The Vienna talks, which involve Iran as well as Britain, China, France, Germany and Russia directly, and the United States indirectly, resumed in late November.

Air travel recovery was gaining momentum as countries were lifting restrictions, with a sharp 11-percentage-point increase for international tickets sold in recent weeks, according to the International Air Transport Association (IATA). Data released by IATA said that in the period around 8 February (seven-day moving average) the number of tickets...

The Covid lockdown this week of a relatively unknown Chinese city sent global prices of aluminum rocketing to a 14-year high. Why did the outbreak in Baise spark fears around the world about the key metal?

The UAE is the most competitive emerging market in GCC and the third most competitive on a global scale after China and India, according to the annual Agility Emerging Markets Logistics Index. The UAE led all 50 countries in the Index in creating the best business conditions and in the...

Former US president Donald Trump unilaterally withdrew from the Iran nuclear deal in 2018, and reimposed tough economic sanctions on the country, prompting it to begin pulling back from its commitments under the pact and step up its nuclear activities.

Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and China's President Xi Jinping discussed ways to bolster relations between the two countries during a meeting in Beijing on Saturday. The two leaders also took stock of the latest...

The resumption of the waiver, ended by the Donald Trump administration in 2020, ‘would be essential to ensuring Iran's swift compliance’ if a new deal on controlling Tehran's nuclear program can be reached in talks in Vienna, a US State Department official has said.

More than 1,000 torchbearers will carry the flame through competition areas in Beijing and the neighbouring city of Zhangjiakou.

The non-oil trade through Abu Dhabi ports during 11 months in 2021 amounted to AED190.20 billion ($51.78 bn), an increase of 2.9 percent compared to the same period in 2020. A report released by the Statistics Centre-Abu Dhabi (SCAD) said imports accounted for AED83.63 billion of the non-oil trade and...

A funding crisis battering China's big property developers could start to shake the wider economy and global markets, the IMF warned on Friday, saying deeper reforms were needed to fully curb the threat. It warned there were "concerns of negative spillovers to the broader economy and global markets".

The expectations-beating results offered signals that the coronavirus-era tech boom may not be quite over yet.

Even in the face of the ongoing COVID-19 pandemic, policy changes, technology disruption and other challenges, positive structural forces remain apparent and are likely to foster fresh investment opportunities across emerging markets. Digitalization and decarbonization will also play key role in pushing up the markets, he adds.

iPhone accounted for 23% of the market in Oct-Dec.

A state firm official was appointed to the Chinese firm’s board.

Growth in the fourth quarter was the slowest in more than a year, at 4 percent, down from 4.9 percent from July to September.

More than fifty years after establishing diplomatic ties, China and Iran accelerate implementation of the Iran-China 25-year cooperation program, which can pave the ground for expanding all-out ties. The Chinese and Iranian foreign ministers met on the sidelines of the Shanghai Cooperation Organization summit in Dushanbe, Tajikistan.

The value of Bahraini imports increased by 18 percent in the fourth quarter of 2021, reaching BD1.406 billion, the Information & eGovernment Authority (iGA) said in its foreign trade report. The report, which encompasses the data on the balance of trade, imports, exports (national origin), and re-exports, said the value...

GCC Secretary-General Naif Falah Al-Hajraf and Chinese State Advisor and Minister of Foreign Affairs, Wang Yi, also agreed on a free trade agreement.

As prices have surged, inflation has soared as a worry for global executives, overtaking concerns about Covid-19 disruptions in some regions, according to a survey released Thursday. In a "seismic shift," inflation now ranks second on the list of top external concerns after labor shortages, up from 22nd last year,...

The officials from Saudi Arabia, Kuwait, Oman and Bahrain, as well as secretary general of the Gulf Cooperation Council (GCC) Nayef bin Falah al-Hajrah, will be in China until Friday.

The statement was issued after the latest review of the Treaty on the Non-Proliferation of Nuclear Weapons (NPT) — which first came into force in 1970 — was postponed from its scheduled date of January 4 to later in the year due to the Covid-19 pandemic.

Around 200,000 were recalled in China, after 500,000 in the US.

AD Ports Group has signed an agreement with China-based Shandong Port Group, to establish a Tyre Hub at KIZAD for the storage and distribution of tires. AD Ports Group will provide space for an upcoming 150,000 sqm facility in KIZAD under its Industrial Cities and Free Zone Cluster. This will...

