Madrid – “Al-Quds Al-Arabi”: The interruption of navigation traffic for a few days in the Suez Canal corridor during the past two weeks caused great panic in economic circles in the world due to fear of losses that may be suffered by multinational companies and some countries, including Egypt. The…
Month: April 2021
German industry expects to increase its production by 8% this year
Hanover / Berlin – News agencies: German industry expects a gradual recovery this year, following the significant decline in production last year. The President of the Federation of German Industries, Siegfried Rosworm, said yesterday at the start of the digitally held Hanover Industrial Fair that industrial production is expected to…
Foreign direct investment in Dubai declined 53% in 2020.
Dubai: Official data showed, on Monday, that foreign direct investment in the emirate of Dubai decreased by 53 percent in 2020, on an annual basis, to 24.7 billion dirhams ($ 6.7 billion), under the pressures of the Corona pandemic. This came in a report by the Dubai Investment Development Corporation,…