A federal judge has ordered a high-stakes remedies hearing to begin this week in the case United States v. Google LLC, where Google was found to hold an illegal monopoly in key segments of the digital advertising technology market. The court declared that Google unlawfully monopolised the open-web display publisher ad server and ad exchange markets, tying its publisher ad server to its ad exchange in ways […]
Flydubai began service to Iași in Romania with twice-weekly flights, making it the first carrier from the United Arab Emirates to connect Dubai directly with Romania’s cultural capital of Moldavia. The new route operates on Tuesdays and Fridays between Dubai International’s Terminal 2 and Iași International Airport.
The airline is also scaling up its operations to Bucharest, moving from three weekly flights to three daily services, which will bring the weekly frequency between Dubai and the Romanian capital to 21 flights.
Flydubai has placed Iași as its second Romanian destination, following Bucharest, and has already expanded into the neighbouring region with the launch of flights to Chișinău in Moldova. Further expansion for Europe includes planned routes to Vilnius and Riga later in the year.
Jeyhun Efendi, Divisional Senior Vice President of Commercial Operations and E-commerce at Flydubai, said growth in Romania has averaged about 16 per cent annually on the Bucharest route since flights launched in 2012. He expressed confidence that the new Iași service and increased frequency to Bucharest will offer passengers more convenience and opportunities for both cultural and business travel.
Romeo Vatră, General Manager of Iași Airport, described the route’s inauguration as a “significant milestone”, noting that Iași becomes the only airport in the Moldova region with a direct link to the United Arab Emirates.
Fare details were published: return fares in Business Class from Dubai to Iași start from AED 8,000, while in Economy Lite they begin at AED 1,600. In the reverse direction, prices start at EUR 2,000 and EUR 380 respectively.
Alec Holdings is set to list about 20% of its shares in an initial public offering on the Dubai Financial Market, while Binghatti Holding is preparing for a possible IPO, as both seek to harness surging demand in Dubai’s real estate sector. These moves reflect growing confidence among developers and investors in a rapidly expanding market. Alec, wholly owned by the Investment Corporation of Dubai, will offer […]
Sharjah has posted a striking upturn in foreign direct investment capital in the first half of 2025, attracting $1.5 billion, a leap of 361 percent compared to $325 million in the same period last year. The emirate also saw the launch of 74 new projects—57 percent more than in H1 2024—and generated 2,578 new jobs, an increase of 45 percent. The gains are concentrated in four sectors: […]
Fashion Walk exhibition commemorates the Company’s enduring legacy in Causeway Bay HONG KONG SAR & SHANGHAI, CHINA – Media OutReach Newswire – 19 September 2025 – Hang Lung Properties Limited (SEHK stock code: 00101) (the “Company” or “Hang Lung”) announced the launch of “Throwback Causeway Days,” a curated streetscape exhibition celebrating the Company’s 65th Anniversary at Fashion Walk in Causeway Bay. Since its founding on September 13, […]
NANNING, CHINA – Media OutReach Newswire – 19 September 2025 – On September 17, the 22nd China-ASEAN Expo and China-ASEAN Business and Investment Summit opened in Nanning, Guangxi. The theme of this year’s expo and summit is “Digital Intelligence and Innovation empower Development – Leveraging ASEAN-China FTA 3.0 new opportunities for an even closer ASEAN-China community with a shared future,” attended by Chinese and foreign leaders, government […]
Leaders Donald Trump and Xi Jinping are scheduled to hold a phone call on Friday that may finalise a framework deal governing TikTok’s operations in the United States, even as tensions over tariffs and semiconductors sharpen. Senior U. S. and Chinese officials have indicated agreement on a deal which would transfer ownership or control of TikTok’s U. S. assets to American entities, meeting U. S. national security […]
The new connectivity will enable AD Ports to introduce advanced tools such as real-time vessel tracking, predictive maintenance, dynamic route optimisation and automated cargo tracking. At sea, such applications are expected to aid smarter voyage planning, improved fuel efficiency and heightened safety monitoring—capabilities previously constrained by intermittent connections or high latency.
On land, the LEO backbone will support terminal operations by ensuring resilient communication even in remote or critical locations. It is set to enhance cargo monitoring, streamline emergency response coordination and boost business continuity during high-demand operations or network disruptions. Integration with existing Internet of Things sensors, smart port platforms and artificial intelligence analytics will underpin these improvements.
Mohamed Jamal-Eddine, Chief Information Officer at AD Ports Group, stated that this step lays the foundation for “a smart, resilient infrastructure” capable of supporting continuous operations even under challenging conditions. He emphasised that connectivity is not solely about speed but about enabling constant visibility and control across the supply chain.
Importantly, the rollout aims to deliver operational savings. With enhanced connectivity, the company expects reductions in fuel consumption via optimised routing, lower maintenance costs due to predictive modelling, and fewer delays linked to communication failures. These gains form part of a broader agenda of digital transformation already underway at AD Ports, which includes smart port platforms and integrated supply chain systems.
