Employees at an electric car factory in Zwickau, Germany. Agence France-Presse
German business morale fell to its lowest level since November 2014 in June, a survey showed on Monday, adding weight to expectations that Europe’s largest economy contracted in the second quarter.
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,
The non-oil exports and re-exports of Abu Dhabi touched Dhs32.8 billion mark between a period from June to August 2020, showing an upward trend by 62.5 per cent compared to Dhs20.2 billion recorded between March and May this year,
Pakistan has urged the China and ASEAN countries to benefit from the opportunities being offered in Special Economic Zones (SEZs) in the country. Pakistan’s Ambassador to China Moin-ul-Haque while speaking at the Trade and Investment
Breakbulk Middle East, the GCC’s leading breakbulk and project cargo event, has continually played an active role in increasing the participation of women in key areas in the industry.