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Mostafa, Marshall and Duffield Forge Abu Dhabi Action Film Hub

Abu Dhabi will become the base for a new production venture aiming to create large-scale action films, as Emirati actor-producer Mohamed F. Mostafa joins forces with British filmmakers Neil Marshall and Jadey Duffield.

The trio plan to produce under the UK company Art of Action, with two projects already in development: Marshall’s Skeleton Coast, a desert survival thriller, and Duffield’s Blackout, described as a whodunnit in the style of Knives Out crossed with The Raid. Mostafa is establishing a production company in Abu Dhabi to ensure that Emirati talent is deeply involved both in front of and behind the camera.

Abu Dhabi’s film incentive scheme is a cornerstone of the plan. Productions can receive up to 50% cashback on qualifying spend, provided they meet criteria including hiring local cast and crew and investing in local infrastructure. This enhanced rebate framework is intended to attract big-budget shoots while developing the skills of the domestic film workforce.

Marshall, known for directing episodes of Game of Thrones such as “Blackwater” and “The Watchers on the Wall”, described action as a genre with worldwide appeal. He and Duffield emphasise that their films will draw on regional fighting styles and action choreography seldom seen in global cinema, aiming to push what local crews can do alongside their work.

Mostafa said the timing is opportune, asserting that the Emirati entertainment sector has abundant talent that has so far lacked full exposure. He hopes this partnership will showcase that local crews and performers can deliver action content with international production values.

Abu Dhabi has over time hosted major international productions including Dune, Mission: Impossible, and Star Wars-related work. But Mostafa, Marshall and Duffield see potential beyond serving as a filming location: their goal is to make Abu Dhabi a creative base for action filmmaking with staying power.

Duffield emphasises translating external expertise into local growth, especially in areas like stunt and action design, with “knowledge transfer” baked into the structure of their planned films. The idea is not merely to import crews but to train and promote domestic specialists.

Trump sues New York Times for $15 Billion over defamation claims

Donald Trump has filed a $15 billion defamation and libel lawsuit against The New York Times, four of its journalists, and Penguin Random House, alleging that a pattern of false reporting and published material has severely damaged his reputation and business interests. The suit, lodged in the U. S. District Court for the Middle District of Florida, identifies articles and a book written by Times reporters Susanne […]

Lenovo Hong Kong and Cyberport Form Strategic Partnership; Empowering Hong Kong Startups to Go Global

HONG KONG SAR – Media OutReach Newswire – 16 September 2025 – Lenovo Hong Kong today announced the official signing of a Memorandum of Understanding (MoU) with Cyberport, marking a significant step forward in promoting Hong Kong’s innovation and technology development and fostering startup growth. This collaboration will fully integrate Lenovo’s leading advantages in the global technology sector with Cyberport’s rich experience in nurturing an innovation and […]

US-Qatar poised to seal upgraded defence pact amid Doha strike fallout

Washington and Doha are on the verge of agreeing a substantially upgraded defence cooperation treaty following an Israeli airstrike in Doha targeting Hamas leaders, sources say. The move signals a deepening strategic alignment as tensions in the region intensify. US diplomat Marco Rubio confirmed that both countries are “nearing finalisation” of an agreement that would strengthen joint military planning, basing, intelligence sharing and oversight of operations on […]

Australia Allows Flexibility as Age-Checks Prove Imperfect for Under-16 Social Media Ban

Australian legislation banning under-16s from holding social media accounts will permit platforms to make some errors when checking age, government and watchdog officials have clarified, as new trials show limits in technology and equity in age verification. The law, passed in November 2024, comes into force on 10 December 2025, obliging “age-restricted social media platforms” to take “reasonable steps” to stop users under 16 from creating or […]

DL Holdings Partners with a Leading Bitcoin Miner to Build Hong Kong’s “First Bitcoin Hashrate Stock”

HONG KONG SAR – Media OutReach Newswire – 16 September 2025 – After trading hours on 15 September 2025, DL Holdings Group Limited (HKEX: 1709) announced a major strategic cooperation with Fortune Peak Limited. DL Holdings will acquire the latest-generation, top-efficiency Bitcoin mining machines via the issuance of Convertible Bonds, fully entering the Bitcoin mining sector with the aim of becoming the Hong Kong capital market’s leader […]

