Arabian Post Staff -Dubai Abu Dhabi’s economy gathered pace in the third quarter of 2025 as real GDP reached 325.7 billion dirhams, equivalent to $88.68 billion, marking a year-on-year expansion of 7.7%, official data showed, underlining the emirate’s continued shift towards a broader growth base even as hydrocarbons remain a central pillar. Figures released by the Abu Dhabi Statistics Centre indicated that the non-oil economy expanded by […]
Arabian Post Staff -Dubai Institutional investors across the Middle East are signalling a deeper commitment to private markets as portfolio diversification and income stability rise to the top of allocation priorities, according to industry data and market participants tracking capital flows in the region. A broad base of investors is already exposed to private assets, with close to nine in 10 holding positions in private markets. More […]
Papio, a global industrial analytics and AI company, has announced the establishment of its Qatari subsidiary and is now officially registered in Qatar under QFC. Steven Jansen, CEO and founder of Papio, shares insights on the company’s global expansion and long-term commitment to supporting industrial organisations with digital transformation initiatives, serving customers better across Qatar and the wider Gulf, while building its footprint in the region. “The Middle East […]
Bitcoin crossed the symbolic threshold of one US dollar 15 years ago, a modest valuation milestone that has since acquired outsized significance as the digital asset evolved from an obscure experiment into a global financial phenomenon influencing markets, regulation, and technology debates. The moment, marked in early February 2011 on a handful of online trading forums and exchanges, is now widely cited as the point at which […]
Aldar Properties and Dubai Holding have broadened their flagship joint venture, adding two strategic land plots in Dubai that will deliver close to 14,000 new homes with a combined gross development value exceeding AED38 billion, reinforcing the emirate’s position as one of the world’s most active residential development markets. The expansion builds on the partnership launched in 2023 and signals Aldar’s accelerating growth in Dubai following the […]
Abu Dhabi-based technology group G42 has signed a $1bn framework cooperation agreement with a Vietnamese consortium led by FPT Corporation and Viet Thai Group, marking one of the largest cross-border technology collaborations aimed at building sovereign artificial intelligence and cloud infrastructure in Southeast Asia. The agreement sets out a multi-year plan to deploy large-scale cloud capacity across three data centre locations in Vietnam, alongside the development of […]
Samsung Electronics plans to begin mass production of its next-generation high-bandwidth memory chips, HBM4, next month, positioning the company to step up supplies to key artificial intelligence customers led by Nvidia as competition in advanced memory intensifies. The South Korean chipmaker has been racing to finalise yields and qualification for HBM4, a critical component for the latest generation of AI accelerators that demand faster data transfer and […]
Arabian Post Staff -Dubai PureHealth Holding delivered a solid set of full-year results for 2025, reporting net profit of AED2 billion and proposing a cash dividend of AED600 million, underscoring the scale and resilience of the Abu Dhabi-based healthcare group as it expands across services, geographies and clinical capabilities. The company said results for the year ended 31 December 2025 reflected steady demand across hospitals, clinics, diagnostics […]
Sovereign credit prospects across the Middle East are set to remain stable through 2026, underpinned by resilient economic fundamentals, disciplined fiscal management and sizeable financial buffers, even as the region navigates elevated geopolitical tensions and softer oil prices, according to an assessment by S&P Global Ratings. The ratings agency points to strong government balance sheets and a steady expansion of policy flexibility as key factors insulating most […]
Arabian Post Staff -Dubai ADNOC Gas plc reported a net income of $5.2 billion for the fiscal year ended 2025, marking a 3 per cent rise compared with the previous year and underscoring the company’s capacity to generate resilient returns amid volatile commodity markets. The Abu Dhabi-based integrated gas producer said the result was achieved despite an average Brent crude oil price of $69 per barrel for the […]
Larsen & Toubro is set to expand its data centre footprint to 32 megawatts by the end of March, commissioning 18 MW of new capacity as the engineering major sharpens its focus on digital infrastructure alongside emerging opportunities in green hydrogen and semiconductors.
The additional capacity will lift the group’s operational data centre load from the existing 14 MW, marking a decisive step in a segment that has become a core pillar of its technology-led growth strategy. The commissioning is scheduled to be completed before the close of the financial year, aligning with strong demand from cloud service providers, hyperscalers and large enterprises accelerating their migration to outsourced digital infrastructure.
Larsen & Toubro has steadily built its data centre business over the past few years, leveraging its engineering, procurement and construction capabilities to develop facilities that meet high standards for power efficiency, uptime and scalability. Executives have previously indicated that the group’s focus is on delivering carrier-neutral and hyperscale-ready campuses in key metros, where demand continues to outpace supply despite a wave of new announcements by domestic and global operators.
