Iran says world powers must be ‘realistic’ in nuclear talks
Tehran has said the world powers should not exceed the bounds of the 2015 deal they are seeking to revive. The deal was between Iran and five world powers other than Russia: Britain, China, France, Germany and the US.PIF of Saudi Arabia looks to invest in China
Public Investment Fund of Saudi Arabia is looking to diversify investments into Chinese companies after having confined its overseas holdings to the US and Europe.19 countries vow to end overseas fossil fuel finance
Major coal, oil and gas funders China, Japan and South Korea were absent from the pledge. The IEA says that to keep 1.5C in play there must be no new fossil fuel projects.Global CO2 emissions in 2021 near record levels, says report
CO2 pollution this year will be just shy of the record set in 2019, according to the Global Carbon Project consortium.DP World reports container volume growth of nearly 12 percent in Q3
The gross volume growth was mainly driven by Asia Pacific, India, Australia, and the MENA region.Evergrande shares rise
The Chinese firm has restarted work on 10 projects.China aims to cut fossil energy use to below 20% by 2060
China is targeting an ambitious clean energy goal of reducing fossil fuel use to under 20 percent by 2060, according to an official plan published by state media on Sunday.Renewable energy jobs reach 12 million globally
A report by the International Renewable Energy Agency confirms Covid-19 caused delays and supply chain disruptions, with impacts on jobs varying by country and end use.Jack Ma’s Europe trip sends Alibaba shares soaring
Jack Ma’s Ma's presence in Spain was reported by the South China Morning Post, which is owned by Alibaba. The paper said the 57-year-old, who retired from the role of Alibaba's chairman in 2019, was attending a series of business meetings in Europe.Iran to resume nuclear talks on Thursday: MP
Iran and Britain, China, France and Russia besides the EU opened talks in Vienna in April.Microsoft shuttering LinkedIn in China as rules tighten
The US-based company will replace LinkedIn in China with an application dedicated to applying for jobs but without the networking features.Apple cuts iPhone 13 output forecast on chip shortage: report
Apple is unlikely to meet production goals for its new iPhone before the holidays because of a global electronic chip shortage, a report said Tuesday. The firm had planned to produce 90 million iPhone 13s before the end of the year, but will have to settle with 80 million as...China pledges $233 million to global biodiversity fund
Beijing -- the world's biggest polluter -- has sought to play a more prominent role internationally on biodiversity conservation in recent years.Still no decision on Georgieva keeping her job: IMF
An investigation by a law firm has concluded that Georgieva manipulated data in favor of China while in a senior role at the World Bank.Chief trade negotiators from US, China hold ‘candid exchange’
This was the second consultation between the two countries' chief trade negotiators after relations were seriously damaged under former US president Donald Trump.IMF to decide ‘very soon’ on whether Georgieva keeps her job
The IMF Executive Board is reviewing last month's investigation by the law firm WilmerHale that found that during her time as World Bank CEO, Georgieva was among top officials who pressured staff into changing data to China's benefit in the 2018 edition of its closely watched Doing Business report.IMF board meets with Georgieva amid data manipulation probe
The investigation by law firm WilmerHale released last month found that during Georgieva’s time as World Bank CEO, she pressured staff into changing data to China's benefitElon Musk wants US regulators to let cryptocurrency ‘fly’
Los Angeles: Tesla chief executive Elon Musk thinks US regulators should take cryptocurrency out of their crosshairs, leaving it free to 'fly', he told a conference in California on Tuesday. The colorful serial entrepreneur, an outspoken digital money fan, shared his view at a Code Conference in Beverly Hills, as...Kuwait, China keen on institutional framework
The Consul General of Kuwait in Shanghai, Mishal Al-Shamali, during a meeting with Shanghai Deputy Mayor Zhong Ming, said that the development of ties between both sides in all fields was explored.IMF chief: ‘Did not pressure anyone’ while at World Bank
An independent investigation found that during her time as World Bank CEO, Georgieva was among top officials who pressured staff into changing data to China's benefitChina central bank says all crypto transactions are illegal
The bank has effectively sounded the death knell for digital currencies in China.WSJ reports China preparing for Evergrande’s downfall
The Wall Street Journal, the top American newspaper, has reported that Chinese authorities are asking local governments to prepare for the potential downfall of debt-ridden China Evergrande Group.UAE, China discuss strategic ties, common concerns
The two countries also reviewed bilateral partnership and cooperation in confronting the Covid-19 pandemic.OECD lowers global, US economic growth forecasts
The forecast for China remained unchanged at 8.5 percent. The growth prospects of Argentina, Brazil, Mexico, South Africa, South Korea and Turkey have also improved. Prospects of Australia, Britain, Japan and Russia were loweredAsian markets stabilize but Evergrande fears linger
