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Agreement supports CCPIT Beijing’s member companies in establishing and expanding their investments in Dubai
The number of active Chinese companies within the Dubai Chamber of Commerce reached around 5,400 at the end of H1 2024
Brent oil futures fell 0.1 percent to $75.95 a barrel
China's trade with the Middle East has more than tripled over the last 20 years, a key factor in the potential for broader use of the renminbi by Gulf states
Brent crude futures declined by 0.1 percent, settling at $77.11 per barrel
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
