TRENDING NEWS
Asia-Pacific Developing Economies Expected to Expand by 5% in 2026
According to the Asian Development Bank’s latest outlook, economic growth across developing Asia and the Pacific is projected to slow to 5.0% in 2026. In 2025, the region experienced a 5.5% increase. The updated forecast for 2026 is 0.1 percentage point higher than the bank’s July prediction. Growth is anticipated to reach 5.1% in 2027, driven by investments, public expenditure, and ongoing demand for technology exports related to artificial intelligence.
India and Russia are ramping up efforts to expand their non-energy trade and mutual investments as both countries aim to reach a $100 billion annual bilateral trade volume by 2030. During the INNOPROM India 2026 industrial trade exhibition, officials laid out plans to reduce India’s notable trade deficit by increasing exports of pharmaceuticals, auto components, textiles, and agricultural products to Russian markets. The trade strategy, which includes 40 ongoing priority investment projects and strengthened local-currency settlement mechanisms, is designed to foster industrial integration and bolster cross-border supply chains across Eurasia.
The United Arab Emirates has committed to channel €40 billion into Germany, targeting sectors such as industry, technology, energy, and digital infrastructure. This significant funding was unveiled during President Sheikh Mohamed bin Zayed Al Nahyan’s state visit to Germany. German Chancellor Friedrich Merz accompanied the UAE leader as both governments outlined a broader framework of economic agreements. UAE investment in Germany targets industry, AI, digital infrastructure and energy. A major element of the UAE’s investment plan centers on digital infrastructure. The two nations presented proposals for cutting-edge data centres with a total capacity of approximately 1 gigawatt in Germany. Their joint declaration also touched on topics such as artificial intelligence, industrial advancement, and energy initiatives. During the visit, companies from both countries signed 29 agreements and memoranda of understanding, with a combined worth surpassing €9.356 billion. Additionally, the UAE and Germany agreed to establish a German-UAE Investment Council. This body will link government agencies with private-sector companies to foster increased investment activity between the two nations. Both governments also initiated a Strategic Dialogue to explore cooperation in trade, technology, investment, energy, transport, education, security, and other bilateral areas. The €40 billion pledge follows several major investments linked to the UAE in Germany. According to the joint government statement, XRG has invested approximately €15 billion in the chemicals firm Covestro. Officials also highlighted collaborations involving Covestro, RWE, ADNOC, and Masdar within the scope of the broader economic partnership
Apple has expanded its iPhone lineup with the addition of a foldable device, the iPhone Duo. The company announced the product on Sept. 9, with preorders set to open on Oct. 16. U.S. pricing starts at $1,999, while in the UAE, the base price is AED 8,499. Sales will commence on Oct. 23 across over 70 countries and regions. This launch marks Apple’s first smartphone with a book-style design featuring separate outer and inner displays. The iPhone Duo is Apple’s first foldable iPhone and starts at $1,999 in the US. The iPhone Duo features a 5.4-inch outer screen for regular use when the device remains closed. When opened, it reveals a 7.6-inch Super Retina XDR display designed for larger applications and multitasking. Both screens support ProMotion and Always-On functions, with outdoor brightness capable of reaching 3,000 nits. Apple has crafted the case from Grade 5 titanium and constructed the hinge from over 100 components. Additionally, the phone carries an IP68 rating for water and dust resistance. The device’s software is central to its use of the extra display space. Apple developed iOS 27.1 to support both folded and unfolded modes. Split View enables users to position two apps side by side on the inner display. Users can also run two windows from the same app and save app combinations for later use. The larger screen allows for two Home
More than 55,000 individuals have been displaced from high-risk zones across Hainan due to severe rainfall that triggered flooding and the threat of landslides. Authorities ramped up evacuation efforts through September 14 as rising river levels and water intrusion into vulnerable communities persisted. The operation targeted low-lying districts, regions near waterways, and zones susceptible to geological hazards. Emergency teams also arranged temporary shelters and provided essential supplies for residents unable to return home.
During the high-level plenary session, the two leaders engaged in structured discussions aimed at enhancing bilateral trade and attracting more institutional investment. Focus areas included advancing economic collaborations, infrastructure projects, renewable energy initiatives, and the integration of cutting-edge technologies. Sheikh Mohamed expressed confidence in the visit’s potential to open new avenues for constructive commercial partnerships and sustained economic development, welcoming the Albanian delegation warmly. The discussions underscored shared commitments to environmental sustainability and climate change mitigation strategies.
