By Dr. Gyan Pathak The talks between the representative of the United Forum of Bank Unions (UFBU) and the Indian Banks’ Association (IBA) held on September 4 has failed. On the one hand, UFBU has said that they are not in a position to defer their multiple strike schedule in banks, beginning from September 11, […]
Threat actors are exploiting leaked Amazon Web Services credentials to hijack costly generative AI models on Amazon Bedrock, turning compromised cloud identities into a route for unauthorised inference and potentially large charges against victim accounts. FortiGuard Labs disclosed on September 3 that it had analysed an AWS account compromise involving a long-lived Identity and Access Management access key carrying AdministratorAccess permissions. The stolen credential was used to […]
The International Monetary Fund has confirmed that all bitcoin added to El Salvador’s official holdings since June 2025 came from private donations, with no public resources used to expand the country’s cryptocurrency position. The disclosure was contained in an IMF statement issued after staff reached agreement with Salvadoran authorities on the combined second and third reviews of the country’s $1.4 billion Extended Fund Facility. The Fund said […]
Arabian Post Staff -Dubai Dell Technologies and Armada have signed a memorandum of understanding to develop containerised mobile and edge data centre solutions across Saudi Arabia, targeting organisations that need computing and storage capacity close to operations. The agreement, announced on Friday after being signed during LEAP 2026 in Riyadh, sets a framework for combining Dell’s enterprise hardware and infrastructure stack with Armada’s specialised mobile, containerised data […]
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 4 September 2026 – On September 3, the Macao SAR Government hosted a reception and the Macao Economic, Trade and Tourism Investment Promotion Seminar in Kuala Lumpur, Malaysia, to pragmatically advance bilateral cooperation across public and private sectors. The event facilitated over 120 business matching sessions and concluded with more than 60 signed agreements. These partnerships span key sectors including tourism, MICE (meetings, incentives, conferences, and exhibitions), high-tech & AI services, traditional Chinese medicine (TCM) & big health, and Muslim-friendly initiatives. Some agreements specifically focused on pharmaceutical registration and certification, regional distribution networks, and “multi-destination” tourism layouts.
The Chief Executive, Mr Sam Hou Fai, and guests make a toast at a reception in Kuala Lumpur, Malaysia hosted by the Macao Special Administrative Region Government.
The event gathered over 350 guests, including Sam Hou Fai, Chief Executive of the Macao SAR; Tiong King Sing, Minister of Tourism, Arts and Culture of Malaysia; Sim Tze Tzin, Deputy Minister of Investment, Trade and Industry of Malaysia; and Ouyang Yujing, Chinese Ambassador to Malaysia. They were joined by members of the Macao SAR government and entrepreneurial delegations, representatives from the Chinese Embassy in Malaysia, and prominent figures from various sectors in Malaysia.
Sam Hou Fai stated that this visit to Malaysia aims to renew traditional friendship, build further consensus, and elevate pragmatic cooperation between Macao and Malaysia to a higher level. Macao aspires to serve as a bridge for deepening cooperation between Malaysia and Mainland China, working together to open a new chapter of mutual benefit, win-win outcomes, and synergistic development. He pointed out that both Macao and Malaysia are key nodes on the “Maritime Silk Road,” sharing deep cultural and people-to-people bonds and close exchanges. Facilitated by mutual visa-free entry and direct flights, the two regions have achieved fruitful cooperation in trade, investment, tourism, MICE, and education. Malaysia is not only an important economic partner and international tourist source market for Macao, but also demonstrates immense potential for collaboration in cultural exchange, educational partnerships, and the promotion of Muslim-friendly tourism.
Tiong King Sing highlighted Malaysia’s strategic position in ASEAN—a fast-growing regional market—and Macao’s role in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). By linking their networks, both sides can help businesses unlock vast opportunities between ASEAN and the GBA. He emphasized Malaysia’s readiness to strengthen cooperation in trade, tourism, and education. He urged both sides to bridge connections and engage businesses, schools, tourism operators, and cultural groups to deliver tangible results.
The seminar featured presentations, business matching, and sharing sessions highlighting Macao’s “Tourism+” initiatives, especially “Tourism + Healthcare” big health. Notably, Macao Union Medical Center’s advanced services are meet diverse international healthcare needs.
Additionally, Macao’s upcoming private healthcare law will introduce a “day hospital” category, a one-stop licensing system, and regulations for telemedicine, outreach services, and advanced therapies, fostering a clear, flexible investment environment. Leveraging Macao-Hengqin synergy, the region seeks to partner with Southeast Asian firms to capture medical tourism and big health opportunities.
