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Business networking is taking centre stage

Our Correspondent / Emirates Business Aiman Kabli is CEO and founder of Lunchmatcher, a professional networking app. Prior to this Kabli has been a seasoned global HR professional with over 12 years’ experience in international staffing and human resource management. He holds an MBA in strategic management from the University of North Texas, and has recruited for large multinationals in ...

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UAE backs freezing of oil output

ABU DHABI / WAM Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy, said that the UAE supports any initiative to freeze the oil production ceiling by consensus of the members of the Organisation of Petroleum Exporting Countries, OPEC, and Russia. Several OPEC-member countries and others have recently agreed to freeze production at last January’s levels in a move ...

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Instability prompts OECD to cut 2016 growth forecast to 3%

Paris / AFP The OECD on Thursday cut its 2016 economic growth forecast to 3.0 percent from 3.3 percent owing to disappointing data, sluggish demand, weak investment and a high risk of financial instability. “Financial instability risks are substantial,” the 34-member Organisation for Economic Cooperation and Development said in its latest interim outlook, urging a strong collective response to combat ...

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