News related to
global

Matein Khalid Five days of continuous Israeli and US bombing of Iran, the killing of Ayatollah Khamenei and at least five dozen other senior military and political leaders of the Islamic Republic, the de facto closure of tanker traffic in the Strait of Hormuz, the shutdown of Saudi Arabia’s Ras Tanura refinery and the world’s biggest LNG complex in Qatar, as well as retaliatory drone and missile attacks by Iran on airports, seaports, […]

Thanks to powerful partnerships with industry leaders, NOTE 60 Ultra represents Infinix’s boldest entry in the flagship tier, debuting in Barcelona during MWC 2026

BARCELONA, SPAIN – Media OutReach Newswire – 4 March 2026 – Infinix is cementing its status within the premium smartphone segment in a bold new way with NOTE 60 Ultra, its landmark flagship debuting in Barcelona during Mobile World Congress 2026.

Infinix NOTE 60 Ultra Design by Pininfarina
Infinix NOTE 60 Ultra Design by Pininfarina

Co-developed with Italian automotive and design legend Pininfarina, NOTE 60 Ultra’s design is driven by an emotion-led aesthetic inspired by super cars. Beneath its bold design lies a fully realized flagship experience, integrating breakthrough in-house innovations with best-in-class partner technologies. A professional-grade 200MP ultra-high-definition imaging system, built-in multi-country satellite communication connectivity, and immersive audio precision-tuned by SOUND BY JBL come together to challenge expectations in the premium segment.

Infinix NOTE 60 Ultra family
Infinix NOTE 60 Ultra family

Supercar Design DNA in a Flagship, Shaped by Pininfarina

In the premium segment, the design language is a device’s opening statement. A user’s perception at first glance is shaped by aesthetics, long before a single specification is considered.

Drawing inspiration from the aerodynamic philosophy and pioneering spirit of high-performance sports cars, Infinix, in partnership with Pininfarina, takes a radical departure in sculpting a flagship. What stands out immediately is what’s missing: the camera bump. As premium handsets adopt larger sensors, they often sacrifice form with increasingly protruding camera modules.

True to the sports car heritage, NOTE 60 Ultra introduces a fully integrated, single-body rear: the Aluminum Unibody Design. At the heart of this craftsmanship is the World’s 1st Uni-Chassis Cam Module, formed a single, continuous sheet of CORNING® GORILLA® GLASS VICTUS that virtually conceals the presence of the camera. Much like a supercar sculpted for low-drag, the rear design maintains a smooth, uninterrupted silhouette. This also ensures a natural in-hand feel and unobtrusively slips into any pocket, while reinforcing the phone’s durability and structural integrity.

Paying homage to Italian cultural and racing heritage, NOTE 60 Ultra arrives in four striking colorways: Torino Black, Monza Red, Amalfi Blue, and Roma Silver. Each hue draws inspiration from the most iconic scenes and legends of Italy’s motorsport and cultural history, capturing the spirit of speed, lifestyle, and emotional beauty.

Just as a supercar announces its ignition through sound and light, NOTE 60 Ultra mirrors the ritual. A Floating Taillight signature spans the rear, illuminating as the device powers on. And as a final nod to automotive heritage, NOTE 60 Ultra features an Active Matrix Display reminiscent of a supercar dashboard at startup. Concealed within the rear surface, the hidden display lights up to reveal notifications, expressive icons, or a pixel-style virtual companion.

Dual Flagship Cameras for Detail, Zoom, and True-to-Life Imaging

Although discreet at first glance, Infinix makes no concessions on camera performance and earmarks a new era for Infinix’s imaging capability. Delivering performance on par with industry-leading standards, Infinix’s Dual Flagship Imaging Architecture marks several brand-first breakthroughs and improvements across three dimensions, reinforcing its position as a signature offering.

Under the hood, it’s clear that NOTE 60 Ultra refuses to settle for less. Discreetly integrated within the Uni-Chassis Cam Module is a powerful triple-camera array. Anchored by a next-generation 200MP Samsung ISOCELL HPE sensor, NOTE 60 Ultra delivers ultra-high-definition clarity. And ensuring flagship-grade versatility across focal lengths, the phone is complemented by a 50MP Samsung ISOCELL JN5 periscope telephoto lens and a 112° ultra-wide lens.

