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Saudi Arabian Mining Company, widely known as Saudi Arabian Mining Company, has outlined plans to establish a joint venture with Midana Exploration Pay Ltd to advance minerals exploration, development and mining across licensed areas of the kingdom, in a move that underscores the country’s push to expand its non-oil resource base.

Under the proposed structure, the joint venture will be capitalised initially at $5 million, with Maaden holding a controlling 50.1% stake and Hancock owning the remaining 49.9%. The vehicle is expected to focus on early-stage exploration as well as the development and eventual sale of mineral resources identified within approved concession blocks, subject to regulatory clearances.

The announcement comes as Saudi Arabia accelerates efforts to map and commercialise its estimated multi-trillion-dollar mineral endowment, a pillar of the Vision 2030 strategy aimed at diversifying fiscal revenues and building domestic industrial supply chains. Officials and industry executives have repeatedly highlighted underexplored deposits of gold, copper, zinc, phosphate, bauxite and rare earth elements as areas of strategic interest.

Maaden, majority owned by the Public Investment Fund, has over the past decade evolved from a single-commodity operator into a diversified mining champion spanning gold, aluminium, phosphate fertilisers and industrial minerals. The proposed partnership with Hancock signals a renewed emphasis on upstream exploration, an area that demands specialised geological expertise, patient capital and risk-sharing arrangements.

Hancock, through its local exploration arm, has built a portfolio of prospecting licences and geological data across several regions of the kingdom. Industry observers say its familiarity with Saudi Arabia’s licensing framework and field operations complements Maaden’s balance sheet strength, project development experience and access to downstream markets.

According to people familiar with the matter, the joint venture is designed to move swiftly from desktop studies to on-ground surveys, including geophysical mapping and targeted drilling. Any commercial discoveries would then be evaluated for standalone development or integration into Maaden’s existing asset base, depending on scale, mineral type and infrastructure considerations.

The modest initial capital reflects the early-stage nature of the venture, with provisions allowing for additional funding rounds as projects advance. Mining analysts note that exploration budgets often expand sharply once priority targets are identified, particularly for metals linked to energy transition technologies such as copper and battery minerals.

Saudi Arabia has spent heavily on geological surveying over the past few years, releasing high-resolution data to attract private and foreign investors. The Ministry of Industry and Mineral Resources has also reformed the mining law to streamline licensing, strengthen environmental oversight and provide longer concession terms, measures that have been welcomed by global miners.

Within this policy backdrop, Maaden’s majority stake ensures strategic alignment with national priorities while allowing its partner operational flexibility. The 50.1-49.9 split also gives Maaden consolidation rights over any successful projects, a factor likely to reassure lenders and potential offtake partners at later stages.

Market participants see the joint venture as part of a broader trend of collaborative exploration models in the kingdom, where state-backed entities pair with specialised firms to spread risk and accelerate discovery timelines. Similar structures have been adopted in other resource-rich jurisdictions seeking to build domestic mining ecosystems without shouldering all the geological risk alone.

Environmental and social governance considerations are expected to feature prominently as projects move forward. Saudi regulators have tightened requirements around land rehabilitation, water use and community engagement, and Maaden has publicly committed to aligning new developments with international sustainability benchmarks.

KINSHASA, CONGO – Media OutReach Newswire – 29 December 2025 – Vingroup today announced the signing of a trilateral Memorandum of Understanding (MoU) with Kinshasa (Democratic Republic of Congo) and Exposure SARL, establishing a comprehensive cooperation framework to support the development of a sustainable, modern, and accessible urban transportation system in Kinshasa. The agreement represents an important step forward in advancing urban infrastructure modernization and accelerating the green transition in the capital of the Democratic Republic of Congo.

From left to right: Mr. Fely Lukwaka Samuna, Director of Exposure Sarl; Ms. Nguyen Hoang Phuong, CEO of Vingroup Africa; Mr. Fiston Lukwebo Musengo, Provincial Minister for Public–Private Partnerships, Trade and Industry; and Mr. Jésus-Noël Sheke Wa Domene, Provincial Minister for Planning, Budget, Transport and Urban Mobility, at the signing ceremony.
From left to right: Mr. Fely Lukwaka Samuna, Director of Exposure Sarl; Ms. Nguyen Hoang Phuong, CEO of Vingroup Africa; Mr. Fiston Lukwebo Musengo, Provincial Minister for Public–Private Partnerships, Trade and Industry; and Mr. Jésus-Noël Sheke Wa Domene, Provincial Minister for Planning, Budget, Transport and Urban Mobility, at the signing ceremony.

