The United Kingdom's economy has shrunk for the first time in seven years.
The Office for National Statistics announced on Friday that the country's GDP at the end of June contracted 0.2 per cent compared to the previous quarter.
Fears of a recession have also grown with the pound sinking further.
Britain's new Prime Minister Boris Johnson has promised to leaving the European Union on October 31 without or without an exit agreement.
UAE-Korea business forum shines spotlight on high-growth sectors
The UAE-Korea Business and Investment Forum was held in Seoul on Tuesday, on the sidelines of President His Highness Sheikh Mohamed bin Zayed Al Nahyan's official visit to South Korea.
Alef Education to raise up to $515 million in stock market float
Alef Education Holding plc has announced the price range for the sale of its shares and the start of the subscription period for its Initial Public Offering (IPO) on the Abu Dhabi Securities Exchange (ADX).
UAE roads best in region, says World Economic Forum
The UAE ranked first among Arab countries and fifth globally for the quality of its roads, according to the Travel and Tourism Development Index 2024 issued by the World Economic Forum.
UAE's industrial sustainability highlighted at 'Make It In The Emirates' forum
The Federal Regulation for Energy Management in Industrial Facilities, the first regulation of its kind in the industrial sector, which aims to reduce energy consumption and accelerate decarbonisation, was a focus of discussions on day one of the "Make It in The Emirates" (MIITE) forum in Abu Dhabi.
AED 702m returned to buyers of stalled real estate project
A court in Abu Dhabi has settled 822 execution files, worth AED 702 million, over a paused real estate project in the UAE capital.
8:00pm - 11:00pm
Musicians and music, entertainers and entertainment, industry gossip and songs selected by you, get ready to bring your night time to life! Every evening from eight, Mark Lloyd brings you an energetic mix of local and international content and contests, featuring an array of celebrity interviews and entertaining anecdotes. Get involved in the show and pick your favourite jukebox hits, every night from 8pm - 11pm.
11:00pm - 6:00am
Dubai Eye complements the conversation with the music you love from the eighties, nineties and newer.
Dubai Duty Free executive vice chairman and CEO, Colm McLoughlin, announced that he will be stepping down from his role after 55 years in the travel retail industry and 41 years of leadership at Dubai Duty Free. Colm joined the Business Breakfast to reflect on his epic career.
78% of AI users are now bringing their own AI tools to work, but what does this mean for employers? Zubin Chagpar, Senior Director and Business Group Leader, Modern Work and Surface Devices, Microsoft CEMA tells us more.
ADNOC Drilling's CFO, Youssef Salem, Chief Financial Officer, gives us insight into their 26% rise in Q1 net profit.
It sounds like an episode of The Jetsons, but the sight of flying taxis whizzing around our cities could be much closer than you think.
The UAE has said that tougher penalties will come into force from 1st August for not keeping proper corporate tax records.
