Arabian Post Staff -Dubai Abu Dhabi’s arbitration centre has recorded a 38 per cent rise in cases between its first and second years of operation, signalling stronger business reliance on the emirate’s formal dispute resolution framework as cross-border commerce expands. The Abu Dhabi International Arbitration Centre, known as arbitrateAD, has administered 105 matters since it began accepting cases in February 2024. The growth was disclosed in its […]
Discord Nitro subscribers will receive a starter edition of Xbox Game Pass at no additional charge under a new partnership with Microsoft, adding a substantial gaming benefit to the paid chat and community service as both companies compete for deeper engagement among players. The offer gives eligible Nitro members access to more than 50 PC and console games, along with 10 hours of Xbox Cloud Gaming each […]
EVelution Energy has moved closer to anchoring a domestic US cobalt supply chain after signing a memorandum of understanding with Democratic Republic of Congo’s state cobalt buyer and Trafigura for long-term shipments of cobalt hydroxide to its planned Arizona refinery. The agreement brings together EVelution Energy, Entreprise Générale du Cobalt and Trafigura in a framework that could channel Congolese cobalt to the United States for processing into […]
BYD is exploring talks with Stellantis and other European carmakers over underused plants, marking a potentially significant step in the Chinese group’s push to localise electric vehicle production in one of the world’s most contested auto markets. The discussions, disclosed by BYD executive vice-president Stella Li, include possible deals for factories in countries such as Italy, where established manufacturers are grappling with weak demand, high production costs […]
Dogecoin held near the 11-cent level after a volatile trading stretch, with large holders increasing their exposure even as the wider digital asset market continued to absorb selling pressure and cautious positioning across major tokens. The world’s largest memecoin by market value traded in a tight band after retreating earlier in the week, reflecting a market caught between renewed speculative appetite and resistance from profit-taking. Its latest […]
BANGKOK, THAILAND – Media OutReach Newswire – 13 May 2026 – ONYX Hospitality Group, a leading hospitality management company in Asia-Pacific, has unveiled its growth strategy as it celebrates its 60th anniversary. With a portfolio spanning hotels, resorts, serviced apartments, luxury residences, as well as dining and spa offerings, the Group is targeting total revenue of THB 10.33 billion in 2026, representing a 14% year-on-year increase. It also plans to expand its portfolio to more than 75 properties by 2030, underscoring its sustained growth momentum and strengthening its position across the Asia Pacific region. This expansion will be supported by a planned investment of THB 5.5 billion over the next three years, primarily focused on enhancing and upgrading existing properties.
Over the past six decades, ONYX Hospitality Group has grown from managing a single hotel in Thailand into a regional hospitality company with a multi-brand portfolio including Amari, OZO, Shama and Oriental Residence. Each brand has a clearly defined identity and market position, enabling the Group to meet the evolving needs of modern travellers across a range of segments.
Today, ONYX manages 49 properties and remains on track to expand its portfolio to more than 75 properties across Asia Pacific through a disciplined and sustainable growth strategy.
Yuthachai Charanachitta, Chief Executive Officer of ONYX Hospitality Group, said: “Over the past six decades, ONYX Hospitality Group has built a strong foundation of expertise and experience, growing from the management of a single hotel in Thailand into a regional hospitality player with an expanding presence across Asia Pacific, continuously earning the trust and confidence of both partners and customers.
This growth has been driven by a strong Thai foundation, combined with a global outlook and a strategic focus on regional markets, which have consistently served as the key pillars underpinning the Group’s development.
As we celebrate our 60th anniversary, we see this milestone not merely as a reflection of our past achievements, but as the beginning of our next phase of growth. Looking ahead, we remain committed to expanding our regional footprint, strengthening our brands, and creating long-term value for our partners, investors and customers, while continuing to develop the organisation in a balanced and sustainable manner. At the same time, we are dedicated to playing an active role in elevating service standards and supporting the long-term advancement of Thailand’s hospitality industry.”
Accelerating Expansion to Support Long-term Growth
ONYX Hospitality Group continues to expand its presence across Asia Pacific under its vision of becoming ‘The Best Medium-sized Hospitality Management Company in Asia Pacific’.
