News

    The UAE president traveled with a senior delegation covering foreign affairs, trade, industry, defence, national security and advanced technology. It includes Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan and Industry and Advanced Technology Minister Sultan Al Jaber. Foreign Trade Minister Thani Al Zeyoudi and Minister of State Lana Nusseibeh are also part of the delegation. Several presidential advisers and other senior UAE officials accompanied Sheikh Mohamed to Berlin.

    Automotive

    The decision brings total planned job eliminations across the company to approximately 9,000 positions, representing roughly 21 percent of its 42,066 workforce. Company leadership confirmed that Porsche to cut 5,000 more jobs under restructuring plan negotiations following months of talks between management and labor councils. The initiative aims to bolster operational efficiency as the vehicle producer confronts declining market share in Asia, elevated global tariffs, and sluggish demand for electric vehicles.