Blackstone has invested $250 million in an Abu Dhabi-based payments and data intelligence platform aimed at regulated digital markets, pressing ahead with a Gulf deal even as the war involving Iran continues to unsettle investors, energy markets and regional transport links. The investment in Advanced Digital Gaming Technology, or ADGT, marks what LSEG identified as the first private equity-backed inbound transaction in the Gulf since the conflict […]
As of December 31, 2025, total paying subscribers reached an all-time high of 16.91 million, a substantial 34.1% YoY increase, with a subscription rate of 6.1%, up 1.4 percentage points from 2024.
AI Agent-Integrated Products Gain Explosive Popularity, Driving Strong Penetration and Monetization Growth
Following the July launch of RoboNeo (Meitu’s flagship AI visual design agent), Meitu integrated AI Agent capabilities across most of its product portfolio to enhance workflow automation and user experience.
As such, Meitu’s productivity tools segment achieved an all-time high 9% subscription rate, up 3.1 percentage points YoY. Paying subscribers of this segment grew to 2.16 million, representing a significant 67.4% YoY growth, with international paying subscribers more than doubling.
The segment comprises three core tools: DesignKit specializing in AI workflows for e-commerce design,Kaipai and Vmake specializing in AI workflows for video production.
Backed by AI Agent empowerment, in 2025, DesignKit established strategic partnerships with leading global e-commerce platforms including Alibaba, JD.com, and Amazon. Kaipai focuses on verticals including healthcare, education, beauty, insurance, and real estate, empowering industry users to create professional talking videos. In 2025, Kaipai’s MAU nearly doubled, and paying subscribers tripled. Vmake targets fitness and wellness markets, achieving rapid MAU growth in the U.S., with Annual Recurring Revenue (ARR) reaching approximately USD 3 million.
Meitu’s leisure product segment including the Meitu app, BeautyCam and Wink maintained robust user engagement. The paying subscribers for the leisure segment grew 30.3% YoY to 14.75 million, driving the segment’s subscription rate to a solid 5.9%.
Globalisation Milestones: Expanding Footprint in High-ARPU Regions
Meitu’s Globalisation strategy achieved significant progress, with MAU in markets outside Mainland China surpassing the 100 million milestone, a 6.3% YoY increase. International paying subscriber growth accelerated in the second half of 2025, with the majority of new additions coming from high-ARPU regions including Europe, the Americas and East Asia, enhancing the sustainability of international monetization.
AI Technology Advancement & Industry Recognition
Following the training of its self-developed large vision model’s foundational capabilities in 2024, the company has since shifted its R&D priorities towards vertical-specific model training and application-level optimization to better address targeted user needs, consistent with its model-agnostic strategy. In 2025, the company’s total R&D expenses grew moderately by 3.8% YoY.
Meanwhile, on Andreessen Horowitz (a16z)’s “Global Top 50 Gen AI Mobile Apps” list, Meitu ranked first in the photo, video and design category by the number of featured products, with four apps selected. This external recognition reinforces Meitu’s position as a leading global AI application company in imaging, video and design.
Fueled by sustained R&D investment, Meitu is systematically deploying AI Agents into scalable productivity workflows. Going forward,Meitu will continue expanding diverse imaging skills to empower global developers and users with professional-grade AI creation experiences.
Hashtag: #Meitu
The issuer is solely responsible for the content of this announcement.
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 […]
Cybersecurity researchers have identified a new malware campaign that embeds its command-and-control infrastructure within the Ethereum blockchain, complicating efforts by defenders to detect and disrupt operations. The campaign, dubbed EtherRAT, uses smart contracts to store instructions for infected systems, marking a shift in how threat actors leverage decentralised technologies to evade traditional monitoring. Analysts say the approach allows attackers to bypass domain-based detection methods, as blockchain networks […]
A ransomware group linked to Tehran has reappeared with upgraded capabilities, raising concern among cybersecurity researchers who say the threat actor is deploying more sophisticated techniques to evade detection and disrupt organisations across multiple sectors. Security analysts tracking the group known as Pay2Key report that its latest campaigns show marked improvements in execution methods, stealth mechanisms and anti-forensics tactics. The group, which gained attention during earlier waves […]
By Arun Srivastava The Naxalite movement, originating from a 1967 peasant uprising in Naxalbari, West Bengal, has witnessed numerous “twists and turns,” evolving from a localized armed insurrection into a fragmented insurgency and, in recent years, a shrinking threat experiencing mass surrenders and gruesome killings of cadres by the security forces. But one evolution is […]
The article Twists And Turns In Naxalite Movement In Last Six Decades After 1967 Uprising appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Rare operatic genres, often referred to as endangered theatrical forms, are typically characterized by strong regional identities, limited reach, scarce inheritors, and relatively small scale. Shaped over centuries, they embody distinctive musical styles and performance forms of high artistic value and deep cultural resonance. As an integral part of intangible cultural heritage, they preserve local dialects, customs, and cultural ideals..Their protection, transmission, and revitalization are essential to strengthening the foundations of Chinese opera and advancing the creative transformation and innovative development of traditional Chinese culture.
