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Arabian Post Staff -Dubai Dubai’s Department of Economy and Tourism has signed a strategic agreement with HSBC Bank Middle East Limited aimed at drawing more multinational companies, institutional investors and high-net-worth individuals to the emirate, in a move that fits Dubai’s wider push to deepen capital inflows and strengthen its standing as a global business centre. The agreement was announced on April 13 and positions HSBC’s regional […]

Arabian Post Staff -Dubai Al Ansari Exchange has expanded its partnership with Etihad Credit Bureau, enabling individuals to obtain official credit reports through more than 285 branches across the UAE in a move that broadens physical access to personal financial data and underlines a wider push towards transparency in consumer finance. The service marks an extension of a relationship that had already covered corporate credit reports, and […]

Microsoft has lifted prices across its Surface hardware range, making its premium laptops and tablets significantly more expensive as a global memory shortage ripples through the personal-computer market and forces manufacturers to pass higher component costs on to buyers. The move places Microsoft alongside other device makers that have warned of steeper bills for DRAM and NAND components, with the pressure tied largely to booming demand from […]

Arabian Post Staff -Dubai Countries should avoid hoarding fuel supplies and imposing export controls that deepen shortages, the International Monetary Fund, World Bank and International Energy Agency said in Washington on Monday, as war-linked disruption in the Middle East drove oil back above $100 a barrel and sharpened fears over inflation, growth and food security. The three institutions issued the warning while opening a coordinated response aimed […]

Cisco is closing in on a deal to buy Astrix Security for as much as $350 million, according to multiple reports, in a sign that one of the world’s largest networking and security groups is moving faster to secure the fast-growing risks created by AI agents and other non-human identities inside large organisations. The talks, first reported on April 10, value the Israeli startup at roughly three […]

KK Éclat, a France-founded luxury skincare label with Hong Kong ties, has staged an invitation-only gala in Central after its UV and Pollution Blocker Cream won “Best Everyday Sunscreen” at the 2026 Vogue Hong Kong Beauty Awards, giving the brand a fresh marketing lift in an increasingly crowded premium sun-care market. Vogue Hong Kong’s awards coverage lists the product among this year’s winners, while the company said the celebration was held in March at The Pin, a private club in Central.

The company said more than 30 guests attended the dinner, including business figures, tastemakers and industry personalities, as founders Karen and Katherine used the event to underline the brand’s positioning at the intersection of prestige beauty and science-led formulation. The award matters because it comes from a high-visibility fashion and beauty title in Hong Kong, where premium skincare remains a strong draw and brand differentiation is increasingly tied to product efficacy claims, texture, convenience and visible daily-use appeal.

Vogue Hong Kong published a dedicated winners’ article on 22 March naming KK Éclat’s UV and Pollution Blocker Cream as the new “Best Everyday Sunscreen”, and a broader recap of the 2026 awards ceremony on 19 March also listed the same product in that category. That dual confirmation helps anchor the company’s claim to a recognised editorial accolade rather than a self-created brand distinction.

KK Éclat has built much of its identity around what it calls Nano Frame Technology, which the brand says helps active ingredients disperse evenly, remain on the skin surface where needed and deliver hydration over an extended period. On its website, the company presents itself as a science-backed luxury line designed for consumers with irregular routines, frequent travel and high exposure to urban stress. The product page and brand materials place the sunscreen within a broader narrative of multifunctional skincare that promises protection, hydration and cosmetic elegance in a single formula.

That pitch aligns with a wider industry shift. Market researchers tracking sun-care cosmetics say Asia-Pacific is one of the strongest growth regions for the category, with demand increasingly favouring SPF products that merge protection with skincare benefits and easy everyday wear. Industry analysis has also pointed to a move toward lighter, less visible formulas and premium products that can slot into daily beauty routines rather than sit apart from them as purely functional beachwear items.

