Xi Jinping with Donald Trump
Current and threatened US-China tariffs could slash global economic growth by 0.5 percentage point in 2020, the International Monetary Fund warned on Wednesday as world finance leaders prepare to meet in Japan this weekend. IMF Managing Director Christine Lagarde said in a blog and briefing note for G20 finance
After almost three years of successfully predicting a global economic revival, world bond markets are furiously flagging the risk of yet another recession, as well as low inflation for a generation.
China’s state planner said on Friday trade frictions with the United States has had some impact on China’s economy, but it was “controllable” and countermeasures would be rolled-out when needed to
US President Donald Trump's tariff increase to 25% on $200 billion worth of Chinese goods took effect on Friday, and Beijing said it would strike back, ratcheting up tensions as the two sides pursue last-ditch talks to try salvaging a trade deal.
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.