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China's First Factory-Based Seawater Hydrogen Production Project Completed At Sinopec Qingdao RefineryMAPUTO, Mozambique. (AP) — At least 6,000 inmates escaped from a high-security prison in Mozambique’s capital on Christmas Day after a rebellion, the country's police chief said, as widespread post-election riots and violence are roiling the country. Police chief Bernardino Rafael said 33 prisoners died and 15 others were injured during a confrontation with the security forces. The prisoners fled during violent protests that have seen police cars, stations and infrastructure destroyed after the country’s Constitutional Council confirmed the ruling Frelimo party as the winner of the Oct. 9 elections. The escape from the Maputo Central Prison, located 14 kilometers (9 miles) southwest of the capital, started around midday on Wednesday after “agitation” by a “group of subversive protesters” nearby, Rafael said. Some of the prisoners at the facility snatched weapons from the guards and started freeing other detainees. “A curious fact is that in that prison we had 29 convicted terrorists, who they released. We are worried, as a country, as Mozambicans, as members of the defense and security forces,” said Rafael. “They (protesters) were making noise, demanding that they be able to remove the prisoners who are there serving their sentences”, said Rafael, adding that the protests led to the collapse of a wall, allowing the prisoners to flee. He called on the escaped prisoners to surrender to authorities and for the population to be informed about the fugitives. Videos circulating on social media show the moment inmates left the prison, while other recordings reveal captures made by military personnel and prison guards. Many prisoners tried to hide in homes, but some were unsuccessful and ended up being detained again. In one video, a prisoner still with handcuffs on his right wrist says he was held n the disciplinary section of the prison and was released by other inmates. Violence has engulfed Mozambique since the country’s highest court confirmed ruling Frelimo party presidential candidate Daniel Chapo as the winner of disputed Oct. 9 elections on Monday. Mozambique's Interior Minister Pascoal Ronda told a news conference in Maputo late Tuesday that the violence was led by mostly youthful supporters of losing candidate Venancio Mondlane, who received 24% of the vote, second to Chapo, who got 65%. U.N. Secretary-General Antonio Guterres is concerned at the violence and urges all political leaders and relevant parties “to defuse tensions including through meaningful dialogue (and) legal redress,” U.N. associate spokesperson Stephanie Tremblay said Thursday. The U.N. chief also calls for a halt to the violence and redoubled efforts “to seek a peaceful resolution to the ongoing crisis,” she said.Retail sales in Qatar projected to grow at an annualised rate of 2.2% up to 2028, according to researcher Alpen Capital. Main drivers are government’s ambitious strategy to make Qatar a tourist destination, growing population and rising income levels, Alpen Capital said in a recent report. The government's efforts are anchored around three pillars, which are business facilitation, family-oriented activities and enhancing cultural experiences, it said. The country is actively leveraging its modern infrastructure to enhance the MICE market while also establishing new leisure destinations and districts, launching luxury shopping centres and investing in its natural assets. Qatar is also likely to benefit from the long-list of global sporting events lined up to take place in the country during the forecasted period. Qatar’s retail industry is currently going through a period of rapid expansion with several regional and international brands expanding their presence across the country. This has led to increased footfall in markets such as Doha and the market is expected to witness significant traction as Qatar gears up to host numerous global sporting events. As part of Qatar National Vision 2030, the government is working to diversify the country's economy with the travel and retail sectors being recognised as two of the main drivers, Alpen Capital noted. The high level of wealth coupled with rising population (1.5% CAGR between 2018 and 2023), an expanding tourism sector (74.1% CAGR between 2020 and 2023), and continued investments towards infrastructure development has thus positioned the country as a promising retail market in the GCC. Consequently, the retail sector is undergoing transformation from traditional independent shops and souqs to modern shopping malls, supermarkets, and digital platforms that feature a wide range of domestic and international brands. “This transition not only offers a broader variety of products but also enhances shopping experiences, attracting a diverse consumer base,” the report said. Amid a rising demand for global brands, sales across e-commerce platforms in Qatar is estimated to have grown at a CAGR of 8.1% between 2018 and 2023 to reach $2.8bn in 2023. The sector’s contribution to GDP stood at 1.2% as of 2023, second highest in the region and above the GCC average of 1%, Alpen Capital said. This has been primarily driven by the government’s NDS-3 (2024-2030), a commitment to diversification and sustainability for future prosperity. In order to facilitate growth within the sector, the country has been leveraging customs programmes and trade agreements, investing in strong ICT infrastructure and advanced technologies, as well