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Adoption of Bitcoin is expanding across institutions, banks, corporations and retail investors even as sharp price fluctuations continue to test market confidence, according to new research from River, a US-based Bitcoin financial services firm. River’s latest report argues that Bitcoin’s long-term trajectory is being shaped less by short-term volatility and more by structural shifts in how capital allocators, payment companies and sovereign actors perceive digital assets. The […]

Vast peatlands beneath the Congo Basin’s blackwater lakes are releasing carbon that has been locked away for millennia, according to new scientific findings that raise fresh concerns about the stability of one of the planet’s largest tropical carbon stores. Researchers studying Africa’s most extensive tropical peat complex have identified that a notable share of carbon dioxide escaping from the region’s dark, tannin-rich lakes originates from ancient peat […]

BlackRock has transferred roughly $150 million worth of Bitcoin and Ethereum from wallets linked to Coinbase’s custody platform, prompting fresh scrutiny of how the world’s largest asset manager is structuring its digital asset exposure. Blockchain data tracked by market analysts show that the movements involved a combination of Bitcoin and Ether held in addresses associated with Coinbase Custody, a regulated service widely used by institutional investors. The […]

Meta Platforms has struck a landmark long-term agreement with Advanced Micro Devices to buy tens of billions of dollars’ worth of AI processors and data-centre hardware over the next five years, a deal that could exceed $100 billion and reshape the competitive landscape for artificial-intelligence infrastructure. This multiyear pact will see Meta deploy up to six gigawatts of AMD-based computing capacity, starting with initial shipments in the second […]

Arabian Post Staff -Dubai A consortium led by Saudi Arabia’s sovereign wealth vehicle, the Public Investment Fund, alongside private equity firm Silver Lake and Affinity Partners has launched a strategic tender offer for about $1.5 billion of debt tied to Electronic Arts as part of efforts to reshape the financial structure underpinning its landmark acquisition of the gaming giant. The move could signal a shift in how major […]

Matein Khalid I dedicate this post to my dear friend Abdulla Saeed Al Naboodah who has Ferrari in his spirit, bloodstream as well as in his garages. I went gaga on the Ferrari IPO in 2015 as I viewed the world’s preeminent luxury car maker as unique since it restricted supply to an elite global community rather than peddled product to any joe who could afford a […]

Bitcoin is hovering near the $60,000 threshold after a sharp weekly slide, with derivatives data indicating that a decisive break lower could unleash as much as $2.2 billion in forced liquidations across major exchanges. The world’s largest cryptocurrency has retreated from highs above $70,000 reached earlier this quarter, shedding momentum as risk appetite across global markets softens. Trading desks report heightened volatility and thinning order books around […]

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Arabian Post Staff -Dubai Red Sea Museum has unveiled an expansive Ramadan programme in Historic Jeddah, bringing together craft workshops, storytelling sessions, performances and community gatherings to mark the holy month against the backdrop of a major maritime exhibition opening this season. The series, running from February through March 2026, is designed to celebrate heritage, creativity and collective memory. Organisers say the initiative seeks to deepen public […]

China’s electric vehicle industry has recorded more than 146,000 battery swaps in a single day, marking a milestone for a technology long promoted as a faster alternative to conventional charging. The figure, disclosed by industry participants, underscores the scale at which battery-swapping networks are now operating across major cities and highways, led by companies including Nio and battery giant CATL.

Battery swapping allows drivers to exchange a depleted battery for a fully charged one in a matter of minutes at automated stations. Proponents argue that the process reduces waiting times, eases pressure on charging grids and addresses consumer concerns over driving range. The single-day tally reflects the rapid build-out of swapping infrastructure, particularly in urban clusters where electric vehicle adoption has surged.

Nio, one of the most prominent advocates of the model, has invested heavily in automated swap stations capable of completing a battery exchange in roughly three to five minutes. The company has deployed thousands of such stations nationwide, positioning the service as a core part of its premium brand offering. CATL, the world’s largest electric vehicle battery manufacturer, has also entered the segment, unveiling standardised battery packs and modular swap solutions aimed at broader industry adoption.

The record comes as authorities continue to encourage innovation in electric mobility as part of wider decarbonisation efforts. China remains the world’s largest market for electric vehicles, accounting for more than half of global sales. According to industry data, new energy vehicles — which include battery-electric and plug-in hybrid models — have steadily expanded their share of total car sales, supported by policy incentives, local government backing and a dense manufacturing ecosystem.

Supporters of battery swapping argue that the model can complement fast-charging networks rather than replace them. While high-powered chargers have improved, recharging times can still extend beyond 20 minutes depending on capacity and grid availability. Swapping offers a predictable and shorter turnaround, which fleet operators such as ride-hailing and logistics companies view as critical to maintaining vehicle utilisation rates.

