Arabian Post Staff -Dubai Rosatom has agreed to form a logistics joint venture with DP World in a deal that would place Russia’s state nuclear corporation in majority control while bringing one of Dubai’s biggest global trade operators deeper into a strategically sensitive transport network centred on FESCO and Arctic shipping lanes. Under the proposed structure, Rosatom will hold 51% and DP World 49%, with Rosatom contributing […]
DeepSeek is investigating a prolonged disruption that knocked its chatbot offline for more than seven hours in China, in the most serious outage yet for the Hangzhou-based artificial intelligence company since its rise into the global mainstream. The company’s public status page showed web and app service problems began late on Sunday night, rolled into Monday morning, and were not fully marked resolved until 10:33 a. m. […]
Arabian Post Staff -Dubai Motorists in the UAE are likely to pay more for petrol and diesel in April after the Iran war sent crude prices sharply higher and intensified disruption across the Gulf’s main energy and shipping routes, raising the cost base that feeds into the country’s monthly fuel-price adjustment. April rates were due to be announced on March 31, and local pricing remains tied […]
Digital Realty has begun providing colocation infrastructure to Samsung Electronics at its ICN10 facility in Seoul, a deal that highlights how large corporate users in South Korea are seeking more resilient, high-density digital infrastructure as artificial intelligence, cloud services and mission-critical enterprise workloads put heavier demands on power, cooling and connectivity. The announcement was made on March 25 by Digital Realty, which said the arrangement would support Samsung Electronics’ enterprise IT operations from its Seoul site.
The ICN10 facility, located in Sangam-dong in Mapo-gu, has been operating since 2022 and is described by the company as South Korea’s first carrier-neutral data centre. Digital Realty says the building has a maximum IT load of 12 megawatts and around 132,000 square feet of space, with high-density power architecture, network connectivity and the resilience needed for large-scale computing environments. Those specifications matter because enterprise clients are no longer looking only for secure rack space; they increasingly want facilities that can handle denser compute loads without compromising uptime.
For Samsung Electronics, the move points to a practical shift in how even large technology groups manage parts of their own internal infrastructure. Rather than relying exclusively on self-operated facilities, major companies are turning to specialist operators for colocation capacity that can be scaled more quickly and managed to global standards. Digital Realty framed the arrangement as support for a large-scale customer environment in Korea, while emphasising stable, high-performance infrastructure for global enterprises. That wording suggests the deal is less about consumer-facing products and more about the backbone systems that keep a multinational company running across data-intensive operations.
The timing is notable because Seoul’s data-centre market is expanding while facing mounting strain over where future capacity can be built and how it will be powered. Cushman & Wakefield said the Greater Seoul Area reached 533 megawatts of capacity in the first half of 2025, with a further 715 megawatts in the development pipeline, alongside land secured for another 250 megawatts. Its later market update said the second half of 2025 saw double-digit year-on-year growth, while AI demand and tighter power-related rules were reshaping development patterns. That combination of growth and constraint is pushing operators and customers alike to value operational certainty.
South Korea’s broader technology push adds another layer to that demand story. Reuters reported this week that Seoul approved a 250 billion won investment in AI chip startup Rebellions, part of a wider effort to strengthen domestic semiconductor and advanced computing capabilities. Reuters also reported that SK Hynix is pursuing a US listing partly to fund major chipmaking investments tied to rising AI demand. Those moves sit outside the colocation market itself, but they reinforce the same structural point: processing power, data movement and digital infrastructure are becoming more strategically important across the economy.
Digital Realty’s position in Seoul also reflects a larger contest among global and regional operators seeking to capture Asia’s enterprise and cloud demand. Market research and adviser reports point to South Korea as one of the faster-growing data-centre markets in the region, driven by digital-first consumers, cloud adoption and increased enterprise modernisation. JLL’s 2026 outlook said the global data-centre sector could nearly double between 2025 and 2030, while other market estimates show South Korea’s colocation and broader data-centre segments expanding strongly through the decade. Forecasts from commercial research firms should be treated cautiously, but taken together with operator activity and land acquisition trends, they show why Seoul has become a closely watched infrastructure market.
The Samsung agreement may not be transformative in size on its own, yet it carries signalling value. When one of the country’s largest technology groups places enterprise workloads with an external colocation provider, it gives weight to the argument that carrier-neutral, high-density facilities are becoming integral to mainstream corporate IT strategy rather than serving only cloud giants and telecom operators. It also strengthens Digital Realty’s credentials in a market where network diversity, reliability and location all matter.
Questions remain over how quickly South Korea can add capacity in and around Seoul without worsening power bottlenecks or pushing new builds further from the capital’s main concentration of corporate demand. Legal and advisory analyses have pointed to the mismatch between the location of generation capacity and the heavy concentration of data centres around metropolitan Seoul. That tension is likely to shape the next phase of expansion, forcing operators to balance geography, power access and customer proximity more carefully than before.
