Two strong explosions were heard by residents.

Pope Francis will visit the UAE from February 3-5.

Washington China promised to “substantially” expand purchases of US goods after the latest round of trade talks, and both sides planned further discussions to reach a breakthrough with only a month to go before the Trump administration is set to ratchet up tariffs. President Donald Trump said Thursday he will dispatch two of his top […]

Growth in the UAE economy will accelerate to 3.7% in the coming year, from 2.9% in 2018, says IMF

Partnership with China Southern Airlines will add eight new destinations to Emirates’ global network

Dubai: Emirates Integrated Telecommunications Company (EITC), the parent company of du, announced on Thursday that its chief financial officer (CFO), Amer Kazim, has resigned. The company said Kazim is leaving in order to take up another position with a Dubai government-owned organization. However, he will remain with EITC until the end of March 2019, to […]

TOKYO. Japanese electronics and entertainment company Sony is reporting a 45 per cent surge in fiscal third-quarter profit on tax reductions, a favourable exchange rate and gains in its music segment. Tokyo-based Sony Corp reported on Friday an October-December profit of 429 billion yen ($3.9 billion), up from 295.9 billion yen in the same period […]

Istanbul: Turkey’s top economic body ruled out seeking support from the International Monetary Fund, in an effort to end market speculation that Ankara is in touch with the Washington-based lender to negotiate a rescue package. Those spreading the rumours are carrying out a propaganda war to “harm the Turkish government, the Turkish economy and Turkish […]

LONDON, HONG KONG Factory activity was at its weakest in years across much of the world during January, adding to worries trade tariffs, political uncertainty and cooling demand poses an increasing threat to global growth. Weak Purchasing Managers Index (PMI) readings reinforce expectations central banks will put any further interest rate hikes on hold this […]