By P. Sreekumaran THIRUVANANTHAPURAM: The VD Satheesan-led United Democratic Front (UDF) Government has temporarily stayed an order implementing minimum marks for classes VI-II, IX and X in the 2026-27 academic year. Implementation of minimum marks was one of the most significant and debated decisions of the previous LDF Government. The LDF had in 2024 approved […]
Global investors go into Thursday’s talks between Donald Trump and Xi Jinping with one overriding demand. They want predictability, and they want it with a long runway attached. Markets have already placed a bet on a calm outcome. Wall Street’s benchmark index climbed 1.5% this week to post its best session since early August, while the main US tech index notched its first record close since June. […]
Arabian Post Staff -Dubai Iran has presented the United States with a proposed regional ceasefire framework that would halt attacks on Arab states, gradually reopen the Strait of Hormuz and set a timetable for broader negotiations aimed at ending the conflict, according to officials briefed on the diplomatic effort. The proposal, conveyed during talks around the United Nations General Assembly in New York, envisages a ceasefire lasting […]
HONG KONG SAR – Media OutReach Newswire – 11 September 2026 – The 11th Belt and Road Summit was successfully held at the Hong Kong Convention & Exhibition Centre (September 9–10), attracting over 6,200 political and business elites from more than 70 countries and regions under the Belt and Road Initiative (BRI) and beyond, exploring co-operation opportunities for mutually beneficial development.
During the two-day event, more than 60 Memoranda of Understanding (MoUs) and bilateral co-operation agreements were witnessed. The total value of these MoUs, together with new projects and deals finalised before and during the Summit, is over US$3.1 billion.
Hosted by the Hong Kong Special Administrative Region (HKSAR) Government since 2016, the summit remains the premier business and investment platform for Hong Kong’s participation in and contribution to the BRI.
Noting that the BRI is a shared blueprint for the future, rooted in a rich history of cross-cultural collaboration, HKSAR Chief Executive John Lee said: “Hong Kong, as a place where East meets West, is where capital, talent, businesses and opportunities converge. In addition to strengthening our relations with traditional partners, Hong Kong continues to expand our network of friends along the Belt and Road.”
Under the theme “Advancing High-quality Development · Embarking on a New Journey”, business and government leaders discussed co-operation across trade and commerce, legal services, green technology, logistics, artificial intelligence and new quality productive forces.
The summit explored new co-operation landscapes and emerging opportunities in trade, investment and development across Belt & Road markets and other regions, with a special focus on ASEAN, Central Asia and the Middle East, underscoring Hong Kong’s unique role as a “super connector” and “super value-adder”.
Mr Lee has led high-level business delegations to explore opportunities in 13 Belt and Road countries across ASEAN, the Middle East and Central Asia, delivering a total of over 250 MoUs and other agreements. These covered policy coordination, trade and investment, expanded connectivity and support for companies, underlining Hong Kong’s focus on opening new markets, forming new partnerships and advancing regional co-operation.
This year’s summit featured three newly-added special chapters – the GoGlobal Chapter, Central Asia Chapter and Middle East Chapter. The GoGlobal Chapter offered a one-stop platform for exchange and matchmaking for Chinese Mainland enterprises looking to tap new markets overseas, while the Central Asia and Middle East chapters invited local officials and business leaders to share investment opportunities.
“In light of the shifting geopolitics, rising trade protectionism and the reshaping of global supply chains, businesses going global is no longer simply an option; it is an increasingly important strategy for Chinese Mainland enterprises to diversify risks, strengthen resilience and pursue new growth opportunities,” said the HKSAR Government’s Secretary for Commerce and Economic Development, Mr Algernon Yau.
A freshly integrated University Zone highlighted Hong Kong universities’ R&D strengths and their capabilities in technology commercialisation across the Belt & Road region, consolidating Hong Kong’s position as an international education hub. The Summit also introduced a debut Dialogue for Future session, promoting think-tank exchanges on “The Belt and Road Initiative and Asia-Pacific Co-operation in a Changing Global Landscape”.
