DUBAI / Emirates Business The UAE is Hong Kong’s 18th largest trading partner as the total trade value between the UAE and Hong Kong amounted to over $4.7 billion in the first half of 2018. Hong Kong’s total export to the UAE amounted to $2.7 billion and total import value from the UAE reached $2 billion, reveal officials in Dubai. ...

DUBAI / WAM Nakheel, a property developer based in Dubai, on Wednesday announced a net profit of AED2.51 billion for the first six months of 2018. ‘‘Nakheel handed over 451 units to customers in the first six months of the year. The company’s non-development businesses — retail, leasing, hospitality and asset management – all performed strongly. Annual revenues from these ...

Abu Dhabi / WAM In line with its strategy to enhance the UAE’s investment structure and support its sustainable economic gro-wth, Abu Dhabi Securities Exchange (ADX) has awa-rded SICO with the first non-UAE license to serve as market maker, making it the fifth registered market ma-ker on the exchange. The announcement came at a bell- ringing ceremony on ADX’s trading ...