Schaeffler Group has moved to strengthen Europe’s position in humanoid robotics by unveiling what it describes as a production-ready universal actuator designed to be deployed across multiple robot joints, a step the company says could narrow the scale and cost advantages held by Chinese manufacturers. The Frankfurt-based industrial and automotive supplier plans to present the new planetary gear actuator at CES 2026 in Las Vegas early next […]
Kenya’s leadership has renewed its push to project the country as a future developed economy, with Deputy President Kithure Kindiki rejecting claims that the ambition is unrealistic and arguing that structural reforms, demographic momentum and targeted investment are laying the groundwork for first-world status. Speaking at a public forum on economic transformation, Kindiki said scepticism about Kenya’s trajectory often ignored long-term planning frameworks and measurable gains in […]
Rivian has begun deploying a major software update that introduces Universal Hands-Free Driving across supported highways, alongside expanded digital key functionality on both iOS and Android devices, marking a significant step in the electric vehicle maker’s push to narrow the software gap with more established rivals. The update, delivered over the air to owners of the R1T pickup and R1S SUV, enables drivers to operate their vehicles […]
China’s shipments of rare-earth permanent magnets to the United States fell by 11% in November from October, underscoring how strategic trade frictions and regulatory tightening continue to weigh on a supply chain critical to electric vehicles, wind turbines and advanced defence systems. The monthly drop came despite a temporary easing of broader trade tensions between the world’s two largest economies, signalling that structural constraints rather than short-term […]
IBM has set out an ambitious plan to equip five million people across India with skills in artificial intelligence, cybersecurity and quantum computing by 2030, deepening its long-running SkillsBuild programme and expanding partnerships with governments, universities and employers to address widening technology talent gaps.
The initiative, led by IBM, centres on scaling IBM SkillsBuild, a free digital learning platform that blends online courses, project-based learning and industry-recognised credentials. The company said the expansion will prioritise job-ready capabilities aligned with fast-evolving enterprise demand, including generative AI applications, cloud security and the foundations of quantum information science.
IBM executives framed the move as a response to structural shifts in the labour market, where automation and AI adoption are reshaping roles faster than traditional education systems can adapt. India’s large and youthful workforce, combined with rapid digitalisation across banking, healthcare, manufacturing and public services, has made skills development a policy and business imperative. Government estimates show millions of new digital roles emerging this decade even as legacy jobs are redefined.
The company plans to deepen curriculum integration with higher education institutions, vocational colleges and secondary schools, embedding SkillsBuild content into coursework while expanding teacher training so faculty can deliver updated material. IBM also intends to widen collaborations with state governments and industry bodies to tailor programmes for local employment needs, particularly in tier-two and tier-three cities where access to advanced training has lagged.
SkillsBuild offers modular pathways that range from introductory digital literacy to advanced certifications, with content developed by IBM practitioners and academic partners. Learners can earn digital badges in areas such as data analysis, AI ethics, cybersecurity fundamentals and cloud computing, alongside exposure to quantum concepts through simulations and guided labs. IBM said it will add more experiential components, including hackathons, internships and employer-linked projects, to strengthen transitions from learning to work.
Cybersecurity has been highlighted as a priority track, reflecting persistent shortages of security professionals and rising risks to critical infrastructure and enterprises. Courses will cover threat analysis, incident response and secure system design, with an emphasis on practical skills that align with global frameworks. In AI, the focus extends beyond coding to include responsible deployment, model governance and sector-specific use cases, areas that employers increasingly cite as gaps among graduates.
Quantum computing, still an emerging field, forms the third pillar of the programme. IBM operates one of the world’s largest fleets of quantum systems accessible via the cloud, and the curriculum introduces learners to quantum mechanics, algorithms and programming tools. While near-term job creation in quantum remains limited, IBM argues that early exposure will build a pipeline of talent capable of supporting research, hardware development and future commercial applications.
The scale of the target reflects IBM’s broader workforce strategy, which has shifted towards skills-based hiring and continuous learning. The company has previously said that formal degrees are no longer the sole proxy for capability, particularly in fast-moving technology domains. By expanding free access to training and credentials, IBM aims to widen participation among women, underrepresented communities and learners from non-traditional backgrounds.