This year’s showcase drew participation from over 100 troupes nationwide, with 36 outstanding works selected. Covering genres such as Yong Opera, Qian Opera, Qi Opera, Dunqiang, and Yong Opera, the showcase highlighted recent progress in safeguarding and revitalizing China’s rare operatic traditions.
Hashtag: #BinzhouInformationOffice
The issuer is solely responsible for the content of this announcement.
HONG KONG SAR – Media OutReach Newswire – 27 March 2026 – Co-presented by the Hong Kong Arts Festival and The Hong Kong Jockey Club Charities Trust, “No Limits” 2026 will collaborate for the first time with Hong Kong Chinese Orchestra (HKCO) to jointly present Light and Shadow on Strings. The concert will be held on 28 March 2026 (Saturday) at 3pm at the Tsuen Wan Town Hall Auditorium. Featuring a 50-member HKCO ensemble alongside rising erhu star Yang Enhua, the performance brings together solo, chamber and orchestral works in a celebratory programme of Chinese music, showcasing the artistic synergy that emerges when musicians of diverse abilities share the same stage.
The concert is one of the major programmes of “No Limits” 2026 and marks HKCO’s inaugural participation in this inclusive festival, representing a significant step forward in advancing inclusive arts within Hong Kong’s mainstream cultural landscape.
Rupert Woo Pak-tuen, Associate Conductor of HKCO and Resident Conductor of the Hong Kong Young Chinese Orchestra, will lead the ensemble and Yang Enhua in a selection of orchestral works. These include the huqin quartet Ru-Meng-Ling, the five-piece combo Autumn Moon on a Placid Lake, and the string quintets Three Variations on Yangguan and A Joyful Evening. The programme also features Tam Yat-sing’s Eternal Night, which was named the Audience’s Favourite at HKCO’s 2023 Music from the Heart concert. Through diverse ensemble formations, the performance weaves a richly layered world of Chinese music, revealing both the delicacy and dynamism of Chinese music through refined musical dialogue.
Yang Enhua will perform three solo works: Dishui Nanyin Words of the Blind, recognised as part of Hong Kong’s Intangible Cultural Heritage; Sun Wenming’s renowned Farewell; and Hua Yanjun (Ah Bing)’s iconic Reflection of the Moon on the Water. Through nuanced expression and tonal depth, these works embody both the inheritance and innovation of traditional Chinese music, conveying resilience and dignity of spirit amid adversity.
The concert will also present the world premiere of Luminous Sound Journey, a newly commissioned work by cross-disciplinary composer Luk Wai-chun, commissioned by “No Limits” and HKCO. Inspired by the sensory experiences of visually impaired individuals in perceiving light and sound, the piece intertwines sonic and visual imagination, guiding audiences into a musical journey that transcends perception and expectation.
Co-produced by “No Limits” and HKCO, Light and Shadow on Strings marks an important milestone in the journey of inclusive arts towards the mainstream stage.
Eddy Zee, Project Director of “No Limits”, said: “Light and Shadow on Strings is an important embodiment of No Limits’ commitment to advancing inclusive arts into the mainstream. The collaboration between Hong Kong Chinese Orchestra and erhu soloist Yang Enhua demonstrates how the spirit of inclusion can be realised on the foundation of professional artistic excellence, revealing the distinctive creative energy that emerges when mainstream musicians and artists of diverse abilities come together.”
Dr Chin Man-wah, Executive Director of the Hong Kong Chinese Orchestra, said: “There are multiple perspectives when it comes to defining the success of a social care project; it is not just about the audience attendance rate, but more importantly about the cultivation of talent, the accumulation of experience, and the establishment of mindsets.”
