Christine Lagarde has announced that she will no longer be the managing director of the International Monetary Fund (IMF).
She'll soon find out if her nomination to become head of the European Central Bank (ECB) is successful or not.
Lagarde said she will officially leave the IMF on September 12.
He's been the head of the organization since 2011.
H.H. Sheikh Hamdan witnesses expansion agreement for Hewi Dubai
H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, witnessed the signing of a partnership agreement between Dubai Municipality, the General Construction Company and Binghatti, to develop Hewi Al Barsha and Hewi Muhaisnah.
India to slash tariffs on cars to 40% in trade deal with EU
India plans to slash tariffs on cars imported from the European Union to 40 per cent from as high as 110 per cent, sources said, in the biggest opening yet of the country's vast market as the two sides close in on a free trade pact that could come as early as Tuesday.
Dubai Chambers explores strengthening economic relations with Serbia
Dubai Chambers explored ways to deepen economic cooperation with Serbia during a recenttrade mission to Belgrade aimed at expanding bilateral engagement across a range of sectors.
TikTok clinches deal for new US joint venture to avoid American ban
TikTok's Chinese owner, ByteDance, on Thursday said it has finalised a deal to establish a majority American-owned joint venture that will secure US data, to avoid a US ban on the short video app used by over 200 million Americans.
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