Abu Dhabi sovereign investor Mubadala is reviewing a potential commitment to a private equity project fund seeking to acquire control of MNC Solution, a listed South Korean defence components maker, in a deal that would deepen Gulf exposure to Seoul’s expanding weapons supply chain. The proposed investment would be made through a fund being assembled by Korea Investment & Securities Co. Partners Private Equity Division, which was […]
Emaar Properties has pushed back the tendering process for Dubai Creek Tower by about three to four months, delaying the next major step in one of Dubai’s most closely watched landmark projects as port closures disrupt construction-material costs and pricing assumptions. The postponement affects the main tender for the redesigned tower at Dubai Creek Harbour, a project that has been on the market’s radar since its original […]
A new botnet campaign has compromised more than 4,300 ageing routers, turning mainly unsupported D-Link devices into a distributed network for scanning, proxying and preparing future cyber intrusions. The malware, named AryStinger by threat researchers, has been observed targeting routers built around RTL819X-series chipsets, a generation widely used in consumer and small-office networking equipment from roughly 2012 to 2015. The affected devices are led by D-Link DIR-850L […]
Arabian Post Staff -Dubai Abu Dhabi-listed Burjeel Holdings has launched a $1.5 billion senior unsecured sukuk programme on the London Stock Exchange’s International Securities Market, giving the healthcare group a new funding platform as it pushes into specialised care, research, digital transformation and AI-enabled medical services. The programme, established through Burjeel Sukuk Limited, marks one of the group’s most significant capital-market steps since its Abu Dhabi Securities […]
DUBAI, UNITED ARAB EMIRATES – Media OutReach Newswire – 23 June 2026 – NAMAA, a real estate technology group that builds infrastructure to scale food delivery and production and a part of the wider ATOMS Group, has publicly introduced its Middle East food infrastructure portfolio. Since 2019, the company has quietly acquired and developed 150 facilities across the region, each designed to serve a distinct function within the food and beverage (F&B) ecosystem. With a clear sense of where the market is heading, NAMAA is now ready to share what has been built and where it is going next.
A Deliberate Approach to Foundation-Building
From the outset, NAMAA chose to focus its energy on fundamentals: understanding the regional landscape, forging meaningful partnerships, and putting physical infrastructure in place. That groundwork has since translated into a portfolio of facilities spanning Saudi Arabia, the UAE, Kuwait, and Bahrain. The portfolio currently comprises three core offerings:
Significant and Sustained Investment
In 2025, NAMAA deployed close to $100 million across the Middle East, directed entirely towards expanding its footprint, supporting existing operators, and responding to the sustained demand it continues to see across markets. That investment is not slowing.
Dubai, in particular, has become a focal point. In 2026, NAMAA plans to invest approximately $40 million into the emirate alone, a marked increase from the $28 million committed there in 2025. It is a market NAMAA has come to regard as one of the most dynamic in the region: fast-moving, receptive to new models in food and logistics, and broadly supportive of the kind of infrastructure-led approach the company brings.
A Region at an Inflexion Point
The Middle East’s food landscape is shifting. Consumer demand is rising, supply chains are being rethought, and resilience has become a genuine priority for operators and governments alike. Against that backdrop, NAMAA sees a clear and enduring role for dedicated infrastructure not as a complement to the broader ecosystem, but as its foundation.
For NAMAA, the region is not just a deployment target. It is a long-term commitment that is built around empowering operators, supporting businesses of all sizes, and ultimately serving the communities these food systems exist to feed.
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NAMAA is a leader in driving the growth of digital food solutions, quick commerce, and the underlying real estate foundations. The founding members have been laying the groundwork in the region since 2019, guided by a philosophy centred on developing infrastructures that give consumers fast and dependable access to meals, groceries, and essentials. Part of the wider ATOMS Group, the company has since grown into a multi-sector network with operations spanning the Middle East. Among its portfolio is KitchenPark, a commercial kitchen network providing CloudKitchens® facilities and CPUs across Saudi Arabia, the UAE, Kuwait, and Bahrain, as well as bespoke culinary infrastructure builds and quick-commerce-ready facilities.
