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Arabian Post Staff -Dubai Nirvana Travel & Tourism has entered into a partnership with Liwa University in Abu Dhabi, marking a significant step in the expansion of educational opportunities. The Memorandum of Understanding, signed between the two entities, is aimed at fostering collaboration that will strengthen the local community’s access to high-quality education, bridging gaps in the tourism and educational sectors. The agreement outlines a shared commitment […]

GITEX, the iconic technology and innovation expo, is broadening its footprint by expanding into Vietnam, heralding a new chapter for the Southeast Asian nation’s burgeoning digital economy. With the event’s successful history in the Middle East and Asia, this expansion signals a strong shift towards positioning Vietnam as a central player in the global digital arena. The launch aligns with Vietnam’s ambitious vision to develop a digital economy worth over $200 billion by 2030, driven by the country’s evolving tech ecosystem, government-backed initiatives, and an increasingly connected population.

GITEX Vietnam, set to take place in Hanoi, is expected to be a major catalyst for the nation’s digital transformation. The expo, known for showcasing the latest advancements in AI, cloud computing, cybersecurity, and smart technologies, will provide a platform for global tech giants and local startups to foster collaboration. This shift not only promises to boost local innovation but also offers international companies the opportunity to tap into Vietnam’s rapidly growing market. The country’s young, tech-savvy population and expanding digital infrastructure make it an ideal destination for the event, underscoring the symbiotic relationship between GITEX’s global platform and Vietnam’s digital future.

The expansion into Vietnam is a testament to GITEX’s strategic move to capture the rising tide of digitalisation across Southeast Asia. According to industry analysts, Vietnam’s digital economy is one of the fastest-growing in the region. With the government’s commitment to building a robust digital infrastructure, the country aims to integrate digital solutions across key sectors, including healthcare, education, logistics, and manufacturing. This government push is expected to further accelerate innovation in AI and blockchain technologies, sectors where Vietnam has begun to make notable strides.

One of the main drivers behind Vietnam’s digital economy ambitions is the government’s Digital Transformation Program, which aims to equip businesses and individuals with the tools to thrive in the new digital world. As part of this initiative, the Vietnamese government has pledged to support local startups and foster an environment conducive to technological advancements. Public-private partnerships are expected to play a pivotal role in bridging the gap between government policy and the commercial sector, ensuring that both infrastructure and innovation go hand in hand.

GITEX’s involvement in this transformation is poised to elevate Vietnam’s digital capabilities on the global stage. By offering a comprehensive view of the latest trends, technologies, and business solutions, the event will expose Vietnamese enterprises to the tools and insights needed to enhance productivity, efficiency, and innovation. As part of the expansion, Vietnam’s homegrown tech companies will also be able to showcase their capabilities, fostering collaboration with global leaders in digital technologies.

The 2025 edition of GITEX Vietnam will feature a broad spectrum of sectors, including digital health, fintech, artificial intelligence, and cybersecurity. These areas align closely with the country’s vision to modernise key industries and improve overall living standards through technology. AI, for instance, is expected to play a crucial role in enhancing Vietnam’s manufacturing sector, enabling greater automation and precision in production. Additionally, fintech’s rise in Vietnam promises to boost financial inclusion by offering innovative solutions to underserved populations, with digital payments and mobile banking expanding rapidly in urban and rural areas alike.

The growing momentum of GITEX in Southeast Asia is evident through its ongoing success in regions like the UAE, India, and Saudi Arabia, where it has served as a crucial platform for digital transformation discussions. The move into Vietnam further strengthens its position as a global tech hub, providing valuable opportunities for cross-border collaboration. Vietnamese companies, eager to expand their reach, will benefit immensely from the international exposure GITEX provides, potentially paving the way for future partnerships, investments, and technological breakthroughs.

