The European Union (EU) has chosen Kristalina Georgieva as their pick to be the next head of the International Monetary Fund (IMF).
It came after more than a dozen hours of talks on Friday.
Experts say the sheer length of the meeting showed the level of internal division among the bloc.
Georgieva is the 65-year-old from Bulgaria who is currently the chief executive of the World Bank.
She got the backing of a majority of the 28 EU states to prevail over Jeroen Dijsselbloem from the Netherlands.
Nakheel unveils new sustainable community beside Palm Jebel Ali
Nakheel, a member of Dubai Holding Real Estate, has unveiled Palm Springs, a 3.8 million sq m residential masterplan adjacent to Palm Jebel Ali in southern Dubai.
Dubai showcases latest innovations in electric, smart mobility
More than 300 local and international organisations are showcasing the latest developments in electric vehicles and future transport at the inaugural Dubai International Electric Vehicle Exhibition and Conference (EV World 2026).
US sues Lyft, alleges discrimination against disabled riders
The US Justice Department sued Lyft on Monday, alleging the ride-hailing ​services provider discriminated against passengers with disabilities, including those who use service animals and mobility devices such as stowable wheelchairs.
ADNOC Distribution reports $791 million net profit in first 9 months
ADNOC Distribution has reported a 37 per cent year-on-year increase in net profit to $791 million in the first nine months of 2026.
Tesla to pull the plug on Cybertruck after years of poor sales
Tesla will wind down Cybertruck production at its Texas gigafactory around mid-2027, CEO Elon Musk said on Friday, after years of persistently weak sales for a futuristic model once touted as a rival to legacy pickup trucks.
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, UAE Deputy Prime Minister and Defence Minister, has honoured 13 winners of the inaugural 'Dubai-it Award', which celebrates exceptional achievements by individuals, projects, institutions and companies across various sectors.
Several beaches in Ras Al Khaimah have reopened to the public, with access to remaining locations set to resume in phases.
Abu Dhabi has brought hundreds of new electric vehicle charging units into operation across public parking areas, as part of efforts to encourage greener transport across the emirate.
