CAIRO / WAM The United Arab Emirates has called upon Turkey and all other foreign forces to withdraw from Syria and to seek a political solution. The UAE also stated that the minimum action incumbent upon Arab countries is the adoption of a firm response to aggression against any Arab country, which is seen as aggression against the national security …
Read More »News
UAE-Russia non-oil trade hits AED51.79b in 5 years
ABU DHABI / WAM Abdullah Al Saleh, Under-Secretary of the Ministry of Economy for Foreign Trade Affairs, said that the value of non-oil trade between the UAE and Russia over the past five years amounted to $14.1 billion (AED 51.79 billion), while last year’s non-oil trade totalled $3.4 billion, compared to $2.5 billion in 2017, a growth of 36 percent. …
Read More »UAE one of Russia’s very close and promising partners: Putin
ABU DHABI / WAM Russian President Vladimir Putin sees the UAE as one of Russia’s very “close and promising partners,” saying that the partnership is “vigorously developing in all areas.†Putin will pay a historic state visit to the UAE on Tuesday. His last visit was in 2007. “It is safe to say that the United Arab Emirates greatly contribute …
Read More »Trump says China deal may spur $20bn in Boeing sales
Bloomberg President Donald Trump said the partial US-China trade deal may lead to as much as $20 billion in sales of Boeing Co. airplanes, in addition to spurring billions of dollars in purchases of agricultural goods. “Other aspects of the deal are also great — technology, financial services, 16-20 Billion in Boeing Planes etc,†Trump tweeted without any specifics about …
Read More »Trump says China to boost farm spending up to $50b
Bloomberg China will at least double its spending on US agriculture as part of a partial trade accord between the two countries that’s likely to be well received by crop traders when markets reopen. Under terms of the arrangement, spending will scale to an annual figure of $40 billion to $50 billion over two years, Treasury Secretary Steven Mnuchin said. …
Read More »Saudi affirms commitment to maritime navigation security
RIYADH / WAM An official spokesman for the Saudi General Directorate of Border Guards said that at 11:47 pm on Friday, an e-mail was received from Jeddah Radio containing a letter from the captain of Iranian vessel (Sabiti), reporting that the front of the vessel has been broken, resulting in an oil spill in the sea from the cargo and tanks …
Read More »Abu Dhabi Airports, Beijing’s Daxing Airport to exchange best practices
BEIJING / WAM A newly-signed agreement between Abu Dhabi Airports and Beijing Daxing International Airport (BDIA), will see the two sides share best practices and collaborate to enhance their airport operations. The Memorandum of Understanding (MoU), was inked at the BDIA Management Centre in Beijing, China, in the presence of Sheikh Mohammad bin Hamad bin Tahnoon Al Nahyan, Chairman of …
Read More »China’s Xi, Modi agree on new trade mechanism
Bloomberg Chinese President Xi Jinping and Indian Prime Minister Narendra Modi agreed to set up a new mechanism to discuss trade during two days of informal talks in southern India that were aimed at re-calibrating strained ties between the nations. India raised its concerns about the China-led Regional Comprehensive Economic Partnership (RCEP), Indian foreign secretary Vijay Gokhale told reporters on …
Read More »Adnoc pursues smart growth to meet global energy needs
Abu Dhabi / WAM The Abu Dhabi National Oil Company (Adnoc), is creating new opportunities for partnerships and investments as it pursues a balanced smart growth strategy and drives responsible production to reliably meet the world’s growing energy demand, according to Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State and Adnoc Group CEO. Speaking in London at the …
Read More »ERC initiative to support 10k orphans in 25 nations
Sharjah / WAM The Emirates Red Crescent (ERC), launched a new humanitarian initiative titled, ‘Orphans Kafalah Programme’, to support 10,000 orphans in 25 countries, under the slogan, ‘Be Their Families’. The programme was launched on social media and SMS in cooperation with Etisalat, and is being promoted in malls for three days around the country, including in Yas Mall, Abu …
Read More »
The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.