Australia – 4 in 5 The Brighter Side viewers take action to improve their financial wellbeing – CBA

Source: Commonwealth Bank of Australia (CBA)

From grocery hacks to scam smarts, The Brighter Side returns with money-saving hacks and inspiring stories to help boost financial confidence.

Aussies are making every dollar count and improving their money behaviours, with research showing 81 per cent of viewers of The Brighter Side took action and put into practice one learning after watching the show¹. That’s the equivalent of more than 1.5 million people taking one small step towards their financial future.

Now returning for season two, The Brighter Side will deliver even more practical tips, money-saving hacks and inspiring real stories, from families and side-hustlers to small businesses and scam-busters.

https://youtu.be/evc4oCRFS2o

A nation of savvy spenders and savers…

  • Australians are actively adjusting their spending habits to manage cost-of-living pressures – from cutting back on dining out to trying no-spend challenges.
  • Actions that viewers have taken or plan to take after watching The Brighter Side season one include starting a household budget (87 per cent), reviewing finances and money situation (90 per cent) and trying a recipe from the show (84 per cent).
  • Food remains a major focus, with 57 per cent finding ways to reduce their grocery spend through behaviours such as meal prep, buying in bulk, or finding cheaper options, and 36 per cent turning to second-hand items² .
  • Most are cutting back – staying home more (67 per cent), buying less takeaway and dining out less (66 per cent), and buying fewer clothes (60 per cent).
  • Some are getting creative and 16 per cent have tried a no-spend challenge to reset their habits.
  • CommBank data shows shopping one time less per week can save up to 20 per cent of the household budget³ , making food one of the most powerful areas to unlock savings.

… But confidence is still low

While most Australians (95 per cent) have financial goals, only half regularly set them and feel confident they can achieve them (52 per cent).
Nearly one in four (23 per cent) say not knowing where to start is the biggest barrier to financial confidence, highlighting the need for simple, practical guidance.

In each episode of The Brighter Side:

  • Georgie Tunny chats to some well-known Aussies about their approach to life and money.
  • We meet everyday Aussies taking small steps towards their money management and goals, with practical tips from CommBank personal finance expert Jess Irvine.
  • Chef Adam Liaw offers affordable and delicious ways to combat the cost of food and groceries with delicious recipes and great grocery hacks.
  • Journalist Narelda Jacobs OAM travels across the country to discover the resilience and creativity of Australian small businesses.
  • CommBank Scams and Fraud Expert James Robertsuncovers different types of scams to help Aussies Stop, Check and Reject, and opens up the conversation about scams awareness.

Jo Boundy, CommBank Chief Marketing Officer, said:

“We’re excited to launch season two of The Brighter Side in partnership with Paramount Australia. Building on the success of the first season, it’s all about helping Australians take control of their financial future through practical tips and inspiring real stories.

“For anyone doubting whether they can change their money behaviours, the series shows that it can be simple, accessible and even fun. Feel inspired by a no-spend challenge or a creative side-hustle, while learning how to make the most of your leftovers and spot a social media scam. There is something for everyone and we want The Brighter Side to help you feel more financially confident, one step and one tip at a time.”

Hear from The Brighter Side hosts:

Adam Liaw, Chef

“Food is one of the biggest household expenses, but it’s also where small changes can make a big difference. Whether it’s turning broccoli stems into a stir-fry or transforming leftovers into a protein-packed meal you are excited to eat, The Brighter Side shows how smart cooking can help Australians save without sacrificing flavour.”

Narelda Jacobs OAM, Journalist

“Australians are incredibly resilient and creative, especially in tough times. In The Brighter Side, I’ve met small business owners who are not just surviving but thriving, proving that with the right mindset and support, financial confidence is within reach.”

Georgie Tunny, Journalist

“Talking about money doesn’t have to be daunting. In The Brighter Side, we open up honest conversations with well-known Aussies about how they manage life and finances, showing that everyone’s journey is different, and that’s okay.”

Jess Irvine, CommBank Personal Finance Expert

“Financial wellbeing isn’t about being perfect, it’s about progress. The Brighter Side is packed with practical tips that anyone can try, whether it’s setting a savings goal, boosting your investing know-how or spotting a scam. It’s about helping Australians feel more confident, one small step at a time.”

The Brighter Side is part of CommBank’s content ecosystem, created to deliver helpful and inspirational content for all Australians – no matter where they are on their financial journey. Find out more at commbank.com.au/brighter.

The Brighter Side season two premieres Friday 5 September at 8.30pm on 10. Watch and stream free on 10.

¹CommBank research commissioned August 2024, based on season one The Brighter Side viewership of 2.2m+ people (Broadcast and BVOD).

² CommBank Financial Fitness Research commissioned March 2025, national representative sample of 3,146 respondents.

