Europe unveils €150 billion AI investment to boost innovation
Europe is committing €150 billion to AI investment, aiming to accelerate innovation, drive economic resilience, and strengthen strategic sovereignty across key industries....
Tag : economic growth
Japan logs historic $193 billion current account surplus in 2024
Japan recorded a record $193 billion current account surplus in 2024, fueled by strong foreign investment returns, a weak yen, and an improving trade balance, Finance Ministry data shows....
Russia reports 4.2% GDP growth in the first eight months of 2024
Russia's GDP grew by 4.2% in the first eight months of 2024, driven by expanding international trade and stronger economic partnerships with 'friendly' nations....
Vietnam’s F&B sector to reach $29.8 billion in 2024
Vietnam’s food and beverage sector is expected to reach $29.8 billion in revenue by 2024, with a 10.92% growth, driven by increasing consumer confidence and rising demand for sustainable products....
India to surpass US as second largest world economy by 2075, predicts Goldman Sachs
In a groundbreaking report published on Monday, Goldman Sachs predicts that India is poised to surpass not only Japan and Germany but also the United States, becoming the world’s second-largest economy by 2075. This projection reflects India’s remarkable growth potential as its population of 1.4 billion people becomes the largest......
Modi’s historic visit paves way for stronger US-India bonds
During a momentous meeting at the White House, President Joe Biden and Prime Minister Narendra Modi penned a new chapter in US-India relations. The event showcased the mutual respect between two of the world’s largest democracies. A stately ceremony, complete with a 21-gun salute, was organized, signifying the importance of......
UAE’s aviation sector soars: 31.8 million passengers in Q1 2023
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,......
US gears up to engage with India’s dynamic leader, PM Modi
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......
Successful UAE-India partnership stands as a model of bilateral cooperation
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,......
Abu Dhabi hosts premier investment platform for global investors
The 12th edition of the Annual Investment Meeting (AIM Global 2023) is set to take place in Abu Dhabi from May 8 to 10. Participants from 170 countries are expected to attend the premier investment platform for global investors, including top executives, decision makers, government officials, and civil society representatives.......