Industry analysts note that standardisation has historically been a barrier to wider adoption. Different vehicle platforms often require unique battery configurations, complicating interoperability. CATL has sought to address this by promoting unified battery specifications that could be shared across brands. If widely adopted, such standardisation could lower infrastructure costs and accelerate rollout beyond premium segments.

Nio has expanded partnerships with other manufacturers to open its swapping network to additional vehicle models. The company has also integrated digital systems to allow drivers to locate stations, reserve slots and monitor battery health. Executives argue that separating vehicle ownership from battery ownership — through subscription-style battery leasing — reduces upfront purchase prices and mitigates concerns over long-term battery degradation.

However, sceptics question whether the economics can be sustained at scale. Building and maintaining automated swap stations requires substantial capital expenditure. Each site houses multiple battery packs, robotic handling systems and grid connections capable of recharging stored units. Critics argue that fast-charging networks, which rely on increasingly powerful chargers, may offer a more straightforward path to expansion without the need for physical battery inventories.

Grid management is another factor shaping the debate. Swapping stations can recharge batteries during off-peak hours and potentially provide energy storage services to the grid. By smoothing demand, operators may reduce strain during peak periods. Analysts suggest that such integration could become more valuable as renewable energy capacity grows and grid balancing becomes more complex.

Beyond domestic deployment, Chinese firms have signalled ambitions to export swapping technology. Pilot projects have been announced in parts of Europe and Asia, though regulatory frameworks and consumer preferences vary widely. In markets where home charging is common and long-distance travel patterns differ, adoption may face distinct challenges. Even so, global interest in reducing charging bottlenecks has prompted automakers and policymakers to monitor developments closely.

Competition within China’s electric vehicle market remains intense. Dozens of manufacturers are vying for market share amid price competition and rapid technological upgrades. Infrastructure innovation has become a key differentiator. Companies capable of offering integrated ecosystems — spanning vehicle, battery, software and energy services — are viewed as better positioned to secure customer loyalty in a crowded field.

The 146,000-swap benchmark illustrates how quickly usage volumes can scale once infrastructure density reaches critical mass. Urban corridors linking major economic centres have seen particularly high utilisation rates, with drivers opting for swaps during peak commuting hours. Fleet operators report that predictable turnaround times improve route planning and asset productivity.

By Nantoo Banerjee The global AI impact summit 2026 in Delhi, last week, couldn’t have come at a more appropriate time when the world continues to be somewhat skeptical about adoption of Artificial Intelligence (AI), its limitations and potential consequences. Thanks to the pioneering effort by firms such as Nvidia, Microsoft, Google, Amazon, Meta and […]

The article India Should Adopt ‘Trustworthy’ AI Tools To Stay Safe And Transparent appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

This year’s edition sees six coffee shops from the region secure placements in the Top 100 List

SINGAPORE – Media OutReach Newswire – 23 February 2026 – The second edition of THE WORLD’S 100 BEST COFFEE SHOPS 2026 with DaVinci Gourmet announced its global ranking at CoffeeFest Madrid 2026 on 16 February 2026. This year marks a breakthrough moment for the Middle East. The United Arab Emirates secured two placements in the global Top 100, reinforcing its position as a fast-growing specialty coffee hub. In addition, Qatar and Oman achieved their first-ever entries in the global ranking, and Turkey’s Meet Lab Coffee returned to the list, underscoring the region’s growing presence on the world coffee stage.

2026 Top 100 Winners
2026 Top 100 Winners

The list confirms the emergence of new global capitals of quality coffee, as well as the consolidation of an increasingly diverse and innovative international coffee community that includes The United States, which leads the ranking with nine selected coffee shops, South America, Europe, Asia Pacific, Africa and Middle East.
Middle East coffee shops that made the Top 100 Ranking:
  • Benchmark Coffee, UAE
  • Harvest Coffee, Qatar
  • Meet Lab Coffee, Turkey
  • Azura – The Coffee Company, Oman
  • Cypher Urban Roastery, UAE
  • Flat White Specialty Coffee, Qatar

“Congratulations to all 100 ranked coffee shops. The World’s 100 Best Coffee Shops 2026 with DaVinci Gourmet is the global benchmark celebrating the cafés shaping the future of coffee, and as a leading beverage solutions brand, DaVinci Gourmet is proud to stand alongside it as the global title partner,” said Eloise Dubuisson, General Manager, Food Service Brands, Kerry Asia Pacific, Middle East & Africa.

RECOGNISING EXCELLENCE IN COFFEE

The ranking combines the evaluation of more than 800 professional judges from all continents with public voting, which exceeded 350,000 votes in this edition. In total, more than 15,000 coffee shops worldwide were analysed.

