Containers are seen at the Yangshan Deep Water Port in Shanghai, China. Reuters/ File Photo
Steep drops in auto sales for China and India over recent months are serving as a painful reminder that the world’s two most populous markets are not living up to the earlier heady expectations.
India’s merchandise exports grew 11.02 per cent, on a year-on-year basis in March, to $32.55 billion from $29.32 billion reported for the corresponding month of last year, official data showed on Monday. “Exports in March 2019 were $32.55 billion, as compared to $29.32 billion in March 2018, exhibiting a positive growth of 11.02 per cent,” the Commerce Ministry said.
Already well-established as one of the world’s top centres for oil bunkering, the Port of Fujairah and the adjacent Fujairah Oil Industry Zone (FOIZ) continue to attract further business and investment, recent announcements show.
Indonesia’s economy expanded more slowly than expected in the first quarter of this year, as investment dropped ahead of elections and campaign spending failed to sustain growth momentum. Southeast Asia’s largest economy grew 5.07 per cent in January-March from a year earlier,
ABU DHABI: The Abu Dhabi Securities Exchange (ADX) has announced in a statement that Invest Bank is resuming stock trading starting from Wednesday session based on the instructions of the Securities and Commodities Authority and the no-objection letter issued by the UAE Central Bank, provided the bank will meet all the legal
The Abu Dhabi National Oil Company (Adnoc) announced on Wednesday the award of multi-billion-dollar contracts for the procurement of casing and tubing as it drives value through its smart approach to procurement. The combined scope of the three contracts awarded is one of the world’s largest in this category, maximising value for Adnoc
The Abu Dhabi National Energy Company (Taqa) announced on Wednesday that its subsidiary, Taqa Atrush BV (Taqa Iraq), has set a new production record from the Atrush oilfield in the Kurdistan Region of Iraq. For the first time since the field commenced operations in July 2017, the total monthly production volume exceeded
As many as 17 selected participants of the second edition of the Badiri Social Entrepreneurship Programme (BSEP) recently visited London and Liverpool recently, on a field trip in pursuit of learning socially impactful and innovative business practices. Launched in 2018, BSEP is the invention of both Sharjah-based NAMA Women Advancement