Emirates NBD has extended a AED367.3 million loan facility to Luxembourg-based CPI Property Group, giving the European real estate investor funding cover for deferred payments on a portfolio of ultra-luxury residential units in Dubai through 2026 and 2027. The transaction, equivalent to about $100 million or €86 million, is secured against 19 high-end residences owned by CPI Property Group, including 15 units still under construction. The assets […]
UAE economic growth is expected to slip into a mild contraction in 2026 as the Iran war disrupts oil exports through the Strait of Hormuz, before staging a strong recovery in 2027 on higher crude and gas production, major energy projects and continued strength in non-oil sectors. The projected setback marks a sharp reversal for the Gulf’s second-largest economy, which has spent the past decade reducing its […]
Greenlogue/AP Corporate climate target-setting is entering a more flexible phase as the Science Based Targets initiative shifts its global approach from a largely standard-setting and validation role towards a broader model aimed at helping companies deliver emissions cuts in difficult operating conditions. The London-based organisation, widely regarded as the leading verifier of corporate climate goals, has set out a 2026-2030 strategy that gives greater weight to implementation […]
At the China (Hainan Free Trade Port)–U.S. (San Francisco) Economic and Trade Exchange Meeting, the delegation highlighted the policy advantages and innovative achievements of the Hainan Free Trade Port to American enterprises. The two sides engaged in extensive exchanges in areas such as international trade, modern services, high-tech industries, and cross-border investment.
The head of the delegation noted that since the Hainan Free Trade Port began island-wide special customs operations on December 18, 2025, policy dividends have been steadily unleashed. The customs supervision model of “freer access at the first line, regulated access at the second line” has been fully implemented. The number of zero-tariff commodity items has been expanded to 6,631. Additionally, the policy of exempting tariffs on processed goods with a value-added rate exceeding 30% has created new cost advantages for cooperation between Chinese and U.S. enterprises.
Sean Randolph, a representative of the Bay Area Council, stated that direct exchanges between companies are essential for establishing long-term cooperative relationships. He noted that the San Francisco Bay Area, as a key gateway for Pacific trade, has maintained long-standing economic ties with Asia, particularly China. As the Hainan Free Trade Port continues to develop, sectors such as services, life sciences, and tourism are creating new opportunities for collaboration with California-based businesses.
During the visit, the delegation also participated in the 2026 China-California Economic and Trade Forum and held business negotiations with U.S. companies. The CCPIT Hainan signed a memorandum of cooperation with the Sino America Business Information Center to support the establishment of a platform for bilateral economic and trade cooperation and exchanges.
In addition, the delegation visited institutions such as the American-Chinese CEO Society, the Huamei Business Information Center, the Silicon Valley Open Intelligent Culture Foundation, and Sidley Austin LLP, engaging in in-depth exchanges on cross-border investment , specialized industry development, and commercial legal matters.
In June 2020, China unveiled a master plan to build the whole of Hainan Island into a globally influential and high-level free trade port by the middle of the century. The initiative reached a major milestone in December last year with the launch of island-wide special customs operations, which marked the completion of the first key step toward that goal.
The move has turned the island into a special customs supervision zone, allowing freer trade between Hainan and areas outside China’s customs borders, while enforcing standard customs controls for goods moving from Hainan to the mainland.Hashtag: #CPITHainan
The issuer is solely responsible for the content of this announcement.
Morocco is moving to turn video gaming into a high-growth industry, offering financial backing, incubation and training to local startups as it seeks to create skilled jobs, widen export revenue and produce the country’s first billion-dollar technology companies. The push has gained fresh momentum around the Morocco Gaming Expo 2026 in Rabat, held from May 20 to 24, where officials, developers, investors and international technology firms are […]
Arabian Post Staff -Dubai Abu Dhabi’s push to build a new crude pipeline bypassing the Strait of Hormuz has reached the halfway mark, with ADNOC chief executive Sultan Al Jaber saying the project is being accelerated towards a 2027 launch as regional tensions continue to expose the vulnerability of Gulf energy routes. Al Jaber said the pipeline, intended to expand export capacity through Fujairah on the Gulf […]
British Airways has pushed back the return of flights to Dubai, Doha and Tel Aviv to August 1, extending disruption on three strategically important Middle East routes as airlines continue to adjust schedules around security risks, airspace limits and uneven demand across the region. The one-month delay, shown on the carrier’s booking systems and reflected in its travel updates, affects passengers who had expected services to resume […]
Arabian Post Staff -Dubai Abu Dhabi’s push to build a crude export route outside the Strait of Hormuz has moved to the centre of Gulf energy security after ADNOC said its new West-East Pipeline is about halfway complete and on course to expand shipments through Fujairah by 2027. The project, being fast-tracked under the direction of Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of […]
The new Manila office, scheduled to open in the second half of 2026, will further strengthen State Street’s global operating model and expand its processing capabilities, complementing the firm’s existing operations across the Asia Pacific region.
