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A UAE-based company has moved to bring Korean manufacturing into Abu Dhabi through a proposed industrial zone that could host more than 25 factories in its first phase and attract investments exceeding $1 billion.

AG Company signed a strategic partnership with Akbar Investment Company of the Republic of Korea to study the establishment of a zone dedicated to Korean industries, with Al Ain identified as the proposed location. The initiative comes as the UAE and Korea deepen economic ties under a bilateral trade framework that entered into force on May 1, 2026, after being signed in Seoul on May 29, 2024.

The announcement coincided with the visit of a high-level Korean delegation to Abu Dhabi, led by Jung Min Kim, a member of the National Assembly of the Republic of Korea and member of its Committee on Trade, Industry, Energy, SMEs and Startups. The delegation included representatives from government and semi-government entities, investors and industrial companies.

The agreement was accompanied by the signing of 15 memoranda of understanding with Korean companies and manufacturers across industrial sectors. The proposed zone is expected to focus on advanced manufacturing, technology-led production, artificial intelligence applications, healthcare technologies and related industries, although the final sector mix will depend on feasibility studies, regulatory approvals and investor commitments.

The project aligns with Abu Dhabi’s wider industrial strategy, which seeks to more than double the emirate’s manufacturing sector to AED172 billion by 2031, expand non-oil exports and create thousands of skilled jobs. Abu Dhabi has been positioning industrial growth as a pillar of diversification, combining ports, free zones, logistics networks and investment incentives to attract manufacturers serving the Middle East, Africa and South Asia.

During the visit, the Korean delegation held meetings with the Abu Dhabi Investment Office and Khalifa Economic Zones Abu Dhabi to review the emirate’s investment environment, infrastructure and industrial services. The delegation also met business leaders and investors and carried out field visits to assess operational readiness, logistics capacity and production facilities.

Jung Min Kim said the UAE, and Abu Dhabi in particular, had established itself as one of the world’s most attractive and trusted investment destinations due to its economic vision, legislative environment and infrastructure. He said those advantages, along with stability and the capacity to attract quality investment, made the country an appropriate partner for expanding the presence of Korean industries across the region.

Dr Ahmed Abdullah, chief executive of AG Company, said the project reflected the UAE’s direction towards a more diversified and competitive economy based on knowledge, innovation and autonomous artificial intelligence capable of self-operation and execution. He said attracting Korean industries represented not only an economic investment but also an opportunity to transfer expertise, develop national competencies and strengthen the UAE’s position as a hub for industry and innovation.

The UAE–Korea trade agreement is expected to eliminate or reduce duties on more than 90 per cent of tariff lines over a period of up to 10 years. It also covers trade in goods and services, investment, customs procedures, digital trade, intellectual property, government procurement and cooperation in sectors including energy, healthcare and advanced industries.

The industrial zone proposal gives private-sector form to those commitments. Korean companies have strong global positions in electronics, automotive components, batteries, robotics, shipbuilding, healthcare equipment and advanced materials. Abu Dhabi offers access to capital, energy, transport infrastructure and regional markets, while Korean manufacturers bring production systems, export networks and technology capabilities.

The location of Al Ain carries added significance. The city has been seeking a larger role in Abu Dhabi’s economic diversification beyond its established strengths in agriculture, education, culture and tourism. A manufacturing cluster there could broaden industrial activity outside the coastal logistics corridor, although investors will assess connectivity, labour requirements, utilities, supply chains and access to ports before committing to factory sites.

Safwan Bals, board adviser at AG Company, said nominating Al Ain reflected a vision of expanding economic development and diversifying production hubs. He said the project could support the city’s economic and social development by attracting investments and creating direct and indirect employment opportunities.

