#China

Oil falls for a third day with second-wave virus risks in focus

Futures in New York fell below $35 a barrel after losing 8.3 per cent last week

Abu dhabi uae capital flag

UAE’s non-oil trade totals Dhs1.603 trillion in 2019

The UAE’s non-oil trade in 2019 grew 4.4 per cent from Dhs1.536 trillion in 2018

Google says China, Iran targeted American presidential campaigns

Google has alerted the respective campaigns and law enforcement agencies

Saudis make biggest oil price hike in 20 years after OPEC+ cuts

Brent crude, down 36 per cent this year, has clawed back some of its losses and ended trading on Friday at more than $40 a barrel

Chinese tech giants may soon be expelled from the US stock market

A proposed new law will require companies listed on American stock exchanges to demonstrate that they are not owned or controlled by a foreign government

Oil anchored near $33 a barrel amid rising US-China tensions

Oil has surged about 75 per cent this month as pockets of demand return

Why Covid-19 is leading to a digital transformation in healthcare

The pandemic will prompt authorities to re-examine the robustness of their healthcare systems, says Damien NG, PhD, Next Generation Research at Julius Baer

Abu Dhabi’s main refinery makes China sales push after servicing

Prior to the pandemic, the plant had been mostly targeting Europe for sales of low-sulfur diesel and jet fuel

Saudi signs $265m deal with China to fight virus

The deal will provide the Saudis nine million kits with a capacity to test 50,000 people per day

Saudi mulls granting visa-free access to visitors from certain nations

Last week, Saudi Arabia’s cabinet approved electronic visas for foreign visitors to attend sporting events and concerts

Qatar’s Wealth Fund Expands In China, Eyes New Investments

The fund is best known for European investments including the acquisition of London department store Harrods.

Top 10 Largest Aluminium Smelters In The World

Two from the UAE and one from Bahrain feature on the list of the world’s largest smelters by capacity.

UAE-China Trade Up 10% In 2011

Trade ties between the countries have risen over 395 per cent from 2002 to reach $15.6 billion last year.

China’s ICBC Posts Strong H1 Growth In ME

ICBC ME posted a pre-tax profit of $36 million in the first half of the year, up 157 per cent from H1 2011.

Qatar Buys 22% Stake In China’s CITIC Capital

CITIC, partly owned by China’s sovereign wealth fund, did not give financial details of the investment.

How The Eastern Slowdown Could Sting The GCC

With a combined GDP of over $9 trillion, China and India were poised to offset slower growth in the West, but recent developments have proved otherwise.

Saudi Grants Licence To Chinese Bank ICBC

The Kingdom’s cabinet has given a licence to the Industrial and Commercial Bank of China (ICBC) to open one branch in Saudi.