Through the Project Investment Session, Belt and Road Deal-Making, and Exhibition Zones, this year’s event showcased over 300 investment projects, and arranged more than 800 one-on-one deal-making meetings, helping enterprises connect with potential partners.
Arabian Post Staff -Dubai Turkish Airlines has finalised an agreement with Boeing for up to 150 737 MAX aircraft, securing 100 firm 737-8 orders and options for 50 more jets in its largest single-aisle purchase from the US manufacturer. The agreement, announced on Wednesday, concludes negotiations that began in 2025 and gives the carrier substitution rights allowing some of the additional aircraft to be converted to the […]
The United States and China have agreed to extend their trade truce by two months, keeping the arrangement in place until January 10 as President Donald Trump hosts Chinese President Xi Jinping in Washington for a state visit and a new round of talks. US Treasury Secretary Scott Bessent announced the extension after meeting Chinese Vice Premier He Lifeng in Washington on Wednesday, saying the extra time […]
Iranian President Masoud Pezeshkian said Tehran would not guarantee unrestricted navigation through the Strait of Hormuz while US sanctions and a naval blockade remain in force, hardening Iran’s position as diplomatic contacts with Washington resume in New York. Addressing the United Nations General Assembly on Wednesday, Pezeshkian said Iran could not accept a system in which other countries benefited from the strategic waterway while Tehran itself faced […]
Arabian Post Staff -Dubai Abu Dhabi-listed MAIR Group has agreed to acquire a 70 per cent stake in Eslab, owner of Turkish-origin specialty coffee chain Espressolab, marking the investment group’s first international acquisition since its stock-market listing. The company said it had signed a share purchase agreement for 70 per cent of Eslab’s issued share capital. Eslab’s founders and existing shareholders will retain the remaining 30 per […]
By Dr. Gyan Pathak Two Election Commissioners of India, out of three, have put on record their objections against certain decisions of the Election Commission under the leadership of Chief Election Commissioner (CEC) Gyanesh Kumar Gupta, and labeled them even ‘illegal’ and ‘unauthorised.’ An Indian Express investigation has found that objections were raised at least […]
By K Raveendran The Supreme Court’s hearing on Vande Mataram has exposed the question at the centre of the Modi government’s new law: when does honouring a national symbol become an obligation to voice beliefs a citizen does not hold? The court has given no final answer. Its decision to examine the consequences of refusing […]
By Ashok Nilakakntan Ayers WASHINGTON: The confrontation between Donald Trump and the American press has entered a new phase. What began on Friday as a presidential declaration against three news organizations — CNN, MS NOW and Politico — became a physical ban on Saturday, when reporters from the three organizations were stopped at the White […]
By Ashok Nilakantan Ayers NEW YORK: After months of courtroom confrontation, political pressure, Hollywood lobbying and increasingly tense negotiations, Paramount Skydance and Warner Bros. Discovery have finally found a settlement with California and 11 other states that removes the biggest obstacle to their proposed $110 billion merger. It is not quite the closing of the […]
Digital-asset companies in South Africa have put at least R2.2 billion of transactions on hold as uncertainty grows over proposed rules that would bring cryptocurrencies more firmly within the country’s exchange-control system. At least three deals have been paused because of the proposed changes, according to people familiar with the transactions. The affected agreements include a large private-equity investment and other deals intended to support small-business capital […]
Chinese and US officials concluded a second day of economic talks in New York on Monday, focusing on artificial intelligence, investment and trade ahead of President Xi Jinping’s state visit to the United States this week. China’s Vice Finance Minister Liao Min said the Monday discussions concentrated on implementing understandings reached by the two sides’ lead negotiators. He spoke briefly outside JPMorgan Chase’s headquarters in Manhattan, where […]
