Arabian Post Staff -Dubai Kuwait Petroleum Corporation has opened preliminary discussions with a broad pool of global investors over the potential sale of a minority stake in its crude oil pipeline assets valued at about $7 billion, according to three people familiar with the matter, signalling a strategic shift that mirrors monetisation drives across the Gulf. The early-stage talks centre on infrastructure funds and private equity groups […]
Tata Group, Tata Consultancy Services and OpenAI unveiled a landmark strategic partnership that aims to redefine the landscape of artificial intelligence deployment across enterprise, infrastructure and workforce development. With a multi-year agreement signed at a major AI summit in New Delhi, the collaboration is centred on building out AI infrastructure in India, rolling out Enterprise ChatGPT to thousands of employees and co-creating industry-tailored AI solutions.
Under the pact, TCS’ HyperVault unit will lead the development of large-scale AI-ready data centres, starting with an initial capacity of about 100 megawatts of power and a roadmap to scale to 1 gigawatt. OpenAI is anticipated to become the first anchor customer for this infrastructure, supporting advanced AI computation and inference workloads within the country.
Central to the partnership is the deployment of Enterprise ChatGPT across Tata Group companies, designed to enhance productivity and accelerate innovation within one of India’s largest conglomerates. Thousands of employees are set to receive access to the enterprise version of the generative AI platform, enabling broader internal adoption of AI tools for knowledge work and decision support.
Beyond productivity tools, the alliance will explore the development of “agentic” AI solutions that combine OpenAI’s cutting-edge models with TCS’ industry knowledge and engineering capabilities. This approach aims to address complex sector-specific challenges across fields such as manufacturing, financial services and healthcare, rather than offering generic AI applications.
OpenAI’s CEO Sam Altman positioned the collaboration as part of a larger initiative to expand the company’s footprint and capabilities in emerging markets like India, where demand for AI services and local data processing is accelerating. He emphasised the need for robust infrastructure and local partnerships to scale AI responsibly and securely.
Tata Sons Chairman N. Chandrasekaran described the partnership as a cornerstone in the group’s wider AI strategy, underscoring its potential to strengthen both domestic capacity and global competitiveness. The agreement aligns with TCS’ ambition to become a leading AI-driven technology services provider on the world stage, building on its existing HyperVault platform and ongoing investments in state-of-the-art data centres.
Financial markets reacted positively to the announcement, with TCS shares rising after the news broke, reflecting investor confidence in the company’s expanded role in AI infrastructure build-out and its position as a strategic partner to global AI developers.
The infrastructure element of the partnership places a strong emphasis on scalability and sustainability. TCS’ HyperVault facilities are designed to support liquid-cooled, high-density data environments that can handle the demanding computational needs of generative AI models, while also integrating with major cloud regions for broader interoperability.
A social impact component is woven into the alliance through plans to collaborate with the OpenAI Foundation to deliver AI training programmes for youth and underserved communities, equipping individuals with skills to engage with emerging technologies responsibly. The initiative aims to develop a pipeline of talent capable of contributing to the wider AI ecosystem.
This partnership comes amid a broader surge in investment and strategic alignments between global AI firms and Indian technology leaders, as the country seeks to position itself as a competitive hub for innovation and data infrastructure. Industry observers note that similar efforts by other major tech players to localise AI capabilities reflect a global trend towards data residency, regulatory compliance and sovereign control over critical AI workloads.
Critics caution that the rapid expansion of AI infrastructure must be balanced with robust governance frameworks to address concerns around data security, ethical use and labour market disruption. Analysts argue that while the partnership promises substantial gains in efficiency and capability, clear policies and oversight mechanisms will be crucial to ensure equitable benefits across society.
