The historic visit of President Xi Jinping of China to the UAE promises to elevate bilateral ties to the next level in politics, economy and trade. It is a reaffirmation of the strategic partnership the [...]
Among the other risks to global growth, the text cites ‘rising financial vulnerabilities, heightened trade and geopolitical tensions, global imbalances, inequality’Buenos Aires — Global economic growth is less synchronised and faces increasing threats, including from [...]
A minor fire at Saudi Aramco’s Riyadh refinery was caused by “an operational incident”, the company said on Thursday. According to a statement posted on Saudi Aramco’s official Twitter account, the fire was brought under [...]
US President Donald Trump.It’s groundhog day in the news cycle; US President Donald Trump tweets about the economy and inevitably, everyone is up in arms. This week, the focus is on currencies, especially the US [...]
The Saudi government's focus on providing more affordable housing to drive home ownership among Saudis will boost the Riyadh’s overall real estate sector, according to JLL. In line with the National Transformation Program 2020, the [...]
Officials from Germany to Japan and South Africa at the Group of 20 meeting of finance ministers in Buenos Aires rejected Trump’s unilateral stanceBuenos Aires: Global economic leaders are pushing back against US President Donald [...]
Ports operator DP World has penned an agreement with the Zheijiang China Commodities City Group to build a new 'Traders Market’ at Jebel Ali Port and Free Zone, in a move the companies say will [...]
Dubai: Ras Al Khaimah Tourism Development Authority (RAKTDA), has announced a 14 per cent increase in international visitors during the first six months of the year. This is ahead of the industry forecast of 4 [...]
Saudi Aramco is in “very early-stage discussions” with Saudi Arabia’s Public Investment Fund (PIF) to acquire a stake in Saudi petrochemical maker SABIC, the company said on Thursday. The statement follows media reports that Saudi [...]
Along with the currencies, equity markets will also be looking at second quarter earnings for leads, which may be supportiveDubai: All eyes will be on the dollar this week as US President Donald Trump’s trade [...]