Arabian Post Staff -Dubai New World Development Co. and Abu Dhabi Investment Authority are in talks with Singapore’s UOL Group Ltd. over a potential sale of the Hyatt Regency Hong Kong, Tsim Sha Tsui, in a transaction that could value the hotel at about HK$3 billion. New World is discussing the disposal of its 50% interest in the property, while Abu Dhabi Investment Authority, or ADIA, is […]
Ed Sheeran has said his “heart has been broken” by the scale of civilian suffering in Gaza, while apologising for mistakes made amid the dispute over rapper Macklemore’s removal from his United States tour. Addressing fans at Lincoln Financial Field in Philadelphia on Saturday, Sheeran described the situation in Gaza as “catastrophic and unjustifiable and disproportionate” and said the humanitarian toll had forced him to speak publicly […]
Greenlogue/AP Beam Middle East and Masdar City Free Zone have signed a memorandum of understanding to explore the deployment of smart-energy and clean-mobility technologies across the Masdar City ecosystem in Abu Dhabi. The agreement will allow Beam Middle East to introduce and supply advanced energy systems for potential use within the sustainable urban district, including off-grid electric-vehicle charging infrastructure, solar-integrated e-bike systems and other clean-energy mobility technologies. […]
Arabian Post Staff -Dubai GFH Bank has signed a partnership agreement with AlNassr Club Company, making the Bahrain-headquartered bank a partner of the Saudi football club for the 2026–2027 season as it seeks to strengthen its profile in key regional markets. The agreement was signed in Riyadh by GFH Bank chief executive and board member Hisham Alrayes and AlNassr chief executive José Semedo, with senior representatives of […]
By K Raveendran Donald Trump now possesses one of the most formidable economic weapons available to an American president against countries sustaining Russia’s energy revenues. Yet, the decision on how aggressively to wield it is complicated by a contradiction that Washington cannot easily escape: squeezing Russian oil out of the international market could also push […]
The European Union has urged the United States to reconsider its decision to deny visas to Palestinian President Mahmoud Abbas and other Palestinian officials seeking to attend the United Nations General Assembly in New York, intensifying diplomatic pressure on Washington before the gathering. Anouar El Anouni, a spokesman for the European External Action Service, said on Saturday that the bloc regretted the extension of the visa denial […]
HONG KONG SAR – Media OutReach Newswire – 19 September 2026 – Hong Kong’s Chief Executive John Lee rolled out various measures to develop Hong Kong’s key economic centres when he unveiled the First Five-Year Plan for Economic and Social Development of the Hong Kong Special Administrative Region (HKSAR) (2026-2030) and his fifth Policy Address on September 16.
Under Hong Kong’s First Five-Year Plan, Hong Kong will focus on strengthening the four centres, developing the hub for high-calibre talent, consolidating and enhancing its competitive edge as an international city.
Hong Kong’s status as world-renowned international financial, maritime and trade centres as well as an international aviation hub underpin the city’s high-quality development and provide a firm foundation for the city’s long-term stability and prosperity.
“We will consolidate and enhance Hong Kong’s status as an international financial centre, and stay committed to our global positioning,” Mr Lee said. “Hong Kong will deepen the development of its global offshore Renminbi business and capital market, develop an international asset and wealth management centre and international risk management centre, enhance the securities market and expand fixed income and commodity trading.”
Hong Kong has become the world’s largest cross‑boundary wealth management centre this year, and the HKSAR Government will continue to develop a more attractive asset and wealth management ecosystem, Mr Lee said.
Hong Kong will develop a commodity trading ecosystem with gold as an entry point by driving the development of the clearing system, storage, supply, and infrastructure related to gold trading. The city’s central clearing and settlement system for gold will be officially launched in the first quarter of 2027.