However, hardware alone does not define the full experience. For the first time, Infinix supports the XDR display standard with Ultra HDR Capture. Powered by a proprietary XDR Image Engine, Infinix’s advanced system delivers a superior dynamic range, ideal for true-to-life photos of bright lights at night or breathtaking sunset scenes.

The result is exceptional resolution that sets a higher bar for precise framing in daylight or after dark, while faithfully preserving details often lost in standard photography. Whether exploring daytime cityscapes or distant horizons, NOTE 60 Ultra excels with its advanced optical‑to‑digital zoom performance. Crisp, detailed shots are captured across a versatile zoom range, from a 2× optical crop and native 3.5× optical zoom to a 7× lossless digital zoom, extending up to 100× for extreme distances.

Expansive Satellite Calling and Messaging Coverage

Beyond what meets the eye, NOTE 60 Ultra carries a more subtle capability designed to accompany the user’s ambition, as far as and wherever the road leads. NOTE 60 Ultra is the first¹ to introduce dual-way satellite calling with expansive global coverage across a far greater number of countries¹. Powered by two-way messaging and calling beyond traditional terrestrial networks, NOTE 60 Ultra offers an added peace of mind whether navigating remote terrain beyond cellular coverage or facing large-scale network disruptions. The device bridges regional connectivity gaps to maintain communication and enables emergency location sharing when it matters most.

Ultra-Fast, Enduring Functionalities for an All-Around Flagship Experience

NOTE 60 Ultra combines category-leading performance and enduring power to support multi-sensory entertainment without interruption. Complementing this, its latest user experience delivers forward-looking innovations and AI-driven optimizations, making it more accessible and seamless for everyday use.

Impressively, Infinix debuted the Proprietary Battery Self-Healing Technology. Despite featuring a massive 7000mAh silicon-carbon battery within a slim, lightweight frame, NOTE 60 Ultra is engineered to restore up to 1%² of battery health every 200 charge cycles. Complementing this breakthrough, NOTE 60 Ultra supports wired 100W All-Around Fast Charge and 50W wireless charging, achieving a full charge from 1% to 100%² in only 48 minutes through a wired connection.

Even with a massive battery, Infinix pulls out all the stops to optimize for both speed and energy management. Featuring a 4nm all-big-core MediaTek Dimensity 8400 Ultimate chipset together with Infinix’s self-developed performance engine, NOTE 60 Ultra achieves up to 25%² faster multitasking, accelerated app responsiveness, and sustained smoothness.

NOTE 60 Ultra excels in its class with a captivating, 1.5K Ultra HDR cinematic display. Delivering fluid 144Hz responsiveness and exceptional 4500-nit peak brightness, visuals remain vibrant across most lighting conditions. Even in motion, intelligent predictive stabilization minimizes motion sickness, whether watching a film or playing games from within a car. And just as a high-performance vehicle demands calibrated acoustics, NOTE 60 Ultra doesn’t settle for less. It delivers high-fidelity audio through a stereo system with SOUND BY JBL, completing a truly compelling entertainment experience.

The NOTE 60 Ultra’s optimized performance enables its intelligent AI features to run fluidly and efficiently with minimal battery drain. Its integrated AI ecosystem focuses on practical daily-enhancing functions, including real-time vitals tracking via Advanced Health Monitor, personalized file organization and an adaptive AI-powered knowledge base, all evolving with user preferences. These AI capabilities are seamlessly woven into GlowSpace, a new interface debuting on XOS 16.³ Powered by Android 16, GlowSpace introduces a fully reimagined UI centered on fluid motion and luminous details that animate with every interaction.

Through co-engineering with leading technology and innovation partners, Infinix has aligned NOTE 60 Ultra around a unified vision of excellence. The outcome is a benchmark-setting flagship defined not by spectacle, but by deeply integrated and purposeful engineering, inside-out.

Product availability

NOTE 60 Ultra comes with a promise of 3 years of major OS updates and 5 years of security patches.

NOTE 60 Ultra is available in four colors: Torino Black, Monza Red, Amalfi Blue, and Roma Silver.

It will be available in a single variant with 12GB of RAM, 256GB of storage, and built-in eSIM⁴.

