Israeli economy reels as GDP shrinks by 20% amid Gaza war
Israel's gross domestic product (GDP) took a significant hit, contracting by nearly 20% in the fourth quarter of 2023, according to official figures released recently....
Month : February 2024
Beyond the ‘Magnificent 7’ Analysts eye shifts in market dynamics
A recent Deutsche Bank report has shed light on the staggering financial clout wielded by the U.S. tech giants collectively dubbed the "Magnificent 7." These...
Sony’s stock plummets by $10 billion as PS5 sales forecast dips
Sony's stock faced a staggering blow, shedding approximately $10 billion in value within the week, following the tech giant's decision to revise down its sales...
Prominent UAE diplomat and scholar, Dr Al Mansoori passes away
Dr. Ibrahim Al Ghais Al Mansoori, a distinguished scholar and former diplomat of the United Arab Emirates, passed away on February 14, 2024, Shaa’ban 4th,...
How the plastic industry fooled us for decades exposed
A recent report reveals that, for decades, the plastics industry has been aware that recycling their products is not a viable environmental solution, yet continued...
UAE foreign minister meets UNESCO director general
In a bid to strengthen collaboration between the United Arab Emirates (UAE) and the United Nations Educational, Scientific and Cultural Organisation (UNESCO), Sheikh Abdullah bin...
Japan slips to fourth-largest economy as recession hits
Japan, a former economic powerhouse, has been displaced from its longstanding position as the world's third-largest economy by Germany. This significant shift in global economic...
PM Modi and Sheikh Mohammed unveil plans for Bharat Mart
Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime Minister, and Ruler of Dubai, alongside Prime Minister Narendra Modi of India, marked a significant...
Experts outline key strategies to combat heart attack epidemic
In the United States, a heart attack occurs every 40 seconds, spotlighting a critical public health crisis. Despite the alarming frequency, experts assert that the...
UAE president warmly welcomes Indian PM Modi in Abu Dhabi
Prime Minister Narendra Modi of India has arrived in Abu Dhabi for a significant visit to the UAE, where he will partake in the esteemed...