A benchmark for the industry and professionals, The World’s 100 Best Coffee Shops is the first global ranking recognising excellence in coffee and aims to highlight coffee shops that not only serve exceptional coffee but also create unique coffee experiences.

As Global and Title Partner of the 2026 edition, and together with initiatives like the DaVinci Gourmet Barista Craft Championship, DaVinci Gourmet remains committed to championing global beverage artistry and café culture.

Hashtag: #TheWorlds100BestCoffeeShop #DaVinciGourmet

The issuer is solely responsible for the content of this announcement.

Renault is set to take full control of Flexis, the electric van joint venture it formed with Volvo Group and CMA CGM, marking a decisive shift in the French carmaker’s strategy to consolidate its position in the fast-growing light commercial vehicle segment. The company confirmed it will buy out the stakes held by truckmaker Volvo and shipping group CMA CGM in the venture, which was launched to […]

SINGAPORE – Media OutReach Newswire – 23 February 2026 – Tim Hortons® Singapore is pleased to announce that it has officially received Halal certification from the Majlis Ugama Islam Singapura (MUIS) across all its existing restaurants islandwide. This significant milestone arrives at a momentous time, as the brand prepares to join the local community in celebrating the upcoming Ramadan and Eid Al-Fitr festivities.

The attainment of the MUIS Halal mark, a global gold standard in Halal assurance, reaffirms Tim Hortons’ commitment to making its offering available to everyone. Since its debut in Singapore, the iconic Canadian coffee house has been a neighbourhood destination for all. With this certification, the brand’s full suite of signature coffee, iced beverages, sandwiches, and freshly baked treats is now accessible to the Muslim community, offering a new destination for family gatherings.

Fostering Connection in Singapore’s Multicultural Landscape

In Singapore’s unique multicultural landscape, dining is more than just a meal, it is a bridge between cultures. By securing official MUIS certification, Tim Hortons® strengthens its promise to provide a welcoming environment where every guest can gather with absolute peace of mind.

At Tim Hortons, we believe the best experiences are those that bring people together. Ramadan and Eid Al-Fitr are seasons defined by reflection, gratitude, and the spirit of sharing. We are honoured to receive this certification at such a meaningful time, allowing Tims to be a part of our guests’ festive traditions. Whether it is a cozy spot for Iftar or sharing our signature treats during Eid visits, we are delighted to be a part of your celebrations.

Elevating the Festive Table: An Expanded Range of Offerings

With the MUIS Halal seal, guests can now explore the full breadth of the Tim Hortons® menu, featuring a diverse array of flavours suited for both daily indulgence and festive hosting:

  • Hearty Iftar Options: For those looking to break their fast with a satisfying meal, our Signature Grilled Sandwiches, including the fan-favourite Pesto Chicken and the iconic Montreal Beef Pastrami, provide a warm and wholesome option.
  • The Ultimate Festive Treats: Our world-famous Timbits® and handcrafted Assorted Donut boxes are the perfect addition to any festive spread. These bite-sized treats are

ideal for sharing during family gatherings and as gifts when visiting loved ones during communal Iftar gatherings and during the Hari Raya season.

  • Handcrafted Beverages: Guests can enjoy our 100% Premium Arabica coffee, including the legendary Maple Cinnamon Latte and the Montreal Latte, as well as our signature Frappe Iced Beverages (Iced Capps®) and a variety of espresso-based lattes and non- caffeinated refreshing drinks, all prepared under strict Halal-certified protocols.
  • Savory Selection: The menu also features a range of made-to-order sandwiches, bagels and bakes, offering a variety of fresh and flavourful choices for any time of day.
Uncompromising Standards of Quality and Integrity

The journey to MUIS Halal certification involved a comprehensive and rigorous audit of the entire Tim Hortons® operational ecosystem. This included a meticulous review of the supply chain, ingredient sourcing, and kitchen preparation processes. This achievement ensures that the high-quality standards Tim Hortons® is known for globally, are harmonized with the stringent religious and food safety requirements of MUIS.

A Commitment to Future Growth

As Tim Hortons® continues to expand its footprint across Singapore, where it currently operates 17 stores, this certification is a pillar for all future outlets. The brand looks forward to opening more doors across the island, ensuring that the “Tims” experience remains accessible to all Singaporeans.

Hashtag: #TimHortons




The issuer is solely responsible for the content of this announcement.

