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Strategy has said it could withstand a collapse in bitcoin’s price to $8,000 and still service its roughly $6 billion in net debt, outlining contingency plans that include converting portions of its borrowings into equity if market conditions deteriorate sharply. The Virginia-based software company, formerly known as MicroStrategy, has become one of the largest corporate holders of bitcoin under executive chairman Michael Saylor. Its balance sheet is […]

Concerns over inadequate privacy safeguards are holding back broader adoption of cryptocurrencies and blockchain technology, according to Binance founder Changpeng Zhao and several industry executives speaking at a major digital assets forum. Their remarks underline a growing consensus that transparency, long touted as blockchain’s defining strength, may also be constraining its appeal among retail users and large institutions. Zhao, widely known as CZ, told a panel at […]

Arabian Post Staff -Dubai Red Sea Museum will open a major exhibition titled Sunken Treasures: The Maritime Heritage of the Red Sea on February 25, running until May 29, 2026, placing centuries of seafaring history at the centre of Saudi Arabia’s expanding cultural agenda. Organised by the Museums Commission under the Ministry of Culture, the showcase is set to feature artefacts recovered from shipwrecks, navigational tools, archival […]

Fireworks will illuminate parts of Dubai each evening during Ramadan, with organisers confirming a month-long programme across Al Seef, Dubai Creek waterfront and Global Village from 19 February to 19 March. Displays are scheduled daily at 9:30pm along Al Seef and the Dubai Creek waterfront, offering residents and visitors a waterfront spectacle shortly after iftar. At Global Village, fireworks are planned every Friday and Saturday at about […]

Emirates has signed an interline agreement with China’s Loong Air, widening its access to 22 additional destinations across the mainland and strengthening its competitive position in one of the world’s most strategically important aviation markets. The arrangement, effective immediately, enables Emirates passengers to connect beyond its existing gateways in Hangzhou, Shenzhen and Hong Kong onto Loong Air-operated domestic services. The added cities span eastern, northeastern, southern, central […]

JSW MG Motor, the automotive joint venture backed by China’s SAIC Motor and the Mumbai-based JSW Group, has announced plans to invest up to $440 million to scale up manufacturing capacity in India and accelerate its product lineup towards hybrid and electric vehicles. The company aims to lift annual output to 300,000 units from about 120,000 at its Halol, Gujarat plant while rolling out three to four new […]

Arabian Post Staff -Dubai Supy, the Dubai-based provider of AI-driven inventory management, procurement and business intelligence software for multi-branch restaurant operators, has reported that its revenue more than tripled in 2025 as demand for data-powered back-of-house technology accelerates across the Middle East and beyond. The company, founded in 2021 and now operating in over 30 countries, described the performance as reflecting strong uptake of cloud-based restaurant systems […]

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Abu Dhabi-based International Holding Company has unveiled plans to establish Judan Financial Holding, an artificial intelligence-enabled global financial services platform expected to oversee more than AED 870 billion in assets under management, marking one of the most ambitious consolidation moves in the Gulf’s financial sector. The proposed entity will bring together financial services assets held by IHC, Alpha Dhabi, 2PointZero Group and Sirius International Holding, spanning banking, […]

Arabian Post Staff -Dubai   ADNOC Group’s six listed companies delivered their strongest full-year financial performance to date in 2025, reporting combined revenues of AED190.1 billion, EBITDA of AED61.3 billion and net profit of AED35.8 billion, underscoring the state-backed energy major’s expanding footprint across upstream, midstream and downstream operations. The results, released following the close of the financial year, reflect sustained output growth, disciplined capital allocation and […]

China has unveiled an artificial intelligence-powered vehicle inspection system capable of scanning more than 1,000 functions within three hours, a move officials say could reshape quality control standards across the automotive sector and accelerate the country’s push towards smart manufacturing. Developed as part of a broader national drive to integrate advanced computing into industrial processes, the system combines machine vision, real-time diagnostics and automated performance testing to […]

Arabian Post Staff -Dubai Saudi Arabia is accelerating a transformation of Mecca’s property market, opening parts of the holy city to foreign investment as lower oil prices strain state finances and flagship mega projects such as Neom undergo recalibration. Cranes line new promenades leading towards the Grand Mosque, where swathes of older neighbourhoods have been cleared to make way for high-rise hotels and mixed-use towers designed to […]