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Nvidia has agreed to acquire artificial intelligence developer platform Hugging Face in a transaction valued at $12.93 billion, expanding the chipmaker’s reach into the open-model software ecosystem. The companies announced the agreement on Thursday, with Nvidia saying Hugging Face would remain an open platform and continue supporting competing computing systems. The transaction is expected to close in the first half of 2027, subject to regulatory approvals and […]
Arabian Post Staff -Dubai stc Bahrain has signed a strategic partnership with Tata Consultancy Services to transform its IT operations, introducing managed services and advanced automation as the telecoms provider seeks a more scalable, resilient digital infrastructure. The agreement, announced during LEAP 2026 in Riyadh, will focus on modernising stc Bahrain’s technology landscape and establishing what the company describes as a future-ready operating model. The programme is […]
Chevron will invest more than $7 billion through its Venezuelan joint ventures over five years, aiming to more than double production to about 600,000 barrels a day as it enlarges its position in the country’s oil sector. The Houston-based company said agreements reached with Venezuela provide updated fiscal, commercial and legal terms intended to support long-term investment, project development and higher production. Chevron was also assigned additional […]
Arabian Post Staff -Dubai Keeta Drone has resumed commercial drone deliveries in Dubai after securing regulatory approvals from the Dubai Civil Aviation Authority, restarting service from Silicon Central Mall to eligible areas around Dubai Silicon Oasis. The company said customers can place food orders through the Keeta app from participating restaurants and beverage outlets, with autonomous drones carrying eligible deliveries to designated collection points. Orders can be […]
A dispute over the term “non-market” lay at the centre of the breakdown between China and the United States at this week’s Group of 20 finance meeting, where Beijing withheld support for a consensus statement backed by the other members. The disagreement emerged during negotiations in Asheville, North Carolina, over language addressing global economic imbalances. People familiar with the talks said the sharpest argument focused on whether […]
Arabian Post Staff -Dubai The UAE will continue advancing major projects, economic initiatives and government reforms without waiting for “perfect conditions”, Vice President and Prime Minister Sheikh Mohammed bin Rashid Al Maktoum said on Wednesday. Chairing the first Cabinet meeting of the new government season at Qasr Al Watan in Abu Dhabi, Sheikh Mohammed said federal teams must sustain delivery while reinforcing the systems, infrastructure and international […]
Arabian Post Staff -Dubai TotalEnergies and ExxonMobil will hold dedicated procurement workshops in Luanda on September 8, giving Angolan suppliers direct access to information on contracting requirements and opportunities linked to the companies’ upstream operations. The sessions form part of the pre-conference programme for Angola Oil & Gas 2026, whose main conference and exhibition will run on September 9 and 10 at the Centro de Convenções de […]
Chinese President Xi Jinping arrived in Cairo for a state visit on Tuesday night, opening talks with President Abdel Fattah el-Sisi as Beijing seeks stronger ties with a pivotal Arab partner amid questions over Washington’s regional role. Xi, accompanied by his wife Peng Liyuan, was received at Cairo International Airport by Sisi and Egypt’s first lady, Entissar el-Sisi. The visit is Xi’s first to Egypt in a […]
JAKARTA, INDONESIA – Media OutReach Newswire – 2 September 2026 – The Government of the Macao Special Administrative Region of the People’s Republic of China convened a reception alongside the Macao Economic, Trade, and Tourism Investment Promotion Seminar in Jakarta, Indonesia, on September 1, to advance multi-domain cooperation between Macao and Indonesia at both governmental and non-governmental levels. The event hosted over 120 business matching sessions, yielding more than 80 cooperation agreements across key sectors, including tourism, high-tech, healthcare, and conventions and exhibitions.
The event gathered over 350 distinguished guests, including Mr.Sam Hou Fai, Chief Executive of the Macao SAR; Susiwijono Moegiarso, Secretary of the Coordinating Ministry for Economic Affairs, Republic of Indonesia; and Wang Lutong, Chinese Ambassador to Indonesia. Also in attendance were members of the Macao SAR Government and entrepreneur delegations, representatives from the Chinese Embassy in Indonesia, and prominent figures from various sectors in Indonesia.
Mr.Sam Hou Fai stated that the implementation of China’s 15th Five-Year Plan and the Macao SAR’s 3rd Five-Year Plan will unlock cooperation opportunities between Macao and Indonesia. He noted that Indonesia is the birthplace of the “21st Century Maritime Silk Road,” and both Macao and Indonesia are pivotal nodes along this route. Guided by the Belt and Road Initiative and the China-Indonesia Comprehensive Strategic Dialogue mechanism, the friendly cooperative ties are poised to deepen further.
