Pound rally forecasts pegged to Brexit deal may be too optimistic

London: Analysts expecting the pound to rally more than 5 per cent on a market-friendly Brexit resolution may be too optimistic. Some see the pound rising toward $1.40 by the end of June on anticipation that the UK will opt for a softer Brexit, or even cancel it. While Parliament taking greater control of the […]

Singapore backs lab-grown meat, robots

Singapore: Singapore will allocate S$724 million (Dh1.97 billion; $535 million) under a current plan to transform its economy into one that relies more on fields such as research and on companies that create new markets and jobs. The additional investment includes S$500 million for digital technologies such as artificial intelligence, super-computing and robotics under the […]

Stimulus packages drive non-oil growth: FCCI

Sharjah: Recent stimulus packages have significantly contributed to growing the non-oil private sector across the country, according to the chief of the UAE Federation of UAE Chambers of Commerce and Industry (FCCI). Addressing a joint meeting of the FCCI General Secretariat and Directors of the Chambers of Commerce, Humaid Mohammad Bin Salim, FCCI Secretary-General, expected […]