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By Prabhat Patnaik The BJP-led government has just got parliament to pass a legislation permitting up to 100 percent foreign equity-ownership in India’s insurance sector. This, the Prime Minister has announced, marks the beginning of a major “reform” in India’s financial sector, towards presumably much greater private, including foreign, ownership of financial institutions. This would […]

The article Pushing The Financial System Towards A Dangerous Direction appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Abu Dhabi has enacted two federal decree laws reshaping the legal architecture of the country’s capital markets, signalling a renewed push to strengthen regulatory independence, align oversight with global standards and reinforce investor confidence in one of the region’s most active financial hubs. The twin decree laws, covering the Capital Market Authority and the broader regulation of capital markets, form part of a wider programme aimed at […]

Arabian Post Staff -Dubai Saudi Arabia has completed a $13 billion, seven-year syndicated loan to support spending on power, water and public utilities, marking one of the largest government-backed financings tied to infrastructure programmes this year as the kingdom presses ahead with its economic transformation agenda. The financing was arranged by the National Debt Management Center, which said the deal fits within its medium-term debt strategy aimed […]

Arabian Post Staff -Dubai High-refresh 1440p gaming has settled into a clear sweet spot for PC players, balancing visual fidelity with frame rates that comfortably exceed 100 frames per second in demanding titles. Entering 2026, the market for graphics cards capable of driving 1440p monitors at 144Hz and beyond has become more stratified, shaped by architectural advances, shifting pricing strategies and a growing focus on memory capacity […]

  Tuba, an artificial intelligence-driven healthcare benefit management platform, has been accepted into NVIDIA Inception, a global programme designed to support technology start-ups developing advanced AI solutions. The move places Tuba among a curated group of early-stage companies working with high-performance computing, data science and machine learning tools to scale products in complex sectors such as healthcare, finance and advanced manufacturing. The company’s entry into the programme […]

Ras Al Khaimah ushered in 2026 with a choreographed New Year’s Eve display that combined fireworks and drone technology on a scale not previously attempted in the emirate, securing a Guinness World Records title for the largest aerial image of a phoenix formed by multirotor drones. The 15-minute presentation unfolded along the waterfront, drawing large crowds and positioning the northern emirate at the centre of global attention as midnight celebrations rolled across time zones.

Officials confirmed that thousands of drones were deployed in tightly synchronised formations above the coast, producing a series of animated images that culminated in the phoenix, a symbol chosen to reflect renewal and ambition. The aerial sequence was interwoven with precision fireworks launched from multiple barges and shoreline points, creating a layered effect across sea and sky. Guinness adjudicators on site verified the specifications shortly after the display concluded, confirming the new benchmark had been met.

The event formed part of Ras Al Khaimah’s wider strategy to build a reputation for large-scale, family-friendly celebrations that draw international visitors beyond the traditional holiday hotspots. Organisers said months of preparation were required to coordinate aviation safety, maritime controls and public access, with authorities temporarily restricting airspace and marine traffic during the performance window. Emergency services and transport agencies operated under special plans to manage the influx of spectators along the coastal stretch.

Tourism officials described the New Year event as a showcase of how technology is reshaping public celebrations worldwide. Drone-based performances have grown rapidly over the past decade as an alternative to fireworks, offering reusable hardware, programmable precision and reduced debris. By combining both elements, the emirate aimed to deliver visual impact while demonstrating technical capability. Industry specialists note that such hybrid shows demand advanced software, redundant navigation systems and real-time monitoring to avoid collisions or signal loss.

Local hospitality operators reported strong occupancy across hotels and resorts, with restaurants and public viewing areas reaching capacity well before midnight. The celebrations extended across several zones, allowing visitors to experience the show from beaches, promenades and elevated vantage points. Authorities encouraged spectators to use public transport and designated parking areas to ease congestion, a measure that helped maintain steady pedestrian flows before and after the countdown.

The Guinness title adds to a growing list of high-profile achievements used by destinations to differentiate themselves in a competitive tourism market. Record-driven events have become a common tool to generate global media coverage and social media traction, though experts caution that they require careful balancing of spectacle, safety and sustainability. In this case, organisers highlighted the use of digitally controlled drones to minimise environmental impact compared with traditional fireworks-only displays, while acknowledging that pyrotechnics remain a key draw for audiences.

