The Linux Foundation has launched OpenSharing, a vendor-neutral protocol aimed at standardising how companies exchange AI agents, models and data across platforms, marking a fresh attempt to curb fragmentation as enterprises move from pilot projects to production-scale agentic AI. The project, contributed by Databricks and now hosted under Linux Foundation governance, extends the Delta Sharing protocol beyond structured data into AI-era assets such as agent skills, machine-learning […]
Securitize has expanded its tokenised AAA CLO fund to Solana, adding a major blockchain venue to a product built with BNY for institutional structured-credit exposure. The Securitize Tokenized AAA CLO Fund, known as STAC, will now be available to eligible investors through Solana, with Ethena Labs planning a $250 million allocation. The commitment ranks among the largest planned deployments into tokenised structured credit on the Solana ecosystem […]
Arabian Post Staff -Dubai Dubai Future Foundation has graduated 160 students from the second cohort of the Dubai TKS – Knowledge Society programme, marking a sharp expansion of the emirate’s effort to build early-stage talent in artificial intelligence, robotics, climate technology, biotechnology and advanced computing. The students, aged 13 to 17 and drawn from a range of nationalities, completed the 10-month programme at a ceremony held at […]
Mistral AI is in talks to raise about €3 billion at a valuation of roughly €20 billion, a potential deal that would sharply lift the Paris-based artificial intelligence company’s standing among Europe’s most valuable private technology groups. The discussions remain fluid and may still change in size, timing or investor composition. If completed near the terms being discussed, the financing would mark another significant jump for a […]
Arabian Post Staff -Dubai L’Oréal Middle East has signed the UAE Climate-Responsible Companies Pledge, placing the beauty group’s regional operations under a national framework that asks private companies to measure emissions, set reduction plans and align business decisions with the UAE’s Net Zero by 2050 pathway. The pledge was announced at the third L’Oréal For the Future Summit in Dubai, where the company positioned climate action, refillable […]
Arabian Post Staff -Dubai Dubai has established the Dubai Longevity Authority under Law No. 17 of 2026, setting up a dedicated regulator to oversee one of the fastest-growing areas of healthcare, wellness and life sciences as the emirate seeks to build a global hub for advanced medicine and healthy ageing. The law was issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime […]
General Motors has moved deeper into the power business by enabling vehicle-to-grid functions for some electric-vehicle customers, positioning its bidirectional EV fleet as a distributed energy resource while pursuing sodium-ion batteries for grid-scale storage. The announcement, made at GM Empower 2026 in San Francisco, centres on a software update that expands the capability of GM’s vehicle-to-home energy system. The update allows eligible users to send electricity from […]
Advanced Micro Devices is extending its x86 challenge beyond data centres and personal computers, using its Ryzen AI Embedded processor portfolio to target cars, robots, medical systems and industrial machines as edge devices demand more local artificial intelligence computing. The move puts AMD more directly against Arm-based suppliers that have built strong positions in embedded and automotive systems through power-efficient designs, licensing flexibility and broad developer ecosystems. […]
By T N Ashok By the time Narendra Modi crossed Jawaharlal Nehru’s record as India’s longest-serving elected Prime Minister in continuous office, the country’s political landscape had already begun to resemble a battlefield after a great storm. The old certainties have vanished. Alliances that appeared permanent are fraying. Regional satraps are calculating survival. Political parties […]
BEIJING, CHINA – Media OutReach Newswire – 11 June 2026 – AIVA, an AI-native mobility brand, was officially unveiled in Beijing on 9 June 2026.
AIVA will collaborate with Volcano Engine, ByteDance’s cloud and AI platform, to jointly define, design, and develop a new generation of AI vehicles. Volcano Engine will provide AIVA with advanced capabilities, including the Doubao AI Foundation Model and intelligent cockpit, enabling smarter in-vehicle interactions.
At the launch event, AIVA unveiled its brand name and logo, introducing a development philosophy centered on “AI-first vehicle creation”—where AI comes before the car itself. It is believed that AI-native vehicles will fundamentally redefine the relationship between people and automobiles. AIVA also showcased the AIVA Origin Concept, while AIVA ME7, its first mass-production model, is scheduled to debut in 2026. The AIVA lineup will target the mainstream market segment priced above RMB 200,000.