Keir Starmer has said he will resign as prime minister, triggering a Labour leadership contest and setting Britain on course for its seventh head of government since the 2016 Brexit referendum. Starmer announced on Monday, June 22, that he would oversee an orderly transfer of power and remain in Downing Street until Labour chooses a successor, expected by September. His decision ends a premiership that began with […]
Arabian Post Staff -Dubai Botim Money has launched IBAN-enabled wallets in the UAE, allowing eligible users to receive salaries, direct deposits and domestic bank transfers directly inside the Botim app. The service gives qualifying customers a Virtual IBAN in their own name, extending regulated account access to segments of the population that have often relied on cash wages, exchange houses or limited-purpose wallets. The rollout has been […]
AryStinger, a newly analysed botnet family, has compromised more than 4,000 outdated routers and begun turning ageing network devices into covert infrastructure for reconnaissance, intranet scanning and traffic tunnelling. The campaign highlights a shift in botnet use from crude denial-of-service activity towards stealthier pre-intrusion work, where hijacked routers and network-attached storage appliances act as relay points between attackers and intended targets. Security analysts say the malware helps […]
United States and Iranian negotiators ended their first round of high-level talks in Switzerland on Monday with an agreement to pursue a final settlement within 60 days, easing immediate fears of a wider regional confrontation after a volatile opening shaped by threats, maritime disruption and pressure from Gulf mediators. A joint statement by Qatar and Pakistan said the two sides had accepted a roadmap for technical negotiations, […]
Apple is set to work with Intel on designing and manufacturing chips in the United States, President Donald Trump said, signalling a potential breakthrough for Intel’s foundry ambitions and a fresh shift in Washington’s effort to bring advanced semiconductor production closer to home. The announcement, made through Trump’s social media account, has not yet been publicly confirmed by either Apple or Intel. Both companies have declined to […]
Abu Dhabi National Oil Company has opened another spot crude tender, offering buyers the option to load cargoes inside the Strait of Hormuz as Gulf exporters test confidence in a shipping route still shadowed by security, insurance and transit concerns after an interim U. S.-Iran peace arrangement. The tender, issued on Friday, covers Upper Zakum, Umm Lulu and Das crude for June, July and August loading, with […]
With participants from places including Hong Kong, the Chinese Mainland, Australia, the United Kingdom, Austria, Indonesia, Singapore and Thailand, the event aimed to foster closer co-operation in emergency linkage, resource sharing, and professional training among different regions.
The symposium featured a series of plenary sessions, panel discussions, technical visits, and live demonstrations jointly conducted by the GFS and various government emergency units. A number of memoranda of understanding were signed during the event, to deepen collaboration between the GFS and the Chinese Mainland as well as domestic and international emergency, aviation, and medical institutions.
Speaking at the opening ceremony, the Under Secretary for Security, Michael Cheuk, said that the challenges of emergency response as a result of the realities of climate change are evolving at an unprecedented pace.
“A shift to proactive prevention, continuous enhancement of international and cross-regional collaboration, and enhanced experience and insight sharing among stakeholders are key to rising to new and complex challenges,” Mr Cheuk said, adding that the collaborative spirit of ISERAS will forge stronger partnerships, further strengthen emergency response capabilities, and secure a safer future for communities.
The Director General of the Rescue and Salvage Bureau of the Ministry of Transport of the People’s Republic of China (CRS), Wang Lei, also attended the symposium and delivered a keynote presentation on air rescue capabilities and strategic development in the South China Sea.
The symposium concluded with an interdepartmental counter-terrorism drill and exchange session, with the participation of the GFS, the Hong Kong Police Force and the Hong Kong Fire Services Department, showcasing Hong Kong’s professional capabilities in responding to terrorist attacks.
The Controller of the GFS, Captain Eddie Liu, said that the GFS has always played an important role in emergency response and rescue. “In addition to assisting in search and rescue, providing air ambulance and other emergency aeromedical services, the GFS also shoulders the responsibility of maintaining internal security of the HKSAR,” he said.
“In emergencies such as terrorist attacks, the GFS would make rapid deployment to assist the disciplined services in conducting air assault, offering all-round support to the HKSAR Government’s overall counter-terrorism efforts.”
Since its establishment in 1993, the GFS has served at the forefront of round-the-clock search-and-rescue and emergency aeromedical operations, while the ISERAS aims to collectively build a truly transnational pool of professional expertise, thereby underscoring Hong Kong’s status as an aviation hub for emergency response in Asia.
