Dubai climbs to 14th place out of 30 cities on Innovation Index

Dubai climbs to 14th place on the innovation index. (Shutterstock)
Updated 25 February 2018
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Dubai climbs to 14th place out of 30 cities on Innovation Index

DUBAI: Dubai climbed up the Dubai Innovation Index ranking this week, edging out Berlin, Madrid and Shanghai to rank 14th out of 30 global cities in terms of innovation output, the Dubai Media Office announced Saturday.
The list was lead by Hong Kong in first place, with New York, London and Singapore following respectively.
The Dubai Innovation Index, which is compiled by Dubai Chamber in collaboration with consultancy company PricewaterhouseCoopers, measures innovation output on a city and industry level and provides analysis on key challenge areas as well as strengths.


China cancels trade talks with US as tariff threats escalate

Updated 22 September 2018
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China cancels trade talks with US as tariff threats escalate

  • A mid-level delegation was due to travel to Washington ahead of Liu’s visit, but the trip has now been abandoned
  • China added $60 billion of US products to its import tariff list as it retaliated against US duties on $200 billion of Chinese goods

SHANGHAI: China has canceled upcoming trade talks with the United States and will not send vice-premier Liu He to Washington next week, the Wall Street Journal reported, citing sources.
The Wall Street Journal said a mid-level delegation was due to travel to Washington ahead of Liu’s visit, but the trip has now been abandoned.
Earlier this week, China added $60 billion of US products to its import tariff list as it retaliated against US duties on $200 billion of Chinese goods set to go into effect from Sept. 24.