The International Monetary Fund’s (IMF) forecast for the UAE’s economic growth remains unchanged at 3%. That’s despite downgrading its global forecast this year to 3.1%, from 3.3% in July, indicating a risk of a recession. The fund has also adjusted its forecast for 2016, from 3.8% to 3.6%. Its latest World Economic Outlook says the developed world is performing well, but emerging markets are weak, resulting in slower growth.
Tesla to sell Model Y cars in India, starting at $69,770
Tech entrepreneur Elon Musk's Tesla is selling its Model Y cars in India starting at about $69,770 (AED 256,230), its website showed on Tuesday, as the electric car maker prepared to open its first showroom in the financial capital of Mumbai.
Wizz Air to exit Abu Dhabi operations
Low-cost carrier Wizz Air said on Monday it would exit its Abu Dhabi operations and suspend all locally based flights from September due to operational challenges and geopolitical developments in the Middle East.
DP World to develop Syria’s Tartus Port under $800 million agreement
DP World has signed a 30‑year concession agreement worth $800 million with Syria’s General Authority for Land and Sea Ports to redevelop and operate the Port of Tartus.
UAE strengthens intellectual property ties with Spain, Morocco
The UAE's Ministry of Economy and Tourism has signed two agreements with Spain and Morocco to strengthen cooperation in industrial property rights.
The legendary Craig David joins The Kris Fade Show for an unforgettable chat!
The boys tried their 'pick up' lines on Mais Vault and things did not go according to plan...
One of the most talked about comedians in the world takes over The Kris Fade Show. Watch the full interview here...
From taking us down memory lane to a possible BAD BOYS 5 in Dubai?
