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Arabian Post Staff -Dubai Dubai International Financial Centre has completed construction of DIFC Square and begun a phased handover of offices ahead of schedule, with the entire commercial space already leased, reflecting sustained demand from global financial institutions seeking a presence in the district. The development adds significant office capacity to the financial hub at a time when international banks, asset managers and advisory firms continue expanding […]

Signs of strain have emerged across the United States labour market after employers cut 92,000 jobs in February, pushing the unemployment rate to 4.4% and extending a decline in employment within the information sector that includes technology, media and telecommunications. Data released by the Bureau of Labor Statistics show the unexpected contraction followed a downward revision to earlier employment estimates and contradicted forecasts that had anticipated modest […]

Large holders of Ripple’s XRP token are shifting significant volumes of the digital asset while debate grows over whether blockchain networks could challenge the global payments infrastructure long dominated by SWIFT. Market observers say the movements signal strategic positioning by influential investors who see potential in cross-border payment technologies linked to XRP. Blockchain data analysed by market analyst Ali Martinez indicates that whales—addresses holding large quantities of […]

Ethereum has drawn a significant influx of stablecoin liquidity, with about $523 million flowing into the network over a short period, strengthening expectations that the digital asset could test a key resistance zone near $2,142 as trading momentum gathers pace across the broader cryptocurrency market. Blockchain data indicates that large transfers of dollar-pegged stablecoins into the Ethereum ecosystem have accelerated trading activity and boosted liquidity conditions on […]

Construction has begun on what is described as the world’s first industrial-scale facility dedicated to producing indium phosphide photonic chips, a move aimed at strengthening Europe’s strategic position in advanced semiconductors and next-generation computing technologies. The factory project, centred at the High Tech Campus Eindhoven in the Netherlands, marks a significant milestone for the region’s photonics sector and forms part of a broader effort to translate years […]

Movement of nearly 9,600 ether valued at about $19.5 million from digital asset firm Bitmine to wallets associated with Coinbase Prime has drawn attention across cryptocurrency markets, highlighting the growing influence of companies building large corporate treasuries around ether. Blockchain data shows two transactions executed on Tuesday moving the assets to Coinbase’s institutional platform, a development that market observers say reflects internal treasury management rather than clear […]

Bhutan has continued reducing its national bitcoin stockpile after transferring another tranche of digital assets valued at millions of dollars, extending a year-long drawdown that has cut the country’s sovereign holdings by more than half. Blockchain monitoring data shows that the Himalayan kingdom moved about 175 bitcoin in early March, worth roughly $11.8 million at prevailing market prices. The transaction forms part of a broader liquidation pattern […]

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HONG KONG SAR – Media OutReach Newswire – 10 March 2026 – Hong Kong Design Centre (HKDC) welcomes the 2026-27 Budget announced by the Financial Secretary which sets out, inter alia, the Government’s commitment to drive the development of Hong Kong’s cultural and creative industries, reinforcing the city’s position as a global creative hub.

HKDC Chairman, Mr Joseph Lo, remarked, ‘HKDC has long been committed to supporting local designers and enterprises, driving design to create business value for Hong Kong, and reinforcing the city’s position as a global creative hub. In alignment with Hong Kong’s integration into the national development agenda and the advancement of Guangdong-Hong Kong-Macao Greater Bay Area (GBA) collaboration under the 15th Five-Year Plan, we will continue to strengthen partnerships between Hong Kong’s design sector, the Chinese Mainland, and the international community, leveraging Hong Kong’s unique role as a “super connector” and “super value-adder”. Through flagship programmes, we foster cross-sectoral collaboration and design innovation, and are dedicated to transforming the DX design hub into a cultural landmark for visitors to Hong Kong, further enhancing the competitiveness and influence of the city’s design industry.’

HKDC believes that Hong Kong’s diverse cultural background, world-class cultural infrastructure, and global creative industry network will further reinforce the city’s leadership in the creative industries. Its annual flagship event, Business of Design Week (BODW), will continue to convene world-class designers, brand leaders, and entrepreneurs to foster cross-cultural and cross-disciplinary exchange and business collaboration. The project ‘DX GRAVITY’, developed with the GBA design industry, will promote cross-sectoral creative and commercial synergies.

Meanwhile, ‘Fashion Asia Hong Kong’ will strengthen ties among local, Chinese Mainland, and international fashion communities through strategic showcases, offering valuable opportunities for business growth and global exposure. Together, these initiatives highlight HKDC’s role as the premier platform enabling design brands to go global while attracting international talent and investment.

HKDC will continue to fully support government policy initiatives, working closely with industry stakeholders to advance Hong Kong’s cultural and creative industries, enhance global competitiveness, and position the city as a world‑class creative capital.

Hashtag: #HKDC

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

About Hong Kong Design Centre (www.hkdesigncentre.org)

Hong Kong Design Centre is a strategic partner of the HKSAR Government in leveraging the city’s East-meets-West advantage to create value from design.

The major programmes include Business of Design Week, DFA Awards, Fashion Asia Hong Kong and BODW In the City. Since 2024, we have also been operating the DX design hub in Sham Shui Po, dedicated to fostering emerging design talents and facilitating collaborations and exchanges in the design industry, as well as providing visitors an immersive experience through innovative exhibitions, fashion showcases and cultural events.

