Arabian Post Staff -Dubai A sweeping emergency safety message was sent to millions across the United Arab Emirates telling citizens, residents and visitors to stay indoors and await official guidance after ballistic threats were detected over the Gulf state. National authorities stressed that the safety and security of all in the federation remain the highest priority and said systems to protect the public are fully operational within […]
Saudi Arabia is accelerating development of a vast unconventional gas field in the Arabian Desert, drawing on techniques refined in North America’s shale boom to reshape its energy mix and bolster state revenues. Southeast of the giant Ghawar oilfield, the state-controlled Saudi Aramco is pressing ahead with the multi-billion-dollar expansion of the Jafurah basin, the kingdom’s largest non-associated gas field. Executives have described the project as a […]
Arabian Post Staff -Dubai Dubai’s largest paid public parking operator has asked the Roads and Transport Authority to revise its tariff grid and seasonal card structure, a move that could lift the weighted average fee motorists pay across the city. Parkin confirmed on Wednesday that it submitted a formal request to the RTA earlier this month, proposing adjustments to standard parking charges and to the pricing of […]
OpenAI chief executive Sam Altman confirmed that the company has reached a strategic agreement with the U. S. Department of War to deploy its artificial intelligence models on the ministry’s classified network, signalling a major shift in the technology sector’s engagement with national security infrastructure and government contracts. The contract embeds safety principles that bar mass domestic surveillance and fully autonomous weapon-control, reflecting a delicate balance between […]
Arabian Post Staff -Dubai Metal Park, the integrated downstream metals ecosystem based in Khalifa Economic Zones Abu Dhabi, has entered a strategic agreement with Germany’s Frindt Consulting to roll out digital laser cutting services aimed at reshaping fabrication workflows across the Gulf. The collaboration is designed to embed advanced digital platforms into Metal Park’s production network, enabling automated order processing, real-time design optimisation and precision-driven laser cutting […]
OpenAI has secured an unprecedented $110 billion investment commitment from Amazon, Nvidia and SoftBank, propelling the artificial intelligence company into what could be the largest private funding round in history and sharply intensifying competition in the AI sector. The financial injection comes as the developer of the ChatGPT generative AI platform prepares for a potential public offering later this year and looks to expand its global infrastructure […]
A wave of class-action lawsuits filed by individual customers against large corporations has brought Washington’s tariff reversal into a new legal front, as shippers and retail buyers press for restitution of fees they say were unlawfully imposed. Plaintiffs have targeted delivery giant FedEx and eyewear maker EssilorLuxottica, which owns the Ray-Ban brand, arguing that costs passed on to consumers after a Supreme Court ruling invalidating former President […]
A Bolivian Air Force Hercules cargo aircraft carrying newly printed banknotes veered off the runway at El Alto International Airport on Friday evening and crashed onto a busy highway in the city of El Alto, adjacent to La Paz, killing at least 15 people and injuring dozens, officials said. Flames engulfed parts of the aircraft and several vehicles were destroyed as the C-130 transport plane barreled down […]
Arabian Post Staff -Dubai Fynd, the Mumbai-headquartered AI-native retail technology company backed by Reliance Retail Ventures Limited, has formally entered the Kingdom of Saudi Arabia with a strategic push to drive unified commerce among leading retailers and enterprise brands. The company’s launch in Riyadh is anchored in partnerships with established local players such as NICE, where its technology is already being used to enhance omnichannel operations, bridging […]
Bitcoin weakened sharply amid a broader shift in investor sentiment after the release of United States inflation figures that showed producer prices rising more than expected, prompting traders to dial back risk exposure and temper expectations of near-term interest rate cuts by the Federal Reserve. The world’s largest cryptocurrency slipped back toward the key $65,000 level, erasing much of the mid-week rally that had pushed prices toward […]
JARKATA, INDONESIA – Media OutReach Newswire – 28 February 2026 – CUKTECH, a consumer electronics brand specializing in charging technologies, has officially launched its online store in Indonesia, further advancing its expansion strategy across Southeast Asia. The launch provides Indonesian consumers with a dedicated official channel to access CUKTECH’s charging products and related technical information.
CUKTECH focuses on the development of power and charging solutions, with a product portfolio that includes power banks, charging cables, wall chargers, and car chargers. Product development emphasizes charging efficiency, safety standards, and long-term reliability, addressing everyday usage scenarios involving smartphones, tablets, laptops, and other connected devices. The brand’s solutions are designed to support increasingly common multi-device lifestyles, including mobile work and frequent travel.
Prior to the launch of the official online store, CUKTECH operated in Indonesia mainly through third-party distribution channels, resulting in limited product availability. With the establishment of an official channel, the company is gradually introducing a more complete product lineup to the Indonesian market, aligning local availability with that of other Southeast Asian markets such as Vietnam, Malaysia, and the Philippines.
