China

Dubai Chambers supports expansion of Chinese investors into Dubai with new agreement

Agreement enhances the ability of companies operating in Dubai to enter the Chinese market and build promising business partnerships in Tianjin

Nasdaq Dubai lists $400 million bonds from Agricultural Bank of China

The $400 million note, issued under the $15 billion medium term note program, is due in 2027

Travel industry set to add record $11 trillion to global GDP in 2024

The industry's contribution to global GDP is expected to rise by 12.1 percent year-over-year

Saudi Arabia-GCC non-oil trade balance exceeds $1.8 billion in Q2 2024

The UAE led with exports valued at SAR15.070 billion, approximately 61.8 percent of total Saudi non-oil commodity trade among GCC countries

UAE-China Think Tank Forum in Beijing explores cooperation in trade, education and culture

Forum provides a platform for collaboration and dialogue between think tanks in both countries to explore opportunities for joint academic projects

Oil prices drop as OPEC+ production rises, demand weakens

Brent crude futures dropped by 61 cents, or 0.8 percent, settling at $76.32 a barrel

Qatar achieves $5.51 billion in trade surplus in July 2024, total exports reach $8.28 billion

Import levels rose by 6.8 percent year-on-year, reaching $2.77 billion

$2.3 trillion crypto market reaches new heights, 95 percent more millionaires: Report

The count of Bitcoin millionaires has surged by 111 percent to reach 85,400

UAE gold prices edge down, global rates dip as market awaits U.S. inflation data

Markets now await the release of the U.S. PCE data, the Federal Reserve's preferred measure of inflation, on Friday

Abu Dhabi’s Mubadala partners with CBC Group to fully acquire UCB Pharma’s China mature business

Acquisition includes UCB’s neurology portfolio and allergy portfolio in Mainland China, in addition to UCB’s Zhuhai manufacturing site

China finds new method to extract water from lunar soil

The new method can extract 51-76 kg of water from one ton of lunar soil

Visa-free travel to Sri Lanka: UAE, Saudi Arabia, and 33 other countries granted access

Saudi Arabia ranked third as a potential market for Sri Lankan tourism in June 2024