Officials after signing the strategic partnership.
At a ceremony held at the China National International Convention Centre, Dubai-based global developer Emaar has signed a memorandum of understanding (MoU) with Beijing New Aeropolis Holdings (BNA) to jointly develop
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.
The Dubai-China bilateral trade hit Dhs139 billion in 2018, and was valued at Dhs36 billion in the first quarter of 2019.
Global stock markets sank on Friday following more signs that the COVID-19 pandemic would take a massive toll on economic growth, while oil prices continued to rally on hopes of a cut to global supply.
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. The pandemic will cost the global economy as much as $4.1 trillion, or nearly 5% of all economic activity,
The Etihad Rail Board of Directors held a remote meeting chaired by Sheikh Theyab Bin Mohamed Bin Zayed Al Nahyan, Member of the Executive Council, and Chief of Abu Dhabi Crown Prince’s Court.
Authorities in the UAE have initiated several measures to slow the rate of infections and work on containment of contagion. In a series of initiatives the Dubai Economy Department (DED) has launched a series of campaigns to raise awareness and educate businesses and individuals on the best practices they need to adhere to.