China's President Xi Jinping has said his country will provide $60 billion to fund development on the African continent. Xi was speaking to African presidents on Friday at the Forum on China-Africa Cooperation in Johannesburg. Xi, who is co-chairing the Forum where several African heads of state are attending, outlined a broad ten-point development plan driven by China.
UAE trade deal with DR Congo takes effect
The UAE’s Comprehensive Economic Partnership Agreement (CEPA) with the Democratic Republic of Congo has officially come into force, opening up new opportunities for trade and investment between the two countries.
Crypto exchange Binance freezes assets after $6.3 billion security breach
Binance, the world's largest cryptocurrency exchange, said a security breach had resulted in an estimated $6.3 billion impact that analysts said could amount to the biggest crypto heist ever and might make investors rethink the risks of owning digital assets.
DFM traded value rises 22% to AED162 billion in 2026
The Dubai Financial Market (DFM) has reported a total traded value of AED162 billion so far in 2026, up by 22 per cent.
Sheikha Latifa explores avenues for closer cooperation with South Korea
Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority, has met South Korean ministers, senior government officials and business leaders during a visit to Seoul aimed at strengthening cooperation across key sectors.
UAE to fast-track CEPA negotiations after historic Canada deal
UAE Minister of Foreign Trade Dr. Thani Bin Ahmed Al Zeyoudi expects more economic deals to be fast-tracked with other countries after signing an historic Comprehensive Economic Partnership Agreement (CEPA) with Canada.
