Global Pulse

标签： Asia

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  • Sheikh Mohammed announces programme to attract 1,000 international companies

    Sheikh Mohammed announces programme to attract 1,000 international companies

    In a significant move to bolster its economic landscape, the UAE has unveiled a comprehensive initiative aimed at attracting 1,000 of the world’s most successful international trade companies. Spearheaded by Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, the programme was announced on Thursday, November 20, 2025. This strategic effort is designed to enhance the UAE’s position as a global trade hub and stimulate foreign direct investment (FDI).

    On the preceding day, Sheikh Mohammed introduced the National Investment Fund, which boasts an initial capital of Dh36.7 billion. This fund is set to play a pivotal role in achieving the UAE’s ambitious economic targets by increasing annual FDI from Dh115 billion to Dh240 billion by 2031. The fund will offer attractive financial incentives to lure international businesses, thereby fostering economic growth and diversification.

    In addition to the investment fund, Sheikh Mohammed revealed plans for a cutting-edge digital platform. This platform will serve as a bridge connecting thousands of UAE-based export companies with overseas markets, providing them with expanded opportunities to showcase their products and access new markets. “This initiative will further cement the UAE’s status as a vital node in global trade networks,” Sheikh Mohammed stated in a post on X (formerly Twitter).

    The UAE’s foreign trade has already demonstrated impressive growth, surging to Dh5.23 trillion in 2024—a 49% increase from Dh3.5 trillion in 2021. Service exports, particularly in the digital sector, have been a key driver of this success, contributing Dh650 billion in 2024, with digital services alone accounting for Dh191 billion.

    This dual-pronged approach—combining financial incentives with digital innovation—underscores the UAE’s commitment to maintaining its competitive edge in the global economy. The programme is expected to create new opportunities for both local and international businesses, reinforcing the UAE’s reputation as a dynamic and forward-thinking economic powerhouse.

  • Photos: Planes, drones make spectacular displays, light up sky at Dubai Airshow 2025

    Photos: Planes, drones make spectacular displays, light up sky at Dubai Airshow 2025

    The Dubai Airshow 2025, held on November 20, 2025, captivated audiences with an extraordinary showcase of aviation prowess. The event featured a breathtaking array of aircraft and drones, illuminating the skies with precision and artistry. Spectators were treated to a series of meticulously choreographed aerial displays, highlighting the latest advancements in aviation technology. From cutting-edge drones to state-of-the-art planes, the show underscored Dubai’s position as a global hub for innovation and entertainment. The event not only celebrated the marvels of modern aviation but also served as a platform for industry leaders to network and explore future collaborations. The Dubai Airshow 2025 was a testament to the city’s commitment to hosting world-class events that blend technology, creativity, and spectacle.

  • Weatherald and Doggett to debut for Australia in Ashes opener

    Weatherald and Doggett to debut for Australia in Ashes opener

    In a significant shake-up for the Australian cricket team, Jake Weatherald and Brendan Doggett are set to make their Test debuts in the first Ashes match against England in Perth. This marks the first time since January 2019 that Australia has handed out two new baggy green caps in a single Test. The announcement was made by stand-in captain Steve Smith during his pre-match press conference at Perth Stadium on Thursday, ending months of speculation about the team’s composition. Weatherald, an opening batter, will partner with Usman Khawaja at the top of the order, while Doggett, a pace bowler, steps in for the injured Josh Hazlewood. Cameron Green’s recovery from injury has also influenced the selection, leaving no room for all-rounder Beau Webster. Marnus Labuschagne will bat at his preferred number three position, with Smith and Travis Head following. The pace attack, weakened by injuries, will feature Mitchell Starc, Scott Boland, and Doggett. Smith expressed optimism about the newcomers, highlighting their hard work and potential to make an impact. Weatherald, 31, brings recent strong form from domestic cricket, while Doggett, also 31, has consistently performed in the Sheffield Shield. Their inclusion also marks a historic moment, as Australia will field two indigenous players in a Test team for the first time.

  • From one Harry Potter to another: Daniel Radcliffe wishes Dominic McLaughlin

    From one Harry Potter to another: Daniel Radcliffe wishes Dominic McLaughlin

    The upcoming Harry Potter TV series has been generating significant excitement since its announcement, and the anticipation has only grown with the recent revelation that Daniel Radcliffe, the original Harry Potter, has reached out to the new lead actor, Dominic McLaughlin. Radcliffe, who famously portrayed the iconic character in the film franchise, shared during an appearance on Good Morning America that he wrote a letter to McLaughlin after the young actor was cast in the role. ‘I wouldn’t say that anyone who is going to play Harry has to [reach out to me], but I know a few people working on the production. I wrote to Dominic and sent him a letter, and he sent me a very sweet note back,’ Radcliffe told Variety. He emphasized that he doesn’t want to overshadow the new cast but simply wanted to offer his support. ‘I just wanted to write to him to say, ‘I hope you have the best time, and an even better time than I did—I had a great time, but I hope you have an even better time.’ Radcliffe also expressed his admiration for the young cast, saying, ‘I just see these pictures of him and the other kids, and I just want to hug them. They just seem so young. I just look at them and say, ‘Oh, it’s crazy I was doing that at that age.’ But it’s also incredibly sweet, and I hope they’re having a great time.’ The new series, which began filming in July, features an impressive ensemble cast, including Arabella Stanton as Hermione, Alastair Stout as Ron, John Lithgow as Albus Dumbledore, Paapa Essiedu as Professor Snape, Johnny Flynn as Lucius Malfoy, and Bel Powley as Petunia Dursley. The series is set to premiere on HBO in 2027.

