Arabian Post Staff -Dubai Singapore and Saudi Arabia have agreed to pursue underground crude oil storage on Jurong Island from the second half of 2027, strengthening supply safeguards amid disruptions caused by the war involving Iran. The two governments announced the proposed arrangement on Monday as Saudi Aramco exchanged a memorandum of understanding with Singapore’s Energy Market Authority and industrial infrastructure agency JTC Corporation during Singapore International […]
By T N Ashok NEW YORK: The latest diplomatic signals from Washington and New Delhi suggest that a prolonged India–US trade confrontation may finally be approaching a settlement. US President Donald Trump says a deal is close. Secretary of State Marco Rubio, after meeting External Affairs Minister S. Jaishankar in Mumbai on October 20, has […]
The article India-U.S. Trade Deal Draft Is Ready, But Still There Are Few Gaps appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Meta Platforms has agreed to give chief executive Mark Zuckerberg greater freedom to sell shares without surrendering voting control, securing his commitment to remain in California as voters prepare to decide on a billionaire wealth tax. The arrangement, disclosed in a regulatory filing, follows Zuckerberg’s warning that he was considering moving his primary residence outside the state to avoid a potentially multibillion-dollar liability under Proposition 40, which […]
The opening on Wednesday marks a further step in the emirate’s efforts to develop trade and investment links with southern China. The office is intended to connect companies in Guangdong with opportunities in Ras Al Khaimah and provide a continuing point of contact for prospective business partners.
Sheikh Saud, a member of the UAE Supreme Council, inaugurated the facility during a working visit to China scheduled to continue until Friday. The programme includes discussions with provincial officials, meetings with corporate executives and engagements in Guangdong and Fujian.
The consultancy follows a cooperation agreement signed by Ras Al Khaimah and Guangdong in November 2024. That agreement identified the digital economy, technological innovation, advanced manufacturing, smart cities, culture and tourism as areas for collaboration.
The new Guangzhou presence gives the emirate a local platform through which to pursue those priorities beyond individual official visits and business delegations. Its establishment also provides Chinese enterprises with a designated channel for exploring commercial relationships with Ras Al Khaimah.
The opening comes as the emirate seeks to translate institutional agreements into direct contacts between companies and public agencies. Guangdong is a particularly significant partner because of its concentration of manufacturing, technology and export-oriented businesses.
The Ruler’s China itinerary began with his arrival in Shenzhen on October 17, accompanied by senior officials and representatives of Ras Al Khaimah government entities. UAE Ambassador to China Hussain bin Ibrahim Al Hammadi and UAE Consul General in Guangzhou Maryam Al Shamsi were among those who welcomed him.
A principal engagement of the visit was the Ras Al Khaimah–China Business Summit in Shenzhen, where the emirate presented investment opportunities to Chinese business leaders. The meetings form part of a broader effort to identify potential partners and encourage companies to examine the emirate as a base for operations and investment.
Officials have indicated that more than 400 Chinese companies operate in Ras Al Khaimah. The existing corporate presence offers a foundation for further commercial engagement, although the opening of the consultancy does not itself establish new investment commitments or completed transactions.
The emirate’s economic outreach also involves Ras Al Khaimah Economic Zone, which has previously organised business missions to China and pursued cooperation with Chinese enterprises. The economic zone has promoted opportunities for manufacturing and industrial projects, alongside other commercial activities.
During the current visit, Sheikh Saud has also met representatives of Chinese technology businesses. A visit to Guangzhou included an engagement with ARIDGE, a company developing advanced air mobility vehicles, as cooperation on emerging transport technology attracted attention from both sides.
The company presented an aircraft intended for testing within the UAE’s advanced air mobility regulatory environment. Its founder, Zhao Deli, described plans to begin with demonstrations and certification before pursuing potential commercial applications, including emergency services and tourism. Those plans remain subject to testing and regulatory requirements.
The wider commercial initiative is being pursued alongside government-to-government engagement. The distinction matters because cooperation agreements can establish areas of common interest without specifying individual projects, financing or delivery schedules. The consultancy is therefore expected to act as a practical point of contact rather than a substitute for negotiations between investors, regulators and commercial partners. Details of its staffing, operating budget and arrangements for assisting individual businesses have not been publicly specified.