Under the MoU, Vingroup, Exposure, and the City of Kinshasa, through its relevant authorities, will collaborate to study and promote the procurement and deployment of VinFast’s fully electric vehicles, including electric buses, electric cars, and electric scooters, to meet the transportation needs of the city and its residents. In parallel, the parties will jointly develop a comprehensive electric mobility ecosystem encompassing charging infrastructure and after-sales services.

To support the transition to electric mobility, the cooperation will focus on modernizing and greening Kinshasa’s transportation system across public transport services, mobility solutions for government officials and civil servants, and transportation options for the general public.

Vingroup, through its subsidiary VinFast, will provide detailed commercial and technical proposals for vehicle fleets, including buses, cars, and scooters. Exposure will be responsible for developing a detailed preliminary business plan for vehicle procurement and infrastructure development, as well as initiating the necessary local administrative and legal procedures for importation, distribution, and operations. Meanwhile, the City of Kinshasa will review and propose appropriate incentive mechanisms, covering tax policies, regulatory frameworks, and access to infrastructure, to encourage the development and adoption of green mobility. A designated focal authority will also be appointed to manage and oversee the electric bus fleet.

During the initial phase, expected to run from now through the end of Q1 2026, the parties have agreed on a roadmap to conclude formal contracts to operationalize the above objectives. Under this roadmap, VinFast is expected to supply approximately 500 electric buses and 1,000 electric cars for public fleet operations in Kinshasa. Over the same period, VinFast and Exposure plan to implement supply and distribution agreements to introduce between 10,000 and 20,000 electric cars and between 50,000 and 100,000 VinFast electric scooters to the local market.

In pursuit of a comprehensive green ecosystem, the parties will cooperate in developing an extensive charging station network and an authorized service workshop system, ensuring stable operations and convenience for electric vehicle users.

Specifically, Vingroup reaffirmed its commitment to sustainable development and positive local impact through knowledge transfer and human resource development. These initiatives include training programs for drivers, technicians, and on-site operations personnel, as well as technical design support for electrified transportation infrastructure. Exposure will undertake technical and economic assessments of the charging network and vehicle maintenance and repair facilities. For its part, the City of Kinshasa has committed to supporting land allocation, identifying locations for charging stations, and ensuring reliable power supply solutions, thereby establishing a solid infrastructure foundation for Vingroup’s green mobility ecosystem in the city.

Mr. Jésus-Noël SHEKE WA DOMENE, Provincial Minister of Planning, Budget, Public Service, Employment, Tourism, Transport and Urban Mobility, representative of the City of Kinshasa stated: “The City of Kinshasa highly values our cooperation with Vingroup in advancing green and smart mobility solutions. This is a strategic step aligned with the city’s sustainable urban development vision, aiming to reduce environmental impacts, improve transportation infrastructure, and deliver long-term benefits to our citizens. We believe this partnership will help transform Kinshasa into a dynamic, modern, and livable city in the region.”

Mrs. Phuong NGUYEN, General Director of Vingroup Africa shared: “Vingroup is honored to partner with the City of Kinshasa on the journey toward building a modern, civilized, and sustainable living environment. The deployment of green and smart mobility solutions will not only gradually transform Kinshasa’s urban transportation landscape, but also create long-term, tangible value by improving quality of life for residents and supporting the city in achieving its future sustainable development goals.”

Previously, the Government of Kinshasa and Vingroup also signed a Memorandum of Understanding to explore large-scale urban development projects in the Democratic Republic of Congo. Under the MoU, the two parties will jointly study and develop a large riverside urban project covering approximately 6,300 hectares, strategically located within the capital’s urban expansion plan.

The mega urban development is expected to include residential areas, villas, hospitals, schools, shopping centers, hotels, entertainment complexes, and future government and ministerial offices, positioning it as a new tourism destination and a landmark of Kinshasa’s development. The city is expected to allocate land for the project in accordance with the agreed cooperation framework.

These strategic agreements underscore Vingroup’s international vision and growing global presence, reaffirm its pioneering role in green mobility, and further deepen economic cooperation between Vietnam and the Democratic Republic of Congo, as both countries pursue green growth and sustainable development.

Vingroup is Vietnam’s largest private conglomerate, operating across six core sectors: Industrials & Technology, Real Estate & Services, Infrastructure, Green Energy, Culture and Social Enterprises, guided by the vision of “To Create a Better Life for People”.

