– China, Türkiye and Ethiopia launched a joint initiative on Wednesday at the COP31 United Nations climate conference to improve international carbon credit trading. The plan aims to increase the supply of reliable credits and strengthen cooperation between participating countries.

    Business

    – Asian Terminals, Inc. (ATI), the Philippine port operator partnered with DP World, has secured a 25-year renewal of its concession to operate and develop Manila South Harbour. The renewed agreement with the Philippine Ports Authority (PPA) will run from

    – Abu Dhabi has broken into the world’s top 15 leading maritime cities for the first time, ranking 15th in the 2026 Leading Maritime Cities report. The biennial report is jointly published by DNV and Menon Economics. The emirate climbed

    – Southeast Asia needs $7.1 trillion in infrastructure investment through 2040 to support growth, strengthen energy security and build connected, resilient economies, the Asian Development Bank said. The estimate comes from a new report, The $7 Trillion Challenge: Building Tomorrow’s

    – Dubai Aerospace Enterprise (DAE) reported a 13.2% rise in total revenue to $1.45 billion for the first nine months of 2026. Revenue reached $1.4469 billion, up from $1.2777 billion in the same period of 2025. Pre-tax profit excluding exceptional

    – Ghana’s parliamentary Minority has challenged the government to show how it will raise the US$10 billion needed for its New Economy programme. The caucus wants a full financing plan published before the 2027 Budget is presented. Dr Mohammed Amin

    – Samsung Electronics is set to become the first South Korean company to hold more than 200 trillion won ($146.6 billion) in cash assets, lifted by an AI-driven chip supercycle. Its cash and short-term financial assets are estimated at 214.8

    Travel

    Technology

    The Apple iPhone Duo redefines the book-style foldable category by adopting a practical “passport” aspect ratio (5.4-inch outer display, 7.6-inch inner display), a crease-mitigating nano-texture matte finish, and a vapor-cooled 2nm A20 Pro chip. It foregoes Face ID in favor