The Guangzhou opening builds on contacts developed during Sheikh Saud’s two visits to China in 2024. The November agreement with Guangdong has subsequently been followed by cooperation involving institutions in education, transport, research, culture and archaeology.
Entities identified in that cooperation include the Ras Al Khaimah Transport Authority, the Sheikh Saud bin Saqr Al Qasimi Foundation for Policy Research, RAK Medical and Health Sciences University and the emirate’s Department of Antiquities and Museums.
Guangdong’s industrial base encompasses electronics, vehicles, pharmaceuticals and other manufacturing activities. Its size and commercial networks make it an important destination for international investment promotion, although specific outcomes from the new consultancy will depend on subsequent business engagement.
Sheikh Saud is also scheduled to visit Fuzhou, the capital of Fujian province, where an agreement establishing friendly relations between Ras Al Khaimah and Fujian is planned. The visit is due to conclude on October 23.
SoftBank Group shares fell sharply on Thursday, bringing the Japanese investment company’s market value close to half its June peak as investors questioned the cost of financing its expanding artificial intelligence commitments. The stock dropped more than 5% in Tokyo trading, extending a retreat that has accompanied broader selling across Asian technology markets. The decline has put renewed attention on SoftBank’s reliance on borrowing and the uncertain […]
Paris police have prohibited unauthorised demonstrations across prominent parts of the capital on Thursday, including the presidential palace, parliament and tourist districts, as authorities seek to prevent further violence during nationwide protests. The order issued by the Paris Police Prefecture applies from 8am until 8pm on 22 October. It covers gatherings, marches and processions that have not been declared under French law, rather than imposing a blanket […]
Abu Dhabi emerged as the leading centre of sovereign investment activity in the Middle East during the first nine months of 2026, with state-backed funds accelerating acquisitions, consolidating strategic assets and expanding international investments despite geopolitical uncertainty. New figures from investment research firm Global SWF show that Mubadala Investment Company deployed $26.2 billion between January and September, making it the most active sovereign investor in the Gulf. […]
Arabian Post Staff -Dubai Emirates NBD has agreed to deploy OpenAI’s GPT models through computing infrastructure in the United Arab Emirates, becoming the first Middle East and North Africa bank to adopt the arrangement, according to the two companies. The enterprise collaboration, announced on Monday, will allow the Dubai-based lender to use advanced artificial intelligence for customer services, compliance, risk monitoring and internal operations while processing model […]
Walt Disney has agreed to offer jobs to most employees of bankrupt artificial intelligence chatbot developer Character. AI, expanding a proposed $20 million technology deal as the startup struggles with mounting legal liabilities and heavy operating losses. Bankruptcy court filings show that Disney has committed to making employment offers to at least 60 Character. AI employees, representing a majority of its workforce. Their estimated annual compensation totals […]
OpenAI chief executive Sam Altman expects the company to demonstrate a humanoid robot in 2027, confirming an expansion into machines that could eventually compete with products developed by robotics businesses it previously supported. Altman outlined the timetable in a September interview, describing an impressive demonstration next year while cautioning that robots operating routinely in public spaces would take several more years. His remarks establish a development target […]
BANGKOK, THAILAND – Media OutReach Newswire – 19 October 2026 – Brazilian athlete Yasmin Yukare, representing Indonesia, and Malaysia’s Saddam Pittli were crowned the inaugural Red Bull Power Race International Champions in Bangkok, while Malaysia claimed the Nations’ Trophy. Yukare and Pittli secured their historic victories with winning times of 8:26 and 7:16, respectively, becoming the first international titleholders in the new competition.
The International Final in Bangkok rounded off a world premiere season that began in Kuala Lumpur and moved on to Yangon and Jakarta before reaching the Thai capital for the Thailand National Final on 17 October. The following day, the 12 fastest men and 12 fastest women representing each of the four countries competed in the International Final, with 96 athletes vying for the inaugural titles. Across the four national events held in 2026, Red Bull Power Race attracted participants from 33 different countries and territories, from Brazil to South Korea, highlighting its appeal well beyond the four host nations.
