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A landmark development has commenced as RRS International Development formally broke ground on the NH Collection Ras Al Khaimah Al Marjan Island Hotel & Apartments, a US‑$100 million mixed‑use venture in collaboration with Minor Hotels. This marks the debut of the NH Collection brand on Al Marjan Island, following its earlier branded residential entry in Palm Jumeirah, Dubai.

Construction will yield 121 hotel keys alongside 36 branded apartments, blending five‑star hospitality with modern residential design. The project’s architecture, crafted by Arkiplan Consulting Architects & Engineers, features a wave‑inspired structure symbolising a seamless union of desert and sea, while interiors by B8 Architectural Prospective Drawings Services bring tropical motifs and lush greenery into open‑plan living spaces. HMK Engineering Consultants serve as Architect of Record, Innovate Project Development is handling project management, and Atlas Star Piling Foundation oversees enabling works.

Rakesh Mirchandani, Co‑Founder of RRS International Development, described the groundbreaking as “more than the start of construction—it’s the beginning of a new chapter,” emphasising investor confidence in both the NH Collection brand and Ras Al Khaimah’s emergence as a global lifestyle destination.

The scheme has already earned multiple industry accolades, including Best Mixed‑Use Development and Best Mixed‑Use Architecture at the 2025–2026 Arabian Property Awards, Best Hospitality Project at the Architecture Leaders Awards, and a nomination for Best Design Concept at the 2025 Commercial Interior Design Awards.

Sanjay Narayandas Dhawan, another Co‑Founder of RRS International Development, noted the emirate’s evolving tourism landscape, highlighting multi‑billion‑dirham investments in leisure and gaming. He sees the new development as aligning with Ras Al Khaimah’s growing international appeal and setting new benchmarks for branded residences and hospitality‑led living.

This announcement builds on Minor Hotels’ strategy to expand its NH Collection portfolio beyond traditional strongholds. Initially unveiled in February 2025, the project is scheduled to open its doors in early 2028 and will comprise 156 keys, including 120 guest rooms and suites alongside 36 serviced apartments. Planned facilities include four restaurants and bars, a gym, an outdoor swimming pool, a kids’ club, a games room, a retail shop and a co‑working space—designed for layered functionality and service excellence.

Minor Hotels’ CEO, Dillip Rajakarier, remarked that the expansion underscores the brand’s global ambition and commitment to establishing NH Collection in new regions including the Middle East. Dhawan reaffirmed RRS’s pride in launching their first boutique hotel on Al Marjan Island, aiming to “blend style, functionality, and exceptional value” while supporting the vision of His Highness Sheikh Saud bin Saqr Al Qasimi, Ruler of Ras Al Khaimah.

Architect Abdulla Al Abdouli, Chief Executive Officer of Marjan—the master developer behind Al Marjan Island—welcomed the project as integral to transforming the destination into a dynamic branded‑tourism hub. He praised the synergy between NH Collection’s service standards and Marjan’s mission to curate high‑quality lifestyle offerings across the emirate.

Located on Al Marjan Island, the hotel and residences benefit from proximity to white‑sandy beaches, resort facilities and a growing leisure‑oriented environment. The project appeals to those seeking convertible living spaces that combine permanent residence, holiday retreat and investment potential—backed by internationally recognised hospitality.

Alongside the NH Collection development, Al Marjan Island is witnessing sweeping growth, including large‑scale tourism and gaming projects such as the Wynn Al Marjan Island integrated resort, which is under construction and slated for opening in early 2027. That mega‑resort will feature over 1,500 rooms, a casino, retail and convention facilities, and a marina for super‑yachts, reinforcing the island’s growing status as a landmark destination.

Spot gold surged past the $3,500 mark, reaching new record highs amid mounting anticipation of Federal Reserve interest rate reductions and a weakening dollar. Bullion briefly traded near $3,508 an ounce, extending its year-to-date gains to around 30%, as markets grow increasingly uneasy over central bank independence and geopolitical stress.

Markets are pricing in a high likelihood—approaching 90%—that the Fed will proceed with a 25-basis-point cut at its upcoming meeting in mid-September, following dovish signals from Fed Chair Powell and softening macro data. A key US non-farm payrolls release this Friday is expected to reinforce the case for monetary easing, given signs of cooling in the labour market. Lower rates would reduce the appeal of interest-bearing assets, boosting demand for non-yielding gold.

The US dollar’s decline has played a significant role in elevating gold’s appeal, making bullion more attractive to global buyers. Safe-haven flight intensified after mounting investor concern regarding the Fed’s autonomy, stemming from high-profile political pressure, including moves to dismiss Governor Lisa Cook—actions perceived as jeopardising monetary policy credibility.

Investor sentiment has translated into tangible market flows: holdings in gold-backed ETFs have climbed steadily, piling pressure on available stockpiles and raising lease rates, especially in London’s bullion markets. Central banks, including those in emerging economies, continue to accumulate gold, adding institutional momentum to the rally. As a result, gold is increasingly viewed as a strategic hedge amid persistent inflation uncertainty, trade tensions, and an unpredictable global political landscape.

Strategists at UBS have noted that softer economic indicators, lower interest-rate environments, and elevated macro-geopolitical risks enhance gold’s function as a portfolio diversifier. Their outlook anticipates continued upward price movement into the coming quarters. Likewise, Goldman Sachs has raised its year-end target, citing strong central bank demand and ETF inflows despite broader market volatility.

