Arabian Post Staff -Dubai A consortium led by Saudi Arabia’s sovereign wealth vehicle, the Public Investment Fund, alongside private equity firm Silver Lake and Affinity Partners has launched a strategic tender offer for about $1.5 billion of debt tied to Electronic Arts as part of efforts to reshape the financial structure underpinning its landmark acquisition of the gaming giant. The move could signal a shift in how major […]
Nordic data centre operator atNorth has confirmed plans to develop a 300MW high-density colocation campus in Sollefteå Municipality, Sweden, marking one of the largest artificial intelligence-focused infrastructure projects announced in the region. The facility, to be built at the Hamre Industrial Park, is scheduled to begin operations in the first half of 2028. Company executives said the campus is designed to meet accelerating demand for AI and […]
Nigerian banks are entering 2026 with firmer balance sheets and improved capital buffers, positioning the sector for expansion as regulatory deadlines draw closer. Analysts at Lagos-based investment banking and research firm Chapel Hill Denham say the industry’s strengthened fundamentals provide a platform for earnings growth, credit expansion and renewed investor confidence. At the centre of this shift is the Central Bank of Nigeria’s recapitalisation directive, announced in […]
New Delhi has set a target of raising ₹1.79 trillion, equivalent to about $20 billion, through public listings of state-run enterprises by the 2029/30 financial year, signalling a recalibration of its privatisation strategy towards stake sales rather than outright transfers of ownership. The plan forms part of a wider asset monetisation programme aimed at generating $183.7 billion over the next four years, according to a report issued […]
Bitmine Immersion Technologies, a publicly traded crypto-focused firm, has scaled its treasury to US$9.6 billion, driven predominantly by its growing Ethereum holdings and staking operations, officials announced as of 22 February 2026. The accumulation comes as the broader crypto market contends with persistent price weakness, yet Bitmine’s strategy underscores its intent to cement a dominant position within the Ethereum ecosystem and global crypto treasuries. Bitmine’s balance sheet […]
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Etihad Airways posted a near 50 per cent rise in net profit to $698 million for 2025, as expanded capacity and firm travel demand across key markets pushed passenger numbers higher and lifted seat occupancy. The Abu Dhabi carrier said its performance reflected stronger yields, disciplined cost management and a broader network, with chief executive Antonoaldo Neves pointing to sustained investment in product upgrades and customer satisfaction. […]
Producer prices in the Republic of Korea rose for a fifth straight month in January, driven by firmer semiconductor prices and higher agricultural costs, according to central bank data that point to lingering pipeline inflation pressures in Asia’s fourth-largest economy.
Figures released by the Bank of Korea showed the producer price index increased on both a monthly and annual basis, extending a run of gains that began in early autumn. Officials attributed the latest rise largely to a rebound in memory chip prices and elevated food-related costs, reflecting supply constraints and weather-related disruptions.
Semiconductors, a cornerstone of the country’s export-led economy, played a decisive role. Prices for key memory products, including DRAM and NAND flash, strengthened as global demand for data centres and artificial intelligence applications continued to absorb inventories. After a prolonged downturn that weighed on manufacturing output through 2023, chipmakers have benefited from tighter supply and renewed investment in high-performance computing, pushing upstream prices higher.
Industry analysts say the upturn in chip prices has filtered through supply chains, lifting overall producer prices even as energy costs have remained comparatively stable. Manufacturing accounts for a substantial share of Korea’s producer basket, meaning swings in technology components can exert an outsized influence on headline figures.
Agricultural products also recorded notable gains. Unfavourable weather conditions and higher input costs contributed to increases in fruit, vegetable and livestock prices. Food-related producer costs are closely watched because they can pass through to consumer prices with a lag, particularly in a country where household spending on fresh produce forms a visible part of the inflation basket.
The latest data suggest cost pressures remain uneven across sectors. While energy prices have moderated from peaks seen after geopolitical disruptions in global oil and gas markets, certain industrial materials and processed foods have shown persistent firmness. Service-sector producer prices, including transport and logistics, have also edged higher, reflecting wage adjustments and operating expenses.
Economists note that sustained increases in producer prices can eventually feed into consumer inflation, although the transmission is neither automatic nor immediate. Consumer price growth has eased from multi-year highs reached in 2022, but remains sensitive to food and housing costs. The central bank has kept its benchmark interest rate at a restrictive level since early 2023 in a bid to anchor inflation expectations and support financial stability.
Policy deliberations in Seoul have balanced the need to contain price pressures against concerns over slowing domestic demand and household debt. Export performance has improved alongside the semiconductor recovery, yet construction activity and private consumption have shown mixed signals. A continued rise in producer prices may complicate the timing of any monetary easing, particularly if global commodity prices remain volatile.