Industry estimates show that data consumption growth, artificial intelligence workloads and stricter data localisation norms are driving sustained investment in capacity across Asia. India remains one of the fastest-growing markets in this space, with several multinational cloud companies committing to expand their presence. Against this backdrop, L&T’s move to lift capacity by more than double underscores its intention to be a long-term player rather than a peripheral builder.
The data centre expansion is being pursued alongside the company’s ambitions in newer industrial segments. L&T has signalled that it is actively pursuing orders related to electrolysers, a critical component for producing green hydrogen, as governments and industrial groups accelerate decarbonisation plans. Electrolyser manufacturing and deployment are viewed as strategic areas where the company’s heavy engineering background can be translated into repeatable, export-oriented businesses.
Management has also reiterated interest in the semiconductor ecosystem, particularly in supplying equipment, engineering services and infrastructure for chip fabrication and assembly units. While L&T is not positioning itself as a chipmaker, it aims to capture value across the supply chain as multiple semiconductor projects move from proposal to execution stages. The company has indicated that it is evaluating opportunities linked to cleanroom construction, precision engineering and advanced manufacturing systems required by chip plants.
Analysts tracking the capital goods sector note that diversification into data centres and clean energy-linked manufacturing provides a hedge against cyclicality in traditional infrastructure spending. Order inflows from transport, hydrocarbons and power transmission remain important for L&T, but newer verticals are expected to deliver higher margins and longer visibility once scale is achieved.
The data centre business, in particular, benefits from predictable long-term contracts and rising demand for energy-efficient facilities. Power availability and cooling efficiency have become critical differentiators as operators seek to control operating costs and meet sustainability targets. L&T has highlighted its emphasis on optimised designs, modular construction and integration of renewable energy where feasible, in response to customer requirements.
From a financial perspective, the 18 MW commissioning is not expected to materially strain the balance sheet, given the group’s strong cash flows and diversified revenue base. The company has historically funded growth through a mix of internal accruals and selective partnerships, and similar structures are being explored for digital infrastructure projects to manage risk and accelerate execution.
Market participants also point to the broader ecosystem benefits of large data centre builds, including demand for electrical equipment, cooling systems, specialised construction and long-term maintenance services. This creates opportunities for L&T to cross-leverage capabilities across its subsidiaries and verticals, reinforcing the strategic rationale behind the expansion.
Plans taking shape inside SpaceX point to an unusual next step in the global race for computing power: data centres operating in orbit by 2026. The company has begun recruiting specialists in power systems, thermal engineering, networking and on-orbit operations, signalling an effort to pair its satellite infrastructure with space-based computing at a time when demand for artificial intelligence processing is colliding with limits on Earth. People […]
Arabian Post Staff -Dubai Kuwait has set out a long-term plan to lift crude oil production capacity to 4 million barrels per day by 2035, up from about 3 million bpd at present, signalling a renewed push to secure upstream growth while managing the pressures of energy transition and market volatility. The target was outlined by Nawaf S. Al-Sabah, deputy chairman and chief executive of Kuwait Petroleum […]
Abu Dhabi welcomed the announcement of talks between the United States and the Islamic Republic of Iran to be hosted by the Sultanate of Oman, describing the move as a constructive step that could ease regional tensions and reinforce diplomatic pathways in the Gulf. The United Arab Emirates said the decision to engage through dialogue reflects a shared recognition that negotiation remains the most effective means to […]
Abu Dhabi is preparing to introduce electric seaglider services across the emirate by 2028, positioning the technology as a new pillar in its transport and tourism strategy after a multi-agency agreement signed on Friday set the framework for development, regulation and investment. The accord brings together the Department of Culture and Tourism – Abu Dhabi, the Abu Dhabi Investment Office, the Integrated Transport Centre operating as Abu […]
Millennium Hotels and Resorts is sharpening its expansion strategy by placing the Middle East, North Africa and Turkey at the centre of its global growth plans, using the region’s aviation reach, investment climate and tourism depth to connect Asia with a wider set of international markets. Executives at the Singapore-based hospitality group say the MENAT region has moved beyond being a strong operating base to become a […]
HONG KONG SAR – Media OutReach Newswire – 6 February 2026 – This Chinese New Year, Pacific Place and Starstreet Precinct invite you to take a joyful gallop into the Year of the Horse with ‘Whimsical Gallop’ — a celebration that blends artistry, imagination and auspicious cheer. From 5 February to 3 March 2026, the mall is transformed into a contemporary Chinese garden awash in soft, nature-inspired pink hues. Leading the way is a striking 3.5-metre-tall embroidered horse in Park Court, alongside three other beautifully adorned horses brought to life by Hong Kong embroidery atelier YLYstudio. Together, this quartet of horses brings luck and fortune to all.
