News related to
Space

US Backs $100m Digital Push in Côte d’Ivoire

The Export-Import Bank of the United States has authorised over $100 million in financing guarantees to support two flagship digital infrastructure projects in Côte d’Ivoire. The package includes a $66 million guarantee for a national data centre and $47 million for technology exports intended to digitalise the Ministry of Commerce and Industry. The deals, approved in August under EXIM’s China and Transformational Exports Program, were formally unveiled […]

Enjoy a Golden Autumn of Glittering Rewards and Cultivated Indulgence at Galaxy Macau in Celebration of Golden Week

Crafting a serene but vigorous harvest season for guests with a repertoire of exquisite multifaceted dining, wining, and playing choices MACAU SAR – Media OutReach Newswire – 25 September 2025 – As the air begins to cool in Macau, the city’s appetite turns towards indulgence; nourishment for the body, soul, and appetite becomes a premier priority. At Galaxy Macau™ Integrated Resort (hereafter “Galaxy Macau”), autumn is a […]

DeFi 3.0 — A New Financial Frontier in 2025

The decentralized finance space is undergoing a critical transformation in 2025, ushering in what many observers call “DeFi 3.0.” While the earlier waves of DeFi focused on decentralized exchanges and liquidity incentives, the next generation is centered on permissionless lending, composability, capital efficiency, and real-time adaptation. As platforms such as Euler, Morpho and Hyperliquid gain traction, the shifts promise to reshape how capital moves, how risk is […]

Dubai Mansions to Redefine Ultra-Luxury in Dubai Hills

Emaar has announced Dubai Mansions, a highly exclusive enclave of ultra-luxury homes positioned adjacent to Dubai Hills Estate. The development will include mansions available in 10,000, 15,000 or 20,000 square feet configurations, targeting elite global buyers seeking exceptional scale, privacy and design. The founder, Mohamed Alabbar, has framed the project as a statement of understated luxury: “There’s a kind of luxury that isn’t loud … from knowing […]

Defence stocks set to surge as Trump signals Ukraine shift

Defence stocks will rally and global investors will be paying attention, I believe. The reason the bullish analysis is a catalyst came the moment President Donald Trump, after meeting Ukraine’s President Volodymyr Zelenskyy at the UN General Assembly, declared that Kyiv can reclaim all territory seized by Russia, an abrupt and market-moving pivot from his earlier calls for compromise. In a single statement, the world’s largest economy […]

Browser Domains Under Threat from Hidden Extension Injection

A newly disclosed vulnerability allows threat actors to surreptitiously install arbitrary extensions on Chromium-based browsers within Windows domain environments, circumventing typical user alerts and security checks. The technique hinges on manipulating how Chrome and its derivatives store extension settings and validations in preference files. Security researchers demonstrated that by editing specific preference files in a user’s profile, an attacker can mark a malicious extension as a “component” […]

Open Source Summit Seoul Draws Global Developer Spotlight

The inaugural Open Source Summit Korea is set to take place in Seoul on 4–5 November, gathering developers, community leaders, corporate adopters and policy advocates under one roof. Organisers expect a high-powered two-day event blending technical deep dives, cross-domain dialogue and community building across open source’s diverse ecosystems. The summit will host seven major tracks: Cloud & Containers, Embedded Linux, Linux, Open AI + Data, Open Source […]

Aldar Boosts Control Over Aldar Estates to 82.55%

Aldar Properties has acquired Modon Holding’s full 17.45 per cent indirect stake in Aldar Estates, pushing its total ownership to 82.55 per cent. The shares had been held through Modon’s subsidiary ADNEC Group. Financial terms of the deal were not made public. With the transaction, Aldar retains its position as majority stakeholder, consolidating its influence over the real-estate services arm. Aldar Estates, launched in 2023 via a […]

Ascott’s Citadines Brand Surpasses 200 Properties Globally, Powered by Strong Momentum Since Brand Refresh

