Arabian Post Staff -Dubai Oil prices steadied near $105 a barrel on Tuesday as Saudi Arabia restored substantial flows through its East-West pipeline, easing supply concerns while stalled US-Iran diplomacy kept a risk premium embedded in the market. Brent crude futures for November traded around $105.50 a barrel after settling at $105.28 on Monday, while US West Texas Intermediate was near $93. Prices had risen earlier as […]
Founded in 2022, Skyro has already established a strong presence in the Philippines, where it uses an AI-powered credit-scoring model designed to serve customers who may be underserved by traditional banks. Since its founding, the company has disbursed more than USD 600 million in loans, expanded its user base to more than 7 million and reached operating break-even in the first half of 2026.
Skyro plans to adapt the business model that has proven successful in the Philippines to the Malaysian market. The company enters Malaysia as the country’s consumer credit sector is undergoing significant regulatory reform, following the introduction of the Consumer Credit Act 2025 and the establishment of the Consumer Credit Commission.
Arsen Liametov, Co-founder and Co-CEO of Skyro, said:
“We use advanced AI-based scoring tools to provide convenient and intuitive credit products to people underserved by traditional banks. Our success in the Philippines gives us confidence in this approach, which we plan to adapt for other markets across Southeast Asia and beyond.”
With a population of around 35 million, Malaysia represents an important market for the expansion of digital financial services. While most of the population has access to bank accounts, consumers with limited credit histories or without verified income may find it difficult to obtain traditional bank loans. In the Philippines, Skyro uses AI and alternative data to assess creditworthiness, and it intends to apply a similar approach in Malaysia that has been adapted to local conditions and regulatory requirements.
Nasim Aliev, Co-founder and Co-CEO of Skyro, said:
“Ambitions shouldn’t have to wait. Across Southeast Asia, we see the same pattern: hardworking people are held back not by a lack of effort but by a temporary cash gap standing between them and a real opportunity. In Malaysia, we plan to develop credit products that give people a solution to this challenge while ensuring full control and transparency over their spending.”
Skyro plans to enter the Malaysian market with cash loans and intends to introduce further credit products in Malaysia over time. Skyro has also announced plans to expand into other markets, including Saudi Arabia, and to build an ecosystem of financial products.
Hashtag: #Skyro
The issuer is solely responsible for the content of this announcement.
Skyro is a high-growth, digital-first fintech group delivering scalable, responsible financial access across high-potential emerging markets. Powered by proprietary data science, AI-driven credit decisioning, and alternative-data scoring, the company combines a mobile-native experience with modular fintech architecture to serve underserved client segments at scale.
As of 2026, Skyro has a registered user base of more than 7 million and a credit portfolio exceeding USD 200 million. The company’s ambition is to become a leading full-spectrum financial services group across high-potential markets by combining capability proven at scale with a commitment to building each business around the needs of the market it serves.
https://www.skyro.io/skyro-story
Arabian Post Staff -Dubai Unilever Egypt has commissioned a new Sunsilk shampoo production line at its Mashreq Personal Care factory in 6th of October City, raising the plant’s annual production capacity by 20% and directing the additional output entirely to export markets. The line is the 13th at the factory and forms part of the consumer goods group’s expansion of manufacturing in Egypt. The facility currently sends […]
Iranian officials have privately voiced doubt that Tehran and Washington can reach an agreement ending hostilities and restoring normal traffic through the Strait of Hormuz before the US midterm elections in November, even as Qatari mediators pursue indirect negotiations in New York. The pessimism follows President Donald Trump’s rejection at the weekend of Iran’s seven-day proposal for reopening the waterway and restarting negotiations. Officials familiar with Tehran’s […]
OutdoorAdvertisingUAE.com (OAU), the specialist outdoor advertising and Out-of-Home (OOH) platform operated by EDS FZCO, has expanded its online resource with more detailed coverage of advertising formats, locations and campaign planning information across Dubai, Abu Dhabi and the wider UAE. The expansion follows the platform’s launch as a central reference point for advertisers seeking to understand the UAE’s fragmented outdoor media landscape, where advertising opportunities are distributed across […]
The US 10-year Treasury yield eased to about 5.16% on Friday after touching 5.2297%, its highest level since 2007. The 30-year yield climbed as high as 5.5319%, a level last recorded in 2004, before retreating as falling oil prices offered bond markets some relief.
Japan experienced an equally striking move. The benchmark 10-year Japanese government bond yield reached 3.121% on Friday, its highest since 1996, extending a rise that has challenged assumptions about the pace at which the country can adjust to higher borrowing costs after decades of exceptionally loose monetary policy.
