Models of residential buildings at a sales centre in Bengbu, China. Reuters
The city is now also seeking to amend laws to allow individuals to be extradited to mainland China, despite grave human rights concerns towards Beijing.
The United States and China said they made progress in trade talks that concluded on Friday in Beijing that Washington called “candid and constructive” as the world’s two largest economies try to resolve a bitter, nearly nine-month trade war.
China’s Huawei Technologies, the world’s third-largest smartphone maker, reported a 25 per cent jump in 2018 net profit, buoyed by a solid performance in its home market and a booming smartphone Business.
Etisalat Group on Tuesday announced that its consolidated revenues amounted to Dhs13 billion and consolidated net profit after Federal Royalty amounted to Dhs2.2 billion representing a year over year (y-o-y), increase of five percent and resulting in a net profit margin of 17 per cent.
The fourth Annual General Meeting (AGM) of Emaar Malls, approved the distribution of Dhs1.301 billion ($354 million) dividend, representing 10 per cent of the share capital being 10 fils per share, to the shareholders.
Investors on Tuesday traded with caution anticipating a further rise in the international oil prices, and conclusion of the third and largest phase of the general elections. Sensex ended 80 points lower after a range-bound movement throughout the day’s trade.