Global stock markets are recording their worst week since the world financial crisis of 2008.
It comes as fears over the impact of the coronavirus continue to grip investors.
This morning, February 28, markets in Europe fell sharply with London's FTSE 100 index dropping over 3%.
Asian markets suffered too, while in the US, the Dow Jones recorded its biggest daily points drop on Thursday.
Investors are concerned that the COVID-19 virus' impact could spark a worldwide recession.
Dubai secures Canva regional headquarters in new tech partnership
Dubai is set to host Canva’s regional headquarters, strengthening the emirate’s growing role as a major hub for digital innovation and creative technology.
DIFC delivers record 2025 results
Dubai International Financial Centre (DIFC) has posted landmark annual results, reinforcing Dubai’s position as the leading global financial hub across the Middle East, Africa and South Asia.
Pakistan must create 30 million jobs over next decade, World Bank president says
Pakistan must create up to 30 million jobs over the next decade to turn its youth bulge into an economic dividend or risk instability and outward migration, World Bank President Ajay Banga said in an interview with Reuters.
Ghana seeks to deepen strategic investment, innovation ties with UAE
Ghana considers the UAE a strategic partner in its development journey, particularly in economic growth and infrastructure reform, Lydia Lamisi Akanvariba, Minister of State for Public Sector Reform of Ghana, said at the World Governments Summit.
UAE partners with World Economic Forum to fast-track industrial transformation
The UAE has signed a partnership with the Ministry of Industry and Advanced Technology (MoIAT) and the World Economic Forum (WEF), aimed at accelerating the digital and technological transformation of the country’s manufacturing sector.
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, has launched the official operations of fully autonomous RT6 taxi vehicles in Dubai, developed by Baidu Apollo Go.
Indian educator and artist Rouble Nagi has been named the winner of the $1 million Global Teacher Prize 2026 at the World Governments Summit in Dubai.
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has honoured global peacebuilders and humanitarian advocates at the 2026 Zayed Award for Human Fraternity ceremony in Abu Dhabi.
