Arabian Post Staff -Dubai Saudi Arabian Refineries Company has moved to deepen its clean energy ambitions by signing a non-binding memorandum of understanding with China’s Ally Hydrogen Energy to develop a green ammonia production plant in Jazan Industrial City. The agreement, signed on 15 May, places Jazan at the centre of another proposed low-carbon fuel project as Saudi Arabia seeks to build industrial capacity around hydrogen, ammonia […]
Arabian Post Staff -Dubai Abu Dhabi’s Mubadala Energy has joined a $9.75 billion financing package for the Commonwealth LNG export project in Louisiana, giving a major Gulf investor a deeper role in the expanding United States gas export market as buyers seek long-term energy supplies outside traditional Middle East routes. The investment is tied to Caturus, the US energy platform developing the project in Cameron Parish, where […]
Arabian Post Staff -Dubai Tehran’s state broadcasting apparatus has drawn Gulf attention after a presenter fired at a target bearing the UAE flag during a televised firearms training segment, an on-air act that added a provocative media dimension to sharpening tensions between Iran and Abu Dhabi. The segment, aired on the state-run Ofogh TV network, showed a firearms instructor guiding the presenter through the handling of a […]
HONG KONG SAR – Media OutReach Newswire – 18 May 2026 – 2026 represents a definitive turning point as Artificial Intelligence transitions from experimental “pilot” phases to industrialized, enterprise-scale implementation. AI+ Power 2026, Hong Kong’s premier exhibition & conference for commercial AI applications, returns to the Hong Kong Convention and Exhibition Centre (HKCEC) from 4-5 Jun 2026. Now in its sixth edition, the event actively responds to the HKSAR Government’s “AI+” development strategy. Under the theme “AI+ Power in Action,” the expo focuses on how AI creates value and unlocks new market opportunities for enterprises. By showcasing a diverse array of AI solutions on-site, the event empowers businesses to remain competitive in an increasingly challenging business environment.
The 2026 Enterprise Imperative: Beyond Prompting – Agentic AI Enters the Era of Autonomous Execution
For today’s business leaders, the challenge is no longer understanding AI — it is choosing the right tools and applying them effectively. According to Gartner’s 2026 Strategic Trends, the enterprise landscape has moved beyond the initial GenAI hype into the era of Agentic AI — autonomous systems capable of independent decision-making and workflow execution. While most enterprises have begun AI deployment, the ultimate differentiator for 2026 is achieving the transition from “conversation to execution” and securing a measurable Return on Investment (ROI).
Culsin Li, Founder and Chief Visionary Officer of AI+ Power, noted: “In 2026, the most critical executive skill is becoming leaders who can strategically direct AI adoption. With AI applications entering the ‘no-code’ era, technical implementation is no longer the primary hurdle; the focus for leadership returns to the core of business: identifying operational pain points and defining strategic needs. AI+ Power 2026 serves as a premier platform where attendees can gain insights from expert-led case studies and source ready-to-deploy AI solutions to immediately resolve bottlenecks. We provide a comprehensive one-stop ecosystem, enabling decision-makers to transition seamlessly from strategic inspiration to procurement and final implementation.”
AI+ Power 2026 features six high-impact pillars designed to accelerate AI adoption:
Pillar 1: AI+ Summit – Strategic Roadmaps for Vertical Transformation
The AI+ Summit features a formidable roster of global pioneers, including Microsoft, HP, Adobe, BytePlus, and iFLYTEK, who will dissect the shift from smart office revolutions to autonomous AI agents.
To address the critical pillars of corporate governance and financial practice, the Summit has curated two flagship strategic forums:
The Summit will also cover MarTech, enterprise productivity, retail, and education, featuring leaders from MTR Lab, HSBC, Maxim’s Group, Hong Yip, HKT, PrimeCredit, and Logitech, alongside academic representatives.
Pillar 2: AI+ Expo – The Modern Workplace & Smart Living Revolution
Industry leaders Canon HK, Logitech, Shure, and iFLYTEK will demonstrate how AI-driven hardware eliminates operational friction, allowing teams to focus on core creativity.
Pillar 3: AI+ Skills Lab — Zero-Barrier Mastery for Decision Makers
To address the enterprise talent gap, the AI+ Skills Lab has been launched this year to provide hands-on, practical training. Led by a team of veteran practitioners including Arik Chan from GDG HK (CISSP-certified), Frankie Wu from GDG HK and also Founder of Nexamind AI, and Roland Leung, Director of Datality Lab, the lab is tailor-made for non-technical decision-makers. It emphasizes a “small-class, laptop-ready” approach; featured highlights include OSINT-driven fraud detection using Google Gemini, the deployment of privacy-safe enterprise AI agents, and rapid AI-powered commercial video creation using Seedance 2.0 and KlingAI 3.0. This practical experience empowers participants to “Learn Today, Apply Tomorrow,” transforming AI into real-world productivity.
