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Chinese President Xi Jinping delivered a bold address at the Shanghai Cooperation Organisation summit in Tianjin, asserting China’s leadership role in global affairs and unveiling a series of strategic initiatives—most notably a new AI cooperation centre and a development bank—that signal an assertive pivot towards a multipolar world order. With over 20 leaders present, including Russian President Vladimir Putin and Prime Minister Narendra Modi, the summit stood […]

As the first event held at the newly inaugurated Vietnam Exposition Center in Hanoi, the exhibition titled “80 Years of Independence – Freedom – Happiness” has become a symbol of a modern, ambitious, and globally engaged Vietnam. HANOI, VIETNAM – Media OutReach Newswire – 2 September 2025 – Anyone who finds themselves in Hanoi these days can sense that history is not just something written on faded […]

The European Union is preparing to postpone taxes on aviation and shipping fuels until 2035 under its energy tax reform, a move that significantly delays the implementation of climate-aligned taxation for these sectors. A draft proposal endorsed by Denmark, the current holder of the EU presidency, outlines this extension and is slated for discussion among member states in Brussels, with an aim to reach agreement in November. […]

HUZHOU, CHINA – Media OutReach Newswire – 2 September 2025 – A series of activities highlighting ecological progress were held on August 15th as the country embraces its third National Ecology Day. The focus is on protecting the ecological environment, addressing climate change and how China’s meteorological departments are taking action. This year it was Yucun Village, nestled in Anji County of Zhejiang Province in eastern China […]

HAMBURG, GERMANY – EQS Newswire – 1 September 2025 – Preferred Supply Agreements (PSAs) have been awarded for supply of monopile foundations to EEW Special Pipe Construction GmbH, transition pieces to Dajin Heavy Industry, foundation transportation and installation to Seaway7 and inter-array cable supply and installation to the consortium of Boskalis and TKF. The Gennaker project is securing employment local to the project in the Mecklenburg-Vorpommern region […]

EdgeConneX has secured a second site in the Greater Osaka–Yawata region, expanding its Japanese data centre capacity to a combined total of 350 MW of utility power. The newly acquired location is slated to deliver an additional 150 MW once fully built, complementing the 200 MW project unveiled earlier in the year.

A formal ceremony marking this milestone occurred on 7 August, in partnership with Keihan Real Estate — a subsidiary of the Keihan Group, rooted in over a century of railway heritage and now operating across transportation, property, retail and leisure sectors.

EdgeConneX’s entry into Japan began in January 2025 with the announcement of its inaugural 200 MW campus in the Greater Osaka–Kyoto area. Construction of that site is slated to commence in early 2026, with the first phase expected to be operational by the fourth quarter of 2027.

The company’s rapid expansion—achieving 350 MW in just over six months—underscores the burgeoning requirement for cloud and high‑density AI infrastructure in one of Asia’s most dynamic digital markets.

Designed to support workloads exceeding 600 kW per rack, both facilities will deploy EdgeConneX’s “Ingenuity” high-density product suite, tailored to accommodate advanced hardware from NVIDIA, AMD and Intel.

EdgeConneX has reaffirmed its commitment to sustainability, aiming for carbon, waste and water neutrality by 2030. All Japanese data centres are to be powered by renewable energy, efforts that have helped the firm earn top marks in both efficiency and transparency in Structure Research’s 2023 and 2024 Environmental Impact rankings.

Masahiko Inoue, Head of Japan for EdgeConneX, conveyed that the swift deployment demonstrates the firm’s vision taking tangible form, reinforcing Japan’s role as a global Cloud and AI frontrunner. Sam Lee, Managing Director for Market & Commercial Development, highlighted that this expansion reflects EdgeConneX’s strategy to deliver scalable, dependable and eco-conscious infrastructure in a market facing power constraints amid rising digital demand.

This development underscores Osaka’s evolving status as a critical node for digital infrastructure in Japan, aligning with national ambitions such as the “Digital Garden City Nation” vision. As the Japanese government and private sector chart pathways toward accelerated digital transformation, EdgeConneX’s presence positions it among the largest data centre operators in the Kansai region.

