Arabian Post Staff -Dubai Dubai Holding has become the largest shareholder in Emaar Properties after Investment Corporation of Dubai transferred its entire 22.2723 per cent stake in the Burj Khalifa developer to Emirates Power Investment, a wholly owned Dubai Holding subsidiary. The transaction lifts Dubai Holding’s total ownership in Emaar to 29.73 per cent, giving the group a commanding position in one of the emirate’s most […]
Washington has widened the corporate stakes around President Donald Trump’s China visit by inviting Elon Musk and Apple chief executive Tim Cook to join a business delegation accompanying him to Beijing for talks with President Xi Jinping. The trip, scheduled around high-level meetings on May 14 and 15, is being shaped as a test of whether the world’s two largest economies can stabilise a relationship strained by […]
Arabian Post Staff -Dubai Space42 has selected Skylo Technologies to provide standards-based direct-to-device connectivity through Thuraya-4, advancing plans to merge mobile satellite services with mainstream telecom networks across underserved land, sea and remote industrial zones. The Abu Dhabi-listed space technology company said the partnership will use Skylo’s 3GPP-compliant non-terrestrial network platform with Thuraya-4, Space42’s next-generation geostationary mobile communications satellite. The integration is designed to allow ordinary compatible […]
Alphabet has moved within striking distance of becoming the world’s most valuable company, as investor confidence in its artificial intelligence strategy reshapes Wall Street’s view of Google’s parent after years of concern that it had fallen behind rivals in the AI race. Shares of the company have surged this year, lifting its market value to about $4.86 trillion by the close of trading on May 8, 2026. […]
Starknet is moving Bitcoin deeper into decentralised finance with strkBTC, a 1:1 Bitcoin-backed wrapper designed to let holders choose between public transfers and shielded transactions while keeping access to Starknet-based trading, lending, staking and collateral markets. The asset is due to go live on May 12, 2026, after governance approval for proposals defining the wrapper and making it eligible for staking on the network. strkBTC’s central pitch […]
By K Raveendran Friday’s twin constitutional dramas exposed two serious threats to Indian democracy: the refusal of a defeated ruler to leave office, and the reluctance of a constitutional referee to invite a claimant who appeared to be assembling the numbers to form a government. Mamata Banerjee’s refusal to resign after the Trinamool Congress lost […]
By T N Ashok CHENNAI: Tamil Nadu’s political drama entered its most decisive phase on Friday evening as actor-turned-politician C. Joseph Vijay moved within touching distance of forming the State’s next government after the Communist Party of India and the CPI(M) extended unconditional support to his fledgling Tamilaga Vettri Kazhagam. The support of the two […]
Arabian Post Staff -Dubai Google has launched Fitbit Air, a screen-less fitness tracker designed to make health monitoring less intrusive while keeping the core tools that made Fitbit one of the best-known names in wearables. The new device, unveiled on 7 May 2026, marks Google’s clearest attempt yet to reposition Fitbit around passive, round-the-clock health tracking rather than smartwatch-style interaction. Priced from $99.99 in the US, the […]
Perpetual decentralised exchanges are drawing stronger trading volumes but still face a credibility gap with institutional investors, as market participants at Consensus Miami pointed to security risk, identity checks and compliance uncertainty as the main obstacles to wider adoption. The discussion, held under the session title “Perp DEX Explosion: Bullish Volumes & Bear Market Resilience”, reflected a broader divide in digital asset markets. Banks, family offices, hedge […]
Arabian Post Staff -Dubai Dubai’s automotive data market is moving deeper into predictive intelligence after Seez entered a strategic collaboration with AutoData Middle East to strengthen vehicle valuation and market analytics across the region. The agreement brings Seez’s artificial intelligence models into AutoData Analytics, with an immediate focus on the platform’s Future Residual Value module. The integration is intended to improve projections of how vehicles retain value […]
Air India is preparing deeper cost controls and fresh flight reductions as the Iran war pushes up fuel costs, disrupts airspace and intensifies pressure on a carrier still trying to complete one of the world’s most ambitious airline turnarounds.
The Tata Group-owned airline is weighing measures that could include furloughs for non-technical employees, salary reductions for senior executives, lower bonus payouts and capacity cuts of more than 20 per cent over the next three months. The review comes as the airline faces longer routings, higher aviation turbine fuel prices and weaker economics on several long-haul and regional services.
Nearly 100 domestic and international flights are expected to be trimmed through July, with North America, Europe and West Asia routes among the most exposed. Longer flight paths caused by restricted airspace across parts of West Asia have increased flying time, crew costs and fuel burn. For an airline with a large share of wide-body operations, even a modest extension of flight time can turn a marginal route into a loss-making one.
