Cybersecurity teams are tracking a stealthy espionage-style malware operation that uses GitHub Releases to hide a Python-based infostealer behind humanitarian-themed phishing material aimed at Russian-speaking targets. The campaign, tracked as Operation HumanitarianBait, begins with phishing emails carrying a RAR archive that contains a malicious Windows shortcut file. The lure presents itself as a Russian-language humanitarian aid request or application form, exploiting a sensitive social context while keeping […]
Washington has widened the corporate stakes around President Donald Trump’s China visit by inviting Elon Musk and Apple chief executive Tim Cook to join a business delegation accompanying him to Beijing for talks with President Xi Jinping. The trip, scheduled around high-level meetings on May 14 and 15, is being shaped as a test of whether the world’s two largest economies can stabilise a relationship strained by […]
Dubai has honoured more than 47 Al Safeer Congress Ambassadors for helping attract international and regional business events, reinforcing the emirate’s drive to turn knowledge exchange into a core pillar of economic growth. The annual gala, organised by Dubai Business Events, the city’s official convention bureau under the Dubai Department of Economy and Tourism, took place at The Lana, Dorchester Collection, Dubai. The ceremony recognised ambassadors whose […]
By Nitya Chakraborty The U.S. President Donald Trump begins his three-day visit to China on May 13 for his summit with the Chinese President Xi Jinping, the outcome of which has special significance for Trump in shaping his political future in the context of the midterm elections in November this year. Among both leaders, the […]
False ship positions have multiplied around the Strait of Hormuz, with vessels shown inland, clustered at impossible coordinates and moving at implausible speeds as electronic interference intensifies around one of the world’s most sensitive energy corridors. The disruption has emerged alongside renewed attacks and drone activity across the Gulf, sharpening concerns for crews, shipowners, insurers and energy buyers already dealing with curtailed traffic through the waterway. The […]
German and Spanish police have shut down a revived version of Crimenetwork, the German-speaking dark web marketplace that had re-emerged within days of its 2024 takedown, arresting a 35-year-old German citizen at his home in Mallorca under a European arrest warrant. The suspect, from the Recklinghausen district in North Rhine-Westphalia, is accused of building and administering a new technical infrastructure for Crimenetwork after the original platform was […]
Arabian Post Staff -Dubai Al-Futtaim Engineering has completed a major mechanical, electrical and plumbing package at Dubai Exhibition Centre, strengthening the venue’s readiness for larger global exhibitions at Expo City Dubai. The company, part of Al-Futtaim Contracting, delivered the MEP scope for the Dubai Exhibition Centre within a nine-month programme, taking the project from site access to final commissioning and operational readiness. The development has secured Building […]
Nairobi became the centre of a sharper debate over Africa’s economic future on Monday as the Africa Forward Summit 2026 opened with agriculture emerging as a test of whether new Africa-France partnerships can move beyond diplomacy into measurable gains for producers. Co-hosted by President William Ruto and President Emmanuel Macron, the two-day gathering brings heads of state, multilateral lenders, business leaders, innovators and civil society groups to […]
Porsche AG will shut down its e-bike drive-system subsidiary as part of a wider restructuring that underscores a sharper turn back towards its core sports-car business after weaker sales, tariff pressure and a costly recalibration of its electrification plans. The decision affects Porsche eBike Performance GmbH, the unit set up to develop high-performance electric bicycle drive systems for global markets, and forms part of a package that […]
Gold prices fell on Monday as President Donald Trump’s rejection of Iran’s latest peace proposal deepened concern that a prolonged squeeze on the Strait of Hormuz will keep energy costs elevated and complicate the fight against inflation. Spot gold dropped 0.8 per cent to $4,678.39 an ounce, while US gold futures for June delivery declined 0.9 per cent to $4,686.20. The fall came despite renewed geopolitical strain, […]
HONG KONG SAR – Media OutReach Newswire – 11 May 2026 – Invest Hong Kong (InvestHK) is set to broaden its strategic engagement with the African continent as Associate Director-General of Investment Promotion Ms Loretta Lee today (May 10) embarks on an eight-day visit to Johannesburg, South Africa, and Kigali, Rwanda. The mission aims to strengthen economic ties with African economies and promote Hong Kong as the premier springboard for African enterprises to tap into the Chinese Mainland and Asia-Pacific markets.
Ms Lee said, “Africa holds a strategic position in the Global South, representing a vital engine of growth in an era of global economic uncertainty. Interconnectivity is the key to unlocking this potential, and Hong Kong plays a strategic role in linking capital, talent, and innovation and technology between Africa, the Chinese Mainland, and international markets to drive high-quality, multilateral growth. As the Government’s arm for both inward investment and Chinese Mainland enterprises aiming to go global, InvestHK facilitates two-way investment through strategic market insights, extensive global access, targeted promotion and policy facilitation. ”
Ms Lee will visit Johannesburg from May 10 to 13 to meet with representatives from the local chambers, financial institutions, banks, fintech interests, and business and professional services sectors. Extending her mission to Kigali, Rwanda, from May 13, Ms Lee will represent InvestHK at the Africa CEO Forum to drive high-level exchanges with C-suite executives from the continent’s leading multinationals.