Cultural planners involved in the programme said the phoenix motif was selected to resonate across diverse audiences while aligning with the emirate’s long-term development narrative. The animated sequence depicted the bird rising and spreading its wings before dissolving into abstract patterns, followed by a countdown rendered in light above the water. Fireworks then traced the skyline in timed bursts, synchronised to a musical score broadcast along the shore.

The success of the event is likely to influence planning for future festivals and national celebrations, both within the emirate and across the region. Drone show providers are already expanding fleets and investing in higher-capacity batteries, brighter LEDs and more resilient communications links to support increasingly complex formations. Analysts say destinations that master these capabilities early can scale performances quickly for major occasions.

By Dr. Gyan Pathak Gig workers of India have concluded the year 2025 with an all-India strike action on the last day, December 31, 2025, demanding fair wages and working conditions, which have undergone marked deterioration in the last three months. It happened despite the Union government’s repeated claim that they have been doing everything […]

The article Gig Workers Concluded 2025 With All-India Strike, Will Have To Do More In 2026 appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

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Abu Dhabi National Energy Company PJSC and Emirates Water and Electricity Company have completed a Dh3.6 billion financing and development agreement for the Al Dhafra Power Plant, marking a significant expansion of dispatchable power capacity aimed at supporting the emirate’s fast-growing data centre sector. The project underlines Abu Dhabi’s strategy of pairing digital infrastructure growth with firm, utility-scale energy assets as demand from artificial intelligence, cloud computing […]

Arabian Post Staff -Dubai Emirates strengthened its standing in 2025 as the world’s largest international airline, carrying 55.6 million passengers across almost 180,580 flights and reinforcing Dubai’s role as a central hub for long-haul air travel. The carrier said the scale of its operations during the year equated to circling the Earth more than 29,000 times, underlining the breadth of its global network at a time when […]

HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 31 December 2025 – Vietnam Airlines has officially launched its nonstop service between Ho Chi Minh City and Copenhagen, Denmark, marking the first-ever direct air connection between Vietnam and Northern Europe. This milestone represents a major step in the airline’s European network expansion strategy for the 2025 to 2030 period, addressing growing demand for tourism, business travel, trade, and family visits between the two regions.

Vietnam Airlines flight crew on the first Ho Chi Minh City–Copenhagen flight.
Vietnam Airlines flight crew on the first Ho Chi Minh City–Copenhagen flight.

The inaugural flight, VN39, departed Tan Son Nhat International Airport at 10:45 p.m. on December 15 aboard a Boeing 787-9 Dreamliner and landed safely at Copenhagen Airport after more than 12 hours of flight, carrying over 200 passengers to the Danish capital. The return flight, VN38, departed Copenhagen at 10:50 a.m. local time on December 16 and arrived in Ho Chi Minh City later the same day, serving more than 300 passengers.

The Ho Chi Minh City to Copenhagen route will operate three times per week. Flights depart Ho Chi Minh City on Monday, Wednesday, and Friday evenings, while return flights from Copenhagen operate on Tuesday, Thursday, and Saturday mornings. This new service enhances connectivity between Vietnam and Denmark, as well as the broader Northern European region, while meeting the increasing travel demand of the Vietnamese community in the area, estimated at approximately 70,000 people. It is also expected to further boost the growing number of Northern European visitors to Vietnam.

Dang Anh Tuan, Executive Vice President of Vietnam Airlines, said: “Copenhagen represents a strategic market in Vietnam Airlines’ European network growth. Our nonstop service dramatically reduces travel time between Vietnam and Denmark, enhances our competitive edge, and creates new opportunities for tourism, business, and cultural exchange across Northern Europe. This direct connection will deliver clear benefits to passengers, enterprises, and the Vietnamese community in the region.”

Copenhagen, the capital of Denmark, is widely recognized as one of the world’s most livable cities and serves as a key transportation hub for the entire Scandinavian region. From Copenhagen Airport, passengers can conveniently connect to Sweden, Norway, and Finland via a modern infrastructure and efficient transport network. As a result, the new route not only meets travel demand to Denmark but also provides faster and more convenient access to the broader Northern European region compared with previous itineraries requiring transit stops.

