Business News from Thursday, April 10th, 2025

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and the UAE's Deputy Prime Minister and Defence Minister, has inaugurated DP World's state-of-the-art Free Trade Warehousing Zone (FTWZ) in Mumbai.

India’s top business school, IIM Ahmedabad, is set to open a new campus in Dubai, and plans are also underway for a UAE-India Friendship Hospital in the city.

A Global Cyber Security Centre of Excellence has been launched in Abu Dhabi, marking the UAE's collaboration with Google to use AI to advance digital infrastructure and ramp up cyber security.

Chinese companies that sell products on Amazon are preparing to hike prices for the US or quit that market due to US President Donald Trump's unprecedented tariff hikes, sellers and the head of China's largest e-commerce association said.

In a stunning reversal, US President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries while further ramping up pressure on China, sending global stocks rocketing higher.