Sheikh Mohamed in a meeting with Li Keqiang, Premier of the State Council of China (4th right), at the Great Hall of the People in Beijing on Monday. WAM
Dubai-based global developer Emaar will jointly implement with Beijing Daxing International Airport an Dhs40.5 billion (US$11 billion) project including the five square kilometre land area of the 50 sq. km airport.
Chinese President Xi Jinping said on Saturday $64 billion in deals were signed at a summit on his Belt and Road Initiative and more nations would join the global infrastructure programme as he sought to ease concerns over the colossal project.
The Pavilion reflects the vision of the UAE’s wise leadership to develop and enhance the sector, which transformed the desert into a series of green oases, following clear strategies and initiatives, and drawing on the latest and most advanced agricultural technologies.
The logistics industry in the UAE is in for big growth with more logistics parks coming up in Dubai and Abu Dhabi and Chinese companies are set to invest more than $4 billion (Dhs14.68 billion) in logistics projects in Dubai and Abu Dhabi,
Businesses and healthcare providers in the UAE looking for an easier way to source and secure personal protective equipment (PPE) can now do so through Dubai Chamber of Commerce and Industry’s newly launched Response Initiative (RRI).
Spot gold was up 0.6% to $1,808.25 per ounce at 0933 GMT. US gold futures were up 0.6% at $1,813.30.
The blue-chip FTSE 100 was up 1.3%, with fewer than 10 stocks in the red in early trading, while the mid-cap FTSE 250 added 1.0%, led by the auto, personal goods and mining sectors.