Masdar and Montenegro’s state power utility have moved a planned 2-gigawatt renewable energy partnership into execution, signing agreements for two solar plants and exploring large-scale pumped hydro storage. Abu Dhabi Future Energy Company, known as Masdar, and Elektroprivreda Crne Gore, or EPCG, will jointly develop the 115-megawatt Štedim solar photovoltaic project and the 35-megawatt Krupac solar plant. The agreements cover 150 MW of initial generation capacity under […]
Arabian Post Staff -Dubai Rakhi Sawant has launched a scathing attack on BJP MP Kangana Ranaut over her comments about young people involved in the student-led protests at Jantar Mantar, escalating a dispute that has drawn reactions from political leaders and entertainment figures. Sawant used an Instagram video to accuse Ranaut of insulting students and young women, calling her a “chudail”, or witch, and questioning her political […]
HONG KONG SAR – Media OutReach Newswire – 30 July 2026 – Power limitations, tight spaces, and complex security setups have traditionally made Bluetooth® access hardware difficult to implement—especially in mobile, retrofit, or remote environments. Southco’s new Battery-Operated Single Output Bluetooth® Controller eliminates these barriers with a fully self-contained, plug-and-play solution that delivers long battery life, simplified installation, and secure mobile access.
Battery Operated Bluetooth Controller
Powerful Performance from Just Four AA Batteries
Powered by only four AA batteries, the controller delivers over two years of operation when driving a 12VDC latch, dramatically reducing maintenance compared to typical battery-powered systems. Its high-efficiency internal buck/boost technology ensures optimal power delivery while using fewer batteries than conventional approaches.
Redundant Power for Critical Access
When batteries eventually require replacement, Southco has designed built-in redundancy to avoid downtime. A power override port—compatible today with a 9V battery and adaptable for future power inputs—provides temporary power so users can unlock the enclosure, replace batteries, and restore full operation quickly.
Smart Monitoring Through the Keypanion® App
Battery health is continuously monitored through Southco’s Keypanion® App, which alerts users well before battery replacement is needed, reducing the likelihood of emergency access situations.
For Original Equipment Manufacturers building their own mobile apps, Southco also offers a Software Development Kit (SDK), enabling seamless integration between the controller and customers’ existing digital ecosystems.
Designed for Real-World Enclosures
A removable battery pod allows fast, frustration-free battery changes—especially valuable in tight, hard-to-reach installations. Users can slide out the cartridge, load all batteries at once, and reinsert it without navigating cramped enclosure spaces.
The controller also features true plug-and-play installation. Simply insert the four AA batteries, plug in the latch, and the system is ready to operate—no wire splicing, no external power, and no additional electronics required.
Mobile Access Without Security Infrastructure
With the Keypanion® App, users can activate, manage, and share access directly from a mobile device. There is no server setup, no IT overhead, and no wiring required. Permissions can be granted or revoked instantly, replacing physical keys with secure digital control.
New Possibilities for Remote and Unpowered Applications
This combination of self-contained power, Bluetooth® connectivity, and mobile access expands what designers can do in environments once considered too challenging for electronic access. Ideal applications include:
Remote and public installations without external power
Retrofit upgrades for existing unpowered enclosures
Critical infrastructure such as fiber optic boxes requiring secure, monitored access
By eliminating the need for solar panels, power drops, or complex security systems, Southco’s Battery-Operated Bluetooth® Controller reduces material costs and gives OEMs far greater design freedom.
A Flexible, Future-Ready Solution
Beyond immediate use cases, the power override port helps engineers address mechanical override considerations by providing a reliable method to restore power and gain entry when traditional power sources fail—a major benefit noted by early customer feedback.
The Battery-Operated Single Output Bluetooth® Controller provides a strong foundation for the next generation of remote access solutions, delivering convenience, efficiency, and security in one streamlined device.
For more information, please visit www.southco.com or email Southco’s 24/7 customer service team at info@southco.com.
Hashtag: #Southco
The issuer is solely responsible for the content of this announcement.
About Southco
Southco, Inc. is the leading global designer and manufacturer of engineered access solutions. From quality and performance to aesthetics and ergonomics, we understand that first impressions are lasting impressions in product design. For over 80 years, Southco has helped the world’s most recognized brands create value for their customers with innovative access solutions designed to enhance the touch points of their products in transportation and industrial applications, medical equipment, data centers and more. With unrivalled engineering resources, innovative products and a dedicated global team, Southco delivers the broadest portfolio of premium access solutions available to equipment designers throughout the world.