In 2026, the Group is set to launch several new projects, including Shama Sukhumvit 101 Bangkok, Shama Medini, and Y Hotel Nanshan Shenzhen Inspired by OZO, reinforcing its strategic expansion across the serviced apartment and lifestyle hospitality segments in key regional gateway cities.
At the same time, the Group continues to advance a strong future development pipeline, including Shama Rayong, EQ Phuket, Shama Hub Ladprao Bangkok, Shama North Pattaya, and the luxury development Amari Resort & Villas, Samui, alongside a major transformation of Amari Phuket aimed at revitalising the property and elevating the guest experience.
By 2030, ONYX aims to expand its portfolio from 49 properties to more than 75, with a focus on quality growth through long-term partnerships and a tailored approach to hospitality that reflects the needs of each market.
In addition to regional expansion, ONYX Hospitality Group is driving growth through effective asset management and investment strategies, with ONYX RT serving as another key growth engine. Supported by lower interest rates, recovering investor confidence, and the return of more than 35 million international travellers, the Group expects its core assets — including Amari Bangkok, OZO Samui, and OZO Phuket— to further enhance portfolio value, with a targeted valuation of more than THB 4 billion.
Strengthening Brand Positioning Across the Portfolio
As part of its 60th anniversary, ONYX Hospitality Group is advancing its overall brand development through its long-term strategic framework, “ONYX Universe”, which has been designed to support future growth across all dimensions of the business. The framework covers talent development, technology, sustainability, brand strength, marketing and revenue efficiency, customer engagement, food and beverage, and asset management to drive long-term returns. It will serve as a key foundation for enhancing the Group’s regional competitiveness while responding to the evolving needs of travellers and residents.
ONYX has also refined the positioning of its four core brands to strengthen differentiation and align more clearly with current market demand:
Amari has been repositioned in the upper-upscale segment, offering Thai hospitality enriched by local insight and the distinctive character of each destination.
OZO has evolved into an upper-midscale lifestyle hotel brand with enhanced service, designed for modern travellers who expect a seamless stay with the right essentials and a touch of elevated comfort.
Shama continues to focus on serviced apartment living, fostering vibrant communities while delivering Joy of Living through thoughtfully designed experiences that combine comfort, quality, and meaningful lifestyle for both short- and long-term stays.
Oriental Residence has been elevated to a more refined expression of luxury, where elegance is understated, privacy is paramount, and every detail is thoughtfully personalised.
This brand evolution reflects ONYX Hospitality Group’s commitment to creating clearer differentiation in support of long-term business growth.
Driving Sustainable Growth Through Regional Expansion and Brand Strength
Built on a 60-year legacy, ONYX Hospitality Group remains committed to growth through regional expansion, brand enhancement and continued organisational development. Anchored in its Thai roots and global outlook, the Group continues to place regional growth at the heart of its strategy as it works towards becoming the best medium-sized hospitality management company in Asia- Pacific, while delivering sustainable value to all stakeholders. Hashtag: #ONYXHospitalityGroup #HospitalityIndustry #AsiaPacificTravel
The issuer is solely responsible for the content of this announcement.
About ONYX Hospitality Group
ONYX Hospitality Group, a reputable force in Asia Pacific’s hospitality industry, operates a collection of comprehensive yet complementary brands – Amari, OZO, Shama and Oriental Residence – catering to the distinctive needs of discerning business and leisure travellers in Southeast Asia where their expertise lies. In addition to its brand portfolio, ONYX Hospitality Group also operates additional hospitality services across spa and food and beverage. With over six decades of management experience, the company extends its innovative solutions throughout the region, upholding internationally recognised standards and ensuring optimal operational manoeuvrability. By fostering enduring relationships with like-minded business partners, ONYX Hospitality Group delivers unparalleled experiences in a dynamic and competitive market, meeting the ever-evolving demands of travellers.
