Browsing: Global

Trade between the UK and Kuwait has surpassed $86B in the past decade, according to official figures. The UK and Kuwait have robust economic and trade relations, evidenced by their trade exchange between 2013 and 2022 totaling AED 317B ($86B).

ICRA projects that Indian air passenger traffic will grow between 8 to 13 percent in FY24, reaching 150-155 million and surpassing pre-Covid levels. The ongoing recovery in domestic and international air passenger traffic, coupled with a relatively stable cost environment, supports this positive outlook

Etihad Airways, headquartered in Abu Dhabi, has rebounded to profitability and is actively enhancing transparency, governance, and financial stability in anticipation of a potential initial public offering (IPO), as stated by CEO Antonoaldo Neves.

Large technology corporations have been under increasing scrutiny from regulators. Over the last decade, the influence of these multinational tech-focused companies has significantly grown, leading to heightened discussions about the interpretation and extent of regulatory measures.

Amidst economic slowdown and a downturn in business sentiment, China has established a conservative official growth target of approximately five percent for the current year. Premier Li Qiang, delivering his work report at the National People’s Congress (NPC), pledged to generate 12 million jobs, striving to maintain the surveyed urban unemployment rate at around 5.5 percent. The week-long NPC session, attended by President Xi Jinping and over two thousand delegates, concentrates on vital initiatives to fortify the second-largest economy following the post-COVID-19 deceleration.