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Business from Monday, April 7th, 2025
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Innovation, sustainability take centre stage at Middle East Energy
More than 1,600 energy suppliers from around the world have gathered for a three-day showcase of the latest innovations and technologies at Middle East Energy 2025, running until April 9 at the Dubai World Trade Centre.
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Abu Dhabi records 9% growth in non-oil foreign trade
Abu Dhabi Customs has reported a 9 per cent increase in the emirate’s non-oil foreign trade in 2024, reaching AED 306 billion, up from AED 281.9 billion in 2023.
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S&P 500 nears bear market as Trump's tariffs hammer stocks
Futures tied to the S&P 500 index slumped further on Monday and were down more than 20 per cent from their all-time highs, putting the most closely followed benchmark for US equities on track to confirm a bear market.
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UAE tourism generates AED 45 billion in hotel revenues in 2024
The UAE's tourism sector generated AED 45 billion in revenue in 2024, a three per cent year-on-year growth, according to Minister of Economy and Chairman of the Emirates Tourism Council, Abdulla bin Touq Al Marri.
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Britain to relax EV targets as automakers reel from tariffs
Britain softened demands on automakers to switch to production of electric vehicles on Monday, seeking to alleviate pressure on an industry left reeling from US President Donald Trump's tariffs.
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Trump's tariff 'medicine' injects turmoil into global markets
US President Donald Trump warned foreign governments they would have to pay "a lot of money" to lift sweeping tariffs, characterising the duties as "medicine" and triggering further carnage across global financial markets on Monday.
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BUSINESS BREAKFAST LATEST
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UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the USAUAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
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New iPhone Launch - Too Soon For Apple?Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
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Working From Home or Hardly Working?Does working from home kill productivity or can it benefit staff by giving them more flexibility and a better work/life balance?
On Dubai Eye
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Is There Sufficient House Supply In UAEDubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?
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Noon's First Female Delivery DriverGlory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!
