A sweeping showcase of colour, handwork and heritage brought Dubai Fashion Week to a close on Friday as designer Manish Malhotra presented a collection framed as a tribute to India’s artistic traditions, placing couture craft at the centre of the region’s fast-growing luxury calendar. Staged as the final show of the season, the presentation unfolded as a polished runway narrative that blended formal silhouettes with ornate surface […]
Arabian Post Staff -Dubai Heroiks, a Paris-founded growth strategy and media activation consultancy, has established its first Middle East operation with a new office in Dubai Media City, aiming to strengthen its international footprint amid evolving marketing dynamics. The firm said the Dubai hub will serve as a strategic base to support local and international advertisers with data-driven growth strategy, omnichannel activation and performance measurement solutions. The […]
AI. com has changed hands in a transaction valued at about $70 million, placing the domain among the most expensive digital real estate deals on record and setting the stage for a high-profile consumer launch tied to Super Bowl LX. People familiar with the plans say the new owners intend to unveil the brand during the championship game with a national advertising campaign, betting that mass-market visibility […]
Samsung Electronics plans to begin mass production of its next-generation high-bandwidth memory chips, HBM4, next month, positioning the company to step up supplies to key artificial intelligence customers led by Nvidia as competition in advanced memory intensifies. The South Korean chipmaker has been racing to finalise yields and qualification for HBM4, a critical component for the latest generation of AI accelerators that demand faster data transfer and […]
Arabian Post Staff -Dubai PureHealth Holding delivered a solid set of full-year results for 2025, reporting net profit of AED2 billion and proposing a cash dividend of AED600 million, underscoring the scale and resilience of the Abu Dhabi-based healthcare group as it expands across services, geographies and clinical capabilities. The company said results for the year ended 31 December 2025 reflected steady demand across hospitals, clinics, diagnostics […]
Sovereign credit prospects across the Middle East are set to remain stable through 2026, underpinned by resilient economic fundamentals, disciplined fiscal management and sizeable financial buffers, even as the region navigates elevated geopolitical tensions and softer oil prices, according to an assessment by S&P Global Ratings. The ratings agency points to strong government balance sheets and a steady expansion of policy flexibility as key factors insulating most […]
Quantum computing is emerging as a strategic lever for India’s ambition to secure a leading role in the global technology order, with Andhra Pradesh Chief Minister N. Chandrababu Naidu arguing that early investments and coordinated policy could reshape the country’s IT and industrial landscape. Speaking in Amaravati, Naidu said quantum technologies had the potential to redefine computing power, cybersecurity, materials science and drug discovery, placing India at a critical juncture as global competition accelerates.
Naidu’s remarks came as Andhra Pradesh positions itself as a focal point for quantum research and commercialisation through its Quantum Valley initiative, which aims to bring together academic institutions, global technology firms and startups on a single platform. The programme is designed to move beyond theoretical research and translate quantum science into deployable applications, an area where many countries are racing to gain first-mover advantage.
Quantum computing differs fundamentally from classical computing by using quantum bits, or qubits, that can exist in multiple states simultaneously. This allows certain calculations to be performed exponentially faster, opening pathways in optimisation problems, climate modelling, financial risk analysis and cryptography that are currently beyond reach. Governments in the United States, China and the European Union have committed billions of dollars to quantum research, viewing it as both an economic and national security priority.
Naidu said India’s strength lay in its deep pool of engineering talent and its established position in information technology services, but warned that relying solely on legacy software models would leave the country vulnerable as the technology cycle shifts. He argued that quantum computing, when combined with artificial intelligence and advanced semiconductors, could create a new technology stack in which India could compete at the highest level rather than remain a downstream adopter.
The Andhra Pradesh government has pitched Quantum Valley as a long-term ecosystem rather than a single project. Plans include dedicated research facilities, incentives for private investment, and partnerships with universities and multinational technology companies working on quantum hardware, algorithms and error correction. Officials involved in the programme say the aim is to create an environment similar to established innovation clusters, where research, talent and capital reinforce one another.
India’s broader policy environment has also begun to align with these ambitions. The national quantum mission, approved by the Union government, outlines funding for quantum computing, communications and sensing over the coming years, with a focus on building indigenous capabilities. Research groups at institutions such as the Indian Institute of Science and several Indian Institutes of Technology are already active in quantum algorithms and materials research, while startups are exploring niche applications in logistics, finance and healthcare.