Novacore Innovations, based in Mumbai, has launched India’s inaugural GPU cloud platform built around NVIDIA’s Blackwell‑based B200 servers. The platform, powered by a ₹44.6 crore line of credit led by Rashi Fincorp with backing from U. S. and Abu Dhabi investors, is being deployed in Hyderabad to serve startups, researchers and enterprises across India, the U. S. and the Middle East.

This GPU‑as‑a‑service offering centres on the NVIDIA B200, an iteration of the Blackwell architecture that boasts up to 2.3× higher peak performance and double the real‑world AI speed over its predecessors. It is equipped with 192 GB of HBM3e memory, 8 TB/s bandwidth, fifth‑generation tensor cores and dual transformer engines, which collectively accelerate training by up to 3× and inference throughput by as much as 15×, while enhancing energy efficiency up to 25×.

Novacore’s co‑founders, Ranbir Badwal and Aryamaan Singhania, credit India’s low energy costs, technical workforce and Hyderabad’s robust data‑centre ecosystem for enabling this development. They emphasise that the platform offers lower hosting costs, rapid provisioning, and scalable compute for generative AI, large language models, scientific computing and real‑time analytics.

As an incentive to foster uptake, Novacore is offering trial access to qualifying startups and research labs across its target markets.

The platform also aligns with wider developments in India’s AI infrastructure. NVIDIA is collaborating with major domestic firms such as Reliance and Tata to expand locally hosted AI data‑centre capabilities powered by renewable energy, supporting India’s sustainability and net‑zero objectives. Meanwhile, the domestic AI‑as‑a‑service market is forecast to expand at a compound annual growth rate of roughly 26.4 percent, reaching an estimated $31.94 billion by 2031.

The launch of this platform by Novacore marks a significant enhancement in India’s ability to support advanced, high‑performance AI workloads locally. Transactions such as a similar move by CoreWeave in North America—deploying Blackwell Ultra GPUs commercially in July 2025—highlight a global push toward increasingly capable and efficient AI infrastructure.

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A striking nebula shaped like a cosmic hand has emerged even more mysterious in a newly released composite view that blends X‑ray and radio data. At its centre lies the pulsar B1509‑58—an intensely rotating neutron star barely 12 miles across—which drives a vast nebula, MSH 15‑52, extending some 150 light‑years. Astronomers, led by Shumeng Zhang of the University of Hong Kong, have juxtaposed imagery from NASA’s Chandra X‑ray […]

Connecting thousands of community members with the annual Volunteer Day HONG KONG SAR and SHANGHAI, CHINA – Media OutReach Newswire – 1 September 2025 – Hang Lung Properties Limited (SEHK stock code: 00101) (the “Company” or “Hang Lung”) announced its kick-off of the 65th anniversary celebration month, featuring extensive promotions across Hong Kong and eight cities in mainland China. Together with its annual Nationwide Volunteer Day, the […]

Greenlogue/AP The United Arab Emirates is elevating its contribution to the global clean‑energy shift through an ambitious expansion of solar generation capacity, backed by major state and private entities, spanning domestic projects and international initiatives. Domestically, the Al Dhafra Solar PV project near Abu Dhabi, boasting a capacity of 2 GW, remains one of the world’s largest single‑site solar power plants and significantly bolsters the UAE’s installed solar capacity […]

Nigeria’s energy shortfall continues to constrict economic potential, affecting millions of homes and businesses, prompting a call from Ronald Adams—Chairman of the off‑grid impact fund All On and Managing Director of Shell Nigeria Exploration and Production Company —for substantial private investment to close the gap. Addressing business leaders at the Lagos Chamber of Commerce and Industry’s 2025 International Business Conference & Expo, Adams highlighted that over 80 million Nigerians lack […]

Pepeto has secured over $6.5 million in presale funding, driven by an operational ecosystem that includes a zero‑fee decentralised exchange, staking rewards exceeding 230 per cent APY, and independent audits—a suite of features positioning the token as a serious contender amid meme‑coin revival.

At its Ethereum‑based core, Pepeto boasts PepetoSwap, a DEX offering fee‑free, fast trading, alongside PepetoBridge, enabling seamless cross‑chain transfers without intermediaries—all built on the security of Ethereum’s mainnet. Audits conducted by SolidProof and Coinsult reinforce its transparency credentials, a notable departure from many fleeting meme‑coin projects.

