Abu Dhabi’s main stock exchange and Italy’s bourse have taken a formal step towards closer capital-market integration, signalling ambitions that extend beyond headline listings to the plumbing of cross-border settlement and custody. The Abu Dhabi Securities Exchange Group, ranked among the world’s top 20 exchanges by market capitalisation, and Borsa Italiana, part of the Euronext group, signed a letter of intent during the Abu Dhabi Investment Forum […]
By K Raveendran The sharp note of disappointment sounded by Scott Bessent over the India–European Union free trade agreement says less about a single deal and more about a changing geometry of power in the global economy. At one level, Washington’s frustration reflects a familiar concern that sanctions and trade penalties are losing their bite […]
Pentagon negotiations with Anthropic have stalled amid a dispute over restrictions the company has embedded to prevent autonomous targeting and domestic surveillance, throwing uncertainty over a proposed defence AI contract valued at about $200 million and sharpening fault lines in Washington’s approach to military automation. Senior defence officials have pressed Anthropic to relax safeguards that block its models from selecting or engaging targets without human authorisation and […]
Arabian Post Staff -Dubai A new investment cooperation pact between the United Arab Emirates and Scotland aims to widen capital flows, align priority sectors and give institutional backing to a growing commercial relationship between the Gulf state and one of the UK’s devolved governments. The Memorandum of Understanding was signed by the UAE Ministry of Investment and the Scottish Government, setting out a framework to promote two-way […]
HONG KONG SAR – Media OutReach Newswire – 29 January 2026 – The Hong Kong Polytechnic University (PolyU) yesterday unveiled the PolyUResearch Excellence Report at a high-profile forum co-hosted with Clarivate, a leading global provider of transformative intelligence. The landmark report provides a comprehensive evaluation of PolyU research achievements and impact, reaffirming the University’s position as a global innovation powerhouse. The event, “Research Excellence Report Launch cum Impact Forum: Innovating for Global Impact”, drew around 100 distinguished attendees, including academic leaders from other tertiary institutions in Hong Kong and the Chinese Mainland, industry partners and policymakers. According to Clarivate, PolyU achieved a remarkable 65% surge in high-impact research output and a 55% rise in highly cited papers from 2020 to 2024, and led all University Grants Committee (UGC)-funded institutions in research publications in 2024, underscoring its position at the forefront of Hong Kong’s academic excellence.
The event was officiated by Prof. Timothy TONG, Chairman of the Research Grants Council (RGC); Mr Osher GILINSKY, Vice President for Asia Pacific, Academia and Government, Clarivate; and Prof. Christopher CHAO, Senior Vice President (Research and Innovation) of PolyU, who delivered opening remarks.
Celebrating PolyU’s exceptional research achievements and their far-reaching impacts on society, the Nation and the world, Prof. Tong stated, “The PolyU Research Excellence Report vividly demonstrates its commitment to sustainable development, reflecting the dedication and innovation of its faculty, researchers and students.” Prof. Tong commended PolyU for its effective use of research resources, noting the significant advancements in AI-driven medical breakthroughs, climate solutions and sustainability. He further emphasised the RGC’s ongoing commitment to supporting research that addresses major societal challenges, exemplified by initiatives such as the Research Impact Fund. Additionally, he reaffirmed the RGC’s partnership with universities in strengthening Hong Kong’s status as a global knowledge hub.
Recognising PolyU’s outstanding global research performance, Mr Gilinsky elaborated, “In recent years, PolyU has demonstrated high research productivity in high quality, driving for high impact for the society. PolyU was granted 1,020 patents between 2020 and 2024, the second highest among UGC-funded universities. To enhance research translation, PolyU has formed partnerships with companies including NVIDIA, Huawei and Alibaba. These achievements illustrate PolyU’s international connectivity, diverse disciplinary strengths and strong culture of research translation. Leveraging its strength with the Chinese Mainland resources, PolyU is also accelerating knowledge transfer and identifying emerging areas for discovery, particularly in AI-powered healthcare, sustainable engineering, advanced manufacturing and smart city development—fields where it aims for global leadership.”