Southco Asia Limited 2401, Tower 2, Ever Gain Plaza 88 Container Port Road, Kwai Chung Hong Kong
MERA Oil has shortlisted three Gulf locations for a planned $5 billion refinery and energy export complex, with the US-Saudi consortium aiming to select a host jurisdiction before the end of 2026. The proposed development would include a 200,000-barrel-a-day refinery, deepwater port facilities, large crude and refined-product storage capacity and marine export infrastructure. The shortlisted sites are outside the Strait of Hormuz, reflecting growing commercial interest in […]
Arabian Post Staff -Dubai Aldar Properties posted an 18% rise in first-half net profit after tax to AED 4.9 billion, supported by the conversion of its development backlog into revenue and stronger recurring income from its investment properties portfolio. Revenue for the six months ended June increased 8% year on year to AED 16.8 billion, while gross profit climbed 17% to AED 6.2 billion. Earnings before interest, […]
Onsite solar installation to cut FCC Philippines’ energy costs by 30% compared to grid electricity prices, supporting the automotive supply chain manufacturer’s cost competitiveness and energy resilience in Laguna.
LAGUNA, PHILIPPINES – Media OutReach Newswire – 29 July 2026 – FCC (Philippines) Corp., a subsidiary of Japan’s FCC CO., LTD. and a key global supplier to leading automotive and motorcycle brands including Honda, Yamaha, Suzuki and Kawasaki, Ford, Harley-Davidson, BMW, among others, has signed a long-term solar agreement with Peak Energy to power its clutch systems facility in Laguna with onsite renewable energy.
Sandro Bruni (Peak Energy) and Tsuyoshi Nakada (FCC Philippines Corporation) at the Signing Ceremony held on 10th of July
The system is expected to generate approximately 1,500 MWh in its first year of operation from a 1 MWp onsite solar installation, delivering electricity to FCC Philippines at a price approximately 30% lower than grid tariffs. This is expected to avoid approximately 650 tons of CO₂annually, equivalent to avoiding the consumption of almost 252,000 liters of gasoline.
Under the 15-year agreement, Peak Energy will design, finance, construct, own and operate the solar system, with FCC Philippines purchasing the electricity generated at no upfront capital cost. The structure allows FCC Philippines to access clean, competitively priced power while Peak Energy manages construction and ongoing operations and maintenance.
FCC CO., LTD. is the undisputed global leader in the motorcycle clutch market, with more than 50% global market share, and a leading supplier of automotive clutch components worldwide. The company and has manufactured in the Philippines since 1993, supplying integrated clutch systems not only to the four of the world’s four largest motorcycle OEMs, but also to other established global brands across both the two-wheel and four-wheel industries. Global automotive supply chains are under growing pressure to reduce embedded emissions, and the agreement gives FCC Philippines a concrete way to strengthen its competitiveness within that supply chain.
The agreement builds on Peak Energy’s track record with Japanese-parented manufacturers across the region, including JTEKT (Toyota Group) in Japan, AICA in Thailand and Yokogawa in Singapore. FCC Philippines’ decision to choose Peak Energy reflects the same standard of engineering excellence and delivery experience that has earned these manufacturers’ trust, technical rigor, disciplined project execution and a track record of on-time, on-budget delivery that meets the exacting quality expectations Japanese corporates apply to their partners across Asia.
As industrial demand for lower-cost, predictable power grows, the Philippine market is naturally redirecting capacity toward developers with the financial strength, engineering capability and technology to execute and operate assets credibly at scale, supported by a Department of Energy target of 35% renewable energy share by 2030.
“Industrial buyers in the Philippines are increasingly looking for power that’s cheaper than the grid and shielded from imported fuel prices,” said Gavin Adda, CEO of Peak Energy. “This project delivers both, at a 30% discount to grid tariffs. We are glad to see FCC moving toward a developer with the financial strength and engineering capability to deliver at scale.”