According to the company, the official online store serves as a centralized platform for presenting product specifications, technical features, and launch updates in a consistent manner. This approach is intended to improve transparency and accessibility for consumers while supporting a more structured, long-term market strategy in Indonesia.
Looking ahead, CUKTECH plans to continue expanding its product portfolio in Indonesia, introducing additional products to address evolving local usage needs. Future launches will focus on scenarios such as multi-device charging, mobile productivity, and daily commuting, reflecting changing consumer behavior.
This market-oriented approach aligns with CUKTECH’s brand philosophy, “In somewhere, For somewhere,” which emphasizes adapting products and solutions to the specific needs of each market rather than applying a uniform global model.
Updates on product launches, brand developments, and the official online store can be found through CUKTECH’s official social media channels on Instagram and TikTok:cuktech_id
DENPASAR, BALI – Media OutReach Newswire – 27 February 2026 – Green SM has launched its operations in Bali through a strategic partnership with Taksi Komotra, introducing an all-electric taxi service to support the island’s sustainable tourism and urban mobility agenda. To celebrate the 238th anniversary of Denpasar City, Green SM is offering a limited-time 25 percent fare promotion, with discounts of up to IDR 238,000 per trip.
Green SM’s professional drivers are ready to provide high-quality, safe, and eco-friendly service.
Under the partnership structure, Green SM provides the technology platform, all-electric vehicle fleet, operational standards, and driver development system, while Taksi Komotra contributes its established local expertise and network across Bali. The collaboration integrates electric mobility technology with on-the-ground operational capabilities to deliver a scalable, governance-driven transportation model.
Operations in Bali are implemented under Green SM’s “5 Green Promises” service commitment framework. Established as a foundational operating standard since the company’s inception, the framework ensures that each ride delivers an excellent customer experience, professional drivers, high-quality and safe vehicles, fair and transparent pricing, and a meaningful contribution to environmental sustainability.
The service operates an all-electric fleet that produces no exhaust emissions or fuel combustion. All vehicles are maintained under strict technical and safety protocols to ensure consistent service performance while contributing to cleaner air and quieter urban environments.
A central pillar of the launch is the Green SM Driver ecosystem. Drivers are positioned as professional green mobility ambassadors guided by five core values: Respect, Professionalism, Dedication, Discipline, and Competitive Income with Stable Career Pathways. Structured training, transparent earnings mechanisms, and disciplined service governance aim to elevate driving into a respected profession while maintaining safety and reliability as foundational standards. This framework aligns income stability with environmental responsibility, reinforcing the role of drivers in supporting Bali’s sustainable tourism trajectory.
The launch comes amid rising mobility demand driven by tourism growth and daily transportation needs across the island. The Indonesia Tourism Outlook 2025 report notes a sustained shift toward environmentally responsible travel, underscoring the relevance of electric mobility in long-term development planning. According to projections from Indonesia’s National Development Planning Agency (Bappenas), green employment nationwide is expected to reach 4.8-5.3 million by 2029, reflecting the broader economic potential of sustainable industries.
Mr. Deny Tjia – Green SM Indonesia Managing Director (third from left), Mr H. Hasbi – Chairman of Komotra Taxi Bali (second from left), along with representatives from government agencies at the launch ceremony.
Mr. Deny Tjia, Managing Director of Green SM Indonesia, said: “The partnership with Taksi Komotra reflects our long-term commitment to building a high-quality, well-governed mobility ecosystem in Indonesia. By combining electric vehicles with professional driver development and clear operational standards, we aim to support Bali’s sustainable tourism ambitions while delivering safe, reliable, and comfortable rides for the community.”
H. Hasbi, Chairman of Koperasi Komotra, said: “We are proud to partner with Green SM to introduce electric taxis in Bali. Electric mobility will become part of the new standard for tourism and daily transportation on the island, and this collaboration helps us better serve local residents and visitors while preparing for the future of sustainable transport.”
The Bali launch marks another strategic milestone in Green SM’s expansion in Indonesia, following earlier operations in key markets including Jakarta, Makassar, Bekasi, and Surabaya. In these cities, the service has been positively received by local residents and international visitors alike, who value its clean electric fleet, professional drivers, and structured safety standards that enhance travel confidence.
With its growing presence across the country, Green SM continues to build a scalable electric mobility ecosystem that balances environmental responsibility, service excellence, and inclusive economic growth.
Hashtag: #GreenSM
The issuer is solely responsible for the content of this announcement.
