• About
  • Careers
  • Advertise
  • Privacy policy
  • Contact
Sunday, June 1, 2025
  • Login
  • Register
No Result
View All Result
Dubai News Today | أخبار دبي اليوم
Advertisement
  • Haramain
    The holy city of Mecca was flooded by heavy rains

    The holy city of Mecca was flooded by heavy rains

    Saudi has a strong message to Pakistan not to send beggars in the guise of pilgrims

    Saudi has a strong message to Pakistan not to send beggars in the guise of pilgrims

    Dubai Police Fully Sponsors 60 Employees and Retirees for Umrah

    Dubai Police Fully Sponsors 60 Employees and Retirees for Umrah

    Umrah visa will be available in 24 hours

    Umrah visa will be available in 24 hours

    The custodian of the keys of the Holy Kaaba has passed away

    The custodian of the keys of the Holy Kaaba has passed away

    Death toll due to extreme heat tops 1,000; Hajj 2024

    Death toll due to extreme heat tops 1,000; Hajj 2024

  • UAE
    • All
    • Abu Dhabi
    • Ajman
    • Dubai
    • Fujairah
    • Ras Al Khaimah
    • Sharjah
    • Umm Al Quwain
    UAE Confirms First Day of Eid Al Adha 2025

    UAE Confirms First Day of Eid Al Adha 2025

    UAE Central Bank Stops Banks from Raising Minimum Balances

    UAE Central Bank Stops Banks from Raising Minimum Balances

    Latifa bint Mohammed meets with Lebanon’s Ministers of Culture, Information at Arab Media Summit

    Latifa bint Mohammed meets with Lebanon’s Ministers of Culture, Information at Arab Media Summit

    “Sightings Called: UAE Asks Public to Look for Dhu Al Hijjah Crescent on May 27 Ahead of Eid Al Adha 2025”

    “Sightings Called: UAE Asks Public to Look for Dhu Al Hijjah Crescent on May 27 Ahead of Eid Al Adha 2025”

    United Arab Emirates announces possible date for Eid al-Adha

    United Arab Emirates announces possible date for Eid al-Adha

    • Abu Dhabi
    • Dubai
    • Sharjah
    • Ajman
    • Umm Al Quwain
    • Ras Al Khaimah
    • Fujairah
  • World
    • All
    • Africa
    • Asia
    • Europe
    • Middle East
    • United States
    UAE Confirms First Day of Eid Al Adha 2025

    UAE Confirms First Day of Eid Al Adha 2025

    UAE Central Bank Stops Banks from Raising Minimum Balances

    UAE Central Bank Stops Banks from Raising Minimum Balances

    Latifa bint Mohammed meets with Lebanon’s Ministers of Culture, Information at Arab Media Summit

    Latifa bint Mohammed meets with Lebanon’s Ministers of Culture, Information at Arab Media Summit

    UAE Jewellers Unveil World’s Largest Gold Frame, a Dazzling Tribute to Sheikh Zayed and Iconic Landmarks

    UAE Jewellers Unveil World’s Largest Gold Frame, a Dazzling Tribute to Sheikh Zayed and Iconic Landmarks

    “Sightings Called: UAE Asks Public to Look for Dhu Al Hijjah Crescent on May 27 Ahead of Eid Al Adha 2025”

    “Sightings Called: UAE Asks Public to Look for Dhu Al Hijjah Crescent on May 27 Ahead of Eid Al Adha 2025”

    Iran threatens Israel with letter

    Iran threatens Israel with letter

    • Asia
    • Africa
    • Europe
    • Middle East
    • United States
      • Canada
  • Business
    • All
    • Economy
    • Finance
    • Start Up & Inauguration
    • Trade
    UAE Central Bank Stops Banks from Raising Minimum Balances

    UAE Central Bank Stops Banks from Raising Minimum Balances

    Sharjah Chamber highlights Sectoral Business Groups’ role as key partners in driving private sector growth

    Sharjah Chamber highlights Sectoral Business Groups’ role as key partners in driving private sector growth

    Israel may attack Iran, oil prices rise

    Israel may attack Iran, oil prices rise

    UAE Banks to Implement Higher Minimum Balance Requirements in June

    UAE Banks to Implement Higher Minimum Balance Requirements in June

    Al-Haramain Perfumes CEO receives Golden Excellence Award and Fragrance of the Year Award

    Al-Haramain Perfumes CEO receives Golden Excellence Award and Fragrance of the Year Award

    “Global Powerhouses Unite: Abu Dhabi Crown Prince, US President Forge Future at Business Dialogue”

    “Global Powerhouses Unite: Abu Dhabi Crown Prince, US President Forge Future at Business Dialogue”

    • Economy
    • Finance
    • Trade
    • Start Up & Inauguration
  • Politics
    • All
    • Border & War
    • Election
    • Events
    Latifa bint Mohammed meets with Lebanon’s Ministers of Culture, Information at Arab Media Summit

