Limassol, Cyprus, September 29th, 2026.- Dubai will host the second Middle East edition of Doers Summit 2026 from 25-26 November at Dubai Silicon Oasis (DSO) – the specialised economic zone for knowledge and innovation – and a member of Dubai Integrated Economic Zones Authority (DIEZ). The summit aims to bring together founders, scaleups, investors, corporates and ecosystem leaders from around the world to unlock new business connections, […]
President Trump says the White House is considering a ban on US diesel exports “very seriously”. This is a huge threat, but behind the threat sits a problem no export ban can solve: the world can’t refine enough fuel. A barrel of crude does nothing for a truck or a cargo ship until a refinery has processed it. Oil in the ground or on a tanker counts […]
By Dr. Gyan Pathak The proposed INDIA bloc meet — scheduled on September 30, 2026 in New Delhi against the Chief Election Commissioner’s (CEC’s) ‘illegal’ and ‘unauthorised’ actions as recorded by the two fellow Election Commissioners (ECs) — aims at not only taking a unified stand on demand of removal of the CEC and initiating […]
By Arun Srivastava CEC Gyanesh Gupta on September 26, in the eye of the biggest-ever electoral scandal to rock the country, covertly confessed to have committed the criminal misdemeanour of massive voter deletions and electoral manipulation, at the full member meet of the Election Commission of India. As a temporary reprieve, he used the full […]
Spotlighting the AI Wave and Exploring Paths Forward for Private Enterprises
HONG KONG SAR – Media OutReach Newswire – 29 September 2026 – The second “Jun’s Circle” Fireside Chat, initiated by Ge Jun, an Academician of the International Eurasian Academy of Sciences and Chairman and CEO of TOJOY Shared Smart Enterprise Services Co., Ltd. (“TOJOY”), was recently held on the shores of Dianchi Lake in Kunming. The event was livestreamed simultaneously on Xinhuanet, TOJOY Boss Cloud and other platforms, drawing more than 3.1 million cumulative views online. Online and in-person audiences together took part in an in-depth exchange of ideas, creating an experience in which they were “surrounded by ideas.”
Pictured: The 2026 “Jun’s Circle” Fireside Chat in Kunming, attended by more than 1,000 entrepreneurs in person.
In 2025, the inaugural “Jun’s Circle” Fireside Chat debuted in Hangzhou. Its core proposition — “With vision, break the impasse and build a new landscape” — resonated widely across China’s private sector. On 22 September, the 2026 event came to Kunming, a frontier hub for China’s opening-up to South and Southeast Asia. It directly addressed the central concerns of private enterprises amid AI-driven technological change, the reconfiguration of the overseas expansion landscape and economic-cycle adjustments, helping entrepreneurs clarify their direction and strengthen confidence.
Blueprint for Private-Enterprise Transformation under AI Technological Disruption
Addressing business development amid the AI wave, Ge Jun systematically presented the “Five-Layer Tree Theory” for enterprise AI transformation. Covering the accumulation of data assets, upgrades in entrepreneurs’ cognitive capabilities, workforce-wide capability building, forward-looking strategic planning and symbiosis across industry ecosystems, it provides private enterprises with a comprehensive implementation framework for AI transformation.
Drawing on Kunming’s geographic advantages, the dialogue explored a long-term approach to expansion into ASEAN markets. Ge Jun proposed an “In ASEAN, With ASEAN, For ASEAN” development philosophy, stressing that sustainable overseas growth can only be achieved by establishing deeply rooted local operations, building symbiotic partnerships with local industries and creating social value for local communities. Manuel C. Menendez III, founder and CEO of MCM Group Holdings Ltd. and an expert on international economic and trade issues, drew on frontline experience to stress that managing compliance risk is a fundamental prerequisite for survival for companies expanding overseas. He noted that resource-constrained small and medium-sized private enterprises can leverage professional platforms to pool resources when expanding overseas, advance localization step by step and avoid the risks of going it alone.
