Business News from Wednesday, April 2nd, 2025

The UAE has been ranked first globally for the fourth consecutive year in the latest Global Entrepreneurship Monitor (GEM) report.

Emirates has officially confirmed the launch of its Emirates Courier Express, an end-to-end delivery solution, a day after many believed the announcement to be an April Fool's prank.

Dubai Electricity and Water Authority (DEWA) improved its water and electricity efficiency by 43.61 per cent in 2024, resulting in a cumulative reduction of 104 million tonnes of carbon dioxide (CO2) emissions since 2006.

Trade agreements with Costa Rica and Mauritius under the UAE's Comprehensive Economic Partnership Agreements (CEPA) will come into effect on Wednesday.

US President Donald Trump was poised to impose sweeping new reciprocal tariffs on global trading partners on Wednesday, upending decades of rules-based trade, threatening cost increases and likely drawing retaliation from all sides.