East Side’s Freedom Plaza Pushes Ahead As Manhattan Casino Contender

The Freedom Plaza proposal, led by Soloviev Group in partnership with Mohegan, is positioning itself as a front‐runner among eight competing bids for one of New York State’s three downstate casino licences. The plan would redevelop a 6.3‐acre site between East 38th and 41st Streets east of First Avenue into a mixed‐use complex featuring affordable housing, nearly five acres of public parkland and a subterranean casino. Set […]

The good, the bad, the ugly and the fugly in emerging markets now!

Matein Khalid I go into purdah for Wednesday’s FOMC D-Day secure in the knowledge, based on CME futures probability that the most important central bank in the world will cut its overnight borrowing policy rate by at least 25 basis points on Wednesday. Yet there are also “known unknowns” with the Fed’s decision that will haunt and reshape the financial markets as well as America’s toxic politics […]

Why investors should care about Trump’s bid to reshape the Fed

The Federal Reserve sets the price of money for the world’s largest economy, but the battle now unfolding in Washington is about far more than the next rate decision. President Donald Trump and his economic advisors are pushing to narrow the central bank’s mission and pull it closer to the White House. For international investors, this is not a distant Beltway turf fight. It’s a direct threat […]

MINT Incorporation Limited Announces the Launch of New Subsidiary, Axonex Intelligence Limited, Expanding into Smart Facility Management Solutions

HONG KONG SAR – Media OutReach Newswire – 15 September 2025 – MINT Incorporation Limited (NASDAQ: MIMI) (“MINT” or the “Company”), a leading Hong Kong-based provider of integrated interior design and fit out works, today announced the official launch of its wholly owned subsidiary, Axonex Intelligence Limited (“Axonex”), a company incorporated with limited liability under the laws of Hong Kong, marking MINT’s expansion into the technology realm […]

Services trade surges as China embraces smart technologies, openness

BEIJING, CHINA – Media OutReach Newswire – 15 September 2025 – In Shougang Park, a former ironworks site in western Beijing, new technologies from AI to cloud computing and green innovation are on display amid the rusty blast furnaces and steel relics. The 2025 China International Fair for Trade in Services (CIFTIS), featuring digital innovation and intelligent technologies, is underway in the park, gathering nearly 2,000 enterprises, […]

Gold Soars Past Four-Month Peak as Fed Cut Expectations Grow

Gold surged past levels not seen in over four months after growing confidence that the Federal Reserve will cut interest rates this month boosted demand for bullion, while silver climbed above $40 per ounce for the first time in over a decade.

Spot gold rose around 0.9% to roughly US$3,486.86 per ounce, reaching highs last marked in late April. US gold futures for December delivery also advanced, riding momentum from dovish comments by San Francisco Fed President Mary Daly and a U. S. appeals court decision that struck down most of former President Trump’s tariffs, which weighed on the dollar. Silver jumped about 2.2%, to near US$40.56, its best since September 2011. Other precious metals followed: platinum added 1.5% and palladium rose around 0.8%.

Investors have been digesting a weakening US dollar, cautious labour market indicators, and signals from policymakers suggesting the Fed could lower rates by 25 basis points. Some traders contemplate a larger cut, although forecasts remain varied. Demand for gold as a hedge has been reinforced by geopolitical uncertainty and concerns around the independence of central banking.

Analysts at ANZ and UBS have revised their forecasts for gold upward. ANZ now expects gold to average about US$3,800 per ounce by year-end, with upside toward US$4,000 by mid-2026. UBS similarly raised its year-end target, citing robust central bank buying, persistent inflation pressures, and the likelihood of further policy easing.

Silver’s rally, driven by industrial demand and tight supply, outpaces gold in percentage gains. ETF inflows have also favoured silver, reflecting investor appetite for high-beta exposure in the precious metals space.