World-First Innovations Showcase Hong Kong’s Thriving Life and Health Tech Ecosystem from Bench to Bedside
HONG KONG SAR – Media OutReach Newswire – 12 May 2026 – Hong Kong Science and Technology Parks Corporation (HKSTP) joined alongside 38 Park companies in the two flagship events of the 5th International Healthcare Week — the Hong Kong International Medical and Healthcare Fair (“Medical Fair”) and the Asia Summit on Global Health (“ASGH”), held from 11 – 13 May. Showcasing at these premier medical innovation and technology (I&T) events, HKSTP is demonstrating its pivotal role in nurturing and supporting the growth of biotechnology enterprises. During ASGH, HKSTP also hosted a dedicated investor pitch session, providing Park companies with an exclusive stage to connect directly with global capital and pursue fundraising opportunities.
HKSTP joined Medical Fair and Asia Summit on Global Health with 38 Park companies, comprehensively demonstrating the diverse strengths of Hong Kong’s life and health technology sector as it progresses from R&D to commercial application.
Over 30 Market-Ready Solutions across Four Key Industry Focus
On the opening day of the Medical Fair, the HKSTP pavilion drew numerous industry professionals, investors and professional buyers, who gathered to explore Hong Kong’s latest I&T achievements and actively discuss collaboration opportunities. Participating companies span four critical areas — health monitoring, surgical assistance, precision medicine, rehabilitation training — comprehensively demonstrating the diverse strengths of Hong Kong’s life and health technology sector as it progresses from research and development (R&D) to commercial application.
Mr Terry Wong, CEO of HKSTP, said: “HKSTP has always been a steadfast partner to tech ventures, building a vibrant and well-established ecosystem for biotech companies ranging from start-ups with early-stage innovation to experienced innovators with market-ready solutions. To meet their diverse needs, we offer end-to-end support from R&D to clinical applications, including lab facilities, funding connections and market expansion. Our presence at this event fully reflects the innovative vitality and strength of Hong Kong’s life and health tech ecosystem. We hope to showcase Hong Kong’s cutting-edge medical R&D achievements to the international community, while delivering a clear message: Hong Kong is not only a top-tier scientific research base, but also the strongest springboard for technology enterprises to go global. By uniting forces across all sectors, we will further solidify Hong Kong’s leadership as an international health tech hub.”
Park company Highlights:
Endovision offers an intestinal endoscopic imaging system that leverages AI and real-time imaging to assist physicians in conducting more precise examinations. The solution has already obtained EU Medical Device Regulation (MDR) certification.
Mirror Caring presents SyncKnee, a smart wearable solution integrating flexible sensors, embedded systems and AI analytics to deliver real-time monitoring of knee joint health and data-driven insights.
Voice Empowerment Technology features a customised “AI Voice Reconstruction Tool” designed to enhance the efficiency of speech therapy services, offering breakthrough communication support for patients with aphasia and speech disorders.
“World-First” Cutting-Edge Medical Technologies Take Centre Stage
This year, HKSTP has also set up a dedicated exhibition zone at the Asia Summit on Global Health (ASGH), spotlighting a range of groundbreaking biomedical solutions, including several “world-first” innovations:
Agilis Robotics: The world’s first robotic-assisted “En Bloc Transurethral Resection of Bladder Tumour”, achieving precise tumour resection margins and offering a minimally invasive surgical option with faster recovery for early-stage cancer patients.
GenEditBio: The world’s first in vivo genome editing therapy (often referred to as “DNA surgery”) targeting corneal dystrophy, with Phase I clinical trials expected to commence this year, aiming to improve patients’ quality of life.
Meta Pharmaceuticals: The world’s first oral inhibitor for treating autoimmune diseases such as inflammatory bowel disease and multiple sclerosis, enhancing medication convenience and delivering safer, more effective anti-inflammatory therapy.
Dedicated Investor Pitch Session: Connecting Global Capital to Accelerate Enterprise Growth
For early-stage biotech companies, funding is crucial to sustaining research and achieving breakthroughs. To this end, HKSTP is fulfilling its role as a “super-connector” by hosting the “Life and Health Technology Innovation Pitch” at ASGH, to bridge between Park companies and the global market and deepen international partnerships.
HKSTP hosted the “Life and Health Technology Innovation Pitch” session, providing Park companies with an exclusive stage to connect directly with 12 global investors and pursue fundraising opportunities.
