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Arabian Post Staff -Dubai   Qatar’s finance minister has warned that the world economy faces a far sharper hit from the Middle East conflict than markets have yet absorbed, saying the oil-price surge seen so far is only an early sign of wider damage that could spread through energy, food and industrial supply chains by May or June. Speaking at the IMF and World Bank spring meetings […]

Comcast customers notified about the company’s 2023 Xfinity data breach are being offered cash payments, reimbursement for documented losses and identity-protection services under a proposed $117.5 million class-action settlement, opening what could become one of the largest consumer redress exercises tied to a telecom cyber incident in the United States. The settlement applies to people in the United States and its territories who were sent individual notice […]

  Pupils across the UAE will return to classrooms from Monday, April 20, after the Ministry of Education said all nurseries, kindergartens, and public and private schools are cleared to resume full in-person learning for students, teachers and administrative staff nationwide. The move ends more than six weeks of distance learning and signals that authorities believe campuses have completed the safety, staffing and facility checks needed for […]

Australia’s unemployment rate held at 4.3% in March, defying a widening energy shock from the US-Israeli war on Iran and underscoring the resilience of a labour market that has so far remained tighter than many economists expected. Official figures showed employment rose by about 18,000 over the month, led by a sharp lift in full-time work, even as participation edged lower and policymakers faced a more complicated […]

A sharp jump in brute-force attacks against SonicWall and Fortinet devices has put security teams on alert, after Barracuda said such activity made up more than half of the confirmed incidents its SOC tracked during February and March, with about 88% of the attacking IP addresses geolocated to the Middle East. The company said most attempts failed because they were blocked or aimed at invalid usernames, but […]

Asian equities pushed higher on Thursday as hopes of a diplomatic opening in the US-Iran conflict combined with solid corporate earnings to lift sentiment across the region, extending a rebound that has carried global benchmarks back towards, and in some cases beyond, their pre-war highs. MSCI’s broadest index of Asia-Pacific shares outside Japan rose about 0.9 per cent, while Japan’s Nikkei jumped 2.2 per cent to a fresh record, tracking Wall Street gains after the S&P 500 and Nasdaq ended at all-time closing highs on 15 April.

The rally reflected a market view that the worst-case economic fallout from the conflict may yet be avoided if negotiations regain momentum. Investors were encouraged by signs that talks between Washington and Tehran could resume after earlier efforts faltered, easing some fears over energy supply disruptions and allowing attention to swing back to earnings, economic data and the resilience of household demand in the United States and Asia. That shift in mood helped lift US stock futures and underpinned broader gains from Tokyo to Mumbai.

Japan led the advance, with exporters and technology names benefiting from stronger risk appetite and the market’s belief that any easing in Middle East tensions could reduce pressure on fuel costs and shipping. The Nikkei’s record level also reflected investor confidence that large Japanese companies remain well placed to benefit from global demand for semiconductors, automation and artificial intelligence infrastructure. Elsewhere, South Korean and Hong Kong shares also moved higher, while mainland Chinese markets were supported by data showing the economy expanded by 5.0 per cent in the first quarter, beating expectations and offering some reassurance that domestic activity has retained momentum despite the geopolitical shock.

Wall Street’s lead mattered. The S&P 500 closed at 7,022.95 on Wednesday, a record that marked a full recovery from losses triggered after the conflict began in late February, while the Nasdaq posted another record finish and extended a powerful winning streak. Strong results from major banks, including Bank of America and Morgan Stanley, reinforced the idea that corporate America is entering the earnings season on firmer footing than many investors had feared when oil prices spiked and risk assets sold off. Reuters reported that 84 per cent of companies that had reported by then had beaten expectations, helping to steady nerves about margins and consumer activity.