³ Data based on CommBank personal debit and credit card spending using specific sampling criteria developed for each insight. Grocery data based on 13 weeks ending 1 Oct 2023.

Thailand: Authorities must immediately drop charges against conscientious objector – Amnesty International

Source: Amnesty International

Ahead of the witness examination and hearing of activist and conscientious objector to military service Netiwit Chotiphatphaisal on 9 September, Amnesty International’s Regional Research Director Montse Ferrer said:

“Netiwit’s refusal to take part in this outdated system should be a wake-up call for the Thai authorities to urgently reform the country’s legal framework to allow for alternative services, in line with international human rights law and standards.

“International law requires countries with compulsory military service to provide alternative, civilian forms of national service. This reform is long overdue in Thailand, where refusing military conscription can result in three years’ imprisonment.

“As a State Party to the International Covenant on Civil and Political Rights and a member of the UN Human Rights Council, the Thai government has an obligation to respect and uphold the right to freedom of thought, conscience and religion and refrain from punishing conscientious objectors. Authorities must immediately drop all charges against Netiwit.”

Background

In Thailand, military conscription for men aged 21 and over is determined each April through a lottery system – drawing a red card results in up to two years of mandatory service, while a black card grants exemption. There is also an option for voluntary enlistment.

On 22 May, the public prosecutor at the Samut Prakan Provincial Court indicted Netiwit Chotiphatphaisal, a prominent Thai human rights activist, for allegedly evading military conscription under Article 45 of the 1954 Military Conscription Act. If found guilty, Netiwit could be sentenced to up to three years' imprisonment.

Netiwit’s indictment is linked to his refusal on 5 April 2024 to take part in military conscription. His refusal was an act of civil disobedience in relation to the army, where human rights abuses against military conscripts and low-ranking officials are rampant. In 2020, Amnesty International released a report  detailing mental, physical and sexual abuse against conscripts in the Thai military.

UN human rights bodies, including the Human Rights Committee and the UN Human Rights Council, have recognized the right of conscientious objection to military service as part of the right to freedom of thought, conscience and religion enshrined in Article 18 of the Universal Declaration on Human Rights and the International Covenant on Civil and Political Rights (ICCPR).

Netiwit joined the Amnesty International movement in 2012 and previously served on the Board of Amnesty International Thailand between 2018 and 2019.

Aviation – FURTHER NETWORK EXPANSION AS NAURU AIRLINES COMMENCES FLIGHTS TO CLARK, PHILIPPINES

Source: Nauru Airlines

– Flights commencing from 5 September, 2025

Nauru Airlines has announced a further network expansion, with the addition of services to Clark, Philippines, commencing from today 05 September, 2025.

“Adding the Republic of the Philippines to our network is a key development for us,” said Mr Robert Eoe, CEO of Nauru Airlines.

“Clark International Airport is a strategically important gateway and a natural fit for our expansion into Asia. We look forward to unlocking new revenue opportunities, and offering even greater passenger, ACMI and cargo opportunities to our customers,” he said.

“We are pleased to welcome the forthcoming launch of Nauru Airlines’ new service from Clark to Koror, which supports the airline’s Asia expansion,” said Noel Manankil, President and CEO of LIPAD Corp, the consortium that manages and operates Clark International Airport.

“We are also pleased to note that this particular service will provide additional connectivity for our Overseas Filipino Workers (OFW) heading to different parts of the region.

“We, at Clark International Airport, are committed to providing a seamless airport experience and ensuring a memorable journey for Nauru Airlines passengers, as well as our OFWs” Mr Manankil added.

Nauru Airlines service to Clark will commence as a weekly operation connecting with the airline’s Australia-North Pacific Connector service operating Brisbane-Nauru-Kiribati-Marshall Islands-Pohnpei-Koror.

Effective from 5 September, services will also operate from Koror to Clark.

A Friday service will operate from Koror (Palau) to Clark (Philippines) departing at 18:20 and arriving at Clark at 1650 (local time).

Nauru Airlines said the new routing will improve access for passengers in the North Pacific seeking travel to Asia and vice versa.

The airline said the link to and from Clark also enhances opportunities for the movement of Overseas Filipino Workers (OFWs) and labour from Indonesia and neighbouring markets, to support workforce demands in construction, hospitality, domestic care, and professional services such as medical, dental, and engineering sectors.

Nauru Airlines has appointed Manila-based General Sales Agent Sparkle Traveland Tours to support introduction of the new services.Clark International Airport is located approximately 80 kilometres northwest of Manila, within the Clark Freeport and Special Economic Zone. The airport serves the wider Central and Northern Luzon region as well as Metro Manila and, offering both international and domestic connections.

The 2,367 hectare airport clarkinternationalairport.com serves as the central hub of transportation in the area with an expansion plan to accommodate up to 25 million passengers annually, and a vision to develop the airport as the next premium gateway to Asia.

