PR Newswire

    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.

    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. The award-winning 4S grid-forming energy storage technology, fully developed in-house by DoGo Power, is a key technical system built for new power systems. It deeply integrates four core components: the Energy Management System (EMS), Power Management System (PMS), Power Conversion System (PCS) and Battery Management System (BMS). By simulating the operating characteristics of synchronous generators through algorithms, the technology can independently establish grid voltage and frequency references, effectively addressing grid stability challenges brought by high-penetration renewable energy integration.

    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). Where previous 24/7 expansions were anchored around specific themes, this one is defined by its breadth. The new instruments span seven areas: Chinese AI, AI infrastructure, technology, crypto and digital assets, energy, other equities, and ETFs.

    Labuan IBFC Incorporated Sdn Bhd (Labuan IBFC Inc.), the official marketing agency for Labuan International Business and Financial Centre (Labuan IBFC), together with the Association of Shariah Advisors in Islamic Finance Malaysia (ASAS) and the Society of Trust and Estate Practitioners (STEP) Malaysia brought together industry practitioners and experts to explore the intersection of Islamic wealth planning, estate administration and Shariah governance, with a focus on cross-border wealth management and family governance.

    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 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.”

    The expression of support from the Ehrmann family and Groupe Serveur (majority shareholder) for the expansion of Artmarket.com’s business will materialize very shortly through an increase in their shareholding in Artmarket.com via the acquisition of additional Artmarket.com shares. Naturally, all required disclosures will be made to the AMF (French Financial Markets Authority) and online within legal deadlines during authorized trading windows.

    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. Teams can build on them directly, without sourcing, installing, and tuning a model themselves. NVIDIA H100 is available today, with pricing from US$1.99 per GPU-hour depending on needs and scale.

    The fund will finance a five-star hotel in Urban Wadi, one of the unique mixed-use destinations being developed along Riyadh’s 135-kilometre Sports Boulevard. 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. It aims to encourage active lifestyles, improve access to green spaces and support Riyadh’s development as a more connected and liveable city.

    South Africa-China Electricity and Energy Investment Conference Opens at POWERCHINA Headquarters to Advance Long-Term Energy Partnerships BEIJING, Aug. 12, 2026 /PRNewswire/ — 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.

    Hosted by Nadeen Ayoub, Miss Palestine 2022 to 2025 and the first Palestinian woman to compete at Miss Universe, the 2026 competition marks a new chapter for Palestinian women on the international stage. Guided by the theme “Beauty Beyond Borders,” it brings traditional elegance together with purpose, confidence and meaningful opportunity.

    nubia Neo 5 Max brings the PadPhone concept with its segment-leading 7.5-inch 1.5K display, delivering 27% more visible area than nubia Neo 5 5G. Featuring an 18.7:9 golden aspect ratio for a more focused gaming experience, the device enlarges enemy outlines by 40% in FPS games. It carries SGS-certified hardware-level eye-care certification for full-scene low blue light and true DC dimming, combined with self-developed eye-caring software functions and smart eye-use reminders, keeping players comfortable every round.

    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.

    71% of UAE organisations prioritise rapid response, establishing a pioneering corporate communications framework for crisis management. The study was conducted by The PR Academy MENA in Dubai. 78% identified misinformation as the greatest communications challenge. The UAE’s advanced communications model is underpinned by a proactive strategy that combines transparency, rapid response, and integrated messaging.

    Now in its fourth year, Fintech Forward has emerged as a leading industry gathering, underscoring both the dynamism of Bahrain’s financial services ecosystem and the robust backing of industry stakeholders collectively committed to advancing its future. Bringing together a broad network of leading financial institutions and ecosystem partners, the event convenes thought leaders and chief executives from across Bahrain, the region, and international markets. The curated programme of keynote sessions, panel discussions, exhibitions, and strategic networking opportunities provides a space for knowledge exchange and building partnerships at a time of profound transformation across the global financial landscape.

    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.

    Spanning 287,000 square meters, The Ellinikon Sports Park has been designed as an open, accessible destination designed for high-performance and recreational athletes alike, as well as families, tourists, and all Athenians, reinforcing sport, wellness, and public space as defining elements of the project’s vision for a 15-minute city. The park features a completed track and field complex, football pitches, and throwing field, alongside free-play courts for tennis and basketball, athletes’ dorms, flexible recreation areas, and 115,000 square meters of expansive landscaped and open green space.

    Located in the South Al Sharqiyah Governorate, approximately 440 km from the Port of Duqm, the project will comprise 16 wind turbines, each with a generation capacity of 7.7 MW. The commercial operation is expected in Q3 2027. Once operational, the JBB Wind Farm is expected to generate sufficient renewable electricity to power more than 13,500 Omani households annually, while avoiding over 270,000 tonnes of CO₂ emissions each year. The project will also contribute to local economic development through job creation, skills transfer, and opportunities for Omani businesses throughout the construction and operational phases.