Media In / Agencies September 3, 2018 South Korea’s Consumer Price Index (CPI) rose 1.4 percent in August from the same period last year, compared to 1.5 percent a month earlier, the South Korean statistics agency said on Wednesday. South Korean consumer prices rose last month amid rising prices for …
Read More »Dubai Properties Expo opens in Shanghai tomorrow
Media In – Dubai – 30 August 2018 / WAM / The Dubai Property Department has announced the launch of the Dubai Property Exhibition, which will open in Shanghai, China, for three days. The event, organized by the Dubai Real Estate Investment Promotion and Management Center, will be attended by …
Read More »China: $ 37 trillion in assets of the banking sector
Beijing, Aug. 29 (WAM) China’s bank assets stood at 253.4 trillion yuan ($ 37 trillion) by the end of July, according to data from the China Banking and Insurance Regulatory Commission, up 7.5 percent year-on-year. The data showed that lenders’ commitments to the end of last month rose by 7.1 …
Read More »Egypt and Vietnam aim to increase trade exchange to $ 1 billion
Media In – Cairo August 27, 2018 Egypt and Vietnam agreed today to strengthen bilateral trade and investment cooperation and promised to create favorable conditions for companies from both countries to increase access to their respective markets to achieve the goal of increasing trade between the two countries to reach …
Read More »China’s imports of automobiles and metal structures are up 66.1%
China’s imports of automobiles and metal structures rose 66.1 percent to 48.46 billion yuan (about 7 billion US dollars) last month, according to the General Administration of Customs of China. China imported 165,000 vehicles and metal structures in July, up 266.7 percent from June and up 50 percent year-on-year. Earlier …
Read More »China eases restrictions on foreign investment in banking sector
MEDIA IN , Beijing, Aug. 25 (Xinhua) China’s Banking Supervision Commission has decided to repeal and revise some regulations on foreign investment in the banking sector in an effort to push forward financial openness. China will abolish the rules governing the investment of foreign financial institutions in domestic organs and …
Read More »US stocks close higherUS stocks close higher
Media IN 2018-08-25 US stocks ended higher on Wall Street. The Dow Jones industrial average gained 133.37 points, or 0.52 percent, to close at 25790.35 points, while the broader Standard & Poor’s 500 Index gained 0.62 percent, or 17.71 points, to 2874.69. The Nasdaq Composite Index gained 67.52 points, or …
Read More »970 million US investment in a medical city in Pakistan
MEDIA IN, Dubai, August 19, 2018 (WAM MBF Holding has signed an agreement with Epschos Housing and Nixon, a business services provider, to allocate 100,000 square meters in the Glberg Green area of the Pakistani capital, Islamabad, to create an integrated medical city with world-class standards that provide health and …
Read More »Mitsubishi manufactures the largest wind turbines
Media IN / Tokyo, August 18 / Mitsubishi Heavy Industries has started manufacturing the world’s largest wind turbines with a capacity of 10,000 kW and is expected to be installed in early 2020 to provide better cost efficiency. The Japanese company said it plans to sell the turbine to energy …
Read More »US $ 640 million in trade between the UAE and Norway in 2017
Media In – Abu Dhabi August 2018 / WAM The Ministry of Economy published a reading of Norway’s Trade Policy Review Report prepared by the WTO Secretariat as part of its periodic review of trade policies of Member States. Aisha Al-Kubaisi, Director of Trade Policies and International Organizations at the …
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