Nepal has determined that approximately $4.78 billion will be necessary to rebuild following the floods along Bhote Koshi on August 26. According to the government’s Rapid Damage and Needs Assessment, direct physical damages are estimated at about $1.8 billion, while economic losses are calculated around $883 million. This assessment encompasses social services, productive sectors, and key infrastructure. The floods impacted areas such as Rasuwa, Nuwakot, Dhading, and other locations along the river system, damaging homes, roads, bridges, and energy facilities.
During their recent discussions, the leaders of the United Arab Emirates and India emphasized the importance of expanding economic and strategic cooperation, with bilateral trade reaching a record high of $101.25 billion during India’s 2025-26 fiscal year. Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan met with Indian Prime Minister Narendra Modi in New Delhi on September 12, where they discussed enhancing ties between the UAE and India. The meeting occurred at Hyderabad House amidst the 18th BRICS Summit, focusing on economic cooperation, investments, trade, and the broader Comprehensive Strategic Partnership connecting the two nations.
The Panama Canal is contemplating a further reduction in daily vessel transits due to ongoing drought conditions affecting its water reserves. According to Administrator Ilya Espino de Marotta, the number of ships passing through could decrease to approximately 29 per day in February or March 2027. Any additional cutback will depend on persistent dry weather and reservoir levels. The waterway is already on track to limit transits to 32 daily crossings starting September 15.
Business
Asia-Pacific Developing Economies Expected to Expand by 5% in 2026
According to the Asian Development Bank’s latest outlook, economic growth across developing Asia and the Pacific is projected to slow to 5.0% in 2026. In 2025, the region experienced a 5.5% increase. The updated forecast for 2026 is 0.1 percentage point higher than the bank’s July prediction. Growth is anticipated to reach 5.1% in 2027, driven by investments, public expenditure, and ongoing demand for technology exports related to artificial intelligence.
News
Abdullah bin Zayed takes part in New York discussions on Middle East peace and stability. Representing various countries, the meeting featured Jordan’s King Abdullah II and Qatar’s Emir Sheikh Tamim bin Hamad Al Thani. Turkish President Recep Tayyip Erdoğan and Syrian President Ahmed Al-Sharaa also participated. Kuwait’s Crown Prince Sheikh Sabah Khaled Al-Hamad Al-Sabah was present along with Egyptian Prime Minister Mostafa Madbouly. Saudi Foreign Minister Prince Faisal bin Farhan contributed to the discussions as well. The broader regional group was completed by senior representatives from Bahrain, Oman, Iraq, Lebanon and Jordan. Discussions centered around security, stability, and development initiatives in the Middle East. The group also examined ways to enhance international cooperation to address regional and global challenges. Sheikh Abdullah emphasized the UAE’s backing for efforts that promote de-escalation and lasting peace. He drew a connection between regional stability, economic growth, and overall prosperity. These conversations echoed many issues addressed at the UN gathering, where leaders often utilize formal sessions and separate meetings to tackle security, development, and diplomatic relations. Regional Security at the Forefront of New York Talks During the discussion, Sheikh Abdullah also highlighted the relationship between the UAE and the United States. He pointed out the strong cooperation based on shared interests, mutual respect, and longstanding ties. The two nations collaborate extensively across economic, political, and development sectors. Additionally, Sheikh Abdullah recognized President Trump’s efforts
Typhoon Dujuan brings heavy rain, landslide risk and travel disruption across eastern Japan. At noon, Dujuan was progressing north-northeast over waters west of Hachijojima, maintaining an extensive storm-force wind zone. Meteorologists tracked the storm’s movement toward the Izu Islands and the Kanto area. It was forecasted to pass near Kanto later Monday as it sped northeastward. Weather authorities issued warnings for fierce winds, rough seas, and additional heavy rainfall along eastern Pacific coastal regions. They also monitored for linear rain bands, which can produce intense localized downpours within a short span. The storm caused damage and led to closures across several prefectures. The Ministry of Land, Infrastructure, Transport and Tourism reported three landslides in Chiba by 2 p.m., destroying one home and partially damaging another. Additionally, two landslides occurred in Miyazaki, resulting in one death and one injury. Heavy rains prompted the closure of 32 sections on six expressways and three national roads. Flooding and fallen trees also shut down 16 prefectural roads across Ibaraki, Saitama, and Chiba.