“The significance of the First Five-Year Plan for Hong Kong lies in a mindset shift; we must plan Hong Kong’s financial development with a longer-term vision and broader perspective to adapt with flexibility and diversity,” said Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury. “Each of our initiatives centres around one objective, which is to elevate Hong Kong from a ‘corridor of capital’ to a ‘destination of choice’.”
Hong Kong was ranked the world’s fifth‑largest entity in merchandise trade in 2025. The HKSAR Government announced plans to consolidate and enhance Hong Kong’s status as an international trade centre, playing a greater role in the high‑level opening up of the Chinese Mainland.
Since the Task Force on Supporting Mainland Enterprises in Going Global was established last October, it has provided assistance, including listing and raising capital in Hong Kong, aligning with overseas standards, acquiring industry certifications and fulfilling compliance requirements for more than 340 Mainland enterprises.
The Task Force will strengthen collaboration with professional organisations to train talent for the GoGlobal initiative and enhance professional services, among other areas.
“In alignment with the National 15th Five-Year Plan’s call to advocate and practise true multilateralism, the First Five-Year Plan proposes to continue expanding international economic and trade network,” said Algernon Yau, Hong Kong’s Secretary for Commerce and Economic Development.
“We will actively forge free trade agreements and investment agreements with economies that are of development potential or strategic locations. Meanwhile, we will expand our network of overseas offices, and leverage the combined networks of our overseas Economic and Trade Offices, InvestHK, and the Hong Kong Trade Development Council offices globally to deepen overseas ties and step up trade and investment promotion.”
As an international maritime centre, Hong Kong has ranked fourth globally in maritime comprehensive strength for seven consecutive years. The Five-Year Plan will drive a “volume to value” transformation of the Hong Kong Port, capitalising on its strengths in high value‑added maritime services, to develop Hong Kong into a “Global Maritime Capital”.
To promote high value-added services, the industry will develop “Finance + Shipping”.
Taking advantage of the city’s well‑established maritime finance, insurance and maritime arbitration under common law, Hong Kong will build an integrated ecosystem under which Hong Kong‑invested enterprises adopt Hong Kong law, take out Hong Kong insurance and choose for arbitration to be seated in Hong Kong.
Regarding aviation, Hong Kong’s passenger throughput recorded a year‑on‑year increase of 15% last year, to 61 million, with flights to over 220 destinations. The city’s air cargo throughput reached 5.07 million tonnes, making its airport the world’s busiest cargo airport for the 15th year since 2010.
To strengthen development as international aviation hub, Hong Kong will expand its aviation network, and diversify business opportunities.
The HKSAR Government will continue to take the initiative to visit South America, Africa, Central Asia, the Middle East and the Caucasus to expedite the conclusion of new air services agreements and the expansion of traffic rights, thereby assisting the industry in exploring new passenger and cargo sources.
As for building Hong Kong as an international innovation and technology centre, the HKSAR Government will step up its efforts to promote artificial intelligence (AI) applications across various trades, and continue to strike a balance between encouraging innovation and protecting security, thereby enhancing Hong Kong’s international competitiveness in AI development.
In alignment with the national strategic technology areas, Hong Kong will focus on core technologies such as life and health, AI and robotics, microelectronics, new energy, advanced manufacturing and new materials. It will also continue to raise the ratio of Total Domestic Expenditure on Innovation Activities to Gross Domestic Product, striving to reach 3% after 2030.
Arabian Post Staff -Dubai Odisha has signed a memorandum of understanding with Abu Dhabi-based International Holding Company and the Adani Group to explore 14 projects carrying an indicative investment of ₹2.105 trillion across minerals, energy, manufacturing, healthcare, tourism and infrastructure. The agreement was concluded during Chief Minister Mohan Charan Majhi’s investment outreach in the UAE, with the state describing the portfolio as a major expansion of its […]
Kerala Tourism has stepped up its outreach to Gulf travellers at Arabian Travel Market 2026 in Dubai, using the four-day trade fair to present the state’s backwaters, wellness products, culture, nature and adventure experiences to buyers and industry partners.
