Arabian Post Staff -Dubai Saudi Aramco’s headquarters complex in Dhahran was targeted during a Houthi missile attack on Tuesday evening, triggering a fire in an administrative building, Saudi Arabia’s Energy Ministry confirmed on Wednesday. The ministry said the incident caused a limited fire but no deaths or injuries. Emergency teams responded immediately and took measures to secure the affected premises, according to an official statement. The attack […]
The only vendor in the Pace Setters quadrant and the only Asia-based vendor in the report. CyCraft marks its third major international recognition of 2026
TAIPEI, TAIWAN – Media OutReach Newswire – 14 October 2026 – CyCraft Technology (TWSE: 7823), an AI-native cybersecurity company, today announced that it has been positioned in the Pace Setters quadrant of the Gartner Emerging Market Quadrant for AI Application Security, Startup Vendors, published on September 16, 2026. CyCraft Technology is the only vendor in the Pace Setters quadrant and the only Asia-based vendor in the report.
XecGuard offers a range of modules that can be tailored to enterprise needs, including General Prompt Attack Protection, System Prompt Enforcement, and Harmful Content Protection.
When AI Goes Off-Script, Defense Must Move at Machine Speed
Enterprises are handing AI agents real authority: reading email, querying databases, approving transactions, changing system configurations. Attackers are using AI too. They probe AI applications with thousands of prompt variations in minutes, adapt to every refusal, and look for the one input that turns a trusted agent into an insider. Prompt injection, sensitive data exposure, and agents exceeding their permissions are no longer edge cases. They are becoming everyday incidents.
Human-speed review cannot keep up with machine-speed attacks. Every organization deploying AI now faces two questions: has this system been tested against an adaptive attacker before launch, and can anything stop it in real time once it goes live?
“AI behaving outside its intended boundaries is fast becoming the norm, not the exception,” said Dr. Benson Wu, CEO and Co-Founder of CyCraft. “When agents act on their own and adversaries use AI to attack them, defense has to run at the same speed. Every decision an agent makes must be testable before launch, interceptable in production, and traceable afterward. That is why we built XecART and XecGuard on our own models from day one. We believe being named the only Pace Setter reflects both the strength of our technology and our ability to deliver it in real enterprise environments.”
Test Before Launch. Protect in Production.
CyCraft’s AI application security portfolio covers both pillars of AI defense.
XecART, CyCraft’s AI Red Teaming Security Assessment, attacks AI applications and agents the way a real adversary would. It runs multi-round adaptive tests, shifts tactics based on each response, and delivers resilience reports aligned with international standards, so teams know where their AI breaks before attackers find out.
XecGuard is a real-time guardrail for LLMs and AI agents. Instead of static keyword filters that attackers learn to evade, it is built around each enterprise’s own security context. It reads the intent behind every prompt and response, and blocks malicious or abnormal activity as it happens.
Both products draw on CyCraft’s native expertise in Chinese and Japanese and on regional threat intelligence, catching attack patterns that general-purpose models routinely miss.
CyCraft believes security is not a brake on AI innovation; it is what lets AI move fast without losing control. Organizations deploying AI applications or agents can request an XecART assessment or a XecGuard evaluation at https://www.cycraft.com/en/contact-us.
Gartner®, Emerging Market Quadrant for AI Application Security — Startup Vendors, Meghan Hollis et al., 16 September 2026.
Gartner®, Emerging Tech: AI Vendor Race: Reasoning Models Reshape Providers’ Approaches to AI Pricing, Aapo Markkanen et al., 5 June 2026.
Disclaimer
Gartner does not endorse any company, vendor, product or service depicted in its publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner publications consist of the opinions of Gartner’s business and technology insights organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this publication, including any warranties of merchantability or fitness for a particular purpose. GARTNER is a trademark of Gartner, Inc. and its affiliates.
Hashtag: #CyCraftTechnology
The issuer is solely responsible for the content of this announcement.
