The International Monetary Fund has once again cut the world economic outlook. In the latest quarterly update the IMF put global growth at 3.2% this year, down from January's more optimistic projection of 3.4% In Washington Kevin McAleese reports...
Search Dubai Eye 103.8
IMF slashes global growth outlook, warns against 'derailing recovery'
More from Business
-
UAE, Argentina launch CEPA negotiations
The UAE and Argentina have announced the launch of negotiations for a Comprehensive Economic Partnership Agreement (CEPA), marking a new step in efforts to deepen trade and investment relations.
-
Meraas awards AED 1 billion contract for Nad Al Sheba Gardens expansion
Meraas, part of Dubai Holding Real Estate, has awarded a contract worth nearly AED 1 billion to GCC Contracting to build 272 villas and townhouses in Phase 7 of Nad Al Sheba Gardens.
-
Meta launches AI gadget Charm as race for post-smartphone hardware heats up
Meta CEO Mark Zuckerberg on Wednesday has unveiled a small handheld gadget called Meta Charm for using its new Muse AI assistant, taking the company's hardware efforts beyond its successful smart glasses.
-
UAE Central Bank sanctions Bank Melli Iran over compliance breaches
The Central Bank of the UAE has imposed strict enforcement measures on the UAE branches of Bank Melli Iran following violations of regulatory requirements, including legislation related to anti-money laundering and combating the financing of terrorism and proliferation financing.
-
India-New Zealand free trade pact to come into force on October 20
A free trade agreement between India and New Zealand, signed in April, will come into force on October 20, Indian trade minister Piyush Goyal said on Monday, as New Delhi seeks to boost exports and attract investment amid shifts in global trade.
Coming Up on Dubai Eye
-
Motor Mania
10:00am - Noon
-
The Best of Dubai Eye 103.8Noon - 4:00pm
Hear the highlights from the week gone by on Dubai Eye 103.8. Listen again to the best interviews, advice and the top stories that has gripped our conversation this week.
BUSINESS BREAKFAST LATEST
-
UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the USAUAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
-
New iPhone Launch - Too Soon For Apple?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?
-
Working From Home or Hardly Working?Does working from home kill productivity or can it benefit staff by giving them more flexibility and a better work/life balance?
On Dubai Eye
-
Is There Sufficient House Supply In UAEDubai’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?
-
Noon's First Female Delivery DriverGlory 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!