Prof. Chao emphasised, “The report is a testament to years of dedicated effort, groundbreaking innovation and the unwavering commitment of the PolyU academic community. In 2025, we are proud to have 21 PolyU scholars named Highly Cited Researchers by Clarivate, while 428 rank among Stanford University’s World’s Top 2% Most-cited Scientists—placing PolyU second among Hong Kong tertiary institutions. Our Strategic Plan 2025/26 – 2030/31, themed ‘Unite to Meet Challenges, Innovate to Benefit Society,’ will further empower PolyU to deliver even more transformative contributions to society.”
Clarivate has been forging continuous collaborations with numerous institutions, including co-authoring the report series The impact of research undertaken by universities in Hong Kong with UGC in 2022. Produced by Clarivate using authoritative data from the Web of Science, the PolyU Research Excellence Report delivers a comprehensive assessment of the University’s overall research performance and achievements, highlighting PolyU’s global leadership in engineering, advancements in powering medical research with emerging AI technologies, and unique contributions to the hospitality, fashion and textile, design and art disciplines that distinguish the University on the global stage.
PolyU’s strengths are exemplified by its leadership in Hong Kong’s research output growth, achieving the highest number of publications among UGC‑funded universities in 2024. Nearly 40% of its outputs are internationally co-authored, while 27% involve QS Top 50 university partners. The quality and impact of the University’s research output are further evidenced by its strong disciplinary performance. In the QS World University Rankings by Subject 2025, seven PolyU disciplines rank in the global Top 30, while, overall, 26 disciplines are listed among the world’s Top 100, underscoring the breadth and depth of the University’s academic excellence across multiple fields.
Following the report launch, the Impact Forum featured a high-level panel discussion on “Innovations and Challenges in Research Evaluation”. The discussion facilitated insightful exchanges between the panel and attendees on evolving approaches to research assessment, the importance of measuring societal impact and strategies for fostering cross-institutional collaboration.
Engineering Leadership: Ranked 6th globally in Engineering and 2nd in Civil Engineering (Subject Rankings of U.S. News & World Report Best Global Universities Rankings 2025-2026), with research supporting Hong Kong’s Cross Bay Link project and national space missions. PolyU engineering publications grew by 68% between 2020-2024, with 38% of Hong Kong’s engineering publications affiliated with the University in 2024.
AI-driven Medical Innovations: 261 patents in Computing and Control solutions, including LungRT Pro (a radiotherapy support system), Scolioscan® (radiation-free scoliosis diagnosis) and STARS (a smartphone-based vision screening tool for children). These life‑changing innovations demonstrate PolyU’s strong interdisciplinary integration across computer science, optometry, biomedical engineering, rehabilitation sciences and nursing.
Unique Disciplines: Global top rankings in Hospitality and Tourism Management, and Textile Science and Engineering (1st and 5th respectively in ShanghaiRanking’s Global Ranking of Academic Subjects 2025), as well as Art and Design (22nd in QS World University Rankings by Subject 2025). Groundbreaking work includes smart wearables for stroke patients, AI-powered tourism demand forecasting platforms and sustainable community design projects.
Collaborative Impact: Over 600 international collaboration agreements with 390+ institutions across 45 countries and regions, and 3,100+ collaborative projects in the Chinese Mainland. Between 2020 and 2024, nearly 40% of its high-quality research publications were co-authored with international institutions. PolyU Unicorn startups have created over 5,000 international job opportunities and generated significant economic value.
