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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
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
The report expects robust demand in Western economies, especially the US, which consumes one-third of global gasoline
The coffee retailer has appointed Niccol as its new chairman and CEO effective September 9
Brent crude oil futures for the October delivery rose 0.5 percent to $81.09 per barrel
Global benchmark Brent crude futures dipped 78 cents, or 0.95 percent, to $81.52 a barrel
OPEC also cut next year's demand growth estimate to 1.78 million bpd from the previous 1.85 million bpd
Before last week, oil prices recorded four consecutive weeks of losses amid fears of slowing economic growth
Brent oil futures slipped 0.1 percent to $79.11 a barrel
U.S. dollar declined by 0.15 percent to 103.05, making greenback-priced bullion more affordable for other currency holders
