DUBAI / WAM The Public Debt Management Office (PDMO) of the Government of Dubai’s Department of Finance announced a reduction of approximately AED29 billion in Dubai’s public debt by the end of this year. The achievement has been realised within a year and a half since the establishment of the office in 2022, marking a milestone in implementing its Public ...

DUBAI / WAM Dr Abdulrahman Al Awar, Minister of Human Resources and Emiratisation, welcomed Li Zhong, Vice Minister of Human Resources and Social Security of the People’s Republic of China, and his accompanying delegation at the ministry’s headquarters in Dubai. The meeting explored opportunities for the two countries to cooperate and exchange experiences in areas related to labour, human resources ...

BLOOMBERG Hong Kong’s exports in August posted their longest streak of monthly declines on record, as weak demand and China’s slow recovery continue to pose challenges for the financial hub’s economic growth.  Overseas shipments fell 3.7% from a year earlier to HK$358.3 billion ($45.8 billion), the Census and Statistics Department said. That was better than the median estimate of a ...