Business News from Sunday, January 25th, 2026

H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, witnessed the signing of a partnership agreement between Dubai Municipality, the General Construction Company and Binghatti, to develop Hewi Al Barsha and Hewi Muhaisnah.

India plans to slash tariffs on cars imported from the European Union to 40 per cent from as high as 110 per cent, sources said, in the biggest opening yet of the country's vast market as the two sides close in on a free trade pact that could come as early as Tuesday.

Dubai Chambers explored ways to deepen economic cooperation with Serbia during a recenttrade mission to Belgrade aimed at expanding bilateral engagement across a range of sectors.