Business
– The UAE recorded $63.353 billion in outward foreign direct investment during 2025, according to UN Trade and Development. The country’s total outward FDI stock reached $402.729 billion at the end of the year. That figure stood at $55.560 billion
– Pakistan raised petrol prices again on October 6, extending an increase announced three days earlier. Petrol climbed by Rs0.88 to Rs393.64 per litre under the latest fuel revision. High-speed diesel fell by Rs1.88 to Rs397.76 per litre. The move
– India and Switzerland signed five cooperation agreements and arrangements after talks in New Delhi on October 5. Prime Minister Narendra Modi and Swiss President Guy Parmelin led the discussions during Parmelin’s three-day state visit. The package covers migration, young
– Oil prices traded near $102 a barrel on Monday after an early jump pushed Brent above $103. Brent crude futures stood at $102.30 a barrel at 0900 GMT, up 5 cents. U.S. West Texas Intermediate crude traded at $90.62,
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Apple has added a foldable model to the iPhone lineup with the debut of the iPhone Duo. The company introduced the device on Sept. 9, ahead of preorders opening Oct. 16. U.S. pricing begins at $1,999, while the starting price
Apple has introduced the iPhone Duo, its first foldable iPhone, with availability scheduled for October 23. The handset opens to a 7.6-inch inner display and uses a 5.4-inch outer screen when closed. Both displays share the same aspect ratio and
Apple has introduced the iPhone 18 Pro and iPhone 18 Pro Max with upgrades to cameras, battery life and processing power. Both models use the new A20 Pro chip and a redesigned vapor chamber for sustained performance. Apple also added
The United States is adding battery factories while trying to cut its dependence on China. Domestic cell production has grown, but major supply gaps remain further upstream. Chinese companies still lead global production of several materials needed for lithium-ion batteries.
Japan is expanding its response to investment fraud by using artificial intelligence to detect warning signs in consumer complaints. The Consumer Affairs Agency announced the initiative on September 1 as part of a wider anti-fraud package. The system will analyze
China’s digital industry posted 20.71 trillion yuan in revenue during the first half of 2026. Revenue rose 13.6% from the same period last year. Total profit climbed 19.3% to 1.79 trillion yuan. The Ministry of Industry and Information Technology reported
