The UAE’s small and medium-sized enterprises (SME) sector has seen a decline in growth in the second quarter of 2015. This is according to the latest results from Gulf Finance Corporation’s UAE SME Sentiment Survey. The slowdown has been attributed to macroeconomic issues having a dampening effect on general market conditions. David Hunt, CEO of Gulf Finance, shares the highlights of the report:
SME DECLINE REPORT
Novo's next-gen obesity drug candidate trial disappoints
Novo Nordisk on Friday revealed disappointing results in a late-stage trial for its experimental next-generation obesity drug CagriSema, wiping as much as $125 billion off its market value.
Amazon workers to strike at US warehouses during busy holiday season
Thousands of Amazon.com workers in the US will walk off the job on Thursday, in the crucial final days of the holiday season, after union officials said the retailer failed to come to the bargaining table to negotiate contracts.
H.H Sheikh Mohammed issues new laws to enhance Dubai’s media sector
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, has introduced Law No. (29) of 2024, which grants the Dubai Media Council expanded powers to further develop and regulate the emirate’s media sector.
Honda, Nissan in talks to set up holding company
Japanese auto giants Honda and Nissan are in talks to set up a holding company, according to a person with knowledge of the matter, a move that would allow them to share more resources amid competition upending the global industry.
Latest With Hit
Meet Harnidh Kaur, one of the most youngest followed on social media