Chief executive Campbell Wilson has told staff that the airline had already scaled back some services in April and May, but worsening operating conditions required further action in June and July. The cuts are being framed as a temporary response to abnormal costs rather than a reversal of Air India’s expansion strategy, though they underscore the fragility of the carrier’s recovery.
Air India’s financial strain predates the latest escalation in West Asia. The airline has been absorbing the cost of fleet renewal, cabin refits, technology upgrades, merger integration and service improvements since Tata Group acquired it from the government in 2022. Its merger with Vistara has expanded its premium network and given Singapore Airlines a stake of just over 25 per cent in the enlarged carrier, but the integration has also added complexity at a time of volatile fuel markets and aircraft supply delays.
The airline’s losses for the year ended March 2026 have been estimated at more than ₹220 billion, a sharp deterioration linked to high fuel costs, airspace restrictions, operational disruptions and the heavy cost of restructuring. The figure has raised expectations that shareholders may need to provide additional financial support while management attempts to protect liquidity.
War-linked airspace restrictions have hit Air India more severely than many rivals because of its geography. Flights between the subcontinent and North America or Europe often depend on corridors through Pakistan, Iran, Iraq and surrounding regions. With some of these routes restricted or avoided for safety reasons, aircraft must take longer paths, increasing fuel consumption and reducing aircraft productivity.
The carrier has also faced constraints from aircraft availability. Refits of Boeing 787 aircraft, delivery delays and maintenance requirements have limited flexibility in reallocating capacity. The airline’s earlier suspension of Delhi-Washington services highlighted how aircraft shortages and airspace restrictions can combine to make long-haul routes commercially difficult even where demand exists.
Air India’s planned cuts come against a wider global aviation squeeze. Jet fuel prices have surged as the Iran war disrupted energy markets and raised fears over supply through the Gulf. Airlines with weaker fuel hedging, older fleets or longer detour-heavy networks face the harshest impact. Some carriers are raising fares, while others are cutting capacity to protect cash and preserve operational reliability.
For passengers, the adjustments could mean fewer non-stop choices, higher fares on peak routes and greater reliance on partner airlines through hubs such as London, Frankfurt, New York, Newark, Chicago and San Francisco. Air India is expected to prioritise commercially stronger routes and maintain connectivity where demand, yields and aircraft availability justify operations.
Global asset managers are pressing ahead with Abu Dhabi expansion plans, signalling confidence in the emirate’s financial architecture despite a regional war that has tested the UAE’s security environment and disrupted air and maritime activity. Abu Dhabi Global Market, the capital’s international financial centre, has drawn fresh commitments from major investment houses including Capital Group, Man Group, Bain Capital and Barings, underlining a strategy built around long-term […]
Dubai South is pressing ahead with its 2026 property delivery programme, signalling that long-term housing demand around Al Maktoum International Airport remains strong despite short-term regional uncertainty. The master-planned city and free zone has placed one of its largest residential construction packages of the year, awarding an AED2 billion contract to Mohammed Abdulmohsin Al Kharafi & Sons for multiple phases of Hayat by Dubai South. The […]
Arabian Post Staff -Dubai Ras Al Khaimah Economic Zone has signed two strategic agreements with MAGRABi Retail Group and Mighty Industrial Park, widening the emirate’s manufacturing base through projects covering retail fit-out production, metal recycling, refining and advanced industrial activity. The agreements were signed during the fifth edition of Make it in the Emirates at ADNEC Centre Abu Dhabi, in the presence of Sheikh Saud bin Saqr […]
Arabian Post Staff -Dubai Washington’s plan to escort commercial vessels through the Strait of Hormuz has run into an early diplomatic test, after Saudi Arabia and Kuwait were reported to have withheld full operational access before later easing restrictions on U. S. use of bases and airspace. The pause in “Project Freedom,” a U. S.-led effort to restore commercial navigation through one of the world’s most […]
Wall Street’s biggest financial groups are expanding digital-asset hiring, signalling that blockchain, tokenisation and crypto-linked trading are moving deeper into mainstream finance after years of caution. BlackRock, JPMorgan Chase and Morgan Stanley have advertised a fresh batch of roles tied to digital assets, blockchain engineering, tokenised products, risk controls and wealth-management infrastructure. The openings span senior product posts, software engineering, fraud-risk oversight, programme management and operations strategy, […]
Arabian Post Staff -Dubai Mastercard has launched a regional resilience programme for small and medium-sized enterprises across the Middle East, bringing together banks, government bodies and business networks to help companies manage cash-flow stress, supply-chain disruption and higher operating costs. The initiative, called Built Small. Moving Strong, is being positioned as a coordinated response to pressure on smaller businesses at a time when trade disruptions, logistics costs, […]
BANGKOK, THAILAND – Media OutReach Newswire – 7 May 2026 – On May 7, 2026, Huawei held the “Now Is Your Spark” global product launch in Bangkok, Thailand, where they officially unveiled the HUAWEI MatePad Pro Max, HUAWEI WATCH FIT 5 Series, HUAWEI WATCH GT Runner 2 Racing Legend Edition, and other innovative products. With all-scenario technology, these devices serve as a genuine extension for global users to explore the world and express themselves.
