News
– On September 22, in New York, Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan, serving as UAE Deputy Prime Minister, took part in a meeting organized by U.S. President Donald Trump. The gathering gathered prominent figures and senior officials
– On Monday, Typhoon Dujuan delivered unprecedented rainfall and powerful winds to eastern Japan, triggering emergency landslide warnings and widespread disruptions to transportation. The Japan Meteorological Agency issued a Level 5 landslide warning for Oshima in the Izu Islands at
Business
The global financial community continues to hold a highly optimistic view of the economic prospects of the United Arab Emirates. Recent macroeconomic analyses published by the World Bank Group suggest that this sovereign nation will see substantial growth over the
– Gulf Cooperation Council Secretary-General Jasem Mohamed Albudaiwi urged increased cooperation with Europe to safeguard international supply networks from maritime disruptions and escalating transportation expenses. During his address in New York on September 24, Albudaiwi emphasized that rising freight costs
– On Thursday, Egypt’s central bank decided to keep its key interest rates steady, continuing the policies set since February. The Monetary Policy Committee maintained the overnight deposit rate at 19.00% and the overnight lending rate at 20.00%. It also
– Economic expansion in developing Asia and the Pacific is expected to slow to 5.0% in 2026, down from 5.5% in 2025. The Asian Development Bank increased its forecast for 2026 by 0.1 percentage points from its July projection. According
– Remittances from Egyptians working abroad totaled approximately $29.7 billion in the first seven months of 2026. The Central Bank of Egypt reported that inflows increased by 28.1% compared to about $23.2 billion during January through July 2025. These figures
– China kept its benchmark lending rates steady in September, holding the one-year loan prime rate at 3.0%. The over-five-year LPR also remained at 3.5%, according to the official September 20 fixing. Many lenders reference this longer-term rate when setting
Technology
– Apple unveiled the iPhone Duo on Sept. 9, marking the company’s inaugural foldable smartphone. The device begins at $1,999 in the U.S. and features a 7.6-inch inner display that unfolds. When folded, it uses a 5.4-inch outer screen for
– Apple has revealed the latest iPhone 18 Pro and iPhone 18 Pro Max, introducing significant upgrades to camera technology, performance, and battery life. The new devices showcase a 48-megapixel Fusion Main camera with a variable aperture, a first for
– The United States is ramping up domestic battery manufacturing efforts in an effort to lessen reliance on China. The deeper obstacle lies within the supply chain itself, as China continues to dominate in battery materials, processing, and essential manufacturing
– Japan is advancing its efforts to combat investment fraud by deploying a new system that leverages artificial intelligence to identify warning signs at an earlier stage. The Consumer Affairs Agency announced this initiative on September 1. The system will
