The UK faces a “dangerous cocktail” of threats in its economy this year, as global oil prices slump and growth in China slows down. That’s according to Finance Minister George Osborne, who is warning that the country must not be complacent after two years of steady growth. He added that while a big drop in oil prices was good for most British consumers and businesses, it would hurt oil and gas output and investors who had lent to the sector. Tensions in the Middle East are also a worry.
TECOM Group posts strong 2025 results as revenues and profits rise
Dubai-based TECOM Group has reported a strong financial performance for 2025, driven by rising demand across its commercial, industrial and land portfolios.
UAE-Vietnam CEPA enters into force
The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Vietnam has officially come into force, with an aim to "unlock investment opportunities in vital sectors such as renewable energy, technology and agriculture".
Indian rupee, stocks soar in relief rally after trade deal with US
India's financial markets rallied sharply on Tuesday after a trade deal that slashed US tariffs on Indian goods to 18 per cent from 50 per cent, a development that investors said lifts a key overhang over the country's stocks, bonds and currency.
UAE, DR Congo sign CEPA to strengthen economic partnership
The UAE and the Democratic Republic of Congo have formalised economic ties through signing a Comprehensive Economic Partnership Agreement (CEPA) on Monday that aims to reduce tariffs and eliminate trade barriers.
'World's Coolest Winter' boosts UAE tourism, hotel revenues hit AED 12.5 billion
The UAE's Ministry of Economy and Tourism has announced the conclusion of the sixth edition of the World’s Coolest Winter campaign, which recorded strong results across all seven emirates.
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has led messages welcoming guests to the World Government Summit 2026, running from February 3 - 5 under the theme ‘Shaping Future Governments’.
The UAE has denied false and unfounded claims that it would assume civilian administration of Gaza.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has explored ways to strengthen cooperation with Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF).
