AfricAI has secured exclusive continental rights from Micropolis Robotics to commercialise and deploy advanced autonomous robotics platforms across Africa, under a multi-year agreement that industry analysts describe as a pivotal development for robotics infrastructure on the continent. The deal prohibits Micropolis from direct sales or appointing alternative distributors in the territory, establishing AfricAI as the central execution, localisation and go-to-market partner for Micropolis’s robotics systems across industrial, […]
Emirates NBD, Dubai’s largest bank by assets, posted a four per cent rise in full-year net profit on Monday, underpinned by record lending growth as borrowing demand strengthened across domestic and international markets. The lender said net profit reached 24 billion dirhams for the year, surpassing market expectations of about 22.8 billion dirhams based on analyst estimates tracked by LSEG. The performance was driven by what the […]
HANOI, VIETNAM & TEL AVIV, ISRAEL – Media OutReach Newswire – 27 January 2026 – VinFast and Autobrains, a leading AI innovator in the automotive industry, today announced a strategic partnership on developing autonomous driving technology L2++ and a new autonomous vehicle architecture capable of transforming virtually any car into a self-driving “robo-car.” The collaboration underscores its growing technological strength and reinforces the commitment to advancing autonomous solutions that deliver cutting-edge yet accessible vehicle technology for people everywhere.
The strategic collaboration focuses on the research and development of enhanced L2++ autonomous driving technologies for future VinFast electric vehicles.
The strategic collaboration focuses on the research and development of enhanced L2++ autonomous driving technologies for future VinFast electric vehicles. VinFast’s current EV passenger lineup is equipped with Level 2 driving assistance features, and the upgraded L2++ system is already undergoing pilot testing on the VF 8 and VF 9 models. This partnership establishes a strong foundation for VinFast to progressively integrate more advanced autonomous capabilities across its full product portfolio, underscoring the company’s commitment to delivering safer, smarter, and more intuitive mobility experiences for customers worldwide.
In addition, the partnership will explore and develop the “Robo-Car” system — a first-of-its-kind AI architecture that eliminates the need for costly LiDAR, radar arrays, or HD maps. Instead, the system leverages seven standard cameras and a compact, high-performance computing chip capable of processing approximately 20 trillion operations per second, enabling advanced autonomous functionality at a fraction of the cost and complexity of traditional systems.
The Robo-Car system is powered by Autobrains’ Agentic AI architecture, which adapts to real-time driving scenarios with humanlike precision while minimizing computational demand and removing the need for costly hardware. Combined with Autobrains’ Air-to-Road localization, a camera-based mapping technology that fuses real-time visual data with satellite imagery to eliminate HD map dependence, this foundation enables a scalable and affordable Level 4 autonomous solution for both emerging and advanced markets. VinFast and Autobrains are now testing the Robo-Car in controlled zones in Hanoi, with plans to expand trials to larger cities and international markets.
Prof.-Dr. Nguyen Van Duong, Global Deputy CEO of VinFast and Director of ADAS/AD Research Institute, said:”VinFast’s strategic partnership with Autobrains is helping shape a disruptive approach to affordable autonomous driving that fits our long-term vision for global mobility. We aim to move advanced driving technology from early adopters to everyday drivers. VinFast is committed to making autonomous mobility safe, affordable, and available to all.”
Mr. Igal Raichelgauz, CEO of Autobrains, said: “The Robo-Carwe’re developing with VinFast is performing autonomous driving in real traffic with confidence and precision. It marks meaningful progress toward a future where drivers everywhere can enjoy safety, comfort, and freedom through autonomy. It also reflects our shared mission of making advanced autonomous capability accessible to everyone.”
VinFast is accelerating its global growth by expanding production capacity, broadening its product portfolio, and strengthening its presence in key international markets. The company continues to build momentum by working with leading local and international partners to integrate advanced technologies, enhance service quality, and elevate the overall vehicle experience. These collaborations allow VinFast to combine global expertise with its own rapid innovation, supporting the company’s mission to deliver high-quality, intelligent, and accessible electric vehicles to customers worldwide.
