Global stock markets are recording their worst week since the world financial crisis of 2008.
It comes as fears over the impact of the coronavirus continue to grip investors.
This morning, February 28, markets in Europe fell sharply with London's FTSE 100 index dropping over 3%.
Asian markets suffered too, while in the US, the Dow Jones recorded its biggest daily points drop on Thursday.
Investors are concerned that the COVID-19 virus' impact could spark a worldwide recession.
Microsoft's global outage eases after disrupting businesses, governments
A global outage of Microsoft Outlook and Teams was easing on Friday after nearly 24 hours of chaos that crippled online communications, forcing some organisations to revert to fax.
Dubai Investments reports AED 1.13 billion profit before tax
Dubai Investments has reported profit before tax of AED 1.13 billion for the first nine months of 2026, up from AED 1.10 billion during the same period last year.
Dubai retains position as leading maritime city
Dubai has retained its position as the Middle East's leading maritime city and ranked 12th globally in the 2026 Leading Maritime Cities report by DNV and Menon Economics.
Nvidia CEO Jensen Huang steps down
Nvidia CEO Jensen Huang is stepping down, leaving the AI industry without its biggest champion and clouding the future of the chipmaker he built into an AI powerhouse.
DEWA reports record-breaking AED25.74 billion revenue in 2026
Dubai Electricity and Water Authority (DEWA) has reported record-breaking revenue of AED25.74 billion in the first nine months of 2026 - up 3 per cent on last year.
Separate Lives
Phil Collins & Marilyn Martin
When You Believe
Mariah Carey & Whitney Houston
It's Your Love
Gil
Pinoy Expat Corner
In the fight against cancer, how important is having a strong support system—family, friends, and the community?
Pinoy Expat Corner
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Pinoy Expat Corner
What should beginners know before getting into off-roading? What type of vehicle is ideal for off-road adventures?
