Business News from Friday, May 30th, 2025
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Trump's tariffs to remain in effect after appeals court grants stay
A federal appeals court temporarily reinstated the most sweeping of President Donald Trump's tariffs on Thursday, a day after a US trade court ruled that he had exceeded his authority in imposing the duties and ordered an immediate block on them.
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Dubai's new real estate tokenised platform draws 6,000+ to waitlist
Dubai’s real estate market is embracing tokenisation, with over 6,000 people joining the waitlist for Prypco Mint, a new platform that lets users buy fractional shares of property through secure digital tokens.
News
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UAE expresses solidarity with NigeriaThe United Arab Emirates has expressed its solidarity with the Federal Republic of Nigeria following floods that submerged the town of Mokwa in Niger State, in the north of the country, resulting in dozens of deaths and substantial damage to property.
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Fire contained at Sharjah fuel warehouseA fire erupted on Saturday morning at a fuel warehouse in the Al Hamriyah Port area of Sharjah, Sharjah Police has confirmed.
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Arab Parliament condemns Israel’s approval of 22 settlements in West BankThe Arab Parliament on Saturday condemned the decision of the Israeli occupation authorities to approve the construction of 22 new settlements in the West Bank, considering it a ‘’blatant'' violation of international law and UN Security Council Resolution 2334.
