PR Newswire

    LG Electronics is inviting consumers from around the world to visit its exhibition at IFA 2026 in Berlin, Germany, from September 4 to 8. LG will showcase its AI Home vision, powered by “Affectionate Intelligence,” through integrated solutions that orchestrate connected experiences across customers’ living spaces, lifestyles, and everyday routines. LG will unveil the next evolution of its AI Appliances Orchestra concept, showcasing an expanded, AI-powered connected ecosystem that builds on the debut of the concept last year. The booth will bring products, services, and AI-powered experiences together to illustrate how LG’s solutions can work in harmony to make life more convenient, personalized, and efficient for European consumers.

    Award-winning online trading platform Mitrade Group is rolling out an upgraded MitradeGPT model to traders across the Middle East and North Africa (MENA) after receiving Global Business Magazine’s 2026 AI Broker of the Year award. The launch comes as growing use of AI in financial research raises questions about the accuracy, context and reliability of generated information.

    “We delivered another record quarter, growing net revenue 35% year-over-year and successfully navigating a shifting market backdrop, demonstrating both our ability to execute consistently as well as sustained customer demand,” said Thomas P. Gallagher, Chairman and Chief Executive Officer of MIAX. “Our options business remains strong, our model’s operating leverage drove record margins, and our Bloomberg® index futures suite is now live.”

    MIAX Exchange Group reached a record year-to-date (YTD) average daily volume (ADV) of 10.9 million contracts through July 2026, a 26.3% increase from the same period in 2025. MIAX Exchange Group set a YTD market share record of 16.9% through July 2026, compared to 16.4% in the prior-year period.

    The Global Environment Facility (GEF) Council today announced the selection of Diego Mesa Puyo as the family of funds’ next CEO and Chairperson. Mesa Puyo, an international leader in energy policy, economic development, and sustainability, and former Minister of Energy and Mines from Colombia, will serve an initial term of four years, aligned with the GEF-9 funding period and the last sprint towards critical 2030 environmental goals.

    Envision Energy, a global leader in green technology, today announced a collaboration with Sasol, a global energy and chemicals company, to advance the design study of a potential green hydrogen system at Sasol’s Sasolburg operations in South Africa. The collaboration marks an important step in exploring how future energy system can integrate renewable power, energy storage and electrolyser technologies to unlock new pathways to support the development of lower-carbon fuels and chemicals, including potential applications in eMethanol and sustainable aviation fuel (eSAF).

    MondeVita acquired a strategic majority position in Underscore District, the Milan based brand accelerator behind Magliano, GR10K and multibrand retailer WOK Store. The deal is the second step in MondeVita’s plan to build a new Italian luxury platform, adding brand development, retail and digital commerce to the manufacturing strength the group already owns. The transaction is supported by Underscore District’s existing shareholder base. Financial terms were not disclosed.

    TONGWEI, a global leader in renewable energy and one of the world’s largest integrated photovoltaic manufacturers, has once again secured a place on the 2026 Fortune Global 500, ranking No. 464 globally. This marks the fourth consecutive year that TONGWEI has been included in the prestigious ranking, recognizing its strong manufacturing capabilities, business resilience, and continued growth in the global clean energy market.

    China Petroleum & Chemical Corporation (HKG: 0386, “Sinopec”) has commissioned a specialty polyvinyl alcohol (PVA) resin facility with an annual production capacity of 50,000 metric tons at its subsidiary, Chongqing SVW Chemical Co., Ltd. The facility achieved stable operation during its initial startup and produced products that met quality specifications, with the first shipment already sent to Europe. The new facility increases the site’s total PVA production capacity to 210,000 metric tons per year, making it the world’s largest single-site production base for high-end PVA.

    The EverestAir addresses this with coverage up to 126m² and a CADR of 612 m³/h, powered by VortexAir™ Technology 3.0. Levoit’s Regional Business Director, Oscar Mei, stated: “GCC residents face persistent dust, seasonal pollen surges, and off-gassing from new furniture. The EverestAir was engineered for this environment—this is the comprehensive guardian families have been waiting for.”