By Nitya Chakraborty The meeting between Chinese President Xi Jinping and the British Prime Minister Keir Starmer on Thursday, January 29 in Beijing assumes special significance at a time when Britain is fighting its transatlantic ally U.S. over the sovereignty of Greenland and President Trump has mentioned security threat from China and Russia in Arctic […]
Tesla chief executive Elon Musk has put fresh emphasis on the need for the electric vehicle and technology company to build and operate its own semiconductor fabrication facility, which he calls a “TeraFab”, to sustain the firm’s ambitions in artificial intelligence, autonomous driving and robotics. Musk outlined the plan on an earnings call this week, framing it as a strategic response to looming chip supply constraints that […]
ChatGPT’s reported payment of about $60 million for a year of access to Reddit content, alongside Google’s deal estimated at roughly $70 million for similar rights, has brought fresh attention to how artificial intelligence companies are reshaping the economics of the open web. The agreements, disclosed through industry reporting and company statements, mark a shift from years in which social platforms generated value largely through advertising, while […]
Ottawa and New Delhi are preparing for a high-level visit in March by Canadian Prime Minister Mark Carney, with negotiations entering an advanced stage on a cluster of agreements covering uranium supply, clean energy cooperation, critical minerals and artificial intelligence. Officials familiar with the talks say the visit is being positioned as a reset in economic engagement after a period of diplomatic strain, with both sides keen to lock in commercially binding deals that reflect shifting global supply chains and technology priorities.
The centrepiece of the expected package is an expansion of civil nuclear cooperation, anchored in long-term uranium supply contracts. Canada is among the world’s largest producers of uranium, while India has been seeking diversified and reliable fuel sources to support its nuclear power programme, which is projected to grow sharply over the next decade. Negotiators have been working to streamline regulatory clearances and pricing mechanisms to give utilities and suppliers greater certainty, while ensuring safeguards and compliance obligations are met.
Energy cooperation is set to extend beyond nuclear. Talks have included collaboration on clean hydrogen, carbon capture and storage, and grid-scale renewable integration. Canadian firms bring experience in cold-climate energy systems, advanced storage and emissions management, while India offers scale, manufacturing depth and ambitious deployment targets. Officials describe the approach as moving from memoranda of understanding towards projects with defined investment timelines and joint development structures.
Critical minerals form another pillar of the discussions. Canada’s reserves of lithium, nickel, cobalt and rare earths are increasingly viewed as strategic assets as governments seek alternatives to concentrated supply routes. India, pushing to build domestic battery and electronics manufacturing capacity, has been exploring offtake agreements, joint exploration and downstream processing partnerships. The proposed framework is designed to align mineral extraction with environmental and community standards, while enabling long-term supply security for manufacturers.
Artificial intelligence cooperation has emerged as a newer, fast-moving track. Policymakers on both sides have been weighing arrangements that combine Canada’s research ecosystem and talent pipeline with India’s large-scale data capabilities and application-driven innovation. Areas under discussion include healthcare diagnostics, climate modelling, financial services and public-sector digital infrastructure. Officials have emphasised the need for guardrails on data governance, intellectual property and ethical use, reflecting growing global scrutiny of AI deployment.
Trade officials say the March visit, if confirmed as planned, would also provide political momentum to broader commercial ties. Bilateral trade has grown steadily over the past decade but remains below potential, particularly in high-value manufacturing and services. Business groups in both countries have been urging clearer pathways for investment approvals, mobility of skilled professionals and dispute resolution mechanisms to reduce friction for companies operating across jurisdictions.
