China, United Arab Emirates launch $10 bln strategic investment fund December 14, 2015 - 19:11 AMT PanARMENIAN.Net - China and the United Arab Emirates have agreed to launch a $10 billion joint strategic investment fund, the Associated Press reports. Emirati state news agency WAM said the accord was one of several bilateral agreements signed in Beijing on Monday, December 14, during a visit by the Abu Dhabi crown prince, Sheikh Mohammed bin Zayed Al Nahyan. Abu Dhabi's government-backed Mubadala Development Company, China Development Bank Capital and China's State Administration of Foreign Exchange will manage the fund. Each country would contribute equal funding to the project. Emirati Minister of State Sultan al-Jaber says the fund will support development in sectors of mutual interest, such as conventional and renewable energy, infrastructure, technology and advanced manufacturing.  Top stories Azerbaijani authorities report that they have already resettled 3,000 people in the Nagorno-Karabakh town of Stepanakert. On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesArmenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats.Balance of attached cards in the Idram&IDBank app From now on, users will be able to view the online balances of cards issued by ArCa system banks and attached to the app. |