Hashtag: #VinFast
The issuer is solely responsible for the content of this announcement.
About VinFast
VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure-play electric vehicle (“EV”) manufacturer with the mission of making EVs accessible to everyone. VinFast’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses.
VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe, the Middle East and Asia.
Autobrains is a leading AI company in the automotive industry. The company developed a paradigm-shifting AI technology called Agentic AI, backed by more than 300 patents addressing core autonomous driving challenges. Autobrains’ solutions for ADAS and autonomous driving offer advanced perception capability, low compute requirements, and sensor and SoC flexibility. The company is supported by strategic investors including Temasek, Knorr-Bremse AG, BMW i Ventures, Toyota Ventures, VinFast, Continental AG, and Autel.
Arabian Post Staff -Dubai Kuwait has cancelled nine upstream oil tenders with a combined value approaching $10 billion after bids submitted by overseas contractors exceeded the approved budget by a wide margin, signalling a pause in the country’s near-term expansion plans and a reset of procurement expectations across the energy sector. The tenders were issued by the state-owned Kuwait Oil Company, the upstream investment arm tasked with […]
Bringing together local and overseas innovation talents and leaders to deepen cross-border, cross-campus collaboration
HONG KONG SAR – Media OutReach Newswire – 27 January 2026 – Hong Kong Science and Technology Parks Corporation (HKSTP), together with 15 local tertiary institutions, marked a major milestone as Hong Kong Techathon+, the city’s largest international intercollegiate innovation and technology (I&T) annual event, celebrated its 10th anniversary. The Hong Kong Techathon+ Finale was successfully held recently (on 24 January) at Hong Kong Science Park. The team “Cresento” from The Hong Kong University of Science and Technology won the Gold Award in the category of Trusted AI and Data Science under the Local Track (Open Group) as well as the Best Presentation Award voted by the audience.
The 10th anniversary finale of Hong Kong Techathon+, co-organised by HKSTP and 15 local tertiary institutions, took place at Hong Kong Science Park, bringing together representatives from local and overseas institutions, industry partners, and innovation teams to mark this milestone.
In parallel, the Global University Innovation Network (GUIN), jointly established by HKSTP and its 15 local tertiary institution partners, convened its inaugural forum on 23 January. The forum brought together GUIN member representatives and academic I&T leaders for in-depth exchanges on innovation and entrepreneurship ecosystem development, further strengthening Hong Kong’s position as an international I&T and talent hub.
Hong Kong Techathon+ is co-organised by HKSTP and 15 local tertiary institutions, including: City University of Hong Kong, Hong Kong Baptist University, Hong Kong Metropolitan University, Hong Kong Shue Yan University, Lingnan University, The Chinese University of Hong Kong, The Education University of Hong Kong, The Hang Seng University of Hong Kong, The Hong Kong Polytechnic University, The Hong Kong University of Science and Technology, The University of Hong Kong, Tung Wah College; and three institutions under the Vocational Training Council – The Technological and Higher Education Institute of Hong Kong, Hong Kong Institute of Vocational Education, and Hong Kong Institute of Information Technology.
Record-high International Participation Highlights Hong Kong’s Role as a Hub for Talent, Markets and Opportunity
This year’s Techathon+ attracted enthusiastic participation from both local and overseas universities, Approximately 1,900 participants formed over 470 teams. Notably, 215 overseas teams joined, underscoring the event’s growing international appeal.
Following rigorous selection, 172 teams advanced to the finale, including 122 local teams and 50 overseas teams from Australia, Brazil, Chinese Mainland, Japan, Kazakhstan, Malaysia, Portugal, Singapore, the Republic of Korea, Taiwan, the UK, and the US. Kazakhstan, Japan, Korea and the UK participated for the first time through their university representatives, further demonstrating Techathon+’s reach as an international platform for I&T exchange.