“This solar project represents an important milestone in FCC’s journey toward a more sustainable future,” said Tsuyoshi Nakada, President of FCC (Philippines) Corp. “As part of the FCC CO., LTD., Group’s commitment to achieve carbon neutrality by 2050, with a 50% reduction in carbon emissions by 2030, we continue to invest in initiatives that reduce our environmental footprint while strengthening the resilience of our operations. We are pleased to partner with Peak Energy in advancing these shared sustainability goals.” Hashtag: #Japan #Automotive #Irarwar #Iran #Philippines #redalert #energy #energycosts #Scope2 #sustainability
The issuer is solely responsible for the content of this announcement.
About Peak Energy
Headquartered in Singapore, Peak Energy develops, owns, and operates renewable assets across Asia Pacific (APAC). With over 300 MW of operating assets and 2 GW worth of projects in development, Peak Energy is the fastest growing renewable energy developer with a portfolio spanning Japan, Korea, Australia, Taiwan, the Philippines, Thailand, Singapore and Indonesia. With activities encompassing the full range of renewable energy business models – including utility-scale development, off-site PPAs, onsite PPAs, and energy storage applications – Peak Energy is a one-stop partner for corporates seeking to decarbonize their operations in APAC. We believe in establishing long-term partnerships with our corporate customers, to accompany them in their decarbonization journey, through cleaner, cheaper energy.
An experienced team handles the complete life cycle of our energy assets from origination and development through to operations and decommissioning, employing state-of-the art technology and the industry best practices, respectful of the environment and following world-class HSE standards.
Our business practices, technological and HSE standards are standardized across APAC, but we are implemented and operate locally, with teams in seven countries, and lasting partnerships with local customers, EPCs, vendors, channel partners.
Peak Energy is wholly owned by Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets with approximatively USD 88 billion of assets under management. Our financial and technical strength coupled with our relationships in local markets allows us to optimize our capital deployment in high quality assets.
Established in 1993 at Laguna Technopark in Biñan City, Laguna, FCC (Philippines) Corp. is a subsidiary of Japan’s FCC CO., LTD., a global leader in automotive and motorcycle clutch systems. The company manufactures and assembles clutch engine components for leading global automotive and motorcycle brands and has a workforce of more than 600 personnel at its Laguna facility. As part of its commitment to sustainable growth, FCC CO., LTD., continues to strengthen its core clutch business while expanding into electrification-related technologies by leveraging its core expertise in die casting, press, and joining technologies to support the evolving mobility industry.
The US goods trade deficit narrowed in June as imports fell more sharply than exports, with a notable drop in capital goods purchases reversing part of the surge linked to business investment and inventory building earlier in the quarter. The merchandise trade gap decreased 4.2% to $101.5 billion from a revised $105.9 billion in May. Imports dropped $8.2 billion to $306.2 billion, while exports declined $3.8 billion […]
A magnitude-7.1 earthquake struck Kumamoto prefecture in southern Japan on Tuesday, injuring at least 50 people, damaging buildings and roads, and cutting electricity to tens of thousands of homes. The earthquake hit at about 4.27 pm local time and registered the highest level of seven on Japan’s seismic intensity scale in parts of Kumamoto. Violent shaking was reported across Kyushu, with residents describing collapsing roof tiles, broken […]
Tech Mahindra has launched an Engineering Experience Centre in Hyderabad to help enterprises move more quickly from product concepts to commercial deployment, strengthening its push into artificial intelligence-led engineering services.
The company also unveiled a new engineering proposition, “Accelerating Breakthroughs”, designed to address growing product complexity, shorter innovation cycles, supply-chain pressures and geopolitical disruption. The initiative aims to give customers a working environment in which designs can be tested, refined and prepared for the market.
The centre will bring together Tech Mahindra engineers, clients, technology partners and other industry participants to develop and validate products and systems. It combines engineering expertise with artificial intelligence, digital twins, model-based engineering and collaborative product-development processes.
Unlike a conventional demonstration facility, the centre has been structured as an operational engineering environment. Visitors will be able to examine how ideas pass through product development, teardown analysis, validation, testing, supply-chain assessment and other stages before reaching commercial readiness.
The facility will also demonstrate how engineering information can be connected throughout a product’s lifecycle. Digital-thread technology will link design, manufacturing, testing, maintenance and performance data, while digital twins will allow companies to simulate physical products or systems before making costly changes in real-world environments.
Artificial intelligence will be used across engineering workflows to accelerate analysis, detect design problems, assist decision-making and improve the use of product data. The approach reflects a wider shift among technology services companies from primarily supplying skilled personnel towards delivering integrated engineering platforms, laboratories and measurable business outcomes.
