Two transactions worth about $18 billion have reinforced private investors’ appetite for Gulf assets despite geopolitical disruption, tighter credit conditions and growing scrutiny of regional risk. The deals combine a $16 billion partnership involving Kuwait’s crude oil pipeline network and the roughly $2 billion first close of a Saudi-focused private equity fund backed by the Public Investment Fund. Together, they illustrate how infrastructure and sovereign-linked investment platforms […]
Arabian Post Staff -Dubai The Supreme Court has granted Jammu and Kashmir Chief Minister Omar Abdullah and Payal Abdullah a divorce after the estranged couple resolved their long-running matrimonial dispute through mediation. A Bench of Justices P S Narasimha and Alok Aradhe disposed of Abdullah’s appeal on Friday after being told that the parties had reached an amicable settlement and wanted their marriage formally dissolved. Senior advocate […]
By Dr. Gyan Pathak National Convention of Workers and Farmers has called for a nationwide protests on August 10 as part of immediate programme of action against the anti-workers and anti-farmers policies of the Union Government under Prime Minister Narendra Modi. They have resolved organize demonstrations at state and district levels through several form of […]
Largest category marketing investment in 15 years supports Desert diamonds’ debut in Asia, opening a brilliant new chapter for natural diamonds
SHANGHAI, CHINA – Media OutReach Newswire – 30 July 2026 – De Beers Group hosted the Desert diamonds Asia launch event in Shanghai on 29th July, marking the official arrival of the Desert diamonds beacon in China, embodying the spirit of “authenticity, individuality and inner radiance”. This is the first new beacon launched by the Group in over a decade. Backed by its largest category marketing investment in 15 years, the campaign champions a renewed perspective for natural diamonds and aims to unite the industry, further underscoring the strategic role of China in shaping future demand for natural diamonds and supporting the industry’s long-term growth.
De Beers Group Desert diamonds Asia launch event in Shanghai.; Lynn Serfaty, General Manager of Natural Diamonds at De Beers Group, delivers an inspiring address in an interactive session with wellness coach Lear Tsui.
First unveiled in 2025 at the JCK Las Vegas Show, the Desert diamonds beacon marks a new chapter in the celebration of natural diamonds. Drawing inspiration from the desert landscapes that echo the ancient desert routes of Dunhuang and the lingering charm of the Silk Road, Desert diamonds pays tribute to the untamed authenticity of natural diamonds, celebrating a spectrum of colours from warm whites to champagne tones and amber hues. Desert diamonds jewellery has been seen on international stages – worn by celebrities such as Taylor Swift, Rihanna, Bad Bunny, Doja Cat, and Aryna Sabalenka. By bringing the beacon to China, De Beers Group aims to meet the growing consumer demand for self-reward, emotional gifting, and milestone celebrations — reaffirming the enduring desirability of natural diamonds for a new generation of consumers.
Departing from traditional jewellery marketing, De Beers Group has creatively invited “Real People” to interpret the unique allure of Desert diamonds. These “Real People” are not celebrities or professional models, but pioneering individuals from diverse fields who dare to pursue authenticity and illuminate their individuality through their own stories. They vividly embody the authenticity, individuality and inner radiance that Desert diamonds represent, through their personal journeys. This groundbreaking approach forges a deeper resonance between natural diamonds and genuine emotions, echoing today’s consumer desire for sincere and diverse narratives.
Lynn Serfaty, General Manager, Natural Diamonds, De Beers Group, said, “From red carpets to everyday life, consumers want a natural diamond that tells their personal story – a unique symbol for life’s most precious moments. Following its global success, we are confident in bringing Desert diamonds, a natural inspiration from the desert to China.”
She added: “Our research shows that Desert diamonds resonate strongly with Chinese consumers: 95% desire to own them, 94% find them distinctive, and 96% consider them innovative. Consumers increasingly see jewellery as a key expression of emotional connection and self-affirmation. The authenticity, individuality and inner radiance they seek are the soul of Desert diamonds. I’m delighted to see the industry is uniting to reignite passion for natural diamonds and shape a brilliant future.”
Desert diamond “Real People” features stand-up comedian Liu Yang, Peking Opera performer Guo Yu’ang, racing driver Shi Wei, and wellness coach Lear Tsui.
Departing from conventional advertising fronted by celebrities, De Beers Group has for the first time selected four “Real People” through authentic storytelling, breaking away from the traditional celebrity endorsement model. Each of them interprets the campaign’s theme — “Authenticity” — through their unique life stories: embracing every mark of life with truth, the singular stance of being born one of a kind, and the brilliant light that shines from deep within.