A Decade of Growth: From a Local Challenge to One of Asia’s Major Inter-University I&T Platforms
HKSTP Chief Executive Officer Mr Terry Wong said: “Since its launch in 2015, Hong Kong Techathon+ has grown from a local challenge to one of Asia’s largest intercollegiate I&T events — driving creativity and collaboration while creating international impact. Techathon+ brings together outstanding young talents across tertiary institutions, turning ideas into innovative solutions that respond to societal needs and carry strong potential for real-world application. The platform has expanded the global pipeline of innovators and entrepreneurs, reinforcing Hong Kong’s role as a hub connecting talents, markets, and opportunities, and writing the next chapter of Hong Kong’s I&T story.”
Beyond a Competition: A Comprehensive “Soft-landing” platform for Entrepreneurship
Hong Kong Techathon+ is more than a university innovation competition. Over the past decade, the platform has engaged over 9,000 participants, nurturing innovative talents and supporting the growth of startups.
Non-local teams also participated in a four-day immersive programme, featuring I&T ecosystem seminars, mentorship, investor matching, visits at Hong Kong Science Park, and tours to Chinese Mainland I&T bases, helping participants explore market expansion opportunities across the Greater Bay Area.
HKSTP also invites selected high-potential finalist teams and winners to join its Ideation Programme, offering up to HK$100,000 in seed funding (along with support aligned with participating universities’ startup programmes), free co-working spaces, access to advanced technology resources and professional mentorship. Through HKSTP’s incubation and industry networks, teams are supported from prototype development to sustainable startups operations – scaling progressively and building international impact.
Amazon Web Services (AWS) is the exclusive Technology Enabler for the 10th Edition of Hong Kong Techathon+, providing participating startups with access to leading cloud and artificial intelligence technologies and platforms. Through this collaboration, AWS offered competing teams technology resources in generative AI and machine learning, professional technical support, and workshop to accelerate innovation and drive Hong Kong’s development as an international I&T hub.
Inaugural GUIN Forum: Deepening Global University Innovation Collaboration
The first Global University Innovation Network (GUIN) Forum was successfully held on 23 January at Hong Kong Science Park, bringing together GUIN member institution representatives and I&T experts. The forum focused on three key areas:
Exploring strategies for university-industry technology transfer collaboration to achieve win-win innovation outcomes
Examining the Greater Bay Area as a hub for international innovation collaboration, including opportunities for research commercialisation and cross-border partnership, and
Strengthening global collaboration networks through actionable pathways.
Speakers included Dr Tony Raven, former CEO of Cambridge Enterprise; Professor Poh Kam Wong, Emeritus Professor at National University of Singapore; and Dr Alwin Wong, Chair of the Association of Technology Transfer Professionals (ATTP), among others.
Co-founded last year by HKSTP and 15 local tertiary institution partners with support from multiple overseas institutions and partners, GUIN aims to bring together leading minds to advance international collaboration in innovation and entrepreneurship, reinforcing Hong Kong’s role as a global talent and innovation hub.
In his welcome address at the forum, Mr Terry Wong, Chief Executive Officer of HKSTP remarked: “We are building GUIN into a ‘global platform for innovation exchange and incubation’ — sharing knowledge, co-creating initiatives, and connecting startups with campus incubation resources and markets worldwide to turn concepts into tangible outcomes.”
Since last summer, HKSTP and university partners have launched the Theme-based Global Incubation Programmes under GUIN with three initiatives currently underway focusing on dentistry, visual technology, and the circular economy. The inaugural ” Global Hub for Future Dentistry” programme has attracted 40 top applicants worldwide. Additional thematic incubation programmes are in preparation, and GUIN members and partner organisations are welcomed to co-develop this expanding international collaboration.
The 10th Edition of Hong Kong Techathon+ Partial Awards List:
Local Track (Student Group)
Technology Theme
Award
Winning Team
Project Brief
Trusted AI & Data Science
Gold
SpeakRight
An AI‑powered voice‑changing solution designed to demonstrate and enhance speech training applications.
Sustainability & ESG
Gold
Hydroforge Tech
Development of cost‑efficient AEM electrolysis systems using a binder‑free, self‑growing electrode technology to enable scalable green hydrogen production.