By Nantoo Banerjee Despite never qualifying for the FIFA (Federations of International Football Associations) World Cup, India has emerged as one of the largest global markets for the current tournament being co-hosted by the United States, Canada, and Mexico, with matches played across 16 official host cities. In the opening weekend alone, the tournament reached […]

The article FIFA World Cup Reaches Over 100 Million Viewers In India appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Arabian Post Staff -Dubai DMCC has launched a dedicated cybersecurity vertical as part of a wider restructuring of its technology ecosystem, bringing more than 4,000 technology companies under the newly formalised DMCC Tech platform. The new unit, DMCC Cyber, is designed to support businesses working across cyber resilience, digital trust, data protection, identity management, and governance, risk and compliance. It will sit alongside the DMCC AI Centre, […]

Grand Theft Auto VI has turned a viral comparison with Dubai’s Burj Khalifa into a wider debate over the cost of blockbuster entertainment, as industry estimates place the game among the most expensive creative projects ever attempted. The claim spreading across social platforms is striking: the Burj Khalifa, the world’s tallest building, cost about $1.5 billion and took six years to build, while GTA VI may cost […]

Marking a historic milestone, the MAMA-winning icon celebrates a year of regional breakthroughs and a defining leap into the global spotlight.

HONG KONG SAR – Media OutReach Newswire – 6 July 2026 – This July, celebrating his birthday month, Anson Lo marks a decisive leap into the global spotlight. Defined by his philosophy of “Adventure and Limitless,” the MAMA award-winning artist over the past weekend brought his solo concert tour to Macau, delivering a highly acclaimed, two-night engagement that drew an overwhelming response. This milestone is further amplified by the highly anticipated release of his new English single “Helicopter” and his high-profile appearance in the English drama The Season. Known for his razor-sharp choreography, Lo has transcended his status as Hong Kong’s premier idol to become a defining figure of a new, international generation.

ANSON LO 盧瀚霆

The Rise of “Lo-Phenomenon”

Anson Lo’s trajectory over the last few years has been defined by a series of professional breakthroughs that have solidified his status as a regional powerhouse:

  • Cross-Cultural Collaborations: From headlining Waterbomb Singapore to a viral collaboration with Japan’s Avantgardey, Lo has proven his ability to electrify massive international crowds and bridge creative gaps across Asia.
  • A Landmark Fashion Milestone: In a historic international collaboration, Lo became the first Hong Kong artist to co-design a capsule collection with Italian luxury legend Giuseppe Zanotti. This partnership, alongside his work with luxury houses, cements his status as a definitive global fashion icon.
  • Industry Recognition: Since winning Best New Asian Artist (Mandarin) at the 2021 Mnet Asian Music Awards (MAMA), Lo recently marked a significant turning point by performing on South Korea’s MBC Show Champion and The Fact Music Awards (TMA) stage, bringing Cantopop to major music platforms in South Korea.
  • Global Screen Ventures: Lo expanded his international television footprint with a high-profile guest appearance in the elite ensemble English drama The Season. The series premiered worldwide on major streaming platforms like Hulu and Viu, underscoring his growing global versatility.


A New Frontier: Crafting English Hits and Lyrics

Lo’s global evolution shines through his self-penned English rap lyrics across nearly all his dance singles. Expanding his creative control, he wrote his two full English tracks, “Trippin’ Up” and the newly released “Helicopter.” “Helicopter” just dropped to an overwhelming global response, solidifying his international musical footprint.

About Anson Lo

Anson Lo (born July 7, 1995) is a multifaceted Hong Kong singer, dancer, and actor. Since his 2018 debut with the group MIRROR, he has evolved into a record-breaking soloist, headlining multiple solo concerts and releasing chart-topping hits such as “Megahit,” “Mr. Stranger,” and “Hey Hey OK!”. Today, he stands as a versatile artist working across music, fashion, and film.

Instagram @ansonlht | Facebook @ansonlht | YouTube: @AnsonLoHonTing
Hashtag: #AnsonLo #盧瀚霆 #AnsonLo盧瀚霆



The issuer is solely responsible for the content of this announcement.

Arabian Post Staff -Dubai OPEC+ has approved another increase in oil output targets for August, adding 188,000 barrels per day to planned supply as Gulf exports move back through the Strait of Hormuz and crude prices ease from wartime highs. The decision, taken at a virtual meeting on Sunday, extends a sequence of monthly quota increases that began in April and continued through June and July. Saudi […]

ANNECY, FRANCE – Media OutReach Newswire – 5 July 2026 – XPPen, a global leading brand in digital art innovation, continues its support for the Annecy International Animation Film Festival in 2026 through its partnership with the Annecy Festival Residency, while showcasing its latest product lineup at MIFA 2026. Together, these initiatives reflect XPPen’s long-term commitment to empowering animation creators, from nurturing emerging talent to equipping professionals with tools for evolving production workflows.

