Bloomberg The International Monetary Fund (IMF) made a fifth-straight cut to its 2019 global growth forecast, citing a broad deceleration across the world’s largest economies as trade tensions undermine the expansion. The world economy will grow 3% this year, down from 3.2% seen in July, with the 2020 estimate lowered to 3.4% from 3.5%, the fund said on Tuesday in ...

ABU DHABI / Emirates Business The Abu Dhabi International Boat Show (ADIBS) 2019 is all set to begin on Wednesday at the Abu Dhabi National Exhibition Centre (Adnec) Marina, with the participation of 284 companies and brands in the leisure marine industry. ADIBS 2019, which is organised by Abu Dhabi National Exhibitions Company, will evoke a sense of the rich ...

Bloomberg Advisers working on Saudi Aramco’s mammoth share sale may split a fee pool of as much as $450 million, according to people with knowledge of the matter, making it one of the biggest IPO pay outs globally. The oil giant is set to pay between $350 million and $450 million to a group of more than 20 banks working ...