Beyond the installations, the festivities continue with thoughtful and playful experiences. Create your own personalised blessings at the ‘Splendid Blessings’ AI Fai Chun Photo Booth, and enjoy ‘Galloping Joy’ New Year Shopping Rewards with festive ‘Blooming Splendour’ Lai See packets and exclusive shopping treats. The celebration culminates with lively jazz tap dance performances and a lion dance parade, bringing heritage and modern festivity together for everyone to enjoy.
A Garden Where Embroidery Meets Imagination
Across the mall and into Starstreet Precinct, visitors are immersed in a fantastical Chinese landscape of embroidered ornaments, blooming florals, lanterns and gazebos. YLYstudio dedicated over 1,000 hours to handcrafting more than 590 ornaments featuring eight auspicious motifs — feathers, birds, pomegranates, coins, flowers, four-leaf clovers, ladybirds, and clouds — using over 80 types of sequins, threads, and ribbons. These motifs are showcased on the four horses, spreading good fortune while enriching the festive landscape with depth and artistry.
| Spring Bloom Gallop Pavilion
Location: Garden Court, Level LG1, Pacific Place |
Three embroidered horses stand in quiet splendour — each a symbol of good luck, harmony and prosperity. Rising above them, a five‑metre‑tall gazebo becomes a sanctuary of artistry, where the eight auspicious motifs conceived by YLYstudio are revealed in delicate detail. Each work conveys multicultural blessings, all rendered with exquisite craftsmanship. |
| Blossoms of Imagination
Location: Level L1 (near lululemon), Pacific Place |
Amid peach blossoms, a pastel pavilion shelters two young horses at rest. The scene evokes New Year anticipation, filled with hope and the promise of spring.
‘Splendid Blessings‘ AI Fai Chun Photo Booth By registering as an above member and spending HK$300 on the same day via electronic payment, shoppers can select an auspicious message, capture full-body photos, and receive both printed and animated digital versions to take home and share with loved ones. Date: 5 February – 3 March 2026 |
| Magical Blessings
Location: Level L1 (near Lane Crawford), Pacific Place |
Energetic mini horses line both sides of the pathway, accompanied by floral arrangements and whimsical plants that create a festive corridor of movement and charm. An abundance of mini horses extends the blessings along the way, embodying prosperity and joy in every step. |
| Poised in Bloom
Location: Park Court, Level L1, Pacific Place |
At the heart of Park Court, a 3.5‑metre‑tall
giant horse is poised in mid‑gallop — a graceful emblem of blossoming fortune. Flanked by peach blossoms, it moves forward to usher in a more prosperous year ahead. |
| Lanterns of Serenity
Location: Outside Three Pacific Place on Wing Fung Street and Star Street |
Lanterns sway and blossoms bloom in this outdoor extension of the celebration. Set against the urban backdrop of Starstreet Precinct, the installation carries the festive spirit beyond the mall — inviting passersby to pause, smile and soak in the new year fantasy. |
‘Blooming Splendour‘ Lai See Packets – Celebrate the Year of the Horse with Flourishing Flowers
The ‘Blooming Splendour’ Lai See packets are inspired by the elegance of embroidery. They feature delicate floral motifs rendered with painterly precision, blending layers of red, pink, and orange threads to create a sense of graceful movement. At the heart of the design, a sculpted floral emblem evokes abundance, beauty, and new beginnings, enriched with pearl-like accents recalling couture embroidery techniques, where beads, sequins and threads are meticulously layered.
Each set includes 10 Lai See packets in two harmonious colourways, accompanied by a velvet pouch in either soft pink, adorned with a pomegranate charm, or rich green, accented with a lucky four-leaf clover charm. These detachable embroidered charms are thoughtfully designed to be worn or styled long after the festive season, carrying the spirit of prosperity and good fortune throughout the year.
‘Galloping Joy‘ – Elevate Your Experience with Exclusive Shopping Rewards
From 5 to 16 February 2026, shoppers can enjoy festive privileges designed to usher in a prosperous year, including exclusive ‘Blooming Splendour’ Lai See packets, movie ticket exchange coupons, Pacific Place shopping e-vouchers and gourmet treats.
| Accumulated Same-day Electronic Spending |
Shopping Rewards* | |
| HK$3,800 – HK$8,799 |
One Set of |
— |
| HK$8,800 – HK$17,999 | HK$300 Pacific Place Shopping e-Voucher |
|
| HK$18,000 – HK$37,999 | HK$600 Pacific Place Shopping e-Voucher + The Grand Sicilian Pistachio Puff (valued at HK$128) |
|
| HK$38,000 – HK$87,999 | HK$1,400 Pacific Place Shopping e-Voucher + The Grand Sicilian Pistachio Puff (valued at HK$128) |
|
| HK$88,000
or above |
HK$2,400 Pacific Place Shopping e-Voucher + COVA Nutty Duo Cookie Gift Box (valued at HK$198) |
|
*Shoppers are required to join the Pacific Place Loyalty Programme – above and meet the accumulated same-day spending requirement by electronic payment during the Promotion Period in order to be entitled to redeem Shopping Rewards. The Rewards are limited in quantity and are available on a first-come, first-served basis while stocks last. Other Terms and Conditions apply.