Salesforce has secured a 10-year contract worth up to $5.6 billion with the United States Army to overhaul the service’s digital infrastructure, embedding cloud computing, advanced data analytics and artificial intelligence across a wide range of defence operations. The Indefinite Delivery Indefinite Quantity agreement, executed through Salesforce’s specialised subsidiary Computable Insights, is intended to unify fragmented data systems, streamline workflows and accelerate decision-making from recruitment and training […]
Questions over whether authorities in Washington now influence what appears on TikTok have gained traction after an agreement allowed the video-sharing platform to keep operating in the United States under new ownership and oversight conditions. Some users have reported posts disappearing or engagement dropping and have linked those changes to the deal, arguing it has opened the door to government-directed censorship. The arrangement that kept TikTok online […]
Arabian Post Staff -Dubai UAE-based conglomerate Al Habtoor Group said on Monday it will pursue legal action against Lebanese authorities to recover about $1.7bn in investments it says were lost during the country’s banking crisis, a move that risks complicating Beirut’s efforts to rebuild confidence among Gulf investors. The group said the losses stem from funds trapped in the Lebanese banking system after the financial meltdown that […]
Arabian Post Staff -Dubai Abu Dhabi–based energy investor XRG is deepening its engagement in one of the world’s largest liquefied natural gas export facilities, moving to acquire an additional equity interest in the Rio Grande LNG project in Texas, industry participants confirmed. The move extends XRG’s ownership beyond its earlier holding and marks a significant step in executing its global gas strategy, signalling confidence in long-term demand […]
AfricAI has secured exclusive continental rights from Micropolis Robotics to commercialise and deploy advanced autonomous robotics platforms across Africa, under a multi-year agreement that industry analysts describe as a pivotal development for robotics infrastructure on the continent. The deal prohibits Micropolis from direct sales or appointing alternative distributors in the territory, establishing AfricAI as the central execution, localisation and go-to-market partner for Micropolis’s robotics systems across industrial, […]
Negotiators from India and the European Union have moved into the final stretch of talks on a long-pending free trade agreement that both sides now describe as a strategic necessity, as uncertainty over United States trade policy reshapes global supply chains and export strategies. Officials involved in the discussions say most market-access chapters are broadly settled, with remaining work focused on sensitive tariff lines, regulatory safeguards and timelines for implementation.
The proposed pact, under negotiation for more than a decade with several pauses, has regained momentum over the past two years as Brussels and New Delhi seek to reduce exposure to external shocks. For the European Union, diversifying trade ties beyond the US and China has become an explicit policy goal. For India, securing preferential access to one of the world’s largest consumer markets offers a counterweight to potential tariff pressures elsewhere.
Trade specialists say the structure of the deal reflects this shared urgency. India is expected to secure phased tariff reductions on a wide range of labour-intensive exports, including textiles, apparel, leather goods, footwear, gems and jewellery, and certain engineering products. These sectors employ millions and are among the most exposed to changes in external demand. Ajay Srivastava, a former trade official, has said that improved access to the EU market would help exporters partly offset the impact of higher duties or restrictive measures imposed by the US on selected product categories.
European manufacturers, in turn, are seeking lower tariffs and clearer rules for automobiles, high-end machinery, wines and spirits, medical devices and chemicals. Current import duties on some of these products remain among the highest faced by EU exporters in major economies. Brussels has also pressed for stronger commitments on intellectual property protection, government procurement and regulatory transparency, areas that have historically slowed progress.
People familiar with the talks say negotiators have narrowed differences on goods tariffs by agreeing to longer transition periods for politically sensitive items, allowing domestic industries time to adjust. Agriculture remains a delicate chapter, with India resisting broad concessions on dairy and certain farm products, while offering limited quotas and safeguards to protect small producers. The EU has signalled flexibility, recognising the social and political weight of agriculture in India’s economy.
Beyond goods, services and investment provisions are central to the pact’s commercial value. India is pushing for easier movement of professionals in information technology, engineering and healthcare, alongside mutual recognition of qualifications. European counterparts are cautious, balancing labour-market concerns with industry demands for skilled talent. Investment protection rules are also under discussion, with both sides aiming to avoid disputes that have characterised earlier bilateral treaties.
Geopolitics has added another layer to the negotiations. Heightened trade frictions involving the US have reinforced the case for dependable partners and rules-based commerce. European policymakers increasingly view India as a key pillar in their Indo-Pacific strategy, while New Delhi sees the EU as a stable market that complements its manufacturing and export ambitions. The alignment is evident in parallel talks on a separate investment protection agreement and a framework for cooperation on sustainable development.
Environmental and labour standards have emerged as important, though contentious, elements. The EU has sought binding commitments linked to climate goals and workers’ rights, consistent with its newer trade agreements. India has pushed back against provisions it views as intrusive or misaligned with domestic development priorities, arguing for cooperation rather than enforcement-driven clauses. Compromise language is being explored to bridge these positions without derailing the broader deal.
