The International Monetary Fund has once again cut the world economic outlook. In the latest quarterly update the IMF put global growth at 3.2% this year, down from January's more optimistic projection of 3.4% In Washington Kevin McAleese reports...
IMF slashes global growth outlook, warns against 'derailing recovery'
More from Business
-
UAE to develop a defence industrial free zone in Abu Dhabi
Al Selmiyyah, a suburb in Abu Dhabi, will turn into a zone that will be dedicated to advancing defence manufacturing in the UAE.
-
Apple settles lawsuit over late Siri AI features for $250 million
Apple has settled for $250 million on Tuesday in a shareholder lawsuit brought after the company delayed artificial-intelligence upgrades to its Siri voice assistant.
-
UAE plans to establish global defence manufacturing hub
The UAE is planning to establish a global defence manufacturing hub in partnership with South Korea’s LIG Defense and Aerospace.
-
UAE signs contract to purchase C-390 Millennium aircraft for air force
His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, has witnessed the signing of a contract to purchase C-390 Millennium aircraft for the UAE air force.
-
'Make it in the Emirates' sees strong local, international turnout
His Highness Sheikh Mansour bin Zayed Al Nahyan, UAE Vice President, Deputy Prime Minister and Chairman of the Presidential Court, attended the opening of the fifth edition of 'Make it in the Emirates' on Monday.
News
-
UAE condemns hostile Iranian statementsThe UAE has strongly condemned a recent statement issued by Iran’s Foreign Ministry, and rejected allegations and threats targeting the country’s sovereignty, national security and independent decision-making.
-
UAE, Ghana leaders discuss economic growth, regional developmentsUAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has met with the President of Ghana, John Dramani Mahama, who is on a working visit to the UAE.
-
Sheikh Abdullah co-chairs seventh Joint Higher Committee with Qatari FMSheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, has co-chaired the seventh session of the UAE-Qatar Joint Higher Committee with his Qatari counterpart Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani at the Zayed National Museum on Wednesday.