MatePad Pro Max
An ultra-slim flagship tablet setting new benchmarks in mobile productivity
Huawei globally debuted the HUAWEI MatePad Pro Max at this launch. Combining refined design, a premium display, PC-level productivity, and a full suite of creative tools, the HUAWEI MatePad Pro Max provides flagship tablet performance in a remarkably thin and light form factor. At 499g and measuring a mere 4.7 mm thick, even the exclusive PaperMatte Edition weighs just 509g, HUAWEI MatePad Pro Max is the thinnest and lightest tablet among the 13-inch+ tablet.
Smart wearables refreshed for the next generation
Huawei has introduced a fresh lineup of smart wearables tailored for the young generation. The HUAWEI WATCH FIT 5 Series retains its iconic square design, now enhanced with a sleek, vibrant aesthetic. It guides users through engaging and accessible mini-workouts, encouraging a more active lifestyle. The series also supports a wide range of competitive sports, including cycling, golf, trail running, and tennis. With advanced tracking, analysis, and guidance features, it caters to diverse needs, from daily fitness routines to competitive sport.
Debuting at this event, the HUAWEI WATCH GT Runner 2 Racing Legend Edition is a professional running watch that embodies the look and feel of marathon racing. It features a new single running ability index (RAI) and a professional Training Camp Dashboard, giving runners deeper data insights to train smarter and race harder.
Huawei partnered with renowned jewelry designer Francesca Amfitheatrof to launch the HUAWEI WATCH ULTIMATE DESIGN Spring Edition. Inspired by the blooming beauty of spring, this design features 99 natural diamonds and diamond-cut sapphire glass, a wearable celebration of feminine strength and vitality.
Huawei has also unveiled new premium flagship kids watches: the HUAWEI WATCH KIDS X1 Series. Equipped with a front and rear high-definition camera setup, it features a 110° ultra-wide-angle front camera and a 1.82-inch AMOLED screen, offering a larger display and broader field of view. The device also includes a detachable and rotatable device body and AR fun feature, enabling kids to capture every precious moment of their explorations.
A new phone experience for the diverse needs of young users
Huawei officially launched the HUAWEI nova 15 Max, redefining the experience for a generation that plays hard and shoots sharp. Equipped with a 50 MP RYYB Ultra Vision Camera, it delivers true-to-life colors even in low light or backlit conditions. The 8,500 mAh Super Battery powers all-day use, eliminating battery anxiety. The Extra-Durable Body is drop-resistant, so everyday bumps are no longer a worry. Combined with a Vivid OLED Screen and Symmetrical Stereo Dual Speakers, an immersive audio-visual experience is always within reach. From photography to battery life, and from durability to audio-visuals, the HUAWEI nova 15 Max continuously empowers every passion.
From flagship tablets to smartwatches designed for children, Huawei’s connected device ecosystem continues to expand its presence in the daily lives of users around the world. Huawei remains committed to technology that is not only useful, but genuinely enriching, technology that ignites inspiration. Huawei looks forward to continued collaboration with users around the world, helping people live and work better, wherever they are.
Hashtag: #Huawei
The issuer is solely responsible for the content of this announcement.
Tesla’s China-made electric vehicle sales rose sharply in April, extending a rebound that has strengthened the Shanghai plant’s role as the company’s key export and volume hub.
Deliveries of Model 3 and Model Y vehicles built at Tesla’s Shanghai factory reached 79,478 units in April, including exports to Europe and other overseas markets. The figure was 36% higher than a year earlier, marking a sixth straight month of year-on-year growth, though it was 7.2% lower than March as the market moved through a seasonally softer month after a stronger end to the first quarter.
The April performance signals that Tesla is regaining some stability after a difficult stretch in 2025, when competition, pricing pressure and consumer fatigue weighed on its standing in major electric vehicle markets. Shanghai remains central to that recovery because it supplies the domestic market while also serving as a major export base for Europe, Asia-Pacific and other regions. The plant produces Tesla’s two highest-volume models, leaving its monthly output closely watched as a gauge of both local demand and overseas momentum.