Economists note that the scale of potential gains is significant, though uneven across sectors. The EU is already one of India’s largest trading partners, with bilateral goods trade running into tens of billions of euros annually. A comprehensive agreement could lift trade volumes further by lowering costs, improving predictability and encouraging investment flows. Export-oriented clusters in states with strong manufacturing bases are expected to be among the main beneficiaries.
Industry groups on both sides have stepped up engagement, urging negotiators to maintain momentum. Indian exporters highlight the risk of losing market share to competitors that already enjoy preferential access to the EU. European businesses argue that delayed agreement leaves them at a disadvantage in a fast-growing market with rising consumer demand and infrastructure spending.
By Asad Mirza In today’s fractured world, fissures caused mostly by the ongoing Trumpomania, every nation is working post haste to forge new alliances particularly focussed on trade. The best example of this is the India-EU partnership FTA, to be formalized on January 27.. The enhanced partnership is going to eliminate tariffs on more than […]
HONG KONG SAR – Media OutReach Newswire – 26 January 2026 – The 19th Asian Financial Forum (AFF), opened this morning (January 26) at the Hong Kong Convention and Exhibition Centre with more than 3,600 influential leaders from over 60 countries and regions joining the two-day summit, the region’s first major international financial event of 2026.
Co-organised by the Hong Kong Special Administrative Region (HKSAR) Government and the Hong Kong Trade Development Council (HKTDC), this year’s AFF, themed “Co-creating New Horizons Amid an Evolving Landscape”, takes on added significance being the first such event of China’s 15th Five-Year Plan period (2026-2030).
“Featuring more than 150 prominent speakers, from Hong Kong, throughout the Asian region and around the world, the Forum will inspire insight and innovation, create partnerships and explore fresh business opportunities,” John Lee, Chief Executive of the HKSAR, said in his opening remarks at the Forum.
Mr Lee also spoke of the boundless opportunities for Hong Kong under the unique principle of “one country, two systems”, that assures Hong Kong of the unwavering support of China, while continuing to expand its global markets and reach.
“This unparalleled positioning solidifies our institutional strengths: the rule of law, a judiciary that exercises its power independently, an open and transparent market, the free flow of capital and a low and simple tax regime,” Mr Lee said.
Mr Lee later witnessed the signing of a co-operation agreement between the Financial Services and the Treasury Bureau and the Shanghai Gold Exchange, marking a new milestone in deepening co-operation between the gold markets of Hong Kong and Shanghai.
The agreement was signed by the Secretary for Financial Services and the Treasury, Christopher Hui, and the Chairman of the Shanghai Gold Exchange, Yu Wenjian.
“The agreement just now signed is far more than a formal document,” said Mr Hui.
“It represents a resolute commitment to advancing the synergistic development of Hong Kong and Shanghai as premier international financial and gold markets. It reflects our joint determination to deepen the integration and complementary strengths of Hong Kong and Shanghai, so that together we can expand our share and influence in the global gold market, and better support Renminbi internationalisation.”
Mr Hui outlined the strategic significance of the agreement and the overall development blueprint for Hong Kong’s gold market.
“In recent years, amid heightened geopolitical uncertainty, inflationary pressures, and ongoing restructuring of the international monetary system, the strategic importance of gold has become even more pronounced,” Mr Hui said.
The agreement covers two major forward-looking areas of co-operation: establishing a high-level, collaborative governance structure for Hong Kong’s new gold central clearing system; and opening new avenues for physical infrastructure synergy and market interconnectivity.
“The signing of this agreement with the Shanghai Gold Exchange marks the dawn of a new chapter—one in which Hong Kong and Shanghai join forces to shape the future of global gold markets,” Mr Hui said.
A discussion session on gold trading themed “Global Spectrum – Gold Exchange” features expert panelists invited to examine recent market developments and share insights on Hong Kong’s role, potential and opportunity as a world-class gold trading centre. Speakers include overseas experts James Emmett, Chief Executive Officer, MKS PAMP SA and David Tait, Chief Executive Officer, World Gold Council.
