News related to
Investment

MARA Holdings sold about 23,093 bitcoin for $1.6 billion during the first half of 2026, marking a major reversal from the cryptocurrency miner’s earlier strategy of accumulating and retaining virtually all the bitcoin it produced. The figure, disclosed in the company’s quarterly regulatory filing, represents cumulative sales during the six months ended June 30 rather than a single transaction carried out on Monday. Social-media posts describing the […]

Turkey has signalled that Egypt could join the Mecca Joint Defence Agreement, widening a new security arrangement with Saudi Arabia and Pakistan that carries a collective-defence commitment resembling NATO’s Article 5. Turkish Foreign Minister Hakan Fidan said President Recep Tayyip Erdogan wanted the three-country alliance to expand and identified Egypt as a potential participant once outstanding technical issues were resolved. His comments have shifted attention towards Cairo […]

Arabian Post Staff -Dubai Qatar’s inward foreign direct investment rose 3.3% in the first quarter of 2026 to QAR172.2 billion, while the country’s investments abroad climbed 3.5% to QAR221.7 billion, strengthening signs of expanding cross-border capital activity. The figures, covering January to March, show foreign investment positions increasing on both sides of Qatar’s balance sheet as Doha pursues a strategy of attracting international capital while expanding its […]

Taiwan’s cabinet is preparing to raise defence spending by about 16 per cent in 2027, pushing total security-related expenditure above NT$1 trillion for the first time as Taipei accelerates military modernisation amid sustained pressure from Beijing.

The proposed allocation is expected to exceed NT$1.1 trillion, or roughly US$34 billion, when broader defence-related spending is included. The package is due to be unveiled on August 20 and will cover the armed forces as well as expenditure linked to the coast guard, veterans and special military programmes.

The increase would maintain Taiwan’s defence expenditure above 3 per cent of gross domestic product, extending a shift towards substantially higher military budgets under President Lai Ching-te. Taipei has been expanding funding for weapons, ammunition, drones, missile systems, naval platforms and military infrastructure as China strengthens its forces across the Taiwan Strait.

Taiwan’s 2026 defence expenditure calculated under a broader methodology covering coast guard spending and military pensions stands at NT$949.5 billion, equivalent to about 3.32 per cent of GDP. The Ministry of National Defence’s own allocation is NT$806 billion, NT$161.1 billion higher than the previous year.

Lai has set a longer-term objective of raising defence expenditure to 5 per cent of GDP by 2030, arguing that Taiwan must demonstrate greater capacity to defend itself while adapting to China’s rapid military expansion. The policy also responds to pressure from Washington for Taipei to shoulder a larger share of the cost of deterring an attack.

The spending expansion comes as Taiwan conducts its annual Han Kuang exercises, which this year involve large-scale simulations of invasion, blockade, cyber disruption and attacks on critical infrastructure. About 20,000 reservists have been mobilised as the military tests decentralised command, communications under disrupted conditions and stronger integration between civilian agencies and the armed forces.

Taiwan is placing greater emphasis on asymmetric capabilities designed to make a cross-strait assault costly. Drones, mobile missile launchers, sea-denial weapons and dispersed command systems have become important elements of planning. Military exercises have also incorporated lessons from conflicts in Ukraine and the Middle East, where inexpensive unmanned systems have demonstrated their ability to damage far more costly military assets.

The island is developing its domestic defence industry alongside purchases from the United States. Projects include locally built submarines, missiles and unmanned systems, while American arms orders include F-16V fighters, HIMARS rocket launchers, torpedoes and stand-off weapons. Some deliveries have been delayed because of production and supply-chain constraints, although parts of the HIMARS programme have moved ahead of schedule.

Political approval remains an important hurdle. Taiwan’s opposition-controlled legislature has challenged parts of Lai’s military programme and previously reduced or delayed special defence spending proposed by the administration. Lawmakers in May approved additional defence expenditure worth about US$25 billion, substantially below the amount originally sought by the government.

Those disputes are likely to shape scrutiny of the 2027 proposal once the cabinet sends the wider government budget to parliament. The administration argues that higher expenditure is necessary because military preparedness requires long-term procurement, stockpiling and infrastructure investment rather than emergency spending after a crisis emerges.