A magnitude 5.7 earthquake struck off the coast of West Papua province in Indonesia on Tuesday, recording a shallow depth that had authorities monitoring a broad swath of Papua’s coastal communities for shaking effects, according to seismic data from international observatories. The German Research Centre for Geosciences and seismic networks reported the tremor’s epicentre in the Ceram Sea region of West Papua, with a hypocentral depth of […]
Microsoft has acknowledged a significant flaw in its Microsoft 365 Copilot AI assistant that allowed the system to process and summarise emails labelled as confidential, bypassing established data protection controls. The issue, tracked internally as CW1226324, emerged from a coding defect in the Copilot “Work” tab that inadvertently pulled content from users’ Sent Items and Drafts folders — even when those messages carried sensitivity labels and were […]
Scientists are advancing a radical approach to cancer therapy by engineering bacteria capable of infiltrating tumours and breaking them down from within, exploiting the low-oxygen conditions at their core to trigger a controlled biological assault. Research teams across the United States, Europe and Asia are refining strains of bacteria that preferentially colonise solid tumours, particularly in regions where conventional treatments struggle to penetrate. Tumour cores are typically […]
Stablecoin payments firm RedotPay is weighing a public listing in the United States that could raise as much as $1 billion, signalling growing investor appetite for crypto-linked financial infrastructure as digital dollar transactions gain traction across retail and cross-border commerce. People familiar with the matter indicate the company has begun exploratory discussions with advisers about a potential initial public offering, though timing and valuation remain subject to […]
Bitcoin is hovering near the $60,000 threshold after a sharp weekly slide, with derivatives data indicating that a decisive break lower could unleash as much as $2.2 billion in forced liquidations across major exchanges. The world’s largest cryptocurrency has retreated from highs above $70,000 reached earlier this quarter, shedding momentum as risk appetite across global markets softens. Trading desks report heightened volatility and thinning order books around […]
Debut at startup-centric zone 4YFN, Dual-presence at World Class Tech Exhibitions in Spain
HONG KONG SAR – Media OutReach Newswire – 24 February 2026 – Hong Kong Science and Technology Parks Corporation (HKSTP), in collaboration with Hong Kong Trade Development Council (HKTDC), will lead a delegation of 21 Hong Kong tech companies and institutions to showcase at Mobile World Congress (MWC) 2026—the world’s premier connectivity event, and debut at 4 Years From Now (4YFN) 2026—a global stage for start-ups, taking place concurrently 2-5 March in Barcelona, Spain.
Building on the momentum from MWC 2025—the Delegation will be featuring solutions beyond the Connectivity category, covering focus areas across Devices and Systems, Digital Transformation and support from Ecosystem Partners. The Pavilion duet ought to give a more comprehensive picture of Hong Kong’s innovation and technology (I&T) capabilities in engaging global telecom leaders, enterprise decision-makers, industry partners, and investors, bridging cutting-edge research and development (R&D) into real-world applications and propelling Hong Kong’s I&T sector onto the international stage.
Derek Chim, Head of Startup Ecosystem and Development, HKSTP said, “MWC is a global bellwether for communications technology and tech companies at any stage, to connect with the industry and investors, to have a solid ground that validate solutions, catalyse pilot projects, accelerate commercialisation, and scale internationally.”
Iris Wong, Director, Merchandise Trade and Innovation / Director, External Relations, HKTDC, said, “The Hong Kong Tech Pavilion is an ideal platform for Hong Kong tech enterprises to present their latest R&D achievements at major international tech gatherings, support their journey to explore overseas markets, while highlighting Hong Kong’s strengths as an international innovation and technology hub.”
A series of dialogues and exchanges, spanning from networking reception and themed talks to pitching sessions, will take place throughout the events at the Pavilion to facilitate partnerships and investment opportunities for innovative solutions that are market-ready with high potential for market expansion, in particular, Asmote and Cresento under “Connectivity” make stellar examples of the notion:
5G & 6G for Communication, Sensing, and AI computing – Shannon & Turing, (Asmote), located at MWC, specialises in mmWave technology for Integrated Sensing and Communication (ISAC) technology—drone communications and control—rising to the occasion as the city advances its low-altitude economy initiatives, while winning favors for its efficiency in managing industrial scenarios such as smart ports and dark factories. The company previously secured the world’s first 26GHz mmWave 5G commercial communications project, demonstrating its leadership in industrial-grade applications.
Smart Performance Insights for Sport – Cresento, located at 4YFN, focused on developing an AI-powered shin guard to deliver real-time insights—performance analytics, team leaderboards, and more—with a design that incorporates into gears that athletes already wear and creates minimal friction for, in particular, football players to adapt, will be moving from prototypes to pilot collaborations with European football clubs, academies and sport tech platforms and distributors.
HKSTP continues to join hands with HKTDC to support Hong Kong tech enterprises to “go global” by jointly organising the Hong Kong Tech Pavilion to build bridges linking tech companies with the world. This expedites the industry’s progress in internationalisation to meet the growing demand for I&T globally. This will attract talents, facilitate forward-looking investments and explore opportunities globally, realising the mission of entrepreneurs to reach out to the world and further consolidate Hong Kong’s position as an international I&T hub.