Rupert Woo Pak-tuen, Associate Conductor of the Hong Kong Chinese Orchestra and Resident Conductor of the Hong Kong Young Chinese Orchestra said: “Light and Shadow on Strings reveals the rich layers of Chinese music, from the subtle intimacy of solo passages to the powerful resonance of ensemble works. Through this collaboration, we hope audiences can experience the music’s purity of tone, its striking contrasts, and the profound emotional intensity it carries. This programme serves to illustrate our vision of harmony in diversity and our unwavering commitment to inclusion.”
Yang Enhua said:”Music has always been my bridge to the world, leading me beyond the boundaries of visual impairment. Through this performance, I hope to show how sound carries emotion and imagination, and to embrace the diverse ways we all perceive the world. I truly value this collaboration with No Limits and Hong Kong Chinese Orchestra. Their professionalism and trust have allowed us to create and share the sincere power of music on equal ground.”
Light and Shadow on Strings is the closing programme of the eighth edition of No Limits. For details, please visit: www.nolimits.hk.
| Light and Shadow on Strings | |
| Date and Time | 28 March 2026 (Sat), 3pm |
| Venue | Auditorium, Tsuen Wan Town Hall |
| Ticket | HK$258、HK$198 |
| Accessibility Services | Subtitles in Chinese and English, house programme in audio format and extra wheelchair seating available; guide dogs welcome |
| Note | Approx. 80 minutes with one interval The performance contains smoke effects The performance contains scenes of near complete darkness |
| Song | Composer / Arranger |
| Dishui Nanyin Words of the Blind | Yang Enhua |
| Erhu Solo Farewell | Sun Wenming |
| Erhu Solo Reflection of the Moon on the Water | Hua Yanjun
Orch.by Ding Guoshun |
| Five-piece Combo Autumn Moon on a Placid Lake | Lui Man Shing |
| Huqin Quartet Ru-Meng-Ling | Yang Chunjia |
| String Quintet Three Variations on Yangguan | Ancient Tune
Arr. by Hu Dengtiao |
| String Quintet A Joyful Evening | Hu Dengtiao |
| Eternal Night | Tam Yat sing |
| Seeking (The Third Movement of The Desert Smoke Suite) | Zhao Jiping |
| Luminous Sound Journey (Commissioned by No Limits and HKCO / World Premiere) | Luk Wai-chun |
Hashtag: #NoLimits
The issuer is solely responsible for the content of this announcement.
Launched in 2019 and co-presented by the Hong Kong Arts Festival and The Hong Kong Jockey Club Charities Trust, “No Limits” offers barrier-free performances and events and explores and promotes inclusiveness and understanding through the arts.
Every year from February to March, “No Limits” showcases a series of fascinating programmes of music, dance, theatre and film by international and Hong Kong artists of different abilities. It also presents free film screenings as well as education and community programmes including an international symposium.
“No Limits” is committed to provide accessible in-venue performances and programmes for people with different abilities, highlighting creativity and talent in a variety of forms, spreading the message of inclusion to the society.
For more information about “No Limits”, please visit 
https://www.nolimits.hk.
Founded in 1977, Hong Kong Chinese Orchestra is often invited to perform at famous venues and festivals all over the world, having covered Europe, North America, Asia, Australia and the Arctic Circle to date. It is therefore acclaimed as a leader among full-sized Chinese music ensembles in the international arena today. The Orchestra is set up in four sections: bowed-strings, plucked-strings, wind and percussion. The instruments include both the traditional and the improved, new versions: the bowed-string section has been using the Eco-Huqin series developed by the Orchestra since 2009. HKCO performs both traditional Chinese music and contemporary, full-length works in a variety of musical formats and contents. It also explores new frontiers in music through commissioning over 2,400 new works of various types and styles, whether as original compositions or arrangements.
