Shoppers browse goods for sale at a shopping mall in Beijing. Associated Press
Taiwan’s export orders contracted for an eighth straight month in June, with global companies increasingly hesitant to make new investments in machinery as the China-US trade war wears on.
Global equities fell on Monday after their worst week of 2019 as hopes of an imminent US-China trade deal were crushed, raising fears of a fresh round of tit-for-tat tariffs.
Japan’s exports likely fell for an eighth straight month in July, a Reuters poll showed on Friday, as a protracted US-China trade war and weak global demand hurt shipments from the world’s third-largest economy.
The Sharjah Entrepreneurship Center (Sheraa) is launching ‘UCAN’ or the Ubuntu Care And Nurture initiative with a $250,000 equity-free prize purse open to top startups from the Middle East and Africa.
The UAE property sector is getting momentum as more developers are launching new projects to boost the industry and mitigate the impact of COVID-19.
Dubai non-oil trade continued its growth against the current crisis. Being a hub for gold and diamond trading and making, Dubai made Dhs67.1 billion from gold and diamond air-cargo trade between March and the end of June 2020.