Traders work on the floor at the New York Stock Exchange. File
Japan’s government slashed its economic growth forecast for this year largely due to weaker exports, in a sign the protracted US-China trade war is taking a bigger toll on the world’s third-largest economy.
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.
China’s factory gate prices shrank for the first time in three years in July, stoking deflation worries and adding pressure on Beijing to deliver more stimulus as the economy sputters amid an intensifying trade war with the United States.
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Monday visited the 25th edition of the Gulfood, which is hosted by the Dubai World Trade Center between February 16 and 20.
The attractive offers by the real estate market in Dubai continued last year to benefited investors, end users and tenants alike. This led to the continuation of momentum on these vital areas with competitive prices,
DP World’s parent company Port and Free Zone World has offered to acquire the 19.55 per cent of DP World’s shares traded on Nasdaq Dubai, returning the company to private ownership.
The Jebel Ali Free Zone (Jafza) - key trade facilitator of DP World, UAE Region - is showcasing its incentives for companies as well as its sustained role as the leading contributor to Dubai’s F&B trade, at Gulfood 2020, which opened on February 16, marking its 25th anniversary.