While the service providers involved remain unnamed, the agreements point to AD Ports Group’s strategy to secure multiple vendor relationships to ensure redundancy and avoid single points of failure. The phased model also allows for company-led pilots on select vessels before full fleet implementation.
Analysts observing maritime and logistics industries interpret this move as part of a larger trend: ports and shipping companies are increasingly adopting LEO and other satellite-based technologies to overcome gaps in connectivity, particularly in less accessible sea routes and remote terminal locations. Such capabilities are seen as essential for the adoption of automation, green technologies, and stringent environmental regulations requiring greater transparency in operations.
HONG KONG SAR – Media OutReach Newswire – 18 September 2025 – Hong Kong’s Chief Executive, John Lee, in his 2025 Policy Address announced yesterday (September 17) set out a range of measures to diversify Hong Kong’s economy and reinforce the city’s status as an international hub for business, investment and new industrialisation. “Backed by strong national support and a high degree of global connectivity, Hong Kong […]
Trusted by Municipalities in Japan, Tackling Water Infrastructure Challenges Globally TOKYO, JAPAN – Media OutReach Newswire – 18 September 2025 – Tenchijin Inc., a space-tech innovator transforming sustainable water infrastructure management, announced today that “KnoWaterleak,” a water leakage assessment and management system, has surpassed 50 cumulative municipal contracts. KnoWaterleak Achieves Cumulative Milestone of 50 Municipal Contracts in Japan The milestone demonstrates accelerating market adoption, with contract numbers […]
Abu Dhabi has become the newest member of a 14-country initiative called the Future of Investment and Trade Partnership, a coalition committed to defending “open and free” trade in response to rising global protectionism. The partnership, unveiled with a joint declaration, seeks to tackle barriers that impede cross-border commerce, amplify foreign direct investment, and ensure that trade rules are inclusive and transparent. Its launch reflects growing concern […]
/India Press Agency/
By Nitya Chakraborty Prime Minister Narendra Modi has stepped into his 75th year on Wednesday, September 17.His birthday is being celebrated by the BJP nationally. The significance is much more as PM’s 75th birthday celebrations have coincided with the centenary programmes on the founding of the RSS in 1925.On October 2 this year, Vijaya Dasami […]
The article Decoding Prime Minister Narendra Modi As A Political Leader On His 75th Birthday appeared first on Latest India news, analysis and reports on IPA Newspack.
Adamu Aliyu, a member of the Plateau State House of Assembly, handed himself over to the Independent Corrupt Practices and Other Related Offences Commission in Abuja, after a Federal High Court issued a declaration that he was wanted on charges arising from contract fraud allegations. Justice Emeka Nwite made the order on ICPC’s request after investigators said Aliyu failed to respond to repeated summonses. Court documents show […]
The visit showcased Hong Kong’s appeal as a launchpad for global talent and startups to the winners of a pitch competition hosted by Hong Kong Talent Engage in partnership with Germany’s Young Founders Network HONG KONG SAR – Media OutReach Newswire – 17 September 2025 – Twelve outstanding young innovation and technology (I&T) talents and six organisers from Germany completed an intensive five-day trip to Hong Kong […]
Prosus NV has raised its holding in Urban Company Ltd to 7.35 per cent, after acquiring roughly an additional 4 percentage points by investing about $139 million, ahead of the home services startup’s Initial Public Offering. This move positions Prosus as one of Urban Company’s largest shareholders and signals strong institutional faith in the firm’s prospects.
Urban Company’s IPO drew overwhelming demand — it was subscribed over 103 times — and its shares listed at a premium of about 57.5 per cent over the issue price on the National Stock Exchange, opening at ₹162.25 versus the ₹103 issue price. The listing surged the company’s market valuation to nearly $2.8 billion.
According to Ashutosh Sharma, head of Prosus India Ecosystem, the firm increased its stake during the IPO allotment. Prosus first backed Urban Company in 2021; this latest acquisition underscores its continued appetite for stakes in Indian startups with domestic consumer and service-led business models.
Urban Company, founded in 2014 by Abhiraj Singh Bhal, Varun Khaitan, and Raghav Chandra, operates across home services such as beauty, cleaning, appliance repair and plumbing. It has expanded into over 50 cities in India and also operates in international markets including UAE and Singapore. The company reported strong financial performance in its fiscal year ending 2025, with revenue growth of around 36 per cent year-on-year and its first net profit of approximately ₹239–₹240 crore.
Investor enthusiasm was evident in the IPO process. Qualified Institutional Buyers led the subscription with particularly strong bids. The grey market premium, which reflects expectations ahead of listing, had risen to over 50 per cent above the issue price, signalling investor confidence in an upward listing trajectory.
Prosus’s move comes amid a broader trend of institutional investors increasing their exposure to Indian startups ahead of IPOs, particularly those in consumer-facing, service-oriented sectors. Earlier urban and tech-led listings have attracted robust demand, and IPOs that show solid unit economics—strong margins, revenue growth, steps toward profit—are being favoured by capital.
Urban Company’s stock market debut saw a steep rise: the shares not only opened with a 57.5 per cent premium on NSE, but trading surged further, reflecting both investor optimism and perceived underpricing in its IPO offer.