    Latifa bint Mohammed meets with Lebanon’s Ministers of Culture, Information at Arab Media Summit

    Iran threatens Israel with letter

    Iran threatens Israel with letter

    China firmly stands by Pakistan’s sovereignty

    China firmly stands by Pakistan’s sovereignty

    Israel may attack Iran, oil prices rise

    Israel may attack Iran, oil prices rise

    Trump-Putin 2-hour phone call, agree to compromise Moscow

    Trump-Putin 2-hour phone call, agree to compromise Moscow

    Israeli bombardment of Gaza death 43 more

    Israeli bombardment of Gaza death 43 more

    • Events
    • Election
    • Border & War
  • Law’s
    • All
    • Court & Legal
    • Crime
    • Police & Traffics
    • Visa & Immigration
    Mother sues Google, AI over son’s suicide

    Mother sues Google, AI over son’s suicide

    Two Israeli embassy workers shot dead in Washington

    Two Israeli embassy workers shot dead in Washington

    A woman married 25 men and cheated

    A woman married 25 men and cheated

    UAE Cracks Down: Emiratisation Compliance Checks Begin July 1 for Private Firms

    UAE Cracks Down: Emiratisation Compliance Checks Begin July 1 for Private Firms

    Saudi Arabia launches crackdown on illegal immigrants, arrests 15,000

    Saudi Arabia launches crackdown on illegal immigrants, arrests 15,000

    Sharjah Police Investigate Abandoned Baby Found Near Trash

    Sharjah Police Investigate Abandoned Baby Found Near Trash

    • Court & Legal
    • Crime
    • Police & Traffics
    • Visa & Immigration
  • Education
    GETEX 2025 Closes on a High Note, Reinforcing Its Status as the Middle East’s Leading Higher Education Fair

    GETEX 2025 Closes on a High Note, Reinforcing Its Status as the Middle East’s Leading Higher Education Fair

    Up to 5-day weekend in some schools as Diwali holiday in UAE

    Up to 5-day weekend in some schools as Diwali holiday in UAE

    Bangladeshi girl Maymuna in international Quran competition in Malaysia

    Bangladeshi girl Maymuna in international Quran competition in Malaysia

    Dubai student Rahul Nambiar to expand his award-winning EdTech Startup, Jochi, to Dubai and beyond

    Dubai student Rahul Nambiar to expand his award-winning EdTech Startup, Jochi, to Dubai and beyond

    Imran Khan’s application to be the chancellor of Oxford

    Imran Khan’s application to be the chancellor of Oxford

    OpenAI releases ChatGPT’s hyper-realistic voice

    OpenAI releases ChatGPT’s hyper-realistic voice

    Violent clashes over quota system in government jobs leave scores injured & 2 kiled in Bangladesh

    BCL (Bangladesh Chatra Leage) leaders resign for attacks on quota protesters

    With 6 dead & all educational institutes closed; irrational quota based public service recruitment in Bangladesh

    With 6 dead & all educational institutes closed; irrational quota based public service recruitment in Bangladesh

    Violent clashes over quota system in government jobs leave scores injured & 2 kiled in Bangladesh

    Violent clashes over quota system in government jobs leave scores injured & 2 kiled in Bangladesh

  • Technology
    • All
    • Gaming
    • Science
    • Tech
    Mother sues Google, AI over son’s suicide

    Mother sues Google, AI over son’s suicide

    Sigma Enterprises takes leadership role by bringing the latest Swiss robotics and drone technology to the GCC

    Sigma Enterprises takes leadership role by bringing the latest Swiss robotics and drone technology to the GCC

    FancyTech debuts in MENA to empower brands with scalable, on-brand content through GenAI

    FancyTech debuts in MENA to empower brands with scalable, on-brand content through GenAI

    Arabia CSR Network Announces The Launch of the 18th Cycle of the“Arabia CSR & Sustainability Awards”

    Arabia CSR Network Announces The Launch of the 18th Cycle of the“Arabia CSR & Sustainability Awards”

    Dubai Police Invests in Smart Technology to Boost Public Safety

    Dubai Police Invests in Smart Technology to Boost Public Safety

    Putin praises BRICS as Western ‘perverse methods’ counterweight

    Putin seeks to rival Western power with high-profile summit

    Putin seeks to rival Western power with high-profile summit

    Pay driving license renewal and fine in installments from next week in Dubai

    Pay driving license renewal and fine in installments from next week in Dubai

    Abu Dhabi to Dubai in just 57 minutes by Etihad passenger train

    Abu Dhabi to Dubai in just 57 minutes by Etihad passenger train

    • Science
    • Tech
    • Gaming
  • Lifestyle
    • All
    • Fashion
    • Food
    • Health
    • Travel
    Hailstorm breaks IndiGo plane’s ‘nose’

    Hailstorm breaks IndiGo plane’s ‘nose’