The global context adds another layer of uncertainty. Demand for advanced chips linked to artificial intelligence has bolstered Korea’s trade outlook, but cyclical risks persist in other manufacturing segments, including petrochemicals and steel. At the same time, agricultural markets remain exposed to climate variability, which can amplify price swings and affect food security.
Market participants are closely monitoring whether the current producer price trend represents a stabilisation after last year’s weakness or the beginning of a more entrenched cost cycle. Some analysts argue that the semiconductor rebound is structural, underpinned by sustained capital expenditure in cloud infrastructure and next-generation devices. Others caution that technology demand can be volatile, and that inventory adjustments may re-emerge later in the year.
For policymakers, the composition of producer price growth is as important as the headline number. Increases concentrated in export-oriented sectors may bolster corporate earnings and investment, whereas broad-based gains across consumer-linked industries could signal renewed inflationary momentum. The central bank has indicated it will continue to assess data on prices, wages and growth before making any shift in its policy stance.
Businesses, meanwhile, face decisions on whether to absorb higher input costs or pass them on to customers. Large technology firms may have greater pricing power in global markets, but small and medium-sized enterprises, particularly in food processing and retail supply chains, operate on thinner margins.
Scientists are advancing a radical approach to cancer therapy by engineering bacteria capable of infiltrating tumours and breaking them down from within, exploiting the low-oxygen conditions at their core to trigger a controlled biological assault. Research teams across the United States, Europe and Asia are refining strains of bacteria that preferentially colonise solid tumours, particularly in regions where conventional treatments struggle to penetrate. Tumour cores are typically […]
Stablecoin payments firm RedotPay is weighing a public listing in the United States that could raise as much as $1 billion, signalling growing investor appetite for crypto-linked financial infrastructure as digital dollar transactions gain traction across retail and cross-border commerce. People familiar with the matter indicate the company has begun exploratory discussions with advisers about a potential initial public offering, though timing and valuation remain subject to […]
By Nantoo Banerjee The global AI impact summit 2026 in Delhi, last week, couldn’t have come at a more appropriate time when the world continues to be somewhat skeptical about adoption of Artificial Intelligence (AI), its limitations and potential consequences. Thanks to the pioneering effort by firms such as Nvidia, Microsoft, Google, Amazon, Meta and […]
The article India Should Adopt ‘Trustworthy’ AI Tools To Stay Safe And Transparent appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
The partnership is designed to provide greater confidence throughout the EV ownership journey—ensuring that premium electric vehicles are supported by reliable charging solutions, responsive roadside assistance, and integrated digital services. By combining VinFast’s expanding EV presence in the UAE with PlusX Electric’s on-demand charging capabilities and infrastructure expertise, the two parties will work together to deliver a seamless, convenience-led, and assurance-driven experience for VinFast drivers.
Under the MoU, VinFast and PlusX Electric will collaborate across a structured set of initiatives focused on charging availability, ownership support, and infrastructure enablement across key use cases, including home, workplace, fleet, and on-road assistance.
Specifically, the two parties aim to deploy Portable EV Charging Pods to meet customers’ flexible charging needs during vehicle usage, while enabling access to On-Demand Mobile Charging services designed to assist in time-sensitive situations. The partnership will also explore EV Roadside Assistance (RSA) – Emergency Charging services, helping reduce range anxiety and vehicle downtime while strengthening customer assurance through clearly defined service workflows and operational readiness.
In addition, PlusX Electric may become a preferred partner for the supply, installation, and aftersales support of Home & Office Chargers for VinFast customers in the UAE, in alignment with applicable UAE compliance requirements. For commercial and fleet segments, the two parties will explore scalable solutions such as DC Fast Charger Leasing and dedicated mobile charging support, ensuring operational continuity and efficiency for B2B and fleet customers.
As part of the collaboration, VinFast and PlusX Electric will further explore digital integration initiatives to streamline how customers access charging services, manage bookings, and receive service updates through partner platforms. The two parties will also assess potential integration of EV insurance offerings via the PlusX App and explore co-branding opportunities, including VinFast branding on PlusX Power Pods, with the objective of delivering a cohesive and fully integrated EV ecosystem experience.
Ms. Do Hoai Linh, CEO of VinFast Middle East, shared: “VinFast is committed to building a long-term and comprehensive EV ecosystem in the UAE—one that gives customers confidence not only in the quality and performance of our electric vehicles, but also in the reliability and accessibility of the supporting infrastructure. Through this MoU with PlusX Electric, we are strengthening the support layer around EV adoption by expanding access to flexible charging solutions, emergency assistance services, and integrated digital touchpoints. By working with a DEWA-approved partner that understands local regulatory requirements and operational realities, we aim to make EV ownership simpler, more dependable, and better aligned with the expectations of customers in the Middle East.”
