Traders work on the floor of the New York Stock Exchange on Tuesday. Agence France-Presse
European stocks slipped on Monday as concerns about an escalating fallout from a US crackdown on China’s Huawei Technologies offset a slightly more positive tone on trade.
European stocks fell, government bond yields slipped and the Japanese yen firmed on Thursday after the US government hit Chinese telecoms giant Huawei with severe sanctions, further straining Sino-US trade ties.
US FedEx Corp on Friday again apologised and blamed Washington’s ban on Huawei for being “unclear” as Beijing deepened an investigation into why the delivery firm was holding up packages meant for the telecoms equipment maker.
The Middle East’s biggest aviation event, the Dubai Airshow 2019, opened on Sunday. The show draws major commercial and military firms from around the world, as well as smaller manufacturers competing for business.
Sanad Aerotech (Sanad), a wholly owned subsidiary of Mubadala Investment Company (Mubadala) and a leading engine Maintenance, Repair and Overhaul (MRO) solutions provider, has signed a Dhs 500 million landmark agreement with GE
The Mazda 3 was awarded the Supreme Award for the Women’s World Car of the Year (WWCOTY) at the Dubai International Motor Show in the presence of Founder of WWCOTY, Sandy Myhre from New Zealand and the GCC Jury Shereen Shabnam.
The Ministry of Health and Prevention, MoHAP, and the Department of Economic Development — Ajman (Ajman DED), agreed upon enhancing the electronic connectivity in the field of licensing private medical and pharmaceutical facilities,