France is preparing targeted support for motorists who rely on their cars for work and daily life after the war involving Iran drove up oil prices and sharpened pressure on household budgets, with Prime Minister Sébastien Lecornu signalling that broad-based fuel subsidies remain off the table even as pump costs climb. Speaking in Bordeaux, Lecornu said ministers had been asked to draw up measures for people who […]
Arabian Post Staff -Dubai Iran’s downing of a US F-15E Strike Eagle and the loss of another American combat aircraft in the Gulf theatre have pushed Washington’s war with Tehran into a more dangerous phase, exposing the risks of a campaign that has already rattled oil markets and widened instability across the Middle East. US officials said one member of the F-15E crew was rescued while another […]
Arabian Post Staff -Dubai UAE equities ended Friday on a divided note as investors weighed the prospect of a wider Middle East conflict after U. S. President Donald Trump signalled that Washington could intensify attacks on Iranian infrastructure, a message that added to concern over energy supplies, shipping routes and regional risk appetite. Dubai’s main index fell, while Abu Dhabi’s benchmark edged higher, reflecting a market torn […]
As part of his partnership with 1win, Steveson will have the opportunity to work more closely with his mentor, UFC legend and fellow 1win global ambassador Jon Jones. Jones has already started sharing his experience and holding personal training sessions with the wrestler, and he is also expected to accompany him to key fights. The first joint photos of Steveson and Jones were published on the Telegram channel of the 1win owner.
Gable will also participate in 1win’s online and offline projects, marketing activations, and partner launches on social media. The 1win brand is also expected to be present at public events involving the athlete. Special emphasis will be placed on audience engagement on social media: posts, stories, short videos, and other formats for interacting with fans.
In February 2026, Gable Steveson defeated Hugo Lezama in a Mexico Fight League bout, finishing the fight by technical knockout in the first round. The win marked his third consecutive victory. His next fight is now confirmed for May 30 at Real American Freestyle (RAF09), which will be exclusively streamed on Fox Nation.
The agreement with Gable Steveson continues 1win’s strategy of partnering with high-profile and media-friendly world-class athletes. In particular, at the end of 2025, the company signed a partnership agreement with MMA champion Jon Jones. That same year, 1win also worked with Mexican boxer Canelo Álvarez.
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The issuer is solely responsible for the content of this announcement.
Founded in 2016, 1win is a crypto platform in the global gaming industry. Operating across Asia, Latin America, and Africa, 1win offers a wide range of services adapted to regional audiences. In 2024, 1win partnered with actor Johnny Sins as its brand ambassador. In 2025, MMA legend Jon Jones joined 1win as its global ambassador. American professional wrestler and mixed martial artist Gable Steveson stepped into the 1win global ambassador team earlier this year.
Arabian Post Staff -Dubai Kingdom Holding Company has agreed to buy Prince Alwaleed bin Talal AlSaud’s stake in Breakthrough Energy Ventures for 255 million riyals, or about $68 million, in a deal that pushes the Riyadh-listed investment firm further into climate-focused venture capital while underlining the growing role of Gulf capital in technology bets beyond conventional energy. The company disclosed the transaction on 2 April and said […]
Arabian Post Staff -Dubai du Pay and GCash have moved to tighten the UAE-Philippines remittance corridor with a partnership aimed at giving Filipinos in the Emirates faster transfers, broader digital utility and fresh promotional offers in one of the region’s most active migrant payment markets. The tie-up, announced on April 2, is designed to let money sent through du Pay land in GCash wallets within minutes, […]
The push reflects both urgency and caution. Government officials have said fertiliser stocks stand at about 18 million tonnes, up from 14.7 million tonnes a year earlier, against expected demand of roughly 39 million tonnes for the coming season. That gives policymakers some room, but not enough to ignore the exposure created by conflict near the Strait of Hormuz and tighter supply from traditional exporters. India has already been seeking larger volumes from Russia, Belarus and Morocco, while also sounding out other producers as insurance against further disruption.
