The World Bank has approved $265 million to support Morocco’s Ifahsa Pumped Hydropower Storage Project, a 300-megawatt clean energy facility planned for the country’s north. The financing backs a major storage project designed to help Morocco add more renewable power
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South Korea’s exports topped US$100 billion in a single month for the first time in June, setting a national record as semiconductor shipments nearly tripled. The Ministry of Trade, Industry and Resources said exports rose 70.9% from a year earlier
The World Bank approved a US$700 million loan for Jordan to support private investment, job creation and economic reforms. The financing falls under the Jordan Growth and Competitiveness Development Policy Financing II program. It supports steps linked to the country’s
Indian investigators said one of the country’s largest gold exporters paid its managing director about Rs17,000 a month, roughly $180, despite reporting consolidated revenue of about Rs7.7 lakh crore. The Directorate of Enforcement said it found the pay detail during
Chinese Commerce Minister Wang Wentao will visit Brussels on Monday, June 29, for talks with European Trade Commissioner Maroš Šefčovič, the European Commission said. The meeting places China EU trade relations back at the center of the bloc’s economic agenda.
Japan’s Nikkei 225 rose above 72,000 for the first time on Monday, setting a fresh record as Tokyo equities extended a sharp June rally. The benchmark share average gained 1.4 percent to 72,247.21 in morning trade. It earlier touched an
Dubai World Trade Centre has partnered with -45dB to introduce sound-reduced modular meeting spaces across its venues, adding private rooms and pods for high-traffic exhibitions and events. The partnership covers sites including Dubai International Convention and Exhibition Centre and Dubai
Japan core machinery orders rose 8.7% in April from the previous month, government data showed, marking a strong rebound in a key measure of private-sector equipment demand. The seasonally adjusted value of core orders reached 1,098.5 billion yen. The figures
Samsung Electronics led global semiconductor companies in combined investment in 2025, spending nearly 90 trillion won, or US$59.2 billion, on capital expenditure and research and development. The total placed the South Korean chipmaker first among the top 10 semiconductor companies by
Egypt’s economy grew 5.2% in the first nine months of fiscal year 2025/2026, covering July 2025 through March 2026. The Ministry of Planning, Economic Development and International Cooperation reported the rate in its latest update on Egypt GDP growth. The period includes