The pitch session bought together 12 leading global investors from the UK, the US, Singapore, Canada and beyond, creating a top-tier platform for fundraising and business matching, and accelerating the translation of life and health tech innovations. Ten Park companies with breakthrough technologies took the stage to attract international capital, further showcase their innovative solutions and advance to the next stage of growth and global expansion.
Event Details: Hong Kong International Medical and Healthcare Fair (Medical Fair) Date: 11–13 May 2026 Venue: Hong Kong Convention and Exhibition Centre, Hall 3DE HKSTP Booth: 3E-E06
Asia Summit on Global Health (ASGH) Date: 11–12 May 2026 Venue: Hong Kong Convention and Exhibition Centre, Hall 3FG HKSTP Booth: 3F-A11 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 to create a thriving I&T ecosystem grooming 13 unicorns, more than 17,000 research professionals and over 2,500 technology companies from 26 countries and regions focused on developing healthtech, AI and robotics, fintech and smart city technologies, etc.
Our growing innovation ecosystem offers comprehensive support to attract and nurture talent, accelerate and commercialise innovation for technology ventures, with the I&T journey built around our key locations of 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 realising a vision of new industrialisation for Hong Kong, where sectors including advanced manufacturing, micro-electronics and biotechnology are being reimagined.
Hong Kong Science Park Shenzhen Branch in Futian, Shenzhen plays positive roles in connecting the world and the mainland with our proximity, strengthening cross-border exchange to bring advantages in attracting global talent and allowing possibilities for the development of technology companies in seven key areas: Medtech, big data and AI, robotics, new materials, microelectronics, fintech and sustainability, with both dry and wet laboratories, co-working space, conference and exhibition facilities, and more.
Through our R&D infrastructure, startup support and enterprise services, commercialisation and investment expertise, partnership networks and talent traction, HKSTP continues to contribute in establishing I&T as a pillar of growth for Hong Kong.
More information about HKSTP is available at www.hkstp.org.
Washington’s fragile ceasefire with Tehran moved close to collapse after President Donald Trump rejected Iran’s latest response to a US peace proposal and described the arrangement as being on “massive life support”. Trump’s remarks on Monday marked one of the sharpest public assessments of the 10-week conflict, which has already disrupted shipping through the Strait of Hormuz, lifted energy prices and strained diplomacy across the Gulf. Speaking […]
CapBridge Pte Ltd has teamed up with Sun Life Singapore to distribute SunBrilliance insurance solutions to high-net-worth individuals and family offices, strengthening its push beyond private-market investments into wealth protection and succession planning.
The collaboration gives CapBridge clients access to Sun Life Singapore’s SunBrilliance Indexed Universal Life II, a permanent life insurance product designed for families seeking cross-border wealth transfer, estate liquidity and long-term legacy planning. The product is targeted at global high-net-worth clients who want life cover alongside cash-value growth linked to market performance, while retaining protection against negative index returns.
CapBridge, a Singapore-headquartered digital investment platform and member of FOMO Group, has been expanding its wealth offering for mass affluent investors, HNWIs and institutional clients. Its platform provides access to private and public market opportunities, including funds, digital asset funds, stocks, bonds and equities, while also arranging life insurance products through licensed partners. The company is regulated by the Monetary Authority of Singapore and holds a capital markets services licence for dealing in capital market products and providing custodian services.
Sun Life Singapore, formally Sun Life Assurance Company of Canada Singapore Branch, is part of Sun Life Financial Inc., the Canada-based financial services group listed on the Toronto, New York and Philippine stock exchanges under the ticker symbol SLF. The Singapore branch focuses on wealth preservation, growth and transfer solutions for affluent and high-net-worth clients, positioning the city-state as a core hub for its Asian insurance and legacy planning business.
SunBrilliance Indexed Universal Life II is denominated in US dollars and offers whole-life coverage with a minimum sum assured of US$500,000. The product allows policyholders to allocate premiums to indexed and fixed accounts, with indexed returns linked to the S&P 500. It includes lifetime protection, flexible premium and death benefit arrangements, and downside protection through a guaranteed floor. The plan is positioned for clients seeking a balance between market participation and capital preservation in succession structures.
