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$341b in non-oil trade between UAE, G20 nations: Al Zeyoudi

NEW DELHI / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, said that trade and investment relations between the UAE and the G20 countries are strengthening. “In 2022, non-oil trade between the two sides hit $341 billion, which is 55% of the UAE’s total non-oil trade. This represents a 21% increase from 2021, and a ...

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Mohamed bin Zayed meets with European Commission President

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Thursday met with President of the European Commission Ursula von der Leyen, who was on a working visit to the UAE. During the meeting, His Highness and the European Commission President discussed various aspects of cooperation between the UAE and the European Union and explored ...

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Stocks weaken, dollar extends rally on Fed’s policy outlook

BLOOMBERG European stocks headed for their longest run of losses in more than five years after weak German economic data, while the dollar strengthened as investors increased bets for further Federal Reserve policy tightening. The Stoxx 600 gauge retreated for a seventh day as German industrial output declined again in July, further holding back Europe’s biggest economy. The Bloomberg dollar ...

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