Hashtag: #HongKong #BrandHongKong #GFS #Emergency #Response #Aeromedical #Symposium
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Brussels has narrowed its artificial intelligence infrastructure plan by opening the way for smaller and phased data centre projects, signalling a more cautious approach to Europe’s bid to compete with the United States and China in advanced computing. The European Union’s tender framework for AI gigafactories now allows bidders to propose facilities that can grow in stages rather than committing immediately to the largest scale originally envisaged. […]
Dubai’s main commodities exchange is preparing to launch a same-day settlement gold contract on Monday, seeking to strengthen the emirate’s role in bullion trading as investors, dealers and refineries demand faster execution, tighter price certainty and reliable access to physical delivery. The Dubai Gold and Commodities Exchange, part of Dubai Multi Commodities Centre, will introduce the Gold Spot T+0 Contract for bullion dealers, refineries, brokers, clearing members […]
Welcoming the report, a spokesperson for the Hong Kong Special Administrative Region (HKSAR) Government said, “The World Competitiveness Yearbook (WCY) 2026 reaffirms Hong Kong as one of the most competitive economies in the world, and notes that Hong Kong’s rise to second sustains the strong upward trajectory from 2024 and 2025.”
In announcing the results, the IMD noted that, amid rising geopolitical tensions, competitive advantage hinges on credible institutions, predictable rules, enforceable commitments and public trust.
According to WCY 2026, Hong Kong’s rise reflects sustained performance across the four competitiveness factors measured. Among these factors, Hong Kong ranks second in “Government efficiency” and third in “Business efficiency”. “Infrastructure” and “Economic performance” rank eighth and 11th respectively.
As regards the various competitiveness sub-factors, Hong Kong tops the rankings in “Tax policy” and “Business legislation”, ranks second in “Finance”, third in “International trade”, “International investment”, “Management practices” and “Education”, and fourth in “Public finance” and “Basic infrastructure”.
“In the competitiveness factor ‘Government efficiency’, Hong Kong continues to rank second globally, reflecting the HKSAR Government’s ongoing efforts to promote free and open, stable, predictable and business-friendly economic policies, as well as the international community’s trust in Hong Kong’s legal and regulatory environment,” the spokesperson said.
“Hong Kong’s ‘Business efficiency’ is ranked third globally, reflecting the strong support for industry development rendered by our robust financial ecosystem, as well as the seamless alignment of the city’s business practices and environment with international best standards.”
Amid rapidly evolving geopolitical dynamics, Hong Kong, with its close connectivity to both the Chinese Mainland and the world under the “one country, two systems” principle, and its sound institutions, open markets and sustained investments in innovation, has become a “value hub” that offers both security and growth opportunities.
In fact, Hong Kong continues to excel in various international rankings including those for economy, finance, and talent. The International Monetary Fund has also given positive recognition to Hong Kong in recent months, and major credit rating agencies have successively reaffirmed Hong Kong’s credit ratings and ‘stable’ outlook.
“All these echo the WCY 2026 results,” the spokesperson said.
Currently, Hong Kong is formulating at full speed its first Five-Year Plan, to proactively align with the National 15th Five-Year Plan.
“With the staunch support of our country, the HKSAR Government will work together with all sectors of society to strengthen our role and function as a ‘super connector’ and ‘super value-adder’, with a view to better integrating into and serving the overall national development, achieving our own high-quality development, creating more new room for development for our people and businesses, as well as opening up new opportunities for global investors and enterprises,” the spokesperson said.
Hashtag: #HongKong #BrandHongKong #Global #Competitiveness
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HONG KONG SAR – Media OutReach Newswire – 18 June 2026 – The Chinese University of Hong Kong (CUHK) has been ranked 18th globally in the latest Quacquarelli Symonds (QS) World University Rankings 2027, climbing 14 places from 32nd in the previous year and entering the global top 20 for the first time. This achievement reflects CUHK’s steady progress in the global higher education landscape, with notable improvements across multiple indicators, including employer reputation, international research network, international student ratio, and faculty student ratio. The University once again achieved a full score in the international faculty ratio, reinforcing its position as a leading research university in Asia with global recognition.
Professor Dennis Lo Yuk-ming, CUHK’s Vice-Chancellor and President, said: “CUHK’s entry into the global top 20 marks a significant milestone in the University’s development and stands as a testament to the collective efforts of our faculty, students, alumni, and partners over the years. Rooted in Hong Kong, China’s most international city, CUHK is committed to the education of outstanding students and scholars from across the globe with a dynamic environment that integrates academic excellence, cultural diversity, and innovation. The notable rise in employer reputation underscores the effectiveness of CUHK’s collegiate system and liberal arts education, combined with the strengths of a research university. We are dedicated to nurturing a new generation of leaders with independent thinking, cross-cultural perspectives and a strong sense of social responsibility, enabling them to excel across diverse fields. CUHK is also a global hub for academic excellence that brings together top scholars from around the world. The full score in the international faculty ratio once again highlights our sustained strength in attracting world-class talent.”
