Arabian Post Staff -Dubai Abu Dhabi’s push to build a crude export route outside the Strait of Hormuz has moved to the centre of Gulf energy security after ADNOC said its new West-East Pipeline is about halfway complete and on course to expand shipments through Fujairah by 2027. The project, being fast-tracked under the direction of Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of […]
Arabian Post Staff -Dubai ARP Digital has joined the Fireblocks Network for Payments as its designated GCC corridor settlement partner, giving fintechs, payment service providers and financial institutions a regulated route into Gulf payment corridors through a single integration. The arrangement positions the Bahrain-licensed digital capital infrastructure platform as a settlement counterparty for Fireblocks’ global network, with live rails covering the UAE dirham, Bahraini dinar and other […]
Singapore’s central bank has revoked Bsquared Technology’s major payment institution licence after finding serious regulatory breaches, barring the local crypto liquidity provider from offering digital payment token services in the city-state. The Monetary Authority of Singapore said the revocation took effect on 14 May 2026, marking a firm enforcement step in one of Asia’s most closely watched digital-asset markets. Bsquared Technology Pte Ltd, also referred to as […]
By combining Phancy’s comprehensive full-stack AI capabilities with Huanxi Media’s extensive film and television data, intellectual property (IP) assets, and production expertise, the two companies aim to drive the entertainment industry’s shift from digitalization to true intelligence.
Under the framework agreement, the parties plan to set up a joint venture as the collaboration platform. They will pursue in-depth cooperation across several key areas, including data collaboration, development of large models and Agents for film and television, exploration of AI applications in new entertainment scenarios, AI-powered joint production and content creation, IP derivative development, and broader resources collaboration.
In addition, the two parties have signed a framework agreement for large model API services. Huanxi Media intends to adopt Phancy’s advanced large model and API services, with a targeted cumulative service value of no less than US$200 million through Token consumption over the next three years. The substantial long-term commitment highlights strong market confidence in the reliability and commercial strength of Phancy’s AI Platform, and is expected to provide the Company with stable, recurring revenue streams.
Dr. Dai Wenyuan, Founder and CEO of Phancy, said: “The entertainment sector is one of the most valuable and promising application scenarios for AI. This in-depth strategic partnership with Huanxi Media represents a strong alliance between our two companies and our shared vision to build a new industry ecosystem. As a leader in full-stack AI infrastructure and technical services, we at Phancy will fully leverage our core strengths in large model development, Agentic AI, heterogeneous computing power scheduling, and our Token ecosystem to empower the entire value chain of the entertainment industry. Moving forward, we will work closely with Huanxi Media, combining our respective technological advantages and industry resources to unlock new growth potential in the AI-powered entertainment sector.”
Strategic Significance of the Partnership
Phancy’s full-stack AI capabilities have taken a major step forward, moving from general platform services into deep vertical integration within the entertainment ecosystem. By embedding its self-developed AI technologies into Huanxi Media’s rich data, production environments, and IP assets, Phancy can integrate cutting-edge tools directly into content creation and daily operations, turning advanced technology into real business impact.
The film and television industry is going through a fundamental transformation. From assisted creation to intelligent production, and from virtual actors to interactive film and gaming experiences, AI is reshaping the entire content production process. The two parties will collaborate on frontier areas such as co-productions, digital human actor development, AI-generated realistic dramas, and interactive film-game projects. This partnership will move AI beyond a supporting tool and make it a core driver of content creation. Leveraging Phancy’s strengths in domestic computing power adaptation and integrated hardware-software solutions, the collaboration will significantly reduce the barriers and costs of using AI in the entertainment industry and speed up its adoption in actual productions.
This strategic alliance is an important move for Phancy as it expands its presence in real-world AI applications and deepens its industry impact. It is also expected to set a new benchmark for intelligent transformation in the entertainment sector. The two companies will continue to explore innovative ways to integrate AI with entertainment, create high-quality intelligent content, and help drive the industry into a new stage of high-quality intelligent development.
Hashtag: #PhancyGroup
The issuer is solely responsible for the content of this announcement.
Phancy Group (6682.HK) is a leading full-stack AI cloud services platform, providing comprehensive solutions for the AI 2.0 era. Our offerings include SageAIOS, HAMi vGPU and ModelHub XC, delivering efficient and scalable AI infrastructure with end-to-end capabilities. We provide a complete solution from heterogeneous compute resource management and optimization to the deployment of intelligent agent models. These solutions empower digital transformation across a wide range of industries, supporting our vision of building a large-scale and efficient “Token Factory.”