The earnings story is now sharing the stage with geopolitics. Markets are effectively pricing a narrower range of negative outcomes than they were only weeks ago, but that optimism remains conditional. Oil prices, while off their most alarming levels, are still elevated by historical standards, and every diplomatic headline continues to carry outsized weight because the Strait of Hormuz remains central to global crude flows. Reports that Iran may allow shipping through the waterway helped calm traders, though supply risks have not disappeared, especially with refinery disruptions in Australia and the threat of fresh sanctions or military miscalculation still present.

That tension between relief and caution is visible across asset classes. The dollar was broadly steady, the euro stayed firm, gold edged up and cryptocurrencies drifted lower, all signs that investors have not fully abandoned hedges even as they add exposure to equities. In India, shares opened higher as lower oil prices and hopes of renewed dialogue supported all major sectors, with the Nifty 50 and Sensex building on gains from the previous session. For economies that import large volumes of energy, any sustained cooling in crude would ease inflation pressure, support currencies and give central banks more room to focus on domestic growth rather than external shocks.

Technology remains a central pillar of the market’s confidence. Taiwan Semiconductor Manufacturing Co. was in focus ahead of results that investors expected to show a sharp profit jump, driven by demand tied to artificial intelligence chips. That anticipation has fed into a broader belief that the AI investment cycle can continue to offset weakness elsewhere in the global economy. Yet the strength of that narrative also creates a vulnerability: richly valued technology shares leave little room for disappointment, and any sign of slowing orders or tighter capital spending could quickly change the market tone.

Arabian Post Staff -Dubai UAE investors are moving faster than their peers almost anywhere in the world to bring artificial intelligence into investment decision-making, with a new global study by wealth-tech firm BridgeWise placing the country second overall in its AI optimism rankings and first on “momentum”, a measure of how strongly investors intend to replace traditional research methods with AI tools over the next year. The […]

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HANOI, VIETNAM – Media OutReach Newswire – 15 April 2026 – VinUniversity (VinUni) has announced the launch of its Global Academic Recruitment Tour 2026, an initiative spanning 10 countries and designed to engage outstanding scholars across key academic centres worldwide. As part of this effort, the University introduces the VinUniversity Assistant Professorships (VAP), offering substantial research support of up to USD 1 million for early-career academics in selected fields.

VinUni is offering substantial research support of up to USD 1 million for early-career academics in selected fields.
VinUni is offering substantial research support of up to USD 1 million for early-career academics in selected fields.

The tour, taking place from April to August, will include visits to major academic hubs in the United Kingdom, the United States, Europe, Japan, South Korea and South East Asia. Through a series of academic exchanges, faculty dialogues, and participation in leading international conferences—including IEEE International Conference on Acoustics, Speech, and Signal Processing (IEEE); the Conference on Computer Vision and Pattern Recognition (CVPR), the International Conference on Machine Learning (ICML); The 17th Asian Conference on Arts & Humanities (ACAH); and The Annual Meeting of the Academy of Management (AOM). VinUni seeks to foster meaningful engagement with scholars working at the forefront of research, particularly in artificial intelligence and emerging technologies.

This initiative reflects VinUni’s evolving approach to academic recruitment, characterised by sustained international engagement and an emphasis on scholarly collaboration. The University aims to attract individuals of high academic distinction who are committed not only to advancing disciplinary knowledge, but also to contributing to the broader societal application of research.

Central to this effort is the VinUniversity Assistant Professorships (VAP), established to support exceptional early-career scholars. The programme provides a comprehensive academic environment, including significant research funding, access to dedicated laboratory space, and advanced research infrastructure. Scholars are further supported through institutional mechanisms for research development, grant acquisition, and academic administration.

In addition to internal resources, VAP appointees may pursue competitive funding opportunities through established national and international channels, including the Vingroup Innovation Foundation and the National Foundation for Science and Technology Development (NAFOSTED), thereby enabling the sustained growth and international visibility of their research programmes.