Prosus, headquartered in the Netherlands and known for its early stake in Tencent Holdings, has invested over $8-9 billion in the Indian startup ecosystem. It has backed firms such as Swiggy, Meesho, and PayU. Its amplified investment in Urban Company exemplifies a strategy of anchoring bets on firms that combine growth potential with improving financial metrics.
Matein Khalid Mauritius, an island archipelago state in the Indian ocean, has long maintained extensive economic and cultural ties with the GCC. Thanks to tax treaties with India, Mauritius is a favourite domicile for wealthy Indian expatriate residents of the UAE and Saudi Arabia. GCC citizens and residents are prominent investors in some of Africa’s most expensive luxury beach resorts located in the island nation, where property […]
On a global scale, the Gulf might not be the gambling hotbed we see in North America and Europe. However, it is a growing market in an area of the world where there is plenty of investment and capital. Obtaining and maintaining trust in any industry is tricky, but in the world of casino gaming, where there’s an international market, multiple cyberthreats and dozens of operators looking […]
SINGAPORE – Media OutReach Newswire – 17 September 2025 – The National University of Singapore (NUS) Business School’s Master of Business Administration (MBA) is ranked first in Asia for the third year in a row in the Quacquarelli Symonds (QS) Global MBA Rankings 2026. The NUS MBA programme rose two places to 23rd worldwide, achieving its highest-ever global position in an evaluation pool that expanded by almost […]
Henk Diepbrink never set out to follow the path laid before him. Growing up in the Netherlands in a family that had little, he was told more than once that poverty was a destiny. Where these words may be the truth for others, it was not for Henk. For him, it became his fuel. Entrepreneurship His first serious step into adulthood came in uniform. As a police officer […]
AIA Live Better Study highlights a critical gap between retirement aspirations and readiness, with social connections emerging as an unsung hero for a fulfilling later life. SINGAPORE – Media OutReach Newswire – 17 September 2025 – AIA Singapore today announced findings from the eighth edition of the AIA Live Better Study, which reflects the evolution of mindsets where retirement in Singapore is being perceived as a new […]
Johannesburg – MTN Group has moved to broaden Africa’s AI infrastructure by initiating plans to build a network of data centres across its 16 markets, partly self-financed and partly through collaborations with U. S. and European technology firms. CEO Ralph Mupita told Bloomberg the company aims to finalise these partnerships before year-end. The first facility under this rollout is a $240 million, 9-megawatt data centre in Nigeria, […]
Complicated access to healthcare and a lack of guidance are keeping patients from receiving the care they need, when they need it HONG KONG SAR – Media OutReach Newswire – 17 September 2025 – Patients in Asia want minimal disruption to their daily life when seeking medical care. This is according to research from Economist Impact commissioned by Prudential plc (“Prudential”). “Patient voices: experiences of healthcare access […]
Saudi entities Hassana Investment Company and AviLease have formed a joint venture to offer aircraft-leasing opportunities, signalling a major step in the Kingdom’s drive to build up its aviation financing infrastructure under its National Aviation Strategy. Hassana will own a majority of the new venture; AviLease—backed by the Public Investment Fund—will supply aircraft servicing.
The joint venture’s launch includes a deal to acquire a fleet of ten fuel-efficient, new-technology aircraft from AviLease, all currently leased to carriers based in Saudi Arabia. The portfolio reflects a shift towards greener, more sustainable aviation assets.
Hassana, which manages funds for the General Organization for Social Insurance, sees this as a chance to deepen exposure to resilient asset classes that generate long-term cash flows. Hani Al-Jehani, Acting CEO and CIO of Hassana, emphasised the partnership aligns with its mandate to pursue investments that offer sustainable returns while supporting national aviation goals.
AviLease, established in 2022 as part of the sovereign wealth fund’s expanding portfolio, is expanding rapidly. The company has placed large orders for new Boeing and Airbus aircraft and completed a sizeable financing facility earlier this year. It manages a global portfolio worth several billion dollars. Edward O’Byrne, CEO of AviLease, described the joint venture as foundational to scaling up Saudi Arabia’s aviation ecosystem and creating a platform attractive to both domestic and international investors.
Fahad Al-Saif, Chairman of AviLease, noted that the partnership marks one of the first private-sector-led steps into the aviation financing domain within Saudi Arabia, reinforcing the role of investment institutions in strengthening the sector.
The move supports Saudi Arabia’s ambition to draw 150 million visitors annually by 2030, up from earlier targets, and to enhance the economic multiplier effects of tourism, trade, and transport infrastructure. Aviation financing is seen as a key enabler in achieving these goals, since airlines often face high capital costs.
Entering its third year, the event continues to grow, giving Prime members in Singapore early access to savings across thousands of products, from categories such as toys, babies, electronics, and home & kitchen. Customers can get a head start on their holiday shopping with some of Amazon’s best deals of the season, with savings on popular brands such as Nerf, Pigeon, Bose, SMEG and Dyson. SINGAPORE – […]
