Arabian Post Staff -Dubai ROX has begun local vehicle production at its newly completed Advanced AI Manufacturing Centre in Abu Dhabi, with the first three ADAMAS models carrying the “Made in the Emirates” mark rolling off the line. The company said the start of production marks a new phase in its localisation strategy, extending its Abu Dhabi presence from regional operations into manufacturing, supply chains, technology and […]
By Prosenjit Biswas, Head of Marketing at Masdar EOR How can a foreign company hire employees in the UAE without setting up its own local entity? This is a common situation for international companies entering the UAE. You may want to hire one employee, build a small team, mobilise people for a project, or simply test the UAE market before committing to establishing your own company. The […]
HONG KONG SAR – Media OutReach Newswire – 6 September 2026 – Shenzhen HQVT Technology Co., Ltd. (01392.HK), a prominent leader in China’s multispectral artificial intelligence sector, has published its interim financial results for the six months ended June 30, 2026. Marking the company’s inaugural operational scorecard following its listing on the Main Board of the Stock Exchange of Hong Kong on June 22, 2026, the interim report confirms accelerating commercial momentum across its core product lines. According to Frost & Sullivan data, HQVT ranks first in China’s overall multispectral AI industry and first in the multispectral AI large model services segment by revenue, reinforcing its established competitive moat across critical physical space safety scenarios. Further underscoring its market leadership, HQVT was recently recognized by LeadLeo Research as a top 10 benchmark vendor in China’s physical AI industry application practice.
Hong Kong Stock Connect Inclusion Set to Unlock Mainland Capital and Enhance Trading Liquidity
Hang Seng Indexes announced on August 21, 2026, that HQVT has been officially included in the Hang Seng Composite Index. The index change will be implemented after the market close on September 4, 2026, and will take effect on September 7, 2026. Upon this effective date, both the Shanghai and Shenzhen Stock Exchanges are expected to simultaneously add HQVT to the list of eligible stocks under the Stock Connect programs (Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect). This will formally enable mainland Chinese investors to trade the stock through their Stock Connect accounts from September 7 onward.
The Stock Connect channel is expected to significantly broaden HQVT’s investor base by providing access to mainland China’s substantial retail and institutional capital pools. The influx of mainland investors via Stock Connect is poised to materially enhance trading liquidity.
Recent Financial Developments Of The Company
The financial results reflect a structural shift toward high-value software intelligence, with consolidated interim operating revenue reaching RMB 410.5 million, representing a strong year-over-year increase of 84.5%. The primary growth engine was multispectral AI foundation model services, which surged 382.5% year-over-year to RMB 320.0 million, elevating the segment’s revenue contribution. Excluding non-recurring listing expenses, adjusted net profit reached RMB 27.6 million, up 21.9% compared to the prior-year period, while net cash used in operating activities narrowed by 50.2% year-over-year to RMB 34.2 million, and cash and cash equivalents amounted to RMB 595.6 million as at 30 June 2026, keeping the financial position sound. To support long-term product differentiation, HQVT expanded its R&D expenditure by 125.3% year-over-year, maintaining an R&D headcount ratio of 43.1% and amassing a portfolio of 158 registered patents (including 101 invention patents) and 46 software copyrights.
Proprietary Multispectral Sensing Across Mission-Critical Infrastructure
HQVT’s technological foundation centers on its proprietary “Super Eye” perceptual platform, an integrated vision architecture that extends detection capabilities beyond visible light 380 nm – 780 nm into the ultraviolet 10 nm – 380 nm and thermal infrared 780 nm – 1 mm bands. Processing sensory inputs via the proprietary “Zhiyuan Origin Large Model”—which has completed dual filings with the Cyberspace Administration of China (CAC) and recently secured Shenzhen’s official model service provider qualification—the system detects micro-arcing, dielectric degradation, and localized thermal spikes long before physical combustion occurs. This capability is deployed through a three-tier collaborative defense matrix combining Tier-1 rack-level internal monitoring, Tier-2 room-level spatial sensing, and Tier-3 autonomous robotic patrol scanning.
This technological framework achieved significant commercial milestones across key industrial verticals during the first half of 2026. In the Internet Data Center (IDC) space, where high-velocity forced-air cooling systems often dilute smoke and hinder traditional detectors, HQVT secured large-scale AI foundation model deployment contracts from a prominent Shanghai state-owned enterprise and a Shenzhen-listed enterprise. Concurrently, in electrical power systems and new energy infrastructure, the company entered into a strategic collaboration agreement with Deep Robotics to integrate multispectral AI modules into quadruped robotic inspection platforms, enabling contact-free, online fault diagnostics across high-voltage substations, cable interlayers, and distributed battery energy storage installations.
Edge AI Breakthrough and Scalable Global SaaS Expansion
A major technical milestone during the interim period was the successful migration of HQVT’s foundation model architecture from centralized server clusters to compact Edge AI terminals powered by the NVIDIA Jetson AGX Orin platform. By removing the necessity for expensive on-premise compute servers and eliminating cloud-network latency, this on-device implementation drastically lowers initial capital expenditures while ensuring instantaneous safety responses. This edge breakthrough transforms HQVT’s commercial delivery model, facilitating product standardization and expanding the company’s addressable client base beyond large state-owned enterprises into the broader commercial market and small and medium-sized enterprises.
Soochow Securities, in its inaugural coverage report on HQVT dated July 31, 2026, assigns a “Buy” rating with a target price of HK$58.57 per share—implying approximately 113% upside from the Sept 04 closing price of HK$27.42. The broker’s valuation is anchored on 2027E revenue of RMB 1.31 billion at a 32x P/S multiple, citing the stock’s scarcity value as the only Hong Kong Main Board-listed multispectral physical AI pure-play, the industry’s 40%+ CAGR, and anticipated margin recovery as hardware costs are amortized across repeat projects. The report notes that the Edge AI breakthrough serves as the single largest near-term catalyst, with commercialization orders representing the critical verification point for investors.
Looking ahead, HQVT is directing its IPO capital toward expanding production capacity, advancing edge-model iterations, and executing an international go-to-market strategy. To penetrate overseas markets, the company has partnered with Singapore-based LINKWISE to accelerate deployments across Southeast Asian data centers and is actively preparing channel rollouts in the Middle East and Europe. By pairing standardized edge perception hardware with cloud-based Software-as-a-Service (SaaS) subscription tiers for analytics and diagnostic reporting, HQVT is positioning itself to build recurring, high-margin international revenue streams within the global physical AI safety sector. The interim results approval by the board on August 28, 2026, and the September 7 Stock Connect effective date represent the two immediate catalysts for investor attention.
Hashtag: #ShenzhenHQVTTechnology
The issuer is solely responsible for the content of this announcement.
Arabian Post Staff -Dubai Al Mazunah Free Zone has lifted cumulative investment above OMR141 million after localising four new projects in the first half of 2026, according to figures released by its operator, the Public Establishment for Industrial Estates, or Madayn. The four projects carry investment of more than OMR620,000 and cover industrial and logistics activities as well as export offices. Together they will occupy more than […]
Tata Consultancy Services has committed with partners to invest up to ₹700 billion in a one-gigawatt artificial intelligence data centre campus in Hyderabad, marking one of the largest planned AI infrastructure projects in the country. The project will be developed by TCS subsidiary HyperVault AI Data Center Limited on 264 acres secured in Hyderabad, Telangana. TCS said the campus would be built in phases, with the pace […]
By Dr. Gyan Pathak The talks between the representative of the United Forum of Bank Unions (UFBU) and the Indian Banks’ Association (IBA) held on September 4 has failed. On the one hand, UFBU has said that they are not in a position to defer their multiple strike schedule in banks, beginning from September 11, […]
HONG KONG SAR – Media OutReach Newswire – 5 September 2026 – The “Hong Kong Fashion Fest Gala 2026”, one of the eight flagship programmes of the third edition of Hong Kong Fashion Fest, was held on 3 September 2026. Sponsored by the Cultural and Creative Industries Development Agency (CCIDA) under the Culture, Sports and Tourism Bureau of the Government of the Hong Kong Special Administrative Region, and organised by the Hong Kong Fashion Council, this year’s Gala was held under the theme, “Rhythm of the Heart”, the same theme of the third edition of Hong Kong Fashion Fest. The Gala brought together fashion, art and culture in a cross-disciplinary celebration. The opening ceremony was officiated by the Secretary for Culture, Sports and Tourism, Miss Rosanna Law, JP and the Hon Sunny Tan, BBS, Legislative Council Member (Textiles and Garment) and Chairman of the Hong Kong Fashion Council. marking the official opening ceremony of this much-anticipated annual event on Hong Kong’s fashion calendar.