    On July 30, 2026, the opening ceremony for Wison’s Abu Dhabi subsidiary and its new office was held in Abu Dhabi, the capital of the United Arab Emirates. Since establishing its first overseas office in Saudi Arabia in 2008, Wison has been actively involved in energy engineering projects across the Middle East, steadily building its regional market expertise and international project execution capabilities. The establishment of the Abu Dhabi subsidiary and the opening of its new office mark a significant step in Wison Engineering’s strategy to deepen its presence in the Middle East and advance its internationalization efforts.

    NuSummit Cybersecurity today announced it has become a Founding Signatory of the CREST AI Charter, joining a group of leading cybersecurity organizations committed to promoting the responsible use of AI across the industry. Through this commitment, NuSummit Cybersecurity supports CREST’s Nine Principles for AI-Enabled Activities, ensuring its AI-enabled services are built and delivered with strong governance, security, human oversight and accountability.

    Fans gathered on the Champs-Élysées as the Esports World Cup 2026 celebrated creators, Clubs, players and communities through France’s largest free public celebration of gaming and esports.The festival featured the first public unveiling of an official Esports Nations Cup national kit, revealing Team France’s jersey, designed in collaboration with adidas, ahead of the inaugural tournament in Saudi Arabia this November. More national jerseys, including Saudi Arabia’s, will be unveiled in the lead-up to the competition.

    Agthia Group PJSC (AGTHIA: UH), one of the region’s leading food and beverage companies, today reported its first-half and second-quarter of 2026 results, reflecting the growing impact of its multi-year transformation, with stronger cash generation, a materially healthier balance sheet, and a 14.4% increase in the interim dividend. Group Revenue increased 7.4% year-on-year to AED 2.6 billion, while EBITDA climbed 35.8% to AED 310.5 million, with Net Profit reaching AED 121.4 million. Group revenue increased 11.9% year-on-year to AED 1.3 billion in the second quarter, with EBITDA increasing 172.5% to AED 117.2 million.

    As Director, Dr. Hillings will bring this vision to life leading the museum’s strategic direction, overseeing its inaugural exhibitions and programmes, and establishing an institution that is rooted in Abu Dhabi and connected to the world, one that connects cultures, inspires people and celebrates art from the 1960s to the present.

    The Ajman Department of Tourism, Culture, and Media has achieved a new international milestone after receiving the ‘Star of Outstanding’ Recognition at the 2026 Global Challenge for World Heritage Education Innovative Cases (AWHEIC), organised by the World Heritage Institute of Training and Research for the Asia and the Pacific Region (WHITR-AP) in cooperation with UNESCO National Commissions. The Department was recognised for its ‘Promotional Stories’ initiative, which leverages storytelling to showcase cultural heritage and raise awareness of its significance, reflecting Ajman’s growing role in advancing innovative approaches in heritage preservation and education.

    PCG Global, a clean energy platform focused on renewable energy infrastructure, has announced the closing of its Pre-Series A financing round, led by GenZero, a wholly owned Temasek platform focused on accelerating decarbonisation globally. The company was founded in Singapore by the team behind PCG Power, one of China’s leading distributed energy operators, with more than 2GW of operational assets. PCG Global draws on this track record to replicate a full-cycle “development–construction–operation–asset securitisation–reinvestment” model across international markets.

    The Africa Business Investment Summit (ABIS) 2026 takes place on August 27-28, 2026, at MGM National Harbor, Washington DC Metro Area under the Patronage of His Majesty Otumfuo Osei Tutu II, King of the Asante Kingdom, in partnership with the Millennium Excellence. A gathering of investors, business executives, and African government officials will place approximately $4 billion in investment opportunities before global institutional capital, reflecting a growing interest in the continent as investors look beyond traditional developed markets for higher returns, diversification, and long-term growth.

    HUMAIN has made a strategic investment in Saudi AI company MOZN, combining HUMAIN’s full AI stack with MOZN’s enterprise AI products and Forward Deployed Engineering expertise to accelerate secure, production-scale AI deployments for financial institutions as well as public sector organizations. The partnership also represents one of the first strategic engagements under HUMAIN’s newly launched Banking, Financial Services and Insurance (BFSI) sector, establishing a flagship collaboration to accelerate sovereign AI adoption across financial institutions.