“The Asia Pacific region is critical to our longterm growth strategy,” said Ann Fogarty, chief operating officer for Investment Services, State Street. “The expansion into Manila is an important step in the continued evolution of our global operating model as we continue to support significant client growth in the region.”
Manila offers access to a young, diverse and highly educated workforce, drawing talent from the city’s wellestablished University Belt and its strong pipeline of graduates with financial services and operations expertise.
With USD54.5 trillion1 in assets under custody and/or administration, State Street services more than 12% of the world’s assets2. The firm operates in more than 100 geographic markets and employs approximately 51,000 people worldwide. State Street established its presence in Asia Pacific more than 40 years ago and today operates 16 offices across the region.
1 As of March 31, 2026
2 Represents State Street AUC/A of USD$54.5T as of March 31, 2026, divided by Global Financial Assets, including Global Equity, Global Debt Securities and Global Broad Money (M3), as of December 31, 2024. Sources: SIFMA Markets Factbook, 2025; Organisation for Economic Co-Operation (OECD), World Bank.
Hashtag: #StateStreetCorporation #Manila #GlobalOperatingModel
The issuer is solely responsible for the content of this announcement.
State Street Corporation (NYSE: STT) is one of the world’s leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading. With US$54.5 trillion in assets under custody and/or administration and US$5.6 trillion* in assets under management as of March 31, 2026, State Street operates globally in more than 100 geographic markets and employs approximately 51,000 worldwide. For more information, visit State Street’s website at 
www.statestreet.com.
*Assets under management as of March 31, 2026 includes approximately US$184 billion of assets with respect to SPDR® products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State Street Investment Management are affiliated.
© 2026 State Street Corporation
8937957.1.1.GBL.RTL
Exp. May 31, 2027
Arabian Post Staff -Dubai Emirates has completed the first reconfiguration of a two-class Airbus A380, turning one of its high-density aircraft into a three-class jet as the Dubai carrier accelerates a $5 billion cabin renewal programme across its long-haul fleet. The upgraded aircraft, registered A6-EUX, has entered service on the Dubai-Birmingham route as EK39/40, carrying 76 business class seats, 56 premium economy seats and 437 economy class […]
OpenAI will commit more than S$300 million, or about US$234 million, to build its first Applied AI Lab outside the United States in Singapore, marking a significant step in the company’s international expansion and the city-state’s push to become a global centre for practical artificial intelligence deployment. The multiyear partnership with Singapore’s Ministry of Digital Development and Information will operate under the “OpenAI for Singapore” initiative, aimed […]
Singapore’s central bank has revoked Bsquared Technology’s major payment institution licence after finding serious regulatory breaches, barring the local crypto liquidity provider from offering digital payment token services in the city-state. The Monetary Authority of Singapore said the revocation took effect on 14 May 2026, marking a firm enforcement step in one of Asia’s most closely watched digital-asset markets. Bsquared Technology Pte Ltd, also referred to as […]
The collaboration is grounded in a shared early commitment to institutional tokenization. Franklin Templeton launched the first U.S.-registered mutual fund to use a public blockchain to process transactions and record share ownership in 2021. DigiFT has built one of Asia’s most comprehensively regulated platforms for institutional tokenized asset distribution — holding licences in both Singapore and Hong Kong, including Type 1 and Type 4 licences from the Securities and Futures Commission of Hong Kong. This partnership brings those two track records together: DigiFT will serve as a key distributor across Asia, with both organisations committed to expanding the scope of their work together over time.