Industry analysts view the plan as part of a competitive race among global technology firms to cultivate ecosystems of skilled users and developers. Cloud providers, software companies and chipmakers have all launched large-scale training commitments, seeking both social impact and long-term commercial benefits as trained professionals tend to adopt familiar platforms. For India, such programmes complement national efforts to boost digital skills and attract high-value investment, though experts caution that quality, relevance and job linkage will determine outcomes.
Greenlogue/AP A major commitment by Alterra to a renewables platform run by Copenhagen Infrastructure Partners is set to channel long-term capital into clean power, storage and transmission projects across multiple markets, strengthening the scale and pace of energy transition investment worldwide. Alterra, the UAE’s climate investment vehicle with a stated target of deploying $30 billion by the end of the decade, confirmed it is investing in a […]
Proton VPN has moved into third position in TechRadar’s global VPN rankings, overtaking ExpressVPN and marking a notable shift in a market where privacy assurances and corporate ethics are becoming decisive factors for users. The change places the Switzerland-based provider behind only NordVPN and Surfshark in one of the most closely watched consumer technology comparisons, signalling how competition among virtual private network services is increasingly shaped by […]
Netskope has unveiled a new data centre in Malaysia, sharpening its expansion across Southeast Asia as governments and enterprises tighten rules on data residency and demand greater control over cloud security. The move places the US-based cybersecurity firm closer to customers in regulated industries that are accelerating cloud adoption while seeking assurances on where sensitive information is processed and stored.
The Malaysia facility, located to serve customers across the country and neighbouring markets, extends Netskope’s NewEdge network, the company’s global security infrastructure that underpins its secure access service edge offerings. By processing traffic locally, the firm says it can reduce latency, improve performance for cloud applications, and help organisations meet domestic compliance obligations without fragmenting their security architecture.
This expansion reflects a broader shift in Southeast Asia, where data protection regimes have become more explicit and enforcement has intensified. Malaysia’s Personal Data Protection Act, alongside sector-specific requirements for finance, healthcare and telecommunications, has pushed multinational firms to re-evaluate cross-border data flows. Similar pressures are evident in Singapore, Indonesia and Thailand, creating demand for security platforms that combine global reach with local presence.
Netskope’s regional strategy has focused on building infrastructure rather than relying solely on partner facilities. The Malaysia data centre complements existing points of presence across Asia Pacific and is designed to support services such as cloud access security brokerage, secure web gateways and zero trust network access. Company executives have said that proximity is increasingly critical as enterprises migrate mission-critical workloads to software-as-a-service platforms and public clouds.
Industry analysts note that the competitive landscape in cloud security has intensified as vendors race to offer compliant, low-latency services. Global rivals including Zscaler, Palo Alto Networks and Cisco have all invested in regional infrastructure to address sovereignty concerns. What differentiates players, analysts argue, is the ability to deliver consistent policy enforcement across geographies while adapting to local legal frameworks.
Malaysia has emerged as an attractive hub for such investments due to its growing digital economy, improving connectivity and government incentives aimed at data centre development. The country has positioned itself as a neutral base for regional operations, with policymakers encouraging foreign technology firms to establish infrastructure that supports domestic innovation and cross-border trade.
For enterprises, the presence of a local Netskope facility may ease long-standing concerns about routing traffic through distant jurisdictions. Financial institutions, in particular, have faced scrutiny over outsourcing arrangements and third-party risk management. Local processing can simplify audits and reporting while maintaining alignment with global security standards.
The expansion also speaks to changing threat dynamics. Cyber risk in Southeast Asia has risen alongside digitalisation, with ransomware, phishing and cloud misconfigurations posing persistent challenges. Security teams are under pressure to gain visibility across hybrid environments that span on-premise systems, multiple cloud providers and a distributed workforce. Vendors that can aggregate telemetry and enforce zero-trust principles close to the user are gaining traction.
Netskope has invested heavily in research and development to support this approach, including machine learning models that analyse cloud usage patterns and detect anomalous behaviour. The Malaysia data centre will feed into these capabilities, enabling faster inspection and response times for regional customers.
Beyond compliance and security, performance considerations are becoming a board-level issue. Latency can directly affect user productivity and customer experience, particularly for real-time collaboration tools and data-intensive applications. By shortening network paths, local infrastructure can deliver measurable gains, strengthening the business case for in-country deployments.
