Recent Posts

Imax leads China film stocks higher on record ticket sales

Bloomberg Imax China Holding Inc. led a rally in Chinese entertainment stocks after data showed local box-office revenue hit a record high for the Lunar New Year. Ticket sales for the first five days of the Lunar New Year holidays starting Feb. 11 touched 5.7 billion yuan ($880 million), about 33% more than the same period in 2019, which was ...

Read More »

Edge signs tri-party defence pact valued at AED3.67b

ABU DHABI / WAM Edge, the UAE’s advanced technology group for defence and beyond, on Monday announced it signed a tri-party strategic cooperation agreement with Ukrainian state-owned defence conglomerate UkrOboronProm, and Ukrspecexport, a Ukrainian state-owned arms trading company. The agreement will enable the three entities to exchange and develop advanced technologies that could lead to over $1 billion worth of ...

Read More »

UAE, Africa non-oil trade totals AED149b in 9 months of 2020

ABU DHABI / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, said that the value of non-oil trade between the UAE and Africa totalled $40.7 billion in the first nine months of 2020, compared to $36.9 billion in the same period of 2019, underscoring the growing trade between the UAE and African countries despite the ...

Read More »
Send this to a friend