Mobile World Congress Barcelona (MWC) & 4 Years From Now (4YFN) Date: 2-5 March 2026 Venue: Fira Gran Via, Av. Joan Carles I, 64, 08908 L’Hospitalet de Llobregat, Barcelona, Spain
Hong Kong Tech Pavilion: MWC – Booth 6E44 at Hall 6 4YFN – Booth 8.1B31 at Hall 8.1
China’s electric vehicle industry has recorded more than 146,000 battery swaps in a single day, marking a milestone for a technology long promoted as a faster alternative to conventional charging. The figure, disclosed by industry participants, underscores the scale at which battery-swapping networks are now operating across major cities and highways, led by companies including Nio and battery giant CATL.
Battery swapping allows drivers to exchange a depleted battery for a fully charged one in a matter of minutes at automated stations. Proponents argue that the process reduces waiting times, eases pressure on charging grids and addresses consumer concerns over driving range. The single-day tally reflects the rapid build-out of swapping infrastructure, particularly in urban clusters where electric vehicle adoption has surged.
Nio, one of the most prominent advocates of the model, has invested heavily in automated swap stations capable of completing a battery exchange in roughly three to five minutes. The company has deployed thousands of such stations nationwide, positioning the service as a core part of its premium brand offering. CATL, the world’s largest electric vehicle battery manufacturer, has also entered the segment, unveiling standardised battery packs and modular swap solutions aimed at broader industry adoption.
The record comes as authorities continue to encourage innovation in electric mobility as part of wider decarbonisation efforts. China remains the world’s largest market for electric vehicles, accounting for more than half of global sales. According to industry data, new energy vehicles — which include battery-electric and plug-in hybrid models — have steadily expanded their share of total car sales, supported by policy incentives, local government backing and a dense manufacturing ecosystem.
Supporters of battery swapping argue that the model can complement fast-charging networks rather than replace them. While high-powered chargers have improved, recharging times can still extend beyond 20 minutes depending on capacity and grid availability. Swapping offers a predictable and shorter turnaround, which fleet operators such as ride-hailing and logistics companies view as critical to maintaining vehicle utilisation rates.
Industry analysts note that standardisation has historically been a barrier to wider adoption. Different vehicle platforms often require unique battery configurations, complicating interoperability. CATL has sought to address this by promoting unified battery specifications that could be shared across brands. If widely adopted, such standardisation could lower infrastructure costs and accelerate rollout beyond premium segments.
Nio has expanded partnerships with other manufacturers to open its swapping network to additional vehicle models. The company has also integrated digital systems to allow drivers to locate stations, reserve slots and monitor battery health. Executives argue that separating vehicle ownership from battery ownership — through subscription-style battery leasing — reduces upfront purchase prices and mitigates concerns over long-term battery degradation.
However, sceptics question whether the economics can be sustained at scale. Building and maintaining automated swap stations requires substantial capital expenditure. Each site houses multiple battery packs, robotic handling systems and grid connections capable of recharging stored units. Critics argue that fast-charging networks, which rely on increasingly powerful chargers, may offer a more straightforward path to expansion without the need for physical battery inventories.
Grid management is another factor shaping the debate. Swapping stations can recharge batteries during off-peak hours and potentially provide energy storage services to the grid. By smoothing demand, operators may reduce strain during peak periods. Analysts suggest that such integration could become more valuable as renewable energy capacity grows and grid balancing becomes more complex.
Beyond domestic deployment, Chinese firms have signalled ambitions to export swapping technology. Pilot projects have been announced in parts of Europe and Asia, though regulatory frameworks and consumer preferences vary widely. In markets where home charging is common and long-distance travel patterns differ, adoption may face distinct challenges. Even so, global interest in reducing charging bottlenecks has prompted automakers and policymakers to monitor developments closely.
Competition within China’s electric vehicle market remains intense. Dozens of manufacturers are vying for market share amid price competition and rapid technological upgrades. Infrastructure innovation has become a key differentiator. Companies capable of offering integrated ecosystems — spanning vehicle, battery, software and energy services — are viewed as better positioned to secure customer loyalty in a crowded field.
The 146,000-swap benchmark illustrates how quickly usage volumes can scale once infrastructure density reaches critical mass. Urban corridors linking major economic centres have seen particularly high utilisation rates, with drivers opting for swaps during peak commuting hours. Fleet operators report that predictable turnaround times improve route planning and asset productivity.