The move is expected to bolster Netskope’s channel ecosystem in Southeast Asia, where managed security service providers and systems integrators play a central role in enterprise adoption. Local infrastructure allows partners to offer services tailored to national requirements while leveraging a globally recognised platform.
TECOM Group has launched Phase 4 of its Innovation Hub at Dubai Internet City, marking a significant expansion aimed at meeting growing demand for Grade-A office space from multinational companies operating across technology, digital media, telecommunications and other future-focused sectors. Valued at Dhs615 million, the new phase will add 263,000 square feet of gross leasable area, reinforcing Dubai Internet City’s role as a regional centre for global […]
Saudi Arabia is preparing to lift crude oil shipments at the start of 2026, a move that underscores mounting concerns about excess supply as global demand growth remains uneven. Allocations to buyers across Asia, Europe and North America are set to rise, according to trade and shipping data reviewed by market participants, pointing to a more assertive sales posture by the world’s largest exporter after months of […]
Abu Dhabi-based developer Modon Holding has awarded a Dh5 billion main construction contract for two large residential communities on Hudayriyat Island, underlining the pace of high-end housing development in the capital’s waterfront corridor. The award covers Nawayef East and Nawayef West and involves the delivery of 735 luxury villas, the company disclosed in a filing to the market. The projects sit within the Nawayef master plan on […]
Washington moved to reset the direction of its civil and military space ambitions after President Donald Trump signed a sweeping executive order in December 2025 committing the United States to a crewed moon landing by 2028 and the establishment of a sustained lunar outpost by 2030. The order places the Artemis programme at the centre of national strategy, couples it with an expanded role for nuclear power […]
Hong Kong and Macau Organisations Honoured for Outstanding Achievements ESG-led Business for a Sustainable Future
HONG KONG SAR – Media OutReach Newswire – 19 December 2025 – With global acceleration towards sustainable development and rising expectations from investors and stakeholders for responsible business practices, Hong Kong and Macau enterprises in recent years have been actively integrating Environmental, Social and Governance (ESG) vision into their business strategies to drive green transformation and high-quality growth. Organised by Television Broadcasts Limited (TVB) and co-organised by the Hong Kong Productivity Council, the TVB ESG Awards 2025 (the Awards) aim to recognise and commend enterprises and organisations that have demonstrated outstanding performance in ESG and sustainable development. Now in its fourth edition, this annual flagship event recognise outstanding organisations and their achievements in ESG practices over the past year.
The ceremony was officiated by Mr. Michael WONG, GBS, JP, Deputy Financial Secretary (2nd left); Dr. LAM Ching-choi, GBS, JP, Non-official Member of the Executive Council & Chairman of the Council for Carbon Neutrality & Sustainable Development (1st right); Mr. SIU Sai Wo, General Manager (Business Operations), Television Broadcasts Limited (2nd right); and Dr. Lawrence CHEUNG Chi-chong, Chief Technology Officer, Hong Kong Productivity Council (1st left).
The ceremony was officiated by Mr. Michael WONG, GBS, JP, Deputy Financial Secretary; Dr. LAM Ching-choi, GBS, JP, Non-official Member of the Executive Council & Chairman of the Council for Carbon Neutrality & Sustainable Development; Mr. SIU Sai Wo, General Manager (Business Operations), Television Broadcasts Limited; and Dr. Lawrence CHEUNG Chi-chong, Chief Technology Officer, Hong Kong Productivity Council. Following the Green Summit held in July this year, the presentation ceremony also featured sharing sessions, inviting industry leaders and experts to exchange the latest trends and practical experience. In addition, the enhanced matching sessions enabled enterprises to connect with numerous attendees through exhibition booths to promote cross-sector collaboration and knowledge sharing.
Diverse Award Categories Recognise ESG Efforts of Hong Kong and Macau Industries
This year’s Awards include the “Outstanding ESG Award”, “Best in ESG Practices”, “Best in ESG Report”, “ESG Environmental Innovative Technology Award” and “ESG Social Innovative Technology Award”. Entries were open to five groups, namely large, medium, small market capitalisation/ GEM listed companies, as well as non-listed companies and non-profit organisations, to recognise the achievements of enterprises of different scales in ESG practices, reporting and innovation. To identify outstanding performers, a cross-sector professional judging panel appointed by TVB were responsible for assessing entries, using clear and diversified selection criteria that mainly cover five areas: environment, social, corporate governance, sustainability strategy, corporate information disclosure and communication.