The presale’s momentum stems from strong investor appetite. Millions have poured into the token, with reports showing more than $6.2 million raised by Stage 10—completed ahead of schedule—and over $6.5 million amassed as the presale continues. Token pricing has incrementally increased across presale stages, intensifying urgency among investors hoping to enter early.

Pepeto’s tokenomics reflect a deliberately structured approach: 30 per cent allocated to presale distribution, another 30 per cent to staking incentives, 20 per cent for marketing, 12.5 per cent for liquidity, and 7.5 per cent reserved for development. The absence of team wallets and trade taxes further underscores a model designed to align with holder interests.

Community engagement appears healthy; over 100,000 followers on social platforms are amplifying the narrative around Pepeto—and its product rollout, including a public demo exchange, has already lifted awareness and participation.

Analysts compare Pepeto’s structure favourably to early meme‑coin success stories. Some suggest that the ecosystem, staking mechanics, and infrastructure could drive returns of 30× to 70×—or more—if broader market conditions align, drawing parallels to Shiba Inu’s legendary run but with stronger fundamentals.

Broader industry commentary frames Pepeto as more than a hopeful token—it is being touted as the meme‑coin with legs in 2025, combining utility with the viral energy typically absent in the category. A few analysts even liken Pepeto’s potential trajectory to a “next‑BNB‑style” breakout following exchange listings.

Still, the meme‑coin landscape remains inherently speculative. While Pepeto addresses familiar structural weaknesses—such as high fees and opaque governance—its success will depend on sustained investor interest, execution of its infrastructure, and broader crypto market cycles. History cautions that meme‑coins often fade when hype fades.

If Pepeto translates infrastructure into adoption, it may carve out a path distinct from prior meme plays. Early investors, particularly those securing tokens at the current presale price—estimated at approximately $0.000000150—stand to gain significantly should the token replicate past meme-coin rallies, albeit with arguably enhanced foundation.

The Ministry of Economy and Tourism has signed a Memorandum of Understanding with Dubai Science Park to reinforce legal and technical assistance for patent registration and intellectual property protection. The agreement is set to ease processing procedures and support businesses across TECOM Group’s business districts.

Support will extend to companies located in Dubai Science Park and other hubs such as Dubai Internet City, Dubai Media City, and Dubai International Academic City. The collaborative framework introduces expert guidance and streamlined mechanisms for innovators, aiming to enhance patent registration and commercialisation both locally and internationally.

Dr Abdulrahman Al Muaini, Assistant Undersecretary for the Intellectual Property Sector at the Ministry, emphasised a sustained commitment to fostering the national innovation ecosystem through partnerships that bolster IP protection capabilities. Marwan Abdulaziz Janahi, Senior Vice‑President of Dubai Science Park along with Dubai Knowledge Park and Dubai International Academic City, described the pact as a catalyst for accelerating research and innovation with global resonance.

Growth in patent activity underscores the impetus for such a partnership. From January to July 2025, the Ministry recorded 1,221 patents, up from 466 for the equivalent period in the prior year. Meanwhile, patent applications rose to 2,430 from 1,996 in the same timeframe. This solid year‑on‑year increase signals both institutional and societal recognition of the strategic importance of intellectual property.

Dubai Science Park serves as a key component of the UAE’s innovation infrastructure, hosting over 500 entities—including global firms such as AstraZeneca, BeiGene, and Pfizer—and facilitating the work of more than 6,500 professionals in the life sciences, energy and environmental sectors. Facilities include Grade‑A offices, LEED‑certified laboratories, and sophisticated logistics infrastructure.

The MoU also introduces outreach initiatives—for instance, workshops, training sessions, and awareness campaigns—designed to enhance IP literacy among business owners and innovators across TECOM’s network of districts.

This agreement aligns with the UAE’s long‑term strategy to transform into a knowledge‑based economy by 2031. It reflects a broader ambition to position the nation as a global centre for innovation and research by providing creators with robust protections for their intellectual property.

The new MoU follows earlier initiatives such as the Accelerated Patent Grant agreement with the United States Patent and Trademark Office, which aimed to speed up UAE patent approvals for inventions granted in the United States. Furthermore, the Ministry’s ‘Green IP Roadmap’ introduced accelerated registration for sustainable and eco‑friendly innovations—pushing to reduce registration timelines from 42 months to six and increasing patent numbers to 6,000 by 2026.