KK Éclat’s own messaging leans heavily on a long-running debate in sunscreen formulation. Founder Katherine, speaking in the company-issued announcement, contrasted the white cast often associated with mineral blockers with continuing consumer questions around the absorption of some chemical filters. That is a commercially potent argument, though one that requires careful reading. US regulators and medical literature have indeed examined systemic absorption of certain sunscreen ingredients, but dermatology guidance continues to stress that sunscreen use remains essential and that both mineral and chemical formats can play an important role depending on skin type, tolerance and formulation.

For KK Éclat, the commercial challenge now is scale and credibility. Awards can accelerate awareness, especially for younger labels, but the premium skincare segment is unforgiving and crowded with multinational incumbents, heritage luxury houses and a fast-growing pipeline of boutique science-led brands. Vogue Hong Kong’s 2026 awards list itself illustrates that competitive backdrop, with winners spanning names such as Chanel, Dior, La Mer, Clé de Peau Beauté and SkinCeuticals alongside smaller players.

Mirax, an emerging Android banking trojan being marketed as a malware-as-a-service operation, is drawing attention from mobile security researchers after reports that it can do more than steal banking credentials. Analysts say the malware can remotely control infected phones and repurpose them as residential proxy nodes, giving cybercriminals a way to hide malicious traffic behind ordinary consumer devices while pursuing financial fraud across Europe. The threat stands […]

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The UAE Ministry of Education has moved to stamp out social media claims that distance learning will be extended until 1 May, saying no such decision has been issued and that the existing nationwide schedule remains unchanged. For now, remote classes continue until Friday, 17 April, across nurseries, kindergartens and public and private schools, with officials insisting that any further decision will be announced only through verified […]

Apple’s higher-memory Mac mini and Mac Studio models are becoming harder to buy in several markets, as pressure on the global memory supply chain collides with strong demand for AI hardware and growing industry talk of fresh desktop upgrades later this year. Apple continues to sell both desktop lines, but availability has tightened most visibly around customised configurations with larger memory allocations rather than entry-level machines. That […]

Michael Saylor’s Strategy has expanded its Bitcoin stockpile by another $1 billion, buying 13,927 coins between April 6 and April 12 and taking its total holdings to 780,897 Bitcoin, according to a filing lodged on April 13. The latest purchase was made at an average price of $71,902 per coin, while the company’s average cost across its entire treasury now stands at $75,577. Bitcoin treasury push gathers […]

By Nantoo Banerjee The country is experiencing a significant surge in commodity and transportation costs following geopolitical tensions in the Persian Gulf region and a weak Indian Rupee. Retail prices of daily essentials are rising rapidly. The prices of edible oils, pulses and packaged foods, including drinking water, have moved up since last month. Precious […]

The article Prices Are Fast Shooting Up Fanning Inflation appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

JAKARTA, INDONESIA/ MANILA, PHILIPPINES – Media OutReach Newswire – 13 April 2026 – Green and Smart Mobility Joint Stock Company (GSM) today announced the launch of its shared business platform, Green SM Platform, in Indonesia and the Philippines. This marks a strategic milestone following more than two years of international expansion, while opening up attractive livelihood opportunities for people across Southeast Asia’s urban centers.

From April 13, 2026, VinFast EV owners and renters in Indonesia and the Philippines can register to operate on the Green SM Platform.
From April 13, 2026, VinFast EV owners and renters in Indonesia and the Philippines can register to operate on the Green SM Platform.

Starting from April 13, 2026, owners and renters of VinFast electric vehicles in Indonesia and the Philippines can register to become service partners on the Green SM Platform. Developed within GSM’s fully electric mobility ecosystem, the platform is designed to expand driver and vehicle supply, while ensuring all operations are delivered under consistent, professional service standards.

Upon successful registration, driver partners will undergo structured training programs covering operational procedures and service standards to ensure a consistent and high-quality customer experience. The platform offers a competitive revenue-sharing model of up to 90%, along with performance-based incentive schemes, enabling driver partners to maintain stable income and pursue long-term development opportunities.

In parallel, Green SM Indonesia and Green GSM Philippines are introducing comprehensive support policies to help partners access vehicles more easily through VinFast electric vehicle purchase and rental programs. These initiatives reducebarriers to entry and accelerate the expansion of the driver network.

