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By K Raveendran The steady erosion of trust between political parties and the Election Commission has become one of the more troubling developments in India’s democratic life, revealing an institutional drift that carries implications well beyond a single electoral cycle. The body entrusted with safeguarding the integrity of elections is expected to serve as an […]

The article An Election Commission That Treats Critics As Enemies Has No Place In Democracy appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Yacht Club Games faces a critical juncture as the forthcoming release of Mina the Hollower could determine whether the studio remains solvent. Co-founder Sean Velasco described the stakes plainly: “It’s make-or-break for sure.” The firm needs strong sales — preferably 500,000 copies, with 200,000 viewed as a minimum threshold — in order to guarantee future projects and preserve its independence. Development of Mina the Hollower has been […]

The government of Mozambique has committed to invest 12 million US dollars to rehabilitate technical and vocational education and training institutions countrywide, a move aimed at expanding capacity and better aligning training with labour market needs. The investment, slated to kick off in 2026, forms part of a broader reform supported by partner organisations. The Secretary of State for Technical and Vocational Education, Leo Jamal, announced the […]

Arabian Post Staff -Dubai Saudi Arabia approved its 2026 state budget, confirming total government expenditure at 1.31 trillion riyals and setting revenues at approximately 1.15 trillion riyals, signalling a planned deficit of 165 billion riyals—equivalent to 3.3 percent of gross domestic product. The projected spending level is only marginally lower than the 2025 outlay, reflecting a continued commitment to funding national priorities and long-term economic diversification. Forecasts […]

Abu Dhabi-headquartered Mubadala Energy and PLN Energi Primer Indonesia have formalised a Heads of Agreement to supply natural gas from the Andaman Sea, a step set to reshape Indonesia’s energy supply landscape. The arrangement centres on output from the Tangkulo gas field, located roughly 65 kilometres off North Sumatra, which is estimated to hold over two trillion cubic feet of gas-in-place. Under the pact, resources from Tangkulo […]

Iraq’s Oil Ministry has launched a formal process to invite a handful of major US oil companies to directly negotiate the takeover of the 75 percent stake in the West Qurna-2 oil field — currently held by Lukoil — following international sanctions imposed on the Russian company. The ministry’s announcement emphasises that transferring control to a US operator would support global market stability while preserving Iraq’s vital […]

Ghana’s central bank is preparing to implement a formal framework for non-interest banking, signalling the country’s first comprehensive move toward Islamic banking, capital markets and takaful insurance. Under the plan, conventional lenders will receive training in Sharia-compliant financial services to equip them to offer non-interest products. The shift reflects growing interest from banks and regulators in providing ethical, risk-sharing alternatives to conventional interest-based banking. The process is […]

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HONG KONG SAR – Media OutReach Newswire – 28 November 2025 – HONMA Golf Limited (“HONMA”; together with its subsidiaries, the “Group”; HKEx stock code: 6858), one of the world’s most prestigious golf brands, announces its consolidated interim results for the six months ended 30 September 2025 (the “Period”). Financial Highlights In the face of a slowing global economy, heightened policy uncertainty and intensified competition across the […]

FG Gold Limited has closed a US$330 million senior debt agreement with the Africa Finance Corporation and the African Export-Import Bank, unlocking financing for the development of the Baomahun Gold Project — set to become Sierra Leone’s first large-scale commercial gold mine. The facility was formalised during AFC’s investor forum in London, marking one of the most significant mining deals in the country’s history. The Baomahun project […]

Greenlogue/AP A consortium comprising ACWA Power, Badeel and Saudi Aramco Power Company has completed the financial close on seven large-scale renewable energy projects totalling 15 gigawatts. The agreements signed with Saudi Power Procurement Company cover five solar photovoltaic plants and two wind power farms to be built across several provinces, representing one of the largest investments under the Kingdom’s National Renewable Energy Programme. The portfolio of projects […]

Bahrain-based alternative investment firm Investcorp has agreed to sell its majority stake in the European fintech firm Shine to cloud-software group Cegid, marking the end of an eight-year partnership. The deal will be executed via Investcorp Technology Partners and comes nearly a decade after Investcorp first backed the Danish fintech, then known as Ageras. Financial terms remain undisclosed, and the sale awaits customary regulatory clearances.

