Volkswagen has named Porsche head Matthius Mueller as its new CEO as the automaker tries to contain the damage from its emissions cheating scandal. Meanwhile, it has emerged that 2.8 million vehicles in Germany may have been affected. Ira Spitzer reports from Berlin:
Dubai steps up coordination to boost supply chains, trade flow
The Dubai Ports Authority has held a coordination meeting with shipping companies, cargo operators and key partners to enhance the efficiency of container movement and goods through Dubai's ports.
Masdar reaches financial close for $6.1 billion 24/7 clean energy project
Abu Dhabi Future Energy Company, Masdar, has announced financial close for the world's first gigascale 24/7 renewable energy project, marking a defining milestone in the commercialisation of the next generation of clean energy infrastructure.
Volkswagen CEO says 50,000 more job cuts may be needed to close competitive gap
Volkswagen may need to cut about 50,000 more jobs to match the competitiveness of rivals, its CEO told staff in an internal memo, effectively confirming for the first time that the automaker is looking to reduce up to 100,000 positions.
UAE welcomes US decision to upgrade its export control designation
The UAE has welcomed the US government's decision to elevate the UAE to an 'A5' export control designation, highlighting that it advances the decades of bilateral cooperation in technology, security, trade and investment.
Meta scraps AI image feature days after launch following privacy backlash
Meta said it is discontinuing an AI feature launched this week that allowed users to generate images using public Instagram accounts, after drawing widespread criticism over privacy concerns, including from a Hollywood union.
The Zayed Sustainability Prize has closed submissions for its 2027 awards cycle, receiving 10,233 entries from 177 countries.
The UAE Presidential Court has announced a four-day period of mourning following the death of Sheikh Hamad bin Khalifa Al Thani, the former Emir of Qatar and father of the country's current Emir.
Reducing reliance on single-use products is the focus of a new sustainability drive across Sharjah.