Professor Ling San, Senior Deputy President of VinUniversity, noted:
“The VinUniversity Assistant Professorships program is designed to attract exceptional early-career scholars who want to do more than follow traditional academic pathways. With up to $1M in research funding, dedicated lab support, and strong industry partnerships, VinUni provides the conditions for scholars—particularly in AI and emerging technologies—to move quickly from ideas to real-world impact.

What makes VinUni distinctive is the rare opportunity to help build a world-class university in a rapidly evolving economy. For many scholars, this is not just a career move, but a chance to shape the future of research and innovation in a new global hub.”

Established as Vietnam’s first private, not-for-profit university founded on international standards, VinUni has developed strategic partnerships with leading global institutions, including Cornell University, the University of Pennsylvania, and Nanyang Technological University (Singapore). These collaborations contribute to the University’s academic development and its integration within the international higher education landscape.

Supported by Vingroup, VinUni operates within a broader ecosystem that connects academic inquiry with industry and innovation. This environment offers faculty the opportunity to extend the reach of their research beyond the academy and engage with questions of practical and societal significance.

Through the Global Academic Recruitment Tour 2026, VinUni affirms its commitment to academic excellence and international engagement, and extends an invitation to scholars who seek to contribute to the advancement of knowledge within a dynamic and globally connected setting.

Hashtag: #VinUniversity

The issuer is solely responsible for the content of this announcement.

Saudi Arabia has pledged an additional $3 billion in support for Pakistan and agreed to extend a $5 billion deposit for a longer period, giving Islamabad fresh breathing space as it works to manage external financing pressures and a looming $3.5 billion repayment obligation to the United Arab Emirates this month. Pakistan’s finance minister, Muhammad Aurangzeb, disclosed the support in Washington, and the arrangement was confirmed by […]

Amazon has struck an $11.57 billion deal to buy Globalstar, a move that would give the technology group a sharper edge in satellite communications, deepen its rivalry with SpaceX’s Starlink and place it at the centre of the next phase of smartphone connectivity, including services tied to future iPhone and Apple Watch models. The proposed acquisition, announced on April 14, would fold Globalstar’s satellites, spectrum assets and […]

Arabian Post Staff -Dubai   Gold prices steadied on Wednesday after touching a one-month high earlier in the session, with traders weighing the pull of geopolitical risk against tentative signs that Washington and Tehran could return to the negotiating table within days. The metal’s pause came as broader markets turned cautious, reflecting uncertainty over whether diplomacy will gain traction or merely offer a brief respite in a […]

Reserve Bank officials have opened discussions with commercial lenders on how to attract larger and more stable deposits, as the banking system grapples with a widening mismatch between loan growth and deposit mobilisation. The push comes as households channel a bigger share of savings into equities and mutual funds, leaving banks under pressure to compete harder for retail money and rely more on costlier wholesale funding.

The backdrop is a funding strain that has become harder for lenders to ignore. Data cited in market reports show credit growth has continued to outpace deposit growth, with loans rising 14.5% year on year as of late February against deposit growth of 11.9%. By mid-March, the system credit-deposit ratio had climbed above 83%, a level analysts describe as historically stretched, underscoring how aggressively banks have had to deploy funds to sustain lending across retail, corporate and small business segments.

That imbalance is feeding directly into banks’ funding costs. Lenders have increasingly turned to certificates of deposit, a short-term market instrument used to raise money from institutional investors, because traditional deposit inflows have not kept pace with credit demand. Reuters reported that outstanding certificates of deposit had risen to a record 6.64 trillion rupees by February 28, while the premium banks were paying over comparable treasury bill yields had widened to levels last seen during the Covid-era funding stress of 2020.

Senior bankers have acknowledged the pressure. Indian Bank managing director and chief executive Binod Kumar told Reuters that some lenders had already raised fixed deposit rates, but that strong credit growth meant funding pressure was likely to persist. That suggests the central bank’s consultations are not merely precautionary; they reflect a structural concern inside the financial system over the quality and stability of bank liabilities, especially at a time when competition for household savings is no longer confined to rival banks.

