Business

US President Donald Trump and Australian Prime Minister Anthony Albanese signed a rare earths and critical minerals agreement on Monday aimed at ensuring a steady supply of the materials at a time when China is trying to tighten control over global supply.

Amazon's cloud services unit AWS was hit by an outage on Monday that took down several popular apps including Fortnite and Snapchat and caused connectivity issues for many companies around the world.

US President Donald Trump reiterated on Sunday that Indian Prime Minister Narendra Modi told him India will stop buying Russian oil, while warning that New Delhi would continue paying "massive" tariffs if it did not do so.

Businesses in Ras Al Khaimah affected by infrastructure works in Al Riffa and Al Jazeera Al Hamra areas will receive a two-year exemption on commercial licence fees.

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has directed that GITEX TechCation 2026 be developed into the world’s largest event in the field of technology and artificial intelligence.

Some Indian refiners are preparing to cut Russian oil imports, three sources told Reuters on Thursday, after US President Donald Trump said India had given an assurance it would stop its buying to help end the war in Ukraine.

The two-week-old federal government shutdown may cost the US economy as much as $15 billion a week in lost output, a Treasury official said late on Wednesday.

Global leaders at the forefront of shaping cities are set to gather in Dubai this month for a major summit focused on the future of urban living.

GITEX is going global once again — this time heading to Latin America — with GITEX LATAM set to debut in São Paulo, Brazil in March 2027.

Gucci, Chloe and Loewe have been fined a total of 157 million euros ($182 million) by the European Union's antitrust watchdog for fixing the resale prices of their retail partners.

Alphabet Inc's  Google will invest $10 billion to set up a massive data centre and artificial intelligence hub in Andhra Pradesh, officials from the southern Indian state said, marking its biggest such investment in the South Asian nation.

Dubizzle Group Holdings has announced plans to offer a 30.34 per cent stake through an initial public offering (IPO) on the Dubai Financial Market (DFM).

Dubai Healthcare City is set for a major expansion, with a new AED 1.3 billion development plan announced for its Phase 1 zone.

Dubai has cemented its position as a global leader in the virtual assets space, with trading volumes surpassing AED 2.5 trillion since the start of the year.

US President Donald Trump revived the trade war against Beijing on Friday, ending an uneasy truce between the two largest economies with promises to sharply hike tariffs in a reprisal against China curbing its critical mineral exports.

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued a federal decree-law on the Central Bank, and the regulation of financial institutions and insurance activities.

Indian Prime Minister Narendra Modi and British counterpart Keir Starmer hailed the potential on Thursday of their months-old trade deal to transform commercial links, as London unveiled further Indian investment in Britain.

Preparations have commenced to relocate GITEX GLOBAL and Expand North Star to its new home at Expo City Dubai next year.

In a major move to boost business flexibility and growth, Dubai has launched a new permit allowing free zone companies to operate directly in the mainland.

Tesla's lower-priced versions of its staple Model Y SUV and Model 3 sedan face an uphill battle in the region where Elon Musk's company arguably needs help the most: Europe.

Gold pushed through $4,000 an ounce to hit a record on Wednesday, driven by investors seeking safety from mounting economic and geopolitical uncertainty, alongside expectations of further interest rate cuts by the US Federal Reserve.

Europe's Airbus broke a major commercial barrier on Tuesday when its A320 family of planes overtook the Boeing 737 to become the most-delivered jetliner in history.

The US Supreme Court declined on Monday to halt key parts of a judge's order requiring Alphabet's Google to make major changes to its app store Play, as the company prepares to appeal a decision in a lawsuit brought by "Fortnite" maker Epic Games.

OpenAI revealed new partnerships with Spotify, Zillow, and Mattel to incorporate its AI products across diverse industries at its developer conference on Monday, aiming to drive the strong momentum it has enjoyed among consumers to its enterprise business.

Dubai has launched a major initiative to accelerate startup and SME growth with the unveiling of Dubai Founders HQ — a first-of-its-kind platform designed to empower entrepreneurs with the tools to launch, scale and thrive in a competitive market.

A new law regulating Dubai's engineering consultancy sector will soon come into effect, with the authorities warning that those caught violating the regulations could face up to AED 100,000 in fines.

The UAE and Kazakhstan have signed a Memorandum of Cooperation aimed at exchanging vital meteorological and radar data, and launching a joint pilot project for cloud seeding in Kazakhstan.

Masdar, a global clean energy leader and a pioneer in green hydrogen, and Etihad Rail, the developer and operator of the UAE's national railway network, have signed a Memorandum of Understanding (MoU) to explore transport solutions for the green hydrogen value chain across the nation.

US President Donald Trump's administration froze $2.1 billion in Chicago transit funding on Friday, starving another Democratic city of funds as the government shutdown entered its third day.

Three cabinet colleagues of Indian Prime Minister Narendra Modi are promoting use of apps by domestic rivals to Google Maps, WhatsApp and Microsoft, in the strongest backing yet for "Made in India" products amid trade tension with the United States.

Alphabet's Google and Comcast-owned NBCUniversal have reached a multi-year agreement to keep NBC shows such as "Sunday Night Football" and "America's Got Talent" on YouTube TV, wrapping up a difficult negotiation.

India and China will restart direct flights between designated cities this month, ending a suspension of more than five years, in a move that signals a cautious easing of bilateral tensions, India's foreign ministry said on Thursday.

The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Malaysia has officially come into force, with an aim to increase non-oil trade to $13.5 billion by 2032.

Pfizer and US President Donald Trump on Tuesday said they had cut a deal in which the US-based drugmaker agreed to lower prescription drug prices in the Medicaid program to what it charges in other developed countries in exchange for tariff relief.

Dubai is reinforcing its global leadership in sustainability as the 27th edition of WETEX — the Water, Energy, Technology and Environment Exhibition — officially opened on Tuesday.

China's Pop Mart  is borrowing from Disney's playbook to turn toothy monster Labubu's blockbuster sales into long-term success, by developing content, entertainment, theme parks and more merchandise around the character.

A federal judge in Washington ordered the Trump administration on Monday to pause the layoffs of hundreds of employees from the agency that owns the US news service Voice of America, adding that government officials had shown "concerning disrespect" for the court's directives.

Expo 2020 Dubai has reaffirmed its commitment to gender equality and women’s empowerment.

Expo 2020 Dubai and the United Nations Global Compact are joining forces to hold a Sustainable Development Goals Business Forum.

More than 2,500 online travel agents, tour operators, hotel groups and airlines have signed on as Authorised Ticket Resellers (ATRs) for Expo 2020 Dubai.

A spectacular line-up of sights, sounds and tastes await visitors at Expo 2020 Dubai, through a series of specially curated itineraries.

Apple on Tuesday launched the iPhone 12 with faster 5G connectivity, which the company hopes will spur a wave of upgrades and keep its sales booming through the end of the year.