Containers sit at a terminal at the Qingdao port in Shandong province, China. Reuters
DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has signed two new strategic partnership agreements with Chinese authorities during visits to the cities of Hangzhou
The latest report by Baltic Exchange for trading and shipping and the Xinhua news agency of the China Economic Information Service based in London has ranked Dubai fifth in the International Shipping Centre
Chinese firms, willing to buy American agricultural products, have asked for prices from US firms and will sign commercial contracts, ministry spokesman Gao Feng told a news conference.
Oil prices gained for a fourth straight session as data showed a drawdown in US crude stockpiles, adding to ongoing worries of tight supply, which have offset concerns over a weaker global economy and demand.
The partially convertible rupee ended at Rs78.9650/9750 per US dollar (Dhs21.49) after touching a lifetime low of Rs78.97. The currency had closed at Rs78.77 on Tuesday.
Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Council, launched ‘Dubai Global’, an initiative to establish 50 integrated