Browsing: Business

Australian Minister for Climate Change and Energy Chris Bowen announced Friday that Australia and Germany have committed A$50 million ($35.5 million) and 50 million euros ($54.4 million), respectively, in support of a joint initiative to establish a green hydrogen supply

UN economists warned that intersecting crises will further damage the global economy, causing growth to slow from three percent in 2022 to 1.9 percent this year. Apart from the 2007-8 financial crisis and the height of the COVID-19 pandemic, this

UN economists warned that intersecting crises will further damage the global economy, causing growth to slow from three percent in 2022 to 1.9 percent this year. Apart from the 2007-8 financial crisis and the height of the COVID-19 pandemic, this

Abdel Fattah El-Sisi, president of Egypt, met Prime Minister Narendra Modi today in New Delhi. During this visit, India and Egypt exchanged MoUs on cyber security, culture, information technology, youth affairs and broadcasting. After the meeting, Prime Minister Modi stated

In an email sent to Google’s staff on Friday, Sundar Pichai announced the company would lay off 12,000 employees. The move follows the layoff of 28,000 employees by Amazon and Microsoft combined, as well as the announcement of 11,000 job

In the largest locomotive deal in Siemens’ history, the German engineering company reported on Monday that it had signed a contract with the Indian government. The contract is for the supply and maintenance of freight trains. The contract is worth

From April to December 2022, India’s overall exports combining merchandise and services are expected to grow by 16.11 percent compared to the same period last year. Overall, the country’s exports during the period were estimated to be $568.57 billion US

Mubadala Investment Company (Mubadala) announced its investment in Dental Care Alliance (DCA), the leading US-based dental services organization with approximately 390 affiliated practices, along with a private equity fund managed by Harvest Partners, LP (Harvest Partners), a long-established private equity

Property transactions in Dubai exceeded $2.2 billion (AED8.1 billion) this week, according to Land Department data. A total of 2,574 real estate transactions were recorded during the week ending January 13. 221 plots were sold for $321.2m (AED1.18bn), while 1,889

The Dubai World Trade Centre (DWTC) launched the first quarter with an impressive conference and exhibition lineup. In the first nine months of 2022, Dubai returned to pre-pandemic economic form with year-on-year GDP growth of 4.6 percent.