Redemption Period: 5 – 16 February 2026
Redemption Location: Gift Redemption Counter, Level L1 (near Theory)
Redemption Hours: 11am – 10pm
Where Hooves Move to the Rhythm
The Year of the Horse arrives in a dance of joy. Step Out Studio and fellow tap dancers will be tapping out the heartbeat of the season, their rhythms galloping alongside the soaring notes of Jazz Band led by Nate Wong. Together, they will conjure a celebration where artistry and vitality run free. After the lions are awakened in an eye‑dotting ritual, our lion dance parade will unfurl like a living tapestry of tradition — spreading fortune, unity and exuberance throughout the mall, and inviting everyone to stride boldly into the year ahead.
| Tap and Jazz into the New Season | Let your feet and heart gallop with joy as Step Out Studio and fellow tap dancers bring tap to life, echoing the energy of racing hooves. Accompanied by keyboard, bass, and saxophone from Nate Wong’s Jazz Band, the performance blends percussive footwork with swinging jazz, creating a lively celebration of the Year of the Horse.
Dates:
Time: 3:30pm Location: Level L1 (near Shiro), Pacific Place |
| Roaring into Prosperity: Eye-dotting Ceremony & Lion Dance Parade | Stride into the excitement of the Chinese New Year at Pacific Place! After bringing the lions to life in a traditional eye-dotting ceremony, the lion dance parade will wind its way through the mall, spreading energy, luck, and prosperity for the year ahead.
Date: 23 February 2026 (Monday, 7th day of Chinese New Year) Time: 1pm Location: Park Court, Level L1, Pacific Place |
Join the ‘Whimsical Gallop’at Pacific Place and Starstreet Precinct this Chinese New Year — where embroidered artistry, festive celebrations, and joyful rewards come together to welcome a year filled with good fortune and blooming possibilities.
Hashtag: #WhimsicalGallop #HorseInBloom #GallopingJoyAtPP
The issuer is solely responsible for the content of this announcement.
YLYstudio is a Hong Kong-based embroidery atelier celebrated for blending traditional craftsmanship with contemporary design. Founded by Lilian Tsang Lai Yu and Matt Hui Yip Long, the studio brings decades of global fashion experience and artistry to every creation.
Lilian Tsang previously served as chief designer for a Hong Kong fashion label and honed her craft at LECOLE LESAGE, the prestigious haute couture embroidery school owned by the Chanel Group in Paris. She also interned at Elisabeth Gasbarre Rousseau Haute Couture Studio in Lyon, France. With a deep passion for teaching, Lilian now shares her embroidery expertise in Hong Kong, inspiring a new generation of artisans.
Matt Hui is a Hong Kong-based fashion designer graduated from the Royal College of Art in 2013. Passionate about the creative process and fine workmanship, he has collaborated on stage costumes for renowned singers including Panther Chan and Bondy Chiu. Since 2024, Matt has also ventured into the film industry as a custom tailor, contributing to international productions such as Ballad of a Small Player and Emmanuelle.
Located in the heart of Admiralty, Pacific Place is the destination for exceptional service and unique experiences. As a pioneer of innovative retail concepts in Hong Kong, Pacific Place continues to transform the retail scene by delighting visitors with an array of curated experiences through diversified offerings. Since its inception in 1988, Pacific Place has established itself as Hong Kong’s premier lifestyle hub, a mixed-use development that continues to evolve and grow as the ultimate destination to shop, dine, work, stay, relax and play. It houses one of Hong Kong’s largest collections of luxury brands and diverse dining offerings, making every visit a memorable one. In addition to being a prime transportation hub, Pacific Place is home to five Grade-A office towers, 268 serviced apartments, and four five-star hotels: The Conrad, Island Shangri-La, JW Marriott and Upper House Hong Kong.
| Customer enquiry hotline: (852) 2844 8988 | Website: www.pacificplace.com.hk |
| Facebook: @Pacific Place Hong Kong | Instagram: @pacificplacehk |
| WeChat: @PacificPlaceHK | XiaoHongShu: @Pacific Place HK |
Starstreet Precinct is a vibrant destination in Wan Chai, comprised mainly of Wing Fung Street, Star Street, Moon Street, Sun Street, and St. Francis Yard. Over the years, the neighbourhood has evolved from a quaint, historic landmark, into an eclectic hangout hotspot for those with a unique sense of style and character. Filled with cosy cafés, restaurants, bars, boutique shops with the most coveted fashion selections, galleries and interior design stores, the precinct offers an array of day-to-night experiences. With a focus on community and a passion to foster a sustainable lifestyle for all, Starstreet Precinct and its tenants are collectively working to build a better future together. Connected to Pacific Place and Admiralty station through the Three Pacific Place underground link, the neighbourhood is a hidden gem in the heart of Hong Kong.