The Critical Role of Entrepreneurship and Long-Termism
Turning to the question of how to navigate economic cycles, the dialogue returned to the fundamentals of entrepreneurship, exploring the underlying forces that enable businesses to weather volatility. Xue Jingxia, Chairwoman of the Henan-based investment and construction group, KONITA GROUP, and a deputy to the National People’s Congress for four consecutive terms, said, drawing on four decades of hands-on business experience, that there are no shortcuts to navigating cycles: it takes the creativity to build something from nothing and the resolve to hold firmly to one’s principles. Ge Jun added that entrepreneurs in the AI era need to strengthen their learning capabilities across four dimensions—questioning, command, staying power and transmission—to respond to a rapidly changing market environment, remain committed to doing what is difficult but right, and navigate cyclical ups and downs with a long-term mindset.
As one of the flagship programs in Ge Jun’s four-part thought-leadership series for empowering private enterprises, this year’s “Jun’s Circle” Fireside Chat used a systematic framework of ideas to address the widespread concerns of today’s private entrepreneurs.
Hashtag: #天九企服 #TOJOY
The issuer is solely responsible for the content of this announcement.
Security researchers have reconstructed how hundreds of OpenAI evaluation agents used almost one million public URLs while escaping restricted web access and compromising parts of Hugging Face’s infrastructure during a July cybersecurity test. The forensic study, published on September 25 by researchers affiliated with Parse, Palisade Research and other organisations, analysed public traces left by the agents and decoded more than 80,000 attack payloads. Hugging Face confirmed […]
Mubadala Investment Company and Together AI have formed a strategic partnership to explore artificial intelligence infrastructure and ecosystem opportunities in the UAE, with the US technology company establishing a local presence in Abu Dhabi. The agreement, announced on Tuesday, will bring Together AI’s inference and research capabilities closer to customers and developers building generative AI applications across the UAE and the wider region. The partners said they […]
A wholly owned subsidiary of the Abu Dhabi Investment Authority is participating as a strategic investor in the $2.34 billion acquisition of Canada’s Slate Grocery REIT by Brixmor Property Group and Everview Partners. The transaction, announced by Brixmor and Everview, will divide Slate Grocery REIT’s portfolio of 115 US grocery-anchored shopping centres between Brixmor and a newly formed institutional joint venture. The ADIA subsidiary will invest alongside […]
Arabian Post Staff -Dubai Abu Dhabi-based Shorooq and Presight have invested in Maven Robotics as part of the US industrial robotics company’s $100 million Series A financing round. The investment was made through the Presight–Shorooq AI and Bedaya funds managed by Shorooq, the companies said. RoboStrategy, LocalGlobe, Vine Ventures and XTX Ventures also participated in the financing, which Maven announced earlier this month. The individual commitments from […]
Arabian Post Staff -Dubai Oil prices steadied near $105 a barrel on Tuesday as Saudi Arabia restored substantial flows through its East-West pipeline, easing supply concerns while stalled US-Iran diplomacy kept a risk premium embedded in the market. Brent crude futures for November traded around $105.50 a barrel after settling at $105.28 on Monday, while US West Texas Intermediate was near $93. Prices had risen earlier as […]
SHANGHAI, CHINA – Media OutReach Newswire – 29 September 2026 – From October 12 to 15, 2026, the 2026 International Brew & Beverage Processing Technology and Equipment Exhibition for China (CBB 2026) — the benchmark full-industry-chain exhibition for the liquid food sector in the Asia-Pacific region — will open at the Shanghai New International Expo Centre (SNIEC). With the final countdown underway, this biennial industry event is sending a rallying call to the global liquid food community on an unprecedented scale.
The next decade of the liquid food industry is beginning here — ahead of time.
Guided by the themes of innovation, intelligence, sustainability and high-end development, and committed to “building a new platform for upgrading the entire liquid food industry chain while writing a new chapter of high-quality development,” CBB 2026 will bring together leading enterprises from every segment: baijiu (Chinese spirits), beer, beverages, dairy, condiments and packaging equipment. More than 900 exhibitors from China and abroad will make a joint appearance, and over 60,000 professional visitors from around the world are expected to attend for business discussions, across an exhibition area exceeding 100,000 square meters.
After more than three decades of development, CBB has long been more than a trade fair. It continuously connects the entire chain — from raw materials, brewing and filling to packaging and digital smart manufacturing — creating an integrated industry platform for business matching, technical exchange and innovation. Step into CBB and you will see an exhibition; look closer and you will read the present and the future of an entire industry chain.