Industry analysts note that quantum computing remains at an early stage globally, with practical, large-scale systems still years away. Current machines are limited by qubit stability and error rates, and most commercial use cases are experimental. However, the pace of progress has intensified, with steady advances in hardware architectures and hybrid models that combine classical and quantum computing. Countries that invest early in skills and research infrastructure are expected to gain disproportionate benefits once the technology matures.
Naidu acknowledged these challenges, stressing that quantum computing should be approached as a marathon rather than a sprint. He said sustained investment, patient capital and close collaboration between government, academia and industry would be essential to avoid fragmented efforts. He also emphasised the importance of education and workforce development, arguing that quantum science should be integrated into advanced engineering curricula to build a pipeline of specialised talent.
Bitcoin has surrendered all the gains it notched after Donald Trump’s return to the White House, sliding amid thin liquidity and shifting expectations over US monetary policy, a move that has unsettled broader digital asset markets and revived questions about the sector’s resilience in a tightening financial environment. The world’s largest cryptocurrency fell below $61,000 during the week, a level last seen before Trump’s election victory, before […]
Rolls-Royce Motor Cars has expanded its retail footprint in Dubai with the opening of a second showroom at City Walk, reinforcing the marque’s confidence in sustained demand for ultra-luxury vehicles across the Middle East and signalling a sharper focus on experiential retail in one of its strongest global markets. The new City Walk space complements the brand’s long-established presence on Sheikh Zayed Road and is designed to […]
HONG KONG SAR – Media OutReach Newswire – 9 February 2026 – According to the World Bank, SMEs account for approximately 90% the world’s businesses and contribute 65% of the global cross-border trade. SMEs play a pivotal rolein most economies, particularly in emerging markets. Estimates from the World Trade Organization (WTO) and the Organization for Economic Co-operation and Development (OECD) suggest that B2B cross-border trade payment market for SMEs is worth approximately $20 trillion.
However, traditional commercial banks have been facing multiple challenges in serving SMEs, including strict compliance and risk control requirements, lower profit generating, and license limitations, resulting in a large unmet demand through formal financial systems.
XTransfer’s field research in emerging markets indicates that many SMEs resort to illicit settlement channels like underground banks out of necessity. In fact, the trade volume processed through these unofficial avenues could be 2 to 5 times larger than the official import and export figures.
Compared to other segments, B2B cross-border payment presents vast opportunities
In the cross-border payment industry, services can be categorised into four segments based on money flows:
Marketplace 2B
These businesses provide payment processing services for sellers on e-commerce platforms. Risk control is primarily based on e-commerce platform’s integrated of data streams (e.g., merchant details, logistics, transaction history). With relatively low technical barriers and compliance capabilities, the industry is highly saturated.
B2B
Focused on traditional cross-border trade enterprises, this segment has huge potential but features high risk control complexity and high barriers. Payment service providers must individually verify the entire information flow pertaining to each transaction (including buyer/seller details, orders, logistics, contracts, etc.), which results in many companies attempting to enter, but few succeed.
C2C
This primarily covers cross-border remittances between individuals. The overall market scale is relatively small, with limited use cases.
C2B
This is the most well-established segment, dominated by cross-border payment giants such as Visa, Mastercard, PayPal, and Stripe. The market is saturated with intense competition.
As a reference, the C2B cross-border payment industry has evolved dramatically over the last five decades, especially in the past ten years. Mobile wallet providers in China, the U.S. and Europe drove the mobile payment revolution, establishing a well-established cross-border settlement and risk control platform dominated by card schemes and wallets like PayPal. The system features significant advantages, including efficient transaction processes and unified risk control standards.
In contrast, B2B cross-border payments still primarily rely on traditional bank transfers. The sector as a whole is still on the cusp of the “mobile payment revolution” and has not yet formed a unified clearing mechanism or a standardized risk control system.
However, this development gap also points to a huge market opportunity. The B2B cross-border settlement market for SMEs desperately needs a shake-up. Service providers that possess a deep understanding of global customer needs and are equipped with technological and compliance capabilities will unleash vast growth potential in this space.
Beyond Borders: XTransfer Insights is a thought-leadership series that shares XTransfer’s perspectives on the forces shaping global trade and financial services. Through research-driven insights and real-world observations, it highlights emerging trends, key challenges, and opportunities across international markets.
Hashtag: #XTransfer #Crossborder #Payment #SMEs #whitepaper
https://www.xtransfer.com
https://www.linkedin.com/company/xtransfer.cn
https://x.com/xtransferglobal
https://www.facebook.com/XTransferGlobal/
https://www.instagram.com/xtransfer.global
The issuer is solely responsible for the content of this announcement.