(From Left) Ms. Rainy Chan (Executive Director, Hong Kong Design Centre) Mr. Roger Chan (Chairman, Clothing Industry Training Authority) Mr. Steve Leung (Chairman, Hong Kong Design Centre) Hon. Sunny Tan, BBS (Chairman of the Hong Kong Fashion Council, and Member of the Legislative Council, the Honourable Sunny Tan, BBS.) Miss Rosanna Law, JP (Secretary for Culture, Sports and Tourism) Ms Sophia Chong (Executive Director, Hong Kong Trade Development Council) Mr. Kevin Yeung (Chairman, Hong Kong Fashion Designers Association) Dr. Elita Lam (Principal, Hong Kong Design Institute) Miss Drew Lai (Commissioner for Cultural and Creative Industries)
Speaking at the Gala, the Secretary for Culture, Sports and Tourism, Miss Rosanna Law, JP, saying: “Building on Hong Kong’s unique kinetic pulse and East-meets-West synergy, and with the Government’s steadfast backing through the Cultural and Creative Industries Development Agency, our creative ecosystem is thriving. Within this dynamic landscape, fashion design stands as an indisputable driving force. The Hong Kong Fashion Fest continues to champion fashion as a profound art form and a canvas for self-expression — one that weaves together vision, culture, and history.”
Meanwhile, Hon Sunny Tan, BBS, Legislative Council Member (Textiles and Garment) and Chairman of the Hong Kong Fashion Council, extended his gratitude to the participating organisers and industry partners for their steadfast support, saying: “The third Hong Kong Fashion Fest reflects the collective commitment of the Government, CCIDA and industry to advancing Hong Kong’s fashion development. With creative talent, international connectivity and strengths across trade, tourism, finance, and textile and apparel, Hong Kong has every ingredient to grow as an international fashion hub for Asia.”
In addition, rising favourite by international brands, Jeffrey Ngai and the popular stylish film actress Louise Wong attended the occasion in glamorous style. They were joined on the red carpet by leading fashion influencers and celebrities from Hong Kong and around the world, including Ameera Khan, Fil Xiaobai, Hanan Besovic, Irene Kim, Susanna Lau and Elva Ni. The star-studded presence added glamour and energy to the gala, highlighting Hong Kong’s extraordinary position and appeal as an international fashion hub.
Hong Kong Ballet × Robert Wun:
A Groundbreaking Cross-Disciplinary Stage Experience
One of the key highlights of the Hong Kong Fashion Fest Gala 2026 was “Glam Rock”, a specially presented three-act ballet performance by Hong Kong Ballet. Taking an innovative and bold approach to ballet, the production reinterpreted the art form by seamlessly blending classical and contemporary dance. The performance was accompanied by iconic rock anthems from Queen, Depeche Mode, and the legendary Hong Kong band Beyond. The powerful rhythms and dynamic physicality of the dancers delivered an exhilarating and refreshingly unconventional experience for the audience.
The dancers performed in bespoke costumes designed by internationally acclaimed Hong Kong designer Robert Wun. Renowned for his cinematic and sculptural silhouettes and refined narrative-driven aesthetics, Wun’s designs became another visual highlight of the evening. Through “Glam Rock”, world-class choreography, avant-garde fashion and rock music converged into a wholesome and unique artistic expression, offering guests a profound stage experience that combined visual spectacle with cultural references. The production vividly embodied the urban rhythm and creative pulse at the heart of this year’s theme, “Rhythm of the Heart.”
“Top 10 Asian Designers to Watch” Fashion Show and Award Presentation:
Showcasing the Next Generation of Asian Fashion Talent
Another major highlight of the Hong Kong Fashion Fest Gala 2026 was the “Top 10 Asian Designers to Watch Fashion” Fashion Show & Awards Presentation Ceremony,” which showcased the exceptional craftsmanship and distinctive creative visions of ten outstanding designers from different parts of Asia. With a multitude of design languages and cultural sentiment, the showcase presented the dynamic multi-cultural fashion spectacle and forward-thinking approaches to fashion and aesthetics.
Sponsored by the Cultural and Creative Industries Development Agency (CCIDA), Fashion Asia Hong Kong’s “10 Asian Designers to Watch” programme is presented by the Hong Kong Design Centre. The programme is dedicated to discovering and promoting the next generation of Asian design talent, and to provide emerging designers with greater visibility, professional exchange and industry opportunities.
The issuer is solely responsible for the content of this announcement.
About Hong Kong Fashion Fest
Announced by the Hong Kong Special Administrative Region Chief Executive in the 2023 Policy Address, “Hong Kong Fashion Fest” will be organised to develop Hong Kong into a fashion design hub in Asia. Through consolidating various fashion design events and introducing innovative elements and affiliate activities annually, the Hong Kong Fashion Fest promotes Hong Kong’s fashion and textile design brands and boosts Hong Kong’s position as a prime destination for hosting mega cultural and creative events. Under the theme “Rhythm of the Heart”, the third edition of Hong Kong Fashion Fest is being held from 1 to 14 September 2026 at various landmarks in Hong Kong. The event will bring together eight flagship programmes organised by six industry organisations and, for the first time, will be combined with CENTRESTAGE – the annual fashion extravaganza organised by the Hong Kong Trade Development Council – to generate stronger synergies. The event will attract fashion design industry players from all over the world to come to Hong Kong; foster collaboration, innovation and business opportunities; establish platform for local and international fashion designers and brands and connect with different sectors in the fashion design industry of Hong Kong, the Chinese Mainland and overseas, thereby consolidating Hong Kong’s position as the East-meets-West centre for international cultural exchange.
About Cultural and Creative Industries Development Agency (CCIDA) The Cultural and Creative Industries Development Agency (CCIDA), formerly known as Create Hong Kong (CreateHK) since 2009, was established in June 2024. CCIDA is a dedicated office under the Culture, Sports and Tourism Bureau of the Government of the Hong Kong Special Administrative Region (HKSAR Government) to provide one-stop services and support to the cultural and creative sectors with a mission to foster a conducive environment in Hong Kong to facilitate development of the arts, culture and creative sectors as industries. CCIDA’s strategic foci are nurturing talent and facilitating start-ups, exploring markets, promoting cross-sectoral and multi-disciplinary collaboration, promoting industrialisation of the arts, culture and creative sectors under the industry-oriented principle, and fostering a creative atmosphere in the community, thereby reinforcing Hong Kong as Asia’s creative capital and our positioning as the East-meets-West centre for international cultural exchange.
Disclaimer: The Government of the Hong Kong Special Administrative Region provides funding support to the project only, and does not otherwise take part in the project. Any opinions, findings, conclusions or recommendations expressed in these materials/events (or by members of the project team) are those of the project organisers only and do not reflect the views of the Government of the Hong Kong Special Administrative Region, the Culture, Sports and Tourism Bureau, the Cultural and Creative Industries Development Agency, the CreateSmart Initiative Secretariat or the CreateSmart Initiative Vetting Committee.
About Hong Kong Fashion Council Established in 2024, Hong Kong Fashion Council is a not-for-profit representative body dedicated to uniting all fashion initiatives in Hong Kong to support the growth of the fashion industry. HKFC envisions Hong Kong as Asia’s leading international fashion hub, leveraging the city’s unique geographical and multicultural context to drive creativity, innovation, collaboration, and sustainability in fashion. Committed to supporting stakeholders throughout the entire fashion ecosystem, HKFC is building a collaborative network between the East and the West to showcase Asia’s vibrant fashion identity.
Maharashtra Chief Minister Devendra Fadnavis has laid the foundation stone for Bajaj Finserv’s planned technology-led corporate campus in Pune, a 7.2-million-square-foot development the company says will become the country’s largest single-location financial services office.
