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OpenAI will purchase approximately $300 billion worth of cloud computing capacity from Oracle over a five-year period beginning in 2027, according to statements from the companies and industry analysts. The deal is among the largest ever in the cloud infrastructure sector, and is intertwined with OpenAI and Oracle’s joint Stargate initiative. The agreement requires Oracle to supply 4.5 gigawatts of power-capacity for the data centres that will […]

By D. Raja The coming to power of the BJP with an absolute majority in the 2014 general elections was not merely a routine transfer of power from one democratically elected government to another. It marked a qualitative shift in the very nature of our polity. The BJP is the political arm of the Rashtriya […]

AI-Driven Innovation Unlocks the Missing Piece in Digital Entertainment HONG KONG SAR – Media OutReach Newswire – 12 September 2025 – The Digital Entertainment Leadership Forum 2025 (DELF 2025), Cyberport’s annual flagship event, officially kicked off today. Under the theme “Adventure Island: Unlock Innovation with The Missing Piece”, the three-day event (12–14 September) welcomes industry professionals and the public to immerse themselves in a carnival-style programme. Highlights […]

The role of artificial intelligence in reshaping the global economy has never been more critical. According to the latest projections, AI is poised to add a staggering $15.7 trillion to global GDP by 2030. This growth is expected to revolutionise various sectors and create new economic paradigms as nations and industries race to harness the transformative potential of AI. The growth trajectory of AI is being driven […]

The OpenSearch Software Foundation has appointed Bianca Lewis as its new Executive Director, tasking her with guiding the foundation’s strategy, growing its community engagement, and maintaining vendor-neutral development. She takes on the post as the foundation marks its first year under the Linux Foundation banner. Lewis arrives with more than two decades of experience in technology, entrepreneurship, and business strategy, having held leadership roles at firms such […]

An Israeli airstrike in Doha targeting Hamas leaders and a large drone incursion by Russian forces into Poland have severely challenged the United States’ standing among allies and adversaries alike. These events have intensified debates over Washington’s influence and reliability in preserving international norms and regional security. The Doha attack struck a compound used by senior Hamas political figures, including some negotiating with Qatar over a proposed […]

A senior Tesla engineer has resigned, accusing Chief Executive Elon Musk of leading with what he describes as “seriously compromised” leadership. He claims the company’s mission and integrity are being undermined, citing concerns about dishonesty, manipulation of public discourse and support for climate change denial. Giorgio Balestrieri, who had spent eight years at Tesla and worked on the company’s European energy trading algorithms—specifically the Autobidder platform that […]

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Shares of Orascom Construction leapt sharply when the company began trading on the Abu Dhabi Securities Exchange, underscoring investor appetite for infrastructure-linked growth in the Gulf. The stock closed its first session up about 27 per cent at AED 38.10, having opened near AED 30.15, valuing the company at approximately AED 4.2 billion. Orascom Construction shifted its primary listing from Nasdaq Dubai, while maintaining its secondary listing […]

HONG KONG SAR – Media OutReach Newswire – 11 September 2025 – CODY out of home (CODY OOH), renowned for its innovation and excellence in outdoor advertising, has won multiple awards at the 12th Spark Awards. Notably, it received the Gold Award for Best Media Event for hosting Hong Kong’s first “Motion Academy: Craft Beer Edition,” showcasing its leadership position in the Hong Kong media industry. CODY […]

Discussions between Washington and New Delhi are said to have reached a critical stage, with US officials making India’s cessation of buying Russian oil a central condition for sealing a bilateral trade agreement. Ambassador-nominee Sergio Gor, during his Senate Foreign Relations Committee hearing, stated that the two sides are “not that far apart” and are now negotiating “the nitty-gritty” of deal terms. He added that ending oil purchases from Russia is one of the Trump administration’s highest priorities. Those talks are expected to involve India’s trade and commerce ministers in Washington next week.

Commerce Secretary Howard Lutnick echoed Gor’s position in an interview, saying the US will resolve trade barriers with India once India stops purchasing Russian oil. The US has imposed a 50% tariff on certain Indian goods, partly as a penalty tied to India’s energy imports from Russia, while insisting that market openness and reciprocal concessions are essential.

India’s leadership has defended its energy procurement strategy as aligned with national interests, citing economic factors and global market conditions. Finance Minister Nirmala Sitharaman reaffirmed that New Delhi intends to continue buying Russian crude, describing it as a practical choice given price and supply stability. She referenced the high import dependency for energy and refined fuels and argued that decisions about suppliers are driven by utility and cost.

Diplomatic signals suggest that the trade impasse stems from more than tariffs and oil. Gor characterised previous delays as “hiccups” and praised the personal rapport between President Donald Trump and Prime Minister Narendra Modi as playing a pivotal role in reopening the dialogue. He noted shared strategic goals, including countering Chinese influence, enhancing regional stability, and expanding cooperation in defence and infrastructure.

Analysts warn that making the Russian oil condition a non-negotiable requirement may limit India’s flexibility. New Delhi has maintained that certain sectors — agriculture, dairy, small producers — cannot absorb full opening of its markets without harming domestic stakeholders. As US pressure mounts through tariffs and public statements, India seeks assurances about trade access, particularly for its exports, while preserving sovereign control over energy policy.

