Bloomberg Central banks enter the new year under pressure from investors to rethink just how aggressive they can be hiking interest rates. A slowdown in the world economy, the trade war and skittish financial markets are forcing policy makers including Federal Reserve Chairman Jerome Powell to express fresh caution about their scope for tightening monetary policy. The People’s Bank of ...

DUBAI / WAM The UAE is forecast to achieve an average real GDP growth rate of 3.8% between 2019 and 2023, supported by an increase in investment flows and private consumption, according to new analysis from Dubai Chamber of Commerce and Industry. The findings of the analysis, based on the Dubai Chamber UAE Macroeconomic Model, were revealed during a business ...

DUBAI / WAM During its meeting at the headquarters of the Federal National Council (FNC), General Secretariat in Dubai, the FNC Technical, Energy, and Mineral Resources Affairs Committee, chaired by Mohammed Ali Al Kamali, Chairman of the Committee, continued discussing a draft law on regulating the space sector, which includes 55 articles. Al Kamali said the committee discussed the law ...