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BEIJING, CHINA – Media OutReach Newswire – 11 September 2025 – Against the backdrop of repurposed blast furnaces and industrial relics of Shougang Park in western Beijing, the 2025 China International Fair for Trade in Services (CIFTIS) opened on Wednesday, striking a tone of open markets and digital innovation. People visit a booth of Pop Mart during the 2025 China International Fair for Trade in Services (CIFTIS) […]

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, […]

Nearly 90% of Chinese companies plan expansion across the Middle East, with Saudi Arabia and the UAE emerging as the most favoured para­l­lel investment destinations, according to a PwC survey of 136 firms. The findings show that 84% of respondents are targeting Saudi Arabia and 79% favour the UAE. The study, conducted between April and May 2025, reveals that 44% of these companies have already formalised business […]

Greenlogue/AP Australian Retirement Trust, the nation’s second-largest pension fund, has committed almost A$1 billion to the Macquarie Green Energy and Climate Opportunities Fund, aiming to scale up its sustainable investing strategy. The sum is among ART’s first substantial investments under its target to allocate at least A$2 billion by 2030 into assets that generate both member returns and environmental or social impact. Under the deal, ART will […]

By Nitya Chakraborty The two day uprising in Nepal on September 8 and 9 resulting in the ouster of the KPS Oli government following the attacks and burning of the Parliament Building, Supreme Court and the official and private residences of the present and former powerful ministers, was an expression of total revolt by the […]

The United States is confronting a rise in COVID-19 hospitalisations and emergency department visits, reflecting a discernible peak in national activity. The Centers for Disease Control and Prevention reported on 5 September 2025 that COVID-19 activity “is peaking in many areas of the country with elevated emergency department visits and hospitalisations nationally.”  Worryingly, wastewater surveillance indicates very high viral levels across multiple regions, especially in the West, […]

Bitcoin reclaimed the $112,000 level as markets remain focused on the week ahead, with investors balancing caution against emerging momentum across select digital assets. Solana and Dogecoin have seen notable uplift as traders reallocate positions amid mounting anticipation of U. S. macroeconomic releases and Federal Reserve developments.

Bitcoin traded in a tight range near $111,500 to $112,300 as market participants paused, waiting for fresh cues from upcoming Consumer Price Index, Producer Price Index and central bank announcements. This positioning reflects prudence amid heavier macroeconomic noise.

Solana climbed to around $218 to $220, marking a multi-month high as renewed interest drew capital from more established tokens. Meanwhile, Dogecoin extended a weekly gain to approximately $0.24, buoyed by optimism surrounding the imminent debut of the first U. S. memecoin exchange-traded fund.

SignalPlus head of insights Augustine Fan noted that crypto markets have been relatively flat recently, with Bitcoin underperforming both its major peers and traditional assets such as equities and spot gold. That underperformance accompanied weaker inflows into digital asset trusts and reduced activity on centralised exchanges.

Economists have also dialled back inflation and recession worries following revisions to U. S. labour data, prompting some rebound in market sentiment. Bitcoin, alongside European equities, saw support as experts downplayed fears of stagflation.

Prediction markets suggest that a rate cut from the Federal Reserve is increasingly likely, with sentiment split between a further cut or a hold in October. Gold reached record levels in anticipation of looser monetary policy, even as U. S. equity indices pushed higher.

Positioning remains defensive, but the rotation into altcoins signals willingness among traders to explore higher-beta opportunities. Reflecting this, the phrase Traders Push Bitcoin Above $112K captures the shifting dynamic in crypto allocations—but notably, attention remains fixed on upcoming U. S. data releases shaping the next phase of the market.

Liquidity has stayed modest. Reference points in the $110K–$112K zone appear increasingly important as support amid a backdrop of uncertainty.

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Abu Dhabi Global Market recorded more than 11,000 active licences and a striking 42 per cent rise in assets under management in the first half of 2025, underpinning its emergence as the Middle East and North Africa region’s leading international financial centre. ADGM Exceeds 11,000 Licences, AUM Surges 42 %.

The expansion sees ADGM surpass AED 500 billion in market capitalisation of its listed entities on the Abu Dhabi Securities Exchange, reflecting its pivotal role in strengthening the emirate’s non-oil economy, which grew to 9.1 per cent in the first quarter of 2025.

More than 2,970 firms—comprising 308 financial and 2,664 non-financial entities—are now operating from ADGM, marking a 42 per cent year-on-year increase. The centre issued 1,869 new licences during the period, the highest ever in a half-year span, up by 47 per cent from the previous year.

Asset management continued to thrive: ADGM is now home to 154 fund and asset managers overseeing 209 funds, driving AUM up by 42 per cent over the year to June 2025.

Powerful global partnerships fuelled the centre’s momentum. Fortress Investment Group set up an office in ADGM and joined a US$1 billion co-investment venture with Mubadala. Kimmeridge opened its ADGM branch and inked an MoU with Mubadala Energy to develop natural gas and LNG projects. Meanwhile, IHC, BlackRock and ADGM-based Lunate launched an AI-native reinsurance platform worth over US$1 billion. A private credit joint venture between Mubadala and Alpha Dhabi scaled to US$2.5 billion—all anchored at ADGM.