About Nauru Airlines

Nauru Airlines operates a fleet of 7 x Boeing 737 aircraft – Three dedicated to freight operations, Four operating as passenger aircraft. As one of the Pacific regions’ most experienced charter operators, Nauru Airlines offers scheduled passenger services as well as charter solutions to clients in Australia, New Zealand and the South/Central Pacific and Asia.

The airline provides ACMI (Aircraft, Crew, Maintenance, and Insurance), freight and passenger charter solutions to meet the needs of diverse clientele including government agencies, educational and religious organisations, emergency response service providers, corporate entities, entertainment, sporting and large private tour groups, and other transportation partners.

Universities – Go fish, go! Organic solutions for better aquaculture and ecosystems – Flinders

Source: Flinders University

Farmed fish are increasingly replacing wild fish to meet consumer demand in China, as well as Australia – and barramundi is a popular choice.

Aquaculture research led by Flinders University and experts in China continues to examine the benefits – and possible side effects – of improving fishmeal for farmed fish, with a new study investigating the potential of herbal additives to improve fish immunity in more sustainable future production systems.

The increasing global demand for sustainable and antibiotic-free aquaculture has prompted the exploration of natural plant extracts as alternatives to traditional chemical additives, particularly antibiotics, in improving fish immunity, says Flinders University Professor of Aquaculture Jian Qin.

“Some of the herbal additives in this study benefited the biochemical and immune responses in juvenile barramundi, at a stage when they are more susceptible to disease or infections,” says Professor Qin, from the College of Science and Engineering at Flinders University.

Collaborator Professor Zhenhua Ma, director of the Tropical Fisheries Research and Development Centre at the  South China Sea Fisheries Research Institute, adds: “While these results indicate that some plant extracts tested could be beneficial additives in aquaculture feed, their potential risk to other environmental organisms should be further investigated before their extensive application in aquaculture.”

Testing led by Flinders PhD candidate Ms Zhengyi Fu, who is based at the Sanya Tropical Fisheries Research Institute in Hainan Province and the Chinese Academy of Fishery Sciences in Guangzhou, sought to assess the environmental toxicity of the plant extracts in various marine environments.

The ecotoxicity and physiological impacts of four plant extracts – gallnuts (Rhus chinensis), green chiretta (Andrographis paniculata), white mustard (Sinapis alba), and betel nut (Areca catechu) – were tested on juvenile barramundi (Lates calcarifer) as well as three other marine species including brine shrimps (Artemia salina).

While plant-based additives are generally safe, some bioactive compounds within these extracts have demonstrated potential toxicity, raising concerns about their environmental and ecological impacts,  

Along with the potent antibacterial and antiparasitic properties of the four herbs tested was a focus on bioactive compounds within them such as phenols, terpenoids, alkaloids and organosulfides, which may affect aquatic ecosystems, according to the new article published in Ecological Indicators journal.

The article, Evaluation of plant extracts as aquaculture feed additives: Ecotoxicological and physiological responses in marine species (2025) by Zhengyi Fu, Tao Zhang, Zhenhua Ma and Jian G Qin has been published in

Ecological Indicators, an Elsevier journal DOI: 10.1016/j.ecolind.2025.113964

https://doi.org/10.1016/j.ecolind.2025.113964

Acknowledgements: The coauthors of this study have various affiliations with the Sanya Tropical Fisheries Research Institute, the Chinese Academy of Fishery Sciences and Dalian Tianzheng Industrial Co.

SINGAPORE – The Liveability Challenge 2026 pledges over S$4 million in catalytic funding in its brand new ninth edition launched today

Source: Eco-Business

Singapore, 4 September: The Liveability Challenge (TLC) is powering up with a game-changing injection of over S$4 million in catalytic funding and support – its biggest boost yet – to fast-track cutting-edge sustainable innovations from the lab to market.

This includes S$2 million in catalytic grants from Temasek Foundation, S$2 million worth of development support from Agency for Science, Technology and Research (A*STAR) and grant support from Enterprise Singapore, as announced during the launch of the ninth edition of TLC at Google Singapore today.

Presented by Temasek Foundation and organised by Eco-Business, TLC was established in 2018 and has grown to become a global crowdsourcing platform for sustainability solutions.

With eight successful editions concluded, the annual crowdsourcing platform has attracted thousands of applications globally, shortlisted and incubated 54 finalists and deployed almost S$14 million in catalytic funding to help these start-ups scale and commercialise.  

“This catalytic boost of more than S$4 million represents our commitment to turning bold ideas into real-world impact for the environment. Through The Liveability Challenge, Temasek Foundation is providing catalytic funding to empower innovators to push boundaries, tackle pressing challenges and create lasting benefits for the planet and future generations,” said Heng Li Lang, Head of Climate and Liveability at Temasek Foundation.  

