Arabian Post Staff -Dubai Crown Prince Mohammed bin Salman held a telephone conversation on Saturday with US President Donald Trump, as Washington condemned missile launches targeting the Kingdom that were intercepted by Saudi air defences. According to the Saudi Press Agency, Trump described the missile attacks as blatant and reaffirmed US support for Saudi Arabia’s security. He pledged backing for measures taken by Riyadh to counter what […]
Block, Inc. disclosed a strategic increase in its Bitcoin holdings during the fourth quarter of 2025, purchasing 340 bitcoins valued at roughly $22 million and bringing its total treasury reserve to about 8,883 BTC. The acquisition forms part of the fintech company’s long-term asset allocation strategy, underscoring its continued commitment to digital asset accumulation even as broader market conditions fluctuate. This move emerged alongside earnings results that […]
Saudi Arabia is accelerating development of a vast unconventional gas field in the Arabian Desert, drawing on techniques refined in North America’s shale boom to reshape its energy mix and bolster state revenues. Southeast of the giant Ghawar oilfield, the state-controlled Saudi Aramco is pressing ahead with the multi-billion-dollar expansion of the Jafurah basin, the kingdom’s largest non-associated gas field. Executives have described the project as a […]
Abu Dhabi is preparing to export increased volumes of its flagship Murban crude for April delivery as part of a broader effort by Gulf producers to strengthen supply ahead of a pivotal OPEC+ gathering and amidst mounting geopolitical uncertainties. The state-owned Abu Dhabi National Oil Company has offered additional barrels to its partners in the onshore concession that produces the light, low-sulphur grade, traders said. It remains […]
Arabian Post Staff -Dubai Dubai’s largest paid public parking operator has asked the Roads and Transport Authority to revise its tariff grid and seasonal card structure, a move that could lift the weighted average fee motorists pay across the city. Parkin confirmed on Wednesday that it submitted a formal request to the RTA earlier this month, proposing adjustments to standard parking charges and to the pricing of […]
Kenya’s government has moved to repurchase about $415 million of its outstanding Eurobonds due in 2028 and 2032, a strategic manoeuvre designed to ease looming repayment pressures and recalibrate the nation’s external debt profile. The tender offer, which attracted substantial investor interest, comes amid broader efforts to manage refinancing risk and sustain fiscal stability as the East African economy navigates tight debt dynamics. Officials confirmed that all […]
Arabian Post Staff -Dubai Metal Park, the integrated downstream metals ecosystem based in Khalifa Economic Zones Abu Dhabi, has entered a strategic agreement with Germany’s Frindt Consulting to roll out digital laser cutting services aimed at reshaping fabrication workflows across the Gulf. The collaboration is designed to embed advanced digital platforms into Metal Park’s production network, enabling automated order processing, real-time design optimisation and precision-driven laser cutting […]
OpenAI has secured an unprecedented $110 billion investment commitment from Amazon, Nvidia and SoftBank, propelling the artificial intelligence company into what could be the largest private funding round in history and sharply intensifying competition in the AI sector. The financial injection comes as the developer of the ChatGPT generative AI platform prepares for a potential public offering later this year and looks to expand its global infrastructure […]
Arabian Post Staff -Dubai Fynd, the Mumbai-headquartered AI-native retail technology company backed by Reliance Retail Ventures Limited, has formally entered the Kingdom of Saudi Arabia with a strategic push to drive unified commerce among leading retailers and enterprise brands. The company’s launch in Riyadh is anchored in partnerships with established local players such as NICE, where its technology is already being used to enhance omnichannel operations, bridging […]
CUKTECH focuses on the development of power and charging solutions, with a product portfolio that includes power banks, charging cables, wall chargers, and car chargers. Product development emphasizes charging efficiency, safety standards, and long-term reliability, addressing everyday usage scenarios involving smartphones, tablets, laptops, and other connected devices. The brand’s solutions are designed to support increasingly common multi-device lifestyles, including mobile work and frequent travel.
Prior to the launch of the official online store, CUKTECH operated in Indonesia mainly through third-party distribution channels, resulting in limited product availability. With the establishment of an official channel, the company is gradually introducing a more complete product lineup to the Indonesian market, aligning local availability with that of other Southeast Asian markets such as Vietnam, Malaysia, and the Philippines.
According to the company, the official online store serves as a centralized platform for presenting product specifications, technical features, and launch updates in a consistent manner. This approach is intended to improve transparency and accessibility for consumers while supporting a more structured, long-term market strategy in Indonesia.
Looking ahead, CUKTECH plans to continue expanding its product portfolio in Indonesia, introducing additional products to address evolving local usage needs. Future launches will focus on scenarios such as multi-device charging, mobile productivity, and daily commuting, reflecting changing consumer behavior.