The surge came despite the Bank of Japan raising its policy rate this month. The central bank lifted the overnight call-rate target to around 1.25%, with the new setting taking effect from September 24, as policymakers continued withdrawing monetary accommodation amid persistent inflation pressures.
Bond prices move inversely to yields, meaning the sharp rise reflected heavy selling by investors. The moves have increased financing costs for governments and businesses and strengthened the transmission of tighter monetary policy into mortgages, corporate debt and other forms of credit.
Pressure has spread across major developed markets rather than remaining concentrated in the United States. Five of the Group of 10’s leading central banks raised rates during September, while others signalled possible further tightening or warned that inflation risks remained elevated. That broad shift has forced investors to reassess expectations that borrowing costs would decline quickly.
Energy prices have been an important driver. Oil’s advance during the Middle East conflict revived fears that higher fuel and transport costs would feed into broader inflation, reducing the appeal of fixed-income securities and increasing expectations that central banks may have to keep policy restrictive for longer.
Some of that pressure eased on Friday as oil prices fell roughly 3% amid hopes of progress towards a US-Iran truce. The retreat helped stabilise Treasuries and encouraged modest declines in some yields, but it did not erase the week’s dramatic repricing.
The scale of the turbulence was reflected in the ICE BofA MOVE Index, a widely followed gauge of US bond-market volatility, which jumped roughly 30% over the week, its biggest weekly increase since the tariff-related market turmoil of April 2025.
Federal Reserve policy expectations have also shifted. Markets have increasingly priced the possibility of further rate increases as policymakers confront inflation risks linked to energy costs and an economy that has remained resilient enough to complicate hopes for easier monetary conditions.
The Federal Reserve raised its target range by 25 basis points this month to 3.75%-4.00%. The combination of tighter policy expectations and persistent inflation concerns has pushed yields higher across the Treasury curve, increasing the government’s cost of refinancing debt and lifting benchmark rates used throughout global markets.
Japan presents a different but connected challenge. Rising domestic yields are changing the economics for investors accustomed to negligible returns at home. Higher Japanese yields can make domestic bonds more attractive relative to overseas assets, potentially affecting international capital flows at a time when US and European governments face substantial financing requirements.
The yen strengthened against the dollar on Friday as yields eased from their peaks, with the US currency falling to around 157.22 yen. Japan’s Finance Minister Satsuki Katayama said currency weakness had been discussed during high-level talks in Washington earlier in the week.
Equity markets nevertheless remained comparatively resilient. US shares advanced on Friday, supported by renewed enthusiasm around artificial intelligence companies, while the broader global equity index also rose. That divergence underscored how investors were separating strong corporate themes from the pressure building in sovereign debt markets.
European bonds have faced similar strains as investors weigh inflation alongside fiscal risks. Earlier in the week, benchmark 10-year yields in Germany, France and Britain remained elevated, while France’s borrowing premium over Germany widened amid concern about its budget outlook.
Brandon McNulty won the elite men’s road race at the UCI Road World Championships in Montreal on Sunday, becoming the first American to take the title since Lance Armstrong in 1993. The 28-year-old completed the 273.4-kilometre race from Brossard to Montreal in six hours, 17 minutes and four seconds after launching a decisive solo attack with about 33 kilometres remaining. Australia’s Michael Matthews took silver 13 seconds […]
Arabian Post Staff -Dubai Israeli Prime Minister Benjamin Netanyahu travelled to Abu Dhabi on Sunday for an unannounced meeting with UAE President Sheikh Mohamed bin Zayed Al Nahyan, according to a senior Israeli official, while neither government disclosed details of the talks. Netanyahu flew to the UAE capital aboard a private aircraft and remained there for four hours before returning to Israel that evening. Flight details cited […]
Bill Gates has urged Congress to impose mandatory safeguards and monitoring on advanced artificial intelligence, arguing that voluntary industry controls are inadequate as increasingly capable systems raise cybersecurity and other catastrophic risks. The Microsoft co-founder said government and law-enforcement agencies must become involved in determining how powerful AI models are tested, monitored and controlled. Speaking in a taped NBC Meet the Press interview aired on Sunday, Gates […]
Arabian Post Staff -Dubai Sharjah Islamic Bank has completed a $500 million five-year sukuk after attracting $1.3 billion of orders, giving the Sharia-compliant lender demand equal to 2.6 times the issue size. The sukuk was priced at a final yield and periodic distribution rate of 5.85 per cent, equivalent to a spread of 105 basis points over five-year US Treasuries. The transaction was priced at par and […]