Rwanda will host a Formula One Grand Prix under a 10-year agreement announced on Tuesday, ending Africa’s absence from the championship calendar since 1993 and establishing a new racing venue near Kigali. The Fédération Internationale de l’Automobile (FIA) and Formula One confirmed that the African Grand Prix, presented by Visit Rwanda, will begin in the early 2030s, subject to completion of a purpose-built circuit in Bugesera. FIA […]
BYD’s premium Denza brand is considering establishing its own vehicle-financing operation in Europe as early as 2027, a move that would extend its challenge to established luxury carmakers beyond vehicle design, technology and pricing. The proposal remains under consideration rather than a confirmed launch. Details of its ownership, regulatory structure, potential banking partners and initial markets have not been publicly established. Any financing business would have to […]
Meta has prohibited TikTok parent ByteDance from advertising on Facebook and Instagram in seven countries, extending the restriction to independent advertisers promoting the competing video platform. The ban, introduced on October 8, covers the United States, Canada, Egypt, Indonesia, Japan, Thailand and Vietnam. It applies to advertisements purchased directly by ByteDance and campaigns operated by third parties that direct users towards TikTok or other ByteDance properties. Meta […]
Al Jazeera rejected allegations of fraud and breach of contract brought by former US vice-president Al Gore and business partner Joel Hyatt over its $500 million acquisition of Current TV, defending its decision to retain millions of dollars from the transaction. The Qatar-based broadcaster said the allegations, made in August 2014, were false and potentially misleading. It maintained that contractual protections agreed during the January 2013 acquisition […]
Arabian Post Staff -Dubai Etisalat UAE has commercially introduced technology that it says can triple smartphone upload speeds on its 5.5G network, targeting growing demand from artificial intelligence applications and high-resolution content sharing. The operator announced on Monday that it had deployed 2×2 uplink multiple-input multiple-output, or MIMO, alongside carrier aggregation for compatible smartphones. It described the commercial combination as a global first, although the claim has […]
Canada has established a national artificial intelligence council to advise Prime Minister Mark Carney’s government on safe adoption, economic opportunities and domestic control of critical technology. The Prime Minister’s National Council on Artificial Intelligence, announced on 2 October, brings together researchers, entrepreneurs, investors and public-sector specialists to provide independent advice on the government’s AI for All strategy. Its remit includes managing technological risks, improving public services and […]
Alibaba Group launched its next-generation Qwen artificial intelligence glasses in China on Tuesday, introducing eye-tracking and iris-payment capabilities as the technology group expands its consumer hardware business. The N1 and N1 Pro models went on sale following a product presentation, with the standard N1 priced at 2,899 yuan and the N1 Pro at 3,399 yuan before applicable discounts. The premium model costs roughly $480, while the N1 […]
COFE Tech has announced an investment from KSH Investments, the international investment platform of Sheikh Mohammed bin Khalid Al Nahyan’s Private Department, strengthening the Gulf enterprise technology company’s investor base ahead of a planned public listing. The Abu Dhabi-based investment firm acquired its stake through an arrangement involving Phoenix Venture Partners Innovation Fund CEIC Limited, the company said on Tuesday. The transaction was completed earlier this year, […]
KFC will introduce its Kentucky Town festival in Kenya on 20 October, combining locally inspired food, Kenyan-made clothing and weekend events across Nairobi in the concept’s first East African outing. The campaign, called Kentucky Town 254, will run until 15 November, with seven special menu items offered at selected restaurants and four shopping centres hosting pop-up events. The restaurant menu will remain available between the weekend events, […]
By Ashok Nilakantan Ayers WASHINGTON: In the volatile intersection of energy economics, electoral politics and international diplomacy, Donald Trump has once again demonstrated his preference for dramatic declarations over painstaking negotiation. His latest initiative—to facilitate Russian diesel supplies, relax sanctions on Russian fuel and announce an immediate energy ceasefire between Russia and Ukraine—may offer a […]
Microsoft has unveiled its third-generation Maia 300 artificial intelligence chip, announcing plans to deploy its proprietary processors across data centres at multi-gigawatt scale from 2027 as it seeks greater control over the cost of running AI services. The company said on Monday that the new accelerator would become the principal system for AI inference across its products, including Copilot, as demand grows for computing resources capable of […]
British travellers visiting Jeddah, Dammam or most Saudi airports could jeopardise their travel insurance after the UK government expanded its warnings amid missile and drone attacks on the kingdom. The Foreign, Commonwealth & Development Office (FCDO) now advises against all but essential travel to both cities and every airport in Saudi Arabia except Medina International Airport. The updated guidance, issued on 11 October, remained current on Tuesday. […]
Arabian Post Staff -Dubai Deadly Houthi attacks on Saudi Arabia have increased pressure on President Donald Trump to expand American military assistance to Riyadh, as Washington weighs direct action against the Iran-backed group in Yemen. Missile strikes on King Khalid International Airport over the weekend killed civilians, including a United States citizen, and injured hundreds. Saudi Arabia’s civil aviation authority confirmed 12 deaths and 309 injuries from […]
MANILA/JAKARTA – Media OutReach Newswire – 13 October 2026 – VinFast has announced a special incentive package of up to US$60,000 for each new electric motorcycle showroom opened by its dealer partners in the Philippines and Indonesia. The program is designed to help local businesses tap into the strong growth potential of the electric motorcycle market, while making VinFast’s smart electric motorcycles more accessible to consumers.