Larsen & Toubro is set to expand its data centre footprint to 32 megawatts by the end of March, commissioning 18 MW of new capacity as the engineering major sharpens its focus on digital infrastructure alongside emerging opportunities in green hydrogen and semiconductors.
The additional capacity will lift the group’s operational data centre load from the existing 14 MW, marking a decisive step in a segment that has become a core pillar of its technology-led growth strategy. The commissioning is scheduled to be completed before the close of the financial year, aligning with strong demand from cloud service providers, hyperscalers and large enterprises accelerating their migration to outsourced digital infrastructure.
Larsen & Toubro has steadily built its data centre business over the past few years, leveraging its engineering, procurement and construction capabilities to develop facilities that meet high standards for power efficiency, uptime and scalability. Executives have previously indicated that the group’s focus is on delivering carrier-neutral and hyperscale-ready campuses in key metros, where demand continues to outpace supply despite a wave of new announcements by domestic and global operators.
Industry estimates show that data consumption growth, artificial intelligence workloads and stricter data localisation norms are driving sustained investment in capacity across Asia. India remains one of the fastest-growing markets in this space, with several multinational cloud companies committing to expand their presence. Against this backdrop, L&T’s move to lift capacity by more than double underscores its intention to be a long-term player rather than a peripheral builder.
The data centre expansion is being pursued alongside the company’s ambitions in newer industrial segments. L&T has signalled that it is actively pursuing orders related to electrolysers, a critical component for producing green hydrogen, as governments and industrial groups accelerate decarbonisation plans. Electrolyser manufacturing and deployment are viewed as strategic areas where the company’s heavy engineering background can be translated into repeatable, export-oriented businesses.
Management has also reiterated interest in the semiconductor ecosystem, particularly in supplying equipment, engineering services and infrastructure for chip fabrication and assembly units. While L&T is not positioning itself as a chipmaker, it aims to capture value across the supply chain as multiple semiconductor projects move from proposal to execution stages. The company has indicated that it is evaluating opportunities linked to cleanroom construction, precision engineering and advanced manufacturing systems required by chip plants.
Analysts tracking the capital goods sector note that diversification into data centres and clean energy-linked manufacturing provides a hedge against cyclicality in traditional infrastructure spending. Order inflows from transport, hydrocarbons and power transmission remain important for L&T, but newer verticals are expected to deliver higher margins and longer visibility once scale is achieved.
The data centre business, in particular, benefits from predictable long-term contracts and rising demand for energy-efficient facilities. Power availability and cooling efficiency have become critical differentiators as operators seek to control operating costs and meet sustainability targets. L&T has highlighted its emphasis on optimised designs, modular construction and integration of renewable energy where feasible, in response to customer requirements.
From a financial perspective, the 18 MW commissioning is not expected to materially strain the balance sheet, given the group’s strong cash flows and diversified revenue base. The company has historically funded growth through a mix of internal accruals and selective partnerships, and similar structures are being explored for digital infrastructure projects to manage risk and accelerate execution.
Market participants also point to the broader ecosystem benefits of large data centre builds, including demand for electrical equipment, cooling systems, specialised construction and long-term maintenance services. This creates opportunities for L&T to cross-leverage capabilities across its subsidiaries and verticals, reinforcing the strategic rationale behind the expansion.
Uber’s push into autonomous vehicles hinges on a complex sensor ecosystem that is increasingly central to how the company positions itself in the future of transportation, even as it pivots from building self-driving systems internally to orchestrating partnerships across the sector. The ability of vehicles to perceive, predict and respond to real-world conditions depends on the performance, redundancy and cost of the sensors that sit at the […]
Apple Pay users across multiple regions are being targeted by a coordinated phishing operation that security researchers describe as more sophisticated than conventional digital fraud, exploiting trust in familiar branding and the pressure of urgent security warnings to extract sensitive payment credentials. The campaign blends carefully designed emails with follow-up phone calls, a hybrid tactic that has enabled attackers to bypass user scepticism and some automated security […]
Changan is accelerating the advancement of sodium-ion battery technology as part of its global battery strategy. Tan Benhong, Chief Brand Officer of China Changan Automobile Group, noted that Changan will continue to roll out new sodium-ion battery–equipped vehicles across multiple brands in the near future.
“From extreme conditions to everyday driving — every pursuit of limits at Changan ultimately serves to protect each of our users’ everyday journeys.” stated Mr. Tan.
Under extreme low temperatures, sodium-ion battery systems demonstrated stable discharge capability, with validation extending beyond minus 40 degrees Celsius. To verify intrinsic safety, Changan and CATL conducted extreme abuse tests exceeding national standards, including compression, nail penetration, drilling, and full cutting under full charge, all without fire, explosion, smoke, or thermal runaway.
