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The Organisation for Economic Co-operation and Development (OECD) trimmed its outlook for the global economy on Thursday, saying the world was headed for its weakest economic growth since the 2007-2008 financial crisis.
Dubai Freezone Authority (Dafza), represented by Director General, Dr Mohammed Al Zarooni, and a number of officials welcomed a delegation from the Bank of China (BoC),
Thyssenkrupp’s new chief scrapped the German industrial group’s dividend, warned of deeper losses and asked investors for yet more patience over its turnaround, sending shares in the conglomerate down as much as 14.5%.
British business suffered its deepest downturn since mid-2016 this month as the approach of a national election exacerbated uncertainty about Brexit, according to a survey, which augured badly for the economy.
With more than $800 billion worth of construction contracts awarded over the last ten years, the Mena region’s future projects pipeline exceeds $3.7 trillion. Construction projects alone account for $2.4 trillion,
Officials from Abu Dhabi Department of Economic Development (DED) have inaugurated a new branch of Jumbo Electronics, the leading OmniChannel retailer in the region, at The Galleria Al Maryah Island in Abu Dhabi.
Sharjah Airport International Free Zone (SAIF Zone) has invited businessmen taking part in The BURJ CEO Awards & Business Summit 2019 to invest in the free zone and take advantage of its customer base,
The number of Indian tourists travelling to the GCC is expected to increase 81 per cent from 5.4 million in 2018 to 9.8 million in 2024, growing at a Compound Annual Growth Rate (CAGR) of 10 per cent,
South Korea’s Hyundai Motor said on Tuesday it has signed a preliminary deal to build a new factory in Indonesia, which would be its first car plant in Southeast Asia and a crack at Japanese rivals that dominate the market.
Dubai Islamic Economy Development Centre (DIEDC) signed two Memorandums of Understanding (MoU) with Indonesia Halal Lifestyle Center (IHLC) and the National Islamic Finance Committee (KNKS)