01 Leading Enterprises from Every Segment — One Show for the Entire Industry Chain
This year’s exhibitor lineup can truly be described as a full mobilization of the industry chain.
From upstream raw and auxiliary materials, brewing and processing, to midstream filling, packaging equipment and production line integration, and on to downstream labeling and coding, smart warehousing and digital solutions — leading enterprises from every segment, including baijiu, beer, beverages, dairy and condiments, will take the stage together, forming a complete map of the industry.
Whether you are sourcing turnkey production lines or comparing individual machines, whether you focus on a single process or evaluate complete smart-manufacturing solutions, you will find your answer at this show.
02 Four Highlights: Unlocking the 2026 Trends of the Liquid Food Industry
Closely aligned with industry development trends, this edition focuses on four main themes — internationalization, localization, intelligentization and green development — bringing together cutting-edge technologies and innovations from around the world to present a clear picture of where the industry is heading.
Highlight 1 | Global Giants Gather as Frontier Technologies Take the Stage
The international zone boasts a stellar lineup: world-renowned brands including BarthHaas, Fermentis, Krones, HEUFT, CIMC Enric, SACMI, ifm, Endress+Hauser, SEW-Eurodrive, Alfa Laval and Grundfos will all be present, covering core supporting technologies that range from hops, raw and auxiliary materials and pre-treatment processes to filling and packaging equipment and integration, end-of-line packaging and conveying, smart factory solutions and water treatment — spanning the entire liquid food production and packaging chain. A number of brand-new machines and solutions will make their on-site debuts, showcasing the latest achievements in smart manufacturing and green sustainability for the liquid food industry.
Highlight 2 | Chinese Smart Manufacturing Breaks Through as Homegrown Equipment Goes Global
Leading Chinese liquid food equipment manufacturers — Tech-Long, Newamstar, Lehui, Zhongya, Zhongchen, SUNRISE, Hermann and Talos — will exhibit in force, showcasing independently developed core equipment and technologies such as high-speed filling, aseptic packaging, intelligent inspection and integrated smart production, covering the entire production process from raw material pre-treatment, brewing and processing to filling and sealing, labeling and coding, and smart warehousing. These achievements not only help small and medium-sized food producers cut costs, boost efficiency and optimize their production systems, but will also accelerate the expansion of Chinese high-end equipment into global markets.
Highlight 3 | Smart Upgrading Across All Scenarios: Building a New Ecosystem of Digital Production
Digital transformation is one of the defining features of this edition, addressing smart-upgrading needs across the entire liquid food industry chain. From automated and intelligent production scheduling, predictive maintenance and big-data quality control throughout the process, to complete digital-twin factory solutions, every scenario is covered. Core intelligent equipment — including smart sensors, automated control systems and unmanned sorting machines — will be on display, helping the industry move from traditional manual control toward fully digital, intelligent and unmanned production.
Highlight 4 | Green and Low-Carbon Empowerment: Sustainable Production Solutions That Deliver
Aligned with global dual-carbon strategies and the industry’s low-carbon transition, exhibitors will launch a range of low-carbon technologies and equipment, including energy-efficient filling machines, circulating water treatment technologies, equipment for biodegradable packaging, and waste heat recovery systems. While optimizing production costs and efficiency, these solutions comprehensively support energy conservation and emission reduction, offering practical, full-coverage green production solutions for producers of alcoholic drinks, beverages, water, dairy products, condiments and other liquid foods — and helping the industry build a sustainable future.
03 More Than Ten High-Level Forums: Decoding the Trends Shaping the Industry
More than ten high-quality concurrent events will be held during the show, bringing together authoritative industry experts, chief engineers of leading enterprises and industry leaders for in-depth discussions on segment trends, technological innovation and industrial transformation.
04 Why Attend? Three Audiences, Three Answers
If you are a business owner or procurement decision-maker: compare leading solutions from across the industry chain in one place, connect with quality suppliers, and identify practical paths to lower costs, higher efficiency and transformation.
If you are an engineer or part of a production technology team: experience live demonstrations of cutting-edge equipment, meet manufacturers’ technical experts face to face, and be among the first to grasp the trends in smart manufacturing and green, low-carbon technologies.