  • Israeli air strikes pummel Gaza less than 48 hours after UN adopts Trump’s plan

    Israeli air strikes pummel Gaza less than 48 hours after UN adopts Trump’s plan

    Israeli air strikes intensified in the besieged Gaza Strip on Wednesday, resulting in the deaths of at least 33 Palestinians, including 20 women and children. The attacks occurred less than 48 hours after the UN Security Council endorsed a US-drafted resolution aimed at implementing a ceasefire and establishing a transitional authority in Gaza. Israeli fighter jets targeted tents sheltering displaced Palestinians in Khan Younis and homes in Gaza City, leaving over 70 people wounded. Shelling continued into Thursday morning, with most casualties reported in Khan Younis. The Palestinian group Hamas condemned the strikes as a ‘massacre’ and accused Israeli Prime Minister Benjamin Netanyahu of seeking to escalate violence. The Israeli military claimed the strikes were in response to troops coming under fire in Khan Younis, though no injuries among Israeli soldiers were reported, and no Palestinian groups claimed responsibility for any attacks. Hamas accused Israel of fabricating the allegations to justify its actions. Since the ceasefire began on October 11, Israel has been accused of over 400 violations, including direct gunfire, aerial shelling, and demolitions of civilian structures. The Rafah crossing remains closed, preventing the wounded from receiving treatment abroad. The UN resolution, which authorizes a Trump-led transitional authority to govern Gaza, has been criticized by Palestinians and legal experts as a form of colonialism.

  • Scientists design new coating for rare earth materials to glow when powered by electricity

    Scientists design new coating for rare earth materials to glow when powered by electricity

    A groundbreaking study has unveiled a novel coating that allows rare earth materials to emit light when powered by electricity. This innovation, spearheaded by a collaborative team from Heilongjiang University, Tsinghua University, and the National University of Singapore, was recently published in the prestigious journal Nature. Rare earth nanocrystals, known for their vibrant and stable light emission, have traditionally been limited in electric-driven applications like LEDs and OLEDs due to their insulating properties. ‘It’s akin to running in a heavy winter coat,’ explained Han Sanyang, an associate professor at Tsinghua University, highlighting the challenge of electricity reaching these materials. The team’s solution involves a specialized molecular coating that acts as an ‘energy-conversion layer,’ efficiently transferring electrical energy to the nanocrystals, which then produce adjustable, high-purity light. This breakthrough paves the way for applications in human health monitoring, non-invasive testing, and agricultural lighting. The researchers are now refining the technology, particularly for healthcare and infrared uses.

  • Mainland official slams Japan’s remarks on Taiwan

    Mainland official slams Japan’s remarks on Taiwan

    A senior Chinese official has strongly criticized Japan for its unwarranted comments on Taiwan, emphasizing that Taiwan is an inalienable part of China. Song Tao, the head of both the Taiwan Work Office of the Communist Party of China Central Committee and the Taiwan Affairs Office of the State Council, made these remarks during a cross-Strait exchange event in Chengdu, Sichuan province. Song reiterated that the resolution of the Taiwan issue is a matter solely for the Chinese people, and no external forces have the right to interfere. He asserted China’s unwavering determination and capability to thwart any ‘Taiwan independence’ separatist activities and external interventions, safeguarding national sovereignty and territorial integrity. Song also condemned the Democratic Progressive Party (DPP) authorities for disregarding historical facts, opposing the will of the people, and persistently advocating for ‘Taiwan independence.’ He accused the DPP of aggressively promoting separatist rhetoric and inciting cross-Strait confrontation, which has jeopardized peace in the Taiwan Strait and challenged the one-China principle. Song emphasized that China’s reunification is an inevitable historical trend, regardless of provocations from ‘Taiwan independence’ forces or external interference. He expressed hope that Taiwanese compatriots would continue to uphold their patriotic traditions.