Kraken’s Chief Security Officer, Nick Percoco, has issued a warning to users about a sophisticated phishing campaign impersonating the platform. Attackers are dispatching emails that replicate Kraken’s branding—with near-identical logos, fonts and messaging—to pressure recipients into taking urgent action. The emails allege the need to accept “updated terms” within a two‑day window, a tactic intended to prompt hasty decisions. In nearly every instance, the sender urges recipients to download remote desktop software such as AnyDesk under the guise of offering support. Percoco emphasises that Kraken will never request installation of such tools from users.

Such phishing attempts exploit both visual authenticity and psychological manipulation—cultivating a sense of urgency to override caution. According to official guidance, Kraken will only use verified domains—including @kraken. com, @futures. kraken. com, @email2. kraken. com, @email. krak. app and other specific, approved addresses—to communicate with users. Any other source should be treated as suspicious.

This incident reflects a broader escalation in phishing tactics across the crypto sector. Industry data indicates that phishing attacks surged more than 200% in August, resulting in losses exceeding $66 million. One single breach accounted for $55 million in stolen funds. Abnormal AI, a cybersecurity firm, attributes the elevated threat level to more advanced techniques—emails originating from older, seemingly trustworthy domains, employment of social engineering, and polished language devoid of traditional red‑flag keywords. These newer attacks are designed to bypass legacy email filters and evade automated detection.

Users are urged to remain vigilant and adopt a security-first mindset. The most effective defence measures include verifying sender addresses, suspecting communications that evoke fear or demand immediate compliance, and avoiding email links entirely—especially those prompting software installation. Instead, users should always navigate directly to Kraken’s official URL (), ideally via a bookmarked link, and contact support through trusted channels if unsure.

Kraken’s approach is rooted not only in technological safeguards but also in cultivating user awareness. Percoco has previously underscored that phishing and social engineering are among the most common threats to both users and employees. Kraken’s layered filtering and a security-conscious culture help reduce risk, though no system is foolproof. Humans remain the critical last line of defence.

With trusts at stake, exchanges are under mounting pressure to enhance transparency and user education. Some platforms have introduced anti‑phishing codes or digital signatures to help users verify authenticity. While Kraken currently relies on verified domains and user education, the challenge continues to evolve as attackers adopt more deceptive techniques.

Enterprise technology budgets are increasingly tilted towards AI, with artificial intelligence infrastructure and software commanding the lion’s share of growth while traditional hardware investment shows signs of stagnation. IDC projects global AI spending will surge to over US $632 billion by 2028, propelled by an almost 30 percent compound annual growth rate between 2024 and 2028. Generative AI alone is expected to capture roughly one‑third of this, driven by a […]

Arabian Post Staff -Dubai Night Vision Pro driving glasses claim to reduce glare and enhance low-light viewing through yellow‑tinted lenses and anti‑reflective coatings. User testimonials often echo these benefits, reporting clearer contrast and less eye strain behind the wheel. But independent experts and research cast doubt on whether these lenses truly deliver improved safety and visibility. Night Vision Pro glasses are described as non‑prescription eyewear with yellow‑tinted […]

DWF Ventures, the investment arm of Web3 market‑maker DWF Labs, has delivered a detailed evaluation of $WLFI, World Liberty Financial’s newly issued utility token. Published via X, the analysis emphasises $WLFI’s integration into World Liberty’s broader ecosystem and its potential as a key enabler in connecting traditional finance with on‑chain liquidity. Unlike World Liberty’s $TRUMP memecoin, $WLFI is purpose‑built to power the upcoming “WLFI super app”, which will streamline access through web wallets and bank on‑ramps, and underpin planned lending and borrowing services.

The report highlights the success of the USD1 stablecoin—backed by short‑term US Treasuries and cash equivalents—which now commands a market capitalisation approaching $2.5 billion and enjoys listings on major exchanges such as Binance and Coinbase. These developments have significantly boosted investor attention toward the $WLFI token.

World Liberty has raised approximately $500 million across two funding rounds by selling about a quarter of its 100 billion token supply. Among its backers are DWF Labs itself and crypto figure Justin Sun, while ALT5 Sigma has outlined a $1.5 billion treasury strategy centred around $WLFI. DWF Ventures expects that the token could soon be integrated by several DeFi protocols, including Falcon Finance, Ethena and Mantle.

Importantly, DWF Ventures positions $WLFI’s launch as more than a token debut; it sees the initiative as a structural pivot that could catalyse institutional adoption and facilitate compliant capital onboarding—possibly even drawing interest from sovereign investors.

But $WLFI’s entry into the market has triggered concerns. Reports reveal technical difficulties involving the Lockbox contract, intended to unlock 20 percent of token allocations for early investors, which have left many users unable to activate the mechanism. Pre‑market trading responded with a 40 percent drop, raising doubts about launch readiness. Coupling these issues with the political profile of its founders, the token has become entangled in financial and reputational risks.

Indeed, WLFI’s connection to the family of the former president has cast a shadow over its market potential. The token’s political dimensions have already affected diplomatic engagements—such as withdrawals from the Bitcoin Asia 2025 conference—and prompted ethical criticism over conflicts of interest.

Broader scrutiny of World Liberty Financial underscores such tensions. Investigations have revealed that the Trump family commands a substantial share of revenue from token sales and that governance design reflects unusual centralisation for a DeFi project. Further concerns relate to self‑dealing practices: for instance, ALT5 Sigma—a firm acquired by World Liberty—purchased $750 million worth of WLFI tokens. As part of this arrangement, its leadership includes Eric Trump and WLFI co-founder Zach Witkoff, a structure that regulators and critics view as raising red flags.

