Raanjhanaa
Shiraz Uppal & Jaswinder Singh
Business News from Monday, August 24th, 2026
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Trump threatens 50% tariffs on all cars and trucks from Canada
US President Donald Trump sought to boost pressure on Canada on Monday, warning that tariffs on all cars, trucks and automotive parts from the country would be increased to 50 per cent starting January 1 after trade talks collapsed over the weekend.
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Parkin and Bahrain's Amakin team up on smarter parking solutions
Dubai’s Parkin is teaming up with Bahrain Car Parks Company (Amakin) to explore smarter and more connected parking services across the GCC.
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Over 7,000 new Indian companies join Dubai Chamber of Commerce
The Dubai Chamber of Commerce has registered 7,579 new Indian companies in the first half of 2026.
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Fast-fashion giant Shein shrinks value to up to $27 billion in Hong Kong IPO
Shein aims to raise up to $1.8 billion in a Hong Kong IPO that values the fast-fashion retailer roughly 70 per cent below its private-market peak four years ago, with a slower growth outlook set to weigh on investor demand.
News
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Free parking in Dubai this FridayPublic parking in Dubai, excluding multi-level terminals, will be free of charge on Friday, August 28 — the public holiday to mark the birthday of Prophet Muhammed (PBUH).
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Dubai Police step up safety and traffic measures for new academic yearDubai Police have drawn up an integrated security and traffic plan to ensure a safe return for students and smoother traffic around schools as the new academic year begins.
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UAE stands in solidarity with Nepal after deadly floods, landslidesThe UAE has expressed its condolences and solidarity with Nepal following floods and landslides that have left dozens dead, injured or missing and caused significant damage.
