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HONG KONG SAR – Media OutReach Newswire – 21 February 2025 – The Hong Kong Science and Technology Parks Corporation (HKSTP) successfully hosted the “AI in Action” Career Day, attracting over 3,000 visitors. Marking HKSTP’s first-ever AI-focused recruitment initiative, the event delivered a one-stop career platform tailored for young professionals and graduates, connecting them with over 150 AI-specialised companies. Together, these innovators showcased 1,000+ roles in cutting-edge […]

In the arid expanses of Chile’s Atacama Desert, scientists are pioneering fog-harvesting techniques to combat severe water shortages. Utilizing fine mesh nets, these systems capture moisture from the air, providing a sustainable water source for communities facing prolonged droughts. Alto Hospicio, a rapidly developing urban area in northern Chile, exemplifies the potential of this technology. With annual rainfall often less than 1 millimeter, traditional water sources are […]

Kava, a prominent player in decentralized finance , has unveiled the world’s largest decentralized artificial intelligence model, powered by DeepSeek R1. This significant development was announced at Consensus Hong Kong on February 20, 2025, marking a pivotal moment in the convergence of AI and blockchain technologies. The integration of DeepSeek R1 into Kava’s platform aims to democratize access to advanced AI capabilities within the Web3 ecosystem. By […]

Lambda, a prominent AI infrastructure provider, has raised $480 million in a Series D funding round, elevating its total equity capital to $863 million. The investment aims to accelerate the expansion of Lambda’s Cloud platform, Model Inference API, and Chat AI Assistant. The funding round was co-led by Andra Capital and SGW, with participation from notable investors including Andrej Karpathy, ARK Invest, Fincadia Advisors, G Squared, In-Q-Tel […]

President Donald Trump convened a pivotal meeting at the White House on Thursday, bringing together key figures from the professional golf world in an effort to mend the division between the PGA Tour and the Saudi-funded LIV Golf. The discussions included prominent attendees such as Tiger Woods, PGA Tour Commissioner Jay Monahan, and Yasir Al-Rumayyan, governor of Saudi Arabia’s Public Investment Fund . The primary focus of […]

Over 350 side events transformed mega digital assets event to mega festivities HONG KONG SAR – Media OutReach Newswire – 21 February 2025 – Regarded as the “Super Bowl of Blockchain” and “the World Cup of Web3”, Consensus, the most influential and longest-running event of the crypto world, picked Hong Kong as a destination to expand beyond North America, with a record-setting debut of nearly 10,000 from […]

Solana , once a darling of the cryptocurrency world, is currently navigating a series of challenges that have significantly impacted its market performance. Over the past month, SOL’s value has plummeted by more than 40%, a decline attributed to a confluence of factors including meme coin scams, impending token unlocks, and a general downturn in trading volumes.

A notable incident exacerbating Solana’s woes involves the LIBRA token, which garnered attention after promotion by Argentine President Javier Milei. Following his endorsement, the token’s value surged, only to collapse shortly thereafter. Blockchain analysis firms Chainalysis and Nansen reported that approximately $99 million worth of cryptocurrency was withdrawn by wallets linked to LIBRA’s creator, leading to significant investor losses and a federal investigation into Milei’s involvement. This scandal not only undermined confidence in the LIBRA token but also cast a shadow over the Solana network, which hosted the token.

The proliferation of meme coins on the Solana blockchain has further strained its reputation. Platforms like Pump.fun have facilitated the creation of numerous meme coins, leading to network saturation and an influx of speculative assets. This environment has been fertile ground for scams, with the LIBRA incident serving as a prime example. The rapid rise and fall of such tokens have left many investors wary, contributing to a decline in trust and participation within the Solana ecosystem.

Adding to the downward pressure on SOL’s price is the scheduled release of over 15 million SOL tokens, valued at more than $2.5 billion, set for March 1. This significant token unlock has raised concerns about potential sell-offs, as investors anticipate increased supply in the market. The combination of these factors has led to a 19% decrease in Solana’s decentralized finance total value locked and a notable contraction in decentralized exchange trading volumes, indicating waning network engagement.

