Arabian Post Staff -Dubai Saudi Arabian Oil Company has entered preliminary talks to sell stakes in key export and storage terminals and possibly parts of its real-estate portfolio, aiming to raise over US$10 billion in what may become its most substantial disposals to date. The oil giant has invited banks to pitch feasibility studies and is weighing financing options that include equity raises or structures resembling the […]
By Nantoo Banerjee The government may disagree but India’s persistent trade deficit is ruining the country’s economy despite its impressive growth. Last month, import-happy India’s trade deficit reached a record high level of US$41 billion as exports witnessed the sharpest monthly decline over a year. Unfortunately, a big surge in gold imports during October by […]
The article Behind India’s Rising Foreign Debt Is Growing Trade Deficit appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Dubai’s leadership has endorsed a comprehensive architectural identity for the emirate’s road network, signalling a major shift in how transport infrastructure is designed and experienced. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, in his capacity as Chairman of the Executive Council of Dubai, approved the framework that aligns with the city’s broader ambition to deliver integrated, sustainable and visually coherent urban environments. The initiative, overseen by […]
Greenlogue/AP Riyadh – Tanmiah Food Company, one of Saudi Arabia’s largest vertically integrated poultry and food producers, has signed three strategic memoranda of understanding and launched what it calls the region’s first geothermal-cooled poultry facility, marking a significant move in its sustainability and decarbonisation drive. The agreements were unveiled during the inaugural Saudi Agri‑Food Tech Alliance Forum at the headquarters of the Ministry of Environment, Water and […]
Abu Dhabi-listed NMDC Energy has launched a full branch in Taiwan and a commercial office in Shanghai, marking a strategic move into the Asia-Pacific region to support its project pipeline and strengthen supply-chain relationships. The company also sealed a memorandum of understanding with CITIC Steel, one of China’s largest steel producers, signalling a concerted effort to lock in reliable sourcing for its energy-services operations. NMDC Energy’s decision […]
During the G20 Leaders’ Summit in Johannesburg, the Managing Director of the International Monetary Fund, Kristalina Georgieva, stated that the Fund expects the Group of Twenty major economies to place sustained emphasis on global debt vulnerabilities, particularly in developing nations. She warned that global public debt is projected to exceed 100 % of world GDP by 2029 without decisive action, and added that the IMF intends to […]
Leaders of India and South Africa affirmed a joint commitment to amplify the resonance of the Global South during a bilateral meeting on the margins of the G20 summit in Johannesburg. India’s Prime Minister met South African President Cyril Ramaphosa to review an expanding partnership that now encompasses trade, digital infrastructure and critical-minerals cooperation.
The leaders emphasised the historical foundation of bilateral ties, tracing back to shared anti-colonial struggles and longstanding people-to-people links. They identified emerging sectors of collaboration, including artificial intelligence and digital public platforms, as well as enhanced investment flows across innovation, infrastructure and mining sectors.
India expressed gratitude to South Africa for its role in relocating cheetahs to India and extended an invitation for South Africa to join the International Big Cat Alliance. At the G20 held in Johannesburg, which is the first summit of its kind hosted on African soil, South Africa has sought to spotlight issues of development, sustainability and Global South equity.
The two countries signalled their readiness to facilitate mutual investments, noting the growing footprint of Indian firms in South Africa and a shared interest in deepening bilateral ties in mining, start-ups, technology and infrastructure. They agreed to enhance support frameworks for these sectors.
In the domain of digital transformation, the meeting explored ways in which India’s Digital Public Infrastructure experience could be shared with South Africa, with the leaders discussing a roadmap for cooperation in those digital arenas that support transparency, inclusion and scalability.
On critical minerals—the backbone of technologies from electric vehicles to renewable energy systems—the dialogue underscored the strategic convergence of India’s growth ambitions and South Africa’s resource endowment. Both governments emphasised sustainable extraction, value-chain development and mutual investment as priorities.
