Tag: economic growth

UK interest rates cut as BoE braces for slow economic growth

The Bank of England cut interest rates to 4.5% amid weak UK…

ECB cuts rates as euro zone economy stagnates in fourth quarter

The euro zone economy stalled in Q4, posting zero growth, missing forecasts.…

Egypt’s food exports grow 17 percent to $5.5 billion through November

Egypt’s food exports reached $5.5 billion by November 2024, marking a 17%…

Japanese government approves $730 billion budget for next fiscal year

Japan approved a record $730 billion budget for fiscal 2025, prioritizing defense…

China’s industrial profits shrink 4.7 percent from January to November

China’s industrial profits fell 4.7 percent in the first eleven months of…

DP World starts $1.2 billion port construction in Senegal’s Ndayane

DP World launches construction on Senegal’s $1.2 billion Port of Ndayane, designed…

Russian President praises UAE’s AI leadership at Moscow conference

Russian President Vladimir Putin commends Sheikh Mohamed for spearheading the UAE’s remarkable…

Euro area inflation to more than halve by the end of 2024

The EU forecasts modest GDP growth of 0.9% in 2024, with inflation…

UAE diamond trade rises with support from comprehensive trade deals

UAE’s diamond sector is projected to exceed $40 billion this year, boosting…

Sheikh Mohamed and Dr. Pirc Musar talk bilateral ties in Abu Dhabi

UAE President Sheikh Mohamed met Slovenian President Dr. Pirc Musar in Abu…