标签: Asia

亚洲

  • Tabby announces completion of secondary share sale

    Tabby announces completion of secondary share sale

    Tabby, the Riyadh-based financial technology company, has successfully concluded a secondary share sale, solidifying its valuation at an impressive $4.5 billion. The transaction, announced on Tuesday, involved the acquisition of shares by HSG, Boyu Capital, and other investors from existing shareholders. Notably, no new shares were issued, and the company did not receive any proceeds from the sale. This strategic move underscores the confidence of investors in Tabby’s growth trajectory and market potential. Tabby, renowned for its innovative financial services, empowers millions across the Middle East to manage their finances effectively. With over 40,000 global brands, including giants like Amazon, Adidas, and IKEA, leveraging its technology, Tabby has become a pivotal player in the region’s fintech landscape. The company’s CEO, Hosam Arab, expressed pride in welcoming new shareholders who align with Tabby’s vision. Rock Wang of HSG and Joey Chen of Boyu Capital lauded Tabby’s market acumen and product innovation, highlighting its leadership in the burgeoning fintech sector.

  • Educational exchanges to play a key role in strengthening China-US ties

    Educational exchanges to play a key role in strengthening China-US ties

    Educational exchanges between China and the United States are set to play a crucial role in fostering stronger bilateral ties, according to officials and experts. This sentiment was highlighted during a sub-forum at the 7th China-US Sister Cities Conference held in Hangzhou, Zhejiang province, on October 27, 2025. Natalie Mihalek, a member of the Pennsylvania House of Representatives, emphasized the importance of such exchanges in bridging cultural and ideological divides. ‘In a world that feels increasingly divided, a conference like this reminds us that knowledge knows no borders,’ she stated. Mihalek further noted that when students and teachers from different countries share classrooms, ideas, and experiences, they cultivate empathy, communication, and understanding. For decades, educational collaborations have enabled students from both nations to gain new skills and perspectives on each other’s history and culture, enriching local communities. Brigham Young University (BYU) serves as a prime example, having collaborated with China for over 40 years. In 1979, a group of BYU student performers visited China, marking one of the first Western performing arts groups to do so in years and establishing a foundation for regular exchanges. Since then, thousands of BYU students and faculty have studied, lived, and performed in China, according to Jeff Ringer, the university’s associate international vice-president. In 1989, BYU initiated the China Teachers Program, which has seen over 2,000 BYU teachers educate hundreds of thousands of Chinese students, fostering lifelong friendships and deepening cultural understanding. Another notable example is Wenzhou-Kean University, a joint project between Zhejiang province and the state of New Jersey, which offers an immersive Chinese cultural experience for international, particularly American, students. Despite these successes, challenges remain. Susan Thornton, vice-chair of the US Heartland China Association, pointed out that fewer American students are studying in China today, and communities across the US Midwest have limited opportunities to engage with Chinese culture. ‘If we are to sustain the foundation of trust and cooperation between our people, that has to change,’ she asserted. Additionally, Chinese students face obstacles such as visa processing when traveling to study in the US. Mihalek stressed the importance of keeping education at the center of the China-US partnership, stating, ‘The more we learn together, the more we grow together, and the more peaceful and prosperous the shared world will be.’

  • Expo highlights potatoes’ vital role in food security and farmers’ income

    Expo highlights potatoes’ vital role in food security and farmers’ income

    The 15th China International Potato Expo and the 3rd Weifang International Food and Agricultural Products Expo commenced on Monday in Weifang, Shandong province, spotlighting the potato industry’s critical role in global food security and economic development. The event, which attracted participants from 26 countries and regions, including the Netherlands, Peru, Russia, South Korea, and Brazil, emphasized the crop’s significance beyond its status as a staple food.

    In his opening remarks, Tao Huaiying, China’s national chief veterinary officer of the Ministry of Agriculture and Rural Affairs, highlighted the potato industry’s dual role in ensuring food security and boosting farmers’ incomes. He noted that China, a leading producer of diverse potato varieties such as potatoes, sweet potatoes, and cassava, is pivotal in addressing global food challenges. Tao called for enhanced international collaboration in key technological areas, including bio-breeding, smart agriculture, and green farming, to optimize resource allocation and extend industrial chains.

    Zhang Hongqi, director of the Shandong Provincial Department of Agriculture and Rural Affairs, underscored Shandong’s prominence in the potato sector, producing over 7 million metric tons annually and processing approximately 5.5 million tons of potatoes and sweet potatoes. He highlighted the region’s innovative approach, transforming a single sweet potato into more than 40 products, thereby creating added value at multiple stages.

    Carlos Aldeco, a representative of the Food and Agriculture Organization of the United Nations in China, emphasized the expo’s broader significance as a platform for dialogue, innovation, and partnership. He pointed out that the global agri-food system faces urgent challenges from climate change, conflicts, economic shocks, and demographic transitions, making such events crucial for fostering sustainable solutions.

