Dubai / WAM P&O Marinas has signed a strategic collaboration agreement with Pindar Yacht Management for the development of a water sports academy, a recreational club, an exhibition space and associated marine leisure services and facilities. Under the agreement, Pindar Yacht will bring its experience as an international sailing business and brand to support the transformation of the P&O Marinas ...

Bloomberg China’s trade surplus surged to a record in May as exports fell less than expected, helped by an increase in medical-related sales, and imports slumped along with commodity prices. Exports decreased 3.3% in dollar terms from a year earlier, beating economists’ estimates, while imports plunged 16.7%. That resulted in a trade surplus of $62.93 billion. The record surplus comes ...

DUBAI / WAM Emirates NBD and digital payments facilitator Visa on Sunday announced the renewal of their partnership with a five-year agreement. As part of the agreement, Visa has secured exclusivity over Emirates NBD’s debit card offering to personal, priority, private and business banking customers, and the debit card programme for Liv. Emirates NBD’s lifestyle digital-only bank. In addition, the ...