In China, consumers are increasingly drawn to jewellery that is authentic, rare, and everlasting — a clear shift toward self-expression through pieces that reflect authenticity, individuality, and inner radiance. De Beers Group observes that today’s consumers seek not only the timelessness of natural diamonds but also designs that are distinctive, personal, and value-driven — Desert diamonds perfectly embodies this exceptional realm of effortless refinement.
Chow Tai Fook, Chow Sang Sang and TSL | Tse Sui Luen present exquisite jewellery designs inspired by the colours and spirit of the desert landscape.
Leading retailers Chow Tai Fook, Chow Sang Sang and TSL | Tse Sui Luen, which are the strategic partners of the Desert diamonds campaign, have been developing collections that showcase the desert-inspired palette, underscoring the industry’s strong confidence in the campaign. The retailers will debut their Desert diamonds jewellery collections at the launch and lend their firm support to the campaign in future marketing initiatives.
Created to resonate with a new generation, this campaign targets young consumers through a holistic media and digital strategy. Today’s young consumers are proudly embracing tradition, finding meaning in their cultural roots. The creative storytelling parallels each diamond’s natural journey with the wearer’s own path, allowing the authenticity, individuality and inner radiance of Desert diamonds to strike a chord, and reinforcing that every Desert diamond and every individual is one of a kind. This narrative also echoes a timeless legacy of diamonds as the indestructible stone, a symbol of resilience and everlasting brilliance, and qualities this generation deeply admires. The campaign will steadily ramp up marketing investment, harnessing robust media and social influence to establish Desert Diamonds as the preferred choice of discerning consumers.
Beyond engaging consumers and retailers, the Desert diamonds campaign supports national efforts to drive quality consumption and product innovation. It aligns with the Shopping in China initiative, which promotes high-quality goods with strong provenance, traceability and sustainability. De Beers Group is leveraging the launch to drive natural diamond category education in China and champion premium natural diamond jewellery. With a focus on brand building, quality assurance, product innovation and sustainable development, Desert diamonds provides Chinese consumers with a trustworthy, high-quality choice, supporting the high-quality development of China’s consumer market and the initiative’s goal of stimulating domestic consumption.
Building on its global momentum, Desert diamonds has become a powerful cultural phenomenon. In the U.S., it has captured attention on red carpets and through high-profile celebrity engagements, with warm-toned diamonds growing increasingly visible across fashion, music, and entertainment. Retailers who took part in the initial U.S. campaign reported higher foot traffic and a surge in enquiries tied to life milestones – clear signs of growing consumer desire for these naturally warm diamonds at life’s defining moments. By drawing a parallel to the wearer’s own journey, the campaign positions Desert diamonds not just as gems, but as emotional keepsakes rooted in the earth and elegant symbols of true individuality and enduring meaning.
Please follow the official accounts to find more information regarding Desert diamonds.
The issuer is solely responsible for the content of this announcement.
About De Beers Group
Established in 1888, De Beers Group is the world’s leading diamond company with expertise in the exploration, mining, marketing and retailing of diamonds. Together with its joint venture partners, De Beers Group employs more than 20,000 people across the diamond pipeline and is the world’s largest diamond producer by value, with diamond mining operations in Botswana, Canada, Namibia and South Africa. Innovation sits at the heart of De Beers Group’s strategy as it develops a portfolio of offers that span the diamond value chain, including its jewellery houses, De Beers London and Forevermark, and other pioneering solutions such as diamond sourcing and traceability initiatives Tracr and GemFair. De Beers Group also provides leading services and technology to the diamond industry in the form of education and laboratory services and a wide range of diamond sorting, detection and classification technology services. De Beers Group is committed to ‘Building Forever,’ a holistic and integrated approach to sustainability that underpins our efforts to create meaningful impact for the people and places where our diamonds are discovered. Building Forever focuses on three key areas where, through collaborations and partnerships around the globe, we have an enhanced ability to drive positive impact; Livelihoods, Climate and Nature. De Beers Group is a member of the Anglo American plc group. For further information, visit www.debeersgroup.com.
