Stocks in China have plummeted to an eight-month low, dashing hopes that the country’s economy was on its way to a strong recovery. After markets slumped nearly 3 percent on Friday, today saw China's blue-chip CSI300 index fall 2.1% to 3,065.62, while the Shanghai Composite Index lost 2.8%, dropping down to 2,832.11 points. China’s April trade data, which was released yesterday, further dampened the outlook with both exports and imports dropping more than expected.
UAE thwarts advanced cyberattacks targeting financial sector
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.
Zayed International Airport reports strong passenger, flight traffic
Abu Dhabi's Zayed International Airport (AUH) has recorded strong growth in passenger and flight traffic, with daily volumes now higher than the same period in 2025.
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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