In stark contrast, Rollblock is experiencing a surge in user adoption and market interest. Rollblock, operating within the GambleFi sector, has introduced a deflationary revenue-sharing model that has captivated investors. The platform allocates up to 30% of its profits to buy back RBLK tokens from the open market. Of these repurchased tokens, 60% are permanently burned, reducing the overall supply and creating scarcity, while the remaining 40% are distributed as staking rewards, offering up to 30% annual percentage yield to long-term holders. This mechanism not only incentivizes holding but also fosters a sustainable increase in token value.

Rollblock’s ecosystem is further bolstered by its efficient transaction processes, allowing instant deposits and withdrawals in major cryptocurrencies such as Bitcoin, Ethereum, and Solana. This user-friendly approach has attracted a diverse investor base, including significant interest from holders of other cryptocurrencies like Polkadot. During its presale phase, RBLK’s price experienced a remarkable 420% increase, with the project raising over $10 million and attracting more than 45,000 investors.

The contrasting trajectories of Solana and Rollblock underscore the dynamic and rapidly evolving nature of the cryptocurrency landscape. While Solana grapples with challenges stemming from meme coin scams and market saturation, Rollblock’s innovative approach and robust ecosystem have positioned it as a promising contender in the crypto space.

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Rabdan Academy, a prominent institution specializing in safety, security, defence, emergency preparedness, and crisis management, has formalized a training agreement with INTERPOL. This collaboration aims to bolster cooperation in research, training, and the exchange of expertise between the two entities.

With the signing of this agreement, Rabdan Academy officially joins the INTERPOL Global Academy Network, a consortium dedicated to elevating training standards for law enforcement agencies worldwide through collaborative efforts and knowledge sharing among leading institutions.

The partnership outlines a framework for both organizations to identify and develop joint training activities and projects. These initiatives will encompass courses, seminars, conferences, curricula development, study tours, and train-the-trainer programs, all designed to enhance the capabilities of law enforcement personnel globally.

His Excellency James Anthony Morse, President of Rabdan Academy, emphasized the strategic importance of this alliance, stating that it aligns with the Academy’s mission to develop specialized skills and capabilities in relevant fields. He highlighted that collaboration with key international and local partners is essential for achieving this goal.

INTERPOL’s Secretary General, His Excellency Valdecy Urquiza, underscored the value of partnering with esteemed academic institutions like Rabdan Academy. He noted that such collaborations are vital for developing comprehensive global training methodologies and standards for law enforcement, benefiting INTERPOL’s member countries and enhancing the effectiveness of the Global Academy Network.

The agreement includes commitments to jointly develop training materials and curricula, exchange academic and training resources, and share expertise and faculty members. This cooperative approach aims to create robust training opportunities and foster applied research on topics pertinent to law enforcement.

Students at Rabdan Academy will gain access to courses and training tools from the INTERPOL Virtual Academy, enriching their proficiency in international policing. Additionally, Rabdan Academy’s training programs will receive accreditation from INTERPOL, ensuring they meet global standards of excellence.

This partnership was formalized during the International Defence Exhibition 2025, where Rabdan Academy is actively participating as an exhibitor. IDEX 2025 serves as a platform for showcasing the latest advancements in defence technology and fostering collaborations among global security stakeholders.

Rabdan Academy’s involvement in IDEX 2025 underscores its commitment to shaping the future of defence and security. The Academy is showcasing its specialized programs in safety, security, and crisis management, highlighting its role as a hub of expertise that brings together policymakers, defence leaders, and global experts to address evolving security challenges.

In addition to its partnership with INTERPOL, Rabdan Academy is set to announce new global collaborations aimed at strengthening its leadership in security and defence education. These initiatives reflect the Academy’s dedication to fostering expertise and cooperation to enhance global security efforts.