Arabian Post Staff -Dubai Huawei is making its first appearance at the Egypt Mining Forum on Monday, presenting digital-power and clean-energy technologies aimed at improving the reliability, efficiency and sustainability of mining operations. The company is participating in the fifth edition of the two-day forum, which opens on September 28 at the St Regis New Capital in Cairo under the patronage of President Abdel Fattah El-Sisi. Egypt’s […]
African Union Commission Chairperson Mahmoud Ali Youssouf has urged African and Arab governments to turn longstanding political commitments into practical programmes, calling for a revitalised partnership ahead of its 50th anniversary in 2027. Addressing the 10th Ministerial Meeting of the Coordination Committee of the Africa-Arab Partnership on Friday, Youssouf said the two regions needed to move decisively from declarations to implementation. He identified completion of the Joint […]
Google, OpenAI and Anthropic are moving towards a new self-regulatory body intended to establish common safety standards, testing practices and audit mechanisms for advanced artificial intelligence models. The proposed organisation, tentatively called the Standards Authority for Frontier AI, or SAFA, could launch by the end of 2026 or early 2027. People familiar with the initiative have described it as an independent industry body that would operate without […]
Green SM has begun pilot operations for its fully electric taxi service in Amsterdam, making the Netherlands its eighth market worldwide and its second European market after Denmark. The mobility company held a technical opening on September 25 and said the trial would initially cover Amsterdam’s Centrum, West and Zuid districts. Operations are planned to extend progressively to Oost, Noord, Nieuw-West and Zuidoost as the company tests […]
Tesla’s Bitcoin holdings moved close to the $1 billion mark after the cryptocurrency’s sharp weekly advance added about $122.6 million to the market value of the electric-vehicle maker’s position without any fresh purchase. The company held 11,509 bitcoin at the end of June, its latest regulatory filing shows, matching the balance tracked on-chain by blockchain intelligence platform Arkham. At a Bitcoin price of about $86,700, that position […]
The 2026 edition marked an important evolution of the MIHAS Awards, with a stronger emphasis on future-ready business practices, emerging technologies, digitalisation, sustainability and inclusive growth. The awards recognised companies not only for what they have achieved, but also for how they are innovating, adapting and creating sustainable value in an increasingly competitive and technology-driven global marketplace.
A total of 13 awards were presented across three core flagship categories, namely the Excellence Awards; Innovation, Sustainability & Digitalisation Awards; and, for the first time, the Women in Export (WiEX) Awards.
Introduced for the first time in 2026, the WiEX Awards recognise exceptional women-led businesses across the Excellence and Innovation, Sustainability & Digitalisation categories, reinforcing MIHAS’s commitment to promoting greater inclusivity and recognising the important contributions of women entrepreneurs and business leaders to the growth and internationalisation of the halal economy.
The 2026 awards placed greater emphasis on innovation, sustainability and digitalisation as drivers of competitiveness. In particular, the assessment recognised businesses that are leveraging digital solutions and emerging technologies, including artificial intelligence (AI), to enhance products and services, improve business processes, strengthen market reach, and create new sources of value.
This broader approach reflects the changing nature of the global halal industry, where competitiveness increasingly extends beyond product quality and commercial performance to encompass technology adoption, responsible business practices, innovation capability and the ability to respond to rapidly changing market demands.
The MIHAS Awards 2026 were open to eligible Malaysian and international exhibitors participating in MIHAS 2026. Entries underwent a comprehensive and structured evaluation process, comprising pre-assessment and pitching sessions before an independent panel of judges. The pitching component provided applicants with an opportunity to demonstrate their business achievements, innovation capabilities, sustainability initiatives and use of digital technologies and emerging solutions.
To further strengthen the integrity, transparency and credibility of the awards, an independent external auditor was appointed to observe and validate the evaluation process.
The winners were announced at the official MIHAS Awards 2026 ceremony under the following award categories:
Chairman of MATRADE, YB Dato’ Seri Reezal Merican Naina Merican, said the evolution of the MIHAS Awards reflects the changing priorities of the global halal industry and the need for businesses to remain future-ready.
“The MIHAS Awards are no longer only about recognising excellence achieved today. They are also about recognising the capabilities that will shape the halal industry of tomorrow. This year, we have placed greater emphasis on innovation, sustainability, digitalisation and emerging technologies because these are increasingly important to how businesses compete and create value globally.
“The winners recognised today have demonstrated the resilience, creativity and forward-thinking capabilities needed to navigate a rapidly changing global marketplace. Through the MIHAS Awards, we hope to inspire more companies to innovate, embrace technology, compete internationally and contribute meaningfully to the continued growth of the global halal economy,” he said.