Pillar 4: Embodied AI & Robotics — The First “Smart Living Experience Zone”
Breaking away from pure software solutions, the event debuts the first “Smart Living Experience Zone,” presenting the physical manifestation of AI integrated with robotics in environmental management, medical rehabilitation, and gerontech. Highlights include environmental robots capable of automatic waste classification and autonomous cleaning; medical assistant systems for physical therapy and ward delivery; and non-invasive “passive fall detection” care solutions. These innovations are setting new benchmarks for automated operations across the property management, healthcare, and social welfare sectors.
Pillar 5: AI Strategic Advisory Hub & Industry Networking — Unlocking New Business Opprtunities
The event proudly presents the “AI Strategic Advisory Hub,” a flagship initiative designed to disrupt the traditional one-way nature of business matching. Technical experts from leading providers will transform into “Consultants”, offering decision-makers immediate diagnostics and tailored deployment advice. Navigating a vast array of technical choices can be overwhelming; this “Advisory Hub” is dedicated to helping enterprises pinpoint high-ROI implementation pathways, ensuring that technology investments translate directly into tangible profitability. Furthermore, the two-day event features exclusive industry networking sessions to foster deep dialogue and strategic exchanges between technology pioneers and enterprise leaders.
Pillar 6: AI+ Power Awards 2026 — Recognizing the Future Leaders of Commercial AI
The AI+ Power Awards 2026, a highly anticipated flagship event, returns to honor the region’s most innovative, impactful, and commercially viable AI applications. This year has seen an unprecedented level of competition, and the first-round finalists have officially been announced. Shortlisted organizations in key categories such as “AI+ in Business” and “AI+ Project of the Year” include industry pioneers such as Maxim’s Group, CITIC Telecom CPC, iFLYTEK, ASTRI, and Lingnan University. The final winners will be grandly unveiled in late May.
Capturing the Momentum of AI Scaling: Building a New Era for Innovation
AI+ Power 2026 responds proactively to the HKSAR Government’s “AI+” strategy, embodying the core spirit of “AI+ Power in Action.” We are committed to transforming policy vision into commercial reality, helping enterprises successfully transition from AI “observers” to “active practitioners.”
Through high-level summit exchanges, immersive exhibition experiences, step-by-step practical training, and prestigious award recognition, we empower every attendee to seize first-mover advantages in the age of AI scaling. Together, we are driving Hong Kong’s evolution into the premier Asia-Pacific hub for commercial AI innovation.
Secure Your Advantage: Register Now
Online pre-registration for AI+ Power 2026 is now officially open. Trade visitors and industry professionals are invited to register for free admission and pre-book seats for keynote summits and hands-on Skills Lab workshops. Please note that workshop seating is limited and available on a first-come, first-served basis.
Register Now: https://bit.ly/3R9W3fC
Event Details:
Hashtag: #AIPower #AIPower2026
The issuer is solely responsible for the content of this announcement.
Baobab Tree Event Management Co., Ltd. (BTE) is a Hong Kong–based event and exhibition organizer founded in 2011, with offices in Guangzhou, Shanghai, and Beijing. With over 20 years of industry experience, the company specializes in event management, exhibition operations, marketing, sales, and on-site delivery.
The company manages the delivery of Hong Kong’s signature mega events, including the Hong Kong Chinese New Year Parade and the Hong Kong Wine & Dine Festival, both organized by the Hong Kong Tourism Board, while also developing and managing professional exhibitions across multiple industry sectors such as AI and digital technology, Food & Beverage, Veterinary, Non-Woven, Professional AV, and PCB & electronics manufacturing, serving regional and international markets.
Committed to sustainable development, the company integrates ESG principles into its operations and has completed an independent ESG assessment, achieving Level 1 status under an assessment framework developed by the The University of Hong Kong and ESG Development Co., Ltd.
