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.
UAE backs closer tourism cooperation at BRICS meeting
The UAE has backed plans to strengthen tourism cooperation between BRICS countries at a ministerial meeting in Jaipur, India.
Abu Dhabi DoE expands tech partnerships during US visit
A delegation from Department of Energy - Abu Dhabi (DoE) has concluded an official visit to the United States aimed at expanding partnerships in energy and water innovation, regulation and advanced technology.
US, Canada fail to reach a tariff deal, deepen trade war
The United States and Canada have failed to reach a trade deal late on Friday, and the US said it would impose 50 per cent tariffs on some imports from Canada, an escalation of tensions between the two long-time allies.
Hudayriyat Island tops Abu Dhabi property sales
Hudayriyat Island has topped Abu Dhabi’s real estate market in sales value for a second consecutive quarter.
China launches biggest ever auto recall campaign over door handle safety
Eleven carmakers, including Tesla and Xiaomi, launched software updates and vehicle recalls on Friday, the companies said, in China's largest-ever automotive recall campaign, as regulators tighten scrutiny of emergency door-release systems in EVs.
