South Korea’s Bithumb has added GoPlus to its Korean won market, prompting a swift surge of more than 20 per cent in the token’s price before gains eased amid heightened trading activity. The listing, announced by one of the country’s largest cryptocurrency exchanges by volume, allowed users to trade GPS directly against the won, expanding the token’s accessibility in a market known for strong retail participation. Within […]
Arabian Post Staff -Dubai A consortium led by Saudi Arabia’s sovereign wealth vehicle, the Public Investment Fund, alongside private equity firm Silver Lake and Affinity Partners has launched a strategic tender offer for about $1.5 billion of debt tied to Electronic Arts as part of efforts to reshape the financial structure underpinning its landmark acquisition of the gaming giant. The move could signal a shift in how major […]
Nordic data centre operator atNorth has confirmed plans to develop a 300MW high-density colocation campus in Sollefteå Municipality, Sweden, marking one of the largest artificial intelligence-focused infrastructure projects announced in the region. The facility, to be built at the Hamre Industrial Park, is scheduled to begin operations in the first half of 2028. Company executives said the campus is designed to meet accelerating demand for AI and […]
New Delhi has set a target of raising ₹1.79 trillion, equivalent to about $20 billion, through public listings of state-run enterprises by the 2029/30 financial year, signalling a recalibration of its privatisation strategy towards stake sales rather than outright transfers of ownership. The plan forms part of a wider asset monetisation programme aimed at generating $183.7 billion over the next four years, according to a report issued […]
Digital asset investment products recorded net outflows of about $288 million over the latest week of trading, extending a multi-week streak of capital withdrawals by institutional and retail investors from cryptocurrency-linked funds. This marks the fifth consecutive week of net selling in crypto fund flows, pushing total outflows to roughly $4 billion over this period and signalling ongoing pressure on risk assets within the digital-asset space. Despite […]
Bitmine Immersion Technologies, a publicly traded crypto-focused firm, has scaled its treasury to US$9.6 billion, driven predominantly by its growing Ethereum holdings and staking operations, officials announced as of 22 February 2026. The accumulation comes as the broader crypto market contends with persistent price weakness, yet Bitmine’s strategy underscores its intent to cement a dominant position within the Ethereum ecosystem and global crypto treasuries. Bitmine’s balance sheet […]
The implementation spans the Group’s schools and education brands, including EBridge Pre-School, an Anchor Operator, extending AI integration beyond classroom experimentation into enterprise-wide infrastructure supporting operations, marketing and admissions, finance, human resources, school administration and technology development.
While education was not named among the initial priority sectors identified under Singapore’s national AI strategy, EtonHouse views schools as foundational to building long-term AI capability and literacy across society.
Governance-led AI deployment
The rollout has been structured around enterprise governance principles. Access is managed through role-based access controls, single sign-on authentication and automated provisioning, ensuring that AI tools and information remain aligned to defined job responsibilities and permission boundaries.
ChatGPT Edu operates within a centrally managed internal workspace governed by consistent policies across the Group. External sharing and third-party integrations are enabled only where explicitly approved and aligned with business requirements, reinforcing a secure and compliant AI environment.
This governance-first approach reflects a deliberate shift from isolated experimentation to structured, scalable adoption.
From classroom innovation to enterprise infrastructure
EtonHouse previously developed Lumina, its proprietary AI-powered lesson planning platform. The deployment of ChatGPT Edu represents the next phase of integration, extending advanced artificial intelligence capabilities into enterprise functions.
Within the secure workspace, teams can upload documents for structured analysis, generate comparative reports, conduct scenario modelling and retrieve institutional knowledge more efficiently. Technology teams are also leveraging Codex, OpenAI’s agentic coding tool, to enhance development workflows, supporting code drafting, review and testing while maintaining human oversight and established engineering standards.
The Group is concurrently developing internal AI assistants and structured workflows within defined governance parameters to streamline routine processes and standardise how knowledge is accessed and applied across departments.
Augmentation, not replacement
EtonHouse emphasises that artificial intelligence is being implemented as an augmentation layer rather than a substitute for professional judgement.
