BEIJING / WAM As New Year approaches, experts noted that the Chinese economy remains on the trajectory of accelerating recovery, with new growth drivers continuously emerging which keeps fuelling the momentum well into 2024. Data from major travel platforms has indicated a comprehensive recovery for both domestic and cross-border tourism, Global Times reported. As of December 15, overall travel bookings …

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, issued Law No (26) of 2023 pertaining to The Executive Council (TEC) of Dubai. The law highlights the TEC’s objectives, which include implementing the leadership’s vision to foster a thriving society, addressing the needs of citizens, ensuring a …

ABU DHABI/ WAM The Abu Dhabi Securities Exchange (ADX) today saw two large direct deals executed on the stocks of Eshraq Investments and National Bank of Fujairah (NBF). The two large direct deals were executed on 102.3 million shares worth AED104.3 million. According to ADX data, the first trade was executed on NBF on 15.2 million shares worth AED68.7 million …