    UAE Ministry Issues Warning About Hidden Salt in Foods

    UAE Ministry Issues Warning About Hidden Salt in Foods

    The Unbreakable Bond: Honoring the Love and Sacrifice of Mothers

    The Unbreakable Bond: Honoring the Love and Sacrifice of Mothers

    New Horizon in Dubai Inauguration of Gold Jewelry and Lifestyle Hub

    New Horizon in Dubai Inauguration of Gold Jewelry and Lifestyle Hub

    Connecting Farmers to Global Markets & Expanding Agri-Trade Horizons; Meghalaya’s Trade Mission to Dubai

    Connecting Farmers to Global Markets & Expanding Agri-Trade Horizons; Meghalaya’s Trade Mission to Dubai

    Vincitore Realty delivers Dubai’s first Luxury Wellness Residential Landmark, pioneering a new chapter in Wellness-Inspired living

    Vincitore Realty delivers Dubai’s first Luxury Wellness Residential Landmark, pioneering a new chapter in Wellness-Inspired living

    UAE’s Mulk International and India’s Ajeenkya DY Patil Group forge landmark partnership to the tune of Dh100m to launch region’s first large-scale virtual hospital of its kind

    UAE’s Mulk International and India’s Ajeenkya DY Patil Group forge landmark partnership to the tune of Dh100m to launch region’s first large-scale virtual hospital of its kind

    Biongevity launches world’s first AI-powered longevity app and Longevity Fitness Challenge in line with the UAE’s Vision 2031

    Biongevity launches world’s first AI-powered longevity app and Longevity Fitness Challenge in line with the UAE’s Vision 2031

    Danube Home elevates outdoor living spaces with its modern, stylish furniture and customisation services

    Danube Home elevates outdoor living spaces with its modern, stylish furniture and customisation services

    • Health
    • Fashion
    • Travel
    • Food
  • Entertainment
    • All
    • Event & Shows
    • Movie
    • Music
    “Sightings Called: UAE Asks Public to Look for Dhu Al Hijjah Crescent on May 27 Ahead of Eid Al Adha 2025”

    “Sightings Called: UAE Asks Public to Look for Dhu Al Hijjah Crescent on May 27 Ahead of Eid Al Adha 2025”

    Honoring a Legend: Ayman Zidan’s Enduring Legacy in Arab Arts

    Honoring a Legend: Ayman Zidan’s Enduring Legacy in Arab Arts

    The pull of one’s own culture and roots increases their morale and mental strength even in distant lands

    The pull of one’s own culture and roots increases their morale and mental strength even in distant lands

    China’s first police dog accused of stealing sausages

    China’s first police dog accused of stealing sausages

    The Unbreakable Bond: Honoring the Love and Sacrifice of Mothers

    The Unbreakable Bond: Honoring the Love and Sacrifice of Mothers

    GETEX 2025 Closes on a High Note, Reinforcing Its Status as the Middle East’s Leading Higher Education Fair

    GETEX 2025 Closes on a High Note, Reinforcing Its Status as the Middle East’s Leading Higher Education Fair

    Bangladesh Celebrates 54th Independence and National Day in Dubai

    Bangladesh Celebrates 54th Independence and National Day in Dubai

    Joyful Celebration of Bengali New Year and Baishakhi Festival Organized by the Embassy in Abu Dhabi

    Joyful Celebration of Bengali New Year and Baishakhi Festival Organized by the Embassy in Abu Dhabi

    Bangladesh Celebrates Independence and National Day with Grandeur in Abu Dhabi

    Bangladesh Celebrates Independence and National Day with Grandeur in Abu Dhabi

    • Music
    • Movie
    • Event & Shows
  • Sports
    • All
    • Athletes
    • Cricket
    • Football
    • Golf
    • Horse Racing
    • Olympic
    • Tennis
    Bangladesh’s shame of losing the series to the Emirates

    Bangladesh’s shame of losing the series to the Emirates

    Several changes may be made to the Bangladesh team to save the series

    Several changes may be made to the Bangladesh team to save the series

    AKCEL GP partners with Formula 3 racer James Hedley as part of a strategy to support emerging racing talents

    AKCEL GP partners with Formula 3 racer James Hedley as part of a strategy to support emerging racing talents

    AKCEL GP plans to make UAE an international hub of Motorsports

    AKCEL GP plans to make UAE an international hub of Motorsports

    UAE to face Qatar tomorrow in FIFA World Cup qualifiers

    UAE to face Qatar tomorrow in FIFA World Cup qualifiers

    Neymar returns for Al Hilal in Al Ain thriller

    Neymar returns for Al Hilal in Al Ain thriller

    • Football
    • Cricket
    • Athletes
    • Tennis
    • Olympic
    • Horse Racing
    • Golf
  • Haramain
    The holy city of Mecca was flooded by heavy rains

