The UK faces a “dangerous cocktail” of threats in its economy this year, as global oil prices slump and growth in China slows down. That’s according to Finance Minister George Osborne, who is warning that the country must not be complacent after two years of steady growth. He added that while a big drop in oil prices was good for most British consumers and businesses, it would hurt oil and gas output and investors who had lent to the sector. Tensions in the Middle East are also a worry.
Arabian Travel Market confirms revised September dates
Arabian Travel Market 2026 has been moved to September following consultations with exhibitors and the global travel industry stakeholders.
UK and GCC strike landmark trade deal
Britain said on Wednesday it had secured a trade deal with the Gulf Cooperation Council (GCC) worth $5 billion a year in the long run.
H.H. Sheikh Hamdan reviews Dubai Customs’ efforts to ensure smooth trade flow
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, UAE Deputy Prime Minister and Minister of Defence, has reviewed Dubai Customs' efforts to maintain smooth trade and supply chain operations amid global geopolitical developments.
New UAE pipeline bypassing Hormuz 50% complete, says ADNOC CEO
The UAE’s new crude oil pipeline bypassing the Strait of Hormuz is now 50 per cent complete, as the country accelerates its delivery towards 2027.
School fee payments set to become easier under new Tabby partnership
Families in the UAE can pay their children's school or university fees, transport and extra curricular activities in monthly instalments using payment app Tabby.
