Grindr has agreed to pay £26 million to resolve a UK group action brought by thousands of users who alleged the dating platform unlawfully processed sensitive personal information and misused private data before 2020. The settlement, reached on September 2 and disclosed in a filing with the US Securities and Exchange Commission, ends proceedings in the High Court of England and Wales without any finding or admission […]
Hunter Biden’s newly launched LAPTOP memecoin lost about 99 per cent of its value within its first hour of trading on Wednesday, turning a hypothetical $1,000 purchase near its early peak into roughly $10 as prices collapsed below $2. The token, launched on Coinbase’s Base blockchain, traded near $190 to $200 shortly after opening before plunging to below $4 within minutes and later falling under $2 on […]
Arabian Post Staff -Dubai Iran has warned crews aboard oil tankers in Kuwaiti and Bahraini ports to leave their vessels immediately, threatening retaliatory strikes after US forces destroyed five Iranian crude carriers in an escalation of the conflict around the Strait of Hormuz. The warning, issued by Iran’s Islamic Revolutionary Guard Corps Navy, said tankers at anchor or alongside port facilities in the two Gulf states could […]
Arabian Post Staff -Dubai The United Arab Emirates is accelerating alternative routes for energy exports and trade to reduce its exposure to disruption from the war with Iran, presidential adviser Anwar Gargash said on Monday. “Our energy exports will not be held hostage, nor will our trade and economic activity,” Gargash told the Hili Forum in Abu Dhabi, saying the government was expanding port capacity on the […]
Arabian Post Staff -Dubai Iran plans to declare a new exclusion zone near the Strait of Hormuz after its forces targeted three oil tankers and three US-linked vessels in retaliation for American strikes on Iranian shipping, raising risks to commercial traffic through the Gulf. Mohsen Rezaei, secretary of Iran’s Supreme National Security Council, said the proposed zone would extend from what Tehran describes as the US naval […]
By Prosenjit Biswas, Head of Marketing at Masdar EOR How can a foreign company hire employees in the UAE without setting up its own local entity? This is a common situation for international companies entering the UAE. You may want to hire one employee, build a small team, mobilise people for a project, or simply test the UAE market before committing to establishing your own company. The […]
Soekarno-Hatta International Airport, the country’s busiest gateway, halted operations after volcanic ash was detected around the airport. The suspension, initially imposed during the early hours, was extended as officials monitored changing ash concentrations and wind patterns.
Radin Inten II International Airport in Lampung also stopped flights, while Halim Perdanakusuma Airport in Jakarta and Budiarto Airport at Curug were among other facilities temporarily closed as a safety precaution. Indonesia’s disaster management agency said four airports had been shut at different times by early Sunday, with further operational decisions dependent on ash conditions.
The disruption widened as the day progressed. Airport authorities said 301 flights, including 58 international services, were affected by closures and related restrictions. Airlines cancelled, delayed or rescheduled services linking Jakarta with destinations including Singapore, Kuala Lumpur, Hong Kong, Doha, Sydney, Seoul and Amsterdam.
Civil Aviation Director General Lukman F Laisa said the disruption at Soekarno-Hatta alone affected 209 flights and 22,798 passengers. Sixteen international flights were cancelled, seven delayed and five rescheduled, while four domestic services were cancelled and one diverted.
The Meteorology, Climatology and Geophysics Agency, known as BMKG, said satellite analysis on Sunday morning showed two broad clusters of volcanic ash extending across Banten, Jakarta, West Java and towards Bengkulu. The agency intensified round-the-clock monitoring of the eruption’s effects on the atmosphere, aviation and waters around the Sunda Strait.
BMKG said ash at altitudes of up to 20,000 feet was moving generally eastwards and affecting parts of Jakarta, Banten and West Java, while another plume reaching as high as 50,000 feet was spreading westwards over Banten, Lampung, Bengkulu, the southern Sunda Strait and the Indian Ocean.
The agency said it had issued 50 Significant Meteorological Information, or SIGMET, warnings since the eruption began late on Friday. Such advisories alert aircraft operators to hazardous atmospheric conditions that can affect flight safety.