“We are also delighted to welcome A*STAR on board as a new partner, whose development support and resources will further strengthen the innovators' journey from lab to market,” she added.  

The 2026 edition will seek out innovative, groundbreaking solutions addressing urban challenges across two themes – Decarbonisation and Cool Earth.  

A*STAR joins as the co-presenter of the Decarbonisation theme, lending its scientific know-how, industry partnerships and national test-bedding facilities to help finalists pilot and scale their innovations locally and globally. 

Committing up to S$2 million annually for the next three years, A*STAR will significantly contribute to TLC's mission of accelerating technology development and commercialisation pathways.

“Climate change affects all of us, impacting our health, work and how we live. As part of A*STAR's efforts to decarbonise Jurong Island and play an active role in enabling Singapore's goal to achieve net zero by 2050, we are delighted to partner Temasek Foundation in The Liveability Challenge. We look forward to partnering with start-ups from all over the world to co-develop innovative solutions to accelerate solutions for decarbonisation, and achieve these important goals together,” said Irene Cheong, Assistant Chief Executive (Innovation & Enterprise) at A*STAR.

The two themes of the TLC 2026 edition are:

1. Decarbonisation

Disruptive deep-tech solutions that provide scalable and impactful solutions to reduce carbon emissions across diverse industries, including waste-to-resource, renewable energy and energy efficiency.

To support the Decarbonisation theme, A*STAR is opening its doors to finalists, granting them access to cutting-edge scientific expertise at the A*STAR Institute of Sustainability for Chemicals, Energy and Environment (A*STAR ISCE²), as well as national test bedding facilities such as the Low Carbon Technology Translational Testbed (LCT³) on Jurong Island.

These facilities will enable technologies to be trialled in real-world industrial conditions in Singapore – a critical step that de-risks commercial adoption and ready solutions for international deployment.

2. Cool Earth

Innovative solutions that enhance mitigation, resilience and adaptation to extreme weather events (especially heat) for a more liveable planet, including large-scale cooling benefits and adaptive solutions that strengthen resilience across diverse industries.

“As climate tech investments face headwinds from economic certainty and higher borrowing costs, innovative and catalytical capital has become indispensable. This patient, flexible funding not only fuels early-stage innovation but sends powerful signals that crowd in larger private and public capital,” said Jessica Cheam, founder and CEO for Eco-Business.  

“Growing this pool of capital requires a multi-disciplinary approach that brings together policymakers, investors and start-ups – an ecosystem that platforms like The Liveability Challenge uniquely facilities,” she added.

The launch event also featured a high-level panel on “Catalytic capital: Accelerating climate innovation” with thought leaders from A*STAR, Google, Breakthrough Energy and Antares Ventures sharing strategies to unleash the next wave of climate tech solutions.

Under the theme “Solutions that scale. Impact that lasts”, TLC 2026's call for submissions officially opened today and will close on 9 February 2026. Enter your innovation to The Liveability Challenge here.

Each TLC edition culminates in a Grand Finale during Ecosperity Week in Singapore, showcasing the finalists' deep-tech solutions.  

The top TLC 2025 winners were Singapore-based deep-tech start-up Krosslinker and Canada-based hydrogen solutions provider Ayrton Energy who secured S$1 million each in catalytic funding among other investment prizes.

Krosslinker develops passive cooling technologies in the form of aerogel materials capable of reducing surface temperatures by up to 10 °C and ambient temperatures by up to 5 °C, while Ayrton Energy develops technology for safe and cost-effective hydrogen storage and transport – addressing infrastructure challenges that currently hinder the widespread adoption of hydrogen energy.

Two steering committees on the two themes – Decarbonisation and Cool Earth – will convene to select the finalists who will pitch their solutions to judges and investors at The Liveability Challenge Grand Finale during Ecosperity Week 2026 held from 18 to 21 May next year.

More than 200 decision-makers gathered at venue partner Google Singapore for the 2026 TLC launch. For more information, visit The Liveability Challenge website at  https://www.theliveabilitychallenge.org/  

About Temasek Foundation   

Temasek Foundation supports a diverse range of programmes that uplift lives and communities in Asia including Singapore. Made possible through philanthropic endowments gifted by Temasek, an investment company headquartered in Singapore, Temasek Foundation's programmes strive towards achieving positive outcomes for individuals and communities now, and for generations to come. Collectively, Temasek Foundation's programmes strengthen social resilience, foster international exchange and regional capabilities, advance science, and protect the planet.

For more information, visit www.temasekfoundation.org.sg.  

About Eco-Business

Established in 2009, Eco-Business is Asia Pacific's leading media organisation on sustainable development. Its independent journalism unit publishes high quality, trusted news and views that advance dialogue and enables measurable impact on a wide range of sustainable development and responsible business issues. Eco-Business is headquartered in Singapore, with a presence in Beijing, Hong Kong, Manila, Kuala Lumpur, Jakarta, and correspondents across major cities in Asia Pacific.  

