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 to get 100 Primary Care facilities by 2030
Aster Clinics UAE has announced plans to expand its network from 85 to over 100 facilities across the UAE by 2030, with a commitment to invest AED 100 million and increase staff strength to 4,100 across the country.
DEWA discusses expanding international operations in UK
Dubai Electricity and Water Authority's (DEWA) international branch visited London this week to meet with senior leadership from ING and Actis.
Australia plans first domestic oil refinery in 60 years to boost fuel security
Australia will consider building its first new oil refinery in more than 60 years, Prime Minister Anthony Albanese said on Tuesday, as war in the Middle East squeezes supplies from overseas and underscores the urgency to improve energy security.
UAE looks to deepen trade ties with Canada during Toronto visit
The UAE is looking to strengthen trade and investment ties with Canada following a visit to Toronto by Minister of Foreign Trade Dr Thani bin Ahmed Al Zeyoudi.
DEWA International explores partnerships with French energy firms
DEWA International has held talks with several leading French energy companies as it looks to expand its global presence following its launch last month.
