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 …

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 …

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 …