“Artificial intelligence is not a shortcut or a replacement technology. It is a learning infrastructure,” said Mr Ng Yi-Xian, Group CEO of EtonHouse International Education Group. “We are developing tools that help students learn more confidently, support teachers to plan and differentiate more effectively, and equip HQ teams to serve schools faster and with higher quality. AI should amplify good practice, not replace it, so we are building the governance and capability to deploy it responsibly at scale.”
The rollout will be supported by structured staff training alongside OpenAI experts clear usage guidelines and ongoing oversight to ensure transparency, responsible usage and alignment with internal policies and regulatory obligations.
“As Singapore advances its national AI ambitions, many institutions are working to bridge the gap between rapidly advancing AI technologies and their ability to deploy them effectively and responsibly. EtonHouse’s rollout of ChatGPT Edu shows how forward-thinking education organisations can translate AI into practical, trusted enterprise-wide systems that empower teams today, while building confidence for the long-term.” added Oliver Jay, Managing Director, International at OpenAI.
Education’s role in Singapore’s AI future
Budget 2026 outlined the formation of a National AI Council to guide coordinated deployment across priority sectors including advanced manufacturing, connectivity, finance and healthcare.
EtonHouse’s implementation reflects how education institutions can apply similar principles of governance, security and enterprise readiness, positioning schools not only as adopters of technology but as contributors to Singapore’s broader AI capability building.
With this move, EtonHouse signals a transition from exploratory AI usage to secure, scalable integration across its global network, reinforcing its commitment to innovation anchored in institutional discipline and responsible deployment.
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At EtonHouse, collaboration with governments is a cornerstone of its mission. The partnerships include:
In 2015, the EtonHouse Community Fund (ECF) was established, dedicated to enhancing the lives of underserved children and youth through education.
The Eton Academy was launched in 2020, providing English, Maths, and Science academic programmes for Nursery 1 to Primary 6 in centres across the island. Building on this success, The Eton Academy expanded in 2025 with the introduction of Elevate After School Care, offering primary school children a holistic, well-rounded after-school experience that complements their academic development.
EtonHouse International Education Group remains unwavering in its commitment to shaping futures and making a meaningful impact on the world through education.
Arabian Post Staff -Dubai United Arab Emirates has published detailed electronic invoicing guidelines as authorities accelerate plans to introduce a nationwide digital billing system aimed at modernising tax compliance and improving transparency across the economy. The Ministry of Finance said the official reference document sets out the technical, operational and compliance framework that businesses must follow as the country moves towards mandatory eInvoicing. The guidance forms a […]
Arabian Post Staff -Dubai President Donald Trump dismissed reports that the Pentagon harbours concerns about the feasibility of a prolonged military campaign against Iran, declaring that he alone would decide on any course of action while reiterating his preference for a negotiated settlement. “Everything that has been written about a potential war with Iran has been written incorrectly, and purposefully so,” Trump wrote on social media […]
Arabian Post Staff -Dubai Kuwait Petroleum Corporation has opened preliminary discussions with a broad pool of global investors over the potential sale of a minority stake in its crude oil pipeline assets valued at about $7 billion, according to three people familiar with the matter, signalling a strategic shift that mirrors monetisation drives across the Gulf. The early-stage talks centre on infrastructure funds and private equity groups […]
Tata Group, Tata Consultancy Services and OpenAI unveiled a landmark strategic partnership that aims to redefine the landscape of artificial intelligence deployment across enterprise, infrastructure and workforce development. With a multi-year agreement signed at a major AI summit in New Delhi, the collaboration is centred on building out AI infrastructure in India, rolling out Enterprise ChatGPT to thousands of employees and co-creating industry-tailored AI solutions.
Under the pact, TCS’ HyperVault unit will lead the development of large-scale AI-ready data centres, starting with an initial capacity of about 100 megawatts of power and a roadmap to scale to 1 gigawatt. OpenAI is anticipated to become the first anchor customer for this infrastructure, supporting advanced AI computation and inference workloads within the country.
Central to the partnership is the deployment of Enterprise ChatGPT across Tata Group companies, designed to enhance productivity and accelerate innovation within one of India’s largest conglomerates. Thousands of employees are set to receive access to the enterprise version of the generative AI platform, enabling broader internal adoption of AI tools for knowledge work and decision support.