Arabian Post Staff -Dubai JTI has secured its Global Top Employer certification for 2026, marking another year of recognition for its workforce policies and signalling steady gains in employee engagement, leadership development and workplace culture across its international operations. The tobacco and nicotine products group, which operates in more than 70 markets, said the renewed certification reflects year-on-year improvements in areas ranging from talent acquisition and career […]
By Nantoo Banerjee The global AI impact summit 2026 in Delhi, last week, couldn’t have come at a more appropriate time when the world continues to be somewhat skeptical about adoption of Artificial Intelligence (AI), its limitations and potential consequences. Thanks to the pioneering effort by firms such as Nvidia, Microsoft, Google, Amazon, Meta and […]
DUBAI, UAE – Media OutReach Newswire – 23 February 2026 – VinFast today announced the signing of a Memorandum of Understanding (MoU) with PlusX Electric, a DEWA-approved EV charging and electric mobility solutions provider in the United Arab Emirates (UAE). The collaboration aims to enhance charging accessibility and strengthen customer support services, reinforcing the overall EV ownership experience for VinFast customers in the UAE.
Ms. Đỗ Hoài Linh, CEO of VinFast Middle East (right), and Mr. Chintan Sareen, Founder and CEO of PlusX Electric, at the signing ceremony of the Memorandum of Understanding between the two parties.
The partnership is designed to provide greater confidence throughout the EV ownership journey—ensuring that premium electric vehicles are supported by reliable charging solutions, responsive roadside assistance, and integrated digital services. By combining VinFast’s expanding EV presence in the UAE with PlusX Electric’s on-demand charging capabilities and infrastructure expertise, the two parties will work together to deliver a seamless, convenience-led, and assurance-driven experience for VinFast drivers.
Under the MoU, VinFast and PlusX Electric will collaborate across a structured set of initiatives focused on charging availability, ownership support, and infrastructure enablement across key use cases, including home, workplace, fleet, and on-road assistance.
Specifically, the two parties aim to deploy Portable EV Charging Pods to meet customers’ flexible charging needs during vehicle usage, while enabling access to On-Demand Mobile Charging services designed to assist in time-sensitive situations. The partnership will also explore EV Roadside Assistance (RSA) – Emergency Charging services, helping reduce range anxiety and vehicle downtime while strengthening customer assurance through clearly defined service workflows and operational readiness.
In addition, PlusX Electric may become a preferred partner for the supply, installation, and aftersales support of Home & Office Chargers for VinFast customers in the UAE, in alignment with applicable UAE compliance requirements. For commercial and fleet segments, the two parties will explore scalable solutions such as DC Fast Charger Leasing and dedicated mobile charging support, ensuring operational continuity and efficiency for B2B and fleet customers.
As part of the collaboration, VinFast and PlusX Electric will further explore digital integration initiatives to streamline how customers access charging services, manage bookings, and receive service updates through partner platforms. The two parties will also assess potential integration of EV insurance offerings via the PlusX App and explore co-branding opportunities, including VinFast branding on PlusX Power Pods, with the objective of delivering a cohesive and fully integrated EV ecosystem experience.
VinFast VF 8 model in UAE
Ms. Do Hoai Linh, CEO of VinFast Middle East, shared: “VinFast is committed to building a long-term and comprehensive EV ecosystem in the UAE—one that gives customers confidence not only in the quality and performance of our electric vehicles, but also in the reliability and accessibility of the supporting infrastructure. Through this MoU with PlusX Electric, we are strengthening the support layer around EV adoption by expanding access to flexible charging solutions, emergency assistance services, and integrated digital touchpoints. By working with a DEWA-approved partner that understands local regulatory requirements and operational realities, we aim to make EV ownership simpler, more dependable, and better aligned with the expectations of customers in the Middle East.”
Chintan Sareen – Founder and CEO of PlusX Electric added: “EV adoption accelerates when customers trust that charging and support are always within reach. Our collaboration with VinFast reflects a shared commitment to strengthening the EV ownership ecosystem in the UAE through dependable infrastructure, responsive roadside services, and customer-centric digital solutions. As a DEWA-approved provider, PlusX Electric brings localized expertise in charger supply and installation, mobile charging operations, and fleet enablement. Together with VinFast, we look forward to delivering practical, scalable solutions that enhance service reliability, reduce range anxiety, and support the continued growth of sustainable mobility in the region.”
Across the Middle East, VinFast continues to expand its presence through strategic partnerships, strengthened aftersales capabilities, and the development of EV-supporting infrastructure. The collaboration with PlusX Electric underscores VinFast’s long-term commitment to supporting customers throughout their ownership journey and contributing to the UAE’s transition toward sustainable and future-ready mobility solutions.
