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HAIKOU, CHINA – Media OutReach Newswire – 15 April 2025 – ​The fifth China International Consumer Products Expo (CICPE), held on the tropical island province of Hainan, has reaffirmed the country’s position as a vital marketplace for global enterprises. The high-tech exhibits and beachside fashion shows at the 5th CICPE. This year’s expo has drawn record participation from over 4,100 brands across 71 countries and regions, reflecting […]

HANOI, VIETNAM – Media OutReach Neswire – 14 April 2025 – Together with world-renowned scientists including Prof. Joel F. Habener, Prof. Jens Juul Holst and Assoc. Prof. Svetlana Mojsov, Prof. Daniel Drucker at the University of Toronto and the Lunenfeld-Tanenbaum Research Institute, has discovered the role of glucagon-like peptide-1 (GLP-1), leading to life-changing therapies for people with diabetes and obesity while stimulating emerging applications for neurodegenerative diseases. […]

Hong Kong Students Pave the Future for Various Industries with AI After an 8-month innovation journey, with the record-breaking number of participating teams tripled compared to last year, the University of Hong Kong, Queen Elizabeth School Old Students’ Association Tong Kwok Wah Secondary School, and Tai Po Old Market Public School have been crowned champions, while Diocesan Girls’ School received the award for Most Active Participating School […]

Hypertec Cloud has merged with 5C Data Centres in a move set to revolutionise the AI infrastructure landscape. The newly formed entity, 5C Group, combines both companies’ strengths, solidifying their presence in the rapidly expanding AI market. With a commitment to delivering state-of-the-art data centres and cloud services, the merger is poised to address growing demands in sectors such as artificial intelligence, cloud computing, and data processing. […]

10+ conceptual inventions from student teams of primary and secondary schools in Hong Kong were exhibited for the first time at the top international exhibition HONG KONG SAR – Media OutReach Newswire – 13 April 2025 – The Hong Kong Innovation and Invention(HKII), a project organised by the Hong Kong Exporters’ Association (HKEA), presented over 60 innovations by around 30 local innovation and technology companies and student […]

Empowering Enterprises in Global Expansion and Reinforcing Hong Kong’s Position as an International Innovation and Technology Hub HONG KONG SAR – Media OutReach Newswire – 11 April 2025 – The Hong Kong Productivity Council (HKPC) officially launched “The Cradle – Going Global Service Centre” (The Cradle) today, supported by the Zhongguancun Beijing-Hong Kong-Macao Youth Innovation Centre, the National Innovation Centre par Excellence (NICE), and the Greater Bay […]

New industry survey reveals that 80% of respondents confirm venture capital firms in Dubai are actively seeking AI-driven startups, reinforcing the city’s position as a global hub for AI investment and technological innovation. The findings are part of the newly released Practical Guide to Dubai’s AI Ecosystem 2025, developed by Duamentes Global Alliance in collaboration with Dubai Silicon Oasis (DSO). The guide provides key insights into investment trends, AI adoption, […]

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HONG KONG SAR – Media OutReach Newswire – 11 April 2025 – As a low-carbon energy source with significant development potential, hydrogen energy is recognised as a vital component of future national energy strategies. To address the increasing industry demand for hydrogen energy applications, the Technological and Higher Education Institute of Hong Kong (THEi) is actively advancing the development of the hydrogen energy sector. Funded by the […]

First Abu Dhabi Bank PJSC , the largest lender in the United Arab Emirates by assets, is undergoing another wave of executive departures as it implements a significant internal restructuring aimed at reinforcing its regional dominance and enhancing shareholder value. Chief Credit Officer Neil Barrable is stepping down less than a year after his appointment, citing personal reasons. Barrable joined FAB in June 2024 from HSBC Holdings […]

Sharjah has achieved a groundbreaking milestone in agricultural science by developing a wheat variety with a protein content of 19.3%, the highest recorded globally. This advancement positions the emirate at the forefront of sustainable food production and security.

The wheat, branded as “Saba Sanabel,” is cultivated at the Mleiha farm under the supervision of the Sharjah Department of Agriculture and Livestock . The farm employs organic farming techniques, eschewing chemical fertilisers and pesticides, and utilises desalinated water for irrigation. This approach not only enhances soil fertility but also contributes to the superior quality of the wheat produced.