OPEC Pledges Enduring Role as Anchor in Global Oil Landscape

Haitham Al Ghais, Secretary General of the Organization of the Petroleum Exporting Countries, has affirmed that OPEC will remain a pillar of market stability and a critical voice for oil’s role in the world for decades. Delivered to coincide with OPEC’s 65th anniversary, his remarks emphasised the organisation’s long‐standing mission and future direction.

OPEC projects oil demand to reach around 123 million barrels per day by 2050, driven by economic expansion and growing populations. Al Ghais warned that predictions of a near-term decline in relevance or “peak oil” should be viewed with scepticism in light of long‐term demand forecasts and OPEC’s historical resilience.

He noted that oil remains indispensable across many spheres of daily life: transportation, construction, food production and healthcare. Oils and petroleum derivatives, he said, are foundational not just for consumers but for societal and economic prosperity more broadly. Without them, critical infrastructure and supply chains could be severely disrupted.

Al Ghais described OPEC’s foundation in 1960 as a unifying vision for oil-producing nations, asserting sovereign control over production, supporting regular supply to consuming nations, and ensuring a fair return for investors. He reflected on the group’s evolution, including its expansion and the formation of the OPEC+ framework in 2016, which he said strengthened its ability to respond to global shocks such as those caused by the COVID-19 pandemic.

The 65-year mark, he argued, is not simply an anniversary but a reaffirmation of core objectives: balancing producer and consumer interests; dialogue and cooperation with non-OPEC producers; and emphasizing a holistic, multi-technology approach to energy security and poverty alleviation in developing regions.

He also stressed that energy security is “inconceivable without oil,” especially for societies coping with energy poverty. For OPEC, the challenge ahead involves ensuring that growth in demand is met “in a sustainable way” that incorporates environmental, social and economic considerations, while keeping market stabilisation efforts front and centre.

Poland Authorises NATO Troops Under “Eastern Sentinel” Operation

Poland’s President Karol Nawrocki has approved the deployment of NATO forces on Polish territory as part of Operation Eastern Sentinel, authorising foreign allied units to bolster national defences. The approval came through a decree issued by the National Security Bureau, granting permission for allied troops from other NATO member states to be stationed in Poland. The decree is classified, and precise details—such as numbers, locations, or which […]

China Telecom Global Showcases at the 10th Belt and Road Summit, Paving the Way for a Smarter Silk Road Future

HONG KONG SAR – Media OutReach Newswire – 13 September 2025 – The 10th Belt and Road Summit was successfully held at the Hong Kong Convention and Exhibition Centre from September 10 to 11, 2025. China Telecom Global Limited (hereinafter referred to as “China Telecom Global”) made a strong appearance under the theme “Empowering the New Silk Road via AI for Good.” The company spotlighted three key […]

Prime Minister Narendra Modi’s Neighbourhood First Slogan Has Failed In Last Five Years

Doctors’ Warning Strike Shuts Hospitals Across Nigeria

Frontline medical residents in Nigeria launched a five-day warning strike on Friday, demanding unpaid allowances, salary arrears and better welfare. The strike, ordered by the National Association of Resident Doctors, is a response to what the doctors call government inaction on long-standing financial and professional concerns. NARD Secretary-General Dr. Oluwasola Odunbaku confirmed that work stopped at 8 a. m. across federal and state hospitals. The association insists […]

Binghatti Holding Moves to Launch UAE IPO Amid Real Estate Surge

Binghatti Holding Ltd, a Dubai-based developer, has initiated steps toward an initial public offering in the United Arab Emirates, as it looks to harness momentum from a strong real estate market climb. The company is in discussions with banks to assist in going public, according to persons with knowledge of the matter who spoke under condition of anonymity. A spokesperson declined to comment, calling the IPO talk “market rumour and speculation.”

Earnings performance is underpinning the move. For the first half of 2025, Binghatti reported a net profit of AED 1.82 billion, up 172 percent year-on-year. Total sales rose 60 percent to AED 8.8 billion, while revenue jumped about 189 percent to AED 6.3 billion. These figures reflect strong demand for its residential offerings.

