• 21 Sep, 2026

Gulf Business News Live | UAE business news updates live

Court Blocks Donald Trump Tariffs, but New 15% Tax Still Keeps Investors in the United Arab Emirates on Alert

The United States Supreme Court ruled that Donald Trump lacked authority to impose broad tariffs without Congress, with Chief Justice John Roberts stating the law did not grant such power. Markets and officials in the European Union, Canada, and United Kingdom reacted cautiously, while investors in the United Arab Emirates watch economic conditions and the role of the Federal Reserve.

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World Bank Set to Oversee Gaza Strip Reconstruction Fund

World Bank President Ajay Banga announced a new international fund to oversee reconstruction in the Gaza Strip. The World Bank will manage global donations as a limited trustee, ensuring transparency while financing projects to rebuild infrastructure, housing, and public services after the recent conflict.

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UAE Launches Programme to Attract 1,000 Global Trade Firms

The UAE has unveiled a bold economic programme to attract 1,000 of the world’s top trading companies, while launching a digital gateway to connect Emirati exporters to global markets. The initiative, announced by Sheikh Mohammed bin Rashid Al Maktoum, is designed to reinforce the UAE’s role as a leading international trade hub.

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UAE Loan Rules Change: More Residents Now Eligible for Credit

The UAE has announced a major change to its lending rules, with the Central Bank officially removing the long-standing minimum salary requirement for personal loans. Banks can now set their own eligibility criteria, potentially opening the door for low-income workers, young professionals and first-time borrowers to access formal credit more easily.

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