Arabian Post Staff -Dubai Dubai stocks ended lower on Friday as disappointing corporate earnings and escalating tension around the Strait of Hormuz weighed on investor sentiment, while Abu Dhabi’s benchmark managed a marginal gain. The Dubai Financial Market’s main index fell 0.4%, extending losses for a second consecutive session. Air Arabia and contractor ALEC Holdings were among the biggest drags after their quarterly results disappointed investors. Emaar […]
The UAE has strongly condemned Iran over attacks on two ADNOC-affiliated vessels travelling through the Strait of Hormuz, describing the strikes as a serious violation of international maritime rules and a threat to regional and global energy security. The vessels were attacked on the evening of Thursday, August 13, while transiting the strategically important waterway. No crew members were injured and the situation aboard the ships was […]
DP World plans to invest about $3 billion during 2026 as the Dubai-based ports and logistics group expands capacity across the UAE, Britain, the Democratic Republic of Congo, India and Saudi Arabia while navigating disruption to Middle East trade routes. The investment programme will focus on port capacity, terminal development and logistics infrastructure. Major projects include Jebel Ali Port and EZ World in the UAE, London Gateway […]
Arabian Post Staff -Dubai Oil prices edged higher on Friday as Washington’s warning that it could maintain a naval blockade of Iran indefinitely revived fears of tighter crude supplies, countering pressure from a sharp rise in US inventories and a weaker global demand outlook. Brent crude futures were up 1 cent at $87.08 a barrel by 0247 GMT, while US West Texas Intermediate crude rose 6 cents […]
Arabian Post Staff -Dubai Specialist salvage vessels, aircraft and pollution-control equipment are being deployed off Oman as crews race to contain a widening Russian crude oil spill that has reached the country’s mainland coast and threatens one of the Arabian Sea’s most sensitive marine ecosystems. The operation centres on the Caroline Bezengi, a 247-metre oil tanker that ran aground near Qabiliyah Island after suffering damage linked to […]
Arabian Post Staff -Dubai Abu Dhabi Securities Exchange has opened official live market data to conversational artificial intelligence platforms, allowing investors and institutions to interrogate exchange information through tools including ChatGPT and Claude using ordinary language. The initiative makes ADX the first exchange in the Middle East and North Africa to provide such access through a governed Model Context Protocol, or MCP, server. The system connects compatible […]
Arabian Post Staff -Dubai Sukuk have become more liquid than conventional bonds across key Gulf markets, with Saudi Arabia, Oman and Bahrain recording stronger trading conditions for Islamic debt as regional fixed-income markets recover from disruption caused by the US-Iran conflict. Liquidity scores for sukuk rose to 68 compared with 57 for bonds when US dollar outstanding securities were excluded, widening the gap between the two asset […]
The global race to develop new medicines is entering a new phase, and the UAE is positioning itself as one of the regions investing heavily in that transformation. Biotechnology companies, artificial intelligence researchers, healthcare providers, and government institutions are increasingly working together to accelerate drug discovery, improve clinical research, and reduce the time it takes for promising treatments to reach patients. For decades, medicine development has been […]
Arabian Post Staff -Dubai Google has removed false information from its search results that declared OpenAI chief executive Sam Altman dead, after vandalism of public information sources fed incorrect data into one of the search engine’s prominent information panels. The error appeared on August 12, when searches for Altman displayed a death date of August 12, 2026. Screenshots of the result spread rapidly across X and Reddit […]
Standard Chartered has initiated coverage of Chainlink’s LINK token with a price forecast of $200 by the end of 2030, betting that rapid expansion in tokenised assets and decentralised finance will sharply increase demand for the blockchain network’s infrastructure. The projection implies an increase of roughly 25 times from the price near $8 used when the forecast was prepared. The bank has set an interim target of […]
Zerohash is preparing to submit a narrower application for a US national trust bank charter after regulators returned its first filing without reaching a decision, creating a regulatory setback for the digital-asset infrastructure provider that powers cryptocurrency trading for Morgan Stanley’s E*Trade platform. The Chicago-based company expects to refile with the Office of the Comptroller of the Currency by the end of August, restructuring its proposal around […]