A key reason lies outside the banking sector. The Economic Survey for 2025-26 said the share of equity and mutual funds in annual household financial savings had risen from about 2% in FY12 to more than 15.2% in FY25, a sharp reallocation that captures how retail investors are moving towards market-linked products. The same survey said individual investors’ share in equity ownership had reached 18.8% by September 2025, while household equity wealth had expanded by about 53 lakh crore rupees between April 2020 and September 2025.

That shift has continued into this year. Reuters reported that inflows into equity mutual funds rose 56% in March to 404.5 billion rupees, the highest in eight months, while monthly SIP contributions climbed to a record near 321 billion rupees. Data published by the Association of Mutual Funds in India separately showed total SIP collections of 32,087 crore rupees in March. Together, those figures point to a household investor base that remains willing to keep allocating money to market instruments even during volatile trading conditions.

For banks, the result is a more expensive contest for deposits. Lenders have already been raising term deposit rates in pockets of the market, particularly where they need to defend margins or maintain funding for loan books growing faster than system averages. Yet higher deposit rates carry their own cost, squeezing net interest margins at a time when analysts are already warning that wholesale funding dependence and tighter liability conditions could drag on profitability.

The RBI is trying to contain the wider liquidity effects while keeping monetary transmission orderly. In its April monetary policy communication, the central bank said it wanted the weighted average call rate, its operative rate, to stay close to the 5.25% repo rate. It indicated that maintaining liquidity surplus in a range of 0.6% to 1.1% of deposits would help keep the spread between the call rate and the policy rate within 5 to 10 basis points. Banking system liquidity surplus has already risen above 4 trillion rupees this month, giving lenders some immediate relief even as the deeper deposit challenge remains unresolved.

Arabian Post Staff -Dubai Global smartphone shipments fell in the first quarter, ending the run of growth that had followed the sector’s rebound from its 2023 downturn, as a squeeze in memory supply and higher component prices forced brands to trim volumes, raise prices and rethink launch plans. IDC said worldwide shipments declined 4.1 per cent in the January-March period, while Samsung and Apple were the only […]

VinoBuzz closed angel round at US$10M valuation, gained 1,000+ registered users in two weeks of beta, and redefines wine discovery with 10‑second matching, 1‑minute event planning, and hour‑delivery of over 4,000 wines.

HONG KONG SAR – Media OutReach Newswire – 15 April 2026 – VinoBuzz, the Hong Kong’s first AI‑agent and marketplace for wine, today announced it has raised an angel investment round at a US$10 million valuation. In just two weeks since its beta launch, the platform has already attracted over 1,000 registered users – a feat rarely seen in Hong Kong’s traditional, offline‑first wine industry. VinoBuzz is rapidly becoming the go‑to solution for busy professionals who demand speed, transparency, and personalization.

A technology revolution is sweeping Hong Kong. For food and dining, the city has Foodpanda and Keeta. For transportation, it has Uber. But for drinks – specifically wine – less than 10% of purchases are made online. The wine market remains one of the least digitized sectors in Hong Kong. VinoBuzz is changing that. As the leading tech platform for wine, the company is delivering a brand‑new experience built for the smart living era. Its tagline: “Drink Different.”

By combining AI agents with a unified multi‑merchant marketplace, VinoBuzz eliminates the three biggest pain points of wine buying: lack of knowledge, time-consuming, and opaque pricing. The platform offers three industry‑first features:

  • 10‑Second Wine Matching – Users simply tell the AI their taste, occasion, and budget. In 10 seconds, VinoBuzz recommends the perfect bottle – no wine knowledge required.
  • 1‑Minute Event Planning – For parties, corporate gatherings, or private dinners, input pax, theme, budget, and preferences. The AI instantly curates a complete beverage list and places the order.
  • Direct Wine Research (No Filter) – The fastest, smartest way to search any bottle available in Hong Kong. Users get unbiased, transparent information – no sales pressure, no hidden agenda.