About Yang Enhua
Yang Enhua began learning erhu at the age of 12, and has over fifteen years’ experience studying under Zhao Yijun, Gan Bolin, Li Aping, Peng Cheng, and Mao Qinghua of Hong Kong Chinese Orchestra. In 2022, Yang won the VSA International Young Soloists Competition and performed at the Kennedy Center, USA. In 2024, he performed in Seoul and ranked fourth in Korea’s first International Visually Impaired Solo Competition. In 2025, he won the Silver Award at the Singapore International Solo and Chamber Music Competition (Chinese Music category), and received a top ten award at the Danny Awards and the Special Grand Prize at the World Chinese Music Competition. Yang is committed to promoting musical inclusion, supporting employment for people with disabilities, and connecting communities through music. He is currently pursuing an undergraduate degree at the Hong Kong Academy for Performing Arts, supported by the Lee Hysan Scholarship.
About the Hong Kong Arts Festival
Launched in 1973, the Hong Kong Arts Festival is a major international arts festival committed to enriching the cultural life of the city. In February and March every year, the Festival presents leading local and international artists from all genres of the performing arts, giving equal importance to great traditions and contemporary creations. The Festival also commissions and produces work in theatre, music, chamber opera and contemporary dance by Hong Kong’s own creative talents and emerging artists, many of which have subsequently had successful runs in Hong Kong and overseas. Every year, the Festival also presents more than 250 “PLUS” and educational activities that offer diverse arts experiences to the community as well as tertiary, secondary and primary school students. In addition, through the “No Limits” project co-presented with The Hong Kong Jockey Club Charities Trust, the Festival strives to create an inclusive space for people of different abilities to share the joy of the arts together.
For more information about the Hong Kong Arts Festival, please visit https://www.hk.artsfestival.org/.
Findings from a team of researchers based in the UAE have revealed a previously undetected class of solar waves deep within the Sun, offering fresh insight into the behaviour of magnetic fields that drive solar activity and influence space weather. The study, led by scientists affiliated with New York University Abu Dhabi, identifies wave patterns occurring far below the Sun’s visible surface, in regions long considered beyond […]
Crowds are expected to gather across major cities this weekend under the banner of “No Kings”, a decentralised protest movement that organisers say could mark one of the largest coordinated demonstrations in years, driven by mounting political polarisation and public frustration over executive power. Activists behind the campaign describe it as a response to what they view as expanding authority within the executive branch and a perceived […]
Mozilla has released Firefox 149, introducing a suite of features aimed at strengthening privacy protections and improving user productivity, as competition intensifies across the browser market. The update, issued on 24 March, combines new browsing tools with expanded security layers, signalling a broader strategic shift by Mozilla to differentiate its flagship product from rivals such as Google Chrome and Microsoft Edge. Central to the release is a […]
Tensions surrounding the Strait of Hormuz have moved to the centre of calculations in the confrontation involving Donald Trump and Iran’s leadership, as competing narratives over diplomacy and deterrence shape global energy and security outlooks. Statements from Washington suggesting Tehran is seeking terms to end hostilities contrast sharply with signals from Iranian officials, who continue to project defiance while recalibrating their strategic posture in the Gulf. The […]
Highlights:
Financial Highlights:
| For the year ended 31 Dec | ||||
| HK$’ million | 2025 | 2024 | Change | |
| Revenue | 8,572.2 | 6,066.0 | +41.3% | |
|
7,697.8
718.9 155.5 |
5,414.5
512.0 139.5 |
+42.1%
+40.4% +11.5% |
|
| Gross profit | 486.2 | 353.2 | +37.6% | |
| Gross profit margin | 5.7% | 5.8% | -0.1 p.p. | |
HONG KONG SAR – Media OutReach Newswire – 27 March 2026 – CR Construction Group Holdings Limited (“CR Construction” or the “Company”, together with its subsidiaries, the “Group”; stock code: 1582.HK), a building contractor in Hong Kong, announced its annual results for the year ended 31 December 2025 (“FY 2025”). During FY 2025, the revenue recorded by the Group amounted to approximately HK$8,572.2 million representing an increase of approximately 41.3% as compared to approximately HK$6,066.0 million for the year ended 31 December 2024 (“FY 2024”). Profit for the year of the Group during FY 2025 was approximately HK$42.2 million.
In FY 2025, gross profit of the Group was approximately HK$486.2 million, representing an increase of approximately 37.6% as compared to approximately HK$353.2 million for FY 2024. The Group’s gross profit margin was approximately 5.7% and 5.8% for the year ended 31 December 2025 and 2024, respectively. During the Reporting Period, earnings per share of the Group was approximately HK7.84 cents (FY 2024: HK10.74 cents).
