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.
Emirates takes delivery of its first A350
Emirates is marking a major milestone today with the delivery of its first Airbus A350 aircraft.
Morgan Stanley to move regional HQ to Riyadh
US-based investment bank Morgan Stanley has acquired regulatory approval to move its regional headquarters to Riyadh as the Kingdom increasingly attracts global companies.
AD first in MENA to implement 'Enhanced Transparency Framework'
The Environment Agency – Abu Dhabi, (EAD) has announced that Abu Dhabi will be the first in the Middle East and North Africa (MENA) region to implement the Enhanced Transparency Framework (ETF) on a subnational level, following last year’s national level launch by the Ministry of Climate Change and Environment (MOCCAE).
COP29 unlocks international carbon markets
The COP29 Presidency announced on Saturday the end of the decade-long wait for the conclusion of negotiations on high integrity carbon markets under Article 6 of the Paris Agreement.
Adani CFO says US charges linked to only one business contract
A US bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green Energy that makes up some 10 per cent of its business, and no other firms in the conglomerate are accused of wrongdoing, the group's CFO said on Saturday.
The National Center of Meteorology (NCM) warned of potential dust storms and rainfall from Wednesday through Friday.
The world's largest mosaic art installation, the 'Zayed and Rashid Mural', has been unveiled in Hatta.
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, will begin an official visit to Bahrain on Tuesday.
