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Lumen Technologies has surpassed a significant milestone by crossing the 1,000-customer mark on its expanding Network-as-a-Service platform. This achievement underscores the growing demand for flexible, scalable enterprise connectivity solutions as businesses accelerate their digital transformations. NaaS, which enables organisations to streamline and scale their network infrastructure without the need for heavy investments in hardware, has become an essential offering in today’s fast-evolving technology landscape. The milestone reflects […]

South Africa’s government is moving forward with plans to launch a credit-guarantee vehicle in July 2026 to stimulate private investment in infrastructure projects. The initiative, aimed at overcoming the financing gap for large-scale infrastructure, will engage with lenders to fund a significant portion of the programme. The government’s objective is to encourage private companies to invest in the country’s critical infrastructure, which has long been underfunded, particularly […]

Peloton Interactive Inc. is gearing up to launch its most significant product upgrades in years, with plans to boost sales by introducing new hardware, fresh accessories, and cutting-edge artificial intelligence features. These moves come as the company strives to reassert itself in the competitive fitness market and rebuild consumer confidence after a series of financial setbacks and slowing growth. The company is set to unveil a revamped […]

US stocks experienced a notable decline on Thursday after a surge in wholesale inflation sent tremors through the market, putting an abrupt halt to a months-long rally that had propelled major indices to record highs. The Producer Price Index, a critical measure of wholesale inflation, posted its sharpest rise in three years, spooking investors and raising concerns about the resilience of the broader economy. The PPI climbed […]

BANGKOK, THAILAND – Media OutReach Newswire – 14 August 2025 – As Thailand accelerates investment in artificial intelligence (AI), new research from PRCA APAC and YouGov reveals that trust is the cornerstone of public acceptance. While there is cautious optimism and strong calls for regulation, the Thai public expects transparency from brands and institutions to build and maintain that trust. Presented at the inaugural PRCA Thailand Conference […]

Sharjah AcquireHub has been launched by the Sharjah FDI Office in collaboration with Transworld Business Advisors, marking the emirate’s first government-led digital platform designed to streamline mergers and acquisitions across all business scales. The platform offers investors, SMEs, local and international entrepreneurs an end-to-end digital M&A ecosystem. Its features include seamless online registration, tailored advisory support, post-transaction assistance and robust confidentiality safeguards such as non-disclosure agreements and […]

CI Financial has been officially taken private by Mubadala Capital following the completion of all necessary approvals, effective 12 August 2025. The deal, structured under a statutory plan of arrangement governed by Ontario’s Business Corporations Act, sees Mubadala Capital purchasing all outstanding common shares of CI Financial for C$32 per share, valuing the company’s equity at approximately C$4.7 billion and implying an enterprise value near C$12.1 billion. […]

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Arabian Post Staff -Dubai Asset management across the Gulf Cooperation Council grew to $2.2 trillion in assets under management in 2024, an expansion of 9 per cent from the previous year, according to the 23rd edition of Boston Consulting Group’s Global Asset Management report, From Recovery to Reinvention. With market performance as the primary engine of that growth, rather than new investor inflows, the region remains somewhat […]

Paving the way for dispatchable clean energy in New South Wales SYDNEY, AUSTRALIA – Media OutReach Newswire – 14 August 2025 – Clean energy solutions provider Gentari yesterday marked the groundbreaking of the Maryvale Solar & Energy Storage project (Project Maryvale), a key milestone in delivering reliable, low-carbon energy for New South Wales (NSW). Gentari & PCL leaders break ground at Maryvale Solar & Energy Storage Facility […]

SonicWall’s latest release features built-in Zero Trust, embedded warranty, and co-managed services empowering partners to deliver scalable, smart security with simplicity and confidence SINGAPORE – Media OutReach Newswire – 14 August 2025 – SonicWall today introduced nine new firewalls as part of its Generation 8 portfolio, taking a pivotal step in delivering a cybersecurity platform purpose-built for Managed Service Providers (MSPs), Managed Security Service Providers (MSSPs), and […]

Samsung Electronics has secured a significant contract with Tesla, valued at $16.5 billion, to produce the electric vehicle manufacturer’s next-generation AI6 chips. The chips will be manufactured at Samsung’s advanced fabrication facility in Taylor, Texas, marking a pivotal development in both companies’ strategic plans.

