Business from Thursday, May 1st, 2025
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Tesla chair denies plans to look for new CEO to replace Musk
Tesla chair Robyn Denholm on Thursday denied a Wall Street Journal report that said board members had reached out to executive search firms to find a new replacement for CEO Elon Musk.
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US tariffs show 'no negative impact' at DXB, says Paul Griffiths
The sweeping new US tariffs has had no "negative impact" on DXB, airport's CEO Paul Griffiths said, but added that with the "volatility of the situation, it's far too soon to comment".
News
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Dubai court sentences Indian tycoon in major money laundering caseA Dubai court has sentenced Indian businessman B.S.S., widely known as 'Abu Sabah', to five years in prison for his role in a large-scale money laundering operation.
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Weekend road works to cause delays on key Dubai-Sharjah roadAuthorities are warning of delays on Emirates Road on Saturday and Sunday due to scheduled maintenance and rehabilitation works.
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Driver arrested in Sharjah for 137 violations, AED 104,000 in finesSharjah Police have arrested a motorist who racked up 137 traffic violations and fines totalling over AED 104,000, all while using forged licence plates to evade detection.