With a strong track record, scale, and proven capabilities, Vingroup continues to expand its international footprint. The Group was recognized by TIME magazine (USA) in the “TIME World’s Best Companies 2025” list, ranking among the world’s top 1,000 companies for outstanding contributions to sustainable development, innovation, and global impact.Hashtag: #Vingroup

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

A sweeping federal decree-law has set out a unified legal framework aimed at protecting minors from online harm across the UAE’s fast-expanding digital ecosystem, placing clear duties on internet service providers and digital platforms that operate within the country or target users based there. The legislation signals a tougher regulatory posture as children’s screen time rises and online services become more embedded in everyday life. The decree-law […]

BNW Developments has unveiled the Tonino Lamborghini Residences on Al Marjan Island, marking the first time the Italian luxury lifestyle brand has anchored a residential project in Ras Al Khaimah and setting a new benchmark for branded waterfront living in the northern emirate. The launch positions the privately held developer behind what it describes as Ras Al Khaimah’s largest private real estate venture at the centre of a market drawing growing international investor interest.

The project brings together BNW Developments and Tonino Lamborghini, the brand founded by the son of the legendary Italian carmaker, to deliver a design-led residential community that blends Italian heritage with contemporary coastal architecture. Planned as a large-scale, master-planned development, the residences are set on Al Marjan Island, a man-made archipelago that has emerged as the emirate’s most prominent tourism and lifestyle hub.

Executives involved in the announcement said the collaboration reflects a deliberate strategy to move beyond conventional luxury offerings towards globally recognised branded residences that command long-term value. For Ras Al Khaimah, the development underscores a shift towards higher-end projects aligned with the emirate’s tourism and economic diversification agenda, particularly as hospitality, leisure and residential segments converge along the coastline.

The Tonino Lamborghini Residences are being positioned as ultra-luxury waterfront homes, with interiors inspired by Italian craftsmanship and modern European aesthetics. Design elements are expected to reflect the brand’s signature language, incorporating bespoke materials, curated finishes and lifestyle-focused amenities. While detailed specifications and unit pricing have not been formally disclosed, the developer has indicated that the project targets high-net-worth buyers seeking branded homes with strong rental and capital appreciation potential.

BNW Developments has expanded rapidly within Ras Al Khaimah’s real estate sector, capitalising on policy reforms, infrastructure spending and rising tourism flows. Al Marjan Island, in particular, has become a focal point for premium residential and hospitality investments, supported by new resorts, entertainment attractions and improved connectivity. Property consultants tracking the market say branded residences on the island are increasingly appealing to overseas buyers from Europe, Asia and the wider Middle East, drawn by comparatively attractive entry prices and long-term growth prospects.

The arrival of Tonino Lamborghini adds another internationally recognised name to the island’s evolving skyline, reinforcing a trend in which global lifestyle brands are lending their identity to residential projects across the UAE. Analysts note that branded developments typically command a premium over non-branded counterparts, supported by perceived quality assurance, curated services and brand-driven design consistency.

Industry observers also point to Ras Al Khaimah’s regulatory environment and measured approach to development as factors supporting sustained demand. Unlike more saturated markets, the emirate has emphasised phased growth, balancing tourism expansion with residential supply. This has helped maintain pricing discipline while attracting developers focused on differentiated offerings rather than volume-led construction.

For BNW Developments, the Tonino Lamborghini partnership is intended to elevate its profile beyond a regional developer into a player capable of executing globally benchmarked luxury projects. Company officials have described the residences as a long-term investment in brand equity, aligning the developer with an internationally known lifestyle name while contributing to the emirate’s ambition to compete with established luxury destinations.

Tonino Lamborghini’s leadership has framed the project as a natural extension of the brand’s presence in hospitality, accessories and interior design, translating its identity into a residential environment shaped by coastal living. The brand’s involvement is expected to extend beyond naming rights to include design oversight and lifestyle integration, a factor often scrutinised by buyers in the branded residences segment.

IonQ has confirmed plans to deliver a next-generation 100-qubit quantum computing system to South Korea, reinforcing the company’s push into Asia’s accelerating quantum ecosystem and extending a strategic partnership with the Korea Institute of Science and Technology Information. The deployment is positioned as a milestone for the country’s national research infrastructure, giving scientists and industrial users local access to higher-capacity trapped-ion quantum hardware designed for advanced simulations and algorithm development.

The system is scheduled to be installed at facilities operated by Korea Institute of Science and Technology Information, which manages high-performance computing resources for universities, laboratories and government programmes. IonQ said the platform will integrate with existing supercomputing assets, enabling hybrid classical-quantum workflows that are increasingly seen as the most practical near-term use of quantum machines. Officials involved in the project describe the installation as part of a broader effort to ensure domestic capability in a field viewed as strategically significant for science, security and economic competitiveness.

