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Top companies ink deals with innovative start-ups

DUBAI / WAM Dubai Startup Hub, an initiative of the Dubai Chamber of Commerce and Industry, announced the signing of several deals among three UAE-based companies, namely Emirates NBD, Nikai Group, and Sanofi, and start-ups that were selected as winners of the Market Access programme’s second cycle. A total of four memoranda of understanding (MoUs), were unveiled during a deal-signing ...

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UAE, Singapore to boost maritime cooperation

ABU DHABI / WAM Ahmed Mohammed Sharif Al Khouri, Director-General of the Federal Transport Authority – Land and Maritime (FTA), on Monday received Samuel Tan, Ambassador of Singapore to the UAE, and discussed the means of strengthening the cooperation between both sides and exchanging expertise, especially in the land and maritime sectors, as well as benefitting from the latest practices. ...

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World growth outlook dimming as trade war escalates: Lagarde

Bloomberg The International Monetary Fund (IMF) is poised to cut its forecast for global growth as Managing Director Christine Lagarde warns trade wars and tighter credit are darkening the outlook. Three months since predicting the world economy would grow 3.9 percent this year and next, Lagarde signaled in Washington that she is no longer quite so optimistic. The fund will ...

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