Guided by the mission of “AI for Everyone” and positioned as the “Navigator of AI,” Phancy Group is committed to becoming a global leader in Artificial General Intelligence.
Washington moved closer to another military escalation with Tehran after President Donald Trump warned that the United States could resume strikes within days if Iran fails to accept terms for ending the war. Trump said he had called off a planned attack shortly before a final decision, presenting the delay as a narrow opening for diplomacy rather than a retreat from military pressure. “I hope we don’t […]
Arabian Post Staff -Dubai Senior ministers, diplomats and business leaders from the UAE and India used a Dubai forum on Monday evening to sharpen a shared push for bilateral trade to reach $200 billion by 2032, building on the momentum generated by the Comprehensive Economic Partnership Agreement. The high-level gathering, hosted by the UAE India Business Council’s UAE chapter under the theme “Strength in Resilience”, brought together […]
Dubai has unveiled the Museum of Digital Art at DIFC Zabeel District, positioning the planned five-floor institution as the region’s first museum dedicated to digital art and new technologies. Launched by Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority, the project brings together Dubai Culture and Dubai International Financial Centre in a cultural partnership designed to expand the city’s role […]
The high-end roundtable establishes a premium communication channel bridging Chinese manufacturing and U.S. hard technology. While U.S. representatives cover artificial intelligence, advanced semiconductors and new energy vehicles, Hisense represents China’s sophisticated technology manufacturing with a multi-dimensional technological layout. Shattering the long-standing stereotype of a conventional home appliance maker, the company has built inimitable technological barriers in high-end display and smart home sectors, maintaining sustained technological iteration and undisputed global technological advantages in 2026.
Empowered by its end-to-end industrial chain capability, Hisense occupies an apex position in the global display industry. The company’s self-developed RGB-Mini LED technology achieves comprehensive leadership in R&D, mass production and technological iteration. Equipped with the pioneering Linglong 4-Core True Colour Backlight system and independently developed Hi-View AI image processing chip, Hisense’s 2026 latest UX series features 110% BT.2020 ultra-wide colour gamut, 10,000 nits peak brightness and 134-bit high-precision colour control, reproducing over 120 million distinct colours. With these innovations, Hisense now has a one-year technological head start over its competitors, enabling the enterprise to set industrial benchmarks and secure rule-making authority within the global display ecosystem.
Hisense remains an undisputed global pioneer in laser display technology, holding full independent intellectual property rights covering laser light sources, optical modules and terminal devices. Continuous investment in underlying optical research enables superior imaging performance with ultra-high contrast, eye-friendly visual comfort and wide colour gamut. The persistent technological edge reinforces Hisense’s dominant market share in the global laser TV industry, consolidating its status as an indispensable Chinese technological powerhouse in the high-end display landscape.
Beyond display technologies, Hisense expands its technological frontier in premium smart home appliances. The self-developed heat pump washing machine adopts an innovative four-in-one integrated heat pump structure, delivering low-temperature fabric-friendly washing and drying while significantly cutting energy consumption. As an original global energy-saving home appliance solution, it embodies Hisense’s green manufacturing philosophy and diversified R&D strength beyond display technology.
During the banquet, Jia Shaoqian engaged in in-depth dialogues with international tech elites regarding technological innovation, transnational industrial collaboration and eco-friendly intelligent manufacturing. The high-level face-to-face communication enhances mutual trust and cooperation potential between Chinese and U.S. technology enterprises. Adhering to a globalised development strategy, Hisense maintains steady overseas revenue and robust independent brand influence, with its technology-oriented products widely recognised across mainstream international markets.
The prestigious seating arrangement serves as compelling proof of global recognition for China’s high-end manufacturing industry. As a leading Chinese tech enterprise, Hisense has obtained equal diplomatic-level dialogue status within the world’s top technological circle. Moving forward, Hisense will consistently invest in independent R&D, continuously iterate RGB-Mini LED, laser display and heat pump appliance technologies, and actively explore global industrial cooperation. Committed to technological empowerment, Hisense will further strengthen the global influence and industrial voice of Chinese high-end manufacturing.
Visit hisense.sg to learn more about Hisense’s innovative products available now in Singapore.
Disclaimer: This article is an objective industrial observation without exaggerated promotional statements. All technical parameters are sourced from Hisense’s official 2026 product releases.
Hashtag: #Hisense
The issuer is solely responsible for the content of this announcement.
