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A wave of ransomware incidents has incapacitated over 300 co-operative banks across India, exposing deep vulnerabilities tied to outdated VPN-based security. These attacks underline the urgent need for a shift towards modern access frameworks such as Zero Trust Network Access. Operational disruptions began when C-Edge Technologies—a key IT provider to numerous co-operative banks—was targeted by ransomware on 31 July 2024. NPCI responded swiftly by isolating C-Edge from […]

The Environment Agency – Abu Dhabi unveiled the EAD Avatar at the Abu Dhabi International Hunting and Equestrian Exhibition 2025, held at the Abu Dhabi National Exhibition Centre from 30 August to 7 September. This AI-powered initiative aims to revolutionise public interaction with environmental information, offering a lifelike digital interface that bridges cultural authenticity with technological innovation.

Developed in collaboration with Accord Business Group, the EAD Avatar introduces two digital personas, Souheil and Dana, designed to reflect Emirati heritage. Fluent in both Arabic and English, these avatars provide real-time, interactive communication, delivering accurate, AI-generated responses drawn from verified data sources. This approach ensures that users receive reliable information on environmental topics, enhancing public understanding and engagement.

Ahmed Baharoon, Executive Director of Environment Information, Science and Outreach Management at EAD, highlighted the significance of the launch, stating, “By merging cultural authenticity with cutting-edge AI, we are enhancing how the community interacts with EAD and transforming how they understand and connect with the environment.” The avatars’ natural voice modulation, facial expressions, and body language contribute to a more human-like interaction, fostering trust and encouraging deeper engagement.

Undersea cables in the Red Sea were severed on September 6, 2025, causing significant internet disruptions across parts of Asia and the Middle East. The affected cables include the South East Asia–Middle East–Western Europe 4 and the India–Middle East–Western Europe, both vital for regional connectivity.

Microsoft reported increased latency for users in the Middle East, while NetBlocks, a digital rights group, confirmed that the outages impacted countries such as India and Pakistan. The disruptions have also affected cloud services, with Microsoft Azure experiencing service degradation due to rerouted traffic.

The cause of the cable cuts remains unclear. While there is concern that the Houthi rebels in Yemen may have targeted the cables as part of their campaign related to the Israel-Hamas conflict, the group has denied responsibility for such attacks. In early 2024, the Houthis had threatened to target undersea cables, but no direct evidence has been presented linking them to the current incident.

Medium’s decision to address AI-generated content on its platform has stirred a lively discussion among users and industry stakeholders alike. As artificial intelligence continues to gain ground in content creation, the platform is outlining its approach to ensure transparency while preserving its core commitment to human storytelling. Earlier this year, Medium reached out to its community for feedback regarding the rise of AI-generated writing. In response, users […]

Lagos State’s commercial capital has opened its doors to West Africa’s premier tech, AI and startup gathering—GITEX NIGERIA—positioning the city as Africa’s launchpad for tomorrow. At the event’s Lagos leg, Governor Babajide Sanwo-Olu underscored the city’s ambition to spearhead a future shaped by data-driven governance and inclusive digital access, while Nigeria’s Minister of Communications, Innovation and Digital Economy, Hon. Dr Bosun Tijani, issued a call for continental […]

China’s AI sector is accelerating beyond reliance on imported semiconductors, leaning into algorithmic ingenuity and open-source collaboration to offset hardware constraints and project growing soft power abroad. Chinese firms face significant barriers in securing the most advanced GPUs, due to U. S. export restrictions. Rather than compete on sheer processing capacity, companies such as DeepSeek have turned to architectural innovation. Its R1 large language model, released under […]

Egypt and Sudan insist that discussions surrounding the Grand Ethiopian Renaissance Dam must remain confined to the three riparian countries—rejecting calls to broaden the talks to include other Nile Basin nations. The two have signalled mounting concern over Ethiopia’s unilateral conduct, describing the situation as a “continuous threat to stability in the Eastern Nile Basin.” They warned that Ethiopia’s steps to fill and operate the dam could […]

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European regulators have slapped Google with a €2.95 billion fine for leveraging its dominance in ad-tech to favour its own services, while President Trump has launched warnings of retaliatory trade measures—even as the €2.95 billion ad-tech sanction on Google marks the latest escalation in transatlantic friction. The European Commission’s investigation, which began in mid-2021, concluded that Google distorted competition across the 27-member bloc by prioritising its AdX […]

European leaders face mounting urgency to address critical deficiencies in their defence structures as uncertainty surrounds the reliability of U. S. backing. Many capitals hold onto hope that Donald Trump will honour his pledged security guarantees for Ukraine, even though concrete commitments remain vague. Europe’s Defence Gaps Expose Growing Reliance on U. S. Support captures the mounting tension between Europe’s persistent reliance and its growing intent to […]

Thailand’s incoming prime minister, Anutin Charnvirakul, will nominate veteran economic official Ekniti Nitithanprapas to lead the finance ministry, aiming to stabilise an economy weighed down by US tariffs and mounting household debt.