Rohit Madhok, global head of engineering services at Tech Mahindra, said engineering had always involved solving constraints and that the centre would provide a living environment where ideas could be developed, stress-tested, dismantled, reimagined and validated.
“The next generation of breakthroughs will come from simplifying complexity, orchestrating ecosystems, and augmenting human ingenuity with technology,” Madhok said.
Clients and partners will be able to work directly with the company’s engineering teams on structured experiments. The centre is intended to reduce the distance between an early-stage concept and a product that can be manufactured, deployed or scaled.
The initiative targets industries facing rapid technological change and increasingly connected products, including automotive, aerospace, industrial equipment, energy, consumer goods, transportation and communications. Manufacturers in these sectors are investing in software-defined products, predictive maintenance, automation and digitally connected supply chains.
Tech Mahindra’s engineering portfolio covers product design and development, software-defined vehicles, embedded systems, product lifecycle management, testing, manufacturing systems and after-market support. Its capabilities also extend to aerospace structures and avionics, rail signalling, industrial asset management and connected consumer products.
The company operates more than 50 engineering centres and has developed over 50 technology platforms and solutions, along with more than 25 proprietary tools and frameworks. It says the centres have helped customers lower capital expenditure and improve the use of engineering resources.
The Hyderabad launch comes as global technology providers increase investments in physical experience centres that allow customers to evaluate artificial intelligence and digital engineering applications before committing to large transformation programmes. Such facilities are becoming important sales and delivery assets because enterprises increasingly demand evidence of operational value rather than isolated technology demonstrations.
Engineering research and development has also become a major growth area for technology service providers as manufacturers seek outside expertise in connected products, cloud platforms, chip design, autonomous systems and industrial artificial intelligence. Shorter product cycles have placed pressure on companies to conduct design, simulation, validation and manufacturing preparation simultaneously rather than sequentially.
Model-based engineering is central to that transition. It replaces fragmented documents and manual handovers with digital models that can be shared across engineering functions. When combined with a digital thread, the method can improve traceability and allow teams to understand how a design alteration affects manufacturing, compliance, costs and product performance.
The new centre will support Tech Mahindra’s effort to position itself as a strategic engineering partner rather than only an information technology outsourcing provider. The company offers consulting, enterprise applications, business process services, network services, customer-experience design, artificial intelligence, analytics, cloud infrastructure and engineering services.
The round brings HiDream.ai’s total financing over the past three months to more than RMB 2.1 billion and marks its entry into unicorn status
BEIJING, CHINA – Media OutReach Newswire – 27 July 2026 – HiDream.ai, a global large-model AI technology company, has announced the completion of a RMB 1.5 billion Series C financing round. The round was co-led by the National Social Security Fund Sichuan Revitalization Sci-Tech Innovation Fund, ICBC Capital, Hongyi Asset Management and Dunhong Capital.
The screenshot of this leaderboard was taken on June 22, 2026.
New investors including Xiamen ITG Capital, Shanghai Film New Vision Fund, Hubei Yangtze River Industry Investment Group, Huace Film & TV, Hangyuan Capital, Chuangyunhai Capital, Huafu Investment, Yuhang Financial Holding, Bank of Communications Capital and Wakamatsu Fund also participated. Existing shareholders including Hefei Industrial Investment, Fortune Capital, Kingpo Investment, Jinhua Capital, Zhongzhe Capital and Caixin Capital continued to back the company.
The round brings together national-level long-term capital, regional government-backed investment platforms, industry investors and venture capital firms. HiDream.ai said the funding will support its development of native omni-modal world models and the expansion of its product and commercial ecosystem.
The Series C follows two earlier rounds completed within the past three months, bringing HiDream.ai’s total financing during the period to more than RMB 2.1 billion. With the latest round, the company has entered unicorn status.
“Forward-looking judgment on AI technology and continued innovation in large-model architecture have always been core to HiDream.ai’s growth,” said Mei Tao, founder and CEO of HiDream.ai. “We believe the evolution from multimodal AI to native omni-modal world models is an essential path toward AGI. With this funding, we will continue building the foundation for native omni-modal world models and work with global developers and partners to expand the boundaries of intelligence.”
