Business News from Tuesday, August 26th, 2025
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ADGM penalises firm, directors for repeated reporting lapses
The Registration Authority of Abu Dhabi Global Market (ADGM) has issued financial penalties totalling $37,500 (AED 137,718) against Half Moon Investments Limited and three of its directors.
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India braces for export hit as steep new US tariffs loom
Indian exporters are bracing for disruptions after a US Homeland Security notification confirmed Washington would impose an additional 25 per cent tariff on all Indian-origin goods from Wednesday, ramping up trade pressure on the Asian nation.
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Albania honours UAE rescue team for wildfire relief effortsThe Albanian government has recognised the UAE's contributions to recent wildfire relief efforts in the country.
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UAE, Cyprus reaffirm commitment to Gaza aid via maritime corridorThe UAE and Cyprus have reaffirmed their joint commitment to delivering humanitarian aid to Gaza through the Amalthea Maritime Corridor.
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Dubai's Al Thanya Street set for major traffic enhancementsDubai’s Roads and Transport Authority (RTA) is rolling out rapid traffic upgrades along Al Thanya Street - a vital link between Sheikh Zayed Road and Al Wasl Road.
