Central Bank of the UAE has granted approval for a dirham-backed digital stablecoin developed by a consortium led by International Holding Company and First Abu Dhabi Bank, marking a significant step in the country’s regulated digital asset ambitions. The stablecoin, branded DDSC, has been authorised to go live under the central bank’s framework for stored value facilities and payment tokens. It will operate on ADI Chain, described […]
Artificial intelligence has moved to the centre of global efforts to prevent satellite collisions and the cascading debris scenario known as Kessler syndrome, as space agencies and commercial operators face an increasingly crowded orbital environment. With more than 10,000 active satellites and tens of thousands of trackable debris fragments circling Earth, automated, data-driven tracking systems are becoming essential to keep spacecraft safe and critical services running. Advanced […]
Amazon has outlined plans to channel up to $200 billion into artificial intelligence-focused data centres, networking and custom silicon through 2026, a scale of spending that would rank among the largest infrastructure pushes ever undertaken by a technology company. The investment, disclosed across earnings briefings and regulatory filings, is aimed at expanding Amazon Web Services capacity as customers accelerate the deployment of generative AI models and data-intensive […]
Robertet Group has inaugurated its regional headquarters at Dubai Science Park, signalling a sharper strategic focus on the Gulf and wider Middle East as global demand rises for natural ingredients in fragrances and flavours. The new hub positions the French-headquartered group closer to customers across perfumery, food, beverage and wellness sectors, while strengthening its operational, commercial and regulatory capabilities in a region that has become a key […]
A courtroom in Santa Fe has become the focal point of a high-stakes test of whether a social media company can be held liable for product design choices that prosecutors say enabled the sexual exploitation of minors. New Mexico’s civil case against Meta Platforms has reached trial, marking the first time a US state attorney general’s action over child safety on a major platform has been argued […]
Under the MOU, the two parties will discuss and coordinate to develop a plan to supply the first batch of VinFast electric vehicles for Exposure to operate electric taxi services in Kinshasa. This batch is expected to include the commercial-oriented Limo Green and Herio Green models, regarded as an initial foundation for an all-electric taxi model, contributing to the formation of zero-emission transport habits in urban passenger transportation in Congo.
At the same time, Exposure has expressed its intention to become a distributor of VinFast vehicles in the Congolese market and will jointly study a business plan suited to local conditions. Both parties commit to continued cooperation in good faith, laying the groundwork for deeper collaboration in the future.
The MOU between VinFast and Exposure SARL initiates the implementation of the strategic cooperation framework established by Vingroup and the City of Kinshasa in 2025. At that time, the parties agreed to study and promote the procurement and deployment of VinFast’s electric mobility solutions, including electric buses, cars, and scooters, to serve the city’s and residents’ transportation needs.
Earlier, the Kinshasa municipal authorities and Vingroup also signed an MOU to study and develop a riverside mega urban project covering approximately 6,300 hectares. Featuring housing, villas, hospitals, schools, shopping centers, hotels, and entertainment facilities, the project is expected to become a new tourism destination and a symbol of Kinshasa’s future development.
The partnerships align with the Democratic Republic of the Congo’s long-term vision for sustainable urban development and green transition, particularly in rapidly urbanizing cities such as Kinshasa, where demand for clean, smart and efficient mobility is rising. Building on the country’s renewable energy potential and commitment to low-emission growth, the initiative supports Kinshasa’s ambition to develop an integrated green infrastructure and electric mobility ecosystem.
Ms. Duong Thi Thu Trang, Deputy CEO of Global Sales, VinFast, stated: “The cooperation with Exposure SARL reflects VinFast’s confidence in the potential for green transportation in Africa and reaffirms our commitment to delivering modern, accessible green mobility solutions tailored to each market. We believe that VinFast’s electric vehicle products, proven across multiple markets, combined with Exposure’s local expertise, will help accelerate the transition to green transportation in Congo.”
Mr. Fely Samuna Lukwaka, Chief Executive Officer of Exposure SARL, said: “We are very pleased to cooperate with VinFast toward a low emission mobility future for the Democratic Republic of the Congo in general and the capital Kinshasa in particular. With a population of more than 120 million and a strategic location bordering nine countries, forming a regional market of over 200 million people, the Democratic Republic of the Congo has strong potential to become a gateway for electric vehicle development in Central Africa. We have full confidence in VinFast’s technological capabilities and product ecosystem, and we expect this cooperation to establish a foundation for the next stages of development of the electric vehicle market not only in the DRC but across the wider region.”