Official website: 
www.baobab-tree-event.com
Arabian Post Staff -Dubai Abu Dhabi authorities contained a fire at an external electrical generator outside the inner perimeter of the Barakah Nuclear Power Plant in Al Dhafra after a drone-linked incident, with officials reporting no injuries, no radiological impact and no disruption to essential nuclear safety systems. The incident drew swift attention because Barakah is the Arab world’s first commercial nuclear power station and a central […]
Washington’s defence establishment is confronting a sharper supply-chain warning after President Donald Trump left Beijing claiming major trade progress, while China kept key controls on materials vital to US weapons, aircraft, satellites and advanced electronics. Trump ended his two-day visit by declaring that he had reached “fantastic trade deals” with President Xi Jinping, saying the understandings would benefit both economies. The commercial package pointed to tariff discussions, […]
Samsung Electronics and its largest labour union will return to negotiations on Monday in a high-stakes attempt to prevent an 18-day strike that could disrupt semiconductor production, unsettle global technology supply chains and deepen pressure on South Korea’s export-led economy. The talks, to be held with government mediation, follow days of failed discussions over pay, performance bonuses and transparency in reward structures at the world’s largest memory […]
Strategy has moved to buy back about $1.5 billion of its 2029 convertible notes, sharpening a capital-management push that sits alongside its ambition to build one of the world’s most dominant Bitcoin reserves. The Virginia-based company, formerly known as MicroStrategy, agreed on May 14 to repurchase roughly $1.50 billion in principal amount of its 0 per cent convertible senior notes due 2029 for an estimated cash price […]
CertiK has warned that attackers are using artificial intelligence to scan ageing smart contracts for exploitable flaws, raising the risk level for decentralised finance projects that still rely on older code, inherited protocol designs and under-maintained deployments. The blockchain security firm’s May 15 alert points to a shift in the economics of crypto attacks. Vulnerability hunting that once required time, specialist knowledge and manual review can now […]
SpaceX is moving towards a record-breaking stock market debut that could value Elon Musk’s rocket, satellite and artificial intelligence empire at about $1.75 trillion, placing public investors before one of the most ambitious and complex listings ever attempted on Wall Street. The company is preparing to list on Nasdaq under the ticker SPCX as early as June, with plans that could raise roughly $75 billion. Such a […]
Kelp DAO has moved rsETH back towards normal operations after a $292 million April exploit exposed weaknesses in cross-chain verification and triggered one of decentralised finance’s largest recovery efforts of the year. The liquid restaking protocol, working with Aave and other ecosystem participants, has completed the burn of exploiter-linked rsETH on Arbitrum and begun restoring the token’s backing through a staged refill into the LayerZero OFT adapter […]
Users of JDownloader have been warned to check systems and delete suspicious installer files after attackers compromised the project’s official website and redirected selected Windows and Linux downloads to malware-laced files during a narrow but serious exposure window on May 6 and May 7, 2026. The breach affected users who downloaded the Windows “Download Alternative Installer” or the Linux shell installer from jdownloader. org during that period. […]
Qatar Science & Technology Park has launched a $30 million Tech Venture Fund to back early-stage deeptech companies headquartered in Qatar, positioning the initiative as a new capital channel for founders working in artificial intelligence, robotics, biotechnology, advanced materials and clean technology. The fund, unveiled by the Qatar Foundation member in Doha, will invest in startups with measurable social or climate impact and will operate alongside a […]
Arabian Post Staff -Dubai Manama has gained another marker in its shift towards cash-light commerce as stc Bahrain became the first telecommunications provider in the kingdom to introduce Mastercard’s Click to Pay, adding a faster checkout option for customers making digital payments. The launch places the telecom operator deeper into Bahrain’s expanding financial technology ecosystem, where mobile wallets, instant transfers and tokenised card payments are becoming part […]
Tesla’s robotaxi programme is facing renewed scrutiny after crash data filed with the National Highway Traffic Safety Administration showed that its self-driving ride-hailing service remains a limited and closely monitored operation, despite repeated claims that autonomy would soon become a central pillar of the company’s growth. The disclosures show 17 reported incidents involving Tesla robotaxis between July 2025 and March 2026, most of them low-speed crashes in […]
California has barred Kars4Kids from airing its familiar vehicle-donation jingle in its current form after a court found the campaign misled donors about who benefited from their contributions. The ruling by Orange County Superior Court Judge Gassia Apkarian found that the long-running radio and television advertisements violated California’s false advertising and unfair competition laws by omitting material information about the charity’s mission, geographic focus and beneficiaries. Kars4Kids […]
The measure, effective from 16 May for three months, applies to selected motor vehicles including passenger cars, jeeps, vans, buses, goods transport vehicles, ambulances, electric vehicles and hybrids. Vehicles for which letters of credit were opened on or before 15 May are exempt, limiting the immediate disruption for importers who had already committed payments before the order took effect.
The surcharge is levied on the applicable customs import duty, rather than directly on the total value of a vehicle. For many private vehicles, the customs import duty had stood at 30 per cent, meaning the added surcharge raises that component to 45 per cent. Other taxes and levies, including excise duties, value-added tax and sector-specific charges, mean the final tax burden on imported cars can be far higher than the headline customs duty figure.
