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DP World announced an offer to acquire JSE-listed Imperial Logistics, an integrated logistics and market access company with operations mainly across the African continent and in Europe.
China will cut the amount of cash that banks must hold as reserves, releasing around 1 trillion yuan ($154.19 billion) in long-term liquidity to underpin its post-COVID economic recovery that is starting to lose momentum.
The UAE, Pakistan bilateral trade is on a solid growth trajectory and marching ahead. A delegation led by Khan Zaman Sarwar, a prominent Pakistani businessman, Chairman, Al Ibrahimi Group
Trade between the UAE and Bahrain has seen a significant rebound since the pandemic with non-oil bilateral trade between the countries increasing by 75% year-on-year in Q2 2021.
World shares slipped on Friday as a leading index strained for a record high, with investor nerves from Asia to Europe gnawing away over how or when the United States and China can agree a truce in their damaging trade war.
The bilateral trade between New Zealand and the United Arab Emirates witnessed a 29 per cent increase during the past one year, a top New Zealand official said.
One of the main tools adopted by the Abu Dhabi Fund for Development (ADFD) within its policy to support the national economy, is to expand the scope of work of national companies
A sharp fall in import of petroleum products reduced India’s October merchandise trade deficit to $11.01 billion from $18 billion reported for the corresponding period of 2018.
Ratings agency ICRA expects India’s growth rate to further slowdown to 4.7 per cent in second quarter of FY2020, due to weak industrial output. Accordingly, the ratings agency expects a further deterioration in the growth rate of India’s GDP
The Organisation for Economic Co-operation and Development (OECD) trimmed its outlook for the global economy on Thursday, saying the world was headed for its weakest economic growth since the 2007-2008 financial crisis.