China claims Taiwan as part of its territory and has not ruled out the use of force to bring the democratically governed island under its control. Taipei rejects Beijing’s sovereignty claim. Chinese aircraft, naval vessels and coast guard ships operate regularly around Taiwan, while Beijing has repeatedly staged major exercises intended to demonstrate its ability to surround or blockade the island.

Beijing has also continued expanding its own military budget. China announced a 7 per cent increase in defence expenditure for 2026, taking officially declared spending to about US$283 billion, leaving a wide financial and numerical gap between the People’s Liberation Army and Taiwan’s forces.

Arabian Post Staff -Dubai Qatari Diar has launched the first phase of its $29.7 billion Alam Al Roum development on Egypt’s North Coast, advancing one of the largest integrated real estate and tourism investments planned along the Mediterranean. Egyptian Prime Minister Mostafa Madbouly attended the launch at the project site alongside senior government officials and Qatari Diar executives. The development is being implemented in partnership with Egypt’s […]

Arabian Post Staff -Dubai Saudia ranked as the world’s most punctual global airline for a third consecutive month in July, maintaining its operational lead despite the pressures of the peak summer travel season. The carrier recorded an on-time arrival rate of 87.24% across 16,406 flights during the month. The performance extended a run that began in May and continued through June, giving the Jeddah-based flag carrier three […]

Iranian lawmakers are scrutinising the final wording of a proposed maritime agreement with Oman over the Strait of Hormuz as US President Donald Trump says negotiations are advancing towards a deal that could restore commercial shipping through the strategic waterway. Trump said the discussions were “moving along” when questioned by reporters at the White House late Thursday, offering no further details. Tehran has separately indicated that an […]

Advertisements

Arabian Post Staff -Dubai UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Russian President Vladimir Putin have discussed strengthening bilateral cooperation while calling for intensified diplomatic efforts to ease tensions across the Middle East. The two leaders held a telephone conversation on Friday, reviewing cooperation under the UAE-Russia strategic partnership and reaffirming their commitment to expanding ties in areas of mutual interest. Their discussions […]

Arabian Post Staff -Dubai Dubai Police have launched Horizon X, a new initiative aimed at turning future opportunities into practical projects that can strengthen institutional readiness and advance the force’s approach to next-generation policing. The initiative is designed to provide a structured pathway for identifying emerging opportunities, developing innovative responses and moving promising concepts towards implementation. Its introduction extends Dubai Police’s wider effort to make foresight, technology […]

A charity games bundle organised by Necrosoft Games is approaching its $200,000 fundraising goal, offering financial assistance to developers and other industry workers struggling after widespread job losses across the video game sector. The Game Industry Hardship Fund bundle, sold through itch. io for a minimum contribution of $10, has gathered momentum since launching at the end of July. The collection brings together more than 100 games […]

HONG KONG SAR – Media OutReach Newswire – 7 August 2026 – Henderson Sunlight Asset Management Limited (the “Manager“) announces the interim results of Sunlight REIT for the six months ended 30 June 2026 (the “Reporting Period“).

For the Reporting Period, Sunlight REIT recorded revenue of HK$382.4 million, a year-on-year decline of 2.2%. After deducting property operating expenses of HK$82.7 million, net property income came in at HK$299.7 million. Aided by a 7.9% saving in cash interest expense to HK$84.3 million, distributable income for the Reporting Period was HK$164.0 million, a 2.7% drop from the corresponding period in the previous year.

The Board has resolved to declare an interim distribution per unit of HK 8.8 cents, representing a payout ratio of 94.3% and an annualized distribution yield of 8.1% based on the closing unit price of HK$2.16 on the last trading day of the Reporting Period.

The appraised value of Sunlight REIT’s portfolio was HK$17,118.1 million at 30 June 2026. Gross assets and net assets of Sunlight REIT were HK$17,728.3 million and HK$12,168.2 million respectively, and the net asset value per unit was HK$6.92.