Additionally, a new “Greater Bay Area ESG Excellence Enterprise Award (Macau SAR)” has been introduced this year to recognise Macau enterprises and organisations with outstanding ESG performance that actively promote sustainable development in the Macau community. Furthermore, to enhance and recognise the excellent performance of small and medium-sized enterprises (SMEs) in ESG practices and innovation, TVB has collaborated with the “ESG One” platform of the Hong Kong Productivity Council to launch the “SME ESG Excellence Award” this year. The award covers five areas: “Business Decarbonisation”, “Employee Care”, “Supply Chain Partnership”, “Sustainable Governance” and “ESG Technology Enhancement”, helping SMEs to progressively enhance their ESG performance. Organisations that did not receive the above ESG category awards but have actively performed and implemented ESG initiatives in various aspects will be eligible for nomination of “ESG Special Recognition Award – with Merit” or “ESG Special Recognition Award” in acknowledgement of their contributions.
Mr. Michael WONG, GBS, JP, Deputy Financial Secretary, said in his keynote speech, “Hong Kong possesses significant advantages in green economy transformation. As the city’s two major innovation and technology flagships, Hong Kong Science Park and Cyberport have now brought together over 270 green technology companies, representing growth of more than 80% compared to 2023, reflecting remarkably rapid development in recent years. Hong Kong can provide diversified investment and financing channels, enabling international capital to match with quality green projects. As of the end of September this year, there are over 200 SFC-authorised ESG funds with assets under management exceeding HKD1.1 trillion, demonstrating that investors are increasingly prioritising investment in sustainable development. The Government looks forward to continued collaboration with all of you to jointly build our sustainable future and make outstanding contributions to Hong Kong’s green economic development.”
Mr. SIU Sai Wo, General Manager (Business Operations), Television Broadcasts Limited, said, “The TVB ESG Awards 2025 received over 250 corporate entries this year, reflecting the growing importance of ESG for enterprises. We are grateful to all award-winning organisations and partners for their continued support of this flagship award. This year’s awardees excelled in ESG performance and set forward-looking models for the industry. TVB is actively supporting enterprises to devote resources to ESG development, incorporate sustainability into business decision-making and operations, and strengthen their sense of social responsibility. The Awards also provide a professional exchange platform for enterprises of different industries and scales to share their ESG strategies and tangible outcomes with a wider range of stakeholders.”
To help the public gain a more comprehensive understanding of the vision, mission and innovative strategies of various enterprises, the presentation ceremony featured sharing sessions. The judge Dr. Lawrence CHEUNG Chi-chong, Chief Technology Officer, Hong Kong Productivity Council, together with representatives from enterprises receiving the Outstanding ESG Award, exchanged practical insights. As the highest honour of this year’s Awards, the Outstanding ESG Award is conferred upon top-tier organisations in each category that have achieved the best performance in both “ESG Practices” and “ESG Report”. The award-winning enterprises shared their insights in the session titled “Partnering Across Sectors to Co-create a Low-carbon Future”:
Ms. Jessica CHAN, Head of Sustainability of MTR Corporation, shared how MTR leverages its diversified business portfolio to drive carbon reduction and social inclusion in daily operations, thus encouraging business partners to enhance their ESG performance.
Ms. Angel SZE, Company Secretary and Head of ESG Management Committee, Fosun International Limited, who shared how Fosun is driving innovation and global development to create value, while highlighting effective ESG practices for cross‑industry and cross‑regional enterprises.
Ms. Connie LAU, Assistant General Manager, Legal Department, China State Construction Development Holdings Limited, who used examples of innovative applications to demonstrate the company’s breakthroughs and decarbonisation goals.
Mr. Jonathan CHIU, President, Schneider Electric Hong Kong, who highlighted the company’s commitment as a global energy technology leader to driving efficiency and sustainability by electrifying, automating and digitalising industries, businesses and homes, contributing to Hong Kong’s low-carbon transition.
Mr. Peter LEE, Chief Sustainability Officer, Airport Authority Hong Kong, elaborated on how the authority collaborates with business partners and extends the sustainability concept to the society and education sector.
Mr. Oswald AU, Managing Director, Riskory Consultancy Limited, shared how SMEs can drive ESG through innovative solutions and practical actions, while leveraging mega event economy development to create greater impact.
