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China’s Sany signs $86m construction deal in KuwaitChina-based Sany Heavy Industry signed a $86 million purchasing agreement with a Kuwaiti engineering construction contractor on November 15, which is Sany's largest international order in Middle East market so far. Sany will p More… |
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Oil hits new 11-year low as China worries add to glutBrent crude prices fell to fresh 11-year lows on Thursday as fresh concerns over China's economy added to huge storage overhangs, near-record production and slowing demand that have already pummeled prices. China accelerated t More… |
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Oil prices rise on China stocks rebound, Greek deal hopesOil prices rose on Friday on hopes that the Greek debt crisis could be resolved and as Chinese stocks rebounded, but analysts said bigger jumps were unlikely as global crude production remained high. Greece has tabled a cash-for-r More… |
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Ford Focus sales grows 16pcThe Ford Focus global registrations from January through September grew 16.1 per cent year-on year, according to statistics. The vehicle delivered an increase of 11 per cent total sales last year, with a 91 per cent growth in Bahr More… |
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Chinese fair opens in SharjahOfficials and businessmen from UAE and China have converged in Sharjah for a major Chinese fair in the Middle East, which opened today (December 16). The three-day 12th Chinese Commodities Fair Sharjah is expected to further boost More… |