The meeting also took place against the backdrop of global institutional reform debates, where developing countries increasingly seek to adjust frameworks such as the IMF and development banks. South Africa, as serving G20 chair, has framed its presidency around the themes of solidarity, equality and sustainability, particularly as representative of countries in the Global South.
While the two leaders concentrated on bilateral priorities, they also discussed multilateral coordination and collective platforms. They welcomed South Africa’s initiative to convene the IBSA leaders meeting and affirmed cooperation ahead of India’s upcoming chairship of BRICS in 2026.
Observers note that India–South Africa ties have evolved from traditional trade and diplomacy to a more strategic convergence around technology, investment, and global governance. According to experts, this shift reflects the changing priorities of middle powers in a multipolar world, where alignment on development and technological sovereignty is rising.
However, there remain practical challenges. For South Africa, translating resource-rich endowments into sustainable, inclusive growth has long been a domestic policy hurdle. For India, ensuring that digital partnerships respect both sovereignty and local capacity presents implementation risks. Critics argue that while high-level pledges are valuable, they must be matched by concrete mechanisms, regulatory clarity and project-level follow-through.
In trade terms, the two countries’ discussions come at a time when global supply-chain realignments and technology competition are raising the stakes for investment in emerging markets. Indian companies entering South Africa will need to navigate regulatory complexity, local participation requirements and the country’s infrastructure bottlenecks. South Africa, for its part, will have to ensure that its mining and start-up ecosystem attract and retain investment while meeting environmental and community benchmarks.
The diplomatic messaging also signals a broader orientation for both nations. India’s engagement with Africa has increasingly focused on capacity-building and infrastructure, while South Africa has positioned itself as a voice for Africa in global forums. Their joint push to amplify the Global South suggests an intention to influence agendas around debt relief, climate finance, digital equity and reform of global institutions.
The Fund offers a flexible revenue-share token, unlocking AI infrastructure access from US$1,000 HONG KONG SAR – Media OutReach Newswire – 23 November 2025 – Pioneer Asset Management Limited (“Pioneer“), a subsidiary of Tykhe Capital Group Limited (“Tykhe Capital“), a leading Real-World Asset (RWA) and Security Token Offering (STO) innovator in the Asia-Pacific region and Skyvast Digital Sdn. Bhd. (“Skyvast“), today announced the launch of the world’s […]
JAKARTA, INDONESIA – Media OutReach Newswire – 21 November 2025 – At the GAIKINDO Jakarta AutoShow 2025, taking place from November 21 to 30, 2025, VinFast will present an exclusive preview of the seven-seat, three-row Limo Green ahead of its official market launch in Indonesia next year. Alongside this highlight, the Company will also make its first public showcase in Indonesia of the VF Wild concept. The […]
Google’s top infrastructure executive has informed staff that the company must double its artificial-intelligence compute capacity every six months to keep pace with escalating demand. Amin Vahdat, vice-president of AI infrastructure at Google Cloud, stated that this rapid expansion is critical if the company is to achieve the next “1,000×” increase in compute over the next four to five years. Vahdat delivered the message during an all-hands […]
AI-as-a-Service applications will make AI virtual CFO and COO for SMEs Public-private collaboration in regulatory sandboxes help to provide clarity and certainty when it comes to new technology like tokenisation and AI SINGAPORE – Media OutReach Newswire – 21 November 2025 – Eric Jing, Chairman of Ant Group, said the company’s focus is on putting new payment and operation tools powered by AI and tokenisation technology in […]
Abu Dhabi’s infrastructure expansion enters an ambitious phase with the Abu Dhabi Projects and Infrastructure Centre announcing a capital-projects pipeline valued at US$54 billion over the next five years, and ambitions to double the size of this programme by 2040. Officials described the initiative as a broad invitation to overseas and regional contractors to engage in major new developments spanning housing and social infrastructure. During a road-show […]
