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 ...

DUBAI / WAM The Emirates Authority for Standardisation and Metrology (ESMA), has set up an awareness workshop in Dubai targeting 250 gold, jewellery and precious metal dealers nationwide to raise awareness of Federal Law No. 11 of 2015 on the control, trade, and stamping (or marking) of precious stones and metals and its executive regulations. During the workshop, Abdullah Al ...

Abu Dhabi / WAM The Abu Dhabi National Energy Company (Taqa) has been recognised for its approach to investor relations at the Middle East Investor Relations Association (MEIRA) awards. TAQA, which operates in power and water as well as oil and gas in 11 countries, was awarded first place in the best investor relations website category at the MEIRA awards. ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, attended the second dialogue session of the Dubai Majlis on Monday. The session, held at Dubai Opera, saw the attendance of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of ...

HODEIDAH / WAM Fifty-four Houthi militias were killed, and 13 others captured during military operations carried out on Yemen’s Red Sea Coast, by joint Yemeni Resistance Forces, with the support of the Saudi-led Arab Coalition. The resistance forces launched military attacks on Houthi militia locations and sites, following the careful monitoring and surveillance of the Al-Jah lower neighbourhood, west of ...

Dubai / WAM Crown Prince of Dubai, Chairman of The Executive Council of Dubai and General Supervisor of ‘Dubai the Capital of the Islamic Economy’ initiative HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum has issued directives to hold the Islamic Economy Week from October 27 to November 1. The event is organised by the Dubai Islamic Economy Development ...

Dubai / WAM The largest real estate and investment event for the Middle East is ready to open its doors on Tuesday to thousands of investors, property experts and first-time buyers, as developers shift their focus towards projects that emphasise sophisticated and walkable, mixed-use communities that incorporate the live-work-play concept. Welcoming recognised industry brand names, Cityscape Global runs at the ...

Abu Dhabi / WAM The Federal Tax Authority (FTA), urged all registered businesses to hold on to their Tax Registration Number (TRN), as well as the email address and password used to sign up for the system, without which they would not be able to undertake any tax-related transactions on the e-Services portal. In a press statement issued today, the ...

Dubai / WAM Dubai Investments has announced that it will be showcasing its real estate projects portfolio at Cityscape Global 2018, that is set to take place at the Dubai World Trade Centre from October 2-4. Dubai Investments will showcase Mirdif Hills, a mixed-use, residential, commercial, and retail development by DIRC and the only freehold development currently in Mirdif. The ...

ABU DHABI / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance, has said that the late Sheikh Zayed bin Sultan Al Nahyan, the UAE’s Founding Father, has consolidated this nation’s belief in a culture of nonviolence, in its comprehensive sense, which also reflects the country’s core values. In a statement released on the occasion of ‘International Day of ...