    The expo not only showcased potatoes and agricultural products but also served as a hub for global agricultural exchange, reinforcing the potato’s role as a vital contributor to food security, livelihoods, and sustainability worldwide.

  • Dream Media Motion hosts glamorous Dream Fashion Gala Season 2, Noor-e-Diwali

    Dream Media Motion hosts glamorous Dream Fashion Gala Season 2, Noor-e-Diwali

    Dream Media Motion recently hosted the highly anticipated Dream Fashion Gala Season 2 – Noor-e-Diwali, transforming Dubai’s Khalidia Palace Hotel into a hub of glamour and cultural celebration. Spearheaded by Namrata Kashyap, Founder and CEO of Dream Media Motion, the event exemplified her innovative approach to merging fashion, art, music, and culture into a single, unforgettable experience. The gala featured a breathtaking fashion show, a premium exhibition, and a series of dynamic entertainment performances that beautifully highlighted the fusion of Indian and Emirati traditions. Attendees were treated to thrilling competitions, including Miss & Mr. Teens, Best Dressed Male, and Best Dressed Female, alongside electrifying performances by renowned Bollywood artists. Bollywood actress Shivani Sharma added star power as the celebrity chief guest, while Sheikha Dr Hind Bint Abdulaziz Al Qasimi and a host of UAE VVIPs, dignitaries, and celebrities graced the event with their presence. With over 300–400 guests in attendance, the evening was a testament to Dubai’s vibrant fashion scene. The gala culminated in an exquisite 5-star dinner, offering a perfect blend of luxury, networking, and festivity. The event received widespread acclaim and media coverage, further cementing Dream Media Motion’s reputation as a leader in innovative and high-quality event production.

  • Rail freight rises amid steady economy

    Rail freight rises amid steady economy

    China’s railway freight sector has demonstrated robust growth in the first three quarters of 2025, reflecting the nation’s steady economic momentum. According to the China State Railway Group, the railway network transported 3.03 billion metric tons of cargo during this period, marking a 3.4 percent increase compared to the previous year. Daily loading of train cars also rose by 4.3 percent, averaging 185,300 cars per day. This growth has been attributed to the continuous optimization of logistics products and enhanced transport efficiency, which have been pivotal in supporting both domestic and international trade flows. The company has intensified efforts to advance market-oriented freight reforms and improve service quality, aligning with national strategies to modernize the logistics system and reduce costs. Key goods, particularly coal, have been prioritized, with 1.55 billion tons transported, including 1.06 billion tons for power generation, ensuring stable energy supplies. Intermodal transport has also expanded significantly, with rail-water combined transport handling 12.78 million twenty-foot equivalent units (TEUs), up 16.9 percent. Additionally, the digital freight platform now hosts 143,000 trucks, facilitating 242 million tons of rail-road combined transport. Cross-border freight has remained stable, with China-Europe freight trains making 14,500 trips and trains to Central Asia totaling 10,800, a 22.8 percent year-on-year increase. The China-Laos Railway also saw a 10.4 percent rise in cross-border cargo, further strengthening international trade links.

  • Crescent Enterprises champions global collaboration and innovation in urban transformation

    Crescent Enterprises champions global collaboration and innovation in urban transformation

    Crescent Enterprises has taken center stage as the Premier Partner of the 2025 Asia Pacific Cities Summit (APCS) and Mayors’ Forum, held at Expo City Dubai. The event brought together over 1,500 city leaders, including mayors, deputy mayors, and senior officials, alongside business and innovation leaders, to foster collaboration and share insights on sustainable urban development. Crescent Enterprises, along with its subsidiary Gulftainer, hosted an exclusive Dinner in the Desert, emphasizing the UAE’s commitment to dialogue and partnership in shaping the cities of the future. Badr Jafar, CEO of Crescent Enterprises, highlighted the UAE’s legacy of public-private collaboration, from Expo 2020 to COP28, and its dedication to sharing best practices globally. Tushar Singhvi, Deputy CEO and Head of Investments, underscored the private sector’s role in transforming cities from data-rich to decision-wise through digital infrastructure and innovation. Farid Belbouab, Group CEO of Gulftainer, discussed the transformative potential of ports and logistics in fostering sustainable coastal economies. Crescent Enterprises’ multi-platform strategy, spanning logistics, technology, and venture development, aligns with the UAE’s vision for sustainable urban transformation and the summit’s theme, ‘Connecting Cities, Creating Futures.’

