Business from Wednesday, August 6th, 2025

U.S. President Donald Trump issued an executive order on Wednesday imposing an additional 25 per cent tariff on goods from India, saying the country directly or indirectly imported Russian oil, adding to 25 per cent tariffs already announced.

The UAE Ministry of Finance (MoF) has signed an agreement with the Institute of Management Accountants (IMA) to help prepare national employees for the Certified Management Accountant (CMA) and Financial and Managerial Accounting Associate (FMAA) certifications. 

The UAE's AD Ports Group will open a representative office in Pakistan's capital city of Islamabad to unlock new avenues for foreign direct investment and promote greater regional connectivity.