Citadines strengthens leadership in the resilient upper-midscale segment through rapid conversions and geographical diversification Franchise model gains momentum as a driver of scalable, efficient growth Global brand campaign amplifies refreshed Citadines lifestyle with activ∞ and “For the Love of Coffee” experiences across operational properties SINGAPORE – Media OutReach Newswire – 24 September 2025 – The Ascott Limited (Ascott), the wholly owned lodging business unit of CapitaLand Investment […]

Ivan The Hair People Marks 3 Years of Hair and Scalp Excellence in Singapore

SINGAPORE – Media OutReach Newswire – 24 September 2025 – Ivan The Hair People, located at 260 Orchard Road, The Heeren #05-09, is marking its third anniversary celebration with exclusive promotions and a review of key milestones since opening in 2022. The salon will offer discounted haircuts, colour services, and selected product bundles throughout the month of September, with further details available on its social media channels. […]

Aldar Raises Control of Aldar Estates to 82.55%

Aldar Properties has increased its ownership stake in Aldar Estates to 82.55%, acquiring the 17.45% indirect share held by Modon Holding via its wholly-owned subsidiary ADNEC Group. The move solidifies Aldar’s dominance over the region’s largest integrated real-estate service platform.

Aldar Estates, formed through a merger of Aldar, IHC, and ADNEC’s property and facilities management businesses, has seen strong growth since its establishment in 2023. Aldar now holds outright control following the ADNEC-Modon exit.

Under Aldar’s direction, the platform manages roughly 155,000 residential units, and has almost doubled its prime retail and commercial leasable space to two million square metres. Contracts under management are now said to exceed AED 3 billion. These figures reflect ambitious expansion in recurring-income services.

Financially, Aldar Estates delivered revenues of about AED 2.6 billion in 2024, with EBITDA near AED 400 million, forming a growing part of Aldar’s overall strategy to emphasise stable income-streams outside pure property development. Aldar Investment oversees a broader AED 47 billion portfolio of income-generating assets.

Aldar’s Chief Executive of Aldar Investment, Jassem Salah Busaibe, said that the business is well positioned for further scale-up given increasing demand in property, facilities, and community services, along with a rising base of third-party clients. Gordons in landscaping, technical services, security, sustainability consulting and community management have been among the areas where Aldar Estates has expanded its offering.

UAE Construction Output Forecast To Surpass $130 Billion Mark by 2029

UAE’s construction sector is projected to reach US$ 130.8 billion by 2029, up from US$ 107.2 billion in 2024, as government-led projects and developmental pipelines drive a sustained growth trajectory of about 4% annually. Construction makes up 62% of all future pipeline projects across the Emirates, dwarfing the contribution from transport, power and water. Among construction subsectors, mixed-use projects lead the pipeline with about 42%, followed by […]

Hang Lung Marks 65 Years of Visionary Leadership at Anniversary Cocktail Unveils “Hang Lung V.3” Strategy for Capital-Efficient Growth

HONG KONG AND SHANGHAI, CHINA – Media OutReach Newswire – 22 September 2025 – Hang Lung Group Limited (SEHK stock code: 00010) and Hang Lung Properties Limited (SEHK stock code: 00101) (collectively known as “Hang Lung” or “the Group”) today hosted a cocktail reception to celebrate their 65th anniversary, gathering important business partners, industry leaders, and key stakeholders to commemorate its legacy, and to explore what the […]

Policy Address by Hong Kong SAR’s Chief Executive John Lee: Creating a vibrant cultural, sports and tourism hub with global appeal

HONG KONG SAR – Media OutReach Newswire – 22 September 2025 – In his fourth Policy Address (September 17), John Lee, Chief Executive of the Hong Kong Special Administrative Region (HKSAR), set out strategies to advance the integrated development of culture, sports and tourism, creating a robust self-reinforcing cycle to generate fresh economic momentum and raise Hong Kong’s global appeal. The Government will consolidate Hong Kong’s position […]

