PR Newswire

“Artificial intelligence is becoming part of every nation’s critical infrastructure, and it must be built to the standards that governments and critical infrastructure operators require,” said H.E. Dr. Al-Raisi. “Alif Holding’s direction is in line with the UAE’s 2031 national agenda — engineering and manufacturing in the UAE, serving the UAE and the region, and reaching global markets. I look forward to working with the Board and the management team to build a group grounded in trust, security a

Under this transformation program, the bank will adopt the Finacle Deposits Suite, Finacle Lending Suite, Finacle Virtual Accounts Management, and Finacle Liquidity Management Solution on a multi-region Finacle SaaS platform. This integrated platform will enable Investec to enhance business agility, drive higher operational efficiency, and continually meet regulatory compliance, while supporting its evolving business and client needs.

Hoymiles, a global leader in smart solar and storage solutions, extends its partnership with Qssun, a leading renewable energy distributor in Saudi Arabia, to accelerate PV and energy storage deployment in Kuwait and the wider Gulf region. Centering around residential, commercial, and industrial applications, this strategic collaboration builds on the success in Saudi Arabia and reinforces Hoymiles’ commitment to delivering high-performance solar energy and storage solutions in the broader Gulf region.

Milliken & Company today announced the successful startup of dedicated production capacity for Millad ClearX™ 9000, the company’s fifth-generation clarifier technology designed to deliver exceptional clarity, performance, and processing efficiency in polypropylene applications. The new manufacturing capability strengthens Milliken’s ability to support customers with reliable supply, consistent quality, and continued innovation as demand for advanced polypropylene solutions grows worldwide.

Geopolitical events this year have exposed the speed at which the financial picture shifts. Disruption to shipping through the Strait of Hormuz has shown how a single shock can set off repricing across energy markets, rate expectations, currencies, commodities and equities. For traders, keeping pace requires more than following headlines; it means understanding how volatility travels from one market to the next. This understanding must be grounded in credible reporting, rigorous analysis, expert insight and dependable data.

The milestone reflects growing demand for tokenized market access as more users explore traditional financial markets through Binance. Early platform data indicates that bStocks is attracting a predominantly crypto-native audience, with many users using tokenized securities as their first exposure to traditional finance. According to Binance data, 41.5% of bStocks users began their traditional finance investment journey through tokenized securities on Binance, while Gen Z accounts for 44% of bStocks trading activity, making it the largest participating age group.

Under the banner of “Building Intelligent Industries”, the venture is structured around two integrated platforms: The intelligent equipment platform covers robotics and automation, advanced composite materials, and intelligent equipment and manufacturing. On the other hand, the intelligent software platform covers industrial AI, computer vision, AI agents and large language models, digital twin, and data and analytics. The Group’s business focus will be centered on government and public-sector projects, as well as mission-critical domains. Target industries include energy, oil and gas, ports, public safety, utilities, mining, transportation, smart cities and critical infrastructure. All related systems will be engineered to meet the security, reliability and continuity standards required for government-grade deployments. On the manufacturing front, the Group plans to establish engineering, assembly and production capabilities in Abu Dhabi, delivering on a “Made in UAE” proposition. Its development roadmap comprises four phases: acquiring proven global technologies, integrating them into a unified platform, manufacturing in the UAE to international standards, and scaling into regional and global markets. In terms of technology, the Group is committed to technology neutrality and open architecture, partnering with international AI, robotics, sensor, software, communications, and public safety and security technology companies. The initiative is strongly aligned with the UAE National Strategy for Artificial Intelligence 2031 and with Abu Dhabi’s development as a centre for artificial intelligence and advanced industry. According to PwC’s estimates, artificial intelligence could contribute close to US$96 billion to the UAE economy by 2030, equivalent

Real Madrid and ELITE Solar today announced a new global strategic partnership, bringing together one of the world’s most iconic sports institutions and a leading global photovoltaic manufacturer committed to advancing the clean energy transition. Through this partnership, ELITE Solar becomes an Official Partner and Official Solar Panel Provider of Real Madrid, joining forces with a club recognized worldwide for its pursuit of excellence, innovation, and leadership. The collaboration reflects the shared values of both organizations and their commitment to creating a lasting positive impact on future generations.

LAU ranked third globally in SDG 1: No Poverty—up from the fifth position last year—thanks to its extensive scholarship and financial aid offering. In SDG 8: Decent Work and Economic Growth, it placed 19th—a testament to the many initiatives, programs, and curricula that significantly enhance graduates’ employability and access to economic opportunity. Another significant feat is its 24th placement in SDG 17: Partnership for the Goals, which illustrates the university’s reach through its broad network of local, national, and international collaborations.