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Economy Politics Local 2025-11-20T07:10:23+00:00

IMF Forecasts Weakest Growth Since 2009

The IMF forecasts growth of the world's largest economies by 2.9% in 2030. This is the lowest figure since the global financial crisis.

IMF Forecasts Weakest Growth Since 2009

The International Monetary Fund (IMF) said on Wednesday that the world's top 20 economies will grow by only 2.9% in 2030 amid uncertainty and protectionist policies. This represents the IMF's weakest medium-term forecasts since the 2009 global financial crisis.

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Dubai Airports Considers Removing Check-in for Hand-Baggage-Only Travelers
2025-11-20T07:34:00+00:00

Dubai Airports Considers Removing Check-in for Hand-Baggage-Only Travelers

Dubai Airports is considering eliminating check-in for passengers with only carry-on luggage to create a faster, more seamless experience. CEO Paul Griffiths says this move will respect passengers' time and quadruple airport capacity without new construction.
Economy Events Local
Dubai Court Overturns Cheque Fraud Conviction Due to Expiry of Statute of Limitations
2025-11-20T07:20:40+00:00

Dubai Court Overturns Cheque Fraud Conviction Due to Expiry of Statute of Limitations

The Dubai Court of Appeal has quashed a one-year prison sentence for issuing Dh7.4 million in bad cheques, ruling the case time-barred. The court found the statute of limitations had expired, as the prescribed five-year period for misdemeanors passed before the case was filed.
Politics Economy Local
EU Announces Measures to Reduce Regulatory Burden in AI
2025-11-20T07:11:18+00:00

EU Announces Measures to Reduce Regulatory Burden in AI

The European Union announced a series of measures to reduce the regulatory burden in AI and data, aiming to boost Europe's competitiveness while ensuring citizen and consumer rights are protected.
Politics Economy Local
Billionaires earned enough to end poverty
2025-11-20T07:10:27+00:00

Billionaires earned enough to end poverty

Oxfam reported that the collective wealth of billionaires in the world's largest economies reached $2.2 trillion last year. According to experts, this sum would have been enough to completely solve the problem of poverty on the planet.
Economy Health Local