To achieve our goals, we:

  • Cultivate a culture of design
  • Bridge stakeholders to opportunities that unleash the power of design
  • Promote excellence in various design disciplines

About Cultural and Creative Industries Development Agency (www.ccidahk.gov.hk)

The Cultural and Creative Industries Development Agency (CCIDA), formerly known as Create Hong Kong (CreateHK) since 2009, was established in June 2024. CCIDA is a dedicated office under the Culture, Sports and Tourism Bureau of the Government of the Hong Kong Special Administrative Region (HKSAR Government) to provide one-stop services and support to the cultural and creative sectors with a mission to foster a conducive environment in Hong Kong to facilitate development of the arts, culture and creative sectors as industries. CCIDA’s strategic foci are nurturing talent and facilitating start-ups, exploring markets, promoting cross-sectoral and multi-disciplinary collaboration, promoting industrialisation of the arts, culture and creative sectors under the industry-oriented principle, and fostering a creative atmosphere in the community, thereby reinforcing Hong Kong as Asia’s creative capital and our positioning as the East-meets-West centre for international cultural exchange.

Disclaimer: The Government of the Hong Kong Special Administrative Region provides funding support to some of HKDC’s activities/projects only, and does not otherwise take part in such funded activities/projects. Any opinions, findings, conclusions or recommendations expressed in this publication and relevant materials/events (or by members of the project teams) are those of HKDC only and do not reflect the views of the Government of the Hong Kong Special Administrative Region, the Culture, Sports and Tourism Bureau, the Cultural and Creative Industries Development Agency, the CreateSmart Initiative Secretariat or the CreateSmart Initiative Vetting Committee.

Saudi Aramco reported a decline in full-year net profit for 2025, reflecting the impact of lower crude oil and petrochemical prices on the world’s largest energy producer. The company posted net profit of $93.38 billion for the year, an 11.6 per cent fall compared with the previous year. The drop was driven primarily by weaker revenues linked to softer global energy prices and lower returns from chemical […]

Arabian Post Staff -Dubai Abu Dhabi’s financial services ambitions expanded into the United States after Judan Financial, a subsidiary of International Holding Company, agreed to acquire a 50.1 per cent stake in Miami-based investment manager Alpha Wave Global, a firm overseeing about $29 billion in assets across multiple investment strategies. Announcement of the deal marks the first strategic investment by Judan Financial since its establishment as a […]

Business operations across major companies in the United Arab Emirates remain steady despite heightened geopolitical tensions across parts of the Middle East, with executives from several sectors emphasising strong balance sheets, diversified portfolios and resilient domestic demand as buffers against potential disruption. Statements issued by leading firms in aviation, energy, banking, logistics and real estate underline a common message: operations continue normally while financial fundamentals remain intact. […]

By Nantoo Banerjee The all-out war in West Asia, involving the US-Israel combine and Iran and covering 10 countries in the region, is expected to have a big economic backlash on India. At stake are India’s $120-billion trade in this region, huge oil imports, overall balance of payments, inflow of external investments, foreign repatriation and […]

The article Iran War Is Likely To Hit Indian Economy Hard appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Arabian Post Staff -Dubai   Rising geopolitical tensions linked to the Iran conflict could place Gulf banking systems under growing strain, with the potential to weaken asset quality and squeeze profitability if hostilities deepen, according to a fresh assessment by ratings analysts. Financial institutions across the Gulf Cooperation Council may face a deteriorating operating environment should the conflict expand or persist for a prolonged period, a development […]

Al-Futtaim BYD KSA has expanded its retail network in Saudi Arabia with the launch of three fully integrated showrooms in Abha, Khurais and Mall of Dhahran, signalling a broader push to strengthen the presence of electric and hybrid vehicles across the Kingdom. The openings form part of the company’s expansion programme for the first quarter of 2026 and underline a strategy aimed at widening access to new-energy […]

Concerns about the long-term security of Greenland have not disappeared despite the fading public rhetoric from U. S. President Donald Trump about acquiring the Arctic island, according to Canada’s Governor General, who warned that geopolitical interest in the territory remains strong and could resurface. Speaking during remarks on Arctic security and sovereignty, Governor General Mary Simon said the strategic importance of Greenland means questions surrounding control and […]

Oil’s sharp rise above the $100-a-barrel threshold has shaken global markets, yet digital asset markets have shown unexpected resilience, with bitcoin stabilising alongside segments of Wall Street as investors weigh the limited direct exposure of the United States economy to energy supply shocks. Crude prices surged after escalating tensions in the Middle East disrupted shipping routes and threatened flows through the Strait of Hormuz, a passage responsible […]

HONG KONG SAR – Media OutReach Newswire – 9 March 2026 – Celebrating a new generation of digital artists working across generative systems, AI, immersive media and experimental formats, with winners selected by a panel of leading experts and exhibited at Phillips’ Asia headquarters in the West Kowloon Cultural District during Hong Kong Art Basel Week 2026.