Beyond productivity tools, the alliance will explore the development of “agentic” AI solutions that combine OpenAI’s cutting-edge models with TCS’ industry knowledge and engineering capabilities. This approach aims to address complex sector-specific challenges across fields such as manufacturing, financial services and healthcare, rather than offering generic AI applications.
OpenAI’s CEO Sam Altman positioned the collaboration as part of a larger initiative to expand the company’s footprint and capabilities in emerging markets like India, where demand for AI services and local data processing is accelerating. He emphasised the need for robust infrastructure and local partnerships to scale AI responsibly and securely.
Tata Sons Chairman N. Chandrasekaran described the partnership as a cornerstone in the group’s wider AI strategy, underscoring its potential to strengthen both domestic capacity and global competitiveness. The agreement aligns with TCS’ ambition to become a leading AI-driven technology services provider on the world stage, building on its existing HyperVault platform and ongoing investments in state-of-the-art data centres.
Financial markets reacted positively to the announcement, with TCS shares rising after the news broke, reflecting investor confidence in the company’s expanded role in AI infrastructure build-out and its position as a strategic partner to global AI developers.
The infrastructure element of the partnership places a strong emphasis on scalability and sustainability. TCS’ HyperVault facilities are designed to support liquid-cooled, high-density data environments that can handle the demanding computational needs of generative AI models, while also integrating with major cloud regions for broader interoperability.
A social impact component is woven into the alliance through plans to collaborate with the OpenAI Foundation to deliver AI training programmes for youth and underserved communities, equipping individuals with skills to engage with emerging technologies responsibly. The initiative aims to develop a pipeline of talent capable of contributing to the wider AI ecosystem.
This partnership comes amid a broader surge in investment and strategic alignments between global AI firms and Indian technology leaders, as the country seeks to position itself as a competitive hub for innovation and data infrastructure. Industry observers note that similar efforts by other major tech players to localise AI capabilities reflect a global trend towards data residency, regulatory compliance and sovereign control over critical AI workloads.
Critics caution that the rapid expansion of AI infrastructure must be balanced with robust governance frameworks to address concerns around data security, ethical use and labour market disruption. Analysts argue that while the partnership promises substantial gains in efficiency and capability, clear policies and oversight mechanisms will be crucial to ensure equitable benefits across society.
A magnitude 5.7 earthquake struck off the coast of West Papua province in Indonesia on Tuesday, recording a shallow depth that had authorities monitoring a broad swath of Papua’s coastal communities for shaking effects, according to seismic data from international observatories. The German Research Centre for Geosciences and seismic networks reported the tremor’s epicentre in the Ceram Sea region of West Papua, with a hypocentral depth of […]
Microsoft has acknowledged a significant flaw in its Microsoft 365 Copilot AI assistant that allowed the system to process and summarise emails labelled as confidential, bypassing established data protection controls. The issue, tracked internally as CW1226324, emerged from a coding defect in the Copilot “Work” tab that inadvertently pulled content from users’ Sent Items and Drafts folders — even when those messages carried sensitivity labels and were […]
Krafton has appointed a new chief artificial intelligence officer as the South Korean games publisher accelerates efforts to embed advanced AI systems across its development studios and flagship franchises, including PUBG. The company confirmed that it has brought in a senior AI specialist with experience spanning large language models, machine learning infrastructure and applied gaming technologies to lead what it described as the next phase of its […]
Producer prices in the Republic of Korea rose for a fifth straight month in January, driven by firmer semiconductor prices and higher agricultural costs, according to central bank data that point to lingering pipeline inflation pressures in Asia’s fourth-largest economy.
Figures released by the Bank of Korea showed the producer price index increased on both a monthly and annual basis, extending a run of gains that began in early autumn. Officials attributed the latest rise largely to a rebound in memory chip prices and elevated food-related costs, reflecting supply constraints and weather-related disruptions.
Semiconductors, a cornerstone of the country’s export-led economy, played a decisive role. Prices for key memory products, including DRAM and NAND flash, strengthened as global demand for data centres and artificial intelligence applications continued to absorb inventories. After a prolonged downturn that weighed on manufacturing output through 2023, chipmakers have benefited from tighter supply and renewed investment in high-performance computing, pushing upstream prices higher.
