Abu Dhabi saw inflation rise by 3.2% in the first quarter of the year. That’s compared to figures from the same period in 2015, according to data released by Statistics Centre , Abu Dhabi. The Consumer Price Index for January to March shows that housing, water, electricity, gas and other fuels accounted for the largest increase, rising 7.7%. Food and beverage rose by 1.6%, whilst the falling oil prices led to transport costs dropping by 6.6%.
Tesla requires suppliers to avoid China-made parts for US cars, WSJ reports
Tesla is now requiring its suppliers to exclude China-made components in the manufacturing of its cars in the United States, the Wall Street Journal reported on Friday.
Ferrari leads as Sportico’s F1 team values soar past $34B
Ferrari is the most valuable of the 10 franchises in Formula 1 with $6.4 billion as the sport collectively holds over $34 billion, according to Sportico's latest team valuations published Thursday.
Dubai Chambers opens first US office in New York
Dubai Chambers has opened its first representative office in the United States, located in New York.
Dubai Exhibition Centre gears up for mega events
The Dubai World Trade Centre has announced that Phase One of the Dubai Exhibition Centre (DEC) expansion is nearing completion — a major step towards welcoming key global events from early 2026.
UAE executes first government transaction using Digital Dirham
The UAE has completed its first government transaction using the Digital Dirham, marking a major milestone in the adoption of the country’s national digital currency.
