The USA will suspend the implementation of its next tariff hike on Chinese imports.
It comes after two days of trade talks between the countries in Washington.
Donald Trump said negotiators had successfully reached a "phase one deal."
The US President said this would increase agricultural purchases as well as address issues like technology theft.
Meanwhile, Liu He, who is China's chief negotiator, told reports that he was "happy" with the progress of the talks.
High-level Dubai meeting discusses continuity of supply chains
Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, has chaired a high-level coordination meeting in Dubai bringing together global shipping companies and industry associations to address challenges facing regional supply chains.
ATM 2026 rescheduled to August
The 2026 edition of Arabian Travel Market (ATM), originally scheduled to take place from May 4-7 at Dubai World Trade Centre, will now take place from August 17-20, with the venue remaining unchanged.
UAE Central Bank approves resilience package to support banking sector
The UAE’s Central Bank (CBUAE) approved, on Tuesday, a wide-ranging financial resilience package aimed at strengthening the banking sector and supporting the wider economy amid global and regional uncertainty.
IEA members could release more oil stocks 'as and if needed,' agency chief says
Member countries of the International Energy Agency (IEA) could release more oil into the market later "as and if needed" after they have already agreed the largest-ever reserve release, Executive Director Fatih Birol said on Monday.
EU floats Black Sea model to unblock Strait of Hormuz
EU foreign policy chief Kaja Kallas said on Monday she had discussed with the United Nations the idea of freeing up transport of oil and gas through the Strait of Hormuz by replicating a deal that gets grain out of Ukraine during wartime.
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and his US counterpart Donald Trump have discussed regional developments and their serious implications for peace and security.
The UAE's National Emergency Crisis and Disaster Management Authority (NCEMA) and its strategic partners are closely monitoring weather conditions in the coming days and implementing proactive measures to mitigate potential impacts nationwide.
The UAE's Ministry of Defence announced it is continuing to intercept incoming missile and drone threats from Iran, with a second update issued on its official channels on Thursday at 5:28 pm.