SINGAPORE – Media OutReach Newswire – 11 September 2025 – Singapore has long been recognized as a pivotal hub in Gree’s Southeast Asia growth strategy. With its advanced infrastructure, strong sustainability agenda, and dynamic role in the Asia-Pacific market, Singapore provides the ideal platform for Gree to showcase cutting-edge technologies that combine comfort, energy efficiency, and environmental responsibility. This vision was further reinforced at the recent event, […]

General Catalyst has led a Pre-Series A funding round in PRYPCO, marking its first investment in a proptech venture in the Middle East. PRYPCO, a UAE-based property technology startup, has so far facilitated over AED 10 billion in mortgages, helped more than 3,000 people obtain UAE Golden Visas, and attracted upwards of 50,000 users to its platforms. PRYPCO was founded in 2022 by Amira Sajwani, who previously […]

HONG KONG SAR – Media OutReach Newswire – 10 September 2025 – AUX Electric Co., Ltd. (Stock Code: 2580.HK), the core air conditioning business of AUX Group, listed on the Hong Kong Stock Exchange on September 2nd. As the third major Chinese air conditioning company to list on the exchange, the event marks a milestone for the industry reflecting AUX’s philosophy of “quality as the cornerstone, innovation […]

Dubai Business Events secured the Association Development Award at the ICCA Middle East Summit, recognising its leadership in fortifying association capacity and fostering knowledge exchange across the region. The accolade was conferred by Fatima Bint Jaafar Al Sairafi, Bahrain’s Minister of Tourism, at Exhibition World Bahrain in partnership with the Bahrain Tourism and Exhibitions Authority.

At the summit, attended by more than 100 destination leaders and industry stakeholders from the region, the bureau’s commitment to advancing collaboration and sustainable development in the meetings industry was spotlighted. This recognition reflects its alignment with the Dubai Economic Agenda D33 and its mission to enhance the region’s global competitiveness in business events.

Dubai Business Events—part of the Dubai Department of Economy and Tourism—participated in a high-level panel discussion titled “The Future of Destination Leadership: Unlocking Regional Potential through Innovation, Inclusivity, and Sustainability,” alongside counterparts from Abu Dhabi, Bahrain, Oman and Jordan. The session highlighted how destinations across the Gulf are leveraging innovation, inclusivity and sustainable practices to shape the future of association meetings.

Ahmed Al Khaja, CEO of Dubai Festivals and Retail Establishment, hailed the accolade as evidence of their strategic foresight. He emphasised that associations—regardless of scale or sector—play a pivotal role in Dubai’s growth by facilitating knowledge exchange, industry development and economic impact.

NMDC Group PJSC and ADNOC Logistics and Services Plc forged a three-year agreement today to assess joint delivery of maritime services for offshore projects, reinforcing their partnership in Abu Dhabi’s energy infrastructure.

The agreement, signed by Engineer Yasser Zaghloul, Group Chief Executive of NMDC Group, and Captain Abdulkareem Al Masabi, Chief Executive of ADNOC L&S, at NMDC’s headquarters, lays the groundwork for a stronger framework for offshore EPC collaboration. It covers marine services and integrated logistics, signalling both organisations’ dedication to supporting the emirate’s offshore energy operations. This expanded collaboration reaffirms the offshore maritime services pact strengthening cooperation between the two groups.

Zaghloul highlighted NMDC Group’s five decades of expertise in multi-sector marine engineering, procurement, construction delivery and complex project logistics. He underscored that the launch of NMDC LTS, the group’s latest business unit, allows the market to leverage these capabilities. He praised ADNOC L&S for its leadership in offshore energy support and hydrocarbon logistics, pointing out that both entities operate some of the region’s largest marine fleets. He said the pact would “ensure a robust framework between our two powerhouse organisations” to drive synergies, market differentiation and value growth, ultimately fortifying the industrial marine sector in Abu Dhabi and beyond.

Captain Al Masabi said the collaboration aligns with ADNOC L&S’s long-term ambition to deliver top-tier, integrated logistics that underpin the UAE’s offshore energy expansion. He commented that combining strengths with NMDC would unlock new opportunities, deliver value to ADNOC, its shareholders and clients, and support the UAE’s broader economic development.

Splash247 noted that the pact establishes an “expanded framework for continued collaboration on offshore EPC projects in Abu Dhabi,” emphasising its role in promoting synergies and value growth. It also highlighted ADNOC L&S’s aim to enhance performance through such partnerships.

This development follows earlier significant milestones and investments by NMDC that demonstrate its pivotal role in regional marine and energy infrastructure. In 2024, NMDC secured a contract worth more than US$200 million from ADNOC for marine dredging works in the Ruwais LNG Project, involving removal of approximately 15 million cubic-metres across a five-kilometre channel and installation of navigational aids. NMDC also launched the NMDC LTS unit as part of efforts to diversify into logistics and technical services, reinforcing its leadership in the UAE’s marine EPC, dredging, and logistics sectors.

