Government price cuts are failing to reach many shoppers in Lahore, where retailers continue charging well above official rates. The gap covers chicken, vegetables, and fruit across several markets. Consumers are facing the increases as Pakistan deals with renewed inflation and higher fuel costs. Official data show that household expenses are rising across several categories, adding pressure to families already paying more for basic food and transport.
Air Arabia boosts its Sharjah-Bangkok routes to 28 weekly flights, introducing a fourth daily non-stop service starting October 25, 2026. The increased frequency aims to meet growing regional travel demand and enhance schedule flexibility for leisure and business travelers. The airline’s expanded operations in Thailand include 49 weekly non-stop flights between Sharjah and Thai destinations, strengthening air connectivity between the Arabian Gulf and major Southeast Asian centers. Airbus A320 and A321 aircraft will service the route, equipped with amenities such as the SkyTime in-flight entertainment system and SkyCafe catering service.
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Etihad Airways will launch year-round flights from Abu Dhabi to Saudi Arabia’s Red Sea coast on Oct. 4, 2026. The service will connect Zayed International Airport with Red Sea International Airport in Tabuk Province. Etihad will start with one weekly flight, then increase the route to two flights a week from Oct. 25. The journey will take just over three hours, adding a sixth Saudi destination to Etihad’s network.
German automotive manufacturer Volkswagen AG agreed on Monday to sell its Osnabrück assembly plant to Israeli private equity firm Aurelius Capital and the German state of Lower Saxony. Under the preliminary agreement, the new owners will convert the vehicle manufacturing site into a dedicated security and defense production facility. The strategic transaction marks the first major industrial conversion of a German car factory to supply military hardware amid ongoing structural reorganization across Europe’s automotive sector. Israel Aurelius German state to take over VWs Osnabrueck plant defense projects to supply air defense equipment for European security markets.
Indonesia reopened Jakarta’s main airport and several regional airports Tuesday after volcanic ash from Anak Krakatau disrupted air travel. Nearly 3,000 flights across Indonesia felt the impact. Anak Krakatau remained active Tuesday, with monitors recording three smaller eruptions during the morning.
Business
The U.S. dollar remained subdued during early trading, supporting dollar-priced precious metals. A weaker dollar reduces the cost of gold for buyers using other currencies. Meanwhile, the benchmark U.S. 10-year Treasury yield remained elevated near 4.84%. Gold does not pay interest, making changes in bond yields important for precious metals markets. Brent crude also held above $100 a barrel after crossing that level during the previous session.
Egypt’s net international reserves rose to a record $57.2145 billion at the end of August 2026. The Central Bank of Egypt released the provisional figure on September 7. Reserves stood at $56.2939 billion at the end of July. That means the total increased by about $920.6 million during August, or roughly 1.6%. The latest reading extends a series of monthly gains in 2026 and takes Egypt’s official foreign reserves above $57 billion for the first time.
The reductions follow weaker rainfall during Panama’s wet season and lower inflows into the canal watershed. Officials are using water-saving measures and tighter booking controls while monitoring Gatun Lake and other water sources.
Travel
Etihad Airways will launch year-round flights from Abu Dhabi to Saudi Arabia’s Red Sea coast on Oct. 4, 2026. The service will connect Zayed International Airport with Red Sea International Airport in Tabuk Province. Etihad will start with one weekly flight, then increase the route to two flights a week from Oct. 25. The journey will take just over three hours, adding a sixth Saudi destination to Etihad’s network.
Indonesia reopened Jakarta’s main airport and several regional airports Tuesday after volcanic ash from Anak Krakatau disrupted air travel. Nearly 3,000 flights across Indonesia felt the impact. Anak Krakatau remained active Tuesday, with monitors recording three smaller eruptions during the morning.
Air Arabia boosts its Sharjah-Bangkok routes to 28 weekly flights, introducing a fourth daily non-stop service starting October 25, 2026. The increased frequency aims to meet growing regional travel demand and enhance schedule flexibility for leisure and business travelers. The airline’s expanded operations in Thailand include 49 weekly non-stop flights between Sharjah and Thai destinations, strengthening air connectivity between the Arabian Gulf and major Southeast Asian centers. Airbus A320 and A321 aircraft will service the route, equipped with amenities such as the SkyTime in-flight entertainment system and SkyCafe catering service.
The carrier’s seasonal performance highlights expanding passenger capacity and higher load factors across primary long-haul routes connecting North America, Europe, the Middle East, and the Asia-Pacific region. Operational updates released through international aviation channels indicate that forward bookings for the upcoming holiday travel window remain elevated across both premium cabins and economy class. Industry observers note that the sustained passenger volume underscores structural resilience across international long-haul aviation markets.
Technology
Apple has unveiled the iPhone Duo, its first foldable iPhone, with sales set to begin October 23. The new model opens to a 7.6-inch inner screen and carries a 5.4-inch outer display. Apple says the larger panel offers the biggest screen yet on an iPhone. U.S. prices start at $1,999 for 256GB of storage. Preorders begin October 16 across more than 70 countries and regions.
The iPhone 18 Pro camera system adds four selectable aperture settings to control lighting and depth of field. Its main camera supports apertures of f/1.48, f/1.8, f/2.8 and f/4.0. The system also includes 48-megapixel Ultra Wide and Telephoto cameras. New Pro controls allow adjustments to aperture, shutter speed and white balance inside the Camera app. Users can also view a histogram while composing photos or videos.
The United States is expanding domestic battery production as it works to reduce dependence on China. The larger challenge sits deeper in the supply chain. China still dominates battery materials, processing and key manufacturing technologies used worldwide. U.S. factories have added capacity, but many depend on imported components and refined minerals. That gap has placed graphite, cathodes, anodes and lithium iron phosphate materials at the center of Washington’s battery push.
Japan is expanding its fight against investment fraud with a new system that uses artificial intelligence to spot warning signs earlier. The Consumer Affairs Agency announced the package on September 1. It will analyze consumer complaints for language and patterns linked to fraudulent schemes and failing businesses. The package says AI will supplement existing keyword searches and support earlier alerts, investigations and enforcement when complaint data indicate serious risks.
China’s digital industry generated 20.71 trillion yuan in revenue during the first half of 2026, up 13.6% from a year earlier. Total profit reached 1.79 trillion yuan, an increase of 19.3%. China’s Ministry of Industry and Information Technology said the sector’s revenue growth accelerated by 4.1 percentage points from the same period last year. The industry’s profit margin reached 8.6%, up 0.7 percentage point. China’s largest digital industry centers accounted for most of the national total. The 10 leading provincial-level markets generated 17.21 trillion yuan in combined revenue, up 13.2%. They represented 83.1% of national digital industry revenue and contributed 87% of overall revenue growth. Central China recorded 2.86 trillion yuan in digital industry revenue, an increase of 28.3% from a year earlier.
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 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…
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…