The competition delivered fiercely contested racing throughout the day, including a dramatic photo finish in the men’s semi-finals, where three athletes were separated by just four hundredths of a second.
Brazilian athlete Yasmin Yukare, representing Indonesia, was crowned the first women’s Red Bull Power Race International Champion after a commanding performance in Bangkok. Having set the pace throughout qualifying and the semi-finals, Yukare delivered her fastest time of the competition in the final, crossing the finish line in 8:26. Malaysia’s Hui Teng Tobee Yip claimed second place in 8:51, narrowly ahead of compatriot Natasha Nazamil, who completed the podium in 8:52.
Malaysia’s Saddam Pittli claimed the inaugural men’s Red Bull Power Race International Championship with a winning time of 7:16, producing his fastest performance of the day in the decisive race. Having finished second in the semi-final standings, Pittli found another level in the championship final, improving his time by more than 21 seconds to secure victory. Indonesia completed the podium, with Damar Prasetyo taking second place in 7:30 and Ghian Herdiyana third in 7:31.
Beyond the individual titles, athletes also competed for national pride in the Nations’ Trophy, earning points for the country they represented based on their finishing positions. Malaysia emerged victorious with the highest combined points total, claiming the inaugural trophy and rounding off a day of intense competition and friendly international rivalry.
Ms Supasita Kraisri, Chief Global Marketing Officer of TCP Group, said: “Red Bull Power Race brings our international sporting spirit to a new generation. Young adults across Asia are choosing more variety in the ways they exercise that fit around busy modern lives, and this format speaks directly to that. Beyond the competition, it’s also about bringing people together, building communities and creating shared experiences through sport. We want to inspire young adults to pursue their own goals and strengthen Red Bull’s connection with their active lifestyles.”
Billed as “The Fastest Race, The Greatest Rush”, Red Bull Power Race is built around familiar bodyweight exercises in a short high-intensity format that requires no specialist exercise equipment. That makes it accessible to anyone with the determination to take it on. Athletes complete four 400m runs separated by three stations of push-ups, sit-ups and squats, with men performing 40 repetitions at each station and women 30.
Yasmin Yukare said: “I still can’t believe I’ve won! The other women from Malaysia, Myanmar and Thailand were so strong, and I knew it wasn’t going to be easy. I just kept pushing and never gave up. The atmosphere was incredible, and hearing my friends cheering me on around the course gave me so much energy. Crossing that finish line was such a special moment. To anyone thinking about trying Red Bull Power Race, don’t be afraid to give it a go. The energy here is amazing, and you can do it!”
The short, high-intensity format leaves little margin for error, with success demanding more than just speed and strength. Athletes must balance explosive effort with smart pacing, knowing when to push and when to conserve energy. With every second counting, strategy and composure can make the difference between winning and losing.
Saddam Pittli said: “Representing Malaysia was my biggest motivation. Every lap, every station, I kept thinking about my country, and that pushed me to give everything I had. To become the first Red Bull Power Race International Champion makes me incredibly happy and proud. I really enjoyed the competition, and I hope my victory encourages more people to give it a try. Don’t be afraid to challenge yourself. Just come and experience it!”
Official Results: Red Bull Power Race International Final 2026
Women’s Individual Championship
Men’s Individual Championship
Nations’ Trophy Winner: Malaysia
For more information, visit redbullsport.com
Hashtag: #RedBullPowerRace2026 #TheFastestRaceTheGreatestRush
The issuer is solely responsible for the content of this announcement.
By Dr. Nilanjan Banik The Union Cabinet’s approval, on 14 October 2026, to sell the government’s and LIC’s combined 60.72% stake in IDBI Bank to a Fairfax Financial Holdings subsidiary for about ₹52,878 crore is more than another entry in India’s disinvestment ledger. At roughly $5.6 billion, it is the largest foreign investment yet in […]
The article IDBI Bank-Fairfax Deal Has Some Lessons For Modi Govt’s Disinvestment Strategy appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
