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Business
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
Economic growth across developing Asia and the Pacific is forecast to slow to 5.0% in 2026. The region expanded 5.5% in 2025, according to the Asian Development Bank’s latest outlook. The new 2026 estimate stands 0.1 percentage point above the
Remittances from Egyptians working abroad reached about $29.7 billion in the first seven months of 2026. The Central Bank of Egypt said inflows rose 28.1% from about $23.2 billion during January through July 2025. The figures cover money sent home
China kept its benchmark lending rates unchanged in September, maintaining the one-year loan prime rate at 3.0%. The over-five-year LPR remained at 3.5%, according to the official September 20 fixing. Many lenders use the longer-term rate as a reference for
Gold prices continued their downward trend across global commodity exchanges as investors digested the decision by the U.S. Federal Reserve to raise benchmark interest rates by a quarter of a percentage point. Spot bullion fell 1 percent during international trading
Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan met Indian Prime Minister Narendra Modi in New Delhi on September 12. The leaders discussed stronger bilateral relations between the United Arab Emirates and India. Their talks took
Gold prices held above $4,400 an ounce on Thursday after reversing an earlier decline in the previous session. Spot gold rose 0.3% to $4,414.28 an ounce by 0419 GMT. U.S. gold futures for December delivery slipped 0.1% to $4,457.20. The
German automaker Volkswagen AG agreed Monday to sell its Osnabrück manufacturing plant to Israeli private equity firm Aurelius Capital and the German state of Lower Saxony, setting up the site’s conversion into a dedicated defense manufacturing facility. Under the preliminary
The Panama Canal is considering another reduction in daily ship transits as drought pressure weighs on its water supply. Administrator Ilya Espino de Marotta said traffic could fall to about 29 vessels a day in February or March 2027. Any
Egypt’s net international reserves reached a record $57.2145 billion at the end of August 2026. The Central Bank of Egypt reported the provisional figure on September 7. Reserves had stood at $56.2939 billion at the end of July. The monthly
Health
Preliminary testing detected Legionella DNA in a cooling tower at Yankee Stadium as New York City investigates a Legionnaires’ disease cluster in the South Bronx. The city had confirmed 11 cases by Tuesday night, including one death. Three people remained
The Democratic Republic of the Congo reported 1,307 confirmed Ebola cases and 377 deaths late Monday, marking another rise in the outbreak in the country’s east. Authorities have recorded cases in Ituri, North Kivu and South Kivu provinces. The latest
Confirmed Ebola cases in the Democratic Republic of the Congo have risen to 896, including 232 deaths, according to the latest government situation data. The increase included 21 new confirmed cases and six new deaths in the 24 hours covered
Automotive
Apple is expanding its Apple Arcade subscription service with a slate of new titles and major updates launching throughout September. Headlining the lineup is NFL Retro Bowl ’26, which debuts exclusively on the platform on September 4. Developed by New Star
The 47th edition of the Moscow International Film Festival (MIFF) commenced on Thursday in the Russian capital, opening a week-long program that will spotlight 200 films representing 50 countries and regions. The festival, one of the oldest in the world, runs through
The investigation into Matthew Perry’s tragic overdose has resulted in charges against five individuals, including three medical professionals and one assistant, linked to the actor’s untimely death. The group of accused also encompasses Jasveen Sangha, known colloquially in the industry as the
In a striking display of box office dominance, Ranbir Kapoor’s latest film “Animal” is poised for an unprecedented opening. Directed by Sandeep Reddy Vanga, known for his intense storytelling, “Animal” has sparked a significant surge in advance bookings. This excitement not only
“The Equalizer 3” tops $100 million at the global box office in just its second weekend, boasting a formidable total of $107.6 million. This impressive figure includes $61.8 million from the US and a commendable $45.8 million internationally making the
Sports
Lionel Messi, Kylian Mbappé, Lamine Yamal and Erling Haaland are among the 30 nominees for the 2026 Ballon d’Or. Organizers announced the men’s shortlist on September 8 before the awards ceremony in London on October 26. Ousmane Dembélé, Rodri and
Lionel Messi has ended his international career with Argentina after 21 years at senior level. The 39-year-old leaves with national records for both appearances and goals. Messi played 207 matches for Argentina and scored 125 times. His international career included
International motorsport governance and European state leadership converged at the Hungaroring circuit as Federation Internationale de l’Automobile President Mohammed Ben Sulayem held high-level meetings with regional government figures during the Formula 1 Hungarian Grand Prix. Official reports published by Emirates
Spain reached the FIFA World Cup quarter-finals with a 1-0 win over Portugal on Monday, as Mikel Merino scored in the 91st minute at Dallas Stadium. The substitute took a pass from Ferran Torres and finished low past Diogo Costa.
Norway reached the FIFA World Cup quarterfinals for the first time after beating Brazil 2-1 in the Round of 16 on Sunday. Erling Haaland scored twice late at New York New Jersey Stadium. Brazil, the five-time champion, exited before the
Spain moved into the FIFA World Cup 2026 Round of 16 with a 3-0 win over Austria on Thursday at Los Angeles Stadium. Mikel Oyarzabal scored twice, and Pedro Porro added the other goal. The result ended Austria’s campaign in
Luxury
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
Rolex introduces the latest addition to its esteemed collection with the unveiling of the new Oyster Perpetual Rolex Deepsea model. Breaking tradition, this iteration marks the first-ever presentation of the divers’ watch in 18 ct yellow gold. Sporting a distinctive 60-minute
The Rolex Oyster Perpetual Day-Date, a beacon of horological prestige, marries the elegance of 18 ct gold or 950 platinum with groundbreaking innovation. Since its launch in 1956, it has stood out as the first wristwatch to display both the date and
The 53rd edition of the Watch & Jewellery Middle East Show, unveiled its treasures on January 31st in Sharjah. This prestigious event, a collaboration between Expo Centre Sharjah and the Sharjah Chamber of Commerce and Industry, has become a beacon for luxury connoisseurs worldwide,
Porsche, the renowned sports car manufacturer, has teamed up with Frauscher Shipyard to unveil the 850 Fantom Air, their inaugural electric sports boat. Powering this maritime marvel is the drive technology slated for Porsche’s upcoming all-electric Macan. International media and enthusiasts recently