Tag : investment

Business

Abu Dhabi crown prince and Modi deepen UAE-India ties

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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

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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

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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

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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

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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

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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...
News

UAE hosts PM Modi for official talks on energy and trade

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UAE President Sheikh Mohamed bin Zayed Al Nahyan welcomed Indian Prime Minister Narendra Modi in Abu Dhabi on Friday at the start of an official visit focused on energy cooperation, trade, investment and regional issues. The reception included the national...
News

UAE president and Greek PM hold Abu Dhabi talks

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ABU DHABI: UAE President Sheikh Mohamed bin Zayed Al Nahyan received Greek Prime Minister Kyriakos Mitsotakis in Abu Dhabi on May 5 for talks on bilateral ties and regional developments, as the two countries marked 50 years of diplomatic relations. The meeting focused...
News

UAE and Sierra Leone presidents discuss bilateral ties

omandailynews.com
ABU DHABI: UAE President Sheikh Mohamed bin Zayed Al Nahyan met Sierra Leone President Julius Maada Bio on April 21 in Abu Dhabi, where the two leaders discussed bilateral ties and regional developments during Bio’s working visit to the United Arab Emirates....