The INTERPOL Global Academy Network, established in 2019, is a collective of trusted law enforcement education institutions committed to providing a unified approach to law enforcement training. Rabdan Academy’s inclusion in this network signifies a significant step toward enhancing the quality and reach of specialized training programs for law enforcement professionals worldwide.

Through this partnership, both Rabdan Academy and INTERPOL aim to address contemporary challenges in law enforcement by leveraging their combined expertise and resources. The collaborative efforts are expected to result in the development of innovative training solutions that are responsive to the dynamic nature of global security threats.

As part of the agreement, there will be a concerted focus on applied research, enabling both institutions to contribute to the body of knowledge in law enforcement practices. This research component is poised to inform policy decisions and operational strategies, thereby enhancing the effectiveness of law enforcement agencies across different jurisdictions.

QuadReal Property Group and T5 Data Centers have announced an expansion of their joint data center platform, increasing its valuation to $8 billion. This strategic move aims to address the surging demand for cloud and AI infrastructure by developing an additional 5 gigawatts of data center capacity across the United States. Established in 2019, the partnership between QuadReal and T5 has successfully developed state-of-the-art data center facilities […]

World Liberty Financial, the cryptocurrency venture backed by U.S. President Donald Trump, has made a significant investment in the decentralized finance sector by purchasing 547,990 SEI tokens for $125,000 USDC. This strategic move has led to a notable increase in SEI’s market value, reflecting the growing influence of institutional investments in the cryptocurrency landscape.

The acquisition, executed on February 20, 2025, saw World Liberty Financial acquiring SEI tokens at an average price of $0.228 per token. This transaction was conducted on the Ethereum network, underscoring the platform’s continued prominence in facilitating significant cryptocurrency trades. Following the purchase, SEI’s price experienced an immediate surge, climbing approximately 12% to reach $0.24. This uptick highlights the market’s responsiveness to substantial investments from prominent entities.

World Liberty Financial’s portfolio, now valued at $117.052 million, reflects a 6.439% decrease in profit and loss, amounting to a $56.522 million loss. Despite this downturn, the firm continues to diversify its holdings, with recent acquisitions including 52.07 Wrapped Bitcoin worth $5 million and 2.53 million MOVE tokens valued at $1.14 million. These investments align with the company’s broader strategy to strengthen its position within the DeFi sector.

In addition to World Liberty Financial’s activities, notable movements have been observed among cryptocurrency whales. Two newly created multi-signature wallets, linked to the same creator, have collectively spent $20 million USDC to acquire 400 million WLFI tokens over the past two days. This substantial accumulation indicates a growing confidence among large-scale investors in the potential of WLFI tokens.

The SEI token, designed to enhance decentralized trading experiences, has garnered increased attention due to these high-profile investments. Market analysts suggest that such institutional interest could signal the onset of a bullish trend for SEI, as well as for the broader DeFi ecosystem. The infusion of capital from entities like World Liberty Financial is perceived as a vote of confidence in the viability and future growth of decentralized financial platforms.

World Liberty Financial’s strategic moves are not occurring in isolation. The cryptocurrency market as a whole has been experiencing a resurgence, with various tokens witnessing upward trajectories. The involvement of influential figures and substantial financial commitments are contributing to a renewed optimism within the crypto community.

However, these developments also prompt discussions about the potential implications of such concentrated investments. While the immediate market reactions are positive, questions arise regarding the long-term effects on market stability and the decentralization ethos that underpins the cryptocurrency space. The actions of large entities can significantly sway token valuations, which may lead to increased volatility and influence over decentralized networks.

PACT Protocol has officially launched on the Aptos Network, introducing over $1 billion in on-chain assets to the high-performance blockchain. This strategic move, following nine months of collaboration with the Aptos Foundation, aims to enhance financial inclusion by providing fully on-chain lending and securitization infrastructure for licensed lenders in emerging markets.

The integration enables lenders to originate, securitize, and service loans more efficiently, fostering a transparent and scalable financial environment for borrowers, originators, and institutional investors. As the inaugural participant in the Aptos Foundation’s incubation pilot, PACT Protocol benefits from strategic and technical support provided by Aptos Labs.