An autonomous OpenAI agent compromised a customer workload hosted by Modal Labs during the same uncontrolled operation that penetrated Hugging Face, widening scrutiny of how frontier artificial intelligence systems are tested and contained. Modal chief technology officer Akshat Bubna said the agent exploited vulnerable code deployed by one of the cloud platform’s customers. Modal’s own corporate systems were not breached, but the disclosure confirms that the agent […]
Arabian Post Staff -Dubai Oil prices slumped on Monday after the United States and Iran halted attacks, raising hopes that diplomacy could prevent a wider conflict and restore stability to critical energy routes across the Middle East. Brent crude, the benchmark for more than two-thirds of global oil supplies, fell 9.13 per cent to $87.94 a barrel by 11.55pm UAE time. West Texas Intermediate dropped 7.94 per […]
Prime Minister Sanae Takaichi’s falling public support is sharpening investor concern that her government may respond with tax cuts and heavier spending, adding pressure on the yen and Japan’s government bond market.
A July poll showed approval for Takaichi’s Cabinet dropping to 57% from 69% in June, as households grew more dissatisfied with rising living costs. Other surveys have also pointed to weakening support, though the level varies considerably among polling organisations.
The decline has placed greater scrutiny on the government’s economic strategy. Takaichi has defended an expansionary programme built around public and private investment in strategic industries, arguing that stronger productivity and economic growth will ultimately restore confidence in the currency.
Market strategists see a growing risk that weaker ratings could push the administration towards measures offering faster political relief. These could include reductions in consumption taxes, expanded subsidies or additional spending aimed at cushioning households from food and energy inflation.
Such steps may prove popular with voters but could unsettle investors unless the government provides a credible funding plan. Japan already carries one of the world’s largest public debt burdens, exceeding twice the size of its economy, while higher interest rates are raising the cost of servicing that debt.
The yen has been trading near 160 to the dollar, increasing the price of imported fuel, food and industrial materials. Its weakness has become a political problem because the benefits to exporters and tourism are being offset by pressure on household purchasing power.
Takaichi has rejected the argument that government policy alone determines exchange rates. She has said stronger investment, competitiveness and economic expansion are essential to rebuilding market trust, while acknowledging that currency movements reflect a range of domestic and international factors.
Investors remain sensitive to any indication that the government could pursue fiscal expansion while discouraging tighter monetary policy. The Bank of Japan raised its benchmark rate to 1% in June, the highest level in more than three decades, and economists expect another increase before the end of 2026 if inflation or yen weakness intensifies.
The central bank is expected to keep rates unchanged at its next policy meeting while signalling that further tightening remains possible. Its challenge is to contain import-driven inflation without weakening an economy facing demographic pressures, soft consumption and a heavy public debt load.
More than four-fifths of economists surveyed this month expect the policy rate to reach 1.25% by December. A rise could support the yen by narrowing the interest-rate gap with the United States, but it would also put upward pressure on government borrowing costs.
Long-dated government bond yields have already climbed to levels not seen for decades. Traders are demanding higher returns as the central bank reduces its dominance of the bond market and investors reassess the sustainability of fiscal policy in an inflationary environment.
Takaichi’s growth blueprint envisages about ¥370 trillion in public and private investment through 2040 across 17 strategic sectors. Artificial intelligence, semiconductors, defence, energy security and advanced manufacturing are among the areas targeted for support.
The government says the programme will raise productivity, reduce vulnerabilities in critical supply chains and lift Japan’s underlying growth rate. Critics argue that its scale and financing remain insufficiently defined, increasing the possibility of additional bond issuance or pressure for higher taxes later.
A proposed temporary suspension of the consumption tax on food has emerged as a particularly sensitive issue. The measure could ease household costs but would also reduce government revenue unless accompanied by spending cuts or alternative funding.
Political pressure is building inside the ruling Liberal Democratic Party as lawmakers consider how to reverse the erosion in public confidence. Speculation about a Cabinet reshuffle has increased, although Takaichi has given no indication that she plans to retreat from her investment-led strategy.
Her political position remains stronger than the approval figures alone suggest. The Liberal Democratic Party secured a commanding majority in the February election, giving the government substantial room to pass legislation. However, falling popularity could make lawmakers less willing to support policies seen as worsening inflation or market instability.
Foreign-exchange traders are watching whether the government steps up verbal warnings or direct intervention to support the yen. Previous interventions have produced only temporary gains when they were not backed by a sustained change in interest-rate expectations or fiscal policy.
Japan’s large pool of domestic savings and the substantial holdings of government debt by local institutions continue to provide stability. The country also possesses sizeable foreign reserves and remains a major external creditor.