as using PPP models to bolster its logistics and industrial infrastructure. Although it accounted for just 13.2% of the total GCC e-commerce market as of 2023, the industry is witnessing an influx of platforms offering niche products and services. Post-pandemic, several retailers in Qatar have moved to a blended, omni-channel distribution strategy, which involves boosting and expanding their digital offerings while also maintaining a brick-and-mortar footprint. Qatar is also regarded as the world’s fastest-growing luxury market that encompasses a diverse range of goods, spanning from high-end fashion attire, accessories, timepieces, jewellery, cosmetics, fragrances, and high-end vehicles among others. Qatari luxury goods market is also in the midst of a digital transformation, as brands are adopting e-commerce platforms, utilising social media for marketing, and employing digital engagement tactics to connect with millennial and tech-savvy affluent consumers. As of 2023, Qatar’s supply of organised retail space exceeded 2.3mn sq m of gross leasable area (GLA). Supply in the organised retail real estate sector in the country has remained largely static in 2023, Alpen Capital said. Related Story Qatar's venture capital ecosystem outlook 'positive': Pulsar Qatar’s food consumption may grow to 2.5mn tonnes by 2027: Alpen Capital

Hope and fear as world powers absorb Assad's endAPPLE has halted work on a project to build an iPhone hardware subscription service, according to sources familiar with the matter, retreating from an attempt to change the way consumers buy its flagship device. The idea was to make owning an iPhone such as subscribing to an app – with consumers paying monthly fees and getting new phones each year – but Apple recently wound down the effort, according to sources familiar with the matter. The team was disbanded and reassigned to other projects, said the sources, who asked not to be identified because the work was confidential. The move is part of a broader shift in how Apple approaches payment services. The subscription effort was overseen by the company’s Apple Pay group, which also shuttered a “buy now, pay later” programme earlier this year. That service let shoppers pay off purchases over multiple instalments, but Apple is now steering consumers towards third-party programmes instead. Bloomberg News first reported on the iPhone subscription service in 2022, when the programme was due to launch by the end of that year. It was ultimately delayed until 2023 – and beyond – after suffering numerous setbacks, including software bugs and regulatory concerns. Top company executives had sent the work back to the drawing board before the project was finally scrapped. A representative for Cupertino, California-based Apple declined to comment. When Apple began work on the hardware subscription service a few years ago, it was aiming to sell more iPhones and generate a greater amount of recurring revenue. The device is Apple’s biggest moneymaker, accounting for just over half of annual sales. The company also wanted to further lock users in to the Apple product ecosystem. It would work like this: Instead of paying for an iPhone outright or signing up for an instalment plan, customers would have a monthly fee billed to the same Apple account they use for downloading apps and subscribing to services. They’d then be able to swap out their iPhone for a new model each year. Like the now-defunct Apple Pay Later programme, the hardware subscription would use an in-house financial infrastructure and be based on loans provided by the company itself. Early this year, Apple deployed the iPhone subscription service as a test for employees within its Pay group. Teams working on App Store billing and the online store were also involved. The service would have competed with – and likely upset – Apple’s wireless carrier partners, which increasingly rely on instalment programmes and promotions to sell iPhones and retain customers. It also may have replaced two programmes long offered by Apple itself. That includes the iPhone Upgrade Program, which splits up the cost of a phone over two years and is backed by loans provided by Citizens Bank. The other is Apple Card Monthly Installments, which is handled by Goldman Sachs and is only available in the US. The Apple Pay organisation is led by Jennifer Bailey, a top deputy to services chief Eddy Cue. The group has sought to expand the company’s services revenue in a complex and highly regulated financial industry – no easy task. A few years ago, it initiated “Project Breakout”, an effort to build internal tools and rely less upon partners from the financial industry. When the company cancelled Apple Pay Later, a major factor in the decision was stricter rules by the Consumer Financial Protection Bureau. The agency said this year that pay-later-style services would have to follow the same regulations as credit card companies. That’s a headache Apple did not want to deal with, especially since the size of the business is relatively small. Given that the iPhone subscription service would use a similar structure and technology as Apple Pay Later, the company became concerned that it too would face scrutiny. Apple teamed up with Affirm Holdings and Klarna Bank to continue to offer pay-later options within its Pay service without being regulated directly. Apple could conceivably pursue new partnerships to revive the iPhone subscription programme, but the company has no current plans to go it alone. BLOOMBERG

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