Arabian Post Staff -Dubai Abu Dhabi National Oil Co is moving oil, gas and refined fuel cargoes out of the Gulf through the Strait of Hormuz using ships linked to its own logistics network, keeping a limited export channel open while one of the world’s most important energy corridors remains under severe strain. Ship-tracking data indicates that vessels associated with ADNOC Logistics & Services have crossed or […]
For many Pakistani families residing across the GCC, conversations around long-term residency planning have started to change in recent months. While the UAE remains one of the world’s leading destinations for expatriates and international business, broader regional developments appear to be pushing more families to think about what additional long-term options may look like outside the region. The Strait of Hormuz has once again become part of […]
Gold prices advanced by more than 1 per cent on Monday as a weaker dollar and a sharp fall in crude oil prices strengthened demand for bullion, with investors reassessing inflation risks and the likely course of US monetary policy amid signs of progress in Washington’s talks with Tehran. Spot gold traded near $4,560 an ounce, extending gains after the dollar slipped against major currencies and oil […]
Arabian Post Staff -Dubai Abu Dhabi has gained a new artificial intelligence venture aimed at removing one of the most persistent barriers facing deaf and hard-of-hearing people: the absence of instant, affordable sign-language interpretation in everyday public services. New York University Abu Dhabi has launched ChatSign, a commercial AI spin-out developed from research at its Embodied AI and Robotics Lab. The system translates spoken Arabic and English […]
UAE Minister for Foreign Trade Dr Thani bin Ahmed Al Zeyoudi used a high-level GLOBSEC Forum 2026 panel in Prague to present the country’s trade-continuity strategy as the Iran war continues to disrupt Gulf shipping, energy flows and global supply chains. Speaking during “The Ripple Effect: How the Iran War is Shaping Global Economies and Politics”, Al Zeyoudi told senior policymakers, business executives and international officials that […]
Arabian Post Staff -Dubai Dubai’s Emirates NBD Bank will open its offer on June 1 to buy up to 26 per cent of RBL Bank from public shareholders, marking the next decisive phase in one of the largest foreign investments in the country’s private banking sector. Public shareholders will be able to tender shares until June 12 under the open offer, which has been priced at ₹282.38 […]
Matein Khalid US President Donald Trump’s recent state visit to China has done little to end the stalemate in the Strait of Hormuz. If anything, Iran appears to have been emboldened enough to escalate Gulf tensions through drone strikes near the Barakah Nuclear Energy Plant in Abu Dhabi and rocket attacks targeting sites in Saudi Arabia. Brent crude trading at about $110 a barrel has coincided with a brutal sell-off […]
President Donald Trump said a proposed agreement with Iran to reopen the Strait of Hormuz has been “largely negotiated”, raising hopes of a diplomatic breakthrough after months of conflict disrupted one of the world’s most important energy routes. Final terms are still being discussed among Washington, Tehran and regional governments, with an announcement expected once the remaining points are settled. Trump said the framework followed calls with […]
Ras Al Khaimah’s first university research and innovation awards have drawn 189 submissions, giving the emirate a new platform to connect student ideas with national priorities in technology, sustainability, healthcare and advanced industry. The inaugural RAK Award for Excellence in University Research and Innovation 2026, organised by the American University of Ras Al Khaimah, brought together entries from 20 universities across the UAE. Of those, 94 projects […]
A loaded liquefied natural gas tanker has crossed out of the Strait of Hormuz bound for India, marking the country’s first confirmed LNG shipment from the Persian Gulf since the Iran war disrupted one of the world’s most important energy corridors.
The Al Hamra, operated by ADNOC Logistics & Services, was tracked leaving the Gulf with a cargo headed towards western India after weeks of restricted tanker movements through the narrow waterway. The vessel had stopped transmitting its position around April 19, when it was empty and near the eastern entrance of Hormuz, before reappearing with indications that it had loaded and moved through the passage.
The shipment is significant because it points to a cautious reopening of Gulf energy trade for selected cargoes, even as shipping remains constrained by security checks, insurance costs and uncertainty over whether the waterway can return to normal operations. The Strait of Hormuz links the Persian Gulf with the Gulf of Oman and the Arabian Sea, making it the most sensitive maritime route for Gulf oil and gas exports to Asia.
For India, the transit offers limited relief after weeks of pressure on energy logistics. The country relies heavily on imported LNG to supply fertiliser plants, city gas networks, refineries, power producers and industrial users. Western India, where several import terminals are located, is a critical landing point for Gulf cargoes because of its proximity to major gas-consuming states and pipeline networks.