A VinFast e-motorcycle showroom at SM Mall of Asia in the Philippines, part of the company’s growing dealer network across Southeast Asia.
Under the program, dealer partners that open new VinFast electric motorcycle showrooms in the Philippines and Indonesia by December 31, 2026, will receive basic support of up to US$40,000 per location, depending on the showroom’s size, floor area, and dealership standards. Showrooms that open by October 31, 2026, will qualify for an additional incentive of up to US$5,000 per location. Finally, partners that open three or more stores will also receive an additional incentive of up to US$15,000 per location.
The program is designed not only to create new business opportunities for dealer partners, but also to encourage more consumers to switch to greener transportation and help protect the environment. Through this initiative, VinFast continues to advance its goal of accelerating the shift toward greener, cleaner, and quieter mobility.
VinFast is committed to providing dealer partners with comprehensive support, from business consulting and marketing strategies to professional training, helping them get their operations up and running quickly. This support will also ensure that dealerships across the network follow VinFast’s standards for brand identity, showroom design, operating procedures, and customer service.
By joining the VinFast network, partners will have the opportunity to offer high-quality battery-swapping electric motorcycles that are safe, reliable, environmentally friendly, and suited to a wide range of customer needs, initially including the Evo, Feliz II, and Viper. Partners can also benefit from VinFast’s supporting infrastructure, including its continuously expanding service and warranty facilities, as well as support policies for service workshops. This will provide a solid foundation for dealer partners to confidently deploy services, enhance the customer experience, and strengthen the competitiveness of their products in the market.
Ms. Vo Thi Cam Tu, Managing Director of VinFast E-scooter Overseas Markets, said: “Expanding our dealer network is an important part of VinFast’s strategy to build an electric motorcycle ecosystem in international markets. We are looking to partner with businesses that share our long-term vision for green mobility, while giving dealers the support they need to make the most of their strengths within the VinFast network. From developing showrooms to running day-to-day operations and serving customers, VinFast will continue to work closely with our partners to build a stronger electric motorcycle network.”
The expansion of the electric motorcycle dealer network is part of VinFast’s broader plan to expand its distribution network in the Philippines and Indonesia, with the company targeting hundreds of stores in the two markets, respectively, by the end of 2026. As of September 2026, VinFast has 63 electric motorcycle dealerships operating in Indonesia and the Philippines. Going forward, VinFast will continue to expand its presence and bring its electric vehicle products and services closer to consumers across Southeast Asia, supporting the region’s transition to greener, smarter, and more modern mobility./.
Hashtag: #VinFast
The issuer is solely responsible for the content of this announcement.