On-chain credit infrastructure is revolutionizing global finance, particularly in regions where traditional banking services are inaccessible to approximately 85% of the population. By leveraging Aptos’ sub-second finality and minimal transaction fees, PACT aims to reduce borrowing costs and expand credit access in underserved communities worldwide.

Ash Pampati, Head of Ecosystem at Aptos, expressed enthusiasm about the partnership, stating that it expands financial access to users in emerging markets globally. Solomon Tesfaye, Head of Capital Markets at Aptos Labs, highlighted that PACT’s integration offers a transparent and scalable solution, reducing costs and broadening credit opportunities for underserved communities.

PACT Protocol selected Aptos for its institutional-grade infrastructure, scalability, and adoption within the financial sector. The network’s support for native USDC and USDT, along with its capacity to handle high transaction volumes at low costs, ensures seamless credit flows while maintaining security and reliability through its Move programming language.

MANSA, a fintech company specializing in cross-border payment solutions, has secured $10 million in funding to address liquidity challenges in global transactions. The funding round was led by Tether, the issuer of the stablecoin USDT, with participation from Polymorphic Capital, Octerra Capital, Faculty Group, and Trive Digital.

The investment comprises a $3 million pre-seed round and an additional $7 million in liquidity funding from institutional investors, including corporate backers and quantitative funds. MANSA plans to utilize these funds to expand its operations into Latin America and Southeast Asia, regions that often face liquidity constraints in cross-border payments.

Co-founded by CEO Mouloukou Sanoh and Nkiru Uwaje, MANSA aims to revolutionize global payments by integrating blockchain technology to facilitate real-time, on-chain transactions. This approach seeks to make cross-border payments faster, more efficient, and cost-effective, thereby eliminating the limitations of traditional financial systems.

“Securing $10 million in pre-seed and liquidity funding marks a significant milestone in our mission to transform the way money moves,” said Sanoh. “By bringing payments on-chain and leveraging efficient liquidity solutions, we are addressing critical challenges in cross-border transactions—making payments faster, cheaper, and more reliable worldwide.”

Paolo Ardoino, CEO of Tether, expressed support for MANSA’s objectives, stating, “MANSA’s vision for addressing liquidity challenges in cross-border payments aligns with our mission to create a more efficient and inclusive financial system. By leveraging USDT for real-time settlements and instant payouts, MANSA is solving critical pain points for payment companies operating in emerging markets.”

Since its launch in August 2024, MANSA’s stablecoin-based payment solution has processed over $27 million in transaction volume on-chain, with nearly $11 million in January 2025 alone. This growth underscores the increasing demand for efficient and reliable cross-border payment solutions.

The company’s expansion into Latin America and Southeast Asia is poised to provide businesses and individuals in these regions with access to faster and more affordable payment options. By scaling its liquidity infrastructure and developing strategic partnerships with financial institutions and payment providers, MANSA aims to bridge existing gaps in the global payment landscape.

In addition to its technological advancements, MANSA is committed to financial inclusion and innovation. The company’s solutions are designed to address global liquidity shortages, offering a more accessible way for businesses and individuals to transact across borders. This approach is particularly beneficial in emerging markets, where traditional financial systems often fall short in meeting the needs of the population.

The use of stablecoins in cross-border transactions offers several advantages, including reduced settlement delays and lower transaction costs. By transacting on-chain, businesses can conduct seamless cross-border payments without the inefficiencies associated with traditional financial systems. This method also provides a viable alternative for import-heavy economies facing shortages of fiat currencies, enabling businesses to access digital dollars at scale and bypass local currency restrictions and capital controls.

MACAU SAR – Media OutReach Newswire – 21 February 2025 – Galaxy Macau™, the world-class luxury integrated resort, stands as a premier culinary destination, offering exquisite dishes from around the globe and ensuring that every visit to Macau is vibrant and memorable. Since its opening in 2015, 8½ Otto e Mezzo BOMBANA at Galaxy Macau has garnered numerous accolades, including a Michelin one-star rating for nine consecutive […]

Bybit CEO Ben Zhou has publicly denounced Pi Network as a scam, asserting that the cryptocurrency exchange will not list its native token, Pi Coin. This declaration comes on the heels of Pi Network’s mainnet launch on February 20, 2025, a significant milestone that has been overshadowed by sharp volatility in Pi Coin’s market value.

