China’s stocks have steadied today after dropping more than 5% in the previous two days. Yesterday stocks plummeted to an eight-month low, dashing hopes that the country’s economy was on its way to a strong recovery. More good news for China’s economy came in the form of the consumer inflation report, which remained modest in April with commodity prices also rebounding.

DXB welcomes 31.5 million guests in H1 amid regional disruptions
Dubai continues to lead global cities in cultural and creative FDI
Volkswagen CEO faces angry workers in push for radical cuts
Parkin and Bahrain's Amakin team up on smarter parking solutions