AIVA, short for Artificial Intelligence Voyage Ahead, reflects the brand’s vision of AI accompanying users on every journey toward the future. Built around AI-native mobility, AIVA aims to create embodied AI companions powered by advanced intelligence, transforming vehicles from mere transportation tools into trusted partners that understand, accompany, and serve their users.
When AI is deeply integrated into the vehicle, users no longer need to navigate complex menus. Instead, AI operates around human intent, making the interaction intuitive and direct. By understanding real-time context and user preferences, it can proactively anticipate needs and coordinate vehicle capabilities, delivering a more natural, personalized mobility experience.
As an independently operated company backed by a powerful alliance of strategic shareholders, AIVA will oversee brand development, product strategy, and business operations. SERES Group, as a key shareholder and industrial partner, will provide expertise in vehicle manufacturing and supply chain management. CATL will contribute comprehensive battery solutions. Shaci Zhiyuan, a strategic institutional investor, will provide industrial resource support.
Looking ahead, AIVA will broaden its product lineup through rapid innovation and iteration. By focusing on AI-powered interaction, intelligent experiences, emotional companionship, and safety-centered care, AIVA is committed to creating vehicles that not only move people, but understand them, unlocking a new era of intelligent mobility. Hashtag: #AIVA
The issuer is solely responsible for the content of this announcement.
AHS Properties has acquired the Shangri-La Dubai hotel on Sheikh Zayed Road for Dh1.1 billion, deepening the luxury developer’s hold on one of the city’s most tightly held real estate corridors and signalling renewed confidence in prime mixed-use assets. The deal places a long-established hospitality landmark under the control of Abbas Sajwani’s company at a time when Dubai’s luxury property market continues to draw large-ticket capital into […]
Abu Dhabi’s L’IMAD Holding has deepened its grip on TAQA after its subsidiary Abu Dhabi Power Corporation bought a further 8.09 per cent stake in the listed power and water utility, lifting its holding to 98.12 per cent. The transaction, disclosed on Wednesday, involved the acquisition of 9.1 billion TAQA shares from Two Point Zero Group. Based on TAQA’s closing share price that day, the stake was […]
Arabian Post Staff -Dubai US forces struck military targets across Iran overnight, widening an air campaign that has pushed Washington and Tehran closer to open conflict as President Donald Trump warned that further attacks would follow unless a peace deal is secured. Central Command said the operation was completed about four hours after it began, shortly after midnight in Tehran, with strikes aimed at military surveillance assets, […]
TOKYO, JAPAN – Media OutReach Newswire – 11 June 2026 – Industry expert Jason Gerlis has been appointed as the Chief Revenue Officer at GoGlobal – the global expansion business – bolstering the leadership team’s strength and depth at a time of accelerated growth.
With more than 15 years’ experience in helping businesses to scale internationally, his role will be to drive revenue growth at GoGlobal, align this to delivery excellence and add long-term value to those companies looking to expand and operate overseas.
“I’m delighted to welcome Jason into the fold,” states Jeremy Wastall, CEO at GoGlobal. “His extensive industry knowledge and global corporate services background support our strategy to deliver best‑in‑class business expansion and operational solutions to clients looking to enter new markets compliantly, and at speed.”
His appointment is also in-line with the company’s aim to build a business where cultural fit and mindset are just as important as experience.
“Alongside his impressive experience, Jason’s approach to leadership aligns with our brand values. I have full confidence in his ability to create a world-class environment where his teams will grow and excel,” adds Jeremy.
The move follows a series of recent senior hires and strategic investments designed to enhance GoGlobal’s ambitious growth plans, which include greater geographic reach, deeper technology capabilities and the continued development of market-winning solutions for clients.
Independence and long‑term focus
Explaining what drew him to GoGlobal, Jason points to the company’s independence and investment strategy.
“GoGlobal’s independence is a real strength,” he states. “It gives the business the freedom to invest in what genuinely matters to clients and focus on building sustainable, future growth. That long‑term perspective leads to better client outcomes, stronger partnerships and a more engaged, motivated workforce.”
Jason also highlights the company’s culture which is deeply grounded in servicing clients’ needs as a reason to join the business. He notes: “Understanding, consistency, collaboration and responsiveness are at the foundation of GoGlobal’s approach to client service, all of which resonate with me.
“And it’s these values and business ethics that truly set GoGlobal apart,” he concludes.