Operating Highlights

At 30 June 2026, the overall occupancy rate of Sunlight REIT’s portfolio stood at 90.8%. Occupancy rates of the office and retail portfolios came in at 92.0% and 88.4% respectively, while their corresponding passing rents were HK$30.6 per sq. ft. and HK$62.2 per sq. ft., down 1.3% and 2.7% from six months ago.
Dah Sing Financial Centre, the flagship office property of Sunlight REIT, recorded an occupancy of 91.8%, while its passing rent stayed largely unchanged at HK$35.2 per sq. ft. Regarding the retail portfolio, the occupancy of Sheung Shui Centre Shopping Arcade came in at 86.9%, mainly attributable to the prolonged vacancy pending the replacement of a kindergarten tenant. Passing rent of this property was HK$98.2 per sq. ft. Meanwhile, Metro City Phase I Property reported an occupancy rate of 88.0%, while its passing rent was HK$52.0 per sq. ft.

Mr. Au Siu Kee, Alexander, Chairman of the Manager, said, “The sound financial position of Sunlight REIT provides a degree of assurance, as demonstrated by the favourable refinancing of over HK$3,600 million in debt facilities over the past 12 months. Meanwhile, we will prioritize strengthening operational resilience through disciplined cost management, prudent capital allocation and selective asset enhancement initiatives that support long-term value creation. In approaching its 20th listing anniversary, Sunlight REIT will endeavour to create sustainable value for the benefit of unitholders, while harnessing innovation and technology to bolster portfolio robustness and support future-ready asset management.”

Remarks: Attached financial highlights of 2026 interim results of Sunlight REIT.

Financial Highlights of 2026 Interim Results
(in HK$’ million, unless otherwise specified)

Six months ended

30 June 2026

Six months ended

30 June 2025

Change

(%)

Revenue 382.4 391.2 (2.2)
Net property income 299.7 307.4 (2.5)
Cost-to-income ratio (%) 21.6 21.4 N/A
Loss after taxation (124.1) (172.2) N/A
Distributable income 164.0 168.6 (2.7)
Distribution per unit (HK cents) 8.8 9.1 (3.3)
Payout ratio (%) 94.3 93.8 N/A
At 30 June

2026

At 31 December

2025

Change

(%)

Portfolio valuation 17,118.1 17,403.0 (1.6)
Net asset value 12,168.2 12,402.6 (1.9)
Net asset value per unit (HK$) 6.92 7.09 (2.4)
Gearing ratio (%) 28.3 27.8 N/A

Disclaimer: The information contained in this press release does not constitute an offer or invitation to sell or the solicitation of an offer or invitation to purchase or subscribe for units in Sunlight REIT in Hong Kong or any other jurisdiction.

Hashtag: #SunlightREIT #REIT

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

About Sunlight REIT

Listed on The Stock Exchange of Hong Kong Limited since 21 December 2006, Sunlight REIT (stock code: 435) is a real estate investment trust authorized by the Securities and Futures Commission, and constituted by the trust deed dated 26 May 2006 (as amended and restated) (the “Trust Deed”). It offers investors the opportunity to invest in a diversified portfolio of 11 office and six retail properties in Hong Kong with a total gross rentable area of approximately 1.3 million sq. ft. The office properties are located in both core and decentralized business areas, while the retail properties are situated in regional transportation hubs, new towns and urban areas with high population density.

About the Manager

The Manager of Sunlight REIT is an indirect wholly-owned subsidiary of Henderson Land Development Company Limited. Its main responsibility is to manage Sunlight REIT and all of its assets in accordance with the Trust Deed in the sole interest of its unitholders.

Coinbase has opened US stock trading to customers in the UK, accelerating its push beyond cryptocurrencies as the exchange seeks to become a broader financial platform spanning digital assets, equities, savings and borrowing. The service began rolling out progressively to eligible UK users on August 6, giving customers access to nearly 4,000 US stocks through the same Coinbase application used for crypto and fiat holdings. Trading is […]

Arabian Post Staff -Dubai Sharjah’s property market recorded AED7 billion in transactions during July, marking a 61.8% increase from AED4.4 billion in June as sales, mortgages and ownership registrations accelerated across the emirate. The number of transactions rose 25.3% month on month to 9,376, while the total area covered by sales transactions reached about 27.2 million square feet. The figures extend the strong performance seen during the […]