Long-term Capital Backs HiDream.ai’s AI Roadmap
The round includes national-level long-term capital, technology-focused financial investors and multiple regional government-backed investment platforms.
The participation of the National Social Security Fund Sichuan Revitalization Sci-Tech Innovation Fund as a co-lead investor reflects growing institutional support for foundational AI technologies and critical AI infrastructure.
Regional investment platforms including Hefei Industrial Investment, Xiamen ITG Capital, Yuhang Financial Holding and Hubei Yangtze River Industry Investment Group also participated or increased their exposure, providing support across capital, industrial resources and application scenarios.
Existing shareholder Hefei Industrial Investment has backed HiDream.ai across three consecutive rounds, underscoring long-term confidence in the company and its alignment with Hefei’s strategy to develop a hard-tech and AI innovation hub.
HiDream.ai said support from long-term institutional capital and regional government-backed investors will help provide full-cycle backing for model research, product development and industrial deployment.
Industry Investors Deepen Content and Entertainment Partnerships
The Series C round also introduced leading film and entertainment industry investors, including Shanghai Film New Vision Fund and Huace Film & TV.
HiDream.ai said these partnerships will expand its access to film and entertainment resources, production scenarios and high-quality content data, supporting innovation in AI-native content production.
The company has been working with Shanghai Film Co., Ltd. on next-generation content production, cinema scenario upgrades, AI-powered cross-screen marketing, and AI-enabled large-screen production standards and workflows.
HiDream.ai also plans to collaborate with Huace Film & TV on AI agent-assisted content creation, corpus co-development, premium content co-production and full-chain IP development.
Together with earlier cooperation with Hubei Yangtze River Film Group, the addition of Shanghai Film New Vision Fund and Huace Film & TV further expands HiDream.ai’s role in China’s film and entertainment ecosystem and provides richer data and application scenarios for its video models.
From Native Omni-modal Models to World Models
HiDream.ai is among China’s earliest companies focused on multimodal generative AI. Built on its self-developed HiDream model family, the company has developed a portfolio of AI products and a global commercial network across content creation, marketing, and film and entertainment production.
Earlier this year, HiDream.ai’s native omni-modal HiDream-O1 model series, based on its original UiT, or Unified Transformer, architecture, achieved leading results on the text-to-image leaderboard of Artificial Analysis, a global independent AI model evaluation and analytics platform. The open-source version ranked first globally, while the closed-source version ranked among the global top three, positioning HiDream.ai among the leading players in visual generative AI.
At the product and commercialization level, HiDream.ai is pursuing a dual-engine strategy combining foundation models and AI agents. Built on the HiDream-O1 model series, its “1+1+3” framework includes one foundation model, one Token Hub platform for standardized model capability output, and three application areas: commercial marketing, film and entertainment production, and content creation.
At WAIC 2026, HiDream.ai introduced vivago R1, a multimodal creative agent with long-form video generation and editing capabilities. The “R” in R1 stands for long-horizon reasoning, reflecting a shift in AI-assisted creative production from generating isolated assets to planning, orchestrating and executing longer creative workflows.
HiDream.ai’s products currently serve users in more than 100 countries and regions, including over 50 million professional users and more than 40,000 enterprise customers. The company said these commercial deployments validate the practical application of its native omni-modal architecture and provide a foundation for future scale.
HiDream.ai said its long-term vision is to move from multimodal AI to omni-modal AI and ultimately world models — systems capable of understanding, reasoning about and constructing dynamic environments. The company will continue advancing both large-model technology and AI agent products, accelerating the shift of AI from a tool to an intelligent partner.
Hashtag: #HiDreamAI
The issuer is solely responsible for the content of this announcement.
About HiDream.ai
HiDream.ai is a large-model AI technology company focused on native omni-modal intelligence and world-model development. Built on its self-developed HiDream model family, the company develops foundation models, AI agent products and AI applications across commercial marketing, film and entertainment production, and content creation.HiDream.ai’s products serve users in more than 100 countries and regions, including over 50 million professional users and more than 40,000 enterprise customers.
Prime Minister Sanae Takaichi’s falling public support is sharpening investor concern that her government may respond with tax cuts and heavier spending, adding pressure on the yen and Japan’s government bond market.
A July poll showed approval for Takaichi’s Cabinet dropping to 57% from 69% in June, as households grew more dissatisfied with rising living costs. Other surveys have also pointed to weakening support, though the level varies considerably among polling organisations.
