UAE’s GDP to grow 3.8% on average in next 5 years: Dubai Chamber

Dubai: The UAE is forecast to achieve an annual average real gross domestic product (GDP) growth rate of 3.8 per cent between 2019 and 2023, supported by an increase in investment flows and private consumption, according to new analysis from Dubai Chamber of Commerce and Industry. The study identified factors such as expansionary fiscal policy […]

SUVs, trucks and sports cars take centre stage at Detroit auto show

DETROIT: SUVs, trucks and sports cars were set to take centre stage on Monday as a subdued Detroit auto show kicked off with fewer carmakers and more uncertainty. With compact cars and sedans an ever-shrinking portion of the North American market, auto makers have all but abandoned them, as evidenced by what they chose to […]