Taxi booking app Uber will launch its food delivery service in the UAE. UberEATS will face competition from brands including FoodOnClick, 24.ae and Deliveroo, a British firm that transports takeaways across Dubai. The facility is already offered in many American cities, plus Singapore, England, Canada, France and Australia. Amazon recently announced it was entering the increasingly crowded food delivery market by launching a similar app in London.
Ferrari aims at AI generation with crypto auction for Le Mans car
Ferrari is tapping into crypto markets and tech-rich youngsters with a planned new digital token that its wealthiest fans will be able to use in an auction for a Ferrari 499P, the endurance car that won three straight Le Mans titles.
UAE expands access to government bonds with 'Retail Sukuk' initiative
The UAE Ministry of Finance has launched an initiative called 'Retail Sukuk', allowing individual investors to access Shariah-compliant, government-backed Treasury Sukuk (T-Sukuk) through digital platforms operated by local banks.
New UAE-Oman freight rail link to boost regional trade
A new freight rail service is set to connect Sohar in Oman with Abu Dhabi in the UAE, marking a major step forward in regional trade and logistics.
Trump says all trade talks with Canada are terminated
US President Donald Trump said on Thursday all trade talks with Canada were terminated following what he called a fraudulent advertisement in which former and late President Ronald Reagan spoke negatively about tariffs.
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