Arabian Post Staff -Dubai Al-Futtaim Motors has begun two safety recall campaigns covering 6,933 Lexus LX500 and LX600 sport utility vehicles in the UAE, addressing separate engine software and transmission defects in models built in Japan between 2021 and 2024. The larger programme is being conducted in coordination with the Ministry of Economy and Tourism and requires affected owners to have their vehicles inspected or reprogrammed without […]
Arabian Post Staff -Dubai Shipping through the Strait of Hormuz fell sharply at the start of the week, with only four commodity vessels recorded transiting the strategic waterway on Monday as attacks across the Middle East intensified. Preliminary ship-tracking data from Kpler showed the Monday total was down from 10 vessels on Sunday, extending a prolonged decline in commercial traffic through a passage that remains central to […]
Bob Mackie, the Emmy- and Tony-winning designer who transformed television and stage costuming with flamboyant creations for Cher, Carol Burnett, died on Monday in Palm Springs, California. He was 87. A representative for Mackie said he died of pneumonia at 10.40am on September 14. His team announced his death through his official social media account, saying he had spent his life fulfilling his ambition to be a […]
CoinEx has begun an orderly shutdown of its cryptocurrency exchange after nearly nine years, giving customers until December 22 to withdraw assets. The platform said new registrations and referral rewards would stop from September 15, while futures markets moved into reduce-only mode as the first stage of a phased wind-down. CoinEx attributed the decision to a prolonged downturn in digital-asset markets, contracting trading volumes and liquidity, and […]
Arabian Post Staff -Dubai Oil prices rose on Tuesday as renewed attacks on Saudi Arabia and the continued shutdown of the kingdom’s East-West pipeline kept traders focused on the risk of further disruption to Middle East crude supplies. Brent crude climbed $1.24 to $106.93 a barrel, while US West Texas Intermediate gained $1.29 to $102.65 in Asian trading. The move followed another wave of Houthi attacks on […]
The US Supreme Court has refused to let the Postal Service enforce new restrictions on mail-in ballots before the November midterm elections, leaving in place a lower-court order that bars the rules while legal challenges continue. The justices on Monday rejected the Trump administration’s emergency request to lift an injunction imposed by US District Judge Indira Talwani in Boston. The court said in an unsigned order that […]
POTSDAM, GERMANY – Newsaktuell – 15 September 2026 -The Friedrich Naumann Foundation for Freedom honors the Iranian people with its Freedom Prize 2026 on 7 November 2026 at St. Paul’s Church in Frankfurt. Reza Pahlavi will accept the award in a fiduciary capacity. Bijan Djir-Sarai, foreign policy spokesperson the Free Democratic Party (FDP), will deliver the laudatory address.
Since 2006, the Friedrich Naumann Foundation for Freedom has awarded the Freedom Prize every two years in recognition of outstanding commitment to the development of a liberal civil society, thereby contributing to strengthening values and goals of freedom around the world.
Steffen Saebisch, Chairman of the Board of the Friedrich Naumann Foundation for Freedom, comments: “The Friedrich Naumann Foundation for Freedom is deliberately awarding the Freedom Prize to the Iranian people rather than to an individual. We seek to honor the desire for freedom of the many hundreds of thousands of people who have risked their lives to overthrow the criminal mullah regime. We are pleased that Reza Pahlavi is accepting to receive the award in trust on behalf of the Iranian people until the day the prize can be presented to the freely elected representatives of Iran.”
The Friedrich Naumann Foundation for Freedom has asked Reza Pahlavi to receive the award in trust on behalf of the Iranian people, as he is the best-known personality of the Iranian opposition and is committed to the return to freedom and democracy in Iran. According to his own statements, he does not advocate one form of government over another, as long as it is democratic. He repeatedly emphasizes that the future political order of Iran must be decided by the Iranian people. According to many, he is currently also the most important political figure of identification for many Iranians (probably the majority) in Iran. In addition, Reza Pahlavi is committed to an end to Iranian-fueled conflicts in the Middle East, the normalization of Iran’s relations with its neighboring countries and, in particular, reconciliation with Israel.
The award goes to all those who stand up for their rights, for their own freedom and for a free and democratic society. It is dedicated in particular to those who lost their lives in the fight against a murderous regime and to those who were or are currently persecuted and imprisoned because of their commitment to freedom and democracy.
The award honors the courage of countless people who resist in their everyday lives: women who stand up for their right to self-determination; students who demand freedom of thought and learning; journalists who, despite intimidation and threats, stand up for press freedom; workers who fight for fair conditions and dignity; families who resist paternalism and the denial of individual choices in their conduct of life. Their strength lies not in individual actions, but in the perseverance of a society that refuses to be silenced.