“Looking ahead, with the forthcoming launch of the CUHK Strategic Plan 2026–2030, we will deepen our strategic partnerships with leading universities, industries, and government organisations. By advancing impactful research and knowledge transfer, we aim to collaborate in addressing the common challenges facing humanity. We extend our sincere gratitude to the HKSAR Government, our nation and partners across sectors for their steadfast support, and warmly invite outstanding students, scholars, and collaborators from around the world to join us in shaping the next chapter of higher education.”
The 2027 rankings assessed the performance of over 1,500 universities worldwide. CUHK showed substantial improvement across several indicators, including:
This year’s ranking represents CUHK’s best performance since the introduction of the QS World University Rankings in 2010. Building on this milestone, the University will continue to enhance the quality of teaching and learning, strengthen its global academic networks and research impact, to nurture outstanding talent for China and the international community.
For QS World University Rankings 2027, please click here for more details.
Hashtag: #CUHK #QS #Rankings
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Founded in 1963, The Chinese University of Hong Kong (CUHK) is a leading comprehensive research university with a global reputation and world-leading rankings. Located in the heart of Asia, CUHK has a vision and a mission to combine tradition with modernity, and to bring together China and the West. Under the University’s unique collegiate system, the programmes and activities offered by its nine colleges complement the formal curricula by delivering whole-person education and pastoral care. The University has eight faculties: Arts, Business Administration, Education, Engineering, Law, Medicine, Science, and Social Science. Together with the Graduate School, the University offers over 300 undergraduate and postgraduate programmes. All faculties are actively engaged in research in a wide range of disciplines, with an array of research institutes and research centres specialising in interdisciplinary research of the highest quality.
Washington and Tehran have published the text of an interim agreement signed by their presidents to halt a wider Middle East war, even as President Donald Trump warned that the United States could resume strikes and target Iranian officials if Tehran failed to meet its commitments. The 14-point memorandum, signed on Wednesday by Trump and President Masoud Pezeshkian, extends an earlier ceasefire for 60 days and opens […]
Gulf economies are forecast to stage a sharp rebound in 2027 after a conflict-driven contraction this year, as energy exports recover, travel demand returns and business confidence improves across the six-member Gulf Cooperation Council. The latest ICAEW-Oxford Economics Economic Insight report projects GCC gross domestic product to shrink 2.4 per cent in 2026, before expanding 8.1 per cent in 2027. The forecast marks one of the starkest […]
Moscow’s Tagansky District Court has fined Google for failing to remove Google Maps pages for several Moscow liquor retailers, after regulators alleged the listings carried information linked to distance sales of alcohol, a category prohibited under Russia’s rules on alcohol circulation. The penalty, issued in October 2025, became clearer through appeal materials dated 29 April 2026, when Moscow City Court upheld the lower court’s ruling. The amount […]
Greenlogue/AP Dubai returned 23 rescued sea turtles to the Arabian Gulf, including a one-flipper survivor named Foxy whose release marked a fresh milestone in the emirate’s two-decade marine conservation effort. The release, staged from the Dubai coastline ahead of World Sea Turtle Day on June 16, brought together 22 green turtles and one hawksbill turtle after months of rehabilitation. Foxy, a green turtle that had lost a […]
This marks the third year that Fortune has published its Southeast Asia 500 ranking. The list ranks companies based on total revenue across seven countries in the region, including Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
According to Fortune, Vingroup ranked as the No. 1 private enterprise in Vietnam and No. 26 among the 500 largest companies in Southeast Asia. This year’s Southeast Asia 500 recognizes companies that are well positioned to capitalize on shifts in global supply chains and the rapid growth of strategic industries such as electric vehicles and artificial intelligence.
In addition to its scale of assets, Vingroup was highly recognized for its financial performance and operational efficiency. According to Fortune, in 2025, Vingroup recorded revenue of USD 12,760.6 million, representing year-on-year increases of 69.1% compared to the figures reflected in the 2025 ranking. Vingroup recorded net profit of USD 436.5 million and total assets of USD 42,536.4 million.
Vingroup is a diversified conglomerate operating across Industrials – Technology, Real Estate and Services, Infrastructure, Green Energy, Culture and Social Enterprises.
Within the Industrials – Technology pillar, VinFast reinforced its leading position in Vietnam’s automobile and electric two-wheeler markets while continuing its global expansion.
In 2025, VinFast delivered nearly 200,000 electric vehicles worldwide, up 102% year-on-year. The result exceeded the Company’s 2025 target and marked the highest annual delivery volume since its inception. In the first quarter of 2026, VinFast delivered 58,577 electric vehicles across all markets, representing a further 61% increase compared with the same period last year.