The campus at Koregaon Park Annexe is being designed around artificial intelligence and Internet of Things systems that will monitor environmental conditions, occupancy and infrastructure and adjust building operations in real time. Bajaj Finserv describes the project as its first “sentient” corporate campus.
Fadnavis unveiled a commemorative plaque at the September 4 ceremony, which was attended by Deputy Chief Minister Sunetra Pawar, Pune Mayor Manjusha Nagpure, Bajaj Finserv Chairman and Managing Director Sanjiv Bajaj and other officials.
The company said the project would consolidate its diversified financial services businesses at a common address for the first time, bringing together operations spanning lending, deposits, payments, insurance and investments. The complex is also planned to include what Bajaj Finserv says will be Pune’s tallest steel tower.
Fadnavis said Bajaj Finserv had built a significant position in the state’s fintech ecosystem by using technology to widen access to loans, insurance and other financial services. He said the new campus would strengthen Pune’s role as a financial-technology centre and described the project as a major addition to Maharashtra’s business infrastructure.
The development is intended to use AI and IoT systems across energy management, water consumption, air quality, crowd density, movement and safety. Sensors and analytics are expected to help the campus respond to changes in weather and occupancy, while predictive maintenance systems will monitor critical infrastructure. Automation and robotics are also planned for some campus operations.
Bajaj Finserv said sustainability, environmental design and employee wellbeing would be the three main design pillars. The buildings are being planned to global LEED and Indian Green Building Council standards, with renewable energy intended to power the campus.
The company has set a target of recycling 80 per cent of water used at the site, alongside rainwater harvesting and zero-waste measures. Those features form part of Bajaj Finserv’s stated goal of achieving carbon neutrality for Scope 1 and Scope 2 emissions by the 2031-32 financial year.
Sanjiv Bajaj said the project was intended to combine environmental responsibility with the group’s financial inclusion goals. He said the campus would use eco-efficient and biophilic design, AI-driven systems and renewable energy while placing employee health and wellbeing at the centre of the workplace plan.
Green zones are expected to include Ayurvedic gardens, Miyawaki forests and replanted native forests, with species from Maharashtra selected to support biodiversity. The design will seek to increase natural daylight and ventilation and reduce cooling requirements, according to the company.
Indoor environmental monitoring is planned at floor and cluster level, covering air quality and temperature. Employees are also expected to use an integrated Bajaj One application for services such as navigation, parking and facility bookings.
The project includes plans for a medical centre with telemedicine and emergency-response facilities as well as dedicated wellness support. Bajaj Finserv said these services would be integrated with the wider digital infrastructure of the campus.
The company also plans to incorporate art, craft and heritage traditions from across the country into the development, including lesser-known and lost art forms. Elements of Bajaj Finserv’s corporate social responsibility programmes and work produced by programme beneficiaries are expected to feature within the campus design.
Fadnavis used the ceremony to highlight the Bajaj group’s long association with Maharashtra and its role in the state’s industrial development. He also referred to the legacy of Jamnalal Bajaj, the industrialist and freedom movement figure associated with the group’s early history.
Bajaj Finserv already has several corporate and group offices in Pune. The new site is intended to serve as the company’s principal corporate office and create a single large workplace for businesses that are now spread across different locations.
Arabian Post Staff -Dubai Dell Technologies and Armada have signed a memorandum of understanding to develop containerised mobile and edge data centre solutions across Saudi Arabia, targeting organisations that need computing and storage capacity close to operations. The agreement, announced on Friday after being signed during LEAP 2026 in Riyadh, sets a framework for combining Dell’s enterprise hardware and infrastructure stack with Armada’s specialised mobile, containerised data […]
The showcase connects creative imaging with everyday printing across instant cameras, photo printers, label makers and portable A4 printers.
BERLIN, GERMANY– Media OutReach Newswire – 4 September 2026 – The global debut of the EQ3 takes center stage in Hanin’s consumer printing showcase at Booth H20-139 during IFA Berlin 2026.
For many instant-camera users, the ideal experience sits between two worlds: the emotional pull of a large physical print and the control to shape an image before it leaves the camera. The EQ3 brings those ideas together in a square-format hybrid instant camera designed for users seeking larger instant prints.
The EQ3 draws on more than two decades of Hanin’s experience in printing technology. Today, more than 400 R&D professionals support a growing portfolio of products serving users across more than 100 countries and regions. Edit In Camera. Print Only What Is Worth Keeping. The EQ3 offers customizable filters, image adjustment and in-camera collage creation. Users can refine images before printing, helping reduce wasted prints without sacrificing spontaneity.
Its larger square format suits portraits and everyday scenes, while dye-sublimation printing produces durable photos. A removable battery makes replacement easier and supports longer use.
“The moment can be spontaneous; the print should be intentional,”said Shaowei Song, General Manager of Hanin’s Consumer Electronics Division. “EQ3 gives people the freedom to create first, then keep the moments that matter in a larger square format.”
The display also includes the Z1, Z2, M3, M5S, M6 and M6 Pro, spanning ZINK ink-free and dye-sublimation printing. Selected models offer built-in displays, reprinting and Bluetooth connectivity for app-based printing.
From Creative Imaging to Everyday Printing Beyond instant cameras, the portfolio includes photo printers for smartphone images, label makers for homes and small businesses, and portable A4 printers for documents beyond the desk.
Together, the categories connect creative expression with everyday use and create opportunities for retailers, distributors and technology partners.
The issuer is solely responsible for the content of this announcement.
About Hanin
Xiamen Hanin Co., Ltd. develops and manufactures printing equipment for consumer, commercial and industrial applications. Hanin’s thermal printer mechanisms have held the world’s No. 1 market share by sales volume for seven consecutive years.
Iran’s worsening fiscal squeeze is spilling into daily life as collapsing oil revenue, a record-low currency and surging prices force Tehran to balance military demands against the cost of keeping fuel, food and other essentials affordable. The pressure has sharpened after Iranian crude exports fell to roughly 260,000 barrels a day in August from about 1.7 million before the latest tightening of US economic pressure, draining the […]
Kenya’s President William Ruto has ordered Tata Chemicals to end its operations in the country and said two new companies would be brought in to replace it, escalating a dispute over the future of soda ash mining at Lake Magadi.
Ruto announced the decision during a visit to Kajiado County on Thursday, arguing that Tata Chemicals’ long presence in the area had delivered insufficient industrial development for local communities. He said any replacement investors would be expected to establish manufacturing operations in the county rather than simply extract and export raw materials.
The president said one of the incoming companies should develop a major glass manufacturing plant, while another would produce chemicals in Kajiado. His comments signalled a shift towards requiring more domestic processing of minerals and greater value addition around Lake Magadi, one of Kenya’s best-known mineral production centres.
“That TATA company… had that contract for 100 years. They have not built anything in Kajiado, they have not built any factory in Kajiado,” Ruto said. He questioned why Kenya should continue exporting soda ash while importing products such as glass that can be manufactured using the mineral.
Tata Chemicals said it respected the authority of Kenya’s government and remained committed to resolving outstanding issues through the appropriate legal and regulatory channels. The company said its Kenya unit had submitted a comprehensive response to matters raised by the Ministry of Mining, Blue Economy and Maritime Affairs, including information concerning compliance with applicable regulatory requirements.
The latest order follows a government directive that halted mining operations at Tata Chemicals Magadi Limited on July 28. The company had also been required to suspend exports of soda ash from its Magadi operation while the ministry reviewed regulatory concerns.
Tata Chemicals said on August 17 that it had provided all information, reports and documentation requested by the ministry and was awaiting further direction. At that stage, the company said it believed it had demonstrated compliance and was seeking a clear pathway to resume operations.
The company has disputed any suggestion that its activities have brought no benefit to the area. It said last month that about 500 employees and their families, as well as contractors, suppliers, transporters and local businesses, depended directly or indirectly on its Magadi operations. It also said about 30,000 people in the surrounding community benefited from its programmes in water, healthcare, education, infrastructure and community development.
