Economy
-
Unpredictable year ahead for world economy amid geopolitical strife, economic turmoil
The global economy faces a year of subdued growth prospects and uncertainty stemming from geopolitical strife, tight financing conditions and the…
Read More » -
Dubai’s GII invests $160 mln in Saudi Arabia’s Abeer hospital chain
Gulf Islamic Investments LLC. has invested $160 million in Saudi Arabia’s Abeer Medical Company, the latest health-care deal in the…
Read More » -
US aviation regulator grounds Boeing MAX 9 indefinitely after mid-air panel blowout
The US aviation regulator on Friday extended the grounding of Boeing 737 MAX 9 airplanes indefinitely for new safety checks…
Read More » -
Oil prices rise on US-UK strikes over Red Sea attacks
Oil prices jumped by 4% after the US and UK launched strikes in Yemen over recent attacks by Houthi rebels…
Read More » -
Oil jumps 4 percent as tankers avoid Red Sea after strikes on Yemen’s Houthis
Oil prices leaped 4 percent on Friday, as oil tankers diverted course from the Red Sea following overnight air and…
Read More » -
China, Russia trade hit record high in 2023 as commerce with US sank
Trade between China and Russia hit a record high in 2023, official data from Beijing showed on Friday, as commerce…
Read More » -
Oil prices steady despite Middle East tensions, but risks are rising
In recent weeks, missile and drone attacks on cargo ships crossing the Red Sea have caused the biggest disruption to…
Read More » -
Tesla lowers range estimates as US regulators tighten vehicle-test rules
Tesla has lowered driving-range estimates across its lineup of electric vehicles as a new US government vehicle-testing regulation takes effect with the goal…
Read More » -
Meta to restrict more content for teens as regulatory pressure mounts
Meta Platforms said on Tuesday it would hide more content from teens on Instagram and Facebook, after regulators around the globe pressed the social…
Read More » -
World’s tallest branded residential clocktower unveiled in Dubai
The UAE-based developer London Gate, along with Franck Muller, the Swiss luxury watch manufacturer, unveiled in Dubai on Tuesday what…
Read More »