Visitors at an outlet of Apple in New York. Reuters
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.
China on Friday announced tariff hikes on $75 billion of US products in retaliation for President Donald Trump’s latest planned increase, deepening a conflict over trade and technology that threatens to tip a weakening global economy into recession.
A tariff war between the European Union (EU) and the United States (US) is threatening to buckle one of Greece’s most buoyant export sectors, which survived a decade of economic crises but possibly not President Donald Trump.
Global stocks ground higher while oil ebbed on Thursday as investors diverged over whether to bet on economic recovery in the United States and other developed markets or worry about a surge in COVID-19 cases in India and elsewhere.
Abu Dhabi-based International Holding Company (IHC) is building a pioneering solar-powered irrigation system to drive increased energy-efficient agricultural (agri) production in Egypt.
Enoc Group in partnership with Rotary Arabia, one of the premier EPC contractors in Saudi Arabia, completed the building of vital pipeline and tank infrastructure to transport and store petrochemicals in the Kingdom’s Western Province.