At the heart of the concern is the structure of India’s import dependence. Reuters reported in March that more than 40 per cent of the country’s urea and phosphatic fertiliser needs are tied to the Middle East. Disruption there has a double effect: it threatens cargo availability and also raises the cost of natural gas, a crucial feedstock for nitrogen fertilisers. Domestic production has also come under pressure. Output of urea was reported at about 1.8 million tonnes a month during plant maintenance, below the more usual 2.4 million tonnes, adding to the need for timely imports even as officials insist there is no immediate shortage.
Price risk is now as important as volume risk. Fertiliser prices had already been climbing before the latest procurement outreach, with Reuters reporting that benchmark prices for some products rose to more than $600 a tonne from about $425. Wider market reporting has shown the same direction of travel. ICIS described March conditions as a period of heightened volatility across nitrogen, phosphate and sulphur markets as conflict in the Middle East hit trade flows and sentiment. Reuters and other industry reporting have also pointed to sharp jumps in urea and ammonia prices as shipping through Hormuz became more uncertain.
For the government, the political and economic challenge is to prevent that international surge from reaching farms at full force. Urea continues to be sold at a notified price of ₹242 for a 45-kg bag, while the Department of Fertilizers said in March that the retail price of DAP had been maintained at ₹1,350 for a 50-kg bag for the rabi season through subsidy support. That pricing shield helps farmers, but it also increases the fiscal burden when import costs rise. Industry material published in February said the state still bears about 90 per cent of the cost of urea, underlining how exposed the subsidy bill becomes when global markets tighten.
India has not relied on a single response. Apart from direct talks with overseas suppliers, firms have secured long-term volumes from Russia, including 2.8 million tonnes under reported arrangements, while a global tender for 1.3 million tonnes of urea was issued to reinforce reserves. Officials have also taken steps to support domestic output by prioritising gas allocation to fertiliser plants. The strategy suggests New Delhi is trying to build overlapping buffers rather than betting on a quick stabilisation in Gulf shipping.
The market backdrop gives that strategy added weight. Industry executives and analysts have warned that a prolonged conflict could squeeze farmers globally, alter crop choices and feed through into food inflation. Yara, one of the world’s largest fertiliser companies, has said farmers are being squeezed by the jump in input costs, while broader reporting has shown developing economies to be especially vulnerable because they are more dependent on imported fertilisers and have less room to absorb price shocks. For India, where fertiliser availability is tied directly to crop yields, rural incomes and food-price management, the issue is not only one of trade logistics but of macroeconomic stability.
Arabian Post Staff -Dubai Dubai lender Emirates NBD has won approval from the Reserve Bank of India to acquire up to 74 per cent of Mumbai-based RBL Bank, a decision that moves one of the largest cross-border banking deals in the country closer to completion and could reshape the private lender’s ownership, governance and market position. The approval, disclosed on April 2, allows Emirates NBD to […]
Masdar and TotalEnergies have signed a binding agreement to combine their onshore renewable energy portfolios across nine Asian markets into a 50:50 joint venture valued at $2.2 billion, marking one of the more significant cross-border clean energy tie-ups involving Gulf and European players this year. The new platform, to be headquartered in Abu Dhabi, is set to become the exclusive vehicle through which the two companies develop, […]
US-based Patel Family Office and Dammam-headquartered Abdel Hadi A. Al-Qahtani & Sons have signed a $1 billion agreement to build 50 business hotels across Saudi Arabia by 2029, betting that the Kingdom’s fast-growing corporate travel market now needs more standardised mid-market accommodation than luxury-led supply can offer. The partners said the platform, branded AYARA, was signed at the FII PRIORITY Summit in Miami and is expected to […]
Alibaba has launched Qwen3.6-Plus, the latest entry in its Qwen model family, positioning it as a tool built to help companies move from chat-based assistants to AI systems that can execute multi-step work across coding, reasoning and visual tasks. The release lands as the group deepens its push into agentic AI for both enterprise clients and consumer applications, with the model set to power Alibaba Cloud’s Model […]
