分类: business

  • China’s power battery industry records nearly 50% jump in sales

    China’s power battery industry records nearly 50% jump in sales

    China’s power battery industry has maintained its global leadership for the eighth consecutive year, achieving a remarkable 48.9% year-on-year sales growth in the first three quarters of 2025. According to Wan Gang, president of the China Association for Science and Technology, the industry’s sales volume reached 786 gigawatt-hours (GWh) during this period. Speaking at the 2025 World Power Battery Conference in Yibin, Sichuan province, Wan also highlighted that power battery exports surged by 32.7% to 129 GWh. This robust growth has significantly bolstered China’s new energy vehicle (NEV) sector, which recorded sales of 6.937 million units in the first half of 2025, marking a 40.3% increase. Despite these achievements, Wan emphasized ongoing challenges, including the need to enhance battery performance for all-climate and full-scenario applications, improve upstream resource supply, and strengthen downstream recycling systems. He called for diversified technological innovation, intelligent management technologies, and the development of new application models to ensure sustainable growth. The conference also saw the signing of 180 green energy projects worth 86.13 billion yuan ($12.1 billion), expected to generate 90 billion yuan in output and create 30,000 jobs.

  • ABG launches Marketer of the Future Middle East: Region’s defining event for the future of marketing

    ABG launches Marketer of the Future Middle East: Region’s defining event for the future of marketing

    The Advertising Business Group (ABG) has unveiled its flagship event, *Marketer of the Future Middle East (MOTF)*, set to take place on November 2025 at the TODA Theatre in Souk Madinat Jumeirah, Dubai. This groundbreaking event aims to bring together global and regional leaders from marketing, media, technology, academia, and government to shape the future of the industry. Designed as the region’s most forward-thinking marketing gathering, MOTF will explore the trends, technologies, and transformations that will define the next decade of marketing. The event will feature a diverse lineup of thought leaders, including Trevor McFarlane, Founder & CEO of EMIR Intelligence, Stephan Loerke, CEO of the World Federation of Advertisers (WFA), and Daniel Floyed, Chief Growth Officer of The Brandtech Group, among others. Key discussions will focus on topics such as AI-driven marketing, sustainability, and the evolving role of Chief Marketing Officers (CMOs). Exclusive roundtables, such as *The Performance Imperative* and *Responsible Advertising in the Gulf*, will offer attendees unique insights into marketing effectiveness and ethical communication. Eleni Kitra, Executive Director of ABG, emphasized that MOTF is not just a conference but a catalyst for progress, empowering the industry to evolve with purpose. The event is supported by leading sponsors, including Digital Media Services (DMS), TikTok, Snapchat, and Publicis Groupe Middle East.

  • China’s courier sector posts record-breaking growth during ‘Double 11’ shopping festival

    China’s courier sector posts record-breaking growth during ‘Double 11’ shopping festival

    China’s courier industry has set new benchmarks during the annual ‘Double 11’ shopping festival, with daily parcel handling reaching an unprecedented 777 million, as reported by the State Post Bureau of China. From October 21 to November 11, postal and courier companies across the nation managed an astonishing 13.94 billion parcels, averaging 634 million per day—a 117.8 percent increase over the usual daily volume. This remarkable achievement highlights the sector’s enhanced capability to handle the massive surge in demand during major shopping events. The bureau credited this growth to vigorous online consumption, fueled by extensive promotional efforts from e-commerce platforms. The sustained expansion of the express delivery market underscores its crucial role in supporting consumption upgrades and bolstering the real economy. These record figures not only reflect the resilience of China’s consumer market but also the efficiency of its logistics network, which continues to ensure the smooth circulation of goods and drive economic growth.

  • OMODA&JAECOO marks 2,000 car sales milestone in UAE with exclusive one-day offer

    OMODA&JAECOO marks 2,000 car sales milestone in UAE with exclusive one-day offer

    OMODA&JAECOO, the globally recognized automotive brand, has reached a significant milestone by selling 2,000 vehicles in the UAE within less than a year of its official launch in February 2025. To commemorate this achievement, the brand has announced an exclusive one-day offer, dubbed the ‘Best Offer of the Year,’ available at all six of its UAE showrooms on November 16, 2025. The details of this attractive deal will only be revealed to customers who visit the showrooms on the day. This initiative aims to reward loyal customers and further strengthen the brand’s market presence in the region. The parent company of OMODA&JAECOO has also been recognized for its global success, securing the 233rd position on the 2025 Fortune Global 500 list and surpassing 5 million vehicle exports worldwide. This ‘Dual 500’ achievement highlights the company’s rapid international growth and commitment to innovation in the automotive industry. Additionally, OMODA&JAECOO has enhanced its regional visibility through a high-profile advertising campaign at Dubai International Airport, showcasing its upcoming models, the JAECOO J8 SHS and OMODA C7. This campaign has captured the attention of millions of travelers, further solidifying the brand’s reputation for bold design and advanced hybrid technology. Since its debut, OMODA&JAECOO has gained a strong foothold in the UAE market, appealing to drivers who value sophistication, innovation, and driving excitement. Shawn Xu, CEO of OMODA & JAECOO Automobile International, expressed pride in the brand’s accomplishments and gratitude for the support of UAE customers. The exclusive one-day offer is a gesture of appreciation to the brand’s growing customer base, inviting them to experience its award-winning vehicle lineup at showrooms in Dubai, Abu Dhabi, Sharjah, Fujairah, and Ras Al Khaimah.

  • UAE: Why mixed-use communities are more profitable than standalone buildings

    UAE: Why mixed-use communities are more profitable than standalone buildings

    The UAE real estate market is witnessing a significant shift as mixed-use communities emerge as the most profitable investment option, outperforming traditional standalone residential buildings. According to recent data, mixed-use developments have achieved the highest rental yields year-to-date at approximately 8%, compared to 7% for master-planned communities and 5% for standalone residential projects. This trend underscores the growing preference for integrated living spaces that combine residential, retail, and lifestyle amenities. Cherif Sleiman, Chief Revenue Officer at Property Finder, highlighted that such developments attract tenants seeking convenience, community facilities, and proximity to workplaces. The demand for smaller, affordable units like one-bedroom apartments and studios has surged, with apartments constituting 57% of buyer demand and 78% of rental searches. Mixed-use communities also command rental premiums averaging 20–25%, with steady demand throughout 2025. While standalone buildings have seen a 16% price appreciation, slightly higher than mixed-use developments at 15%, the latter offers a balanced combination of rental returns and capital growth. Experts like Ben Crompton of Crompton Partners Estate Agents emphasize that mixed-use projects provide long-term stability, higher ROI, and resilience against market downturns due to their diversified tenant mix. Jamal Lootah, President of MEFMA, noted that integrated communities benefit from shared infrastructure, reducing operational costs and ensuring stable occupancy. This shift aligns with urban strategies like Dubai’s 2040 Urban Master Plan, which promotes walkable, mixed-use neighborhoods. While standalone developments will persist, the future of UAE real estate is increasingly defined by self-sustained, amenity-rich communities.

  • Dubai welcomes Adhara Star: Acube’s first project officially handed over

    Dubai welcomes Adhara Star: Acube’s first project officially handed over

    Acube Developments has reached a significant milestone with the official handover of Adhara Star, its inaugural project in Arjan, Dubai. This achievement underscores the company’s rapid ascent in Dubai’s competitive real estate market, showcasing its ability to deliver high-quality, innovative, and lifestyle-focused developments. Completed in under two years since the company’s inception, Adhara Star has already sold out within three months of its launch, reflecting strong investor confidence and setting the stage for Acube’s ambitious future projects. The freehold mixed-use development features 113 residential units spread across 13 floors, complemented by ground-level retail spaces and podium parking. Designed for modern urban living, the project offers a range of apartment configurations, including one, 1.5, 2.5, and 3.5-bedroom units, all equipped with premium European appliances and luxury finishes. Adhara Star combines affordable luxury with a community-centric lifestyle, catering to Dubai’s growing population of families and young professionals. Residents will enjoy access to a variety of premium amenities, including a rooftop pool, Japanese Zen Garden, health clubs, an indoor gym, sports courts, and an open-air fitness zone. Notably, the development is certified as a Green Building, highlighting Acube’s commitment to sustainable construction and resource-efficient design. Ramjee Iyer, Chairman and CEO of Acube Group, emphasized the significance of this achievement, stating that Adhara Star reflects Dubai’s dynamic property market and the company’s ability to maintain world-class standards. With its brand promise, ‘Live on a Star,’ Acube aims to continue delivering projects that blend aspirational living with lasting value, shaping communities and setting new benchmarks in the real estate sector.