In Indonesia, partners can register for the program and quickly gain access to VinFast electric vehicle models such as VF 5, VF e34, VF 6, and Limo Green, enabling them to begin operation as soon as the required procedures . are completed. The model requires no loans or significant upfront investment, enabling drivers tobuild stable income streams.

In the Philippines, Green GSM is rolling out the program with VF 5 and Limo Green models, supported by comprehensivepolicies covering registration, insurance, and operations. This enables drivers to join the platform with ease and gradually build stable operations, with income potential aligned with local market conditions and business needs.

Notably, drivers operating VinFast electric vehicles will continue to benefit from free charging policies through March 31, 2029, significantly reducing operating costs and improving income efficiency.

Mr. Nguyen Van Thanh, Global CEO of GSM, said: “Green SM Platform is not only a step forward in service expansion, but also a solution to accelerate the transition to green mobility across Southeast Asia. By building an open platform with high service standards, we aim to rapidly increase the number of electric vehicles in operation, delivering a sustainable, modern, and reliable mobility experience for the community. This is a strategic move toward shaping a comprehensive green transportation ecosystem across the region.”

Amid growing demand for flexible employment in major cities, the Green SM Platform enables workers to quickly access vehicles, start earning, and generate stable income withoutlarge upfront investments or complex financing schemes. The platform rollout in Indonesia and the Philippines not only strengthens Green SM’s regional presence but also helps shape a sustainable urban mobility model, where technology, environmental responsibility, and livelihoods can grow in parallel.

Further information on the Green SM Platform, including partner registration and vehicle leasing programs, is available at:

Indonesia:
Website: https://platform.greensm.com/ID-id

Philippines:
Website: https://platform.greengsm.ph/PH-en

Hashtag: #GreenSM #GSM

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

South Korea’s exports rose 36.7 per cent from a year earlier in the first 10 days of April, extending a powerful trade run driven by semiconductor demand and offering fresh evidence that the country’s technology cycle remains firmly supported by global spending on artificial intelligence infrastructure. Outbound shipments reached $25.2 billion in the April 1-10 period, the highest ever recorded for the opening 10 days of a month, according to Korea Customs Service data carried by Yonhap on Monday.

The early-April figures reinforce a broader pattern already visible through the first quarter. South Korea, one of the world’s most closely watched export economies because of its central role in memory chips, displays and consumer electronics, has been benefiting from a steep recovery in semiconductor sales after a prolonged industry downturn. Reuters reported at the end of February that the country’s chip exports had jumped 160.9 per cent in that month alone, passing $20 billion for a third straight month as AI investment and stronger memory prices lifted demand.

Semiconductors were again the main engine in the latest 10-day release. Chip exports surged 152 per cent from a year earlier, underscoring how heavily South Korea’s trade performance is now tied to data-centre investment, high-bandwidth memory demand and the wider AI build-out led by large technology firms. That strength has helped offset a less even backdrop in other parts of the economy, where investment, household demand and external policy risks remain more mixed.

The export rebound matters well beyond monthly trade headlines. South Korea’s central bank raised its 2026 growth forecast to 2.0 per cent in February and signalled that a chip-led upswing was giving policymakers more room to hold interest rates steady while watching inflation and financial stability risks. Reuters also reported this month that central bank officials see strong semiconductor exports and an extra budget as factors easing downward pressure on growth, even as won weakness and higher energy costs complicate the inflation outlook.

Factory data has pointed in the same direction. A Reuters report on S&P Global survey findings showed South Korea’s manufacturing activity expanded in January at the fastest pace in nearly a year and a half, helped by stronger export orders from China, North America and Europe. Manufacturers reported improving optimism as orders strengthened in sectors such as autos and semiconductors, indicating that the recovery is not only statistical but also visible in production and order books.

Still, the trade picture is not free of risk. South Korea remains highly exposed to swings in global demand, to US trade policy and to supply disruptions linked to tensions in the Middle East. Reuters polling before the March trade data showed imports rising sharply as higher oil prices pushed up the energy bill, even while exports surged on semiconductor strength. That combination can support headline trade values, but it also leaves the economy vulnerable to a renewed squeeze from commodity inflation and currency volatility.

