Volkswagen has been ordered to forfeit its greenhouse gas emissions credits.
It comes after the US Environmental Protection Agency announced that auto software overstated real-world performance.
The German carmakers has also been told to lower the fuel economy ratings on 98,000 of its vehicles in the USA.
On Friday Volkswagen agreed to a USD$ 96.5 million court settlement to reimburse affected customers.
Airbus says most of its recalled 6,000 A320 jets now modified
Airbus fleets were returning towards normal operations on Monday after the European planemaker pushed through abrupt software changes faster than expected, as it wrestled with safety headlines long focused on rival Boeing.
GCAA confirms safe operation of Airbus aircraft
The General Civil Aviation Authority (GCAA) of the United Arab Emirates confirmed on Sunday that all UAE operators of Airbus A319, A320, and A321 aircraft had fully complied with the Emergency Airworthiness Directive issued by the State of Design authority.
OPEC+ set to hold oil output policy steady
OPEC+ will likely leave oil output levels unchanged at its meetings on Sunday, four OPEC+ sources said as the group slows down its push to regain market share amid fears of a looming supply glut.
Dubai sets new rules to regulate petroleum trading
Dubai has introduced new regulations related to the trading of petroleum products across the emirate.
DXB set for a strong year-end travel peak with 10 million guests expected
Dubai International (DXB) is preparing for a strong year-end travel wave, with forecasts indicating over 10 million travellers set to pass through the airport from November 27 to December 31.
President His Highness Sheikh Mohamed bin Zayed Al Nahyan has directed that seven new mosques in Abu Dhabi's Mohamed bin Zayed City will be named after the seven Emirates to mark the country's 54th Eid Al Etihad.
President His Highness Sheikh Mohamed bin Zayed Al Nahyan has said that Commemoration Day is a cherished national occasion on which the country honours the memory of its courageous heroes who gave their lives for the UAE.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said that on Commemoration Day the spirit of patriotism fills the hearts of all Emiratis, and the nation takes pride in the sacrifices of its martyrs.