“Hong Kong’s wine market is world‑class, but the buying experience has remained stuck in the last century – overwhelming, time‑consuming, and often intimidating,” said Zack Chen, CEO and Founder of VinoBuzz. “We built VinoBuzz to be the first true AI agent for wine: a personal sommelier that learns your taste, finds the perfect bottle in seconds, and delivers it within hours. This US$10 million valuation validates our vision and proves that the market is ready for a disruptor.”

VinoBuzz already lists over 4,000 unique wine SKUs from Hong Kong’s top importers and merchants, as one of Hong Kong’s top wine marketplaces. Orders are delivered via temperature‑controlled logistics as fast as 4 hours – making it one of the fastest and most convenient online wine purchasing options in the city. The platform’s rapid user acquisition, with 1,000+ registered users in only two weeks, expending its SKU to over 4000 wine bottles, signals a pent‑up demand for a modern, AI‑native wine marketplace in Hong Kong.

Hashtag: #VinoBuzz #AIwine #Technolgy



The issuer is solely responsible for the content of this announcement.

VinoBuzz Limited

It combines a conversational AI sommelier with a unified multi‑merchant checkout and fast, temperature‑controlled delivery, making wine discovery and purchasing effortless for everyone – from complete beginners to seasoned collectors.

SINGAPORE – Media OutReach Newswire – 15 April 2026 – The first 30 days of university can shape everything that follows, from academic confidence and friendships to a student’s overall sense of belonging. Recognising this pivotal transition, SIM Global Education (SIM GE) has introduced a “First 30 Days” guide designed to help new students settle in quickly, build strong habits, and make the most of their university experience from day one.

Starting university is an exciting milestone, but it also comes with new expectations, from independent learning to navigating a new social environment. With early access to academic support, peer networks and wellbeing resources, SIM GE aims to ensure that students do not have to navigate this transition alone.

A “First 30 Days” Guide for New Students

To help students hit the ground running, the guide focuses on four key pillars: administration, academics, community and wellbeing, offering a clear roadmap for a confident and well-rounded start to university life.

Getting setup from Day One

The first week is all about laying the groundwork. Students are encouraged to attend orientation, activate essential academic systems and familiarise themselves with campus resources that will support their journey ahead. For international students arriving in Singapore, SIM GE provides dedicated onboarding through its International Student Office (ISO). From pre-departure preparation and Student’s Pass guidance to accommodation support and buddy programmes, students are guided every step of the way. Welcome receptions and orientation activities also offer early opportunities to build connections, helping students feel at home even before classes begin.

Establishing academic habits early

As classes begin, students quickly discover that understanding expectations early can make all the difference. The guide encourages students to review module outlines, plan ahead for assessments and actively seek support when needed. SIM GE offers a range of academic resources, including workshops and consultations focused on writing, research, presentations and effective study strategies. These resources are designed not just to support learning, but to help students develop the confidence and skills needed to thrive in a university environment.

Finding community beyond the classroom

Unversity life extends far beyond lectures. In their first month, students are encouraged to explore co-curricular activities (CCAs), student clubs and peer networks that enrich their overall experience. Programmes such as student ambassador initiatives and peer mentoring provide valuable opportunities for students to learn from seniors, gain practical insights and form meaningful friendships. By getting involved early, students can build a strong sense of belonging and become part of a vibrant campus community.

Prioritising wellbeing during the transition

Adjusting to university life can be both exciting and challenging. Recognising this, SIM GE places strong emphasis on student wellbeing, providing access to counselling and wellness services that support mental health and personal development. These services help students manage academic pressures, build resilience and maintain balance, ensuring they are well equipped to navigate both the highs and challenges of university life.

Supporting students every step of the way

SIM Global Education believes that a strong start can make a lasting difference. By encouraging students to actively engage with academic resources, peer support and wellbeing services from the outset, the institution aims to create an environment where students can grow with confidence, both academically and personally.