About Tim Hortons®

Tim Hortons® is one of the world’s renowned restaurant chains operating in the quick service segment. Founded in 1964, Tim Hortons® appeals to a broad range of guest tastes, with a menu that includes premium coffee, hot and cold specialty drinks (including lattes, cappuccinos, espresso, teas, and our famous Iced Capp® Beverages), baked goods, hot breakfast sandwiches, breakfast snacking items, and other food products. Tim Hortons® has more than 6,000 restaurants around the world.
Tim Hortons in Singapore operates under the management of MGCA Cafe, a wholly owned subsidiary of Marubeni Corporation, a major Japanese general trading and investment conglomerate”

Greenlogue/AP More than 40 manufacturing facilities have been awarded the Green Factory Seal by Bahrain’s Ministry of Industry and Commerce, marking a push to embed environmental standards and energy efficiency deeper into the kingdom’s industrial base. Officials said the certification recognises factories that meet benchmarks on resource conservation, waste reduction, emissions control and compliance with national environmental regulations. The scheme forms part of a broader strategy to […]

Bitcoin fell about five per cent, sliding below the $65,000 mark as large holders accelerated transfers to exchanges and short-term investors continued to exit at a loss, underscoring fragile sentiment in the world’s largest cryptocurrency. The decline pushed Bitcoin to levels last seen several weeks ago, extending a pullback from record highs above $73,000 set earlier this year. Market data showed the digital asset trading in the […]

Michael Saylor has indicated that his company could expand its already vast Bitcoin holdings, renewing debate over corporate exposure to the world’s largest cryptocurrency and reinforcing his long-standing conviction that digital assets will define what he calls the “Orange Century”. Saylor, executive chairman of MicroStrategy, now rebranded as Strategy, shared remarks on social media that were widely interpreted by market participants as a signal of further purchases. […]

Starbucks Corp’s India venture is accelerating store openings and introducing new menu innovations, including protein foam coffee, as it deepens its bet on the world’s most populous country even while losses widen. Tata Starbucks Pvt., the 50:50 joint venture between Starbucks Corporation and Tata Group, plans to prioritise scale over short-term profitability, according to chief executive Sushant Dash. The strategy underscores a long-term view of India as […]

Copper prices edged higher on Friday but remained on course for a third consecutive weekly decline, as a firmer US dollar and persistent concerns over global demand continued to weigh on sentiment across industrial metals markets. Benchmark three-month copper on the London Metal Exchange climbed during morning trade, recovering from earlier losses as short-covering set in ahead of the weekend. Despite the rebound, prices have retreated over […]

Arabian Post Staff -Dubai Former title holders are set to cross paths at the Dubai Duty Free Tennis Championships after the official draw for the ATP 500 event produced a string of high-profile match-ups that promise a week of elite competition at the Dubai Duty Free Tennis Stadium. The men’s tournament, one of the most established stops on the ATP Tour’s Middle East swing, has again attracted […]

  Belgian accessories brand Kipling is sharpening its focus on the Gulf as it unveils a redesigned flagship at Dubai Mall, betting that immersive retail and a renewed emphasis on its playful DNA will reconnect it with shoppers across the region. Domitille Parent, a senior executive overseeing the label’s regional strategy, said the store’s overhaul marks more than a cosmetic refresh. It signals a broader repositioning aimed […]

By Ashok Nilakantan Ayers NEW YORK: When the Supreme Court of the United States struck down Donald Trump’s sweeping global tariffs on February 20, delivering a 6–3 verdict that the International Emergency Economic Powers Act of 1977 confers no authority to impose broad-spectrum duties without Congressional approval, the most consequential reverberations were felt not in […]

The article How A Supreme Court Ruling And A Russian Oil Gambit Rewrote India’s Trade Destiny appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Aldar Properties has raised $1 billion through a privately placed issue of subordinated hybrid notes to Apollo Global Management, bolstering its balance sheet as the Abu Dhabi-based developer pursues expansion across its core real estate platforms. Rated Baa2 with a stable outlook by Moody’s, Aldar structured the notes with a non-call period of 10.25 years, underlining the long-term nature of the funding. The transaction was executed through […]

Arabian Post Staff -Dubai   Saudi Arabian Oil Co, known globally as Saudi Aramco, is forecast to post a net profit of 91.9 billion Saudi riyals in the fourth quarter of 2025, marking a 5.9 per cent increase compared to the same period a year earlier but a 5.5 per cent decline from the third quarter, according to earnings estimates by AlJazira Capital. The projections reflect the […]

By T N Ashok At the center of Bharat Mandapam, the chiselled, lotus-shaped convention complex that has become the theatre for India’s global ambitions, Prime Minister Narendra Modi stood for a “family photo” that looked less like a diplomatic formality and more like a merger of Silicon Valley and the Westphalian order. To his left […]

The article India Positions Itself As The AI World’s Third Pole Under PM Modi’s Active Leadership appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

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