VinFast is a pure-play electric vehicle automaker under Vingroup, Vietnam’s largest private conglomerate, with a vision to drive the movement of the global smart electric vehicle revolution. Over the past years, the EV maker has expanded strongly into new and promising markets such as India, the Philippines, Indonesia, and the Middle East, while continuing to strengthen its presence in key markets in Europe and North America. Strategic moves in 2025 are expected to provide strong momentum and a solid launchpad for further breakthroughs in 2026.
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 conglomerates, is a pure-play electric vehicle (“EV”) manufacturer with the mission of making EVs accessible to everyone. VinFast’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses.
VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe and Asia.
Learn more at 
https://vinfastauto.com/vn_en
AGMC has initiated construction on a substantial newBMW Group retail and service complex in Ras Al Khor, signalling another phase of its expansion across the United Arab Emirates. The automotive dealer, a long-established importer of BMW, MINI and Motorrad vehicles for Dubai, Sharjah, Ajman, Umm Al Quwain, Ras Al Khaimah and Fujairah, brought together industry partners, executives and dignitaries for a ceremonial groundbreaking that underscores its growing […]
Bluesky has introduced a drafts feature that allows users to save unfinished posts on their own devices, a change that closes one of the most noticeable gaps between the decentralised network and larger rivals while signalling that the platform is shifting from experimental roots towards day-to-day usability. The update enables posts to be paused and resumed without being published, a basic function long taken for granted […]
Arabian Post Staff -Dubai Al Ahly Sabbour Developments has marked a significant milestone in Oman’s real estate sector by officially breaking ground on its Wadi Zaha residential community in Sultan Haitham City, signalling progress after strong pre-construction sales that exceeded expectations. The developer announced that construction has commenced on the integrated neighbourhood after achieving 101 percent of its 2025 sales target, reflecting robust demand and confidence from […]
Arabian Post Staff -Dubai Dubai has posted its strongest tourism performance yet, welcoming 19.59 million international overnight visitors in 2025, a rise of 5 per cent from 18.72 million the year before, according to official data released by the Dubai Department of Economy and Tourism. The outcome marks a third consecutive year of record-breaking inflows, underscoring the emirate’s position as one of the world’s most resilient and […]
Accordingly, VinFast has signed strategic MoUs with its first partners in Indonesia, including K3, Citra Abadi Sedaya, PT Bevos Auto Mandiri, PT Sapta Jaya, MotorArt, PT Sinergies Dua Kawan, and PT HINU. These partners have long-standing experience in the distribution of automobiles and motorcycles, strong professional operational capabilities, deep market understanding, and the ability to rapidly deploy operations in line with VinFast’s standards.
VinFast will begin rolling out its distribution network in the Jabodetabek area — Indonesia’s largest economic and urban center — from the second quarter of 2026, with plans to expand to other regions nationwide.
In Indonesia, VinFast plans to introduce a portfolio of battery-swapping e-scooters, including VinFast Evo, VinFast Feliz II, VinFast Flazz and VinFast Viper, alongside additional new models to be launched in due course. The product lineup has been carefully engineered and calibrated to suit Indonesia’s tropical climate, dense urban traffic conditions, and everyday commuting patterns.
Throughout 2026, VinFast aims to further expand its footprint to hundreds of authorized dealerships and service workshops nationwide. The Company’s development strategy in Indonesia is designed as an integrated ecosystem, combining retail and after-sales networks, financing solutions, charging and battery-swapping infrastructure through cooperation with V-Green, and partnerships with leading financial institutions.
Prior to this announcement, VinFast had unveiled its strategy to internationalize its electric two-wheeler business and signed agreements with dealers in the Philippines. According to its roadmap, the Company will accelerate expansion across five priority markets in 2026, namely the Philippines, Indonesia, India, Thailand, and Malaysia. These countries represent high-growth economies with substantial urban mobility demand and a clear transition toward sustainable transportation solutions.
Ms. Vo Thi Cam Tu, Managing Director of VinFast E-Scooters Overseas Market, stated: “Indonesia is a strategic market in VinFast’s global e-scooter expansion journey. Partnering with leading local dealers underscores our partners’ confidence in VinFast’s product quality, service standards, flexible battery-swapping model, and long-term vision. We are committed to accompanying Indonesian consumers on their transition toward a greener, smarter, and more sustainable future of mobility.”
