Tag : economic growth

Travel

UAE’s aviation sector soars: 31.8 million passengers in Q1 2023

omandailynews.com
The Central Bank of the UAE (CBUAE) has announced in its recent Quarterly Economic Review that UAE airports welcomed a whopping 31.8 million passengers in the first quarter of 2023. This figure represents a notable surge from the same period in 2022 when the passenger count was around 20.4 million,......
News

US gears up to engage with India’s dynamic leader, PM Modi

omandailynews.com
A wave of anticipation has swept across the United States as it readies itself to host one of India’s most transformative leaders, Prime Minister Narendra Modi, from the 21st to the 24th of June. As the dates draw closer, the atmosphere of anticipation is electrifying, with the American political landscape, Indian......
Business

Successful UAE-India partnership stands as a model of bilateral cooperation

omandailynews.com
New Delhi was a hub of activity on the 24th and 25th of May 2023 as it hosted the annual Confederation of Indian Industry (CII) conference. Prominent figures such as Sanjeev Bajaj, President of CII, and Chandragit Banerjee, Director-General of CII, attended, along with a distinguished assortment of global investors,......
Business

Saudi Arabia and OPEC+ allies agree to cut oil output by 1.16 million bpd

omandailynews.com
Saudi Arabia and other OPEC+ oil producers announced further oil output cuts of around 1.16 million barrels per day on Sunday, ahead of a virtual meeting of an OPEC+ ministerial panel. The unexpected move takes the total volume of cuts by OPEC+ to 3.66 million bpd, equal to 3.7% of......
Business

UAE, Egypt, and Jordan sign industrial partnership for economic growth

omandailynews.com
UAE, Egypt and Jordan have announced an Industrial Partnership for Sustainable Economic Growth in Abu Dhabi today to increase sustainable economic growth across five sectors in the three countries. H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, witnessed the signing of the partnership......