China’s stocks have steadied today after dropping more than 5% in the previous two days. Yesterday stocks plummeted to an eight-month low, dashing hopes that the country’s economy was on its way to a strong recovery. More good news for China’s economy came in the form of the consumer inflation report, which remained modest in April with commodity prices also rebounding.
Dubai, China sign MoU to develop gold and jewellery trade
The Dubai Jewellery Group (DJG) has signed a Memorandum of Understanding (MoU) with the Gold Association of Guangdong Province in China.
H.H. Sheikh Hamdan praises DIEZ's AED 246 billion value performance in H1
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, has commended the Dubai Integrated Economic Zones Authority (DIEZ) for achieving a record trade value of AED 246 billion in the first half of 2026.
UAE signs agreement to host 2029 World Bank Group, IMF Annual Meetings
The UAE has signed the agreement to host the 2029 Annual Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) in Abu Dhabi.
UAE national becomes first Emirati selected for senior IMF role
UAE's Ali Alhosani has been elected Executive Director at the International Monetary Fund (IMF), becoming the first Emirati to hold this senior international position.
H.H. Sheikh Hamdan witnesses launch of Dubai's Global Future Opportunities centre
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, has witnessed the signing of an agreement to establish the Centre for Global Future Opportunities in Dubai during the Annual Meeting of Global Future Leaders.