Ethics experts warn that such close ties between ruling office, private enterprise and foreign investment could undermine democratic safeguards. The New Yorker, for one, described the venture as stretching the norms of political ethics, with World Liberty seen by some as a mechanism for influence through token‑based access channels.

The $WLFI launch is clearly more than a token generation event—it is shaping into a test case for the nexus of politics, finance and regulation in the emerging Web3 era.

Lunate has unveiled a new thematic ETF offering, marking the first of its kind in the region, aimed squarely at quantum computing—a field rapidly reshaping sectors from pharmaceuticals to cybersecurity. The Boreas Solactive Quantum Computing UCITS ETF, developed under Lunate’s newly introduced Boreas range, is set to debut on the Abu Dhabi Securities Exchange on 22 September under the ticker QUANTM.

The fund traces the Solactive Developed Quantum Computing Index and encompasses 25 firms spanning pure-play quantum specialists like IonQ and Rigetti, alongside technology giants at the vanguard of quantum research such as Microsoft, Nvidia, and IBM. Lunate, acting through its regulated affiliate in Abu Dhabi, is spearheading the investor-facing programme, which integrates active thematic research with transparent, index‑based selection.

Geir Espeskog, an industry veteran, heads the specialist team behind the Boreas suite, reinforcing Lunate’s intensified investment in its ETF platform. Following the addition of this thematic ETF to its portfolio, Lunate will manage a total of 19 offerings, combining traditional and thematic strategies.

ADX’s Group Chief Executive, Abdulla Salem Alnuaimi, highlighted the significance of this launch, noting that QUANTM will serve as the 17th ETF listed on the exchange. He underscored its value in granting investors direct access to global leaders in quantum computing, including Alphabet and Amazon.

Solactive, the index provider, described the collaboration as a milestone both for itself and for thematic ETFs in the region. Its ARTIS® natural language processing power plays a central role in categorising companies across hardware, software & algorithms, and communication & sensing segments—applying a rank-weighted methodology that ensures balanced exposure within the index.

Market trends underpinning this launch are compelling. The global thematic fund arena has nearly doubled in size over five years, reaching roughly $562 billion. In the U. S. and Europe, thematic ETFs have also surged; by early 2025, the U. S. counted 473 listings, while Europe hosted 748, with assets concentrated in tech-heavy strategies such as AI and digital infrastructure.

Investors may subscribe to QUANTM between 10 and 16 September via six authorised participants or the ADX eIPO portal. The fund will carry a total expense ratio of 0.49 percent.

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BullZilla has captured investor attention in a way few meme coins have, combining storytelling with meticulously designed tokenomics. Within just 50 minutes of opening its presale on 29 August 2025, the project raised approximately $10,000 while selling over 2 billion tokens—an immediate display of strong market demand.

The presale, structured across 24 stages, begins at $0.00000575 per token. Token prices increase automatically every 48 hours or whenever $100,000 is raised, via BullZilla’s so‑called Mutation Mechanism. This upward‑only pricing scheme injects urgency and rewards early conviction. Analysts point to projections that token prices may reach $0.00527141 by launch—representing potential returns of over 90,000–91,500 % for early investors.

BullZilla’s tokenomics architecture includes more than just dynamic pricing. Its Roar Burn mechanism permanently destroys a portion of tokens—up to 5% at each presale milestone—and aims to reduce total supply by around 70% by the presale’s conclusion. That creates intentional scarcity and enhances price pressure.

Complementing scarcity and momentum, BullZilla offers its HODL Furnace staking system with up to 70 % annual percentage yield. This staking platform locks tokens into the ecosystem, incentivising holders to remain committed rather than flip early gains.

Taken together, BullZilla weaves scarcity, staking rewards, and narrative into a single model. Industry commentators highlight it as perhaps the most “engineered” meme coin of 2025, juxtaposed against peers like Cheems, Pepe, or Baby Dogecoin, which rely more heavily on meme culture without such structured mechanics.

This structured approach arrives as legacy meme coins—such as ApeCoin and Shiba Inu—struggle to sustain momentum without ongoing token utility or strategic innovation.

For potential investors evaluating presale options, BullZilla offers a triad of value drivers: early‑bird pricing, deflationary dynamics, and yield incentives. Yet, all of this is set against the backdrop of meme‑coin volatility. Experts caution that despite the innovation, inherent risk remains high, emphasizing the need for rigorous due diligence.

OKB, the native token of the OKX exchange, surged past the $200 threshold in the wake of a sweeping tokenomics overhaul and landmark ecosystem upgrades. These strategic shifts have reshaped the token’s role within the OKX ecosystem, igniting both market interest and institutional focus.

A decisive blow to token supply was delivered on 13 August 2025, when OKX executed a one‑off burn of approximately 65 million OKB—equivalent to around $7.3 billion—effectively halving circulating supply and capping total supply at 21 million tokens. The smart‑contract upgrade also eliminated future minting or discretionary burns, solidifying this deflationary model.

That scarcity shock triggered an explosive price rally. OKB vaulted from roughly $45 to a range between $135 and $200, with reported gains of 160–170% in the immediate aftermath. Trading volumes followed suit, rising sharply—in some accounts by as much as 383%, with daily turnover exceeding $1 billion.

