Job seekers and recruiters gather at TechFair in Los Angeles, California. Reuters
US job growth rebounded strongly in June, with government payrolls surging, but persistent moderate wage gains and mounting evidence the economy was losing momentum could still encourage the Federal Reserve to cut interest rates this month.
New orders for US-made capital goods increased by the most in eight months in March, hitting their highest level on record and brightening the outlook for manufacturing and the economy.
US job growth slowed sharply in May and wages rose less than expected, raising fears that a loss of momentum in economic activity could be spreading to the labour market,
The Abu Dhabi-based global investment firm, Mubadala Investment Company, announced that it has signed an agreement to invest up to $500 million in Cologix, the network-neutral interconnection and hyperscale edge data
The Dubai property market is on solid growth track and is marching ahead. The city of wonders is close to host Expo 2020, which would add more flavor to the country’s bourgeoning realty sector.
Dubai’s maritime sector has been steadfastly working to achieve great heights and bring in new developments that can contribute to innovation and growth of the sector and boost the Emirate’s ranking among the world’s leading maritime capitals,