  • Kanoo Energy: Harnessing a legacy of excellence to drive industrial progress at ADIPEC 2025

    Kanoo Energy: Harnessing a legacy of excellence to drive industrial progress at ADIPEC 2025

    Kanoo Energy, a cornerstone of The Kanoo Group, is poised to unveil a groundbreaking suite of intelligent and sustainable solutions at ADIPEC 2025. The event, scheduled from November 3 to 6, 2025, at Stand 12105, Hall 12, ADNEC, Abu Dhabi, will serve as a platform for the company to demonstrate its latest innovations in the energy sector. With a legacy spanning over a century, Kanoo Energy has consistently adapted to the evolving demands of the Middle East’s energy landscape, positioning itself as a leader in modernization and industrial progress. The company’s upcoming showcase will feature advanced technologies designed to enhance safety, efficiency, and sustainability across the oil, gas, and petrochemical industries. Collaborating with global partners such as Adage Kanoo Analytical Industries (AKAI), Dopak, Woodfield Systems International, and others, Kanoo Energy will highlight advancements in analytics, fluid handling, decarbonization, robotics, and industrial safety. Ali Abdulla Kanoo, Chairman of Kanoo Industrial & Energy, emphasized the company’s commitment to combining innovation with reliability, particularly as the UAE spearheads the region’s transition to cleaner energy systems. Fahad Fawzi Kanoo, a board member, echoed this sentiment, noting the UAE’s role in shaping a sustainable energy future and Kanoo Energy’s contribution through AI-driven solutions. Manoj Tripathy, CEO of Kanoo Industrial and Energy, highlighted the company’s dedication to merging its engineering heritage with modern, localized expertise to deliver measurable value to customers. ADIPEC 2025, a premier event for energy professionals, will provide Kanoo Energy with the opportunity to reinforce its mission of connecting tradition with innovation, showcasing how its century-old legacy continues to drive progress in a rapidly evolving industry.

  • Shanghai Metro expands paper single-journey tickets

    Shanghai Metro expands paper single-journey tickets

    The Shanghai Metro has taken a significant step forward in modernizing its ticketing system by expanding its pilot program for automated ticket vending machines that issue paper QR code single-journey tickets. This innovative approach replaces the traditional IC cards, which required passengers to return them upon exit, with paper tickets that feature QR codes. These tickets provide essential details such as fare amount, purchase date, and station information, offering a more convenient and efficient travel experience. The new system, initially introduced at People’s Square station two years ago, is now being gradually rolled out across various stations in the network. Station manager Cui Junjie at Oriental Sports Center station highlighted the system’s improved functionality, noting its sleek design and enhanced responsiveness in screen operation and cash handling. The machines accept both cash and online payments, catering to diverse passenger preferences. Since their trial launch on August 1, the machines have been issuing an average of 65 paper tickets daily. While some elderly passengers have faced initial challenges with the payment process, particularly when scanning QR codes, the overall feedback has been positive. Concerns about the environmental impact of non-recyclable paper tickets have been addressed by Shanghai Metro officials, who emphasize the system’s operational efficiency. The fare structure remains unchanged, with pricing based on travel distance, and tickets are valid only on the day of purchase for a single journey. Unlike traditional tickets, which had to be inserted and collected at exit gates, passengers can now keep these paper tickets as souvenirs, adding a personal touch to their travel experience.

  • Pakistan PM, Saudi Crown Prince meet in Riyadh, discuss electrical interconnection project

    Pakistan PM, Saudi Crown Prince meet in Riyadh, discuss electrical interconnection project

    In a significant diplomatic meeting held in Riyadh on Monday, Pakistan’s Prime Minister Muhammad Shehbaz Sharif and Saudi Arabia’s Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud unveiled a comprehensive economic cooperation framework aimed at bolstering bilateral relations. The framework, rooted in shared economic interests, seeks to enhance trade, investment, and development ties between the two nations. Key sectors identified for collaboration include energy, industry, mining, information technology, tourism, agriculture, and food security. A joint statement highlighted the mutual commitment to fostering private sector involvement and increasing trade exchange in these priority areas. Among the initiatives under discussion is an electrical interconnection project, which is expected to be formalized through a memorandum of understanding (MoU). Additionally, the two countries are exploring further cooperation in the energy sector. This framework builds on longstanding fraternal relations and aligns with the leaders’ shared vision of establishing a sustainable partnership. The meeting also set the stage for an upcoming session of the Saudi-Pakistani Supreme Coordination Council, underscoring the depth of their strategic alliance.

  • Pacific island delegation explores grassroots governance in Qingdao

    Pacific island delegation explores grassroots governance in Qingdao

    A delegation of 20 representatives from Pacific island nations, including Tonga, Fiji, Micronesia, and Nauru, recently embarked on a study tour to Jimo district in Qingdao, Shandong province. The visit was part of a specialized training program focused on national governance and development planning. During their stay, the group engaged in field visits to local communities, observing innovative practices in grassroots governance and strategies for enhancing public services. The delegation also took the opportunity to experience traditional Chinese culture, further enriching their understanding of China’s societal and governance frameworks. Participants expressed that the visit provided valuable insights into China’s development approaches and opened new avenues for collaboration in governance capacity building and cultural exchanges.