Business News from Monday, March 30th, 2026
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Dubai South awards AED 2 billion contract for development of 'Hayat' project
Dubai South Properties has awarded a AED 2 billion contract for the development of multiple phases of the 'Hayat' project, a luxury master-planned community spanning 10 million square feet.
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Australia to halve tax on fuel, underwrite spot cargoes
Australian Prime Minister Anthony Albanese has announced on Monday that the government would halve the excise on fuel and diesel and remove the heavy road user charge for three months to help households cope with a surge in costs driven by the Iran war.
News
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UAE intercepts 12 missiles and 36 drones on TuesdayUAE air defences intercepted 8 ballistic missiles, 4 cruise missiles and 36 drones launched from Iran on Tuesday, the Ministry of Defence said.
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UAE extends distance learning for universities until April 17The UAE has extended distance learning across all higher education institutions until Friday, April 17, with exemptions for "priority programmes that require physical attendance".
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UAE President holds talks with Qatar's Emir in Abu DhabiUAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has discussed the implications of the ongoing military escalation during talks with Qatar's Emir Sheikh Tamim bin Hamad Al Thani in Abu Dhabi.