Arabian Post Staff -Dubai Gold prices climbed sharply on Friday, reversing part of this week’s slide as investors stepped back into the market after bullion fell to a four-month low, while traders also watched for any sign that tensions in the Middle East might ease. Spot gold rose more than 3% at its intraday peak before trading about 2.6% higher at $4,491.78 an ounce by afternoon dealings […]
Blippo+ has arrived as one of the stranger releases to gain traction across independent gaming, presenting itself not as a conventional narrative title but as a faux television service from an alien world. Built around channel surfing, short-form live-action broadcasts and a deliberately warped retro aesthetic, the project has drawn attention for turning the language of late-20th-century television into an interactive spectacle that feels equal parts parody, […]
U. S. spot Bitcoin exchange-traded funds recorded their heaviest one-day net withdrawals in three weeks on Thursday, with investors pulling about $171.2 million as Bitcoin slid below the $70,000 mark and broader market nerves rose over the risk of a fresh flare-up in the conflict involving the United States, Israel and Iran. The outflow, based on market data compiled by SoSoValue and widely tracked across the crypto […]
Anthropic’s accidental exposure of internal material about an unreleased AI system dubbed Claude Mythos has jolted investors, sending cybersecurity shares sharply lower and adding to pressure across risk assets, while reviving a deeper debate over whether frontier AI is moving faster than the safeguards meant to contain it. The leaked material, first reported by Fortune on March 26 and 27, described Mythos as Anthropic’s most powerful model […]
Instagram is working on a feature that could let users watch Reels without a live internet connection, according to a leak from app researcher Alessandro Paluzzi that points to automatic downloads and offline playback controls inside the app. The feature has not been announced by Meta, and there is no public timeline for a wider test or launch. The leaked interface suggests Instagram is experimenting with a […]
Zimbabwe has turned a long-signalled restriction on second-hand clothing into formal law, tightening its effort to shield domestic manufacturers even as economists and traders warn that the move could squeeze low-income consumers and deepen pressure on an already fragile apparel market. The measure is now enforced under Statutory Instrument 59 of 2026, which bars the import of second-hand clothes unless an importer holds a government permit issued […]
African Development Bank Group is set to launch the 2026 edition of its Africa’s Macroeconomic Performance and Outlook report on 30 March at its headquarters in Abidjan, Côte d’Ivoire, placing the continent’s growth prospects, debt strains and inflation risks under fresh scrutiny at a time of heightened global uncertainty. The event is expected to draw policymakers, investors and development specialists looking for updated guidance on how African […]
Arabian Post Staff -Dubai Omniyat has moved to reassure investors that it has enough liquidity to meet its debt obligations after the Dubai ultra-luxury developer was placed on watch for a possible downgrade, arguing that its cash position and funding profile leave it well equipped to handle maturities without depending on a fresh burst of property sales or a quick return to calmer markets. The company said […]
Qatari billionaire Sheikh Hamad bin Jassim bin Jaber Al Thani has taken a stake in German robotics company Neura Robotics, adding Gulf capital to one of Europe’s biggest funding pushes in humanoid and cognitive machines. The investment places the former Qatari prime minister alongside Amazon in Neura’s latest financing, while corporate filings cited by Bloomberg show he became a shareholder through Prime Capital SA, a unit […]
Mubadala Energy has secured the Southwest Andaman exploration Production Sharing Contract in Indonesia, giving the Abu Dhabi-based company full control of a new offshore block that strengthens its growing position in one of Southeast Asia’s most closely watched gas frontiers. The contract was awarded under Indonesia’s Gross Split regime, under which the contractor bears all operating and capital costs, and the company will hold a 100 per […]
Arabian Post Staff -Dubai Abu Dhabi Commercial Bank has secured regulatory approval to establish a wholly owned subsidiary in Kazakhstan, opening the way for one of the UAE’s biggest lenders to deepen its footprint in Central Asia and broaden access to conventional and Islamic banking services in one of the region’s most closely watched financial markets. The approval was granted by Kazakhstan’s Agency for Regulation and Development […]
Reflection, an artificial intelligence startup supported by Nvidia, is seeking to raise $2.5 billion at a valuation of about $25 billion, positioning itself as a high-profile contender to China’s rapidly advancing open-source AI ecosystem led by DeepSeek. The fundraising effort, still under discussion with investors, underscores intensifying competition between proprietary AI models backed by large capital pools and open-source alternatives gaining traction across Asia and beyond. Reflection’s […]
Arabian Post Staff -Dubai Prices for one of Rolex’s most recognisable sports models have climbed sharply on the secondary market, as collectors position themselves ahead of a major annual watch industry showcase that often sets the tone for production shifts and new releases. The stainless steel Rolex GMT-Master II with its distinctive red-and-blue “Pepsi” bezel has seen renewed demand among traders and enthusiasts, with resale values edging […]
Arabian Post Staff -Dubai Mubadala Investment Company has agreed to sell its minority stake in liquid cooling specialist CoolIT Systems to Ecolab, in a transaction led by private equity firm KKR and valued at $4.75bn, marking a significant reshaping of ownership in a sector gaining momentum alongside artificial intelligence and data centre expansion. The Abu Dhabi sovereign investor confirmed that it had signed a definitive agreement, signalling […]
