Business News from Wednesday, February 19th, 2025

Apple launched its latest low-cost model, dubbed the iPhone 16e, on Wednesday as it looks to grab a bigger share of the mid-range smartphone market and fend off competition from rivals such Samsung and China's Huawei.

DP World recorded its highest container and breakbulk cargo volumes at Jebel Ali Port since 2015, it was announced on Wednesday. 

A delegation from Brazil’s Ministry of Agriculture and Livestock (MAPA) is on a visit to the UAE to strengthen trade relations and showcase Brazil’s agribusiness potential.

China condemned tariffs launched or threatened by US President Donald Trump at a World Trade Organization meeting on Tuesday, saying such "tariff shocks" could upend the global trading system in a warning dismissed as hypocritical by Washington.