European Airports Begin Restoration as Check-In Systems Cyberattack Deepens

Airports across Brussels, London, Berlin and Dublin are working to restore normal flight operations after a cyber-attack on the Muse check-in software operated by Collins Aerospace disrupted check-in, boarding pass and baggage tag services. Brussels remains the worst affected, with cancellations, delays and airport officials warning of further cancellations into Monday. Collins Aerospace, part of RTX Corporation, confirmed its check-in and baggage drop systems have suffered a […]

European Airports Hit by Cyberattack Disruptions

A cyberattack that compromised the MUSE software of Collins Aerospace has caused delays and cancellations at several of Europe’s busiest airports, including Heathrow, Berlin Brandenburg, and Brussels. The disruption has affected electronic check-in and boarding systems, forcing manual processing and straining airport operations. The attack, which targeted a service provider used by multiple airlines, has resulted in subdued automated systems at these airports. Heathrow warned of potential […]

xAI Secures $10B Funding, Values Itself at $200B

Elon Musk’s artificial intelligence firm, xAI, has raised $10 billion in its latest financing round, pushing its valuation to $200 billion. The capital includes a split between debt and equity, as Musk’s firm accelerates plans for infrastructure expansion and model development. xAI’s funding round was structured as $5 billion in debt, comprising secured notes and term loans, and another $5 billion via strategic equity investment. The raise, […]

UAE Captures Nearly Half of $18bn MEA Space Market

United Arab Emirates holds between 40 and 45 per cent share of the Middle East and Africa space market, which is estimated at US$18 billion, according to a report from the Boston Consulting Group. The UAE invested approximately US$443 million in civil space activities in 2024—nearly half of all government space spending across MEA.

Saudi Arabia and Qatar follow with civil space investments of about US$220 million each. Saudi Arabia accounts for an estimated 20–25 per cent of MEA government space spending, while Qatar contributes about 5 per cent.

Downstream services—such as satellite communications, navigation, and Earth observation—comprise roughly 70 per cent of the global space industry. The UAE is positioned to capture more than half of the downstream services market within MEA, while Saudi Arabia aims for over 20 per cent. Qatar’s role remains modest in downstream services, at just under 5 per cent.

All three countries are expected to grow at or above the global space economy’s compound annual growth rate of 5 per cent through 2033.

The report identifies several flagship programmes in the UAE—MBZ-SAT, the Hope Probe, and Arab 813—that are likely to generate returns of roughly 3-4 times the investment. These initiatives illustrate how long-term strategic planning, public-private partnerships, risk-tolerant policy frameworks, and global cooperation are central to the UAE’s leadership in the sector.

Saudi Arabia is expanding its international partnerships, including with NASA and Axiom, while Qatar’s Es’hailSat is strengthening its role in regional satellite communications. Digital policy integration—especially in satellite broadband, low Earth orbit constellations, and Earth observation—is emerging as a key success factor.

Russian Jets Cross into Estonian Airspace in ‘Unprecedentedly Brazen’ Move

Estonia has lodged a formal diplomatic protest after three Russian MiG-31 fighters entered its airspace near Vaindloo Island, above the Gulf of Finland, without clearance for twelve minutes. The Estonian government described the incursion as “unprecedentedly brazen” and requested alliance consultations under NATO’s Article 4.

The three jets flew without flight plans, had their transponders switched off, and failed to communicate with Estonian air traffic control, according to official statements. Italian F-35s stationed under NATO’s Baltic Air Policing Mission intercepted and escorted them out. Estonia claims these flights mark the fourth known violation of its airspace by Russia this year.

Margus Tsahkna, Estonia’s Foreign Minister, stressed that while earlier violations had occurred, this one stood out in scale and coordination. He called on political and economic allies to respond forcefully to what he labelled an escalation.

Russia’s defence authorities countered that the mission was “scheduled” and followed agreed routes, asserting that the aircraft remained over neutral waters and did not cross Estonia’s borders. The claim disputes Estonia’s account, insisting no laws or flight path rules were broken.

Following the incursion, Estonia summoned the Russian chargé d’affaires and formally submitted a protest. NATO has agreed to convene under Article 4, allowing member states to discuss perceived threats to security, territorial integrity, or political independence. The North Atlantic Council is expected to deliberate early next week.