For IonQ, the agreement deepens a relationship that began with earlier access to its systems through cloud services and collaborative research. The 100-qubit platform represents a step up from earlier machines made available to Asian partners, with IonQ highlighting gains in algorithmic performance driven by longer coherence times and high-fidelity gates inherent to its trapped-ion approach. The company argues that these characteristics allow useful problem sizes to be tackled with fewer physical qubits than some rival architectures.

The project comes as South Korea accelerates state-backed investment in quantum science. Government roadmaps call for expanded talent development, dedicated funding lines for hardware and software, and closer links between public laboratories and industry. KISTI’s role as a national computing hub makes it a focal point for these ambitions, with the new system expected to support work ranging from materials discovery and chemistry to optimisation and machine learning. Researchers anticipate that local access will shorten development cycles compared with reliance on overseas cloud resources.

IonQ executives frame the delivery as part of a long-term regional strategy rather than a one-off sale. Asia has become a key battleground for quantum providers as countries seek sovereign capabilities while remaining connected to global research networks. China, Japan and South Korea are all funding large-scale programmes, and regional universities are increasing output in quantum algorithms and error-mitigation techniques. By embedding hardware within national facilities, vendors aim to secure early loyalty among researchers who may later influence commercial adoption.

Competition in the sector is intensifying. Superconducting-qubit systems from established technology firms and photonic approaches backed by start-ups are all vying for attention, each claiming advantages in scalability or manufacturability. IonQ’s bet on trapped ions prioritises precision and stability, though critics note challenges in scaling to very large numbers of qubits. The company counters that its roadmap focuses on algorithmic qubits and error-corrected performance rather than raw counts, a metric increasingly favoured by parts of the research community.

The South Korean installation also reflects a broader trend toward hybrid computing. Rather than replacing classical supercomputers, quantum systems are being linked to them to tackle specific sub-problems where quantum effects offer potential speed-ups. KISTI engineers are working on software layers to manage job scheduling and data movement between systems, an area seen as critical to extracting value from early quantum machines.

Commercial implications are closely watched. South Korean conglomerates in electronics, chemicals and logistics have signalled interest in quantum applications, and access to domestic hardware could encourage pilot projects. Analysts caution that widespread industrial impact remains some distance away, but note that early experimentation helps firms build expertise ahead of future breakthroughs.

Dealmaking across the Middle East gathered pace through 2025, underscoring a shift from opportunistic transactions to targeted consolidation and long-term strategic bets. Mergers and acquisitions activity in the region posted a sharp rise in value, climbing 260 per cent to about $53 billion during the first nine months of the year compared with the same period in 2024, reflecting renewed confidence among corporate buyers and state-linked investors […]

As Web Summit Qatar approaches, we spoke with Marina Levina, CEO of WISH, an international communications agency, about several persistent myths around PR. “During this marathon season of startup and investor events from Web Summit and Slush to GITEX Global, we at WISH keep hearing the same assumptions about PR repeated over and over again. Many of them sound reasonable at first, but in practice, they hold […]

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Thailand is moving quickly to reshape the digital map of Southeast Asia, with a surge in data centre construction and artificial intelligence investment shifting the country from a long-standing data transit role to a regional convergence point. New facilities clustered around Bangkok, Chonburi and the Eastern Economic Corridor are altering traffic flows, shortening latency across borders and drawing cloud, AI and content providers seeking scale outside established hubs.

The expansion reflects a change in how data moves across the region. Historically, much east-west traffic between South Asia, Greater China and the Pacific routed through Singapore before fanning out. With hyperscale campuses multiplying in Thailand, workloads are increasingly being processed and stored closer to end users, easing congestion and improving resilience. Network operators say the shift is visible in peering arrangements and cross-border fibre utilisation, with Bangkok emerging as a preferred interconnection point.

Policy has been a key driver. Authorities have offered investment incentives, fast-tracked permits and clarified power and land-use rules to attract large campuses. Grid upgrades and new renewable capacity have been prioritised to address the energy intensity of AI-ready facilities. The strategy aligns with a broader push to anchor higher-value digital services domestically, from cloud platforms and analytics to language models and industry-specific AI tools.

Global technology firms are responding. Cloud providers including Google, Microsoft and Amazon Web Services have expanded or announced investments to serve regional customers from Thai infrastructure, while chipmakers and systems integrators are working with local partners to deploy accelerated computing suited to AI training and inference. Industry executives cite Thailand’s central geography, improving power availability and maturing regulatory environment as decisive factors.