  • Dubai: From sunrise workouts to karaoke nights, 7 must-try things this weekend

    Dubai: From sunrise workouts to karaoke nights, 7 must-try things this weekend

    Dubai is buzzing with a variety of activities this weekend, catering to diverse interests and energy levels. Whether you’re looking to boost your fitness, enhance your skills, or simply enjoy some leisure time, here are seven must-try experiences in the city. **1. Pilates & Power**: Kick off your weekend with a high-energy Pilates session hosted by Joe & the Juice and Gray Wellness Club at Mall of the Emirates. The 45-minute workout on November 22 at 7am combines stretching and strength training, followed by complimentary juices or coffee. Open to all fitness levels, with free spots for the first 30 sign-ups. **2. Dim Sum DIY**: The Noodle House is bringing back its popular dim sum masterclass series. Learn the art of dumpling-making with Chef Fetty at JBR and Palm Jumeirah Mall locations. Each session includes a welcome iced tea, a basket of dim sum, and takeaway souvenirs. Limited spots available; Dh130 for adults, Dh80 for kids. **3. Personal Branding 101**: The Brand Me Summit returns to Canadian University Dubai on November 22–23, featuring over 5,000 attendees and 60+ global leaders. This year’s event includes a collaboration with UNHCR, pledging 10% of proceeds to refugee education. Expect world-class keynotes, networking, and mentorship opportunities. **4. Glow Sip**: Feels and Tower 28 are hosting a four-day pop-up at Kite Beach, featuring a limited-edition collagen citrus drink. Available from November 20–23, every purchase comes with a complimentary mini mist and exclusive stickers. **5. Sing in Style**: Experience luxury karaoke at Adaline in DIFC, blending a speakeasy vibe with red-velvet interiors and a world-class sound system. Open Tuesday to Sunday from 9pm. **6. Beach Burn**: The Beach JBR is hosting a full-throttle fitness lineup as part of the Dubai Fitness Challenge. Join celebrity trainer Jason Grima and Virgin Radio’s Priti Malik for sunrise sessions on November 22. **7. White Friday Frenzy**: Amazon.ae’s biggest shopping event of the year runs from November 20–30, offering millions of deals across various categories. Prime members enjoy extra savings and fast delivery through Amazon Now.

  • Oman National Day: UAE President, Sheikh Mohammed congratulate Sultanate

    Oman National Day: UAE President, Sheikh Mohammed congratulate Sultanate

    Oman is set to commemorate its 55th National Day with grand celebrations, including a military parade in Muscat and fireworks across the nation. On this significant occasion, UAE President Sheikh Mohamed bin Zayed Al Nahyan conveyed heartfelt congratulations to Oman’s Sultan Haitham bin Tariq, emphasizing the enduring friendship between the two Gulf nations. In his message, Sheikh Mohamed expressed optimism about further strengthening bilateral ties to ensure mutual progress and prosperity. Similarly, Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, extended his felicitations, sharing a photo of Sultan Haitham and highlighting the shared heritage and accelerated development of Oman. Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, also sent a congratulatory message, reinforcing the deep-rooted bonds between the UAE and Oman. The celebrations underscore the unity and camaraderie that define the relationship between these neighboring countries.

  • New study shows global luxury shoppers are spurning high-end brands over steep price hikes

    New study shows global luxury shoppers are spurning high-end brands over steep price hikes

    The global luxury goods market is poised for its second consecutive year of contraction, with sales projected to drop by 2% to 358 billion euros ($412 billion) in 2024, according to a recent report by Bain & Co. This decline, the first two-year slowdown since the 2008-09 financial crisis, reflects a growing consumer rebellion against steep price increases and a lack of innovation in high-end products. The report, released on Thursday, highlights a shift in consumer behavior, with affluent buyers opting for more accessible and ethically priced brands rather than traditional luxury labels. Claudia D’Arpizio, a Bain partner and co-author of the study, noted that while the situation is not catastrophic, it underscores a misalignment between price and value in the luxury sector. Post-pandemic sales peaked at 369 billion euros in 2023, but Bain analysts now view this as a bubble. Despite the recent downturn, the market remains 25% larger than in 2019, before the pandemic disrupted sales. Looking ahead, Bain forecasts a modest rebound of 3% to 5% in 2025, driven by strong financial markets in the U.S. and a recovery in China. However, regional disparities persist: the U.S. market is expected to remain flat at around 101 billion euros, while Europe faces slight contraction to 108 billion euros. Mainland China and Japan are projected to slow by up to 8%, while the Middle East, led by Dubai, is anticipated to grow by 4% to 6%. Globally, inflated prices and a creativity crisis have cost luxury brands 60 to 70 million customers over the past two years, reducing the customer base by 18% to 330 million less loyal shoppers. Footwear and handbags, categories hit hardest by price hikes, have suffered the most. The luxury market is also experiencing extreme polarization, with ultra-high-net-worth individuals (those with personal wealth above 30 million euros) proving the most resilient. This group, numbering around 400,000 people, has alienated other consumers, as brands increasingly cater to this elite segment. Social media has further amplified ethical concerns about luxury spending, with many questioning the justification for high prices. D’Arpizio emphasized that luxury brands must redefine their customer focus and reestablish themselves as symbols of self-actualization and social improvement to regain broader consumer trust.