For decades, the theocratic regime has ruled brutally and with great contempt for basic human rights. That is why it is all the more admirable that so many people in Iran are speaking out in various ways against the regime and in support of their freedom and fundamental rights, taking to the streets to make their voices heard. These extraordinarily courageous people deserve the full support of everyone for whom freedom, self-determination and democracy are the highest ideals.
By conferring the Freedom Prize on the Iranian people, the Foundation is deliberately drawing attention to the many unnamed people whose civic courage often remains unseen, but who form the basis of any peaceful change. The Freedom Prize is an expression of respect and solidarity – and at the same time an appeal to the international community to consistently protect the rights of all Iranians and to support their demands for freedom effectively.
The Iranian people stand for the hope that an open society can also emerge where freedom is suppressed. Their commitment reminds us: freedom is indivisible – and it begins with people who have the courage to stand up.
That is why our Foundation is committed to honoring freedom-loving people in Iran. By conferring the Freedom Prize on the Iranian people, the Foundation is sending a clear message to the public: The struggle for freedom and democracy has the full support of all liberals.
The issuer is solely responsible for the content of this announcement.
President Donald Trump has rejected calls for tougher artificial intelligence safeguards, arguing that existing US powers are sufficient even as security specialists warn that faster AI systems are widening the attack surface for cryptocurrency platforms and decentralised finance. Trump said on September 14 that additional safeguards were unnecessary and dismissed warnings from technology executives about uncontrolled development. His position places the White House at odds with industry […]
Eight major US banking trade groups have urged Senate leaders to tighten the CLARITY Act’s restrictions on stablecoin rewards, warning that a new regulatory “circuit breaker” would take effect only after damaging deposit outflows had already occurred. The warning came in a joint letter sent on Monday to Senate Majority Leader John Thune and Democratic Leader Chuck Schumer ahead of a procedural vote scheduled for Tuesday, September […]
Swiss Bitcoin Pay has taken its servers offline after detecting what it described as likely unauthorised access to internal systems, while warning that customer contact, banking and transaction data may have been exposed. The Switzerland-based Bitcoin payments provider disclosed the incident on September 14 and said it was investigating the intrusion and securing its infrastructure before restoring service. It has not announced a date for reopening. Swiss […]
A skilled human attacker exploited a critical Marimo notebook flaw and moved from an exposed WebSocket session to authenticated access on an SSH bastion host in eight seconds, Sysdig’s Threat Research Team has documented. The operation centred on CVE-2026-39987, a pre-authentication remote code execution vulnerability affecting the Marimo Python notebook platform. Sysdig said the attacker used a hand-built Python toolkit rather than an AI agent, chaining initial […]
Cybersecurity stocks jumped on Wall Street on Monday as warnings over the pace and control of increasingly autonomous artificial intelligence systems drove investors away from semiconductor shares and towards companies expected to benefit from heavier spending on digital defence. CrowdStrike closed about 13.9% higher and Palo Alto Networks gained roughly 13.1%, placing both among the strongest performers in the S&P 500. Intraday gains approached 15% for CrowdStrike […]
Arabian Post Staff -Dubai Wall Street is preparing for the Federal Reserve to raise interest rates this week for the first time since July 2023, after another surge in oil prices and stubborn inflation pushed market expectations decisively towards tighter policy. Interest-rate futures on Monday assigned roughly a 90% probability to a quarter-point increase at the Federal Open Market Committee’s September 15-16 meeting. A move of 25 […]
Arabian Post Staff -Dubai Dubai International Financial Centre has confirmed the programme for the inaugural Dubai Future Finance Week, bringing more than 850 speakers to a five-day series of events across the emirate from November 2 to 6. The programme will comprise more than 85 high-level events, including 12 signature forums across 14 stages, and will focus on fintech, tokenisation, Islamic finance, family wealth, sustainable finance and […]
SINGAPORE – Media OutReach Newswire – 14 September 2026 – For decades, the marketing agency business model has rested on one assumption: producing campaigns is expensive, so clients must pay fixed monthly retainers regardless of results. Artificial intelligence is dismantling that assumption from two directions at once — cutting what it costs an agency to operate, while multiplying what a small team can produce.
The savings start in places clients never see. Administrative work that once consumed billable hours — invoicing and quotations, client reporting, campaign documentation, scheduling and follow-ups — can now run largely on AI systems, stripping overhead out of every account an agency manages.
The bigger shift is in production itself. In video, AI now handles the foundation of the edit — assembling rough cuts, syncing footage, generating captions and preparing ad-ready variations — before a human editor applies the judgment, pacing and finishing that machines can’t. What once took an editor days takes hours. The same applies to design and ad creatives. The result: a small team’s production capacity multiplies while its cost per campaign falls.