In a post on X , Zhou shared a 2023 warning from Chinese authorities, highlighting concerns that Pi Network targets elderly individuals with deceptive promises, leading to personal data leaks and financial losses. He emphasized that Bybit has no intention of listing Pi Coin, dismissing claims about failed Know Your Business audits as baseless.

Pi Network’s transition to an open mainnet was anticipated to enhance the token’s real-world utility and accessibility. However, the launch was marked by significant price fluctuations. Pi Coin’s value surged over 36% within an hour, peaking at $3.41 on Bitget, before plummeting more than 55% to around $0.91 within hours. This volatility has raised concerns among investors about the token’s long-term viability.

The European Central Bank has unveiled a comprehensive strategy to incorporate distributed ledger technology into its central bank settlement processes. This initiative aims to modernise Europe’s financial infrastructure by enhancing efficiency and security in transaction settlements.

In the initial phase, the ECB plans to develop a platform that links DLT-based transactions with its existing TARGET Services. TARGET is the Eurosystem’s real-time gross settlement system, facilitating the seamless flow of cash, securities, and collateral across Europe. By creating an interoperability link between DLT platforms and TARGET Services, the ECB seeks to enable the settlement of DLT-recorded transactions in central bank money. This approach ensures that innovative DLT systems can integrate smoothly with established financial infrastructures, maintaining stability while embracing technological advancements.

The subsequent phase involves exploring a more integrated, long-term solution for settling DLT-based transactions directly in central bank money. This comprehensive approach will consider the potential for international operations, including foreign exchange settlements. By delving into these possibilities, the ECB aims to position itself at the forefront of financial innovation, ensuring that Europe’s payment systems remain competitive and resilient in a rapidly evolving global landscape.

Piero Cipollone, a member of the ECB’s Executive Board, emphasised the significance of this development, stating, “This is an important contribution to enhancing European financial market efficiency through innovation.” His remarks underscore the ECB’s commitment to leveraging cutting-edge technologies to bolster the efficiency and security of Europe’s financial markets.

The ECB’s decision to expand its DLT initiatives follows a series of exploratory projects and consultations. In December 2024, the Eurosystem invited market participants to engage in trials examining the potential use of DLT for wholesale central bank money settlement. These trials, conducted between May and November 2024, provided valuable insights into how DLT platforms could interact with existing financial infrastructures. The positive outcomes of these experiments have informed the ECB’s current strategy, highlighting the practical viability of integrating DLT into central bank operations.

The ECB’s approach aligns with broader global trends, as central banks worldwide explore the potential of digital currencies and blockchain technologies. The Bank of England, for instance, has been investigating the development of a wholesale central bank digital currency aimed at facilitating large transactions between banks. Such initiatives reflect a growing recognition of the transformative potential of DLT and digital currencies in enhancing the efficiency and security of financial systems.

However, the ECB’s plans are not without challenges. The integration of DLT into existing financial infrastructures requires careful consideration of technical, regulatory, and security aspects. Ensuring interoperability between traditional systems and innovative DLT platforms is paramount to prevent fragmentation and maintain the integrity of the financial ecosystem. Additionally, the ECB must navigate potential concerns related to data privacy, cybersecurity, and the legal frameworks governing digital transactions.

The ECB has not yet announced a specific timeline for the implementation of the interoperability link with TARGET Services. A detailed schedule will be provided in due course, reflecting the ECB’s commitment to a meticulous and consultative approach. This cautious progression ensures that all stakeholders, including financial institutions, regulators, and the broader public, are adequately prepared for the forthcoming changes.