Founded in 1969, Hisense is a global technology group operating in 160+ countries, with a strong portfolio across TVs, home appliances, air-conditioning and commercial solutions. Recognised as one of the Top 2 TV brands worldwide, Hisense continues to strengthen its global presence through innovation, quality manufacturing and major international partnerships, including its role as an Official Sponsor of the FIFA World Cup 2026™
Afreximbank’s partnership with Plot Enterprise Ghana is placing cocoa processing, rural employment and African creative exports at the centre of a wider push to keep more value from the continent’s resources within local economies. The collaboration, highlighted through the bank’s impact programming, links Ghana’s cocoa belt to global markets at a time when volatile cocoa prices, climate shocks and financing strains are reshaping one of West Africa’s […]
President Donald Trump has put a planned attack on Iran on hold after Gulf leaders urged Washington to allow negotiations more time, while warning that the US military remains ready for a “full, large scale assault” if no acceptable deal is reached. The decision marks a critical pause in a confrontation that has drawn the US, Iran, Israel and Gulf states into one of the most volatile […]
Dubai will mark Eid Al Adha with a 10-day programme of leisure, hotel, dining and family experiences from 22 to 31 May, positioning the holiday as a major citywide driver for tourism, hospitality and retail activity. The programme forms part of the Season of Wulfa, a Dubai calendar built around community, family bonds and shared cultural occasions. It also aligns with the UAE’s Year of the Family, […]
The decision marks a sharp turn in a case that had weighed on the Adani Group’s global ambitions since November 2024, when prosecutors in Brooklyn accused Adani, his nephew Sagar Adani and other executives of concealing alleged payments to officials in India to secure power supply contracts. The case had centred on claims that investors in US-linked bond offerings were misled about anti-bribery controls at Adani Green Energy.
Prosecutors have asked a federal judge in New York to dismiss the criminal charges, citing enforcement discretion and resource allocation. The dismissal still requires judicial approval, but the move effectively signals that the Justice Department no longer intends to pursue the securities fraud, wire fraud and conspiracy counts against Adani and the other defendants covered by the request.
Adani Group has consistently denied wrongdoing, describing the allegations as baseless. The conglomerate said the development vindicated its position that it had acted in compliance with applicable laws and governance standards. The group’s listed companies gained in Mumbai trading as investors assessed the legal relief and its implications for overseas borrowing, infrastructure partnerships and expansion plans.
The original indictment alleged that more than $250 million in bribes had been promised to officials in India to obtain solar energy contracts projected to generate substantial profits over two decades. Prosecutors had also alleged that Adani Green Energy raised capital from international investors while withholding information about the alleged scheme. Defence lawyers challenged the case on both evidentiary and jurisdictional grounds, arguing that the alleged conduct had insufficient connection to US markets and that key elements of the government’s theory were unsupported.
The Justice Department’s move follows a separate civil settlement with the US Securities and Exchange Commission involving Gautam Adani and Sagar Adani. The settlement was reached without admission or denial of wrongdoing and included monetary penalties and undertakings. A separate sanctions-related matter involving Adani Enterprises was also resolved through a civil settlement with the US Treasury Department over alleged purchases of fuel linked to Iran-origin supply chains.
The legal shift comes as Adani Group seeks to restore full access to global capital markets after a turbulent period that included short-seller allegations in 2023, regulatory scrutiny and questions from lenders and partners. The group has maintained that its balance sheet remains resilient, pointing to continued operations across ports, airports, electricity transmission, renewable energy, cement, logistics and data centres.
The criminal case had created reputational and commercial strain beyond the courtroom. Some international partners reviewed contracts, and projects outside India faced heightened scrutiny after the indictment. Kenya cancelled major deals linked to Adani entities, while other governments and financiers reassessed exposure to the group. The dropping of criminal charges could ease some of that pressure, although investors are likely to continue watching governance disclosures, leverage levels and regulatory filings.
Adani’s legal relief also intersects with broader US enforcement policy under President Donald Trump’s administration, which has shown a more selective approach toward certain foreign corruption and corporate cases inherited from the previous administration. The decision has prompted debate among legal specialists over whether the move reflects a reassessment of weak evidence, a shift in enforcement priorities, or the diplomatic and commercial weight of large cross-border investment plans.
For Adani, the immediate benefit is clear. The collapse of the criminal case removes the most serious legal threat facing the billionaire outside India and reduces the risk of travel restrictions, arrest proceedings or prolonged litigation in a US federal court. It may also strengthen the group’s ability to refinance debt and pursue infrastructure partnerships involving American investors and technology providers.