Parallel to the token burn, OKX launched its upgraded X Layer blockchain, powered by Polygon’s CDK and zkEVM technology. This infrastructure now delivers throughput of 5,000 transactions per second, near‑zero gas fees and enhanced Ethereum compatibility, positioning OKB as the exclusive gas token across OKX Wallet, Exchange and Pay services. By migrating more than 90% of OKB tokens to X Layer and phasing out Ethereum Layer‑1 and OKTChain, OKX has consolidated liquidity and simplified its token architecture.

OKX also introduced a $100 million X Layer Ecosystem Fund to support developers and drive adoption in areas such as DeFi, payments and real‑world assets, while exploring entry into regulated markets in Europe and pursuing an IPO in the U. S..

Analysts caution that the token’s meteoric rise has pushed key technical indicators into overbought territory. Yet, many argue that OKB’s redefined scarcity model and expanded utility offer a structural foundation for sustained value, rather than a fleeting speculative euphoria.

Amid lingering regulatory uncertainties, particularly across Asian markets, investor sentiment remains firm. Continued strength may hinge on user migration to X Layer and the successful rollout of incentive initiatives and application-building support.

Okta Threat Intelligence has uncovered a widespread campaign exploiting malicious online ads to tempt hotel and vacation rental professionals into disclosing access credentials. Attackers have been deploying paid search advertisements on platforms such as Google Search, impersonating familiar hospitality service providers. These deceptive ads lead victims to counterfeit login portals of cloud‑based property management and guest messaging systems, with the goal of harvesting usernames, passwords and one‑time authentication codes.

The adverts specifically mimic legitimate service providers—Okta researchers identified at least thirteen hospitality‑focused brands being spoofed. Rather than redirecting users to authentic company sites, these ads channel them to typosquatted domains that host visually convincing but fraudulent login pages. Through these pages, attackers collect credentials and MFA codes, undercutting security even when multi‑factor authentication is in place.

The phishing sites also incorporate tracking capabilities—collecting geolocation, session data, bot detection metrics and analytics—to better tailor the campaign and measure its effectiveness.

This strategy exemplifies the growing menace of malvertising, where advertisements themselves become vectors for malware distribution or phishing. Malwarebytes data reflects dramatic growth in such campaigns: a 42 per cent month‑on‑month escalation in fall 2023, followed by another rise of 41 per cent between July and September. Malicious ads frequently appear alongside legitimate search results, granting them apparent credibility and increasing the chance of successful deception.

Experts point out the dual advantage these tactics offer to threat actors: extensive reach through ad networks and a veneer of trust derived from the proximity to legitimate search results.

The hospitality sector faces unique vulnerabilities as hotels and rental operators increasingly rely on cloud systems to manage bookings, guest interactions and operational workflows. With projections indicating that by 2028 some 76 per cent of travel and tourism revenues will be generated online, these sectors have become especially tempting targets.

This campaign represents a convergence of two escalating cybersecurity concerns: the explosive growth of malvertising and the rising exposure of hospitality infrastructure to credential-based attacks. While the ads serve as the initial lure, the fraudulent credential capture enables potential downstream compromises across cloud services that manage guest data, reservations and even messaging systems.

For hotel and rental operators, the implications are severe—a breach of access credentials might cascade into broader system intrusions, guest data exposure and operational disruption. Preventive measures should include rigorous verification of URLs before entering credentials, vigilant monitoring of sponsored search results for impostor ads, widespread staff awareness and training, and robust technical controls like domain-based message authentication and behavioural anomaly detection.

Journalistic integrity demands careful cross-verification of details. Okta’s findings were drawn from their threat intelligence and threat detection capabilities tailored to enterprise identity environments. Malvertising trends are substantiated by independent cybersecurity data from industry researchers such as Malwarebytes. The convergence of these findings draws a consistent picture: the hospitality industry must brace for sophisticated phishing campaigns delivered via the same channels they rely on for marketing.

By Nitya Chakraborty Prime Minister Narendra Modi’s bilateral talks with the Chinese President Xi Jinping on Sunday at Tianjin in China on the sidelines of Shanghai Cooperation Organisation (SCO) summit have sent some very positive signals which may herald the evolution of an independent foreign policy of India voicing the interests of the Global South. […]

StuDIYo Lab, a design‑technology and woodworking centre for young learners based in Dubai, has entered into a five‑year memorandum of understanding with the Bhubaneswar City Knowledge Innovation Cluster Foundation, under the Office of the Principal Scientific Adviser to the Government of India. The agreement sets a clear trajectory for rolling out maker‑based education, inclusive workshops, bootcamps and vocational training across India and the UAE.

The collaboration begins by launching School Innovation Labs in targeted Indian states. Over the next six months, the partners plan to establish up to four pilot labs, train some 20 educators, and engage over 500 learners. The agenda emphasizes accessibility for underserved groups, including tribal communities and neurodiverse participants, aiming to extend the reach of creative, skill‑based education beyond urban centres.

As part of the initiative, vocational programmes will be tailored specifically for women and youth, while inclusive workshops will cater to special‑needs learners. Innovation and entrepreneurship bootcamps are also planned to nurture student‑led startups and ideas.

This partnership represents a strategic convergence of StuDIYo Lab’s international pedagogical expertise and BCKIC’s deep grassroots network in India, reflecting a commitment to equitable and experiential learning. Capt. G. S. R., Adviser to the foundation, and Lina Sadek, founder and CEO of StuDIYo Lab, were present during the signing of the MoU in August 2025.

