BMW and Mercedes-Benz have lowered their prices in China.
It comes after the country's government announced it will reduce value-added tax (VAT) from April 1.
The German car manufacturer published posts on Chinese social media announcing an immediate reduction in price for several models.
The BMW 3, BMW 5, BMW X5 and BMW 7 series will all be cheaper now as will the BMW 320Li M model.
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The UAE Government's Cyber Security Council (CSC) said on Friday it has successfully countered a series of advanced cyberattacks targeting the country's financial sector.
Emirati Supplier Programme awards AED1.78 billion in contracts to SMEs
The Emirati Supplier Programme awarded AED1.78 billion in contracts to Emirati small and medium-sized enterprises in 2025, marking a 38 per cent increase compared to the previous year, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum said on Friday.
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UAE pushes for South America trade deal at Mercosur Summit
The UAE has reaffirmed its commitment to strengthening economic ties with South America's Mercosur bloc, as it pushes to secure a landmark trade agreement with the regional alliance.
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