Domestic players are also scaling up. Telecom operators and property developers have formed joint ventures to build carrier-neutral sites, while energy companies are pairing data centres with solar and gas assets to stabilise supply. Universities and research institutes are increasing AI programmes to address talent gaps, with a focus on data engineering, cybersecurity and model governance. The goal is to ensure that infrastructure growth translates into local capability rather than pass-through capacity.

Competition across the region remains intense. Singapore retains strengths in finance, regulation and dense interconnection, but land and power constraints have pushed expansion elsewhere. Malaysia and Indonesia are adding capacity to serve fast-growing domestic markets, while Vietnam is drawing manufacturing-linked digital workloads. Against that backdrop, Thailand is positioning itself as a neutral aggregation point serving multiple neighbours within ASEAN, balancing scale with proximity.

Connectivity improvements underpin the shift. New submarine cable routes landing on both coasts, alongside terrestrial links to neighbouring countries, are diversifying paths and reducing dependence on a single choke point. Operators say this redundancy matters as enterprises distribute AI workloads across regions for cost, performance and regulatory reasons. Financial services, e-commerce and media firms are increasingly adopting multi-cloud strategies that favour locations offering reliable interconnection.

AI demand is shaping design choices. Facilities are being built with higher power densities, advanced cooling and space for accelerated hardware to support model training, while edge nodes closer to population centres handle inference and latency-sensitive tasks. This layered approach is changing how content delivery, language services and real-time analytics are deployed across Southeast Asia.

Taraf, the real estate arm of Yas Holding, has entered a strategic development partnership with Masdar City to deliver Fay Hills, a 153-acre residential masterplan positioned at the centre of Abu Dhabi’s flagship sustainable urban district. The project reflects a broader shift in the capital’s property market towards low-carbon living, wellness-focused design and long-term community planning. Located within Masdar City, Fay Hills is planned as four interconnected […]

By Nantoo Banerjee US President Donald Trump may have problems with Russia, Venezuela and a host of other states and has every right to decide on the US trade and diplomatic policies to deal with those countries. But he has no right to thrust upon other free nations his likes, dislikes and prejudices. Unfortunately, he […]

The article Trump Has Become A Threat To Free Trade appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Brazil’s youngest investors are reshaping the country’s crypto economy, pushing demand beyond speculative trading towards stablecoins and tokenised income products that mirror traditional fixed income while operating on blockchain rails. Platforms catering to this shift say participation from users in their late teens and twenties has climbed sharply, reflecting a broader generational move towards digital-first savings tools amid stubbornly high interest rates and volatile global markets. Data […]

Kenya’s leadership has renewed its push to project the country as a future developed economy, with Deputy President Kithure Kindiki rejecting claims that the ambition is unrealistic and arguing that structural reforms, demographic momentum and targeted investment are laying the groundwork for first-world status. Speaking at a public forum on economic transformation, Kindiki said scepticism about Kenya’s trajectory often ignored long-term planning frameworks and measurable gains in […]

UK authorities are investigating a sophisticated cyber intrusion into the country’s diplomatic systems after attackers penetrated networks at the Foreign, Commonwealth and Development Office, accessed sensitive material and triggered a sweeping security review across government. The breach, discovered in October 2025 during routine monitoring, has been linked by officials to a state-aligned group assessed to have connections to China, sharpening concerns over espionage risks amid strained geopolitical […]

Greenlogue/AP A major commitment by Alterra to a renewables platform run by Copenhagen Infrastructure Partners is set to channel long-term capital into clean power, storage and transmission projects across multiple markets, strengthening the scale and pace of energy transition investment worldwide. Alterra, the UAE’s climate investment vehicle with a stated target of deploying $30 billion by the end of the decade, confirmed it is investing in a […]

Netskope has unveiled a new data centre in Malaysia, sharpening its expansion across Southeast Asia as governments and enterprises tighten rules on data residency and demand greater control over cloud security. The move places the US-based cybersecurity firm closer to customers in regulated industries that are accelerating cloud adoption while seeking assurances on where sensitive information is processed and stored.

The Malaysia facility, located to serve customers across the country and neighbouring markets, extends Netskope’s NewEdge network, the company’s global security infrastructure that underpins its secure access service edge offerings. By processing traffic locally, the firm says it can reduce latency, improve performance for cloud applications, and help organisations meet domestic compliance obligations without fragmenting their security architecture.

This expansion reflects a broader shift in Southeast Asia, where data protection regimes have become more explicit and enforcement has intensified. Malaysia’s Personal Data Protection Act, alongside sector-specific requirements for finance, healthcare and telecommunications, has pushed multinational firms to re-evaluate cross-border data flows. Similar pressures are evident in Singapore, Indonesia and Thailand, creating demand for security platforms that combine global reach with local presence.

