Best global brands call RAK home

Reliable buses manufactured in RAK Did you know that a majority of UAE’s public transport buses are made in Ras Al Khaimah? Ashok Leyland, the world’s fourth-largest maker of buses makes and supplies buses for public transport within the UAE. Setting up its base in Ras Al Khaimah in 2006, the global brand manufactures around […]

Geopolitical issues unlikely to affect UAE growth, expert says

Abu Dhabi: Geopolitical developments are unlikely to moderate the economic growth of the UAE, a trend in line with IMF projections of growth in the country in 2018 and 2019, a senior official has said. Juma Mohammad Al Kait, assistant under-secretary for Foreign Trade Affairs at the Ministry of Economy said, “The positive outlook for […]

Euro-area firms despondent with business growth at four-year low

Frankfurt Euro-area companies are bracing for subdued economic momentum in 2019 after activity slipped to a four-year low at the end of last year. Growth in manufacturing and services slowed more than initially reported in December — weighed down by public protests in France, Germany’s continued struggles in the car industry, and renewed weakness in […]