Tata Chemicals Magadi describes itself as Africa’s leading producer of natural soda ash and one of Kenya’s leading exporters. The company says it exports more than 350,000 tonnes annually to markets in Southeast Asia, India, the Middle East and elsewhere in Africa.
Its financial performance in Kenya has weakened amid pressure on global soda ash prices. Tata Chemicals reported that the Magadi unit generated revenue of ₹5.86 billion in the financial year ended March 2026, down from ₹6.12 billion a year earlier. Earnings before interest, tax, depreciation and amortisation fell to ₹1.01 billion from ₹1.42 billion, while net profit declined to ₹480 million from ₹1.18 billion.
The company nevertheless recorded higher sales volumes in Kenya during the year and commissioned new equipment, including a five-megawatt solar plant, a solar pond and a 50,000-tonne electric calciner soda ash facility. Those investments were disclosed before the July suspension.
Ruto’s government is now tying future access to the Lake Magadi resource to industrial projects inside Kajiado. Kenya’s state news agency said the president indicated that a new investor would be required to establish glass and chemical processing facilities before receiving a licence to operate.
The change places the Magadi operation’s ownership, workforce and supply relationships under fresh uncertainty. Tata Chemicals said its immediate priorities remained the welfare of employees, the Magadi community and other stakeholders while it continued engagement with government authorities.
No timetable has been announced for the two prospective replacement companies to begin operations, and the government has not publicly identified them. Details of how existing mining rights, licences, assets or contractual obligations would be transferred have also not been disclosed.
Arabian Post Staff -Dubai Vice President JD Vance has rejected describing the United States’ confrontation with Iran as a war, arguing that major combat operations ended weeks ago despite a sharp renewal of strikes across the Gulf. “I wouldn’t call it a war,” Vance told reporters at a White House briefing on Thursday. “Right now, there is no active shooting.” He acknowledged that fighting had flared in […]
Arabian Post Staff -Dubai Nasdaq Dubai has listed $713 million of dual-currency green bonds issued by Industrial and Commercial Bank of China Limited through its Dubai International Financial Centre branch, adding another sizeable sustainable debt transaction to the exchange. The offering was issued under ICBC’s $20 billion Global Medium Term Note Programme and comprises two three-year tranches carrying the theme China-Arab States Renewable Energy Cooperation. The first […]
The Federal Ministry of Solid Minerals Development is partnering with EnergyNet to deliver the first Nigeria NOW
ABUJA, Nigeria – EQS Newswire – 3 September 2026 – The Nigeria NOW! takes place on 19 and 20 November at the Bola Ahmed Tinubu International Conference Centre, under the patronage of the Honourable Minister of Solid Minerals Development, Dr Dele Alake. Between 500 and 600 delegates are expected across energy, infrastructure and mining.
The Federal Ministry of Solid Minerals Development is partnering with EnergyNet to deliver the first Nigeria NOW!, and has committed to remain involved through the preparatory period rather than at the event alone. The Ministry hosted the Abuja launch, secured the patronage of the Honourable Minister, and convened three further federal ministries as deliberate participants.
Speaking at the launch through Engr. Obadiah Simon Nkom, Director-General of the Mining Cadastre Office, Dr Alake set out why four ministries participate rather than one. Infrastructure, licensing, financing, technology, security and market access fall across several mandates, and no single ministry can answer an investor’s questions on all of them.
Why Nigeria
Nigeria now issues no mining licence without a plan for a local processing plant. The rule has been applied consistently and the investment following it includes a $1.3 billion partnership with the Africa Finance Corporation covering an alumina refinery, geological mapping and exploration support, a $600 million lithium processing plant near the Kaduna-Niger border, and a $200 million lithium refinery outside Abuja.
The first working demonstration is already running. A lithium plant at Endo in Nasarawa State, commissioned on 2 July, processes 6,000 tonnes of ore a day on around $250 million of investment. Sector revenue reached over 38 billion naira in 2024 against 6 billion the previous year. A memorandum signed with Türkiye in May covers exploration, technology transfer, digitalisation and training, and the Solid Minerals Development Fund began awarding exploration grants in July under its new EMERGE endowment.
Nigeria’s power sector is moving on the same principle of decentralised decision-making. Two years into the Electricity Act 2023, the Nigerian Electricity Regulatory Commission has transferred regulatory oversight to sixteen subnational commissions, giving states authority over their own electricity markets for the first time. The Nigerian Sovereign Investment Authority has put domestic capital behind distributed renewable energy, and industrial self-supply has reached 200MW, with a steel plant among the projects breaking ground against it.
Dr Alake’s own formulation is that the days of exporting raw minerals from pit to port are over.
What the Expo covers
Nigeria NOW! brings government, investors, project developers, financial institutions and development partners together around three sectors, energy, infrastructure and mining, with a focus on projects, capital and partnerships rather than announcements alone. The programme runs across two days at the Bola Ahmed Tinubu International Conference Centre in Abuja.
“This is the first Nigeria NOW! held in Nigeria, and the Ministry’s commitment to stay involved through the preparatory period is what makes it different from a conference that arrives and leaves,” said Abdoulaye Sylla, Portfolio Manager and Head of Corporate Development at EnergyNet. “We expect between 500 and 600 delegates, and the Ministry has asked that the Expo be judged on what is delivered after it closes.”
Partners
Nextier joins the Expo as Official Advisory Partner, providing strategic advisory and media support across the programme.
The Nigerian Indigenous Women in Mining and Natural Resources Organisation (NIWIMNRO) joins as Women in Mining Partner. The network was recognised at the Abuja launch with EnergyNet’s Leadership Award and a $25,000 grant, following a year in which it took its work with women artisanal miners from three states to all six of Nigeria’s geopolitical zones, adding protective equipment, mobile medical visits and cooperative registration to the training programme it began with.
Women in Mining joins as Women in Mining in Nigeria Partner; The Lagos State Ministry of Energy and Mineral Resources joins as Lagos State Sponsor; The Electricity Hub joins as Official Podcast Partner.
YES! Nigeria
The Youth Energy Summit runs alongside Nigeria NOW! on 20 November at the same venue, bringing young professionals and entrepreneurs into the same building as the investors and ministries. The Youth Sustainable Development Network joins as a partner for the Nigerian edition, alongside the University of Abuja’s Centre for Entrepreneurship Development and Students as YES! Supporting Partner.
Distributed by APO Group on behalf of EnergyNet Ltd.
Download Image (1): https://apo-opa.co/4gIB9gr (Four Nigerian ministries convene global investors in Abuja for the maiden Nigeria NOW! Launch (1))
Download Image (2): https://apo-opa.co/4x1g0o5 (Four Nigerian ministries convene global investors in Abuja for the maiden Nigeria NOW! Launch (2))
Download Image (3): https://apo-opa.co/4gV7u42 (Four Nigerian ministries convene global investors in Abuja for the maiden Nigeria NOW! launch (3))
Media and partnership enquiries: Poliana Sperandio Director Marketing Strategy & Performance EnergyNet Poliana@EnergyNet.co.uk +44 (0) 207 384 8191
The issuer is solely responsible for the content of this announcement.
About EnergyNet
EnergyNet produces investment forums and digital dialogues across energy, mining and infrastructure in Africa, bringing governments, investors, developers and utilities together around investment, policy dialogue and project delivery. Best known for the Africa Energy Forum, EnergyNet has worked in Nigeria for fifteen years. EnergyNet owns and operates the Energy News Network, its independent editorial platform, and is part of Clarion Events.
Pessimism sells. It always has. But investors who let fear set their strategy this year are, I believe, about to miss one of the more compelling setups markets have offered in some time. Eveywhere I look, the mood among investors feels heavier than the numbers actually justify. There is talk of central bank brinkmanship, and a market supposedly one bad news day away from falling apart, among […]
Chinese President Xi Jinping arrived in Cairo for a state visit on Tuesday night, opening talks with President Abdel Fattah el-Sisi as Beijing seeks stronger ties with a pivotal Arab partner amid questions over Washington’s regional role. Xi, accompanied by his wife Peng Liyuan, was received at Cairo International Airport by Sisi and Egypt’s first lady, Entissar el-Sisi. The visit is Xi’s first to Egypt in a […]
90% of investors targeting Hong Kong are actively pursuing repositioning or change-of-use strategies
Student accommodation and conversion-led strategies continue to drive Living sector investment activity in Hong Kong
85% of investors across APAC expect to increase Living investment over the next five years
HONG KONG SAR – Media OutReach Newswire – 2 September 2026 – Hong Kong ranked fifth among Asia Pacific’s (APAC) preferred Living investment destinations in Cushman & Wakefield’s inaugural APAC Living Investor Survey 2026, with investors increasingly pursuing student accommodation, repositioning and conversion opportunities to gain exposure to the sector’s long-term growth prospects.