Chintan Sareen – Founder and CEO of PlusX Electric added: “EV adoption accelerates when customers trust that charging and support are always within reach. Our collaboration with VinFast reflects a shared commitment to strengthening the EV ownership ecosystem in the UAE through dependable infrastructure, responsive roadside services, and customer-centric digital solutions. As a DEWA-approved provider, PlusX Electric brings localized expertise in charger supply and installation, mobile charging operations, and fleet enablement. Together with VinFast, we look forward to delivering practical, scalable solutions that enhance service reliability, reduce range anxiety, and support the continued growth of sustainable mobility in the region.”
Across the Middle East, VinFast continues to expand its presence through strategic partnerships, strengthened aftersales capabilities, and the development of EV-supporting infrastructure. The collaboration with PlusX Electric underscores VinFast’s long-term commitment to supporting customers throughout their ownership journey and contributing to the UAE’s transition toward sustainable and future-ready mobility solutions.
Hashtag: #Vinfast
The issuer is solely responsible for the content of this announcement.
VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC — one of Vietnam’s largest private conglomerates — is a pure electric vehicle (EV) manufacturer with a mission to make EVs more accessible to all. Its current product lineup includes a range of electric SUVs, e-scooters, e-bikes, and electric buses.
VinFast is entering its next phase of global growth by rapidly expanding its distribution and dealership network, strengthening manufacturing capabilities, and focusing on key markets in North America, Europe, and Asia.
Learn more about VinFast: 
https://me.vinfast.com/en
PlusX Electric is a DEWA-approved EV charging and electric mobility solutions company in the UAE, offering end-to-end charging services including charger supply and installation, mobile charging solutions, EV roadside assistance, and fleet charging partnerships. PlusX Electric is committed to making EV charging more accessible, reliable, and convenient for both individual and commercial customers across the UAE.
Renault is set to take full control of Flexis, the electric van joint venture it formed with Volvo Group and CMA CGM, marking a decisive shift in the French carmaker’s strategy to consolidate its position in the fast-growing light commercial vehicle segment. The company confirmed it will buy out the stakes held by truckmaker Volvo and shipping group CMA CGM in the venture, which was launched to […]
In Singapore’s unique multicultural landscape, dining is more than just a meal, it is a bridge between cultures. By securing official MUIS certification, Tim Hortons® strengthens its promise to provide a welcoming environment where every guest can gather with absolute peace of mind.
At Tim Hortons, we believe the best experiences are those that bring people together. Ramadan and Eid Al-Fitr are seasons defined by reflection, gratitude, and the spirit of sharing. We are honoured to receive this certification at such a meaningful time, allowing Tims to be a part of our guests’ festive traditions. Whether it is a cozy spot for Iftar or sharing our signature treats during Eid visits, we are delighted to be a part of your celebrations.
With the MUIS Halal seal, guests can now explore the full breadth of the Tim Hortons® menu, featuring a diverse array of flavours suited for both daily indulgence and festive hosting:
ideal for sharing during family gatherings and as gifts when visiting loved ones during communal Iftar gatherings and during the Hari Raya season.
The journey to MUIS Halal certification involved a comprehensive and rigorous audit of the entire Tim Hortons® operational ecosystem. This included a meticulous review of the supply chain, ingredient sourcing, and kitchen preparation processes. This achievement ensures that the high-quality standards Tim Hortons® is known for globally, are harmonized with the stringent religious and food safety requirements of MUIS.
As Tim Hortons® continues to expand its footprint across Singapore, where it currently operates 17 stores, this certification is a pillar for all future outlets. The brand looks forward to opening more doors across the island, ensuring that the “Tims” experience remains accessible to all Singaporeans.
