Recent escalations in the trade war between USA and China will have a mixed effect on the UAE's economy.
That's according to experts, who spoke to ARN News after US President Donald Trump accused Beijing of currency manipulation.
He made the comments as the Chinese yuan passed the seven-per-dollar level for the first time in 11 years.
Anita Yadav, Head of Fixed Income Research and Senior Director of Wholesale Banking at Emirates NBD, said one of the positives of the recent developments is that it could attract more international investment into the Emirates.
Yadav also said it could slow things down in Dubai's trade and logistics hubs.
DEWA International explores partnerships with several Greek companies
UAE to get 100 Primary Care facilities by 2030
DEWA discusses expanding international operations in UK
Australia plans first domestic oil refinery in 60 years to boost fuel security
UAE looks to deepen trade ties with Canada during Toronto visit