Among respondents who ranked Hong Kong among their preferred investment destinations, 90% are actively considering repositioning or change-of-use opportunities, highlighting the growing importance of conversion-led strategies in addressing the city’s Living sector supply constraints.
Rosanna Tang, Deputy Managing Director & Head of Research, Hong Kong at Cushman & Wakefield, said: “In Hong Kong, recent market transactions show that investors are approaching the Living sector through a value-add lens, particularly through conversion opportunities and student accommodation assets. Since 2021, the market has recorded US$1.63 billion (HK$12.8 billion) of student housing conversion related transactions across 24 deals, including US$739.9 million (HK$5.8 billion) from 10 deals in the first seven months of 2026, involving a broad spectrum of investors. This strong momentum reflects renewed interest from institutional capital, including the return of real estate funds, as investors seek exposure to resilient, education-linked residential assets underpinned by the city’s persistent accommodation shortage and growing student population.”
Investor Conviction Remains Strong Across APAC
Beyond Hong Kong, investor conviction across the APAC Living sector remains strong, with 85% of investors planning to increase Living investment over the next five years and respondents collectively indicating an estimated US$33.2 billion (HK$260.28 billion) of Living-sector deployment over the same period.
The survey found that Living is becoming an increasingly important real estate allocation across the region, supported by resilient demand fundamentals and investor preference for stabilised, income-producing assets. Notably, a third of respondents with diversified real estate portfolios expect Living to account for more than 30% of their real estate portfolio within five years, underscoring the sector’s growing importance in institutional investment strategies.
Conal Newland, International Director, Head of Living, APAC at Cushman & Wakefield, said: “Our inaugural APAC Living Investor Survey reinforces the growing institutionalisation of the sector across the region. Despite heightened economic and geopolitical uncertainty, investors continue to view Living as a long-term strategic allocation supported by resilient demand fundamentals, defensive income characteristics and strong structural growth drivers. The fact that 85% of respondents intend to increase Living investment over the next five years highlights how Living is evolving from an alternative investment strategy into a core institutional real estate allocation.”
Australia and Japan Lead Investor Preferences
Australia/New Zealand and Japan emerged as the region’s most preferred Living investment destinations, ranking clearly ahead of other APAC markets. Japan’s position reflects its scale, liquidity and status as APAC’s most mature institutional multifamily market, while Australia’s housing undersupply and strong rental fundamentals continue to underpin long-term growth potential. Singapore, South Korea and Hong Kong form the next tier of preferred markets, although deployment continues to be constrained by scale, regulation and pricing.
Demand for Stabilised Assets Outpaces Supply
The survey also found that investors are increasingly favouring stabilised, income-producing and defensive Living assets. Recent market volatility has prompted 50% of respondents to report a greater preference for stabilised assets, yet the availability of standing institutional-grade stock remains limited across much of APAC.
This supply-demand imbalance is increasingly pushing investors towards alternative routes to market. Nearly three-quarters (73%) of respondents are actively considering repositioning or change-of-use strategies, while joint ventures emerged as the most likely deal structure over the next one to three years. Office and hotel conversions are also becoming an increasingly important source of Living supply in markets such as Singapore and Hong Kong.
Josh Rose-Nokes, Director, Living Research, APAC at Cushman & Wakefield, said: “What stands out is not a shortage of capital, but a shortage of investable stock. Investors increasingly want stabilised, income-producing Living assets, yet much of APAC lacks sufficient institutional-grade product to satisfy that demand. This mismatch is driving greater competition for stabilised assets and accelerating interest in repositioning, conversions and partnership-led deployment strategies.”
The gap between buyer and seller expectations was identified as the leading investment challenge by 44% of respondents, followed by development viability at 29%. Limited transaction evidence and inconsistent market transparency were also highlighted as barriers to pricing assets accurately and deploying capital efficiently.
About the Survey
The inaugural APAC Living Investor Survey 2026 draws on insights from institutional investors, fund managers, listed property groups and specialist Living-sector participants across APAC, representing approximately 224,000 units or beds. For the purposes of this survey, diversified respondents refer to investors with exposure across multiple real estate sectors and exclude Living-only specialists. The survey was fielded in Q2 2026 during the Middle East hostilities and provides insights into investor sentiment, capital allocation trends and investment priorities across the APAC Living sector. Estimated five-year capital deployment figures were derived from banded responses using midpoints.
For more information and to download the report, please click here.
About Cushman & Wakefield’s Living Platform
Cushman & Wakefield’s Living platform provides integrated advisory services to investors, developers, and operators across the residential investment spectrum, including multifamily, build-to-rent, purpose-built student accommodation, co-living, and senior living. The team delivers integrated advisory across capital markets, valuation, development consultancy, and asset strategy, supported by proprietary research and a region-wide Asia Pacific network, as well as dedicated research and consultancy professionals who provide strategic insights and execution capabilities across the region. Click here for additional information.
Hashtag: #Cushman&Wakefield
The issuer is solely responsible for the content of this announcement.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for occupiers and investors with approximately 53,000 employees in over 350 offices and nearly 60 countries. In Greater China, a network of 23 offices serves local markets across the region. In 2025, the firm reported revenue of $10.3 billion across its core services of Valuation, Consulting, Project & Development Services, Capital Markets, Project & Occupier Services, Industrial & Logistics, Retail, and others. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.hk or follow us on LinkedIn (www.linkedin.com/company/cushman-&-wakefield-greater-china).
HONG KONG SAR – Media OutReach Newswire – 1 September 2026 – Hong Kong Science and Technology Parks Corporation (HKSTP), in collaboration with the Innovation and Technology Commission, successfully hosted the launch ceremony for the third InnoHK research cluster (SEAM@InnoHK) at Hong Kong Science Park today. Focusing on emerging domains such as sustainable development, energy, advanced manufacturing, and materials, SEAM@InnoHK is jointly led by top local and international academic and research institutions. The platform demonstrates Hong Kong’s robust R&D capabilities and global collaboration networks while promising tangible societal benefits, further solidifying Hong Kong’s role as an international I&T hub.
Officiating guests at the Launch Ceremony included Professor Sun Dong, Secretary for Innovation, Technology and Industry (front row, centre); Ms Cordelia Chung, Chairman of HKSTP (front row, 4th from right); Mr Kelvin Choi, Permanent Secretary for Innovation, Technology and Industry (front row, 4th from left); Mr Lyu Feng, Deputy Director-General of the Economic and Financial Department II of the Liaison Office of the Central People’s Government in the HKSAR (front row, 3th from right); Mr Ivan Lee, Commissioner for Innovation and Technology (front row, 3th from left); and Mr Terry Wong, Chief Executive Officer of HKSTP (front row, 1st from right).
The launch ceremony was officiated by key guests including Professor Sun Dong, Secretary for Innovation, Technology and Industry; Ms Cordelia Chung, Chairman of HKSTP; Mr Kelvin Choi, Permanent Secretary for Innovation, Technology and Industry; Mr Lyu Feng, Deputy Director-General of the Economic and Financial Department II of the Liaison Office of the Central People’s Government in the HKSAR; Mr Ivan Lee, Commissioner for Innovation and Technology; and Mr Terry Wong, Chief Executive Officer of HKSTP. They were joined by representatives and scholars from local and overseas universities, international research organizations, R&D centres, and industry partners to witness the launch of SEAM@InnoHK and explore its R&D roadmap and industrial application prospects.
