Obaid Humaid Al Tayer and Giovanni Tria during the meeting.
Etihad Credit Insurance (ECI), the UAE Federal credit insurance company, has signed a Memorandum of Understanding (MoU) with Italy-based Joint Italian Arab Chamber of Commerce (JIACC) to boost Arab-Italian economic and trade relations by focusing on the halal industry through the access to ECI’s Shariah-compliant insurance and financial solutions.
The Russian thereby climbs to third in the overall standings, which is where the now 29-year-old finished on the 2017 Giro.
Bilateral trade between China and the UAE reached $11.2 billion in the first quarter of 2019, a 16.21 per cent increase compared to the same period in 2018, said a top Chinese diplomat.
The UAE-Italy Business Forum was successfully held in Dubai under the chairmanship of Eng. Sultan bin Saeed Al Mansoori, UAE Minister of Economy and Luigi Di Maio, Deputy Prime Minister and Minister of Economic Development, Labour and Social Policies of Italy, in the presence of several officials and businessmen from both countries.
For 2021, Ifo cut its economic forecast for Germany to 5.1% growth from its previous estimate of 6.4%. It expects the economy to expand by 1.7% in 2022.
Sterling fell 0.51% to $1.2751 against the dollar, the lowest level since July 24 while the pound was down 0.25% against the European common currency at 92 pence.
Spot gold fell 0.9% to $1,895.38 per ounce by 0738 GMT. Prices fell more than 3% to $1,882.70 on Monday, the lowest level since Aug. 12. US gold futures were down 0.5% at $1,900.20 on Tuesday.