Image credit: Emmanuel Nguyen
Image credit: Emmanuel Nguyen

Supporting the Next Generation of Animation Storytellers

Building on its support for emerging animation talent through the inaugural XPPen Award for Graduation Films at the Annecy International Animation Film Festival in 2025, XPPen deepens its commitment to the animation community through the 2026 Annecy Festival Residency. The initiative provides selected animation feature film projects with studio space, tailor-made professional mentorship and opportunities to engage with the global animation community.

This year’s residency selected three animation projects from 52 submissions across 29 countries: All the Heaven’s Doors, Condenaditos, and Todo viene del agua. These projects boldly reflect on social issues, refuse fatalism, and revisit fragments of life and history with exceptional artistic courage and creative vision. As the residency’s official partner, XPPen provides its flagship Artist Pro 27 (Gen 2) drawing displays to support artists throughout the creative development process, from concept sketching and storyboarding to visual refinement.

“We contribute more than hardware, but also our deep respect for artistic souls who refuse to follow the crowd—those committed to using animation to probe the depths of human nature,” said Brian Huang, Marketing Director at XPPen. “We admire creators who challenge the world through storytelling, and we’re honored to walk alongside such creative spirits with tools they can trust throughout their journey.”

Featuring professional-grade color performance, a 27-inch 4K 120Hz display, and X-Touch technology, the Artist Pro 27 (Gen 2) enables artists to remain fully immersed in art creation. By seamlessly supporting technical demands, the tool fades into the background and becomes an extension of the creator, freeing artists to focus on what matters most: telling compelling stories.

Showcasing Professional Innovation at MIFA 2026

At MIFA 2026, the world’s leading animation industry marketplace held alongside the Annecy International Animation Film Festival, XPPen presented its latest creative product lineup, demonstrating how its expanding ecosystem supports creators at every stage of their creative journey.

The lineup spans entry-level standalone tablets for aspiring artists, the Magic Drawing Pad for everyday digital creation, the Artist 16 3rd portable pen display for professional creators, the flagship Artist Pro 27 (Gen 2) for high-end creative production, and the newly launched Pilot Pro, a productivity-focused editing console designed to streamline editing workflows, marking XPPen’s first foray into the professional editing console category.

Image credit: Quentin Le Page
Image credit: Quentin Le Page

Beyond product demonstrations, XPPen invited artists to share their creative process on site. Illustrator and animator Julie Roulet demonstrated how professional pen displays can support efficient animation workflows, while 2D/3D artist Benjamin Cerbai explored hybrid digital creation using the Magic Drawing Pad, giving visitors first-hand insight into how the device supports diverse creative scenarios.

By continuing its presence at the Annecy International Animation Film Festival and MIFA, XPPen reaffirms its long-term commitment to supporting creators through both technological innovation and meaningful engagement with the animation industry. Guided by its belief in empowering bold self-expression, XPPen is dedicated to developing tools that enable creators to turn ideas into reality. The company continues to build a creative ecosystem that supports artists at every stage of their journey, growing alongside them from their first ideas to professional creative production.

The issuer is solely responsible for the content of this announcement.

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Securitize began trading on the New York Stock Exchange under the ticker SECZ after completing its merger with Cantor Equity Partners II, giving the tokenisation platform a public-market foothold at a time when Wall Street is testing blockchain rails for regulated securities. The Miami and New York-based company closed its business combination on 1 July, with trading starting the following day. The deal is expected to raise […]

Dubai’s Jumeirah coastline is set for a major hospitality expansion as The Island by Wasl moves towards a planned third-quarter 2028 opening, bringing MGM Grand, Bellagio and Aria-branded hotels to a waterfront development near Burj Al Arab. The project, led by Wasl Hospitality in partnership with MGM Resorts International, is one of Dubai’s most closely watched leisure developments because it combines Las Vegas-linked hotel brands with a […]