NOTE 60 Ultra comes with a deluxe gift box with automotive-inspired display stand design. A Supercar-Inspired MagCharge Base in Zinc Alloy, a Kevlar-Pattern MagPad, a Custom Kevlar MagCase, and a Track-Edition SIM Ejector Pin are included in the gift box.

Disclaimer

¹As of launch, this device is the first commercially available smartphone to support two‑way satellite calling across multiple countries. Feature availability, supported regions and coverage are subject to local certification, network deployment and market conditions.

²All data comes from Infinix laboratories. The testing data may vary slightly between different test versions and testing environments.

³The specific XOS upgrade plan for each model will be announced separately. Please note that availability of this upgrade may be limited in certain countries.

⁴eSIM availability is carrier and region-dependent; it may not be supported in all countries.

Hashtag: #Infinix

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

About Infinix

Established in 2013, Infinix is an innovation-driven brand dedicated to delivering cutting-edge technology, bold design, and outstanding performance. The brand provides smart, enjoyable mobile experiences that enhance everyday life. Beyond smartphones, Infinix has expanded its portfolio to include TWS earbuds, smartwatches, laptops, tablets, smart TVs, and more—building a comprehensive ecosystem of smart devices. Currently, Infinix products are available in over 70 countries and regions worldwide, including Africa, Latin America, the Middle East, South Asia, and Southeast Asia.

For more information, please visit:

The Iran war is reinforcing a market conviction already building around US monetary policy: interest rates are likely to stay higher for longer. The escalation in the Middle East is compounding expectations that the Federal Reserve will hold rates steady for several more months, pushing the first meaningful rate cut further into the year. Markets are pricing a very high probability – about 97% – that policymakers […]

HONG KONG SAR – Media OutReach Newswire – 4 March 2026 – The inaugural “Study in Hong Kong” Week (February 23 to March 1) was successfully launched to promote the city’s attractiveness as a destination for students around the world to pursue higher education.

A major highlight was the prestigious Asia-Pacific Association for International Education (APAIE) 2026 Conference and Exhibition, which ranks among the world’s top three international higher education conferences. The event attracted over 3,500 leading international education professionals to explore the latest trends and critical issues in higher education.

Speaking at the opening ceremony of APAIE 2026, the Hong Kong Special Administrative Region (HKSAR)’s Secretary for Education, Dr Christine Choi said, “To further promote higher education in Hong Kong to the world, we are dedicating this week as the ‘Study in Hong Kong’ Week, during which we will share our success stories and connect more closely with partners worldwide.”

HKSAR's Secretary for Education, Dr Christine Choi (second row, ninth left), visits the "Study in Hong Kong" Pavilion at the APAIE with other guests
HKSAR’s Secretary for Education, Dr Christine Choi (second row, ninth left), visits the “Study in Hong Kong” Pavilion at the APAIE with other guests

“Under the “one country, two systems” principle, Hong Kong enjoys the distinctive advantages of being part of China with strong support from our Motherland and at the same time being centrally located in Asia.

“Our universities are globally recognised, with five of them within the world’s top 100 and Asia’s top 20. Hong Kong claimed all top four spots in the ranking of the world’s most international universities last year. Indeed, one in every four of our students come from outside Hong Kong. The proportion is even higher for academic staff, with around 70 per cent from elsewhere.”

Held under the theme “Asia-Pacific Partnerships for the Global Good”, APAIE 2026 featured pre-conference workshops, summit forums, keynote speeches, and exchange activities.

Dr Choi met with education officials and representatives from various regions on international education development trends and co-operation. She held separate meetings with the State Secretary of the Ministry of Education, Research, Development and Youth of the Slovak Republic, Mr Róbert Zsembera, and the Director General of the International Cooperation Department of the Ministry of Education and Training of Vietnam, Dr Nguyen Thu Thuy, to exchange views on the development, co-operation, and promotion of international higher education.

Dr Choi also toured the “Study in Hong Kong” Pavilion, where she learned about the promotional efforts of University Grants Committee (UGC)-funded universities and how they expand international networks to recruit students from various regions for study and exchange in Hong Kong. She also visited other booths at the exhibition, exchanging views on higher education development with representatives from various countries and regions.

Dr Choi noted that Hong Kong, as Asia’s world city, possesses advantages in global connectivity, world-class infrastructure, and rich cultural experiences that attract outstanding talent.

