Fitch Ratings has downgraded Hong Kong’s long-term foreign currency issuer default rating.
The global credit rating agency has reduced the Asian financial hub's standing from AA+ to AA.
It comes after more than three months of unrest in the city.
In a statement, Fitch Ratings said Hong Kong’s rating outlook is "negative."
Dubai secures Canva regional headquarters in new tech partnership
Dubai is set to host Canva’s regional headquarters, strengthening the emirate’s growing role as a major hub for digital innovation and creative technology.
DIFC delivers record 2025 results
Dubai International Financial Centre (DIFC) has posted landmark annual results, reinforcing Dubai’s position as the leading global financial hub across the Middle East, Africa and South Asia.
Pakistan must create 30 million jobs over next decade, World Bank president says
Pakistan must create up to 30 million jobs over the next decade to turn its youth bulge into an economic dividend or risk instability and outward migration, World Bank President Ajay Banga said in an interview with Reuters.
Ghana seeks to deepen strategic investment, innovation ties with UAE
Ghana considers the UAE a strategic partner in its development journey, particularly in economic growth and infrastructure reform, Lydia Lamisi Akanvariba, Minister of State for Public Sector Reform of Ghana, said at the World Governments Summit.
UAE partners with World Economic Forum to fast-track industrial transformation
The UAE has signed a partnership with the Ministry of Industry and Advanced Technology (MoIAT) and the World Economic Forum (WEF), aimed at accelerating the digital and technological transformation of the country’s manufacturing sector.
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UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
Does working from home kill productivity or can it benefit staff by giving them more flexibility and a better work/life balance?
Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?
Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!
