China and UAE have made solid steps in cooperation under the ‘Belt and Road’ framework. Reuters
Following the UAE Ministry of Finance’s efforts to strengthen cooperation with EU member states, Obaid Humaid Al Tayer, Minister of State for Financial Affairs met with Giovanni Tria, Minister of Finance of Italy during the Ministry’s visit to the Duchy of Luxembourg.
The Prime Minister of Bangladesh Sheikh Hasina and the UAE Minister of State for Food Security Mariam Hareb Almheiri have discussed ways to boost bilateral cooperation in the areas of research and development, capacity-building,
The total value of trade exchange between the UAE and Japan fell by 9.6 per cent to Dhs27.38 billion ($7.46 billion) in the first quarter of this year, down from Dhs30.28 billion ($8.25 billion) in the corresponding period last year.
The UAE is the major trade partner to Vietnam in the Middle East and North Africa while Vietnam is the key trade partner to the UAE in the South East Asia, with two-way non-oil trade reaching $10.4 billion in 2017, a growth of 18 per cent as compared with 2016, according to Sultan Bin Saeed Al Mansouri, Minister of Economy.
European shares rose on Friday after upbeat industrial output data from Italy and France raised hopes of an economic recovery, even as a spike in coronavirus cases around the world kept gains in check.
As governments rushed out funding to prevent an economic collapse amid the coronavirus pandemic, global public debt swelled to the highest in history, but the IMF warned on Friday that cutting back too soon could undermine the recovery.
Construction Cost Index (CCI), remained unchanged in the first quarter of 2020 compared with the first quarter of 2019 with the index at 98.0 per cent in both corresponding quarters, according to official figures.