Tag : GCC

Business

South Korea food exports rise 4% in first quarter

omandailynews.com
SEJONG: South Korea’s food exports rose 4.0% from a year earlier in the first quarter, supported by strong overseas demand for ramyeon, snacks, beverages and fresh fruit, according to provisional government data released on April 3. Food exports reached $2.5622 billion in the January to March period, up from $2.4639 billion a......
Business

World Bank predicts 4.8 percent expansion in UAE’s non-oil sector in 2023

omandailynews.com
The World Bank has released its projection stating that the United Arab Emirates (UAE) is expected to experience a robust growth of 4.8% in its non-oil sector in 2023, contributing to an overall GDP growth of 2.8%. This growth is driven by strong domestic demand, particularly in sectors such as......