Volcanic ash poses a serious risk to aircraft because fine particles can damage engines, impair visibility and affect navigation and other systems. Authorities said airport operations would resume only when assessments showed conditions were safe.
Anak Krakatau’s activity had continued from about 11.07 pm on Friday, according to the National Disaster Management Agency. Monitoring recorded sustained eruptive activity accompanied by rumbling, booming sounds and lava fountains. Officials maintained close observation as ashfall reached populated areas around the Sunda Strait.
The eruption also disrupted daily life beyond aviation. Authorities distributed masks in affected communities and urged residents exposed to ash to reduce outdoor activity and use protective coverings. Schools in some areas suspended activities, while fishing was restricted around waters considered vulnerable to volcanic hazards.
No casualties were reported from the eruption, and authorities had not ordered a broad evacuation. Disaster officials continued to warn people and vessels to observe exclusion zones around the volcano and follow instructions from monitoring agencies.
Authorities also began weather-modification operations aimed at encouraging rainfall to help clear ash from affected areas, while aviation and disaster agencies coordinated forecasts, airspace warnings and airport inspections. Officials stressed that closure periods could be shortened or extended as conditions changed. The transport ministry said safety assessments would take priority over efforts to restore schedules, with airlines expected to reposition aircraft and crews once airports reopened. The spreading ash also created knock-on disruption at airports outside the closure zone as carriers adjusted rotations and connections across Indonesia’s domestic and international network.
Ferry services across the Sunda Strait continued operating with precautions, preserving the main sea connection between Java and Sumatra despite the aviation disruption. Port authorities were advised to remain alert to changing volcanic conditions and ash movement.
CoinRabbit has been named Best Crypto Lending Platform 2026 by International Business Magazine, adding an industry accolade to the crypto-backed lender as it expands beyond loans into broader digital-asset capital management. The Toronto-based company said the recognition covers a lending operation that has originated more than $1.45 billion in crypto-backed loans since its launch in 2020. International Business Magazine lists a 2026 awards programme and says its […]
The World Meteorological Organization has warned that the developing El Niño could become the strongest observed in decades, sharply increasing risks of extreme heat, droughts and floods into 2027. The UN weather agency said El Niño is now firmly established across the tropical Pacific and is expected to strengthen into a very strong event before peaking towards the end of 2026. Forecasts from WMO global prediction centres […]
Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has approved a Dhs20,000 minimum monthly living standard for government employees, retirees and families receiving social assistance, with the measures taking effect from September 1. The package will benefit 31,979 employees, retirees, citizens and families and add more than Dhs1.187 billion to Sharjah government expenditure each year, according to official figures released on […]
ABUJA, Nigeria – EQS Newswire – 3 September 2026 – The Nigeria NOW! takes place on 19 and 20 November at the Bola Ahmed Tinubu International Conference Centre, under the patronage of the Honourable Minister of Solid Minerals Development, Dr Dele Alake. Between 500 and 600 delegates are expected across energy, infrastructure and mining.
The Federal Ministry of Solid Minerals Development is partnering with EnergyNet to deliver the first Nigeria NOW!, and has committed to remain involved through the preparatory period rather than at the event alone. The Ministry hosted the Abuja launch, secured the patronage of the Honourable Minister, and convened three further federal ministries as deliberate participants.
Speaking at the launch through Engr. Obadiah Simon Nkom, Director-General of the Mining Cadastre Office, Dr Alake set out why four ministries participate rather than one. Infrastructure, licensing, financing, technology, security and market access fall across several mandates, and no single ministry can answer an investor’s questions on all of them.
Why Nigeria
Nigeria now issues no mining licence without a plan for a local processing plant. The rule has been applied consistently and the investment following it includes a $1.3 billion partnership with the Africa Finance Corporation covering an alumina refinery, geological mapping and exploration support, a $600 million lithium processing plant near the Kaduna-Niger border, and a $200 million lithium refinery outside Abuja.