StuDIYo Lab has earned the Certified Autism Center™ designation, a mark of its dedication to inclusive environments and creative engagement for sensory‑sensitive individuals. The CAC accreditation underscores the lab’s commitment to accessibility and may enhance the quality and inclusivity of programmes deployed under the new agreement.

BCKIC has a track record of forging multi‑sector partnerships to support innovation, sustainable livelihoods, and inclusive growth across communities. Its ecosystem‑building efforts have previously included collaborations with educational institutions, startups, NGOs and research organisations.

This latest MoU follows a pattern of strategic alliances BCKIC has been cultivating. Earlier in August 2025, BCKIC signed a pact with AIIMS Bhubaneswar and KIIT‑TBI to support healthcare innovation, start‑up incubation and the development of joint Centres of Excellence. The new partnership with StuDIYo Lab signals an expansion of its mandate into design-oriented and maker-based learning pathways.

The timing reflects growing attention to bridging practical skill development with innovation ecosystems. By emphasising maker labs, vocational training, and inclusion across demographic and geographic lines, the pact contributes to a broader agenda of democratizing access to creative and technological learning.

This alliance also opens doors for corporate social responsibility initiatives from Middle Eastern and philanthropic partners, creating a channel for investment into inclusive educational infrastructure and innovation in India.

With its applied learning model and certified inclusivity, StuDIYo Lab brings a distinctive approach that complements BCKIC’s innovation cluster framework. The aim is to replicate scalable, equitable education solutions across diverse Indian regions—encompassing tribal, rural, urban and neurodiverse communities alike.

The experimental nature of the pilot labs and the focused goals for learner and teacher engagement indicate a test-and-scale strategy. If successful, this could form a template for expanding maker-based, design-driven learning nationwide.

By linking UAE’s expertise in accessible, hands-on learning with a credible Indian innovation ecosystem actor, the partnership may serve as a model of cross-border collaboration in education—a bridge between global pedagogy and local implementation at scale.

Dubai is poised to welcome a wave of new educational institutions in the 2025–26 academic year, with 25 private schools, early childhood centres, and universities slated to open their doors. This initiative is designed to add more than 11,700 school seats and 2,400 places at early childhood centres, significantly expanding learning options for families across the emirate.

Investors continue to express strong confidence in Dubai’s education sector. The new openings include six private schools offering a diversity of curricula—ranging from British to American and International Baccalaureate styles—16 early childhood centres, and three internationally renowned universities. These developments align closely with Dubai’s Education 33 strategy, which aims to elevate the emirate as a global centre for quality education and to boost its socio-economic growth.

The higher education expansion includes flagship additions: the Indian Institute of Management Ahmedabad, the American University of Beirut, and Fakeeh College for Medical Sciences. IIM Ahmedabad stands out with its global presence and reputation for top-tier business and management programmes, AUB holds a strong international ranking, and Fakeeh College brings expertise in medical sciences to the Dubai education landscape.

GEMS Education is also making headlines with the upcoming launch of the GEMS School of Research and Innovation in August 2025. Situated in Dubai Sports City, this school is being billed as Dubai’s most expensive to date, with a build cost of approximately US$100 million. It will follow the British National Curriculum and focus heavily on artificial intelligence, offering world-class facilities including an Olympic‑standard 50‑metre swimming pool and helipad. School fees are expected to be the highest in the country.

Regulatory oversight remains a critical component of Dubai’s educational expansion. The Knowledge and Human Development Authority has approved a 2.35 per cent Education Cost Index for tuition fee adjustments in for-profit private schools for 2025–26, based on audited financials. The ECI covers teacher and staff salaries, support services, and facility rentals. Established institutions—those operating for over three years—may apply for fee increases up to this limit, subject to KHDA review and quality assurance criteria.

This expansion comes amid growing enrolment demands. Sources suggest that student numbers across the UAE’s K‑12 segment are expected to rise sharply, with a forecast of over 150,000 new students by 2027. By 2040, higher education enrollment is also expected to more than double, necessitating an additional 10–15 branch campuses to cater to demand.

Dubai’s private education sector currently encompasses 331 early childhood centres, 233 private schools, and 44 higher education institutions. The forthcoming additions will further diversify program offerings and increase accessibility across the education spectrum.

Beyond capacity, this expansion reinforces strategic priorities. The new institutions are expected to support Dubai’s ambition to scale up educational tourism, foster a generation equipped for future-facing sectors, and reinforce its status as a major global economic and educational hub.

Borouge Plc confirmed shareholder approval at its 29 August General Assembly Meeting for an interim dividend of US$660 million, equating to 8.1 fils per share. The move underscores sustained financial strength driven by robust pricing premia, disciplined cost management and strategic inventory realisation.

The corporation reaffirmed its intention to deliver a total dividend of 16.2 fils per share for 2025—a rise from 15.88 fils in 2024—with the final instalment of 8.1 fils set to be disbursed in the first quarter of 2026. Since its IPO in June 2022, Borouge has returned US$4.24 billion in dividends, equating to a 30 per cent total shareholder return.

Chief executive Hazeem Sultan Al Suwaidi emphasised that the dividend distribution reflects the company’s “consistent track record of strong shareholder returns,” grounded in disciplined cost oversight, steady pricing margins and robust operations. He also pointed to progress toward forming Borouge Group International in early 2026 and remarked that the company remains committed to delivering resilient performance and one of the highest dividend returns on the ADX.