By Nitya Chakraborty U.S. President Donald Trump finally rescheduled his much awaited visit to China on May 14 and 15 by announcing in his Truth Social there by creating big interest in the diplomatic circles about the possibility of a sort of ceasefire in the current West Asian war before the scheduled trip to Beijing. […]
The article Trump-Xi Summit Rescheduled On May 14-15 In Beijing Worries Japan And Taiwan appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
A US jury has found Meta Platforms and Alphabet’s Google liable for contributing to a young woman’s compulsive use of social media, marking a significant legal shift in how courts may assess the responsibilities of technology companies for user behaviour. The case, brought by a 20-year-old plaintiff, argued that prolonged exposure to platforms such as Instagram and YouTube fostered addictive patterns that harmed her mental health and […]
Escalating conflict across key maritime corridors has exposed the Middle East’s dependence on imported food, with shipping disruptions forcing governments and logistics firms to reassess supply chains under mounting pressure. The warning comes from Vincent Clerc, chief executive of A. P. Moller-Maersk, who signalled that instability in the Gulf is tightening global shipping capacity and complicating the steady flow of essential commodities into the region. He described […]
Emaar Properties has approved a dividend payout of AED8.8 billion following a strong financial performance for 2025, signalling confidence in its cash flows and long-term growth strategy. The decision was endorsed at the company’s annual general meeting, where shareholders backed a distribution equivalent to 100 per cent of capital. The approval underscores Emaar’s position as one of the Gulf’s most profitable real estate developers, supported by sustained […]
It marks the start of a flurry of themed events at landmark venues across the city, including the acclaimed Art Basel Hong Kong (27-29 March) and Art Central (25-29 March).
Speaking at the opening ceremony of ComplexCon, Rosanna Law, Secretary for Culture, Sports and Tourism of the Hong Kong Special Administrative Region Government said, “We are celebrating Hong Kong’s unique status as the premier East-meets-West centre for international cultural exchange. Since its Hong Kong debut in 2024, made possible by the support of our Mega Arts and Cultural Events (Mega ACE) Fund, ComplexCon has established itself as a vibrant and hugely popular cultural event as you can see already, an event of a true blend of pop culture, music, art, and technology, and so much more.”
Attracting thousands of fans from near and far, the two-day programme included Complex Live! Stage, featuring a powerhouse line up headlined by global icons, together with a curated mix of regional hip-hop and R&B (rhythm and blues) pioneers. For collectors, the “Hong Kong Element” offered exclusive merchandise.
Two more world-class arts events are coming up this week, namely, Art Basel Hong Kong (27-29 March) and Art Central (25-29 March).
Art Basel Hong Kong returns to the Hong Kong Convention and Exhibition Centre with new sectors and fresh curatorial perspectives. Featuring 240 galleries from some 40 countries and territories, the fair presents artworks by established artists and emerging talents from around the world.
Highlight sectors include “Encounters”, showcasing 12 artworks of expansive sculptures and installations drawing on the Five Elements — space/ether, water, fire, wind and earth, while “Insights” features 20 projects focused on artists from Asia and the Asia-Pacific region. Among the newly added themes this year are “Echoes” – a brand new sector spotlighting works created within the past 5 years –, and “Zero 10” dedicated to art of the digital era.
Other returning sectors cover “Discoveries”, which is dedicated to solo presentations by emerging artists from 25 galleries and “Kabinett”, staging thematic presentations with a total of 35 projects, as well as public programmes offering free public access to “Film”, “Conversations” and “Exchange Circle”.
Hong Kong’s strength in global cultural connectivity is reflected in its position as a leading arts trading hub. “Later this month, we will finalise the details of our collaboration with Art Basel for the next five years. This is the result of sustained investment in our role as a global financial centre, cross-sectoral collaboration, and a shared commitment to make Hong Kong a place where the arts can truly flourish,” Law said.
There’s more for art enthusiasts to enjoy, with Art Central (25-29 March) lighting up the iconic Central Harbourfront, presenting works from over 100 galleries and 500 artists from Hong Kong, Asia, and beyond. The fair’s 11th edition sees the debut of Central Stage, spotlighting artists with recent, current, and upcoming participation in institutional exhibitions, biennials, and other landmark curatorial endeavours of international standing.
This trio of arts and cultural events is part of the wider Hong Kong Mega 8 – a legendary line-up of eight world-class events throughout March and April. Completing the line-up are the Hong Kong Derby and Champions Day (horse racing), UCI Track World Cup (cycling), Hong Kong Sevens (rugby) and LIV Golf Hong Kong.
“I am sure this exhilarating blend of sports, arts and culture will bring you many enjoyable moments and fond memories, infused with the city’s unique spirit and unstoppable momentum,” Law said.
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Bittensor’s TAO token has fallen towards the $270 mark as escalating tensions around the Strait of Hormuz ripple through global markets, prompting investors to rotate capital across digital assets and reassess risk exposure tied to artificial intelligence-linked cryptocurrencies. The decline reflects a broader pullback in crypto markets as geopolitical uncertainty drives volatility across risk assets. Analysts point to heightened concerns over energy supply disruptions in the Gulf […]
