Business

BEIJING: China’s central bank conducted 359.3 billion yuan (US$50.44 billion) of seven-day reverse repos at an interest rate of 1.7 percent on Thursday.

Xinhua News Agency quoted a statement from the People’s Bank of China as saying that the move aim…

BEIJING: Hussain bin Ibrahim Al Hammadi, the UAE Ambassador to the People’s Republic of China, has said that the UAE is China’s leading non-oil trading partner in the Middle East and North Africa, with bilateral trade reaching $80.6 billion in 2023.

…

ABU DHABI: AD Ports Group has issued a white paper titled ‘Digitalisation for Enhanced Efficiency: Leveraging Data for Smart Ports’ as a valuable resource for understanding the dynamics of digital transformation in the maritime sector and its critical…

DUBAI: The first international edition of the Dubai Business Forum – China, organised by Dubai Chambers in Beijing on Wednesday, has highlighted the promising opportunities emerging for the Chinese business community in the emirate as a result of the …

DUBAI: Network International, a digital payments company, and Sharjah-based Invest Bank have joined hands to extend Network’s digital payment services to the bank’s corporate customers.

The collaboration will enable Invest Bank to extend Network’s me…

ABU DHABI: E7 Group, part of ADQ and listed on the Abu Dhabi Securities Exchange, announced that it will commence the production of digital tax stamps in 2025, with a total investment of AED182 million. This investment will bolster its capacity to des…

GENEVA: Comoros joined the WTO on 21 August as its 165th member, after 17 years of negotiating its accession terms with WTO members. It is the 10th least-developed country (LDC) to accede to the WTO through negotiations.

Comoros also announced its fo…