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    Thailand’s economy ends gloomy year with slim prospects for cheer

    30 Dec 2019

    Thailand is set to end 2019 at the weakest pace of growth in five years and little to cheer about next year, as Southeast Asia’s second-largest economy faces headwinds from global trade tensions, a surging baht and rising political risks.

    DMCC and Diamond Bourse of Italy discuss future of trade

    05 Dec 2019

    DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has announced details surrounding its latest campaign to boost international diamond trade through the emirate of Dubai.

    Global stock markets sink on resurgent virus fears; oil down

    19 Jul 2021

    World stocks sank on Monday as the spreading Delta virus variant fuelled fears it could undermine the economic recovery, while oil prices tanked after leading producers finally agreed to hike output.

    China delays additional planned tariffs on some American goods

    15 Dec 2019

    China has suspended additional tariffs on some US goods that were meant to be implemented on Dec. 15, the State Council’s customs tariff commission said on Sunday, after the world’s two largest economies agreed a “phase one” trade deal on Friday.

    Markets gain as investors hail preliminary US-China trade deal

    16 Dec 2019

    World stock markets rose on Monday, trading a notch below a record high hit last week on the back of a preliminary trade deal agreed between the United States and China.

    Saudi non-oil private sector economy grows on new orders

    03 Dec 2019

    November saw a further improvement in the health of Saudi Arabia’s non-oil private sector, with latest IHS Markit PMI data indicating a quickening of growth momentum. This was driven by the sharpest rise in new work since April 2015.

    Stocks rattle as Trump says ‘no trade deal deadline with China’

    03 Dec 2019

    Global equities mostly retreated on Tuesday after US President Donald Trump warned there was no deadline for doing a trade deal with China.

    DFZC, Dubai Exports collaborate to boost exports, trade opportunities

    23 Dec 2019

    The Dubai Free Zones Council (DFZC) has signed a memorandum of understanding (MoU) with Dubai Exports in a bid to boost business opportunities, foreign trade and the volume and value of exports.

    Saudi ACWA Power to drive solar energy development in Ethiopia

    24 Dec 2019

    ACWA Power signed two long-term power purchase agreements (PPA) with Ethiopia’s state-owned electricity producer Ethiopian Electric Power (EEP) for two 125 MWac solar photovoltaic (PV) projects at $2.526 cents/kWh over 20 years.

    China’s forex reserves ease to $3.096 trillion in November

    07 Dec 2019

    China’s foreign exchange reserves fell $9 billion in November to $3.096 trillion, central bank data showed on Saturday, as Washington and Beijing remained locked in negotiations over an interim trade agreement.

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