Netskope’s regional strategy has focused on building infrastructure rather than relying solely on partner facilities. The Malaysia data centre complements existing points of presence across Asia Pacific and is designed to support services such as cloud access security brokerage, secure web gateways and zero trust network access. Company executives have said that proximity is increasingly critical as enterprises migrate mission-critical workloads to software-as-a-service platforms and public clouds.

Industry analysts note that the competitive landscape in cloud security has intensified as vendors race to offer compliant, low-latency services. Global rivals including Zscaler, Palo Alto Networks and Cisco have all invested in regional infrastructure to address sovereignty concerns. What differentiates players, analysts argue, is the ability to deliver consistent policy enforcement across geographies while adapting to local legal frameworks.

Malaysia has emerged as an attractive hub for such investments due to its growing digital economy, improving connectivity and government incentives aimed at data centre development. The country has positioned itself as a neutral base for regional operations, with policymakers encouraging foreign technology firms to establish infrastructure that supports domestic innovation and cross-border trade.

For enterprises, the presence of a local Netskope facility may ease long-standing concerns about routing traffic through distant jurisdictions. Financial institutions, in particular, have faced scrutiny over outsourcing arrangements and third-party risk management. Local processing can simplify audits and reporting while maintaining alignment with global security standards.

The expansion also speaks to changing threat dynamics. Cyber risk in Southeast Asia has risen alongside digitalisation, with ransomware, phishing and cloud misconfigurations posing persistent challenges. Security teams are under pressure to gain visibility across hybrid environments that span on-premise systems, multiple cloud providers and a distributed workforce. Vendors that can aggregate telemetry and enforce zero-trust principles close to the user are gaining traction.

Netskope has invested heavily in research and development to support this approach, including machine learning models that analyse cloud usage patterns and detect anomalous behaviour. The Malaysia data centre will feed into these capabilities, enabling faster inspection and response times for regional customers.

Beyond compliance and security, performance considerations are becoming a board-level issue. Latency can directly affect user productivity and customer experience, particularly for real-time collaboration tools and data-intensive applications. By shortening network paths, local infrastructure can deliver measurable gains, strengthening the business case for in-country deployments.

The move is expected to bolster Netskope’s channel ecosystem in Southeast Asia, where managed security service providers and systems integrators play a central role in enterprise adoption. Local infrastructure allows partners to offer services tailored to national requirements while leveraging a globally recognised platform.

Washington moved to reset the direction of its civil and military space ambitions after President Donald Trump signed a sweeping executive order in December 2025 committing the United States to a crewed moon landing by 2028 and the establishment of a sustained lunar outpost by 2030. The order places the Artemis programme at the centre of national strategy, couples it with an expanded role for nuclear power […]

Host Arabia has closed its first edition in Riyadh, positioning the Saudi capital as an emerging focal point for the hospitality and foodservice supply chain at a time when the kingdom is accelerating investment in tourism, leisure and urban development. The three-day event brought together hotel operators, restaurant groups, suppliers and policymakers, underlining the scale of demand being created by new resorts, giga-projects and a fast-expanding domestic dining market.

Held at the Riyadh Front Exhibition and Conference Centre, the inaugural edition drew exhibitors and visitors from across the Middle East, Europe and Asia, reflecting Saudi Arabia’s growing pull as a commercial hub for hospitality equipment, food and beverage solutions, technology and design services. Organisers said the turnout exceeded initial expectations, with strong participation from both international brands seeking market entry and local firms aiming to scale alongside national development plans.

The exhibition opened against the backdrop of an ambitious tourism strategy that targets a sharp rise in annual visitors by the end of the decade, supported by large-scale projects such as Diriyah, Qiddiya, NEOM and the Red Sea destination. These developments are reshaping procurement needs for hotels, resorts, serviced apartments and entertainment venues, driving demand for kitchen equipment, sustainable packaging, digital ordering systems and energy-efficient infrastructure. Host Arabia sought to position itself as a platform where these needs could be matched with suppliers and service providers in a single marketplace.

Industry executives attending the event highlighted Riyadh’s transformation into a year-round destination for conferences, sports and entertainment as a key factor behind the exhibition’s timing. International hotel groups are expanding their presence in the capital, while domestic restaurant concepts are scaling rapidly, supported by a young population and rising disposable incomes. This combination has intensified competition and raised standards, placing greater emphasis on quality, efficiency and sustainability across the hospitality value chain.