Arabian Post Staff -Dubai AD Ports Group has reported a sharp rise in revenue and profit for the year ended 31 December 2025, underlining the resilience of Abu Dhabi’s maritime and logistics sector amid shifting global trade patterns. Preliminary unaudited results released on Friday show revenue climbed 20 per cent year on year to AED20.8 billion, while net profit rose 17 per cent to AED2.1 billion. Earnings […]

Turkey has withdrawn from the 2026 Munich Security Conference, citing what it describes as the unacceptable elevation of a Syrian Kurdish commander it regards as a national security threat. Ankara’s decision follows the participation and high-level meetings of Mazloum Abdi, commander of the Syrian Democratic Forces, at the annual security gathering in Germany. Turkish officials objected to Abdi’s engagement with senior Western leaders, including French President Emmanuel […]

Nvidia’s chief executive officer, Jensen Huang, will not attend the India AI Impact Summit scheduled to begin in New Delhi on February 16, the company confirmed over the weekend, citing “unforeseen circumstances” that prevent his planned trip. Nvidia said it remains committed to participating in the five-day event and will instead dispatch a senior leadership delegation to represent its interests at the summit, which is positioned as a global forum on artificial intelligence, semiconductors and technology policy.

Huang’s absence removes one of the most high-profile speakers from a programme that is expected to bring together global leaders, technology executives and policymakers. Nvidia has been at the centre of international attention this year as its graphics processing units and specialised chips have powered significant advances in AI model training and deployment worldwide. Despite his cancellation, the company’s executive vice-president Jay Puri is set to lead Nvidia’s delegation in New Delhi.

The India AI Impact Summit has been framed by its organisers as a strategic platform for discussions on AI’s impact on economies, governance, and society. With over 20 heads of government and multiple chief executives from major technology firms slated to take part, the absence of Nvidia’s CEO is unlikely to derail the summit’s broader agenda but does shift attention to the array of other leaders expected on stage. Summit organisers have emphasised that the event will focus on actionable frameworks for AI governance and international cooperation rather than immediate regulatory commitments.

India’s push to host the summit reflects the growing emphasis placed on its AI ecosystem, both domestically and internationally. The event at Bharat Mandapam is intended to spotlight innovation, human capital and collaborative initiatives that leverage artificial intelligence for economic and social development. Heads of state from Europe, Asia and Africa, as well as senior executives from leading technology companies, are planning to contribute to sessions addressing ethical AI, inclusive growth, and public-private partnerships.

Nvidia’s statement confirmed that Huang will not be able to travel to India at this time, but stopped short of elaborating on the specific reasons for the change in plans. The company’s leadership team reiterated its support for the summit’s objectives and expressed confidence in the delegation’s ability to engage constructively with participants across sectors. Nvidia’s central role in the global AI supply chain — particularly through its GPUs, which underpin much of the world’s AI compute infrastructure — has made its presence significant at forums shaping the future of the industry.

For many tech observers, Huang’s decision underscores the intense demands on executives at the helm of firms that are pivotal to AI’s evolution. As Nvidia continues to navigate a landscape marked by rapid technological change, supply chain pressures and geopolitical scrutiny, its leadership choices are closely watched by investors, partners and policymakers alike. The company has maintained that its strategic focus on AI remains undiminished, even as senior personnel adjust their engagement in global events.

The summit is expected to feature a range of high-level engagements, including discussions on AI’s implications for labour markets, national competitiveness, and regulatory cooperation among nations. Organisers have highlighted sessions aimed at bridging gaps between emerging markets and established technology hubs, while also addressing concerns about safety, privacy and equitable access. Participants will include chief executives from major AI and cloud-computing firms, senior government officials from participating countries, and representatives of international organisations.

Despite the absence of Nvidia’s CEO, interest in the India AI Impact Summit remains strong among industry stakeholders. Discussions are slated to explore how public-sector frameworks can align with the dynamic pace of innovation in the private sector, with particular emphasis on fostering trust and transparency in AI systems. The summit’s agenda also places emphasis on skills development, research collaboration, and the role of AI in addressing societal challenges such as healthcare, climate and education.

