Tag : manufacturing

Business

UAE global FDI stock reaches $402.7 billion in 2025

omandailynews.com
– The UAE recorded $63.353 billion in outward foreign direct investment during 2025, according to UN Trade and Development. The country’s total outward FDI stock reached $402.729 billion at the end of the year. That figure stood at $55.560 billion...
ACCESS Newswire

Chervon Names Claudio Chiappetta Vice President of Retail Sales for Chervon Canada

omandailynews.com
/ Claudio Chiappetta joins Chervon as Vice President of Retail Sales for Chervon Canada; effective Monday, October 5, 2026, reporting to VP, MD Neil Harrison....
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...
News

Egypt and China mark 70 years during Xi Jinping visit

omandailynews.com
Chinese President Xi Jinping arrived in Cairo for an official visit as Egypt and China marked 70 years of diplomatic relations. Egyptian President Abdel Fattah El-Sisi welcomed Xi at Cairo International Airport on Tuesday. First Lady Entissar El-Sisi also attended...
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...
Business

Developing Asia FDI reaches $644 billion in 2025

omandailynews.com
Developing Asia attracted $644 billion in foreign direct investment in 2025, up from $623 billion a year earlier, United Nations Trade and Development said in its World Investment Report 2026. The gain kept the region as the largest FDI recipient...
Business

UAE economy extends global rise on strong 2026 data

omandailynews.com
ABU DHABI: The United Arab Emirates entered 2026 with a strong run of official economic data showing broad-based expansion across non-oil activity, trade, banking and investment, reinforcing its position as one of the region’s fastest-growing economies. Releases published in the first...
Business

China auto output and sales jump in March

omandailynews.com
BEIJING: China’s automobile industry posted a sharp rebound in March, with production rising to 2.917 million units and sales reaching 2.899 million units, according to data released by the China Association of Automobile Manufacturers. Output jumped 74.4% from February and sales increased...