European Union officials, including EU foreign policy chief Kaja Kallas, condemned what they described as a dangerous provocation that heightens regional tensions. Estonia’s Prime Minister, Kristen Michal, echoed these concerns, saying Moscow’s actions test the limits of NATO’s resolve.

Drone Delivers Parcel Between Al Samha and KIZAD in Abu Dhabi Trial

A trial parcel delivery by drone has been carried out in Abu Dhabi, with a package flown from Al Samha to the Khalifa Industrial Zone Abu Dhabi using an unmanned aerial vehicle equipped with a robotic arm. The operation, overseen by the Integrated Transport Centre and LODD Autonomous, relied on state-of-the-art navigation technology to ensure precision and efficiency. The initiative aligns with the emirate’s strategy under the […]

Dubai Welcomes First Commercial-Level-4 Personal Robocar

Tensor is set to unveil the Tensor Robocar in Dubai at the Dubai World Congress for Self-Driving Transport, as the first personally owned Level-4 autonomous vehicle. Customer deliveries are expected to begin in the second half of 2026. The Robocar has been designed from the outset for autonomy rather than being an adapted conventional EV. It integrates more than 100 sensors, including 37 cameras, 5 lidars and […]

XRP’s Rise Might Challenge Bitcoin’s Reign, Says Influencer

Crypto influencer Ben Armstrong, known as BitBoy, has asserted that Ripple’s XRP possesses potential to rival Bitcoin’s dominance—not in every metric, but in overall market influence and growth. He argues that while Bitcoin remains unmatched on decentralisation and brand recognition, XRP may outpace Bitcoin in return-on-investment and adoption under certain conditions.

Armstrong points to several factors he believes could drive XRP forward: its far faster transaction settlement times, its emerging use for cross-border payments, and increasing interest from both retail and institutional investors. He acknowledges these victories come with drawbacks—particularly XRP’s higher centralisation compared with Bitcoin, given significant holdings of its supply are controlled by Ripple.

He describes market capitalisation as one pathway for competition, noting that XRP lags far behind Bitcoin’s more than US$2 trillion valuation. Nevertheless, he suggests that XRP could narrow that gap by capitalising on regulatory improvements and product developments in the crypto space. He cited possibilities such as exchange-traded funds for XRP and Ripple’s potential corporate moves that could boost legitimacy.

Comparisons with Ethereum form a large part of Armstrong’s argument. He has predicted that XRP may overtake Ethereum in market cap, saying Ethereum’s role in decentralised finance gives it current strength but also comes with trade-offs in efficiency and scalability. XRP, in his view, may benefit from being lighter in overhead, and more directly applicable in payment systems. Critics, however, highlight that Ethereum’s developer ecosystem, DeFi dominance, and smart contract utility are powerful advantages that XRP must overcome.

Recent legal developments related to Ripple have itself affected XRP’s trajectory. Armstrong notes that favourable rulings, greater regulatory clarity in jurisdictions like the US, and growing institutional interest are enhancing investor confidence. He also emphasises that the narrative around cryptocurrency regulation is shifting, which could favour assets like XRP that are often under scrutiny.

On price forecasts, Armstrong has offered a range of scenarios: gains ranging from three-fold to much higher depending on whether certain catalysts—such as regulatory approvals or ETF launches—unfold as hoped. He cautions that for XRP to truly rival Bitcoin, sustained momentum must be maintained over a multi-year horizon, not just in speculative bursts.

HUAWEI SOUND ULTIMATE Series: Defining a New Era of Smart In-Car Audio

SHANGHAI, CHINA – Media OutReach Newswire – 19 September 2025 – Huawei’s acoustic experts shared insights into the advanced technology chain behind the HUAWEI SOUND ULTIMATE Series, and shares the R&D journey that shaped its signature sound quality at the HUAWEI SOUND In-Car Audio Experience Event. Held at Huawei’s Shanghai Acoustics R&D Center, the event invites media guests to tour the labs and experience the system first-hand […]

GCC Powers Propel MEA Space Market to $18 Billion Frontier