This market-oriented approach aligns with CUKTECH’s brand philosophy, “In somewhere, For somewhere,” which emphasizes adapting products and solutions to the specific needs of each market rather than applying a uniform global model.
Updates on product launches, brand developments, and the official online store can be found through CUKTECH’s official social media channels on Instagram and TikTok:cuktech_id
https://www.tokopedia.com/cuktech-official-store
https://shopee.co.id/shop/1748675224
Hashtag: #CUKTECH
The issuer is solely responsible for the content of this announcement.
Anthropic has declined to proceed with a revised artificial intelligence contract offered by the US Department of Defense, citing concerns that changes to the agreement would weaken safeguards tied to its core safety commitments and restrictions on military applications. The San Francisco-based company, founded by former OpenAI executives including Dario Amodei and Daniela Amodei, confirmed it would not accept amendments to a previously negotiated arrangement that it […]
Khalifa Economic Zones Abu Dhabi has signed a 50-year land lease agreement with Galadari Brothers’ Heavy Equipment Division to develop a large-scale logistics and distribution hub at KEZAD A in Al Ma’mourah, marking another long-term industrial commitment within Abu Dhabi’s flagship manufacturing and trade zone. The agreement covers a 150,000 square metre plot and represents an investment of AED75 million by Galadari to establish a purpose-built facility […]
Arabian Post Staff -Dubai Motorists who fail to stop for pedestrians at designated crossings in Sharjah face a Dh500 fine and black traffic points, as authorities intensify efforts to curb road fatalities and reinforce a culture of shared responsibility on the emirate’s streets. Sharjah Police have renewed warnings that drivers must yield at zebra crossings and other marked pedestrian areas, stressing that the penalty is not merely […]
Paramount Skydance has emerged as the probable victor in a high-stakes contest to acquire Warner Bros Discovery, as streaming giant Netflix declined to increase its offer, effectively withdrawing from the pursuit and handing momentum to its rival. Paramount’s revised proposal of $31 per share in cash and commitment to cover substantial termination and regulatory fees was judged superior by the Warner Bros Discovery board, setting the stage […]
Arabian Post Staff -Dubai Dubai Electricity and Water Authority has been named Strategic Sustainability Partner for the Arab Media Summit 2026, strengthening the event’s environmental agenda as organisers position the gathering as a platform aligned with the UAE’s long-term climate commitments. Dubai Press Club, which organises the Arab Media Summit, confirmed the partnership ahead of the next edition scheduled to take place in Dubai under the patronage […]
Super Micro Computer Inc. and Abu Dhabi-based EHC Investment have unveiled plans to develop sovereign artificial intelligence data centres in the United Arab Emirates, positioning the Gulf state to expand domestic control over high-performance computing infrastructure amid accelerating demand for AI workloads. The partnership seeks to deliver modular, rapidly deployable data centre facilities designed to support advanced AI training and inference while ensuring data residency within the […]
Ellah Lakes Plc, the Lagos-listed agro-industrial group, confirmed its bid to raise up to ₦235 billion through a public offer for subscription did not reach the minimum subscription threshold required to proceed with share allotment, leading to a full refund of investor funds. The offer, which targeted up to 18.8 billion ordinary shares priced at ₦12.50 each, opened in November and closed in December but failed to […]
Arabian Post Staff -Dubai Dubai-based Emirates Gold has marked 34 years in the precious metals industry by outlining plans to deepen its refining capacity, expand international partnerships and strengthen its role in shaping the region’s bullion trade by 2026. Founded in 1992, the company has grown from a local refinery into one of the Middle East’s established minting and gold refining firms, operating from Dubai Multi Commodities […]
Moscow’s Federal Security Service has opened a criminal investigation into Telegram founder and chief executive Pavel Durov, accusing him of aiding and abetting terrorist activities linked to widespread content on the messaging platform and alleging refusal to cooperate with law enforcement. State-affiliated media in Moscow published material this week stating that the investigation falls under Russia’s criminal code provisions on assistance to terrorism, a charge that carries […]
WhatsApp is testing a scheduled messages feature in its iOS beta, allowing users to choose a specific date and time for a message to be delivered automatically, a move that reflects a deeper shift in how the platform is positioning itself for more structured, business-oriented communication. The feature, spotted in the iOS beta distributed through Apple’s TestFlight programme, enables users to draft a message and set it […]
Mr Chan said Hong Kong would be stepping up support measures such as computing power, land and capital, to enhance the city’s influence as a global source of original innovation.”Hong Kong’s strengths in innovative scientific research and commercialisation of research outcomes lie in our internationalised qualities, strong research capabilities, support of financial sector and a rich pool of high-calibre talents,” Mr Chan said.