Metaplanet has rejected speculation that it sold hundreds of millions of dollars worth of bitcoin, saying a large movement of cryptocurrency detected on-chain was an internal custody transfer and that its holdings remain unchanged at 43,000 BTC. Chief Executive Simon Gerovich said the Tokyo-listed company transferred 5,014 bitcoin between Metaplanet-controlled custodial addresses over a 24-hour period. The cryptocurrency was worth roughly $320 million at prevailing market prices. […]
Arabian Post Staff -Dubai Kuwait has foiled an alleged ISIS-linked plot to attack a vital facility using a specially built drone and explosives, arresting a citizen before the planned operation could be carried out. The Interior Ministry said the State Security Service uncovered the plan after intensive monitoring and surveillance. Investigators found that the suspect had received training in manufacturing explosives and drones and had constructed a […]
Arabian Post Staff -Dubai Saudi Arabia has emerged among the world’s 10 leading destinations for private artificial intelligence investment, strengthening its position in a global race to secure capital, computing capacity and specialised talent. The World Development Report 2026, The Promise of Artificial Intelligence, places the Kingdom among a relatively small group of economies attracting substantial private investment into AI. The assessment comes as Riyadh directs more […]
Arabian Post Staff -Dubai A dispute over an alleged “lungi-wala” remark directed at CPI MP John Brittas triggered uproar in the Rajya Sabha, a privilege notice and a show of solidarity by Opposition MPs wearing traditional southern attire. Brittas told the House on Wednesday that a fellow member had repeatedly used the expression while he was speaking during proceedings on August 10. He later identified the member […]
XRP trading on Binance has entered a markedly calmer phase, with its 30-day realised volatility falling to about 0.34, the lowest level in roughly three months, as traders assess whether reduced price swings could set the stage for a larger market move. The decline represents a sharp reversal from June, when the same volatility measure climbed to about 0.53 amid heavier trading activity and wider price fluctuations. […]
Arabian Post Staff -Dubai Bangladesh Railway has received the first rake of 19 customised Linke Hofmann Busch broad-gauge passenger coaches manufactured at the Rail Coach Factory in Kapurthala, advancing a 200-coach procurement programme aimed at modernising its passenger fleet. The rake rolled out on August 12 with three air-conditioned sleeper coaches, three air-conditioned chair cars, 11 non-air-conditioned chair cars and two power cars. The coaches have been […]
Iran has reshaped its military leadership around battle-tested hardliners and ordered stronger offensive capabilities as negotiations with the United States remain deadlocked, signalling that Tehran is preparing for a prolonged confrontation rather than an early settlement to the Gulf war. Supreme Leader Ayatollah Mojtaba Khamenei has appointed six senior commanders across the Armed Forces General Staff, Islamic Revolutionary Guard Corps and Basij, placing veterans with extensive operational, […]
Arabian Post Staff -Dubai OpenAI has launched Inference Residency in the UAE, allowing eligible organisations to run artificial intelligence model inference on graphics processing units located within the country while using its enterprise and developer services. The move strengthens local control over sensitive AI workloads as government bodies and regulated industries expand their use of generative AI. The service is available to eligible customers using OpenAI’s API, […]
July’s US inflation report gave markets precisely for what they were braced. Headline CPI rose 3.4% year-over-year, core CPI came in at 2.5%, both a tenth of a point softer than June, both landing squarely on consensus. Stocks will likely take this as vindication, but I believe that investors should read it more carefully. An in-line print sounds reassuring by definition. It confirms the disinflation trend everyone […]
Arabian Post Staff -Dubai Space42 and Leonardo DRS have agreed to combine secure satellite communications with advanced military mission systems, opening a new avenue for sovereign defence capabilities and resilient command networks across the UAE. The memorandum of understanding creates a framework for integrating Leonardo DRS’s command, control and intelligence technologies with Space42’s satellite infrastructure and AI-enabled communications. The companies plan to explore jointly designed capabilities supporting […]
BEIJING, CHINA – Media OutReach Newswire – 12 August 2026 – SOKOYO, a top manufacturer of solar street lights, has installed 252 sets of lighting units in QatarEnergy‘s solar power project in Ras Laffan and Masaieed in Qatar.
SOKOYO’s installed in a municipal lighting project in an Asian country.
Installation of SOKOYO‘s split solar street lights for the project being built by Samsung C&T Corp. was completed in July. The arrangement of solar panels was customized at the customer’s request for ease of maintenance.