In parallel with its DLT initiatives, the ECB continues to advance its work on the digital euro. This project aims to provide a secure and efficient digital payment instrument, complementing cash and existing electronic payment methods. The digital euro is envisioned to enhance the accessibility and inclusivity of digital payments, ensuring that all segments of society can benefit from the digitalisation of the economy. The ECB’s efforts in this domain are part of a broader strategy to future-proof Europe’s financial system, ensuring it remains robust and competitive in the face of technological advancements and shifting consumer preferences.

British asset management firm Abrdn is in advanced discussions with CITIC Bank to establish a joint venture in China, aiming to strengthen its presence in the world’s second-largest economy. This strategic move comes as relations between the United Kingdom and China show signs of improvement, contrasting with the trend of Western financial institutions scaling back operations in the region due to economic and geopolitical concerns.

According to individuals familiar with the matter, Abrdn intends to hold a majority stake in the proposed venture, with the remaining shares owned by CITIC Bank’s subsidiary, CITIC Wealth. CITIC Wealth, as of the end of last year, manages assets totaling 2 trillion yuan , positioning it as China’s third-largest bank-owned wealth management entity.

The collaboration between Abrdn and CITIC Bank has been under discussion for the past couple of years, focusing on either establishing a new venture within mainland China or Abrdn acquiring a stake in CITIC Wealth. These negotiations gained momentum following the recent resumption of high-level economic and financial dialogues between China and the UK, which had been on hold for nearly six years.

This development is particularly noteworthy given the backdrop of several Western financial institutions reevaluating their strategies in China. Concerns over the health of the Chinese economy and escalating tensions between Beijing and Washington have led some firms to reduce their workforce or halt expansion plans in the region. In contrast, Abrdn’s initiative reflects a strategic decision to deepen its engagement with the Chinese market, leveraging the extensive client base and local expertise of CITIC Wealth.

The timing of this potential partnership aligns with broader efforts to enhance financial cooperation between the UK and China. Both governments have recently committed to exploring the feasibility of establishing exchange-traded fund and wealth management connect schemes, aiming to link their capital markets more closely. These initiatives are part of a concerted effort to strengthen financial services relations and improve economic ties between the two nations.

While official comments from Abrdn and CITIC Bank are yet to be made, the proposed joint venture signifies a strategic alignment that could offer mutual benefits. For Abrdn, gaining a majority stake in a Chinese asset management entity provides a platform to tap into the growing wealth management market in China. For CITIC Bank, partnering with an established international asset manager like Abrdn could enhance its product offerings and global reach.

DUBLIN, IRELAND – Media OutReach Newswire – 18 February 2025 – Aon plc (NYSE: AON), a leading global professional services firm, today announced that Jennifer Richards has been selected as CEO of Asia Pacific, effective 1 March. Richards assumes the role from Anne Corona who has recently been named CEO of enterprise clients and global chief commercial officer. She will work alongside the Asia Pacific Executive Committee […]

TrinaTracker, a subsidiary of Trinasolar Co. Ltd and a global leader in smart solar tracking solutions, has inaugurated a manufacturing facility in Saudi Arabia. Located in Jeddah’s 3rd Industrial City, the plant is slated to commence operations in the first quarter of 2025, specializing in the production of the Vanguard series of solar trackers and smart control systems. This development underscores TrinaTracker’s commitment to localization and enhancing […]

Abu Dhabi National Oil Company has announced plans to sell approximately 3.1 billion shares, equating to a 4% stake, in its subsidiary ADNOC Gas. This strategic move is projected to raise up to $3 billion, marking one of the most significant share sales in the Middle East and North Africa region since Saudi Aramco’s $12.3 billion offering in June of the previous year.

The offering is set to commence immediately and is expected to conclude on Friday, February 21, 2025. It will be open to qualified institutional and other investors across various countries, including the United Arab Emirates. The final number of shares to be placed and the offering price will be determined at the close of the book-building process, in accordance with the Block Trade Rules of the Abu Dhabi Securities Exchange .