Within the Real Estate and Services pillar, Vinhomes maintained its market-leading position with 32 residential developments in operation, home to approximately 650,000 residents. In 2025, Vinhomes recorded contracted sales of VND 205.3 trillion, up 98% year-on-year, with more than 34,000 units delivered. Its unrecognized contracted sales backlog reached VND 186.4 trillion, providing a solid foundation for future growth. Consolidated net revenue totaled VND 153.3 trillion, up 49.8% from 2024, while net profit after tax reached VND 43.3 trillion, up 23.6% year-on-year and exceeding the Company’s annual target.
In 2026, Vinhomes launched a series of large-scale urban developments across Vietnam, including the 6,200-hectare Vinhomes Global Gate Ha Long in Quang Ninh Province, the 512-hectare Vinhomes Hai Van Bay in Da Nang, and the 1,080-hectare Vinhomes Saigon Park in Ho Chi Minh City. These developments are expected to reshape Vietnam’s urban landscape while contributing to the sustainable growth of the real estate market.
Meanwhile, Vinpearl continued to lead Vietnam’s hospitality, tourism and entertainment sector, operating 60 facilities across 20 provinces and cities. Its ecosystem includes more than 17,500 rooms across a network of five-star hotels and resorts; 15 VinWonders theme parks; six championship golf courses; and three international-standard convention centers and theaters under the VinPalace brand. The portfolio also features two semi-wildlife conservation parks and an equestrian academy. In addition, Vinpearl’s signature live-action performances in destinations such as Nha Trang and Phu Quoc attract millions of visitors each year.
Within the Infrastructure pillar, VinSpeed has commenced construction of Vietnam’s first two high-speed rail projects: the Ben Thanh – Can Gio line in Ho Chi Minh City and the Hanoi – Quang Ninh line. Launched in April 2026, the Hanoi – Quang Ninh route is the country’s first interregional high-speed railway project. Beyond creating a powerful growth engine for Northern Vietnam’s key economic region, the project represents an important step toward enhancing the nation’s long-term competitiveness.
Within the Green Energy pillar, VinEnergo announced its expansion plans across Asia and Europe, supported by a renewable energy project pipeline with a total capacity of 10 GW that has already secured development agreements. In Vietnam, the company has obtained investment registration certificates for four renewable energy projects.
Within the Social Enterprises pillar, VinUniversity became the youngest university in Vietnam to receive the FIBAA Quality Seal in March 2026. In healthcare, Vinmec inaugurated its 10th hospital, spanning over 31,000 sqm, with 114 inpatient beds and a designed capacity of 135,000 patient visits annually.
At the end of 2025, Vingroup launched its Culture pillar to preserve and promote Vietnamese cultural values and bring them to the world. In May 2026, the Group introduced V-Film, a film and television production and distribution company, with the goal of supporting the development of a professional, modern, and globally integrated Vietnamese film industry.
Looking ahead, Vingroup remains committed to accelerating its core business activities, leveraging the strengths of its diversified ecosystem, enhancing operational efficiency, and expanding its international presence. Through these efforts, the Group aims to achieve its 2026 targets while further strengthening its position as one of the region’s leading enterprises.
Hashtag: #Vingroup
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NVIDIA has patched three high-severity vulnerabilities in its NeMo Framework, including a Linux command-injection flaw that could let low-privileged attackers run code, escalate access, alter data or expose information on affected AI development systems. The June security update covers NeMo Framework versions from 0.0 through 2.7.2, with users advised to move to version 2.7.3 or later. The flaws are tracked as CVE-2026-24155, CVE-2026-24252 and CVE-2026-24228, each carrying […]
Arabian Post Staff -Dubai Doha’s 12th Islamic Finance Conference opened on Tuesday with artificial intelligence moving from a technology sidebar to the centre of debate over Shariah-compliant banking, waqf, zakat and digital markets. The one-day gathering at Al Majlis Hall in the Sheraton Grand Doha was held under the patronage of Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani, Prime Minister and Minister of Foreign Affairs, and carried […]
Pinterest has committed US$4 billion to Amazon Web Services through 2031, expanding a long-running cloud partnership as the visual discovery platform accelerates artificial intelligence tools for search and shopping. The agreement, announced on 4 June, is the largest infrastructure commitment in Pinterest’s history and places AWS custom silicon at the centre of the company’s next phase of product development. Pinterest plans to increase its use of AWS […]