The tie-up comes as Singapore’s wealth management sector continues to attract family offices and internationally mobile capital. Single-family offices in Singapore rose to about 2,000 in 2024 from 1,650 a year earlier, reflecting the city-state’s appeal as a base for governance, investment structuring and succession planning. Wealth managers and insurers have been competing to serve families from Greater China, Southeast Asia, South Asia and the Middle East, many of whom are looking for multi-jurisdictional solutions that combine investment access, insurance, tax planning and estate continuity.
Demand for indexed universal life products has grown as wealthy families seek instruments that can provide insurance protection while allowing some participation in equity-market upside. Such products are often used to address estate tax liquidity, business succession, charitable planning and intergenerational asset transfer. They can also help families ring-fence assets for beneficiaries while maintaining flexibility in premium schedules and policy structures.
For CapBridge, the collaboration adds another layer to a platform that has already moved beyond private-market access into broader portfolio and wealth planning services. The company’s earlier partnerships in insurance and investment access show an effort to build a more integrated proposition for accredited and high-net-worth clients who prefer consolidated digital execution rather than dealing separately with brokers, banks, custodians and insurers.
For Sun Life Singapore, the arrangement widens distribution for its high-net-worth insurance suite through a digital platform serving investors already active in alternative assets and private markets. That client base is increasingly relevant for life insurers as family offices allocate more capital across private equity, private credit, structured products and global equities, while also requiring protection products to manage wealth transfer risk.
The collaboration also reflects a broader industry shift in Asia, where life insurers are moving closer to private banks, external asset managers and digital investment platforms. Insurance products are no longer being marketed only as protection tools; they are being embedded into wealth architecture, particularly for families with assets, heirs and business interests spread across several jurisdictions.
BDC intends to further deploy HVO-powered energy solutions across its data centres in Asia Pacific and beyond
SINGAPORE – Media OutReach Newswire – 12 May 2026 – Bridge Data Centres (BDC), a Singapore-headquartered hyperscale data centre provider, and EcoCeres, a global leader in the innovation and commercialisation of renewable fuels and green molecules, have successfully completed their inaugural Hydrotreated Vegetable Oil (HVO)-powered backup fuel pilot in Asia Pacific at BDC’s data centre campuses. HVO is a next-generation renewable fuel derived from 100% waste-based feedstock and serves as a high-quality drop-in substitute for conventional fossil diesel. It requires no modifications to existing backup generators and reduces greenhouse gas emissions by up to 90 per cent.
The pilot covered the full range of emergency backup power scenarios, including generator startup, load transfer and sustained operations under data centre conditions, with all performance and emissions targets met. In addition, BDC has completed large-scale HVO testing across multiple locations. Building on the success of the pilot, BDC intends to further deploy HVO-powered solutions across its data centre campus in Asia Pacific and beyond.
Eric Fan, CEO of Bridge Data Centres, said: “Sustainability is core to BDC’s strategy. As AI workloads continue to scale across the region, we are committed to advancing innovative clean energy solutions that reduce our carbon footprint while meeting the performance and reliability requirements of our hyperscale customers. The success of our inaugural pilot in Asia Pacific demonstrates that HVO-powered backup fuel is a feasible and replicable concept for other high-growth data centre markets.”
Matti Lievonen, CEO of EcoCeres, said: “Decarbonising data centres is one of the most urgent and technically demanding challenges in the net zero transition, and we are proud to partner with Bridge Data Centres to demonstrate that HVO is ready to perform at scale in real-world operations. By proving that waste based renewable fuels can meet stringent reliability and performance requirements in existing diesel backup systems, this pilot offers a practical way for operators to significantly reduce emissions while maintaining the highest standards of reliability.”
The milestone comes after BDC and EcoCeres signed a Memorandum of Understanding to jointly pilot and promote HVO adoption in data centre operations.
BDC and EcoCeres will collaborate further to develop common standards and practical guidelines to support broader HVO adoption across the data centre industry.
The partnership is part of BDC’s wider push to advance clean energy solutions for data centres, which includes developing Singapore’s first floating hydrogen power generation solution tailored for next-generation AI data centres. Hashtag: #BridgeDataCentres, #RenewableEnergy, #HydrotreatedVegetableOil
The issuer is solely responsible for the content of this announcement.