Copenhagen is considered a high-potential market, particularly during the winter season when Northern European travelers seek warm-weather destinations such as Vietnam. With the launch of this route, Vietnam Airlines becomes one of the few Southeast Asian carriers offering direct service to Northern Europe, further strengthening its European network, which currently includes Paris, Frankfurt, Munich, London, Milan, and Moscow.

The nonstop Ho Chi Minh City to Copenhagen service also marks a significant milestone in Vietnam Airlines’ 30-year development journey, reaffirming the airline’s commitment to expanding intercontinental connectivity, enhancing the role of the national flag carrier, and continuing to showcase the image, culture, and people of Vietnam to the world.

Hashtag: #VietnamAirlines

The issuer is solely responsible for the content of this announcement.

By K Raveendran As Indian corporates step into the new year buoyed by stronger growth momentum and easing inflationary pressures, a sense of anticipation is spreading across boardrooms and policy circles alike over a dispute that dwarfs most corporate battles seen in the country’s history. At the heart of this confrontation lies the Indian government’s […]

The article Sensation Building Up Around Country’s Biggest Ever Arbitration Award appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

The United Arab Emirates reinforced its position as a centre for advanced technology and space sciences through 2025, recording a sequence of policy, industrial and scientific advances that underscored a broader shift towards an innovation-led, knowledge-based economy. Government agencies, research centres and private firms aligned capital spending with skills development, deepening international cooperation while scaling domestic capabilities across satellite manufacturing, Earth observation and deep-space research. At the […]

Saudi Arabian Mining Company, widely known as Saudi Arabian Mining Company, has outlined plans to establish a joint venture with Midana Exploration Pay Ltd to advance minerals exploration, development and mining across licensed areas of the kingdom, in a move that underscores the country’s push to expand its non-oil resource base.

Under the proposed structure, the joint venture will be capitalised initially at $5 million, with Maaden holding a controlling 50.1% stake and Hancock owning the remaining 49.9%. The vehicle is expected to focus on early-stage exploration as well as the development and eventual sale of mineral resources identified within approved concession blocks, subject to regulatory clearances.

The announcement comes as Saudi Arabia accelerates efforts to map and commercialise its estimated multi-trillion-dollar mineral endowment, a pillar of the Vision 2030 strategy aimed at diversifying fiscal revenues and building domestic industrial supply chains. Officials and industry executives have repeatedly highlighted underexplored deposits of gold, copper, zinc, phosphate, bauxite and rare earth elements as areas of strategic interest.

Maaden, majority owned by the Public Investment Fund, has over the past decade evolved from a single-commodity operator into a diversified mining champion spanning gold, aluminium, phosphate fertilisers and industrial minerals. The proposed partnership with Hancock signals a renewed emphasis on upstream exploration, an area that demands specialised geological expertise, patient capital and risk-sharing arrangements.

Hancock, through its local exploration arm, has built a portfolio of prospecting licences and geological data across several regions of the kingdom. Industry observers say its familiarity with Saudi Arabia’s licensing framework and field operations complements Maaden’s balance sheet strength, project development experience and access to downstream markets.

According to people familiar with the matter, the joint venture is designed to move swiftly from desktop studies to on-ground surveys, including geophysical mapping and targeted drilling. Any commercial discoveries would then be evaluated for standalone development or integration into Maaden’s existing asset base, depending on scale, mineral type and infrastructure considerations.

The modest initial capital reflects the early-stage nature of the venture, with provisions allowing for additional funding rounds as projects advance. Mining analysts note that exploration budgets often expand sharply once priority targets are identified, particularly for metals linked to energy transition technologies such as copper and battery minerals.

Saudi Arabia has spent heavily on geological surveying over the past few years, releasing high-resolution data to attract private and foreign investors. The Ministry of Industry and Mineral Resources has also reformed the mining law to streamline licensing, strengthen environmental oversight and provide longer concession terms, measures that have been welcomed by global miners.

Within this policy backdrop, Maaden’s majority stake ensures strategic alignment with national priorities while allowing its partner operational flexibility. The 50.1-49.9 split also gives Maaden consolidation rights over any successful projects, a factor likely to reassure lenders and potential offtake partners at later stages.

Market participants see the joint venture as part of a broader trend of collaborative exploration models in the kingdom, where state-backed entities pair with specialised firms to spread risk and accelerate discovery timelines. Similar structures have been adopted in other resource-rich jurisdictions seeking to build domestic mining ecosystems without shouldering all the geological risk alone.