The first working demonstration is already running. A lithium plant at Endo in Nasarawa State, commissioned on 2 July, processes 6,000 tonnes of ore a day on around $250 million of investment. Sector revenue reached over 38 billion naira in 2024 against 6 billion the previous year. A memorandum signed with Türkiye in May covers exploration, technology transfer, digitalisation and training, and the Solid Minerals Development Fund began awarding exploration grants in July under its new EMERGE endowment.
Nigeria’s power sector is moving on the same principle of decentralised decision-making. Two years into the Electricity Act 2023, the Nigerian Electricity Regulatory Commission has transferred regulatory oversight to sixteen subnational commissions, giving states authority over their own electricity markets for the first time. The Nigerian Sovereign Investment Authority has put domestic capital behind distributed renewable energy, and industrial self-supply has reached 200MW, with a steel plant among the projects breaking ground against it.
Dr Alake’s own formulation is that the days of exporting raw minerals from pit to port are over.
What the Expo covers
Nigeria NOW! brings government, investors, project developers, financial institutions and development partners together around three sectors, energy, infrastructure and mining, with a focus on projects, capital and partnerships rather than announcements alone. The programme runs across two days at the Bola Ahmed Tinubu International Conference Centre in Abuja.
“This is the first Nigeria NOW! held in Nigeria, and the Ministry’s commitment to stay involved through the preparatory period is what makes it different from a conference that arrives and leaves,” said Abdoulaye Sylla, Portfolio Manager and Head of Corporate Development at EnergyNet. “We expect between 500 and 600 delegates, and the Ministry has asked that the Expo be judged on what is delivered after it closes.”
Partners
Nextier joins the Expo as Official Advisory Partner, providing strategic advisory and media support across the programme.
The Nigerian Indigenous Women in Mining and Natural Resources Organisation (NIWIMNRO) joins as Women in Mining Partner. The network was recognised at the Abuja launch with EnergyNet’s Leadership Award and a $25,000 grant, following a year in which it took its work with women artisanal miners from three states to all six of Nigeria’s geopolitical zones, adding protective equipment, mobile medical visits and cooperative registration to the training programme it began with.
Women in Mining joins as Women in Mining in Nigeria Partner; The Lagos State Ministry of Energy and Mineral Resources joins as Lagos State Sponsor; The Electricity Hub joins as Official Podcast Partner.
YES! Nigeria
The Youth Energy Summit runs alongside Nigeria NOW! on 20 November at the same venue, bringing young professionals and entrepreneurs into the same building as the investors and ministries. The Youth Sustainable Development Network joins as a partner for the Nigerian edition, alongside the University of Abuja’s Centre for Entrepreneurship Development and Students as YES! Supporting Partner.
Distributed by APO Group on behalf of EnergyNet Ltd.
Download Image (1): https://apo-opa.co/4gIB9gr (Four Nigerian ministries convene global investors in Abuja for the maiden Nigeria NOW! Launch (1))
Download Image (2): https://apo-opa.co/4x1g0o5 (Four Nigerian ministries convene global investors in Abuja for the maiden Nigeria NOW! Launch (2))
Download Image (3): https://apo-opa.co/4gV7u42 (Four Nigerian ministries convene global investors in Abuja for the maiden Nigeria NOW! launch (3))
Media and partnership enquiries:
Poliana Sperandio
Director
Marketing Strategy & Performance
EnergyNet
[email protected]
+44 (0) 207 384 8191
The issuer is solely responsible for the content of this announcement.
EnergyNet produces investment forums and digital dialogues across energy, mining and infrastructure in Africa, bringing governments, investors, developers and utilities together around investment, policy dialogue and project delivery. Best known for the Africa Energy Forum, EnergyNet has worked in Nigeria for fifteen years. EnergyNet owns and operates the Energy News Network, its independent editorial platform, and is part of Clarion Events.
The latest response followed the magnitude 7.4 earthquake that struck Colombia on August 10, 2026. The support from 1win Charity reached nearly 2,000 people, who received drinking water, food and hygiene kits, warm meals, blankets, sleeping mats, and first-aid supplies. A member of the 1win VIP community, Valentina Gómez, and Colombian creator Yeferson Cossio visited the affected communities to deliver relief.