| Website: www.starstreet.com.hk | Instagram: @starstreethk |
| Facebook: Starstreet Precinct | #starstreethk |
Saudi Arabia’s flagship development drive remains anchored to an ambition that exceeds $1 trillion in combined value, even as authorities adjust timelines, scope and sequencing across some of the Kingdom’s most high-profile projects. A new assessment by Fitch Ratings said the combined value of five major giga projects — NEOM, Qiddiya, Red Sea Global, ROSHN and Diriyah — is still expected to surpass that threshold at completion, […]
A $3tn pipeline of real estate and infrastructure projects across the Middle East and Africa between 2026 and 2030 is sharpening investor focus on the region’s capacity to sustain high growth into 2026, with the UAE expected to account for a substantial share of capital deployment, according to new industry assessments. Market projections point to project cash flows of about $795bn in the UAE over the same […]
Iran entered high-level talks with the United States in Muscat on Friday seeking what officials described as a durable agreement, as Washington signalled that any understanding must sit within a wider regional framework. The negotiations, hosted by Oman, reflect an attempt by both sides to test whether long-running hostility can be channelled into a structured outcome at a moment of heightened tension across West Asia. Officials in […]
Arabian Post Staff -Dubai National Bank of Kuwait used the Kuwait Oil & Gas Show and Conference 2026 to underline its role as a leading financier to the energy value chain, engaging with policymakers, producers, service companies and investors as Kuwait accelerates long-term plans to modernise hydrocarbons infrastructure while managing the transition to lower-carbon operations. Held over three days in Kuwait City, the biennial industry gathering drew […]
To expand AI application scenarios and enhance enterprises’ competitiveness, the Hong Kong Productivity Council (HKPC) is hosting the inaugural “AI with HKPC” Smart Solutions Showcase Series, which officially opens today. Professor SUN Dong, Secretary for Innovation, Technology and Industry, HKSAR Government, and the Hon Sunny TAN, Chairman, Hong Kong Productivity Council, officiated at the opening ceremony, underscoring the Government’s and the industry’s shared determination to drive the broader adoption of AI applications. Registration for the event has been enthusiastic, with over 3,000 representatives from the Government, industry, academia and research communities expected to attend, reflecting the “AI for all” trend and strong market demand for digital solutions.
The three-day event focuses on three major themes, including empowering SMEs, digitalised education, and smart property, showcasing nearly 100 ready-to-deploy AI solutions covering diverse scenarios such as operations management, customer interaction, school administration and teaching, and building maintenance. It marks AI’s shift from concept demonstrations to real-world deployment, injecting practical momentum into Hong Kong’s new industrialisation and smart city development.
Professor SUN Dong, Secretary for Innovation, Technology and Industry, HKSAR Government, said: “AI is transforming the world at an unprecedented pace. Hong Kong, with its unique strengths in research foundation, international talent pool and open market environment, provides the ideal soil for advancing the industrialisation of AI. The HKSAR Government has been promoting the development of AI in a comprehensive manner across research, computing power, data, talent and funding. HKPC also actively assists enterprises in mastering AI technologies and enhancing AI governance, not only laying a solid foundation for application by businesses, but also nurturing digitally skilled talent with a vision for the future and driving the continuous upgrading of industries. HKPC has long supported and worked closely with the HKSAR Government in advancing innovation and technology development. Let us continue to work hand in hand and seize opportunities, and jointly propel Hong Kong to become a leading pioneer of smart transformation in Asia”.
The Hon Sunny TAN, Chairman of Hong Kong Productivity Council, said: “HKPC actively responds to the national ’15th Five-Year Plan’ recommendation and fully supports the HKSAR Government’s direction of promoting the deep integration and application innovation of AI across various industries. This showcase aims to build a transformation bridge from ‘seeing’ to ‘doing’, not only demonstrating the broad potential of AI technologies, but also providing actionable and scalable pathways to help enterprises extend pilot projects into full-scale deployment, thereby realising AI-driven industry transformation.” He further noted, “As AI adoption accelerates, robust cyber security protection is the foundation for responsible AI use. According to the latest report from the Hong Kong Computer Emergency Response Team Coordination Centre, local cyber security incidents in 2025 rose by 27% year-on-year, reaching a record high. HKPC will continue supporting enterprises in building a secure and trustworthy AI application environment, so the industry can innovate with confidence and transform with assurance.”
