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The UAE Fuel Price Committee has approved fuel prices for June 2026, with diesel prices recording a decline compared to the previous month, in a move that supports the stability of key sectors, particularly logistics and supply chains, thereby enhancing the competitiveness of the business environment and helping maintain market balance and price stability.

Petrol prices also saw limited adjustments in line with developments in global markets under the UAE's monthly fuel pricing mechanism, which is based on a flexible, transparent system that keeps pace with global market movements, supports sustainability, and reflects changes in energy prices in a balanced manner.

The approved prices are as follows:

Diesel: AED4.33 per litre.

Super ''98'' : AED3.95 per litre.

Special ''95'' : AED3.83 per litre.

E-Plus ''91'': AED3.76 per litre.

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Dubai’s Roads and Transport Authority (RTA) generated AED5.3 billion in revenue through digital channels in 2025, marking a 20.6 percent increase compared to 2024, reflecting growing adoption of digital services across its operations.

Transactions completed through digital channels exceeded 628 million, a 13 percent rise. RTA offers customers 105 digital services through six channels. Digital channel adoption reached 96 percent, while the average customer happiness index stood at 98 percent .

Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of RTA, said the results reflected the authority's progress from service digitisation towards an integrated digital ecosystem powered by data and artificial intelligence, supporting Dubai's ambition to become the world's smartest city.

“The next phase will focus on expanding the use of AI and emerging technologies in the design and delivery of services, while strengthening integration with government digital platforms. This will help build an advanced digital ecosystem that supports sustainable growth and keeps pace with rapid global developments in the mobility sector," Al Tayer added.

RTA achieved 94 percent on the Digital Maturity Index, reaching Level 5, the highest level across the Government of Dubai in 2025, and ranked among the top four government entities.

It also scored 83 percent in the Digital Customer Experience pillar, a 12 percent increase on 2024, and achieved 100 percent in the accessibility assessment for People of Determination.

The authority recorded customer usage of services via smart apps at more than 25 percent , a 40 percent increase year-on-year. RTA also launched 18 new services through the RTA Dubai app, designed in response to customer needs and government directions.

Smart apps continued to gain traction, with active users of the RTA Dubai app exceeding 1.2 million in 2025. Meanwhile, S’hail app also introduced a range of services linked to the automated fare collection system, including nol card services, alongside new features and enhancements that improved the integrated mobility experience and reinforced the concept of shared digital channels.

These developments support RTA’s drive to provide a unified and seamless mobility experience across Dubai’s various transport modes. They also contributed to higher app usage, with annual visits rising to 68 million, increasing by 144 percent from 2024. Requests for enquiry and journey-planning services also rose to 48 million, representing 48 percent growth.

RTA provides 103 services through the website, with 11 million transactions completed and a customer happiness index of 96 percent. RTA also launched four new digital platforms on the website, including dedicated platforms for the Road Safety Film Festival Competition, Delivery Service Excellence Award, Academic Scholarship Programme, and Dubai Award for Sustainable Transport.

RTA also added three new services: payment of advertising signboard fines, contesting violations, and the temporary passenger transport permit service, “Naqel”. RTA also introduced an AI-powered search feature to make services easier to access and improve the user experience.

RTA has significantly enhanced digital services through the virtual assistant “Mahboub”, adding and improving 15 digital services under Phase 3 of the Services 360 Plan. This raised the total number of interactive services to 32.

The enhancement also contributed to greater uptake of digital channels, with transactions increasing by 20.6 percent compared with 2024 and revenue collected rising by 8.1 percent.

Across alternative service channels, smart kiosks offering 24 services covering drivers, vehicles and nol witnessed growing uptake. Transactions increased by 17.3 percent compared with 2024, surpassing 1 million, while revenue exceeded AED425 million, a rise of more than 11 percent year-on-year. As part of kiosk expansion plans, RTA launched four new interactive kiosks at Customer Happiness Centres.

The WhatsApp channel offers 16 services, with revenue from parking ticket reservations rising to more than AED21.7 million. RTA also launched “Madinati” service via Mahboub chatbot on WhatsApp, using computer vision and generative AI technologies to support the shift towards proactive smart services.

RTA continued to implement objectives of the Services 360 Policy by launching and enhancing 48 of 74 digital services across digital channels, strengthening service integration and simplifying the customer journey.

It also expanded services across shared digital channels. RTA added 14 services to S’hail app under the “Mobility in Dubai” channel, enhanced 23 services on “Dubai Now”, and upgraded 21 services on “Invest in Dubai”. RTA also made 10 services available through “Visit Dubai” and integrated RTA services into the “Build in Dubai” platform.

RTA continued to strengthen global presence and excellence, winning two Global Business Tech Awards. The RTA Dubai app won the “Best Application of Tech – Public Sector” award, while S’hail app won the “Best Mobile Tech of the Year” award.

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Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), today received a high-level delegation from Etihad Rail, the developer and operator of the UAE’s national railway network.

The delegation was led by Mohammed Abdulla Alshehhi, Chief Projects Officer, and Ahmed Lootah, Executive Director – Commercial.

During the meeting, Al Tayer commended Etihad Rail’s role as a cornerstone of sustainable economic growth and national integration, as well as a key catalyst for several forward-looking national aspirations. He recognised the network as a vital driver of the UAE’s long-term development ambitions.

Al Tayer also highlighted DEWA’s deep expertise in energy and smart technologies, positioning it as a key enabler of Etihad Rail’s standing as a critical logistics and mobility backbone for the nation.

He emphasised that DEWA’s leadership in solar energy, energy storage, smart grids and artificial intelligence-enabled infrastructure complements Etihad Rail’s strategic role, unlocking unique opportunities for cross-sector integration – from powering rail networks with clean energy to developing intelligent, sustainable transport and utility corridors that serve as a model for low-carbon national development.

The two sides explored areas of collaboration aligned with the UAE’s vision for integrated, world-class infrastructure and a sustainable future. Together, they aim to set a global benchmark for low-carbon infrastructure, accelerate the UAE’s net-zero ambitions and establish a leading example for sustainable national development worldwide.

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DP World and the Government of the Dominican Republic will invest an additional US$100 million to expand logistics and warehousing infrastructure at the DP World Free Trade Zone (FTZ) in Caucedo.

Unveiled during the 12th World Free Zones Congress 2026, the investment is in addition to the US$760 million previously committed, further strengthening the country’s role as a manufacturing and logistics hub for the Americas.

In May 2025, DP World signed a US$760 million Memorandum of Understanding (MoU) with the Government of the Dominican Republic to expand the Port of Caucedo and its Free Trade Zone.

The latest investment, with the Ministry of Industry, Commerce, and MSMEs, will support the development of new warehouse infrastructure and increase overall logistics capacity, further integrating port, free zone, and logistics services at Caucedo to meet growing regional demand.

DP World plays a significant role in driving economic growth, employment, and trade connectivity across the Dominican Republic, according to independent research by Oxford Economics.

The UK-based researchers found DP World supported nearly 5,000 jobs nationwide and could increase goods exports to $2.4 billion by 2035. The port handled US$13.3 billion in total trade in 2024.

Morten Johansen, COO of DP World in the Americas, said, “The Dominican Republic is increasingly central to regional trade in the Americas. This additional US$100 million investment builds on our previously announced commitment, helping position Caucedo as a fully integrated logistics platform capable of supporting long-term trade and industrial growth.”

Manuel Martínez, CEO of DP World in the Dominican Republic, said, “By expanding logistics and warehousing infrastructure in the Caucedo Free Trade Zone, we are enabling customers to scale more efficiently while strengthening the Dominican Republic’s competitiveness as a regional trade hub.”

Trading Economics-


Japanese companies' spending on plant and equipment was unchanged from a year earlier in Q1 2026, reversing from a 6.5% increase in the previous quarter and ending a four-quarter streak of growth, signaling a loss of momentum in corporate investment. Capital expenditure in the manufacturing sector declined 0.4% after being flat in Q4, weighed down by lower spending in chemical products (-2.9%), fabricated metal products (-25.2%), business-oriented machinery (-8.6%), information and communication (-18.5%), and transport equipment (-7.6%). Meanwhile, non-manufacturing investment edged up 0.3%, supported by gains in wholesale and retail trade (2.1%), goods rental and leasing (37.6%), information and communication (6.2%), transport and postal activities (0.4%), and electricity production, transmission, and distribution (18.0%). The mixed performance suggests firms remained selective in their investment plans amid an uncertain economic environment.

