Employees of German car manufacturer Porsche assemble sports cars at the Porsche factory in Stuttgart-Zuffenhausen, Germany. Reuters
German industrial activity is sluggish and recent data point to slower growth in the service sector, the German Economy Ministry said, adding this suggested Europe’s largest economy would experience a weak general economic trend.
Germany’s spluttering economy returned to growth in the first quarter as consumers spent more freely and construction activity picked up, but the government said the outlook remained clouded by trade disputes. Gross domestic product (GDP) rose 0.4% quarter-on-quarter,
Weaker demand from abroad drove a bigger-than-expected drop in German industrial orders in July, suggesting that struggling manufacturers could tip Europe’s biggest economy into a recession in the third quarter.
Germany’s second biggest city Hamburg is becoming one of the favourite travel destinations for Gulf travellers, offering them outstanding features, from great waterfront sites, high-end shopping facilities, luxurious hotels to exquisite culinary Michelin-star restaurants.
The Ministry of Finance (MoF) on Tuesday launched the Digital Service Guide, which aims to facilitate access of individuals and businesses to all services provided by MoF through
Strategic relations between Abu Dhabi Fund for Development (ADFD) and the government of Jordan date to 1974, when ADFD financed the first project in the country.
Famous for its medieval walled old city as well as modern skyscrapers, Baku combines the best of both worlds, offering travelers a unique immersive experience between the old and the new.
As an intermediary holding company established under VPS Healthcare, Burjeel Holdings will build on the organization’s legacy of providing an unparalleled continuum of compassionate care across its network of hospitals, specialized clinics, and allied services.