East African nations approve individual trade pacts with EU if joint deal not reached

Dar es Salaam: East African countries can individually sign separate trade agreements with the European Union (EU) if a joint deal is not reached within the next four months, according to a statement from a meeting of regional leaders. The East African Community (EAC) and the EU have been at loggerheads for years over signing […]

UAE and Saudi Arabia discuss economic relations

Riyadh: The UAE and Saudi Arabia have discussed economic relations and ways to boost trade, business and investment cooperation, according to a statement from WAM released on Saturday. During a bilateral meeting held on the sidelines of the second Saudi-UAE Business Forum, between Sultan Bin Saeed Al Mansouri, UAE Minister of Economy, and Dr Majid […]

Nintendo ‘prepping new Switch model’ as sales slow

TOKYO. Nintendo is reportedly developing a smaller, cheaper version of its popular Switch games console, as sales of the device slow after initial runaway success. The firm’s share price tanked more than nine per cent on the news, which came a day after the games giant lowered its annual target for sales of the gadget […]