During the Week, UGC-funded universities hosted campus tours, allowing overseas guests to experience first-hand the fusion of diverse cultures from different regions. Universities also organised student exchange activities to foster friendships among international students from different regions, deepen their understanding of Hong Kong, and help them better integrate into local campus life.

“While Hong Kong is highly popular among students from the Chinese Mainland, those from other parts of the world, especially in the Association of Southeast Asian Nations (ASEAN) and Belt and Road countries or regions, have increased significantly in recent years,” Dr Choi said.

“As we welcome more non-local students to our schools and universities, we hope Hong Kong can serve as a springboard for them to engage with the Chinese Mainland and the wider Asia-Pacific, and as a pathway to widen collaborations across this vibrant region.”

Hashtag: #hongkong #brandhongkong #asiasworldcity #StudyinHongKong #Asia-PacificAssociationforInternationalEducation #APAIE





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

  Iran’s sweeping digital shutdown has crossed the 100-hour mark, cutting tens of millions of people off from the global internet and intensifying fears of deeper isolation as military tensions and internal unrest grip the country. Connectivity across Iran has plunged to only a fraction of normal levels, leaving citizens unable to communicate freely with the outside world and severely restricting the flow of information. Network monitoring […]

  Kraken has gained access to the Federal Reserve’s core payments infrastructure, marking a milestone for the digital asset sector as a cryptocurrency exchange moves closer to the centre of the United States financial system. The development places the San Francisco-based platform among institutions able to connect directly with the Federal Reserve’s payment rails, a step long sought by digital asset firms seeking to bridge traditional banking […]

Arabian Post Staff -Dubai AD Ports Group signalled that shifting maritime routes in the Gulf could lift cargo volumes across its international network, as shipping lines adjust operations amid heightened security concerns near the Strait of Hormuz. The Abu Dhabi-based ports and logistics operator said diversion of vessels away from the narrow waterway may increase activity across terminals and logistics assets managed by the company in several […]

Advertisements

TikTok users across the United States faced widespread service disruption after a technical failure linked to cloud provider Oracle interrupted access to the video-sharing platform, marking the second such outage involving the technology partner within weeks and raising renewed scrutiny over the resilience of the infrastructure supporting one of the world’s largest social media networks. Reports of problems began circulating as users struggled to load videos, refresh […]

Escalating hostilities between the United States, Israel and Iran sent shockwaves through global energy markets and maritime trade as Tehran threatened to close the Strait of Hormuz, one of the world’s most critical oil shipping lanes, while Donald Trump vowed Washington would do “whatever it takes” to prevail in the widening confrontation. Energy prices surged and financial markets swung sharply after military strikes and retaliatory threats raised […]

Greenlogue/AP TotalEnergies has agreed to sell a 50 per cent stake in a large portfolio of battery energy storage projects in Germany to Allianz Global Investors, marking a significant investment in infrastructure designed to support the country’s transition toward a low-carbon electricity system. The agreement covers 11 utility-scale battery storage projects under construction across Germany with a combined capacity of about 789 megawatts and an energy storage […]

China’s currency regained ground against the US dollar after the central bank delivered a stronger-than-expected official guidance rate, halting a short period of losses and signalling policymakers’ intent to stabilise foreign-exchange markets amid global volatility.

The yuan rebounded in both onshore and offshore trading after the People’s Bank of China lifted its daily midpoint setting by the largest margin in more than six months. The central bank fixed the yuan at 6.9088 per dollar, roughly 148 pips firmer than the previous guidance level, a move interpreted by traders as a deliberate effort to anchor expectations following two sessions of depreciation.

China operates a managed floating exchange rate system in which the yuan is permitted to trade within a band of two per cent above or below the daily midpoint set by the central bank. The fixing therefore serves as a powerful signal to markets about the authorities’ preferred direction for the currency.

Following the adjustment, the onshore yuan strengthened to around 6.88 per dollar during Asian trading hours, while its offshore counterpart posted similar gains. Currency dealers said the stronger guidance helped calm investors after geopolitical tensions and shifts in global risk sentiment had unsettled foreign-exchange markets earlier in the week.

Prior to the short-lived decline, the yuan had been on a sustained upward trajectory for several months, supported by a weaker US dollar, resilient export performance and continued capital inflows into China’s financial markets. The currency reached its strongest level since April 2023 during that rally, prompting concerns among policymakers that rapid appreciation could erode exporters’ competitiveness.

