Business from Friday, January 3rd, 2025

Dubai welcomed 16.79 million international tourists during the first 11 months 2024 between January and November, an increase of nine per cent compared to the same period last year when the number of international tourists reached 15.37 million.

Dubai International (DXB) is on track to welcome 4.3 million guests in the first 15 days of the year, setting the stage for its busiest January yet.

US President Joe Biden has decided to officially block Nippon Steel's proposed $14.9-billion purchase of US Steel, a person familiar with the decision said on Friday, dealing a probably fatal blow to the contentious merger plan.

Abu Dhabi Global Market (ADGM) has announced a 50 per cent reduction of company registration fees for non-financial and retail companies within its jurisdiction, including Al Maryah and Reem Islands, while increasing fees for financial and tech companies.