Solana’s network activity has moved into new territory, with data compiled by Artemis showing the blockchain generated about $1.1 trillion in total economic activity in the first quarter of 2026, the first time it has crossed the trillion-dollar mark in a single quarter. The figure has drawn attention because it arrived during a broader crypto market pullback, suggesting Solana’s ecosystem remained heavily used even as digital asset […]
Microsoft has given its clearest account yet of how it plans to build the next Xbox, saying the teams that make its games are working alongside the engineers shaping Project Helix, the company’s next-generation console. The approach, outlined by Xbox Chief Content Officer Matt Booty, signals a tighter link between hardware and software as Microsoft tries to define what an Xbox machine should be in a market […]
Britain has begun rolling out a £30 million Games Growth Package, opening a new phase of public support for the video games sector with £28.5 million channelled through the UK Games Fund and a further £1.5 million set aside for the London Games Festival over the next three years. The Department for Culture, Media and Sport said applications to the fund opened on 14 April, with ministers […]
Rockstar Games’ Grand Theft Auto VI is heading towards a 19 November 2026 release, but the loudest conversation around the title this month is not coming from the studio’s official marketing. It is being driven by a new wave of leak claims and online speculation that suggest major changes to the game’s story structure, character dynamics and wider design, even as Rockstar itself has confirmed only a […]
Arabian Post Staff -Dubai Samsung’s next flagship phone range may bring a meaningful storage upgrade, but not across the board, if the latest leak surrounding the Galaxy S27 line proves accurate. Reports circulating on 17 and 18 April say Samsung is considering UFS 5.0 flash storage for higher-end Galaxy S27 variants while leaving the standard models on UFS 4.0, a split that would give premium buyers faster […]
The talks reflected a clear attempt by both governments to give sharper economic content to a relationship that has long been friendly but comparatively understated when measured against each country’s larger Asian and Gulf partnerships. Official statements from Muscat said the two sides reviewed bilateral relations and discussed the growing pace of cooperation in trade and investment, while also exploring tourism and opportunities in diplomatic training. That mix of subjects points to a partnership being built not only around commerce, but also around government-to-government capacity building and softer channels of engagement.
A parallel audience with Sultan Haitham added political weight to the visit. During that meeting, the Thai side expressed appreciation for Oman’s humanitarian cooperation in evacuating the crew of a Thai vessel in the Strait of Hormuz, a detail that underscored how bilateral ties have also been shaped by practical crisis support in a strategically sensitive waterway. Beyond symbolism, such exchanges matter because they build trust at a time when Gulf-Asia relations are being redrawn by energy security concerns, shifting supply chains and the search for new tourism and logistics corridors.
For Oman, the push fits neatly with Vision 2040, the state’s long-term strategy to diversify beyond hydrocarbons by expanding tourism, logistics, manufacturing and foreign investment. For Thailand, the outreach aligns with a wider diplomatic and commercial effort to strengthen links with Gulf economies that can offer energy cooperation, investment capital and access to markets stretching across the Arabian Peninsula and East Africa. The Muscat discussions suggest both sides see room to connect these ambitions in practical sectors rather than leaving the relationship at the level of protocol.
Business engagement has already been gaining momentum. In August 2025, Omani and Thai business leaders held bilateral meetings focused on food security, healthcare, perfumes and cosmetics, showing that commercial interest has been widening beyond headline sectors. Another official report from Oman highlighted agriculture, health and beauty, textiles, food processing and jewellery as promising areas for deeper cooperation. That matters because it shows the latest ministerial meeting did not emerge in isolation; it builds on groundwork already laid by chambers, officials and private-sector representatives looking for sector-specific deals.
Tourism stands out as one of the most immediate areas for expansion. Oman’s diplomatic mission in Thailand lists tourism, education and culture among its key priorities, while the latest ministerial readout in Muscat specifically identified tourism as an area of joint interest. Thailand remains one of Asia’s strongest leisure brands, while Oman has been working to market itself as a premium destination blending heritage, coastline and mountain landscapes with higher-end hospitality. Better institutional coordination, easier travel processes and stronger airline and tour partnerships could all flow from this kind of diplomatic push, particularly as both countries try to capture more affluent long-haul travellers.
The inclusion of diplomatic training in the talks may appear secondary, yet it offers an important clue about how the relationship could evolve. Training cooperation typically creates durable bureaucratic links, shared expertise and more frequent official contact, all of which help sustain commercial and political initiatives over time. In a period marked by regional volatility and growing competition for investment, countries are placing greater value on institutional familiarity and faster communication between ministries, embassies and trade-promotion bodies.