The eight-year agreement, confirmed by Tesla CEO Elon Musk, is set to commence in 2025 and extend through 2033. This deal represents a substantial commitment from Tesla to Samsung’s foundry capabilities, particularly as the semiconductor industry faces increasing demand for advanced chips.

The AI6 chips are designed to power Tesla’s Full Self-Driving systems, the Optimus humanoid robot, and future robotaxi fleets. This move follows Tesla’s decision to discontinue its in-house Dojo supercomputer project, redirecting focus towards optimized chip design and external partnerships for AI infrastructure.

Samsung’s Taylor facility, supported by $6.4 billion in U. S. CHIPS Act funding, will utilize the company’s 2-nanometer process technology to manufacture the AI6 chips. This collaboration aims to enhance Samsung’s foundry business, which has faced challenges in recent years, and to position the company as a competitive player in the advanced semiconductor market.

While the deal is a strategic win for Samsung, it also presents challenges. The production of 2nm chips is complex, and achieving high yield rates is critical. Additionally, the financial terms of the contract suggest that Samsung may initially operate at a loss, viewing the deal as an investment in long-term growth and industry positioning.

The partnership with Tesla is expected to bolster Samsung’s position in the global semiconductor industry, particularly in competition with Taiwan’s TSMC, a dominant player in the foundry market. The success of this venture will depend on the effective scaling of production capabilities and the ability to meet Tesla’s stringent performance requirements.

du has initiated live deployment of 5G-Advanced technology on its network, becoming the first operator in the region—and marking the United Arab Emirates as the first country—to roll out this next-generation capability in cooperation with Huawei. This accomplishment underscores du’s ambition to pioneer telecommunications innovation and strengthen the nation’s digital infrastructure.

The rollout centres on the Dual Band Active Antenna Unit, operating simultaneously in the 3.7 GHz and 2.6 GHz bands. Conceived by du and realised in collaboration with Huawei, this advanced solution merges hardware consolidation with enhanced spectrum efficiency, delivers superior network performance, and significantly trims energy consumption and carbon footprint.

According to du’s chief technology officer, the deployment represents “a monumental leap forward” for both the operator and the telecom sector in the UAE. He stressed that the milestone reflects du’s dedication to offering world-class connectivity and aligns with national objectives to position the country as a global technology leader—in parallel emphasising the importance of building sustainable, future-ready networks.

From Huawei’s perspective, Felix Liu, head of its Carrier Business for the UAE, noted that the company is honoured to support this frontier in 5G-Advanced infrastructure. He described the 5G Dual Band AAU as a flagship solution delivering outstanding network performance and user experience while resonating with the UAE’s sustainability goals.

This achievement builds on du’s history in the region’s 5G evolution. In 2024, du and Huawei introduced the Middle East’s first indoor 5G-Advanced network using three-carrier aggregation alongside Huawei’s LampSite X solution, achieving peak speeds of 5.1 Gb/s in spaces such as malls, hotels, airports, and residential buildings. Prior to that, the two companies had collaborated on a “5G-Advanced Country” initiative and unveiled a 5G-A-enabled demonstration villa featuring 10 Gbps Fixed Wireless Access and XR capabilities.

Technical advances in this live deployment include more efficient use of spectrum and reduced dependence on extensive hardware—a strategic move given the growing demand for capacity and coverage. Dual-band AAUs are expected to support dense urban environments while reducing operational energy use.

This development assumes added significance against the backdrop of the UAE’s broader digital transformation objectives. The Telecommunications and Digital Government Regulatory Authority has championed advanced 5G trials, including initiatives to unlock 10 Gbps speeds with 6 GHz spectrum, in collaboration with service providers such as du.

The industry now closely watches how the live 5G-Advanced network, powered by dual-band AAUs, will impact key user segments—whether in high-density urban zones, enterprise campuses, or immersive content scenarios. Future use cases could span ultra-high-definition streaming, real-time XR, holographic conferencing, and enhanced industrial IoT applications. du and Huawei’s previous commitment, through a memorandum of understanding, to establish a joint innovation centre to drive 5G-A adoption and incubate next-generation services indicates a clear roadmap for expanding from infrastructure to ecosystem development.