Authorities have responded with a series of calibrated measures aimed at smoothing the pace of currency gains rather than reversing them entirely. Among the most notable steps was the decision to remove a 20 per cent risk-reserve requirement on certain foreign-exchange forward contracts, effectively lowering the cost of betting against the yuan and encouraging market participants to buy dollars.

Analysts say such adjustments illustrate the central bank’s balancing act between maintaining exchange-rate stability and allowing market forces to play a greater role. Officials have repeatedly emphasised the importance of preventing excessive volatility while ensuring the currency reflects underlying economic fundamentals.

Currency strategists note that Beijing has a wide toolkit for influencing the yuan’s trajectory. These tools include modifying the daily reference rate, adjusting foreign-exchange reserve requirements for banks, and guiding state-owned financial institutions to participate in the market when volatility intensifies.

Despite the latest intervention through the midpoint setting, the fixing remained weaker than many market forecasts, highlighting the cautious stance adopted by policymakers. The approach suggests authorities are comfortable with moderate appreciation but wary of rapid movements that could unsettle financial markets or complicate domestic economic management.

China’s export-oriented companies have been particularly sensitive to exchange-rate fluctuations. A stronger yuan reduces the value of overseas earnings when converted into the local currency, potentially squeezing margins for manufacturers and technology firms whose revenues are denominated largely in dollars.

Market participants say the central bank’s latest move aims to reinforce stability while avoiding a signal that authorities intend to drive the currency significantly higher. Such signalling is important in an environment where global investors remain alert to geopolitical developments and shifts in US monetary policy.

The broader international context has also played a role in shaping currency movements. Escalating tensions in the Middle East have fuelled demand for traditional safe-haven assets, including the US dollar, prompting fluctuations across major currency pairs. For China, which relies heavily on imported energy, volatility in global markets can quickly translate into financial-market turbulence.

Attention among investors is now turning to the annual meetings of China’s national legislature and political advisory body, where policymakers are expected to outline economic priorities for the year ahead. The gatherings typically provide guidance on growth targets, fiscal policy and structural reforms that influence expectations for the yuan and other financial assets.

Economists are closely watching signals on monetary policy as well. Some analysts anticipate modest policy easing in the months ahead, including a potential reduction in benchmark lending rates and a cut to banks’ reserve requirement ratios aimed at supporting domestic demand.

HONG KONG SAR – Media OutReach Newswire – 4 March 2026 – Best Nights VC (BNVC) is proud to announce its investment in Mad Monkey, one of the world’s leading socially responsible hostel groups, joining lead investor EXS Capital. With locations across Southeast Asia and Australia, Mad Monkey welcomes hundreds of thousands of young travelers every year, creating unforgettable nights, lifelong friendships, and meaningful human connection on the road.

Image 1

For Best Nights VC, the venture capital investment firm of globally known spirits brand Jägermeister, this partnership is a natural strategic fit. Best Nights don’t only happen at home, they happen while traveling, meeting strangers who become friends, and sharing unique experiences in unfamiliar places. Perfectly reflecting BNVC’s Emerging Markets Strategy, Mad Monkey stands out as a hospitality platform that already enables more than one million bed nights for over 115,000 guests a year across seven countries, including the Philippines, Cambodia, Indonesia, Vietnam, Thailand, Laos, and Australia, creating epic social connections on the journey.

“This investment marks an exciting next chapter for Mad Monkey,” said Tom Edwards, Co-Founder and Director at Mad Monkey. “With the support of EXS and Best Nights VC, we’re excited to continue with our growth plan while staying true to our mission of creating meaningful, inclusive travel experiences. Their shared belief in connection, community, and responsible travel strongly reflects our own values.”

“We’re delighted to welcome Best Nights VC into the Mad Monkey journey,” said Eric Solberg, Founder and CEO of EXS Capital. “Their deep understanding of culture-led consumer brands and their focus on meaningful social experiences make them a natural partner. Together, we see strong alignment in supporting Mad Monkey’s continued expansion and its ability to create safe, high-energy environments for travelers.”