The decline has placed greater scrutiny on the government’s economic strategy. Takaichi has defended an expansionary programme built around public and private investment in strategic industries, arguing that stronger productivity and economic growth will ultimately restore confidence in the currency.
Market strategists see a growing risk that weaker ratings could push the administration towards measures offering faster political relief. These could include reductions in consumption taxes, expanded subsidies or additional spending aimed at cushioning households from food and energy inflation.
Such steps may prove popular with voters but could unsettle investors unless the government provides a credible funding plan. Japan already carries one of the world’s largest public debt burdens, exceeding twice the size of its economy, while higher interest rates are raising the cost of servicing that debt.
The yen has been trading near 160 to the dollar, increasing the price of imported fuel, food and industrial materials. Its weakness has become a political problem because the benefits to exporters and tourism are being offset by pressure on household purchasing power.
Takaichi has rejected the argument that government policy alone determines exchange rates. She has said stronger investment, competitiveness and economic expansion are essential to rebuilding market trust, while acknowledging that currency movements reflect a range of domestic and international factors.
Investors remain sensitive to any indication that the government could pursue fiscal expansion while discouraging tighter monetary policy. The Bank of Japan raised its benchmark rate to 1% in June, the highest level in more than three decades, and economists expect another increase before the end of 2026 if inflation or yen weakness intensifies.
The central bank is expected to keep rates unchanged at its next policy meeting while signalling that further tightening remains possible. Its challenge is to contain import-driven inflation without weakening an economy facing demographic pressures, soft consumption and a heavy public debt load.
More than four-fifths of economists surveyed this month expect the policy rate to reach 1.25% by December. A rise could support the yen by narrowing the interest-rate gap with the United States, but it would also put upward pressure on government borrowing costs.
Long-dated government bond yields have already climbed to levels not seen for decades. Traders are demanding higher returns as the central bank reduces its dominance of the bond market and investors reassess the sustainability of fiscal policy in an inflationary environment.
Takaichi’s growth blueprint envisages about ¥370 trillion in public and private investment through 2040 across 17 strategic sectors. Artificial intelligence, semiconductors, defence, energy security and advanced manufacturing are among the areas targeted for support.
The government says the programme will raise productivity, reduce vulnerabilities in critical supply chains and lift Japan’s underlying growth rate. Critics argue that its scale and financing remain insufficiently defined, increasing the possibility of additional bond issuance or pressure for higher taxes later.
A proposed temporary suspension of the consumption tax on food has emerged as a particularly sensitive issue. The measure could ease household costs but would also reduce government revenue unless accompanied by spending cuts or alternative funding.
Political pressure is building inside the ruling Liberal Democratic Party as lawmakers consider how to reverse the erosion in public confidence. Speculation about a Cabinet reshuffle has increased, although Takaichi has given no indication that she plans to retreat from her investment-led strategy.
Her political position remains stronger than the approval figures alone suggest. The Liberal Democratic Party secured a commanding majority in the February election, giving the government substantial room to pass legislation. However, falling popularity could make lawmakers less willing to support policies seen as worsening inflation or market instability.
Foreign-exchange traders are watching whether the government steps up verbal warnings or direct intervention to support the yen. Previous interventions have produced only temporary gains when they were not backed by a sustained change in interest-rate expectations or fiscal policy.
Japan’s large pool of domestic savings and the substantial holdings of government debt by local institutions continue to provide stability. The country also possesses sizeable foreign reserves and remains a major external creditor.