Financial results for the first half of the year reinforce the dividend decision. Borouge posted a net profit of US$474 million, lifted by sustained volumes, favourable pricing premia and cost efficiencies. Operationally, the pivotal Borouge 4 mega‑project has surpassed 90 per cent completion and is on target for delivery by the end of 2026. Upon completion, it will add 1.4 million tonnes of annual polyolefin capacity, unlocking substantial embedded value for shareholders.

Further details of the company’s broader strategic direction were outlined. Borouge Group International, the planned global entity, is on track for completion in the first quarter of 2026, with regulatory filings and integration processes already under way. The newly formed firm is projected to become a US$60 billion global petrochemicals powerhouse and the world’s fourth‑largest polyolefins company. Following completion, the intention is to maintain an annual minimum dividend of 16.2 fils per share through to at least 2030, subject to approval.

Earlier, Borouge had signalled its intent to distribute this interim dividend when the board proposed a US$663 million interim payout on 30 July, equivalent to 8.1 fils per share, inviting shareholders to convene on 29 August. Market commentary from the second quarter further framed the dividend rationale: net profit reached US$193 million in Q2, buoyed by the timely execution of the Borouge 3 turnaround—completed ahead of schedule and within budget. EBITDA stood at US$440 million with a margin of 34 per cent, reinforcing the company’s resilience amid asset maintenance.

Meta’s bold $14.3 billion investment in a 49 per cent stake in data‑labeling firm Scale AI—designed to accelerate its AI advancement—has quickly encountered turbulence. Only months into the venture, key technical leaders from Scale AI and veteran Meta researchers have exited, while concerns over data quality and internal culture clashes have prompted some Meta teams to turn to rival providers. Meta appointed Scale AI’s founder, Alexandr Wang, to oversee its […]

Mastercard and Circle have deepened their collaboration to enable settlement of transactions in USDC and EURC stablecoins for acquirers and merchants across Eastern Europe, the Middle East and Africa. Arab Financial Services and Eazy Financial Services are among the first institutions to access this capability, which integrates stablecoin payments into Mastercard’s established global network.

The initiative marks a clear shift towards tokenised money. Mastercard’s President for EEMEA, Dimitrios Dosis, emphasised the ambition to bring stablecoins into mainstream finance by investing in infrastructure, governance and partnerships, while leveraging the company’s longstanding expertise in security and compliance. Kash Razzaghi, Chief Business Officer at Circle, framed the move as a step towards “borderless, real‑time commerce,” seeking to make USDC as ubiquitous as traditional payments.

Arab Financial Services highlighted the tangible value of the new model: improved liquidity, operational efficiencies and dramatically reduced friction in high‑volume reconciliations. Eazy Financial Services underscored how the expanded settlement option aligns with its mission to offer faster, more secure, and efficient payment solutions, setting a fresh standard for digital settlements in EEMEA.

This development builds on existing collaborations such as crypto payment card solutions with the likes of Bybit and S1LKPAY, which already use USDC for settlement in the region. Mastercard further extends its stablecoin portfolio beyond USDC and EURC, already supporting USDG, FIUSD and PYUSD across various use‑cases spanning remittances, B2B, and payouts via platforms like Mastercard Move and the Multi‑Token Network, underpinned by its Crypto Credential and Crypto Secure frameworks.

Financial infrastructure experts view the rollout as particularly meaningful for emerging markets. World Bank data indicates cross‑border transfer costs remain high—around 8% on average—far exceeding the UN’s Sustainable Development Goal threshold of 3%. Introducing stablecoin settlement is expected to trim costs, accelerate transfers, and bolster working capital and currency resilience for small and medium businesses.

Analyses point to early adopters witnessing significant gains: settlement speeds up by 30%, and liquidity costs drop around 20%, according to some reports. Mastercard’s compliance infrastructure, combined with evolving regulatory frameworks like the European MiCA and US GENIUS Act, fosters institutional trust in this digital settlement evolution.

Circle is working to fortify USDC’s global footprint beyond this initiative. Its broader strategy includes partnerships with Finastra to plug USDC into traditional payment hubs, OKX for zero‑fee USDC conversions, and ventures with SBI Group and Ripple in Asia—all aimed at building liquidity, interoperability and widespread adoption.

By K Raveendran There are increasing signals that Trump’s weaponised tariffs will most likely be his nemesis. A US court of appeals has thrown out his tariffs against other nations, ruling that he exceeded his authority in declaring an emergency to justify the draconian measures. The development is more than a legal setback; it strikes […]

Sui Network and Alibaba Cloud have unveiled an artificial intelligence‑powered coding assistant for the Move programming language, embedded directly within ChainIDE to enhance developer experience from the outset.

An AI assistant has been introduced into ChainIDE, Sui’s flagship development environment, enabling developers to generate Move code through natural language prompts in English, Chinese and Korean. The assistant provides intelligent autocompletion, real‑time security checks, automated documentation and readily available templates—features engineered to smooth out common roadblocks in smart contract development.

This integration aligns with the growing convergence of AI and blockchain innovation, offering a unified environment where developers can focus more on creativity and less on syntax or language barriers.

Market reception has been positive. The SUI token’s price climbed between one and 2.1 percent following the announcement, reaching approximately $3.44, signalling investor confidence despite a generally bearish crypto climate.

Behind the integration lies a broader strategy to lower entry barriers for Move developers—particularly non-English speakers, who constitute a significant portion of the global Web3 community. By offering multilingual support, the tool opens the door for wider participation across Asia and beyond.

