Pedestrians cross a road in the business district in Seoul. File/Agence France-Presse
China’s factory activity picked up pace in June, official data showed on Tuesday, although analysts warned weak global demand and a potential coronavirus resurgence are weighing on its longer-term recovery.
The economic relations between the UAE and South Korea have witnessed considerable development in all sectors. The volume of non-oil trade between the UAE and South Korea reached $4.9 billion in 2019,
China’s factory activity grew at a slightly slower rate in February as factories closed for the Lunar New Year holiday, a Reuters poll showed, although growth is expected to remain firm, buoyed by an early resumption of production.
Brent crude futures fell 20 cents, or 0.3%, to $65.12 a barrel by 05:27 GMT while US West Texas Intermediate (WTI) crude futures were down 21 cents, or 0.3%, at $61.14 a barrel, after losing $1.32 on Wednesday.
Spot gold was up 0.1% at $1,794.67 per ounce by 01:15 GMT while US gold futures rose 0.1% to $1,795.40 per ounce.
DP World, UAE Region in collaboration with the UAE Food & Beverage Manufacturers Group recently hosted ‘The Food & Beverages (F&B) Manufacturing Industry 2021 Dialogue’ emphasising the significance of the sector to the UAE’s economy. The entity’s recently
The UAE Circular Economy Council met recently for the first time since it was established in February 2021. Dr Abdullah Belhaif Al Nuaimi, Minister of Climate Change and Environment, presided over the meeting. The Council approved the formation of a joint