The programme featured live culinary demonstrations, equipment showcases and panel discussions focused on workforce development, localisation of supply chains and the adoption of smart technologies. Speakers addressed challenges such as staff training, cost pressures and the integration of sustainability targets into daily operations, themes that resonate strongly with operators navigating rapid expansion. Discussions also touched on regulatory alignment and the role of public-private partnerships in supporting sector growth.

Exhibitors ranged from global manufacturers of commercial kitchen equipment and refrigeration systems to regional producers of food ingredients, tableware and interior solutions. Technology providers showcased point-of-sale platforms, inventory management tools and data analytics designed to help operators manage margins and customer experience more effectively. Several participants noted growing interest in solutions that reduce water and energy consumption, reflecting both regulatory expectations and cost considerations in a desert climate.

Government and industry representatives used the gathering to underline the hospitality sector’s contribution to economic diversification and job creation. Training institutions and recruitment firms reported strong engagement from operators seeking to build local talent pipelines, an area seen as critical to sustaining long-term growth. The emphasis on skills development aligned with broader national objectives to increase private-sector employment and reduce reliance on imported labour over time.

Organisers described the Riyadh edition as a strategic step in establishing Host Arabia as an annual fixture, with plans to expand floor space and content in future editions. Feedback from exhibitors pointed to strong deal-making potential, with several reporting on-site negotiations and follow-up meetings scheduled with hotel developers and restaurant groups. The presence of decision-makers from major projects was cited as a key differentiator compared with more mature regional trade shows.

Abu Dhabi Global Market has entered its second decade with a sharp acceleration in global financial activity, announcing the addition of 11 major international financial institutions whose combined assets under management exceed $9 trillion, a move that underscores the centre’s rapid ascent as a leading global hub for asset management. The influx lifts total assets managed within ADGM to about $1.27 trillion, a steep rise from $635 […]

Arabian Post Staff -Dubai Kuwait is set to sign a contract next week with China Communications Construction Company to advance the long-delayed Mubarak Al-Kabeer Port, signalling renewed momentum behind a project seen as pivotal to the country’s trade ambitions and its role in regional logistics. Public Works Minister Noura Al-Mashaan confirmed the timeline on Thursday, following formal approval by the Central Agency for Public Tenders for the […]

HONG KONG SAR – Media OutReach Newswire – 18 December 2025 – Hongkong Land is delighted to partner with the Hong Kong Tourism Board (HKTB) to bring “Winter Wonderland in Central” as part of Hong Kong WinterFest 2025. Hongkong Land’s philosophy, Experience is central™, takes on new meaning as we join the city-wide festivities illuminating the heart of Hong Kong. This collaboration builds on a cherished legacy that began six decades ago, when Chater Road hosted the city’s first large-scale festive lighting display in 1965, bringing holiday magic to Central and beyond.

Starlight Boulevard on Chater Road

From now until 4 January, 2026, Central is lit up where Prince’s Building and seven other iconic buildings become the canvas for the “Immersive Light Show,” activating both the Company’s properties and the public realm that connects them. Along Chater Road, a golden canopy of Starlight Boulevard, Hong Kong’s largest three-dimensional outdoor light canopy, creates a magical pathway with cascading lights and illuminated figures marking different years of celebration. This enchanting boulevard leads to LANDMARK ATRIUM’s “Noëlia at LANDMARK,” where the Company’s largest ever installation features an 11-metre lighthouse and an interactive Wishing Lake. At Statue Square Garden, Christmas Town dazzles with a majestic, 6-storey high Christmas tree. Visitors can embrace the holiday spirit at the Christmas market, which offers not only festive workshops but also seasonal food & beverages and unique artisanal products. The experience is further enriched by Santa’s Workshop craft sessions and Rudolph’s Tour curated by Hongkong Land, which weaves together Central’s enchanting heritage and festive traditions.

Winter Wonderland in Central – Experience Highlights:

Starlight Boulevard on Chater Road – Hong Kong’s largest three-dimensional outdoor light canopy transforms Chater Road into a magical pathway. Over 30 trees and pedestrian footbridges shimmer with twinkling lights, while a golden canopy at the entrance to Chater House features illuminated figures marking different years of celebration, casting a warm glow, inviting visitors toward LANDMARK ATRIUM.

Santa’s Food Market & Christmas Boulevard – Discover a charming Christmas market featuring 12 specialty chalets at Statue Square Garden, where Santa’s Food Market & Christmas Boulevard comes alive with festive flavors and holiday treasures. Visitors can indulge in gourmet offerings while exploring a curated selection of artisanal products and holiday décor – all set against the backdrop of a 6-storey high Christmas tree. The magical setting is complete with surprise appearances by Santa Claus, and whimsical toy-themed decorations.