The war that began on February 28 led to a sharp fall in tanker traffic through Hormuz, leaving ships idle inside the Gulf and forcing buyers to consider alternative cargoes from outside the region. LNG, crude oil and liquefied petroleum gas flows were all affected, with importers seeking supplies from the United States, Africa and Southeast Asia where available. The disruption came at a sensitive time for Asian buyers, with summer demand rising and spot cargoes becoming more costly.
Around one-fifth of global LNG trade passes through Hormuz in normal conditions. Qatar is the dominant LNG exporter through the route, while the UAE also ships cargoes from its Das Island facility. Asia receives the overwhelming share of Hormuz-linked LNG, with China, India and South Korea among the leading destinations. Any sustained restriction therefore has an immediate effect on Asian gas pricing and supply planning.
India’s LNG import system has expanded over the past decade, but dependence on seaborne supply remains a strategic vulnerability. The country has operational terminals at Dahej, Hazira, Dabhol, Kochi, Ennore, Mundra and Dhamra, with combined capacity of nearly 48 million tonnes a year. Dahej in Gujarat remains the most important facility, serving fertiliser units, refineries, power plants and city gas distributors across northern and western markets.
The Al Hamra movement follows earlier signs that limited LNG traffic had resumed through the chokepoint. The Mubaraz, another LNG tanker linked to the UAE, crossed out of the Gulf in late April after weeks of inactivity, becoming the first loaded LNG shipment to exit Hormuz since the conflict began. A second ADNOC-linked LNG tanker followed in early May, showing that Gulf suppliers were testing the scope for controlled departures.
Shipping executives and energy traders remain cautious, however. Vessel owners are facing higher war-risk premiums, tighter routing decisions and uncertainty over whether transponders should remain active in conflict-sensitive waters. Some tankers have switched off tracking systems for security reasons, making it harder for buyers and market participants to confirm loading and transit details in real time.
India has also been dealing with pressure in LPG supply, a politically sensitive segment because of household cooking fuel demand. Several LPG cargoes linked to India were stranded or delayed after the Hormuz disruption, prompting authorities to prioritise the return of ships already inside the Gulf before sending more vessels into the area. That approach reflects a broader effort to balance energy security with crew safety and insurance exposure.
Masdar has signed an agreement with China’s Sungrow to supply battery energy storage and photovoltaic inverter systems for Abu Dhabi’s round-the-clock renewable energy project, strengthening the supply chain behind one of the world’s most ambitious attempts to make solar power available as firm baseload electricity. The agreement covers 7.5 gigawatt-hours of Sungrow’s PowerTitan 3.0 battery energy storage systems and 2.6 gigawatts of PV inverter solutions. The equipment […]
Arabian Post Staff -Dubai President Donald Trump has said a peace agreement with Iran is close to completion, raising expectations of a diplomatic breakthrough that could reopen the Strait of Hormuz after months of conflict disrupted one of the world’s most important energy corridors. Trump wrote on Saturday that an agreement had been “largely negotiated” but remained subject to finalisation between the United States, Iran and other […]
Dogecoin’s volatile online following has seized on a playful remark by co-creator Billy Markus after he floated the idea of a $20 trillion valuation for DOGE, reigniting speculative debate around the meme token even as its market price remains near a fraction of its 2021 peak. Markus, who posts on X under the name Shibetoshi Nakamoto, is known for sharp, ironic commentary on cryptocurrency culture. His latest […]
Dubai Maritime City has opened Maritime Business Centre 2, an AED160 million commercial tower designed to add premium office capacity to DP World’s maritime, logistics and trade ecosystem at a time of sustained demand for Grade A workspace across the emirate. The new tower, located in the Commercial District of Dubai Maritime City, was completed in 20 months and had secured leasing commitments for 78 per cent […]
Abu Dhabi’s International Holding Company has completed a Dhs110m transaction using DDSC on ADI Chain, marking one of the first live institutional-scale tests of a UAE dirham-backed stablecoin on a regulated blockchain infrastructure. The transfer, valued at about $30m, was executed on ADI Chain, an institutional Layer-2 blockchain developed by ADI Foundation. DDSC is designed as a digital payment token backed one-for-one by UAE dirham reserves, positioning […]
Abu Dhabi has cast its departure from OPEC as a strategic move to protect national revenue before global oil demand enters a long-term decline, marking one of the sharpest shifts in Gulf energy policy in decades. The UAE ended nearly 60 years of membership in the Organization of the Petroleum Exporting Countries on May 1, stepping away from both OPEC and the wider OPEC+ framework after years […]