In the first half of this year, international visitor to Macao rose by 6% year-on-year, with approximately 88,000 Indonesian tourists—ranking among the top source markets in Southeast Asia. This highlights the close ties between Macao and Indonesia in people-to-people exchanges, trade, and tourism. The Macao SAR Government is committed to promoting exchanges at all levels. By leveraging Macao’s role as a vital bridgehead for China’s high-level opening-up and as a “precise connector,” Macao aims to strengthen all-around, pragmatic cooperation in trade, investment, MICE, tourism, and cultural exchanges, actively contributing to a China-Indonesia community with a shared future.
Edi Prio Pambudi, Deputy Minister for International Economic Cooperation of the Coordinating Ministry for Economic Affairs of Indonesia, stated in his speech that under the “One Country, Two Systems” principle, Macao has built an outstanding international reputation with its long-term stability, high degree of openness, and strong connectivity. As a vital hub for mutual learning between Chinese and Western civilizations, Macao has successfully gathered global talent, capital, and creativity. Indonesian sectors widely applaud and anticipate Macao’s economic diversification.
He noted that close economic and cultural ties have driven Macao enterprises to invest in Indonesian projects like construction and transportation. In terms of tourism, Macao welcomed over 200,000 visitors from Indonesia last year, ranking Indonesia among Macao’s top source markets in Southeast Asia. Indonesia’s visa-free policy for Macao SAR passport holders will further facilitate mutual exchanges. Looking ahead, Indonesia and Macao share vast potential for cooperation in Halal products, Traditional Chinese Medicine (TCM), and connectivity. Hashtag: #MacaoEconomicTradeandTourismInvestmentPromotionSeminar
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SINGAPORE – Media OutReach Newswire – 1 September 2026 – The Macao Special Administrative Region (MSAR) Government hosted a reception and the Macao Economic, Trade, Tourism and Investment Promotion Seminar in Singapore on August 31, aiming to practically advance cooperation between Macao and Singapore across multiple official and non-governmental sectors. The event featured over 130 business matching sessions and witnessed the signing of more than 80 agreements, covering key areas such as high technology, traditional Chinese medicine (TCM) and big health, conventions and exhibitions (MICE), tourism, modern finance, and industry-academia-research collaboration.
The event gathered over 350 distinguished guests, including Sam Hou Fai, Chief Executive of the MSAR; Gan Siow Huang, Minister of State, Ministry of Foreign Affairs & Ministry of Trade and Industry; representatives from the Embassy of the People’s Republic of China in Singapore; members of the MSAR Government delegation; delegates from the Macao-Hengqin and Mainland China economic, trade, and tourism delegation; as well as representatives from Singapore’s political, business, cultural, tourism, and trade association sectors.
Sam Hou Fai stated that last June, coinciding with the 35th anniversary of the establishment of diplomatic relations between China and Singapore, Prime Minister Lawrence Wong made a successful visit to China. President Xi Jinping and Prime Minister Wong jointly charted the course for the stable and healthy development of China-Singapore relations in this new phase. He noted that leading the delegation to Singapore this time is both a concrete action to implement the important consensus reached by the leaders of both countries, and a key initiative for Macao to leverage its unique advantages, deepen and expand exchanges and cooperation with Singapore, and inject new momentum into China-Singapore relations.
This year marks the inaugural year of China’s “15th Five-Year Plan,” and to ensure seamless alignment and coordination, the Macao SAR Government recently promulgated the “Third Five-Year Development Plan for the Economic and Social Development of the Macao Special Administrative Region (2026-2030).” The key strategic deployments of the Plan focus on driving diversified economic development on a solid footing, with four major engineering projects and government-guided funds serving as the primary leverage, while deepening Macao-Hengqin integration to advance the high-quality development of the Guangdong-Macao In-Depth Co-operation Zone in Hengqin. Furthermore, the Plan aims to accelerate urban renewal to build a beautiful and smart Macao, alongside actively participating in the high-quality development of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) to position Macao as a vital bridgehead for the nation’s high-level opening-up and an essential window for mutual learning and exchanges between Chinese and Western civilizations. Concurrently, Macao will actively establish a convenient and highly efficient public service system, fostering a world-class, market-oriented, law-based, and internationalized business environment to earnestly protect the legitimate rights and interests of all market entities and investors, thereby offering foreign investors a more attractive and reliable investment climate.