SDA Intelligence: Validation in Extreme Conditions
The launch also showcased SDA Intelligence, which moves beyond passive safety into proactive, AI-driven vehicle stabilization. During live extreme-cold testing in Yakeshi, vehicles from AVATR and Changan brands—including the CS Series, CHANGAN DEEPAL, and CHANGAN NEVO—were subjected to real-world scenarios under severe low-temperature conditions.
The AVATR 12 completed an ice-surface emergency lane-change following a tire blowout at 80 km/h. CHANGAN NEVO Q05 identified obstacles on low-friction ice during an Adaptive Cruise Control (ACC) challenge and achieved a controlled emergency halt. CHANGAN DEEPAL L06 demonstrated rapid posture adjustments during a high-speed circular drift challenge on snow.
User-facing safety at Changan is built on a validation-first approach supported by a robust verification system and globally advanced laboratory infrastructure, including the Western Automotive Proving Ground and the CHANGAN SDA Lab, enabling comprehensive, all-scenario validation across the full vehicle lifecycle.
Yakeshi is only the starting point. The 2026 Global Testing Season will include Southeast Asia for high-humidity durability and the European Alps for high-altitude chassis tuning. In Eurasia, Changan will conduct winter testing centered on confidence in ice and snow, with AVATR 12 as the test vehicle. In Latin America, Changan will carry out a Mexico cross-country drive from Cancun to Merida, focusing on long-distance reliability.
Hashtag: #Changan
The issuer is solely responsible for the content of this announcement.
Documents released by the United States Justice Department have revealed how Jeffrey Epstein’s web of influence extended into India, underscoring the disgraced financier’s sustained efforts to cultivate relationships with prominent figures across business, politics and academia long before his arrest and death. The files, unsealed as part of litigation connected to Epstein associate Ghislaine Maxwell, include exchanges indicating contact between Epstein and Anil Ambani over a period […]
Arabian Post Staff -Dubai Russia is widening its search for workers across South Asia as labour shortages deepen across construction, manufacturing, transport and services, prompting outreach to India and Sri Lanka through recruitment drives, bilateral talks and private placement channels. The move reflects a tightening domestic labour market shaped by demographic decline, sustained emigration flows and the pull of defence-related industries, according to officials and employers familiar […]
Arabian Post Staff -Dubai Kuwait has set out a long-term plan to lift crude oil production capacity to 4 million barrels per day by 2035, up from about 3 million bpd at present, signalling a renewed push to secure upstream growth while managing the pressures of energy transition and market volatility. The target was outlined by Nawaf S. Al-Sabah, deputy chairman and chief executive of Kuwait Petroleum […]
Set against the historic backdrop of the Sforza Castle and the commercial artery of Via Dante, AWI turns one of Milan’s most recognizable public spaces into a live demonstration of how digital technologies can intersect with culture, commerce and consumer engagement. Powered by Alibaba’s advanced technology stack, the showcase illustrates how artificial intelligence can enable immersive, interactive digital retail experiences that respond dynamically to individual preferences.
“Alibaba and the IOC share a simple belief together: technology should enable the Olympic Games to be more exciting, accessible, sustainable and connected,” said Joe Tsai, Chairman of Alibaba Group. “With the power of AI, we are moving from “Cloud Olympics” toward “Intelligent Olympics”, as AI helps us work better, make smarter decisions, and connect more meaningfully.”
“I’m delighted to be here at the Alibaba Group Showcase, celebrating nine years of our partnership which represents one of the most significant technological transformations in Olympic history. Building on innovations delivered at recent Games, Milano Cortina 2026 represents a major step forward in cloud-based, AI-enabled broadcasting and operations, setting a new benchmark for future editionsn. Together with Alibaba, we’re not only ensuring the Games remain efficient and sustainable, but also remain engaging through sports media technology to audiences, athletes and fans worldwide”, said Kirsty Coventry, President of the International Olympic Committee (IOC)”
A Personalized Journey Guided by AI
At the core of the installation is an AI-guided journey that brings virtual retail into a physical environment. Upon entry, visitors are invited to share simple preferences—such as their favorite Milano Cortina 2026 sport—with an AI agent, which uses these inputs to curate a personalized journey throughout the space. Visitors may also choose to have their photo taken to generate a real-time digital avatar, further tailoring the journey to the individual.