African enterprises establishing a presence in Hong Kong can benefit from a globally recognised common law system and Asia’s most competitive tax regime. Most recently, Hong Kong has further sharpened its competitive edge by announcing a halve in the profits tax to 8.25 per cent from the standard 16.5 per cent for qualifying physical commodity traders. By combining this fiscal incentive with the city’s status as the world’s pre-eminent offshore Renminbi hub, Hong Kong offers African commodities exporters a high-liquidity, efficient gateway to Asian markets.
In line with the advancement of the National 15th Five-Year Plan, Hong Kong is leveraging its status as a “super connector” and “super value-adder” to support national development. As China-Africa economic relations pivot towards high-value trade and investment, Hong Kong is uniquely positioned to accelerate two-way capital flows – spurring growth across finance, shipping, and innovation and technology.
Citing the South African national rugby team’s recent first-ever title at the Hong Kong Sevens, Ms Lee emphasised that such vibrant people-to-people connections are not merely symbolic, but serve as a meaningful foundation for driving bilateral economic connection. Hashtag: #InvestHK
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Iran has handed Washington its formal response to a US peace proposal, but the exchange has deepened uncertainty over whether a 10-week war can be halted before the Strait of Hormuz crisis inflicts wider damage on energy markets and regional security. The response was delivered through Pakistan, which has emerged as a key mediator between Tehran and Washington. Iran’s position centres on an immediate cessation of hostilities […]
More than 70 days of near-total internet disruption have left millions of Iranians cut off from work, customers, banking tools and relatives abroad, turning a state security measure into a nationwide economic emergency. The shutdown, imposed after a fresh phase of unrest and intensified following military escalation in late February, has become one of the longest and most sweeping digital blackouts recorded in a major economy. Connectivity […]
Germany’s airport operators have warned that a worsening aviation fuel squeeze could force airlines to cut services, push fares higher and leave millions of passengers facing disruption during the summer travel period. Ralph Beisel, chief executive of the German Airports Association, said the pressure on kerosene supplies and prices had become a significant risk for the country’s aviation network. The association has cautioned that smaller airports, thinner […]
Arabian Post Staff -Dubai UAE and Dutch officials have moved to deepen cooperation in energy, climate adaptation, water management and trade, using a visit by Abdulla Balalaa to the Kingdom of the Netherlands to align bilateral priorities ahead of the 2026 United Nations Water Conference in Abu Dhabi. Balalaa, UAE Assistant Minister of Foreign Affairs for Energy and Sustainability, held meetings with Dutch government officials responsible for […]
ForexCoupons. com has launched from London as a specialist coupon and discount-code platform aimed at forex, cryptocurrency, proprietary trading and wider retail trading users, entering a crowded online market where traders face rising costs, uneven transparency and tougher regulatory scrutiny. The website presents itself as a dedicated savings portal for traders seeking verified promotional codes on broker services, crypto exchanges, prop-firm evaluations, funded-account programmes, trading tools, signal […]
Ourlex has launched a digital-led skincare campaign with French brand One Paris, placing Sharjah at the centre of a wider push to connect premium beauty labels with consumers across the UAE and GCC. The UAE-based platform for premium skincare distribution said the campaign would run across Instagram and TikTok, combining influencer engagement, educational content and digital storytelling. The initiative is designed to introduce One Paris products to […]
Starknet is moving Bitcoin deeper into decentralised finance with strkBTC, a 1:1 Bitcoin-backed wrapper designed to let holders choose between public transfers and shielded transactions while keeping access to Starknet-based trading, lending, staking and collateral markets. The asset is due to go live on May 12, 2026, after governance approval for proposals defining the wrapper and making it eligible for staking on the network. strkBTC’s central pitch […]
Bitcoin’s April rally lifted the broader digital-asset market, with the Coinbase 50 Index advancing 11.05 per cent for the month as investors moved back into major tokens and higher-risk pockets such as memecoins. The rebound marked a sharp shift from the pressure seen earlier in 2026, though the market remains well below the speculative peaks that defined the previous cycle. COIN50, a benchmark tracking 50 of the […]
By Dr. Gyan Pathak With the publication of the final rules under the Code on Wages, 2019 and Industrial Relations Code, 2020 on Friday, May 8, 2026, the Union Government of India has fully operationalized them. Apart from these, the Union Ministry of Labour and Employment has also notified the Model Standing Orders, 2026, for […]
Dubai’s Emirates Group is preparing to reward eligible employees with a 20-week salary bonus after delivering its strongest financial performance, reinforcing the carrier’s position as one of the most profitable aviation businesses worldwide. The payout follows a 2025–26 fiscal year in which the Group posted profit before tax of Dh24.4 billion for the year ended March 31, 2026, a 7 per cent rise from the previous year. […]
Arabian Post Staff -Dubai DP World has launched an end-to-end cargo war risk insurance product for businesses moving goods through the Middle East, seeking to close coverage gaps that have widened as conflict risk, rerouting and port congestion reshape trade across the Arabian Gulf, Red Sea and connected inland corridors. The Dubai-based ports and logistics group said the policy would protect cargo across ocean or air transit, […]
Matein Khalid The last four years were a succession of black swans that could have easily derailed the bull market on Wall Street but did not though the short term corrections on Nasdaq were both savage in their intensity. These black swans include the Russian invasion of Ukraine, Powell’s U-turn from “inflation is transitory” to the swiftest, most brutal Fed interest rate tightening policy since Paul Volcker, […]
HONG KONG SAR – Media OutReach Newswire – 8 May 2026 – The Global Mediation Summit, the first international conference hosted by the International Organization for Mediation (IOMed) since its inauguration in Hong Kong last October, was held today (May 8) at the Hong Kong Convention and Exhibition Centre.
