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Perp DEX trading volumes retreat amid softer crypto mood

Trading activity across major perpetual-futures decentralized exchanges has weakened, with key protocols reporting lower volumes as market sentiment across digital assets shows persistent strain. Data compiled by industry trackers indicates that the leading perpetual DEX, Hyperliquid, saw its trading volume fall by about 15.5 per cent over one 24-hour period, even as it remained by far the largest venue by daily activity. Hyperliquid processed roughly $60.3 billion […]

UAE urges people to shelter as tensions hit Gulf security

Arabian Post Staff -Dubai A sweeping emergency safety message was sent to millions across the United Arab Emirates telling citizens, residents and visitors to stay indoors and await official guidance after ballistic threats were detected over the Gulf state. National authorities stressed that the safety and security of all in the federation remain the highest priority and said systems to protect the public are fully operational within […]

Saudi Arabia advances desert shale push

Saudi Arabia is accelerating development of a vast unconventional gas field in the Arabian Desert, drawing on techniques refined in North America’s shale boom to reshape its energy mix and bolster state revenues. Southeast of the giant Ghawar oilfield, the state-controlled Saudi Aramco is pressing ahead with the multi-billion-dollar expansion of the Jafurah basin, the kingdom’s largest non-associated gas field. Executives have described the project as a […]

Parkin seeks tariff rise from RTA

Arabian Post Staff -Dubai Dubai’s largest paid public parking operator has asked the Roads and Transport Authority to revise its tariff grid and seasonal card structure, a move that could lift the weighted average fee motorists pay across the city. Parkin confirmed on Wednesday that it submitted a formal request to the RTA earlier this month, proposing adjustments to standard parking charges and to the pricing of […]

OpenAI secures classified AI deal as Washington sidelines Anthropic

OpenAI chief executive Sam Altman confirmed that the company has reached a strategic agreement with the U. S. Department of War to deploy its artificial intelligence models on the ministry’s classified network, signalling a major shift in the technology sector’s engagement with national security infrastructure and government contracts. The contract embeds safety principles that bar mass domestic surveillance and fully autonomous weapon-control, reflecting a delicate balance between […]

Metal Park partners Frindt to digitise laser cutting

Arabian Post Staff -Dubai Metal Park, the integrated downstream metals ecosystem based in Khalifa Economic Zones Abu Dhabi, has entered a strategic agreement with Germany’s Frindt Consulting to roll out digital laser cutting services aimed at reshaping fabrication workflows across the Gulf. The collaboration is designed to embed advanced digital platforms into Metal Park’s production network, enabling automated order processing, real-time design optimisation and precision-driven laser cutting […]

Consumers push FedEx and Ray-Ban to refund tariff costs

A wave of class-action lawsuits filed by individual customers against large corporations has brought Washington’s tariff reversal into a new legal front, as shippers and retail buyers press for restitution of fees they say were unlawfully imposed. Plaintiffs have targeted delivery giant FedEx and eyewear maker EssilorLuxottica, which owns the Ray-Ban brand, arguing that costs passed on to consumers after a Supreme Court ruling invalidating former President […]

Bitcoin slides as inflation data cools markets

Bitcoin weakened sharply amid a broader shift in investor sentiment after the release of United States inflation figures that showed producer prices rising more than expected, prompting traders to dial back risk exposure and temper expectations of near-term interest rate cuts by the Federal Reserve. The world’s largest cryptocurrency slipped back toward the key $65,000 level, erasing much of the mid-week rally that had pushed prices toward […]

Green SM Launches All-Electric Taxi Service in Bali with Taksi Komotra

DENPASAR, BALI – Media OutReach Newswire – 27 February 2026 – Green SM has launched its operations in Bali through a strategic partnership with Taksi Komotra, introducing an all-electric taxi service to support the island’s sustainable tourism and urban mobility agenda. To celebrate the 238th anniversary of Denpasar City, Green SM is offering a limited-time 25 percent fare promotion, with discounts of up to IDR 238,000 per trip.

Under the partnership structure, Green SM provides the technology platform, all-electric vehicle fleet, operational standards, and driver development system, while Taksi Komotra contributes its established local expertise and network across Bali. The collaboration integrates electric mobility technology with on-the-ground operational capabilities to deliver a scalable, governance-driven transportation model.

