Employees at a car factory in Palmela, Portugal. File/Agence France-Presse
Portugal’s record economic contraction in the second quarter saw exports of goods and services plunge by 40% as the coronavirus eroded revenue from overseas tourists, a breakdown of official GDP data showed.
Portugal will open to tourists from nearly all European countries from Monday, the interior ministry said, following months of restrictions to prevent the spread of Covid-19.
Portugal added the inaugural Nations League title to their Euro 2016 triumph as Goncalo Guedes’s strike on the hour won an underwhelming final 1-0 against the Netherlands in Porto on Sunday.
Bilateral trade between Dubai and Germany reached Dhs24.6 billion in 2020 and will continue to grow given Dubai’s ease of doing business and flexible ecosystem, according to a top official of Dubai Silicon Oasis Authority (DSOA).
US private equity firm Clayton, Dubilier & Rice (CD&R) is considering a possible cash offer for British supermarket group Morrisons, it said on Saturday.
As part of its tireless and continuous endeavour to support and to stimulate the real estate sector, Sharjah Real Estate Registration Department has announced that 15 different institutions have won the Real Estate Excellence Award,
Dubai Electricity and Water Authority (Dewa) is participating at Expo 2020 Dubai with a large pavilion, characterised by a contemporary design that aligns with Dewa’s role as the Official Sustainable Energy Partner of Expo 2020 Dubai.