Arabian Post Staff -Dubai The UAE has urged Gulf governments to strengthen collective security arrangements, warning that attacks on Saudi Arabia threaten every country in the region. Dr Anwar Gargash, Diplomatic Adviser to UAE President Sheikh Mohamed bin Zayed Al Nahyan, said on Monday that Gulf states could no longer afford shortcomings in security and defence cooperation as missile and drone attacks heightened concerns over regional stability. […]
Showcasing Smart Lighting, Innovative Display Technologies and Outdoor Lighting Solutions that Shape the Future of Smart and Sustainable Lighting
HONG KONG SAR – Media OutReach Newswire – 12 October 2026 – Organised by the Hong Kong Trade Development Council (HKTDC), the 28thHong Kong International Lighting Fair (Autumn Edition) and the 11thHong Kong International Outdoor and Tech Light Expo will be held in late October. The Autumn Lighting Fair will take place at the Hong Kong Convention and Exhibition Centre (HKCEC) from 27 to 30 October, while the Outdoor and Tech Light Expo will be held at AsiaWorld-Expo from 26 to 29 October.
Hong Kong International Lighting Fair (Autumn Edition)
Renowned as two of the world’s premier lighting trade fairs, this year’s twin lighting fairs will be held under the theme “Beyond Illumination“. Bringing together some 3,000 exhibitors from more than 20 countries and regions, the fairs will showcase a diverse range of innovative lighting products and solutions that blend smart connectivity, healthy living, immersive spatial experiences and sustainability.
Share your bright moments at the twin Autumn Lighting Fairs with #HKLIGHTINGFAIR and @HKTDCLIFESTYLE, and capture your shot at the AI immersive photo experience next to booth GH-D02, Hall of Connected Lighting.
Hong Kong International Lighting Fair (Autumn Edition) – HKCEC A highlight zone of the Autumn Lighting Fair, the Hall of Connected Lighting makes a return this year with a line-up of some 70 leading global brands, including local brands Dimon and Viliya; Inventronics and TUYA from Chinese Mainland, as well as international names such as Viso Systems from Denmark; Casambi from Finland; and Signify from the Netherlands, etc. The zone will also feature global major industry alliances, including the Connectivity Standards Alliance, the DALI Alliance, the SILA-EMN Alliance and the Zhaga Consortium, alongside KNX, the global standard for smart building and home automation, which will make its debut at the fair.
Exhibitors will showcase an array of award-winning designs, design aesthetics and lighting solutions featured in landmark projects. Combined with diverse themed scenarios and immersive lighting installations, visitors will gain first-hand experience of the latest smart lighting products and solutions.
Leading lighting brand Signify will collaborate with the Mercedes-AMG PETRONAS F1 Team to present a racing simulator experience that extends the excitement of motorsport beyond the screen into a physical environment through innovative lighting technologies. Two professional racing simulators will allow visitors to experience the thrill of high-speed driving and sharp cornering in a highly immersive setting. Also, Philips Sky professional lighting solutions will be showcased, featuring the light formula, VitaUp and BioUp technologies. VitaUp uses low-dose UVB light to mimic natural sunlight and support natural vitamin D production, while BioUp adjusts lighting to the body’s circadian rhythm, delivering a healthier and more comfortable indoor lighting experience.
Expanding the event’s product scope, the Autumn Lighting Fair will launch the new LED Display Solution Zone to foster the development of a commercial LED display ecosystem. The zone will feature LED video walls, commercial displays, transparent and flexible LED panels, immersive audio-visual systems and integrated display solutions, covering applications ranging from retail environments and corporate presentations to exhibitions, virtual production and major commercial projects.
First-time exhibitor Ledman Hong Kong will present the QS Series IceScreen LED Display, which was deployed at the Milano Cortina 2026 Winter Olympic Games. Featuring large-scale 8K display technology, the solution delivers highly realistic and impactful visual experiences. The company will also introduce the LEDHUB Smart Conference Solution, which integrates large-format display, video conferencing and collaboration functions into a single platform. Winner of the 2025 TITAN Innovation Awards Gold Award, the solution has been adopted by leading institutions including The University of Hong Kong, the University of Warwick and Fudan University.
Another fair spotlight, the Hall of Aurora, will feature some 500 renowned brands, presenting lighting fixtures and products that blend creativity, design aesthetics, and superior craftsmanship. Exhibitors include local pioneers Prosperity Group and Profiled Group, major players from Chinese Mainland such as Eaglerise, FSL, LEEDARSON and OPPLE, as well as international brands like Lival from Finland, Cupower from Germany, and Beghelli from Italy.