The AI agent then acts as a virtual stylist, interacting with visitors and offering tailored recommendations for clothing, fragrance, and makeup. As participants make selections, the experience evolves continuously, demonstrating how AI-enabled retail can move beyond static product catalogues towards adaptive, interactive experiences. Each journey culminates in a personalized AI-generated video in which the visitor’s avatar becomes the central character in a digital gala setting.
The experience is supported by Alibaba’s latest AI and cloud technologies, including its Qwen3 series of large language and vision models, Wan 2.2 image-to-video generation model, and Taobao Vision’s immersive shopping solution, and Alibaba Cloud’s global cloud infrastructure.
Architecture Inspired by Ice and Light
Spanning 40 meters, the installation consists of two architectural elements:
Designed with sustainability in mind, the installation uses recyclable materials and leaves no permanent footprint on the historic plaza.
AWI will be open to the public from February 7–22, 2026, during the Olympic Winter Games, and March 6–15, 2026, during the Paralympic Winter Games.
Showcasing the First AI-Generated Olympic Fan Art Collection
The opening of AWI also marked the unveiling of the results of the Alibaba Cloud AIGC Championship @ Milano Cortina 2026, the first Olympic fan engagement initiative of its kind developed in partnership with the International Olympic Committee, the Olympic Museum and the Milano Cortina 2026 Organising Committee.
Using Alibaba’s Wan video generation models, fans from around the world created original video artworks inspired by four winter sports: figure skating, short track speed skating, alpine skiing, and snowboarding.
A curated selection of the top 100 works is now being displayed on the surface of the Snow Globe. This collection represents the first AI-generated artworks to be displayed by the Olympic Museum located in Lausanne, Switzerland. Ten creators will be awarded tickets to attend the Olympic Winter Games in person.
By combining Olympic inspiration with accessible AI technology, Alibaba Wonder on Ice invites fans worldwide to go beyond spectating, allowing them to step into the Games, express their “vibe,” and join the Olympic Movement in an entirely new way.
Hashtag: #Alibaba
The issuer is solely responsible for the content of this announcement.
Alibaba Group is a global technology company focused on e-commerce and cloud computing. We enable merchants, brands and retailers to market, sell and engage with consumers by providing digital and logistics infrastructure, efficiency tools and vast marketing reach. We empower enterprises with our leading cloud infrastructure, services and work collaboration capabilities to facilitate their digital transformation and grow their businesses.
Big technology groups have entered earnings season facing a sharper set of questions from investors as capital expenditure tied to artificial intelligence accelerates while core cloud businesses show steadier, more measured growth. Quarterly disclosures from the largest United States-based technology companies point to a widening gap between the scale of investment being committed to AI infrastructure and the pace at which that spending is translating into clearly […]
UAE is steadily positioning itself as a global reference point for pharmaceutical innovation, backed by regulatory maturity, public-private collaboration and an explicit policy commitment to advancing healthcare, senior executives at Novartis say. The assessment reflects a broader shift in how multinational drugmakers view the Gulf state, not merely as a sales market but as a base for development, manufacturing and clinical collaboration. Valued at about $4.15bn, the […]
Arabian Post Staff -Dubai Riyadh Air, the new full-service carrier backed by the Public Investment Fund of Saudi Arabia, has entered into a strategic partnership with Mastercard that both companies say is designed to reshape how travellers and businesses engage with airlines, payments and digital services. The agreement, announced as Riyadh Air advances preparations for its first commercial flights, signals an attempt to integrate financial technology into […]
Bitcoin is being watched closely by traders after comments from market strategist Tom Lee pointed to continuing strain across digital assets, even as the world’s largest cryptocurrency shows signs of stabilising above key technical levels. The benchmark token has hovered well below earlier peaks, reflecting a broader unease among investors grappling with tighter financial conditions, regulatory scrutiny and uneven demand for risk assets. Lee, a co-founder of […]
By T N Ashok NEW YORK: For seven decades, American diplomats danced around Kashmir with the precision of tightrope walkers, carefully avoiding any gesture that might suggest the United States had chosen sides in South Asia’s most intractable territorial dispute. Maps were scrubbed of political meaning. Statements were lawyered into studied neutrality. From Truman to […]
The article India Have Reasons To Be Happy At Big U.S. Switch On The Status Of Kashmir appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Abu Dhabi is preparing to introduce electric seaglider services across the emirate by 2028, positioning the technology as a new pillar in its transport and tourism strategy after a multi-agency agreement signed on Friday set the framework for development, regulation and investment. The accord brings together the Department of Culture and Tourism – Abu Dhabi, the Abu Dhabi Investment Office, the Integrated Transport Centre operating as Abu […]
