A worker cleans machine parts at a factory in Goeppingen, Germany. Associated Press
A slowdown in eurozone business activity accelerated in January, making a new recession almost certain as the COVID-19 pandemic continues to batter the economy, a key survey showed on Friday.
For three decades, China’s burgeoning demand for German cars, machines and engineering tools has been a steady engine of growth for Europe’s largest economy,
German exports to China fell by 6.5 per cent on the year in January and the Federal Statistics Office said the drop could not yet be linked to the coronavirus, as the looming impact of the epidemic threatens to tip Europe’s largest economy into recession.
German business sentiment deteriorated more than expected in August to hit its lowest since November 2012, a survey showed on Monday, in a further sign that escalating trade disputes are pushing Europe’s largest economy toward a recession.
“62 countries participated today in the Arabian Travel Market, an international mega tourism event since the COVID-19 outbreak. Dubai welcomes the world as global tourism begins to recover, representing the light at the end of the tunnel.”
Ras Al Khaimah Tourism Development Authority (RATKDA) has unveiled a new vision and destination brand on Sunday at the Arabian Travel Market (ATM) 2021.
More than 2,500 online travel agents, tour operators, hotel groups and airlines have signed on as Authorised Ticket Resellers (ATRs) for Expo 2020 Dubai, organisers announced at Arabian Travel Market 2021 (ATM).