Global equities advanced after weaker US employment figures reduced expectations of an imminent Federal Reserve rate increase, pushing investors back into risk assets while lifting gold and easing pressure on the dollar. The rally followed the June employment report, which showed non-farm payrolls rising by 57,000, well below market expectations of roughly 110,000. The unemployment rate eased to 4.2 per cent, but the decline was clouded by […]

Abu Dhabi has unveiled two collaborations with the Massachusetts Institute of Technology to strengthen cancer research, artificial intelligence-enabled oncology and faster translation of laboratory discoveries into patient care. The initiatives, announced during BIO International Convention 2026 in San Diego, bring together the Department of Health – Abu Dhabi, Future Health – A Global Initiative by Abu Dhabi, and MIT’s Koch Institute for Integrative Cancer Research. The move […]

The Ebola outbreak in the Democratic Republic of Congo is turning into a wider economic emergency, with the United Nations Development Programme warning that the crisis could cost African economies up to $3.6 billion and put about 328,000 jobs at risk if transmission spreads beyond the current hotspots. The warning has sharpened concern that a public-health crisis driven by the Bundibugyo strain, for which there is no […]

Cape Verde’s breakthrough World Cup campaign ended in Miami Gardens after the Blue Sharks pushed defending champions Argentina to extra time before falling 3-2 in a round-of-32 match that turned one of the tournament’s smallest teams into one of its defining stories. Argentina advanced to a round-of-16 meeting with Egypt, but the night belonged almost as much to Cape Verde, whose players twice came from behind and […]

Singapore has set out a two-decade plan to reshape Sentosa and neighbouring Brani into a larger leisure and lifestyle district, with new attractions, hotels, beaches, transport links and coastal protection works expected to open in phases from the early 2030s.

The Greater Sentosa Master Plan brings the 120-hectare Brani under Sentosa’s development framework, creating a larger tourism precinct at a time when Singapore is refreshing its visitor economy and preparing for stronger regional competition in leisure, hospitality and events. The project is being positioned as the biggest transformation of Sentosa since the island was developed as a resort destination more than five decades ago.

Sentosa drew more than 16 million visitors between April 2024 and March 2025. Once the master plan is fully delivered, the enlarged precinct is projected to attract about twice that number. The long development period reflects the scale of infrastructure works, the planned relocation of port operations from Brani to Tuas by 2027, and the need to combine commercial expansion with coastal and ecological safeguards.

A major element of the plan is Brani West, which has been earmarked as one of the largest future sites for attractions development. Authorities are engaging potential partners and concept owners, though details on investors, operators and the cost of the project have not been disclosed. The lack of a public investment figure leaves open questions on funding, phasing and commercial returns, particularly as large tourism projects face higher construction costs, labour constraints and changing traveller preferences.

The plan also includes new landmarks on Sentosa itself. Imbiah Canopy is proposed as a vantage point on Mount Imbiah, with food and beverage outlets, retail space, event areas and links to nature-based activities. A sheltered elevated forest canopy route, Imbiah Lookout Walk, is expected to connect Sensoryscape with Imbiah Lookout and nearby walking trails. Later phases are intended to expand nature and heritage routes, with the possibility of linking Sentosa’s green areas to the Southern Ridges on the mainland.

Along Siloso Beach, a new venue called Sensorium is being planned as a lifestyle and indoor attraction hub capable of hosting events and festival activity. The broader beach redevelopment will cover Siloso, Palawan and Tanjong, where coastal protection works will be paired with new leisure uses. Concepts under study include beach clubs, coastal activities, treetop dining, and a floating boardwalk linking small islets along Sentosa’s 3km beachfront.

Transport is another central feature. The proposed Island Heart Transport Hub will serve as a new arrival point connecting Sentosa and Brani, while a new people-mover system is expected to replace the Sentosa Express monorail. The new system is intended to increase capacity and provide smoother movement from the mainland through Brani and across Sentosa. Water taxis and additional waterfront links are also being examined, while the Singapore Cable Car will continue to form part of the wider mobility network.

The transformation is tied to wider planning along Singapore’s southern waterfront, a 30km belt stretching from Gardens by the Bay East to Pasir Panjang. That corridor is expected to include new residential, commercial, recreational and entertainment spaces as port activities shift westwards. Greater Sentosa is also being developed as Singapore prepares for Changi Airport Terminal 5, due around the mid-2030s, which will add about 50 million passengers a year in its first phase to the airport’s current capacity of 90 million.

