The United Kingdom's economy has shrunk for the first time in seven years.
The Office for National Statistics announced on Friday that the country's GDP at the end of June contracted 0.2 per cent compared to the previous quarter.
Fears of a recession have also grown with the pound sinking further.
Britain's new Prime Minister Boris Johnson has promised to leaving the European Union on October 31 without or without an exit agreement.
DEWA brings electricity and water services to ChatGPT
Dubai residents can now access electricity and water services by asking questions through ChatGPT, after Dubai Electricity and Water Authority (DEWA) expanded its customer support onto the AI platform.
US, India unveil interim trade framework, move closer to broad pact
The US and India have moved closer to a trade pact, releasing an interim framework that would lower tariffs, reshape energy ties and deepen economic cooperation as both countries seek to realign global supply chains.
Aldar, Dubai Holding announce next phase of strategic partnership
Aldar and Dubai Holding have expanded their landmark joint venture, adding two strategic land plots in Dubai that will deliver almost 14,000 new homes with a combined gross development value (GDV) exceeding AED 38 billion.
Dubai regulator fines investment firm AED 1.8 million over compliance issues
The Dubai Financial Services Authority has fined Ark Capital Management Limited (Dubai) $504,000 (over AED 1.85 million) for regulatory breaches.
2:00pm - 6:00pm
Brent Black has the biggest stories of the day and the stuff you might have missed.
The legendary Craig David joins The Kris Fade Show for an unforgettable chat!
The super-star and multi-award-winning singer-songwriter, Jason Derulo is bringing the heat to Dubai.
It arrived: The UAE's First Mega Music Festival at Expo City Dubai!
The boys tried their 'pick up' lines on Mais Vault and things did not go according to plan...