Industry observers suggest that this could translate into increased developer engagement and boosted ecosystem activity. The intelligent tooling is expected to streamline dApp deployment, reduce development cycles and yield more robust, secure code—even for newcomers to blockchain development.

Emerging data underscores this potential. Preliminary reports indicate a possible 40 percent uplift in developer activity within the Sui ecosystem, alongside rising application deployment and on‑chain usage. When combined with enhanced tooling and cloud infrastructure from Alibaba Cloud, this surge can help catalyse a flywheel effect: more developers, more dApps, more users, stronger demand for SUI through gas fees and staking.

Alibaba Cloud contributes more than software. The alliance includes node infrastructure support and enterprise‑grade scalability capabilities, reinforcing the network’s ability to handle higher transaction volumes and support institutional use cases.

Security remains a key consideration. The assistant’s real‑time vulnerability detection helps flag potential issues such as reentrancy risks or inefficiencies before deployment. Yet concerns persist about overreliance on AI-generated code, emphasising the importance of combining automation with developer oversight.

Institutional momentum continues to build. Swiss custodial services and SUI‑centric investment vehicles have entered the ecosystem, signalling growing trust. Meanwhile, developer outreach events in financial hubs such as Hong Kong, Singapore and Dubai are helping showcase Sui’s AI‑enhanced toolkit to enterprises and Web3 innovators.

Fenerbahce have parted ways with José Mourinho, bringing to an end his tenure as head coach of the Turkish giants just two days after the team failed to advance past Benfica in the Champions League play‑off. The club confirmed the decision, describing it as mutual, and extended their appreciation for his contributions to the first team since the 2024–25 season. Mourinho’s dismissal underscores the significance Fenerbahce placed […]

Stellar’s native token, XLM, slumped to roughly $0.36—a drop from $0.39—prompted by heightened institutional selling and wider unease among corporate investors. Trading volumes soared beyond 41 million XLM as large holders trimmed positions, yet the token managed to recover from intraday lows thanks to renewed institutional interest.

Despite the volatility, adoption on the Stellar network continues to advance. The Stellar Development Foundation reports that the network is approaching 10 million registered accounts, bolstered by an influx of 5,000 to 6,000 new corporate wallets added every day. Partnerships with payment giants such as MoneyGram and Circle remain instrumental, underpinning the network’s increasing relevance in cross‑border and blockchain‑based payments infrastructure.

Institutional activity remains a double‑edged sword. While selling pressure drove the price lower, it was also institutional buyers who provided critical support during the final trading hours. Analysts observing the movement between US and European market hours noted a sharp intraday decline followed by a swift rebound, suggesting opportunistic accumulation among corporate participants.

These market fluctuations align with broader patterns. Just a day earlier, XLM had floated between $0.38 and $0.39—posting a 3 % intraday gain amid unusually high volumes, interpreted as evidence of institutional accumulation and rebounding sentiment.

Looking ahead, several on-chain and technical indicators suggest that the token’s trajectory will hinge on whether supportive fundamentals can withstand market turbulence. The momentum in account growth and network partnerships points to robust infrastructure development, but the path to renewed price strength may depend on whether XLM can reclaim levels above $0.38–$0.40 on sustained institutional demand.

This pattern of decline followed by recovery highlights the tension between short-term volatility and enduring network utility. XLM’s immediate price response may be driven by sentiment, yet the underlying metrics suggest steady progress toward adoption and financial infrastructure resilience—terms of increasing importance in a shifting regulatory and institutional landscape.

Pepeto has secured over $6.5 million in presale funding, driven by an operational ecosystem that includes a zero‑fee decentralised exchange, staking rewards exceeding 230 per cent APY, and independent audits—a suite of features positioning the token as a serious contender amid meme‑coin revival.

At its Ethereum‑based core, Pepeto boasts PepetoSwap, a DEX offering fee‑free, fast trading, alongside PepetoBridge, enabling seamless cross‑chain transfers without intermediaries—all built on the security of Ethereum’s mainnet. Audits conducted by SolidProof and Coinsult reinforce its transparency credentials, a notable departure from many fleeting meme‑coin projects.

The presale’s momentum stems from strong investor appetite. Millions have poured into the token, with reports showing more than $6.2 million raised by Stage 10—completed ahead of schedule—and over $6.5 million amassed as the presale continues. Token pricing has incrementally increased across presale stages, intensifying urgency among investors hoping to enter early.

Pepeto’s tokenomics reflect a deliberately structured approach: 30 per cent allocated to presale distribution, another 30 per cent to staking incentives, 20 per cent for marketing, 12.5 per cent for liquidity, and 7.5 per cent reserved for development. The absence of team wallets and trade taxes further underscores a model designed to align with holder interests.

Community engagement appears healthy; over 100,000 followers on social platforms are amplifying the narrative around Pepeto—and its product rollout, including a public demo exchange, has already lifted awareness and participation.

Analysts compare Pepeto’s structure favourably to early meme‑coin success stories. Some suggest that the ecosystem, staking mechanics, and infrastructure could drive returns of 30× to 70×—or more—if broader market conditions align, drawing parallels to Shiba Inu’s legendary run but with stronger fundamentals.

Broader industry commentary frames Pepeto as more than a hopeful token—it is being touted as the meme‑coin with legs in 2025, combining utility with the viral energy typically absent in the category. A few analysts even liken Pepeto’s potential trajectory to a “next‑BNB‑style” breakout following exchange listings.

