Business from Friday, May 1st, 2026
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Trump says he will raise tariff on autos from EU to 25%
US President Donald Trump said on Friday he would increase tariffs on cars and trucks from the European Union to 25 per cent next week, saying the bloc had not complied with its trade deal with Washington.
News
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UAE President marks Armed Forces unification anniversary with message of strength, unityIn a statement marking the 50th anniversary of the unification of the UAE Armed Forces, President His Highness Sheikh Mohamed bin Zayed Al Nahyan said the nation’s strength lies in its military, the unity of its society and the resilience of its development model.
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UAE air defences respond to missile, drone threatsThe UAE’s air defence systems are responding to incoming missile and drone threats from Iran.
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Gulf leaders condemn Iranian attacks in call with UAE President
Leaders of Saudi Arabia, Qatar and Bahrain have expressed their strong condemnation of the Iranian attacks during separate calls with UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan.
