Business
June 11, 2023
3 min

Indian industrial and warehousing demand up 11 per cent year-over ... - Gulf Today

- Foreign Portfolio Investors (FPIs) turned buyers for the first time in September despite previous selling

- Asian factory activity mostly declined in August due to the China-US trade war, leading to potential need for stimulus

- China's factory-gate prices shrank at the sharpest pace in three years in August, reinforcing the need for economic stimulus

- India's Finance Minister has promised investments, agricultural transformation, infrastructure expansion, digitisation and a $5-trillion economy

- Bank investments in UAE hit a historical high of Dhs548.5 billion by the end of March

- China's factory gate prices fell at the fastest pace in seven years in May due to faltering demand and a slowing manufacturing sector

- GCC nations have a small shadow economy, with informal businesses accounting for just 18% of gross

- New free zone entrants in the UAE can receive a business license, one investor visa, and select up to three business activities for Dhs14,500.

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Adhikansh Gupta
Content Manager

Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry