Baidu's Apollo Go gets first autonomous driving permits in Dubai

Horizons Middle East & Africa is set to be your go-to source for the latest updates from one of the world's most dynamic regions. Broadcasting live from Dubai, this platform offers insightful market analysis and engaging interviews, making it essential for anyone interested in the MEA landscape. Whether you're commuting in the Gulf, enjoying lunch in Hong Kong, or starting your day in London or Johannesburg, Horizons ensures you stay informed about the fast-paced developments in this vibrant area.

In a significant development, Gupta has sold his luxurious mansion in Dubai's Palm Jumeirah for $11.8 million amid growing business challenges. This sale comes as Liberty Steel, a key part of his business empire, faces compulsory administration, raising concerns about the future of his ventures. The situation highlights the pressures on Gupta's financial stability and the broader implications for the steel industry.

Baidu's shares have experienced a significant drop of 7% in Hong Kong following a strong monthly rally. This decline raises concerns among investors about the sustainability of the company's recent gains and the overall market sentiment. Understanding these fluctuations is crucial for stakeholders as they navigate the volatile landscape of tech stocks.

In a thought-provoking article, Jonathan Liew critiques the populist right's admiration for Dubai, highlighting the stark contrast between the emirate's polished image and its underlying issues. While politicians tout Dubai as a model of cleanliness and low crime, Liew warns that this perspective overlooks significant social and political challenges. The piece serves as a cautionary tale about the potential consequences of emulating such a controversial model, urging readers to consider the complexities behind the allure of a seemingly perfect society.

Dubai's recent initial public offering (IPO) of ALEC Engineering & Contracting LLC, valued at up to $381 million, has sold out, reflecting strong demand for shares. This move is significant as it highlights Dubai's strategy to privatize assets and take advantage of the ongoing construction boom in the Middle East, showcasing the emirate's economic resilience and growth potential.

A recent Emirates flight from San Francisco to Dubai faced chaos as passengers learned about President Donald Trump's controversial decision to impose a hefty $100,000 application fee on H-1B visas. This move has sparked significant concern among those reliant on these visas for employment in the U.S., highlighting the ongoing debate over immigration policies and their impact on skilled workers. The situation underscores the tension between economic needs and regulatory changes, making it a critical issue for many professionals.

CLSA has raised its price target for Baidu's stock to $160, highlighting the company's significant growth potential in the artificial intelligence sector. This adjustment reflects confidence in Baidu's ability to leverage AI technologies, which could lead to increased market share and profitability. Investors are likely to view this as a positive sign for Baidu's future performance, especially as AI continues to transform various industries.

Horizons Middle East & Africa is an exciting new platform that highlights the rapid growth and dynamic changes in one of the world's most vibrant regions. Broadcasting live from Dubai, it offers insightful market analysis and engaging interviews, making it a valuable resource for professionals across the globe. Whether you're in the Gulf, Hong Kong, London, or Johannesburg, this program keeps you informed about the latest developments in the MEA region, which is crucial for understanding global economic trends.

The FBI is investigating a deadly shooting involving ICE agents in Dallas, which is being described as 'targeted violence.' This incident has drawn attention from US Senator Ted Cruz, who labeled it as another example of politically motivated attacks. The implications of this investigation are significant, as it raises concerns about the safety of law enforcement and the increasing tensions surrounding immigration enforcement.

Recent reports indicate that wealthy individuals are experiencing a surge in positive consumer sentiment, reflecting their confidence in the economy. This is significant as it suggests that higher income groups are likely to increase spending, which can drive economic growth and benefit various sectors. Understanding this trend helps businesses and policymakers gauge market dynamics and consumer behavior.

Cornwall Council has announced a new initiative to automatically enroll children for free school meals starting in September 2026. This move is significant as it aims to ensure that all eligible children receive nutritious meals without the need for families to navigate complex application processes. By simplifying access to these meals, the council hopes to improve children's health and well-being, making a positive impact on their educational experience.

The Dutch government has successfully sold nearly half of TenneT Germany for a substantial $11.3 billion, marking a significant move in the energy sector. This sale not only strengthens the financial position of the Dutch government but also reflects confidence in the growing energy market in Germany. The investment is expected to enhance TenneT's capabilities in providing reliable energy solutions, which is crucial as Europe transitions towards sustainable energy sources.

Jade Road Investments has reported a net loss of $0.438 million for the first half of 2025, highlighting challenges the company is facing in a competitive market. This loss raises concerns among investors about the company's financial health and future prospects, making it a significant development in the investment landscape.

As the Budget approaches, many people are feeling anxious about potential changes to pensions, often reacting impulsively to rumors. It's crucial to stay informed and avoid common pitfalls that can arise from these knee-jerk reactions. Understanding the implications of tax speculation on pensions can help individuals make better financial decisions and avoid unnecessary panic.