BUSINESS REVIEW
Construction Operations
As at 31 December 2025, the Group had 50 projects on hand with an aggregate original contract sum of approximately HK$32.6 billion. During FY 2025, the Group had been awarded 15 new projects with an aggregate original contract sum of approximately HK$5.6 billion and had completed 17 projects with an aggregate original contract sum of approximately HK$6.1 billion.
Building Construction Works
In FY 2025, the revenue generated from the building construction works was HK$7,697.8 million, representing an increase of approximately 42.1% as compared to approximately HK$5,414.5 million for the FY 2024. The increase was mainly due to the increase in revenue generated from new projects and existing projects during the year.
During FY 2025, the gross profit of building construction works was approximately HK$334.6 million, representing an increase of approximately HK$96.5 million as compared to approximately HK$238.1 million for FY 2024. The gross profit margin decreased slightly to approximately 4.3% (2024: 4.4%).
Repair, Maintenance, Alteration and Addition (“RMAA”)
The revenue generated from the RMAA works increased by approximately 40.4% from approximately HK$512.0 million for FY 2024 to approximately HK$718.9 million for FY 2025.
The gross profit of RMAA works was approximately HK$93.3 million, representing an increase of approximately HK$22.4 million from the gross profit of approximately HK$70.9 million for FY 2024. The gross profit margin decreased to approximately 13.0% for FY 2025. The increase in gross profit and decrease in gross profit margin was mainly due to increase in revenue from RMAA work projects with lower gross profit margin in FY 2025.
Environmental Operations
As at 31 December 2025, the Group had 8 projects with an aggregate original contract sum of approximately HK$158.4 million and 28 projects relating to service concession arrangements and operation services.
During FY 2025, the Group demonstrated its capacity for market expansion by securing its first wastewater treatment construction contract outside of Zhejiang Province in Gaoping City, Shanxi. Furthermore, the Company strategically formed a joint venture with Tiantai Construction and the Group to pursue new opportunities in environmental services and sewage treatment, thereby enhancing its existing business.
The revenue generated from the environmental operations in FY 2025 was approximately HK$155.5 million, representing an increase of approximately 11.5% as compared to approximately HK$139.5 million for FY 2024.
In FY 2025, the gross profit was approximately HK$58.3 million, representing an increase of approximately HK$14.1 million as compared to approximately HK$44.2 million in FY 2024. The gross profit margin increased to approximately 37.5% in FY 2025. This is mainly due to increase in revenue from sewage and reclaimed water treatment services, which contributed higher gross profit margin during FY 2025.
CONTRACT COSTS
The Group’s contract costs primarily consisted of subcontracting costs, material costs, direct staff costs and site overheads. The contract costs of the Group in FY 2025 were approximately HK$8,086.0 million, representing an increase of 41.5% compared to approximately HK$5,712.8 million in FY 2024, which was in line with increase in revenue, and was mainly attributable to the increase in subcontracting costs, material costs, direct staff costs and site over heads for new and existing projects in FY 2025.
TECHNOLOGICAL INNOVATION
During FY 2025, the Group placed significant emphasis on technological innovation to enhance its core competitiveness in the construction industry. The total expenditure for research and development was approximately HK$23.3 million.
The Group continued to implement its enhanced Smart Site Safety System (4S), reinforcing our safety management framework and maintain our ISO 27001 certification. The Group has also integrated a range of digital solutions – including BIM, 4S, RPA, and the MaiaAI System – into project management and daily operation, significantly improving both efficiency and safety standards. The Group’s AI Tower Crane System received with 2025 CIC Construction Innovation Award – Local Award (Construction Safety 2nd Prize).
PROSPECTS
Subsequent to 31 December 2025, the Group has been further awarded 3 new projects relating to 1 building construction works contracts with original contract sum of approximately HK$3,590 million; and 2 RMAA works contract with an aggregate original contract sum of approximately HK$9.3 million.
The proactive measures outlined in 2025 Policy Address to accelerate infrastructure and stimulate industry growth present a significantly positive outlook for the local construction sector.
The commitment to major projects such as the Northern Metropolis, the Hong Kong-Shenzhen Innovation and Technology Park, and new transportation infrastructure is expected to generate substantial momentum for the Group’s business.
The Group will actively support and leverage government initiatives. We will remain focused on securing new and profitable project opportunities. Building on our proven expertise, the Group is strategically positioned to explore and pursue suitable construction business ventures both in Hong Kong and overseas.
