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Oil dips on global growth concern

Bloomberg Crude tumbled below $52 a barrel as disappointing corporate earnings forecasts in the US stoked concern about the global economy, weighing down a market already anxious about America’s oil boom. Futures in New York dropped as much as 3.5 percent, joining the slide in equities after chip-marker Nvidia Corp and heavy-equipment company Caterpillar Inc warned of slowing global growth. ...

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Etisalat offers free upgrade to double broadband speed

Emirates Business Etisalat business and home subscribers will experience double broadband speed enabling them to implement and use advanced digital technologies in their homes and offices. The new speed upgrade is in line with Etisalat’s overall strategy of ‘driving the digital future to empower societies’ by actively initiating and implementing initiatives that will enable a digital economy and contribute towards ...

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Dubai, Hamburg explore avenues of cooperation

Dubai / WAM The Dubai Chamber of Commerce and Industry hosted a high-level delegation from Hamburg at its HQ where two sides agreed to explore pros-pects for cooperation in stra-tegic areas, including smart city solutions, autonomous transport and blockchain. Hamad Buamim, President and CEO of Dubai Chamber, stressed strong economic ties and synergies shared by Dubai and Hamburg as regional ...

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