If you are an industry observer or investor: read the next three to five years of the liquid food industry through the exhibitor lineup, technology directions and forum topics.
05 See You in Shanghai This October
A biennial rendezvous — and a shared point on the calendar for the entire industry.
From October 12 to 15, 2026, CBB 2026 looks forward to welcoming you at the Shanghai New International Expo Centre. For more information, please visit www.chinabrew-beverage.com.
Hashtag: #CBB2026
The issuer is solely responsible for the content of this announcement.
China Securities has established a regional office in the Dubai International Financial Centre, giving the Beijing-headquartered investment bank a regulated base for serving clients, investors and financial institutions across the Middle East.
DIFC confirmed on Monday that the publicly listed securities firm had received a licence from the DIFC Authority and authorisation from the Dubai Financial Services Authority, the independent regulator overseeing financial services conducted in or from the centre.
The office extends China Securities’ international footprint and is intended to support its engagement with regional institutions while improving links between Chinese, UAE and international capital markets. The firm has operations spanning equity and debt capital markets, investment banking, asset management and institutional services.
The move places China Securities among a substantial group of China-based financial institutions operating from Dubai’s financial free zone. DIFC said the group includes Agricultural Bank of China, Bank of China, Bank of Communications, China Construction Bank, China International Capital Corporation, China Merchants Bank International and Industrial and Commercial Bank of China, alongside other securities and financial services businesses.
China’s five largest banks together account for more than 30 per cent of total assets in DIFC’s Banking and Capital Markets sector, underscoring the scale of their existing presence within the centre. China Securities is the latest investment bank from the country to join that cluster.
DIFC said the opening followed sustained engagement with China Securities, during which the financial centre worked with the firm to explain opportunities available through Dubai, develop its understanding of the regional market and support its longer-term international expansion plans.
The Dubai base also gives the investment bank a presence within a financial centre that has been expanding rapidly. DIFC had 10,018 active registered companies at the end of the first half of 2026, crossing the 10,000 threshold for the first time. The total was 30 per cent higher year on year, after 2,318 new active registered companies were added over the preceding 12 months.
The number of regulated financial services firms in DIFC reached 1,134 during the same period, up 16 per cent from a year earlier. Banking and capital markets firms numbered 327, while the centre had 592 wealth and asset management companies and 165 insurance and reinsurance entities.
China Securities’ arrival comes as financial institutions seek to capture increasing business flows between Asia and Gulf markets. For the firm, the DIFC office provides a platform for direct interaction with Middle East clients and investors rather than relying solely on operations elsewhere in its international network.
The regulatory approvals are central to that expansion. A DIFC Authority licence establishes the company’s corporate presence in the financial centre, while DFSA authorisation covers regulated financial services carried out within or from the jurisdiction. The precise category and detailed scope of China Securities’ DFSA permissions were not specified in DIFC’s announcement.
The firm’s regional expansion also adds another securities house to a Chinese financial network in Dubai that already covers commercial banking, investment banking and capital-markets services. China International Capital Corporation and several of China’s largest commercial lenders are among the institutions with an established DIFC presence.
DIFC operates a separate legal and regulatory framework for financial businesses based in the centre, with the DFSA responsible for regulating financial services. That structure has helped attract international banks, investment managers, insurers and other financial institutions seeking a regional operating base.
The centre’s first-half figures show that growth has extended beyond banking. Wealth and asset management companies increased 35 per cent year on year to 592, while insurance and reinsurance entities rose 22 per cent to 165. Banking and capital markets businesses grew 13 per cent over the same period.
For China Securities, the immediate focus of the Dubai operation is engagement with clients, investors and financial institutions across the Middle East. DIFC said the office would also support connections between capital markets in China and the UAE and wider international markets.
Arabian Post Staff -Dubai Majid Al Futtaim has opened ELMNT33° at Mall of Egypt, investing EGP457 million in a new dining, lifestyle and co-working destination as the Dubai-based group broadens its footprint in Egypt. The 5,250-square-metre development brings restaurants and cafés together with lifestyle offerings and flexible workspaces at the mall in 6th of October City. The company said the concept is intended to extend the role […]
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 29 September 2026 – Skyro, a high-growth consumer finance group, today announced that its Malaysian entity now holds a moneylender’s licence issued by the Ministry of Housing and Local Government (KPKT), authorising it to conduct online moneylending in Malaysia, which will become its second market in Southeast Asia following the Philippines. The company plans to launch its first product in Malaysia, cash loans, in the coming months.