Tesla sold 85,670 China-made vehicles in March, giving it a stronger base heading into the second quarter. April’s decline from that level suggests the rebound remains uneven, but the year-on-year rise points to healthier order flow than at the same point last year. The recovery has been helped by adjustments to production, export allocation and the refreshed Model Y cycle, while Tesla has continued to use financing incentives and targeted promotions to defend its share.
China’s electric vehicle market remains the world’s most competitive, with new energy vehicles accounting for a growing majority of passenger-car retail sales. April industry estimates pointed to new energy vehicle retail sales of about 860,000 units and a penetration rate above 60%, underscoring how quickly battery-electric and plug-in hybrid models are displacing petrol vehicles. That shift benefits Tesla’s broader addressable market, but it also exposes the company to fierce price competition from domestic manufacturers with faster model cycles and wider product ranges.
BYD remains Tesla’s most formidable rival, with a broad line-up spanning mass-market cars, plug-in hybrids, premium models and exports. Geely, Chery, Leapmotor, Xpeng, Li Auto, Nio and Xiaomi are also pressing deeper into the market, competing not only on price but on software, cabin technology, driving-assistance features and charging convenience. Several of these manufacturers are expanding overseas, putting pressure on Tesla in Europe and other export markets that were once more heavily dominated by the US company.
Tesla’s challenge is sharpened by the age of its core passenger line-up. The Model Y and Model 3 remain strong global sellers, but rivals are launching fresh sport-utility vehicles, sedans and compact models at a faster pace. Tesla has been working on lower-cost products and software-led upgrades to protect volumes, but investors and customers are watching closely for evidence that the company can broaden its appeal beyond its two main models.
Europe has become a key test of whether Shanghai’s output can translate into renewed international growth. Tesla sales have improved in several European markets after a weak 2025, helped by stronger demand for electric vehicles and a recovery from earlier supply disruptions. Yet the company faces a more crowded field, with BYD, Xpeng and other manufacturers gaining visibility through competitive pricing, longer equipment lists and expanded dealer networks.
Regulatory approval for advanced driver-assistance technology remains another variable. Tesla’s Full Self-Driving package is central to its long-term positioning, but approvals in China and Europe have moved cautiously. Wider deployment could support margins and brand differentiation, though regulators continue to scrutinise safety, data handling and driver-monitoring requirements. Without a faster software rollout, Tesla’s sales recovery will depend more heavily on vehicle pricing, product updates and production efficiency.
Tesla’s first-quarter global deliveries stood at 358,023 vehicles, with Model 3 and Model Y accounting for 341,893 units. That concentration highlights the importance of Shanghai’s April result: the plant is not merely a regional asset but a major pillar of the company’s global volume strategy. Stronger China-made deliveries can ease pressure on other factories, support export flexibility and help Tesla manage inventory across markets with uneven demand.
Snap has confirmed the quiet end of its $400 million artificial intelligence partnership with Perplexity, removing a high-profile growth lever from its 2026 outlook just as the Snapchat parent faces pressure from uneven advertising demand, geopolitical disruption and a deeper push for cost discipline. The agreement, announced in November 2025, was designed to bring Perplexity’s conversational answer engine into Snapchat’s Chat interface, allowing users to ask questions […]
Greenlogue/AP Climate campaigners have accused Shell of turning wartime turmoil into a fossil-fuel windfall after the group reported first-quarter adjusted earnings of $6.9bn, lifted by higher oil and gas prices, stronger trading and improved refining margins. The London-listed energy major’s profit was more than double the $3.26bn recorded in the final quarter of last year and above market expectations of about $6.36bn. The figures have sharpened scrutiny […]
Anthropic has struck a major compute agreement with SpaceX that will give the maker of Claude access to all capacity at the Colossus 1 data centre, adding more than 300 megawatts of power and over 220,000 Nvidia GPUs within a month. The deal is aimed at easing capacity pressure on Claude as demand rises for AI assistants, developer tools and enterprise services. Anthropic said the extra resources […]
Cybersecurity investigators have linked a Microsoft Teams-based credential theft operation to MuddyWater, the state-sponsored threat group associated with Iran’s intelligence apparatus, after an intrusion first presented itself as an ordinary Chaos ransomware attack. The operation, detected in early 2026 and detailed this week, shows how trusted workplace collaboration tools are being turned into entry points for espionage. Attackers used Teams chats and screen-sharing sessions to trick employees […]
Cybersecurity investigators have linked a deceptive ransomware-style intrusion to MuddyWater, a state-sponsored hacking group associated with Tehran’s intelligence apparatus, after forensic evidence showed the operation was built around espionage rather than financial extortion. The campaign, observed in early 2026, was presented to victims as an attack by an affiliate of the Chaos ransomware-as-a-service ecosystem. Yet the intrusion lacked a defining feature of ransomware: there was no file […]