Dr. Engineer Khalifa Al Tunaiji, Chairman of SDAL, attributes the exceptional protein content to the organic farming system and the use of desalinated water, which accelerates the transfer of dry matter from stems and leaves to grains. The wheat’s cultivation process has earned five quality and safety accreditation certifications, reflecting its adherence to stringent health and safety standards.

The initiative is part of a broader strategy to achieve self-sufficiency in wheat production within Sharjah. The emirate has launched a biotechnology laboratory dedicated to wheat hybridisation, featuring 550 different strains of non-GMO soft wheat. Researchers are working to develop new hybrids, such as “Sharjah 1,” which also boasts a high protein content of 19%, aiming to adapt to the UAE’s climate and reduce water usage by 30% through advanced irrigation tools.

The “Saba Sanabel” project, named after the Arabic term for seven spikes, plans to expand the cultivated area to 1,900 hectares, planting 285 tons of wheat seeds, and aiming to produce 15,200 tons of high-quality organic wheat. This production volume is intended to fulfill 100% of the emirate’s retail needs, thereby reducing reliance on imported wheat and enhancing food security.

The success of Sharjah’s wheat cultivation has been recognised by His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah. He emphasised the project’s role in integrating nourishment projects into the emirate’s food security strategy, ensuring the availability of high-quality agricultural and animal husbandry products.

HONG KONG SAR – Media OutReach Newswire – 11 April 2025 – Today, IX Asia Indexes announced the 2025 1st quarter review of ixCrypto Index Series. The constituent changes will be effective on 18th April 2025 (Friday) (“the effective date”). The results of the constituent review and exchange review are as follows: 1. Constituent Review – ixCrypto Index Series 1.1 ixCrypto Index (“IXCI”) The number of constituents […]

University students are increasingly integrating Anthropic’s AI assistant, Claude, into their academic routines to improve learning outcomes and streamline study processes. This trend reflects a broader movement toward the adoption of artificial intelligence in higher education. Anthropic has partnered with several educational institutions, including Northeastern University, to introduce Claude for Education. This initiative aims to responsibly integrate AI into academic settings by providing students with access to […]

Artificial intelligence is increasingly becoming a cornerstone in pharmaceutical research, with numerous companies leveraging advanced algorithms to expedite drug discovery and development. This transformative approach aims to reduce the time and cost traditionally associated with bringing new medications to market. Exscientia, headquartered in Oxford, UK, has been a pioneer in integrating AI into small-molecule drug design. The company’s platform, Centaur Chemist, combines human expertise with AI to […]

BEIJING, CHINA – Media OutReach Newswire – 9 April 2025 – A scene even science fiction has yet to depict—humans and humanoid robots running side by side in a half-marathon — will become reality on ​April 13 in Beijing E-Town. Every spring, marathons sprout across China like bamboo shoots after rain. In Beijing, the world’s only “Dual Olympic City” and a global hub for science and innovation, […]

On average, Malaysian online sellers have adopted AI in only 26% of their business operations, significantly lower than the SEA average of 37%. Indonesia and Vietnam lead average AI adoption in eCommerce in Southeast Asia, followed by Singapore and Thailand. Lazada’s new playbook provides sellers with best practices, actionable insights and resources to help integrate AI into their operations. KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – […]

The PiEEG kit, an open-source Raspberry Pi shield, is revolutionizing access to neuroscience research by enabling users to measure electroencephalography , electromyography , and electrocardiography biosignals. Developed to democratize neuroscience, PiEEG offers an affordable and user-friendly platform for both researchers and hobbyists. Designed to be compatible with Raspberry Pi models 3, 4, and 5, PiEEG features eight channels for connecting wet or dry electrodes. It facilitates data […]

Meta Platforms has unveiled its latest suite of artificial intelligence models, Llama 4, introducing two variants: Llama 4 Scout and Llama 4 Maverick. These models are designed to process and integrate diverse data formats, including text, video, images, and audio, marking a significant advancement in multimodal AI systems. Llama 4 Scout is engineered for efficiency, capable of operating on a single Nvidia H100 GPU. This design choice […]

Beacon Red, a subsidiary of the EDGE Group specializing in national security solutions, has entered into a strategic Memorandum of Understanding with Presight AI, a leading provider of big data analytics powered by artificial intelligence. The agreement aims to explore synergies between Presight’s advanced AI and omni-analytics capabilities and Beacon Red’s mission-focused security solutions. The partnership was formalized during the LAAD Defence & Security 2025 exhibition at the Riocentro Exhibition and Convention Center in Rio de Janeiro, Brazil.