Non-resident buyers are accounting for a growing share of Binghatti’s business, with about 61 percent of sales in H1 2025 coming from outside the UAE. That shift underscores Dubai’s continued appeal to international investors.

This potential IPO follows recent capital market activity by Binghatti. It issued a USD 500 million Sukuk under its USD 1.5 billion Trust Certificate Issuance Programme; the offering was oversubscribed by five times, with orders exceeding USD 2.5 billion from regional and global investors.

In June, Binghatti launched an asset management arm, Binghatti Capital, based in Dubai International Financial Centre and regulated by the DFSA. The new entity is targeting roughly USD 1 billion in assets under management, focused on Sharia-compliant real estate investment and private credit strategies.

Several analysts view the IPO bid as a strategic move to broaden funding sources beyond debt and sukuk, enable more institutional investment in the company, and leverage its rising profile. Real estate analysts note that the surge in demand—both domestic and foreign—is creating a favourable window for property players to tap equity markets. Oversupply concerns persist in some segments of Dubai’s housing market, but differentiated developers like Binghatti, known for branded luxury residences and fast construction delivery, appear well positioned.

ASF Embraces Oak Leaf Logo to Reflect Growth and Inclusion

The Apache Software Foundation has introduced a redesigned brand identity, replacing its long-standing feather motif with a new oak leaf logo and shifting emphasis toward the shorthand “The ASF”, while retaining its full legal name. The oak leaf has been selected to represent resilience, endurance and the collaborative nature of the open source community that the Foundation supports. The symbolism draws on the imagery of a mature […]

COOFANDY, EKOUAER, and Zeagoo Announce Participation in Oktoberfest 2025 with Joint Pop-Up Event at Substanz Club

MUNICH, GERMANY – Media OutReach Newswire – 13 September 2025 – COOFANDY, EKOUAER, and Zeagoo are excited to announce their participation in the 2025 Munich Oktoberfest, alongside a special offline pop-up event in partnership with Substanz Club, one of the city’s most iconic music bars. The event will take place from September 20 to 22 at Substanz Club, located just 700 meters from the main festival grounds. […]

Digital Entertainment Leadership Forum 2025 Kicks Off Today

AI-Driven Innovation Unlocks the Missing Piece in Digital Entertainment HONG KONG SAR – Media OutReach Newswire – 12 September 2025 – The Digital Entertainment Leadership Forum 2025 (DELF 2025), Cyberport’s annual flagship event, officially kicked off today. Under the theme “Adventure Island: Unlock Innovation with The Missing Piece”, the three-day event (12–14 September) welcomes industry professionals and the public to immerse themselves in a carnival-style programme. Highlights […]

FirstRand Delivers 10% Earnings Gain Despite UK Motor Finance Provision

South African bank FirstRand has reported a 10 percent increase in full-year net income, reaching 41.82 billion rand for the fiscal year ended 30 June, despite absorbing a 2.7 billion rand pre-tax provision tied to a UK motor finance claim. The provision stems from fallout over a UK Supreme Court ruling and proposed redress scheme by Britain’s Financial Conduct Authority, aimed at motorists who allege they were […]

Africa Pledges $50 Billion Per Year to Power Climate Solutions

Greenlogue/AP African leaders have set a target of mobilising US$50 billion annually to fund a new continental climate solutions initiative unveiled at the second Africa Climate Summit in Addis Ababa. The initiative, led by Prime Minister Abiy Ahmed of Ethiopia, aims to deliver 1,000 climate innovations by 2030 through mechanisms such as the Africa Climate Innovation Compact and the African Climate Facility. The funding goal forms part […]

KPLASS Recognised at Osaka World Expo 2025 for Breakthrough Far-Infrared Cough Relief Patch

Develops Far-Infrared patches supporting natural and non-invasive wellness. KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 12 September 2025 – KPLASS, a manufacturer and brand of Far Infrared Technology patches, has received several awards at the Osaka World Expo 2025 namely the “Special Honour Product”, “Innovative Product Award”, “Distinguished Manufacturer Award” and “Outstanding Contribution Award”. Its Far Infrared Cough Relief Patch is available to consumers across Southeast […]