Founded in 2022, Skyro has already established a strong presence in the Philippines, where it uses an AI-powered credit-scoring model designed to serve customers who may be underserved by traditional banks. Since its founding, the company has disbursed more than USD 600 million in loans, expanded its user base to more than 7 million and reached operating break-even in the first half of 2026.
Skyro plans to adapt the business model that has proven successful in the Philippines to the Malaysian market. The company enters Malaysia as the country’s consumer credit sector is undergoing significant regulatory reform, following the introduction of the Consumer Credit Act 2025 and the establishment of the Consumer Credit Commission.
Arsen Liametov, Co-founder and Co-CEO of Skyro, said:
“We use advanced AI-based scoring tools to provide convenient and intuitive credit products to people underserved by traditional banks. Our success in the Philippines gives us confidence in this approach, which we plan to adapt for other markets across Southeast Asia and beyond.”
With a population of around 35 million, Malaysia represents an important market for the expansion of digital financial services. While most of the population has access to bank accounts, consumers with limited credit histories or without verified income may find it difficult to obtain traditional bank loans. In the Philippines, Skyro uses AI and alternative data to assess creditworthiness, and it intends to apply a similar approach in Malaysia that has been adapted to local conditions and regulatory requirements.
Nasim Aliev, Co-founder and Co-CEO of Skyro, said:
“Ambitions shouldn’t have to wait. Across Southeast Asia, we see the same pattern: hardworking people are held back not by a lack of effort but by a temporary cash gap standing between them and a real opportunity. In Malaysia, we plan to develop credit products that give people a solution to this challenge while ensuring full control and transparency over their spending.”
Skyro plans to enter the Malaysian market with cash loans and intends to introduce further credit products in Malaysia over time. Skyro has also announced plans to expand into other markets, including Saudi Arabia, and to build an ecosystem of financial products.
Hashtag: #Skyro
The issuer is solely responsible for the content of this announcement.
About Skyro
Skyro is a high-growth, digital-first fintech group delivering scalable, responsible financial access across high-potential emerging markets. Powered by proprietary data science, AI-driven credit decisioning, and alternative-data scoring, the company combines a mobile-native experience with modular fintech architecture to serve underserved client segments at scale.
As of 2026, Skyro has a registered user base of more than 7 million and a credit portfolio exceeding USD 200 million. The company’s ambition is to become a leading full-spectrum financial services group across high-potential markets by combining capability proven at scale with a commitment to building each business around the needs of the market it serves.
Arabian Post Staff -Dubai Unilever Egypt has commissioned a new Sunsilk shampoo production line at its Mashreq Personal Care factory in 6th of October City, raising the plant’s annual production capacity by 20% and directing the additional output entirely to export markets. The line is the 13th at the factory and forms part of the consumer goods group’s expansion of manufacturing in Egypt. The facility currently sends […]
Malaysian brand details use of 316L stainless steel, implant-grade titanium and coated 925 sterling silver to address tarnishing in high-humidity conditions
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 29 September 2026 – Nora Ana Jewelry, a Malaysian jewelry brand founded in 2023, has outlined the material and coating standards applied across its collection of earrings, rings, bracelets and necklaces, which are designed for daily wear in tropical conditions. The brand’s approach addresses a common issue faced by consumers in Malaysia: the accelerated tarnishing and discolouration of fashion jewelry in high-humidity environments.
Tarnishing is the result of oxidation, a chemical reaction between metal and its surrounding environment. Malaysia’s climate presents three conditions that accelerate this process: high year-round humidity, perspiration, and, in coastal areas, salt-laden air. Fashion jewelry produced for temperate markets is typically made from plated brass or alloy, which can discolour in these conditions within weeks.
“Much of the fashion jewelry available to Malaysian consumers is manufactured for markets with very different climates,” said Nora Haniff, Founder of Nora Ana Jewelry. “Our collection is developed specifically for the conditions in which Malaysians wear jewelry every day, including exposure to humidity, water and perspiration.”