Indonesia stands among the world’s largest motorcycle markets, characterized by rapid urbanization, high population density in major cities, and increasing policy and consumer momentum toward environmentally friendly transportation. These structural factors create substantial headroom for the growth of the e-scooter segment. Indonesian dealers have expressed strong confidence in VinFast’s long-term potential in the country, citing its comprehensive green mobility ecosystem, large-scale manufacturing capabilities, and proven ability to execute swiftly across multiple international markets.
After two years of presence in Indonesia, VinFast has introduced a broad range of electric vehicles, from electric SUVs to models optimized for transportation services, and has commenced operations at its Subang facility. Concurrently, the Company has expanded its integrated ecosystem, including dealership and after-sales networks, charging infrastructure in collaboration with V-Green, and partnerships with leading banks and financial institutions. Through pioneering and customer-centric policies, VinFast continues to lower barriers to EV adoption and enable Indonesian consumers to participate in the global green mobility revolution.
Hashtag: #VinFast
The issuer is solely responsible for the content of this announcement.
Bitcoin crossed the symbolic threshold of one US dollar 15 years ago, a modest valuation milestone that has since acquired outsized significance as the digital asset evolved from an obscure experiment into a global financial phenomenon influencing markets, regulation, and technology debates. The moment, marked in early February 2011 on a handful of online trading forums and exchanges, is now widely cited as the point at which […]
Bitcoin users have steadily shifted to a quieter but consequential upgrade that cuts fees and improves network efficiency without altering the asset’s core monetary rules. Segregated Witness, commonly known as SegWit, combined with the Bech32 address format, has changed how transaction data is structured and transmitted, allowing more payments to fit into each block and lowering the cost paid by users sending funds across the network. SegWit […]
Traffic on one of Dubai’s fastest-growing corridors eased on Saturday after the Roads and Transport Authority opened a new 600-metre bridge carrying four lanes at the intersection of Al Qudra Road and the link road serving Arabian Ranches and neighbouring developments. The structure, brought into service on February 8, removes a major bottleneck on a route that funnels commuter, logistics and leisure traffic between residential districts, leisure […]
Arabian Post Staff -Dubai PureHealth Holding delivered a solid set of full-year results for 2025, reporting net profit of AED2 billion and proposing a cash dividend of AED600 million, underscoring the scale and resilience of the Abu Dhabi-based healthcare group as it expands across services, geographies and clinical capabilities. The company said results for the year ended 31 December 2025 reflected steady demand across hospitals, clinics, diagnostics […]
Bitcoin has surrendered all the gains it notched after Donald Trump’s return to the White House, sliding amid thin liquidity and shifting expectations over US monetary policy, a move that has unsettled broader digital asset markets and revived questions about the sector’s resilience in a tightening financial environment. The world’s largest cryptocurrency fell below $61,000 during the week, a level last seen before Trump’s election victory, before […]
Greenlogue/AP Saudi Arabia’s National Water Company has confirmed the completion of two major infrastructure projects in the Qassim Region at a combined cost exceeding 48 million Saudi Riyals, marking a key step in upgrading water and sewage services for communities in the central province. The initiatives, executed under the company’s long-term expansion strategy, include extensive drinking water pipeline installations in Buraidah and comprehensive sewage network construction in […]
Arabian Post Staff -Dubai Dubai Electricity and Water Authority has rolled out direct access to its customer services through ChatGPT, positioning itself as the first government entity and the first utility globally to integrate end-to-end service delivery within a generative AI platform. The move allows customers to obtain information, complete routine requests and navigate account services through natural language prompts, bypassing traditional websites and call centres. The […]
Uber’s push into autonomous vehicles hinges on a complex sensor ecosystem that is increasingly central to how the company positions itself in the future of transportation, even as it pivots from building self-driving systems internally to orchestrating partnerships across the sector. The ability of vehicles to perceive, predict and respond to real-world conditions depends on the performance, redundancy and cost of the sensors that sit at the […]
Low-lying mist during early hours and spells of rain after dark are shaping daily life across the UAE, prompting safety advisories from the national forecaster as authorities and businesses adjust to more variable conditions. Motorists are being urged to slow down on highways vulnerable to sudden visibility drops, while marine operators are cautioned about shifting winds and choppy seas that can accompany unsettled weather. Data from National […]
Plans taking shape inside SpaceX point to an unusual next step in the global race for computing power: data centres operating in orbit by 2026. The company has begun recruiting specialists in power systems, thermal engineering, networking and on-orbit operations, signalling an effort to pair its satellite infrastructure with space-based computing at a time when demand for artificial intelligence processing is colliding with limits on Earth. People […]
Documents released by the United States Justice Department have revealed how Jeffrey Epstein’s web of influence extended into India, underscoring the disgraced financier’s sustained efforts to cultivate relationships with prominent figures across business, politics and academia long before his arrest and death. The files, unsealed as part of litigation connected to Epstein associate Ghislaine Maxwell, include exchanges indicating contact between Epstein and Anil Ambani over a period […]
SpiceJet has expanded its international network with the launch of direct services linking Sharjah with key cities, adding fresh capacity to one of the Gulf’s busiest short-haul corridors and reinforcing Sharjah Airport’s position as a major gateway for travellers between the UAE and the subcontinent.
