Facebook founder Mark Zuckerberg and his wife Priscilla Chan have pledged AED 11 billion to fund medical research over the next decade. At a press conference in San Francisco early on Thursday, they said their goal was to “cure, prevent or manage all diseases by the end of the century”. The coupled have already spent AED 2.2 billion on a research facility. Called Biohub, it will unite engineers, computer scientists, biologists and chemists at a single site.
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.
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.
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.
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.
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