Thursday, September 17

    PR Newswire

    Tanmiah Food Company inaugurated the Tanmiah Innovation Center at its headquarters in Riyadh, bringing the full innovation journey under one roof. The center accelerates Tanmiah’s path from concept to market with faster consumer feedback, seamless product iteration, and greater cost efficiency. It enhances capabilities to experiment with new ideas and locally sourced ingredients, developing healthier products tailored to evolving consumer preferences across the Kingdom. The center advances local food security, raises quality standards, elevates the profile of unique Saudi ingredients, and supports the Kingdom’s vision of a sustainable, self-sufficient food sector.

    Accely, a global SAP Gold Partner and enterprise transformation company, has appointed Murali Kurra as Chief Revenue Officer for the Middle East. He will lead sales across the region and own Accely’s revenue strategy, covering existing account growth, renewals and new market entry. Murali has spent more than twenty years in enterprise applications and the SAP ecosystem, in senior sales and leadership roles at IBM, DXC Technology, Fujitsu, Bristlecone, Zensar Technologies and Edraky.

    Set to become a distinctive addition to the Kingdom’s leisure, wellness and tourism portfolio, Club Hawaii @ Bahrain Surf Park will introduce an immersive experience built around world-class surfing, family leisure, dining, retail, events and social spaces. The project will bring the MENA region’s best in class surf park powered by Wavegarden Cove technology to the Kingdom, while contributing to the wider transformation of Bilaj Al Jazayer as one of Bahrain’s most dynamic coastal destinations.

    Huawei Cloud Stack Summit, themed “Agentic Hybrid Cloud: Powering a New Era of Intelligence,” brought together leading enterprises from around the world to explore emerging trends in digital infrastructure and AI and share insights from real-world deployments, highlighting how AI can unlock new levels of productivity across industries.

    GeeTest, a leading provider of bot management and fraud prevention solutions, is showcasing its latest technologies at GISEC Global 2026, taking place September 16–18 at the Dubai Exhibition Centre (DEC), Expo City. Visitors can meet GeeTest at Booth D301-1, Hall 8 to explore adaptive approaches to detecting automation, preventing fraud, and protecting digital platforms. At this year’s event, GeeTest is demonstrating how adaptive, agile, and automated risk control can help organizations respond to increasingly sophisticated threats.

    During the May to September 2026 survey period, respondents lowered their expectations for A-share market gains, reduced expected returns and showed less willingness to invest. 58.6% expected A-share prices to rise, down 5.2 percentage points from April 2026. The expected rate of return fell 1.8 percentage points to negative 0.7%. The pullback was sharpest for direct stock investment: the net proportion seeking to increase stock holdings fell 7.3 percentage points to 10.7%; the corresponding figure for equity funds declined 1.2 percentage points to 13.4%. Trading activity in China’s A-share market continued to rise. From December 2024 to August 2026, turnover ratios rose from 2.39 to 4.2 for the Shanghai Composite Index and from 5.84 to 8.5 for the Shenzhen Composite Index. Price-to-book ratios, however, rose only modestly—from 1.13 to 1.25 in Shanghai and from 1.93 to 2.4 in Shenzhen. Confidence remains fragile beyond equities. The survey indicates softer household consumption and a prolonged property adjustment. It also reflects a structural imbalance: although China needs private enterprises and consumers to generate demand, financial capital continues to flow disproportionately to the government and state-owned enterprises.

    Mr. Hou Jinlong, Director of the Board of Huawei and President of Huawei Digital Power, stated in the opening speech that decarbonization, electrification, digitalization, and intelligence have become the long-term trends of global energy transition. However, there is no one-size-fits-all solution to the energy transition. Different regions and economies face varying and structural complex challenges. In regions with high renewable energy penetration, the focus is on system safety. In emerging economies, the focus is on ensuring power supply and reducing costs. In underdeveloped regions, the focus is on inclusive access to electricity. The integration of grid-forming technology with AI enables renewable energy to achieve low cost, high reliability, sustainability, and supply security. This provides a brand-new, replicable, and feasible solution for energy transition. Huawei Digital Power is committed to working with all partners to promote the vision of “grid forming everywhere and AI for everywhere” and build a healthy, prosperous, and sustainable digital power industry ecosystem.

    JAC Motors unveiled four electrified models at IAA Transportation 2026, under the theme “For Greener Cities, NOW!”. Displayed at Hall 12, Stand C08, the line-up includes the SUNRAY PRO electric van, N90 EV and N42 EV electric light-duty trucks, and T9 PHEV plug-in hybrid pickup. Europe is a key market in JAC Motors’ global expansion, said Oscar Yu, General Manager of JAC International. JAC commercial vehicles are already present in Germany, Spain, France, Norway, Denmark, Sweden and Switzerland, with full European market coverage targeted by 2028. The SUNRAY PRO makes its European public debut, offering a WLTP range of 348 km and quick charging capabilities.

    Beehive, the region’s first digital peer-to-peer SME financing platform, has partnered with Taageer Finance Co. SAOG, one of Oman’s leading finance companies, to sign an agreement to expand access to financing for small and medium-sized enterprises (SMEs) across the Sultanate. To date, Beehive Oman has supported financing for more than 270 SMEs across Oman, and since its inception, Taageer Finance has financed more than 22,000 SME customers across 15 key economic sectors. The collaboration brings together Beehive’s digital financing capabilities and SME-focused platform with Taageer Finance’s extensive experience, established market presence and track record in supporting businesses across Oman. Through the partnership, at least OMR 36 million in financing will be made available to eligible SMEs across Oman, supporting businesses with a minimum of two years of trading history.

