The Gulf is set for more financial turbulence if the oil price doesn’t increase soon. That’s the word from financial services experts Standard & Poor's in their latest report. They say restraints on oil and gas prices have steered the GCC into an environment marked by weakening economic growth. The report’s economic projections for the GCC reflect a 2% decline in GDP growth for 2015 when compared to 2014.
UAE advances agentic AI project targeting 50% of government operations
The UAE has launched the strategic phase of its agentic AI project, which aims to convert 50 per cent of federal government operations, services and tasks to AI-driven models within two years.
Dubai Business Forum – China to be held in Shenzhen in October
Dubai Chambers will host the Dubai Business Forum – China in Shenzhen on October 14, bringing together government officials, business leaders and investors from the two markets.
UAE-BRICS non-oil trade tops $312 billion
UAE Minister of Foreign Trade Dr Thani bin Ahmed Al Zeyoudi has taken part in a meeting of BRICS trade ministers in Jaipur, India, focused on strengthening trade and economic cooperation between member countries.
ADNOC affirms commitment to meeting customer requirements despite challenges
ADNOC says it remains focused on meeting customer needs despite challenging circumstances, following unprovoked attacks targeting its people and assets.
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