Shine, headquartered in Copenhagen, operates across multiple European markets including France, the DACH region, the Netherlands and Denmark. The platform provides a broad suite of services for small and medium-sized businesses — covering business formation, digital banking, invoicing, accounting, and payroll. Under Investcorp’s stewardship, it expanded its reach and grew recurring revenues more than ten-fold, while completing nine acquisitions in its core regions.

Cegid — majority-owned by private equity firm Silver Lake — aims to integrate Shine into its Small Business division, positioning the combined entity as a pan-European “financial copilot” for SMEs and accountants. The merged platform is being designed to offer a unified, cloud-native, AI-driven ecosystem combining e-invoicing, accounting, business banking, payments, payroll, HR and tax compliance. The target user base across Europe is estimated at over one million SMBs and 15,000 accounting professionals.

Reflecting on the sale, Investcorp’s Head of Technology Partners and Chairman of Shine, Gilbert Kamieniecky, said the firm is proud of having supported Shine’s evolution “from a start-up with only a few million in revenue into a European leader and unicorn.” Shine’s co-founders, Rico Andersen and Martin Hegelund, expressed optimism about the next phase under Cegid, emphasising their ambition to deliver more advanced, scalable financial infrastructure to businesses across Europe.

For Cegid, adding Shine strengthens its footprint across key European markets and significantly boosts its SMB customer base, offering opportunities to deploy embedded finance solutions and streamline compliance workflows ahead of evolving e-invoicing and digital reporting mandates across the continent. The integration of Shine’s scalable technology stack with Cegid’s existing cloud and AI infrastructure underscores a strategic bet on digital transformation in SME finance and accounting.

Arabian Post Staff -Dubai Alpha Dhabi Holding’s acquisition of an additional stake in NMDC Group has raised its total holding in the marine services and engineering firm to 76.68 per cent, consolidating its controlling position in one of the UAE’s largest dredging and EPC-contractors. The purchase involved 82.5 million shares — equivalent to 9.77 per cent of NMDC’s share capital — acquired from AD Ports Group at […]

Europe’s police-intelligence agency appears poised to appoint a senior Italian law-enforcement official as head of its financial-crime division, as the bloc intensifies efforts to track illicit flows across borders. The official, named by insiders as Giuseppe Lopez, would assume responsibility for coordinating investigations into money-laundering, fraud and cross-border financial crime — a move that signals a sharpening of Europe’s enforcement stance. Lopez is described as a veteran […]

Organisers DMCC and Bybit have selected five winning projects from their global Web3 Unleashed #3 hackathon, granting a total prize pool of US$140,000 to the top teams. The live finale took place at S/O Uptown Dubai where finalists pitched across six tracks — DeFi, Web3 Gaming, SocialFi, Infrastructure, Tokenisation, as well as two new areas, DeFAI and DeSci.

More than 90 teams applied from around the world and ten were chosen to present before a panel of industry experts and investors. Judges assessed the entries on technical execution, innovation, business potential and real-world impact. The five winners were Yumi Finance, Glint Analytics, Sorachain AI, Aurayale and Spout Finance.

Ahmed Bin Sulayem, Executive Chairman and CEO of DMCC, said the Web3 Unleashed programme has evolved from a regional initiative into a global benchmark for Web3 innovation, and adding new tracks this year reflects organisers’ commitment to technological evolution and decentralised transformation.

Helen Liu, Co-CEO of Bybit, noted the growing technical depth and global calibre of hackers joining the competition. She underscored that despite volatility in crypto markets — with major tokens facing pullbacks — the exchange remains committed to backing builders working on utility-driven Web3 solutions.