About GSM and Green SM
GSM (Green Smart Mobility) is the world’s first company to operate a fully electric ride-hailing service across multiple platforms. As a pioneer in sustainable transportation, GSM has laid the foundation for a cleaner, smarter, and more responsible mobility model powered entirely by VinFast electric vehicles. Founded by Vingroup Chairman Pham Nhat Vuong, GSM is committed to building a future-ready mobility ecosystem while promoting more environmentally conscious lifestyles in markets that are rapidly embracing sustainability.
Green SM is GSM’s official global brand, representing the company’s vision and values in every market it serves. In Southeast Asia, the brand operates as Green SM in Indonesia, Xanh SM in Vietnam and Laos, and Green GSM in the Philippines. Across all markets, the service consistently delivers a modern travel experience through VinFast electric vehicles, professional drivers, and a service culture that prioritizes safety and passenger comfort.
Green SM symbolizes progress toward a future where technology, people, and the environment move forward in harmony. Beyond providing zero-emission transportation, the brand is also committed to fostering environmentally aware communities in every market where it operates.
About Taxi Komotra Taksi Komotra Bali is part of the Koperasi Mobil Transport Bali, which was established in 1993 under its original name, KOMITRA Bali. In 1996, the cooperative officially changed its name to KOMOTRA Bali and has continued to grow as one of Bali’s local transportation operators.
Today, Taksi Komotra Bali manages two core transportation services: rural bus services and taxi operations. For more than three decades, Komotra Bali has remained committed to providing safe and reliable transportation while supporting local mobility and the tourism sector across the Island of the Gods.
Anthropic has declined to proceed with a revised artificial intelligence contract offered by the US Department of Defense, citing concerns that changes to the agreement would weaken safeguards tied to its core safety commitments and restrictions on military applications. The San Francisco-based company, founded by former OpenAI executives including Dario Amodei and Daniela Amodei, confirmed it would not accept amendments to a previously negotiated arrangement that it […]
HONG KONG SAR – Media OutReach Newswire – 27 February 2026 – In his 2026-27 Budget announced on Wednesday (25 February), Paul Chan, Financial Secretary of the Hong Kong Special Administrative Region (HKSAR) outlined areas for comprehensively reinforcing the city’s position as a leading international financial hub.
Despite the complex and ever-changing external environment, Mr Chan noted that Hong Kong’s financial market had performed strongly and the city’s financial system remains robust.
HKSAR’s Financial Secretary, Paul Chan (second left), outlines areas for comprehensively reinforcing the city’s position as a leading international financial hub
In 2025, Hong Kong ranked first globally for funds raised through initial public offerings.
“We will continue to consolidate our existing strengths, tap into emerging fields, strengthen market systems and risk control and deepen financial co-operation in the Greater Bay Area,” Mr Chan said. “By doing so, we will enhance Hong Kong’s role as an international financial centre on all fronts and contribute to the national strategic goal of ‘accelerating China’s development as a financial powerhouse’ “.
With Hong Kong being the world’s largest hub for offshore Renminbi (RMB) business, the Financial Secretary said the city would leverage its unique strengths and proactively align with national development strategies.
For advancing the internationalisation of the RMB, Mr Chan said Hong Kong would facilitate the wider use of RMB in activities such as trade and cross-boundary business; reduce transaction costs; enrich product offerings in the offshore RMB market; improve price discovery in the short-to-medium-term-interest-rate market; and attract high-quality issuers to increase RMB bond issuance in Hong Kong.
In 2025, the stock market delivered a stellar performance. The Hang Seng Index rose by 28 per cent over the year. The daily turnover surged by 90 per cent to a historic high of close to $250 billion (US$32 billion).
Mr Chan said the Hong Kong Exchanges and Clearing Limited (HKEX) would continue enhancing the securities market, attracting issuers and boosting market efficiency.
“We will also introduce the next stage of reforms, including enhancing the regulatory regime for listed companies, providing specific guidelines for overseas companies seeking secondary listing in Hong Kong, offering more overseas markets as recognised exchanges, and continuing to explore with the market the provision of an over-the-counter trading platform for delisted stocks or those requiring special handling.
“The electronic bond-trading platform will also be launched in the second half of this year, thereby reinforcing Hong Kong’s position as a global fixed income and currency hub,” he said.
To attract more family offices and funds to set up in Hong Kong, Mr Chan said Hong Kong would enhance the tax regime, including expanding the scope of “fund” to cover specific funds-of-one, as well as classifying digital assets, precious metals, and specified commodities, etc. as qualifying investments eligible for tax concessions.
Regarding the development of digital assets, the Government published the second policy statement for developing Hong Kong into a global hub for digital asset innovation through the establishment of a comprehensive regulatory framework.
