Business from Tuesday, December 31st, 2024
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UAE to expand CEPAs in 2025, says Thani Al Zeyoudi
Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, reaffirmed on Tuesday the UAE will continue to increase its Comprehensive Economic Partnership Agreements (CEPAs) in 2025, targeting additional countries to maximise benefits for the UAE and its global trade partners.
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Chinese stocks post first annual gain since 2020, HK ends four-year rout
Chinese stocks dipped on Tuesday, the final trading day of 2024, but were on track for their first annual gain following an unprecedented three-year decline, while Hong Kong shares also ended the year higher.
News
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UAE to launch new monitoring satellite on SpaceX rocketThe Mohammed bin Rashid Space Centre (MBRSC) announced the MBZ satellite will be launched this month from the United States on a SpaceX Falcon rocket.
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New Director-General and Commander-in-Chief appointed to AD PoliceH.E. Sheikh Mohammed bin Tahnoon Al Nahyan was appointed the new Director-General of Abu Dhabi Police, and Major General Ahmed Saif bin Zaitoon Al Muhairi the new Commander-in-Chief of the authority.
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Trucks partially banned on Emirates Road during rush hourTruck have now been banned on Emirates Road between Al Awir Road and Sharjah from 5:30 p.m. to 8:00 p.m, as Dubai attempts to enhance road safety for users and improve traffic flow.