Industry analysts say the upturn in chip prices has filtered through supply chains, lifting overall producer prices even as energy costs have remained comparatively stable. Manufacturing accounts for a substantial share of Korea’s producer basket, meaning swings in technology components can exert an outsized influence on headline figures.
Agricultural products also recorded notable gains. Unfavourable weather conditions and higher input costs contributed to increases in fruit, vegetable and livestock prices. Food-related producer costs are closely watched because they can pass through to consumer prices with a lag, particularly in a country where household spending on fresh produce forms a visible part of the inflation basket.
The latest data suggest cost pressures remain uneven across sectors. While energy prices have moderated from peaks seen after geopolitical disruptions in global oil and gas markets, certain industrial materials and processed foods have shown persistent firmness. Service-sector producer prices, including transport and logistics, have also edged higher, reflecting wage adjustments and operating expenses.
Economists note that sustained increases in producer prices can eventually feed into consumer inflation, although the transmission is neither automatic nor immediate. Consumer price growth has eased from multi-year highs reached in 2022, but remains sensitive to food and housing costs. The central bank has kept its benchmark interest rate at a restrictive level since early 2023 in a bid to anchor inflation expectations and support financial stability.
Policy deliberations in Seoul have balanced the need to contain price pressures against concerns over slowing domestic demand and household debt. Export performance has improved alongside the semiconductor recovery, yet construction activity and private consumption have shown mixed signals. A continued rise in producer prices may complicate the timing of any monetary easing, particularly if global commodity prices remain volatile.
The global context adds another layer of uncertainty. Demand for advanced chips linked to artificial intelligence has bolstered Korea’s trade outlook, but cyclical risks persist in other manufacturing segments, including petrochemicals and steel. At the same time, agricultural markets remain exposed to climate variability, which can amplify price swings and affect food security.
Market participants are closely monitoring whether the current producer price trend represents a stabilisation after last year’s weakness or the beginning of a more entrenched cost cycle. Some analysts argue that the semiconductor rebound is structural, underpinned by sustained capital expenditure in cloud infrastructure and next-generation devices. Others caution that technology demand can be volatile, and that inventory adjustments may re-emerge later in the year.
For policymakers, the composition of producer price growth is as important as the headline number. Increases concentrated in export-oriented sectors may bolster corporate earnings and investment, whereas broad-based gains across consumer-linked industries could signal renewed inflationary momentum. The central bank has indicated it will continue to assess data on prices, wages and growth before making any shift in its policy stance.
Businesses, meanwhile, face decisions on whether to absorb higher input costs or pass them on to customers. Large technology firms may have greater pricing power in global markets, but small and medium-sized enterprises, particularly in food processing and retail supply chains, operate on thinner margins.
Stablecoin payments firm RedotPay is weighing a public listing in the United States that could raise as much as $1 billion, signalling growing investor appetite for crypto-linked financial infrastructure as digital dollar transactions gain traction across retail and cross-border commerce. People familiar with the matter indicate the company has begun exploratory discussions with advisers about a potential initial public offering, though timing and valuation remain subject to […]
Bitcoin is hovering near the $60,000 threshold after a sharp weekly slide, with derivatives data indicating that a decisive break lower could unleash as much as $2.2 billion in forced liquidations across major exchanges. The world’s largest cryptocurrency has retreated from highs above $70,000 reached earlier this quarter, shedding momentum as risk appetite across global markets softens. Trading desks report heightened volatility and thinning order books around […]
Arabian Post Staff -Dubai Red Sea Museum has unveiled an expansive Ramadan programme in Historic Jeddah, bringing together craft workshops, storytelling sessions, performances and community gatherings to mark the holy month against the backdrop of a major maritime exhibition opening this season. The series, running from February through March 2026, is designed to celebrate heritage, creativity and collective memory. Organisers say the initiative seeks to deepen public […]
Tesla, the electric vehicle and autonomous technology company led by Elon Musk, has escalated its long-running dispute with California regulators by filing a lawsuit aimed at overturning a key regulatory ruling that found its marketing of advanced driver-assistance systems misled consumers. The legal action targets a decision by the California Department of Motor Vehicles that determined the company’s use of the terms “Autopilot” and “Full Self-Driving” violated […]