Environmental and social governance considerations are expected to feature prominently as projects move forward. Saudi regulators have tightened requirements around land rehabilitation, water use and community engagement, and Maaden has publicly committed to aligning new developments with international sustainability benchmarks.

Arabian Post Staff -Dubai Abu Dhabi National Energy Company PJSC, known as Abu Dhabi National Energy Company PJSC, and Emirates Water and Electricity Company have finalised a 3.6 billion dirham agreement for the Al Dhafra Power Plant, marking a significant addition to Abu Dhabi’s generation capacity and underlining continued investor confidence in the emirate’s regulated utilities framework. The transaction centres on a long-term project financing structure in […]

By Ashis Biswas Within the South Asian context, a noticeable coarsening of diplomatic discourse among four countries has occurred, following the violent regime change in Bangladesh, a brief encounter involving India and Pakistan and sporadic skirmishes between Pakistan and Afghanistan. A new political alignment, whose contours will be clearer after the Bangladesh general elections, is […]

The article Disturbing Decline Of Diplomacy Across South Asia Bodes Ill For All appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Abu Dhabi Global Market, the international financial centre of the capital, has crossed a defining threshold as it enters its second decade, announcing the onboarding of 11 major global financial institutions that together manage more than $9 trillion in assets. The expansion has lifted total assets under management on its platform to about $746 billion, up sharply from $635 billion a year earlier and roughly $450 billion […]

A sharp fall in Iran’s rial has triggered demonstrations in the heart of Tehran, exposing mounting pressure on household budgets and traders as prices of basic goods accelerate amid tightening financial conditions and long-running sanctions. State television on Monday broadcast blurred footage it described as limited unrest by merchants at Grand Bazaar, while videos circulating on social media indicated wider participation, with shopkeepers pulling down shutters and […]

HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 30 December 2025 – According to leading experts, when ESG++ urban developments account for less than 1% of global supply, every project that meets the standard becomes a true collectible asset. Vinhomes Green Paradise in Can Gio, Vietnam is emerging one step ahead in a period of strong market consolidation, opening a 25-30% appreciation range for investors who want to ride the green transformation wave.

Experts: Vinhomes Green Paradise Is One of the World’s Rarest Branded Real Estate Assets

A “One-of-a-Kind” Branded Asset on the Global Map

Speaking at the seminar “Advancing to the Sea with ESG++ Mega-Cities: A Strategy for Sustainable Investment,” Dr. Le Xuan Sang, Deputy Director of the Vietnam Institute of Economics and World Economy, emphasized that for investors, a “branded real estate asset” must meet four criteria: An unmatched location, elevated development standards, limited supply, and a compelling story recognized by global markets. “Vinhomes Green Paradise meets all four,” Sang shared.

He highlighted the integrated ecosystem of the Vinhomes Green Paradise urban development, where affluent residents can enjoy a full spectrum of experiences within one cohesive environment, from work, leisure, wellness, and recreation to business trips and retirement living. When every component reaches a premium standard, the project’s merits speak for themselves.

In Southeast Asia, he noted, it is exceptionally difficult to find a coastal megacity of comparable scale that not only aligns with ESG++ benchmarks but is also connected to high-speed infrastructure and backed by a powerhouse metropolis like Ho Chi Minh City.

“It is entirely justified to call this a rare, hard-to-find branded real estate asset,” he said.

Supporting this viewpoint, Associate Professor Dr. Architect Hoang Manh Nguyen, Chairman of the Institute for Green Urban Science & Technology, highlighted Can Gio’s unparalleled ecological advantage, “backed by forest, facing the sea”, a combination almost impossible to replicate globally and one that carries immense economic value.

He further underscored the “expensive” and “highly complex” nature of ESG++ coastal reclamation cities. Vinhomes Green Paradise being recognized by New7Wonders as the first official participant for the “7 Wonders of Future Cities” title is, in his view, strong evidence that it represents a new global benchmark in urban innovation.

“This places Vinhomes Green Paradise among the world’s truly ‘singular’ real estate assets, naturally becoming a prime target for elite residents and discerning investors,” he stated.