Another uncertainty lies in concentration. The same chip boom that is lifting exports also raises dependence on a narrow cluster of products and companies. South Korea’s trade resilience is being powered largely by memory and advanced semiconductor demand, especially products linked to AI servers. Investment plans such as SK Hynix’s announcement in February of 21.6 trillion won in new facilities show confidence in long-term demand, but they also underline how central the semiconductor cycle has become to the country’s broader growth model.

For now, the momentum remains hard to ignore. Reuters polling ahead of the March data had already pointed to the fastest export growth in nearly five years, with shipments to the United States and China both showing strong gains alongside the semiconductor surge. Monday’s early-April figures suggest that pace has carried into the second quarter, strengthening the case that South Korea’s exporters are entering another period of outsized performance after a weak stretch in 2025.

Arabian Post Staff -Dubai Global bond markets fell on Monday as the collapse of US-Iran peace talks shifted investor attention away from hopes of de-escalation and back towards a harsher inflation outlook, with oil above $100 a barrel reinforcing bets that central banks will keep borrowing costs elevated for longer. Government bond yields moved higher across major markets as traders reassessed how persistent energy-driven price pressure could […]

Hexagon has agreed to buy Waygate Technologies from Baker Hughes for about $1.45 billion in cash, giving the Swedish measurement technology group a bigger presence in industrial inspection and opening a new front in its push beyond traditional metrology. The deal, announced on Monday, hands Hexagon control of a business that supplies non-destructive testing equipment used to inspect critical components and assets without taking them apart or […]

Brussels is preparing to urge European Union governments to cut electricity taxes and trim power-grid charges, betting that cheaper power can both shield households and industry from the latest oil and gas shock and speed the shift towards cleaner technologies. The move comes as the European Commission tries to contain the economic fallout from surging fossil-fuel prices without abandoning the bloc’s longer-term decarbonisation plans. The recommendation would […]

Arabian Post Staff -Dubai AD Ports Group is accelerating its effort to turn itself from a Gulf port operator into a broader trade and logistics network, using expansion in Egypt, Africa, Pakistan and the Mediterranean to win a larger role in global supply chains as companies seek more resilient routes and integrated cargo services. For the Abu Dhabi-based group, 2025 marked another year of record financial growth. […]

OpenAI has accused Elon Musk of staging a last-minute legal manoeuvre ahead of a jury trial due to begin on 27 April in Oakland, California, deepening a dispute that has grown from a fight over the company’s founding ideals into one of the most consequential courtroom battles in artificial intelligence. The latest exchange came after Musk amended his claims against OpenAI and Microsoft, widening the remedies he […]

Google has moved to harden Chrome against one of cybercrime’s most effective tactics by making Device Bound Session Credentials publicly available for Windows users in Chrome 146, a step designed to stop attackers reusing stolen session cookies to enter accounts without passwords or multi-factor authentication. The change binds a signed-in web session to the user’s device, meaning a cookie lifted by malware should quickly become unusable on […]

Arabian Post Staff -Dubai Abu Dhabi-based Etihad Airways has unveiled one of its largest single-market expansions in years, adding five mainland China destinations and 28 weekly flights as it deepens its joint venture with China Eastern Airlines and sharpens its focus on a corridor carrying growing weight in trade, tourism and cargo. The move will lift Etihad’s mainland China operation to 35 weekly services across six gateways, […]

Asian buyers of liquefied petroleum gas are stepping up purchases from the United States and other Atlantic Basin suppliers as disrupted Gulf shipments upend one of the region’s most important fuel trades. India and China, the two biggest Asian importers of Middle East LPG, are at the centre of the shift, with traders, analysts and shipbrokers saying the scramble for replacement cargoes has pushed spot premiums to unprecedented levels and forced governments and industry to rethink supply security.

The immediate trigger has been the collapse in exports from the Gulf after the outbreak of war in late February and the severe disruption of shipping through the Strait of Hormuz. Middle Eastern LPG exports fell 73% in March from the previous month to 419,000 barrels per day, according to Kpler data cited by Reuters. The squeeze sent April-loading spot premiums for propane and butane from the Gulf to record highs of $250 a tonne over March Saudi contract price swaps, while Saudi Aramco lifted its April official selling price for propane by $205 a tonne to $750 and for butane by $260 a tonne to $800.

