Saturday , 17 November 2018

Tag Archives: China

Will Morocco’s Chinese-Funded ‘Tech City’ Ever Break Ground?

In the desert scrubland of Morocco’s Tangier region, a donkey laden with water bottles trots down a pebble lane chased by two small children. A farmer herds his cows in the near distance. Crickets leap in the dry grass. It’s within these gently undulating hills, just inland from the coast, that China plans to build an entire city that will …

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UAE and China: Business and trade deals signed during the historic visit

The United Arab States and China have signed more than a dozen business and trade agreements and memoranda of understanding during a landmark visit by the Chinese President Xi Jinping to the UAE over the past three days. The agreements included an announcement on Friday that a Chinese state-owned financial services company would set up within Abu Dhabi’s main financial …

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UAE, China sign 13 agreements and MoUs

MoUs signed between the two countries with the aim to strengthen strategic partnerships and bilateral cooperation across various sectors His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President …

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Oriental opportunity: UAE seeks more trade with China

The United Arab Emirates Ambassador to the People’s Republic of China has said that he hopes the country will be able to double its trade with China over the next 10 years ahead of a three-day visit to the emirates later this week by China’s President, Xi Jinping. According to the UAE’s state news agency WAM, Dr Ali Obaid Al …

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E-commerce portal noon opens buying offices in China and Hong Kong

Noon launched in the UAE and Saudi Arabia last year By Yasmine Saleh, ZAWYA UAE-based online shopping portal noon has announced plans to introduce products from China and Hong Kong on its e-commerce portals in Saudi Arabia and the United Arab Emirates, a noon official said. “We have opened sourcing offices… We spotted a gap in the market for high …

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China’s Xi pledges $20bln in loans to revive Middle East

The loans will fund a plan of “economic reconstruction” and “industrial revival” that would include cooperation on oil and gas, nuclear and clean energy, Xi said Chinese President Xi Jinping on Tuesday pledged a package of $20 billion inloans and $1.6 billion in financial aid to countries in the Middle East, as part of what he called an “oil and …

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Eastern promise: UAE’s financial hubs target China

Zawya Express presents the top story, topic or trend highlighted by our editorial team as recommended reading to start your working day As the United States and China begin talks today to try and avert an escalating trade war, the two main financial centres of the United Arab Emirates have already been courting Chinese dignatories, as they seek to become …

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Hala China: UAE to go all out to woo the Chinese traveller

By Staff Report, Khaleej Times Meraas has launched a new initiative – Hala China – to attract Chinese visitors to the UAE in line with Dubai’s Tourism Vision 2020 strategy. The new initiative has been launched in collaboration with Dubai Holding and DXB Entertainments. It aims to organise events and create tourism packages catered to Chinese visitors, according to a …

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Trading places: Dubai’s non-oil trade rises, with China, India and the U.S. it’s biggest partners

Dubai’s non-oil foreign trade grew by 2 percent last year, with China, India, the United States and Saudi Arabia topping a list of the emirate’s biggest trading partners, the Dubai government’s media office said in a press release on Monday. The emirate’s non-oil trade grew by 26 billion dirhams ($7.1 billion) to total 1.302 trillion dirhams in 2017, up from …

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Chinese firm wins $163mln contract for Damac’s Dubai skyscraper

China State Construction to build tower at Aykon City overlooking Dubai Canal. Damac Properties has announced the award of a 600 million UAE dirham ($163.4 million) contract to build a tower at its Aykon City project on Sheikh Zayed Road in Dubai. The company has chosen China State Construction Engineering Corporation’s Middle East (CSCEC) arm to build the tower overlooking …

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