Griffin Gaming Partners has acquired the mobile-publishing arm of Playdigious from Fragbite Group for €10.5 million, with Fragbite retaining rights to 90 per cent of net revenue from Playdigious’s PC titles. The transaction is structured on a cash-and-debt-free basis, according to company statements. The acquisition hands Griffin control over Playdigious’s mobile licensing and porting operations, while Fragbite maintains a financial stake in its PC-focused publishing arm, Playdigious […]

Sub-Saharan Africa’s gross domestic product is now projected to grow by about 3.8 percent in 2025, up from 3.5 percent in 2024, as inflation moderates and foreign exchange markets stabilise across many nations. The updated outlook emerges from the latest “Africa’s Pulse” report by the World Bank, which highlights a more favourable macroeconomic backdrop enabling central banks to ease policy constraints and stimulating consumption and investment. The […]

The RNTrust Group is set to roll out its digital-trust architecture under the banner “Infinite Trust” at GITEX Global 2025 in Dubai. The offering is built around three flagship technology pillars—BOAT orchestration, cyber-intelligence, and stratum-level time synchronisation—aimed at solving friction points faced by large enterprises operating across complex, digital ecosystems.

At the core of the strategy is Coopera BOAT, RNTrust’s enterprise orchestration and automation engine, which integrates bots, APIs, microservices, content, case-management, and AI agents under a unified platform. The company positions BOAT as a successor to legacy BPM and ECM systems, enabling long-running and cross-domain workflows across IT and business domains. Integrated AI and generative flows help with decision intelligence and unstructured data extraction. RNTrust claims the platform aligns with market forecasts that predict the orchestration market will expand markedly in the coming years.

Complementing BOAT is ThreatLeap, a cyber threat intelligence and compliance platform operating 24/7 to scan external attack surfaces, detect leaks, misconfigurations, phishing domains and advanced threats, and flag compliance gaps across regulations such as NIS2, DORA, GDPR and PCI-DSS. The system is portrayed as proactive, intended to reduce risk exposure rather than simply respond to incidents.

Lastly, the group is spotlighting StratumOne, a time-synchronisation solution leveraging GNSS signals, atomic clocks and precision engineering to deliver nanosecond-level accuracy. Target sectors include finance, telecoms, 5G networks and critical infrastructure where time precision is essential.

RNTrust leadership will host product demos and discussions at the Novotel World Trade Centre during the expo, targeting CIOs, CISOs, system integrators and partner firms. The platform claims deployments and partnerships across the GCC, Europe and the U. S., drawing on R&D centres in Southeast Europe, Italy and the UAE.

The company frames “Infinite Trust” as a unification strategy—bringing orchestration, security and timing coherence into a cohesive architecture that can scale across diverse enterprise landscapes. This positioning aims to appeal to large organisations wrestling with digital transformation, hybrid workloads, compliance burdens and the growing attack surface of distributed systems.

Market watchers note that digital trust is becoming a key battleground for software and cybersecurity vendors. The integration of orchestration and security is a direction echoed by peers embedding zero-trust and AI decision engines into automation platforms. The time-sync component adds a niche yet strategic dimension, tapping into sectors where precision timing is a regulatory and technical requirement.

Celebrating Thai Culture and Soft Power on the Global Stage While Highlighting the Success of Korea’s Clean Energy Transformation BANGKOK, THAILAND – Media OutReach Newswire – 9 October 2025 – B.Grimm Power, a leading global energy producer, proudly announced its successful role as the main sponsor of the “Sawasdee Seoul Thai Festival 2025,” a vibrant celebration of Thai culture held in Seoul, South Korea. The festival highlighted […]

JAKARTA, INDONESIA – Media OutReach Newswire – 9 October 2025 – PT Bank Amar Indonesia Tbk. (“Amar Bank”, IDX: AMAR), a pioneer in digital banking serving the retail and MSME segments, today announces that SBI Holdings, Inc. (“SBI Holdings”, TYO:8473), a leading Japanese financial services conglomerate, has taken a stake in Amar Bank. Following this transaction, SBI Holdings now holds more than 5% of Amar Bank’s shares, […]

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A Singapore High Court hearing is scheduled on 13 October 2025 to consider WazirX’s proposed Scheme of Arrangement, marking a pivotal moment in the embattled crypto exchange’s restructuring efforts. The court will hear further arguments on HC/SUM 940/2025, a case central to the platform’s ability to repay creditors and revive operations.