The partnership arrives at a decisive moment. In 2025, tokenized real-world assets distributed on public blockchains grew from approximately USD 5.5 billion to USD 18.6 billion, with tokenized U.S. government securities emerging as the leading institutional category. This growth underscores a structural inefficiency in digital markets, where institutional capital is frequently held in non‑yielding stablecoins or on‑exchange balances, while traditional fund infrastructure remains constrained by defined settlement cycles. The Benji Technology Platform and its related tokenization products are designed to address this gap by supporting the tokenization of U.S. government securities strategies that accrue yield continuously, including intraday accrual, through Franklin Templeton’s patent‑pending Intraday Yield mechanism. It also supports 24/7 transferability between permissioned wallets and near‑instant on‑chain settlement, enabling a range of potential institutional treasury management, payment and settlement use cases, and deployable off‑exchange collateral for institutional market participants.
Henry Zhang, Founder and Group CEO of DigiFT, said: “DigiFT was built with a specific conviction: that institutional investors deserve access to the world’s best on-chain financial instruments, through a platform that meets the regulatory standard they require. The partnership with Franklin Templeton reflects that conviction and marks the beginning of a long-term strategic collaboration to bring tokenized solutions to market.”
Chetan Karkhanis, SVP, Digital Asset Partnership Development at Franklin Templeton, said: “The partners we choose reflect our long-term commitment, not just our near-term distribution objectives towards bringing the benefits of blockchain and tokenization to the industry. DigiFT’s leadership and innovative edge, together with the institutional infrastructure they have built, provides a strong foundation for this partnership. This marks the beginning of what we expect to be an expanding and enduring collaboration.”
Hashtag: #DigiFT
https://www.digift.io/
https://www.linkedin.com/company/digifttech/
https://twitter.com/DigiFTTech
https://www.youtube.com/@DigiFTtech
The issuer is solely responsible for the content of this announcement.
Dubai has unveiled the Museum of Digital Art at DIFC Zabeel District, positioning the planned five-floor institution as the region’s first museum dedicated to digital art and new technologies. Launched by Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority, the project brings together Dubai Culture and Dubai International Financial Centre in a cultural partnership designed to expand the city’s role […]
Greenlogue/AP Global building emissions rose again in 2024, underscoring how rapid urban expansion is outpacing efficiency gains and slowing the sector’s shift towards a net-zero pathway. Operational emissions from buildings increased 1 per cent to 9.9 gigatonnes of carbon dioxide last year, even as energy intensity improved across parts of the global building stock. The latest Global Status Report for Buildings and Construction 2025-2026, released on 19 […]
Addressing Growing Complexity in Modern Engineering Validation
As industries adopt emerging technologies such as wide bandgap power devices and high-speed digital interfaces, engineering teams are facing increasingly complex validation, debugging, and compliance challenges. Signal integrity, power integrity, and measurement accuracy have also become more critical across modern product development environments, particularly as systems operate at higher speeds and tighter tolerances.
Despite wider access to advanced test equipment, many teams may still rely on legacy measurement approaches or have limited exposure to newer testing methodologies and tools. At the same time, accurately interpreting measurement results and identifying root causes continue to require strong application knowledge and practical measurement experience.
Genetron’s Deminars are primarily designed for engineers and technical teams involved in research and development, product validation, debugging, and system development. Rather than focusing purely on product features or theoretical discussions, the sessions are structured around practical engineering challenges commonly encountered during development and testing processes.
Hashtag: #Genetron
The issuer is solely responsible for the content of this announcement.
Genetron Corp is a Singapore-based provider of test and measurement solutions supporting engineers, researchers, and innovators across Asia. The company offers a range of equipment and application-focused solutions, including oscilloscopes, protocol analysers, and power analysis systems designed for precision, reliability, and integration into complex development environments. In addition to supplying equipment, Genetron provides technical consultations, application expertise, and practical engineering education initiatives for comprehensive post-sales support.
The event comes amid renewed momentum for New Zealand’s Active Investor Plus (AIP) Visa, following changes introduced in April 2025 to simplify the program and attract more international capital into the New Zealand economy. As of 5 May 2026, Immigration New Zealand had received 688 applications under the new settings, representing a potential total minimum investment of $4.015 billion.
The growing demand reflects a broader shift in global wealth movement, as high-net-worth individuals increasingly seek jurisdictions that offer political stability, transparent governance, quality of life and long-term optionality for their families and capital. For many investors, New Zealand’s appeal lies not only in residency access, but also in the opportunity to participate in investments that support business growth, innovation and economic resilience.
Mr Scott Wehl, Founder of RAM Group and Director of RAM New Zealand, said the Hong Kong briefing provided an important forum for partners and investors to better understand the investment and migration opportunities available through the AIP programme.