From a legal and institutional perspective, Associate Professor Dr. Nguyen Quang Tuyen, Vice Chairman of the University Council and Head of the Faculty of Economic Law at Hanoi Law University, noted that the distinction of “branded real estate” lies in clear legal frameworks, stable planning, and professional operations, attributes that can withstand the test of time and policy shifts. These are precisely the strengths of Vinhomes Green Paradise, further reinforced by the credibility of the Vingroup brand.

ESG++ Assets: A Long-Term “Safe Harbor” with 25–30% Appreciation Potential

Discussing the issue in greater depth, Associate Professor Dr. Hoang Manh Nguyen asserted that urban livability is the key determinant of real estate value. Locations with cleaner air, lower noise levels, better mobility, richer landscapes, and more refined amenities will always command higher prices and more sustainable appreciation. ESG++ urban models elevate quality of life to a new tier, not only “green” in terms of vegetation and water bodies but green in energy, operations, and lifestyle.

“With these advantages, Vinhomes Green Paradise is not only a pioneer in the development of green coastal cities but also has tremendous potential to preserve and grow value over time,” he noted.

Vinhomes Green Paradise has been described as a “precious gem”, a unique asset on the global real estate map.

Aligning with this view, Dr. Le Xuan Sang added that globally, capital is shifting clearly toward asset classes that deliver growth, sustainability, and climate resilience. Beyond ESG++, the added layers of regeneration and climate adaptation make qualifying assets exceedingly rare.

The demand for ESG++ coastal cities will grow strongly, while supply will remain extremely limited, representing less than 1% of global inventory over the next 10-20 years. This scarcity ensures enduring value and makes speculative fears, such as panic buying or price collapse, highly unlikely.

“When supply is extraordinarily low while demand from the global middle and upper class continues to surge, ESG assets naturally become a ‘blue-chip’ category, scarce, highly valued, and exceptionally defensive across economic cycles,” he explained.

“Today, this elite and exceptionally scarce asset may appear expensive relative to average incomes. But securing a property like the one in Can Gio will be an extraordinary challenge in five to ten years, as the economy expands and incomes rise,” Nguyen Quang Tuyen said.

He added that in OECD countries, urban areas meeting ESG standards are often the focus of state investment in core infrastructure, public services, and high-quality social amenities, creating a robust value foundation. Once this foundation stabilizes, real estate values in these areas tend to rise steadily, often outpacing comparable non-ESG locations.

Multiple international reports show that ESG cities typically achieve 25-30% appreciation, sometimes at a rate 1.5-2 times faster than neighboring districts. Consequently, securing a position in Vinhomes Green Paradise at this stage offers investors a primary-market advantage, akin to sourcing raw value directly from the origin before it reaches the broader retail market.
Hashtag: #Vinhomes

The issuer is solely responsible for the content of this announcement.

Arabian Post Staff -Dubai Riyadh’s property landscape is being re-engineered at pace as public investment, private capital and planning reforms converge, with a multi-year pipeline spanning transport, data infrastructure and construction altering how the city builds, works and lives. The shift is being underpinned by the acceleration of Vision 2030, which is redirecting demand across offices, homes, retail and hospitality while seeding new growth in AI infrastructure […]

PANAMA CITY, PANAMA – Media OutReach Newswire – 29 December 2025 – AZX, a next-generation decentralized exchange (DEX) built on the trading-optimized AZ Axis blockchain network, announced the launch of its Beta testing, introducing groundbreaking performance capabilities and innovative features designed to bridge the gap between traditional finance and decentralized trading.

AZX represents a technological leap in decentralized trading infrastructure. It is an order-book DEX built on Axis technology, an infrastructure designed for trading. The platform can now achieve an impressive P99 latency of under 20 ms. Backed by professional market-making teams, AZX also provides robust orderbook liquidity, providing a solid on-chain solution for high-frequency and professional trading scenarios that demand speed, precision, and reliability. It demonstrates remarkable achievement in critical performance indicators for decentralized exchanges.

AZX is committed to lowering the entry barrier to DeFi and addressing the challenges in accessibility. It introduces a revolutionary onboarding process, which allows users to register with an email address and get their automatically generated on-chain addresses. AZX also supports logging in via multiple popular wallets, building a seamless, secure, and user-friendly entry point. Such a design makes significant progress in the accessibility of DeFi and professional trading, and is a ground-breaking innovation to realize the mass adoption of DeFi with improved usability, while preserving its core feature of self-custody.