The collaboration between Beacon Red and Presight AI is set to leverage the strengths of both entities to develop innovative security solutions. Beacon Red has a track record of tackling complex national security challenges, offering advanced solutions in areas such as cyber defense and secure communications. Presight AI, on the other hand, has established itself as a key player in the AI and big data analytics sector, with partnerships aimed at revolutionizing crisis and disaster management through the integration of advanced data analytics and AI into emergency response systems.

This alliance is expected to focus on integrating Presight’s AI-driven analytics with Beacon Red’s security platforms to enhance situational awareness and decision-making processes in security operations. By combining Presight’s capabilities in processing and analyzing vast amounts of data with Beacon Red’s expertise in security solutions, the partnership aims to deliver comprehensive tools for threat detection and response.

The MoU signifies a commitment to joint research and development efforts, with the goal of creating solutions that address emerging security challenges. Both companies have previously demonstrated a commitment to innovation and collaboration in their respective fields. Presight AI has engaged in partnerships to enhance video analytics capabilities for smart city initiatives, while Beacon Red has been recognized for fostering a high-performance culture and developing cutting-edge security solutions.

The formalization of this partnership at LAAD Defence & Security 2025 underscores the importance of international collaboration in advancing security technologies. The exhibition serves as a platform for defense and security companies to showcase innovations and forge strategic alliances. The Beacon Red and Presight AI partnership exemplifies the trend of cross-sector collaborations aimed at leveraging technological advancements to address complex security issues globally.

As the security landscape continues to evolve with the advent of new technologies and emerging threats, collaborations such as this are poised to play a crucial role in developing solutions that are both effective and adaptable. The integration of AI and big data analytics into security operations offers the potential for more proactive and informed decision-making, ultimately contributing to enhanced security outcomes.

The partnership between Beacon Red and Presight AI reflects a strategic move to harness the power of artificial intelligence in the realm of national security. By combining their respective expertise, the two companies aim to develop solutions that not only address current security challenges but also anticipate and adapt to future threats. This collaboration is indicative of a broader industry trend where technology and security firms are joining forces to create integrated solutions that leverage the latest advancements in AI and data analytics.

While specific details of the joint initiatives have not been disclosed, the partnership is expected to focus on areas where AI can significantly enhance security operations, such as predictive analytics, real-time threat detection, and automated response mechanisms. By integrating AI into security platforms, the collaboration aims to provide security professionals with tools that offer deeper insights and more efficient processes, ultimately leading to more effective security measures.

The collaboration also aligns with broader efforts within the EDGE Group to expand its capabilities in electronic warfare and cyber technologies. The group’s focus on integrating advanced technologies into its portfolio reflects a commitment to staying at the forefront of the defense and security industry. By partnering with technology firms like Presight AI, EDGE entities such as Beacon Red are positioned to offer more sophisticated and comprehensive solutions to their clients.

In the context of global security, partnerships that bridge the gap between technology and defense are becoming increasingly important. The integration of AI into security operations offers the potential to transform how threats are detected and managed, enabling more proactive and adaptive responses. As such, collaborations like the one between Beacon Red and Presight AI are not only beneficial for the companies involved but also for the broader security landscape.

The formalization of this partnership at an international event like LAAD Defence & Security 2025 highlights the global nature of security challenges and the need for cross-border collaborations to address them effectively. By coming together, companies from different regions and sectors can combine their strengths to develop solutions that are more robust and versatile.