Life Science & Healthcare
Gold
Nanos
A tech‑driven Contract Development & Manufacturing Organisation (CDMO) platform that rescues undeliverable drug candidates through proprietary drug‑carrier optimisation, targeting breakthrough therapies including Alzheimer’s.
Digital Economy & Smart City
Gold
Smart Mall Wayfinding with AI Paedestrian Dead Reckoning Technology
An AI-powered Pedestrian Dead Reckoning (PDR) solution – an infrastructure‑light indoor navigation that delivers accurate mall wayfinding using AI‑powered pedestrian dead‑reckoning with minimal deployment cost.
Tech FYP Group
Gold
OmniWatch AI – A Scalable, Multi-Model AI Proctoring Engine and Invigilator Dashboard
A privacy‑preserving, multi‑modal AI platform for onsite digital exam proctoring that detects suspicious behaviours in real time and enables scalable, non‑intrusive invigilation.
Local Track (Open Group)
Technology Theme
Award
Winning Team
Project Brief
Trusted AI & Data Science
Gold
Cresento*
A Hong Kong–based sports technology startup developing AI‑powered smart shin guard solution, delivering actionable performance insights for safer, smarter football training.
Sustainability & ESG
Gold
Off-Grid AEM Hydrogen Production Driven by Fluctuating Renewable Energy
A modular off‑grid AEM electrolysis system designed for stable hydrogen production from fluctuating renewable energy sources.
Life Science & Healthcare
Gold
Illuminatio Medical Technology
A medical imaging startup developing non‑invasive diagnostics to improve the assessment of chronic liver disease (CLD).
Digital Economy & Smart City
Gold
MicroLink
A micro‑LED‑based optical interconnect technology enabling faster, more energy‑efficient data transfer for next‑generation AI data centres.
Global Track
Technology Theme
Award
Winning Team
Project Brief
Life Science & Healthcare
Gold
Cancer Immunotherapy
A next‑generation cancer immunotherapy programme developing novel PD‑1 combination treatments to improve outcomes for solid tumours.
Non-Life Science & Healthcare
Gold
ROTOBOOST
ROTOBOOST develops Thermo‑Catalytic Decomposition (TCD) technology to produce low‑cost, low‑carbon hydrogen from diverse hydrocarbon feedstocks, enabling efficient pre‑combustion carbon removal at industrial scale.
*Winner of Best Presentation Award voted by the audience.
Hashtag: #HKSTP
The issuer is solely responsible for the content of this announcement.
Comments from Chris Pratt have reignited discussion around the direction of Nintendo and Illumination’s next animated Mario feature, with the actor suggesting that the follow-up to The Super Mario Bros. Movie will broaden its character roster and explore corners of the franchise that were only lightly touched in the first film. Pratt, who voices Mario, has spoken in promotional interviews for other projects about returning to the […]
Traffic across key commercial corridors in Dubai has slowed markedly as Gulfood 2026 opens its doors, prompting authorities to issue travel advisories and urging commuters to plan additional time for journeys near major exhibition hubs. The scale of the food and beverage show, running from January 26 to 30, has brought an exceptional influx of visitors, exhibitors and logistics traffic into the city during a working week […]
Arabian Post Staff -Dubai Casagrand has begun construction of Casagrand Hermina at Dubai Islands, signalling the Chennai-headquartered developer’s formal entry into the emirate’s premium waterfront housing market and marking a strategic expansion beyond South Asia. The ground-breaking ceremony, held at the project site, brings Casagrand’s development playbook to one of Dubai’s most closely watched island clusters, where large-scale regeneration plans are reshaping the northern coastline. Casagrand Hermina […]
Arabian Post Staff -Dubai The United Arab Emirates is set to make its first appearance at the Winter Olympic Games, marking a significant expansion of the country’s sporting footprint beyond its traditional strengths in summer and indoor disciplines. The UAE has qualified to compete at the Milano Cortina 2026 Winter Olympics, scheduled for February 2026 in Italy, becoming the first Gulf nation to debut at the Winter […]
Harare’s local authorities have escalated flood warnings and emergency preparations across the capital following prolonged heavy rainfall that has overwhelmed drainage infrastructure and triggered flash floods in multiple low-lying suburbs. Officials have urged residents and motorists to adjust travel plans, heed evacuation guidance where issued and monitor weather conditions as water levels continue to rise across a city whose ageing systems have struggled under intensifying storms. City […]