    The holy city of Mecca was flooded by heavy rains

    Saudi has a strong message to Pakistan not to send beggars in the guise of pilgrims

    Saudi has a strong message to Pakistan not to send beggars in the guise of pilgrims

    Dubai Police Fully Sponsors 60 Employees and Retirees for Umrah

    Dubai Police Fully Sponsors 60 Employees and Retirees for Umrah

    Umrah visa will be available in 24 hours

    Umrah visa will be available in 24 hours

    The custodian of the keys of the Holy Kaaba has passed away

    The custodian of the keys of the Holy Kaaba has passed away

    Death toll due to extreme heat tops 1,000; Hajj 2024

    Death toll due to extreme heat tops 1,000; Hajj 2024

  • UAE
    • All
    • Abu Dhabi
    • Ajman
    • Dubai
    • Fujairah
    • Ras Al Khaimah
    • Sharjah
    • Umm Al Quwain
    UAE Confirms First Day of Eid Al Adha 2025

    UAE Confirms First Day of Eid Al Adha 2025

    UAE Central Bank Stops Banks from Raising Minimum Balances

    UAE Central Bank Stops Banks from Raising Minimum Balances

    Latifa bint Mohammed meets with Lebanon’s Ministers of Culture, Information at Arab Media Summit

    Latifa bint Mohammed meets with Lebanon’s Ministers of Culture, Information at Arab Media Summit

    “Sightings Called: UAE Asks Public to Look for Dhu Al Hijjah Crescent on May 27 Ahead of Eid Al Adha 2025”

    “Sightings Called: UAE Asks Public to Look for Dhu Al Hijjah Crescent on May 27 Ahead of Eid Al Adha 2025”

    United Arab Emirates announces possible date for Eid al-Adha

    United Arab Emirates announces possible date for Eid al-Adha

    • Abu Dhabi
    • Dubai
    • Sharjah
    • Ajman
    • Umm Al Quwain
    • Ras Al Khaimah
    • Fujairah
  • World
    • All
    • Africa
    • Asia
    • Europe
    • Middle East
    • United States
    UAE Confirms First Day of Eid Al Adha 2025

    UAE Confirms First Day of Eid Al Adha 2025

    UAE Central Bank Stops Banks from Raising Minimum Balances

    UAE Central Bank Stops Banks from Raising Minimum Balances

    Latifa bint Mohammed meets with Lebanon’s Ministers of Culture, Information at Arab Media Summit

    Latifa bint Mohammed meets with Lebanon’s Ministers of Culture, Information at Arab Media Summit

    UAE Jewellers Unveil World’s Largest Gold Frame, a Dazzling Tribute to Sheikh Zayed and Iconic Landmarks

    UAE Jewellers Unveil World’s Largest Gold Frame, a Dazzling Tribute to Sheikh Zayed and Iconic Landmarks

    “Sightings Called: UAE Asks Public to Look for Dhu Al Hijjah Crescent on May 27 Ahead of Eid Al Adha 2025”

    “Sightings Called: UAE Asks Public to Look for Dhu Al Hijjah Crescent on May 27 Ahead of Eid Al Adha 2025”

    Iran threatens Israel with letter

    Iran threatens Israel with letter

    • Asia
    • Africa
    • Europe
    • Middle East
    • United States
      • Canada
  • Business
    • All
    • Economy
    • Finance
    • Start Up & Inauguration
    • Trade
    UAE Central Bank Stops Banks from Raising Minimum Balances

    UAE Central Bank Stops Banks from Raising Minimum Balances

    Sharjah Chamber highlights Sectoral Business Groups’ role as key partners in driving private sector growth

    Sharjah Chamber highlights Sectoral Business Groups’ role as key partners in driving private sector growth

    Israel may attack Iran, oil prices rise

    Israel may attack Iran, oil prices rise

    UAE Banks to Implement Higher Minimum Balance Requirements in June

    UAE Banks to Implement Higher Minimum Balance Requirements in June

    Al-Haramain Perfumes CEO receives Golden Excellence Award and Fragrance of the Year Award

    Al-Haramain Perfumes CEO receives Golden Excellence Award and Fragrance of the Year Award

    “Global Powerhouses Unite: Abu Dhabi Crown Prince, US President Forge Future at Business Dialogue”

    “Global Powerhouses Unite: Abu Dhabi Crown Prince, US President Forge Future at Business Dialogue”

    • Economy
    • Finance
    • Trade
    • Start Up & Inauguration
  • Politics
    • All
    • Border & War
    • Election
    • Events
    Latifa bint Mohammed meets with Lebanon’s Ministers of Culture, Information at Arab Media Summit

    Latifa bint Mohammed meets with Lebanon’s Ministers of Culture, Information at Arab Media Summit