Strengthening global networks
Based in Charlotte, USA, Jason will spend his first months in the role engaging closely with GoGlobal’s global clients and partner ecosystem, while helping shape the company’s long‑term commercial strategy.
“I’m excited to work with clients across the full spectrum — from fast‑growing start‑ups and venture / private equity‑backed businesses to large multinationals — as we continue to build GoGlobal’s future roadmap,” he states.
Prior to joining GoGlobal, Jason spent five years as Global Head of Corporate Services at Ocorian and held several senior leadership roles at TMF Group over seven years, including Global Head of Consulting and Regional Director for North America and the Caribbean.
The issuer is solely responsible for the content of this announcement.
GoGlobal
GoGlobal – the global expansion business – helps companies set up and manage global operations compliantly and confidently. By combining global expertise with local execution, GoGlobal supports market entry, M&A activity and vendor consolidation through a single point of accountability.
Founded eight years ago in 2018, GoGlobal has grown from a startup into a fully decentralized global organization, supporting thousands of clients with their own growth stories.
It now has over 450 internal employees, operating across 85+ countries, and has enabled more than 1,000 clients to establish and manage their global operations across 145 markets.
Services include entity setup, compliance and management; accounting and tax services; HR and payroll support; Employer of Record (EOR); and Independent Contractor Solutions (ICS).
GoGlobal is headquartered in Tokyo but the leadership and operational teams are worldwide, enabling seamless support across time zones.
Dubai’s push to turn long-term tenants into homeowners has crossed Dh5 billion in residential transactions, with more than 3,200 residents buying their first homes through the First-Time Home Buyer Programme since its launch in July 2025. The scheme, run by Dubai Land Department and the Dubai Department of Economy and Tourism, has drawn nearly 45,000 registrations in less than a year, underlining strong demand among residents seeking […]
Apple has sharply narrowed software support for its smartwatch line, leaving the Apple Watch Series 8, first-generation Ultra, second-generation SE and several older models outside the watchOS 27 upgrade cycle as it shifts the platform towards artificial intelligence features and newer chipsets. The change means millions of users who bought relatively modern Apple Watches will remain on watchOS 26 unless they move to newer hardware. The supported […]
Dubai has moved to shorten the waiting time for tourist entry permits, with 30-day and 60-day single-entry visas now expected to be processed within 48 hours through approved channels, sharpening the emirate’s appeal as peak summer and year-end travel planning gathers pace. The General Directorate of Residency and Foreigners Affairs – Dubai has indicated that the service applies to single-entry tourist visas issued for visits of either […]
Japan recorded a sharp rise in arrivals from GCC states in 2025, as affluent Gulf travellers turned increasingly to long-haul holidays built around luxury stays, food, culture, snow escapes and nature-led itineraries.
Visitor arrivals from the six GCC countries reached 55,924 in 2025, up 25.2 per cent from the previous year, outpacing Japan’s wider inbound tourism growth. The increase came as total international arrivals hit 42.683 million, a record annual figure and a 15.8 per cent rise from 2024, when Japan had already surpassed its pre-pandemic high.
The Gulf performance remains small in absolute numbers compared with Japan’s biggest source markets in East Asia, North America and Europe, but the pace of growth has drawn attention from travel operators because GCC visitors tend to favour premium hotels, private tours, family travel, shopping, wellness experiences and multi-city itineraries. Demand has been supported by stronger aviation links through Dubai, Abu Dhabi and Doha, easier visa processes for several categories of travellers, and sustained interest in Japan’s seasonal attractions.
The rise also reflects a broader shift in Gulf outbound travel. Travellers from the UAE, Saudi Arabia, Qatar, Kuwait, Bahrain and Oman are looking beyond traditional European summer destinations, especially as Japan promotes cooler regions, countryside routes and immersive cultural experiences. Hokkaido has gained visibility among Gulf families seeking milder summer weather, scenic drives and nature resorts, while Tokyo, Kyoto and Osaka continue to dominate first-time travel plans.
Japan’s appeal has been reinforced by the weak yen, which has made shopping, dining and accommodation more attractive for visitors with dollar-linked Gulf currencies. Luxury retail, department stores, theme parks, Michelin-listed restaurants, ryokan stays and private guides have benefited from the spending power of long-haul visitors. Travel agencies across the Gulf have also reported growing demand for tailor-made trips covering cherry blossom viewing, autumn foliage, ski resorts and Japanese pop culture.