DHL Express purchases 2,400 metric tons of SAF from Cathay Group to be used on flights operated by Air Hong Kong, an express all-cargo carrier and wholly owned subsidiary of Cathay. The SAF will be used on Air Hong Kong flights departing from Seoul Incheon, Tokyo Narita and Singapore Changi airports. The new agreement underscores both parties’ commitment to lower-carbon air logistics and driving the production and […]

By Nitya Chakraborty The India-US trade war over Donald Trump’s 50 per cent tariff on Indian exports to the USA with effect from August 27 this year has assumed a major political dimension linking the political future of both Indian Prime Minister Narendra Modi and the United States President Donald Trump. For Narendra Modi, the […]

The buzz surrounding the upcoming release of GPT-5, the latest iteration of OpenAI’s language model, has intensified. While rumours have been rife, the reality surpasses expectations. GPT-5 promises not only to refine existing capabilities but also to address common glitches and limitations that have plagued its predecessors. These improvements are expected to revolutionise how AI interacts with users across various sectors, including journalism, business, healthcare, and more. […]

Additional funding allows Agridence to better deliver its traceability modules and ESG solutions across agri-commodity sectors globally. SINGAPORE – Media OutReach Newswire – 13 August 2025 – Agridence Pte. Ltd. (“Agridence”), a Singapore-based technology leader in digital agri-commodity supply chains, today announced a funding round led by Cercano Management and supported by returning strategic investors EXEO Innovation Fund and Provident. This will empower Agridence to rapidly scale […]

Atlassian has forged a strategic partnership with Google Cloud to enhance cloud adoption across its client base and integrate advanced artificial intelligence features into its collaboration platforms. This multi-year agreement is designed to combine the strengths of both companies, enabling businesses to leverage cutting-edge technology to improve operational efficiency, productivity, and innovation. The partnership aims to expand Atlassian’s suite of tools, such as Jira, Confluence, and Trello, […]

A massive wildfire has forced thousands to flee their homes in Spain as a combination of intense heat and strong winds exacerbates the crisis. The fire, one of the most destructive in the country’s history, continues to rage across multiple regions, threatening lives, homes, and the environment. The wildfire, which ignited amid soaring temperatures that have gripped southern Europe, has spread rapidly due to the powerful winds […]

SINGAPORE – Media OutReach Newswire – 13 August 2025 – eazy Insurance is pleased to announce the acquisition of G&C General Pte Ltd, a family-run agency with a long history in Singapore’s retail insurance sector. This acquisition supports eazy’s broader expansion strategy while maintaining its focus on delivering consistent, client-oriented service. Integrating Traditional Service with Digital Access Existing clients can expect operational changes designed to enhance service […]

BAODING, CHINA – Media OutReach Newswire – 12 August 2025 – Great Wall Motor (GWM) has combined sport, technology, and industrial pride in a landmark event—the 2025 GWM Smart Factory Half Marathon—held inside its Xushui Smart Factory in Baoding, Hebei Province. Over 10,000 runners raced through stamping, welding, and assembly workshops, surrounded by a living showcase of China’s cutting-edge automotive manufacturing. From the rhythmic movements of robotic […]

The crypto and blockchain job market in 2025 has evolved significantly from the early days of experimentation and speculative investment. As the technologies become more established, companies are now scaling operations, emphasising practical application and implementation rather than simply exploring new concepts. This shift reflects a broader maturing of the industry, where the focus is on delivering tangible results rather than relying on hype.

A key trend that has emerged is the demand for mid-to-senior level roles, particularly in project management and operations. While the number of junior-level positions remains steady, it is the more experienced professionals who are driving growth and innovation. These individuals are not only managing complex projects but also overseeing cross-functional teams, making their roles integral to the success of blockchain and crypto companies. The prominence of senior roles is indicative of an industry that is prioritising strategic leadership over individual contributors. However, it’s important to note that job titles in the sector can sometimes be misleading, with roles such as “blockchain architect” or “crypto strategist” often blending technical and managerial responsibilities.

Emerging markets are becoming significant hotspots for blockchain and crypto employment, with companies offering salary multiples that can be as high as 10 times those in traditional industries. Countries in Asia, Latin America, and parts of Africa have seen a surge in blockchain-related job creation. These markets offer cost-effective, yet highly skilled talent pools, making them attractive for businesses looking to expand their workforce. However, this salary gap also reflects a growing disparity in the global job market, where geography increasingly dictates pay rates. In more developed regions, such as the United States and Europe, salaries are certainly high, but the competition for talent is fierce, and the skill set required is rapidly advancing.

