New shipping policy announced by Syed Ali Haider Zaidi, Federal Minister for Maritime Affairs, is an excellent step towards promoting private shipping industry, eventually the logistics support services, port services, road transport,
Dr Thani Bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, recently visited Dubai Exports, the export promotion agency of Dubai Economy, to discuss closer co-ordination and co-operation on enhancing exports from the UAE.
Taiwan’s exports surprisingly rose in July after four months of falls, but the government warned of uncertainties as global coronavirus cases spike and US-China tensions deepen.
Germany’s exports and imports of goods and services collapsed in the second quarter as did household spending and investment in equipment, the Federal Statistics Office said. But state spending increased during the period.
China’s economy appeared to be gathering pace in July as exports rose the most this year while some raw material imports hit record highs, adding to hopes for a more sustained recovery.
Global stock markets mostly fell on Friday as hopes faded for a quick recovery from the global coronavirus pandemic. Investors looked past new economic relief measures in the United States and Europe
India plans to fast track the review of some investment proposals from neigbouring countries such as China following concerns new screening rules could hit plans of companies and investors, three sources told Reuters on Saturday.
Global stock markets sank on Friday following more signs that the COVID-19 pandemic would take a massive toll on economic growth, while oil prices continued to rally on hopes of a cut to global supply.
China’s auto sales fell at a slower rate in March and industry experts expect a pick-up in the second half. Automobile sales in China plunged an annual 43.3% in March, a data showed,
Global trade and supply chain are currently passing through the tough times because of coronavirus COVID-19. However, UAE’s federal export credit company, Etihad Credit Insurance (ECI), is committed to extend all its support to exporters and businesses.