The new services mark SpiceJet’s return to Sharjah after a prolonged period of network consolidation, coming as demand for point-to-point travel continues to rise among expatriate workers, small businesses and leisure passengers. Airline executives said the route selection reflects sustained passenger flows and a preference for nonstop connections that reduce travel time and reliance on larger hub airports.
Sharjah Airport Authority confirmed that the additional frequencies strengthen the airport’s connectivity with South Asia, which remains among its most significant source markets for both inbound and outbound travel. Passenger traffic on these routes is underpinned by labour mobility, family visits, education links and growing trade ties, particularly in manufacturing, retail and services. Airport officials have previously indicated that traffic volumes on South Asia routes have shown steady recovery and expansion following the disruption of earlier years.
SpiceJet’s Sharjah operations are being introduced at a time when the carrier is gradually rebuilding its international footprint. The airline has focused on deploying narrow-body aircraft on high-density, short-haul sectors where cost discipline and quick turnarounds are critical. Industry analysts note that Gulf routes, especially those linking secondary airports, offer relatively stable yields due to consistent demand and limited seasonality.
The Sharjah services place SpiceJet in direct competition with established operators that already serve the corridor, including full-service and low-cost carriers. Competition on pricing and schedules is expected to intensify, benefiting passengers through wider choice and more flexible travel options. Aviation consultants say Sharjah’s appeal lies in lower operating costs compared with larger hubs, as well as its proximity to northern emirates with sizable expatriate populations.
Sharjah Airport has pursued a strategy of attracting airlines that focus on value-driven travel rather than purely premium traffic. The airport’s ongoing infrastructure upgrades, including terminal enhancements and airside capacity improvements, have been designed to handle rising passenger volumes while maintaining quick processing times. Officials have highlighted that improved facilities support airlines seeking efficient operations without the congestion associated with mega hubs.
For SpiceJet, the move also aligns with broader efforts to stabilise operations and restore market confidence. The airline has worked to address fleet availability and financial pressures, while selectively adding routes that promise strong load factors. Aviation sector observers say disciplined network growth is essential for carriers operating in a competitive low-cost environment, particularly as fuel prices, leasing costs and currency movements continue to influence margins.
Travel industry executives point out that Sharjah’s catchment area extends well beyond the emirate itself, drawing passengers from neighbouring regions who prefer a less crowded airport experience. This has helped Sharjah maintain its relevance despite intense competition from Dubai and Abu Dhabi. The addition of SpiceJet flights is expected to further diversify the airport’s airline mix and strengthen its role as a regional connector.
The launch also reflects a wider trend of carriers re-evaluating secondary Gulf airports as viable alternatives for international expansion. With bilateral air service agreements allowing incremental capacity growth, airlines are increasingly targeting routes that balance volume with operational efficiency. Analysts say this approach is particularly attractive for carriers seeking to rebuild international revenues without overextending resources.
Big technology groups have entered earnings season facing a sharper set of questions from investors as capital expenditure tied to artificial intelligence accelerates while core cloud businesses show steadier, more measured growth. Quarterly disclosures from the largest United States-based technology companies point to a widening gap between the scale of investment being committed to AI infrastructure and the pace at which that spending is translating into clearly […]
