New cars for exports at a factory in Kawasaki, Japan. Reuters
The bitter trade war between China and the United States kept Asian factory activity mostly in decline in August, business surveys showed, strengthening the case for policymakers to unleash fresh stimulus to fend off recession risks.
Japan’s exports likely fell for an eighth straight month in July, a Reuters poll showed on Friday, as a protracted US-China trade war and weak global demand hurt shipments from the world’s third-largest economy.
Japan households’ mood hits five-year low level as tax hike bites in the fourth quarter of the last year. Consumers curbed spending on dining out, clothing and daily necessities after the tax increase,
The latter leads to an increase in the total cost of credit, logically impacting the debt capacity of the UAE residents. And this situation seems set to last since the last increase in September, in an international context favorable to inflation.
In 2022, this momentum continues with the largest companies across the globe allocating significant resources to blockchain technology to streamline and future-proof their businesses.
Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of Dubai Executive Council and Chairman of the Board of Trustees of the Dubai Future Foundation (DFF), has said the metaverse will shape a new digital future for humanity.
Adnoc Distribution announced on Wednesday the approval of an interim dividend payment to shareholders for the first six months of 2022 of Dhs1.285 billion (10.285 fils per share), equivalent to $350 million. This is the first payment of what is expected to be a full-year 2022 dividend payment of minimum Dhs2.57 billion (20.57 fils