Hashtag: #Vinfast
The issuer is solely responsible for the content of this announcement.
About VinFast
VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC — one of Vietnam’s largest private conglomerates — is a pure electric vehicle (EV) manufacturer with a mission to make EVs more accessible to all. Its current product lineup includes a range of electric SUVs, e-scooters, e-bikes, and electric buses.
VinFast is entering its next phase of global growth by rapidly expanding its distribution and dealership network, strengthening manufacturing capabilities, and focusing on key markets in North America, Europe, and Asia.
PlusX Electric is a DEWA-approved EV charging and electric mobility solutions company in the UAE, offering end-to-end charging services including charger supply and installation, mobile charging solutions, EV roadside assistance, and fleet charging partnerships. PlusX Electric is committed to making EV charging more accessible, reliable, and convenient for both individual and commercial customers across the UAE.
Kyndryl has unveiled a Cyber Defense Operations Center in Bengaluru, bringing its network and security operations under a single command structure as enterprises confront an escalation in AI-enabled cyber attacks. The new facility, described by the company as a Cyber Defense Operations Center, is designed to integrate traditional network monitoring with advanced threat detection, incident response and resilience planning. Executives said the unified model is intended to […]
Renault is set to take full control of Flexis, the electric van joint venture it formed with Volvo Group and CMA CGM, marking a decisive shift in the French carmaker’s strategy to consolidate its position in the fast-growing light commercial vehicle segment. The company confirmed it will buy out the stakes held by truckmaker Volvo and shipping group CMA CGM in the venture, which was launched to […]
North Korean state-backed hackers are exploiting global technology recruitment channels to plant malware, siphon intellectual property and generate covert revenue, according to multiple cyber security investigations tracking activity since 2022. The operations combine fake IT worker identities with booby-trapped job interviews, turning routine hiring processes into attack vectors aimed at software developers and technology firms. Security analysts say the campaigns form part of a broader strategy by […]
HONG KONG SAR – Media OutReach Newswire – 23 February 2026 – Esperanza Fintech (Securities) Limited (“Esperanza Securities“, or “Company“) announced today that, following the granting of the formal permission on its tokenized investment business by the Securities and Futures Commission of Hong Kong (“SFC“) on 13 February 2026, the Company is introducing an innovative financing and community engagement model for the live entertainment industry.
The tokenized investment model enables Esperanza Securities to issue investment tokens (also known as security tokens) through an investment fund it manages, allowing eligible investors to participate with a significantly lower entry barrier and trade the tokens in secondary markets.
Against the emerging tokenized real-world-asset (RWA) trend worldwide, Esperanza Securities is among the first platforms with a systematic focus on the live entertainment industry. Following the granting of the permission by the SFC, two upcoming tokenized entertainment investments will include the Chris Wong 40th Anniversary Concert which will take place in Hong Kong on 6 to 7 March 2026 and a Korean boy band concert which will take place in Kuala Lumpur, Malaysia on 11 April 2026.
Innovation beyond technology: a focus on product structure
Entertainment industry assets have long benefited from a clear business model and income structure, which include box office receipts, sponsorships and merchandise revenue. Through tokenization, Esperanza Securities offers a new path for asset owners such as concert organizers to access capital without altering their operational models, while enabling investors to directly participate in opportunities linked to real economic activities.
The application of the tokenized investment model spans beyond the live entertainment industry. In fact, opportunities with clear business models and easily valuated underlying assets possess immense potential for tokenization. For instance, cultural and experiential projects with clear community monetization models and assets with stable and predictable cash flows, such as commercial properties, can all benefit from tokenization.
Bridging global investors to Asian assets through a 24×7 platform
Through the proprietary platform, espetopia.com (“Platform“), Esperanza Securities enables eligible investors to back real economy linked Asian projects, anytime and anywhere, without geographical limitations.
Eligible investors from all over the world can access all investment-related information, trade investment tokens and redeem utilities and experiences associated with the underlying assets through the Platform. This infrastructure enhances the visibility of Asian opportunities in global markets and effectively pools global capital to fund real economic developments, across verticals from cultural intellectual properties to the broader experience economies.
Looking ahead: charting a digital financing path for high-quality real assets
Looking forward, Esperanza Securities will continue to advance its asset-backed tokenized investment model under a prudent and compliant framework. The Company aims to progressively build a sustainable digital investment ecosystem centered on real assets with clear economic foundations.
