Category: News

World MSME Day: A Global Commemoration of Entrepreneurial Vitality

15 May 202512 June 2025 Editor No Comments

Observed annually on June 27th, World MSME Day highlights the indispensable role of Micro, Small, and Medium-sized Enterprises as pivotal drivers of global job creation, innovation, and sustainable development. World Micro, Small and Medium-sized Enterprises Day (MSME Day), observed annually on June 27th, serves as a pivotal international observance to recognize and celebrate the immense…

Business, News, Opinion, Reports, SMEs, Updates, Videos

Russia and UAE Near Historic Free Trade Zone Agreement: A Boost for SMEs

29 April 202529 April 2025 Editor No Comments

In a significant step toward deepening economic ties, Russia and the United Arab Emirates (UAE) are finalizing a free trade zone agreement between the Eurasian Economic Union (EAEU) and the UAE, with a target signing date by the end of 2025. Announced by Russian Deputy Prime Minister Alexei Overchuk on April 28, 2025, the deal…

Business, News, Opinion, Politics, Reports, SMEs

Russia: Soft drinks bottling up 9% YOY in 2M 2025 — Agriculture Ministry

20 April 202520 April 2025 Svetlana M No Comments

Moscow, April 18 (TASS) — Russia’s soft drinks sector has shown robust growth at the start of the year, with bottling volumes of non-alcoholic beverages rising by 9% year-on-year in January–February 2025 to 126.7 million decaliters, according to a statement from the Russian Ministry of Agriculture. “Russian bottlers significantly increased the output of non-alcoholic drinks…

FEATURED, News, TOP STORIES

IMF Unveils New Global Standards for Macroeconomic Statistics with Release of BPM7

21 March 202520 April 2025 Svetlana M No Comments

Washington, D.C., March 20, 2025 — The International Monetary Fund (IMF), in collaboration with the global statistical community, has released the seventh edition of the Integrated Balance of Payments and International Investment Position Manual (BPM7), establishing updated international standards for compiling external sector statistics. The manual, last updated in 2009, incorporates significant changes reflecting the…

FEATURED, News, Reports, TOP STORIES

Car Rental Platform Market Poised for Growth: Key Trends and Industry Insights

17 March 202518 March 2025 Svetlana M No Comments

The global car rental platform market is set for significant expansion, with market research from HTF Market Intelligence indicating a projected growth from $80 billion in 2024 to $120 billion by 2032, at a compound annual growth rate (CAGR) of 6%. This growth is fueled by increasing consumer preference for digital booking solutions, the rise…

FEATURED, News, TOP STORIES

Jeffrey Sachs at the European Parliament: A Call for Pragmatic Global Cooperation

1 March 20252 March 2025 Svetlana M No Comments

In a thought-provoking address to the European Parliament, economist Jeffrey Sachs presented a nuanced perspective on global geopolitics, economic development, and the need for a shift in international relations. His speech covered key themes such as multipolarity, economic justice, the importance of diplomacy, and the need for fairer global financial and trade systems. The Need…

News, Opinion

India and EU Strengthen Science and Technology Ties with High-Level Delegation Meeting

27 February 202528 February 2025 Editor No Comments

New Delhi, February 27, 2025 – A high-level European Union (EU) delegation, led by Ms. Ekaterina Zaharieva, European Union Commissioner for Startups, Research, and Innovation, met with India’s Union Minister for Science and Technology, Dr. Jitendra Singh, in New Delhi today to discuss strengthening collaboration in startups and innovation. The meeting marks a significant milestone…

News, Reports, Reviews

India-EU Free Trade Agreement: Market Dynamics, Negotiation History, and Key Discussion Points

27 February 202528 February 2025 Editor No Comments

New Delhi, February 27, 2025 – India and the European Union (EU) are engaged in high-level discussions to advance negotiations on the India-EU Free Trade Agreement (FTA). European Commission President Ursula von der Leyen, along with 22 European Commissioners, is in New Delhi to address trade, investment, and regulatory challenges between the two economies. The…

FEATURED, News, TOP STORIES, Trade

Empowering Women Entrepreneurs: Rabeha Programme Boosts Market Access for Handicraft Enterprises in Egypt

25 February 20253 March 2025 Svetlana M No Comments

The Rabeha Joint Programme, a collaboration between UN Women and the United Nations Industrial Development Organization (UNIDO), is driving positive change for women-led handicraft enterprises in Egypt. By providing technical assistance, business support, and greater market access, the initiative is helping women entrepreneurs scale their businesses and improve their economic opportunities. One of the key…

News

Huda Beauty Sells Fragrance Brand KAYALI to Mona Kattan and General Atlantic

21 February 202525 February 2025 Svetlana M No Comments

Dubai-based beauty giant Huda Beauty has announced the sale of its fragrance brand KAYALI to co-founder Mona Kattan and global growth equity firm General Atlantic, marking a strategic shift in the beauty industry. The deal, pending regulatory approval, will establish KAYALI as an independent entity, with Mona Kattan retaining her role as CEO. Financial terms…

News