The tourism strategy goes beyond building new attractions. Singapore is seeking to broaden its appeal from stopover travel and convention traffic to experience-led visits, family tourism, events, coastal leisure and premium lifestyle spending. Resorts World Sentosa is also expanding its offer, with a Waterfront Lifestyle Development scheduled for completion in 2030 and Super Nintendo World planned for Universal Studios Singapore. These additions are expected to support a shift from single-attraction visits towards longer, multi-part itineraries across the island.

Sustainability has been built into the planning narrative, reflecting the vulnerability of a low-lying city-state to sea-level rise and coastal erosion. Sentosa has about 16km of coastline, making protection works a practical requirement rather than an optional enhancement. The master plan includes ecological connectivity, shaded routes, greenery, thermal comfort measures and coastal resilience features. Sensoryscape, a 350m connector linking Resorts World Sentosa to the beaches, is being used as an early example of infrastructure that combines visitor flow, planting, accessibility and digital experiences.

Over Ten Thousand International Delegates Gather in Hong Kong Confirming City’s Status as World’s Meeting Place

HONG KONG SAR – Media OutReach Newswire – 4 July 2026 – The Hong Kong Tourism Board is proud to support the 108th Lions International Convention 2026 in Hong Kong. Having previously hosted the convention in 1992 and 2005, Hong Kong has once again been chosen by Lions Clubs International as the venue for its flagship event, attracting around 17,000 delegates from across the globe. Hong Kong has thus become one of the very few cities among more than 200 Lions member countries and regions worldwide to have secured hosting rights three times. This underscores Hong Kong’s status and appeal as the Events Capital of Asia and the World’s Meeting Place.

The opening ceremony was attended by more than 10,000 representatives from Lions Clubs worldwide.
The opening ceremony was attended by more than 10,000 representatives from Lions Clubs worldwide.

Hosting Same High-Profile Event for the Third Time Cements Hong Kong’s Title as Asia’s World City

HKTB Chairman Dr Peter Lam said, “HKTB is delighted to partner with the Lions Clubs International District 303 Hong Kong and Macao, China, to bring this Convention to Hong Kong for the third time. Its return affirms Hong Kong’s position as the World’s Meeting Place and a top-of-mind destination for MICE tourism. It also showcases Hong Kong’s integrated strengths in world-class MICE infrastructure, global aviation connectivity, diverse and distinctive tourism offerings, and quality hospitality services. These are the key factors in attracting international MICE events and encouraging business travellers to return time and again. We extend our warmest welcome to Lions from around the world and, together with our industry partners, have curated exclusive itineraries and experiences to encourage delegates to stay longer and discover the unique appeal that can be found only in Hong Kong.”

HKTB Chairman Dr Peter Lam delivered the opening remarks at the 108th Lions International Convention, held at AsiaWorld-Expo.
HKTB Chairman Dr Peter Lam delivered the opening remarks at the 108th Lions International Convention, held at AsiaWorld-Expo.

Lions Clubs International is one of the world’s largest service organisations, with more than 1.4 million members and around 50,000 district clubs across over 200 countries and regions. Since 1917, the organisation has supported communities worldwide through a wide range of social service and community aid initiatives.

Lions International Convention 2026 Honorary Chairman and Past International President Dr Tam Wing-kun said, “Hong Kong is an international metropolis where Eastern and Western cultures converge. With its well-developed professional services and comprehensive MICE infrastructure, Hong Kong is an ideal host for this international mega event. I am delighted that the Convention has returned to Hong Kong. This year’s edition will provide Lions from all corners of the world with a broad and diverse platform to explore the future development of international services. Delegates will also be able to experience first-hand Hong Kong’s world-class cuisine and rich cultural appeal. I am confident they will be the best ambassadors possible when they return home, telling the good stories of Hong Kong to the world.”

Lions Attempt Tai Chai World Record in Hong Kong
The 108th Lions International Convention is being held for five consecutive days from 3 to 7 July at AsiaWorld-Expo. To celebrate its return to Hong Kong and promote traditional Chinese culture, the organiser will attempt to set a world record with thousands of international Lions practising Tai Chi simultaneously. The activity aims to promote exercise for all and deepen participants’ understanding of the Sustainable Development Goals, creating a meaningful finale to the convention.