The death toll from the September 18 attack on Kohat’s Old Police Lines has risen to 23, including 17 police personnel and six civilians, according to Khyber Pakhtunkhwa Police and Rescue 1122. The assault began during Friday prayers when an explosives-laden vehicle detonated near a mosque inside the police complex. Armed attackers then entered the compound and opened fire. Rescue teams moved scores of wounded people to hospitals as security forces sealed the area.
UAE and Senegal advance bilateral talks on economic cooperation and global water priorities. Sheikh Mohamed welcomed Faye and highlighted areas where the two nations already work closely together. Economic cooperation was a central focus of the meeting, with both presidents considering opportunities linked to investment and development priorities in their countries. These discussions occurred amidst ongoing official exchanges between Abu Dhabi and Dakar. Throughout 2026, UAE and Senegalese officials have held multiple meetings centered on trade, investment, government collaboration, and preparations for a significant global water conference. The officials also addressed the upcoming 2026 United Nations Water Conference, which the UAE and Senegal are set to co-host. Scheduled to take place in Abu Dhabi from December 8 to 10, the conference aims to accelerate progress toward Sustainable Development Goal 6. This goal advocates for universal access to water and sanitation, as well as sustainable water resource management. Participants will include governments, international organizations, civil society, the private sector, and other stakeholders involved in water policy. Water summit plays a key role in discussions The United Nations has organized six interactive sessions for the December event, focusing on water for people, prosperity, the planet, cooperation, multilateral processes, and investment. The agenda will also cover financing, technological advancements, innovation, and capacity building. According to UN data, approximately 2.1 billion individuals still lack access to safely managed drinking water, and around 3.4 billion lack access to safely managed sanitation services. These issues are central to
Abdullah bin Zayed takes part in New York discussions on Middle East peace and stability. Representing various countries, the meeting featured Jordan’s King Abdullah II and Qatar’s Emir Sheikh Tamim bin Hamad Al Thani. Turkish President Recep Tayyip Erdoğan and Syrian President Ahmed Al-Sharaa also participated. Kuwait’s Crown Prince Sheikh Sabah Khaled Al-Hamad Al-Sabah was present along with Egyptian Prime Minister Mostafa Madbouly. Saudi Foreign Minister Prince Faisal bin Farhan contributed to the discussions as well. The broader regional group was completed by senior representatives from Bahrain, Oman, Iraq, Lebanon and Jordan. Discussions centered around security, stability, and development initiatives in the Middle East. The group also examined ways to enhance international cooperation to address regional and global challenges. Sheikh Abdullah emphasized the UAE’s backing for efforts that promote de-escalation and lasting peace. He drew a connection between regional stability, economic growth, and overall prosperity. These conversations echoed many issues addressed at the UN gathering, where leaders often utilize formal sessions and separate meetings to tackle security, development, and diplomatic relations. Regional Security at the Forefront of New York Talks During the discussion, Sheikh Abdullah also highlighted the relationship between the UAE and the United States. He pointed out the strong cooperation based on shared interests, mutual respect, and longstanding ties. The two nations collaborate extensively across economic, political, and development sectors. Additionally, Sheikh Abdullah recognized President Trump’s efforts
Health
Technology
Apple has expanded its iPhone lineup with the addition of a foldable device, the iPhone Duo. The company announced the product on Sept. 9, with preorders set to open on Oct. 16. U.S. pricing starts at $1,999, while in the UAE, the base price is AED 8,499. Sales will commence on Oct. 23 across over 70 countries and regions. This launch marks Apple’s first smartphone with a book-style design featuring separate outer and inner displays. The iPhone Duo is Apple’s first foldable iPhone and starts at $1,999 in the US. The iPhone Duo features a 5.4-inch outer screen for regular use when the device remains closed. When opened, it reveals a 7.6-inch Super Retina XDR display designed for larger applications and multitasking. Both screens support ProMotion and Always-On functions, with outdoor brightness capable of reaching 3,000 nits. Apple has crafted the case from Grade 5 titanium and constructed the hinge from over 100 components. Additionally, the phone carries an IP68 rating for water and dust resistance. The device’s software is central to its use of the extra display space. Apple developed iOS 27.1 to support both folded and unfolded modes. Split View enables users to position two apps side by side on the inner display. Users can also run two windows from the same app and save app combinations for later use. The larger screen allows for two Home
