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VP unveils blueprint for $1.5bn Dubai Food Park

Dubai / WAM Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, unveiled the blueprint for Dubai Food Park (DFP), the latest addition to Dubai Wholesale City (DWSC). To be developed at a cost of $1.5 billion, it will be the first destination in the Middle East dedicated to serving ...

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AED886.7bn cheques cleared in 7 months

Abu Dhabi / WAM A total of 17.815 million cheques worth AED886.7 billion have been handled by the Cheque Clearing System during the first seven months of 2017, UAE Central Bank announced on Wednesday. The number of cheques cleared during July reached 2.66 million worth AED131.7 billion, a growth of 4.7% over June during which cheques worth AED111.3bn were cleared. ...

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US Nafta pull out looks inevitable, says Trump

Bloomberg President Donald Trump, speaking on Tuesday night in Arizona near the Mexican border, said it looks inevitable the US will pull out of the North American Free Trade Agreement (Nafta). It’s a now familiar threat — but no less concerning given the US just this week wrapped up the first round of negotiations with Mexico and Canada to revise ...

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