A bill will be introduced this year to establish licensing regimes for, among others, digital asset dealing and custodian service providers.
“We will also explore the adoption of electronic signature for bond issuance documents and the digitalisation of bearer bonds,” Mr Chan said.
To promote the application of fintech and enhance the efficiency of the asset management market, the CMU OmniClear, a market infrastructure operator established by the Hong Kong Monetary Authority, will establish a digital asset platform this year. It will support the issuance and settlement of digital bonds. The platform will also be gradually extended to other digital assets and linked with other tokenisation platforms in the region, consolidating Hong Kong’s leading role in the realm of digital assets.
In order to build an international gold trading market in Hong Kong, Mr Chan said the Government would explore offering tax incentives for eligible institutions conducting gold trading and settlement in Hong Kong; assist the industry in setting up an industry-led trade association to consolidate resources, step up promotion, and foster ties with industry stakeholders from around the world; and help the industry keep abreast of the latest gold market developments, acquire relevant skills and develop a training framework.
By Ashok Nilakantan Ayers NEW YORK: When Narendra Modi walked into the Knesset and told Israel’s parliament during his visit to Israel on February 25-26, that “peace and stability in West Asia are directly linked to India’s security,” he was doing more than delivering a diplomatic courtesy. He was planting a flag. India, under its […]
Arabian Post Staff -Dubai A labour court in Abu Dhabi has ordered a public relations manager to repay Dh290,383 to his former employer after judges found that funds entrusted to him for official purposes were misused and retained unlawfully. The ruling underscores the judiciary’s strict stance on financial misconduct and breach of trust within companies, holding employees accountable when entrusted authority is abused. The court found that […]
Atlassian has moved to embed autonomous artificial intelligence agents directly into Jira, unveiling an open beta that allows teams to assign tasks, automate workflows and connect enterprise systems through agent-driven collaboration. The Australia-founded software group said the new capability enables AI agents to operate alongside human users inside Jira, carrying out actions such as creating and updating tickets, triaging issues, assigning work and responding to project changes […]
Google has upgraded its Wear OS platform to allow smartwatches to receive earthquake alerts independently of a paired smartphone, expanding a safety feature that until now relied largely on a connected handset. The update, delivered through Google Play Services, enables compatible Wear OS devices to display earthquake warnings even when they are out of Bluetooth range of a phone or temporarily disconnected. The change means users wearing […]
Khalifa Economic Zones Abu Dhabi has signed a 50-year land lease agreement with Galadari Brothers’ Heavy Equipment Division to develop a large-scale logistics and distribution hub at KEZAD A in Al Ma’mourah, marking another long-term industrial commitment within Abu Dhabi’s flagship manufacturing and trade zone. The agreement covers a 150,000 square metre plot and represents an investment of AED75 million by Galadari to establish a purpose-built facility […]
Arabian Post Staff -Dubai Motorists who fail to stop for pedestrians at designated crossings in Sharjah face a Dh500 fine and black traffic points, as authorities intensify efforts to curb road fatalities and reinforce a culture of shared responsibility on the emirate’s streets. Sharjah Police have renewed warnings that drivers must yield at zebra crossings and other marked pedestrian areas, stressing that the penalty is not merely […]
Arabian Post Staff -Dubai Apple is preparing what could become the most significant overhaul of its MacBook Pro line in years, with industry reports pointing to the introduction of an OLED display, touchscreen capability and a redesigned macOS interface that may incorporate elements similar to the Dynamic Island seen on the iPhone. Supply chain disclosures and analyst briefings indicate that the technology group is advancing plans to […]
Abu Dhabi has begun on-road trials of Tesla’s advanced driver-assistance system, marking the first time the company’s “Full Self-Driving ” technology is being tested in the emirate under an official regulatory framework. The programme has been launched by the Integrated Transport Centre, an affiliate of the Department of Municipalities and Transport, which said the trials will assess the system’s performance in live traffic conditions while maintaining direct […]
Arabian Post Staff -Dubai Dubai Aerospace Enterprise has agreed to acquire Macquarie AirFinance in an all-cash transaction valued at about $7 billion, marking one of the largest aircraft leasing deals of the year and significantly expanding the Gulf-based lessor’s global footprint. The transaction, which is expected to close in the second half of 2026 subject to regulatory approvals and customary conditions, will create a combined fleet of […]
Paramount Skydance has emerged as the probable victor in a high-stakes contest to acquire Warner Bros Discovery, as streaming giant Netflix declined to increase its offer, effectively withdrawing from the pursuit and handing momentum to its rival. Paramount’s revised proposal of $31 per share in cash and commitment to cover substantial termination and regulatory fees was judged superior by the Warner Bros Discovery board, setting the stage […]
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