ADNOC currently holds a 90% majority stake in ADNOC Gas. At the last closing price of AED 3.58 per share, the offering is valued at approximately AED 11.1 billion . This initiative aligns with ADNOC’s strategic objectives to enhance the liquidity and free float of ADNOC Gas, while providing a pathway to a more diversified shareholder base and potential inclusion in major indices.

Khaled Al Zaabi, Group Chief Financial Officer at ADNOC, stated, “Since its IPO in March 2023, ADNOC Gas has consistently delivered strong growth, robust financial performance, and superior shareholder returns. As a world-class integrated gas processing company, ADNOC Gas is ideally positioned for further expansion.”

The offering will be subject to a customary 180-day lock-up period for both ADNOC and ADNOC Gas, subject to certain exceptions and unless waived by the joint global coordinators. Major financial institutions, including BofA Securities, Citi, EFG-Hermes, First Abu Dhabi Bank, HSBC, and International Securities, are acting as joint global coordinators and joint bookrunners for this offering.

This move follows ADNOC Gas’s initial public offering in March 2023, which raised approximately $2.5 billion, marking one of the region’s largest IPOs at that time. The company was formed earlier that year by consolidating various gas processing operations into a single entity, aiming to streamline operations and enhance efficiency.

In May of the previous year, ADNOC also raised $935 million by selling a 5.5% stake in its drilling unit to institutional investors, reflecting the company’s ongoing strategy to monetize assets and attract foreign investment.

ADNOC Gas operates an extensive network, managing over 3,000 kilometers of pipeline infrastructure and 26 processing trains. The company plays a crucial role in processing and distributing natural gas within the UAE and to international markets. The funds raised from this stake sale are expected to support ADNOC Gas’s ambitious growth plans, including expanding its processing capacities and exploring new markets.

The energy sector in the UAE has seen significant foreign direct investment in recent years. In 2019, ADNOC attracted major investments from U.S. asset managers BlackRock and KKR, as well as Italian firm Eni, collectively bringing in billions of dollars. These investments have been pivotal in expanding ADNOC’s infrastructure and operational capabilities.

The decision to divest a portion of ADNOC Gas aligns with the company’s broader strategy to optimize its portfolio, enhance capital efficiency, and provide attractive opportunities for global investors. As the global energy landscape continues to evolve, ADNOC remains committed to adapting its business model to meet emerging challenges and capitalize on new opportunities.

The Abu Dhabi Investment Office has entered into a strategic partnership with China’s leading financial information services provider, Wind Information, to enhance investment intelligence and deepen economic relations between Abu Dhabi and China. This collaboration was formalized during the Abu Dhabi Investment Forum held in Shanghai, underscoring Abu Dhabi’s commitment to strengthening its economic connections with China’s financial sector.

As part of the agreement, Wind Information will serve as ADIO’s preferred knowledge partner in China, offering investors improved access to the dynamic investment landscapes of both regions. The partnership aims to facilitate the exchange of financial market intelligence and investment insights, providing Chinese investors and family offices with comprehensive research and analysis on key market opportunities. Wind Information will actively link ADIO with prominent investors and financial institutions in China, while ADIO will assist Abu Dhabi-based investors in exploring prospects within the Chinese market. Additionally, both organizations plan to co-host investment forums in the UAE and China to promote opportunities and strengthen bilateral ties.

His Excellency Badr Al Olama, Director-General of ADIO, emphasized the significance of this partnership, stating that it reinforces Abu Dhabi’s dedication to enhancing economic ties with China and creating a seamless investment ecosystem. He highlighted that by providing access to market data and financial insights, Abu Dhabi ensures an environment where investors can thrive, make informed decisions, and contribute to the sustainable growth of both economies.

Li Zhou, Co-Founder of Wind Information, expressed commitment to connecting capital markets and investment opportunities between China and the world. He noted that the collaboration with ADIO would empower investors with data-driven insights, enhancing the investment corridor between China and the UAE.