Deputy Finance Minister Anil Jayantha Fernando said the step was designed to encourage buyers to delay vehicle imports rather than halt the trade outright. He said the government was responding to a sharp rise in import expenditure and added pressure on foreign reserves. “Given the current pressure on foreign exchange, we want people to delay their imports by three months,” he told reporters in Colombo.
The decision marks a swift policy adjustment by President Anura Kumara Dissanayake’s administration as Sri Lanka attempts to balance consumer demand, revenue needs and currency stability after years of severe economic strain. Vehicle imports were heavily restricted after the island’s 2022 financial collapse, when the country ran short of foreign exchange and struggled to pay for fuel, food and medicines. The gradual reopening of imports was seen as a sign of economic normalisation, but it has also revived concerns about the pressure placed on the balance of payments.
Sri Lanka remains dependent on imported fuel, leaving the economy exposed to swings in global crude prices. Tensions across the Middle East have pushed energy costs higher, forcing authorities to reassess import priorities. Fuel prices have already climbed sharply this year, adding to the cost of transport, electricity generation and logistics. The government is trying to prevent higher oil bills from draining reserves at a time when the country remains under a $2.9 billion International Monetary Fund programme.
The rupee has weakened against the US dollar this year, with official figures showing a fall of about 4.5 per cent since January. Central Bank Governor Nandalal Weerasinghe has warned lawmakers that the currency could remain under pressure unless global oil prices ease or the country reduces energy imports. That warning sharpened the policy case for curbing non-essential import demand, particularly in high-value categories such as vehicles.
Vehicle importers and consumers are likely to face a tougher market over the next quarter. The surcharge may delay purchases, reduce showroom availability and raise prices for buyers who choose to proceed. Importers with confirmed letters of credit before the cut-off date may have a temporary advantage, while new buyers could defer orders until the surcharge expires, provided the government does not extend it.
The policy also carries revenue implications. Vehicle imports are a lucrative source of tax income, and Sri Lanka has relied on trade-related levies to support public finances during its recovery. A surcharge may increase tax collected on each imported vehicle, but lower import volumes could offset that gain if buyers hold back. The government’s calculation appears to prioritise currency defence and reserve management over short-term market expansion.
Arabian Post Staff -Dubai Money managers have lifted bullish copper wagers to their highest level in five months, reinforcing a powerful rally that has pushed New York futures to record territory and sharpened debate over whether the market is pricing a durable supply squeeze or a crowded speculative trade. Hedge funds and other large speculators raised their net-long position in Comex copper by 16 per cent to […]
President Donald Trump is nearing a decision on whether to revive US air strikes against Iran as diplomatic efforts to reopen the Strait of Hormuz remain stalled and military planners prepare options for a sharper phase of confrontation. Senior aides have drawn up plans that would allow Washington to resume attacks if Trump concludes that negotiations have failed. The preparations do not mean a strike order has […]
Arabian Post Staff -Dubai Abu Dhabi has moved to accelerate a strategic crude oil pipeline expansion that would sharply increase exports through Fujairah, as confrontation between the United States and Iran intensifies pressure on the Strait of Hormuz and exposes the vulnerability of Gulf energy routes. The project is designed to double the country’s capacity to ship crude from the Gulf of Oman coast by 2027, reducing […]
Floci has crossed 10,000 GitHub stars as software teams look for a free, no-account alternative to LocalStack for local AWS emulation after a licensing and distribution change disrupted established development workflows. The milestone, reached on May 15, 2026, marks a sharp rise for the MIT-licensed project, which presents itself as a drop-in replacement for LocalStack’s former community edition. The shift has drawn attention from developers running automated […]
Health authorities have moved to contain a new Ebola virus disease outbreak in Ituri province in the Democratic Republic of the Congo, triggering an urgent regional coordination meeting with Uganda, South Sudan and international response partners as concern grows over cross-border transmission. The Africa Centres for Disease Control and Prevention confirmed the outbreak on Friday after investigations identified 246 suspected cases and 65 suspected deaths. Most infections […]
Africa is losing about $5 billion a year to currency conversion costs, exposing a costly weakness in the continent’s ambition to build a seamless single market. A fresh assessment of cross-border trade barriers says limited currency convertibility remains one of the biggest obstacles facing businesses, traders and consumers across the continent. The cost arises because payments between African countries often pass through foreign currencies, mainly the dollar […]
Ethereum is entering a critical trading phase as BitMine Immersion Technologies pushes its corporate treasury close to 5 per cent of the network’s total supply, sharpening debate over whether concentrated accumulation can support prices or magnify volatility. The token was trading near $2,227 on Saturday, after slipping during the session from an intraday high above $2,310. The move kept ether above the $2,100 level watched by some […]