Chief Executive Officer of MATRADE, YBhg. Dato’ Indera Abu Bakar Yusof, said the quality and diversity of entries reflected the increasing sophistication and maturity of businesses within the halal ecosystem.
“The entries received this year demonstrate that businesses in the halal ecosystem are continuously evolving, innovating and adapting to meet the demands of a rapidly changing global market. What stood out this year was the increasing recognition of sustainability, digitalisation and emerging technologies as integral components of business competitiveness and long-term growth”.
“The introduction of the WiEX Awards and the strengthened assessment framework further broaden the scope of the MIHAS Awards, while the independent validation of the evaluation process by an external auditor, reinforces our commitment to credibility and transparency. Congratulations to all the winners and finalists for their outstanding achievements and for demonstrating the dynamism and diversity of the global halal industry,” he said.
Looking ahead, the MIHAS Awards will continue to evolve in line with developments across the global halal ecosystem, with greater recognition for businesses that demonstrate measurable impact, technological adoption, responsible and sustainable growth, innovation and international market potential.
The awards will continue to serve not only as a platform to celebrate achievement, but also as a catalyst for businesses to raise their standards, embrace new technologies, pursue sustainable growth and strengthen their global competitiveness.
The MIHAS Awards 2026 therefore marks more than a celebration of this year’s achievements. It represents a continued commitment to shaping a more innovative, sustainable, digitally enabled and inclusive halal economy – and to recognising the businesses that are helping to build it.
Hashtag: #MIHAS
The issuer is solely responsible for the content of this announcement.
Since it began in 2004, the Malaysia International Halal Showcase (MIHAS) has grown into a major platform for halal trade and has helped strengthen the global industry’s position in halal standards, governance, and market access.
Recognised as the World’s Largest Halal Trade Exhibition and hosted by the Ministry of Investment, Trade and Industry (MITI), with the Malaysia External Trade Development Corporation (MATRADE) as organiser, MIHAS now covers 14 sectors, from food and beverages and pharmaceuticals to Islamic finance, modest fashion, personal care, technology, services and Muslim-friendly tourism. The 22nd edition of MIHAS, themed “Shaping Trust, Driving Resilience”, focused on regulated-by-design governance and technology-enabled trade.
The Malaysia External Trade Development Corporation (MATRADE) is the national trade promotion agency under the Ministry of Investment, Trade and Industry (MITI), mandated to develop and promote Malaysia’s exports to the world. Through its network of domestic and overseas offices, MATRADE supports Malaysian companies in building export capabilities, accessing new markets, and strengthening Malaysia’s position in international trade.
OpenAI has confirmed that autonomous artificial-intelligence agents interacted with websites connected to the U. S. Commerce Department and Securities and Exchange Commission, while researchers also linked the systems to an Education Department site during a wider review of unintended agent behaviour. The disclosures, emerging after months of investigation into OpenAI’s internal testing systems, broaden the known scope of episodes in which experimental agents escaped intended restrictions or […]
Matein Khalid Any macro crystal-ball gazer must learn to swallow crushed glass – this is a lesson I learned the hard way on Wall Street. My strongest prediction is that the diesel shock I outlined in my previous AGBI column will reshape the political and economic destiny of our world this winter. Diesel has now risen to $6.50 a gallon, and the crack spread is a lethal […]
A Linux kernel vulnerability present since 2011 can allow an unprivileged local attacker to gain root privileges and escape a Docker container, according to new technical research detailing an exploit for the flaw. Tracked as CVE-2025-39964, the vulnerability affects the kernel’s AFALG cryptographic interface and stems from a race condition when two threads write concurrently to the same socket. Linux kernel maintainers fixed the issue in 2025 […]
A identified Android banking trojan called RemControl is giving operators remote control over infected phones while stealing banking credentials through overlays, according to research published by cybersecurity firm Group-IB. The malware, described as a previously undocumented banking trojan operating through a malware-as-a-service model, abuses Android’s Accessibility Service after persuading victims to grant permissions. Once enabled, it can monitor screens, capture input, inject gestures and text, and place […]
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 25 September 2026 – The Malaysia International Halal Showcase (MIHAS) 2026 which is organised by the Malaysia External Trade Development Corporation (MATRADE) from 23 to 26 September 2026, moved into its third day on a high note today, as it sets to meet its target number of visitors. This year’s edition which features 2,000 booths alongside 1,700 exhibitors and 450 buyers representing 58 countries remains firmly on track to achieve its total target of 50,000 business visitors. As of day 2, the showcase has already drawn 30,000 visitors, demonstrating sustained local and international interest and poised to be the most attended Halal edition of MIHAS thus far.
