Business from Saturday, May 17th, 2025
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UAE highlights transport success at BRICS meeting
The UAE, represented by the Ministry of Energy and Infrastructure (MoEI), has participated in the BRICS Transport Ministers’ meeting held in Brasília, the capital of Brazil.
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Moody's downgrades America's credit rating, citing rising debt
Moody's downgraded the US sovereign credit rating on Friday due to concerns about the nation's growing $36 trillion debt pile, in a move that could complicate President Donald Trump's efforts to cut taxes and send ripples through global markets.
News
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Dubai sends 167 tonnes of earthquake aid to MyanmarDubai has sent critical humanitarian aid to Myanmar following the devastating earthquake in late March.
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Dubai's higher education sector sees record growthStudent numbers at Dubai’s private higher education institutions are soaring to new heights, with the Knowledge and Human Development Authority (KHDA) announcing a 20 per cent jump in enrolment for the 2024–25 academic year.
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Abu Dhabi's Life Endowment to cover costs of chronic disease careAbu Dhabi will step up efforts to cover the high-cost of chronic disease treatments for those in need under the newly launched Life Endowment campaign.