The judge Dr. Lawrence CHEUNG Chi-chong, Chief Technology Officer, Hong Kong Productivity Council (1st left), together with representatives from enterprises receiving the Outstanding ESG Award, Ms. Jessica CHAN, Head of Sustainability of MTR Corporation (2nd left); Ms. Angel SZE, Company Secretary and Head of ESG Management Committee, Fosun International Limited (3rd left); Ms. Connie LAU, Assistant General Manager, Legal Department, China State Construction Development Holdings Limited (4th left); Mr. Jonathan CHIU, President, Schneider Electric Hong Kong (3rd right) ; Mr. Peter LEE, Chief Sustainability Officer, Airport Authority Hong Kong (2nd right); Mr. Oswald AU, Managing Director, Riskory Consultancy Limited (1st right), exchanged practical insights in the session titled “Partnering Across Sectors to Co-create a Low-carbon Future”.
Building on these insights, another sharing session titled “Building a Green and Sustainable Pathway: Advancing Liveable, Inclusive Smart Cities” invited Mr. Andy WONG, Senior Manager, Advocacy, Our Hong Kong Foundation, as moderator. He was joined by Ir. Franco CHEUNG, Director (Projects), Hong Kong Housing Society, Mr. Samuel KWONG, Senior Associate Director – ESG, Chinachem Group and Mr. Jeffery LOK, Managing Director, Kwan On Chemical Enterprise Co. Ltd., for in-depth discussions on topics such as decarbonisation planning, the application of green building technologies including Modular Integrated Construction (MiC), kitchen and grease trap waste oil recycling, exploring the roadmap for Hong Kong and Macau’s sustainable urban development and environmental benefits.
The sharing session titled “Building a Green and Sustainable Pathway: Advancing Liveable, Inclusive Smart Cities” invited Mr. Andy WONG, Senior Manager, Advocacy, Our Hong Kong Foundation (1st left), as moderator. He was joined by Ir. Franco CHEUNG, Director (Projects), Hong Kong Housing Society (2nd left); Mr. Samuel KWONG, Senior Associate Director – ESG, Chinachem Group (2nd right); Mr. Jeffery LOK, Managing Director, Kwan On Chemical Enterprise Co. Ltd. (1st right) for in-depth discussions.
This year’s ceremony attracted enthusiastic participation from numerous enterprises and organisations, including listed companies, non-listed companies and non-profit organisations, signalling the local market’s increasing commitment to ESG. Enhanced matching sessions with exhibition booths were arranged before and after the ceremony, allowing participants to engage in in-depth exchanges on green technology solutions, sustainable development and eco-friendly materials, and to explore collaboration opportunities.
The issuer is solely responsible for the content of this announcement.
About TVB ESG
Since 2022, TVB ESG has been committed to building a professional exchange platform for local sustainable development, promoting a deeper understanding, implementation, and strategic development of Environmental, Social and Governance (ESG) issues among businesses and different sectors of society. TVB ESG works closely with various organisations to foster cross-sector collaboration, help enterprises expand their professional networks and strengthen industry connections, while enhancing their visibility in the market and industry through diverse channels, thereby amplifying their impact in the ESG field.
To enhance industry exchange and promote a culture of sustainability, TVB ESG organises three core events every year, the Green Forum, the Green Summit and the “TVB ESG Awards”. These events aim to focus on key environmental issues and emerging trends, bringing together industry leaders and experts to provide forward-looking insights for enterprises, promote knowledge sharing, and facilitate the exchange of best practices. Through the “TVB ESG Awards”, TVB ESG also recognises enterprises and organisations with outstanding achievements in sustainable development, encouraging the industry to continuously implement and elevate ESG standards.
Sony has agreed to acquire an 80 per cent stake in Peanuts Holdings for $457 million, securing control of one of the world’s most recognisable entertainment brands and deepening its push into character-driven film, television, music and consumer products. The transaction sees Sony buy out the stake held by Canada-based WildBrain, while the family of Peanuts creator Charles M Schulz retains the remaining 20 per cent.
The deal hands Sony majority ownership of the Peanuts intellectual property, which includes Charlie Brown, Snoopy and the wider cast that has defined the franchise since its debut in newspapers in 1950. Peanuts Holdings oversees global licensing, publishing and brand management, and its assets include more than 17,000 comic strips as well as extensive animation and merchandising rights.