That double effect — lower cost, higher capacity — changes what an agency can afford to offer. When servicing an account no longer carries heavy fixed costs, those economics can be passed on to the customer: instead of a large retainer that pays for activity, the agency can charge a minimal base fee and earn its real income as a share of the sales its campaigns generate.
Singapore agency touchmkt has built its business on this model, charging SME clients a low base retainer that roughly covers production, then earning 5–9% of the revenue attributed to its campaigns — tracked through conversion tools that tie each sale back to the ads that produced it.
“The economics simply didn’t work before,” said Charlie Tan, founder of touchmkt. “If every account carries thousands of dollars in production and admin costs, you have to charge for it whether the campaigns perform or not. When AI takes out the cost and multiplies the output, you can afford to be paid on outcomes. For the first time, the agency’s goals and the client’s goals are actually aligned — we only do well when they sell.”
The model does demand discipline: rigorous attribution, and the agency absorbing the risk of campaigns that underperform. But for small businesses long wary of paying retainers for activity rather than results, the direction is clear — AI hasn’t just changed how marketing is made; it’s beginning to change how it’s paid for.
Hashtag: #touchmkt #MarketingAgency #AI #Singapore #SME #DigitalMarketing
https://www.touchmkt.com
https://www.facebook.com/people/touchmktai/61589325994905/#
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The issuer is solely responsible for the content of this announcement.
By R Suryamurthy The 2026 New Delhi Declaration arrives at a revealing moment for BRICS: two decades after the grouping emerged as a shorthand for the rising economic weight of the Global South, it is no longer merely demanding a larger seat at the table of global governance, but is beginning to construct the institutional […]
The article BRICS is not building a new order, but a hedge against the old one appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
HAMILTON, BERMUDA – Media OutReach Newswire – 14 September 2026 – Verdant Rock Limited (“Verdant Rock”), a Bermuda‑based Class 3B insurer and financial guarantor focusing on emerging markets, has closed a 30% quota share reinsurance treaty with a panel of leading global reinsurers. The panel carries an average financial strength rating of A+ from either AM Best or S&P, marking a significant milestone for the company less than a year after receiving its Class 3B insurance license from the Bermuda Monetary Authority.
The treaty supports Verdant Rock’s portfolio of irrevocable, unconditional and on-demand financial guarantees on private corporate, structured and project finance exposures across emerging markets. By sharing 30% of risk with highly rated capacity providers, Verdant Rock further strengthens its balance sheet, diversifies its capital base and enhances scalability for future growth.
“Securing a reinsurance panel of this caliber, rated A+ on average, at this stage of our development is a strong validation of our underwriting framework and our approach to governance. Every guarantee Verdant Rock issues now carries an additional layer of security from counterparties that have spent time understanding and believing in what we are building. We are grateful to each panel member for their confidence in us.” — Tolga Uzuner, Co-Founder, Chief Executive Officer, Verdant Rock Limited
Hashtag: #VerdantRock
The issuer is solely responsible for the content of this announcement.
Verdant Rock Limited is a Bermuda‑based insurance company regulated by the Bermuda Monetary Authority as a Class 3B Insurer. The company currently holds a BBB+ Long‑Term Insurer Financial Strength Rating with a Stable Outlook from Fitch Ratings. It provides Basel and ICS-family Solvency regimes compliant, investment‑grade financial guarantees on private credit exposures in emerging markets, designed to qualify as eligible credit protection under Basel and major insurance solvency regimes for banks, insurers and institutional investors globally. The company focuses on private liabilities and does not cover sovereigns, municipalities or provinces. Its remit covers bonds and loans issued by emerging market corporations and banks, structured financings, asset-backed (ABS) and mortgage-backed (MBS) exposures in securities or loan format, and project finance.
