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Agreement to promote collaboration between companies in Dubai and China to boost bilateral trade and investment in both markets

Brent crude futures dropped 0.7 percent, or 53 cents, to $77.13 per barrel

This deal will foster knowledge sharing and expertise exchange, strengthening support for businesses and investors

Multiple Chinese banks have been given new gold import quotas from the central bank, signaling renewed buying demand

Brent crude futures declined by 13 cents, or 0.2 percent, to $79.55 per barrel

This partnership will foster joint initiatives like roadshows, seminars, research collaborations, and training programs

Globally, spot gold was up 0.3 percent at $2,454.40 per ounce

Brent crude futures, expiring in October, fell 0.1 percent to $80.94 a barrel

Agreement signing coincides with the 40th anniversary of the establishment of diplomatic relations between the UAE and China

Brent crude futures rose 0.21 percent to $79.93 a barrel

During the first half of 2024, Abu Dhabi recorded 12,439 real estate transaction activities with a value of AED36.2 billion

The trade and repairing services sector ranked first, accounting for 41.5 percent of all new companies joining the chamber