Latest news and articles about economic activity from NEX English
Local authorities have announced the closing times for public shops in the country following the cessation of the Iranian war and Christian holiday celebrations. This decision aims to organize commercial activities and facilitate citizens' movement during the festive period.
The Egyptian government has announced plans to implement <strong>daylight saving time</strong> starting in <strong>2026</strong>, effectively abolishing the previous <strong>winter time</strong> system. This decision aims to enhance energy efficiency and boost economic activity.
The United Arab Emirates has announced the longest public holiday in its history for Eid al-Adha in 2026, coinciding with the Day of Arafah. This initiative aims to boost domestic tourism and enhance economic activity.
The night economy is gaining importance in Egypt, contributing significantly to economic activity and creating new job opportunities. This sector encompasses various activities that continue late into the night.
Bogor Station in Indonesia has seen a significant influx of passengers as work resumes following the Eid al-Fitr holiday. This surge reflects the country's growing economic activity after a period of pandemic-related lockdowns.
Cairo Governor Khaled Abdel Aal announced the reopening of licensed shops in the Nile Walk area, emphasizing the need to adhere to specified health guidelines. This decision aims to boost commercial activity in the capital following the pandemic's impact.
The Jordanian government has announced a series of new measures aimed at revitalizing economic activity and promoting growth. These steps are part of the country's efforts to recover from the impacts of the COVID-19 pandemic.
The Jordanian Ministry of Public Works and Housing announced the reopening and rehabilitation of the royal road connecting Tafilah and Karak. This initiative aims to boost economic activity and facilitate transportation between the two governorates.
The UK economy has experienced slight growth, but industrial input prices have surged to their highest levels since October 1992. This increase is attributed to rising costs from global conflicts, putting pressure on both companies and consumers.
India's economic activity saw a significant decline in March, with industrial production dropping to its lowest level in 4.5 years. This downturn is attributed to gas shortages impacting factories due to the ongoing war in Iran.
India's private sector activity declined sharply in march 2023, with the purchasing managers' index falling to 56.5, its lowest level since october 2022. The decline is attributed to weak domestic demand and the impact of the war in the middle east. The indian government has warned of potential long-term effects on the economy.