U.S. Sanctions Impact UAE Businesses

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🔥 Today’s Top Money News

1️⃣ U.S. Sanctions Impact UAE Businesses The U.S. Treasury has issued fresh sanctions targeting entities in the UAE linked to Iran's drone program. This could impact regional trade dynamics and create uncertainty in UAE markets.

2️⃣ UAE and Saudi Arabia Unveil New Currency Symbols In a landmark branding move, Saudi Arabia and the UAE have introduced new symbols for the riyal and dirham, boosting global recognition of their currencies.

3️⃣ Zero CO₂ Cement Factory Opens in UAE Saker Capital Group is launching the world's first cement factory with zero CO₂ emissions. A significant step towards sustainability, this could reshape industrial practices regionally and globally.

4️⃣ Uber and WeRide Partner with Dubai’s RTA Dubai pushes forward in autonomous driving technology through a new partnership with Uber and WeRide, setting the stage for self-driving solutions in the city’s transportation network.

💡 Investment Insight:

Union Properties (DFM: UPP) continues to outperform, rising 40% YTD, driven by debt reduction and strong profit growth.