New figures this weekend show the US economy grew at a slower than expected pace last quarter. Quarter four GDP came in at 1.9 per cent. That’s a drop from 3-and-a-half per cent the quarter before. GDP for the year is estimated at 1.6 per cent, the slowest growth in five years. However, economists are expecting stronger growth in 2017. President Donald Trump promised to lift growth to 4 per cent through tax cuts and infrastructure spending.
UAE, Montenegro to develop renewable projects under new partnership
Abu Dhabi's Masdar and Montenegro's national power utility Elektroprivreda Crne Gore have partnered to explore ways to develop large-scale renewable energy projects in the Balkan country.
UAE joins US-led Pax Silica initiative to bolster technology supply chain
The UAE has joined the US-led Pax Silica initiative that seeks to secure the AI and semiconductor supply chain, following the signing of a declaration at the Zayed National Museum in Abu Dhabi on Wednesday.
H.H. Sheikh Hamdan hails Dubai Chamber of Commerce growth milestone
Dubai’s economic momentum continues to surge, with the Dubai Chamber of Commerce announcing strong growth figures for 2025.
Netflix prepares all-cash offer for Warner Bros, source says
Netflix is preparing to make an all-cash offer for Warner Bros Discovery's studios and streaming businesses, a source familiar with the matter told Reuters on Tuesday.
UAE, Nigeria sign comprehensive economic partnership agreement
The UAE and Nigeria have signed a Comprehensive Economic Partnership Agreement (CEPA), marking a major step forward in trade and investment relations between the two countries.
