China’s foreign trade shrank by 8 percent in 2015, far off the target of 6 percent growth set at the beginning of the year, China’s commerce minister revealed on Tuesday. Gao Hucheng made the announcement in a press conference on China’s trade development last year. According to Gao’s figures, most of the decline came from rapidly slowing imports. China’s exports ...

Is the civil aircraft market becoming over-inflated? Airbus’s annual report card captures a company in rude health: full-year net profit jumped 15 percent, cash flow was strong and its backlog of orders for commercial aircraft stands at a record high. Even the long-suffering Airbus A380 is at break-even. But investors holding Airbus on the seeming strength of its order book ...

DUBAI / EMIRATES BUSINESS Her Excellency Sheikha Lubna Bint Khalid Al Qasimi, Minister of State for Tolerance, President of Zayed University, received Christine Lagarde, Managing Director of the International Monetary Fund (IMF), and her distinguished accompanying delegation at Zayed University in Dubai campus on Wednesday. The event saw the presence of Professor Reyadh AlMehaideb, Vice President of Zayed University, Dr Marilyn ...