HKTB Teams Up with the Trade to Offer Unforgettable Cultural Tourism Experiences

As a supporting organisation of the 108th Lions International Convention, HKTB has teamed up with the local travel trade and major attractions to curate a series of exclusive tourism itineraries and offerings for convention delegates. These include transport offers, attraction tickets and shopping mall discounts, gift redemptions, and theme park deals to encourage delegates to stay in Hong Kong after the convention and explore more of the city’s diverse culture, cuisine, and unique tourism appeal.
HKTB will continue to bring more influential large-scale international MICE events to Hong Kong, further strengthening the city’s competitiveness and appeal as world-class, top-of-mind destination for both business and leisure tourism.

Hashtag: #MEHK #MeetingsandExhibitionsHongKong #HongKong #MICE #Lions #LionsInternationalConvention2026


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Germany have opened talks with Jürgen Klopp after Julian Nagelsmann left the national coaching job following the team’s World Cup exit to Paraguay, setting up a possible high-profile return to the dugout for one of the country’s most successful modern managers. The German Football Association confirmed Nagelsmann’s departure with immediate effect after the national side’s elimination in the last 32 of the 2026 FIFA World Cup in […]

Arabian Post Staff -Dubai Abu Dhabi’s e& Carrier & Wholesale Services has signed a strategic partnership with Lenovo Connect to deliver global connectivity for electric vehicles, connected cars and industrial IoT systems, strengthening its push into cross-border digital infrastructure as mobility platforms demand faster, safer and more compliant data services. The agreement brings together e&’s international network reach, 5G capabilities and regulatory experience with Lenovo Connect’s IoT […]

HUALIEN, TAIWAN – Media OutReach Newswire – 3 July 2026 – Taiwan’s premier summer music festival, the 2026 Hualien Summer Carnival, returns from July 1 to July 5, transforming Hualien’s Dongdamen Square into a five-night celebration of music, culture and tourism.

Hualien Summer Festival
Hualien Summer Festival

Now in its 19th year, the festival has grown into one of Taiwan’s largest outdoor music events, attracting tens of thousands of fans every summer. Set against Hualien’s breathtaking mountains and Pacific coastline, the event combines live performances with one of Asia’s most scenic festival experiences.

This year’s lineup features an impressive mix of award-winning Taiwanese artists, rising indie musicians and international performers. Headliners include Jam Hsiao, Show Lo, Accusefive, Sun Shu-mei, Hsu Fu-kai, MIXER, Aisa Senda, Chih Siou, Lee Chu-hsin and Chen Yi-no, representing pop, rock, folk and contemporary Taiwanese music.

Adding an international dimension, South Korean rock band ChRocktikal and CNU and Gongchan from K-pop group B1A4 will also perform, highlighting Hualien’s growing role as a cultural destination connecting audiences across Asia.Each festival night carries a unique musical theme, including:Nature & Adventure Night、Youth Power Night、Rock Explosion Night、Asia Wave Night、All-Star Finale.

The festival also showcases seven winning acts from Hualien’s emerging artist competition, giving local musicians the opportunity to share the stage with internationally recognized performers.

Organized by the Hualien County Government, the event reflects the county’s long-term vision of promoting cultural tourism through music while strengthening international exchange. By combining Taiwan’s original music scene with performances from across Asia, organizers hope to position Hualien not only as Taiwan’s summer music capital but also as an emerging destination for international music tourism.

Beyond the concerts, visitors can explore Hualien’s dramatic natural landscapes, indigenous culture, local cuisine and outdoor attractions, making the festival an ideal gateway to experience eastern Taiwan.

With free admission and five consecutive nights of live entertainment beneath the stars, the 2026 Hualien Summer Carnival invites music lovers from Taiwan and around the world to celebrate an unforgettable summer on Taiwan’s spectacular east coast.