Travel
Commercial passenger aircraft taxi along airport runways during peak international travel hours. The seasonal results reflect increased passenger capacity and improved load factors on key long-haul routes linking North America, Europe, the Middle East, and the Asia-Pacific. International aviation channels report that early bookings for the upcoming holiday period remain high across both premium cabins and economy. Industry analysts note that the consistent passenger flow indicates a resilient structure within the international long-haul aviation sector. To meet anticipated winter passenger numbers, Emirates is accelerating its multi-billion-dollar fleet upgrade and product enhancement initiatives. The airline continues to incorporate newly retrofitted Airbus A380 and Boeing 777 aircraft into service, further expanding the availability of its popular Premium Economy cabin on additional long-haul routes. Emirates starts the winter season with strong booking demand as its fleet retrofit efforts boost premium seat options on major intercontinental routes. Fleet Modernization Program Focuses on Airbus A380 and Boeing 777 Cabin Upgrades Beyond cabin improvements, Emirates is increasing its flight frequencies and introducing new international destinations ahead of the winter timetable. The expansion in routes is complemented by growing interline and codeshare collaborations, enabling seamless connections across secondary and regional airports worldwide. Management emphasized that these strategic partnerships help capture feeder traffic from emerging regional markets. The airline’s operational capacity continues to bolster trade, tourism, and business travel centered at Dubai International Airport. Increased frequencies on high-demand routes are designed to accommodate the expected surge in passengers associated with major global conventions, trade fairs, and winter holiday travel across
Officials are now inspecting travel and immigration documents along routes that usually operate without routine internal border checks. This decision follows Italy’s earlier move to reintroduce checks on certain passengers arriving from Spain. Travelers from Italy face temporary passport checks at Spanish airports and seaports. On the first day of enforcement, the Spanish Interior Ministry reported that 199 passengers traveling on 12 flights from Italy were subjected to inspections. These controls took place at airports in Madrid, Barcelona, Seville, Bilbao, Alicante, and Valencia. The process involved verification of passports, nationality, and visa status where applicable. Despite these checks, flights and maritime services between Spain and Italy continue to operate normally while the measures are in place. Italy began its own temporary border controls on Aug. 1, in response to a significant influx of migrants into Ceuta from Morocco. The Italian authorities applied these checks to non-EU nationals arriving from Spain by air or sea, excluding Italian citizens, Spanish citizens, and other EU nationals from the restrictions. Italy informed European agencies that its controls would last until Sept. 1 under the current schedule. Ceuta arrivals predated border restrictions Approximately 72,000 migrants entered Ceuta during the large wave from Morocco that started in late July. Spanish Interior Minister Fernando Grande-Marlaska stated on Aug. 4 that about 70,000 individuals had since departed the territory. Ceuta, located on the North African coast, lies outside the Schengen Area. This surge in arrivals
Dubai-based airline flydubai announced a significant expansion of its European route network on Wednesday, boosting flight frequencies to major Italian destinations to cater to increasing international travel. Official statements issued by Emirates News Agency confirmed that flydubai is expanding operations in Italy with more flights to Milan-Bergamo and Naples, strengthening direct connections between the United Arab Emirates and Southern Europe. Starting July 31, 2026, the airline will operate double-daily flights between Dubai International Airport and Milan-Bergamo Airport. Additionally, service to Naples International Airport has been increased to a daily schedule, reinforcing flydubai’s presence in Italy’s key urban centers.
The new digital payment system is accessible to residents of the United Arab Emirates for both international and domestic flight bookings, with prices and settlements in Emirati Dirhams. Transactions are handled through Crypto.com’s checkout portal, giving travelers direct access to their digital wallets during the booking process. The rollout aligns with regional economic initiatives, notably supporting Dubai’s Cashless Strategy under the broader D33 Economic Agenda aiming for 90% of financial transactions to be digital by the end of 2026. Industry analysts note that integrating digital wallet payment options helps international airlines attract tech-savvy customers while reducing reliance on traditional card processing.