Tag : investment

Health

EU announces investment in health of almost €170M plan

omandailynews.com
European leaders confirmed substantial financial commitments to strengthen medical infrastructure across the African continent ahead of the World Health Summit in Berlin. Official reports detail that the EU announces investment in health of almost €170 million to support resilient medical...
Business

Renault expands France EV push with €10 billion investment

omandailynews.com
– Renault Group plans to invest more than €10 billion in France over the next five years. Chief Executive François Provost announced the commitment on October 3. The spending will support electric vehicles and lower-cost models. Renault made about 500,000...
Business

UAE Zambia leaders discuss trade investment and CEPA

omandailynews.com
– UAE President Sheikh Mohamed bin Zayed Al Nahyan met Zambian President Hakainde Hichilema in Abu Dhabi on September 29. Their talks focused on trade, investment, renewable energy and infrastructure cooperation. The leaders also reviewed negotiations for a Comprehensive Economic...
Business

Abu Dhabi crown prince and Modi deepen UAE-India ties

omandailynews.com
Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan met Indian Prime Minister Narendra Modi in New Delhi on September 12. The leaders discussed ways to deepen UAE-India relations and expand cooperation across key sectors. Their meeting...
Business

India GDP grows 7.8% as Modi hails resilient economic growth

omandailynews.com
Prime Minister Narendra Modi has praised India’s 7.8% economic growth in the April to June quarter of fiscal 2026-27. He called the performance a “herculean feat” after official data showed continued expansion across major parts of the economy. Modi said...
News

India and Uzbekistan deepen ties with strategic upgrade

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India and Uzbekistan elevated bilateral ties to a Comprehensive Strategic Partnership on Sunday, expanding cooperation across major economic and security sectors. Prime Minister Narendra Modi and President Shavkat Mirziyoyev announced the upgrade after talks at the Kuksaroy Residence in Tashkent....
Business

Alibaba secures HK$80 billion to expand AI investment

omandailynews.com
Alibaba Group has priced an HK$80 billion share placement to fund artificial intelligence investment and expand its AI infrastructure. The Chinese technology group will issue 710 million new ordinary shares at HK$112.70 each. The deal is worth about US$10.2 billion...
News

International Youth Day 2026 puts youth inclusion in focus

omandailynews.com
The United Nations marked International Youth Day on Wednesday with a call for stronger investment in young people. Secretary-General António Guterres said youth should have greater inclusion and a larger role in decisions that affect their lives. The 2026 observance...
Automotive

Porsche to cut 5000 more jobs under restructuring plan

omandailynews.com
German luxury sports car manufacturer Porsche announced an agreement with labor representatives on Monday to reduce its workforce by an additional 5,000 positions by 2035 as part of a restructuring program. The decision brings total planned job eliminations across the...
News

Italy and GCC sign MoU to expand political cooperation

omandailynews.com
Italy and the Gulf Cooperation Council signed a memorandum of understanding in Rome on Monday to strengthen cooperation and create a structured channel for political consultations. The agreement was signed during a meeting between Italian Deputy Prime Minister and Foreign...