PR Newswire

    APIC delivers 55% EBITDA growth in the first half of 2026, reaching USD 44 million. Revenues reached USD 688.2 million, representing 15% growth compared to the same period in 2025. Profits from operations rose by 53% to USD 31 million. Net profits attributable to APIC shareholders grew significantly to approximately USD 6.6 million, marking a 1866% increase. Total assets stood at USD 1.05 billion, up 4.7% from year-end 2025. Total liabilities reached USD 774.2 million, up 5.5%. Net equity attributable to APIC shareholders amounted to USD 235.3 million, a 2.6% increase compared to year-end 2025.

    7 Wonders of Future Cities today marks 77 days until global voting begins on www.7wondersfc.com on 31 October 2026. The day, also known as World Cities Day, will be when the public can start choosing amongst the participating cities and developments, to become historically recognised as the leading representatives of the future of urban life. According to Jean-Paul de la Fuente, Chairman of the 7 Wonders of Future Cities campaign, “Public participation, global visibility and the status of our recognised brand can transform urban vision into a shared cause, and we are seeing this already with motivating engagement from participating cities and developments from all over the world.”

    “Agentic AI has led to evolution in the engineering and quality industry,” said Rakesh Sukla, Director of Engineering – Platform and Quality Engineering at Bread Financial and a speaker at the TestMu Conference 2026. “As AI agents take on a bigger share of the engineering workload, the real differentiator is how rigorously we validate what they build. TestMu Conference brings together the practitioners and leaders shaping that discipline, and I look forward to learning from and contributing to this incredible community. Platforms like TestMu Conference are vital; they give us the space to connect, share knowledge, and build the frameworks that will safeguard the AI-powered applications of tomorrow.”

    Wison Engineering (Stock Code: 2236.HK) announced that it has been awarded the US$3.9 billion Engineering, Procurement and Construction (EPC) contract for Phase 2 (New Natural Gas Processing Train at Habshan) of the Rich Gas Development (RGD) Project by ADNOC Gas, the gas-processing subsidiary of Abu Dhabi National Oil Company (ADNOC), in addition to a 220KV switch station. The total contract is valued at approximately US$4.04 billion. The RGD Phase 2 award is the largest EPC contract in Wison Engineering’s history.

    “Coinbase has received a Financial Services Permission (FSP) from the FSRA to establish its international tokenization hub in ADGM, the international financial centre of Abu Dhabi, the Capital of the United Arab Emirates (UAE). This is the most significant step it has taken yet toward building the infrastructure for a more open, more accessible global financial system. Coinbase has received the license from the FSRA of ADGM, clearing us to arrange deals in investments and provide custody in order to facilitate its launch of tokenized securities. This is the foundation for its international tokenization hub in Abu Dhabi.”

    The first wave includes senior UAE and Abu Dhabi government leaders alongside top global CEOs, chairpersons, founders, and institutional investors from industry giants such as Allianz SE, DBS Group, Franklin Templeton and Temasek Holdings. Abu Dhabi Finance Week (ADFW), hosted by ADGM, today announced the first cohort of leading speakers for its fifth edition, taking place from 7 – 10 December 2026 under the theme ‘The Capital Community, Powered by Partnerships.’

    DoGo Power has been presented with the 2026 Top Innovation Award by EUPD Research, a leading European research authority, for its fully self-developed 4S grid-forming energy storage technology. The honor marks official industry recognition of DoGo Power’s innovation capabilities. EUPD Research is one of the most credible third-party research and certification bodies in the global photovoltaic and energy storage sector, with a research network spanning Europe, the Americas, Asia-Pacific and the Middle East. Launched to honor manufacturers that have made outstanding progress in driving energy transition and sustained innovation, the Top Innovation Award commends exceptional technical strength and breakthrough innovative achievements, and serves as a core benchmark for measuring the technological innovation excellence of new energy enterprises.

    LG Electronics’ (LG) InstaView™ refrigerator, which allows users to see inside without opening the door, has reached a major milestone on its 10th anniversary, surpassing 5.3 million units in cumulative global sales since its 2016 launch. The milestone reflects a decade of continuous innovation that has transformed the refrigerator into a smarter, more intuitive appliance. In the UAE, LG continues to meet growing demand for premium home appliances through its extensive InstaView™ refrigerator portfolio, offering consumers a variety of designs and capacities to suit different lifestyles, household sizes and kitchen spaces.

    STARTRADER today announced the launch of 45 new 24/7 Stock and ETF CFDs, available from Monday through Sunday, 00:00–24:00 (GMT+3 platform time). The new instruments span seven areas: Chinese AI, AI infrastructure, technology, crypto and digital assets, energy, other equities, and ETFs. Among the new additions are Zhipu and MiniMax, two Hong Kong-listed Chinese AI companies that debuted on HKEX in January 2026.

    The forum brought together Islamic estate planning professionals, Shariah advisers, trust and estate practitioners, wealth managers as well as legal experts to explore effective approaches to preserving, managing and transferring wealth. Discussions encompassed estate administration beyond faraid, Shariah estate administration governance, succession planning and the use of trusts, takaful and other wealth structures.