    Iran threatens Israel with letter

    Iran threatens Israel with letter

    China firmly stands by Pakistan’s sovereignty

    China firmly stands by Pakistan’s sovereignty

    Israel may attack Iran, oil prices rise

    Israel may attack Iran, oil prices rise

    Trump-Putin 2-hour phone call, agree to compromise Moscow

    Trump-Putin 2-hour phone call, agree to compromise Moscow

    Israeli bombardment of Gaza death 43 more

    Israeli bombardment of Gaza death 43 more

    • Events
    • Election
    • Border & War
  • Law’s
    • All
    • Court & Legal
    • Crime
    • Police & Traffics
    • Visa & Immigration
    Mother sues Google, AI over son’s suicide

    Mother sues Google, AI over son’s suicide

    Two Israeli embassy workers shot dead in Washington

    Two Israeli embassy workers shot dead in Washington

    A woman married 25 men and cheated

    A woman married 25 men and cheated

    UAE Cracks Down: Emiratisation Compliance Checks Begin July 1 for Private Firms

    UAE Cracks Down: Emiratisation Compliance Checks Begin July 1 for Private Firms

    Saudi Arabia launches crackdown on illegal immigrants, arrests 15,000

    Saudi Arabia launches crackdown on illegal immigrants, arrests 15,000

    Sharjah Police Investigate Abandoned Baby Found Near Trash

    Sharjah Police Investigate Abandoned Baby Found Near Trash

    • Court & Legal
    • Crime
    • Police & Traffics
    • Visa & Immigration
  • Education
    GETEX 2025 Closes on a High Note, Reinforcing Its Status as the Middle East’s Leading Higher Education Fair

    GETEX 2025 Closes on a High Note, Reinforcing Its Status as the Middle East’s Leading Higher Education Fair

    Up to 5-day weekend in some schools as Diwali holiday in UAE

    Up to 5-day weekend in some schools as Diwali holiday in UAE

    Bangladeshi girl Maymuna in international Quran competition in Malaysia

    Bangladeshi girl Maymuna in international Quran competition in Malaysia

    Dubai student Rahul Nambiar to expand his award-winning EdTech Startup, Jochi, to Dubai and beyond

    Dubai student Rahul Nambiar to expand his award-winning EdTech Startup, Jochi, to Dubai and beyond

    Imran Khan’s application to be the chancellor of Oxford

    Imran Khan’s application to be the chancellor of Oxford

    OpenAI releases ChatGPT’s hyper-realistic voice

    OpenAI releases ChatGPT’s hyper-realistic voice

    Violent clashes over quota system in government jobs leave scores injured & 2 kiled in Bangladesh

    BCL (Bangladesh Chatra Leage) leaders resign for attacks on quota protesters

    With 6 dead & all educational institutes closed; irrational quota based public service recruitment in Bangladesh

    With 6 dead & all educational institutes closed; irrational quota based public service recruitment in Bangladesh

    Violent clashes over quota system in government jobs leave scores injured & 2 kiled in Bangladesh

    Violent clashes over quota system in government jobs leave scores injured & 2 kiled in Bangladesh

  • Technology
    • All
    • Gaming
    • Science
    • Tech
    Mother sues Google, AI over son’s suicide

    Mother sues Google, AI over son’s suicide

    Sigma Enterprises takes leadership role by bringing the latest Swiss robotics and drone technology to the GCC

    Sigma Enterprises takes leadership role by bringing the latest Swiss robotics and drone technology to the GCC

    FancyTech debuts in MENA to empower brands with scalable, on-brand content through GenAI

    FancyTech debuts in MENA to empower brands with scalable, on-brand content through GenAI

    Arabia CSR Network Announces The Launch of the 18th Cycle of the“Arabia CSR & Sustainability Awards”

    Arabia CSR Network Announces The Launch of the 18th Cycle of the“Arabia CSR & Sustainability Awards”

    Dubai Police Invests in Smart Technology to Boost Public Safety

    Dubai Police Invests in Smart Technology to Boost Public Safety

    Putin praises BRICS as Western ‘perverse methods’ counterweight

    Putin seeks to rival Western power with high-profile summit

    Putin seeks to rival Western power with high-profile summit

    Pay driving license renewal and fine in installments from next week in Dubai

    Pay driving license renewal and fine in installments from next week in Dubai

    Abu Dhabi to Dubai in just 57 minutes by Etihad passenger train

    Abu Dhabi to Dubai in just 57 minutes by Etihad passenger train

    • Science
    • Tech
    • Gaming
  • Lifestyle
    • All
    • Fashion
    • Food
    • Health
    • Travel
    Hailstorm breaks IndiGo plane’s ‘nose’

    Hailstorm breaks IndiGo plane’s ‘nose’