Khadga Prasad Sharma Oli offered his resignation on Tuesday following widespread demonstrations that saw the federal parliament building, Supreme Court and leaders’ residences torched, underlining the depth of public fury over corruption and the ban on social media. Protests erupted across Nepal amid anger at the shutdown of platforms such as Facebook, X, YouTube and others for failing to register with the government—a move widely perceived as […]

Passenger traffic at airports across the UAE surpassed one billion between 2015 and 2024, with aircraft movements exceeding 6.4 million during the same interval, driven by strategic planning and expansion across the aviation sector, the Federal Competitiveness and Statistics Centre reported. The country also emerged as the global leader in air transport quality and ranked among the top ten worldwide across five additional air performance indicators, underlining its position as a premier aviation hub.

Data from the Centre reveal that annual passenger numbers climbed from 114.8 million in 2015 to 147.8 million in 2024, marking the underlying foundation for cumulative traffic exceeding one billion passengers. Meanwhile, aircraft movements rose sharply, culminating in more than 800,000 operations in 2024 and taking the ten-year total past 6.4 million flights.

These gains coincide with the UAE’s top global ranking in air transport quality and inclusion among the top ten in five further air-related indicators, as noted in the Centre’s analysis.

The escalation of aviation activity reflects the UAE’s broader aviation transformation. The General Civil Aviation Authority emphasises that the UAE now operates a dense, globally connected network, with twelve certified airports, 100 heliports, and a web of bilateral air agreements linking to over 300 destinations worldwide. In 2024 alone, the UAE recorded over one million air traffic movements and continued to lead globally in international passenger traffic and seat capacity.

Dubai International Airport remained the busiest airport globally for international passengers in 2024, registering more than 92 million passengers and 440,000 aircraft movements, and handling 2.2 million tonnes of cargo.

Abu Dhabi’s Zayed International Airport, renamed in February 2024, handled nearly 29.5 million passengers and recorded 249,747 aircraft movements, reinforcing the dominance of UAE airports in the regional aviation landscape.

These milestones underscore how UAE aviation achieves unprecedented growth, advancing capacity, connectivity and performance standards to global leadership.

The Federal Competitiveness and Statistics Centre attributes these successes to forward-looking directives and investment, positioning the aviation sector as a cornerstone of economic sustainability. The enhancements bolster not only passenger and cargo mobility but also broader economic diversification goals, tourism development, and the UAE’s growing prominence as a global transport hub.

Kenya Tourism Board has entered a strategic alliance with Visa that marks a bold new chapter for the nation’s tourism sector. The agreement gives the board access to Visa’s Government Insights Hub—a data analytics platform offering detailed information on travel patterns, spending behaviour, peak seasons and regional preferences. This will support sharper marketing efforts, more efficient payment systems and increased cross-border and domestic travel expenditure. The campaign’s […]

Markets are sending urgent signals. Gold has burst above $3,600 an ounce, a record that reflects both anticipation of rate cuts and a broader scramble for safety. Treasury yields have swung sharply, with shorter maturities pulled lower by expectations of central bank easing while long-dated bonds creep toward multi-year highs, and across equities, momentum has become fragmented, with volatility rising around political headlines and economic uncertainty. These […]

New research reveals diverse approaches to cultivating domestic philanthropy HONG KONG SAR – Media OutReach Newswire – 8 September 2025 – The Commission on Asian Philanthropy – a coalition of 13 of Asia’s leading philanthropic organisations – today announces early insights from its landmark research study on Asian giving. The 4th Convening of the Commission on Asian Philanthropy in Hong Kong on Monday, 8 September 2025 The […]

Medium’s decision to address AI-generated content on its platform has stirred a lively discussion among users and industry stakeholders alike. As artificial intelligence continues to gain ground in content creation, the platform is outlining its approach to ensure transparency while preserving its core commitment to human storytelling. Earlier this year, Medium reached out to its community for feedback regarding the rise of AI-generated writing. In response, users […]

Lagos State’s commercial capital has opened its doors to West Africa’s premier tech, AI and startup gathering—GITEX NIGERIA—positioning the city as Africa’s launchpad for tomorrow. At the event’s Lagos leg, Governor Babajide Sanwo-Olu underscored the city’s ambition to spearhead a future shaped by data-driven governance and inclusive digital access, while Nigeria’s Minister of Communications, Innovation and Digital Economy, Hon. Dr Bosun Tijani, issued a call for continental […]

China’s AI sector is accelerating beyond reliance on imported semiconductors, leaning into algorithmic ingenuity and open-source collaboration to offset hardware constraints and project growing soft power abroad. Chinese firms face significant barriers in securing the most advanced GPUs, due to U. S. export restrictions. Rather than compete on sheer processing capacity, companies such as DeepSeek have turned to architectural innovation. Its R1 large language model, released under […]

European leaders face mounting urgency to address critical deficiencies in their defence structures as uncertainty surrounds the reliability of U. S. backing. Many capitals hold onto hope that Donald Trump will honour his pledged security guarantees for Ukraine, even though concrete commitments remain vague. Europe’s Defence Gaps Expose Growing Reliance on U. S. Support captures the mounting tension between Europe’s persistent reliance and its growing intent to […]

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