Refik Anadol, 'Sense of Healing', 2023, AI Data Sculpture (Courtesy of the Artist)
Refik Anadol, ‘Sense of Healing’, 2023, AI Data Sculpture (Courtesy of the Artist)

The awards ceremony will take place on 24 March 2026, featuring the four key categories of Still Image, Moving Image, Innovation and Experiential and followed by a private sale exhibition hosted by Phillips in Hong Kong, from 25–28 March 2026.

As a highlight of Hong Kong’s spring art calendar, the awards celebrate the growing cultural significance of digital art and spotlights the visionary artists redefining visual culture through cutting-edge technologies.

Thirty two international finalists will be selected for their work pushing the boundaries of digital creativity. Each of the four category winners will receive a $10,000 USDC commission towards a new artwork.

The thirty two finalists include several prominent figures in digital and generative art, such as Erick Calderon (Snowfro) Founder of Art Blocks, Botto, Sarah Meyohas, William Mapan, Sasha Stiles and Mario Klingemann – underscoring the calibre of talent the awards are already attracting with over two hundred applications across more than fifty countries.

Refik Anadol is nominated for the Honorary Career Award for Sense of Healing, an AI Data Sculpture that emerges from Refik Anadol Studio’s long-term research into creating meditative art based on neurological data.

Finalists and winners will be selected by a panel of leading experts in art, hospitality and technology, including Irini Mirena Papadimitriou, Exhibitions Director at Diriyah Art Futures, Thomas Heyne, Co-Founder and CEO at Scorpios, Dorothy di Stefano, Art Curator and Creative Strategist at Molten Immersive Art, Danielle So, Hong Kong Head of Auction, Modern & Contemporary Art, Phillips, Sebastien Borget, Co-Founder & Global of The Sandbox, SANDchain, President of Blockchain Game Alliance and Co-Founder of Artverse, Jean-Michel Pailhon, Co-Founder and Chief Investment Officer at Grailcapital, Simonida Pavicevic, Co-Founder and Curator at HOFA, Justin Gilanyi, Founder of WhereArt.Works and Curator at SILK, and Matt Zhang, Founder and Managing Partner at Hivemind Capital.

The Digital Art Awards are proudly backed by Lightyear, a subsidiary of Hivemind Digital Group. A full-stack digital culture partner, Lightyear provides infrastructure, liquidity and market expertise, and hands-on delivery for digital ownership and engagement across physical and digital experiences. Lightyear is committed to championing artists and organizations pushing the boundaries of digital culture.

Hashtag: #HOFA #PhillipsX

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

Arabian Post Staff -Dubai Dubai has approved a comprehensive public safety law aimed at strengthening community protection, regulating behaviour in public spaces and expanding the legal tools available to authorities to respond to emergencies and security threats. The legislation, announced by the government of Dubai, forms part of a broader effort to modernise policing powers while reinforcing the emirate’s reputation as one of the world’s safest cities. […]

Heavy selling by large Bitcoin holders while smaller investors accumulate has raised concern among market analysts that the cryptocurrency’s price decline could extend further, highlighting a divergence that has often signalled deeper volatility in past market cycles. Blockchain data shows large holders, commonly referred to as “whales,” have been reducing positions while smaller investors continue to buy during price dips. Analysts monitoring wallet activity say the pattern […]

Nvidia has indicated that its era of large-scale equity investments in leading artificial-intelligence developers may be drawing to a close, with chief executive Jensen Huang saying the company is unlikely to make further major financial commitments to OpenAI or Anthropic as both firms move closer to potential public listings. Speaking at a technology and telecom conference in the United States, Huang said Nvidia’s existing stakes in the […]

Arabian Post Staff -Dubai Network usage across the two holy mosques in Saudi Arabia has surged during the mid-Ramadan peak, highlighting the scale of digital demand generated by millions of worshippers and visitors converging on Makkah and Madinah. Telecommunications operator stc Group reported significant increases in data traffic and communication services at both sites, underscoring the growing role of advanced connectivity infrastructure in supporting large-scale religious gatherings. […]

Arabian Post Staff -Dubai SoftBank Group’s digital payments subsidiary PayPay has secured backing from major Middle Eastern sovereign wealth funds as anchor investors for its planned Nasdaq listing, signalling growing Gulf interest in Asian fintech assets and global digital payments infrastructure. PayPay Corporation is preparing to raise about $1.1 billion through an initial public offering in the United States, with the Abu Dhabi Investment Authority and a […]

Chinese electric vehicle manufacturer BYD has introduced a new generation battery technology designed to dramatically reduce charging times while extending driving range, marking a significant development in the global race to improve electric mobility. The company’s upgraded “Blade Battery 2.0” was presented as capable of delivering up to 1,000 kilometres of range on a single charge, while also supporting extremely rapid charging that could replenish a large […]

Arabian Post Staff -Dubai Authorities in Dubai confirmed that a small debris incident was swiftly contained with no injuries reported, reassuring residents and visitors that public safety remained intact while warning against the spread of unverified information circulating online. Officials stated that the incident involved falling debris from a structure in a busy district of the city, prompting an immediate response from emergency services and municipal authorities. […]

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