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DMCC Forms Strategic Alliance with China Gems and Jade Exchange

14-05-2019 Media IN Dubai DMCC, the world’s leading Free Zone for commodities trade and enterprise, announced today that it has signed a Memorandum of Understanding with the China Gems and Jade Exchange (CGJE), creating a strategic alliance with China’s official trading platform for gemstones and jade. The Chief Operating Officer, DMCC, and …

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The decline in US stocks affects oil prices

Media In\ New York 13-05-2019 Oil futures fell today as US stocks tumbled as the negative sentiment in the US-China trade talks caused investors to worry, who pushed oil up in early trade on fears of supply disruption after reports of sabotage attacks on tankers in the Middle East. Brent …

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Russia’s Gold Reserves shoot up in Q1 2019

Media IN Moscow, 14-05-2019 Russia’s gold reserve rose by 17.8 tons in March to 2168.3 tons compared to last year, reaching almost 2112 tons, the World Gold Council said in its may report. Russia is ranked fifth  in the world with reserves of precious metal and topped the third quarter …

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US stocks start trading lower

Media IN New York, May 14 2019 Major US stock indexes fell on Tuesday. The Dow Jones industrial fell 374.31 points, or 1.44 percent, to 2,558.06. The standard and poor’s 500 index shed 41.21 points, or 1.43 percent, to 2,840.9. The NASDAQ composite Index shed 196.87 points, or 2.49 percent, …

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China’s Unemployment rate fell by 3.67 percent in Q1 2019

Media IN/Abu-dhabi/12-05-2019 Unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. China Unemployment Rate  as per May, 2019 decreased to 3.67 percent from 3.80 percent in the fourth quarter of 2018. Unemployment Rate in China averaged 4.09 percent from 2002 …

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IRELAND records 6.7 percent growth in GDP 2018-19

Media IN/Abudhabi/ 12-05-2019 The Central Statistics Office (CSO) indicate that the Irish economy performed strongly last year. The Irish economy, as measured by Gross Domestic Product (GDP), grew by 6.7% in volume terms up to €312.5 billion, while real Gross National Product (GNP), which takes account of income inflows to, …

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Sharjah Chamber discuss bilateral relationships with Brazil

Media IN/Abu-dhabi/11th May, 2019 (WAM) The Chairman of the Sharjah Chamber of Commerce and Industry,(SCCI) met with  the Brazilian Ambassador to the UAE, at the chamber’s headquarters. The meeting was attended by the Acting Director-General of the SCCI, the CEO of Expo Centre Sharjah,  Head of the International Bureau for …

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