Tourism spending has become a major pillar of Japan’s post-pandemic services economy. International visitor expenditure rose to about ¥9.5 trillion in 2025, up 16.4 per cent from the previous year, while average spending per visitor was roughly ¥229,000. The figures underline why Japan is targeting higher-value tourism rather than only volume growth, especially as pressure mounts on crowded destinations such as Kyoto, Mount Fuji viewing spots and central Tokyo districts.
Japan’s national tourism strategy aims to draw 60 million visitors annually by 2030, but policymakers and local authorities are increasingly balancing that target with concerns over overtourism. Measures have included crowd controls, higher accommodation taxes in some areas, visitor-management rules at popular sites and campaigns encouraging travellers to explore regional destinations. For GCC visitors, that strategy fits with demand for quieter, curated experiences outside the standard Golden Route of Tokyo, Kyoto and Osaka.
JNTO’s Dubai office has intensified destination marketing across the Gulf, with campaigns highlighting Hokkaido, Setouchi and other regions suited to repeat visitors. Promotional activity has focused on travel trade partners, digital media, luxury travel networks and family-oriented itineraries, reflecting the region’s preference for planned holidays with strong service standards. Japan’s participation in major Gulf travel events has also helped place the country more firmly in tour operators’ premium Asia portfolios.
Air connectivity remains a decisive factor. Gulf hubs provide one-stop access to several Japanese gateways for travellers from across the region, while Emirates, Etihad Airways and Qatar Airways have helped keep Japan visible in high-yield leisure and business travel channels. Doha, Dubai and Abu Dhabi also act as connecting points for travellers from wider Middle East markets, strengthening Japan’s ability to attract visitors beyond its traditional Asian feeder markets.
Visa facilitation has added momentum. UAE nationals continue to benefit from visa-free short stays, while Qatari citizens have access to similar arrangements after completing required registration. Travellers from Saudi Arabia and other GCC states have increasingly been able to use electronic visa channels for tourism, reducing friction for families and first-time visitors. Expatriate residents in Gulf countries remain subject to nationality-based rules, but online processing has improved access for many applicants.
Arabian Post Staff -Dubai The OPEC Fund for International Development has mandated a no-grow €500 million five-year fixed-rate benchmark bond, returning to Europe’s public debt market as highly rated supranational borrowers continue to draw demand from investors seeking secure income. Initial price thoughts for the Regulation S senior unsecured issue have been set at mid-swaps plus 29 basis points. The expected issue rating is aligned with the […]
Intel has used Computex 2026 to present a broader artificial intelligence strategy built around rack-scale systems, new Xeon data-centre processors and industry partnerships aimed at the fast-expanding market for inference and agentic AI workloads. The announcements in Taipei marked a deliberate shift in emphasis for the company, from selling individual chips to supplying integrated platforms that combine processors, accelerators, networking and software. Intel’s pitch rests on the […]
JNK India has secured a large export order for an incinerator package linked to Abu Dhabi’s TA’ZIZ Salt Project, strengthening the company’s overseas order book and widening its role in waste gas handling systems for large industrial projects.
The order, received on June 8 from CC7 Emirates Engineering Solutions L. L. C., covers design, engineering, manufacture, procurement and supply on a Free Carrier basis. JNK India will also provide assistance, charged on a per diem basis, for erection, commissioning and witnessing of performance tests at the ADNOC-linked project in Abu Dhabi.
The contract has been classified by the company as a “large” order, a category it defines as being worth between ₹100 crore and ₹300 crore. While the exact contract value has not been disclosed, the award is material for a specialised engineering business operating in a segment where project references, technical qualification and delivery record strongly influence future bidding opportunities.
The Abu Dhabi project forms part of the wider TA’ZIZ industrial chemicals ecosystem at Ruwais, a major downstream expansion intended to support local production of chemicals used in construction, infrastructure, packaging, healthcare and other sectors. The Salt Project has drawn international engineering and procurement interest because of its scale and its place in the UAE’s push to deepen industrial supply chains beyond crude production.
JNK India specialises in process-fired heaters, reformers, cracking furnaces and other thermal engineering systems used in refineries, petrochemicals, fertilisers, hydrogen, methanol, steel and broader process industries. The latest award places its waste gas handling portfolio in sharper focus, particularly flares and incinerators, where industrial clients are investing to meet tighter environmental, emissions and process-safety standards.