Trading Economics-


South Korea’s trade surplus surged to USD 26.95 billion in May 2026, up from USD 6.93 billion in the same month a year earlier, surpassing market expectations of a USD 24.3 billion surplus and marking a 16th consecutive month in the black and the largest surplus on record, flash data showed. Exports jumped 53.2% yoy to a record peak of USD 87.75 billion, beating market forecasts of 48.4% and accelerating from a 48.0% rise in April, mainly driven by a surge in semiconductor exports. Shipments rose for a 12th straight month, with semiconductor sales soaring 169.4% to a record USD 37.16 billion, lifted by strong AI investment. Shipments to China and the US surged by 80.9% and 59.1%, respectively. Meanwhile, imports increased 20.8%, softer than expectations of 21.5% but accelerating from 16.7% growth in April, and the fastest pace since August 2022, supported by resilient domestic demand. For the first five months of the year, the country posted a USD 101.91 billion surplus.

Trading Economics-


The Nikkei 225 Index advanced 0.91% to close at 66,934 on Monday, reaching a fresh record high as technology shares extended gains amid continued enthusiasm for the artificial intelligence-driven rally. Japanese firms remain deeply involved in the global expansion of AI infrastructure, helping position the domestic market among the strongest beneficiaries of the worldwide tech surge. Leading gains in the sector were SoftBank Group, which jumped 14%, followed by Kioxia Holdings (+10.1%), Murata Manufacturing (+9%), Tokyo Electron (+1.2%), and Sumitomo Electric (+4.7%). On the economic front, Japan’s capital spending was flat in the first quarter compared with a year earlier, pointing to a slowdown in corporate investment activity.

Trading Economics-


The benchmark KOSPI climbed 3.68% to close at 8,788 on Monday, hitting a fresh record high amid strong semiconductor exports and continued AI-driven demand. South Korea’s exports surged 53% year-on-year to a record $87.8 billion in May, led by a 169% jump in semiconductor shipments, reinforcing optimism over the sector’s earnings outlook. Samsung Electronics led the advance, soaring 10.09%, while LG Electronics jumped 29.86% as investors looked ahead to Nvidia CEO Jensen Huang’s visit to South Korea later this week on expectations of AI and semiconductor partnership opportunities. Additional support came from record highs on Wall Street, fueled by sustained enthusiasm for AI infrastructure spending. Other notable gains included SK Hynix (1.29%), SK Square (1.87%), Hyundai Motor (3.73%), Doosan Enerbility (1.23%), and KB Financial Group (1.00%).

Trading Economics-

The RatingDog China Manufacturing PMI eased to 51.8 in May 2026 from an over five-year high of 52.2 in April, but came in above forecasts of 51.4. Growth for new orders and output moderated but stayed robust, supported by domestic demand, new customers and product upgrades, while export orders dipped slightly. Production also rose strongly, among the highest since late 2024. Meanwhile, employment edged into marginal contraction, and supplier delivery times lengthened for a third month, albeit modestly, alongside higher input purchases and six consecutive months of rising input stocks. Inflationary pressures eased, with input and output price increases slowing for the first time in six and seven months respectively, though costs remained elevated due to raw materials, energy and supply disruptions. Business confidence stayed positive but softened, driven by expectations of stronger demand, new orders and capacity expansion.

Trading Economics-


The Shanghai Composite fell 0.27% to close at 4,058 on Monday, hitting its lowest level in more than a month, while the Shenzhen Component dropped 1.51% to 15,340, as investors assessed mixed PMI readings against the backdrop of the ongoing Middle East conflict, while sharp losses in heavyweight technology stocks further added to downward pressure. Official data showed that the Composite PMI rose to 50.5 in May from 50.1 in April, supported by a slight rebound in the non-manufacturing sector (50.1 vs. 49.4), while the manufacturing PMI (50.0 vs. 50.3) edged lower. A private survey also showed the Manufacturing PMI slipped to 51.8 from April's five-year high of 52.2. Meanwhile, technology stocks also weighed on both benchmarks amid profit-taking, with notable decliners including Cambricon Technologies (-1.47%), SMIC (-3.19%), Zhongji Innolight (-2.21%), Eoptolink Technology (-4.18%), and NAURA Technology (-3.89%).

