Business News from Tuesday, May 6th, 2025
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Aviation experts gather in Dubai to shape airports of tomorrow
The Airport Show has officially opened in Dubai, reaffirming the city’s role as a global hub for innovation in air travel and airport infrastructure.
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Britain and India clinch landmark trade deal
Britain and India clinched a long-coveted free trade pact on Tuesday after tariff turmoil sparked by US President Donald Trump forced the two sides to hasten efforts to increase their trade in key sectors.
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Dubai Chamber of Commerce reports strong start to 2025
Dubai Chamber of Commerce has reported strong growth across multiple fronts in the first quarter of 2025, reflecting Dubai’s rising status as a global business hub.
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Elon Musk to proceed with lawsuit against OpenAI
Elon Musk plans to proceed with his highly-watched lawsuit against OpenAI, his lawyer Marc Toberoff said, hours after the AI startup dialed back its earlier plan to remove control by its non-profit arm.
News
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Five insurance brokers sanctioned in UAE compliance driveThe Central Bank of the UAE (CBUAE) has taken action against five insurance brokers for failing to meet anti-money laundering and counter-terrorism financing requirements.
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Abu Dhabi Crown Prince begins official visit to KazakhstanHis Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, is leading a high-level UAE delegation to explore opportunities to enhance cooperation with Kazakhstan.
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Unsafe jet skis seized in Dubai Police safety driveDubai Police have confiscated 32 jet skis during a major inspection at Fishing Harbour 3, targeting rental companies as part of a wider crackdown on marine safety violations.