Arabian Post Staff -Dubai Brazilian refiner Acelen has secured $1.5 billion to begin construction of a major biofuels refinery in Bahia, advancing Abu Dhabi’s Mubadala-backed strategy to build a large-scale renewable fuels platform in Latin America. The project, led by Acelen Renováveis, is expected to start operations in 2029 and produce up to 1 billion litres a year of sustainable aviation fuel and renewable diesel. The financing […]
Anthropic PBC is moving towards closing a funding round that could exceed $30 billion at a valuation above $900 billion, a transaction that would place the Claude maker among the world’s most valuable private companies and intensify the capital race reshaping artificial intelligence. The San Francisco-based company is expected to complete the round as soon as next week, though final terms could still change. The deal, if […]
Chun Wang, co-founder of the Bitcoin mining pool F2Pool and commander of SpaceX’s Fram2 private astronaut flight, has been named for Starship’s first interplanetary human spaceflight mission, a planned Mars fly-by that places a cryptocurrency entrepreneur at the centre of one of the most ambitious commercial space ventures yet announced. The mission is designed as a two-year journey beyond the Earth-Moon system, flying past Mars before returning […]
Arabian Post Staff -Dubai Abu Dhabi’s exit from OPEC has placed the UAE at the centre of a wider debate over how Gulf producers should manage oil wealth as long-term demand faces pressure from the energy transition. Anwar Gargash, diplomatic adviser to President Sheikh Mohamed bin Zayed Al Nahyan, said the decision was shaped over three years and reflected the leadership’s view that the world is approaching […]
OKX is moving beyond digital assets into oil-linked derivatives through a partnership with Intercontinental Exchange, marking a fresh step in the convergence of crypto trading platforms and traditional commodity markets. The crypto exchange plans to introduce perpetual futures contracts tied to ICE Brent Crude and ICE WTI Crude benchmarks, giving eligible users exposure to two of the world’s most closely watched oil price references without using conventional […]
Recognition reflects TDCX’s evolution into a global firm helping clients navigate digital and AI transformation with a combination of human expertise, intelligent technology, and operational precision
SINGAPORE – Media OutReach Newswire – 22 May 2026 – TDCX, a leading global customer experience (CX) solutions firm, has been named to the Outsource Accelerator (OA) 500 2026 Index Top 50, marking its fourth consecutive year on Outsource Accelerator’s global ranking of leading business process outsourcing firms. The OA500 evaluated 3,369 BPO companies worldwide across more than 20 performance metrics over a 15-month assessment period, drawing on independent data sources including Crunchbase, Glassdoor, LinkedIn, and ZoomInfo.
The recognition comes in TDCX’s 30th anniversary year and seven months after the company unveiled its refreshed brand and Enable the Future positioning. The new identity reflects TDCX’s evolution into a global firm helping clients navigate digital and AI transformation with a combination of human expertise, intelligent technology, and operational precision.
Mr. Laurent Junique, founder and CEO of TDCX, said: “Outsourcing is shifting from cost arbitrage to capability arbitrage. The companies that win in this market will be the ones that combine deep human expertise with intelligent technology, and bring them together with judgment. Four consecutive years in the OA500 Top 50 says TDCX is doing that in a way the market recognizes.”
Mr. Derek Gallimore, founder and CEO of Outsource Accelerator, said: “TDCX’s fourth consecutive year in the OA500 Top 50 reflects something rare in this industry: sustained, disciplined execution paired with real strategic evolution. They’ve moved decisively beyond traditional CX into digital and AI-enabled service for some of the world’s most demanding brands. As outsourcing shifts from headcount to outcomes, TDCX is one of the operators best placed to lead that transition.”
The OA500 Index assesses BPO firms across criteria including global delivery footprint, online presence, employee sentiment, LinkedIn engagement, third-party analyst data, and operational benchmarks. With more than 20,000 employees across 37 campuses spanning Asia, Europe, and the United States, TDCX serves clients in digital advertising and social media, e-commerce, fintech, gaming, healthtech, media, technology, and travel and hospitality.
The issuer is solely responsible for the content of this announcement.
About TDCX
Singapore-headquartered TDCX is a leading global customer experience solutions firm that provides customer experience (CX) solutions, sales and digital marketing services, and content moderation for clients across various industries. These include digital advertising and social media, e-commerce, fintech, gaming, healthtech, media, technology and, travel and hospitality.