References:

  1. SIM – International Students Onboarding – https://www.sim.edu.sg/degrees-diplomas/admissions/international-students-onboarding
  2. SIM Global Education – International Student Office – https://regional.simge.edu.sg/en/international-student-office/
  3. SIM GE – International student support and buddy programmes – https://regional.simge.edu.sg/en/navigating-the-transition-to-studying-abroad/
  4. SIM GE CCA – https://www.sim.edu.sg/degrees-diplomas/life-at-sim/co-curricular-activities
  5. SIM GE Student Ambassadors – https://www.sim.edu.sg/degrees-diplomas/life-at-sim/student-ambassadors
  6. SIM Student Care – https://www.sim.edu.sg/degrees-diplomas/life-at-sim/student-care

Hashtag: #SIMGlobalEducation #SIMGE #GlobalEducation #InternationalDegree #CareerReady #FutureSkills

The issuer is solely responsible for the content of this announcement.

About SIM Global Education

SIM Global Education (SIM GE) is a leading private education institution in Singapore and the region. We offer more than 140 academic programmes ranging from diplomas and graduate diploma programmes to bachelor’s and master’s degree programmes with some of the world’s most reputable universities from Australia, Canada, Europe, United Kingdom, and the United States. SIM GE’s cohort is made up of 17,000 full- and part-time students and adult learners, of which approximately 41% are international students hailing from over 50 countries.

SIM GE’s holistic learning approach and culturally diverse learning environment aim to equip students with knowledge, industry skills and employability competencies, as well as a global perspective to succeed as future leaders in a fast-changing, technologically driven world.

For more information on SIM Global Education, visit .

UAE authorities have rolled out a nationwide school nutrition guide that bans sugary drinks, fried foods, sweets, chocolate products, processed meats, tea and coffee across educational institutions, widening a health drive that officials say is aimed at improving children’s diets, sharpening concentration in class and cutting obesity. The framework applies across public, private, independent and vocational schools, as well as centres for People of Determination, and sets […]

China’s President Xi Jinping used talks in Beijing with Spain’s Prime Minister Pedro Sánchez on Tuesday to press for closer ties with Madrid, casting Spain as a useful partner at a time of what he described as a “crumbling” international order. The meeting placed Spain at the centre of China’s broader effort to keep channels open with Europe as trade frictions, security tensions and strategic rivalry with Washington continue to reshape diplomacy.

Sánchez, on his fourth trip to China in four years, arrived with a message that mixed engagement with caution. On the eve of meeting Xi, he told an audience at Tsinghua University that China should assume a larger role in tackling climate change, inequality, global health, responsible artificial intelligence and major conflicts, while also arguing that Europe must step up as the United States pulls back from several fronts. That language reflected Madrid’s attempt to deepen economic relations with Beijing without ignoring the strategic unease that still colours China’s ties with much of the West.

For Xi, Spain offers a politically valuable counterpart inside the European Union. Beijing has been looking for reliable European interlocutors as Brussels tries to defend industrial interests, scrutinise state-backed Chinese investment and manage disputes over electric vehicles and market access. Spain has often sounded less confrontational than some other European capitals. Sánchez has previously urged compromise over tariffs on Chinese-made electric vehicles and has continued to frame China as a strategic partner rather than only a rival. That posture does not place Madrid outside the EU mainstream, but it does make Spain one of the more open major economies for Chinese diplomacy.

Trade remains the hardest fact beneath the warmer language. Sánchez acknowledged in Beijing that China accounts for 74 per cent of Spain’s overall trade deficit, and Reuters reported that Spain’s deficit with China approached $50 billion in 2025 after more than doubling over four years. Madrid wants better access for agricultural and manufactured exports while preserving inward investment that could help its green transition and industrial base. Chinese capital has already been tied to projects in batteries, hydrogen and manufacturing in Spain, underlining why the government sees practical gains in staying engaged even as the imbalance in trade grows harder to ignore.