For more information, visit www.eco-business.com

Economy – Gold hits record high as investors pile in to safe haven – deVere Group

Source: deVere Group

September 4 2025 – Gold has stormed to fresh record highs, breaking through $3,575 an ounce, as global investors accelerate their flight to safety amid mounting geopolitical and economic turmoil.

The precious metal is trading at its strongest levels in history, lifted by expectations of imminent US interest rate cuts, a weakening dollar, and unprecedented central bank demand.
Nigel Green, CEO of global financial advisory giant deVere Group, says: “Gold's surge into record territory underscores the scale of unease among investors.

“Currently, we predict the price will reach $5,000 per ounce by the end of the first quarter of 2026. The drivers are already in place and momentum is compounding.”

The Federal Reserve is widely expected to announce a rate cut this month as the US labor market softens and recession risks mount.

Lower rates reduce the appeal of cash deposits and government bonds, while simultaneously supporting bullion.

“Each cut removes oxygen from cash and bonds, leaving gold as the standout alternative,” notes the deVere CEO.

“With inflation still running above target and government debt expanding at record speed, investors are seeking a store of value that requires no political guarantees.”

The dollar index has slipped to its weakest level in over a month, magnifying gold's appeal to overseas buyers. At the same time, silver has broken through $40 an ounce for the first time since 2011, reinforcing precious metals' broad safe-haven bid.

Central banks are intensifying their accumulation. The People's Bank of China has expanded its bullion holdings for 22 consecutive months, while countries in the Middle East and Asia are adding reserves at the fastest pace in decades.

“We expect this accumulation to continue as sovereigns look to reduce reliance on the dollar,” Nigel Green explains.

On the supply side, constraints remain entrenched. Global mine output has stagnated, discoveries are increasingly scarce, and environmental costs are rising.

“When overwhelming demand collides with flat supply, there is only one logical direction for price,” adds the chief executive.

“This imbalance will not resolve quickly, which is why we expect gold's trajectory to remain sharply upward.”

Private investors are also reshaping allocations. Exchange-traded funds (ETFs) are recording robust inflows, sovereign mints are reporting elevated bullion sales, and institutions are embedding gold into core holdings rather than treating it purely as insurance.

In addition, the US non-farm payrolls report on Friday is expected to show further deterioration in hiring, strengthening the case for monetary easing. At the same time, trade frictions and fiscal uncertainty under President Trump continue to unsettle markets.

“Gold thrives in environments where governments appear unpredictable,” Nigel Green notes.

“Attacks on the independence of the Federal Reserve, erratic trade policy, and spiralling deficits are all elements that erode confidence in fiat currencies. Investors respond by turning to assets that are politically neutral and globally recognized.”

Nigel Green concludes: “Gold is reflecting today's reality of high debt, unstable currencies, and structural inflation.”

deVere Group is one of the world's largest independent advisors of specialist global financial solutions to international, local mass affluent, and high-net-worth clients.  It has a network of offices around the world, more than 80,000 clients, and $14bn under advisement.

Africa – President João Lourenço Opens Angola Oil & Gas (AOG) 2025 with Vision for Next 50 Years of Angolan Growth

SOURCE: Energy Capital & Power

Coinciding with Angola 50 years of independence celebration, Angola Oil & Gas takes place in Luanda this week

LUANDA, Angola, September 3, 2025 – Angolan President João Lourenço opened the 2025 edition of the Angola Oil & Gas (AOG) conference in Luanda today, offering a clear vision for the next era of the country's hydrocarbon-led development. Underscoring the role oil and gas development has played in the country's transformation, President Lourenço emphasized that these resources will continue to strengthen the Angolan economy for years to come.

“The oil sector has been instrumental for the growth of our country. Exploration and production of natural resources has contributed to the improvement of the living conditions of the people of Angola. Angola provides investment conditions that ensure contract, stability, legal certainty and investment durability. Cooperation between private and public sector, between international companies and local partners, will be key for achieving our aspirations,” stated President Lourenço.

Taking place on the eve of Angola's 50 years of independence celebration, AOG 2025 recognizes the catalyzing role oil and gas have played in the country's development, offering a strategic dealmaking platform that will lay the foundation for the next 50 years of growth.

“Five decades ago, the Angolan people fought for their right to sovereignty. Along the years, the oil sector has been fundamental for the economy and the development of our country. This a moment for us to celebrate but also reflect, looking at how we can use our resource more effectively and striking the balance between economic growth, social justice and environmental protection,” President Lourenço said.

AOG comes as Angola celebrates a series of industry milestones in 2025, as companies take concrete steps towards enhancing crude production, driving non-associated gas development and opening new frontiers across the oil and gas value chain. Upstream, the country started production at the Agogo FPSO, the Begonia oilfield and the CLOV Phase 3 Developments. A gas discovery was made at Block 1/14 in the Lower Congo basin while exploration campaigns kicked off across almost all of the country's onshore and offshore basins.