Hong Kong exhibitor Sunricher will present the award-winning Desktop Wizard, a portable smart home controller that offers a flexible and space-saving alternative to conventional remote controls and fixed wall switches. Featuring modular buttons and multiple control modes, it delivers an intuitive, user-friendly experience tailored to diverse needs. The product has earned international recognition, including the Red Dot Design Award, iF Design Award and German Design Award.
Another highlighted zone, the Residential Lighting, will showcase an array of functional and decorative household lighting products. Chinese Mainland exhibitor Yndlux Lighting will display its self-developed 5272 modular linear light, combining a flexible modular design and intelligent controls to meet diverse lighting and interior design needs.
Other zones include:
The Commercial Lighting zone will showcase a wide range of commercial lighting products designed to meet the diverse needs of buyers across various industries, addressing the distinct lighting needs of retail, office, and other commercial spaces;
The LED Essentials zone will feature a diverse collection of lighting accessories and components;
The LED Lighting zone will display a diverse range of LED light sources, including LED tube, panel light, bulb etc., providing the fundamentals for energy-efficient solutions;
The Testing, Certification & Inspection zone with companies providing professional light quality testing and certification services;
The Trade Service & Publications zone with companies offering market intelligence, industry publications, as well as business support services for the lighting industry.
Hong Kong International Outdoor and Tech Light Expo– Hall 6, 8 @AsiaWorld-Expo) The Hong Kong International Outdoor and Tech Light Expo will be held from 26 to 29 October at AsiaWorld-Expo, showcasing a comprehensive range of outdoor, commercial and industrial lighting products and solutions to drive smart city development. The expo will feature three thematic zones, including: the Smart Pole and Solution zone will showcase technologies and integrated solutions to optimise energy efficiency, improve urban management and elevate the quality of life for city residents; the Landscape and Architectural Lighting zone will present advanced lighting solutions that enrich urban ambience while enhancing safety, functionality and aesthetic appeal across public and commercial spaces; the Outdoor, Industrial and Technical Lighting zone will feature a wide spectrum of professional-grade lighting products designed for outdoor environments, industrial applications and technical settings such as warehouses, factories and infrastructure projects.
The expo will present newly introduced photovoltaic (PV) and energy storage solutions to help cities enhance energy efficiency, alongside lighting applications for smart city development, industrial environments, professional settings, landscape projects and architectural illumination. Among the highlights, Lansine Intelligent (Zhongshan) will present t he LX‑LC01 energy storage power station and foldable solar panel series, providing green power solutions specially designed for off‑grid applications, outdoor camping, emergency backup power, as well as small‑scale and residential energy storage.
A Rich Programme to Stay Ahead of Innovative High-End Design and the Latest Market Trends The twin lighting fairs will collaborate with prestigious international lighting organisations to feature a series of thematic seminars, product launches and networking events. The Innovative Lighting Design Forum will take place on 27 October at the HKCEC under the theme “Treasures of Light: Artistic Brilliance Beyond Exhibitions“. Award-winning lighting designers renowned for their work on museums, exhibitions and art galleries will share the latest market trends through case studies. Featured speakers include Dr Yan Liu, Design Director, China at AT Design & Consulting Co. Ltd., who has contributed to the lighting design of the Louvre Museum in Paris and the Palace Museum in Beijing; Adam Meredith, Lighting Designer at MEGS Lighting from Australia, who led the lighting design projects for the Metropolitan Museum of Art in New York and M+ in Hong Kong; and Omar Elkerm, Lighting Design Manager (Africa) at Signify, who led the lighting design for several major pyramid illumination projects in Egypt.
Following this forum is “Award-Winning Illumination: Highlights from the IES Illumination Awards“, a new event co-organised with the Illuminating Engineering Society (IES). Winners of one of the industry’s highest honours—the “IES Illumination Awards”—will analyse the artistic and technological developments in different lighting design categories. Featured speakers include Hiroyasu Shoji, Representative and Lighting Designer at Lightdesign Inc., who led the lighting design for the Grand Ring at Expo 2025 Osaka, and Kelly Jones, Principal at Lighting Design Alliance, a Salas O’Brien Company, whose portfolio includes numerous projects for Disney and Universal Studios.
