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– The UAE recorded $63.353 billion in outward foreign direct investment in 2025, according to UN Trade and Development. The country’s total outward FDI stock reached $402.729 billion by year-end. That compares with $55.560 billion in 2010, showing a sharp
– Oil prices steadied near $102 a barrel on Monday after Brent briefly climbed above $103 in early trading. At 0900 GMT, Brent crude futures were up 5 cents at $102.30 a barrel. U.S. West Texas Intermediate crude was down
– Renault Group will invest more than €10 billion in France over the next five years, Chief Executive François Provost said on October 3. The spending will focus on electric vehicles and more affordable cars. Renault produced about 500,000 vehicles
South Korea consumer price index September inflation rate recorded an annual growth of 2.9 percent, driven primarily by persistent surges in fresh agricultural products and energy commodities. Data released by Statistics Korea indicates that consumer prices maintained an upward trajectory,
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– The European Commission has proposed a new EU Critical Communication System to connect first responders across European borders. The plan would link national networks used by police, firefighters, emergency medical services and civil protection teams. It covers all EU
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Luxury
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
The Rolex GMT-Master II is making waves with its two latest versions – one in yellow Rolesor, a blend of Oystersteel and yellow gold, and another in 18 ct yellow gold. These timepieces debut a groundbreaking grey-black Cerachrom bezel insert, redefining the