With a focus on helping companies enable the future, TDCX’s smart, scalable approach, driven by innovation and operational precision, positions it as a key partner for companies targeting tangible outcomes. With more than 20,000 employees across 37 campuses worldwide, TDCX provides its clients with comprehensive coverage in Asia, Europe and the Americas.
Seychelles and Bangladesh have moved to accelerate bilateral cooperation, with pending agreements and memoranda of understanding now expected to take clearer shape this year after talks in Victoria between Bangladesh High Commissioner Dr Zokey Ahad and Seychelles Foreign Affairs and Diaspora Minister Barry Faure. The meeting, held on 21 May at Maison Quéau de Quinssy, centred on formalising cooperation frameworks that have been under discussion since Dr […]
BANGKOK, THAILAND – Media OutReach Newswire – 22 May 2026 – Thai Cement Manufacturers Association (TCMA) marked a significant national milestone in advancing the decarbonization of Thailand’s cement and concrete industry toward Net Zero 2050. This progress is driven by strong collaboration among government agencies, industry players, and international partners under the “Decarbonization of the Cement and Concrete Sectors in Thailand” project, while accelerating the adoption of technology, innovation, and green investment to enhance competitiveness and support long-term economic growth.
Dr. Chana Poomee, Honourary Chairman of TCMA and President of ASEAN Federation of Cement Manufacturers (AFCM), stated that today’s “National Milestone” reflects the power of collaboration at both national and international levels. The initiative is led by the United Nations Industrial Development Organization (UNIDO), in partnership with TCMA and key Thai government agencies, including the Department of Climate Change and Environment and the Department of Industrial Works, with financial support of CAD 8 million from the Government of Canada through Environment and Climate Change Canada (ECCC), to accelerate tangible greenhouse gas reductions in the cement and concrete sector.
TCMA, as the industry representative, serves as a central platform connecting stakeholders across the entire value chain, driving the implementation of the “Thailand 2050 Net Zero Cement and Concrete Roadmap.” This aligns with Thailand’s NDC 3.0 targets, strengthening industrial competitiveness, attracting green investment, and fostering sustainable economic growth.
“Decarbonization is not only a pressing challenge but also a strategic opportunity to enhance national competitiveness. The progress achieved under this project spans policy development, innovation, technology deployment, standards, and capacity building-key enablers that will accelerate the industry’s transition toward Net Zero”, Dr. Chana said.
A key technological advancement under the project is the introduction of the Mobile Carbon Capture Unit (MCCU) from CETRI, Canada. This advanced and flexible technology is designed for real-world industrial operations and will be piloted starting in June, rotating across cement plants of TCMA members in the SARABURI SANDBOX. The pilot aims to validate performance under diverse operational conditions and pave the way for large-scale industrial application.
“The deployment of MCCU in Thailand highlights the strength of international collaboration in bringing advanced technologies into real-world application. It accelerates learning-by-doing, validates technological performance, strengthens local technical capabilities, and reduces investment risks-laying a strong foundation for future scale-up”, Dr. Chana added.
From an investment perspective, the development of technology-ready and standards-aligned projects enhances investor confidence, increases the attractiveness of green investment, and improves access to sustainable finance-key drivers in accelerating the industry’s transition to Net Zero.
TCMA continues to advance the industry under a “Collaborative Mindset-Action-Value,” promoting the systematic adoption of low carbon technologies, including low carbon cement innovations such as Limestone Calcined Clay Cement (LC3), Carbon Capture, Utilization and Storage (CCUS). These solutions not only reduce emissions but also improve efficiency, lower long-term costs, and strengthen global competitiveness.
At the regional level, TCMA is expanding its role through AFCM by fostering collaboration and advancing the AFCM Decarbonization Roadmap, which serves as a shared framework to reduce carbon emissions across ASEAN’s cement industry while enhancing regional technology, standards, and competitiveness.
“As President of the AFCM, TCMA is committed to driving ASEAN toward becoming a low carbon region by leveraging collaboration as a key mechanism to accelerate technology transfer, strengthen the industry capabilities, and unlock new regional economic opportunities”, Dr. Chana said.
TCMA reaffirmed its commitment to strengthening collaboration and welcoming international support in both technology and finance to accelerate the transition toward a low carbon industry, while enhancing Thailand’s competitiveness on the global stage.