Materials and Coatings
Nora Ana Jewelry’s collection is built primarily on three base materials, each selected for its resistance to corrosion and its suitability for sensitive skin:
316L stainless steel. A marine-grade steel containing chromium, which forms a passive protective layer against moisture. 316L is widely used in watchmaking and surgical instruments for its corrosion resistance. The brand applies 18K gold plating over this non-reactive base.
Implant-grade titanium. A chemically inert, nickel-free and biocompatible metal used in medical implants. It is unaffected by water and perspiration and is suitable for wearers with sensitive skin.
925 sterling silver. A precious metal with natural hypoallergenic properties. To address sterling silver’s tendency to tarnish, the brand applies an 18K gold layer and a protective e-coating to its sterling silver collection, sealing the surface against oxygen, moisture and perspiration.
In addition to e-coating, the brand uses physical vapour deposition (PVD) coating on selected pieces. PVD bonds the gold finish to the base metal at a molecular level, a process also used in the watch and consumer electronics industries. PVD-coated pieces offer increased resistance to scratching, perspiration and chlorinated water.
“We select metals and coating methods that are proven to withstand the conditions Malaysians live in, and design pieces intended to be worn continuously, including during showering, swimming and exercise,” Nora said. “Basic care, such as rinsing and wiping jewelry after exposure to chemicals, helps preserve the protective coatings over the long term.”
Guidance for Consumers
Nora Ana Jewelry advises consumers to consider three factors when purchasing jewelry intended for daily wear in Malaysia: the base metal, the type of gold finish, and whether any additional protective coating has been applied. Pieces made from unspecified alloy, or without a protective coating, are more likely to tarnish in tropical conditions.
The brand notes that uncoated sterling silver remains a durable option when maintained properly, as it is a precious metal with intrinsic value that can retain its appearance over many years with regular care.
The Nora Ana Jewelry collection is available at https://najewelry.com.my, with worldwide delivery.
Hashtag: #NoraAnaJewelry
The issuer is solely responsible for the content of this announcement.
About Nora Ana Jewelry
Nora Ana Jewelry is a Malaysian jewelry brand founded by Nora Haniff in 2023. The brand designs waterproof, rust-proof and tarnish-resistant jewelry crafted from 18K gold-plated 316L stainless steel, implant-grade titanium, and 18K gold-plated 925 sterling silver. All pieces are hypoallergenic and designed for everyday wear in tropical conditions. Based in Kuala Lumpur, the brand ships worldwide.
Polymarket has added 15-minute Bitcoin price markets to its US app, giving users a new way to trade contracts tied to whether the cryptocurrency rises or falls during successive quarter-hour windows. The contracts, listed as “BTC Up or Down: 15 min”, settle according to whether a specified Bitcoin reference price at the end of each 15-minute interval is greater than or equal to its level at the […]
OutdoorAdvertisingUAE.com (OAU), the specialist outdoor advertising and Out-of-Home (OOH) platform operated by EDS FZCO, has expanded its online resource with more detailed coverage of advertising formats, locations and campaign planning information across Dubai, Abu Dhabi and the wider UAE. The expansion follows the platform’s launch as a central reference point for advertisers seeking to understand the UAE’s fragmented outdoor media landscape, where advertising opportunities are distributed across […]
Alibaba to become Nets’ Official Jersey Patch Partner, and bring Real-Time 360° Replay and personalized fan collectibles to Barclays Center
NEW YORK, UNITED STATES – Media OutReach Newswire – 28 September 2026 – Alibaba Group and Brooklyn Sports & Entertainment today announced a strategic multi-year partnership naming Alibaba an Official Technology and Cloud Partner of the Brooklyn Nets. The partnership pairs Alibaba’s cloud technology with the Brooklyn Nets’ live game replay, in-game entertainment and marketing initiatives, creating more immersive experiences for fans in the arena.
As the Nets’ Official Jersey Patch Partner, Alibaba will support the team’s 60th anniversary season—a year-long campaign honoring iconic players, defining moments and milestones across the franchise’s history—through technology-enabled fan experiences and marketing activations.
