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.
ENEC–Westinghouse pact to advance nuclear energy deployment in US
The Emirates Nuclear Energy Company (ENEC) and Westinghouse Electric have signed an agreement focused on deploying advanced nuclear energy solutions in the United States.
India-UK trade deal signals Modi's priorities as New Delhi eyes EU, US pacts
India's trade deal with Britain is a sign of New Delhi's new gradual shift to opening up its markets while shielding crucial sectors from competition and could be its template for future agreements, government officials and analysts said on Friday.
OTPs to be replaced with authentications through UAE bank apps
Starting Friday, banks in the UAE will start phasing out the use of one-time passwords (OTPs) sent via SMS or email for all electronic and financial transactions, including both domestic and international transfers, to boost digital security.
UAE regulator fines firm AED 5 million for misleading investors
In a major enforcement action, the UAE's Securities and Commodities Authority (SCA) has fined a licensed company AED 5 million and referred it to the Public Prosecution for misleading investors.
UAE imposes AED 42 million in fines over money laundering in H1
The UAE has imposed more than AED 42 million in fines on private sector firms across 1,063 cases of money laundering in the first half of 2025, the Ministry of Economy and Tourism said on Thursday.
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Pinoy Expat Corner
Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities! Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.
Pinoy Expat Corner
Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities! Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.
