Huawei’s first 5G Smartphone Huawei Mate 20X 5G to launch this July in the UAE

Dubai: Following the recent roll-out of 5G network technology by UAE telecom operators, Huawei will launch its highly anticipated 5G smartphone — HUAWEI Mate 20 X (5G) in the UAE this July. Supporting a wide range of patented 5G technologies, the device is expected to represent high-speed connectivity and powerful performance. READ MORE World of […]

Pence puts off China speech sequel ahead of Trump-Xi talks

WASHINGTON. US Vice-President Mike Pence on Friday called off a planned China speech that had been cast as a sequel to a blistering broadside he delivered in October to avoid exacerbating tensions with Beijing before summit talks next week, a White House official said. The decision to put off the Monday speech came ahead of […]

Trump-Xi Take Centre Stage as G20 gathers

(Bloomberg) — Central bankers hand back the spotlight to presidents and prime ministers this week as leaders from the Group of 20 gather for a summit in Japan. The highlight of those talks will be the face-to-face meeting between President Donald Trump and Chinese President Xi Jinping. That they are meeting at all was enough […]

UAE’s GDP grows 2.2% in first quarter

Dubai: The UAE Central Bank announced that the country’s gross domestic product (GDP) grew 2.2 per cent in the first quarter of 2019 from a year earlier. According to a report issued by the central bank, the UAE’s non-oil economy increased by 1.6 per cent in the first quarter of the year compared to the […]

China state media urges US to drop win-at-all-costs trade stance

Shanghai: Instead of waging a trade war with China, the United States should drop its win-at-all-costs mentality and consider the interests of its own people as well as the global community, the official People’s Daily said an editorial on Saturday. The Chinese Communist Party’s newspaper urged the United States to cancel all tariffs on Chinese […]

Etihad Credit Insurance, Jordan’s Loan Guarantee Corporation partner to strengthen trade relations

DUBAI: Etihad Credit Insurance, ECI, the UAE Federal Credit Insurance Company has signed a Memorandum of Understanding, MoU, with the Jordan Loan Guarantee Corporation, JLGC, to explore, develop and strengthen the trade relationship between the UAE and Jordan. This partnership will enable enhance trade and business activities through the exchange of information and exploring business […]

Fed officials face weak inflation, but split over what it means

Washington, San Francisco: US Federal Reserve officials were divided Friday over how seriously to treat a slide in inflation, with one top policymaker saying the Fed was “close” to its inflation target and three others warning the weak price increases posed major risks the Fed may need to attack with lower interest rates. Just how […]