Arabian Post Staff -Dubai Abu Dhabi has moved to expand lower-cost rental housing through a new partnership between the Department of Municipalities and Transport and Aldar, with the two sides planning about 9,000 value housing units across Mohamed Bin Zayed City and Baniyas in a scheme aimed at easing pressure on tenants and broadening access to professionally managed homes. The projects, announced on 17 April, sit within […]
Louvre Abu Dhabi has opened its signature dome to visitors for the first time through a new guided “Architectural Experience”, giving the public access to the museum’s most recognisable feature as it broadens its appeal beyond galleries and exhibitions into design-led cultural tourism. The new 90-minute tour begins this month and runs on Saturdays, with separate time slots for individuals and groups. The move marks a notable […]
Arabian Post Staff -Dubai Oil prices fell sharply on Friday after Iran’s foreign minister said the Strait of Hormuz would remain open to commercial shipping during a ceasefire, easing immediate fears of a prolonged choke on one of the world’s most important energy routes. Brent crude and US West Texas Intermediate both tumbled by more than 11% at one stage of trading, as investors unwound risk premiums […]
International law enforcement agencies have disrupted dozens of websites linked to paid cyberattack services, arrested four suspects and sent warning notices to more than 75,000 alleged users in one of the broadest crackdowns yet on the market for rented distributed denial-of-service attacks. The coordinated effort, announced on April 16, was carried out under Operation PowerOFF and involved authorities from 21 countries targeting so-called “booter” and “stresser” platforms […]
Hackers are probing older TP-Link home routers in an effort to turn them into Mirai-style botnet nodes, using a known command-injection flaw tracked as CVE-2023-33538. Security researchers say the activity targets discontinued router models and appears to be automated, with scanning and exploit attempts designed to fetch and run malware on exposed devices. The flaw itself is genuine and serious, even though some of the attack traffic […]
Search poisoning aimed at users looking for the open-source recovery utility TestDisk is being used to slip a trojanised installer on to Windows machines, abuse a Microsoft-signed binary for DLL sideloading and install ConnectWise ScreenConnect, giving attackers remote access under the cover of a legitimate administration tool. The campaign centres on a rogue site, testdisk. dev, that imitates the branding and download flow of the genuine TestDisk […]
Bluesky suffered a second day of disruption after what the company described as a coordinated distributed denial-of-service attack, leaving many users unable to reliably load feeds, notifications, threads and search results while engineers worked to stabilise the social platform. Bluesky said the trouble began late on April 15 and intensified through April 16, adding that it had found no evidence of unauthorised access to private user data. […]
Netflix is set to roll out a redesigned mobile app by the end of April, adding a vertical video discovery feed that mirrors the swipe-driven format popularised by short-form platforms as the streaming group pushes to make browsing faster and more intuitive on phones. The company disclosed the change in its April 16 shareholder letter, saying the updated mobile experience follows a period of testing and is […]
Arabian Post Staff -Dubai Google is preparing to take its Android XR eyewear effort into luxury fashion through a partnership with Gucci, with Kering chief executive Luca de Meo saying the smart glasses are expected by 2027 rather than this year. The plan gives Google a high-end brand partner as it tries to turn experimental smart eyewear into something consumers will actually wear in public. The […]
AD Ports Group says it has kept operations running normally through the Gulf supply chain disruption that began at the end of February, using its integrated network to reroute cargo across land, rail, sea and air as traffic through the Strait of Hormuz remained severely constrained. The Abu Dhabi-based operator said on April 16 that it had shifted volumes through Fujairah Terminals and Khor Fakkan Port, activated […]
Kingdom Holding Company has agreed to buy a 70% stake in Al Hilal from Saudi Arabia’s Public Investment Fund, in a transaction that marks a new phase in the Kingdom’s football privatisation drive and puts one of the country’s highest-profile clubs under the control of Prince Al Waleed bin Talal’s investment group. The binding agreement, announced on Thursday, values Al Hilal at an implied enterprise value of […]
Arabian Post Staff -Dubai Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan used meetings in Beijing with President Xi Jinping and Premier Li Qiang to push the UAE-China relationship deeper into energy, investment, technology and industrial cooperation, as both sides sought to align long-term economic goals with a more volatile regional backdrop. The visit, which ran from April 12 to April 14, also […]
Arabian Post Staff -Dubai MENA equity issuance fell sharply in the first quarter, with companies raising just $472.9 million from equity and equity-linked deals, a drop of 91% from a year earlier, as regional volatility, weak risk appetite and a thinner pipeline combined to stall activity across primary markets. The quarter produced only five transactions, according to LSEG’s MENA Investment Banking Review for the first three months […]
Alarm over the Strait of Hormuz is spilling far beyond the Gulf, sharpening attention on the Malacca Strait near Singapore as traders, shipowners and Asian governments weigh what a prolonged disruption in West Asian energy flows could mean for the region’s busiest maritime corridor. The immediate military confrontation is centred on Hormuz, where Iran has tightened restrictions and the United States has imposed a blockade on Iranian […]
Arabian Post Staff -Dubai Sequoia Capital has raised about $7 billion for a new fund, giving one of Silicon Valley’s best-known venture firms fresh firepower to back its largest and most expensive bets, especially in artificial intelligence, according to people familiar with the discussions. The fundraising marks the first major capital raise under the firm’s newer leadership era and arrives as investor appetite has swung sharply toward […]
Yoong had been one of the named leaders on UBS Global Wealth Management’s Indonesia market structure unveiled after the Credit Suisse integration. In that 2023 reorganisation, Conrad Huber was appointed head of Global Wealth Management Indonesia and Japan International, with Lionel Yoong listed among the Indonesia market team leaders. That structure reflected how central the Indonesia book had become to UBS’s Southeast Asia wealth ambitions, particularly from Singapore, a long-established hub for serving affluent Indonesian clients offshore.