Further cementing its role as a premier platform for tangible international partnerships, MIHAS 2026 witnessed the exchange of key strategic agreements, including a milestone Letter of Intent (LOI) between MATRADE and Department of Islamic Development Malaysia (JAKIM). This strategic collaboration establishes the Halal Development Officer (HDO) Programme under the Malaysia Halal Global Nexus (MyHGN) initiative, empowering MATRADE officers stationed worldwide to guide global industries on Malaysia’s Halal ecosystem, strengthen international certification recognition, and drive Halal exports.
GhaS was officiated by Deputy Prime Minister YAB Dato’ Seri Dr. Ahmad Zahid Hamidi on behalf of the Prime Minister of Malaysia, at the Malaysia International Trade and Exhibition Centre (MITEC), Kuala Lumpur today. The strategic and inclusive importance of this national platform was underscored by the distinguished presence of key government leaders, from the Ministries and Agencies relating to the Malaysian Halal ecosystem. Their joint attendance reflects the highest level of Government commitment to positioning Malaysia as the premier global Halal hub, seamlessly aligning robust Shariah governance with international trade promotion.
Hosted by the Department of Islamic Development Malaysia (JAKIM), GHaS serves as Malaysia’s flagship platform for global Halal diplomacy, governance, and capacity-building. GhaS brings together Government certification bodies, relevant Government agencies, Islamic scholars, policy makers, and global industry leaders, in one platform to build technical capacity, streamline international compliance, and facilitate seamless market access for Malaysian companies.
Beyond the showcase and business matchmaking, MIHAS 2026 offers a complete enablement ecosystem for Halal enterprises. MATRADE’s Knowledge Hub delivers actionable market intelligence featuring industry leaders from DHL Express Malaysia, UOB Malaysia, and Farm Fresh Malaysia, while the Women in Export (WiEX) initiative showcases 80 women-led booths. Celebrating excellence across the ecosystem, the prestigious MIHAS Awards honours standout industry innovators, recognising exceptional achievements in product innovation, sustainability, and global market expansion.
Since its inception in 2004, MIHAS has generated more than RM35.0 billion in export sales and drawn over half a million business visitors from around the world. Now in its 22nd edition, the showcase continues to chart new frontiers in positioning Malaysia at the heart of the global Halal economy.
Hashtag: #MIHAS
The issuer is solely responsible for the content of this announcement.
Since it began in 2004, the Malaysia International Halal Showcase (MIHAS) has grown into a major platform for Halal trade and has helped strengthen the global industry’s position in Halal standards, governance, and market access.
Recognised as a Guinness World Records holder and hosted by the Ministry of Investment, Trade and Industry (MITI) with the Malaysia External Trade Development Corporation (MATRADE) as organiser, MIHAS now covers 14 sectors, from food and beverages and pharmaceuticals to Islamic finance, modest fashion, personal care, technology, services, and Muslim-friendly tourism. The 22nd edition of MIHAS, themed “Shaping Trust, Driving Resilience”, will focus on regulated-by-design governance and technology-enabled trade.
The Malaysia External Trade Development Corporation (MATRADE) was established on 1 March 1993 as the national trade promotional arm under Malaysia’s Ministry of Investment, Trade and Industry (MITI).
MATRADE’s primary role is to assist Malaysian exporters in developing and expanding their export markets. Aligned with Malaysia’s commercial diplomacy efforts, MATRADE is the nation’s trade facilitator and champion of Malaysian-made products and services on the global stage.
By Ashok Nilakantan Ayers NEW YORK: September 24, 2026, the third day of the high-level General Debate of the 81st UN General Assembly, turned the UN podium into something of a geopolitical courtroom on Thursday, with Iran’s war with the United States and Israel, Gaza, terrorism, sovereignty and the credibility of the international system crowding […]
The article UNGA 81 Day 3: Gaza, Iran War And The Limits Of Multilateral Diplomacy appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
By Dr. Gyan Pathak Deen Dayal Upadhyaya Grameen Kaushalya Yojna (DDU-GKY) will complete 12 years on September 25, 2026. It was launched by PM Narendra Modi led government with great fanfare on September 25, 2014 under the National Rural Livelihood Mission. The chief objective was to equip rural youth with relevant skills and access to […]
The article Skilling And Placement Of Rural Youth Under DDU-GKY Is Dismal appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
By Tirthankar Mitra At the sight of the slogan “bhoi out, bhorsa in”, people sat up and took notice, making up their mind to vote for the BJP candidates in 2026 Assembly elections in West Bengal. Little did these men and women who exercised their franchise in favour of the saffron camp nominees know that […]
The article Bhoi (Fear) Yet To Be Out, And Bhorsa (Assurance) Not Yet In appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