Arvind Kamath, chairperson and whole-time director of JNK India, said the award marked an encouraging start to FY27 and reinforced the company’s ability to compete in international markets. He said the order reflected its engineering capability, manufacturing strength and execution record in complex industrial solutions, while also strengthening its presence in the waste gas handling segment.
The mandate is significant because incinerator packages are not commodity supplies. They require detailed thermal design, material selection, safety compliance and integration with broader plant systems. Performance testing is also critical, as waste gas handling equipment must function reliably under varied operating conditions and meet the technical specifications set by the main contractor and project owner.
CC7 Emirates Engineering Solutions is linked to the wider CC7 engineering group, which has been active in large chemical and industrial projects. Its role in the TA’ZIZ Salt Project gives JNK India access to a major Gulf industrial platform at a time when the region is expanding petrochemical, hydrogen, low-carbon ammonia and specialty chemicals capacity.
For JNK India, the Abu Dhabi order continues a strategic shift from a largely domestic heating-equipment business to a broader engineered-systems provider with export opportunities. The company’s capabilities include thermal designing, engineering, manufacturing, supply, installation and commissioning, with a fabrication facility at Mundra in Gujarat spread across about 20,000 square metres. The location gives it logistical access to a deep-draft port, an advantage for large export equipment.
The company has also expanded beyond conventional fired heaters into flares, incinerators, hydrogen production and distribution systems, process plants and emerging energy-transition applications. Its partnership with South Korea’s JNK Global adds technical depth in industrial combustion equipment, while a venture with Chemdist Group founders gives it exposure to green hydrogen, sustainable fuels, chemicals and carbon capture systems.
The order comes as Gulf energy producers and industrial developers are accelerating investment in downstream diversification. Abu Dhabi’s strategy has placed petrochemicals and industrial chemicals at the centre of its non-oil manufacturing ambitions, with Ruwais positioned as a key hub. This is creating opportunities for specialised suppliers that can meet demanding global project specifications while managing cost and delivery schedules.
ADNOC is exploring investment opportunities in Canada’s upstream oil and liquefied natural gas sectors through XRG, its international energy investment arm, as Abu Dhabi intensifies its search for overseas assets aligned with long-term energy security and gas demand. Musabbeh Al Kaabi, ADNOC’s chief executive for upstream, said at the Global Energy Show in Calgary on Tuesday that the company was encouraged by Canada’s renewed emphasis on energy […]
Arabian Post Staff -Dubai Oman is moving to convert fiscal repair and regulatory reform into a stronger claim on international capital, positioning the International Financial Centre of Oman as the centrepiece of a drive to attract financial institutions, fund managers and professional services firms. The push comes as Muscat benefits from a restored investment-grade profile after several years of debt reduction, spending restraint and higher policy credibility […]
MAKKAH, SAUDI ARABIA – Media OutReach Newswire – 9 June 2026 – Umm Al Qura for Development and Construction has announced its 2026–2030 growth strategy, marking a significant step in its transformation from a single-destination developer into a diversified urban destination and investment platform across Saudi Arabia’s Western Region.
Masar Gardens
As part of this strategy, the company unveiled Masar Gardens, a new mixed-use urban destination in Makkah with an initial infrastructure and land investment of approximately SAR 6 billion. The project spans 1.2 million square meters and is expected to be developed over a five-year period.
The new strategy targets expanding Umm Al Qura’s development portfolio beyond its flagship Masar Destination, with future projects planned across Makkah, Jeddah, and Madinah. The company aims to create a diversified portfolio of urban destinations valued at exceeding SAR 50 billion while attracting new investment opportunities and strategic partnerships.
Yasser Abuateek, Chief Executive Officer of Umm Al Qura for Development and Construction, said the company is leveraging its proven development expertise and institutional capabilities to deliver long-term value for investors, communities, and the wider economy.
Masar Gardens will feature residential, commercial, hospitality, and public-use components supported by extensive infrastructure, green spaces, pedestrian pathways, and modern mobility solutions. The project is designed to contribute to Makkah’s long-term urban development objectives while enhancing quality of life and strengthening the city’s attractiveness as an investment destination.
The announcement reflects the company’s broader vision of developing scalable urban destinations that support Saudi Arabia’s economic diversification ambitions and create sustainable growth opportunities for local and international investors.
https://goglobal.com/
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