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...
Wednesday, 13 April 2016 09:12
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...

World Bank approves $700 million for Pakistan's economic stability
The World Bank said it has approved $700 million in financing for Pakistan under a multi-year initiative aimed at supporting the country's macroeconomic stability and service delivery.
China's ByteDance signs deal to form joint venture to operate TikTok US app
TikTok's Chinese owner, ByteDance, has said it has signed agreements with three major investors to form a joint venture to operate TikTok's US app led by American and global investors on Thursday.
India reviewing allegations of antitrust breaches by IndiGo
India's competition regulator said on Thursday it was reviewing allegations of antitrust violations by budget airline IndiGo following recent flight disruptions that hit air travel nationwide.
DXB and DWC boost winter schedules with new routes
Dubai Airports has entered the winter travel season with one of its strongest networks in history, as Dubai International (DXB) and Dubai World Central - Al Maktoum International (DWC) welcome new airlines and expanded connectivity to meet rising seasonal travel demand.
Amazon in talks to invest in OpenAI
Amazon.com Inc is in discussions to invest in OpenAI, the developer of ChatGPT, in a potential deal that could value the artificial intelligence company at over $500 billion, a source familiar with the matter said on Tuesday.
The UAE has become the second country in the world to approve the use of Itvisma to treat spinal muscular atrophy (SMA) in eligible adults and children aged two years and above.
The National Centre of Meteorology (NCM) is forecasting partly cloudy to cloudy conditions at times on Saturday, with the chance of convective cloud formation and rainfall in some areas — particularly across the northern and eastern regions.
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has spoken by phone with Sri Lankan President Anura Kumara Dissanayake, who expressed gratitude for the UAE’s humanitarian support to communities affected by recent floods.