Santa’s Workshop – Creative, hands-on workshops for all ages, brought to you by Hongkong Land. From crafting ornaments and personalised gifts to unique experiences that make perfect presents, these sessions add a personal touch to holiday merrymaking. Highlights include family-friendly activities such as the Christmas Tree Mosaic Workshop and Snow Globe Workshop, as well as distinctive options like the Christmas Aroma Stone Workshop, Upcycled Denim Christmas Tree Workshop, and the Fortune Cat Terrarium Workshop.

Find your perfect Christmas craft here: https://reg.winterwonderlandincentral.com/en/workshop/register

Rudolph’s Tour – Curated by Hongkong Land, these heritage tour blend the season’s magic with the timeless spirit of Hong Kong. Where history meets celebration, the story of Hongkong Land’s lasting imprint on the city’s skyline unfolds. This journey offers a fresh perspective on Central, rich with stories, traditions, and hidden gems.

Register here for a unique experience in Central:
https://reg.winterwonderlandincentral.com/en/tour/register

Immersive Light Show – Every night starting at 7:30pm, Prince’s Building and seven other iconic landmarks will glisten in a spectacular show, featuring a blend of 3D projections, festive animations and music.

Noëlia at LANDMARK: Joy Begins with Giving

Festive transformations lead the way to the much-anticipated annual installation at LANDMARK Atrium: “Noëlia at LANDMARK: Joy Begins with Giving.” This enchanting lakeside village is crowned by an 11-metre lighthouse, with a floating airship overhead and Noëlia’s beloved villagers guiding visitors through a landscape filled with wonders. Highlights include Hong Kong’s largest interactive Wishing Lake – Lake Lumière, the exhilarating Starlit Slide, and the Festive Photo Studio, offering endless opportunities for joy and discovery. Every 30 minutes, watch the village come alive in a captivating light show, as Noëlia shimmers with brilliance, bathing the village in sparkling wonder.

Join us this winter for an unforgettable experience in the heart of Central. Visit https://winterwonderlandincentral.com/en for the latest updates and event details.Hashtag: #HongkongLand

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Hongkong Land

Hongkong Land is a major listed property development, investment and management group. It focuses on developing, owning and managing ultra-premium mixed-use real estate in Asian gateway cities, featuring Grade A office, luxury retail, residential and hospitality products. With over US$40 billion assets under management, Hongkong Land’s ultra-premium mixed-use real estate footprint spans over 1.28 million sq. m. in operation and 1 million sq.m under development, with flagship mixed-use projects in Hong Kong, Singapore and Shanghai. Its properties hold industry leading green building certifications and attract the world’s foremost companies and luxury brands. Established in 1889, Hongkong Land takes a long-term view, investing significantly alongside our capital partners and concentrating our portfolio where we can create the most value for tenants, customers and investors. Hongkong Land Holdings Limited has a primary listing on the London Stock Exchange, with secondary listings in Singapore and Bermuda. Hongkong Land is a member of the Jardine Matheson Group.

Prime Minister Narendra Modi arrived in Muscat on December 17 for a two-day visit that places the spotlight on a partnership shaped by geography, commerce and people-to-people ties across the Arabian Sea. Sayyid Shihab bin Tarik Al Said, Deputy Prime Minister for Defence Affairs, led the welcoming party at Muscat International Airport, receiving the guest and his delegation with ceremonial honours. The visit marks a milestone year […]

Mubadala Investment Company and Bain Capital have completed the acquisition of Service Logic, a major provider of commercial heating, ventilation and air-conditioning services, marking a significant private equity investment into North America’s building services sector. The transaction, announced on Wednesday, transfers ownership from Leonard Green & Partners and positions the company for an accelerated expansion phase under joint sponsorship by the Abu Dhabi-based sovereign investor and the […]

Arabian Post Staff -Dubai Hotel occupancy across the UAE climbed to 79.3 per cent during the first ten months of 2025, underlining the sector’s sustained momentum as visitor flows, air connectivity and investment continue to reinforce the country’s position as a global tourism hub. The figure marks an increase from 78 per cent a year earlier and places the UAE among the strongest performers both regionally and […]

Cisco has said that a sophisticated group of China-linked hackers is actively exploiting a previously unknown vulnerability to breach the networks of its customers, raising concerns across governments and large enterprises that rely on the company’s equipment for critical communications and data traffic. The company disclosed that the attackers have been using a zero-day flaw to gain unauthorised access to affected systems before patches were available, allowing […]

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RYO YAMADA
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