Business News from Wednesday, April 16th, 2025
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IATA: Aviation sector contributes $92 billion to UAE economy
A new study from the International Air Transport Association (IATA) has revealed that aviation and related tourism contributed $92 billion (AED 337.9 billion) to the UAE’s economy in 2023, making up 18.2 per cent of the country’s GDP.
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Nvidia faces $5.5 billion charge as US restricts chip sales to China
Nvidia said it would take $5.5 billion (AED 20 billion) in charges after the US government limited exports of its H20 artificial intelligence chip to China, a key market for one of its most popular chips.
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Chinese exporters on Rednote ask local consumers to buy goods meant for US
Chinese sellers of items from lunch boxes to appliances have taken to social media platform Rednote to generate sympathy purchases, telling domestic consumers they are offloading stock at bargain prices amid US tariffs.
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The Rock and Chris Evans: A Christmas Surprise!The Rock and Chris Evans: A Christmas Surprise!
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Untold DubaiIt arrived: The UAE's First Mega Music Festival at Expo City Dubai!
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Mais Vault on the Kris Fade Show!The boys tried their 'pick up' lines on Mais Vault and things did not go according to plan...
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