“SOKOYO provided us with a specially customized solution for our power station,” said Ms. Kathy, senior procurement manager for Samsung. “The entire solar street lighting system consistently met our expectations for brightness, battery life and overall reliability.”
SOKOYO, founded in 2008, has manufactured more than 1 million lighting units installed in a wide range of settings across SoutheastAsia, Africa, the Middle East and Central Asia.
The company manufactures its own LED modules, solar panels, batteries, light housings and light poles. They have third-party certification for European Union and other safety and reliability standards, which qualifies them for export to global markets.
SOKOYO is regularly appointed to bodies that establish national and industry standards.
SOKOYO‘s product line includes all-in-one solar street lights, all-in-two solar street lights and split-type solar street lights. They can be controlled remotely with IoT technology to improve safety and efficiency. Using solar power makes them immune to disruptions in supplies of oil and gas.
As the industry evolves to focus on “system-level R&D,” SOKOYO is reducing customer costs by enhancing reliability and resistance to heat and cold. To improve efficiency, it is developing smart lighting and IoT applications. It is promoting modular production, intelligent manufacturing and standardized process management.
The research team has seven engineers, some with more than two decades of industry experience. They develop technology for a wide range of environments and customer needs.
SOKOYO has experience in markets including Thailand, thePhilippines, Pakistan, Saudi Arabia and Nigeria. It has developed technology to cope with heat, humidity, sandstorms and low light during extended rains, a challenge in central Africa and other areas.
In Uganda, SOKOYO supplied 1,000 light sets to help improve safety on a busy expressway between the capital, Kampala, and the eastern industrial center of Jinja. They provide the first nighttime lighting on a 22-kilometer section of road crowded with trucks, buses and motorcycles.
In Yemen and the United Arab Emirates, SOKOYO lights use LED modules developed to cope with heat, sun and sand.
The company supplied more than 2,000 light units to Saudi Arabia‘s planned high-tech city of NEOM as part of the Saudi 2030 Vision plan.
An aerial view of SOKOYO’s industrial manufacturing park, supporting global B2B projects.
Customers can use SOKOYO‘s test facilities to try out different light configurations. Lights can be tested on roads of up to four lanes in an1,100-square-meter darkroom. Designers and urban planners can ensure light is distributed effectively, eliminating dark areas on the road and improving safety.
Batteries are tested to confirm they resist crushing, heat and cold, vibration, overcharging or being dropped. LED modules are drenched in salt spray for up to 72 hours to make sure they resist corrosion.
SOKOYO has been chosen for bodies that formulated eight national and industry standards including the “General Technical Specification for Solar Photovoltaic Lighting Devices” in 2025 with definitions and standards for split-type and integrated solar devices.
SOKOYO products have third-party certification that they meet standards of the International Electrotechnical Commission (IEC) and other bodies.Its batteries meet the requirements of the CB scheme under the IEC, recognized in more than 50 countries. Tests confirm they withstand overcharging, high temperature, vibration, impact and short circuit.
The company‘s solar panels received IEC certification that they meet standards for electric shock protection, temperature changes, damp, heat, humidity, hail impact and other factors.
SOKOYO participates in efforts to improve the industry‘s reputation by promoting “zero false labeling” and reliable products that refuse to cut corners.
SOKOYO pays attention to the environment. Its products are designed to minimize light pollution and limit disruption for wildlife, stargazers and the public.
Hashtag: #SOKOYO
The issuer is solely responsible for the content of this announcement.
Arabian Post Staff -Dubai Shipping through the Strait of Hormuz remains severely constrained as faltering diplomatic efforts between the United States and Iran deepen uncertainty over one of the world’s most important energy corridors. Only eight vessels were tracked transiting the strait on Tuesday, compared with a 10-day average of about 12. Seven entered through Iranian waters and only one, a coal carrier, exited. The figures followed […]
Arabian Post Staff -Dubai Moody’s Ratings has placed Binghatti Holding Ltd’s Ba3 rating on review for downgrade, signalling rising concern over the Dubai developer’s liquidity and its ability to generate sufficient cash as major debt obligations approach. The action covers Binghatti’s Ba3 corporate family rating and Ba3-PD probability of default rating. The company previously carried a stable outlook. The review reflects a sharp deterioration in unrestricted liquidity […]