As market acceptance of RWA digitization continues to grow, the Company sees promising potential for asset-backed tokenization to become an integral financing option alongside traditional public listings and private placements.
Hashtag: #EsperanzaFintech
The issuer is solely responsible for the content of this announcement.
About Esperanza Fintech (Securities) Limited
Esperanza Securities is a licensed corporation under the Securities and Futures Ordinance (Cap 571 of the law of Hong Kong) with permission to carry out Type 4 (advising on securities) and Type 9 (asset management) regulated activities. On 13 February 2026, Esperanza Securities received a “no further comment” letter from the SFC in relation to its proposal to tokenize managed funds, effectively granting formal permission for Esperanza Securities to conduct tokenized investment businesses.
About Esperanza Fintech Group
Esperanza Fintech Group is a fintech group headquartered in Hong Kong. The group’s licensed businesses include (i) gold trading and tokenized gold services operated by Esperanza Fintech (Commodities) Limited, a DPMS (dealers in precious metals and stones) Category A Registrant (No. A-B-25-03-08913) with the Hong Kong Customs with permitted businesses including the issuance, redemption and trading of gold backed instruments on www.espetopia.com; (ii) client asset custodian service operated by Esperanza Fintech (Nominees) Limited, a licensed Trust or Company Service Provider in Hong Kong (Licence No. TC010260), regulated by the Hong Kong Companies Registry; and (iii) tokenized investment services operated by Esperanza Securities, an SFC-regulated asset manager with permission to carry out tokenized investment businesses.
Qatar’s $580 billion sovereign wealth vehicle is committing fresh capital to a private credit firm founded by former Goldman Sachs partners, marking another step in the Gulf state’s push into alternative assets. Qatar Investment Authority is investing a few hundred million dollars in 5C Investment Partners, according to people familiar with the matter. The funding is expected to support the firm’s expansion in direct lending, a segment […]
More than a thousand malicious plug-ins capable of siphoning cryptocurrency wallet data and sensitive credentials have been identified on OpenClaw’s ClawHub platform, raising fresh concerns over the security of decentralised software marketplaces and the speed at which harmful code can spread through developer ecosystems. Security researchers examining ClawHub said they had flagged 1,184 so-called “skills” that appeared designed to harvest SSH keys, private wallet information and other […]
Blockchain ventures built around sport are moving beyond fan tokens towards real-time, onchain markets tied directly to match-day outcomes, marking a new phase for what has become known as SportFi. Developers and investors say the model aims to deepen fan engagement by allowing supporters to trade digital assets linked to specific games, player performances and season milestones, while settling transactions transparently on public blockchains. Proponents argue that […]
A research team at Korea University has unveiled a prosthetic hand that can detach from a wearer’s wrist and crawl across surfaces to retrieve objects, marking a striking advance in modular assistive robotics. The 256-gram device combines gripping capability with independent locomotion and is controlled wirelessly through muscle signals, offering a glimpse of how future prosthetics could move beyond the limits of the human arm. Developed by […]
ProShares’ first exchange-traded fund designed to hold tokenised cash instruments attracted roughly $17 billion in assets on its market debut, igniting speculation across digital asset markets about whether Circle had shifted part of the reserves backing its USDC stablecoin into the vehicle. The scale of the launch marked one of the largest first-day asset gatherings for a US-listed ETF and underscored the pace at which traditional asset […]
Cybersecurity analysts warn that operators linked to North Korea have expanded their assault on digital asset platforms, a year after a record-breaking breach at Dubai-based exchange Bybit exposed structural weaknesses across the sector. On 21 February 2025, attackers attributed by multiple governments and private security firms to Pyongyang stole about $1.46 billion in cryptoassets from Bybit, marking the largest confirmed theft in the history of the cryptocurrency […]
Dubai has moved into the next stage of its real estate tokenisation drive, expanding the initiative onto the XRP Ledger in a bid to widen investor access and streamline property transactions through blockchain technology. The second phase of the emirate’s Real Estate Tokenisation Project allows approved investors to trade fractionalised property interests recorded on the XRP Ledger, a public blockchain associated with Ripple. Officials say the move […]
Arabian Post Staff -Dubai Dubai Aerospace Enterprise’s leasing arm is nearing an agreement to acquire a controlling stake in Macquarie AirFinance, signalling a significant shift in the global aircraft leasing market as investors seek to capitalise on tight jet supply and strong airline demand. Industry executives familiar with the discussions said Dubai-based DAE Capital is in advanced negotiations to take control of the leasing platform, which […]