China’s foreign-exchange reserves have increased for the second month in a row. The world’s largest currency hoard rose by $7.089 billion to $3.22 trillion in April, the People’s Bank of China said in a statement Saturday. Market sentiment toward the yuan has improved and a stronger yuan and euro boosted the headline number. That compares with the $3.20 trillion expected by economists surveyed by Bloomberg.
Tesla's supervised self-driving software gets Dutch okay, first in Europe
Dutch regulators approved the use of Tesla's TSLA.O self-driving software with required human supervision on highways and city streets in a European first for the electric car maker, which hopes to see similar action from the rest of the European Union.
Lufthansa flights disrupted as cabin crew stage strike
Lufthansa flights were significantly disrupted on Friday as cabin crew union UFO staged a one-day strike, the airline's third work stoppage in two months, impacting operations at its Frankfurt and Munich hubs.
Dubai real estate sector powers ahead with strong Q1 figures
Dubai’s real estate sector has posted a strong start to 2026, with total transactions reaching AED 252 billion in the first quarter — a 31 per cent increase in value compared to the same period last year.
DIEZ unveils flexible economic measures to support businesses
The Dubai Integrated Economic Zones Authority (DIEZ) has introduced a package of flexible economic measures to support businesses operating across its zones.
DIFC introduces relief package to support clients
The Dubai International Financial Centre (DIFC) has announced a package of temporary economic support measures to help its business and retail community navigate the current environment.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced that the UAE has won the voting rights for the 2029 annual meetings of the World Bank Group and the International Monetary Fund (IMF).
His Highness Sheikh Abdullah bin Zayed Al Nahyan, UAE Deputy Prime Minister and Minister of Foreign Affairs, has held phone calls with a number of foreign ministers to discuss the latest regional developments.
Dubai Police have issued a renewed warning against sudden swerving on the roads, describing it as one of the leading causes of serious traffic accidents.