Other highlights on day one of the AFF include a keynote luncheon speech by Dr José Manuel Barroso, former President of the European Commission, former Prime Minister of Portugal, and current Chairman of Goldman Sachs International Advisory Board, to share his insights on the current global landscape and macro‑level challenges.
Other notable speakers today include Zou Jiayi, President of Asian Infrastructure Investment Bank; Scott Morris, Vice-President (East and Southeast Asia, and the Pacific) of the Asian Development Bank; Mehmet Şimşek, Minister of Treasury and Finance of Türkiye; Klemen Boštjančič, Deputy Prime Minister and Minister of Finance of Slovenia; H.E. Waleed Saeed Abdul Salam Al Awadhi, Chief Executive Officer of Securities and Commodities Authority of United Arab Emirates; Burkhard Balz, Member of the Executive Board of the Deutsche Bundesbank; Rhee Chang-yong, Governor of the Bank of Korea; and Gokul Laroia, Chief Executive Officer Asia of Morgan Stanley.
The AFF serves as the opening event of the International Financial Week in Hong Kong, featuring over 10 partner activities covering a range of global financial and business topics, including ASEAN opportunities, asset and wealth management, and artificial intelligence.
Mubadala Investment Company has sold its minority holding in Arcadia Consumer Healthcare, completing its exit from the United States-based consumer health and wellness platform alongside the company’s acquisition by funds managed by Bansk Group. The transaction marks a change in ownership for Arcadia and reflects shifting investment strategies across the global consumer health sector, where private equity interest has intensified amid consolidation and portfolio reshaping. Arcadia, headquartered […]
Arabian Post Staff -Dubai Ras Abu Fontas Power, the company behind one of Qatar’s key power and water infrastructure projects, has secured a financing agreement worth about $990 million with the Japan Bank for International Cooperation, strengthening the long-term funding base for the Facility E power and desalination project south of Doha. The JBIC funding represents part of a larger co-financing package totalling approximately $2.97 billion, assembled […]
McLaren Racing has entered a partnership with distributed ledger platform Hedera to roll out free digital collectibles for fans across its Formula One and IndyCar operations, marking a further step by elite motorsport teams into blockchain-backed fan engagement without paywalls. The agreement makes Hedera an official partner of the McLaren Formula 1 Team and Arrow McLaren IndyCar Team, with the collaboration centred on issuing no-cost digital items […]
Microsoft and the Mercedes-AMG PETRONAS Formula One Team have entered a multi-year partnership that places cloud computing and enterprise artificial intelligence at the centre of one of the sport’s most analytics-intensive operations, extending from race-weekend decision-making to long-term car development and factory workflows. The agreement positions Microsoft as the team’s official cloud and AI partner, with Azure, Microsoft Fabric and Copilot technologies set to be woven into […]
Arabian Post Staff -Dubai First Abu Dhabi Bank has been named the Official Banking Partner for the first-ever Open Masters Games to be staged in the Middle East, a move that aligns a leading regional lender with an international sporting event built around lifelong participation, health and social connection. The partnership brings First Abu Dhabi Bank into the inaugural Middle East edition of the Open Masters Games, […]
Arabian Post Staff -Dubai NMK Electronics has unveiled NMK Beyond, a 21,500 sq ft immersive technology hub positioned in Dubai’s urban core, marking a significant expansion of the company’s footprint in professional audio-visual and integrated solutions. The facility is designed to function as a live, hands-on environment where enterprise clients, systems integrators, consultants, educators and content creators can experience end-to-end technology workflows rather than static product displays. […]
Arabian Post Staff -Dubai Russian President Vladimir Putin and envoys of the United States wrapped up around four hours of negotiations in the Kremlin on Thursday night, with Moscow underscoring that any peace settlement to end the war in Ukraine hinges on agreement over territorial control. The talks, which included Steve Witkoff, Jared Kushner and White House adviser Josh Gruenbaum, were described by the Kremlin as […]