    Colebrook Bosson Saunders (CBS) recently launched its 2026 Sustainability Report, detailing progress against its 2030 sustainability targets spanning carbon reduction, circular design, material transparency, packaging, supplier engagement and community impact. The report, the company’s second annual, tracks performance against its 14 sustainability targets across three pillars: environmental stewardship, human health and well-being, and leading credentials and transparency.

    “Following a milestone year for the exchange in 2025, I am pleased to see continued growth in the total number and value of listings on TISE in the first half of 2026,” said Cees Vermaas, Chief Executive Officer of TISE. “Although global macro-economic conditions have generated uncertainty across international bond markets over the past six months, our robust performance confirms TISE’s position as a leading European bond listing venue.”

    News and Outlook
    From Progressive Transition to the “AI-FIRST” Metamorphosis of the Artprice Meta-Database
    Following an in-depth strategic review approved by the Board of Directors, Artprice—the global leader in art market information for nearly three decades—is executing a major doctrinal shift in the integration of its proprietary artificial intelligence architectures, notably “Intuitive Art Market®” and “Blind Spot®”.

    Zettabyte, a global AI computing company, today announced the general availability of Model-as-a-Service on zCLOUD, its GPU cloud. Teams can efficiently call open-source models through API on Zettabyte’s NVIDIA H100, H200, B200 and B300 GPUs. Model-as-a-Service hosts popular open weight and open-source models, ready to call through an API and run on Zettabyte’s GPUs. NVIDIA H100 is available today, with pricing from US$1.99 per GPU-hour depending on needs and scale. zCLOUD is backed by a 99.5 percent uptime SLA target, and reserved clusters are built to deploy in under six hours from confirmed requirements.

    The fund will finance a luxury five-star hotel in Urban Wadi, a destination within the Sports Boulevard project in Riyadh, Saudi Arabia. Saudi Arabia is developing projects across tourism, entertainment, sport and culture as part of Saudi Vision 2030. Riyadh, the country’s capital, is home to several of these developments, including Sports Boulevard. Extending for more than 135 kilometres across the city, Sports Boulevard will connect sports facilities, public spaces, cultural attractions and entertainment destinations.

    POWERCHINA highlighted its long-standing role in South Africa’s energy and infrastructure development as the two-day South Africa-China Electricity and Energy Investment Conference opened at its Beijing headquarters on Aug. 3. Organized by South Africa’s Department of Electricity and Energy and the South African Embassy in China, with support from POWERCHINA, the event brought together more than 260 government, finance and industry representatives to explore over R2.2 trillion in investment opportunities through 2039 under South Africa’s Integrated Resource Plan 2025, spanning generation, transmission, energy storage and related manufacturing.

    Miss Palestine 2026 celebrates the complete Palestinian woman. Beauty remains part of the experience through poise, stage presence and confidence, while the wider platform is designed to amplify women’s voices, showcase their talents and create opportunities that extend far beyond the stage. “Miss Palestine is more than a title. It is a platform for Palestinian women to be seen, heard and supported, to represent our identity with confidence, share their talents with the world and create impact beyond the stage.” Nadeen Ayoub

    nubia, a highly personalized and lifestyle smartphone brand committed to bringing pro-level gaming to everyone, announced the global rollout of nubia Neo 5 Max, introducing a new PadPhone category that combines the expansive viewing experience of a compact tablet with the portable control of a gaming console. Built around a segment-leading 7.5-inch display, nubia Neo 5 Max brings together pad-level immersion, console-level control, immersive audio-visual feedback and AI-powered gaming assistance in one versatile device for gaming, entertainment and everyday productivity.

    As enterprises across Saudi Arabia increasingly explore practical applications of AI, organizations are seeking secure, scalable, and compliant cloud foundations that can support innovation at scale. As a top-three home appliance and furniture retailer with a strong omnichannel presence in Saudi Arabia, Alsaif Gallery has been advancing its digital transformation strategy to enhance both operational efficiency and customer experience. To accelerate the adoption of AI across its business while meeting requirements for performance, cost efficiency, and data compliance, the company selected Tencent Cloud as its cloud and AI technology partner.

    The study revealed that corporate communications in the UAE have evolved beyond their traditional role of responding to crises to become a strategic function that shapes the media narrative through transparency, timely responses, and delivering accurate information. It found that 71% of organisations consider rapid response to be the most critical factor in containing crises, while 78% identified misinformation as the greatest communications challenge. In addition, 73% of respondents reported that their organisations had been exposed to misleading content over the past two years, underscoring the importance of having a robust corporate communications system capable of early detection and immediate intervention.

    Latest News

    Eco-friendly vehicles provided the strongest lift to South Korea’s auto exports during the month. Their export value increased 25.5% from a year earlier to US$2.59 billion. Electric and hydrogen vehicle exports rose 31.9% to US$940 million. Hybrid exports advanced 22.2% to US$1.65 billion. By contrast, exports of internal combustion engine vehicles fell 3.1% to US$3.65 billion. Eco-friendly models accounted for about 41.5% of the country’s total automobile export value in July.