    UAE Ministry Issues Warning About Hidden Salt in Foods

    UAE Ministry Issues Warning About Hidden Salt in Foods

    The Unbreakable Bond: Honoring the Love and Sacrifice of Mothers

    The Unbreakable Bond: Honoring the Love and Sacrifice of Mothers

    New Horizon in Dubai Inauguration of Gold Jewelry and Lifestyle Hub

    New Horizon in Dubai Inauguration of Gold Jewelry and Lifestyle Hub

    Connecting Farmers to Global Markets & Expanding Agri-Trade Horizons; Meghalaya’s Trade Mission to Dubai

    Connecting Farmers to Global Markets & Expanding Agri-Trade Horizons; Meghalaya’s Trade Mission to Dubai

    Vincitore Realty delivers Dubai’s first Luxury Wellness Residential Landmark, pioneering a new chapter in Wellness-Inspired living

    Vincitore Realty delivers Dubai’s first Luxury Wellness Residential Landmark, pioneering a new chapter in Wellness-Inspired living

    UAE’s Mulk International and India’s Ajeenkya DY Patil Group forge landmark partnership to the tune of Dh100m to launch region’s first large-scale virtual hospital of its kind

    UAE’s Mulk International and India’s Ajeenkya DY Patil Group forge landmark partnership to the tune of Dh100m to launch region’s first large-scale virtual hospital of its kind

    Biongevity launches world’s first AI-powered longevity app and Longevity Fitness Challenge in line with the UAE’s Vision 2031

    Biongevity launches world’s first AI-powered longevity app and Longevity Fitness Challenge in line with the UAE’s Vision 2031

    Danube Home elevates outdoor living spaces with its modern, stylish furniture and customisation services

    Danube Home elevates outdoor living spaces with its modern, stylish furniture and customisation services

    • Health
    • Fashion
    • Travel
    • Food
  • Entertainment
    • All
    • Event & Shows
    • Movie
    • Music
    “Sightings Called: UAE Asks Public to Look for Dhu Al Hijjah Crescent on May 27 Ahead of Eid Al Adha 2025”

    “Sightings Called: UAE Asks Public to Look for Dhu Al Hijjah Crescent on May 27 Ahead of Eid Al Adha 2025”

    Honoring a Legend: Ayman Zidan’s Enduring Legacy in Arab Arts

    Honoring a Legend: Ayman Zidan’s Enduring Legacy in Arab Arts

    The pull of one’s own culture and roots increases their morale and mental strength even in distant lands

    The pull of one’s own culture and roots increases their morale and mental strength even in distant lands

    China’s first police dog accused of stealing sausages

    China’s first police dog accused of stealing sausages

    The Unbreakable Bond: Honoring the Love and Sacrifice of Mothers

    The Unbreakable Bond: Honoring the Love and Sacrifice of Mothers

    GETEX 2025 Closes on a High Note, Reinforcing Its Status as the Middle East’s Leading Higher Education Fair

    GETEX 2025 Closes on a High Note, Reinforcing Its Status as the Middle East’s Leading Higher Education Fair

    Bangladesh Celebrates 54th Independence and National Day in Dubai

    Bangladesh Celebrates 54th Independence and National Day in Dubai

    Joyful Celebration of Bengali New Year and Baishakhi Festival Organized by the Embassy in Abu Dhabi

    Joyful Celebration of Bengali New Year and Baishakhi Festival Organized by the Embassy in Abu Dhabi

    Bangladesh Celebrates Independence and National Day with Grandeur in Abu Dhabi

    Bangladesh Celebrates Independence and National Day with Grandeur in Abu Dhabi

    • Music
    • Movie
    • Event & Shows
  • Sports
    • All
    • Athletes
    • Cricket
    • Football
    • Golf
    • Horse Racing
    • Olympic
    • Tennis
    Bangladesh’s shame of losing the series to the Emirates

    Bangladesh’s shame of losing the series to the Emirates

    Several changes may be made to the Bangladesh team to save the series

    Several changes may be made to the Bangladesh team to save the series

    AKCEL GP partners with Formula 3 racer James Hedley as part of a strategy to support emerging racing talents

    AKCEL GP partners with Formula 3 racer James Hedley as part of a strategy to support emerging racing talents

    AKCEL GP plans to make UAE an international hub of Motorsports

    AKCEL GP plans to make UAE an international hub of Motorsports

    UAE to face Qatar tomorrow in FIFA World Cup qualifiers

    UAE to face Qatar tomorrow in FIFA World Cup qualifiers

    Neymar returns for Al Hilal in Al Ain thriller

    Neymar returns for Al Hilal in Al Ain thriller

    • Football
    • Cricket
    • Athletes
    • Tennis
    • Olympic
    • Horse Racing
    • Golf
Dubai News Today | أخبار دبي اليوم
No Result
View All Result
Home Business

Getting the Global Economy Out of the Slow Lane

Dubai News Today by Dubai News Today
Friday, June 14, 2024 10:55PM
Reading Time: 4 mins read
A A

The world economy has avoided recession, despite the steepest rise in global interest rates since the 1980s. But, without stronger international cooperation and policies that advance shared prosperity, growth will remain too slow to support progress on development and poverty reduction.

