China remains UAE’s top trade partner
China has remained the top trade partner of the United Arab Emirates for three consecutive years from 2014 to 2016, the Emirates News Agency reported on Wednesday. The total China-UAE trade amounted to 520.6 billion Emirates dirhams ($141.74 billion) during the 2014-16 period, the report said, quoting statistics from the UAE Ministry of Economy. The China-UAE trade totaled 170.2 billion AED in 2016, down slightly from 174.6 billion AED in 2015 and 175.8 billion AED in 2014. India came second with a total trade volume of 386.4 billion AED from 2014 to 2016. The India-UAE trade reached a record of 131.8 billion AED in 2016. The United States ranked third in the list of UAE’s trade partners, with a total trade volume of 312.6 billion AED during the 2014-2016 period. The US-UAE trade reached a record of 111.1 billion AED in 2016. the United States, according to a news release. The delivery comes one year after the City of Albuquerque announced it had chosen BYD as its manufacturer. It was agreed that a total of 20 buses will be handed over to the city by the end of 2017. The all-electric articulated transit bus will operate as part of Albuquerque Rapid Transit. The selection of electric buses makes the ART project more sustainable for Albuquerque’s future, said Mayor Richard Berry. “Careful deliberation has gone into the selection process, and it was found that these buses are the best fit with the most dynamic benefits for the City of Albuquerque,” the mayor said. on-year, according to its unaudited financial results released on Wednesday. Net income attributable to Weibo reached $73.5 million, an increase of 184 percent year-on-year. Advertising and marketing services remained the major source of income, bringing in $218.3 million in Q2, a 72-percent surge over Q2 of 2016. Weibo boasted of 361 million monthly active users as of the end of June, up 28 percent year-on-year, with 92 percent of them coming from mobile devices. ment of Ofo, said the company hopes to provide local residents with a good bike-riding experience. “We hope Ofo can better serve local residents and help Japan’s cities improve transportation and the environment,” said Tetsuo Kuramitsu, director of SoftBank C&S. Currently, Ofo operates around 8 million shared bikes around the world. Statistics show that it has offered over 3 billion rides for customers in more than 170 cities. decision. The work will be moved to China, where it will be done by GE’s partner supplier, a US manufacturing services company called Jabil, GE said.