Still, the meme‑coin landscape remains inherently speculative. While Pepeto addresses familiar structural weaknesses—such as high fees and opaque governance—its success will depend on sustained investor interest, execution of its infrastructure, and broader crypto market cycles. History cautions that meme‑coins often fade when hype fades.

If Pepeto translates infrastructure into adoption, it may carve out a path distinct from prior meme plays. Early investors, particularly those securing tokens at the current presale price—estimated at approximately $0.000000150—stand to gain significantly should the token replicate past meme-coin rallies, albeit with arguably enhanced foundation.

Al Ghurair Mobility has sealed a landmark agreement with Dongfeng Motor Corporation to bring the premium electrified automotive brands MHero and Voyah into the Kingdom of Saudi Arabia. The accord positions Al Ghurair Mobility as the exclusive regional partner responsible for the brands’ launch and rollout, in line with the country’s strategic shift towards sustainable mobility.

The deal was formalised during a signing ceremony attended by John Iossifidis, Group CEO of Al Ghurair Mobility; Oscar Rivoli, CEO of Motors at Al Ghurair Mobility; and Qiu Xiaojun, CEO of Dongfeng’s Overseas Marketing Division. This collaboration underscores a union of Al Ghurair’s regional stature with Dongfeng’s technological innovations.

Voyah, launched in 2021, represents Dongfeng’s vision for luxury electric mobility. Its flagship models—Voyah FREE SUV and Voyah DREAM MPV—are distinguished by elegant aesthetics, extended range capabilities, and advanced driver-assist functions, targeting buyers seeking a refined alternative to traditional luxury marques.

Meanwhile, MHero, introduced in 2022, draws from Dongfeng’s heritage in rugged, military-grade engineering. Its models, such as the MHero 1 and MHero 2, marry off-road prowess with electrified powertrains and premium comfort, offering a distinctive proposition within luxury off-road SUVs.

Industry analysis suggests this move aligns with a broader three‑year strategic partnership between Dongfeng and Al Ghurair, aimed at establishing the brands across the Gulf region. The agreement signifies Dongfeng’s growing commitment to the Middle East market and is designed to dovetail with Saudi Arabia’s Vision 2030 agenda, which prioritises sustainable development and diversification.

For Saudi consumers, the arrival of MHero and Voyah promises a novel blend of luxury, performance, and eco‑friendly technology. Al Ghurair Mobility is expected to support these brands through not only sales and marketing infrastructure but also after‑sales service and technical support, leveraging its established regional presence.

The venture underlines both a strategic and symbolic development in Saudi Arabia’s automotive sector. The availability of high-end electric and hybrid vehicles—backed by major regional players—signals the Kingdom’s evolving consumer preferences and its commitment to transforming the mobility ecosystem.

The Ministry of Economy and Tourism has signed a Memorandum of Understanding with Dubai Science Park to reinforce legal and technical assistance for patent registration and intellectual property protection. The agreement is set to ease processing procedures and support businesses across TECOM Group’s business districts.

Support will extend to companies located in Dubai Science Park and other hubs such as Dubai Internet City, Dubai Media City, and Dubai International Academic City. The collaborative framework introduces expert guidance and streamlined mechanisms for innovators, aiming to enhance patent registration and commercialisation both locally and internationally.

Dr Abdulrahman Al Muaini, Assistant Undersecretary for the Intellectual Property Sector at the Ministry, emphasised a sustained commitment to fostering the national innovation ecosystem through partnerships that bolster IP protection capabilities. Marwan Abdulaziz Janahi, Senior Vice‑President of Dubai Science Park along with Dubai Knowledge Park and Dubai International Academic City, described the pact as a catalyst for accelerating research and innovation with global resonance.

Growth in patent activity underscores the impetus for such a partnership. From January to July 2025, the Ministry recorded 1,221 patents, up from 466 for the equivalent period in the prior year. Meanwhile, patent applications rose to 2,430 from 1,996 in the same timeframe. This solid year‑on‑year increase signals both institutional and societal recognition of the strategic importance of intellectual property.

Dubai Science Park serves as a key component of the UAE’s innovation infrastructure, hosting over 500 entities—including global firms such as AstraZeneca, BeiGene, and Pfizer—and facilitating the work of more than 6,500 professionals in the life sciences, energy and environmental sectors. Facilities include Grade‑A offices, LEED‑certified laboratories, and sophisticated logistics infrastructure.

The MoU also introduces outreach initiatives—for instance, workshops, training sessions, and awareness campaigns—designed to enhance IP literacy among business owners and innovators across TECOM’s network of districts.

This agreement aligns with the UAE’s long‑term strategy to transform into a knowledge‑based economy by 2031. It reflects a broader ambition to position the nation as a global centre for innovation and research by providing creators with robust protections for their intellectual property.

The new MoU follows earlier initiatives such as the Accelerated Patent Grant agreement with the United States Patent and Trademark Office, which aimed to speed up UAE patent approvals for inventions granted in the United States. Furthermore, the Ministry’s ‘Green IP Roadmap’ introduced accelerated registration for sustainable and eco‑friendly innovations—pushing to reduce registration timelines from 42 months to six and increasing patent numbers to 6,000 by 2026.

By Nitya Chakraborty The tariff war declared by the United States President Donald Trump against India by imposing a total duty of 50 per cent on Indian exports to the USA effective August 27 this year, is having its impact on the economic relations between the two powerful economies of Asia , China and India. […]
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