“Our current actions are directed towards mitigating production decline and keeping output above one million bpd. Since the last conference, we have concluded several activities. We started activities at the Agogo project as well as developments in Block 17 and 17/06. Complementing these activities is exploration in new basins. Another important project is the Kaminho development,” stated Diamantino Azevedo, Minister of Mineral Resources, Petroleum and Gas, Angola.

On the downstream side, Angola started production at the Cabinda Refinery on September 1, 2025. The facility adds 30,000 barrels per day in its first phase, doubling output in the second phase. The project is Angola's second operational oil refinery and will play a major part in reducing refined imports and enhancing fuel security.

“We continue with the development of the Lobito refinery while we assess the feasibility of the Soyo project. These position Angola as a new regional center for oil. We have also improved the legislation for local participation in the industry. The commitment is to widen partnerships and create value for the people of Angola,” Minister Azevedo added.

Performing Arts – The Saudi Music Commission Presents "Marvels of Saudi Orchestra" at the Historic Palace of Versailles

Source: Ministère de la Culture d’Arabie saoudite

Riyadh – 14 August Under the patronage of His Highness Prince Bader bin Abdullah bin Farhan Al Saud, Saudi Minister of Culture and Chairman of the Music Commission’s Board of Directors, the Music Commission, one of 11 sector specific commissions under the Ministry of Culture, proudly announces the forthcoming concert, “Marvels of Saudi Orchestra,” set to take place on Friday, September 5th, at the Palace of Versailles in Paris – one of France’s most revered cultural and historical monuments. The concert serves as a cultural bridge, further deepening the ties between the Kingdom of Saudi Arabia and France.

The Saudi National Orchestra and Choir is set to dazzle audiences with an exquisite repertoire that reflects the majestic depth and artistic plurality of Saudi Arabia’s musical legacy and will be accompanied by a compelling array of performing arts organized by the Theatre and Performing Arts Commission who grace the stage, further enriching this cultural tapestry showcasing four traditional Saudi performing arts: Al Khobeiti, Al Majroor, Al Rifaihi, and Al Khathwah. Complementing this radiant display, the Royal Opera House Orchestra will perform sublime French masterpieces, paying homage to the illustrious heritage of the Palace of Versailles itself.

A captivating fusion segment will artfully intertwine Saudi and French musical traditions, symbolizing a harmonious dialogue between these great cultures.

The landmark concert celebrates the beauty of Saudi music as it blends with French artistry in a live musical and cultural dialogue, performed by the Saudi National Orchestra and Choir alongside the Orchestra of the Royal Opera of the Palace of Versailles. This distinguished return to Paris marks the eighth illustrious stop on the global tour of the Marvels of Saudi Orchestra.

The anticipated return to Paris follows the inaugural performance at the iconic Théâtre du Châtelet. The tour has already enchanted audiences across the globe, from Mexico City’s National Theatre to New York’s Metropolitan Opera House, London’s Central Hall Westminster to Tokyo Opera City, then to Riyadh’s King Fahd Cultural Centre, and Sydney’s world-renowned Opera House.

The Marvels of Saudi Orchestra at the Château de Versailles stands as a testament to the unifying power of music, bridging cultures and celebrating the shared beauty of Saudi and French artistry. The concert reaffirms the Music Commission’s commitment to empowering talents, providing a platform and showcasing the Kingdom’s musical heritage.

About the Ministry of Culture:

Saudi Arabia has a vast history of arts and culture. The Ministry of Culture is developing Saudi Arabia’s cultural economy and enriching the daily lives of citizens, residents, and visitors.

Overseeing 11 sector-specific commissions, the Ministry works towards the support of and preservation of a vibrant culture that is true to its past and looks to the future by cherishing heritage and unleashing new and inspiring forms of expression for all.

Find the Ministry of Culture on social media: X @MOCSaudi (Arabic); @MOCSaudi_En (English) | Instagram @mocsaudi

About the Music Commission:

The Music Commission, one of the Ministry of Culture’s 11 sector-specific commissions, was launched in 2020 to oversee the development of the Kingdom’s music sector.

The Commission supports the growth of the music sector and provides universal access to music education and empowers musical talent. It aims to increase the economic contribution of the music sector through job creation, sector regulation and by building world-class infrastructure.

To learn more about the Music Commission, please visit https://music.moc.gov.sa/en and the commission’s page on X @MOC_Music

About the Theater & Performing Arts Commission:

The Theater and Performing Arts Commission is one of 11 sector-specific commissions under the Ministry of Culture. Founded in 2020, it is leading the further development of the theater and performing arts sector in Saudi Arabia.