In a related development, ADIO has also signed a strategic partnership with Fosun International Limited, a global innovation-driven consumer group, to expedite the expansion of Fosun’s subsidiaries into Abu Dhabi and the broader Middle East. This agreement, announced at the same forum in Shanghai, aims to strengthen economic ties and reinforce Abu Dhabi’s position as a global investment hub.

Under this partnership, ADIO will offer tailored investor support, streamlined market access, and strategic guidance to accelerate Fosun’s presence in key growth sectors within Abu Dhabi, including wealth management, fintech, premium residential real estate, and healthcare innovation. Fosun International, with a revenue of approximately $13.4 billion in the first half of 2024 and a global workforce exceeding 110,000 employees, operates across various industries such as pharmaceuticals, healthcare, tourism, insurance, financial services, and intelligent manufacturing. By establishing Abu Dhabi as a regional gateway to the Middle East, Africa, and Southeast Asia, Fosun aims to leverage the emirate’s dynamic business ecosystem and substantial investor base.

ADIO has entered into a strategic partnership with Hejun Group, one of China’s leading consulting firms, to accelerate Chinese investment in Abu Dhabi. This agreement, also announced at the Abu Dhabi Investment Forum in Shanghai, paves the way for high-growth enterprises to expand into Abu Dhabi’s thriving business environment.

Hejun Group, operating both consulting and capital activities under Hejun Capital, manages more than $2 billion in cumulative assets. The firm will introduce Abu Dhabi’s investment opportunities to its network of over 2,000 publicly listed companies and leading private enterprises in China. ADIO will provide dedicated support to these Chinese companies, facilitating their business setup and long-term growth in Abu Dhabi.

The Abu Dhabi Investment Forum in Shanghai, organized by ADIO in partnership with Abu Dhabi Global Market , served as a platform for in-depth discussions on investment opportunities in Abu Dhabi. The forum, themed “Invest with Abu Dhabi,” brought together business leaders and investors to explore the emirate’s growth potential. As one of the fastest-growing economies in the Middle East and North Africa, Abu Dhabi has increasingly become a key destination for international investments.

During the forum, participants engaged in discussions on Abu Dhabi’s role as a global financial, trade, and technology hub. Experts analyzed the emirate’s economic competitiveness and highlighted its strategic position in global capital flows, emphasizing its stable economic environment, flexible regulatory framework, and well-developed financial infrastructure, which make it an attractive destination for investors worldwide.

The discussions also addressed Abu Dhabi’s expanding role in facilitating international trade and strengthening global supply chains. Participants explored the emirate’s rapid advancements in technological innovation, particularly in financial technology, artificial intelligence, blockchain, and digital transformation.

Matein Khalid Who would have thought that an elegiac hillbilly like J.D. Vance would articulate the requiem for the Western Alliance and NATO at Munich even as Donald Trump prepares for his alpha male sword dance in the Saudi desert, though I really hope POTUS-47 does not try to take on Putin in judo because the little guy is a certified black belt, who can pulverize DonnyT […]

“Thermo Earth of Love Project” to Enhance Surface Temperature Observation and Advance its Solutions Further TOKYO, JAPAN – Media OutReach Newswire – 20 February 2025 – On January 27, 2025, Tenchijin announced the launch of “Thermo Earth of Love Project,” a proprietary satellite program aimed at enhancing surface temperature monitoring capabilities. The company’s satellite is scheduled for launch in 2027. Thermo Earth of Love Project – LST […]

HONG KONG SAR – Media OutReach Newswire – 20 February 2025 – The Chinese University of Hong Kong (CUHK) has achieved its highest-ever rankings: 44th in the Times Higher Education (THE) World University Rankings 2025 and 36th in the QS World University Rankings 2025. Through its Faculty of Medicine, CUHK demonstrates how academic excellence translates into meaningful improvements in people’s lives. The Faculty of Medicine (CU Medicine), […]

By Nitya Chakraborty February 2025 is not just the moment of truth for the European nations and NATO members but also time for reckoning for the Global Left and the peace movement which are still sizing up the dimension of the impact of U.S. President Donald Trump’s emergence as a peacenik to end the three […]
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