Support for the hackathon came from partners including DWF Labs, Hacken, CV Labs, Blockchain for Good Alliance, Verse8, CROSS and Cointelegraph, which contributed mentorship, technical guidance and exposure to participating teams.

The hackathon’s broadened scope this year, especially with DeFAI and DeSci categories, highlights widening interest in merging blockchain with artificial intelligence and decentralised scientific research — areas gaining traction among developers worldwide. The winners’ projects are expected to benefit from access to mentors, potential backing from investors and integration into DMCC’s expanding Web3 ecosystem.

Stakeholders consider the outcome indicative of a maturing Web3 landscape in Dubai and beyond, where decentralised technologies are increasingly judged on real-world utility, technical robustness, and cross-sector applicability.

By Nitya Chakraborty 2025 has been a golden year for the Chinese President Xi Jinping in global diplomacy. In the last ten months since taking over the U.S. presidency by Donald Trump on January 20 this year for the second non-consecutive term, Chinese supremo Xi Jinping is on the roll. At the Busan summit in […]

The article How President Xi Jinping Has Emerged Taller In Global Diplomacy In 2025 During Trump.2 Tenure appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Banks and insurers across South Africa are being confronted with a shifting regulatory landscape as the Financial Sector Conduct Authority and the South African Reserve Bank, through its Prudential Authority, move to formalise oversight of artificial intelligence across the financial sector. Their inaugural report on the topic reveals a growing, though still tentative, embrace of AI — and flags significant risks around data governance, transparency, and systemic […]

Abu Dhabi’s Modon Holding has taken a strategic equity stake in Wellington Lifestyle Partners, signalling its first foray into a high-end equestrian and real estate development project in the United States. The investment is slated to support the expansion of Wellington International showgrounds in Florida and underpin an ambitious ultra-luxury development that blends horse sport, upscale residences, hospitality and leisure amenities. The funding will go toward completing […]

GFH Partners, the real-estate investment arm of GFH Financial Group headquartered in Dubai, has secured a majority stake in Devmark Real Estate Brokers, a UAE-based consultancy specialising in real-estate development sales and marketing. The acquisition marks a strategic step by GFH to deepen its presence in the Gulf’s residential real-estate ecosystem. GFH did not reveal the financial terms or size of the stake acquired. Devmark, established in […]

Arabian Post Staff -Dubai Crown Prince Mohammed bin Salman arrived in Washington to meet U. S. President Donald Trump with a sweeping agenda spanning defence, technology and economic cooperation — signalling a clear recalibration of Saudi Arabia–United States relations. The meeting resulted in high-stakes commitments including a pledge of up to $1 trillion in Saudi investments and approval for advanced defence hardware, underscoring the kingdom’s ambition to […]

Record Turnout Signals City’s Rise as Asia’s Trading Card Hub Event Backed by Virtual Asset Venture MemeStrategy, Entertainment Platform 9GAG HONG KONG SAR – Media OutReach Newswire – 25 November 2025 – In a city long synonymous with skyscrapers and stock tickers, an unlikely subculture is staking its claim: trading cards. The just-concluded Grade10 Festival, drawing a record 23,000 attendees to Hong Kong’s bustling convention hall in […]

Youths recognise the need for crucial soft skills to succeed in the future workforce At the Gen2050 Youth Action Forum, the 3P (public, private, people) sectors bring together their expertise to provide mentorship and uplift youths in realising their aspirations SINGAPORE – Media OutReach Newswire – 25 Nov 2025 – At the Gen2050 Youth Action Forum, KPMG, the National Youth Council (NYC), and the Institute of Public […]

Arabian Post Staff -Dubai Saudi Arabian Oil Company has entered preliminary talks to sell stakes in key export and storage terminals and possibly parts of its real-estate portfolio, aiming to raise over US$10 billion in what may become its most substantial disposals to date. The oil giant has invited banks to pitch feasibility studies and is weighing financing options that include equity raises or structures resembling the […]