Bridge Data Centres
Bridge Data Centres (BDC) is a Singapore-headquartered hyperscale data centre provider delivering high-performance, next-ready infrastructure across Asia Pacific. Backed by Bain Capital, BDC operates in Malaysia, Thailand, India, and other high-growth markets, with the capability to deliver up to 3 gigawatts (GW) of capacity globally by 2030 through partnerships with sister platforms in Europe and the United States.
EcoCeres
EcoCeres, a pure-play renewable fuels producer, is a global leader pioneering in-house vertically-integrated technologies to decarbonise and defossilise hard-to-abate industries.
Abu Dhabi has unveiled a AED55 billion public-private partnership pipeline, setting out 24 projects across transport, core infrastructure and social facilities that are expected to enter the market through 2026 and 2027. The programme, launched by the Abu Dhabi Investment Office and the Abu Dhabi Projects and Infrastructure Centre, marks one of the emirate’s largest structured openings to private capital in public infrastructure. It is designed to […]
SINGAPORE – Media OutReach Newswire – 12 May 2026 – SIM Academy is showcasing a range of part-time professional development opportunities designed for working adults in Singapore who want to strengthen their skills without stepping away from their careers. The academy’s programmes are positioned around industry-aligned learning, practical application, and flexible development pathways for professionals at different career stages.
Short Courses Structured for Busy Professionals
For working adults who want targeted upskilling, SIM Academy’s course listing includes instructor-led programmes that are typically offered in short formats. The 1-day or 2-day course structure may appeal to professionals seeking to build capability while balancing work and personal commitments.
The topics covered reflect a mix of core workplace capabilities and emerging skill areas, including communication skills, cognitive skills, systems leadership, sustainability, as well as broader organisational and leadership competencies. Such short-format training has become a common feature within Singapore’s continuing education landscape, particularly among working adults seeking to remain competitive in a changing job market.
SkillsFuture Funded Training Courses
A number of SIM Academy’s professional development courses are eligible for SkillsFuture Credit and related funding schemes. These funding mechanisms are part of national efforts to encourage lifelong learning and support workforce transformation. The availability of funding-supported courses may lower barriers to participation for individuals and employers, particularly for those pursuing incremental skills upgrading.
Career Switch for mid‑career professionals
SIM Academy offers programmes under the SkillsFuture Career Transition Programme (SCTP). These programmes are designed for individuals considering a shift into new roles or sectors and typically run over 5-6 months. Programme structures may include a combination of classroom learning, practical projects and career support elements such as guidance on job search and career planning.
This reflects a broader trend in Singapore’s training ecosystem, where structured transition programmes are increasingly used to support workforce mobility and adaptation to new job roles.
Flexible Delivery Formats
SIM Academy’s programmes are delivered through a mix of in-person, online and blended learning formats. This allows participants to select learning modes that align with their schedules and professional commitments. Short courses are conducted throughout the year, primarily at SIM Management House, alongside digital learning options that support greater accessibility. Flexible delivery has become an increasingly important feature of professional education, particularly for working adults balancing training with full-time employment.
Part of a Broader Continuing Education Landscape
As industries continue to evolve, demand for continuous skills development remains a key focus within Singapore’s workforce strategy. Short courses, modular training and structured transition programmes are among the approaches adopted by training providers to meet these needs.
SIM Academy’s range of offerings includes shorter, skills-focused workshops and longer-duration programmes designed to support career transitions.
The issuer is solely responsible for the content of this announcement.
About SIM Academy
SIM Academy provides leading-edge professional development and enterprise solutions. SIM Academy offers over 300 executive and business programmes that help almost 10,000 professionals annually on average hone their competencies to drive business value and achieve peak personal and enterprise performance.
Our programmes encompass a comprehensive range of lifelong learning opportunities designed to empower professionals with the knowledge, skills, and competencies necessary to become effective change-makers and leaders in today’s volatile and uncertain business landscape.
