Browsing: Business
India has cautioned Washington that the proposed tariffs on nations importing Russian crude could negatively impact bilateral relations and cause disruptions in worldwide commodity trading. This warning came after the United States House of Representatives passed the Sanctioning Russia and
As investors digested the U.S. Federal Reserve decision to increase benchmark interest rates by a quarter of a percentage point, gold prices continued their decline across global commodity exchanges. During international trading, spot bullion declined by 1 percent, reaching $4,249
– On September 12, in New Delhi, Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi, held discussions with Indian Prime Minister Narendra Modi regarding the enhancement of bilateral relations between the United Arab Emirates
– Oman’s yearly inflation reached 3.4% in August 2026, marking an upward trend in consumer prices. The rate was 3.2% in July and 2.8% in June. The average inflation rate from January to August stood at 2.9%. The National Centre
As part of his official visit to Germany, President His Highness Sheikh Mohamed bin Zayed Al Nahyan engaged with German corporate leaders and executives in Berlin. During an executive roundtable, the UAE President was given detailed updates on corporate activities,
Both India and Russia are fast-tracking efforts to broaden non-energy trade and mutual investments with the goal of reaching $100 billion in annual bilateral commerce by 2030. During the INNOPROM India 2026 industrial trade fair, officials laid out plans to
– The United Arab Emirates is set to channel €40 billion into Germany, targeting industries such as manufacturing, technology, energy, and digital infrastructure. This significant financial commitment was revealed during President Sheikh Mohamed bin Zayed Al Nahyan’s official visit to
– During an official visit to Berlin, the United Arab Emirates and Germany enhanced their bilateral collaboration. UAE President Sheikh Mohamed bin Zayed Al Nahyan and German Chancellor Friedrich Merz announced the signing of 12 government agreements and declarations. These
– Gold prices managed to stay above $4,400 an ounce on Thursday, bouncing back after an earlier dip in the previous session. Spot gold increased 0.3% to reach $4,414.28 an ounce by 0419 GMT. Meanwhile, U.S. gold futures for December
Maritime Industry Faces Potential Impact as Panama Canal Limits Ship Movements Amid Drought Concerns
– The Panama Canal is contemplating a further reduction in the number of ships crossing daily, as ongoing drought conditions threaten its water reserves. Ilya Espino de Marotta, the canal’s administrator, indicated that traffic may decline to approximately 29 vessels