“New Zealand continues to attract strong interest from global investors seeking stability, transparency and long-term opportunity,” said Mr Wehl.
“Our Hong Kong briefing was designed to help partners and investors better understand the opportunities that the AIP program offers, and how RAM’s income-focused strategies can support both investor objectives and the broader New Zealand economy.”
Supporting New Zealand’s real economy through private credit
A key focus of the briefing was the role private credit can play in supporting New Zealand’s real economy. Private credit can help broaden the country’s business funding ecosystem by providing an additional source of secured, non-bank capital for businesses seeking funding for growth, working capital, expansion or other productive business needs.
The RAM New Zealand Credit Fund is an approved managed fund under the AIP Growth category and may also be included as part of a Balanced category investment portfolio. The Fund is designed to provide investors with consistent income and capital stability through exposure to secured, asset-backed credit investments in New Zealand.
Through this strategy, RAM seeks to direct offshore investor capital into productive domestic investment while maintaining a disciplined focus on risk management, downside protection and portfolio diversification.
“The RAM New Zealand Credit Fund provides an AIP-aligned investment pathway focused on secured, asset-backed New Zealand credit,” said Mr Wehl.
“For investors, the Fund is designed to deliver regular income and capital stability, with liquidity aligned to AIP investment timeframes. For New Zealand, the strategy can support the real economy by directing offshore investor capital into domestic private credit and helping provide secured lending to New Zealand businesses.”
RAM’s credit approach is centred on disciplined credit selection and robust portfolio construction. The firm’s New Zealand credit capability is supported by a highly experienced team with more than 200 years of combined credit market experience, guided by leading credit experts and senior leaders with deep knowledge of New Zealand’s financial markets.
“Our approach is grounded in strong governance, prudent credit assessment and a clear focus on capital preservation, which is particularly important for investors seeking stable, income-focused outcomes across market cycles,” said Mr Wehl.
In addition to the RAM New Zealand Credit Fund, RAM also offers the RAM New Zealand Bond Fund, which may be included as part of a Balanced category investment portfolio. The Fund invests in a portfolio of floating-rate, investment-grade bonds issued by established banks and New Zealand entities, and is designed to prioritise capital stability while generating regular income.
With a long-term commitment to New Zealand, RAM will continue to leverage its international presence, investment capability and experience in income-focused strategies to support global investors and contribute to the continued development and diversification of New Zealand’s capital markets.
Hashtag: #RAM
The issuer is solely responsible for the content of this announcement.
Real Asset Management (RAM) is an alternative asset manager, providing investment solutions in Credit, Real Estate, and Private Equity markets, for institutions and wealthy families globally. RAM was founded in 2010 and has a pan-Asia presence of 7 offices in Auckland, Sydney, Melbourne, Brisbane, Shanghai, Hong Kong and Manila.
RAM provides more than 25 investment strategies and has a team of over 230 finance professionals managing over NZ$9.8bn in assets. RAM is registered as a financial services provider in New Zealand (FSP1011247). We also provide a global set of investment solutions through our group companies licensed by the Australian Securities and Investments Commission (AFSL 484263), and the Securities & Futures Commission of Hong Kong (CE BGL803).
For more information about RAM New Zealand, please visit https://ramgroup.co.nz/
Cardano’s payments push is moving into Japan through a partnership linking EMURGO, SecondFi and Slash Vision Labs, in a move designed to bring stablecoin spending into one of Asia’s most sophisticated cashless markets. EMURGO, a co-founding entity of the Cardano blockchain, has tied its consumer finance strategy to Slash Vision Labs’ payments infrastructure to make the Cardano Card available to users in Japan through the SecondFi app. […]
Held under the theme “Run · Build · Protect: Driving the Future with the Power of AI,” the forum showcased how enterprises across Asia Pacific are rethinking traditional infrastructure strategies and adopting integrated cloud platforms designed to simplify operations, strengthen security, and support long-term AI-driven growth.
A major focus throughout the event was the growing market demand for VMware alternatives following industry-wide changes to licensing and infrastructure costs. Sessions explored how organizations are seeking more flexible, cost-efficient virtualization platforms that can support both traditional enterprise workloads and future AI-driven operations. Discussions also highlighted SCMT (Sangfor Cloud Management Tool), designed to support seamless VMware migration to Sangfor Cloud.
