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Business : Page 1344

Trade between Dubai and China hits Dhs135 billion
DubaiMay 19, 2014 ET
Trade between China and Dubai is worth Dhs135 billion a year, new figures show. The stat was announced following a meeting between Ahmed Mahboob Musabih, director of Dubai Customs, and Tang Weibing, China’s Consul General in Dubai.
Property transactions in Oman grow by 94.1%
Oman propertyMay 19, 2014 ET
The traded value of property in Oman witnessed a significant growth of 94.1 per cent by the end of first quarter this year, recording RO 687.3 million compared with RO 354.1 million during same period in 2013.
UK exporters' confidence rising
UK exportMay 19, 2014 ET
Confidence amongst the UK's exporters is rising, according to the British Chambers of Commerce (BCC) and delivery service, DHL Express.
Mexico: Avocado prices increased 100%
Mexico avocadoMay 19, 2014 ET
Once again, the price of avocados skyrocketed due to a decline in production and an increase in exports, among other factors.
Hotel boom in the Middle East and Africa
Africa hotelMay 19, 2014 ET
The Middle East and Africa hotel development pipeline now includes 581 hotels with 137,799 rooms, according to STR Global's April 2014 Construction Pipeline Report.
Uruguay to send 9,000 tons of citrus to U.S.
Uruguay citrusMay 19, 2014 ET
The Uruguayan citrus sector aims at placing between 8,000 and 9,000 tons of fresh fruit in the United States throughout 2014. Up to now, they have sent the first 100 tons and are on track to achieving their goal.
UK to run out of oil, gas and coal in five years
UK oilMay 19, 2014 ET
New research from the Global Sustainability Institute has found that Britain, France and many other European countries have low reserves of fossil fuels, and their home grown energy could be entirely reliant on imports in several years.
Saudi nonoil exports top $5 billion
Saudi exportMay 17, 2014 ET
Saudi Arabia's nonoil exports reached SR19.24 billion ($5.12 billion) in March, reflecting an increase of 12.5 percent over the figures for the same month last year, a report said.
Lithuania saw 2nd largest increase in new car registrations
Lithuania carsMay 17, 2014 ET
In April, new vehicle registrations in Latvia increased by 34%, the third largest increase in Europe, the latest report from European Automobile Manufacturers Association (ACEA) indicates.
$25 million for 1,315 units of affordable housing in New York
New York housingMay 16, 2014 ET
Governor Andrew M. Cuomo announced 80 awards across the state to repair, rehabilitate and preserve housing for low- and moderate-income residents of New York State.
British unemployment rate drops
UK staff placementsMay 16, 2014 ET
British unemployment rate dropped to a five-year low in the first quarter of 2014, better than market expectations.
Myanmar sees foreign investment boom
MyanmarMay 16, 2014 ET
Myanmar received $2.2 billion in foreign investment in the first four months, with transport and communication sector leading in the line-up, local media reported.

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