AKI Consumer and CJ Foods will introduce a wider range of K-Food offerings to consumers across the UAE, Saudi, and neighbouring markets
These partnerships mark a milestone in AKI’s expansion and reflect the shared commitment of the UAE and China to foster innovation and trade
The dollar languished near multi-week lows against its rivals, making gold less expensive for holders of other currencies
The United States would start imposing tariffs and other measures on Russia if Moscow showed no progress toward ending tensions in Ukraine
The presidential order listed higher import duty rates of 10 per cent to 41 per cent starting in seven days for 69 trading partners
Headquartered in Hong Kong, Loscam operates across 12 markets including Australia, New Zealand, Southeast Asia, and Greater China
The show will reflect the UAE’s bold vision for aviation, aligning with the sector’s rapid growth trajectory
The dollar, which measures the US currency against six others, slipped to 96.612, its lowest since February 2022
Brent crude futures LCOc1 fell 13 cents, or 0.19 per cent, to $67.64 a barrel by 0344 GMT, ahead of the August contract’s expiry later on Monday
As global and regional dynamics continue to shift, the Gulf Business panel reaffirmed the UAE’s position as a strategic hub for investment innovation and long-term growth planning
The agreement stems from a 2022 deal in which Amazon invested $10m in global depositary receipts (GDRs) of EFG Holding
Binance, which holds 21 regulatory licenses worldwide, will enable Syrian users to access a full suite of crypto services
The dollar index rose 0.3 per cent against its rivals, making gold more expensive for other currency holders
The European Union has been pushing for a jointly agreed framework text for the talks but the two sides remain too far apart
The dollar is hovering near a two-week low hit in the previous session, making greenback-priced gold cheaper for holders of overseas currency
Bunker volumes in April climbed 4.6 per cent from the previous month, while edging 4.8 per cent higher from the same month last year
OPEC+ shocked oil markets in April by agreeing a bigger-than-expected output hike for May despite weak prices and slowing demand
The airline, which is aiming to launch in the fourth quarter, has hired 500 employees
Market leader Xiaomi 1810.HK saws its shipments surge 40 per cent to 13.3 million while industry-wide shipments grew 3.3 per cent
For the Chinese imports, the exclusion of the tech products applies only to Trump’s reciprocal tariffs, which climbed to 125 per cent this week
The hike comes after the White House kept the pressure on the world’s No.2 economy by singling it out for an additional tariff increase
The UAE’s CEPA agreements are aimed at lowering trade barriers with key global partners
The talks will focus on trade in goods, services, investment and deepening cooperation in strategic sectors
The upheaval erased trillions of dollars from stock markets and led to an unsettling surge in US government bond yields
Oil prices dropped to their lowest in more than four years on looming demand concerns fuelled by the tariffs war between the US and China
US and China are stuck in an unprecedented, and expensive, game of chicken, and it seems that both sides are unwilling to back down
The S&P 500 and FTSE plunged over 10 per cent and 6 per cent respectively after Trump’s announcement
The drop marks the biggest decline in more than two years and is the second consecutive month Aramco has lowered its prices
Spot gold was down 0.3 per cent at $3,027.90 an ounce as of 0331 GMT, after dropping over 1 per cent earlier in the session to its lowest
Sugar prices also fell, caught in the melee of tariffs as the US is also one of the world’s top sugar importers