Tether is expanding its asset-tokenisation business into Saudi Arabia, beginning with institutional real estate as the stablecoin group deepens its move into blockchain-based financial infrastructure beyond its core USDT franchise. The company’s Hadron platform will provide the technology needed to issue and manage tokenised property assets for institutional investors. Riyadh-based First Data will serve as issuer and market operator, while fintech company BKN301 will connect the system […]

China has launched a cybersecurity review of products made by Palo Alto Networks, widening its scrutiny of US technology suppliers as trade and security tensions with Washington intensify. The Cyberspace Administration of China said the review was intended to identify risks that could affect the country’s critical information infrastructure, network security and national security. The regulator did not specify which products were being examined, how long the […]

A tentative deal between Iran and Oman on shipping through the Strait of Hormuz is being treated in some quarters as the moment the year’s biggest energy risk finally eases. I believe that investors would be wise to treat it with considerably more caution than that. The scale of what is at stake in this waterway is hard to overstate. In a normal year, roughly 20 million […]

Aramex reported record quarterly revenue of Dh1.83 billion for the three months ended June 30, 2026, as freight-forwarding demand and flexible routing helped the logistics group navigate regional transport disruption. Second-quarter revenue increased 22 per cent from Dh1.50 billion a year earlier, marking the highest quarterly total in the company’s history. May and June also produced record monthly revenue figures. Net profit rose to Dh47.4 million, compared […]

Moonlighter is available free to keep on Steam until 9 August, giving players permanent access to the shopkeeping dungeon crawler once it has been added to their accounts. The limited-time offer marks a 100% reduction on the action role-playing game, which normally sells as a paid title. Players need only sign into Steam, visit the Moonlighter store page and select “Add to Account” before the promotion expires. […]

African technology developers are increasingly adopting Chinese artificial intelligence models as lower costs, open access and easier customisation reshape competition with more powerful proprietary systems developed in the United States. Models from Alibaba, DeepSeek and Beijing-based Moonshot AI are becoming widely used foundations for applications in education, agriculture, healthcare and financial services. Their appeal is strongest among start-ups and research teams working with limited computing capacity, constrained […]

Aave founder Stani Kulechov has opposed a proposed change to Ethereum’s monetary policy, warning that cutting validator rewards as staking expands could weaken decentralised finance, deter investors and undermine ether’s appeal as a productive asset. The disputed plan, initially circulated as EIP-8361 and subsequently renumbered EIP-8363, would introduce a “tapered issuance burn”. It would destroy an increasing share of the newly issued ether allocated to validators as […]

Tether’s gold-backed digital asset XAU₮ has received Shariah compliance certification, widening its potential use among Islamic banks, institutional investors and individuals seeking digitally accessible exposure to physical bullion. The certification was issued by Amanah Advisors, an Islamic finance consultancy led by scholar Mufti Faraz Adam. It found that the token’s structure complies with core Islamic finance principles, including real ownership of an underlying asset, transparent backing and […]

Dubai businessman Satish Sanpal has denied claims that UAE authorities ordered a temporary freeze on assets linked to him, his wife and several companies during a money laundering investigation. Sanpal, who appeared with his wife Tabinda Sanpal in the Netflix reality series Desi Bling, said no competent enforcement or regulatory authority had publicly announced action against him. UAE authorities had also issued no public comment confirming the […]

Dubai has ranked second worldwide in Boston Consulting Group’s inaugural Intelligent Cities Index, placing behind London and ahead of New York, Washington and Amsterdam. The benchmark assessed 61 major cities across 39 countries on how effectively they use artificial intelligence and digital technology to serve residents and businesses. Dubai received an overall score of 80, compared with London’s 85, and was classified among the five cities demonstrating […]

Arabian Post Staff -Dubai The Central Bureau of Investigation has secured the deportation of Vishakha Avinash Rathod from the United Arab Emirates over an alleged ₹88-crore investment fraud investigated by Pune Police. Rathod arrived in India on August 3 after UAE authorities acted on an Interpol Red Notice issued at the request of law-enforcement agencies. The operation was coordinated by the CBI, the Ministry of External Affairs […]

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA