Business from Monday, July 28th, 2025
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Russia's Aeroflot cancels flights after pro-Ukrainian hackers claim cyberattack
Russian national flag carrier Aeroflot was forced to cancel dozens of flights on Monday after a crippling cyberattack claimed by a pro-Ukrainian hacking group, which one lawmaker called a wake-up call for Moscow.
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US and EU avert trade war with 15% tariff deal
The US struck a framework trade agreement with the European Union on Sunday, imposing a 15 per cent import tariff on most EU goods - half the threatened rate - and averting a bigger trade war between the two allies that account for almost a third of global trade.
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Dubai's financial centre registrations rise 32% in first half
The Dubai International Financial Center (DIFC) said Monday that company registrations grew 32 per cent in the first half of the year as the financial hub welcomed 1,081 new companies, including asset management firms, hedge funds and family offices.
News
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UAE continues Gaza aid airdrops for fifth consecutive dayFor the fifth day in a row, the UAE has continued its humanitarian airdrop operations over Gaza, in coordination with Jordan, as part of the ongoing 'Birds of Goodness' initiative.
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UAE President receives H.H. Sheikh Hamdan bin MohammedUAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has held talks with His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence.
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New exit eases traffic congestion around Dubai’s Ras Al KhorA new exit is set to open in early August to ease traffic from Dubai's Financial Centre Street towards Ras Al Khor Road, near the Bu Kadra Interchange.