“We’re excited to join EXS in backing Mad Monkey,” said Lorrain de Silva, Managing Director at Best Nights VC. “From empowering solo travelers to creating authentic social connection on the road, Mad Monkey represents exactly the kind of platform we believe in. We’re proud to come on board and contribute to a brand that already delivers more than one million Best Nights every year.”

Image 2

Mad Monkey embodies the core mission of Best Nights VC: building safe, inclusive, high-energy environments where people connect, celebrate, and discover new cultures together. This investment is anchored in three narrative pillars that define Mad Monkey’s impact and long-term relevance:

Empowering the Solo Traveler

Safety at Mad Monkey is not an add-on, it is the foundation for inclusivity. Especially for first-time and solo female travelers, Mad Monkey offers a trusted and consistent standard across 24 locations in

Southeast Asia. From secure accommodation to strong on-site communities, the brand provides a reliable safety net that enables confidence, independence, and freedom of movement.

Social Tech: Connection Before Arrival

Mad Monkey bridges digital convenience with real-world connection. Through the Mad Monkey App, guests can see their future “tribe” before they arrive. Features such as pre-stay chat and real-time guest transparency allow travelers to start building community even before packing their bags, and allowing an extended user experience beyond the trip – fostering immediate social bonds, accountability, a sense of belonging from day one and lasting connections.

Community Impact

Guided by the belief that “one community shouldn’t ruin it for the next,” Mad Monkey sees itself as a guest in every region it operates. Its CSR initiatives are designed to support local communities and ecosystems rather than exploit them, Mad Monkey is proud to employ 77% of their staff from outside city communities ensuring that the local communities are enriched by the platform too.

Together, Mad Monkey, EXS and Best Nights VC are excited to co-create the next chapter of global backpacker culture, scaling experience-driven hospitality, expanding into new markets, and delivering more moments of joy, connection, and adventure worldwide.

More Best Nights. More global community. More meaningful travel experiences.

www.bestnights.vc
www.madmonkeyhostels.com
https://www.exs.com

Hashtag: #MadMonkey #BNVC #EXSCapital

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

Arabian Post Staff -Dubai Nasdaq Dubai reopened for trading at 10.00am Gulf Standard Time on Wednesday after a temporary suspension ordered by regulators, restoring activity on one of the region’s key international financial exchanges and signalling efforts by authorities to stabilise markets during a period of heightened geopolitical tension. The reopening was confirmed by the Dubai Financial Services Authority, the independent regulator overseeing financial services in the […]

Arabian Post Staff -Dubai Competition in the premium smartphone market has intensified as Samsung’s Galaxy S26 series arrives with upgraded artificial intelligence features, faster processors and improved camera systems, setting up a direct contest with Apple’s iPhone 17 Pro Max. Both devices represent the most advanced offerings from their respective ecosystems, targeting users seeking high-end performance, photography capabilities and extended software support. Samsung unveiled the Galaxy S26 […]

Building on the acquisition of Illumex by NVIDIA, the firm validates its Seed-to-Exit thesis and reinforces its mission to bridge Asian capital with world-class DeepTech.

TAIPEI, TAIWAN – Media OutReach Newswire – 4 March 2026 – Cardumen Capital, a leading European DeepTech venture capital firm, today marks a pivotal milestone in its international momentum following the acquisition of its portfolio company, Illumex, by NVIDIA. This landmark exit further solidifies the firm’s strategic presence in the Asia-Pacific region and cements its 2019 vintage fund’s position as a leading performer within its vintage cohort.

A Seed-to-Exit Success Story

Cardumen Capital was Illumex’s first investor and led its 2021 seed round, supporting the company from inception through to exit. General Partners Gonzalo Martínez de Azagra and Igor de la Sota identified the startup’s potential at the seed stage, guiding it toward this landmark milestone.

“This acquisition validates our DeepTech thesis,” said Gonzalo Martínez de Azagra. “By backing visionary founders early, we demonstrate our ability to identify the core building blocks of the AI era.”

Igor de la Sota added: “The success of the Illumex exit underscores the global demand for robust data infrastructure in the age of Generative AI. We are proud to have supported the team from day one in building a platform that now sits at the heart of the world’s AI computing network.”

Strengthening the Bridge to Asia-Pacific

Illumex joining NVIDIA serves as a powerful catalyst for Cardumen Capital’s mission in Asia. Led by Taipei-based APAC Venture Partner Stan Yu, a serial entrepreneur turned venture capitalist, the firm is intensifying its efforts to bridge Asian strategic capital with world-class innovation hubs in Europe, Israel, and global DeepTech ecosystems.