For more information on SIM Academy, visit sim.edu.sg
Cole Tomas Allen, a 31-year-old man from Torrance, California, has pleaded not guilty in a Washington federal court to charges arising from what prosecutors describe as an armed attempt to kill President Donald Trump and senior administration figures at the White House Correspondents’ Association dinner. Allen appeared on Monday before U. S. District Judge Trevor McFadden, wearing an orange jail uniform and restrained at the waist. He […]
Arabian Post Staff -Dubai Dubai has cleared a regulated path for residents to pay government service fees using virtual assets, after Crypto. com’s UAE entity secured a Stored Value Facilities licence from the Central Bank of the UAE. The approval allows Foris DAX Middle East FZE, Crypto. com’s local entity, to activate its partnership with Dubai Finance and process payments for Dubai government fees through a framework […]
Dubai-founded OTT Cybersecurity LLC has secured a place in Anthropic’s Cyber Verification Program, giving its Lyrie. ai platform formal recognition within a controlled framework for dual-use cybersecurity work involving advanced AI systems. The company also released the Agent Trust Protocol, an open cryptographic standard designed to verify the identity, authority and integrity of AI agents as they operate across digital systems. The protocol is being positioned as […]
Dubai has honoured more than 47 Al Safeer Congress Ambassadors for helping attract international and regional business events, reinforcing the emirate’s drive to turn knowledge exchange into a core pillar of economic growth. The annual gala, organised by Dubai Business Events, the city’s official convention bureau under the Dubai Department of Economy and Tourism, took place at The Lana, Dorchester Collection, Dubai. The ceremony recognised ambassadors whose […]
Innomotics wins several orders to provide motor and drive technology for eLNG projects, totaling a volume in the higher double-digit million EUR range
Innomotics advances electrification of LNG production with eLNG solutions based on electric drive systems
Significant operational, environmental, and financial benefits compared to conventional turbine-based LNG plants
Enables decarbonization and supports global transition to sustainable energy systems
NUREMBERG, GERMANY – Newsaktuell – 11 May 2026 – Innomotics, a globally leading supplier of electric motor and large drive systems, has won several major orders for electrified LNG projects in Europe, Canada, Middle East and Australia. The total volume for all orders is in the higher double-digit million EUR range.
Innomotics powers the world’s first all-electric eLNG plant in Hammerfest, Norway, for 19 years / Innomotics
Innomotics is driving the transformation of LNG production with its innovative eLNG solutions. By replacing conventional gas turbine-based liquefaction processes with electrified drive systems, LNG operators can significantly increase efficiency, reduce emissions, and lower operating costs.
As global demand for cleaner energy continues to grow, LNG remains a key component of the energy mix. However, traditional LNG production is energy-intensive and associated with high greenhouse gas emissions. eLNG addresses these challenges by using electricity – including renewable energy sources such as wind, solar, and hydropower – to liquefy natural gas, enabling a more sustainable and efficient production process.
The electrification of LNG plants is a key step in reducing reliance on fossil fuels and achieving decarbonization targets. Electric drive systems from Innomotics offer system efficiencies of up to 95%, significantly exceeding the performance of conventional gas turbines. At the same time, operators benefit from reduced maintenance requirements, with systems capable of running up to five years without scheduled shutdowns, and increased plant availability of up to 99.9%.
By integrating high-voltage motors and variable speed drives across the entire LNG value chain – from compression and refrigeration to storage and gas treatment – Innomotics enables a fully electrified production process. When powered by renewable energy, eLNG solutions can eliminate direct CO₂ emissions and reduce annual emissions by up to 500,000 tons, supporting operators in meeting regulatory requirements and sustainability goals.
“Electrification is the foundation for a sustainable future of LNG production. With our eLNG solutions, we enable operators to significantly improve efficiency, reduce emissions, and enhance reliability across the entire process. This not only strengthens competitiveness but also accelerates the transition towards net-zero operations,” says Michael Reichle, CEO of Innomotics.
He adds, “Operators are under increasing pressure to balance sustainability with profitability. Our electric drive systems deliver a compelling business case by lowering lifecycle costs, minimizing downtime, and ensuring maximum operational performance in demanding LNG environments.”