By Nitya Chakraborty The tariff war declared by the United States President Donald Trump against India by imposing a total duty of 50 per cent on Indian exports to the USA effective August 27 this year, is having its impact on the economic relations between the two powerful economies of Asia , China and India. […]

Highlights of the Interim Results for the Six Months Ended June 30, 2025: Benefiting from the sustained growth in AI computing power demand, the demand for chips has grown significantly across related industries, driving the Group’s revenue up by approximately 54.5% year-on-year to RMB6,676.5 million. The Group recorded a gross profit of approximately RMB585.9 million, and a net profit of approximately RMB190.0 million. Profit attributable to equity […]

Greenlogue/AP Veolia has moved to acquire the remaining 30 per cent stake in its Water Technologies and Solutions subsidiary from CDPQ, in a deal valued at around US$1.75 billion, positioning the company for greater strategic agility and cost-efficiency. The transaction is expected to bring about €90 million in run‑rate cost synergies by 2027, simplification of the group’s structure, and added value through streamlined decision‑making and integration. The move forms […]

Mozambique’s authorities have approved projects totalling more than US$4.2 billion during the first half of 2025, with investment concentrated in the industrial, agro-industrial and tourism sectors. Gil Biles, director-general of the Agency for Investment and Export Promotion, made the disclosure at the South Africa–Mozambique Business Forum, held alongside FACIM 2025. He identified the Dondo Industrial Park among the standout ventures, characterising it as one of the most […]

South African President Cyril Ramaphosa unveiled a G20 taskforce led by Nobel Prize‑winning economist Joseph Stiglitz, aimed at scrutinising global wealth inequality and its consequences for economic growth, poverty and cooperation among nations. This pioneering effort marks the first time the G20 has deployed such a specialised group of independent experts, with findings due to be presented at the Johannesburg summit in November 2025. The six‑member panel […]

Arabian Post Staff -Dubai Pre‑orders for Huawei’s second‑generation Mate XTs smartphone have begun in China, ahead of its unveiling scheduled for 4 September. The device does not have an official US release at this time. The Mate XTs, slated for presentation on 4 September at 14:30 China time, retains the tri‑fold, or “S‑style”, design of its predecessor while introducing refinements such as two new finishes—white and crimson purple—and a more […]

Global logistics investor GLP will receive up to $1.5 billion from a wholly owned subsidiary of the Abu Dhabi Investment Authority, signalling the sovereign wealth fund’s first move from limited partner to direct stakeholder in the firm. The initial capital deployment of $500 million is earmarked for expanding GLP’s operations in logistics, digital infrastructure, and renewable energy, with further investment to follow in coming months.

The capital infusion aligns with growing global demand across sectors driven by e‑commerce growth, artificial intelligence and cloud adoption, and the green energy transition. GLP’s data‑centre division is notably thriving: its annual revenue surged 43 percent year‑on‑year to US $193 million.

GLP oversees approximately US $80 billion in assets through its management arm, GLP Capital Partners. This move marks a strategic shift for ADIA—long an investor in GLP’s funds—into becoming a direct shareholder in the global investment group.

In a statement, GLP co‑founder and chief executive Ming Z Mei emphasised that the enhanced capital base and strategic partnership will enable the company to “accelerate growth” and capitalise on the “secular expansion of new economy sectors in which we operate.” Mohamed Al Qubaisi, executive director of ADIA’s real estate department, noted that the transaction deepens their longstanding relationship with GLP and supports its next growth phase while scaling exposure to new economy segments.

The investment supports GLP’s diversified global platform. The firm has operations across Brazil, China, Europe, India, Japan, the US, and Vietnam, spanning logistics real estate, data centres and renewables. Moreover, the investments come amid escalating interest in digital infrastructure, particularly data centres, which are seen as pivotal to AI and cloud services growth.

GLP’s momentum is further underlined by recent capital inflows from regional partners. In China, the company secured 2.5 billion yuan from Zhejiang government‑backed investors to boost its data‑centre operations. Earlier in the year, GLP completed the sale of its ex‑China funds management business to Ares Management for US $3.7 billion, in a deal partly financed with cash and equity. The company also retains stakes in those funds and has backed Ares’s first Japanese data‑centre fund, which completed a US $2.4 billion final closing in June.