The hearing follows a tumultuous legal process. In June 2025, the court declined to sanction the original scheme submitted by Zettai Technologies, WazirX’s parent entity, citing structural concerns and ambiguities in how the proposal would address creditor claims. Zettai responded by seeking an opportunity for further arguments. The court acceded to that request, setting the stage for the October proceedings.

Prior to this hearing, the court has directed both Zettai and opposing parties to submit additional written submissions. Zettai filed on 26 September 2025, and the court issued further directions on 29 September requiring clarifications by 3 October 2025. Until now, no hearing date had been formally fixed.

The background to this process dates to July 2024, when WazirX suffered a cyberattack resulting in the loss of roughly $235 million. Nearly 16 million users were affected, with withdrawals and trading suspended indefinitely. The attack was widely attributed to North Korea’s Lazarus Group.

In January 2025, the Singapore High Court allowed users to vote on a restructuring plan. The vote concluded in March, with approximately 93.1% of users endorsing the scheme. However, in May, the court declined to give the scheme its sanction, stating the proposal failed to meet the required legal standards and flagged concerns over compliance with evolving Singapore regulations. Zettai was then directed to revise the scheme and conduct a revote.

In July 2025, after further oral arguments before the court, the original June decision was set aside and a revote was permitted to consider an amended Scheme. The court also extended the moratorium until 16 September 2025. Zettai responded by preparing an updated Scheme and explanatory statement, organising a town hall for creditors, and initiating a refreshed vote.

Analysts observe that the October hearing is likely to be decisive. If the court approves the amended plan, the process could move quickly toward fund distribution, theoretically within ten business days of the effective date. Should the court require further modifications or reject the proposal, the process could be delayed significantly, potentially pushing payouts into late 2025 or beyond.

Critically, the court has scrutinised how Indian law provisions intersect with its jurisdiction. Much of WazirX’s user base resides in India, prompting concerns about cross-border legal compliance and enforceability of creditor rights. By demanding detailed supplementary submissions, the court signals caution in approving a scheme that might expose it to legal vulnerabilities.

Creditors and industry watchers remain under strain, facing uncertainty over when and whether they will receive recovered funds. Many users have awaited payouts for more than a year, and confidence in centralised exchanges has been tested further by this case.

Google has broadened the reach of its Opal AI-powered app builder, enabling users in 15 additional countries to create mini web apps using text prompts and visual workflows. The expansion comes with performance upgrades and improved debugging tools to support more complex, no-code app development. Opal now operates in Canada, India, Japan, South Korea, Vietnam, Indonesia, Brazil, Singapore, Colombia, El Salvador, Costa Rica, Panama, Honduras, Argentina and […]

The Internal Revenue Service announced plans to furlough almost half its employees as the U. S. government shutdown extends past its initial contingency period. The move signals a drastic scaling back of tax-collection operations and invites legal scrutiny over potential permanent layoffs. Under the updated contingency plan, around 39,870 IRS staffers—roughly 53.6 per cent of its workforce—will continue to work, while the remainder will be placed on […]

Nvidia CEO Jensen Huang dismissed assertions that the artificial intelligence boom is mirroring the dot-com bubble, saying the current momentum rests on strong fundamentals rather than speculation. He defended Nvidia’s recent investments in AI startups and pitched infrastructure build-out as the engine sustaining growth. During a wide-ranging interview on CNBC, Huang stated that what differentiates today’s environment from the dot-com era is the depth of demand: global […]

SINGAPORE – Media OutReach Newswire – 8 October 2025 – Food Japan 2025, ASEAN’s premier exhibition for Japanese food and beverage (F&B) products, technology, and services, opened today for its 13th edition. The event continues to serve as a vital platform for celebrating Japan’s culinary heritage, spotlighting cutting-edge innovations, and fostering business partnerships across the region. This year, 153 exhibitors from 35 prefectures and Singapore are participating, […]