Earlier in the year, 1win Charity supported more than 8,000 families after the June earthquakes in Venezuela. Working alongside local emergency organizations, hospitals, and community leaders, 1win delivered food, water, hygiene products, medicines, and medical supplies across affected communities in Caracas, La Guaira, and Miranda.
In Chile, 1win Charity carried out two major relief initiatives. Following extreme rainfall, winds, and storm surges in July, 1win Charity volunteers joined cleanup and debris-removal efforts in Quillón and Bulnes, while the organization provided rescue boats, drinking water, tools, protective equipment, and other provisions to communities and emergency teams.
The response followed an earlier initiative in the wake of devastating wildfires in Biobío and Ñuble, which burned more than 34,000 hectares. At the beginning of 2026, together with professional boxer Andrés Campos and the Chilean National Content Creators, 1win Charity supplied drinking water and emergency kits. Combined, the two Chilean initiatives supported approximately 20,000 families.
“For us, a long-term commitment to Latin America means being present all the time — during the happy celebrations and when communities face their most difficult moments. Our approach is to listen to local needs, work with trusted partners, and provide practical support where it can make a real difference,” 1win Charity representatives mentioned.
Hashtag: #1winCharity
https://1win.charity/
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The issuer is solely responsible for the content of this announcement.
1win Charity is the philanthropic branch of 1win, dedicated to advancing sustainability, community development, and humanitarian assistance. Guided by its mission, “We Care. We Share”, the organization supports vulnerable communities worldwide through programs focused on emergency relief, healthcare, education, and sustainable development. Working in partnership with nonprofit organizations, local institutions, and community leaders, 1win Charity develops initiatives that create lasting social impact.
Pessimism sells. It always has. But investors who let fear set their strategy this year are, I believe, about to miss one of the more compelling setups markets have offered in some time. Eveywhere I look, the mood among investors feels heavier than the numbers actually justify. There is talk of central bank brinkmanship, and a market supposedly one bad news day away from falling apart, among […]
A strengthening El Niño is raising the risk of extreme heat, drought and veld fires across South Africa, increasing the likelihood of heavier weather-related losses for insurers during the 2026/27 summer season. The South African Weather Service has warned that the Pacific warming event is already strong and could intensify further, with sea-surface temperature anomalies in the east-central tropical Pacific exceeding the threshold used to classify a […]
HDFC Bank’s weighting in the benchmark has fallen to about 9.81 per cent, compared with 9.34 per cent for ICICI Bank, leaving a gap that exceeded four percentage points at the start of 2026. Reliance Industries remains third, with a weighting slightly above 8 per cent. Separate index research based on August 31 levels also showed the HDFC-ICICI gap at its narrowest since at least January 2010.
The convergence reflects sharply different share performances. HDFC Bank has fallen about 29 per cent this year, putting the stock on course for its weakest annual performance since 2008, while ICICI Bank has gained roughly 6 per cent. The sell-off has erased more than $65 billion from HDFC Bank’s value since its peak last year, reducing its market capitalisation to about $114.5 billion. ICICI Bank is valued at nearly $109 billion.
Pressure on HDFC Bank intensified after Managing Director and Chief Executive Officer Sashidhar Jagdishan said he would not seek another term and would leave when his current tenure ends on October 26. The bank has begun a succession process at a time when investors are already assessing the implications of an unusually unsettled period at board and senior-management level.
Jagdishan’s departure follows the March resignation of part-time chairman and independent director Atanu Chakraborty, who said certain happenings and practices he had observed over two years were not consistent with his personal values and ethics. The resignation prompted questions about governance, although the Reserve Bank of India said at the time that its periodic assessments had found no material concerns regarding the bank’s conduct or governance and described its financial position as satisfactory.