Executives involved in the transaction said the agreement reflects a shared focus on preserving the spirit of the characters while positioning the brand for new audiences across platforms. Sony has built a broad entertainment ecosystem spanning film studios, music labels, games and consumer electronics, giving it multiple avenues to deploy the Peanuts characters without fragmenting creative control.
Sony deepens its grip on Peanuts
Sony’s leadership described the acquisition as a strategic step rather than a short-term content play. The company already distributes Peanuts animation through Sony Pictures Television and has worked closely with the Schulz family for years on brand stewardship. By consolidating ownership, Sony gains the ability to align long-term creative planning with distribution and merchandising strategies.
The Peanuts franchise continues to generate significant revenue through licensing deals covering toys, apparel, publishing and themed experiences. Industry analysts estimate that global character merchandising remains one of the most resilient segments of the entertainment economy, supported by multigenerational appeal and predictable demand. Peanuts, with its minimalist humour and emotional resonance, is often cited as one of the few properties that can cross age groups and cultures with limited localisation.
WildBrain’s exit reflects a strategic refocus on its own core animation and family content operations. The company had acquired its Peanuts stake through earlier transactions linked to rights management and production, and has since monetised the asset while maintaining creative partnerships. Executives at WildBrain said the sale strengthens its balance sheet and allows greater investment in owned brands and production pipelines.
For the Schulz family, retaining a 20 per cent stake preserves direct influence over creative decisions and brand values. Family representatives have repeatedly stressed the importance of protecting the philosophical tone of the strip, which blends humour with themes of loneliness, perseverance and childhood reflection. Their continued involvement is expected to reassure long-time fans wary of over-commercialisation.
Sony’s broader strategy has increasingly emphasised intellectual property with long shelf lives rather than single-release blockbusters. The company has expanded its catalogue through acquisitions and partnerships that allow stories and characters to move fluidly between cinema, streaming, music, games and live events. Peanuts fits that model, offering episodic storytelling, short-form content and strong visual branding.
The entertainment group also sees opportunities to integrate Peanuts more deeply into its music and gaming divisions. Snoopy and Charlie Brown have already appeared in music collaborations, seasonal broadcasts and digital content, and Sony’s ownership of major music labels and gaming platforms provides scope for cross-promotional projects without reliance on third-party licensing negotiations.
Market observers note that the valuation implies confidence in stable, long-term cash flows rather than explosive growth. Character-driven brands such as Peanuts tend to perform consistently across economic cycles, supported by evergreen demand for family-friendly content and nostalgia-driven consumption. This predictability contrasts with the volatility seen in theatrical box office revenues and subscription-based streaming models.
The acquisition also comes as global media companies reassess how to manage legacy brands in an era dominated by short-form video and algorithm-driven discovery. Sony has indicated it will invest in formats that respect the franchise’s roots while experimenting with new distribution channels, including digital shorts and educational programming.
Expo City Dubai has rolled out a structured graduate development initiative aimed at preparing UAE nationals for long-term careers in real estate, urban development and city management, as the post-Expo district accelerates its transition into a permanent business, residential and innovation hub. The programme, branded Exposure, sits within Expo City Dubai’s Real Estate and Development division and targets fresh Emirati graduates at the start of their professional […]
Nvidia has unveiled Nemotron 3 Open, a new family of large language models designed for agentic artificial intelligence, marking a shift in how the company is addressing enterprise demand for systems that can plan, reason and act across multiple tools and agents rather than respond with single-turn answers. The release underscores Nvidia’s push to balance scale with efficiency as businesses seek AI that can operate reliably within […]
Red Hat has acquired Chatterbox Labs, a specialist in artificial intelligence safety and security tooling, aiming to embed advanced risk-testing and guardrails into its enterprise AI platform to help organisations deploy trustworthy, production-grade AI at scale. The deal, announced this month by the hybrid cloud and open source software provider, expands Red Hat’s AI portfolio, which now includes bespoke safety capabilities designed to address vulnerabilities inherent in […]
Host Arabia has closed its first edition in Riyadh, positioning the Saudi capital as an emerging focal point for the hospitality and foodservice supply chain at a time when the kingdom is accelerating investment in tourism, leisure and urban development. The three-day event brought together hotel operators, restaurant groups, suppliers and policymakers, underlining the scale of demand being created by new resorts, giga-projects and a fast-expanding domestic dining market.