That commercial logic is colliding with a tougher geopolitical climate. Sánchez’s visit has drawn scrutiny because it comes as China seeks stronger European ties during a period of strain with Washington. Reuters reported before the trip that Sánchez’s independent line on China had already irritated U. S. President Donald Trump, while Spain also rejected sharp U. S. criticism of moves to expand trade with Beijing. Chinese officials, for their part, signalled before the visit that they wanted to use it to deepen strategic trust, cooperation and multilateral coordination. The result is a diplomatic balancing act in which Madrid is trying to protect its autonomy, retain access to both superpowers and avoid being forced into a binary choice.

The political symbolism runs beyond bilateral ties. Sánchez’s stop in Beijing follows a succession of other European leaders visiting China this year, suggesting that even governments wary of Beijing’s security posture and industrial policies still see a need for direct dialogue. China is encouraging that trend, presenting stable relations with Europe as proof that it is not isolated despite mounting tension elsewhere. Spain’s government has echoed part of that argument, with Sánchez saying in Beijing that Europe and China had prospered together before and could do so again. That sentiment fits neatly with Xi’s effort to frame China as a pillar of order against a backdrop of war, protectionism and institutional drift.

Michael Saylor’s Strategy has expanded its Bitcoin stockpile by another $1 billion, buying 13,927 coins between April 6 and April 12 and taking its total holdings to 780,897 Bitcoin, according to a filing lodged on April 13. The latest purchase was made at an average price of $71,902 per coin, while the company’s average cost across its entire treasury now stands at $75,577. Bitcoin treasury push gathers […]

Arabian Post Staff -Dubai Global bond markets fell on Monday as the collapse of US-Iran peace talks shifted investor attention away from hopes of de-escalation and back towards a harsher inflation outlook, with oil above $100 a barrel reinforcing bets that central banks will keep borrowing costs elevated for longer. Government bond yields moved higher across major markets as traders reassessed how persistent energy-driven price pressure could […]

Arabian Post Staff -Dubai AD Ports Group is accelerating its effort to turn itself from a Gulf port operator into a broader trade and logistics network, using expansion in Egypt, Africa, Pakistan and the Mediterranean to win a larger role in global supply chains as companies seek more resilient routes and integrated cargo services. For the Abu Dhabi-based group, 2025 marked another year of record financial growth. […]

OpenAI has accused Elon Musk of staging a last-minute legal manoeuvre ahead of a jury trial due to begin on 27 April in Oakland, California, deepening a dispute that has grown from a fight over the company’s founding ideals into one of the most consequential courtroom battles in artificial intelligence. The latest exchange came after Musk amended his claims against OpenAI and Microsoft, widening the remedies he […]

Pavel Durov, the Telegram founder, has escalated a public attack on WhatsApp, calling its claim of “end-to-end encryption by default” a “giant consumer fraud” and arguing that most private messages still become exposed through cloud backups. The charge, amplified on X amid a fresh US class action dispute over WhatsApp’s privacy promises, has reopened a wider argument about what encrypted messaging apps actually protect, what they leave […]

Arabian Post Staff -Dubai Qatar Islamic Bank has been named Qatar’s best private bank at the Euromoney Private Banking Awards 2026, handing the lender a prominent endorsement in a market where domestic banks and international wealth managers are competing more aggressively for high-net-worth clients seeking personalised advice, Shari’a-compliant products and stronger digital access. Euromoney’s national winners list for Qatar names QIB as the country’s best private bank […]

A frantic hunt for oil cargoes that can be delivered at once has tightened the global crude market, even as headline prices have swung with every turn in the fragile ceasefire around Iran and the Strait of Hormuz. Behind the moves in futures, traders, refiners and state buyers have been competing for physical barrels from the North Sea, West Africa, the United States and anywhere else supplies […]

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