Abu Dhabi-listed NMDC Energy has launched a full branch in Taiwan and a commercial office in Shanghai, marking a strategic move into the Asia-Pacific region to support its project pipeline and strengthen supply-chain relationships. The company also sealed a memorandum of understanding with CITIC Steel, one of China’s largest steel producers, signalling a concerted effort to lock in reliable sourcing for its energy-services operations. NMDC Energy’s decision […]

Leaders of India and South Africa affirmed a joint commitment to amplify the resonance of the Global South during a bilateral meeting on the margins of the G20 summit in Johannesburg. India’s Prime Minister met South African President Cyril Ramaphosa to review an expanding partnership that now encompasses trade, digital infrastructure and critical-minerals cooperation.

The leaders emphasised the historical foundation of bilateral ties, tracing back to shared anti-colonial struggles and longstanding people-to-people links. They identified emerging sectors of collaboration, including artificial intelligence and digital public platforms, as well as enhanced investment flows across innovation, infrastructure and mining sectors.

India expressed gratitude to South Africa for its role in relocating cheetahs to India and extended an invitation for South Africa to join the International Big Cat Alliance. At the G20 held in Johannesburg, which is the first summit of its kind hosted on African soil, South Africa has sought to spotlight issues of development, sustainability and Global South equity.

The two countries signalled their readiness to facilitate mutual investments, noting the growing footprint of Indian firms in South Africa and a shared interest in deepening bilateral ties in mining, start-ups, technology and infrastructure. They agreed to enhance support frameworks for these sectors.

In the domain of digital transformation, the meeting explored ways in which India’s Digital Public Infrastructure experience could be shared with South Africa, with the leaders discussing a roadmap for cooperation in those digital arenas that support transparency, inclusion and scalability.

On critical minerals—the backbone of technologies from electric vehicles to renewable energy systems—the dialogue underscored the strategic convergence of India’s growth ambitions and South Africa’s resource endowment. Both governments emphasised sustainable extraction, value-chain development and mutual investment as priorities.

The meeting also took place against the backdrop of global institutional reform debates, where developing countries increasingly seek to adjust frameworks such as the IMF and development banks. South Africa, as serving G20 chair, has framed its presidency around the themes of solidarity, equality and sustainability, particularly as representative of countries in the Global South.

While the two leaders concentrated on bilateral priorities, they also discussed multilateral coordination and collective platforms. They welcomed South Africa’s initiative to convene the IBSA leaders meeting and affirmed cooperation ahead of India’s upcoming chairship of BRICS in 2026.

Observers note that India–South Africa ties have evolved from traditional trade and diplomacy to a more strategic convergence around technology, investment, and global governance. According to experts, this shift reflects the changing priorities of middle powers in a multipolar world, where alignment on development and technological sovereignty is rising.

However, there remain practical challenges. For South Africa, translating resource-rich endowments into sustainable, inclusive growth has long been a domestic policy hurdle. For India, ensuring that digital partnerships respect both sovereignty and local capacity presents implementation risks. Critics argue that while high-level pledges are valuable, they must be matched by concrete mechanisms, regulatory clarity and project-level follow-through.

In trade terms, the two countries’ discussions come at a time when global supply-chain realignments and technology competition are raising the stakes for investment in emerging markets. Indian companies entering South Africa will need to navigate regulatory complexity, local participation requirements and the country’s infrastructure bottlenecks. South Africa, for its part, will have to ensure that its mining and start-up ecosystem attract and retain investment while meeting environmental and community benchmarks.

The diplomatic messaging also signals a broader orientation for both nations. India’s engagement with Africa has increasingly focused on capacity-building and infrastructure, while South Africa has positioned itself as a voice for Africa in global forums. Their joint push to amplify the Global South suggests an intention to influence agendas around debt relief, climate finance, digital equity and reform of global institutions.

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