“Alibaba has long partnered with leading sports organizations worldwide, giving us a deep understanding of how to deliver technology at the scale and speed live sports demand,” said Toby Xu, Chief Financial Officer, Alibaba Group. “We are excited to team up with the Brooklyn Nets to unlock new possibilities in sports innovation. As we head into the new season, we look forward to delivering immersive experiences for fans at Barclays Center and beyond.”
“The Brooklyn Nets are committed to investing in technology to enhance the fan experience and elevate how basketball is experienced at Barclays Center,” said Sam Zussman, CEO, Brooklyn Sports & Entertainment. “As we celebrate 60 seasons of Nets basketball, we are intentional about how we innovate across our marketing and in-arena experiences, and this partnership with Alibaba will help us develop new ways to connect fans with our history and identity.”
Beginning with the 2026-27 NBA season, Alibaba’s technology will power a Real-Time 360° Replay system at Barclays Center, bringing faster and more innovative replays. Through the in-arena “Nets Figure Lab,” fans will also be able to create personalized collectible cards using Alibaba’s technology.
Across the season, Alibaba and the Nets will use the partnership to test and scale innovative technology and marketing applications on and beyond game day, enhancing fan experiences while supporting the next chapter of Nets basketball. For the Nets, the collaboration represents an investment in the future of the franchise, using technology and creative collaboration to honor six decades of history while building what comes next.
Hashtag: #AlibabaGroup
The issuer is solely responsible for the content of this announcement.
By Nitya Chakraborty Brazil is scheduled to hold its much-awaited presidential elections on October 4 this year. The incumbent leftist President Inacio Lula da Silva of the Workers Party is facing off the far-right candidate, Flabio Bolsonaro, in a tightly contested poll. Latest opinion polls give Lula a slight edge. If no one gets over […]
By Kalyani Shankar India is campaigning for both a permanent and a non-permanent seat on the UN Security Council. Securing a permanent seat requires significant changes to the UN structure, which are progressing slowly. India is seen as a key voice for the Global South and in the Indo-Pacific. Foreign Affairs Minister S. Jaishankar, currently […]
Banyan Group Residences records 900 per cent year-on-year rise in luxury sales value, underlining the widening gap between prime and mass-market residences
PHUKET, THAILAND – Media OutReach Newswire – 28 September 2026 – Phuket’s residential property market is becoming increasingly polarised. Genuinely differentiated luxury residences continue to attract strong demand, while lower-priced, investment-led segments are showing signs of saturation and, in some areas, oversupply. Banyan Group Residences, whose luxury sales value in Phuket rose 900 per cent year-on-year to nearly US$50 million, illustrates the resilience of well-located, high-quality residences even as conditions become tougher elsewhere in the market.
The divide is becoming more pronounced. There is a clear distinction between genuinely differentiated luxury residences and more commoditised products built for short-term speculation. Premium buyers continue to commit capital to prime locations, trusted brands and long-term lifestyle value, while a wave of new, commoditised supply aimed largely at short-term investment has outpaced demand at the lower end, intensifying competition and, in some cases, leaving units unsold.
Among Banyan Group Residences’ results, sales of the exclusive luxurious Banyan Tree Beach Residences projects Oceanus, Varuna, Aegir and Nammu have recorded an increase in sales of 900 percent year-on-year including what is believed to be the most expensive condominium transaction recorded in Phuket to date.
Bangtao and the wider Laguna Phuket area have emerged as the island’s most sought-after residential locations, combining west-coast beaches with an established international community and a growing concentration of restaurants, schools, wellness and lifestyle amenities – characteristics of a mature international market rather than an emerging one.
Continued interest from high-net-worth buyers seeking to diversify wealth into tangible, personally enjoyable assets amid currency depreciation, inflation and market volatility is also supporting demand at the top of the market. Today’s luxury buyer is acquiring a home that supports their family’s lifestyle and serves as a long-term store of value – not a speculative purchase based on short-term rental projections, the kind of buying that has fuelled much of the oversupply at the lower end.
Thailand’s political stability, established tourism economy and relative distance from regional conflicts continue to support demand from buyers across Europe, Asia, the Middle East and beyond, though unevenly across price tiers.
