Hanoi: Vietnam is buying more US goods to help it reduce a $39.5 billion surplus, after President Donald Trump called the country a trade abuser. “Vietnam has made great efforts to improve the trade balance between the two countries, increasing imports,” Ministry of Foreign Affairs spokeswoman Le Thi Thu Hang said in a statement late […]
Dubai: Pakistan signed a $375 million syndicated loan with banks in the United Arab Emirates in June made up of conventional and Islamic banking tranches, the Pakistani government said on Saturday. The tranches were fully subscribed by a syndicate of leading UAE banks, the government statement said. Emirates NBD Capital Limited was global coordinator. The transaction […]
Oman’s Sohar Port and Freezone plans to set up four new hydrocarbon and petrochemical projects worth around $2.5 billion in investments on a new …
Osaka: President Donald Trump said he’ll allow Huawei Technologies Co to buy products from US suppliers, in a concession to China after talks with the country’s President Xi Jinping on Saturday. “US companies can sell their equipment to Huawei,” Trump said at a news conference following the Group of 20 summit in Osaka, Japan. “We’re […]
New York: A former top executive at a Dubai-based emerging markets firm that coaxed the Bill & Melinda Gates Foundation and the US government to invest in feel-good projects pleaded guilty Friday, saying he was wrong to be silent as his firm exaggerated its finances to win over new investors. “I regret my involvement more […]
India has become a flourishing hub for medical tourism and the growth has been attributed to ‘word of mouth’.
She had taken pictures of the house, jewellery and bank card.
Beirut: Lebanon has taken a sound path with reforms in its 2019 draft budget and power sector but it will have to keep going, World Bank Mena vice-president Ferid Belhaj said on Friday in Beirut. The bank and other donors helped arrange pledges of $11 billion in soft loans and aid at a Paris conference […]
Dubai: Dubai Electricity and Water Authority (Dewa) unveiled its plans to build 5 new 400 kilovolt (kV) substations over the next three years, with an allocated budget of Dh2.2 billion. The five substations will be added to the total number of existing stations for 22 stations, one station was inaugurated in 2019. Dewa is working […]
No injuries have been reported as a result of the incident.