Airbus has announced plans to scrap production of the A380 superjumbo.
The European company says it will stop deliveries of the double-decker passenger jet in 2021.
The aircraft has been struggling to compete with more efficient, smaller models.
Airbus will produce 17 more of the planes, including 14 for Emirates Airline and three for Japan’s ANA.
The firm will enter into talks with unions in coming weeks over the 3,000-3,500 jobs potentially affected.
Creative industries 'key to future growth', WGS-FTI report says
Cultural and creative industries should be treated as a core pillar of national economic strategy, according to a new report launched by FTI Consulting in partnership with the World Governments Summit.
TECOM Group posts strong 2025 results as revenues and profits rise
Dubai-based TECOM Group has reported a strong financial performance for 2025, driven by rising demand across its commercial, industrial and land portfolios.
Family businesses urged to rethink investment, philanthropy at Dubai summit
Family-owned businesses are being encouraged to take a more active role in shaping sustainable investment and social impact, as leaders met in Dubai to discuss how family wealth can be positioned for the future.
UAE-Vietnam CEPA enters into force
The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Vietnam has officially come into force, with an aim to "unlock investment opportunities in vital sectors such as renewable energy, technology and agriculture".
Indian rupee, stocks soar in relief rally after trade deal with US
India's financial markets rallied sharply on Tuesday after a trade deal that slashed US tariffs on Indian goods to 18 per cent from 50 per cent, a development that investors said lifts a key overhang over the country's stocks, bonds and currency.
Dubai has unveiled a long-term plan to create a more balanced and integrated urban environment as part of efforts to enhance quality of life and wellbeing.
The second round of trilateral talks between Russia, Ukraine and the United States has begun in Abu Dhabi, as diplomatic efforts continue to advance the political process towards resolving the crisis.
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has held a series of high‑level meetings on the sidelines of the World Governments Summit in Dubai.