Operations in Bali are implemented under Green SM’s “5 Green Promises” service commitment framework. Established as a foundational operating standard since the company’s inception, the framework ensures that each ride delivers an excellent customer experience, professional drivers, high-quality and safe vehicles, fair and transparent pricing, and a meaningful contribution to environmental sustainability.

The service operates an all-electric fleet that produces no exhaust emissions or fuel combustion. All vehicles are maintained under strict technical and safety protocols to ensure consistent service performance while contributing to cleaner air and quieter urban environments.

A central pillar of the launch is the Green SM Driver ecosystem. Drivers are positioned as professional green mobility ambassadors guided by five core values: Respect, Professionalism, Dedication, Discipline, and Competitive Income with Stable Career Pathways. Structured training, transparent earnings mechanisms, and disciplined service governance aim to elevate driving into a respected profession while maintaining safety and reliability as foundational standards. This framework aligns income stability with environmental responsibility, reinforcing the role of drivers in supporting Bali’s sustainable tourism trajectory.

The launch comes amid rising mobility demand driven by tourism growth and daily transportation needs across the island. The Indonesia Tourism Outlook 2025 report notes a sustained shift toward environmentally responsible travel, underscoring the relevance of electric mobility in long-term development planning. According to projections from Indonesia’s National Development Planning Agency (Bappenas), green employment nationwide is expected to reach 4.8-5.3 million by 2029, reflecting the broader economic potential of sustainable industries.

Mr. Deny Tjia, Managing Director of Green SM Indonesia, said: “The partnership with Taksi Komotra reflects our long-term commitment to building a high-quality, well-governed mobility ecosystem in Indonesia. By combining electric vehicles with professional driver development and clear operational standards, we aim to support Bali’s sustainable tourism ambitions while delivering safe, reliable, and comfortable rides for the community.”

H. Hasbi, Chairman of Koperasi Komotra, said: “We are proud to partner with Green SM to introduce electric taxis in Bali. Electric mobility will become part of the new standard for tourism and daily transportation on the island, and this collaboration helps us better serve local residents and visitors while preparing for the future of sustainable transport.”

The Bali launch marks another strategic milestone in Green SM’s expansion in Indonesia, following earlier operations in key markets including Jakarta, Makassar, Bekasi, and Surabaya. In these cities, the service has been positively received by local residents and international visitors alike, who value its clean electric fleet, professional drivers, and structured safety standards that enhance travel confidence.

With its growing presence across the country, Green SM continues to build a scalable electric mobility ecosystem that balances environmental responsibility, service excellence, and inclusive economic growth.

Hashtag: #GreenSM

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

About GSM and Green SM

GSM (Green Smart Mobility) is the world’s first company to operate a fully electric ride-hailing service across multiple platforms. As a pioneer in sustainable transportation, GSM has laid the foundation for a cleaner, smarter, and more responsible mobility model powered entirely by VinFast electric vehicles. Founded by Vingroup Chairman Pham Nhat Vuong, GSM is committed to building a future-ready mobility ecosystem while promoting more environmentally conscious lifestyles in markets that are rapidly embracing sustainability.

Green SM is GSM’s official global brand, representing the company’s vision and values in every market it serves. In Southeast Asia, the brand operates as Green SM in Indonesia, Xanh SM in Vietnam and Laos, and Green GSM in the Philippines. Across all markets, the service consistently delivers a modern travel experience through VinFast electric vehicles, professional drivers, and a service culture that prioritizes safety and passenger comfort.

Green SM symbolizes progress toward a future where technology, people, and the environment move forward in harmony. Beyond providing zero-emission transportation, the brand is also committed to fostering environmentally aware communities in every market where it operates.

About Taxi Komotra
Taksi Komotra Bali is part of the Koperasi Mobil Transport Bali, which was established in 1993 under its original name, KOMITRA Bali. In 1996, the cooperative officially changed its name to KOMOTRA Bali and has continued to grow as one of Bali’s local transportation operators.