Another debut event, “Circularity in Lighting Design“, will be co-organised with Women in Lighting(WIL) on 28 October. Influential female designers, including Sophie O’Rourke, Principal Lighting Designer at AECOM and Co-Founding Member of the Green Light Alliance, who is working on the ongoing Gilston Park Estate project, a new mixed-use community ; Pavlina Akritas, Founder of Akritas Lighting Design, known for her work on lighting projects for some of the world’s most prestigious luxury brands; Yah Li Toh, Founder and Principal of Light Collab, who designed the lighting for the Singapore Pavilion at Expo 2020 Dubai; Jinkie de Jesus, Founder of Light Plan Inc., who led the lighting design of Mactan-Cebu International Airport and some of Manila’s most prestigious hotels; and Kael Gillam, Principal Lighting Designer at Buro Happold, who designed the lighting f or Bromley Old Town Hall, will discuss relevant topics in detail.
Another key event, the Connected Lighting Forum, co-organised with the Shanghai Pudong Intelligent Lighting Association (SILA), will be held under the theme “Healing Light for the Future: Illuminating Emotional Well-being“, exploring the development of intelligent and human-centric lighting technologies for psychological wellness and sharing case studies on light healing and therapy.
In addition, numerous exhibitor and buyer activities will be held at AsiaWorld-Expo, including a seminar titled “Smart Tech Integration in Outdoor Lighting” on 27 October, which will bring together experts from the Alliance of Smart Pole Industry and another industry organisation to examine how AI is driving the next generation of smart pole applications.
Providing Buyers with a Seamless Sourcing Journey The events will adopt the EXHIBITION+hybrid model, enhanced by the Click2Match online smart business matching platform, which will be available from 19 October to 6 November. Additionally, the Scan2Match feature in the HKTDC Marketplace App will be accessible onsite for buyers to scan dedicated QR codes from exhibitors to:
Bookmark favorite booths and products
Instantly access detailed product information
View interactive electronic floor plans
Continue conversations with exhibitors after the fair
The seamless experience ensures a smoother, more connected sourcing journey—before, during, and after the fair.
Fair websites
Hong Kong International Lighting Fair (Autumn Edition):
Panama has activated emergency measures and intensified relief operations after powerful earthquakes and more than 200 aftershocks damaged hundreds of homes, schools and hospitals across the country. President José Raúl Mulino’s government declared a national state of emergency on Saturday, 10 October, following two earthquakes on Friday measuring magnitudes 7.7 and 6.6. Authorities reported at least 27 injured people but no confirmed deaths, while assessments continued in […]
The partnership combines the catalytic capital capabilities, convening platforms, and innovation networks of the Temasek Trust Collective with the World Bank Group’s global development expertise, reach, and country-level insights to help promising solutions move from pilot to scale.
Both organisations will explore co-financing and innovative financing approaches to mobilise additional resources, initially focusing on climate and energy, water, agriculture, and health.
A regional Knowledge Node will be established at Temasek Shophouse in Singapore to connect philanthropic partners with development expertise, networks, and opportunities, and to help promising solutions move from pilot to scale.
BANGKOK, THAILAND – Media OutReach Newswire – 12 October 2026 – Temasek Trust and the World Bank Group today signed a memorandum of understanding (MoU) to establish a strategic partnership aimed at harnessing the complementary strengths of philanthropy and development finance to advance shared development priorities. The MoU was signed on the sidelines of the inaugural World Bank Group Philanthropy Forum held as part of its Annual Meetings in Bangkok.
Desmond Kuek, Executive Director and CEO of Temasek Trust, and Paschal Donohoe, Managing Director and Chief Knowledge Officer of the World Bank Group, at the MoU signing for a strategic partnership between Temasek Trust and the World Bank Group to advance shared development priorities.
The partnership combines the Temasek Trust Collective’s catalytic capital capabilities, convening platforms, and innovation networks with the World Bank Group’s global development expertise, reach, and country-level insights. Together, they will strengthen cross-sector collaboration and help promising solutions achieve impact at scale.