Arabian Post Staff -Dubai Ras Al Khaimah has retained its A/A-1 sovereign credit rating from S&P Global with a stable outlook for 2026, with the agency citing prudent fiscal management, strong buffers and broad economic stability over the next two to three years. S&P said the emirate’s fiscal position should remain resilient despite geopolitical uncertainty, supported by conservative budgeting, low debt and the government’s ability to adjust […]
Chevron’s Australia president expects liquefied natural gas prices to remain elevated for about six months as war-driven disruption to Middle East supply keeps the global market tight. Balaji Krishnamurthy, who leads Chevron’s Australian operations, said at the Gastech conference in Bangkok on Monday that higher prices were likely to persist while the market adjusts to reduced Qatari exports and constrained shipping through the Strait of Hormuz. He […]
Calls by leading artificial intelligence executives to slow development of advanced models pressured Asian semiconductor shares on Monday, but investors and strategists said robust spending on computing infrastructure was likely to keep the longer-term AI investment cycle intact. Samsung Electronics fell as much as 4.1% in early trading, while South Korea’s SK Hynix dropped 5.8%. Japan’s Advantest declined 4.7% and Kioxia Holdings slid 9.3% as markets assessed […]
Artificial intelligence leaders are facing mounting resistance from investors and President Donald Trump after calls by Anthropic and OpenAI to slow the advance of frontier models triggered sharp losses in technology shares and exposed a widening dispute over how quickly the industry should proceed. Anthropic chief executive Dario Amodei has urged leading developers to reduce the pace at which they improve model capabilities, arguing that safety systems […]
Bitcoin faces renewed downside warnings after Bloomberg Intelligence senior commodity strategist Mike McGlone argued that a stock-market correction and tighter US monetary policy could drive the cryptocurrency sharply lower, potentially towards $10,000. McGlone’s latest bearish case centres on Bitcoin’s failure to establish a sustained break above $80,000, its increasing sensitivity to equities and the prospect that higher interest rates could pressure speculative assets. Bitcoin was trading near […]
Some local branches of the State Administration of Foreign Exchange have urged lenders to encourage businesses to increase hedging, extending a campaign that has pushed corporate derivatives use to record levels. The guidance targets companies with sizeable foreign-currency receipts or payments as the yuan trades near three-year highs.
The push reflects Beijing’s preference for companies to manage exchange-rate risk through forwards, swaps and options. SAFE has repeatedly promoted what it calls an exchange-rate risk-neutral approach, arguing that companies should focus on their underlying business and use hedging tools to reduce the effect of currency movements on earnings.
Corporate hedging has risen sharply this year. SAFE said enterprises used foreign-exchange derivatives covering 35.3 per cent of their currency transactions in the first half of 2026, up 5.3 percentage points from the full-year level in 2025. The contracted value of derivatives used for exchange-rate risk management reached nearly $1.4 trillion, an increase of about 40 per cent from a year earlier.
The regulator has also broadened access to hedging services. About 130 major domestic and foreign-funded banks can provide foreign-exchange derivatives to companies, while a SAFE database shared with lenders covers about 290,000 foreign-trade enterprises. Authorities have encouraged banks to expand online dealing channels and improve credit and margin arrangements for smaller businesses.
The effort also seeks more balanced corporate behaviour. The latest local instructions add to earlier informal guidance from the central bank and SAFE asking some lenders to lift corporate hedging ratios. Such measures are part of a wider effort to prevent companies from building large unprotected positions after periods when many exporters assumed the yuan would remain weak or move gradually.
That behaviour became more costly as the currency strengthened. The yuan has appreciated this year against the dollar and was trading near a three-and-a-half-year high last week, while global currency markets have been unsettled by changing interest-rate expectations, higher energy prices and geopolitical tensions. Exporters receiving dollars can suffer valuation losses when the yuan rises unless they hedge future receipts.
Beijing has simultaneously tried to avoid an excessive or disorderly rise in the currency. The People’s Bank of China removed a 20 per cent foreign-exchange risk reserve requirement on forward dollar purchases from March 2, lowering the cost of buying dollars forward after a strong yuan rally. The move gave companies and banks more flexibility while signalling that policymakers wanted to discourage one-sided appreciation expectations.
SAFE data show that China’s foreign-exchange market remains supported by large trade and capital flows. Banks recorded a $271.2 billion surplus in foreign-exchange settlement and sales in the first half. The regulator said the ratio measuring companies’ willingness to convert foreign-currency earnings into yuan stood at 65 per cent, while the ratio reflecting demand to purchase foreign currency was 61 per cent.
Foreign-exchange reserves rose to $3.438 trillion at the end of August from $3.419 trillion a month earlier. The yuan gained 0.49 per cent against the dollar during August, while the dollar weakened against a basket of major currencies, contributing to valuation changes in China’s reserve holdings.
Officials have stressed that greater hedging is intended to strengthen corporate resilience rather than direct the yuan toward a particular level. SAFE has said exchange rates are determined by market supply and demand and are difficult to predict, making risk management more important as two-way fluctuations become more common.
The regulator has reduced some transaction costs for smaller companies and encouraged financial institutions to simplify documentation for derivatives. Banks have been asked to use enterprise data to identify firms with foreign-currency exposure and offer products suited to their cash flows rather than promote speculative positions.
Arabian Post Staff -Dubai QNB Group, working with Mastercard, has issued what it describes as Syria’s first internationally accepted payment card, extending the country’s return to cross-border card services after years of isolation from global payment networks. The new card is intended to allow eligible customers in Syria to make payments locally and abroad wherever Mastercard is accepted, subject to applicable regulatory and compliance requirements. The launch […]