Today, Taksi Komotra Bali manages two core transportation services: rural bus services and taxi operations. For more than three decades, Komotra Bali has remained committed to providing safe and reliable transportation while supporting local mobility and the tourism sector across the Island of the Gods.

Wear OS update enables standalone quake alerts

Google has upgraded its Wear OS platform to allow smartwatches to receive earthquake alerts independently of a paired smartphone, expanding a safety feature that until now relied largely on a connected handset. The update, delivered through Google Play Services, enables compatible Wear OS devices to display earthquake warnings even when they are out of Bluetooth range of a phone or temporarily disconnected. The change means users wearing […]

KEZAD seals 50-year Galadari lease

Khalifa Economic Zones Abu Dhabi has signed a 50-year land lease agreement with Galadari Brothers’ Heavy Equipment Division to develop a large-scale logistics and distribution hub at KEZAD A in Al Ma’mourah, marking another long-term industrial commitment within Abu Dhabi’s flagship manufacturing and trade zone. The agreement covers a 150,000 square metre plot and represents an investment of AED75 million by Galadari to establish a purpose-built facility […]

Sharjah tightens enforcement to protect pedestrians

Arabian Post Staff -Dubai Motorists who fail to stop for pedestrians at designated crossings in Sharjah face a Dh500 fine and black traffic points, as authorities intensify efforts to curb road fatalities and reinforce a culture of shared responsibility on the emirate’s streets. Sharjah Police have renewed warnings that drivers must yield at zebra crossings and other marked pedestrian areas, stressing that the penalty is not merely […]

Abu Dhabi launches supervised Tesla self-driving trials

Abu Dhabi has begun on-road trials of Tesla’s advanced driver-assistance system, marking the first time the company’s “Full Self-Driving ” technology is being tested in the emirate under an official regulatory framework. The programme has been launched by the Integrated Transport Centre, an affiliate of the Department of Municipalities and Transport, which said the trials will assess the system’s performance in live traffic conditions while maintaining direct […]

DAE seals $7bn Macquarie AirFinance takeover

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Paramount Skydance secures Warner Bros after Netflix exits

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OpenAI reports China-linked use of ChatGPT in cyberattack operations

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Agent Tesla phishing wave deploys stealth tactics

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Cuba’s fuel crisis deepens as tanker turns away

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Russia escalates legal assault on Telegram founder

Moscow’s Federal Security Service has opened a criminal investigation into Telegram founder and chief executive Pavel Durov, accusing him of aiding and abetting terrorist activities linked to widespread content on the messaging platform and alleging refusal to cooperate with law enforcement. State-affiliated media in Moscow published material this week stating that the investigation falls under Russia’s criminal code provisions on assistance to terrorism, a charge that carries […]

Dubai Lynx academies deepen Publicis alliance

Arabian Post Staff -Dubai Dubai Lynx is expanding its academies programme as its partnership with Publicis Groupe Middle East enters a fourth year, signalling a sustained push to cultivate creative talent across the region’s communications industry. Organisers of the annual Dubai Lynx Festival, widely regarded as the Middle East and North Africa’s leading platform for creative excellence, confirmed that Publicis Groupe Middle East will continue as the […]

ASMALLWORLD Expands Global Airline Memberships with Turkish Airlines Partnership

Lu Daopei and Investcorp launch CAR-T centre in Turkey

Arabian Post Staff -Dubai Lu Daopei Medical has joined forces with Florence Nightingale Hospital Group in Turkey to establish what the partners describe as the Middle East and North Africa’s first dedicated CAR-T stem cell therapy centre, targeting severe forms of leukaemia including paediatric cases. The initiative, backed by Investcorp through its China Pre-IPO Healthcare Fund, signals a push to expand advanced cellular immunotherapy beyond traditional hubs […]

Abu Dhabi sets pricing for 2026 dollar bonds

Arabian Post Staff -Dubai Abu Dhabi has appointed a syndicate of international and regional banks to lead its first sovereign bond sale of 2026, launching a dual-tranche, dollar-denominated benchmark with initial price thoughts set at 50 basis points over US Treasuries for five years and 55 basis points for 10 years. The transaction marks the emirate’s opening return to global capital markets this year and is structured […]

Soueast S08DM targets UAE hybrid families

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