Arabian Post Staff -Dubai Casio Computer Co., Ltd. has unveiled the GMW-BZ5000, a full-metal addition to its G-SHOCK 5000 line that introduces a high-definition memory-in-pixel LCD designed to improve clarity and viewing comfort. Announced in Dubai on February 23, 2026, the new model retains the iconic silhouette of the original 1983 G-SHOCK while incorporating a display and exterior design shaped through collaboration between human designers and artificial […]
Arabian Post Staff -Dubai JTI has secured its Global Top Employer certification for 2026, marking another year of recognition for its workforce policies and signalling steady gains in employee engagement, leadership development and workplace culture across its international operations. The tobacco and nicotine products group, which operates in more than 70 markets, said the renewed certification reflects year-on-year improvements in areas ranging from talent acquisition and career […]
In recent months, headlines proclaiming the death of ESG investing have grown louder. From record fund outflows to political pushback in the United States, it’s easy to fall into the narrative that the environmental, social and governance approach to investing has run its course. Those stories, however, miss the deeper reality. ESG is not dead, it’s adapting to a more complex market environment and evolving client expectations. […]
Kyndryl has unveiled a Cyber Defense Operations Center in Bengaluru, bringing its network and security operations under a single command structure as enterprises confront an escalation in AI-enabled cyber attacks. The new facility, described by the company as a Cyber Defense Operations Center, is designed to integrate traditional network monitoring with advanced threat detection, incident response and resilience planning. Executives said the unified model is intended to […]
Air India has scrapped all its flights to and from New York City and Newark Liberty International Airport for both Monday, 23 February and Tuesday, 24 February, citing a powerful winter storm bearing down on the US East Coast that has forced widespread travel disruption and grounding of services. The airline said heavy snow, strong winds and hazardous conditions forecast across New York, New Jersey and adjoining states would significantly disrupt airport operations, prompting a precautionary halt to services to prioritise passenger and crew safety.
The cancellations form part of a wider aviation standstill triggered by one of the most intense nor’easter systems to sweep the Northeast this season. The National Weather Service has issued blizzard warnings stretching from Delaware through to Massachusetts, including the New York metropolitan area, where forecasters expect between 30 cm and 61 cm of snow, strong gusts and white-out conditions that threaten to make travel perilous. Municipal authorities have imposed travel bans on non-essential movement and activated emergency measures to cope with the storm’s impact.
Air India’s travel advisory advised travellers booked on affected services to contact the carrier’s support teams for rebooking and assistance, underscoring the airline’s efforts to manage disruption for customers despite the operational freeze. Dedicated ground teams have been deployed at airports to help passengers with alternative arrangements and support. The move mirrors actions by other international carriers, with Emirates and Etihad also cancelling flights to US destinations as the storm hobbles aviation corridors between the Middle East and the United States.
The storm system, dubbed a blizzard by weather authorities, has shut down road travel across much of the Northeast. New York City’s mayor has ordered a citywide ban on non-essential travel during peak weather, while neighbouring New Jersey and several states along the Eastern Seaboard have declared states of emergency, mobilising snow-clearing crews and National Guard units. Public transit services, including buses and commuter rail, face severe curtailments as snowfall rates surge.
Across the region, airports have reported thousands of flight cancellations and delays as shuddered operations ripple outward from the hardest-hit hubs. Alongside Air India’s transatlantic cancellations, major carriers have pulled back services at John F. Kennedy, LaGuardia and Boston Logan International Airports, where airlines have warned passengers to expect prolonged disruption as crews and infrastructure teams work to clear runways and de-ice aircraft.
The National Weather Service’s warnings reflect the storm’s scale. Blizzard alerts encompassing New York City mark the first of their kind in several years for the area, with forecasters noting that coastal flooding, damaging winds and snow loads that can down power lines are all present within the storm’s profile. Some jurisdictions are anticipating snow accumulations that could eclipse seasonal norms, heightening concerns over transportation and emergency response capabilities as attention turns to post-storm recovery.
The pattern of disruption emerging from this event follows a string of significant winter weather episodes across North America in recent weeks, including powerful storms earlier in the winter season that had already stressed transport networks and emergency services. This latest system’s timing and intensity compound logistical challenges for travellers and carriers alike, with airlines adjusting timetables, offering refunds and reshaping schedules as conditions evolve.
