Cars for exports at the port of Emden, Germany. Reuters
By category, production of machine tools were up 27.6 per cent on the month, intermediate goods stagnated at 0.1 per cent and consumer goods were up slightly at 1.4 per cent, the Destatis official statistics agency said.
Germany’s first three-way coalition in decades was forged in crisis last year when unity was paramount. Now as it takes on major structural challenges, deep differences between the parties resurface, delaying critical decisions both at home and on the European stage. Russia’s invasion of Ukraine and the resulting energy crisis forced
The value of German exports jumped by 4.5 per cent in June to hit a record level, though economists cautioned that much of the increase was likely due to soaring prices. Exports rose for a third month in a row, beating forecasts for a 1 per cent increase and pushing Germany’s seasonally adjusted trade surplus to 6.4 billion
German business morale improved further in July after posting a record increase in June, a survey showed on Monday, suggesting that firms expect Europe’s largest economy to recover from the coronavirus shock if a second wave of infections is avoided.
Takahiko Shingai, Deputy General Manager and Director of Development Department at ADOC, said: ’’We are planning to expand our production facilities and increasing extraction rates."
Dubai Chamber of Digital Economy, one of the three chambers operating under the umbrella of Dubai Chambers, has launched ‘Business in Dubai,’
The UAE’s leading luxury real estate developer Damac Properties hosted an exclusive media tour to showcase its ambitious Damac Lagoons development,