International Monetary Fund (IMF) Managing Director Christine Lagarde believes global economic growth next year will be ‘disappointing’ and uneven. Lagarde was quoted by a German newspaper saying the financial sector in many countries still has weaknesses, while the financial risks in emerging markets are increasing. She added that low productivity, aging populations and the effects of the global financial crisis will likely slow down growth in the medium and long term.
DP World attracts over AED 854 million in investments at Jafza
DP World has attracted AED 854 million in investments across Jebel Ali Free Zone (Jafza) in the first four months of 2026, underlining continued investor demand for Dubai’s trade and industrial hub.
OpenAI defeats Elon Musk's lawsuit, removes obstacle to IPO
A US jury on Monday has ruled against Elon Musk in his lawsuit against OpenAI, finding the artificial intelligence company not liable to the world's richest person for having allegedly strayed from its original mission to benefit humanity.
Dubai Holding announces Microsoft collaboration ahead of major AI shift
Dubai Holding has announced a collaboration with Microsoft to embed artificial intelligence (AI) at the core of its future operations.
Abu Dhabi Ports Group awarded AED735 million container terminal contracts
Abu Dhabi Ports Group has announced being awarded three contracts worth a combined value of AED735 million for the design and construction of a container terminal to Ports of Nouatom - Pointe Noire Terminal in the Republic of Congo.
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