Abu Dhabi / WAM A total of 17.815 million cheques worth AED886.7 billion have been handled by the Cheque Clearing System during the first seven months of 2017, UAE Central Bank announced on Wednesday. The number of cheques cleared during July reached 2.66 million worth AED131.7 billion, a growth of 4.7% over June during which cheques worth AED111.3bn were cleared. …

Bloomberg President Donald Trump, speaking on Tuesday night in Arizona near the Mexican border, said it looks inevitable the US will pull out of the North American Free Trade Agreement (Nafta). It’s a now familiar threat — but no less concerning given the US just this week wrapped up the first round of negotiations with Mexico and Canada to revise …

HONG KONG / WAM As part of its mandate to facilitate trade from Dubai and create an enabling environment for Dubai’s exporters, Dubai Exports, the export promotion agency of Dubai Economy, has expanded its network with the opening of a new overseas trade office (OTO) in Hong Kong. The Hong Kong office, the 7th in its growing international network for …