He added that the Government is pressing ahead with the industrialisation of artificial intelligence (AI) and deepening its integration across various industries, while encouraging wider AI application, referred to as AI+, with an initial focus on life and health technology and embodied AI.
“I will establish and chair the Committee on AI+ and Industry Development Strategy to formulate strategies and create favourable conditions for AI to empower the transformation and development of industries,” Mr Chan said.
“We are making proactive efforts to align with the National AI+ Initiative by promoting ‘industries for AI’ and ‘AI for industries’ through application.”
The Financial Secretary highlighted that the Hong Kong Artificial Intelligence Research and Development Institute Company Limited will come into operation in the second half of this year, to promote AI+ development and transformation of R&D outcomes and advise the Government on relevant matters.
Professor Sun Dong, Secretary for Innovation, Technology and Industry, echoed the need for holistic development of AI+ development. “When you talk about AI, you cannot just talk about AI research, or just talk about the infrastructure, we have to do it together. Actually, that is what we have been doing in the past three years. Everything is very important.”
Central to the Government’s efforts in promoting I&T is the San Tin Technopole area in the Northern Metropolis development.
“The San Tin Technopole will provide a large piece of land which can help accelerate the commercialisation of R&D results and provide industrial space for prototyping, pilot and mass production,” Mr Chan said. He proposed injecting $10 billion (US$1.28 billion) as initial capital to take forward the development, while leveraging market resources to accelerate the progress.
Mr Chan also earmarked $10 billion (US$1.28 billion) to accelerate the development of the Hetao Hong Kong Park by engaging the market to speed up the disposal of the remaining land parcels under Phase 1 development, providing key infrastructure, further strengthening support to start-ups and establishing a venture fund.
Mr Chan set aside about $220 million (US$28 million) to establish in Hong Kong the first national manufacturing innovation centre outside the Chinese Mainland. This, he said, reflects the Government’s commitment to implementing the Co-operation Agreement on the Development of New Quality Productive Forces and the Promotion of New Industrialisation signed with the Ministry of Industry and Information Technology to promote industrial collaboration.
The Budget also sets out support measures for various technology-related emerging industries. Among them is the aerospace industry. The Office for Attracting Strategic Enterprises will take the lead to identify aerospace enterprises to develop in Hong Kong. Also, the Hong Kong Exchanges and Clearing Limited would review the relevant listing requirements to facilitate and attract the listing of aerospace enterprises in Hong Kong.
Noting that low earth orbit satellites can support the development of high-end industries, Mr Chan said the Government would proactively expand telecommunications infrastructure, streamline the relevant licensing regime and promote future 6G applications.
Meanwhile, the $10 billion (US$1.28 billion) Innovation and Technology Industry-Oriented Fund, introduced by the Government to channel market capital to invest in emerging fields of strategic importance, such as life and health technology, AI and robotics, as well as future industries, is expected to commence operation within this year.
“The key is to popularise the understanding and use of AI by all levels of society,” Mr Chan said.
Hashtag: #HongKong #BrandHongKong #Budget #Innovation #Technology #AI
https://www.brandhk.gov.hk/
https://www.linkedin.com/company/brand-hong-kong/
https://x.com/Brand_HK/
https://www.facebook.com/brandhk.isd
https://www.instagram.com/brandhongkong
The issuer is solely responsible for the content of this announcement.
Arabian Post Staff -Dubai Lu Daopei Medical has joined forces with Florence Nightingale Hospital Group in Turkey to establish what the partners describe as the Middle East and North Africa’s first dedicated CAR-T stem cell therapy centre, targeting severe forms of leukaemia including paediatric cases. The initiative, backed by Investcorp through its China Pre-IPO Healthcare Fund, signals a push to expand advanced cellular immunotherapy beyond traditional hubs […]
Shell Plc has opened preliminary discussions to sell a minority interest in the North West Shelf liquefied natural gas project in Western Australia, engaging potential buyers that include a unit of Abu Dhabi National Oil Co. and Midocean Energy, according to people familiar with the matter. Talks are centred on Shell’s holding in the A$34 billion development, one of Australia’s longest-running LNG export ventures, located near Karratha […]
Abu Dhabi recorded a sharp rise in new business licences during 2025, underscoring continued momentum in the emirate’s drive to broaden its non-oil economy and attract private investment. The Abu Dhabi Registration Authority, the regulatory arm of the Abu Dhabi Department of Economic Development, said new economic licences climbed 29 per cent in 2025 compared with 2024. Renewed licences rose 20 per cent over the same period, […]