Recently awarded eLNG Projects
Pioneering eLNG success for Hammerfest in Norway:
Hammerfest is home to the world’s first all-electric LNG plant, operational since 2007. Equipped with two 65 MW refrigeration compressor drives, the facility has achieved over 15 years of successful operation with minimal maintenance and an exceptional availability rate of 99.88%. This project set a new standard for reliability and efficiency in the LNG sector, proving the long-term value of electric drive systems in demanding environments
Innovative floating LNG project in Canada:
This project represents the world’s first floating all-electric LNG facility. With four complete drive train systems of 35 MW each powering the main refrigeration compressors, the plant is designed to export three million tons of eLNG per year. The project demonstrates the scalability and flexibility of Innomotics technology, delivering high performance and low emissions in a unique offshore setting
Setting the global benchmark for an LNG plant in Qatar:
This LNG plant features multiple 60 MW and 45 MW trains, each with three refrigeration compressors. As the world’s LNG market leader, Qatar relies on Innomotics systems to deliver maximum availability and operational excellence. This large-scale deployment showcases our ability to support complex, high-capacity facilities with proven reliability and efficiency.
Lowest emissions through renewables at an LNG project in Canada:
The LNG plant is powered by renewable hydropower and features 50 MW LCI eLNG trains. The facility is designed to produce 2.1 million tons of LNG per year with the lowest emissions in the global LNG export industry. This reference highlights the environmental benefits of integrating electric drive technology with renewable energy sources.
Driving sustainability with carbon capture at a CCUS LNG project in Australia:
This project utilizes multiple medium voltage motors and drive systems totalling 297 MW for LNG production, combined with a carbon capture project. This installation demonstrates the compatibility of Innomotics solutions with advanced sustainability initiatives, enabling operators to reduce their carbon footprint while maintaining process efficiency
Binance Bahrain has renewed its ISO/IEC 27001 and ISO/IEC 27701 certifications, strengthening its information security and privacy credentials as regulated crypto platforms face rising scrutiny over user protection, operational resilience and compliance standards across the Gulf. The Manama-based crypto asset platform said the renewed certifications cover its information security management and privacy information management systems. The development places data governance at the centre of its Bahrain operations, […]
Seventeen Americans exposed to hantavirus aboard the MV Hondius have landed in Omaha for medical assessment and monitoring, after an international evacuation from the Canary Islands brought a deadly cruise-linked outbreak under United States supervision. One passenger tested mildly positive for Andes virus, a hantavirus strain capable of causing severe respiratory illness, while another showed mild symptoms and was awaiting further evaluation. The infected passenger, who had […]
False ship positions have multiplied around the Strait of Hormuz, with vessels shown inland, clustered at impossible coordinates and moving at implausible speeds as electronic interference intensifies around one of the world’s most sensitive energy corridors. The disruption has emerged alongside renewed attacks and drone activity across the Gulf, sharpening concerns for crews, shipowners, insurers and energy buyers already dealing with curtailed traffic through the waterway. The […]
Saudi Arabia’s biodiversity record has expanded with Taibah University documenting a previously undescribed burrowing scorpion species from Harrat Uwayrid in AlUla Governorate, marking a notable addition to the Kingdom’s growing catalogue of desert wildlife. The species, formally named Scorpio furvus, was identified through a research effort led by Dr Abdulhadi Aloufi, Associate Professor of Ecology and Taxonomy at Taibah University, with collaborators from Jordan. The findings were […]
Porsche AG will shut down its e-bike drive-system subsidiary as part of a wider restructuring that underscores a sharper turn back towards its core sports-car business after weaker sales, tariff pressure and a costly recalibration of its electrification plans. The decision affects Porsche eBike Performance GmbH, the unit set up to develop high-performance electric bicycle drive systems for global markets, and forms part of a package that […]
Arabian Post Staff -Dubai Qatar has presented its labour-policy overhaul as a wider migration-governance model, placing worker mobility, fair recruitment and anti-trafficking controls at the centre of its pitch to international partners. The position was set out at the Second International Migration Review Forum in New York, where HE Sheikha Najwa bint Abdulrahman Al-Thani, Undersecretary of the Ministry of Labour, argued that migration policy must move beyond […]
Arabian Post Staff -Dubai Classrooms across the UAE are set to reopen on Monday, May 11, after education authorities cleared the resumption of in-person learning for students, teachers and administrative staff following a temporary shift to remote classes linked to regional security developments. The decision covers public and private schools, nurseries, universities and higher education institutions across the country, restoring normal campus attendance after precautionary distance learning […]