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    UAE GDP projected to rise 5 percent according to World Bank

    The international financial community maintains a highly positive outlook on the economic trajectory of the United Arab Emirates. Recent macroeconomic assessments published by the World Bank Group indicate that the sovereign state will experience robust expansion over the next two

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    Asia-Pacific growth outlook lifted to 5% for 2026

    Economic growth across developing Asia and the Pacific will moderate to 5.0% in 2026 from 5.5% in 2025. The Asian Development Bank raised its 2026 forecast by 0.1 percentage point from its July estimate. Growth should edge up to 5.1%

    News

    UAE joins Trump meeting on Middle East security in New York

    UAE Deputy Prime Minister and Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan joined a meeting called by U.S. President Donald Trump in New York on September 22. The session brought together leaders and senior officials from Arab and Islamic

    Business

    UAE GDP projected to rise 5 percent according to World Bank

    The international financial community maintains a highly positive outlook on the economic trajectory of the United Arab Emirates. Recent macroeconomic assessments published by the World Bank Group indicate that the sovereign state will experience robust expansion over the next two

    Technology

    Apple adds first foldable iPhone to lineup with iPhone Duo

    Apple introduced the iPhone Duo on Sept. 9, marking its first foldable iPhone. The device starts at $1,999 in the U.S. and opens to a 7.6-inch inner display. When closed, it uses a 5.4-inch outer screen for standard phone tasks.

    Travel

    Fleet expands as Emirates enters winter season with strong bookings

    Dubai-based flag carrier Emirates has entered the northern winter travel period with robust forward booking metrics across its international network, outpacing initial corporate projections. The performance follows a high-density summer operational cycle during which the airline transported more than 8.6

    Automotive

    Porsche to cut 5000 more jobs under restructuring plan

    German luxury sports car manufacturer Porsche announced an agreement with labor representatives on Monday to reduce its workforce by an additional 5,000 positions by 2035 as part of a restructuring program. The decision brings total planned job eliminations across the

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    Luxury

    Global luxury market contracts for first time since Great Recession

    MENA Newswire News Desk: The personal luxury goods market, long seen as resilient against economic uncertainty, is witnessing a significant contraction for the first time since the Great Recession. According to Bain & Company’s annual luxury report, global sales are projected to decline

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