Building a Flourishing Ecosystem to Empower R&D Commercialisation
As the largest I&T ecosystem in Hong Kong, HKSTP provides comprehensive professional support and resources to the R&D centres under SEAM@InnoHK. This encompasses world-class R&D infrastructure, seamless connections with academic institutions, talent pools, and investor networks, as well as matchmaking with funding and industry partners—empowering teams to transform breakthrough research into scalable, high-impact commercial solutions.
Ms Cordelia Chung, Chairman of HKSTP, said: “InnoHK has been with the Science Park for 5 years and this is the start of the second 5-year period. What we can see is that InnoHK has demonstrated the power of collaboration amongst world eminent scholars, researchers, and global partners. The first two clusters, Health@InnoHK and AIR@InnoHK have delivered world-class achievements. We commit to provide all the support we can to the InnoHK teams, as your success will add to the heartbeat of the ecosystem—not only for HKSTP, but for Hong Kong’s entire innovation landscape.”
Gathering Global Scientific Excellence to Drive Breakthroughs
The eight R&D centres under SEAM@InnoHK have brought together over 30 top global universities and research institutions, including the University of Cambridge, École Polytechnique Fédérale de Lausanne (EPFL), Nagoya University, National University of Singapore, Tsinghua University, and Peking University.
Notably, three R&D centres feature collaborations with Nobel Laureates: Professor Ben L. Feringa from the University of Groningen (2016 Nobel Laureate in Chemistry), who participates in the research at the InnoHK Centre of Functional Materials for Energy and Sustainability (CFMES); Sir Konstantin Novoselov, renowned as the “Father of Graphene” from the National University of Singapore (2010 Nobel Laureate in Physics), who serves as principle investigator for the Inno Centre for Heterogeneous Integration and Production (CHIP); and Professor Hiroshi Amano from Nagoya University (2014 Nobel Laureate in Physics), who participates in research at InnoHK Power Semiconductors and Applications Center (PowerSAC). This stellar international scientific lineup highlights Hong Kong’s unique advantages in assembling world-class research talent, fostering cross-border collaboration, and driving technological innovation, further consolidating its status as a global hub for research cooperation.
InnoHK is a flagship I&T initiative of the HKSAR Government aimed at developing Hong Kong into a global hub for scientific research cooperation. It encourages world-leading universities and research institutes to conduct collaborative research with local institutions by establishing R&D centres in Hong Kong. Together with “Health@InnoHK”, focusing on healthcare technologies and “AIR@InnoHK”, focusing on AI and robotics technologies, the three InnoHK research clusters will further enrich Hong Kong’s world-class scientific landscape, accelerating technology transfer, startup incubation, and the growth of the I&T industry.
Introduction to the Eight SEAM@InnoHK R&D Centres (For details, please refer to the Appendix):
InnoHK Centre for Advanced and Smart Manufacturing (CASM): Lead global manufacturing toward Industry 5.0 by fusing AI, advanced materials, additive manufacturing and digital twins to create smart, sustainable, and human-centered solutions.
InnoHK Centre of Functional Materials for Energy and Sustainability (CFMES): Advance breakthrough discoveries in functional materials to address bottleneck challenges related to energy and sustainability.
InnoHK Centre for Heterogeneous Integration and Production (CHIP): Advance next-generation electronics through innovations in semiconductor equipment and material processing, with a focus on advancing heterogeneous integration technologies.
InnoHK Centre for Space Manufacturing Technology (CSMT): Establish a world-class hub for international research collaboration in space manufacturing, integrating cutting-edge R&D in advanced materials and additive processes with demonstration and applied innovation in Hong Kong.
InnoHK Hong Kong Center for Renewable Energy and Storage (HKCRES): Develop and integrate high-performance perovskite photovoltaics, green hydrogen systems, and next-generation batteries via an end-to-end innovation framework in Hong Kong.
InnoHK Power Semiconductors and Applications Center (PowerSAC): Develop advanced power semiconductors, intelligent chips and system technologies for more efficient, compact and reliable power conversion.
InnoHK Research Centre for Intelligent GRID and Energy Technologies (I-GET): Develop intelligent, green and transformative grid and energy technologies for resilient, efficient and carbon-neutral cities.
InnoHK Sustainable Materials & Advanced Renewable Technologies (SMART Centre): Leverage artificial intelligence and smart automation technologies to accelerate materials discovery for circular waste upcycling, repurposing, and next-generation clean energy technologies.
Hashtag: #HKSTP
The issuer is solely responsible for the content of this announcement.
About Hong Kong Science and Technology Parks Corporation
Hong Kong Science and Technology Parks Corporation (HKSTP) was established in 2001 and has built a proven foundation as Hong Kong’s leading innovation and technology (I&T) ecosystem. Established for 25 years, HKSTP is supporting 14 unicorns, has nurtured more than 17,000 research professionals and built a community of over 2,400 technology companies from 26 countries and regions across four strategic technology clusters: Life and Health Technology, AI and Data Science, Micro-electronics, and New Energy and Green Technology.
As an ecosystem orchestrator, HKSTP provides end-to-end support to attract and nurture talent, accelerate commercialisation and help technology ventures scale. Its innovation infrastructure spans over 240 hectares covering Hong Kong Science Park in Pak Shek Kok, InnoCentre in Kowloon Tong, and three modern InnoParks in Tai Po, Tseung Kwan O and Yuen Long, advancing Hong Kong’s vision for new industrialisation and smart manufacturing.
Hong Kong Science Park Shenzhen Branch in Futian, Shenzhen, strengthens cross-border collaboration by connecting Hong Kong, the Chinese Mainland and global innovation networks and propels Chinese innovators onto the world stage, while also delivering comprehensive GBA landing support to accelerate cross-border success for local and international ventures.
As HKSTP enters its next chapter with strong foundations, it continues to deepen impact, elevate quality and create value for innovators. As an ecosystem built to lead change, HKSTP is empowering Hong Kong to define what comes next in innovation, growth and opportunity.
More information about HKSTP is available at www.hkstp.org.
SCX Logistics Reports More Than 240% Revenue Growth in the First Half, Reflecting Demand for Next-Generation Industrial Infrastructure Sets Roadmap to Expand Its Logistics Portfolio Beyond 1,000,000 sq.m. and Further Strengthen Its Presence in Bangna and the EEC
BANGKOK, THAILAND – Media OutReach Newswire – 1 September 2026 – SCX Corporation, SC Group’s recurring-income business platform, is advancing sustainable growth through the strategic expansion of SCX Logistics. The company has set a roadmap to expand its logistics portfolio to more than 1,000,000 sq.m. by 2029, following strong demand from customers across diverse industries. SCX Logistics reported revenue growth of more than 240% in the first half of 2026, compared with the same period last year.
Rachod Nantakwang, CEO, SCX
The company also highlights the completion of SCX Logistics Bangna Km.20, an 80,000 sq.m. logistics development that embodies SC’s three promises: Quality, Care, and Responsibility. Combining a strategic location, total cost efficiency, flexibility, and future readiness, SCX Logistics is designed to meet the increasingly complex needs of the industrial sector. The company plans to expand across the strategic Bangna and EEC corridors by a further 200,000 sq.m. by 2027.
Mr. Rachod Nantakwang, Chief Executive Officer of SCX Corporation Co., Ltd., said that SCX continues to advance SC Group’s recurring-income businesses to build a stronger and more sustainable foundation for long-term growth. SCX Logistics is a key part of this strategy, and the company remains committed to its 2029 roadmap to expand its logistics portfolio from 200,000 sq.m. at the end of 2025 to more than 1,000,000 sq.m. in strategic logistics locations nationwide. The objective is to create greater value for customers while developing infrastructure that genuinely meets business needs.
Warehouse 1
“The warehouse market continues to experience strong demand. However, customer requirements today are markedly different from the past. Customers no longer assess warehouses solely on rental rates per square metre. They consider the entire production and logistics ecosystem: locations that reduce transportation time, flexible functionality that can adapt to future change, clean-energy solutions that support business sustainability, and, critically, a warehouse partner that can work alongside them to solve their business challenges.
Warehouse 2
We understand these evolving needs. This understanding has earned us the trust of customers across a wide range of industries and contributed to SCX Logistics achieving revenue growth of more than 240% in the first half of 2026, compared with the same period last year,” Mr. Rachod said.
