Historic slump in China car market continues as sales drop 6.6%

Beijing: Chinese auto sales fell in September for the 15th month in 16, extending their worst slump in a generation despite government efforts to support the world’s largest car market. Sales of sedans, sport utility vehicles, minivans and multipurpose vehicles dropped 6.6 per cent from a year earlier to 1.81 million units, the China Passenger […]

World Bank cuts India’s growth projection to 6 per cent

Washington:  Washington: After a broad-based deceleration in the initial quarters of this fiscal year, India’s growth rate is projected to fall to 6 per cent, the World Bank said on Sunday. In 2018-19, the growth rate of the country stood at 6.9 per cent. However, the bank in its latest edition of the South Asia […]

Artificial Intelligence could create 58 Million jobs by 2022

A.I. adoption has potential to create millions of new jobs with cities like Dubai paving the way for innovation. “A.I. is already everywhere especially in #Dubai, where there’s a massive demand for data and A.I.”, Dr. Eva-Marie Muller-Stular, Chief Data Scientist – MEA, IBM UAE, said speaking at the A.I. Everything’ Summit 2019. “We are […]

Current healthcare expenditure in the GCC is projected to reach US$104.6 billion in 2022

“Home to one-third of all MENA investors, Dubai is a great place for a start-up. From access to funding, to our strategic partnership with healthcare city, the government’s faith in new technologies that provides a greater patient experience is fantastic”, says Okadoc CEO and Founder Fodhil Benturquia. The healthcare market in Dubai and the GCC […]