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Dubai SME provides $234m contracts to GPP members

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Dubai / WAM The total value of contracts provided by Dubai SME – the agency of the Department of Economic Development in Dubai mandated to develop the small and medium enterprises, SME, sector — for Government Procurement Programme (GPP), members amounted to AED860 million ($234 million) in 2018. The value was AED1.5 billion in 2017, 44.5% higher than the AED857.76 million ...

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Trump urges Japan to drop agriculture tariffs in Abe meet

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Bloomberg President Donald Trump urged Japan to drop its tariffs on American agricultural products as he met PM Shinzo Abe, who for now appears to have deflected the most damaging of US demands on trade. Trump pushed for the end of the Japanese agricultural levy, while not directly mentioning past threats of sanctions on automobiles. For his part, Abe raised ...

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Sony chief gives cautious outlook

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Bloomberg Sony Corp said its operating profit will likely fall this year and pulled its financial forecasts for most divisions because of substantial uncertainty in their operations. Operating profit will be 810 billion yen ($7.3 billion) in the year ending in March 2020, down from last year’s 894 billion yen and below the 843 billion yen average of analyst estimates ...

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