Hashtag: #CRConstruction #華營建築 #AnnualResults
The issuer is solely responsible for the content of this announcement.
CR Construction Group Holdings Limited, which is carrying out construction business for over 55 years locally, is one of the leading building contractors in Hong Kong. The Group principally act as a main contractor in building construction works and RMAA works projects across public and private sectors in Hong Kong. As a main contractor, the Group is responsible for (i) overall management of the projects; (ii) formulating work programmes; (iii) engaging subcontractors and supervising their works; (iv) sourcing construction materials; (v) communication and coordination with the customers and their consultant teams; and (vi) safeguarding compliance with safety, environmental and other contractual requirements.
The meeting highlighted the role of LuLu Group International, which operates more than 280 hypermarkets across the Gulf Cooperation Council, in maintaining steady flows of essential commodities including rice, wheat, pulses, fruits and vegetables. Officials familiar with the interaction indicated that the discussion centred on logistics efficiency, pricing stability and the need to safeguard uninterrupted shipments during periods of geopolitical and climate-related uncertainty.
Yusuff Ali is understood to have outlined how the group has expanded sourcing networks and strengthened warehousing capacity to manage demand across markets such as United Arab Emirates, Saudi Arabia, Qatar, Oman and Kuwait. These countries rely significantly on imports to meet domestic consumption needs, making supply chain continuity a strategic concern for both governments and private sector operators.
India remains a major exporter of food products to the Gulf, with staples such as basmati and non-basmati rice forming a substantial share of shipments. Fresh produce, seafood and processed foods have also seen sustained demand as expatriate populations grow and consumption patterns diversify. Trade data over the past year has shown that food exports to GCC markets have held steady despite fluctuations in global commodity prices and shipping costs.
The discussion comes against a backdrop of tighter export controls imposed at various points to stabilise domestic food prices. Authorities have intermittently restricted shipments of certain grains, including rice varieties, prompting concerns among importing nations about supply reliability. Industry participants say large retailers with integrated supply chains, such as LuLu, have been better positioned to absorb shocks by diversifying sourcing and building buffer stocks.
Government officials have emphasised that export policies are calibrated to balance domestic needs with international commitments. During the interaction, Modi is said to have reiterated the importance of maintaining India’s reputation as a dependable supplier while ensuring affordability within the domestic market. The approach reflects a broader strategy of using trade diplomacy to reinforce economic ties with key regions.
LuLu Group’s operations have evolved beyond retail into food processing, logistics and distribution, enabling it to play a pivotal role in linking producers in India with consumers across the Gulf. The company sources directly from farms and cooperatives, reducing intermediaries and allowing for more competitive pricing. This model has gained traction as governments encourage greater efficiency in food supply chains.
Analysts note that Gulf countries have been investing in food security initiatives, including overseas farmland acquisitions, strategic reserves and partnerships with large distributors. Retailers such as LuLu have become central to these efforts, providing the infrastructure needed to manage large-scale imports and ensure consistent availability at the consumer level.
Yusuff Ali has previously highlighted the importance of long-term partnerships between exporters and retailers in stabilising supply. The group has expanded procurement centres across multiple states, enabling it to source a wide range of products while maintaining quality standards required by Gulf markets. Investments in cold chain logistics have also helped reduce wastage and improve delivery timelines.
The meeting also touched on opportunities to enhance bilateral trade flows through digitalisation and improved port connectivity. Industry experts argue that reducing transit times and streamlining customs procedures could further strengthen supply chains, particularly for perishable goods. With global shipping routes facing periodic disruptions, efficiency gains at origin and destination ports have become increasingly critical.
India’s engagement with the GCC has deepened across sectors, with food trade forming a key pillar of economic cooperation. The region accounts for a significant share of India’s agricultural exports, while remittances and energy imports reinforce the interdependence between the two sides. Strengthening food supply mechanisms is seen as part of a broader effort to secure mutual economic interests.