The “AI with HKPC” Smart Solutions Showcase Series focuses on four common pain points enterprises face during AI transformation, which is “integration challenges, insufficient funding, security concerns, and talent shortage”. Guided by the philosophy of “technology as a bridge, industry as the foundation,” HKPC promotes the popularisation and industrialisation of AI applications. Through the showcase, local SMEs can gain deeper understanding of practical AI use cases across business operations, while also accessing a series of technical solutions and services. HKPC’s self-developed multipurpose AI platform “HKPC Picasso,” aims to respond to the “integration challenges” commonly faced by most enterprises in AI transformation, with “ease of use” as the core concept, providing an end-to-end and executable AI transformation support system for the common needs of different industries. It currently offers six large language model (LLM) modules, over 30 commonly used functional modules, and around 40 applications, supporting rapid development and deployment of smart solutions. This significantly lowers development costs and technical barriers, enabling enterprises to deploy and launch customised AI systems within several weeks. The platform makes AI more accessible, empowering SMEs to kick-start smartification transformation with ease.
HKPC also provides AI Governance and Testing Services to help enterprises address “security concerns”. The services cover AI governance framework design, ethics and compliance review, data privacy assessment, AI content and model security testing, as well as enhancements to model transparency, supporting enterprises in optimising AI systems to meet international standards and establishing a sustainable and responsible AI application framework. In addition, to tackle the “talent shortage” pain point, HKPC offers supporting AI-related training courses to strengthen enterprises’ understanding and practical capabilities in AI application. This helps build a solid foundation for AI transformation while ensuring safety, compliance and public trust throughout technological development.
“AI with HKPC” Nearly 100 Hands-on, Ready-to-Deploy AI Use Cases Across Three Themes
1) Empowering SMEs for the AI Era Solution Day (5–6 February)
Aligned with the 2025 Policy Address direction of supporting SMEs in digitalisation and smartification transformation, the showcase features five exhibition zones, presenting “ready-to-use, fast-impact, low-barrier” AI solutions such as AI-powered accounting, process automation, intelligent customer service, and collaboration tools. These solutions cover operations, infrastructure, security, marketing and talent management. The showcase also introduces AI applications incubated through the “HKPC Picasso” platform and HKPC’s AI governance services, helping SMEs explore transformation pathways based on their needs.
All solutions are sourced from HKPC’s free platform Digital DIY, which integrates trusted AI solutions from Hong Kong and the Chinese Mainland. Addressing SMEs’ pain points of “limited channels and difficulty in choosing,” the platform provides efficient matching and clear adoption guidance—accelerating transformation and enhancing competitiveness.
2) AI in Education Forum Series & Showcase (5–6 February)
To support the HKSAR Government’s push for digital education and the Education Bureau’s AI for Empowering Learning and Teaching Funding Programme, HKPC co-organises the AI in Education Forum Series & Showcasewith the Education Bureau and Hong Kong Education City, helping schools grasp policy directions, technology solutions and AI teaching planning.
The event features over 60 AI education solutions, including language learning, SEN support and smart assessment, and for the first time centrally showcases 22 projects under the Quality Education Fund (QEF) e-Learning Ancillary Facilities Programme (eLAFP) developed by universities and institutions. The seminar series includes a principals’ forum themed “Achieve More with Less: AI Integration Strategies for Hong Kong Schools,” where primary and secondary school principals share hands-on experience. HKPC Academy will also introduce how schools can leverage Government funding to effectively integrate AI into school-based teaching, learning and administration to improve efficiency.
3) AI Driven Solutions for Smarter Property Sharing Session (9 February)
The AI-Powered Smarter Property Management Sharing Sessionon 9 February will align with the smart building development blueprint under Smart City Blueprint 2.0, as well as the HKSAR Government’s advocacy for deeper AI integration across industries. It aims to help the industry understand emerging AI applications in property management.
The session will feature multiple AI technologies developed by HKPC, including Water Tank Cleaning Robot successfully piloted with Jones Lang LaSalle, Pureland Drone Facade Cleaningwith advantages for high-altitude work safety, Recycling Bin Transporter utilising automation, AI, and sensor technologies, and anAutonomous Wheelchair suitable for elderly and persons with disabilities, demonstrating how innovation can enhance building management efficiency, improve resident experience, and advance sustainable urban development.
Click here to download the high-resolution photos
Photo caption:
1. The Hon Sunny TAN, Chairman of the Hong Kong Productivity Council, delivers a speech at the opening ceremony, encouraging SMEs to adopt AI to enhance competitiveness and operational efficiency.
2. Professor SUN Dong, Secretary for Innovation, Technology and Industry, HKSAR Government, attends the opening ceremony of the “AI with HKPC” Smart Solutions Showcase Series, supporting the popularisation and practical deployment of AI.
3. Mr Edmond LAI, Chief Digital Officer of HKPC, delivers a keynote speech explaining the core value of HKPC’s self-developed multipurpose AI platform “HKPC Picasso” and how it addresses enterprises’ transformation pain points.
4. The officiating move guests and industry representatives take a group photo to witness the grand opening of the three-day “AI with HKPC” Smart Solutions Showcase Series, marking AI’s toward broader adoption and industrialisation.