Uganda’s Parliament has stepped up pressure on the government over a health cooperation deal with the United States that includes provisions for sharing pathogen specimens and certain health-related data, opening a wider argument about privacy, sovereignty and whether ministers gave lawmakers enough visibility before signing. The agreement sits inside a five-year Uganda–US health framework worth nearly $2.3 billion, signed on December 10, 2025, under which Washington is […]
Arabian Post Staff -Dubai The United Arab Emirates, led by Deputy Prime Minister and Minister of Interior Lieutenant General Sheikh Saif bin Zayed Al Nahyan, took part in the 43rd session of the Council of Arab Interior Ministers on 1 April, with the meeting held by videoconference and attended by interior ministers and senior security officials from across the Arab world. The session brought together representatives of […]
Ondo Finance drew fresh attention after Stockcoin. ai said its beta platform had gone live with AI-powered access to tokenised US stocks and stock-linked futures, a launch that placed Ondo’s on-chain equities infrastructure at the centre of another push to merge traditional markets with crypto rails. Social posts cited by search results from Ondo Finance described Stockcoin. ai as live for beta testing and positioned the service […]
Dubai Taxi Company and Baidu’s Apollo Go have begun fully driverless commercial ride-hailing in Dubai, opening public bookings through the Apollo Go app in what Baidu said is the platform’s first international app deployment. The launch adds a new commercial channel for autonomous transport in the emirate and gives Dubai one of the clearest live tests yet of how driverless taxis can move from controlled trials into […]
Arabian Post Staff -Dubai ADNOC Drilling shareholders have approved a final 2025 dividend of $250 million, taking the company’s total payout for the year to $1 billion and cementing a more ambitious cash-return policy that promises at least 5% annual dividend growth from 2026 through at least 2030. The approval, secured at the company’s annual general meeting, marks an important step for one of Abu Dhabi’s most […]
Donald Trump’s administration is making a fresh attempt to draw U. S. oil companies into Venezuela, offering regulatory relief and political backing as Washington tries to turn the country’s vast crude reserves into a strategic and commercial prize. Yet the campaign is meeting resistance from executives wary of sinking billions into a battered industry still shadowed by political risk, legal uncertainty and years of neglect. The push […]
BYD’s overseas business accelerated in March as higher fuel costs linked to the Iran war pushed more buyers towards electric vehicles, offering the carmaker a crucial buffer while its home market performance remained under pressure from fierce competition and softer demand. The Shenzhen-based group’s vehicle sales fell for a seventh straight month in March, but exports and overseas sales climbed sharply, underlining how quickly BYD is leaning […]
The proposed tender offer price is ¥4,750 a share. That figure carries an unusual wrinkle: Reuters reported it stood 4.7% below Taiyo’s last closing price, reflecting how market speculation had already lifted the stock, while the joint company release framed the offer as carrying a steep premium to unaffected average prices before the bidding process became public and before activist-related filings stirred the shares. The contrast underlines how Japan’s take-private deals are increasingly playing out in markets already primed by rumour, activism and expectations of strategic change.
Taiyo is not a household consumer name, but it sits in businesses that have become more visible to global investors. The group is a leading producer of solder resist and other materials used in printed circuit boards and semiconductor packaging substrates, while also operating a medical and pharmaceutical arm that makes prescription drugs and provides contract development and manufacturing services. In its own long-term planning, Taiyo has pointed to growth opportunities from generative AI, data centres and communications infrastructure on the electronics side, alongside structural reform and expansion in contract manufacturing for pharmaceuticals.
That mix helps explain why KKR sees room for a private-market strategy. Taiyo said privatisation would allow it to pursue long-term investments and quicker decision-making with less pressure from the public market. The company’s “Beyond Imagination 2030” plan targets a rise in net sales to ¥180 billion by fiscal 2031 from ¥119 billion in fiscal 2025, while operating income is targeted to more than double to ¥47 billion from ¥22 billion. Management has also been trying to improve capital efficiency after sustained dialogue with shareholders, including a focus on profitability in the medical and pharmaceuticals unit and a review of portfolio positioning across the group.