New Consumer Insights and Digital Strategies Shaping Thailand’s Luxury Landscape BANGKOK, THAILAND – Media OutReach Newswire – 21 November 2025 – LINE Thailand hosted “FLAIR BKK ’25”, an exclusive gathering of luxury leaders in Thailand and abroad. The event unpacked emerging luxury trends, shifting consumer aspirations from ownership to experience-driven value, and the rising influence of digital innovation across the luxury sector. It also highlighted Thailand’s accelerating […]
Arabian Post Staff -Dubai During a private audience at the Vatican, Pope Francis offered high praise for the United Arab Emirates, describing the country as a “global model” for promoting the values of coexistence and human fraternity. He underlined the readiness of the Holy See to deepen cooperation with the Higher Committee of Human Fraternity, an initiative rooted in the landmark February 2019 document on human fraternity. […]
BANGKOK, THAILAND – Media OutReach Newswire – 21 November 2025 – The Marketing Organization for Farmers (Or Tor Kor), under the Ministry of Agriculture and Cooperatives, in collaboration with Asia Era One Co., Ltd., is set to launch a major promotional event spotlighting Thailand’s high-value tropical agricultural products. The event, titled “Thailand’s Oriental Agricultures and Authentic Thai Cuisine—Premium Tropical Produce and Thai Gastronomy to the World,” will […]
Matein Khalid India’s NSE Nifty scaled a milestone on Dalal Street this morning, rising 160 points as I write to 26205. This has little to do with Nvidia/Jensen Huang’s fabulous guidance last night and everything to do with global fund managers attracted Asia’s Cinderella EM of 2025 by the BJP’s supply side policy pivot to slash the GST, ramp up post-Bihar election capex, boost consumption even as […]
The Abu Dhabi Securities Exchange has marked its 25th year, standing today as one of the world’s top 20 stock markets by market value. Founded in 2000 with just 12 listed companies, the exchange now hosts more than 200 securities, carries a market capitalisation in excess of AED 3 trillion and counts 1.2 million investors drawn from over 200 nationalities. This milestone comes as the ADX embarks […]
Abu Dhabi-listed NMDC Energy PJSC has opened a new branch in Taiwan and established a commercial office in Shanghai as it taps deeper into the Asian energy services market and seeks to strengthen its upstream supply-chain links. The company confirmed the Taiwan branch and Shanghai office during its latest expansion move. The move follows NMDC Energy’s award of a US $1.136 billion engineering, procurement and construction contract […]
Valetax marked a major milestone with a powerful presence at Jeddah Fintech Week 2025, held on 16 and 17 November at the Jeddah Hilton Hotel. As the Official Sponsor, the company delivered an impactful showcase that strengthened its relationships with traders, partners, and fintech professionals while reaffirming its long-term commitment to innovation, transparency, and partnership-driven growth across the MENA region. This year’s edition of Jeddah Fintech […]
Dubai-based upstream operator Dragon Oil has announced a major new oil discovery offshore Egypt’s Gulf of Suez, a development that industry watchers say could underpin its ambition to boost production significantly by 2026. The company, a unit of Emirates National Oil Company, made the find at its North-East Ramadan Concession, reaching a total depth of 13,425 feet to intersect the Crystal NER-1X reservoir in the Honey Sand formation. Initial wireline logs confirmed a 224-foot hydrocarbon column, indicating meaningful commercial potential.
The well was drilled under the company’s commitment agreement in the NE Ramadan concession in partnership with Egypt’s Egyptian General Petroleum Corporation and the Gulf of Suez Petroleum Company. The pair of state-owned Egyptian entities jointly operate with Dragon Oil in the concession. The flow to production is projected at around 3,000 barrels per day once the well is tied into existing infrastructure. Final wireline logging, core sampling and reservoir evaluation are underway before full integration into the production grid scheduled for July.