Tourism Minister P. C. Vishnunadh visited the Kerala pavilion at the Dubai World Trade Centre and met UAE Minister of Economy and Tourism Abdulla bin Touq Al Marri as the state sought to deepen engagement with one of its most important overseas visitor markets. He was accompanied by Tourism Secretary Biju K.
Vishnunadh said the Middle East remained significant for Kerala because of the state’s longstanding links with the UAE and the region’s importance to its tourism economy. He said Arabian Travel Market provided an opportunity for tourism businesses to understand changing demand, identify emerging opportunities and present packages designed for Gulf travellers.
Kerala Tourism said 26,255 visitors from the UAE travelled to the state in 2025, underlining the market’s value as it looks to expand international arrivals and strengthen demand beyond peak seasons.
The state’s 69-square-metre pavilion, carrying the theme “Green Peace – Yalla Kerala”, used imagery of hill stations and green landscapes alongside displays promoting established and emerging tourism products. The presentation placed emphasis on Kerala as a year-round destination, with Ayurveda and wellness, beaches, backwaters, cultural experiences and adventure travel forming key parts of the pitch.
Vishnunadh also met Sudhir Sreedharan, senior vice-president of flydubai, and officials of the Dubai Police Authority during his visit. The meetings came as Kerala Tourism used the event not only for destination promotion but also for business networking with airlines, tour operators and travel-sector partners.
Six tourism businesses from Kerala joined the pavilion as co-exhibitors: Kairali – The Ayurvedic Healing Village in Palakkad, The Elephant Court in Thekkady, Somatheeram Ayurveda Group, Intersight Tours and Travels, Santamonica Tours and Travels, and Gateway Malabar Holidays. Their participation gave buyers access to accommodation, wellness and tour products directly from operators.
Arabian Travel Market 2026, held from September 14 to 17, brought together tourism authorities, airlines, hospitality companies, tour operators and other travel businesses from the Middle East and overseas markets. Organisers positioned the 33rd edition as a platform for commercial partnerships, destination marketing and discussion of travel trends.
The UAE used ATM to launch “Visit UAE”, its first unified federal tourism identity, bringing the seven emirates under a single national tourism platform. Abdulla bin Touq said the initiative was intended to present the country as an integrated destination and support stronger cooperation across tourism.
Kerala’s Gulf-focused campaign extended beyond the exhibition floor. At a Kerala travel meet in Dubai built around the same “Green Peace – Yalla Kerala” theme, officials and private-sector participants held business-to-business meetings with UAE-based buyers.
Tourism Secretary Biju K presented Kerala’s destination portfolio and invited travel-industry representatives to Kerala Travel Mart 2026, while the state highlighted its appeal across leisure, wellness, culture and nature-based travel. The engagement was designed to convert destination visibility into business links with tour operators and distributors serving Gulf customers.
Kerala has been placing greater emphasis on the Arab market because demand from the region often overlaps with the state’s monsoon and shoulder seasons, when Ayurveda, wellness and nature-based travel can help spread visitor flows more evenly through the year.
That approach also reflects growing competition among destinations for Gulf travellers, who have access to extensive direct and one-stop air connectivity through Dubai, Abu Dhabi, Doha and other regional hubs. Kerala’s strategy at the fair focused on product differentiation rather than a single tourism segment, combining established attractions with experiential offerings.
The Maldives also maintained a presence at the Dubai event, with 165 industry representatives from 74 tourism companies participating alongside official tourism bodies. Its delegation used the fair to pursue airline partnerships and destination marketing agreements aimed at improving connectivity and widening market reach.
Westinghouse Electric is seeking a valuation above $50 billion for a planned US initial public offering, people familiar with the preparations said, as the nuclear technology group moves towards a potential public filing as early as October. The proposed valuation has not been announced by Westinghouse or its owners and could change as preparations advance. The number of shares to be sold, the price range and the […]