A new survey has revealed that the UAE is well-prepared for major global changes.
The UAE has been ranked fifth in KPMG’s latest Change Readiness Index, higher than the US, UK, and Australia.
The report assesses how effectively countries around the world prepare for and respond to major global events like climate change.
Switzerland came out on top followed by Singapore, Denmark and Sweden.
Dubai’s new business support measures set to boost resilience, growth
Officials overseeing Dubai’s tourism and key economic sectors have said that the business support measures announced earlier this week will bolster resilience, help companies navigate short-term challenges and support sustained growth.
Drugmakers face 100% tariff unless they cut prices or produce drugs in US
President Donald Trump signed an executive order on Thursday imposing 100 per cent tariffs on branded pharmaceuticals imported into the US unless manufacturers agree to government drug pricing deals or commit to making their products domestically.
Wall Street soars as traders bet on potential war off-ramp
Wall Street ended sharply higher on Tuesday, lifted by speculation about a potential de-escalation in the Middle East conflict that has sent oil prices soaring and fuelled fears of global inflation in recent weeks.
US trade chief sees only limited role for WTO
The World Trade Organisation will play only a limited role in global trade policy after a failed ministerial meeting in Cameroon, US Trade Representative Jamieson Greer said on Monday, vowing to seek alternative arrangements with like-minded countries.
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