The event, with the Department of Justice (DoJ) and the Hong Kong International Legal Talents Training Academy as the key sponsors, gathered more than 400 leaders, policymakers and distinguished professionals from 48 countries and regions. They explored frontier topics such as cross-cultural international mediation, financial and investment dispute mediation, and the development of a global mediation ecosystem.
Speaking at the Summit, John Lee, Chief Executive of the Hong Kong Special Administrative Region (HKSAR), noted that Hong Kong has long supported mediation.
HKSAR’s Chief Executive, John Lee (first row, centre), attends the Global Mediation Summit today (May 8), joined by the Commissioner of the Ministry of Foreign Affairs of the People’s Republic of China in the HKSAR, Cui Jianchun (first row, second left); the Secretary for Justice, Paul Lam (first row, far right); the Secretary-General of the IOMed, Professor Teresa Cheng (first row, second right), along with other guests.
“Hong Kong is committed to becoming a global mediation capital. And we are well-positioned to do so,” Mr Lee said.
“Under ‘one country, two systems’, Hong Kong is a thriving hub for international finance, shipping and trade. We benefit from our country’s strong support and the opportunities it gives us, while maintaining extensive international connectivity as a world city.
“Hong Kong is the only common law jurisdiction in China, our country. And our legal professionals are internationally acknowledged for their professionalism and integrity. And now, as IOMed’s headquarters, Hong Kong is at the very heart of global dispute resolution and its promising future.”
Paul Lam, Secretary for Justice of the HKSAR, highlighted the HKSAR Government’s ongoing support for the IOMed in different ways.
“First, it will be responsible for the maintenance of the Headquarters. Second, the DoJ will continue to second Hong Kong legal professionals to the IOMed Secretariat. Since 2023, the DoJ has already seconded a total of four counsel to assist in the establishment of the IOMed. Third, the Government will actively promote the use of IOMed mediation by, among other things, taking the lead in procuring the inclusion of an IOMed mediation clause in suitable international agreements to which the HKSAR Government is a party,” Mr Lam said.
“Hong Kong is well recognised as a leading international legal and dispute resolution services centre. Indeed, one of the mandates stated in the National 15th Five-Year Plan is that Hong Kong shall strengthen its status in this respect.”
Since the IOMed’s inauguration, the number of signatory states has climbed from 37 to 41, while the number of contracting states has gone from eight to 13.
“IOMed is the first inter-governmental international organisation set up by a Convention to promote exclusively the use of mediation,” said Professor Teresa Cheng, Secretary-General of IOMed, in her welcome remarks at the summit. “It fills an institutional gap and brings forth mediation as a true viable alternative to resolving international disputes alongside litigation and arbitration.”
Professor Cheng shared two important developments of the IOMed.
First, a maritime dispute was successfully resolved through mediation administered by IOMed at its Hong Kong Headquarters in early May, just a few days ago. “The case marks an important milestone: it is the first international maritime dispute involving a charterparty chain referred to IOMed for mediation,” Professor Cheng said.
Second, aligning with Hong Kong’s goal to further develop the commodities market, and the intention to stipulate use of IOMed mediation in the related contracts and policy, the Secretariat of IOMed is working with the HKSAR Government and other stakeholders to explore the establishment of a dedicated special panel of mediators for commodities market disputes under the IOMed framework.
The Global Mediation Summit is the finale event of the Mediation Week 2026 held in Hong Kong under the theme of “Mediate First: An Attempt of Mediation, Harvests Abundant Harmony”, with a view to promoting mediation as a friendly way to amicably resolve disputes and conflicts, and to build a more harmonious community.
“Our commitment to mediation, locally and globally, is clear in the five-day Mediation Week programme that ends today with this Summit,” Mr Lee said. “Mediation Week events spotlighted disputes related to schools, sports, neighbourhoods and the elderly. The goal in each case was to apply mediation structure and skills to achieve peaceful and rational solutions to our problems.”
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