Hashtag: #TimHortons
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Qatar’s $580 billion sovereign wealth vehicle is committing fresh capital to a private credit firm founded by former Goldman Sachs partners, marking another step in the Gulf state’s push into alternative assets. Qatar Investment Authority is investing a few hundred million dollars in 5C Investment Partners, according to people familiar with the matter. The funding is expected to support the firm’s expansion in direct lending, a segment […]
Several Saudi Arabian companies are moving ahead with plans to list shares in Riyadh, testing investor appetite at a time when volatile crude prices and regional tensions have weighed on the Tadawul All Share Index. Bankers and market participants say firms from oilfield services, manufacturing, telecommunications and contracting are preparing prospectuses or holding early talks with advisers, signalling a revival in primary market activity after a subdued […]
More than a thousand malicious plug-ins capable of siphoning cryptocurrency wallet data and sensitive credentials have been identified on OpenClaw’s ClawHub platform, raising fresh concerns over the security of decentralised software marketplaces and the speed at which harmful code can spread through developer ecosystems. Security researchers examining ClawHub said they had flagged 1,184 so-called “skills” that appeared designed to harvest SSH keys, private wallet information and other […]
Global technology groups including Microsoft, Amazon and Google have pledged billions of dollars to expand cloud and AI infrastructure across the country, betting on strong digital adoption, a vast developer base and policy support from New Delhi. At the same time, domestic conglomerates such as Reliance Industries and the Adani Group have unveiled plans to scale up capacity, signalling an arms race to capture the next phase of AI growth.
The surge is centred on established data centre hubs such as Mumbai, Hyderabad, Chennai and the National Capital Region. Industry estimates place India’s operational data centre capacity at more than 900 megawatts, with projections that this could double within a few years as hyperscale facilities come online. Much of the new supply is being designed for AI workloads, which require more powerful processors and higher rack densities than traditional cloud computing.
Microsoft has committed to expanding its Azure footprint in multiple regions, while Amazon Web Services continues to invest in its Mumbai and Hyderabad zones. Google Cloud has also deepened its presence, citing demand from financial services, healthcare and government clients. Nvidia, whose graphics processing units underpin many AI systems, has strengthened partnerships with Indian firms to support sovereign AI initiatives and localised computing.
Officials argue that this wave of investment will support economic growth, digital inclusion and advanced research. India’s data protection framework and semiconductor incentives have been positioned as part of a broader strategy to create a resilient digital ecosystem. The government has also outlined ambitions to develop domestic AI models trained on local languages and datasets, increasing the need for high-performance computing infrastructure within national borders.
Yet environmental experts warn that the geography of expansion raises difficult trade-offs. Mumbai and Chennai, two of the country’s largest data centre clusters, face periodic water shortages and are vulnerable to climate-related risks, including extreme heat and flooding. Hyderabad, another key hub, has experienced mounting pressure on groundwater resources amid rapid urbanisation.
AI data centres are particularly resource-intensive. Training large language models can consume vast amounts of electricity, and the cooling systems required to maintain optimal temperatures often rely on significant volumes of water. While operators increasingly use advanced cooling technologies and pursue renewable energy procurement, critics question whether efficiency gains can keep pace with the scale of expansion.
According to industry analysts, AI-optimised facilities can draw substantially more power per rack than conventional data centres. India’s peak power demand has been rising steadily, touching record highs during heatwaves. Coal continues to account for a large share of electricity generation, although solar and wind capacity have expanded rapidly. The tension between decarbonisation goals and surging digital energy needs is becoming more pronounced.
Water usage is another flashpoint. Traditional evaporative cooling systems can require millions of litres annually for large facilities, though some operators are shifting to air-cooled or liquid immersion systems to reduce dependence on freshwater. Companies state that they are investing in water recycling, rainwater harvesting and wastewater treatment, particularly in regions classified as water-stressed.
Environmental groups argue that even with mitigation measures, cumulative impacts could strain local communities. Urban residents in Chennai and parts of Maharashtra have already experienced water rationing during drought periods. The prospect of energy-hungry AI campuses expanding in these same areas has prompted calls for stricter environmental assessments and greater transparency around resource use.
Corporate leaders counter that hyperscale operators often have stronger sustainability commitments than smaller, on-premise data centres. Many global firms have pledged to run on 100 per cent renewable energy and to become water positive within the decade. In India, power purchase agreements for solar and wind farms are increasingly tied to data centre projects, supporting the build-out of clean energy capacity.
Policy makers face a delicate balancing act. Digital infrastructure is viewed as critical to competitiveness, especially as countries race to develop generative AI capabilities. India’s large pool of engineers and its expanding start-up ecosystem make it an attractive base for AI research and deployment. Delaying capacity expansion could risk ceding ground to regional rivals in Southeast Asia or the Middle East, where governments are also courting hyperscale investment.
At the same time, climate resilience is rising on the national agenda. The country has set ambitious renewable energy targets and emphasised sustainable development in international forums. Integrating AI growth with environmental safeguards will test regulatory frameworks at both central and state levels.