The latest exit follows earlier turnover in the same coverage area. Industry publication Hubbis reported in July 2025 that two Singapore-based bankers focused on Indonesia, Lionel Poh and Edy Panggabean, were set to leave UBS Global Wealth Management, describing the departures as part of ongoing restructuring within the Indonesian market team. That report said UBS declined to comment at the time and noted that both bankers specialised in the Indonesia market, underscoring how staff churn has persisted well after the initial merger phase.
Additional reporting circulating on Friday indicated that Yoong was the third market head for Indonesia to leave UBS since the beginning of last year. While Bloomberg’s full report was not accessible through the browsing tool, that detail appeared consistently in syndicated summaries of the story, aligning with the pattern already visible from prior trade reporting on the unit. The broad direction is clear even if some specifics around internal timing remain private: UBS is still contending with personnel changes in a business line that sits at the intersection of Southeast Asian entrepreneurial wealth and Singapore’s offshore private banking market.
That matters because Indonesia has long been one of the more attractive yet more delicate pools of wealth in the region. Reuters Breakingviews wrote in 2023 that Credit Suisse had been particularly strong in Indonesia and neighbouring countries before the rescue takeover by UBS. Reuters also reported that Southeast Asia was among the regions where UBS and Credit Suisse had some of their greatest overlaps in wealth management and investment banking after the emergency deal in March 2023. Those overlaps made departures and selective restructuring all but inevitable as UBS sought to fold rival teams, cut duplication and keep high-value client relationships intact.
UBS’s challenge is not simply to stop people leaving. It is to do so while preserving momentum in an Asian wealth market that remains strategically important to the group. Chief executive Sergio Ermotti said in March 2024 that UBS planned to increase assets sourced from clients in Asia by 20% over five to six years, highlighting wealth and asset management as a core pillar of growth. That ambition helps explain why departures from specialised country teams are watched closely by rivals and recruiters: in private banking, senior relationship managers often carry client loyalty, local networks and revenue visibility that are not easily replaced.
At the same time, UBS has signalled that it is willing to invest where it sees stronger near-term return. Bloomberg reported in February that the bank planned to hire about 50 bankers for its Hong Kong wealth business after record revenue in North Asia, with a greater focus on high-net-worth clients. That hiring drive suggests the group is not retreating from Asian wealth management as a whole. Rather, it appears to be recalibrating where resources are deployed, even as parts of Southeast Asia continue to absorb the after-effects of the Credit Suisse acquisition.
There is also a broader industry angle. Asian Private Banker wrote this month that the region’s private banking sector saw a spike in exits over the past month as hiring slowed in March, a reminder that movement among senior bankers is not confined to UBS. Still, turnover draws sharper scrutiny when it affects a market as valuable as Indonesia, where wealthy entrepreneurial families often require cross-border booking, succession planning and sophisticated capital-markets access. Singapore remains a key booking centre for that business, so departures there can reverberate beyond one desk or one reporting line.
Cookeville Regional Medical Center has begun notifying 337,917 people that personal and medical information was exposed after a ransomware attack discovered on 14 July 2025, a breach that has taken about nine months to fully assess and disclose at scale. The Tennessee hospital said an unauthorised third party accessed or acquired files between 11 July and 14 July 2025, with the compromised data varying by individual and […]
Nissan’s vehicle sales across the Middle East fell sharply in March as the war centred on Iran hit consumer demand, disrupted travel and darkened business sentiment across one of the carmaker’s stronger overseas markets. A report published on April 15 said Nissan’s sales in the region dropped to about half of pre-war levels, while overall regional sales were down 40 per cent for the month, according to […]