The battle in Washington to raise the US debt limit was also fuelling concern that the government could miss payments on its debt obligations, sparking a disastrous default.Evergrande’s crash crunch stumps investors and homeowners alike
The once-mighty Evergrande Group has long been the face of Chinese real estate, surfing a decades-long property boom to expand into more than 280 Chinese cities as it peddled home-ownership dreams.UAE outperforms ten global tourism destinations in H1
The emirates achieves hotel occupancy rate of 62 percent, ahead of the US, UK and TurkeyIran looks east after China-led bloc okays entry
Iran has been trying to enter the SCO for years, and was close last year, but Tajikisatn objected to it.UAE reelected as vice president of Belt and Road Tax Forum
The United Arab Emirates (UAE) has been elected as vice president of the Belt and Road Initiative Tax Administration Cooperation Forum (BRITACOF) for the second time in a row.UAE’s non-oil trade weathers pandemic to reach $371 billion in 2020
DUBAI: The UAE's non-oil trade rose to AED 1.403 trillion ($371 billion), reflecting the country's robust trade exchanges despite the negative impact of the Covid-19 pandemic The Federal Center for Competitiveness and Statistics (FCSA) data said the UAE commanded a coveted position globally and regionally in merchandise trade, with its...Biden calls Xi to ease friction in US-China ties
President Joe Biden spoke with China’s Xi Jinping on Thursday amid growing frustration on the American side that high-level engagement between the two leaders’ top advisers has been largely unfruitful in the early going of the Biden presidency.Alibaba shares slide after $15 bn ‘prosperity’ pledge
Daniel Zhang, Alibaba chairman, said the group was "eager to do our part to support the realisation of common prosperity"SABIC inks $6bn China deal
Saudi Basic Industries Corporation is the chemical arm of Aramco.Iran discusses oil cooperation with China
Iran is hard pressed to sell its oil to countries across the world due to the sanctions placed by the United States on it.Demand for lithium boosts Tianqi’s net profit
In a boost to China's Tianqi Lithium Corp, one of the world's top lithium producers, it posted its first net profit in two years on Sunday.Iraq to rid its power woes with solar energy
Iraq has signed a deal with China to build a set of solar power plants that would produce 2,000 MW of clean, renewable energy for the power-starved, oil-rich country.Biden given inconclusive report on COVID-19 origins
The US president had ordered the assessment to find out whether the virus jumped to humans via animals or escaped a research facility in Wuhan.AI chatbot comforting China’s lonely millions
XiaoIce has pioneered a cutting-edge artificial intelligence system designed to create emotional bonds with its 660 million users worldwideDubai’s Alcazar bought out for $500m by China
Dubai’s Alcazar Energy Partners, a wind and solar developer, has been bought out by the state-owned Chinese company Three Gorges South Asia Investment Ltd. for $500 million.$24bn deals signed at Fifth China-Arab States Expo
Eight Chinese provinces and cities, including Beijing, Tianjin, Zhejiang, Henan, and Guangdong, have signed 12 investment projects with Arab countries and other countries along the Belt and Road routes, with a total investment of 7.43 billion yuan. Three policy reports covering economic and trade relations between China and Arab States...Saudi Arabia remains China’s top crude supplier
Although its supply of crude oil fell ten percent on the month, Saudi Arabia still continued to be China’s top crude oil supplier for the ninth month in July, while Russian imports slipped by just 4 percent.Iran, China to discuss ways to expand cooperation
Iranian President Raisi told Chinese counterpart Xi Jinping his government would prioritize the expansion of bilateral relations.TikTok is most downloaded app
The Chinese-owned video app has surged in popularityChina approves first mixed-vaccine trial as Delta spread
The trial will test the efficacy of combining an "inactivated" vaccine made by China's Sinovac with a DNA-based one developed by US pharmaceutical company InovioDubai Chamber launches online tool to fill $10b export gaps
The launch of the tool is in line with the emirate’s new target to boost its foreign trade from around $380 billion to around $545 billion over the next five years.Covid returns to China’s Wuhan: Global Delta variant woes mount
A resurgent virus has returned with a vengeance, buoyed by stalling vaccination rates and deadly new mutations.China builds 1.8 km long railway tunnel in the UAE
China has finished building the longest railway tunnel anywhere in the Middle East in the United Arab Emirates. The 1.8 kilometer long is part of the second stage of Etihad Railway.Equipment, vaccine donations help Tunisia battle Covid-19
With 1.4 daily deaths per 100,000 population, Tunisia is second-worst globally on this metric after NamibiaUS mulls crackdown on Chinese imports of Iranian oil
The United States is planning a crackdown on Iranian oil sales to China in violation of its sanctionsOil prices rise amid growing demand from India, China
Brent crude oil futures were up $1.43, 1.93%, at $75.55 Prices had dropped early in the week by the collapse of output talks between the OPEC and allies including Russia, together known as OPEC+ Falling US inventories, and signs of strong Asian demand from both China and India pushed up...

















































