Philippe Mhun, Emmanuel Macron and Angela Merkel at the Airbus facility in Toulouse, France. File/Reuters
The World Trade Organization (WTO) formally authorised the United States on Monday to impose tariffs on up to $7.5 billion of imports of EU goods after an arbitrator’s decision over subsidies to planemaker Airbus .
US and Indian trade negotiators ended talks on Friday without making major progress on a range of disputes over tariffs and other protectionist measures imposed by both sides that are straining bilateral ties,
China’s factory activity shrank more than expected in June, an official manufacturing survey showed, highlighting the need for more economic stimulus as US tariffs and weaker domestic demand ramped up pressure on new orders for goods.
Value of funds collected through the UAE Direct Debit system (UAEDDS) of the Central Bank of the UAE (CBUAE) rose by 7 per cent to Dhs61 billion in 2019 from Dhs57 billion in 2018, according to figures released by the Central Bank of the UAE.
Dr. Ahmad Belhoul Al Falasi, Minister of State for Entrepreneurship and Small and Medium Enterprises (SMEs) confirmed that supporting SMEs is a top priority in the Ministry’s agenda and in ensuring the growth of the national economy in the future.
Dubai Startup Hub, an initiative of Dubai Chamber of Commerce and Industry, has announced that it is organising the first-ever Dubai Technology Tour, which aims to drive UAE-India collaboration in the areas of fintech and healthtech.