Bloomberg Raghuram Rajan has delivered some uncomfortable economic truths in a career spanning the International Monetary Fund and powerful positions in his native India. The question is whether Brexit Britain is ready to hear them from another foreign Bank of England governor. The job of stewarding the UK’s monetary policy and maintaining its financial stability has rarely been more political, ...

Dubai / WAM The UAE is the second highest regional investor in artificial intelligence (AI) over the past 10 years, investing $2.15 billion in total, according to the AI Maturity Report in the Middle East and Africa (MEA), a new study commissioned by Microsoft and conducted by Ernst & Young (EY). “The bulk of this investment went towards social media ...

DUBAI / WAM Dubai recorded a non-oil foreign trade of AED 339 billion ($92.3 billion) in the first quarter of 2019, announced Dubai customs, registering an increase of seven percent year-on-year from AED316 billion recorded during the same period last year. Exports registered the most growth, rising 30 percent to reach AED42 billion while re-exports grew seven percent to AED106 ...