“Building on this milestone exit to NVIDIA, we are seeing unprecedented momentum for our strategy in the APAC region,” said Stan Yu. “The journey of Illumex proves the caliber of opportunities we bring to our partners. From our base in Asia, we are uniquely positioned to facilitate these high-stakes connections, ensuring that Asian institutional capital has exclusive access to the next wave of transformative DeepTech and frontier innovations.”

As a pioneering venture capital firm with a dedicated partner presence in Taipei bridging the EMEA tech ecosystem, Cardumen Capital is uniquely positioned to drive cross-border synergies and deliver the performance expected by the institutional investment landscape in Asia.

Hashtag: #CardumenCapital #Illumex #NVIDIA #DeepTech #AI #VentureCapital #M&A #Taiwan


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

About Cardumen Capital

Cardumen Capital, a leading global venture capital firm supervised by the CNMV (Spanish Securities Market Commission), was founded in 2018 by Gonzalo Martínez de Azagra and Igor de la Sota. With over 15 years of investment experience and a presence across Europe, the Middle East, and Asia, the firm specializes in investing in private market companies and funds, supporting innovation, disruptive technologies, and long-term value creation.

Backed by leading institutional investors, corporations, and family offices, Cardumen Capital focuses on generating sustainable long-term returns through its specialized DeepTech investment strategies and a demonstrated track record of connecting strategic capital with the global innovation frontier.

deVere Group, the global financial advisory giant, has agreed a sponsorship deal with Australian boxing star Skye Nicolson, adding one of the sport’s most accomplished and driven athletes to its growing roster of elite fighters. The Queensland-born southpaw has carved her path through sheer volume of elite competition. More than 150 amateur contests built her foundation. A gold medal at the 2018 Commonwealth Games confirmed her pedigree. […]

DataBank has appointed Rob Johnson, the former chief executive of Vertiv, and Daniel Sturman, previously chief technology officer at Roblox, to its board of directors, sharpening the edge data centre operator’s leadership bench as artificial intelligence workloads reshape infrastructure demand. The Dallas-based company confirmed the additions as it expands capacity across the United States to support enterprises deploying AI, cloud computing and latency-sensitive applications. The appointments bring […]

Landmark agreements, product unveilings and policy signals at the IESA Vision Summit 2026 have sharpened the country’s bid to emerge as a significant player in the global semiconductor value chain, as industry leaders and policymakers mapped out the next phase of chip manufacturing, design and talent expansion. Held against a backdrop of supply chain realignment and geopolitical competition in advanced technologies, the annual gathering of the India […]

HANOI, VIETNAM – Media OutReach Newswire – 3 March 2026 – Vinhomes Green Paradise – Can Gio has officially launched its Smart City Certification Project in collaboration with Korea Management Association Consulting (KMAC), the World Council on City Data (WCCD), and the Standardized Urban Metrics (SUM) initiative. Through this initiative, Vinhomes Green Paradise aims to become the first internationally certified smart city in Vietnam, thereby establishing new global standards for sustainable and intelligent urban development.

Vinhomes Green Paradise features an exceptional collection of world-class amenities, setting a new standard of living for a future-ready urban development.
Vinhomes Green Paradise features an exceptional collection of world-class amenities, setting a new standard of living for a future-ready urban development.

The partnership is designed to support the mega development in achieving the WCCD/SUM Custom ISO 37122 Smart City Certification. This certification is based on a customized indicators framework derived from the internationally recognized ISO 37122 indicators, tailored specifically for greenfield development projects and urban areas.

Under the partnership, KMAC will provide strategic consulting and technical advisory services to align the city’s development with the ISO 37122 indicators across key domains such as mobility, energy, environment, safety, and digital infrastructure.

The WCCD and SUM, headquartered in Toronto, Canada, is preparing a new customized indicators framework for greenfield development, based on the strategic smart city goals in the Vinhomes Green Paradise development. The WCCD/SUM teams, will oversee the assessment and smart city certification process, ensuring compliance with the ISO international standards and best practices.

The consortium agreed on a roadmap to deliver an Interim Certification within 2026, paving the way for full certification in subsequent phases.