Arabian Post Staff -Dubai ADNOC Distribution and Americana Restaurants International PLC have agreed to open up to 200 quick-service restaurants across fuel and mobility sites in the UAE, Saudi Arabia and Egypt, deepening a push to turn service stations into broader dining, retail and convenience destinations. The strategic partnership announced on Tuesday will bring brands from Americana Restaurants’ portfolio into ADNOC Distribution locations, including standard service stations […]
Washington regulators are preparing a major shift in digital-asset oversight that could allow tokenised versions of stocks to trade on crypto platforms, opening a new front in the contest between blockchain firms and traditional exchanges. The U. S. Securities and Exchange Commission is expected to unveil an “innovation exemption” during the week of 18 May, giving selected market participants limited relief from existing securities rules while they […]
A fast-moving supply-chain attack has hit a broad set of npm packages linked to the @antv ecosystem, exposing developers and organisations to credential theft through malicious package versions tied to the maintainer account “atool”. The campaign, identified on May 19, 2026, appears to form part of the Mini Shai-Hulud malware wave, a self-spreading operation that has already affected other developer ecosystems through compromised open-source packages. The latest […]
1https://www.idc.com/resource-center/blog/global-home-cleaning-robot-market-2025/
Hashtag: #ECOVACS
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A chance photograph taken on a remote Queensland property has returned Ptilotus senarius to scientific view after 58 years without a confirmed record, turning a plant long treated as presumed extinct into a live test case for smartphone-powered biodiversity discovery. The small, slender shrub, a member of the Amaranthaceae family, had not been collected since 1967 and was known only from preserved herbarium specimens before horticulturalist and […]
Cardano’s payments push is moving into Japan through a partnership linking EMURGO, SecondFi and Slash Vision Labs, in a move designed to bring stablecoin spending into one of Asia’s most sophisticated cashless markets. EMURGO, a co-founding entity of the Cardano blockchain, has tied its consumer finance strategy to Slash Vision Labs’ payments infrastructure to make the Cardano Card available to users in Japan through the SecondFi app. […]
HANOI, VIETNAM – Media OutReach Newswire – 18 May 2026 – After six seasons, the VinFuture Prize has not only expanded its influence in the international scientific community, but has also affirmed its position as a prestigious global prize dedicated to identifying and honoring breakthroughs with profound significance for the future of humanity.
A Global Network Bringing Together More Than 17,000 Outstanding Minds
This year’s VinFuture nominations span a wide range of critical fields, including medicine and healthcare (38.4%), environmental and earth sciences (17%), energy, transportation, and construction (15%), food and agriculture (10.6%), as well as other scientific and technological disciplines (19%).
At the same time, the official nominator network of the VinFuture Prize has continued to expand substantially, reaching 17,154 nominators from 117 countries and territories across all five continents. This represents an increase of approximately 16% compared with the 2025 season and a more than fourteenfold expansion compared with the inaugural season in 2021. Moreover, the number of countries and territories represented within the nominator network has nearly doubled over the past six years.
Notably, 1,415 nominators for the 2026 VinFuture Prize are ranked among the world’s top 2% most-cited researchers. Nearly 8,000 experts are affiliated with leading universities, research institutes, and scientific organizations worldwide, including Australian Academy of Science, Massachusetts Institute of Technology (United States), Stanford University (United States), Harvard University (United States), University of California, Berkeley (United States), University of Oxford (United Kingdom), National University of Singapore (Singapore), Nanyang Technological University (Singapore), and Weizmann Institute of Science (Israel), among others.
Participating on a voluntary basis, these nominators play a vital role in identifying and recommending outstanding scientific innovations capable of generating meaningful and lasting improvements to the lives of billions of people worldwide. They also contribute significantly to extending the global reach of the VinFuture Prize within the international scientific community and promoting cross-border academic connections. Several distinguished nominators have traveled to Vietnam during the 2024 and 2025 VinFuture Sci-Tech Weeks to connect and exchange knowledge directly with the Vietnamese scientific community.
“The continued growth in both the number of nominations and our network of more than 17,000 nominators reflects the increasing confidence that leading scientists and prestigious institutions around the world place in VinFuture Prize and its mission to identify and honor scientific and technological innovations with meaningful impact on humanity. This momentum also reinforces our commitment to upholding rigorous and transparent evaluation standards, while advancing a long-term vision of connecting global intellect in pursuit of a better future for all,” said Dr. Thai-Ha Le, Managing Director of the VinFuture Foundation.