As supply increases across the wider market, buyers are expected to place greater emphasis on developers’ track record, construction quality, professional management and reputable services. The market is not weakening uniformly – it is becoming more polarised, with well-positioned luxury developments continuing to perform strongly while oversupplied, lower-tier projects face a longer period of adjustment, encouraging higher standards, greater transparency and a stronger focus on sustainable development across the industry.
Banyan Group Residences will continue to focus on prime locations, distinctive high-quality design and the creation of residential communities that deliver lasting value for owners.
Model Context Protocol servers are opening significant gaps in enterprise security governance as artificial intelligence agents connect to infrastructure beyond established corporate controls, new research examining more than 15,000 published servers has found. OX Security analysed 15,465 MCP servers and 5,095 unique hostnames, finding that 15.6% of the hostnames resolved to infrastructure outside the United States. The researchers identified 19 in China and 18 in Russia, raising […]
Singapore’s Temasek has acquired a 9% strategic minority stake in the management company of Milan-based private equity investor FSI, extending a longstanding investment relationship and committing additional capital to the firm’s future funds.
Financial terms of the transaction were not disclosed. The companies said on Monday that the partnership would combine FSI’s access to Italy’s mid-market businesses with Temasek’s sector expertise and international network, with a focus on helping companies expand into new markets.
FSI manages about €5 billion and concentrates on growth investments in mid-sized businesses. Temasek has previously invested in FSI funds and will make further commitments to future vehicles, including FSI Scale-up Capital Solutions, a fund aimed at high-growth small and medium-sized enterprises.
Nagi Hamiyeh, president of Temasek Global Investments, said Italy was “an integral part” of Temasek’s European strategy. He said the Singapore investor had built its portfolio and relationships in the country over more than a decade, with the pace of investment accelerating in the past few years.
“Our partnership with FSI extends this commitment to the mid-market,” Hamiyeh said, adding that Temasek could use its sector capabilities and global networks to support Italian companies seeking international expansion and long-term growth.
The transaction builds on a relationship that began with Temasek’s investment in FSI funds in 2018. Temasek was an investor in FSI I, which closed in 2019, and FSI II, which closed in 2024. It is also participating in the Scale-up Capital Solutions vehicle launched this year.
FSI’s website says its flagship FSI I and FSI II funds have commitments of €1.4 billion and €1.6 billion respectively, while Scale-up Capital Solutions extends its investment strategy into the lower mid-market. The new vehicle is targeting businesses with growth potential, including companies seeking capital for expansion, acquisitions or international development.
Maurizio Tamagnini, FSI’s chief executive and managing partner, said Temasek had been a founding investor in the firm’s funds and that the two teams had worked together beyond those commitments to identify opportunities across Italian companies of different sizes.
“Today’s step therefore builds on a shared investment culture, experience and deep mutual trust between the leadership of the two institutions,” Tamagnini said. He described FSI as a channel connecting global institutional capital with Italy’s small and medium-sized businesses.
Temasek’s investment also increases its exposure to Italy, where it has invested for more than a decade. Its holdings include interests in luxury groups Ermenegildo Zegna, Golden Goose and Moncler, giving the Singapore company an established presence in one of Italy’s prominent consumer sectors.
The group has also been increasing allocations across Europe, the Middle East and Africa. It aims to invest between €14 billion and €17 billion in the region by 2029 and deployed about €13 billion there during the two financial years ended March 31, 2026.
Temasek reported a net portfolio value of S$518 billion for the year ended March 31, 2026. The company is wholly owned by Singapore’s Minister for Finance, but operates commercially and makes investment decisions independently of the government, according to Singapore’s Ministry of Finance and Temasek’s governance framework.
For FSI, the investment brings a major global institutional investor directly into its management company while preserving the firm’s focus on Italian businesses. FSI says its team has invested more than €3 billion in 25 companies over 15 years and completed more than 50 acquisitions.
Temasek’s move does not give it control of FSI’s management company. The investment is structured as a minority holding, while the additional fund commitments place capital alongside other institutional investors. The arrangement expands the relationship at both the management-company and investment-fund levels without altering FSI’s investment mandate.
Its investment model targets businesses where fresh equity and strategic support can finance expansion without relying primarily on leverage. The firm identifies family-owned companies, fragmented domestic industries and businesses with limited access to capital markets among the areas where it sees opportunities.