New global thought leadership series spotlighting the HKSTP I&T powerhouse, uniting its soft power of visionaries to rally the world to keep up with Hong Kong’s innovation HONG KONG SAR – Media OutReach Newswire – 7 April 2025 – HKSTP’s Keep Up global brand campaign has taken the world by storm, reaching over 19 million people across 240+ destinations worldwide since its launch in July 2024—a testament […]

Grade A office rents remained under pressure in Q1, while a tourist inflow recovery is yet to boost retail market confidence Smaller-sized residential units have been more sought-after following the relaxation of the maximum property value chargeable at a HK$100 stamp duty level as announced in the latest government budget speech, supporting first-hand residential sales. The total residential unit transaction number for Q1 climbed 24% y-o-y to […]

World’s Pioneering Drone Solution Achieving Millimetre-level Precision Setting a New Benchmark for Smart Sites in Hong Kong HONG KONG SAR – Media OutReach Newswire – 7 April 2025 – ​The Hong Kong Productivity Council (HKPC), the Civil Engineering and Development Department, and the Hyder-Meinhardt Joint Venture have co-developed the “Autonomous Air-ground Cooperative Tunnel Inspector” in the Trunk Road T2 and Cha Kwo Ling Tunnel project. This system […]

Goldman Sachs has increased the probability of a United States recession in the next 12 months to 45%, aligning with a wave of revised risk assessments by major investment banks as escalating trade tensions and tighter financial conditions unsettle global markets. The adjustment from Goldman’s previous estimate of 35% reflects the firm’s assessment that a sharp tightening in financial conditions and heightened policy uncertainty will significantly hinder […]

The United Arab Emirates Ministry of Finance has introduced Cabinet Decision No. 35 of 2025, outlining specific criteria under which non-resident juridical persons—entities not incorporated in the UAE—are considered to have a taxable presence, or ‘nexus’, in the country. This decision supersedes the earlier Cabinet Decision No. 56 of 2023 and provides clarity on the tax obligations of foreign investors, particularly those involved with Qualifying Investment Funds and Real Estate Investment Trusts .

Under the new guidelines, non-resident juridical persons are deemed to have a nexus in the UAE if they earn income from immovable property located within the country. Immovable property encompasses land, buildings, and fixtures permanently attached to the land or structures. This definition aligns with international tax norms, ensuring that income derived from such properties is taxable in the jurisdiction where the property is situated.

The decision specifies that foreign entities investing in UAE real estate, whether directly or through vehicles like QIFs or REITs, will be subject to corporate tax on income generated from these investments. This taxation applies regardless of whether the property is held for business operations or as an investment asset. The income will be taxed on a net basis, permitting the deduction of relevant expenditures that comply with the conditions set out in the Corporate Tax Law.

Younis Haji Al Khoori, Undersecretary of the Ministry of Finance, emphasized that this approach is consistent with international best practices, which stipulate that income derived from immovable property is taxable in the country where the property is located. He noted that the UAE’s Corporate Tax Law incorporates features that honor international taxation principles and ensures neutrality between domestic and foreign companies earning income from immovable property in the UAE.

The introduction of these guidelines is part of the UAE’s broader efforts to establish a fair and transparent tax system that aligns with global standards. In December 2024, the UAE announced plans to implement a 15% minimum top-up tax on large multinational companies starting January 2025, in accordance with the Organisation for Economic Co-operation and Development’s global minimum corporate tax agreement. This tax targets companies with consolidated global revenues of €750 million or more in at least two of the four financial years preceding its implementation.

The Ministry of Finance is considering the introduction of corporate tax incentives to promote research and development activities and high-value employment within the country. The proposed R&D tax incentive, expected to take effect for tax periods starting on or after January 1, 2026, would offer a refundable tax credit ranging from 30% to 50%, depending on the size of the company’s operations and revenue. Similarly, a refundable tax credit for high-value employment activities is under consideration, potentially applicable from January 1, 2025.

The UAE’s commitment to aligning its tax policies with international standards reflects its dedication to fostering a competitive and transparent business environment. By clarifying the tax obligations of non-resident investors and introducing measures to prevent tax avoidance, the UAE aims to enhance its economic competitiveness and attract sustainable investments.

Arabian Post Staff -Dubai The United States has imposed a series of tariffs on countries within the Middle East and North Africa region, aiming to address what the administration describes as long-standing unfair trade practices. While these measures are poised to affect various sectors, exemptions granted to oil exports are expected to mitigate the overall economic impact on the region’s leading exporters. Gulf Cooperation Council countries—including Saudi […]

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