These partnerships mark a milestone in AKI’s expansion and reflect the shared commitment of the UAE and China to foster innovation and trade
US West Texas Intermediate crude futures rose 44 cents, or 0.72 per cent, to $61.94, after rising 8.9 per cent and 7.7 per cent in the previous week
The two top oil consumers have recently renewed their trade war, imposing additional port fees on ships carrying cargo between them
The sanctions were imposed on about 100 individuals, entities and vessels
The IEA on Friday boosted its forecast for supply growth this year, while also trimming its outlook for growth in demand
Leading European and other global brands are pivoting away from China; however, till recently, they were not able to find a direct substitute for Chinese consumer demand
Barry Chan, head of Asia-Australia Region, outlines how the firm aims to drive two-way capital flows within the China-GCC corridor, tapping into the Gulf’s growing appetite for cross-border collaboration
The United States and China had ended trade talks on a positive note on Sunday, with US officials touting a “deal” to reduce the US trade deficit
The world’s two largest economies said they would suspend most of the punitive tariffs that have battered global trade flows
Luxury brands must address a new breed of consumers who value sustainability over logos, authenticity over exclusivity, and ethics over price tags, says the group head of marcomms at Al Masaood
Amid signals suggesting a possible easing of trade tensions between the United States and China, the world’s largest crude oil importer, sentiment in the crude oil market received a boost
The partial rollback of tariffs on some imports from China may be perceived as a positive step
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
Georgieva emphasised the need for rebalancing policies — fiscal, monetary, and structural — that reduce vulnerabilities and mitigate trade frictions
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
Analysts have warned that US prices of iPhones could surge, given Apple’s high reliance on imports from China, the main manufacturing hub of the devices
The upheaval erased trillions of dollars from stock markets and led to an unsettling surge in US government bond yields
US and China are stuck in an unprecedented, and expensive, game of chicken, and it seems that both sides are unwilling to back down
As Asia digested the news, Japan’s Nikkei share index slumped to an eight-month low, with US and European stock futures also diving
Aviation has long recognised the batteries as a safety concern, and rules are periodically tightened in response to accidents
Brent futures fell 24 cents, or 0.3 per cent, to $70.80 a barrel at 0500 GMT
The tariff actions, which could upend nearly $2.2 trillion in two-way annual US trade went live at 12:01am EST (0501 GMT)
Chinese investments in the UAE have increased by 16 per cent, while UAE investments in China soared by 120 per cent.
Rolling out AI tools in China is crucial for Apple as iPhone sales dipped in the holiday quarter
China’s Finance Ministry said it would impose levies of 15 per cent for US coal and LNG and 10 per cent for crude oil
The two nations signed a trade agreement that aims to boost trade volumes by removing barriers and promoting investments
Deliveries in China are set to begin in March, subject to regulatory approval
Special treasury bonds will be used to fund large-scale equipment upgrades and consumer goods trade-ins, state officials have said
Microsoft invested $1.5bn in G42 earlier this year, giving the US company a minority stake and a board seat
Chinese entities have a notable presence on the exchange, with over $22bn in debt listed to date