The discovery supports Dragon Oil’s longer-term plan to raise output from its current base of more than 140,000 barrels of oil per day and achieve an aggregate target of roughly 300,000 barrels of oil equivalent per day by 2026, according to the company’s investor materials. The Gulf of Suez investment follows earlier gains from assets in Turkmenistan, Iraq and Algeria. Additionally, the firm signed a strategic memorandum of understanding with PETRONAS in late October to explore upstream growth opportunities in Asia-Pacific and other frontier regions, signalling a willingness to pursue both organic and acquisition-driven expansion.
In Turkmenistan, Dragon Oil expects production to rise to approximately 200,000 bopd by 2030, leveraging digital-technology programmes such as artificial-intelligence-enabled reservoir modelling and real-time monitoring. The company has invested more than US$11 billion in the country’s oil sector since the production-sharing agreement began in 1999 and has added more than 200 social-development projects in local regions. That upstream base remains a pillar of its global growth model.
Analysts say the Egyptian find is particularly significant because it taps an under-developed offshore domain using advanced Ocean-Bottom Node seismic technology that identified the Honey Sand formation. The drilling from the existing Al-Fanar platform avoided major new infrastructure investment, improving cost efficiency and time to tie-in. The fact that Dragon Oil already holds the working interest via its GUPCO joint venture means it can fast-track upstream investment and production.
Nevertheless, a number of risks remain. The Egyptian concession still requires commercial validation of reservoir behaviour and sustained flow testing; many wells encounter initial signs of hydrocarbons but fail to deliver long-term viability. The broader upstream industry is also under increasing pressure from the energy-transition agenda and environmental-regulation developments. Investors and stakeholders will watch closely how Dragon Oil balances growth ambitions with the demands of sustainability, given the global shift away from fossil fuels.
Company leadership emphasises that the teamwork between its Dubai and Cairo operations, together with EGPC and GUPCO partners, reflects a mature technical capability that bodes well for further exploration success. Chief Executive Abdulkarim Ahmed Al Maazmi said the technical result “demonstrates the strength of our technical partnership and underlines our vision to unlock new opportunities across our assets in Egypt.”
Regionally, the Gulf of Suez has been a mature producing basin, yet the new find suggests there remains untapped potential when combined with modern subsurface imaging and drilling techniques. Some energy-sector commentators believe the discovery could encourage other operators to revisit older fields or deeper formations, heightening competition.
BEIJING, CHINA – Media OutReach Newswire – 20 November 2025 – China showcased its environmental achievements at a side session during the 30th UN Climate Change Conference (COP30) in Belém, Brazil, on November 10, underscoring its broader vision of ecological civilization and its ongoing efforts to address climate change. The event, held at the China Pavilion under the theme on ecological civilization and the practice of building […]
Production at the Volkswagen Group Africa facility in Kariega, Eastern Cape, has surpassed two million units of the Volkswagen Polo, marking a significant achievement for the plant and the region’s automotive sector. The milestone vehicle, a smoky-grey model destined for Australia, rolled off the production line earlier this month, underlining the global scope of manufacturing at the site. The factory, known as the “Home of Polo”, began […]
HONG KONG SAR – Media OutReach Newswire – 20 November 2025 – With over 125 years of history in Japan, the legendary Japanese brand revered as the “King of Purebred Chicken”, “TORI SANWA,” has seen continuous high popularity and enthusiastic response since its launch in Times Square, Causeway Bay. To meet the fervent anticipation of its broad customer base, TORI SANWA is collaborating with family style Café […]
Starting a business in Dubai is one of the most exciting ventures you can undertake in 2026. The city’s dynamic economy, global connectivity, and investor-friendly policies make it an ideal destination for entrepreneurs and corporations alike. However, navigating government approvals, visa processing, and licensing can be time-consuming if you go it alone. That’s where PRO services in Dubai comes into the picture. These professional support services simplify […]