Held at the Riyadh Front Exhibition and Conference Centre, the inaugural edition drew exhibitors and visitors from across the Middle East, Europe and Asia, reflecting Saudi Arabia’s growing pull as a commercial hub for hospitality equipment, food and beverage solutions, technology and design services. Organisers said the turnout exceeded initial expectations, with strong participation from both international brands seeking market entry and local firms aiming to scale alongside national development plans.
The exhibition opened against the backdrop of an ambitious tourism strategy that targets a sharp rise in annual visitors by the end of the decade, supported by large-scale projects such as Diriyah, Qiddiya, NEOM and the Red Sea destination. These developments are reshaping procurement needs for hotels, resorts, serviced apartments and entertainment venues, driving demand for kitchen equipment, sustainable packaging, digital ordering systems and energy-efficient infrastructure. Host Arabia sought to position itself as a platform where these needs could be matched with suppliers and service providers in a single marketplace.
Industry executives attending the event highlighted Riyadh’s transformation into a year-round destination for conferences, sports and entertainment as a key factor behind the exhibition’s timing. International hotel groups are expanding their presence in the capital, while domestic restaurant concepts are scaling rapidly, supported by a young population and rising disposable incomes. This combination has intensified competition and raised standards, placing greater emphasis on quality, efficiency and sustainability across the hospitality value chain.
The programme featured live culinary demonstrations, equipment showcases and panel discussions focused on workforce development, localisation of supply chains and the adoption of smart technologies. Speakers addressed challenges such as staff training, cost pressures and the integration of sustainability targets into daily operations, themes that resonate strongly with operators navigating rapid expansion. Discussions also touched on regulatory alignment and the role of public-private partnerships in supporting sector growth.
Exhibitors ranged from global manufacturers of commercial kitchen equipment and refrigeration systems to regional producers of food ingredients, tableware and interior solutions. Technology providers showcased point-of-sale platforms, inventory management tools and data analytics designed to help operators manage margins and customer experience more effectively. Several participants noted growing interest in solutions that reduce water and energy consumption, reflecting both regulatory expectations and cost considerations in a desert climate.
Government and industry representatives used the gathering to underline the hospitality sector’s contribution to economic diversification and job creation. Training institutions and recruitment firms reported strong engagement from operators seeking to build local talent pipelines, an area seen as critical to sustaining long-term growth. The emphasis on skills development aligned with broader national objectives to increase private-sector employment and reduce reliance on imported labour over time.
Organisers described the Riyadh edition as a strategic step in establishing Host Arabia as an annual fixture, with plans to expand floor space and content in future editions. Feedback from exhibitors pointed to strong deal-making potential, with several reporting on-site negotiations and follow-up meetings scheduled with hotel developers and restaurant groups. The presence of decision-makers from major projects was cited as a key differentiator compared with more mature regional trade shows.
ADQ and the Gates Foundation have announced a partnership aimed at scaling the responsible use of artificial intelligence and education technology to improve learning outcomes for children across sub-Saharan Africa, marking one of the most ambitious cross-sector efforts to apply advanced technology to foundational education systems in the region.
The agreement was unveiled on the sidelines of Abu Dhabi Finance Week during a visit to the UAE by Bill Gates, chair of the Gates Foundation, underscoring the growing role of Abu Dhabi-based sovereign investors in global development initiatives that extend beyond traditional infrastructure and capital deployment.
At its core, the partnership seeks to blend ADQ’s experience as a sovereign investor focused on critical infrastructure and global supply chains with the Gates Foundation’s long-standing work in education, health, and technology-driven development. The collaboration is designed to accelerate the deployment of AI-enabled tools that support teachers, personalise learning, and strengthen education systems while addressing concerns around data privacy, equity, and long-term sustainability.
ADQ–Gates alliance targets AI-powered learning systems as governments and development agencies look for scalable solutions to persistent gaps in literacy, numeracy, and teacher capacity across sub-Saharan Africa. Despite progress in school enrolment over the past two decades, learning outcomes across much of the region continue to lag global averages, with large disparities between urban and rural areas.