The Commission is working towards enhancing the sector’s infrastructure through refining the quality of content, increasing local production, supporting talent and creating opportunities for cultural exchange.

To learn more about the Theater and Performing Arts Commission, please visit the Commission’s website and page on X @MOCPerformArt

Africa – Equatorial Guinea to Launch EG Ronda 2026 Licensing Round at African Energy Week (AEW) 2025 Amid Surge in Upstream Investment

SOURCE: African Energy Chamber

Equatorial Guinea will launch its new EG Ronda 2026 licensing round at this year's AEW: Invest in African Energies 2025 conference, offering new acreage, world-class fiscal terms and major investment opportunities in upstream oil and gas
CAPE TOWN, South Africa, September 3, 2025 – Equatorial Guinea will launch its highly anticipated EG Ronda 2026 licensing round at this year's African Energy Week (AEW): Invest in African Energies, taking place from September 29 to October 3 in Cape Town. The licensing round takes place Monday 29 September and forms part of the country's broader strategy to revitalize its upstream sector, attract new investment and unlock exploration and production opportunities offshore. 
The licensing round will be officially unveiled during a high-level session – Equatorial Guinea's New Exploration Drive – at AEW: Invest in African Energies 2025, led by Antonio Oburu Ondo Minister of Hydrocarbons and Mining Development, Equatorial Guinea. During this session, detailed geological data will be presented, offering investors insight into the structure, stratigraphy and prospectivity of Equatorial Guinea's offshore basins.

In preparation for EG Ronda 2026, the Ministry of Hydrocarbons and Mining Development has partnered with U.K.-based Searcher Seismic on a $60 million program to acquire and reprocess 2D and 3D seismic data across uncharted acreage. The initiative aims to provide prospective investors with high-quality datasets, de-risking exploration and highlight frontier potential across Equatorial Guinea's offshore basins. By offering robust technical data packages, the government seeks to boost competitiveness, restore investor confidence and strengthen long-term energy security.

AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

The licensing round comes at a pivotal moment for Equatorial Guinea, with a series of recent developments underscoring renewed international interest in the country's oil and gas sector.

In June 2025, energy major ConocoPhillips transported its inaugural LNG cargo from the Punta Europa facility, advancing the country's flagship Gas Mega Hub initiative. Following its 2024 acquisition of Marathon Oil, ConocoPhillips now holds interests in the Alba Unit and Block D, securing long-term participation in both gas and liquid development. This company is also undergoing an infill drilling campaign in Alba Block, Independent operator Trident Energy continues to deliver strong results from Block G – home to the Ceiba and Okume fields – where it holds a 40.375% operated stake. In late 2024, the company brought online its first infill well and is enhancing subsea integrity through a digital twin solution developed with Canadian technology firm Enaimco. Upstream oil company Kosmos Energy, a partner in Block G with a 40% participating interest, recently completed an exploration drilling campaign and is reprocessing seismic data with advanced technology to high-grade future opportunities. Both companies are focused on sustaining production while de-risking future development, reinforcing Equatorial Guinea's status as a hub for upstream investment.

Oil and gas company Panoro Energy has also expanded its footprint with the signing of a production sharing contract (PSC) for Block EG-23, in partnership with Equatorial Guinea's national oil company (NOC) GEPetrol. The shallow-water block covers 600km2 and holds an estimated 104 million barrels of oil and condensate and 215 billion cubic feet of gas in contingent resources. Panoro Energy is initially undertaking subsurface studies before moving into exploration drilling, highlighting the untapped potential of Equatorial Guinea's offshore acreage.

Meanwhile, hydrocarbon exploration company Vaalco Energy is advancing development of Block P, which holds the Venus discovery and over 20 million barrels of recoverable oil. With a final investment decision expected soon, the project is targeting first oil in 2026 and peak output in 2028. The entry of Vaalco Energy to Equatorial Guinea marks another milestone in the country's drive to restore production growth.

Multinational energy corporation Chevron entered Equatorial Guinea by acquiring Noble Energy. This major recently signed two new PSCs for Blocks EG-06 and EG-11, representing a $2 billion investment with GEPetrol. Located near the Zafiro field, the blocks include deepwater acreage and a prior discovery at Avestruz-1. The agreements underscore the renewed confidence of international majors in Equatorial Guinea's resource base and fiscal environment, as the country positions itself for a new era of exploration-led growth.

As the country's NOC, GEPetrol is driving the transformation of Equatorial Guinea's upstream sector through strategic partnerships, deepwater field redevelopments and targeted operational advancements. By optimizing legacy assets, accelerating exploration and implementing technical innovations, the company is aiming at boosting production, strengthening operational efficiency and reinforcing its position as a premier national operator. Equatorial Guinea's offshore geology is characterized by deepwater and shallow-water sedimentary basins rich in hydrocarbons. The region features a mix of Tertiary and Cretaceous reservoirs, with proven structural traps and complex stratigraphic plays. Significant potential exists in both proven fields and underexplored frontier acreage, particularly in the deepwater areas, where high-quality reservoirs and source rocks create exploration targets for oil and gas development.