The launch is also accompanied by a comprehensive contributor rewards program that enables users to accumulate points through trading and submitting feedback as early contributors. It reflects a mature, community-driven product development model that goes beyond technical testing.

Hashtag: #cryptoexchange #Bitcoin #Crypto #Exchange #AZX #DeFi



The issuer is solely responsible for the content of this announcement.

About AZX

is a high-performance order-book DEX built on the innovative Axis technology. Aiming to ““, AZX envisions providing feasible solutions to the fundamental challenges in cross-ecosystem asset flow and integration, offering a compelling long-term narrative around financial infrastructure innovation. As an auditable, high-performance bridge connecting traditional finance and decentralized finance, AZX positions itself at the forefront of the next evolution in global finance, with an ultimate ambition that goes beyond building another crypto DEX: to empower users and developers with the foundational layer to compose financial applications that were previously impossible.

By Nantoo Banerjee It does not make sense for India to deplete its hard-earned foreign currency reserves to temporarily protect the Rupee’s exchange value. In fact, Indian Rupee’s downturn vis-à-vis other major currencies has not adversely impacted the country’s impressive economic growth, at least for the present. On the contrary, it has made exports cheaper […]

The article Rupee Decline May Not Be Bad For Economy Now appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

The recognition of MIR Holding subsidiaries at FO.GE.CA illustrates the potential of African companies to establish themselves beyond their domestic markets

DAKAR, SENEGAL – EQS Newswire – 29 December 2025 – In the margins of the 18th edition of the Forum of Operators for the Guarantee of Economic Emergence in Africa (FOGECA), held from 18 to 20 December 2025 in Dubai, several subsidiaries of MIR Holding SAS (https://MIRHolding.Odoo.com) were recognized for the quality of their achievements, their operational structuring, and their ability to operate sustainably in demanding international economic environments.

FOGECA has established itself as a high-level economic forum bringing together each year business leaders, investors, financial institutions and public decision- makers from Africa, the Middle East, Europe and Asia. The distinctions awarded during the forum aim to recognize companies that demonstrate, beyond discourse, a genuine capacity for execution, strong governance, and measurable, long-term value creation.

Three companies recognized across strategic sectors

Among the MIR Holding group entities recognized this year are three companies operating in key strategic sectors:

JC Maclean International, specializing in high-end fit-out and interior design for residential, commercial and corporate projects. Based in Dubai, the company has distinguished itself through its technical rigor, its ability to manage complex projects, and its strict adherence to international standards in quality, timelines and safety.

Moustev Limousine Dubai, a premium VTC and chauffeur-driven transport company, recognized for its integrated approach and its capacity to support corporate clients in managing their mobility needs, particularly in multicultural and multi-country contexts. Its model is built on service reliability, operational responsiveness and adaptability to both local and international environments.

Majestic Living Properties, a real estate platform focused on development, marketing and investment advisory for residential and commercial assets. The company was recognized for its vision of real estate investment, combining transparency, asset quality and customer experience, particularly across Africa–Middle East investment flows.

A recognition rooted in long-term structuring

For MIR Holding SAS, these distinctions are not an end in themselves but rather the outcome of a long-term structuring process. They reflect the ability of companies originating from an African group to grow, attract talent and operate successfully within major global economic hubs, while maintaining a pragmatic and disciplined understanding of markets.

Present in Dubai during the forum, Mouhamad Dieng, Founder and CEO of MIR Holding and President of the Mouhamad Rassoul Dieng Foundation, emphasized that this trajectory is above all the result of entrepreneurial discipline, method and long- term vision.

“These distinctions primarily recognize the work of committed teams and the strength of business models built to last. They demonstrate that starting from local realities, and remaining demanding in terms of structuring and governance, it is possible to build companies capable of operating at the highest international level,” he stated.

Originally from Senegal, Mouhamad Dieng highlighted that this international recognition also carries a message of inspiration for young Senegalese and African entrepreneurs, illustrating a path to success grounded in hard work, rigor and the ability to think globally without renouncing one’s roots.

A strong signal for Senegal’s economic ecosystem

At a time when Senegal is seeking to strengthen the role of its private sector within regional and international value chains, the recognition of MIR Holding subsidiaries at FOGECA illustrates the potential of African companies to establish themselves beyond their domestic markets.

