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.
Dubizzle Group delays planned IPO on Dubai Financial Market
Digital classifieds leader Dubizzle Group has postponed its planned initial public offering (IPO) on the Dubai Financial Market.
Marjan, RAK Hospitality Holding announce landmark merger
A major strategic merger is set to reshape the future of development and tourism in Ras Al Khaimah.
UAE unveils plan to build next generation of Emirati family entrepreneurs
A new national initiative is set to train 1,000 Emirati entrepreneurial families across the UAE in business and project management.
India proposes strict rules to label AI content citing growing risks
India's government on Wednesday proposed that artificial intelligence and social media firms should clearly label AI-generated content to tackle the spread of deepfake and misinformation, prompted by similar moves by the European Union and China.
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