Shell Plc has opened preliminary discussions to sell a minority interest in the North West Shelf liquefied natural gas project in Western Australia, engaging potential buyers that include a unit of Abu Dhabi National Oil Co. and Midocean Energy, according to people familiar with the matter. Talks are centred on Shell’s holding in the A$34 billion development, one of Australia’s longest-running LNG export ventures, located near Karratha […]
Arabian Post Staff -Dubai Abu Dhabi has appointed a syndicate of international and regional banks to lead its first sovereign bond sale of 2026, launching a dual-tranche, dollar-denominated benchmark with initial price thoughts set at 50 basis points over US Treasuries for five years and 55 basis points for 10 years. The transaction marks the emirate’s opening return to global capital markets this year and is structured […]
SOUEAST UAE has launched the S08DM, a seven-seater plug-in hybrid SUV positioned at the intersection of family practicality and electrified performance, as the brand seeks to strengthen its foothold in the Emirates’ fast-evolving automotive market. Exclusively distributed by Elite Group Holding, the new model marks a significant step for the Chinese marque’s regional ambitions, arriving at a time when demand for hybrid and electric vehicles is accelerating […]
Artificial intelligence is triggering frustration across the video game industry as developers deploy automated tools to reduce budgets, only to face backlash from players who say quality and creativity are suffering. Studios under financial strain are increasingly turning to generative AI to assist with coding, artwork, dialogue and quality assurance. While executives argue the technology speeds up production and lowers costs, gamers have highlighted glitches, awkward scripts […]
Bill Gates apologised to employees of the Gates Foundation for his past meetings with convicted sex offender Jeffrey Epstein, telling staff he “took responsibility for his actions” while maintaining he saw nothing illicit during their interactions. A spokesperson for the philanthropic organisation confirmed that Gates addressed the issue during a town hall meeting, acknowledging that his association with Epstein had caused harm to the foundation’s reputation and […]
Nvidia delivered record quarterly and annual revenue, beating Wall Street expectations and pushing back against claims that the artificial intelligence boom is overheating. The Silicon Valley chip designer said revenue for the fourth quarter of its fiscal year ended 26 January 2025 rose to $39.3 billion, up sharply from a year earlier and above market forecasts. Full-year revenue reached $130.5 billion, more than doubling on the previous […]
Treasury manager FG Nexus has intensified its reduction of ether holdings, selling 7,550 ETH valued at about $14 million as part of a strategic unwind that has now crystallised more than $80 million in losses on its corporate crypto portfolio. The firm’s move marks a continuation of a reversal from its earlier accumulation strategy, leaving observers scrutinising the viability of concentrated digital-asset reserves on corporate balance sheets. […]
Hong Kong will begin issuing its first licences for fiat-backed stablecoin issuers in March, advancing its ambition to position the city as a regulated global hub for digital assets and virtual finance. Financial authorities have confirmed that the new regime will allow approved companies to issue stablecoins pegged to fiat currencies under a structured supervisory framework. The move follows months of consultation led by the Hong Kong […]
Harbinger Motors has completed its acquisition of Phantom AI, a move that marks a strategic inflection point as the electric commercial vehicle maker pushes deeper into autonomous driving and software-enabled safety systems. The deal, first sealed in November 2025, brings Phantom’s advanced driver assistance systems under Harbinger’s umbrella and includes a licensing agreement with global automotive supplier ZF Group to expand computer-vision-based technology into passenger-car ADAS, creating […]
UAE and Czech Republic have stepped up efforts to widen economic cooperation across advanced manufacturing, clean energy and digital industries, with ministers from both countries reviewing a slate of joint projects targeted for rollout in 2026. Talks between UAE Minister of Economy Abdulla bin Touq Al Marri and Czech Minister of Industry and Trade Jozef Síkela focused on expanding collaboration in sectors described as central to the […]
Adoption of Bitcoin is expanding across institutions, banks, corporations and retail investors even as sharp price fluctuations continue to test market confidence, according to new research from River, a US-based Bitcoin financial services firm. River’s latest report argues that Bitcoin’s long-term trajectory is being shaped less by short-term volatility and more by structural shifts in how capital allocators, payment companies and sovereign actors perceive digital assets. The […]
By K Raveendran The political sparring between Narendra Modi and Rahul Gandhi has entered a sharper and more consequential phase, with the balance of advantage appearing to tilt towards the Leader of the Opposition after an unexpected judicial intervention in the United States cast doubt on the durability of Donald Trump’s tariff regime. The rhetorical […]
