UAE Non-Oil Business Activity Surges to Nine-Month High in December

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 The United Arab Emirates' non-oil private sector recorded its fastest expansion in nine months in December 2024, buoyed by strong domestic demand and increased business activity, according to the latest S&P Global Purchasing Managers’ Index (PMI) report. PMI Highlights Robust Growth The seasonally adjusted UAE PMI climbed to 55.4 in December from 54.2 in November, signaling robust growth well above the 50.0 threshold that separates expansion from contraction. This marked the third consecutive monthly increase, underscoring sustained recovery in the non-oil sector. Key drivers of growth included a notable rise in new business activity. The new orders subindex rose sharply to 59.3 in December from 58.0 in the previous month, reflecting strong domestic demand. Challenges Amid the Growth While domestic demand flourished, export growth slowed, with the export orders subindex dropping to a seven-month low. Additionally, businesses faced mounting backlogs due to capacity constraints,...
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iPhone 14 goes on sale in India

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India

The official launch of the eagerly anticipated iPhone 14, which Apple unveiled on September 7 at the 'Far Out' innovation event took place yesterday.

 The smartphone will be sold on online shopping sites, Apple's official website, and in tech stores all around the nation. Starting at Rs 79,900 including taxes, the iPhone 14 is offered in five vibrant colours: Red (Product), Midnight, Blue, Purple, and Starlight.

 Apple is offering a flat 5% discount of up to Rs 16,000 on its main website to customers who buy the iPhone 14 using credit cards from HDFC Bank. Apple is also providing a trade-in option, where you can exchange an old, functional smartphone for a discount of Rs 34,000 on the new iPhone 14.

 The iPhone Plus will be sold starting on October 7 while the iPhone 14 started selling on September 16.

 Let's now look at the characteristics that make the iPhone 14 so unique. The smartphone has a stunning body made of aerospace-grade aluminium. The smartphone's Ceramic Shield, according to Apple, is more durable than any smartphone glass.

 The new iOS 16 that comes preinstalled on the iPhone 16 allows you to personalise your Lock Screen, keep tabs on your Activity rings, view real-time updates from your favourite apps, and more. The Apple smartphone of 2023 also has a crash detection technology that instantly recognises a serious motor accident and notifies your emergency contacts and emergency services that you need assistance.

 There are three storage capacities available for the new Apple smartphone: 128GB, 256GB, and 512GB. Emergency SOS via satellite, Action Mode, a new front camera with autofocus, a stronger true tone flash, an ultrawide camera, and other new functions are just a few of the new additions.

 The iPhone 14 has a dual-camera setup with a 12MP main camera and a 12MP ultra wide sensor for the camera department. The iPhone 14 has a 12MP TruDepth camera on the front.

 

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