GLP’s evolution over the past decade provides further context for this development. Founded in 2009 by Ming Z Mei and Jeffrey H Schwartz, the firm originated as Global Logistic Properties. It went public in 2010 in what was at the time Singapore’s largest IPO. It was taken private in 2018, following a leveraged buyout led by a private‑equity consortium. The company has since transformed into a multi‑sector platform across logistics, digital infrastructure and renewable energy.

On the other side, ADIA stands as one of the world’s largest sovereign wealth funds, managing a diversified global portfolio across asset classes including real estate, private equity and data‑centre platforms. This leap into a direct stake in GLP underscores the fund’s strategy of pursuing active positions in entities driving structural sectoral growth.

By T N Ashok NEW YORK: Trump’s 50% tariffs on Indian exports took effect from Wednesday as there has been no resolution to the dispute over Russian oil buys in by India. In a move that has stunned global markets and rattled one of America’s most strategically important partnerships, President Donald Trump on Wednesday imposed […]

UAE companies are recalibrating their compensation strategies amid evolving market pressures, rising costs, and intensifying competition for skilled professionals.

Salary growth across the board is projected at a modest 4 per cent in 2025, reflecting economic moderation rather than exuberance. Mercer’s Total Remuneration Survey indicates that more than 28 per cent of firms plan to increase headcount, signalling a continuing demand for talent despite budgetary constraints. In-demand sectors such as technology, life sciences, and consumer goods are expected to see slightly higher increases—around 4.2 to 4.5 per cent—while energy and financial services align with the broader average.

MaxHR’s projections paint a slightly more optimistic picture for key verticals: salary hikes for technology roles could reach 8–12 per cent, while finance and banking roles may grow by 5–7 per cent, significantly outpacing other industries.

Employers are embracing variable compensation as cash-strapped budgets and workforce expectations diverge. There is a growing preference for pay-for-performance models, personalised benefits, and flexibility—designed to engage younger professionals who prioritise purpose and work-life integration alongside financial reward.

These shifts align with broader market signals. Tuscan Consulting notes that after post‑pandemic salary surges, firms are now reassessing compensation strategies, balancing retention needs with cost control. Executive packages increasingly include sign‑on or retention bonuses, deferred incentives, and more nuanced benchmarking—often comparing pay between UAE and KSA to remain competitive.

Yet not all data points suggest growth. Business Insider reports that salaries across the UAE may remain flat in 2025, attributed to a swelling expat population that expands the available talent pool and reduces pressure on employers to offer premium pay. Meanwhile, exponential increases in living costs—rent rose 16 per cent in the prior year—have squeezed middle-income professionals, eroding disposable income despite tax‑free earnings.

At the same time, the Dubai government is extending a labour-market lifeline to targeted expatriates, offering roles with monthly salaries up to Dh 50,000. This contrasts with the broader cautious recruitment trends in the private sector, where AI, automation, and tax uncertainties are prompting a more measured approach to hiring.

Dubai’s finance sector is expanding—hiring regulators, investment bankers, and compliance professionals to match its rapid growth. Compensation packages often exceed those in London by up to four times once tax advantages and relocation benefits are included, although professionals note that reward expectations and infrastructure pressures are testing the city’s appeal.

A cohesive picture emerges: employers are shifting from purely salary-driven offerings to total-reward packages that integrate flexibility, performance incentives, and career development. While headline salaries may be easing off, especially for mid-tier roles, specialized sectors and public entities continue to push compensation envelopes to secure talent and drive strategic priorities.

BAODING, CHINA – Media OutReach Newswire – 28 August 2025 – At the GWM Hi4 Technology Global Launch Event on August 27, 2025, Jack Wey, Chairman of GWM, took the timeless “working in harmony with nature” wisdom of Dujiangyan, a world cultural heritage site, as a starting point to in-depth interpret the engineering philosophy and innovative value of GWM Hi4 technology, which resonated widely across the industry. […]

HONG KONG SAR / SINGAPORE – Media OutReach Newswire – 28 August 2025 – Regent Hong Kong has been crowned the Best Hotel in Hong Kong 2025, earning the prestigious Best Brand Hotel title at this year’s Virtuoso Travel Week in Las Vegas. This global recognition by Virtuoso’s network of elite travel agencies, advisors, and partners underscores Regent’s reputation for unparalleled service, refined design, and a timeless […]

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