Microsoft and Amazon have issued an unusually blunt warning to policymakers in Washington State, declaring the region’s housing shortage an “emergency” and urging faster action to expand supply as costs rise and availability tightens. The message, delivered through a jointly authored full-page newspaper advertisement and accompanying public statements, marks a rare alignment between two technology rivals that together employ tens of thousands of workers across the Puget […]
Mubadala Investment Company has sold its minority holding in Arcadia Consumer Healthcare, completing its exit from the United States-based consumer health and wellness platform alongside the company’s acquisition by funds managed by Bansk Group. The transaction marks a change in ownership for Arcadia and reflects shifting investment strategies across the global consumer health sector, where private equity interest has intensified amid consolidation and portfolio reshaping. Arcadia, headquartered […]
HONG KONG SAR – Media OutReach Newswire – 26 January 2026 – Dachser, a global logistics provider with over 90 years of experience, recently hosted a customer event in Bangkok, Thailand, bringing together customers and industry stakeholders to discuss the 2026 air and sea freight market outlook and the role of Supply Chain Optimization in navigating a challenging global trade environment.
Philipp Ramsbacher, Team Leader Supply Chain Optimization at Dachser, says today’s supply chains are too complex to rely on assumptions or past patterns. Data-driven simulation, rather than guesswork, helps create transparency, align expectations, and design logistics networks.
The event highlighted key developments shaping international trade flows, including geopolitical tensions, evolving sourcing strategies, capacity dynamics, and cost developments across air and sea freight markets. The discussions also underscored the growing importance of structured Supply Chain Optimization as companies adapt their logistics networks to changing market conditions.
“After several years of volatility, the air freight market is gradually moving toward a more balanced environment,” said Daniel Chua, Head of Air Freight, Air & Sea Logistics Asia Pacific at Dachser. “While demand fundamentals remain positive, careful capacity planning and realistic forecasting will be increasingly important as the market continues to normalize.”
In air freight, Dachser expects demand in 2026 to grow at a single-digit rate, supported by moderate capacity expansion and a normalization of rate patterns. While stable yields are anticipated, growth will continue to be driven by e-commerce, electronics – particularly AI-related components – and pharmaceuticals, alongside a structural shift of trade lanes toward Southeast Asia.
In sea freight, Dachser forecasts global demand growth to slow below three percent in 2026, despite continued strength in intra-Asia trade and Asia-Europe volumes. While fleet growth remains significant, supply and demand are relatively balanced, supported by blank sailings and vessel scrapping. Freight rates are expected to stabilize into early 2026, although uncertainty remains due to high operating costs and ongoing geopolitical developments.
“Even as rates soften, the market remains far from predictable,” said Eunice Yu, Head of Ocean Freight, Air & Sea Logistics Asia Pacific at Dachser. “Flexibility, diversified routing options, and realistic lead-time planning are essential for building resilient supply chains in the year ahead.”
Beyond outlooks: enabling resilience through Supply Chain Optimization
Beyond market analysis, Dachser sees that supply chains increasingly depend on structured, data-driven planning by taking a Supply Chain Optimization approach, which supports customers in analyzing, modeling, and redesigning logistics networks based on real operational data.
Philipp Ramsbacher, Team Leader of Supply Chain Optimization at Dachser says, “By applying Supply Chain Optimization with data-driven simulation, Dachser enables customers to evaluate scenarios, align stakeholders, and develop optimized and implementable supply chain solutions. These solutions help design logistics networks that are robust, efficient, and sustainable.”
