The USA has lifted steel and aluminium tariffs on Canada.
Experts say the development could lead to a new North American trade deal.
In a joint statement, the two countries said a 25% tariff on steel imports, and 10% on aluminium will end in 48 hours.
A similar announcement is expected to be made between the US and Mexico as well.
Dubai Retail to open new mall on Al Khail Road in 2027
Dubai Retail, under Dubai Holding Asset Management, has unveiled Skylight Mall, a shopping destination set to open on Al Khail Road in 2027.
UAE trade deal with Eurasian Economic Union comes into force
The UAE's Economic Partnership Agreement with the Eurasian Economic Union (EAEU) has officially come into force, opening up preferential access to markets in Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia.
Fitch affirms Ras Al Khaimah at A+ and raises growth forecast
Fitch Ratings has affirmed Ras Al Khaimah’s long-term credit rating at A+ and raised its economic growth forecast for 2026.
G7 to release 100 million barrels from energy stocks
Group of Seven (G7) countries agreed on Friday to release 100 million barrels of diesel and crude oil from emergency reserves and pledged to refrain from energy export restrictions after pressure from US President Donald Trump.
First UAE-built commercial satellite launches successfully
Altair-1, the first commercial satellite built in the UAE, has successfully launched into orbit, marking a major milestone for the country's growing private space sector.
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Pinoy Expat Corner
In the fight against cancer, how important is having a strong support system—family, friends, and the community?
Pinoy Expat Corner
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Pinoy Expat Corner
What should beginners know before getting into off-roading? What type of vehicle is ideal for off-road adventures?