Anutin, fresh from his parliamentary victory and poised to assume the premiership, unveiled his cabinet selections on Saturday, naming experienced hands to key posts: Ekniti for finance, diplomat Sihasak Phuangketkeow for foreign affairs, and energy executive Auttapol Rerkpiboon to helm the energy ministry. Seasoned Bureaucrat Bound for Finance Ministry signals a clear intention to anchor the economic team with trusted professionals.

Anutin said he chose Ekniti due to his broad leadership across the finance ministry’s departments and his readiness to meet the challenges of the role swiftly. He underscored the appointee’s capacity to help guide Thailand through the turbulence created by US-imposed tariffs and persistent high levels of household debt.

Ekniti, 54, brings an extensive résumé. He has served as director-general across revenue, excise, and treasury departments, and held roles at the Fiscal Policy Office and State Enterprise Policy Office. His résumé also includes positions as financial attaché in London, adviser at the World Bank, and board chairmanships across major financial institutions and state enterprises—including Siam Commercial Bank, EXIM Bank, and Thai Airways.

Anutin’s selections come at a critical juncture. Thailand’s economy has been under strain from weaker growth compared to regional peers, ongoing political unrest, border tensions with Cambodia, declining tourism, and disruptions linked to global trade pressures—particularly from US tariffs. These factors have combined to sap investor confidence.

The finance nomination must receive royal assent before becoming official. Assuming approval, Ekniti will carry the mandate to reassure markets and manage policy responses that address fiscal and external vulnerabilities. His depth of institutional experience positions him as a credible figure to help guide economic policy swiftly during the transition.

Thunes has integrated Ripple’s infrastructure into its payments network, allowing Ripple–Thunes integration accelerates global payments with enhanced speed, transparency and cost-efficiency. Drawing on their existing 2020 alliance, the Singapore-based fintech firm and Ripple announced the deeper collaboration on 2 September 2025, aiming to transform cross-border transfers for businesses and financial institutions worldwide.

The integration embeds Ripple Payments into Thunes’s Direct Global Network, spanning 130 + countries and over 80 currencies. This union leverages Ripple’s global payout infrastructure—serving 90 + markets and covering more than 90 % of daily FX flows, with over US $70 billion processed—bringing real-time, cost-efficient, and transparent transactions to Thunes’s vast network.

Chloe Mayenobe, President and COO of Thunes, emphasised that the partnership bridges traditional finance and digital assets, enabling seamless, compliant cross-border payments at scale. She stressed the importance of real-time settlement and robust local integrations in scaling financial access globally. Fiona Murray, Managing Director for Asia-Pacific at Ripple, underscored how combining Thunes’s payment reach with Ripple’s digital asset infrastructure enhances speed, accessibility, and compliance.

This move extends Thunes’s capability to deliver payouts in local currencies in regions with limited banking access, particularly through its SmartX Treasury System. Ripple Payments is now integrated into SmartX, bolstering liquidity management and last-mile delivery in underbanked markets.

Analysis from BeInCrypto notes that this alignment enables faster settlement and improved compliance, especially where mobile wallets like GCash, M-Pesa, and WeChat Pay dominate. For enterprises, the collaboration promises efficient global transfers with lower friction. Crowdfund Insider adds that the partnership broadens payout reach while streamlining money movement across key markets.

Electronic Payments International confirms the integration into SmartX, reinforcing Thunes’s treasury capabilities and enhancing its services. CryptoBriefing highlights the joint effort to improve speed, transparency and compliance across Thunes’s global network by incorporating Ripple Payments.

This development reflects an industry shift: traditional payment networks increasingly adopt blockchain infrastructure to reduce costs and boost efficiency. Thunes, with its “Smart Superhighway” platform covering billions of mobile wallets, bank accounts, and cards, stands well-positioned to harness Ripple’s tools for expanding financial inclusion.

Thunes, founded in 2019 and headquartered in Singapore, already partners with PayPal, Uber, Grab, Paytm, and others, serving a global footprint that includes more than 3 billion accounts across 130 countries. The integration with Ripple strengthens its proposition to these and other clients seeking faster, more transparent cross-border transfers.