On the regulatory side, Equatorial Guinea is focused on being highly competitive on a global scale.  Essential regimes have just gone or are going under a revision for optimization. The oil and gas companies were very instrumental to the recent reform of the Tax Regime, as well as the reform of the Labor Regime. The reform of the Petroleum Regime is said to be active by the end of the year 2025.

“EG Ronda 2026 represents a major step in unlocking Equatorial Guinea's offshore and onshore potential. It will attract leading investors, drive exploration and stimulate sustainable growth. We are committed to offering world-class fiscal and regulatory terms to support this development” states Minister Ondo.

“Against this backdrop of heightened activity, EG Ronda 2026 will serve as the official platform to unlock the next wave of investment and exploration success in Equatorial Guinea. The licensing round offers new acreage opportunities to explore proven and innovative plays in modest water depths, with world-class fiscal packages and increasingly attractive terms. By offering improved and competitive fiscal frameworks alongside high-quality exploration potential, EG Ronda 2026 will launch the next era of exploration success when Equatorial Guinea will become, again, a global exploration and commercial hotspot for the industry.”

Click here (https://apo-opa.co/4nb9GWi) for your exclusive invitation to EG Ronda 2026.

Economy – Global bonds under pressure as long-term yields surge – deVere Group

Source: deVere Group

September 3 2025 – Global bond markets are under mounting pressure as a major international financial advisory giant warns this could have implications across almost every asset class.

Benchmark long-term yields are climbing to levels that are unsettling investors worldwide.

The 30-year US Treasury has returned to 5% for the first time since July before easing slightly to 4.98%. In the UK, the 30-year gilt yield touched 5.75% this week, the highest since 1998. In Japan, the 30-year yield reached a record 3.29%

Nigel Green, CEO of deVere Group, says: “The return of the 30-year US Treasury to 5% is a wake-up call.

“Investors need to act. Markets are confronting a perfect storm of enormous debt issuance, inflation that is proving sticky, and central banks that have stepped back from bond buying.

“The result is sustained downward pressure on long-term bond prices with global repercussions.”

Governments have resumed heavy borrowing after the summer pause.

The UK's record £14 billion 10-year gilt syndication highlighted demand at shorter maturities but hesitation at the long end. In Washington, the Treasury has signalled heavier auction schedules into the autumn. This surge of supply comes just as the base of demand from pension funds, insurers, and central banks is fading.

Nigel Green comments: “The imbalance between supply and demand is striking. For years pension funds and insurers were reliable buyers of long bonds, while central banks absorbed vast amounts of issuance. This period has ended.

“Institutions are reducing exposure to duration risk and governments are leaning more heavily on private markets. This dynamic points to yields remaining elevated.”

Inflation adds to the strain. US headline inflation is still above 3%. Eurozone inflation is hovering near 2.6%. In the UK, policymakers are still working to bring inflation back towards the 2% Bank of England target. Political risks are layering on further uncertainty. In Washington, President Donald Trump has criticised the Federal Reserve, raising investor concerns that monetary policy could be influenced by fiscal pressures.

The deVere chief executive explains: “If markets come to believe that central banks are not fully independent, the cost of long-term borrowing is likely to increase further.

“The widening gap between 30-year and 10-year US Treasury yields, which is now the largest since 2021, suggests that pressure is intensifying at the long end of the curve.”

The implications reach far beyond government debt.

Higher long-term yields affect valuations across global equities, real estate, and corporate credit. Growth and technology stocks are particularly exposed to higher discount rates. Property markets could see renewed downward revisions as financing costs rise. Companies looking to refinance debt may face heavier costs, while emerging markets reliant on dollar funding could experience additional volatility.

Nigel Green says: “The short-term trajectory points to further strain.

“Investors should be adjusting portfolios now. Long-duration assets may face more pressure, while areas such as energy, financials, and infrastructure appear better positioned to deliver returns in this environment.”

Currency markets are also responding. The dollar is continuing to attract inflows, strengthening against risk-sensitive currencies.

Sterling and the euro are showing vulnerability amid fiscal concerns and weaker growth. Emerging market currencies are prone to renewed selling episodes whenever US yields climb.

Nigel Green concludes: “Investors should be prepared for yields to stay high and for volatility to rise.

“Portfolios need to evolve for a world where governments are issuing record debt, inflation is sticky, and the long end of the market is under sustained stress.”

deVere Group is one of the world's largest independent advisors of specialist global financial solutions to international, local mass affluent, and high-net-worth clients.  It has a network of offices around the world, more than 80,000 clients, and $14bn under advisement.