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UAE Park in China to open in December

Dubai / WAM The UAE Park in China will officially open in December this year in Nanning, the capital of the Guangxi Zhuang Autonomous Region in southern China. Dubai Municipality, which is representing the UAE in Expo 2018 China, has participated in the design of the project covering an area of 1,700 square metres. Marwan Al Mohammed, Director of General ...

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US stocks pare drop, Treasuries rise, dollar surges on trade bets

Bloomberg US stocks pared declines, while Treasuries rose as investors assessed the possible fallout from President Donald Trump’s push to implement punitive trade tariffs on some products. The dollar turned higher versus major peers. The S&P 500 Index remained on track for the first drop in four days, though overnight declines sparked by the resignation free-trade proponent Gary Cohn and ...

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Gulf stocks down with global markets; Saudi, Egypt defy trend

Reuters Gulf stocks mostly fell on Wednesday, with only Saudi Arabia resisting a broad decline in global markets after the resignation of a key White House economic adviser sparked fears of a trade war. The departure of Gary Cohn, who had opposed US President Donald Trump’s plan for tariffs and was seen as a bulwark against protectionist forces within the ...

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