The Saudi Authority for Intellectual Property (SAIP) has designated the National Intellectual Property Administration of China (CNIPA) as International Searching Authority and International Preliminary Examining Authority under the Patent Cooperation Treaty (PCT), allowing international patent applicants in the kingdom to select CNIPA to issue international search reports for their applications....

The airline will work with the Henan Province Airport Group.

London-based think-tank Cebr predicts the economic future of countries across the world and the outlook remains rosy for the Gulf region.

The Chinese real-estate firm has $300 billion in liabilities.

On February 9, the UAE announced that its exploratory probe, ‘Hope’ had successfully entered Mars' orbit, marking it the first Arab expedition to the Red Planet.

Officials have said the deal would become obsolete within weeks if Iran continued to step up its nuclear activities as it has been doing since 2019, a year after the United States left the landmark agreement and reimposed sanctions.

China has launched a sweeping state crackdown on tax evasion and perceived immoral behavior in the entertainment industry. The move has already targeted some of the country's biggest stars, with actors like Fan Bingbing seeing her career on halt since 2018.

President Recep Tayyip Erdogan on Wednesday announced the emergency use approval of Turkey's first domestically-developed coronavirus vaccine. In June, Turkovac entered Phase III trials involving 40,800 participants in Turkey. No official data about its efficacy have been released. But the health ministry's coronavirus advisory board member Ates Kara told Turkish...

School constructions across Iraq will take two years and three phases.

The United States on Thursday unleashed a volley of actions to censure China's treatment of the Uyghur minority, with lawmakers voting to curb trade and new sanctions slapped on the world's top consumer drone maker. The United States has ramped up pressure on China, with President Joe Biden's administration a...

The Turkish lira on Thursday hit fresh lows after the central bank fired the latest salvo in President Recep Tayyip Erdogan's "economic war of independence" by cutting interest rates for the fourth successive month. The reduction of the main rate to 14 from 15 percent comes in the face of...

Beyond property woes and virus fears, all eyes this week are on the Fed, which must carefully calibrate its response between raising rates and pulling the rug from under a tenuous recovery or sticking to the status quo and letting inflation rise even further. Analysts expect the central bank to...

China abstained, while India voted against, arguing that global warming was chiefly an issue related to economic development, rather than international security.

The US Treasury announced the ban on Friday, saying SenseTime's facial recognition programmes were designed in part to be used against Uyghurs.

China is willing to assist Kuwait to develop its ports given the significance of such facilities in the ##international maritime trade. This was stated by Shanghai International Port Group chief Gu Jinshan during talks with Kuwait's Consul General in Shangai Mishal Al-Shamali. The talks focused on plans to bolster bilateral...

It also formed a risk committee before upcoming payment deadlines.

The landmark 2015 nuclear accord was initially agreed between Iran and Britain, China, France, Germany, Russia and the United States. But it began unravelling in 2018 when then US president Donald Trump pulled out and reimposed sanctions, prompting Iran to start exceeding limits on its nuclear program the following year.

Washington hailed Thursday's deal in a statement, saying it would "improve the transparency and fairness of processes for obtaining authorisations to provide services by professionals and firms in a wide array of fields." US Trade Representative Katherine Tai said “this initiative is the first successful WTO services negotiation in years,...

Manufacturing activity in China edged up in November due to an easing in power shortages and a drop in some raw material costs. The latest data from the National Bureau of Statistics was also better than a 49.7 reading expected by a Bloomberg poll of analysts.

The Public Investment Fund, which seeks to lessen the Kingdom's reliance on oil as part of Vision 2030, eyes both local and international markets

Last year, China recorded 8.52 births per 1,000 people according to the 2021 Statistical Yearbook released in the past week - the lowest figure since 1978.

Rich countries stand accused of failing at the COP26 summit in Glasgow to deliver much-needed finance to vulnerable states at risk of drought, rising seas, fire and storms. The deal, the European Commission says, has "kept the Paris targets alive". However, UN Secretary General Antonio Guterres stresses it was "not...

Boeing has endured a series of crises as Airbus recovers.

The virtual talks will take place "in the evening" on Monday in Washington -- meaning early Tuesday in Beijing.

Relations between the world's two largest economies have deteriorated in recent weeks, in particular over Taiwan.

Xi's call came hours after China and the United States announced a surprise pact to accelerate climate action at a summit in Glasgow.

The economy of China is weighed down by electricity shortages and a vast real-estate crisis.