For KKR, the Taiyo bid fits a broader pattern in Japan. The firm said it has been investing in the country for two decades and manages more than $20 billion there. Its existing investments span semiconductor equipment, pharmaceuticals, information technology and logistics, sectors where global funds have been seeking companies with specialised technology, export potential or scope for operational overhaul. Taiyo gives KKR exposure to electronics materials tied to advanced manufacturing as well as a pharmaceuticals platform that could benefit from demand for contract manufacturing and stable domestic drug supply.
The shareholder line-up behind the offer is also notable. DIC, Taiyo’s largest shareholder, and Kowa, which is affiliated with the founding family, have agreed to sell through a share consolidation and buyback process after the tender offer is completed. The founding family plans to reinvest in the KKR-managed vehicle that will own Taiyo after privatisation. Oasis Management, long known for active positions in Japan, has separately agreed to tender shares representing about 15.62% of the company. That combination reduces execution risk and suggests the deal has been designed to balance continuity with outside capital and governance pressure.
Still, the transaction comes with questions that investors and analysts will watch closely. A take-private at a headline valuation above ¥500 billion will invite scrutiny over whether minority holders are being offered enough upside after the stock’s sharp re-rating. The tender offer has yet to begin formally and remains subject to customary conditions, including regulatory approvals. Any delays or shifts in market conditions could test sentiment, especially at a time when deal financing and foreign buyouts in Japan are being judged against a higher bar on governance, transparency and shareholder treatment.
Taiyo’s business profile gives the story wider significance than a conventional chemicals buyout. Its electronics arm remains the core earnings driver, but the medical and pharmaceuticals business has been gaining attention as order volumes rise in contract manufacturing and as the group tries to lift margins. Taiyo’s own targets show electronics sales climbing to ¥128 billion by fiscal 2031 and medical and pharmaceuticals sales to ¥43 billion, with the latter expected to deliver a marked improvement in profitability. That combination of steady industrial demand and a healthcare growth angle is the sort of hybrid case private equity firms have been seeking across Japan’s listed mid-cap sector.
Malta has sharpened its fight with Brussels over plans to tighten European Union oversight of crypto companies, arguing that a heavier centralised regime would drive firms towards the United States, the UAE and parts of Asia instead of keeping them inside the bloc. The warning marks the latest escalation in a widening dispute over how the EU should police digital-asset businesses under its new Markets in Crypto-Assets […]
Arabian Post Staff -Dubai Serhii Zakharov, founder and chief executive of PayDo, has been honoured at FinTech Week Dubai 2026 with the Excellence in Financial Leadership Award in the Digital Payments Innovation category, adding a personal accolade to a year in which the London-based payments firm has been expanding its regulatory footprint and product stack. Event-linked coverage and company-linked posts place the award at FinTech Week Dubai, […]
Meta is testing a paid Instagram tier for everyday users, opening a fresh experiment in how far people will pay for privacy, reach and tighter audience control inside one of the world’s biggest social apps. The test, branded Instagram Plus, centres on Stories and includes anonymous viewing, expanded audience lists, replay insights, longer visibility windows and tools designed to push a Story closer to the front of […]
Berkeley Group is halting new land purchases and slowing construction, marking one of the sharpest signals yet that Britain’s housing recovery remains vulnerable to higher costs, planning friction and tighter development economics. The FTSE 100 housebuilder said the pressure from taxes, regulation and wider market uncertainty has made fresh land buying harder to justify, even as it tries to protect margins and preserve cash. The decision […]
Mistral has raised $830 million in debt financing to build a large AI computing hub near Paris, a move that places the French start-up at the heart of Europe’s effort to develop home-grown artificial intelligence infrastructure and rely less on overseas cloud providers. The funding, the company’s first debt raise, will be used to buy 13,800 Nvidia chips for a data centre at Bruyères-le-Châtel, south of the […]