Nvidia is discussing a financing guarantee of as much as $250 billion to support OpenAI’s proposed lease of computing capacity from a vast data centre development in Ohio, potentially extending the chipmaker’s role from technology supplier to financial backer of the artificial intelligence infrastructure boom. The talks centre on a planned 10-gigawatt complex being developed by SB Energy, the renewable energy and infrastructure arm controlled by SoftBank […]
Arabian Post Staff -Dubai DP World has completed the main dredging programme at Senegal’s Port of Ndayane 13 months ahead of schedule, clearing the way for accelerated construction of quays and other maritime infrastructure at the $1.2 billion deep-water development. The completed works include a five-kilometre access channel dredged to a depth of 20 metres, a 600-metre turning basin and an 875-metre berth pocket. The marine infrastructure […]
Iran-affiliated hackers are exploiting internet-connected industrial controllers across US water, energy and government facilities, expanding their targets to equipment made by Rockwell Automation, Schneider Electric and Siemens. A July 22 update to a joint federal cybersecurity advisory confirmed that the campaign has moved beyond Rockwell Automation’s Allen-Bradley controllers. The affected equipment now includes Schneider Electric BMX P34 and Modicon M340 programmable logic controllers, as well as Siemens […]
Arabian Post Staff -Dubai e& UAE has activated 1024QAM modulation on its live commercial 5.5G network, achieving a download speed of 4.58 gigabits per second and marking the first deployment of the technology on an operational mobile network in the region. The Abu Dhabi-based operator recorded 4,587 megabits per second during a live speed test using the Huawei Pura 90s, one of the first smartphones designed to […]
A single country raising tariffs dents that country’s exporters. Sixty countries absorbing new US duties on the same day is a different animal entirely, and currency and bond markets have far more reason to be nervous about it than most equity investors currently seem to grasp. The new rates land between 10% and 12.5%, and the split between those two bands is where this gets interesting. Japan […]
Iran-linked cyber actors are targeting internet-connected industrial control systems used across US water, energy, manufacturing and public-service networks, prompting an expanded federal warning covering equipment made by Siemens, Schneider Electric and Rockwell Automation. The updated alert says attackers have gained access to programmable logic controllers, or PLCs, which manage physical processes inside critical infrastructure. Intruders have downloaded malicious project files, altered control logic and manipulated information shown […]
Advanced Micro Devices has launched a rack-scale artificial intelligence platform built around its next-generation accelerators, processors and networking technology, stepping up its attempt to weaken Nvidia’s hold over the fast-expanding AI infrastructure market. The Helios system, unveiled at AMD’s Advancing AI event at San Francisco’s Moscone Center, is now in full production and is scheduled to begin shipping before the end of the third quarter of 2026. […]
Two China-linked supertankers carrying about four million barrels of Saudi crude have exited the Red Sea through the Bab el-Mandeb Strait, defying threats against vessels connected to the kingdom’s oil trade. The Xin Long Yang and Cosnew Lake completed the passage on Thursday after sailing south along Yemen’s coast. Their movement provided an important test of whether Saudi Arabia can continue using its Red Sea export route […]
Arabian Post Staff -Dubai Goldman Sachs has retained its forecast for Brent crude to average $80 a barrel in the fourth quarter of 2026, arguing that constrained Middle East supply should support prices if hostilities between the United States and Iran ease before the end of the year. The investment bank’s baseline projection assumes that geopolitical tensions will gradually subside and oil shipments through the Strait of […]
The US Federal Communications Commission has barred approvals for devices containing key Huawei-built components while opening 160 megahertz of upper C-band spectrum for advanced wireless services. The two decisions, adopted at the commission’s July 22 meeting, combine a tougher national security approach towards Chinese technology with an effort to accelerate 5G capacity and prepare networks for future 6G services. They could reshape electronics supply chains, mobile investment […]
Arabian Post Staff -Dubai Ras Al Khaimah Economic Zone has partnered with Fazaa to give eligible employees of registered companies access to membership benefits, discounts and services across the UAE. The agreement allows qualifying workers to subscribe through RAKEZ to Fazaa’s Silver, Gold and Platinum membership tiers. Benefits are available across healthcare, restaurants, retail, automotive services, beauty and wellness, furniture, property services and car rentals. RAKEZ will […]
Arabian Post Staff -Dubai DP World has agreed to develop and operate two new terminals in Fujairah under a 50-year concession, expanding the UAE’s cargo-handling capacity and creating a deep-water gateway with direct access to the Gulf of Oman. The agreement in principle with Fujairah Ports Authority covers the Al Rugaylat container and multi-purpose terminal and the Dibba General Cargo terminal. The projects will be developed in […]
The United States and Saudi Arabia have signed a landmark civil nuclear co-operation agreement that could eventually allow the kingdom to enrich uranium, opening a new chapter in their strategic partnership while intensifying concerns over nuclear proliferation in the Middle East. US Energy Secretary Chris Wright and Saudi Energy Minister Prince Abdulaziz bin Salman signed the accord in Washington on Wednesday. The agreement, known as a Section […]
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