During the forum, Sangfor showcased its integrated cloud infrastructure platform, combining compute, storage, networking, organization , and built-in cybersecurity into a unified architecture designed to reduce operational complexity and simplify migration from legacy virtualization environments.
The event also highlighted Sangfor’s AI-ready infrastructure capabilities, including support for virtual machines, containers, AI workloads, and integrated storage management through a single platform.
Keith Lee, Cloud Business Director, Sangfor Technologies, said: “Across the region, organizations are reassessing legacy virtualization strategies and looking for platforms that can provide greater flexibility, operational simplicity, and long-term scalability. Businesses today need infrastructure that combines cloud, security, AI readiness, operational efficiency and friendly licensing policies within a single platform. This is driving growing interest in next-generation VMware alternatives that can support both current enterprise requirements and future AI-driven growth.”
Lee added that Sangfor continues to expand investment across Southeast Asia, with Thailand identified as one of the company’s fastest-growing markets in the region.
The forum also featured discussions around infrastructure resilience, cloud-native applications, Zero Trust security strategies, and AI-powered operations, alongside customer case studies and live demonstrations showcasing enterprise transformation initiatives across both public and private sectors.
Sarayut Siragulthiraphong, Presales Consultant, Sangfor Thailand, added: “Successful AI adoption requires more than just AI applications themselves. Organizations also need infrastructure that is secure, scalable, and capable of supporting evolving workloads.”
Sangfor was joined by partners including Cohesity, Veeam, Sundray, IT Green, VR Comm, VST ECS, and TechHub, highlighting a collaborative ecosystem supporting enterprise transformation across Asia Pacific.
Sangfor will continue the Executive Forum series across key markets in the region, with upcoming events planned:
For more information, please visit https://www.sangfor.com
Hashtag: #SangforTechnologies
The issuer is solely responsible for the content of this announcement.
Sangfor Technologies is a global provider of cloud infrastructure and cybersecurity solutions, headquartered in Shenzhen (China). Founded in 2000, the company serves over 100,000 customers worldwide across 22+ countries and regions. Sangfor delivers AI-enabled cloud infrastructure that integrates compute, storage, network and built-in security into a unified platform, helping organizations simplify digital and AI transformation.
With a strong focus on innovation and customer success, Sangfor is also recognized as a proven VMware alternative, offering enterprise-grade solutions for infrastructure modernization, migration, and operational efficiency.
For more information, visit https://www.sangfor.com
Dubai will host a high-level Africa investment forum on 22 October 2026 as Invest Africa and the Government of the United Arab Emirates move to deepen trade, finance and technology partnerships across one of the world’s fastest-growing economic corridors. The Africa Debate – UAE, organised in collaboration with the UAE Ministry of Foreign Trade, will bring senior figures from government, finance, industry and development institutions under the […]
By Nantoo Banerjee India’s continuous hesitancy to curb the retail oil consumption pattern despite a worldwide surge in fuel prices is inexplicable, if not unacceptable. The government, the biggest benefactor of large domestic fuel use by way of imposition of levies close to 50 percent of the retail oil prices, is not prepared to ration […]
The article India Needs To Curb Oil Consumption appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Abu Dhabi technology group G42 and the Government of India have formalised terms to deploy Condor Galaxy India, an 8-exaflop artificial intelligence supercomputing cluster designed to strengthen the country’s sovereign AI infrastructure and widen access to advanced computing for research, public services and industry. The agreement, witnessed by UAE President Sheikh Mohamed bin Zayed Al Nahyan and Prime Minister Narendra Modi during Modi’s official state visit to […]
Dubai Customs has reported a sharp rise in cargo handled through its Green Corridor with Oman, underscoring the growing importance of alternative land routes as disruptions to sea lanes reshape regional supply chains. Customs declarations processed through the corridor jumped from about 12,000 in March to nearly 100,000 in April 2026, while the declared value of goods moved through the route rose from AED1 billion to more […]
Arabian Post Staff -Dubai Saudi Arabian Refineries Company has moved to deepen its clean energy ambitions by signing a non-binding memorandum of understanding with China’s Ally Hydrogen Energy to develop a green ammonia production plant in Jazan Industrial City. The agreement, signed on 15 May, places Jazan at the centre of another proposed low-carbon fuel project as Saudi Arabia seeks to build industrial capacity around hydrogen, ammonia […]