Executives attending the summit will face intense scrutiny from delegates keen to understand how technology firms plan to balance commercial imperatives with ethical responsibilities. As governments around the world refine their approaches to AI governance, the outcomes of deliberations at gatherings such as the India AI Impact Summit could inform future policy frameworks and cross-border cooperation on technology standards and norms.

Arabian Post Staff -Dubai Cristiano Ronaldo returned to Al Nassr’s starting line-up on Saturday night and marked the occasion with the opening goal in a 2-0 victory over Al Fateh, reinforcing his influence on the Riyadh club’s title ambitions. Back in action after missing the previous fixture, the Portugal captain needed little time to reassert himself. Leading the line with customary authority, Ronaldo broke the deadlock in […]

Arabian Post Staff -Dubai Orient Insurance posted a net profit of AED 836 million for 2025, marking a 14.4 per cent rise from the previous year, as the Dubai-based insurer strengthened underwriting performance and investment income amid steady demand across the UAE and Gulf markets. The company, part of the Al-Futtaim Group, said its annual financial results reflected disciplined risk management, prudent reserving and a diversified portfolio […]

Arabian Post Staff -Dubai Saudi Arabia has stepped up efforts to localise vaccine and pharmaceutical manufacturing, with Industry and Mineral Resources Minister Bandar Alkhorayef holding high-level talks in Lyon aimed at accelerating biopharmaceutical production within the Kingdom. During meetings with Thomas Triomphe, Executive Vice President and Head of Vaccines at Sanofi, the minister explored pathways for industrial collaboration that would anchor advanced vaccine manufacturing in Saudi Arabia. […]

Solana’s blockchain has recorded a dramatic expansion in payment activity, with on-chain volumes rising 755 per cent year on year even as the token’s market price struggles to mirror that growth. Data compiled by blockchain analytics firms show total payments processed on the network exceeding $1.8 billion, while business-to-business transactions have climbed ninefold over a 16-month period to about $3.84 billion. The figures place Solana among the […]

XRP is back at the centre of market attention as Ripple’s chief executive takes on an advisory role in Washington, fuelling speculation that a clearer regulatory path for digital assets could reshape the token’s prospects even as exchange-traded products tracking it post their first net outflows in weeks. The digital token, closely associated with Ripple Labs, has seen volatile trading through February, hovering below its late-2024 highs […]

Elon Musk’s social network X is advancing plans to embed cryptocurrency and stock trading features directly into users’ timelines as part of a broader push to transform the platform into a financial ecosystem. Executives at the company have signalled that a limited external beta of its integrated financial services, known as X Money, is anticipated within weeks, marking a major milestone in Musk’s vision of merging social […]

Mexico’s Attorney General’s Office is examining whether a British Columbia-based mining company bears any responsibility in the abduction of 10 of its employees, following allegations that criminal groups targeted the workers in a region affected by organised crime. President Claudia Sheinbaum said on Friday that federal prosecutors are investigating the circumstances surrounding the kidnapping and assessing whether the company complied with security obligations and local regulations. The […]

OpenClaw, the open-source autonomous AI agent framework that has attracted both widespread interest and intense scrutiny, has rolled out version 2026.2.12, a major update that resolves over 40 security flaws and strengthens core components of the platform. The release aims to address an array of risks—from remote code execution exposures to prompt-injection weaknesses—that researchers and operators have flagged as critical for safe deployment of agentic AI systems. […]

OPEC+ is signalling a shift back to increasing oil output from April as producers prepare for stronger demand through the summer months, according to multiple officials and industry delegates ahead of a key March meeting. The coalition, led by core producers such as Saudi Arabia and the United Arab Emirates, paused monthly output rises for the first quarter amid concerns over supply gluts, but growing market confidence […]

Arabian Post Staff -Dubai DP World has announced a sweeping leadership change at the helm of its global logistics empire, elevating His Excellency Essa Kazim to chairman of the board and naming Yuvraj Narayan as group chief executive officer, following the resignation of long-time executive Sultan Ahmed bin Sulayem. The appointments signal a strategic reset for the Dubai-based operator amid heightened scrutiny over its governance and reputation […]

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