Projects showcased during the event demonstrated measurable improvements, including cost savings, reduced CO₂ emissions, and enhanced delivery performance, underscoring the value of a structured Supply Chain Optimization approach.
With integrated air, sea, and contract logistics solutions and its strong presence across Asia Pacific as well as a well-established European road logistics backbone, Dachser continues to support customers navigate changing market conditions while strengthening long-term supply chain performance.
Hashtag: #Dachser
The issuer is solely responsible for the content of this announcement.
About Dachser
Dachser, a family-owned company headquartered in Kempten, Germany, provides transport logistics, warehousing, and customized services in two business fields: Dachser Air & Sea Logistics and Dachser Road Logistics. The latter consists of two business lines: Dachser European Logistics and Dachser Food Logistics. Comprehensive contract logistics services and industry-specific solutions round out the company’s range. A seamless shipping network—both in Europe and overseas—and fully integrated IT systems ensure intelligent logistics solutions worldwide.
Thanks to some 37,300 employees at 433 locations all over the globe, Dachser generated consolidated net revenue of approximately EUR 8 billion in 2024. The same year, the logistics provider handled a total of 83.2 million shipments with a tonnage of 44.1 million metric tons. Country organizations represent Dachser in 43 countries. For more information about Dachser, please visit dachser.com
In the DACHSER magazine, you will regularly find up-to-date reports, articles, and interviews on topics that concern us today and tomorrow: magazine.dachser.com
Saudi Arabia’s Real Estate General Authority has brought into force a sweeping set of legal changes that widen access to property ownership for foreign companies and expatriate residents, marking a significant shift in how the Kingdom regulates and opens its real estate market. The new framework, effective from January 22, integrates these provisions into the national real estate legislative system, making all rules immediately enforceable under a […]
Arabian Post Staff -Dubai Ras Abu Fontas Power, the company behind one of Qatar’s key power and water infrastructure projects, has secured a financing agreement worth about $990 million with the Japan Bank for International Cooperation, strengthening the long-term funding base for the Facility E power and desalination project south of Doha. The JBIC funding represents part of a larger co-financing package totalling approximately $2.97 billion, assembled […]
Snowflake has rolled out its AI Data Cloud on Amazon Web Services’ UAE region, a move designed to help enterprises build and deploy artificial intelligence workloads while keeping data residency and latency requirements in check. The expansion gives organisations operating in the Gulf access to Snowflake’s platform within the AWS Middle East Region, aligning with regulatory expectations that data generated in the country can be processed locally. […]
Arabian Post Staff -Dubai The United Arab Emirates’ hospitality sector has posted a substantial rise in hotel revenues in 2025, with total takings reaching around AED 44.4 billion for the period from January to November, marking an 8.8 per cent uplift compared with the same span a year earlier, driven by stronger average daily rates and robust demand across key markets. This performance underscores the UAE’s ongoing […]
India’s largest information technology services firms together reported a net reduction of close to 3,000 employees in the third quarter of the 2025–26 financial year, underscoring a structural shift in hiring as companies rebalance workforces around artificial intelligence, cloud platforms and higher-value digital engineering.
Quarterly disclosures showed that headcount at several bellwether firms edged lower despite stable deal pipelines. The combined net decline, modest by historical standards, contrasted sharply with the aggressive campus hiring and broad-based workforce expansion that defined the sector for more than a decade. Executives and analysts pointed to a “barbell” pattern in demand, with strong hiring at the high end for niche digital and AI skills and limited intake, or attrition-led pruning, in legacy application maintenance and commoditised services.
At Tata Consultancy Services, the country’s largest IT services exporter by revenue, total employee strength slipped during the quarter as voluntary attrition stayed elevated in certain service lines and fresh hiring remained selective. Infosys also reported a marginal fall in headcount, reflecting a focus on utilisation, internal redeployment and productivity improvements rather than large-scale lateral recruitment. Wipro and HCLTech posted similar trends, with management teams emphasising skill transformation over volume growth.
The net reduction came even as revenue growth stabilised sequentially for most firms, helped by cost optimisation deals, vendor consolidation and demand for cloud migration. Industry executives said the hiring slowdown was not a signal of weakening fundamentals but a recalibration after years of overcapacity built during the post-pandemic surge in digital spending.
What is different this cycle, analysts argue, is the depth of the technology shift reshaping delivery models. Generative AI tools, low-code platforms and automation frameworks are beginning to decouple revenue growth from headcount expansion. Routine coding, testing and support tasks are increasingly automated, reducing the need for large teams, while boosting productivity per employee.
This dynamic has produced the barbell model now widely discussed in boardrooms. On one end, firms are competing fiercely for specialists in data engineering, AI model deployment, cybersecurity, semiconductor design services and advanced cloud architecture. On the other, demand for entry-level roles tied to traditional application development and infrastructure support has softened, leading to fewer campus offers and limited backfilling of exits.
Management commentary during earnings calls reinforced this shift. Several chief executives highlighted large internal reskilling programmes, with tens of thousands of employees undergoing training in AI, machine learning and cloud-native technologies. The emphasis has moved from hiring for scale to building depth in targeted capabilities that command higher billing rates and longer-term client commitments.
Client behaviour has also played a role. Enterprises in North America and Europe, which account for the bulk of export revenues, continue to scrutinise technology budgets amid macroeconomic uncertainty. Discretionary projects have faced delays, while spending has been redirected toward efficiency-led initiatives where automation is central. This has compressed demand for traditional staff-augmentation models that once absorbed large numbers of engineers.
Despite the headline job losses, the sector remains a major employer, with total headcount across the top firms still running into the millions. Analysts caution against interpreting the quarterly decline as a broad-based contraction. Instead, they see a transition phase in which workforce pyramids are being reshaped to align with evolving client needs and delivery economics.
Wage dynamics reflect the same adjustment. Salary hikes have been measured, variable pay has been linked more closely to utilisation and skill relevance, and onsite deployments have been rationalised. At the same time, niche talent continues to command premiums, widening pay dispersion within firms.
Revolut has shelved plans to buy a United States bank and is instead pursuing a fresh regulatory pathway as it recalibrates its long-delayed push into the world’s largest retail finance market. The London-based digital banking group has begun laying the groundwork for an application to the Office of the Comptroller of the Currency for a national banking licence, according to people familiar with the company’s strategy, marking […]
Arabian Post Staff -Dubai First Abu Dhabi Bank has been named the Official Banking Partner for the first-ever Open Masters Games to be staged in the Middle East, a move that aligns a leading regional lender with an international sporting event built around lifelong participation, health and social connection. The partnership brings First Abu Dhabi Bank into the inaugural Middle East edition of the Open Masters Games, […]
By Nantoo Banerjee India’s transport sector, combining road, rail, air and water, is ready for a significant job boom, with the logistics industry alone projected to grow at a 10.7 percent compound annual growth rate (CAGR) through the current year. The national budget for 2026-27, which is scheduled to be placed in Parliament on February […]
Dubai’s First-Time Home Buyer programme has delivered a sharp lift to residential ownership, with more than 2,000 residents buying their first home within six months and generating over Dhs3.25bn in property transactions, according to figures released by the Dubai Land Department. The take-up underscores the initiative’s early traction and signals a policy-driven broadening of access to ownership across the emirate’s diverse resident base. Launched in July 2025, […]
Arabian Post Staff -Dubai Dubai has approved a Dh12.8bn expansion of Dubai Silicon Oasis, signalling a renewed push to scale the emirate’s knowledge economy and deepen its appeal to global technology, research and advanced manufacturing firms. The programme was launched by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and positions the zone for a new phase […]
Arabian Post Staff -Dubai NMK Electronics has unveiled NMK Beyond, a 21,500 sq ft immersive technology hub positioned in Dubai’s urban core, marking a significant expansion of the company’s footprint in professional audio-visual and integrated solutions. The facility is designed to function as a live, hands-on environment where enterprise clients, systems integrators, consultants, educators and content creators can experience end-to-end technology workflows rather than static product displays. […]