Beijing, China -- China will on January 1 launch an "action plan" for boosting management and operations of its digital...
From the 1980s onward, the federal government and individual emirates launched broader diversification and liberalization programs to reduce reliance on...
Morocco on Monday signed deals with an Emirati-Moroccan consortium for energy and water infrastructure projects, which according to one of...The projects aim to "strengthen both water security and energy independence" in Morocco, the signatories said in a joint statement
The total investment amounts to nearly 130 billion dirhams by 2030, Taqa Morocco said in a separate statement
Chinese tech giant Xiaomi will invest 50 billion yuan ($6.9 billion) in developing high-end smartphone chips, the firm's founder said...Xiaomi, which sells goods from smartphones to vacuum cleaners and EVs, is one of China's most prominent consumer electronics firms.
Xiaomi took initial steps into semiconductors for smartphones with the launch of the firm's first in-house chip - the Surge S1 - in 2017.
- Beijing, China - Factory output in China grew at a faster rate than expected last month, official data showed Monday,...
Industrial production in the export powerhouse grew 6.1 percent on-year in April, according to figures published by the National Bureau of Statistics (NBS)
The reading was higher than the 5.7 percent forecast in a Bloomberg survey, but still lower than the 7.7 percent jump recorded for March
Muscat, Oman -- The general inflation rate in the GCC countries rose by 1.7 percent at the end of December...The increase is primarily driven by a 5.9 percent increase in housing prices and a 2.8 percent rise in the prices of goods and services.
The culture and entertainment group recorded a 1.8 percent increase, while both the food and beverages group and the education group rose by 1.2 percent each.
- The S&P 500 has risen the last four sessions, extending the positive momentum after last weekend's trade talks resulted in...
The broad-based S&P 500 added 0.1 percent at 5,923.30, while the tech-rich Nasdaq Composite Index gained 0.2 percent to 19,146.48.
Broadband and cable company Charter Communications gained 2.5 percent after announcing a deal to acquire Cox Communications for $34.5 billion.
- Iranian Foreign Minister Abbas Araghchi said Thursday that Tehran has no objection to US companies operating in the country, including...
"We have no ban on the economic presence of American companies in Iran," Araghchi said, attributing the lack of US business activity to primary sanctions imposed by Washington
His remarks come after President Donald Trump said Washington was "getting close" to a new nuclear deal with Tehran to replace the one he abandoned during his first term in 2018
- After the first meetings between Washington and Beijing since Trump ratcheted up his trade war, the world's two biggest economies...
The world's two biggest economies agreed in a joint statement to bring their triple-digit tariffs down to two figures and continue negotiations
China hailed the "substantial progress" made at the talks, held at the discreet villa residence of Switzerland's ambassador to the United Nations in Geneva
The US and China will Monday give details of "substantial progress" touted by Washington on trade talks aimed at ending...It was the first time senior officials from the world's two largest economies have met face-to-face to talk trade since Trump imposed steep new levies on China totalling 145%
The trade spat between Washington and Beijing has rocked financial markets and raised fears of a global economic slowdown and an inflationary spike in the United States
- Asian stocks rallied Monday after top Chinese and US officials held "substantial" trade talks at the weekend, fuelling hopes the...
Investors have been on a rollercoaster ride since Donald Trump unveiled eye-watering tolls on trading partners on April 2
The US president eventually hiked the measures against China to 145 percent, which were met with retaliatory rates of 125 percent
Washington expressed optimism at the end of a weekend of trade talks with China aimed to de-escalate trade tensions sparked...The meetings marked the first time senior officials from the two countries met since Trump slapped steep levies on China
After the first day of negotiations, Trump had posted on Truth Social that the discussions had been "very good"