Paschal Donohoe, Managing Director and Chief Knowledge Officer, World Bank Group, said: “As development needs grow and resources come under pressure, partnership matters more than ever. Philanthropic organizations bring deep expertise and innovative solutions that align closely with our core missions and jobs agenda. The Philanthropy Hub will connect ideas, resources, and partners to take those solutions to scale, and to deliver for people and communities around the world.”
Desmond Kuek, Executive Director and CEO of Temasek Trust, said: “Today’s development challenges do not fit neatly into silos – and neither can our response. Philanthropy can move early, take risks, and unlock the partnerships and capital needed to turn bold ideas into lasting impact. Working in concert with the World Bank Group and its Philanthropy Hub, we can bridge systemic gaps, scale what works, and forge new pathways for collective action.”
Under the MoU, Temasek Trust and the World Bank Group plan to collaborate across three areas:
Convening and knowledge exchange: Bringing together governments, development institutions, businesses, philanthropies, and other partners to deepen collaboration, learning, and partnership development around shared priorities. This includes mutual participation in platforms such as the World Bank Group Philanthropy Forum and the Philanthropy Asia Summit; engaging senior leaders in high-level dialogues; and facilitating dedicated exchanges on World Bank Group missions, including Mission 300 and Water Forward, as well as approaches to co-funding, building coalitions, and developing country compacts.
Shared knowledge and insights: Connecting philanthropic partners more effectively with World Bank Group platforms, expertise, programmatic support, and institutional knowledge. The collaboration may also facilitate country-level engagement by providing insights into local development challenges, innovations, and opportunities, together with guidance and connections to relevant stakeholders, knowledge, and partnerships. By building shared knowledge and a repository of effective solutions, the parties aim to help translate promising pilots into replicable and scalable models that can advance impact outcomes.
Coordinating partners and capital towards shared priorities: Identifying capital mobilisation approaches to support larger, more coordinated, mission-aligned partnerships. Temasek Trust and the World Bank Group will also assess how their respective philanthropic networks and partners can be better aligned around common interests, while sharing knowledge on models for deploying and aggregating capital to support development solutions. Any specific financing arrangements or projects would be considered separately and remain subject to each party’s mandates, policies, procedures, resources, and approvals.
Initial priority areas include water, agriculture, health, climate, and energy, with potential collaboration linked to relevant World Bank Group initiatives.
Knowledge Node at Temasek Shophouse
In 2027, under the strategic partnership and as part of the Philanthropy Hub, Temasek Trust will establish a Knowledge Node at Temasek Shophouse in Singapore. It will connect philanthropic partners with a wide range of World Bank Group datasets, expertise, and relevant networks to support evidence-building and collaboration and will help promising solutions progress towards wider adoption.
Hashtag: #TemasekTrust
The issuer is solely responsible for the content of this announcement.
About Temasek Trust
Temasek Trust is the philanthropic arm of Temasek Holdings, with community stewardship goals of protecting the planet, uplifting communities, connecting people, and advancing capabilities. By forging new pathways in philanthropy and impact investing with like-minded partners, Temasek Trust advances catalytic philanthropy as a force for good. Through the Temasek Trust Collective, an ecosystem of organisations united by a shared purpose of building better for every generation, Temasek Trust builds capacity, convenes partnerships, mobilises capital, and catalyses solutions to drive positive impact. For more information, visit www.temasektrust.org.sg. Follow us on LinkedIn, Instagram, Facebook, and YouTube.