Demand for Regulated Forex Brokers Grows for UAE Investors Trade247, a broker firm based in Dubai and regulated by the UAE’s Securities and Commodities Authority as well as the Financial Services Commission of Mauritius, has introduced its technology geared towards what it calls “complete multi-asset trading,” which covers forex, equities, indices, commodities, precious metals, energy products, and digital currencies, in which they identify the current trend of […]

Google DeepMind has made public a new AI model, Gemini 2.5 Computer Use, capable of interacting with web and mobile user interfaces by mimicking human actions such as clicking, typing and scrolling. The model is now available in preview through the Gemini API, via Google AI Studio and Vertex AI, allowing developers to build agents that can directly operate interfaces otherwise inaccessible via backend APIs. The model […]

CleanCore Solutions announced it has accrued over 710 million Dogecoin tokens in its treasury, yielding more than US$20 million in unrealised gains as it edges toward a one-billion token target.

The Omaha-based company launched its Dogecoin treasury programme on 5 September, using proceeds from a US$175 million private placement to make phased acquisitions. The holding is backed by the Dogecoin Foundation and coordinated through its corporate arm, House of Doge.

At a trading price near US$0.245 per DOGE, CleanCore values its holdings at roughly US$173.9 million, leaving a buffer over its capital outlay after marking the gains.

Chief Executive Officer Clayton Adams described the strategy as aligned with “long-term vision of insiders and the House of Doge,” emphasising that the company is not just stacking DOGE but is seeking to expand its utility and maintain disciplined treasury management.

CleanCore says it maintains sufficient cash reserves to continue its accumulation efforts. It has forged a strategic alliance with Bitstamp by Robinhood to serve as the primary trading venue for its Dogecoin operations.

On the markets, shares of CleanCore fell 8.44 per cent to close at US$2.06, before a modest rebound of 1.46 per cent in after-hours trade.

Some analysts question the relevance of mNAV metrics for companies pursuing large crypto treasuries. Greg Cipolaro of NYDIG has argued that mNAV may neglect operational businesses beyond token holdings and may not properly account for convertible instruments.

Standard Chartered has cautioned that smaller firms with aggressive crypto treasury strategies could face overexposure pressures if market volatility intensifies, predicting that consolidation may occur among weaker players.

CleanCore continues to monitor short interest in its stock while working with the SEC to register shares issued under its private placement. The company also underscores that restricted and locked shares are held by insiders, the House of Doge, and affiliates.

Riyadh — DataVolt, in partnership with the Energy & Water Academy and Innovatics, has inaugurated the Kingdom’s first industry-integrated National Diploma in Data Science and AI, embedding real-world projects into foundational training for Saudi talent. The diploma carries full approval from the Technical and Vocational Training Corporation and College of Excellence, and is granted endorsement by the Ministry of Communications and Information Technology alongside support from the […]

Greenlogue/AP Mubadala Energy achieved a 36.5 per cent drop in its Scope 1 and 2 greenhouse gas emissions in 2024, the company’s newly published Sustainability Report reveals, underscoring the firm’s accelerating role in the energy transition. The decline was complemented by a sharp 55 per cent fall in emissions intensity, from 15.57 to 6.95 tonnes CO₂e per kilo barrel of oil equivalent. Emissions from flared gas fell […]

Over 200 films from 40 countries light up Bangkok until October 15 BANGKOK, THAILAND – Media OutReach Newswire – 8 October 2025 – The Bangkok International Film Festival (BKKIFF) has returned in spectacular form, transforming the Thai capital into a global stage for cinema and culture. Running from September 27 to October 15, 2025, the 19-day festival is now in full swing, already drawing packed audiences, international […]

The mobile app-based Chronic Disease Management Programme (CDMP) provides expert coaching and personalised resources to encourage healthier lifestyle changes, complementing Healthier SG and expanding the insurer’s comprehensive suite of healthcare solutions SINGAPORE – Media OutReach Newswire – 8 October 2025 – AIA Singapore and Amplify Health today announced the launch of a Chronic Disease Management Programme (CDMP), which leverages technology and multi-disciplinary health expertise to help Singaporeans […]