Trading Economics-


The ASX 200 was little changed on Monday, the first trading day of June, closing at 8,729 after the prior session’s rally. Gains in tech services, healthcare, and commercial services offset declines in process industries and consumer services. Traders braced for a busy week of domestic releases, including Q1 business inventories, company gross profits, and GDP. April trade data will also be due after March exports fell, but imports surged. In the meantime, fresh figures showed job ads rose in May for the first time in three months, while the monthly inflation gauge slipped 0.3% mom, its first decline since February. In the U.S, stock futures edged higher after President Donald Trump said Tehran “really wants to make a deal” that would benefit the U.S. and its allies. Two of the big four banks posted modest gains, alongside heavyweight BHP Group (0.3%) and Rio Tinto (1.7%). On the downside, Lynas Rare Earths slipped 2.6%, CSL Ltd. fell 2.3%, and Bluescope Steel lost 1.1%.

Trading Economics-


The Istanbul Chamber of Industry Türkiye Manufacturing PMI rose to 49.8 in May 2026 from 45.7 in April. The reading was the highest since March 2024 and signaled a near-stabilization in manufacturing sector conditions. Output returned to growth after falling sharply in April. External demand also improved, with new export orders rising, ending a 20-month period of decline. This helped to cushion the drop in total new orders, which nevertheless fell slightly during the month. Employment levels were reduced for another month, albeit to the smallest extent so far this year. Purchasing activity rose for the first time in over two years as some firms sought to build inventories amid rising costs and supply-chain disruptions caused by the Middle East war. Suppliers' delivery times lengthened further, with vendor performance deteriorating for the seventh month. While input costs continued to rise sharply, the rate of inflation eased, a trend that was also reflected in output prices.

Trading Economics-


European stocks started June on a weaker footing, with both the STOXX 50 and STOXX 600 slipping around 0.1%. Investor sentiment remained fragile amid ongoing geopolitical tensions in the Middle East,Among individual stocks, Unilever (-1.0%), Airbus (-1.3%), Safran (-1.4%), and Intesa Sanpaolo (-0.8%) were down. In contrast, SAP (+2.0%) and Schneider Electric (+2.6%) outperformed, and the tech sector touched 2020-highs after the SoftBank Group pledged to invest €45 billion in France over the next five years to build AI infrastructure. Elsewhere, EasyJet surged more than 11% after stating that it had not received any takeover approach from Castlelake.

Trading Economics-


India’s BSE Sensex gave up early gains to close about 0.7% down at 74,267 on Monday, marking the fourth straight session of declines.Investors also looked ahead to four-day India–US talks on an interim trade pact starting today, aimed at finalizing details of the framework agreed in February, while caution prevailed ahead of the RBI’s monetary policy decision later this week and key GDP data. Meanwhile, India's manufacturing sector recorded stronger growth in May, with final figures surpassing flash estimates. Most sectors saw losses, particularly FMGC stocks, financials and autos. Meanwhile, stocks in IT sector and metal sector witnessed buying. Hindustan Unilever, ITC, NTPC, M&M, Kotak Bank and Bajaj Finance were the top losers, down between 1.7%-2.8%. Tech Mahindra, Infosys and TCS were the standout performers, rising 3.8%, 3.7% and 2%, respectively.

Trading Economics-


India’s BSE Sensex gave up early gains to close about 0.7% down at 74,267 on Monday, marking the fourth straight session of declines.Investors also looked ahead to four-day India–US talks on an interim trade pact starting today, aimed at finalizing details of the framework agreed in February, while caution prevailed ahead of the RBI’s monetary policy decision later this week and key GDP data. Meanwhile, India's manufacturing sector recorded stronger growth in May, with final figures surpassing flash estimates. Most sectors saw losses, particularly FMGC stocks, financials and autos. Meanwhile, stocks in IT sector and metal sector witnessed buying. Hindustan Unilever, ITC, NTPC, M&M, Kotak Bank and Bajaj Finance were the top losers, down between 1.7%-2.8%. Tech Mahindra, Infosys and TCS were the standout performers, rising 3.8%, 3.7% and 2%, respectively.