With global growth stabilizing for the first time in three years, inflation reaching a three-year low, and financial conditions brightening, the global economy seems to be on its final approach for a “soft landing.” But this positive news cannot obscure the grim reality: more than four years after the COVID-19 pandemic began, the world – especially developing economies – has yet to embark on a promising path toward prosperity.

As a new World Bank Group report shows, the rate at which annual global growth is stabilizing – 2.7%, on average, through 2026 – is significantly lower than the 3.1% average in the pre-pandemic decade. That is insufficient to support progress on key development goals. By the end of this year, one in four developing economies will be poorer than it was on the eve of the pandemic. In 2024-25, most of the world’s economies are set to grow more slowly than they did in the decade before COVID-19.

With global interest rates expected to average 4% through 2026 – double the level of the previous two decades – this outlook is unlikely to change. Rather than hope for a stroke of luck, governments should be working to advance long-term growth by fostering productivity, entrepreneurship, and innovation, in a setting of closer international cooperation.

This is the model that flourished after the fall of the Berlin Wall. Encouraging the flow of goods, capital, and ideas across borders made possible roughly 25 years of unprecedented global prosperity, during which the gap between per-capita income in the world’s poorest and richest countries narrowed significantly. Before the pandemic, an end to extreme poverty appeared to be within reach.

But international cooperation has been fracturing in recent years. Measures designed to restrain cross-border commercial flows are proliferating. With many major economies holding elections this year, uncertainty over trade policy is higher than at any other moment this century. This is all happening amid persistent weakness in investment: in 2013-23, investment growth in developing economies fell to less than half the rate in the 2000s.

This helps to explain why per capita income growth in developing economies is expected to average just 3% through 2026, well below the 3.8% average in the decade before COVID-19. Many developing economies will not make any progress at all in closing the income gap with their developed-economy counterparts in the near term, and that gap will widen for nearly half in the first five years of this decade – the highest share since the 1990s.

But there are also bright spots in the global economy. The United States, in particular, has shown impressive resilience, with growth remaining buoyant even amid the most rapid monetary-policy tightening in four decades. US dynamism is a key reason why the global economy has some upside potential over the next two years.

Among emerging markets, India and Indonesia stand out for their strong performance. Buoyed by vibrant domestic demand, surging investment, and a dynamic services sector, India’s economy is projected to grow by 6.7% per fiscal year, on average, through 2026. (South Asia is now the world’s fastest-growing region.) For its part, Indonesia is expected to grow by 5.1%, on average, over the next two years, thanks largely to a rising middle class and prudent economic policies.

These economies prove that high growth rates can be sustained, even under difficult conditions. If others want to achieve similar success, and enhance their own long-term growth potential, they must enact policies that strengthen human capital, boost productivity, and encourage more women to enter the labor force. To this end, efficient and well-targeted public investment is critical.

In developing economies, public investment accounts for just a quarter of total investment, on average. Our research shows that scaling it up by just 1% of GDP can increase total GDP by more than 1.5% over the medium term and boost private investment by as much as 2% within roughly five years. The benefits are largest in countries with a track record of efficient public investment and, crucially, sufficient fiscal space to increase spending.

For some countries – especially small developing countries (with populations of less than 1.5 million) – this is a formidable challenge. Home to just 17 million people, small developing countries face climate-related natural disasters at a rate that is eight times higher, on average, than in other developing economies. Making matters worse, two-fifths of these countries are in, or at high risk of, debt distress.

But this does not mean that small-state governments cannot steer their economies onto a more stable, prosperous path. On the contrary, they have considerable room to mobilize more revenues from domestic sources, which offer a more reliable fiscal base than foreign flows. They can also create fiscal frameworks – including rainy-day funds – capable of coping with frequent natural disasters and other shocks, and improve the efficiency of public spending, especially on health, education, and infrastructure. International policy coordination and financial support can complement these efforts.

Policymakers have good reason to celebrate: the world economy has avoided recession, despite the steepest rise in global interest rates since the 1980s. But they must also recognize that, in much of the world, growth remains too slow to support progress on development and poverty reduction. Without stronger international cooperation and policies that advance shared prosperity, the global economy will remain stuck in the slow lane.

Tags: Covidcovid-19Economyglobal economyglobal growthgrowthinternational corporation
Share48SendTweet30Share8Pin11ShareShareShare1ShareShareShare6SendScan
Previous Post

Marquis Developers delivers Marquis Signature homes in Arjan on time to happy homeowners

Next Post

Free public parking, Darb toll announced in Abu Dhabi

Dubai News Today

Dubai News Today

Read More

UAE Confirms First Day of Eid Al Adha 2025
Entertainment

UAE Confirms First Day of Eid Al Adha 2025

by Ashik Islam
Thursday, May 29, 2025 @ 3:07AM
0

The crescent moon of Dhu Al Hijjah was sighted in the UAE on Tuesday evening. Eid Al Adha falls on...

