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China, Tanzania eye closer youth ties to boost bilateral cooperation
China and Tanzania on Wednesday called for stronger youth exchanges, skills development and innovation to deepen bilateral relations and support the development aspirations of the two countries.
22:25
Foreign investment in Azerbaijan jumps 18.2 pct in H1
Foreign investment in fixed capital in Azerbaijan rose 18.2 percent year on year to 2.4 billion manats (about 1.41 billion U.S. dollars) in the first half of 2026, the country's central bank said Wednesday.
21:53
UN reports aid worker attack surge across South Sudan in July
The United Nations (UN) relief agency expressed concern after attacks in South Sudan killed six humanitarian workers in July, warning that rising violence severely threatens vital aid operations across the country.
21:34
UAE banker says financial connectivity to power UAE-China cooperation
DUBAI, Aug. 12 (Xinhua) -- Growing financial connectivity between the United Arab Emirates (UAE) and China, driven by the wider use of the renminbi (RMB), digital payments and cross-border financial services, is set to become a key driver of bilateral trade and investment, a senior banker in the UAE has said.As more Chinese companies establish themselves in the UAE, financial infrastructure will become increasingly important, Raheel Ahmed, group chief executive officer of the National Bank of Ras Al Khaimah, also known as Rakbank, told Xinhua in a recent interview.Over the coming years, RMB internationalization, local currency settlement, trade finance, capital market connectivity and digital finance will be the main pillars of China-UAE financial cooperation, he added.Founded in 1976 and headquartered in the northern emirate of Ras Al Khaimah, Rakbank is one of the UAE's longest-established banks and has served Chinese clients for more than two decades.In the past, the UAE was primarily a trading hub and a distribution center for Chinese companies, he observed. Today, we are seeing more and more Chinese companies using the UAE as a regional platform for growth, investment and innovation.Additionally, Chinese companies are increasingly looking beyond traditional economic hubs such as Dubai and Abu Dhabi, Ahmed said, noting that around 400 Chinese companies now operate in Ras Al Khaimah, drawn by its competitive operating costs, well-developed industrial infrastructure, strong logistics connectivity and supportive government policies.As Chinese companies deepen their local presence, banks are increasingly expected to provide broader financial services.According to Ahmed, Rakbank now serves about 6,500 Chinese clients, including more than 2,400 companies. Its localized proposition includes 17 Chinese-speaking colleagues across the bank.The bank also supports RMB settlement, connects with Chinese mobile payment platforms to enable instant remittances, provides RM...
20:42
Proposed US rule barring China science c...
Proposed US rule barring China science collaboration sparks outcry from US scientists
American scientists have voiced opposition to a proposed rule which seeks to ban federal funding for US science collaboration with China, saying that it would instead hurt US interest, the Washington Post reported on Tuesday.
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Sumatran tiger rescued in Agam Regency, ...
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Sumatran tiger rescued in Agam Regency, Indonesia
Sumatran tiger rescued in Agam Regency, Indonesia
20:23
Chinese medical team conducts TCM traini...
Chinese medical team conducts TCM training for Tanzanian health workers
The 28th Chinese medical team to mainland Tanzania has conducted its second training course on traditional Chinese medicine (TCM) for Tanzanian primary healthcare workers and community health practitioners.
20:23
OPEC lowers oil demand growth forecasts ...
OPEC lowers oil demand growth forecasts for 2026
Global oil demand is forecast to grow by 600,000 barrels per day in 2026 year-on-year, down from last month's assessment, said the Organization of the Petroleum Exporting Countries (OPEC) on Wednesday.
20:22
Pakistan pushes for US-Iran negotiations...
Pakistan pushes for US-Iran negotiations, Israeli strikes on Lebanon continue
Speaking at a news conference, foreign ministry spokesperson Tahir Andrabi said Pakistan was working to "bring the two parties to the negotiating table" and prevent efforts to undermine the peace process.
20:20
Campaigns conclude in Zambia ahead of Au...
Campaigns conclude in Zambia ahead of August 13 elections
As the campaign season comes to an end, Zambia is now counting down to Thursday's general elections.Voters will head to the polls on August 13 to elect the president, members of parliament and local government representatives.
20:16
Russia warns of retaliatory seizures of ...
Russia warns of retaliatory seizures of European ships
Russian President Vladimir Putin warned on Wednesday that Russia would respond in kind if Western countries seize its merchant ships.
19:39
S. Korea's independent counsel indicts e...
S. Korea's independent counsel indicts ex-President Yoon for justifying martial law
South Korea's independent counsel on Wednesday indicted former President Yoon Suk-yeol for justifying his martial law declaration, according to local media.
19:38
ROK top court upholds order for Japanese...
ROK top court upholds order for Japanese firm to compensate WWII forced labor victim
The Supreme Court of the Republic of Korea (ROK) on Wednesday upheld a ruling ordering a Japanese company to pay 80 million won (about $56,500) to the family of an ROK national forced into labor by Japan during World War II, Yonhap News Agency reported.
19:26
Destruction caused by Israeli attacks in...
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Destruction caused by Israeli attacks in border village of Houla in Lebanon
Destruction caused by Israeli attacks in border village of Houla in Lebanon
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