BMW and Mercedes-Benz have lowered their prices in China.
It comes after the country's government announced it will reduce value-added tax (VAT) from April 1.
The German car manufacturer published posts on Chinese social media announcing an immediate reduction in price for several models.
The BMW 3, BMW 5, BMW X5 and BMW 7 series will all be cheaper now as will the BMW 320Li M model.
Abu Dhabi names board of new sovereign investment firm
Abu Dhabi's Supreme Council for Financial and Economic Affairs has announced the formation of the Board of Directors for L’IMAD Holding Company, chaired by His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan.
H.H. Sheikh Mohammed hails Dubai real estate sector's exceptional growth
Dubai’s real estate sector recorded exceptional growth in 2025, reaching AED 917 billion in transactions — surpassing expectations and moving closer to the long-term target of AED 1 trillion by 2033.
DP World, Pakistan Railways break ground on Pipri freight corridor project
DP World, Pakistan Railways and National Logistics Corporation (NLC) have begun construction on the Dedicated Freight Corridor and Multimodal Logistics Park at Pipri, following a groundbreaking ceremony held at the site.
UAE content creators can sell globally on Amazon under new agreement
Creators HQ has collaborated with Amazon to enable UAE-based content creators to launch and scale their own products on the online shopping platform, globally.
Masdar signs agreement for solar project in Angola
Masdar, a global clean energy leader, has signed a Power Purchase Agreement (PPA) for the 150-megawatt (MW) Quipungo Solar Photovoltaic project in Angola, marking Masdar’s first PPA in the country.
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The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.
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Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.
UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
Does working from home kill productivity or can it benefit staff by giving them more flexibility and a better work/life balance?
Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?
Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!