Read moreDetails
UAE Central Bank Stops Banks from Raising Minimum Balances

UAE Central Bank Stops Banks from Raising Minimum Balances

Thursday, May 29, 2025 @ 3:03AM
Latifa bint Mohammed meets with Lebanon’s Ministers of Culture, Information at Arab Media Summit

Latifa bint Mohammed meets with Lebanon’s Ministers of Culture, Information at Arab Media Summit

Thursday, May 29, 2025 @ 2:59AM
Sharjah Chamber highlights Sectoral Business Groups’ role as key partners in driving private sector growth

Sharjah Chamber highlights Sectoral Business Groups’ role as key partners in driving private sector growth

Thursday, May 29, 2025 @ 2:56AM
UAE Jewellers Unveil World’s Largest Gold Frame, a Dazzling Tribute to Sheikh Zayed and Iconic Landmarks

UAE Jewellers Unveil World’s Largest Gold Frame, a Dazzling Tribute to Sheikh Zayed and Iconic Landmarks

Thursday, May 29, 2025 @ 2:51AM
Load More
Next Post
Free public parking, Darb toll announced in Abu Dhabi

Free public parking, Darb toll announced in Abu Dhabi

Announced Eid Al Adha prayer time; UAE

Announced Eid Al Adha prayer time; UAE

Dubai announces 7 cannon-firing locations; Eid Al Adha 2024

Dubai announces 7 cannon-firing locations; Eid Al Adha 2024

Arafat sermon preacher calls on pilgrims to pray for Palestine; Hajj-2024 Sermon 

Arafat sermon preacher calls on pilgrims to pray for Palestine; Hajj-2024 Sermon 

As Eid greeting Sheikh Mohammed shares recreated images of own pilgrimage.

As Eid greeting Sheikh Mohammed shares recreated images of own pilgrimage.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Editorial

Story of a Dictator – Sheikh Hasina
Politics

Story of a Dictator – Sheikh Hasina

by M. Shaiful Islam, Dubai News Today
July 24, 2024
0

A typical story of how dictators run their country and how their downfall happens. It may sound familiar, but this...

The List of Potential Suspects in the Mysterious Death of Iran’s President Raisi

The List of Potential Suspects in the Mysterious Death of Iran’s President Raisi

May 20, 2024
Social degradation; Impact of Social Media Content Creation on Professional Development

Social degradation; Impact of Social Media Content Creation on Professional Development

May 9, 2024
Load More

Popular

  • All
  • Business
  • Europe
  • Fashion
  • Lifestyle
  • Politics
  • United States
  • World
  • United Arab Emirates
UAE Confirms First Day of Eid Al Adha 2025
Entertainment

UAE Confirms First Day of Eid Al Adha 2025

by Ashik Islam
May 29, 2025
0

The crescent moon of Dhu Al Hijjah was sighted in the UAE on Tuesday evening. Eid Al Adha falls on...

UAE Central Bank Stops Banks from Raising Minimum Balances

UAE Central Bank Stops Banks from Raising Minimum Balances

May 29, 2025
Latifa bint Mohammed meets with Lebanon’s Ministers of Culture, Information at Arab Media Summit

Latifa bint Mohammed meets with Lebanon’s Ministers of Culture, Information at Arab Media Summit

May 29, 2025
Load More

Connect with us

  • About
  • Careers
  • Advertise
  • Privacy policy
  • Contact
Press release: news@dubainewstoday.ae Advertise: ad@dubainewstoday.ae

© Dubai News Today 2024 all rights reserved & powered by Master Mind 71.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Google
Sign Up with Linked In
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Login
  • Sign Up
No Result
View All Result
  • Home
  • Haramain
  • Editorial
  • UAE
    • Abu Dhabi
    • Dubai
    • Sharjah
    • Ajman
    • Umm Al Quwain
    • Ras Al Khaimah
    • Fujairah
  • World
    • Asia
    • Africa
    • Europe
    • Middle East
    • United States
  • Business
    • Economy
    • Finance
    • Trade
    • Start Up & Inauguration
  • Politics
    • Events
    • Election
    • Border & War
  • Law’s
    • Court & Legal
    • Crime
    • Police & Traffics
    • Visa & Immigration
  • Education
  • Technology
    • Science
    • Tech
    • Gaming
  • Lifestyle
    • Health
    • Fashion
    • Travel
    • Food
  • Entertainment
    • Event & Shows
    • Movie
    • Music
  • Sports
    • Athletes
    • Cricket
    • Football
    • Tennis
    • Olympic
    • Golf
    • Horse Racing
  • Weather
  • More
    • About us
    • Advertisement
    • Career
    • Terms & Conditions
    • Privacy policy
    • Contact
Advertisement

© Dubai News Today 2024 all rights reserved & powered by Master Mind 71.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.