Britain’s Chancellor John Healey has ruled out extending the planned mansion tax to homes worth £1.5 million, preserving the £2 million threshold despite mounting pressure to raise revenue ahead of this month’s Budget. The decision follows concerns among Labour MPs that widening the levy would capture substantially more households in expensive neighbourhoods, particularly London, and intensify opposition to a tax intended to target the wealthiest property owners. […]
Jeffrey Epstein spent years cultivating filmmaker Woody Allen through expensive gifts, private travel and carefully arranged social encounters, using their relationship to gain access to influential figures, particularly in France, newly examined correspondence shows. Emails released by the US Department of Justice trace a relationship that began at a New York dinner on 2 December 2010 and continued until Epstein’s death in August 2019. The records show […]
China’s rapidly expanding hybrid vehicle exports to the European Union face new restrictions following a trade understanding between Beijing and Brussels, potentially disrupting a market worth $7.5 billion in the first six months of 2026. Chinese customs figures show shipments to the EU’s 27 member states tripled from $2.5 billion during the corresponding period last year. The half-year total was nearly nine times the $845 million recorded […]
As sole supplier, KONE provides all 184 units to Huanggang Port, enabling vertical flow design for 300,000 daily passengers
One-year execution under dual Hong Kong-Shenzhen standards delivers fully integrated cross-border project execution
Introduces 24/7 connected services to enable predictive maintenance, leveraging real-time data and AI for seamless, 24-hour port operations
HONG KONG SAR – Media OutReach Newswire – 12 October 2026 – The Huanggang Port—the world’s largest land port and the only 24-hour passenger link between Hong Kong and Shenzhen—is officially opened. Unlike the traditional horizontal border-crossing layouts, the port adopts an innovative vertical passenger flow design fully equipped with all 184 elevators and escalators exclusively provided by Finnish’s KONE. Spanning the 9-story complex, this people flow solution is expected to slash transit times from 30 minutes to just 5 minutes for up to 300,000 daily passengers.
184 elevators and escalators across 9 levels deliver seamless vertical passenger flow Breaking away from traditional clearance layouts, the Huanggang Port utilizes the height of its nine-story complex to create a vertical passenger flow arrangement, with immigration facilities on different levels to free up ground-level space for public transit. To bring this seamless experience to life, KONE supplied all 184 elevators and escalators, including 102 elevators equipped with regenerative drive technology and 82 escalators. Notably, the escalators feature a maximum rise of 19.2 meters, while the elevators can accommodate loads of up to 12 tons. This solution is designed to support the port’s daily capacity of 300,000 passengers, significantly reducing walking distances and waiting times, while relieving traffic congestion especially during peak periods after large-scale events.
Digital predictive maintenance supports 24-Hour operations As the only 24-hour land checkpoint between Hong Kong and Shenzhen, the port demands utmost equipment reliability. KONE 24/7 connected services continuously monitors all units, leveraging real-time data and AI technology to identify potential risks in advance. By shifting from reactive to predictive maintenance, this digital solution enables seamless, round-the-clock operations. During over a hundred pre-opening drills, all KONE equipment successfully passed the 20,000-person Shenzhen-Hong Kong boundary-crossing pressure test. This not only validates its ultimate stability but also underscores our strong capacity to handle massive passenger surges. Looking ahead, KONE aims to integrate elevator and escalator data with building systems to drive passenger flow analysis, operational planning, and resource optimization. Cross-border collaboration elevates service integration across GBA Navigating the different regulations of Hong Kong and Shenzhen within a complex cross-border environment, KONE completed the installation and commissioning of all 184 units in just one year. Reflecting on KONE’s capabilities in cross-border project execution, Mr. Eric Xie, Senior Vice President of KONE Bay Region and Managing Director of KONE Hong Kong, said, “To meet the growing infrastructure demands of the Greater Bay Area, KONE has optimized its strategic setup in the region by closely integrating our Hong Kong and Shenzhen services. This investment not only strengthens our supply chain but also accelerates the delivery speed of elevator and escalator parts. By pairing Hong Kong’s world-class service standards with Shenzhen’s local technical talent and strategic location, we have built a powerful regional support network to fuel the future development of the GBA.”
From Luohu and Liantang to the Huanggang Port, KONE is one of the few companies capable of delivering complex cross-border projects. Driven by our seamless cross-border synergy, KONE remains committed to supporting public infrastructure, commercial developments, and rail transit projects, contributing to the region’s ongoing development.
Hashtag: #KONE
The issuer is solely responsible for the content of this announcement.
About KONE
At KONE, our purpose is to shape the future of cities. As a global leader in the elevator and escalator industry, we move two billion people every day, making their journeys safe, convenient, and reliable with smart and sustainable People Flow®. In 2025, KONE had annual sales of EUR 11.2 billion, and at the end of the year over 60,000 employees in close to 70 countries. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland. www.kone.com
www.temasektrust.org.sg
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