By Anjan Roy The GST reforms introduced by the GST council at its September 4 meeting is a mega budget for the entire country. It will be the determining factor for the budgets of the central government as well as those of the states. The goods and services tax, shorter form GST, had consolidated all […]

Two quadriplegic patients in Toronto have undergone implantation of Neuralink’s wireless brain-computer interface as part of the CAN-PRIME clinical trial, marking the first such procedures conducted outside the United States. The trial, authorised by Health Canada, aims to evaluate both the safety and the initial clinical functionality of the company’s N1 implant and R1 surgical robot in enabling individuals with paralysis to control external devices through thought […]

Nairobi forecasts steadiness in the shilling, naira and cedi for the week ahead to Thursday, even as Uganda’s shilling may firm and Zambia’s kwacha shows signs of weakness, according to trader assessments cited on 5 September 2025. Kenya’s shilling is anticipated to remain stable against the dollar, with commercial bank quotes clustered around 129.00/40 per dollar—virtually unchanged from the prior Thursday—thanks to subdued foreign exchange demand. Traders […]

African Rainbow Minerals has suspended all mining activity at its unprofitable Bokoni platinum mine while it refines a scaled-down development proposal. The decision comes amid sharply declining earnings and a substantial impairment charge, underscoring the mine’s failure to deliver expected returns. ARM announced a 2.2-billion-rand impairment for Bokoni, attributing the write-down to delays in ramping up operations and a shift in mining methodology. This loss dragged the […]

Bankers across the Gulf anticipate a surge in initial public offerings over the coming months, aiming to offset a sluggish first half that was disrupted by Ramadan’s overlap with March, followed by heightened volatility tied to US tariffs and escalating regional tensions. They project that this end-of-year activity will allow the UAE to rival Saudi Arabia in dollar-volume IPO activity. Arabian bankers expect Middle East dealmaking surge […]

A Reuters-compiled survey reveals that OPEC’s oil output climbed in August following a coordinated decision to raise production, with the United Arab Emirates and Saudi Arabia driving the increase. The group lifted August output by approximately 400,000 barrels per day to reach 28.55 million bpd, according to a Bloomberg-based survey cited by Commerzbank. Saudi Arabia accounted for roughly 230,000 bpd of that surge, raising its production to […]

Emergency crews are fighting a serious fire that has engulfed the upper floors of a nine-storey mixed-use building at the former BBC Television Centre on Wood Lane, White City. Around 100 firefighters attended the site by mid-morning on Saturday, joined by 15 fire engines and two 32-metre turntable ladders used as water towers. A drone team is aiding the operation by providing aerial oversight, while a rest […]

Anthropic has agreed to pay US $1.5 billion to settle a class-action lawsuit filed by several authors who alleged the company illegally downloaded and stored pirated copies of their books to train its AI chatbot Claude. A federal court filing has been submitted to U. S. District Judge William Alsup in San Francisco, who is scheduled to review the agreement. If approved, the payout will likely represent […]

DP World will begin offering the “Atlas” service from Morocco to UK and North Europe, cutting export times for fruit and vegetable shipments by up to two days when operations commence in November 2025. The maritime corridor will link the Moroccan ports of Agadir and Casablanca with DP World’s London Gateway and Antwerp Gateway terminals via two dedicated vessels, offering a faster, more cost-effective, and lower-carbon alternative to over-the-road transport.

This new route is expected to transfer up to 150,000 tonnes of fresh produce annually from trucks to ships, reducing carbon emissions by approximately 250 kg CO₂ per tonne-kilometre—a decrease of around 70% compared with traditional road haulage.

By offering faster and smoother delivery, the “Atlas” service from Morocco to UK and North Europe provides a more reliable logistics option. It circumvents issues such as traffic congestion, border delays and instances of vandalism, which frequently compromise delicate produce like tomatoes and blueberries.

To support the service, DP World has rolled out a substantial investment in refrigerated and general-cargo containers: 1,250 new reefer units plus 1,000 40-foot high-cube and 750 20-foot dry containers. Customers will benefit from full end-to-end supply-chain visibility via the CARGOES digital platform.

According to DP World, Morocco currently exports more than 6.5 million metric tonnes of fruit and vegetables to Western Europe annually, with volumes rising at over 20% year-on-year—making improved logistics more urgent than ever.

DP World Europe’s managing director and chief executive, Rashid Abdulla, emphasised that the service’s pillars of reliability, fast transit and modern IT platform make it a viable alternative to trucking, delivering better-quality produce at lower cost and with markedly reduced emissions. Markus Rodatz, chief operating officer for Freight Europe at DP World, highlighted the company’s commitment to developing smarter, more sustainable and more resilient supply chains, noting the new route helps growers and retailers meet environmental targets.

Abu Dhabi’s G42 is offering 2 % of its shareholding in its subsidiary, Presight AI, to institutional investors through an accelerated book-build, aiming to raise slightly more than $100 million. The transaction will reduce G42’s holding in the analytics group from 70.5 % to 68.5 %, while retaining majority control. First Abu Dhabi Bank and Jefferies are acting as joint global coordinators and joint bookrunners, with International Securities serving as joint bookrunner.

Demand for the placement has been strong, with books reportedly fully covered ahead of finalisation. Settlement is expected around 10 September 2025, following final terms being set by 4 September. G42 has also committed to a 180-day lock-up period before any further sale of its Presight shares.

