GENEVA: Freer trade can help create jobs and support economic growth, and tariff-cutting accords should not be scaled back on account of the global downturn, top US and other officials said on Monday. On
DUBAI: The Dubai government disclaimed responsibility for the debts of Dubai World on Monday, dealing a blow to creditors’ assumptions that the Arab emirate would guarantee the conglomerate’s liabilities. “Creditors
DUBAI: Stock markets in Dubai and neighboring Abu Dhabi closed sharply lower on Monday, shedding 7.3 percent and 8.3 percent respectively, hit by a lack of buyers after Dubai World’s shock proposal