Officials familiar with the partnership say the focus will extend beyond hardware or software procurement. Programmes are expected to prioritise teacher support platforms, curriculum-aligned digital content, and AI-driven assessment tools that can function in low-bandwidth environments. Emphasis is also being placed on building local capacity so that education ministries and institutions can manage and adapt systems without long-term dependence on external providers.
The Gates Foundation has invested heavily in education technology across Africa, backing initiatives that use data analytics and adaptive learning models to improve classroom instruction. Its approach has increasingly shifted towards ensuring that digital tools complement teachers rather than replace them, a principle that is expected to guide the collaboration with ADQ.
For ADQ, the partnership aligns with a broader strategy of deploying capital and expertise into sectors that underpin economic resilience and human development. While the Abu Dhabi-based group is widely known for investments in ports, logistics, food security, and energy, it has expanded its scope to include technology-driven solutions with global impact, particularly in emerging markets.
Bill Gates, speaking during his visit to Abu Dhabi, highlighted the transformative potential of AI when applied responsibly to education systems under strain. He noted that advances in machine learning and language models can help teachers tailor lessons to individual students and identify learning gaps early, provided the technology is designed with clear safeguards and local realities in mind.
Education specialists caution that AI adoption in low-income settings carries risks if implemented without adequate oversight. Challenges include uneven access to electricity and connectivity, limited digital literacy among educators, and the potential for algorithmic bias when systems are trained on data that does not reflect local contexts. The partners say governance frameworks and pilot-based rollouts will be central to mitigating these risks.
The collaboration comes at a time when African governments are under pressure to modernise education systems while managing tight budgets and rapidly growing school-age populations. Multilateral lenders and philanthropic organisations have increasingly encouraged public–private partnerships to bridge funding and expertise gaps, particularly in technology deployment.
Abu Dhabi Finance Week has become a platform for such announcements, reflecting the emirate’s ambition to position itself as a hub for global capital addressing development challenges. ADQ’s involvement signals a model in which sovereign investors participate not only as financiers but as strategic partners shaping long-term outcomes.
People briefed on the initiative say initial programmes will focus on a select group of countries, working closely with education ministries to align AI tools with national curricula and policy objectives. Over time, successful models could be adapted across the region, with lessons shared among participating governments.
The Gates Foundation has previously stressed that technology alone cannot fix systemic issues in education, such as overcrowded classrooms or shortages of trained teachers. As a result, the partnership is expected to integrate AI solutions with broader reforms, including teacher training and data-informed policymaking.
Matein Khalid I was sure the Medline IPO would be a winner since I have tracked this business since it was acquired in a $30 billion leveraged buyout by Blackstone, Carlyle and the San Fran private equity house Hellman & Friedman after the bankers priced the deal at 29, I even wrote a post several hours before the New York open, reiterating that the largest private equity […]
Abu Dhabi Future Energy Company, known as Masdar, has withdrawn from a consortium seeking to take ReNew Energy Global private, bringing the proposed buyout of the Nasdaq-listed renewable power producer to an abrupt end and sending a fresh signal about the challenges facing large-scale clean energy transactions. ReNew disclosed the development in a filing to the US Securities and Exchange Commission, confirming that the investor group will […]
Greenlogue/AP AMEA Power has commissioned a 120 megawatts-peak solar photovoltaic plant in Tunisia’s Kairouan Governorate, adding one of the country’s largest utility-scale renewable assets to the national grid and strengthening North Africa’s push to diversify power generation. The project operates under a 20-year power purchase agreement with Société Tunisienne de l’Electricité et du Gaz, providing long-term offtake certainty for the state utility and stable revenues for the […]
Mubadala Investment Company and Bain Capital have completed the acquisition of Service Logic, a major provider of commercial heating, ventilation and air-conditioning services, marking a significant private equity investment into North America’s building services sector. The transaction, announced on Wednesday, transfers ownership from Leonard Green & Partners and positions the company for an accelerated expansion phase under joint sponsorship by the Abu Dhabi-based sovereign investor and the […]
Mall of the Emirates has embarked on a $1.36bn expansion programme that will add 20,000 square metres of retail space, introduce about 100 new stores, and significantly broaden its dining and entertainment offering, reinforcing Dubai’s position as a global retail and lifestyle hub. The project, announced by owner and operator Majid Al Futtaim, represents one of the most substantial investments in the mall since it opened in […]