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Ukraine needs more than a $30b arsenal to strike back

BLOOMBERG Armed with well over $30 billion in weapons freshly supplied by its allies, Ukraine is gearing up for a counteroffensive that may push Russia closer to ending its war, or show neither side has enough firepower to seize the advantage. Kyiv’s troops will leverage that hardware — shipments delivered since December that cost more than any North Atlantic Treaty ...

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Abu Dhabi, AIM partner with China to attract capital-rich firms

ABU DHABI / WAM The United Arab Emirates’ capital, Abu Dhabi, is set to further solidify its prominence as a leading hub of dynamic institutions and industry-leading initiatives with the Annual Investment Meeting (AIM) entering into a partnership with Beijing-based investment banking firm and fund manager China Bridge Capital and Silicon-based NextG Tech Ltd. The agreement was signed during this ...

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UAE-France trade up 17% to hit AED29.5bn in 2022

ABU DHABI / WAM The trade exchange between the UAE and France grew by 16.8 percent in 2022, reaching AED29.44 billion ($8 billion), compared to AED25.2 billion ($6.8 billion) in 2021, according to data from the Federal Competitiveness and Statistics Centre. In 2022, the bilateral trade between the two countries consisted of imports valued at AED 25.2 billion, while exports ...

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