HDFC Bank subsequently commissioned external law firms to examine the implications of Chakraborty’s letter. The bank said in June that the review, based on records and witness interviews, did not substantiate the implications arising from the former chairman’s resignation. That finding provided an important institutional counterweight to the concerns raised by the abrupt exit, but it did not prevent governance and succession issues from remaining central to investor debate.
The market impact has become increasingly visible in index composition. At the end of December 2025, HDFC Bank accounted for about 12.7 per cent of the Nifty, against 8.05 per cent for ICICI Bank. By August 31, research from Nuvama Alternative & Quantitative Research put the weights at 9.85 per cent and 9.45 per cent respectively. Reliance Industries, whose shares have also weakened this year, had fallen to about 7.8 per cent from 8.9 per cent.
Index weight matters because passive funds and exchange-traded products tracking the Nifty allocate capital according to constituent weights. A change at the top would therefore alter the relative influence of the two banks on benchmark movements, although it would not by itself change their underlying businesses. HDFC Bank remains larger by market value, while Reliance Industries remains larger than either lender.
Operationally, HDFC Bank continues to report profit growth despite the market concerns. Standalone net profit for the June quarter rose 5 per cent from a year earlier to ₹19,060 crore, while net interest income increased 6.7 per cent to ₹33,535 crore. Gross advances rose 15.4 per cent year on year and total deposits increased 14.7 per cent. Its net interest margin, however, narrowed to 3.26 per cent, while gross non-performing assets edged up to 1.17 per cent.
ICICI Bank reported faster growth in the same quarter. Profit after tax increased 15.9 per cent to ₹14,805 crore, net interest income rose 12.7 per cent to ₹24,384 crore and its total loan portfolio expanded 19.6 per cent. The bank reported a 4.36 per cent net interest margin and a net non-performing asset ratio of 0.35 per cent at the end of June.
Arabian Post Staff -Dubai The UAE’s non-oil private sector expanded at its fastest pace since December 2024 in August, as stronger demand and output lifted business conditions despite continued caution over hiring. The seasonally adjusted S&P Global UAE Purchasing Managers’ Index rose to 55.3 from 52.7 in July, moving further above the 50 threshold that separates expansion from contraction. The reading marked a second successive monthly acceleration […]
By Dr. Gyan Pathak In the third phase of Special Intensive Revision (SIR) of electoral rolls, National Capital Territory (NCT) Delhi tops in deletion of voters in terms of percentage about 33 per cent, and the State of Maharashtra that headquarters the financial capital of the country Mumbai tops in voters’ deletion in terms of […]
The article Delhi tops SIR deletion in percentage, Maharashtra in absolute numbers appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Matein Khalid Chinese fast-fashion giant Shein is set to list in Hong Kong on September 1 at a valuation of up to $27 billion. That is less than half the $64 billion valuation at which Abu Dhabi sovereign wealth fund Mubadala invested in 2023. It is a brutal comedown for a retailer once expected to be worth $100 billion. My knowledge of sartorial retailing is admittedly less than encyclopaedic. Yet I […]
Venezuela has insisted that its new 25-year energy agreement with the United States preserves state ownership of the country’s oil reserves, sharpening scrutiny of President Donald Trump’s claim that Washington has secured majority control over more than 65 billion barrels of Venezuelan crude. Interim President Delcy Rodríguez said the accord covers the development of 17 strategic oilfields and targets production of more than 1.5 million barrels a […]
Twitter. now is betting that artificial intelligence can help users screen misinformation, but research on automated fact-checking suggests the technology becomes substantially less dependable when claims are politically contested, context-heavy or difficult to verify. The social network, developed by Virginia-based Operation Bluebird, has placed a system called VERA at the centre of its effort to distinguish itself from X. The proposed “veracity engine” analyses posts, attaches trust […]
The agreement emerged from the inaugural meeting of the India-Kuwait Joint Defence Committee in New Delhi on August 28, marking the first formal session of the mechanism created to institutionalise expanding security and military ties.
The talks were co-chaired by Joint Secretary Amitabh Prasad and Brigadier General Raed Alsakran, who headed a five-member delegation from Kuwait. India’s delegation brought together representatives of the Army, Navy and Air Force along with officials from the Department of Defence Production, Defence Research and Development Organisation, Armed Forces Medical Services and Ministry of External Affairs.