5. The showcase features multiple AI application solutions tailored for SMEs, covering smart operations, data analytics and customer experience, attracting many industry visitors for exchanges.
Hashtag: #HKPC
The issuer is solely responsible for the content of this announcement.
The Hong Kong Productivity Council (HKPC) is a statutory body established in 1967, dedicated to enhancing the productivity and competitiveness of Hong Kong enterprises through world-class applied R&D, innovative technology services, and integrated manufacturing solutions. As a market-oriented, international R&D organisation, HKPC leverages its deep expertise and extensive industry experience in key areas such as AI, advanced manufacturing, life and health technology, green technology and new energy to drive new industrialisation and support the growth of emerging and future industries.
HKPC focuses on addressing businesses challenges and industrial technology needs, promoting the full integration between technological and industrial innovation. Through technology transfer, product innovation, intellectual property protection and commercialisation of R&D outcomes, the Council fosters collaboration with the local business community as well as top global R&D institutions, delivering added value to industries and advancing the development of new productive forces. HKPC’s world-class R&D achievements have been widely recognised over the years, winning an array of local and overseas accolades, reinforcing Hong Kong’s role as an international innovation and technology centre and a smart city.
To help enterprises capitalise on Hong Kong’s strengths in international connectivity to expand into global markets, HKPC offers comprehensive overseas expansion services tailored to critical areas including product development, technology, manufacturing, and management, enabling businesses to successfully go global from Hong Kong.
HKPC is also committed to providing timely and practical support to SMEs and startups with timely and practical, assisting them in accessing Government funding programmes. Through its FutureSkills training initiatives, HKPC helps both industry and academia stay ahead in latest digital and STEM technologies, nurturing a future-ready talent pool for Hong Kong.
For more information, please visit HKPC’s website: 
www.hkpc.org/en.
Capital markets across the Middle East and North Africa recorded ten initial public offerings that raised a combined $1.7bn in the fourth quarter of 2025, signalling continued investor engagement despite broader market headwinds. According to the EY MENA IPO Eye Q4 2025 report, the MENA region sustained momentum in public market activity as companies across diverse sectors tapped equity markets for capital. Morocco’s Société Générale des Travaux […]
HEIDELBERG, GERMANY – News Aktuell – 5 February 2026 – After nine months of financial year 2025/26 (April 1 to December 31, 2025), developments at Heidelberger Druckmaschinen AG (HEIDELBERG) are in line with expectations. The company has achieved a considerable improvement in its profitability and is also resolutely pressing ahead with its strategic transformation, moving into new areas of business that are enjoying strong growth. Notwithstanding the challenging environment, sales after three quarters climbed to € 1,602 million – some 6.1 percent higher than the previous year’s figure of € 1,509 million – despite negative exchange rate effects amounting to around € 44 million compared with the equivalent period of the previous year. Business in Europe and with packaging and label printing presses saw particularly positive development during this period. At € 617 million, the sales figure for the third quarter was around 4 percent higher than in the equivalent quarter of the previous year and continued the quarter-on-quarter sales growth so far in the current financial year.
The adjusted operating result (EBITDA) after nine months increased significantly to € 114 million (adjusted figure for equivalent period of previous year: € 86 million) and the adjusted EBITDA margin improved considerably to 7.1 percent (equivalent period of previous year: 5.7 percent). Implementation of the personnel and efficiency measures envisaged in the plan for the future is having a clear impact. For example, production costs and total working costs improved compared with the corresponding period of the previous year. The personnel cost ratio was lower than in the first nine months of the previous year, falling to 36 percent (equivalent period of previous year, adjusted for special items: 39 percent). The company is expecting personnel costs as a whole to remain below the previous year’s figure for the rest of financial year 2025/26.
Incoming orders after nine months totaled € 1,628 million (previous year: € 1,823 million). Allowing for the fact that drupa resulted in the previous year being very strong, they were therefore in line with expectations. During the reporting period, the company saw a significant impact from negative exchange rate effects amounting to some € 46 million. Incoming orders in the third quarter stood at € 517 million (corresponding quarter of previous year: € 550 million). The development of incoming orders in the third quarter was particularly positive in the Americas Region, where they were up 17 percent on the equivalent quarter of the previous year.
HEIDELBERG pressing ahead with strategic transformation and tapping into new growth markets
Despite a market environment that remains challenging, HEIDELBERG is consistently pursuing its strategic transformation. Based on its strong industry and systems expertise, the company is systematically tapping into additional markets in the areas of defense, security, energy, charging infrastructure, and industrial system solutions. One key aspect of this process is combining all relevant activities under HD Advanced Technologies GmbH. This strategic further development is building HEIDELBERG a stronger future and opening up long-term growth opportunities.
