A facility of General Electric in Belfort, France. Agence France-Presse
For the first time since the Great Recession a decade ago, the US Federal Reserve is poised to cut interest rates, shoring up America’s defenses as the global economy weakens.
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.
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 Dubai economic growth is on solid track and is marching ahead. Dubai is a safe haven for local and foreign investors. Dubai Airport Freezone Authority (DAFZA)
Abdullah Al Saleh, Under-Secretary of the Ministry of Economy for Foreign Trade Affairs, said that the value of non-oil trade between the UAE and Russia over the past five years amounted to US$14.1 billion,
Abu Dhabi National Exhibitions Company (Adnec) has completed its preparations for the second edition of Abu Dhabi International Boat Show (ADIBS) 2019,