SCX has consistently upheld SC’s three promises: Quality, Care, and Responsibility. The company also applies SC’s strengths in Design, Function, and Trust to its logistics developments, placing a strong emphasis on understanding each customer’s operations from the outset. This enables SCX Logistics to design spaces around actual business requirements, from building layouts and transportation flows to loading and unloading areas, as well as future energy and technology needs.
This approach is reflected in SCX Logistics Bangna Km.20, which has recently been completed across the full 80,000 sq.m. development. The project demonstrates SCX’s customer-centric approach to warehouse development, beginning with an understanding of customer requirements rather than a building concept. The project is currently fully occupied, with an occupancy rate of 100%.
SCX Logistics Bangna Km.20 is located on Bangna-Trad Road at Km.20 in Samut Prakan, on a site of more than 90 rai. It is a strategic location for logistics and transportation, serving warehouses, distribution centres, and industrial facilities across a range of sectors. The development offers both ready-built buildings and built-to-suit solutions tailored to specific customer requirements.
The project serves international customers from Asia and Europe across industries including logistics, manufacturing, data centres, and digital infrastructure.
Mr. Rachod added that SCX Logistics’ expansion plans for 2026 and 2027 will focus on strategic locations that play an important role in Thailand’s logistics network. Under the concept “Corridor, Not Just Land,” SCX selects investment locations based on the role each area plays in the supply chain and its ability to connect businesses with regional markets, rather than simply on the size of the land plot.
The company plans to add approximately 200,000 sq.m. of logistics space across key locations, including Bangna, Laem Chabang, Amata Chonburi, and the Eastern Economic Corridor (EEC). This expansion is expected to bring SCX Logistics’ total warehouse portfolio to approximately 400,000 sq.m. by the end of 2027.
“Each location plays a distinct role in supporting our customers’ businesses. Bangna is a key connection between Bangkok, Suvarnabhumi Airport, and the EEC. Laem Chabang is an important gateway for international trade, while Amata and the EEC are among the country’s major manufacturing bases.
We therefore do not see ourselves simply as a warehouse developer and operator. We aim to be an infrastructure partner that can deliver solutions tailored to the needs of customers across industries, while contributing to the development of Thailand’s infrastructure and supporting investment that drives national economic growth,” Mr. Rachod said.
SCX Logistics will continue to be a new and recurring source of income for SC Group over the long term. The company expects SCX Logistics’ full-year revenue to grow by approximately 280% from the previous year.
SCX Corporation operates under the vision “The Prospering Expedition” and the mission “The Way Forward,” with a focus on exploring new business opportunities that generate consistent recurring income over the long term.
Its portfolio includes SCX Logistics, which operates the warehouse business and has developed five projects totalling more than 200,000 sq.m. in strategic locations; SCX Hospitality, which operates hotels in Bangkok and other key destinations, including KROMO Bangkok, Curio Collection by Hilton, The Standard Pattaya Na Jomtien, and YANH Ratchawat; and SCX Working Solutions, which operates more than 120,000 sq.m. of office space, including Shinawatra Tower 3.
SCX’s growth is supported by a diverse and capable team, strong strategic partnerships, and a corporate culture that places customers and the environment at the heart of business development.
For more information, please contact scxinfo@scasset.com or visit https://www.scx.co.th. Hashtag: #SCXcorporation #SCXLogistics #SC #SCWarehouse #Logistics #Engine2 #RecurringIncome
The issuer is solely responsible for the content of this announcement.
SCX Corporation
SCX Corporation operates under the vision “The Prospering Expedition” and the mission “The Way Forward,” with a commitment to exploring new business opportunities that generate consistent recurring income.
Its portfolio comprises SCX Logistics, which operates in the warehouse business and has developed a cumulative portfolio of five projects, totaling more than 200,000 sq.m. across strategic locations; SCX Hospitality, which operates hotels in Bangkok and other provinces, including KROMO Bangkok, Curio Collection by Hilton, The Standard Pattaya Na Jomtien, YANH Ratchawat, and voco Bangkok Siam; and SCX Working Solutions, which operates office buildings with a combined area of more than 120,000 sq.m., including Shinawatra Tower 3.
SCX is supported by a diverse and capable team, strong strategic partnerships, and an organizational culture that places customers and the environment at the heart of its business.
For more information, please contact scxinfo@scasset.com or visit https://www.scx.co.th.
Arabian Post Staff -Dubai Alpha Dhabi Holding has doubled its capital commitment to the Mubadala Capital-managed MICAD Credit joint venture to $1 billion and raised its ownership stake to 40 per cent from 20 per cent, expanding its exposure to global private credit. The Abu Dhabi Securities Exchange-listed investment group said the revised partnership agreement also broadens MICAD Credit JV’s mandate beyond its existing US and European […]
Partnered with CB Insights to unveil Hong Kong leads Asia and ranks fifth globally for high-potential start-ups, orchestrating the next era of global tech innovation
Key Takeaways:
HKSTP’s 25th Anniversary Prelude theme, “Innovation. Next by Nature.”, brings together great minds and bold ideas to inspire what comes next for Hong Kong’s innovation ecosystem.
The CB Insights-HKSTP white paper ranks Hong Kong first in Asia and fifth globally, with a Mosaic score of 370 — a key indicator of high-potential ventures and future unicorns.
The research highlights Chinese Mainland’s lead in Asia’s physical AI wave, as the region powers global growth in robotics and AI funding.
HONG KONG SAR – Media OutReach Newswire – 31 August 2026 – The Hong Kong Science and Technology Parks Corporation (HKSTP) today officially kicked off its year-long 25th anniversary celebration with a landmark event “Together to NEXT”, bringing together Innovation and Technology Partners, Park Companies, industry leaders, academia and startups to mark a quarter-century of transforming bold ideas into global impact.
HKSTP’s 25th Anniversary Prelude theme, “Innovation. Next by Nature.”, brings together great minds and bold ideas to inspire what comes next for Hong Kong’s innovation ecosystem. Ms Cordelia Chung, Chairman of HKSTP (6th from left), Mr Terry Wong, CEO at HKSTP (6th from right), Mr Aldous Mak, Chief Financial Officer of HKSTP (5th from left), Ms Hilda Chan, Chief Marketing Officer, HKSTP (5th from right), Ms Filla Mak, Chief Property and Asset Officer, HKSTP (4th from left), Mr Eric Or, Chief Ecosystem Development Officer, HKSTP (4th from right), Ms Fanny Wong, Chief Talent Officer, HKSTP (3rd from right), Mr Oscar Wong, Acting Chief Business Development Officer, HKSTP (2nd from right) and members from the management team officiate the event.
To commemorate this milestone, HKSTP unveiled its anniversary theme, “Innovation. Next by Nature.”, a vision that signals its evolution from ecosystem enabler to orchestrator of the next era of global innovation. HKSTP also announced the findings of a landmark study, “Inside Asia’s Fast-Track to Global Tech Scale,” conducted in partnership with the leading technology market intelligence firm CB Insights, revealing Hong Kong ranks first in Asia and fifth globally, with a Mosaic score of 370. Mosaic score is CB Insight’s proprietary and industry-recognised indicator of high-potential ventures and future unicorns, evaluating momentum, financing, market opportunity and leadership quality. Hong Kong’s top ranking among Asian markets reflects a concentrated pool of scale-ready ventures and highly-investable innovation.
Ms Cordelia Chung, Chairman of HKSTP, said: “For 25 years, HKSTP has driven I&T as Hong Kong’s economic engine. Across our 240-hectare infrastructure and service ecosystem—comprising Science Park, InnoCentre, three InnoParks, and our Shenzhen Park—we turn research into real-world impact. Looking ahead, our ‘What’s Next’ vision is built on four dimensions, ‘Broad and Deep, Far Yet Near’: Broad means building a diverse talent ecosystem where human minds leverage technology; Deep involves advancing tech-industry convergence; Far entails expanding our global footprint; and Near focuses on drawing the future nearer with immediate action. Our community is our heartbeat. Together, we must strengthen, enhance, and collaborate, harnessing Hong Kong’s unique advantages to shape a better future for all.”