In the HEIDELBERG Technology segment, sales after nine months totaled € 42 million – slightly higher than the previous year’s figure of € 41 million. Even though the development of sales is moderate at present, the strategic measures that have been initiated provide a basis for HEIDELBERG Technology to potentially make a much bigger contribution to business as a whole. In particular, the continuing strategy of tapping into new industries and the creation of new business models are raising expectations of a positive sales trend in the coming years.
“The measures we have initiated are confirmation of our growth plan,” says Jürgen Otto, CEO of Heidelberger Druckmaschinen AG. “Both strategically and operationally speaking, HEIDELBERG is extremely well positioned to actively hone this plan and leverage additional opportunities in dynamic future markets,” he adds.
Core business lays foundations for transformation
At the same time as new areas of business are being unlocked, the company’s core business is also developing robustly. In the Print & Packaging Equipment segment, HEIDELBERG is benefiting from its strong market position in packaging and label printing. In the reporting period, this segment’s sales increased to € 804 million (previous year’s figure: € 705 million). In the Digital Solutions & Lifecycle segment, the company is further expanding its role as a systems integrator – with hybrid printing, software, and service solutions as part of a digital ecosystem. In this segment, HEIDELBERG achieved nine-month sales of € 755 million (previous year’s figure: € 763 million).
“Our strength lies in the intelligent way we combine presses, software, and service operations,” says Dr. David Schmedding, Chief Technology & Sales Officer. “By specifically expanding our digital printing portfolio and launching new high-performance systems such as the Jetfire 75, we are creating additional growth potential – both in our core business and beyond,” he emphasizes.
The free cash flow of HEIDELBERG after three quarters was € -81 million, an improvement on the previous year (equivalent period of previous year: € -97 million). As expected, however, it was still negative. This is due to the Polar acquisition and restructuring costs in the high single-digit million-euro range. The net result after taxes of € 17 million after nine months represented a significant increase (corresponding period of previous year: € -42 million).
Full-year forecast confirmed despite challenging environment
The company is confirming its forecast for financial year 2025/26. A healthy order backlog, the current efficiency measures, and systematic implementation of the strategy are laying the foundations for achieving its targets. In view of macroeconomic developments, taking into account the various opportunities and risks, and assuming the global economy does not see weaker growth than predicted by the relevant institutions, the company is expecting sales of around € 2,350 million in financial year 2025/26 (2024/25: € 2,280 million). In view of the significant exchange rate effects, the continuing weak macroeconomic situation, and the uncertain trade situation, the company is assuming the increase in the adjusted EBITDA margin will be toward the lower end of the predicted range of up to 8 percent (previous year: 7.1 percent).
Image 1: A team from the Hoifu Group, gathered around Chairman Ou Shun Chou (front row, sixth from the left), with HEIDELBERG representatives including Steven Hou, General Manager South China, and Michael Nilges, Managing Director of the Shanghai site (front row, seventh and eighth from the left), during acceptance testing for the 1,000th Speedmaster CX 104 at the HEIDELBERG site in Shanghai.
Image 2: The digital printing line at rubmedia includes a Jetfire 50 and a Versafire LV from HEIDELBERG, as well as the corresponding postpress equipment. The media house can use this line for the complete, industrialized in-house production of personalized and high-quality short runs.
Image 3: The HEIDELBERG Customer Portal is already the digital control center for over 3,000 print shops worldwide – a figure that is set to keep on growing.
Image material and further information about the company are available in the Investor Relations portal and Press Lounge of Heidelberger Druckmaschinen AG at www.heidelberg.com.
Important note:
This release contains forward-looking statements based on assumptions and estimates by the management of Heidelberger Druckmaschinen Aktiengesellschaft. Even though the management is of the opinion that these assumptions and estimates are accurate, the actual future development and results may deviate substantially from these forward-looking statements due to various factors, such as changes in the overall economic situation, in exchange and interest rates, and within the print media industry. Heidelberger Druckmaschinen Aktiengesellschaft provides no guarantee and assumes no liability for future developments and results deviating from the assumptions and estimates made in this press release.
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The issuer is solely responsible for the content of this announcement.
Heidelberger Druckmaschinen AG (HEIDELBERG) is a leading technology company that has been standing for innovation, quality, and reliability in mechanical engineering worldwide for 175 years. With a clear focus on growth and as a total solution provider, HEIDELBERG is driving further development in the core areas of packaging and digital printing, software solutions, and lifecycle business with service and consumables so that customers can achieve maximum productivity and efficiency. The company is also focusing on expanding into new business areas such as high-precision plant engineering with integrated control systems, automation technology, robotics, and the growing green technologies sector. With its strong international presence in approximately 170 countries, the creative power and expertise of its roughly 9,500 employees, its own production facilities in Europe, China, and the USA, and one of the largest global sales and service networks, the company is ideally positioned for future growth.
