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Dubai, Germany non-oil trade reaches AED40bn

DUBAI / WAM The total value of non-oil trade between the Emirate of Dubai and Germany reached AED40 billion in 2017, the Director of Dubai Customs, Ahmed Mahboob Musabih said during a meeting with Gunter Rauer, Consul-General of Germany in the emirate. The two discussed means of boosting cooperation between Germany and Dubai especially in bilateral trade and customs business. ...

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China talks tough on trade war, warns US of retaliation

Bloomberg Chinese officials and state media said the country will defend itself in a trade war, warning that President Donald Trump’s tariff plans could backfire on the United States. Vice Premier Liu He told US Treasury Secretary Steven Mnuchin in a phone call that Washington’s investigation into alleged Chinese infringement of US intellectual property violates international rules and will harm ...

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Seoul to deepen bilateral ties with UAE: Moon Jae-in

ABU DHABI / WAM South Korea’s President Moon Jae-in expressed hope for further development of links between his country and the UAE, saying that he was committed “to deepening and strengthening bilateral relations, based on mutual trust.” Moon said he planned to hold discussions that would focus on “concrete and practical measures for cooperation to produce synergies in mutually beneficial ...

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