To kick off this next era, HKSTP has partnered with CB Insights to launch a white paper titled “Inside Asia‘s Fast-Track to Global Tech Scale.“ The report shows how Asia is reshaping the global innovation playbook with a network of specialist clusters, each optimised for a different stage of the innovation journey and built for today’s multipolar market landscape. CB Insights is a global tech intelligence leader and predictive data platform trusted by Fortune 500 companies.
Mr Terry Wong, CEO at HKSTP, said: “Asia’s rising innovation power is rewriting the global innovation map. While Silicon Valley grew as a single, all-in-one hub, Asia, with the Chinese Mainland as a key technology engine, is evolving an accelerated and more specialised network for global innovation. Hong Kong’s role as a super connector and value-adder has never been more important as Asia sets a new benchmark for start-up ecosystems. As HKSTP steps up as an ecosystem orchestrator, we are connecting innovators with capital, talent, deep Mainland China links and trusted pathways to global markets.”
Other Key Report Findings:
Chinese Mainland drives physical AI takeover Asia’s AI investment exploding as physical AI leads the way with robotics raising US$26.1B and AI infrastructure hit US$21.4 billion in 2025, outpacing generative AI and fintech. China dominates region with close to 100% of deals in emerging segments: robot/industrial humanoid robot foundation models, vision language and autonomous driving models.
Asia‘s specialist hubs as accelerators of growth across innovation lifecycle
Asia vies for global R&D lead to complement established manufacturing and consumer power The region’s global R&D expenditure surge from 24% in 2007 to 45% in 2024, according to WIPO, while already the dominant region for global manufacturing as well as driving global consumption with growing purchasing power with Asia’s GDP reaching 48.6 percent in 2025, according to Boao Forum for Asia (BFA).
HKSTP: Global I&T Ecosystem Orchestrator and Innovation Accelerator
HKSTP’s 25th anniversary signals a renewed mission to make Hong Kong the global heartbeat of what’s next in innovation and technology (I&T). As HKSTP approaches its 25th anniversary, the new brand theme, “Innovation. Next by Nature.”, positions HKSTP as inherently built to lead the change. The year-long celebrative campaign “25 to NEXT” starts from August 2026 to July 2027 with 25 high-impact activations and cultural moments.
Anchored by three core goals — The Next Habitat (cultivating an innovation culture by connecting ecosystem stakeholders with signature events), The Next Horizon (broadening perspectives through industry-guiding insights, including the landmark study in partnership with CB Insights and 25 KOL collaborations), and The Next Pinnacle (developing overseas delegations and platforms across international markets). The campaign positions HKSTP as a more connected engine and forward-oriented convener of talent, capital, infrastructure and partnerships across sectors and borders.
Since its establishment, HKSTP has grown into Hong Kong’s largest I&T ecosystem, driving breakthroughs across Life and Health Technology, AI and Data Science, Microelectronics and Advanced Manufacturing, and GreenTech and New Energy. As the ecosystem orchestrator, HKSTP is committed to powering Hong Kong’s rise as the international I&T hub, underpinned by leading critical partnerships across Hong Kong and beyond, attracting talent, engaging stakeholders, and building a connected, forward-looking I&T community for the next era of global innovation. Hashtag: #HongKongScienceandTechnologyParksCorporation #HKSTP
The issuer is solely responsible for the content of this announcement.
About Hong Kong Science and Technology Parks Corporation
Hong Kong Science and Technology Parks Corporation (HKSTP) was established in 2001 and has built a proven foundation as Hong Kong’s leading innovation and technology (I&T) ecosystem. Established for 25 years, HKSTP is supporting 14 unicorns, has nurtured more than 17,000 research professionals and built a community of over 2,600 technology companies from 26 countries and regions across four strategic technology clusters: Life and Health Technology, AI and Data Science, Micro-electronics, and New Energy and Green Technology.
As an ecosystem orchestrator, HKSTP provides end-to-end support to attract and nurture talent, accelerate commercialisation and help technology ventures scale. Its innovation infrastructure spans over 240 hectares covering Hong Kong Science Park in Pak Shek Kok, InnoCentre in Kowloon Tong, and three modern InnoParks in Tai Po, Tseung Kwan O and Yuen Long, advancing Hong Kong’s vision for new industrialisation and smart manufacturing.
Hong Kong Science Park Shenzhen Branch in Futian, Shenzhen, strengthens cross-border collaboration by connecting Hong Kong, the Chinese Mainland and global innovation networks and propels Chinese innovators onto the world stage, while also delivering comprehensive GBA landing support to accelerate cross-border success for local and international ventures.
As HKSTP enters its next chapter with strong foundations, it continues to deepen impact, elevate quality and create value for innovators. As an ecosystem built to lead change, HKSTP is empowering Hong Kong to define what comes next in innovation, growth and opportunity.
More information about HKSTP is available at www.hkstp.org.
Greece and Israel are preparing to sign a €3.1 billion agreement on Monday for a nationwide multilayered air and missile defence network, moving Athens’ Achilles’ Shield programme from approval into implementation. The agreements are scheduled to be signed in Tel Aviv on August 31 between Greece’s General Directorate for Defence Investments and Armaments and SIBAT, the international defence cooperation directorate of Israel’s Ministry of Defence, alongside participating […]
A Japanese industry consortium has begun full operations at a shared humanoid-robot training facility in Chiba Prefecture, pooling costly equipment, staff and industrial data to accelerate factory and logistics automation.
J-HRTI, short for Japan Humanoid Robot Training & Implementation, opened its Kanto Data Factory in Narashino on August 26 with 35 humanoid robots across about 1,400 square metres. The centre can expand to 40 machines and is designed to generate, label and test the physical data needed to train robots for practical industrial work.
The consortium says the facility is Japan’s first physical-AI and robot data factory operated by a group composed solely of private companies. Its model is intended to reduce the cost and duplication involved when manufacturers try to build large robot-training systems independently, while allowing participating businesses to share common training data and testing infrastructure.
Operators telecontrol the humanoids to create imitation-learning data from tasks such as gripping, moving and handling objects. Cameras mounted on the robots record movements while motor parameters are also collected. Specialist staff then annotate the footage and motion information so AI systems can distinguish actions, errors and acceptable performance before the robots are tested in environments designed to resemble participating companies’ workplaces.
J-HRTI says members divide the cost of equipment and data generation while contributing real-world tasks from their own operations. Common datasets can be reused across companies, reducing the thousands or tens of thousands of training repetitions that an individual business might otherwise need to undertake from scratch. Sensitive company-specific work can be handled separately in a secure area, where information is not shared with other members.
That approach could widen access to humanoid development beyond the largest manufacturers, although J-HRTI has not published membership fees or a standard deployment price for factories. Claims that the system makes humanoids broadly affordable for mid-sized manufacturers therefore remain difficult to quantify. What is established is that participating companies can spread investment and technical risk rather than financing a dedicated data facility alone.
The operating group includes machinery trader Yamazen, pharmaceutical manufacturer Tsumura, direct-mail and logistics company DMS and Fuyo General Lease, alongside another participant that was not publicly identified in the August 26 announcement. INSOL-HIGH serves as the consortium secretariat and operates the data platform and overall system design.
J-HRTI’s programme is aimed initially at straightforward industrial duties. The group plans to place humanoids into workplaces for tasks such as material transport during the 2026 financial year, which ends in March 2027. It then intends to broaden the range of tasks and improve autonomy as more operational data becomes available.
The consortium is also developing a physical-AI foundation model using data collected at the Chiba site. Several thousand datasets had already been accumulated and annotated by the time full operations began, according to INSOL-HIGH officials. Participating companies are expected to use the model and return additional operating data and feedback, creating a cycle in which the shared training resource is continually updated.
Plans call for the data-factory network to expand to 10 locations nationwide during the 2027 financial year. The Chiba facility is intended to serve as the first “mother” site, with future centres positioned closer to industries that can supply specialised tasks and operational conditions. J-HRTI has said those regional facilities could also support maintenance after robots are deployed.
By the 2028 financial year, the group aims to provide foundation models specialised for sectors including manufacturing and logistics. The timetable remains a target rather than a guaranteed commercial rollout, and performance will depend on whether robots trained in controlled environments can operate safely and reliably in varied workplaces.