In the engineering space, there has been a notable shift towards project management roles outnumbering developers by a ratio of 2:1. This is a direct response to the complexities of managing blockchain and crypto initiatives, which require not only technical proficiency but also strong organisational skills to ensure that projects run on time and within budget. Project managers are expected to liaise with a variety of teams, coordinate development, testing, and deployment, and ultimately ensure the strategic objectives of the company are realised. As blockchain solutions scale up, project management has become just as vital as coding skills.

Hybrid work is no longer seen as a temporary response to global events but as a long-term norm in the industry. Many companies have implemented a 3-4 day in-office work policy, recognising that while remote work allows for flexibility, physical collaboration remains crucial in high-stakes, fast-moving projects. The hybrid model is seen as a way to balance the benefits of in-person interaction with the convenience of working from home. As companies continue to grow, the ability to collaborate effectively both remotely and in person has become a key factor in employee productivity and satisfaction.

Jumbo Enterprise has entered into a strategic partnership with Jio Haptik to offer next-generation Agentic AI solutions to enterprises across the GCC. This collaboration brings together the regional reach and IT expertise of Jumbo with Jio Haptik’s advanced AI-driven customer experience technology. The agreement positions both companies to transform enterprise operations in the Gulf region. By integrating Agentic AI, businesses will benefit from more efficient customer engagement, […]

Aldar Properties has unveiled its latest project, the Fahid Beach Terraces, a luxurious six-building residential community set along a pristine stretch of coastline on Fahid Island, Abu Dhabi. Positioned as the emirate’s first coastal wellness destination, the development promises a new standard of living, combining scenic views with world-class amenities.

The Fahid Beach Terraces feature expansive living spaces, with each unit offering panoramic sea views and access to a private, dedicated beachfront. The community aims to create an idyllic living environment that blends modern comfort with the serenity of nature. The development is situated in close proximity to key leisure and retail destinations, offering both seclusion and accessibility.

At the heart of the community is an exclusive beachfront clubhouse, a central hub for residents. The clubhouse houses an array of wellness-focused amenities designed to promote health and relaxation. These facilities include an outdoor pool, a state-of-the-art gym, and spa services, ensuring that residents can enjoy an elevated lifestyle. Aldar has emphasised that the design of the community integrates the principles of sustainability, creating an eco-conscious living experience.

The Fahid Beach Terraces are also set to offer various recreational options, such as walking paths, yoga areas, and sports courts. These spaces are strategically positioned throughout the community, allowing residents to enjoy both social activities and moments of personal tranquillity.

Aldar’s vision for the project is to offer a complete lifestyle solution. The development is not just about luxurious residences but is aimed at creating a well-rounded living experience with a strong focus on health and well-being. Fahid Island’s unique location along Abu Dhabi’s coastline further strengthens this concept, with the community’s design capturing the essence of both modern living and nature.

The properties within the community are set to cater to high-net-worth individuals seeking a premium living experience. Aldar’s commitment to quality is evident in the materials used throughout the development, ensuring that each home meets the highest standards of craftsmanship. Additionally, the architecture of the buildings reflects contemporary design principles, featuring sleek lines and expansive windows that maximize the views of the surrounding environment.

As part of its larger strategy to cater to the growing demand for luxurious residential spaces in the UAE, Aldar’s Fahid Beach Terraces is expected to set a benchmark for future coastal developments in the region. The project adds to Aldar’s extensive portfolio of premium properties, further cementing the developer’s position as a leading force in the real estate market.

The development is anticipated to attract both local and international buyers, with its focus on wellness and luxury making it a highly desirable location for investors. As the UAE continues to position itself as a global hub for business and leisure, projects like Fahid Beach Terraces offer a glimpse into the future of upscale living, where quality of life and environmental sustainability are paramount.

With the increasing interest in wellness-oriented lifestyles, particularly in the wake of the global pandemic, the Fahid Beach Terraces cater to a demographic that values both health and comfort. The concept of wellness in residential design has grown in importance, and Aldar’s innovative approach to integrating these elements into a luxurious environment speaks to this shift in consumer preferences.

By Ashok Nilakantan Ayer When the U.S. President Donald Trump slapped heavy tariffs on a range of Indian goods this month, Prime Minister Narendra Modi responded almost immediately with quiet contingency planning: supply a targeted, limited financial backstop to exporters and small manufacturers whose cash flows are being squeezed by sudden loss of competitiveness in […]
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