“This project symbolizes a landmark collaboration between Vietnam and Korea in advancing global smart city standards,” said Mr. Chulse Oh, Head of AX Group at KMAC. “By combining Vinhomes’ visionary urban development with KMAC’s consulting expertise and WCCD/SUM’s global certification framework, VinhomesGreen Paradise will become a model for data-driven governance, sustainability, and smart innovation.”

“Vietnam is emerging as one of the most promising leaders in smart and sustainable city development. The Vinhomes Green Paradise is a remarkable new development in Vietnam that deserves global recognition,” said Dr. Patricia McCarney, President & CEO of the World Council on City Data (WCCD) and Director of SUM. “We are honored to partner with Vinhomes and KMAC to ensure that Vinhomes Green Paradise achieves global recognition through our WCCD/SUM ISO 37122 Custom Certification.”

Vinhomes Green Paradise benefits from a rare geographical setting, surrounded by the Can Gio Sea and the UNESCO-recognized Can Gio Mangrove Biosphere Reserve spanning over 75,000 hectares. The project features a 121-kilometer coastline, a total scale of 2,870 hectares, and a construction density of only 16%. It pioneers an upgraded ESG++ model, structured around five pillars: Environment, Social, Governance, Regeneration, and Climate Adaptation.

Upon full operation, the entire urban management system will be comprehensively greened with the following objectives: 100% clean electricity sourced from offshore wind farms, solar energy systems, and battery storage; 100% net-zero emission transportation, including electric cars, electric scooters, electric buses, electric bicycles, electric boats, and a high-speed railway system directly connecting to central Ho Chi Minh City.

In addition to strict compliance with environmental protection standards, Vinhomes Green Paradise places strong emphasis on biodiversity conservation and ecosystem regeneration throughout the development process, aligned with Ho Chi Minh City’s long-term climate adaptation strategy. A Forest Regeneration and Climate Adaptation Fund has been established to support research, restoration, and long-term resilience initiatives, with a core focus on mangrove restoration in Can Gio to establish a protective green belt for the entire development.

With its pioneering ESG vision, Vinhomes Green Paradise has become the first official participant in the “7 Wonders of the Future Cities” campaign initiated by New7Wonders, reinforcing its global recognition as a benchmark model for sustainable, AI-ready, and data-driven urban innovation.

Hashtag: #Vinhomes

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

Kenya holds sufficient petroleum stocks to cushion the country and its regional partners from supply disruptions linked to conflict in the Middle East, Energy and Petroleum Cabinet Secretary Opiyo Wandayi has said, seeking to calm fears of shortages and price spikes. Wandayi stated that the country’s strategic and commercial fuel inventories remain within statutory requirements, with diesel, petrol and jet fuel volumes adequate to meet domestic consumption […]

Sony Santa Monica is developing a new project set within the universe of God of War, signalling an expansion of the long-running action-adventure franchise that has centred on the character Kratos for nearly two decades. Multiple industry reports indicate the studio, owned by Sony Interactive Entertainment, is working on a separate title distinct from the mainline series that concluded its Norse saga with God of War Ragnarök […]

Tether has appointed Deloitte to provide an independent attestation of reserves backing its new USAT stablecoin, marking a notable step in the issuer’s long-running effort to bolster transparency around its dollar-linked tokens. The engagement, confirmed by the company, will result in a third-party report verifying assets held against USAT at a specified date. Unlike a full financial audit, the attestation offers a point-in-time snapshot of reserves and […]

By Ashok Nilakantan Ayers NEW YORK: The war that began with a lightning decapitation strike has settled into something far more uncertain. President Donald Trump said Tuesday that U.S. military operations against Iran could last “four to five weeks” — and possibly “far longer.” Across the Atlantic, Prime Minister Benjamin Netanyahu defended Israel’s decision to […]

The article Trump-Netanyahu’s Iran War May Be Prolonged Involving More Countries appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Unidentified airborne objects struck an Amazon Web Services facility in the United Arab Emirates this week, igniting a fire that disrupted cloud services across parts of the Middle East and sharpened concerns over the vulnerability of digital infrastructure during periods of geopolitical strain. Amazon Web Services, the cloud division of Amazon, confirmed that an incident affected operations at one of its availability zones in the UAE, leading […]

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA