Wizz Air, the largest local airline, will launch two new routes from Iasi airport starting this summer season, to Milan Malpensa and Pisa, Italy.
Chief of Defence Forces (CDF) and Chief of the Army Staff (COAS) Field Marshal Asim Munir noted that the armed forces were “undergoing major transformation in multiple domains”, the Inter-Services Public Relations (ISPR) said on Thursday. According to an ISPR press release, the army chief made the remarks while addressing troops of the Bahawalpur Garrison at Khairpur Tamewali (KPT) in Punjab, where he witnessed a high-intensity field exercise ‘Steadfast Resolve’. The corps, based at Bahawalpur Garrison, is a key strike formation of the Pakistan Army. Its area of responsibility includes the southern Punjab desert zone and its order of battle includes multiple divisions. It focuses on modern, technology-enabled, multi-domain operations, often conducting exercises in areas like Khairpur Tamewali. “COAS & CDF highlighted that Pakistan Armed Forces are undergoing major transformation in multiple domains,” the military’s media affairs wing said. “Character of war has evolved massively, with technological advancemen...
Abu Dhabi’s Universal Digital has launched USDU, the first US dollar‑backed stablecoin registered by the UAE central bank under its Payment Token Services Regulation. Abu Dhabi-based Universal Digital has launched USDU, the first US dollar‑backed stablecoin to be registered by the Central Bank of the United Arab Emirates (CBUAE) as a Foreign Payment Token under the Payment Token Services Regulation (PTSR), the company said. According to a release shared with Cointelegraph, the registration makes Universal the UAE’s first Foreign Payment Token Issuer and creates a clear, regulated US dollar‑denominated settlement option for digital assets in the UAE. Juha Viitala, a senior executive officer of Universal, told Cointelegraph that the PTSR had allowed a transition period for payment token issuers to become PTSR-compliant and that, among all the USD stablecoins, USDU was the first to obtain such registration. Read more
Sygnum says its market-neutral BTC Alpha Fund posted 8.9% annualized returns in Q4 and raised more than 750 Bitcoin from professional and institutional investors. Cryptocurrency banking group Sygnum said its market-neutral Bitcoin fund posted an annualized return of 8.9% in the fourth quarter of 2025, highlighting growing institutional demand for yield-focused crypto strategies amid volatile prices. Sygnum on Wednesday announced seed-phase completion of its Starboard Sygnum BTC Alpha Fund, which attracted more than 750 Bitcoin (BTC) from professional and institutional investors in just four months following its October 2025 launch. The amount is worth around $66 million at current prices. Sygnum said the fund reflects a broader shift among institutional investors toward structured Bitcoin products that aim to produce steady returns while maintaining exposure to the asset. Read more