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News
South Korea nears agreement worth over $100bln in US investments, WSJ reports
4+ day, 1+ hour ago (259+ words) The South Korean government is preparing to announce a major energy investment project in the United States worth more than $100 billion aimed at boosting artificial intelligence build-out, the Wall Street Journal reported on Thursday. The deal would see South Korea…...
Hyundai Motor Group and African Development Bank partner to accelerate sustainable development across Africa
3+ day, 19+ hour ago (267+ words) SEOUL, Hyundai Motor Group (the Group) signed a Letter of Intent (LOI) with the African Development Bank (AfDB) at its headquarters in Seoul, to support Africa's industrial development and sustainable growth. The agreement integrates the Group's operational and technological capabilities…...
ECB raises interest rates as Iran war fuels inflation fears
3+ day, 21+ hour ago (800+ words) The European Central Bank raised interest rates on Thursday for the second time this year, seeking to quell an energy-driven rise in inflation triggered by the Iran war. Attacks by both sides since the end of August have shattered a…...
UAE deepens its engagement in financial cooperation and development finance at BRICS and New Development Bank meetings in India
3+ day, 23+ hour ago (541+ words) Mohamed bin Hadi Al Hussaini: Mumbai, India – The United Arab Emirates, represented by the Ministry of Finance, participated in the second meeting of BRICS Finance Ministers and Central Bank Governors and the Special Meeting of the Board of Governors of…...
Khaled Balama among the world’s highest-rated Central Bank governors in Global Finance’s 2026 Ranking
4+ day, 22+ min ago (361+ words) Zawya Khaled Balama among the worldâs highest-rated Central Bank governors in Global Financeâs 2026 Ranking International recognition reflects the CBUAEâs strong performance in supporting monetary and financial stability, enhancing the resilience of the UAEâs financial system, and…...
KAFD and NCOSH sign MoU to enhance cooperation in occupational health and safety
4+ day, 18+ hour ago (508+ words) Zawya KAFD and NCOSH sign MoU to enhance cooperation in occupational health and safety Through this MoU, both parties will collaborate to advance occupational safety and health across workplaces and facilities by sharing expertise Riyadh, King Abdullah Financial District Development…...
Gold rises as dollar and yields ease, with US nonfarm payrolls report in spotlight
1+ week, 4+ day ago (361+ words) Gold prices firmed on Thursday as the U.S. dollar and Treasury yields eased, while investors strapped in for U.S. nonfarm payrolls data that could help shape expectations for the Federal Reserve's next policy move. Spot gold rose 0.5% to $4,409.97 per ounce by 0219 GMT…...
South Africa business confidence largely unchanged in Q3, survey shows
1+ week, 4+ day ago (129+ words) Zawya South Africa business confidence largely unchanged in Q3, survey shows The business confidence index recorded 38 points in the third quarter South African business confidence remained largely unchanged in the third quarter of 2026, data showed on Wednesday, as companies await favourable…...