  • Italy secures third place among the UAE’s top jewellery exporters

    Italy secures third place among the UAE’s top jewellery exporters

    Italy has reaffirmed its status as a global leader in the jewellery and gemstone industry, securing its position as the third-largest exporter to the United Arab Emirates (UAE). In the first seven months of 2025, Italian jewellery exports to the UAE surged to €836.9 million, marking a 13.72% year-on-year increase and capturing a 7.9% market share. This growth underscores the sustained demand for Italian craftsmanship and the robust trade relationship between the two nations.

  • US ends penny-making run after more than 230 years

    US ends penny-making run after more than 230 years

    The United States is bidding farewell to the penny, a one-cent coin that has been in circulation for over 230 years. The Philadelphia Mint will produce its final batch of pennies on Thursday, marking the end of an era. While the coins will remain in circulation, businesses are already adjusting prices as pennies become increasingly scarce. The decision to halt production is driven by economic considerations, with the government estimating annual savings of $56 million. President Donald Trump, who first announced the plans in February, framed the move as a step toward eliminating waste in the national budget. Pennies, which honor Civil War president Abraham Lincoln and are made of copper-plated zinc, now cost nearly four cents each to produce—more than twice the cost a decade ago. The rise of electronic transactions has further diminished the penny’s relevance, with the Treasury Department noting that approximately 300 billion pennies remain in circulation, far exceeding commercial needs. A 2022 government analysis revealed that about 60% of all coins in circulation, equivalent to $60-$90 per household, are stashed away at home, deemed not worth trading in. However, the phase-out may have unintended consequences for consumers. A study by the Richmond Federal Reserve estimates that businesses rounding up prices could cost shoppers $6 million annually. The US is not alone in this trend; countries like Canada, Australia, and New Zealand have also phased out their lowest-value coins. Attention in the US has now shifted to the nickel, which costs nearly 14 cents to produce despite its five-cent face value. Retiring the nickel could have a more significant financial impact, potentially costing consumers $55 million annually.

  • Talent plan launched in Shanghai to boost global green transition

    Talent plan launched in Shanghai to boost global green transition

    Shanghai has taken a significant step toward fostering global green transition with the launch of the ‘Industrial Green-Collar Talents Initiative.’ This groundbreaking program, unveiled during the G20 Entrepreneurship Roundtable 2025 held from November 4 to 5, aims to cultivate talent and promote synergistic development in the green supply chain industry. The initiative is a collaborative effort between Tsinghua University’s Entrepreneurship Research Center on G20 Economies and Horen Group, a leading smart logistics packaging solutions provider based in Shanghai.

  • UAE-UK flights: Advisory issued for Emirates, Etihad passengers flying to Manchester

    UAE-UK flights: Advisory issued for Emirates, Etihad passengers flying to Manchester

    In a significant operational update, UAE-based carriers Emirates and Etihad Airways are set to transition their services to Terminal 2 at Manchester Airport. This move, announced by the UK airport, will see Etihad Airways relocating from November 12, followed by Emirates on November 18, 2025. Both airlines operate direct flights between their respective hubs in Abu Dhabi and Dubai to Manchester, a city renowned for its industrial heritage and vibrant cultural scene.

    The shift is part of Manchester Airport’s broader £1.3 billion Transformation Programme, initiated in 2015, aimed at enhancing passenger experience. Terminal 2, which already hosts several international carriers including Gulf Air, British Airways, and Turkish Airlines, will now accommodate these two prominent UAE airlines. Check-in facilities for Terminal 2 are located on the upper level of the terminal.

    Manchester Airport has assured passengers that all airlines will directly communicate the details of the transition, with airport staff available to assist during the move. This change underscores the airport’s commitment to improving service quality and operational efficiency.

    Emirates has further bolstered its presence in Manchester by deploying its newly retrofitted Airbus A380 aircraft, featuring Premium Economy cabins. Since June 6, the airline has expanded its Premium Economy offering to nearly 5,000 weekly seats on flights to and from the UK. This upgrade aligns with Emirates’ strategy to enhance passenger comfort and cater to the growing demand for premium travel options.

    Manchester, known for its iconic football teams and legendary music scene, continues to attract international travelers, making it a key destination for UAE carriers. The relocation of Emirates and Etihad to Terminal 2 is expected to streamline operations and provide passengers with a more seamless travel experience.