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.
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.
Centered on the theme “Light Up Living,” the campaign marks an important evolution in how Himel presents its residential offering. Rather than spotlighting a single hero product, Dream Home brings together a broad portfolio of wiring devices, EV charging solutions and other home electrical products to demonstrate how connected technologies can support every stage of modern living — from everyday convenience inside the home to a more sustainable lifestyle beyond it.
Attovia Therapeutics, a portfolio company of Qiming Venture Partners and clinical-stage biopharmaceutical leader, successfully listed on the Nasdaq on August 5, 2026 Beijing time. Attovia Therapeutics (Nasdaq: ATTO) issued shares at a price of $17.00 per share and opened at $21.00 per share, with an approximate market capitalization of $904 million. Commencing operations in 2023, Attovia develops next‑generation biotherapeutics for immune‑mediated diseases with high unmet medical needs. All of Attovia’s product candidates are discovered on its ATTOBODY biologics platform, which is licensed under an exclusive worldwide license from Alamar Biosciences, also a portfolio company of Qiming Venture Partners. Leveraging an evolution‑based high‑throughput workflow, the platform enables rapid discovery of highly diverse candidates that can be assembled into monospecific, bispecific and trispecific biologics.
Launching initially in Tanzania followed by Rwanda, this collaboration significantly enhances payment convenience for international travellers while unlocking new commercial opportunities for local businesses. As the lead market for the rollout, Tanzania will see immediate expansion of UnionPay acceptance across key tourism and commercial sectors, including hospitality, retail, restaurants, transport, petroleum, and lifestyle merchants.
LG Electronics is inviting consumers from around the world to visit its exhibition at IFA 2026 in Berlin, Germany, from September 4 to 8. Under the theme “Innovation in Tune with You,” 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. At IFA 2026, 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.
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. That reliance is evident in HSBC’s 2026 research involving UAE investors….
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. Before his selection as the GEF’s next CEO and Chairperson, Mesa Puyo served as Deputy Chief of the Climate Policy Division of the International Monetary Fund. As Colombia’s Minister of Energy and Mines in the 2018-2022 administration, he led one of Latin America’s most ambitious energy transition agendas, launching market reforms that mobilized more than $3 billion in private investment and accelerated the deployment of variable renewable energy from near-zero levels to one of the fastest-growing clean energy markets in the region. He also played a central role in advancing energy transition and climate action legislation, embedding sustainability objectives in economic and development policy. “I am deeply honored to serve as the next CEO and Chairperson of the Global Environment Facility at this pivotal moment for the international community,” Mesa Puyo said. “Countries need trusted partners that can help turn ambition into action. Building on the GEF’s remarkable legacy, I look forward to working with the Secretariat, member countries, and partners around the world to achieve environmental and development goals together by integrating solutions, catalyzing
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).
Skye Africa Intelligence (Pty) Ltd (“Skye”) and the East, Central and Southern Africa Health Community (“ECSA-HC”) today announced a Memorandum of Understanding establishing a regional partnership to deploy AI-enabled health solutions across the ECSA-HC membership, announced on the sidelines of the 16th ECSA-HC Best Practice Forum, taking place from 2 to 7 August 2026 in Manzini, Eswatini.
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.
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.
Discussing how to move innovation from the laboratory to commercial deployment, Li argued that real-world industrial settings should determine technology priorities. He cited partnerships with XCMG Group and Australian mining giant Fortescue as examples. Together they are creating integrated green value chains linking mines, railways and shipping—for example, using renewable energy to power electric locomotives and producing ammonia and methanol from renewable hydrogen for marine fuel. These system-level applications, Li said, create the real-world demand that drives innovation.
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. The Summit will open with a royal keynote from the Asante King Otumfuo Osei Tutu II, and feature institutional investors, private equity and private credit firms, multilateral development institutions, blended finance organizations, development finance institutions, sovereign representatives, policymakers, family offices, and business leaders to explore investment opportunities across infrastructure, mining, natural resources, agriculture, manufacturing, technology, energy, and other strategic sectors.
At the forefront is the Nexode Air 65W Charger, a compact yet powerful solution for MacBook Air users. Despite its pocket-size, it delivers up to 65W of stable fast charging. Beyond MacBook Air, it also provides ample power for iPhone, iPad, AirPods, and other Apple devices, making it a versatile companion for both work and travel. UGREEN also offers the Nexode Air 65W Charger Slim as an ultra-portable alternative, featuring a three-device charging capability for added convenience on the go. Both products are equipped with UGREEN’s Thermal Guard™ temperature control and offer broad compatibility across Apple devices, ensuring safe and reliable charging in a compact form.
Optimizing Streaming Performance Through Advanced Tencent Cloud SolutionsBroadcasting a global football tournament of this magnitude requires a resilient technology backbone capable of handling surging traffic, supporting millions of concurrent requests, and maintaining uninterrupted performance from the opening match to the final whistle. To meet these demands, tapmad partnered with Tencent Cloud to strengthen its streaming capabilities and ensure audiences across Pakistan could stay connected to every moment of the action.
The Ummbila Emoyeni Wind Farm Phase one, developed by Seriti Green and powered by 25 Goldwind GWH182-6.2 MW smart turbines, has a total capacity of 155 MW. With a rotor diameter of 183.5 metres, it features the largest rotor diameter among all operational wind projects in South Africa to date. President Ramaphosa hailed the project as a pivotal milestone for South Africa’s Just Energy Transition and national sustainable development agenda. Chinese Ambassador to South Africa Wu Peng congratulated the project on its milestone success, noting that this undertaking stands as a compelling testament to pragmatic and fruitful China-South Africa bilateral collaboration.
Oxford ELLT Express enables eligible test takers to receive their English language test results within 12 working hours of completing all components of the Oxford ELLT. The service also provides same-day Speaking test appointments, letting students take a live speaking test with a human examiner with as little as two hours’ notice.
“My immediate priorities are to build a management team rooted in the UAE, to establish sound operating and governance systems, and to translate the Group’s technology and manufacturing capabilities into deliverable outcomes — based in the UAE, serving the GCC and reaching global markets,” said Dr. Al-Mansory.”Building the Group calls for leadership that combines sound governance with the ability to execute,” said H.E. Dr. Ahmed Naser Al-Raisi, Chairman of Alif Holding. “I look forward to working with Dr. Al-Mansory and the management team.”