Hashtag: #HualienSummerCarnival

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By R. Suryamurthy Every war leaves behind shattered cities, broken societies and grieving families. But some wars destroy something less visible yet infinitely more consequential: faith in the institutions created to prevent humanity from repeating history’s darkest chapters. The latest report of the United Nations Independent International Commission of Inquiry on Israel and the Occupied […]

The article Latest UN Report On Israel Occupied Territories Exposes The Ruthlessness Of Atrocities appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Boosting Southeast Asia Strategy

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 3 July 2026 – Recently, XTransfer, the world’s leading B2B cross-border trade payment platform, officially inaugurated its new office in Malaysia. This marks XTransfer’s continued investment in localised operations across Southeast Asia and lays a solid foundation for further strengthening its regional trade finance services.

XTransfer Unveils New Malaysia Office
XTransfer Unveils New Malaysia Office

Leaders and partners from several major local Malaysian banks and financial institutions attended the event to witness this important milestone. The opening ceremony began with a lively lion dance performance, followed by a ribbon-cutting session led by distinguished guests in a festive atmosphere. Ribbon-cutting guests included Ms Winnie Wong, Director of Financial Institutions Group at Maybank; Ms Sylvia Wong, Regional Head at CIMB; Ms Daphne Yoo, Director at OCBC; along with representatives from various institutions and associations, and the head of XTransfer’s Malaysia team.

Guests warmly congratulated XTransfer on the opening of its new office and expressed their expectation that XTransfer will continue to support the development of local trade by providing Malaysian SMEs with more efficient and secure cross-border payment solutions. Representatives from multiple banks also noted that they look forward to deepening collaboration with XTransfer, further improving localised settlement networks, and jointly promoting the development of the cross-border payments ecosystem.

As a fintech company deeply focused on global trade finance, XTransfer has consistently adhered to a technology-driven and compliance-first approach. It is committed to providing global trade enterprises with secure, convenient, and cost-effective cross-border payment and collection solutions. With the launch of its new Malaysia office, XTransfer will position Malaysia as a strategic hub for its Southeast Asia operations, extending its reach across the Asia-Pacific market and further accelerating regional business expansion. Going forward, XTransfer will continue to advance its internationalisation strategy to better serve global trade companies.

It is also worth noting that in February this year, XTransfer received conditional approval from Bank Negara Malaysia (BNM) for key payment licenses. Upon completing the pre-issuance conditions and being permitted to launch, XTransfer will introduce digital payment services to support businesses, particularly SMEs engaged in international trade. With the official opening of the new office, XTransfer will leverage stronger local service capabilities together with its global network resources to continue helping regional trade businesses seize global opportunities and expand into broader international markets.

Hashtag: #XTransfer #Crossborder #Payment #SMEs #Malaysia


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Gulf banking systems remain well placed to absorb near-term shocks from the US-Iran conflict, but their credit strength is now tied closely to whether the ceasefire holds and whether the Strait of Hormuz returns fully to dependable commercial use. Fitch Ratings says the durability of the truce between Washington and Tehran will be central to the outlook for banks across the Gulf Cooperation Council, where lenders entered […]

Dubai’s off-plan office market surged to a record AED13.1 billion in the first half of 2026, surpassing the combined value of transactions recorded across the previous seven years and signalling a decisive shift in the emirate’s commercial property cycle. Developers sold 1,668 off-plan office units between January and June, compared with AED5.48 billion generated from 1,821 transactions between 2019 and 2025. The jump reflects a sharp acceleration […]

Dubai’s virtual asset sector has reached a fresh regulatory marker after the Virtual Assets Regulatory Authority issued its 50th Virtual Asset Service Provider licence to Tribe Tokenisation FZE, strengthening the emirate’s push to build a supervised digital-finance industry. The licence, recorded on VARA’s public register as VL/26/06/002 and issued on 22 June 2026, authorises Tribe Tokenisation FZE for broker-dealer services. Its addition takes the number of active […]

Arabian Post Staff -Dubai Abu Dhabi has launched a maritime investment guide aimed at drawing global companies, entrepreneurs and specialist service providers into the emirate’s expanding ports, logistics and shipping ecosystem. The guide, titled Abu Dhabi’s Compass for Maritime Businesses: Your Gateway to Global Opportunity, has been introduced by Maritime Hub Abu Dhabi, the sector collaboration platform operated by Abu Dhabi Maritime and led by the Integrated […]

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