The Central Bank of Kenya reduced its benchmark lending rate by 25 basis points today, bringing it down to 9.25 per cent, in its eighth consecutive cut as consumer inflation remains firmly within allowable limits. The move comes as Kenya’s inflation for September stood at 4.6 per cent year-on-year, slightly up from 4.5 per cent in August, but still well inside the central bank’s target band of […]

HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 7 October 2025 – Vinpearl Golf Léman, a 36-hole course with a distinctive design and comprehensive 5-star facilities, has officially opened in Củ Chi, on the outskirts of Ho Chi Minh City. The launch represents a new step in Vinpearl Golf’s development of international-standard courses and introduces a destination where the golf community can meet, compete, and […]

The Co-Hosted With The World Economic Forum, The Summit Is Set To Launch Regional Initiatives on Sustainable and Safe AI and the Transitioning Industrial Cluster KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 7 October 2025 – The Malaysia Centre for the Fourth Industrial Revolution (MYCentre4IR) together with the World Economic Forum (WEF) will co-host the Powering the Intelligent Age: Driving Innovation with Southeast Asia and Beyond […]

Goldman Sachs has launched a new office in Kuwait, asserting a significant push to enhance its reach across the Middle East and deepen its ties with Gulf-region clients under fresh leadership.

The New York-based investment bank said its role over five decades in Kuwait spans investment banking, capital markets and asset management. As part of its latest expansion, Goldman has tapped Mohammad Almatrouk as managing director of the Kuwait office, pending regulatory green light, while Fahad Alebrahim has been appointed managing director of the firm’s private wealth business in Kuwait.

David Solomon, Goldman Sachs’s Chairman and Chief Executive, framed the move as a commitment to “grow our capabilities across the Middle East and better serve our clients,” emphasising Kuwait’s economic vision as a catalyst for the firm’s expansion.

Goldman Sachs points to a long-standing capacity-building partnership in Kuwait that includes a professional training scheme designed to nurture talent at institutions such as the Kuwait Investment Authority, the Public Institution for Social Security and the Kuwait Fund. That programme, the bank says, will continue to play a central role in integrating local human capital into its global operations.

The choice of Kuwait underscores a growing focus on the Gulf’s institutional capital. Kuwait, host to one of the world’s largest sovereign wealth funds, has attracted global financial firms looking to align with its diversification and investment ambitions. Goldman Sachs’s decision follows earlier regional expansions, such as establishing a presence in Abu Dhabi and securing a banking licence in Saudi Arabia.

Kuwait’s Director General of the Direct Investment Promotion Authority, Sheikh Dr. Meshaal Jaber Al-Ahmad Al-Sabah, praised the move as aligned with Kuwait’s economic diversification and global integration goals. He stressed that opening the office supports national priorities including talent development and sustainable growth.

Regional analysts view Goldman’s Kuwait office as part of a broader recalibration by global banks to embed themselves closer to Gulf capital sources. Over the past two years, deal activity in sovereign and quasi-sovereign asset structures has exploded, prompting major firms including Lazard, JPMorgan and Deutsche Bank to expand in the Gulf with new leadership hires.

Inside Goldman Sachs, the timeline coincides with a leadership transition: the firm’s co-head for the Middle East and North Africa, Fadi Abuali, is slated to retire after nearly 28 years of service. His departure is expected to reshape the firm’s regional hierarchy just as Kuwait becomes a new hub.

Some observers caution the move carries execution challenges. Regulatory approvals in Kuwait must be secured, and Goldman must integrate the new office into its broader Gulf operations without duplicating functions. Success will depend on maintaining local relationships while delivering global platform advantages.

BERLIN, GERMANY – Media OutReach Newswire – 7 October 2025 – COOFANDY FALL Prime Day is here — a two-day event running from October 7 to 8 that brings this season’s most versatile menswear to the forefront at practical prices. As temperatures begin to drop, now is the ideal time to prepare the wardrobe with dependable, well-made clothing that delivers both comfort and function. This campaign centers […]

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