The article Rahul Gandhi Making The Most Of Modi’s Tariff Blushes appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Arabian Post Staff -Dubai Khalifa Economic Zones Abu Dhabi has launched construction of a AED150 million baby food manufacturing facility aimed at strengthening food security, expanding local production and easing supply concentration risks in the Gulf’s infant nutrition market. The project, located within KEZAD’s industrial ecosystem in Abu Dhabi, is expected to produce a range of infant and toddler nutrition products, including powdered milk formula and fortified […]
Microsoft has warned that threat actors are exploiting seemingly legitimate Next. js repositories to compromise software developers, embedding staged backdoors inside projects that mimic technical assessments and open-source tools. Security researchers at Microsoft said the campaign targets developers who routinely clone public repositories for evaluation, collaboration or recruitment exercises. The attackers publish projects that appear credible, often styled as coding challenges or portfolio pieces, and rely on […]
Vast peatlands beneath the Congo Basin’s blackwater lakes are releasing carbon that has been locked away for millennia, according to new scientific findings that raise fresh concerns about the stability of one of the planet’s largest tropical carbon stores. Researchers studying Africa’s most extensive tropical peat complex have identified that a notable share of carbon dioxide escaping from the region’s dark, tannin-rich lakes originates from ancient peat […]
Jada Fund of Funds, a subsidiary of Saudi Arabia’s Public Investment Fund, is preparing to channel more capital into private credit as Gulf investors reposition their portfolios amid volatility affecting segments of the global lending market. Chief executive Bandr Alhomaly said the Riyadh-based fund has agreed to back India-headquartered venture debt manager Stride Ventures, marking a step in its strategy to widen access to alternative financing for […]
Arabian Post Staff -Dubai UAE has emerged as the fastest-growing market worldwide for artificial intelligence hiring, with demand for AI specialists accelerating sharply over the past year as Gulf economies deepen their technology push. New data from the RemotePass 2025 Hiring Report shows AI-related recruitment in the UAE climbed from 32 per cent of total tech hiring in 2023–24 to 48 per cent in 2024–25, marking […]
BlackRock has transferred roughly $150 million worth of Bitcoin and Ethereum from wallets linked to Coinbase’s custody platform, prompting fresh scrutiny of how the world’s largest asset manager is structuring its digital asset exposure. Blockchain data tracked by market analysts show that the movements involved a combination of Bitcoin and Ether held in addresses associated with Coinbase Custody, a regulated service widely used by institutional investors. The […]
South Korea’s Bithumb has added GoPlus to its Korean won market, prompting a swift surge of more than 20 per cent in the token’s price before gains eased amid heightened trading activity. The listing, announced by one of the country’s largest cryptocurrency exchanges by volume, allowed users to trade GPS directly against the won, expanding the token’s accessibility in a market known for strong retail participation. Within […]
By Nitya Chakraborty Only a week has passed since the BNP supremo Tarique Rahman has taken over as the Prime Minister of Bangladesh after the resounding victory of his party in the February 12 national elections. The 60 year old PM who is back to the country after an exile of 17 years in Britain, […]
The article US-China Rivalry Suddenly Intensifies In Bangladesh As Tarique Takes Over As PM appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Nigerian banks are entering 2026 with firmer balance sheets and improved capital buffers, positioning the sector for expansion as regulatory deadlines draw closer. Analysts at Lagos-based investment banking and research firm Chapel Hill Denham say the industry’s strengthened fundamentals provide a platform for earnings growth, credit expansion and renewed investor confidence. At the centre of this shift is the Central Bank of Nigeria’s recapitalisation directive, announced in […]
Digital asset investment products recorded net outflows of about $288 million over the latest week of trading, extending a multi-week streak of capital withdrawals by institutional and retail investors from cryptocurrency-linked funds. This marks the fifth consecutive week of net selling in crypto fund flows, pushing total outflows to roughly $4 billion over this period and signalling ongoing pressure on risk assets within the digital-asset space. Despite […]
Arabian Post Staff -Dubai United Arab Emirates has published detailed electronic invoicing guidelines as authorities accelerate plans to introduce a nationwide digital billing system aimed at modernising tax compliance and improving transparency across the economy. The Ministry of Finance said the official reference document sets out the technical, operational and compliance framework that businesses must follow as the country moves towards mandatory eInvoicing. The guidance forms a […]
Arabian Post Staff -Dubai Kuwait Petroleum Corporation has opened preliminary discussions with a broad pool of global investors over the potential sale of a minority stake in its crude oil pipeline assets valued at about $7 billion, according to three people familiar with the matter, signalling a strategic shift that mirrors monetisation drives across the Gulf. The early-stage talks centre on infrastructure funds and private equity groups […]