Ziff Davis has struck a new licensing agreement to launch a dedicated French edition of IGN, extending the global reach of its gaming and entertainment media brand through a partnership with European publisher eMense. The deal will see eMense operate IGN France under licence, marking the latest step in Ziff Davis’s strategy to scale its media properties internationally without direct ownership of local operations. The move builds […]
Arabian Post Staff -Dubai Shareholders of Al Ansari Financial Services have approved a full-year dividend for 2025 at the company’s Annual General Meeting, reinforcing a payout approach that signals stability in earnings and confidence in cash flow generation. The approved distribution includes a final dividend of AED 148.5 million, equivalent to 2 fils per share, for the second half of the financial year. This follows an identical […]
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 […]
Threat actors are refining a deceptive cyberattack method that manipulates built-in system utilities on both Microsoft Windows and Apple macOS to deploy malicious software, marking a shift in how malware bypasses browser-based security safeguards. Security researchers have identified a coordinated campaign centred on a technique known as ClickFix, which prompts users to execute seemingly harmless commands through the Windows Run dialogue or macOS Terminal. By moving the […]
Artificial intelligence is emerging as the defining battleground in global cybersecurity, with defenders racing to counter increasingly sophisticated threats as cyber criminals adopt the same technologies to scale and sharpen their attacks. A report by PwC highlights how malicious actors are integrating AI into core operations, enabling even relatively inexperienced hackers to launch complex campaigns that once required advanced technical expertise. The shift is altering the threat […]
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 […]
Arabian Post Staff -Dubai Travellers across the United Arab Emirates are being advised to plan journeys with caution as unstable weather conditions threaten to disrupt flight operations over the coming days, prompting major carriers to issue passenger advisories. Airlines including Emirates, Air Arabia and flydubai have urged customers to check flight statuses before departure and allow additional time at airports, citing the likelihood of delays and schedule […]
Under the MOU, Green GSM will supply 2,000 VinFast Nerio Green electric vehicles to AMRC Renewable Corp/Xentro Motors. The first 1,000 units have already been secured, with the remaining to be delivered within two years. The fleet will operate under the co-branding “Green Xentro powered by Green GSM” across Metro Manila and key urban centers, following the completion of all necessary regulatory and accreditation processes.
The Green Xentro fleet will showcase Green GSM’s signature cyan color and follow eco-friendly standards, similar to those used in other markets. Known for their quiet operation, zero tailpipe emissions, and comfortable interiors, VinFast electric vehicles aim to offer passengers a cleaner and more enjoyable ride.
Green GSM, which began deploying its all-electric ride-hailing service in the Philippines earlier this year, is developing a partner-based operational approach to increase EV adoption while fully complying with local regulations. AMRC Renewable Corp/Xentro Motors viewed this collaboration as an opportunity to contribute to the country’s growing sustainable transportation movement. Once all approvals are secured, the fleet will begin operations under the Green GSM platform.
Through this partnership, Xentro Motors will also utilize its nationwide Xentro Malls network to offer accessible pick-up zones, EV charging stations, and parking areas, improving convenience for passengers and drivers. This initiative supports the group’s broader goal of incorporating sustainability into its retail and property ecosystem.
The partnership will also benefit from VinFast’s service ecosystem, which includes fleet maintenance, charging infrastructure, and driver support, strengthening Xentro’s collaboration with the Vietnamese automaker.
“We are honored to partner with Green GSM in bringing all-electric ride-hailing closer to Filipino communities,” said Mr. Noel M. Ignacio, CEO of Xentro Motors. “This collaboration reflects our belief that sustainability and progress can go hand in hand. By integrating electric mobility into our ecosystem, we aim to support the country’s long-term transport modernization goals and enhance daily commutes for users.”
“This partnership with Xentro Motors marks another important step in our regional journey,” said a representative of Green GSM. “Green GSM always welcomes and creates favorable conditions for local businesses to collaborate on the GSM platform. Across the countries where GSM operates, we have successfully partnered with and supported more than 100 enterprises in building sustainable business models within the electric mobility ecosystem. Xentro is the first of such valued partners in the Philippines, and we believe this cooperation will set a positive example for future collaborations. Our mission remains clear, to work alongside partners who share the same vision for cleaner, smarter, and more inclusive mobility, because when communities and businesses move together, everyone benefits”.
The collaboration represents a shared belief that meaningful change in mobility begins with collective effort. By combining Green GSM’s expertise in electric ride-hailing with Xentro Motors’ strong local network, the two companies aim to make sustainable transport accessible to more Filipinos and to inspire a growing movement toward cleaner, smarter everyday journeys.
Hashtag: #GSM
The issuer is solely responsible for the content of this announcement.