ADGM’s increasing workforce reflects its expanding influence: by end-June 2025, nearly 36,000 professionals were working across Al Maryah and Al Reem Islands.

ADGM’s achievements are underpinned by enhanced regulatory frameworks. The Financial Services Regulatory Authority issued 52 In-Principle Approvals and 45 new Financial Services Permissions. The Registration Authority implemented improvements such as the AccessRP digital platform for property interest verification, Commercial Permit Regulations to support non-financial businesses, and revised fees to simplify market entry. Mutual recognition of digital platforms with Astana International Financial Centre and a 223 per cent increase in supervision assessments further underscore ADGM’s commitment to governance and global alignment.

International engagement has also grown: ADGM participated in CityWeek 2025 in London, held roadshows in China and Japan, and concluded MoUs with regulators in Azerbaijan, Bhutan, Hong Kong and Sweden. These moves have promoted cross-border regulatory collaboration, innovation in capital markets, and sustainable finance initiatives.

Greenlogue/AP Sobha Realty has achieved a milestone with its largest-ever issuance of a $750 million green sukuk, marking the highest such issuance by any real estate developer globally. The five-year Islamic bond, issued under a $1.5 billion Trust Certificate Issuance Programme, attracted orders worth approximately $2.1 billion—nearly 2.8 times the issue size—allowing pricing to tighten by 50 basis points from initial guidance. The sukuk carries a profit […]

Poland activated air defences and scrambled fighter jets after drones from Russia crossed into its airspace during overnight strikes on Ukraine, with the military confirming it used weapons to neutralise targets. The Operational Command said Polish airspace was “repeatedly violated by drone-type objects” and described an ongoing operation to identify and destroy them. Authorities placed ground-based systems and radar on maximum alert while Polish and allied aircraft […]

Protesters breached Nepal’s federal parliament complex in Kathmandu and set parts of the building on fire on Tuesday, escalating a youth-led movement that has convulsed the country and prompted the prime minister’s resignation. Authorities confirmed fatalities and hundreds of injuries over two days of clashes that centred on the New Baneshwar area housing the legislature. The death toll rose to 19 after security forces used live ammunition, […]

Grovy Developers has unveiled plans to present its newest luxury project at the International Real Estate & Investment Show, to be held at the Abu Dhabi National Exhibition Centre from 12 to 14 September. At the event, Grovy Developers Spotlights Smart-Tech Real Estate will detail investment opportunities in the increasingly vibrant UAE property sector, with Abhishek Jalan, chief executive, offering insights into real estate’s financial appeal amid […]

Gold in Dubai opened trading on Tuesday with the 22K grade touching Dh408 per gram, setting a fresh all-time high and elevating investor and shopper concerns alike. The 24K variety climbed to Dh440.5, while 21K inched ever closer to the key Dh400 level, trading at Dh391.0 per gram.

Global and regional market dynamics are fueling this surge. The international spot price of gold has consistently pushed new heights, recently nearing $3,600 per ounce, with August seeing an approximate 31 per cent year-to-date gain. In part, this reflects growing expectations of US Federal Reserve rate cuts, which traditionally support gold’s safe-haven appeal.

Experts caution that the Dh408 per gram summit for 22K gold may not mark a plateau. Elevated global demand, festival-season jewellery purchases, and sustained investor appetite are converging. Yet there is also speculation about a pullback. Some analysts interpret current levels as ripe for partial profit-taking, while others expect continued momentum if support holds.

The 상승 in gold prices is reshaping shopper sentiment. With Dubai gold surges; 22K at Dh408 now firmly established, affordability becomes a pressing issue for consumers, particularly those buying for weddings, gifts, or as long-term stores of value. Jewellery retailers, in turn, are adapting by promoting lighter ornament designs and gold savings schemes to manage demand amid elevated prices.

Buyers may face a strategic dilemma: delay purchases in hopes of a correction, or lock in gold at historically high prices before potential further rises. The combination of geopolitical tensions, inflationary pressures, and currency fluctuations continues to bolster gold’s attractiveness.

As the UAE moves deeper into its peak gold-buying season, Dubai gold surges; 22K at Dh408 encapsulates the shifting dynamics at play: strong upward trajectory, global economic tension, and consumer caution all intersecting in a market where every dirham counts.

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.

DAKAR — Senegal now anticipates production from the Sangomar offshore oil field to reach 34.5 million barrels in 2025, up from an earlier projection of 30.53 million, the energy ministry announced. The upgraded outlook reflects stronger-than-expected performance through August, with more than 24 million barrels already produced. Senegal elevates Sangomar output forecast for 2025 marks a significant upward adjustment for the project’s full-year trajectory. Following the start […]

MUNICH, GERMANY – Media OutReach Newswire – 8 September 2025 – AVATR Technology hosted the “AVATR Brand Day: A Brilliant New Horizon” at UTOPIA München and unveiled the world’s first emotional intelligence (EI) concept car, AVATR VISION XPECTRA. The event also featured the limited-edition AVATR 012, co-created with Kim Jones, as well as the AVATR 11 Royal Theatre Edition and the AVATR 07 and 06, collectively showcasing […]

