The UAE is one of the top countries worldwide in terms of economic freedom, a survey suggests. It came joint fifth in a poll by Canadian think tank Fraser Institute, tying with Georgia, Canada, Ireland and Mauritius. Hong Kong, Singapore and New Zealand topped the Economic Freedom of the World Report. It ranked 159 countries on government size, legal structure, property rights, access to money, freedom to trade internationally and regulation of credit, labour and business.
Tesla loses EV crown to China's BYD
Tesla ceded its crown as the world's top electric vehicle maker to China's BYD after annual sales fell for a second year, with intensifying competition, the expiration of US tax credits and damage to the automaker's brand hurting demand.
Dubai Duty Free celebrates record-breaking 2025
Dubai Duty Free has recorded the strongest year in its history, with annual sales reaching AED8.68 billion ($2.38 billion) in 2025, driven by record-breaking monthly performances and strong demand from international travellers.
UAE updates capital market laws to strengthen financial oversight
The UAE has introduced two new federal decree laws aimed at modernising how its financial markets are regulated and supervised.
Disney agrees to pay $10 million to resolve alleged child privacy law violations
Walt Disney has agreed to pay a $10 million civil penalty as part of a settlement to resolve allegations it violated child privacy laws in some videos uploaded to YouTube, the US Department of Justice said on Tuesday.
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