That shock is now reshaping trade flows. Preliminary Kpler data show U. S. LPG exports are expected to rise to a record 2.7 million barrels per day in April, with about 1.8 million barrels per day heading to Asia, up 14% from March. Traders say cargoes are also being drawn from Canada, Norway, Argentina and Australia, but the United States has emerged as the principal swing supplier because of its sheer export scale. Marex’s Vasudev Balagopal told Reuters that major importers were actively diversifying beyond the Gulf, although brokers caution that U. S. export terminals were already running close to capacity before the conflict and cannot fully replace Middle East barrels on their own.

The substitution is costly and slow. U. S. Gulf terminal fees for propane and butane hit record levels in March, and cargoes from the Gulf Coast to Asia typically take more than 30 days to arrive, compared with roughly two weeks from the Middle East. Even where a ceasefire has allowed some movement through Hormuz, traders are treating the route as fragile and unpredictable. Reuters reported on April 11 that some tankers had begun exiting the Gulf after a truce, but hundreds of vessels remained stranded or delayed, underlining how quickly physical dislocation can outlast any diplomatic pause.

India’s position illustrates the strain most clearly. The country consumed 33.15 million metric tonnes of LPG last year, with imports covering about 60% of demand and roughly 90% of those imports sourced from the Middle East. State-backed retailers have kept prices for 14.2-kg domestic cylinders unchanged to protect households, even as commercial LPG prices were raised in April and the government diverted supplies away from industry to shield cooking-gas consumers. Reuters also reported that India increased domestic daily LPG output by 40% to 50,000 tonnes and secured 800,000 tonnes of replacement cargoes from the United States, Russia, Australia and elsewhere.

Officials in New Delhi are also using the shortage to accelerate a structural shift towards piped gas. Emergency powers have been invoked to direct limited LPG toward households, while expansion of city gas networks has been fast-tracked. India added 580,000 new household piped-gas connections in March, up sharply from a year earlier, and credit-rating agency ICRA estimates the policy push could cut LPG imports by 10% to 15% by 2030. The fiscal logic is clear: household LPG is sold at deeply subsidised rates, while piped gas is priced closer to the market, easing pressure on public finances as well as on import dependence.

China faces a different kind of pressure. There, LPG is not only a cooking fuel but also a crucial petrochemical feedstock. Rystad Energy estimates regional steam crackers lost about 135,000 barrels per day of LPG demand in March from February levels, with further declines expected in April and May. In China, propane dehydrogenation plants, already running at only 60% to 65% because of weak margins before the conflict, are expected to cut operating rates again as feedstock shortages bite. That matters beyond the energy sector because PDH plants make propylene, a building block for plastics and a wide range of manufactured goods.

Arabian Post Staff -Dubai Saudi Arabia has restored full pumping capacity on its East-West pipeline to about seven million barrels a day, reactivating a strategic export artery that has become central to global crude flows during the disruption of shipping through the Strait of Hormuz. The Ministry of Energy said operational and technical teams brought the line back to full strength within days of attacks that had […]

DIAFA, the Abu Dhabi-based luxury hospitality investment platform affiliated with IHC Group, has completed a majority investment in Richard Caring’s hospitality portfolio in a deal described as ten-figure, placing a value of at least £1 billion on a collection of some of London’s best-known restaurants and private members’ clubs. The transaction brings The Ivy Brasseries, Caprice Holdings and The Birley Clubs under DIAFA’s control, while Richard Caring […]

Arabian Post Staff -Dubai Qatar Islamic Bank has been named Qatar’s best private bank at the Euromoney Private Banking Awards 2026, handing the lender a prominent endorsement in a market where domestic banks and international wealth managers are competing more aggressively for high-net-worth clients seeking personalised advice, Shari’a-compliant products and stronger digital access. Euromoney’s national winners list for Qatar names QIB as the country’s best private bank […]

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA