News

SCCI, China to boost ties

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) and an economic delegation from the People’s Republic of China, have discussed ways to develop and strengthen economic relations between the two countries in general and Sharjah Chamber in particular. The two sided also discussed the possibility of laying the foundations for the establishment of cooperative relations between the ...

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EPG’s corporate services

DUBAI / WAM Emirates Post Group (EPG) has said that its ‘Tejari Box’ service offers many value-additions to owners of multiple trade licenses, allowing them to rent a single P.O. Box for all trade licenses issued in the same emirate, provided they are under the same owner’s name. Chief Commercial Officer of EPG, Ibrahim Bin Karam, said that the Tejari ...

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China sends markets sliding

London / AFP World stock markets sank deep into the red on Tuesday, as China released data showing another hefty slump in exports, sparking renewed worries over the nation’s powerhouse economy. China’s exports dived more than a quarter on-year in February, new data showed on Tuesday, while imports were almost 14 percent off—far worse than forecast. “That shocking slide in ...

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Mohammed, Biden discuss regional politics, security

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, received US Vice President Joe Biden and the accompanying delegation at Zabeel Palace on Tuesday morning. Sheikh Mohammed and Biden held long talks on friendship and existing cooperation between the UAE and the United States of America. They ...

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APICORP lists US$500mn Sukuk on Nasdaq Dubai

ABU DHABI / WAM Dr. Aabed Al Saadoun, Chairman of the Arab Petroleum Investments Corporation (APICORP) on Tuesday rang the market-opening bell to celebrate the listing of a US$500 million Sukuk on Nasdaq Dubai. The total nominal value of Sukuk currently listed in Dubai has now reached US$37.81 billion, reinforcing its position as the largest centre in the world for ...

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Almas Bazar Expo on March 11

DUBAI / WAM The 10th edition of the Almas Bazar Exhibition is all set to be launched in Dubai under the slogan “Arab Women’s Ultimate Destination.” The event will bring participants from all over the Arabian Gulf region and Middle East, and will also be attended by VIP ladies, wives of ambassadors, artists, trade marks’ owners, and fashion and beauty ...

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EPG offers value-added services to big corporates

Dubai / WAM Emirates Post Group (EPG) has said that its ‘Tejari Box’ service offers many value-additions to owners of multiple trade licenses, allowing them to rent a single P.O. Box for all trade licenses issued in the same emirate, provided they are under the same owner’s name. Chief Commercial Officer of EPG, Ibrahim Bin Karam, said that the Tejari ...

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SCCI, China to strengthen economic ties

Sharjah / WAM The Sharjah Chamber of Commerce and Industry (SCCI) and an economic delegation from the People’s Republic of China, have discussed ways to develop and strengthen economic relations between the two countries in general and Sharjah Chamber in particular. The two sided also discussed the possibility of laying the foundations for the establishment of cooperative relations between the ...

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DEWA’s ‘video’ to support hearing-impaired customers

Dubai / WAM Dubai Electricity and Water Authority (DEWA) has released its first set of tutorial videos that use sign language to showcase DEWA’s three major services to support hearing-impaired customers. The move supports the Smart Dubai initiative, launched by Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, and DEWA’s commitment ...

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Canada’s face-off with a catch 22 situation

Bloomberg The Bank of Canada may be forced to throw cold water on a rally in the Canadian dollar that’s threatening to derail the country’s economic growth. The central bank’s interest-rate decision this week will need to factor in a currency that’s gained the most among developed nations since policy makers helped get the rally going at their Jan. 20 ...

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