    Zhou Jianjun, Vice President of Huawei and President of Global Marketing, Sales and Services, Huawei Digital Power, attended the opening ceremony and unveiled Huawei’s grid-interactive AI data center (AIDC) solution during the key industry achievement release session. This solution aims to tackle the new challenges of power acquisition, high-density power supply, high-density heat dissipation, and complex delivery, operation, and maintenance in AIDC construction during the AI era, by leveraging system-level compute-electricity synergy to maximize tokens per watt.

    BANGKOK, Sept. 16, 2026 /PRNewswire/ — Billions of dollars in energy agreements are moving from discussion to delivery at Gastech 2026. By the end of day three, memoranda of understanding, supply agreements and investment commitments with a combined estimated value of $40 billion USD were announced or advanced in Bangkok, cementing Gastech’s essential role as the global meeting place where the energy industry does business. The agreements announced and progressed during Gastech 2026 demonstrate the event’s unique ability to turn strategic dialogue into commercial action. Producers, buyers, governments, investors, technology leaders and infrastructure providers are using the event to secure long-term supply, expand power-generation capacity, unlock new resources, strengthen shipping capability and build the infrastructure projects required to meet rising global demand.

    “The MP-14 Origin by Jeff Koons is a horological interpretation of creation itself: the moment where energy becomes form and form becomes time. It is more than measuring time, it’s about returning to its source. Motion is generative. A central tourbillon becomes the first pulse and everything else unfolds around it like a controlled expansion. It’s the idea of a Big Bang translated through engineered motion, material tension, and the physics of light,” said Jeff Koons on the collaboration.

    Available in three editions – mirror-polished stainless steel, red or blue anodized aluminum – the Classic Fusion Balloon Dog by Jeff Koons turns form into presence and time into something tangible. The Classic Fusion Balloon Dog, inspired by Koons’s iconic mirrored balloon sculptures, translates the emotional language of inflatables into a radical object of horology. This unprecedented collaboration, limited to 200 pieces per edition, breathes new life into the iconic forms of Koons’ beloved Balloon Dog, transforming the sculpture into a captivating series of timepieces that redefine the boundaries of wearable art.

    “Energy storage technologies must overcome two barriers to achieve large-scale deployment: affordability and availability,” said Dr. Nazar Yi, Chief Technology Officer of HiTHIUM. Sodium is abundant and widely distributed, supporting resource security and supply-chain stability. As sodium-ion material systems, manufacturing processes and supply chain continue to mature, sodium-ion batteries can move from an energy technology to infrastructure.Building on its integrated capabilities in R&D, manufacturing, quality and supply-chain development, HiTHIUM has transferred its expertise to sodium-ion development, from materials to station applications.”We started from the most fundamental chemistry and materials, retracing the 30-year journey of lithium-ion batteries,” said Dr. Aileen Wang, Director of Battery Research Institute. Following this mindset, HiTHIUM pursued integrated innovation in cell design and manufacturing processes, developing the ∞Cell N785Ah sodium-ion battery for energy storage. It features a 20,000-cycle service life, supports 2 to 8 hours storage durations, and is fully compatible with HiTHIUM’s 1,000 Ah lithium-ion manufacturing platform, including cell and system integration production lines, supporting rapid sodium-ion production scale-up.

    “We selected TMX Trayport because of its proven ability to support complex commodity markets with trusted, scalable technology. Their experience in market connectivity and enabling digital execution, combined with Fastmarkets’ lithium expertise, gives Fastmarkets Connect a strong foundation to support a more efficient and connected physical lithium market,” said Raju Daswani, CEO of Fastmarkets.

    The joint platform combines the Lenovo ThinkEdge SE455 V3 rugged edge server with the MemryX Cascade 100P AI accelerator to process video and sensor data on site. This helps organizations reduce latency, maintain greater control over their data and limit reliance on centralized, power- and cooling-intensive AI infrastructure.

    Rosewood Hong Kong (No.1) has once again been named The World’s Best Hotel 2026. The list celebrates hotels from 22 destinations across six continents, with Europe leading the way with 21 winning hotels. Chablé Yucatán (No.9) in Mexico wins the Bombay Sapphire Eco Hotel Award, audited by the Sustainable Restaurant Association. In its second year, the Johnnie Walker Art of Design Award is presented to Hôtel du Couvent (No.38) in Nice, France.

    TestMu AI launched Kane CLI in April 2026 as a terminal-native browser automation tool built for both human developers and AI coding agents, including Claude Code, Codex CLI, Cursor, and Gemini CLI. Operating on plain-language intent rather than selectors, Kane CLI lets teams describe a flow and get a pass-or-fail verdict with a full step trace and screenshot, export flows to native Playwright code, and run headlessly in CI pipelines. Since launch, it has added AI-powered test case generation through kane-cli generate, which turns a one-line description into scenarios and test cases. The Assurance Lifecycle is the next step: tests that are derived from the actual requirement documents, not just from a prompt.