World stock markets have plunged as a Donald Trump presidency looks increasingly likely. Japan's Nikkei slumped by 6 per cent. The Pound is up by a cent against the US dollar - but down against the Euro. Mexico's currency - Peso - plummeted by 13 per cent to a record low. The Dow Jones is down by 1.5 per cent while SMP has also dropped by 1.7 per cent Wednesday morning. Oil is down by 2 per cent while the price of gold has risen by a whopping $12 since voting began.
Australia, India strike deal on uranium exports during Modi visit
Australia and India reached a deal on Thursday to export Australian uranium to India for use in the nuclear energy industry, while agreeing to deepen cooperation in renewables, critical minerals and green hydrogen.
Dubai's GDP reaches AED 232 billion in Q1 2026
Dubai maintained its strong economic performance in the first quarter of 2026, with the emirate's Gross Domestic Product (GDP) reaching AED 232 billion, reflecting a 2.4 per cent increase from the same period last year.
DTC completes AED 1.45 billion acquisition of National Taxi
Dubai Taxi Company (DTC) has completed its acquisition of 100 per cent of the share capital of National Taxi after securing all required regulatory approvals, including from Dubai's Roads and Transport Authority and Abu Dhabi's Integrated Transport Centre.
UAE achieves record FDI investments in 2025: H.H. Sheikh Mohammed
The UAE has "advanced to ninth place globally among FDI destinations and maintained, for the third year in a row, second global position in number of FDI investment greenfield projects, totalling 1,562 projects," said H.H. Sheikh Mohammed bin Rashid Al Maktoum.
Expo City Dubai issues UAE’s first green licences
Expo City Dubai has issued its first 'Green Licences' to six businesses, including small-sized social enterprises and multinational organisations, as it works towards establishing its Green Innovation District.
His Highness Sheikh Abdullah bin Zayed Al Nahyan, UAE Deputy Prime Minister and Minister of Foreign Affairs, has discussed the latest developments in the Middle East during a series of phone calls with regional and international counterparts.
The UAE and Kuwait have reaffirmed their commitment to closer economic and development cooperation following talks between President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Kuwaiti Emir Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah.
The UAE has launched a monitoring centre to strengthen the reliability and resilience of its electricity network through real-time tracking and coordination across all major power providers.