Following the conclusion of the nomination period, the Pre-Screening Committee will begin the process of evaluating and selecting the most outstanding scientific works for consideration by the VinFuture Prize Council in the final judging round, which is expected to continue through early September 2026. All nominations will undergo a rigorous multi-layer evaluation process based on stringent international standards to ensure the highest levels of scientific integrity, fairness, and transparency.
The core evaluation criteria include the degree of scientific and technological advancement, the potential for meaningful impact on human life, as well as the scale and long-term sustainability of the proposed innovations.
Vietnam’s Growing Imprint on the Global Innovation Map
After six seasons, the VinFuture Prize has firmly established its reputation and standing within the global science and technology landscape. Several VinFuture Laureates have subsequently been honored by some of the world’s most prestigious scientific awards, including the Nobel Prize, the Queen Elizabeth Prize for Engineering, and the Breakthrough Prize, demonstrating VinFuture’s ability to recognize, at an early stage, innovations with foundational significance for the future of humanity.
Notable examples include Prof. Omar Yaghi (2021 VinFuture Special Prize; 2025 Nobel Prize in Chemistry); Dr. Katalin Karikó and Prof. Drew Weissman (2021 VinFuture Grand Prize; 2023 Nobel Prize in Physiology or Medicine); Drs. Demis Hassabis and John Jumper (2022 VinFuture Special Prize; 2024 Nobel Prize in Chemistry); Prof. Geoffrey Hinton (2024 VinFuture Grand Prize; 2024 Nobel Prize in Physics); as well as Prof. Yoshua Bengio, Prof. Yann LeCun, Prof. Geoffrey Hinton, Mr. Jensen Huang, and Prof. Fei-Fei Li (2024 VinFuture Grand Prize; 2025 Queen Elizabeth Prize for Engineering). Additional examples include Prof. Daniel Drucker, Prof. Joel Habener, Prof. Jens Juul Holst, and Assoc. Prof. Svetlana Mojsov (2023 VinFuture Special Prize), who later received the 2025 Breakthrough Prize.
Beyond recognizing transformative scientific achievements, VinFuture has become a point of convergence for knowledge, collaboration, and the aspiration to serve humanity. Over the course of six seasons, VinFuture has contributed to shaping a more open, connected, and inspiring scientific ecosystem, while positioning Vietnam as an increasingly important destination on the global innovation map.
Hashtag: #VinFuture
The issuer is solely responsible for the content of this announcement.
Authorities across the Middle East and North Africa have arrested 201 people in a coordinated cybercrime sweep that targeted phishing, malware and online financial fraud networks operating across 13 jurisdictions. Operation Ramz, coordinated by Interpol from October 2025 to 28 February 2026, also identified 382 further suspects and 3,867 victims, marking the first cyber operation of this scale led by the international police body across the MENA […]
Hundreds of shoppers queued through the night at Dubai Mall and Mall of the Emirates for a Swatch and Audemars Piguet launch that was called off after crowding raised public safety concerns. The cancelled May 16 sale of the Royal Pop collection turned a marketing triumph into a crowd-management test for one of the luxury sector’s most closely watched collaborations. The pocket watches, priced at about Dh1,530 […]
Tehran has moved to turn the Strait of Hormuz crisis into a new insurance and payments channel, with an Iran-linked platform branded Hormuz Safe offering maritime cargo cover tied to cryptocurrency settlement for vessels using the strategic waterway. The initiative targets shipowners, charterers and cargo interests facing sharply higher war-risk costs, disrupted routing and mounting legal uncertainty across a corridor that remains central to global energy trade. […]
Dubai will host a high-level Africa investment forum on 22 October 2026 as Invest Africa and the Government of the United Arab Emirates move to deepen trade, finance and technology partnerships across one of the world’s fastest-growing economic corridors. The Africa Debate – UAE, organised in collaboration with the UAE Ministry of Foreign Trade, will bring senior figures from government, finance, industry and development institutions under the […]
By Nantoo Banerjee India’s continuous hesitancy to curb the retail oil consumption pattern despite a worldwide surge in fuel prices is inexplicable, if not unacceptable. The government, the biggest benefactor of large domestic fuel use by way of imposition of levies close to 50 percent of the retail oil prices, is not prepared to ration […]
The article India Needs To Curb Oil Consumption appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
