The World Bank, on Wednesday, slashed the growth forecast for the UAE, GCC, and Middle East and North Africa (Mena) region for 2020 and 2021, due to geopolitical tensions and lower oil demand amidst a weakened global growth. It slashed the UAE's growth estimates for 2019, 2020, and 2021 by 0.8 per cent, 0.4 per cent, and 0.2 per cent respectively, from its June 2019 forecast. In its January 2020 ...