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Abu Dhabi, China’s Shenzhen sign Twin City Aagreement

ABU DHABI / AD MEDIA OFFICE Abu Dhabi and Shenzhen have signed a landmark partnership with the signing of a Twin City agreement. Backed by a memorandum of understanding (MoU) signed by His Excellency Mohamed Ali Al Shorafa, Chairman of the Department of Municipalities and Transport (DMT) and Qin Weizhong, Mayor of Shenzhen, the agreement was announced during the inaugural ...

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Hong Kong exports volume up 7.4% in December 2023

HONG KONG / WAM The volume of Hong Kong’s total goods exports rose by 7.4 percent year-on-year in December, according to official data. According to the city’s Census and Statistics Department, there was a 6.7 percent growth in the volume of goods imports for the month, in comparison to the corresponding period in 2022. Prices of goods exports and imports ...

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India on track to become world’s third-largest economy by 2030

DUBAI / WAM The Indian economy has been on a growth path for years, now ranking as the fifth-largest economy in the world, behind only the United States, China, Germany, and Japan. In recent years, it has surpassed the economies of France and the United Kingdom. According to estimates and forecasts from international institutions, including the International Monetary Fund (IMF), ...

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