The strategic purpose behind G42 lowers Presight AI stake via ABB is to broaden and institutionalise Presight’s investor base, enhance liquidity, and strengthen its case for inclusion in the FTSE Emerging Market Index. Greater free float and international institutional ownership would increase trading activity and appeal to passive investment funds.

Presight AI, which listed on the Abu Dhabi Securities Exchange in 2023, has posted strong financials through 2025. Its share price has risen by approximately 67 % year-to-date, closing recently at AED 3.47. In the first half of 2025, organic revenue grew by 33.5 %, supported by new domestic contracts. In the second quarter, group net profit rose by nearly 8 % to Dh77 million, with revenue up by over 53 % to Dh523.9 million. International markets now contribute 26.8 % of revenue, up from just 4.9 % a year earlier.

G42 group CFO Ricky Thirion described Presight as “a critical pillar of the G42 ecosystem and a cornerstone of our Intelligence Grid offering,” noting that its performance reflects consistent growth and strong leadership.

Regionally, secondary offerings like this one are gaining traction. In 2025, follow-on sales across the Middle East have raised roughly $3.7 billion, surpassing IPO proceeds—a sign of deepening market maturity.

The placement’s proceeds will go entirely to G42, with no dilution or impact on other shareholders or Presight’s operations.

Abu Dhabi’s G42 has therefore engineered a measured recalibration of its ownership in Presight AI—G42 lowers Presight AI stake via ABB—while securing capital, expanding its shareholder base, and positioning the company for broader market inclusion and visibility.

OpenAI is launching a platform to connect workers fluent in artificial intelligence with employers, using AI to match skills and opportunities OpenAI builds AI-Powered Jobs Hub, positioning itself against LinkedIn. Set to debut by mid-2026, the service aims to streamline recruitment by ensuring candidates’ AI competencies align closely with employer requirements. In a blog post, Fidji Simo, OpenAI’s chief executive of Applications, said the OpenAI Jobs Platform, […]

du has unveiled its Envision 2025 agenda, signalling a decisive push towards an AI-first future. The event is scheduled for 9 September 2025 at Atlantis, The Royal, and is designed to mobilise public and private sector leaders around AI-enabled smart communities and sovereign digital innovation.

The Envision 2025 blueprint brings together a distinguished roster of sponsors and partners. Oracle is confirmed as Host Sponsor, contributing expertise in cloud and sovereign AI capabilities. Cisco, as Platinum Partner, reinforces commitments to digital advancement. Gold Partners include HPE, Huawei, Akamai Technologies and CyberKnight, while Silver Partners—Dell Technologies, Fortinet, Accenture, Hexaware and Palo Alto Networks—support AI and cybersecurity resilience. Equinix and Joy Smart Technologies join as Bronze Partners, emphasising a collaborative approach to transformation. du charts AI-first future with Envision 2025 echoes this collaborative vision, emphasising alignment between leadership and technological innovation.

The threefold Envision platform will host both an exhibition and a conference, spotlighting cutting-edge domains: AI Data Centres, Sovereign Cloud, Generative and Agentic AI, GPU-as-a-Service, Industry 4.0, Advanced Robotics, and Cloud Computing. It seeks to provoke strategic alliances and stimulate discourse aligned with the UAE’s National AI Strategy and National Digital Government Strategy 2025.

Fahad Al Hassawi, Chief Executive Officer of du, underscored the alignment with national vision, referencing the leadership of H. H. Sheikh Mohammed bin Rashid Al Maktoum, who asserted that “future is not something we wait for, but something we make.” Al Hassawi emphasised that converging leadership with advanced technology will underpin the creation of a scalable, secure, and AI-first UAE.

Jasim Al Awadi, Chief ICT Officer at du, described Envision 2025 as more than a technology event—but as a national platform uniting future shapers to align vision, innovation and execution. He stressed that the collaborators are vital to delivering secure, scalable, sovereign digital solutions that enhance smart communities, economic growth and quality of life.

Miguel Vega, Senior Vice President for Database Platform & Cloud Infrastructure at Oracle for the Middle East, Turkey and Africa, said Oracle’s participation will centre on advancing sovereign AI and cloud functions, aiming to help public and private sectors unlock greater levels of innovation, security and efficiency.

Cape Town’s CEM Africa Summit set a high benchmark in August with a three-day assembly of workshops, panels and keynotes on AI-driven personalisation, omnichannel integration and CX leadership strategies, firmly reaffirming the continent’s place in shaping customer engagement futures. Building on that momentum, Johannesburg gears up for another CX powerhouse when CEM heads to Sandton on 20 November 2025 at the NH Hotel. The Johannesburg edition will […]

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RYO YAMADA
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IKUYO KITA