Dubai authorities have revived and significantly expanded a Ramadan initiative aimed at encouraging children to attend mosque prayers, rolling it out to more than 300 mosques across the emirate as part of a broader push to deepen community engagement during the holy month. The programme, known as Ayal Al-Freej, invites children aged between six and 12 to collect special Ramadan “passports” that are stamped each time they […]
Sony Interactive Entertainment is closing Bluepoint Games, the Texas-based developer known for high-profile remakes and its work on God of War Ragnarök, resulting in the loss of around 70 jobs and marking another restructuring move within PlayStation Studios. The decision brings to an end a studio widely regarded for reviving classic titles for modern hardware. Bluepoint Games, founded in 2006 and based in Austin, built a reputation […]
ProShares’ first exchange-traded fund designed to hold tokenised cash instruments attracted roughly $17 billion in assets on its market debut, igniting speculation across digital asset markets about whether Circle had shifted part of the reserves backing its USDC stablecoin into the vehicle. The scale of the launch marked one of the largest first-day asset gatherings for a US-listed ETF and underscored the pace at which traditional asset […]
Dubai has moved into the next stage of its real estate tokenisation drive, expanding the initiative onto the XRP Ledger in a bid to widen investor access and streamline property transactions through blockchain technology. The second phase of the emirate’s Real Estate Tokenisation Project allows approved investors to trade fractionalised property interests recorded on the XRP Ledger, a public blockchain associated with Ripple. Officials say the move […]
Arabian Post Staff -Dubai Dubai Aerospace Enterprise’s leasing arm is nearing an agreement to acquire a controlling stake in Macquarie AirFinance, signalling a significant shift in the global aircraft leasing market as investors seek to capitalise on tight jet supply and strong airline demand. Industry executives familiar with the discussions said Dubai-based DAE Capital is in advanced negotiations to take control of the leasing platform, which […]
Greenlogue/AP More than 40 manufacturing facilities have been awarded the Green Factory Seal by Bahrain’s Ministry of Industry and Commerce, marking a push to embed environmental standards and energy efficiency deeper into the kingdom’s industrial base. Officials said the certification recognises factories that meet benchmarks on resource conservation, waste reduction, emissions control and compliance with national environmental regulations. The scheme forms part of a broader strategy to […]
Lumen’s Advanced MDR offering delivers comprehensive, AI-powered threat detection and response across cloud, on-premises, identity, and OT environments – helping customers gain full-spectrum visibility and control over their security operations. Built on Palo Alto Networks Cortex XSIAM platform, which unifies XDR, SOAR, ASM, and SIEM capabilities, the solution simplifies SOC workflows, eliminates console switching, and accelerates incident response through automation and advanced analytics. This platform-centric approach not only improves detection accuracy but also reduces operational complexity and licensing overhead.
As a Select Partner, Lumen supports seamless deployment of Cortex XSIAM, empowering customers to transform their security posture with confidence. Customers benefit from continuous threat hunting, tailored playbooks, and asset discovery powered by Lumen’s SOC analysts and Black Lotus Lab. With deep regional expertise, a strategic global network of SOCs, and a customer-first success model, Lumen ensures proactive defence against evolving threats.
Lumen has also recently been recognised in the Major Players Category in the IDC MarketScape: Asia/Pacific (excluding Japan) Managed Detection and Response (MDR) Services 2025 Vendor Assessment[1]. Lumen believes this recognition further validates its leadership in delivering scalable, outcome-driven security solutions.
“Our Advanced MDR offering is designed to give customers clarity and control in the face of growing cyber complexity. Partnering with Palo Alto Networks allows us to deliver a unified, intelligence-driven platform that not only strengthens security operations but also aligns with our customers’ business goals. This specialisation validates our ability to deliver trusted, outcome-focused cybersecurity, backed by deep regional expertise and a commitment to proactive protection,” said Ignatius Wong, Senior Director, Managed & Professional Services, APAC at Lumen Technologies.
Michelle Saw, Vice President, GTM Shared Services and Ecosystems, Asia-Pacific and Japan at Palo Alto Networks, said, “Lumen’s achievement is a significant milestone that reinforces our commitment to a partner ecosystem focused on delivering world-class security outcomes in APAC. In today’s complex threat landscape, customers need the power of a unified, AI-driven platform like Cortex XSIAM, combined with the deep regional expertise and managed services of a trusted partner like Lumen. We are proud to collaborate with Lumen to empower businesses across the region to transform their security posture and confidently face the next generation of cyber threats.”
Hashtag: #LumenTechnologies
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Lumen is unleashing the world’s digital potential. We ignite business growth by connecting people, data, and applications – quickly, securely, and effortlessly. As the trusted network for AI, Lumen uses the scale of our network to help companies realise AI’s full potential. From metro connectivity to long-haul data transport to our edge cloud, security, managed service, and digital platform capabilities, we meet our customers’ needs today and as they build for tomorrow.
