One-month deadline given.

Dubai: Dubai Purchasing Managers’ Index (PMI), an indicator of the performance of non-oil private sector economy rose for the first time in four months during September, posting at 52.6 compared with a reading of 51.7 in August. The Dubai PMI complied by IHS Markit is derived from individual diffusion indices which measure changes in output, […]

Dubai: Dubai will assume presidency of the World Association of Investment Promotion Agencies (Waipa), a global entity that works for the smooth flow of cross-border investments, for a two-year term. The assumption of the presidency is a nod to Dubai being among the three leading cities in terms of FDI (foreign direct investment) inflows, touching […]

Announcement made during ongoing Gitex Technology Week in Dubai.

Washington (Bloomberg): Kristalina Georgieva, in her first major address as head of the International Monetary Fund, painted a downbeat picture of the world economy and said a more severe slowdown could require governments to coordinate fiscal-stimulus measures. In a speech that sets the tone for next week’s annual meeting of the IMF, Georgieva said the […]

The 35-year-old former military fighter jet pilot returned from the International Space Station on October 3.

The floating police station will be located at the World Islands, off the coast of Dubai.