By Nantoo Banerjee One’s pain could be another’s gain. The phrase aptly describes those big business gainers across the world out of the three-and-a-half-year-old Russia-Ukraine war, killing thousands of soldiers and civilians on both sides. The list of such gainers may be short but very impressive. They include some of the giant US defence manufacturers […]

ORDOS, CHINA – Media OutReach Newswire – 8 September 2025 – From September 16 to 17, 2025, the 10th Kubuqi International Desert Forum will convene in Ordos, Inner Mongolia Autonomous Region. Recently, reporters visited the Kubuqi Desert to investigate desertification control measures. Seen from the air, 196,000 solar panels stretch across the Kubuqi Desert in a striking horse-shaped mosaic, while on the ground, visitors to Chaideng Village, […]

Detroit’s legacy automakers are poised to reap enormous financial benefits under federal rollback of emissions rules and EV incentives. General Motors, Ford Motor Company, and Stellantis are redirecting billions of dollars previously earmarked for electric-vehicle development and regulatory compliance back into production of internal combustion engine vehicles and hybrids. Ford, for example, has already saved approximately $1.5 billion in regulatory credits this year alone, a sum that […]

eToro Group Ltd is poised to pursue bolder acquisitions after securing a substantial liquidity base, according to one of its co-founders. At the Ambrosetti Forum in Cernobbio, Italy, Ronen Assia, executive director and co-founder, confirmed that the firm “has cash and cash equivalents of around $1.2 billion at the end of the first half of the year, with a cash position of $988 million, with no debt.” He added: “We’re looking to do more ambitious stuff involving acquisitions,” emphasising that eToro aims to broaden both asset classes and its geographic footprint.

eToro’s deliberate pivot into more aggressive mergers and acquisitions comes on the heels of its listing on Nasdaq in May 2025, where it raised $620 million in its initial public offering. The company’s robust cash war-chest endows it with flexibility to explore new verticals and markets in a dynamic fintech landscape.

Beyond financial strength, eToro is deepening its product offering. The platform recently rolled out tokenisation and artificial intelligence tools targeted at retail investors, along with expanding its global reach. Meanwhile, preliminary selected business metrics for July and August reveal continued operational momentum: assets under administration rose to $19.7 billion, funded accounts approached 3.69 million—both reflecting high year-on-year growth—while crypto trading volumes surged by nearly 50 percent.

The company’s healthy balance sheet is grounded in a successful IPO and product innovation. In Q1 2025, eToro reported $736 million in cash, cash equivalents, and short-term investments, alongside growth in user accounts and assets under administration. The firm also expanded its trading products, launching options in the UK and futures in Europe, while diversifying geographic access to include exchanges in Abu Dhabi and Hong Kong.

This marks a clear signal that bold acquisitions are on eToro’s horizon—a phrase that captures the firm’s evolving strategic ambition and its capacity to act decisively in a competitive market.

The timing of this announcement is significant. Mergers and acquisitions within fintech and crypto sectors have become tools for scale, innovation, and regulatory navigation. With its substantial liquidity and no leverage, eToro may look to acquire firms offering complementary capabilities—whether in tokenisation, AI-driven trading, wealth management, or regional expansion.

Ronen Assia’s stance highlights both intent and preparedness. The expressed goal to take on “more ambitious” deals indicates a readiness to move beyond smaller bolt-ins, aiming instead for transformative moves that could reshape the firm’s product and regional scope. The emphasis on adding asset classes and locales suggests potential targets might include firms with niche offerings or solid footprints in under-penetrated markets.

At a time when many fintech companies are consolidating or recalibrating amid macroeconomic shifts and evolving regulation, eToro’s proactive posture sets it apart. With backing of a strong balance sheet and public market credibility, the platform is well placed to capitalise on strategic M&A opportunities as they arise.

A wave of ransomware incidents has incapacitated over 300 co-operative banks across India, exposing deep vulnerabilities tied to outdated VPN-based security. These attacks underline the urgent need for a shift towards modern access frameworks such as Zero Trust Network Access. Operational disruptions began when C-Edge Technologies—a key IT provider to numerous co-operative banks—was targeted by ransomware on 31 July 2024. NPCI responded swiftly by isolating C-Edge from […]

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 […]

Nairobi forecasts steadiness in the shilling, naira and cedi for the week ahead to Thursday, even as Uganda’s shilling may firm and Zambia’s kwacha shows signs of weakness, according to trader assessments cited on 5 September 2025. Kenya’s shilling is anticipated to remain stable against the dollar, with commercial bank quotes clustered around 129.00/40 per dollar—virtually unchanged from the prior Thursday—thanks to subdued foreign exchange demand. Traders […]

African Rainbow Minerals has suspended all mining activity at its unprofitable Bokoni platinum mine while it refines a scaled-down development proposal. The decision comes amid sharply declining earnings and a substantial impairment charge, underscoring the mine’s failure to deliver expected returns. ARM announced a 2.2-billion-rand impairment for Bokoni, attributing the write-down to delays in ramping up operations and a shift in mining methodology. This loss dragged the […]

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