Gan Siow Huang remarked that Macao and Singapore have long maintained close and friendly relations, achieving fruitful cooperation in fields such as economy, trade, tourism, education, and cultural exchanges. Looking ahead, both sides can leverage their complementary strengths to further deepen cooperation in tourism and urban development, working together to seize new opportunities for regional development and economic growth.
Both Singapore and Macao have established internationally renowned tourism industries and destination brands, allowing the two regions to draw on each other’s experiences in crafting premium visitor experiences, developing integrated tourism products, and building vibrant, highly livable cities. Singapore looks forward to sharing practical experiences in tourism industry development with Macao and fostering productive partnerships between their respective business sectors. Furthermore, as enterprises in both regions value their domestic markets while increasingly casting their eyes on broader overseas opportunities, Singapore and Macao can serve as mutually trusted partners to bridge the markets of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and Southeast Asia, supporting businesses from both sides in tapping into new opportunities and constructing robust cross-regional networks. At the same time, by pooling corporate strengths, both sides can carve out new avenues of growth in key economic sectors such as digitalization, innovation, sustainable development, and eldercare services.
Russian President Vladimir Putin met Iranian President Masoud Pezeshkian in Bishkek on Tuesday, opening bilateral talks on the sidelines of the Shanghai Cooperation Organisation summit as Tehran confronts renewed military tensions with the United States. The Kremlin confirmed that Putin was holding a meeting with Pezeshkian during the gathering in Kyrgyzstan, where leaders of the 10-member SCO assembled for the organisation’s 25th anniversary summit. The talks brought […]
Arabian Post Staff -Dubai Alpha Dhabi Holding has doubled its capital commitment to the Mubadala Capital-managed MICAD Credit joint venture to $1 billion and raised its ownership stake to 40 per cent from 20 per cent, expanding its exposure to global private credit. The Abu Dhabi Securities Exchange-listed investment group said the revised partnership agreement also broadens MICAD Credit JV’s mandate beyond its existing US and European […]
Venezuela has insisted that its new 25-year energy agreement with the United States preserves state ownership of the country’s oil reserves, sharpening scrutiny of President Donald Trump’s claim that Washington has secured majority control over more than 65 billion barrels of Venezuelan crude. Interim President Delcy Rodríguez said the accord covers the development of 17 strategic oilfields and targets production of more than 1.5 million barrels a […]
European Central Bank Executive Board member Isabel Schnabel has called for central bank money to become a native programmable asset on distributed-ledger platforms, arguing that smart contracts could make monetary policy operations faster and more flexible as finance becomes tokenised. Speaking at the Jackson Hole Economic Policy Symposium on August 28, Schnabel said central banks need to extend their operational reach into tokenised markets rather than leave […]
Arabian Post Staff -Dubai Venezuelan acting President Delcy Rodríguez faced criticism on Sunday from opposition figures and former Chavista officials over a sweeping oil agreement that gives the United States majority control over output tied to 65 billion barrels of proven crude reserves. Rodríguez defended the 25-year arrangement in a televised address, insisting Venezuela would retain ownership and sovereignty over its natural resources while using US capital, […]
US lawmakers renewed demands for President Donald Trump to end the war with Iran as the conflict passed its six-month mark, while the White House shifted emphasis towards economic pressure and Trump signalled no urgency to restart negotiations. Republican Representative Thomas Massie and senior Democrats used Friday’s milestone to challenge a war that began on February 28 with coordinated US and Israeli strikes. Massie said the conflict […]
Greece and Israel are preparing to sign a €3.1 billion agreement on Monday for a nationwide multilayered air and missile defence network, moving Athens’ Achilles’ Shield programme from approval into implementation. The agreements are scheduled to be signed in Tel Aviv on August 31 between Greece’s General Directorate for Defence Investments and Armaments and SIBAT, the international defence cooperation directorate of Israel’s Ministry of Defence, alongside participating […]
Mistral AI and Saudi Arabia’s HUMAIN have agreed a strategic collaboration worth hundreds of millions of euros, linking local computing infrastructure with model development and enterprise deployments across the kingdom and the wider Middle East. The agreement, announced on August 24, will see Paris-based Mistral explore using HUMAIN’s data centre infrastructure to meet growing local computing demand while the companies jointly develop and localise advanced artificial intelligence […]
Formula One world champion Lando Norris has signed a new long-term agreement with McLaren that will keep him at the team until at least the end of 2030, with an option extending beyond that date. McLaren announced the deal on Saturday at its Technology Centre in Woking, where Norris told staff and guests that he wanted to continue the partnership that began when he joined the team’s […]
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