The US economy added 263,000 jobs in April, beating expectations.
Meanwhile the unemployment rate fell to its lowest level since 1969, falling from 3.8% to 3.6%.
The figures indicate the US economy remains on a strong track, although economists warn the strong numbers are unlikely to continue all year.
Despite the strong jobs growth, US inflation remains below the Fed's target of 2%.
Nakheel begins handover of 892 homes at Jebel Ali Village
Nakheel, a member of Dubai Holding Real Estate, has begun handing over 892 homes at Jebel Ali Village, which is expected to be home to approximately 5,500 residents.
Indian state shuts some Domino's, Pizza Hut outlets, citing hygiene lapses
The Indian state of Maharashtra has suspended the licences of four Domino's outlets after reporting grease residue in pizza-making machines and insect infestations, the latest move in an intensifying crackdown by food regulators.
ADNOC's XRG advances global gas strategy with Venezuela entry
XRG, ADNOC’s international energy investment company, has announced its entry into Venezuela through the award of the offshore Loran licence, and the transfer of interest in the licence by PDVSA Gas.
Iger, Kushner purchasing Lakers for record $12.5 billion
Venture capitalist Joshua Kushner and former Disney CEO Bob Iger are set to purchase the Los Angeles Lakers, with the deal valued at a record $12.5 billion, according to sources familiar with the matter on Wednesday.
Chair of India's Tata to step down after tension with controlling charity
The chairman of India's largest conglomerate Tata Sons will not seek reappointment, he said, citing the board's lack of backing after tensions with the charitable arm that controls the group.
The UAE has strongly condemned the Iranian attacks targeting the private office of Iraqi Kurdish Prime Minister Masrour Barzani and the home of its security intelligence chief in Iraq's Kurdistan region.
Dubai’s Roads and Transport Authority (RTA) has completed major upgrades on Al Marabea’ Street in Al Quoz, improving traffic flow and easing congestion.
Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, has discussed the latest regional developments in a phone call with Kuwaiti Foreign Minister Sheikh Jarrah Jaber Al-Ahmad Al-Sabah.
