Akima Umezawa - Consul General of Japan (2nd from left) with other top officials during the event on Monday in Dubai.
The seventh session of the Abu Dhabi-Japan Economic Council (ADJEC) kicked off on Thursday on a virtual platform to discuss ways of enhancing economic, commercial, and investment cooperation between Abu Dhabi and Japan
The total value of trade exchange between the UAE and Japan fell by 9.6 per cent to Dhs27.38 billion ($7.46 billion) in the first quarter of this year, down from Dhs30.28 billion ($8.25 billion) in the corresponding period last year.
Japan’s core machinery orders slipped in July, albeit at a slower-than-expected pace, as slowing global demand and protracted trade tensions hit corporate investment in the world’s third-largest economy.
The bitter trade war between China and the United States kept Asian factory activity mostly in decline in August, business surveys showed, strengthening the case for policymakers to unleash fresh stimulus to fend off recession risks.
The non-cash payments in the UAE alone are expected to account for 73 per cent of the total transaction volume by the end of 2023, according to a recent report.
Helsinki: Housing prices in Finland are expected to have the biggest drop this year since 1993, according to a housing market review conducted by Hypo, a credit institution specialising in the sector.
Iraq on Saturday presented an ambitious plan to turn itself into a regional transportation hub by developing its road and rail infrastructure, linking Europe with the Middle East.