Through its various entities, MIR Holding SAS continues to pursue a development strategy based on the structuring of robust companies, the upgrading of service offerings, and expansion into high-value markets, particularly between Africa and the Middle East.

The distinctions awarded in Dubai are part of a broader dynamic in which credibility is built through results, consistency and the ability to generate tangible economic impact.

Distributed by APO Group on behalf of MIR Holding.

Hashtag: #MIRHolding

The issuer is solely responsible for the content of this announcement.

The United Arab Emirates is on course to generate more than one million additional jobs by 2030, placing it among the world’s fastest-expanding labour markets as economic diversification, technology adoption and population growth intensify demand for skilled workers, according to a workforce outlook released by ServiceNow.

The projection underscores the scale of change under way in the UAE’s employment landscape, where public and private sector investment is being channelled into advanced industries, digital services, clean energy, logistics and financial technology. Policymakers have positioned job creation as a central pillar of national economic strategy, linking employment growth to productivity gains, innovation and long-term competitiveness.

ServiceNow’s analysis indicates that the strongest employment momentum is emerging in technology-led roles, particularly in cloud computing, artificial intelligence operations, cybersecurity, data analytics and enterprise software services. Demand is also rising for professionals who can combine technical skills with business process expertise, reflecting the increasing automation of workflows across government entities, banks, energy companies and logistics firms.

This expansion is unfolding alongside steady population growth driven by immigration, as professionals from Asia, Europe and Africa relocate to the UAE for work opportunities. Labour market specialists say the inflow of skilled workers has become an economic asset, helping employers fill gaps in high-value roles while supporting consumption and domestic demand.

Beyond technology, job creation is expected to be broad-based. Construction and real estate continue to absorb labour as infrastructure spending remains strong, while tourism, hospitality and aviation are benefitting from sustained visitor growth and expanding airline capacity. Healthcare and education are also projected to add sizeable numbers of jobs as authorities invest in social infrastructure to support a larger and more diverse population.

The digital transformation of government services has emerged as a significant employment driver. Federal and emirate-level entities are accelerating the shift towards paperless operations, data-driven decision-making and AI-enabled public services. This has increased demand for systems architects, digital policy specialists and programme managers who can oversee complex technology deployments while ensuring regulatory compliance and data security.

Employers are also rethinking workforce structures as automation changes how tasks are performed. Routine administrative roles are increasingly being replaced or augmented by software platforms, while new positions are emerging in system oversight, process design and user experience management. Analysts say this transition is not eliminating jobs at scale but reshaping them, with a premium placed on adaptability and continuous learning.

Education and training institutions are responding by expanding programmes focused on digital skills, coding, data science and cyber resilience. Partnerships between universities, vocational institutes and multinational firms are becoming more common, aimed at aligning curricula with labour market needs. Corporate upskilling initiatives are also gaining traction as employers seek to retrain existing staff rather than rely solely on external hiring.

Wage dynamics are expected to reflect these shifts. Salaries in high-demand technology and specialist roles have been rising faster than the broader market, while competition for experienced professionals has intensified. Human resources consultants note that non-salary benefits, including flexible working arrangements, career progression pathways and residency incentives, are increasingly important in attracting and retaining talent.

The ServiceNow report places the UAE’s projected job growth ahead of many mature economies, where ageing populations and slower productivity gains are constraining employment expansion. By contrast, the UAE’s relatively young workforce, openness to foreign talent and willingness to adopt new technologies are seen as structural advantages.

Challenges remain, particularly around ensuring that job creation keeps pace with population growth and that skills mismatches do not widen. Economists warn that without sustained investment in education and training, shortages could emerge in critical areas, potentially pushing up labour costs and slowing project delivery. There is also a need to integrate more nationals into private-sector roles, a long-standing policy objective supported by wage subsidies, training schemes and regulatory measures.

Dubai’s metro and tram network will operate around the clock over the New Year period as authorities move to manage heavy holiday demand and ensure safe, continuous mobility across the city during one of its busiest travel windows. Services on the Red and Green Metro lines will begin at 5.00 a. m. on December 31 and continue without interruption until 11.59 p. m. on Thursday, January 1, […]

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