Both sides identified training and military exercises as priority areas, opening the possibility of greater exchanges between personnel and institutions. Military medicine and structured staff talks were also placed on the cooperation agenda, potentially creating regular channels through which officers can exchange operational experience and develop closer institutional links.
Defence manufacturing formed another important component of the discussions. The Kuwaiti delegation visited DPSU Bhawan in New Delhi and held talks with representatives of India’s defence industry on potential areas of cooperation. A separate interaction with industry representatives was also included in the delegation’s programme, indicating that commercial and technological partnerships are becoming a stronger part of the bilateral defence relationship.
The engagement gives practical momentum to the memorandum of understanding on defence cooperation signed during Prime Minister Narendra Modi’s visit to Kuwait on December 21-22, 2024. The agreement was designed to institutionalise cooperation in training, exchanges of personnel and experts, joint exercises, defence manufacturing, supply of military equipment and research and development.
That visit also saw India and Kuwait elevate their relationship to a strategic partnership, broadening a relationship traditionally centred on energy, trade and the movement of people. Defence and security have since gained greater prominence as both governments seek more structured engagement amid shifting geopolitical and security conditions across the Gulf and wider West Asian region.
The Joint Defence Committee provides a mechanism through which the provisions of the 2024 agreement can be translated into programmes, exchanges and projects. Its composition also reflects the wide scope envisaged for cooperation, extending beyond conventional military contacts into medical services, technology development and defence manufacturing.
Kuwait has traditionally relied heavily on international suppliers for defence equipment, while India has been expanding its efforts to become a larger producer and exporter of military systems. New Delhi has been encouraging overseas partnerships for domestically manufactured weapons, platforms, electronics and support systems as defence production capacity expands.
Research and development cooperation could therefore become a significant part of the relationship. Participation by the Defence Research and Development Organisation at the committee meeting creates an institutional route for exploring technology-based projects alongside conventional equipment sales and training arrangements.
The talks also come as Kuwait broadens defence engagement with partners across Asia while navigating a complex regional security environment. Its location at the northern end of the Gulf, close to Iraq, Saudi Arabia and Iran, has made military preparedness and diversified security partnerships enduring priorities for the country.
For India, deeper defence engagement with Kuwait complements its expanding strategic relationships with Gulf Cooperation Council states. New Delhi has progressively widened military exercises, naval engagements, training programmes and defence-industry cooperation with countries across the Gulf as economic and energy relationships have developed into broader strategic ties.
Brigadier General Alsakran also laid a wreath at the National War Memorial in New Delhi ahead of the committee meeting, paying homage to fallen military personnel. The gesture formed part of a programme combining official consultations, ceremonial engagements and meetings with defence-sector representatives.
Manchester Airports Group has disclosed a cyberattack that exposed personal information belonging to about 8.7 million customers across Manchester, London Stansted and East Midlands airports, though flight operations and aviation security were not affected. The breach involved customer information associated with car park, airport lounge and Fast Track bookings, as well as registrations for Wi-Fi services inside the three airports. Data accessed by an unauthorised third party […]
Greenlogue/AP Flooding along the Nepal-Tibet frontier has killed at least 633 people and left nearly 3,000 missing, intensifying warnings that warming temperatures are making high-mountain communities increasingly vulnerable to catastrophic collapses of rock, ice and water. Rescue teams were searching devastated valleys on Saturday after the August 26 disaster sent a torrent of ice, boulders, mud and water through settlements, roads, bridges and hydropower facilities. Nepal had […]
Egyptian writer, DJ and radio host Nihal El Aasar is challenging narrow definitions of Arab music by using radio, live performances and artistic collaborations to showcase underground sounds spanning electronic music, experimental composition, hip-hop, drill and regional club culture. Raised in Cairo and now based in London, El Aasar has built a multidisciplinary career that connects music with writing, politics and cultural analysis. Her approach rejects the […]