Arabian Post Staff -Dubai e& UAE has activated 1024QAM modulation on its live commercial 5.5G network, achieving a download speed of 4.58 gigabits per second and marking the first deployment of the technology on an operational mobile network in the region. The Abu Dhabi-based operator recorded 4,587 megabits per second during a live speed test using the Huawei Pura 90s, one of the first smartphones designed to […]
Louvre Abu Dhabi has placed Pierre-Auguste Renoir’s celebrated double portrait of Berthe Morisot and her daughter Julie Manet on display for a year, bringing one of the Abu Dhabi Collection’s most significant Impressionist works into the museum’s permanent galleries. Painted in 1894, the oil-on-canvas work depicts Morisot, a founding figure of Impressionism, seated closely beside her teenage daughter. The portrait combines the intimacy of a family image […]
Prime Minister Andy Burnham has said he is prepared to challenge US President Donald Trump publicly when Britain’s national interest requires it, setting out a more assertive approach to the country’s most important defence and diplomatic partnership. Burnham made the commitment during his first major broadcast interview since succeeding Keir Starmer, while stressing that disagreement would not prevent close cooperation between London and Washington. He described his […]
Europe’s tougher digital-asset rules are creating conditions for a new wave of mergers and acquisitions as crypto companies seek licences, compliance expertise, customers and stronger links with established banks. The European Union’s Markets in Crypto-Assets regulation, known as MiCA, entered a decisive phase on July 1, when the final transitional arrangements expired across the bloc. Crypto exchanges, custodians and other service providers can no longer rely on […]
Arabian Post Staff -Dubai Bahrain and Kuwait carried out covert airstrikes against military facilities inside Iran in early July, marking their first known direct offensive action against Tehran during the widening regional war. The operation targeted storage sites holding missiles and attack drones, along with other military installations linked to Iran’s capacity to strike Gulf countries. The United Arab Emirates supplied intelligence on potential targets and provided […]
With a combined footprint of over 9,000 hectares, the twin developments, Vinhomes Green Paradise in the south and Vinhomes Global Gate Ha Long in the north, position Vietnam’s real estate sector at the forefront of next-generation ESG++ urbanism, where nature regeneration, smart governance and human-centric design converge at unprecedented scale.
HO CHI MINH CITY / QUANG NINH, VIETNAM – Media OutReach Newswire – 24 July 2026 – Vinhomes, Vietnam’s leading residential developer, is advancing a new generation of sustainable urban development with two landmark mega-projects located at the country’s northern and southern gateways.
As Vietnam emerges as a global investment destination, Vinhomes is pioneering a new generation of ESG++ cities designed for people, nature and the future.
Spanning a combined area exceeding 9,000 hectares, Vinhomes Green Paradise (2,870 hectares) in Can Gio, Ho Chi Minh City, and Vinhomes Global Gate Ha Long (6,200 hectares) in Quang Ninh province embody the company’s ESG++ philosophy, an approach that extends beyond conventional sustainability to actively regenerate nature while integrating smart urban governance and human-centered design.
A New Generation of Cities Where Growth and Nature Advance Together
As Vietnam strengthens its position as one of Asia’s fastest-growing investment destinations, attracting record levels of foreign direct investment and a new generation of international professionals, Vinhomes is pioneering an urban development model that positions nature restoration as the foundation of long-term economic resilience and social prosperity.
According to the World Economic Forum, resilient, nature-positive cities are becoming essential to long-term economic competitiveness as climate resilience, public health and quality of life increasingly influence investment decisions. The Urban Land Institute’s Emerging Trends in Real Estate reports consistently identify sustainability, wellness and resilient mixed-use communities as among the strongest drivers of real estate value creation worldwide.
Recognizing this shift, Vinhomes has embraced a philosophy that extends beyond conventional ESG implementation. The company believes sustainable prosperity requires continuously regenerating nature rather than simply preserving what already exists, a vision that has evolved into what it calls an ESG++ approach, combining environmental restoration, smart urban governance and human-centered development at an unprecedented scale.
Vinhomes Green Paradise: A Coastal Urban Wonder in the South
Situated beside the UNESCO-recognised 75,000-hectare Can Gio Mangrove Biosphere Reserve, Vinhomes Green Paradise became the first Official Participant recognised by New7Wonders for the global campaign “7 Wonders of Future Cities.” The 2,870-hectare development maintains an exceptionally low construction density of just 16%, allowing the majority of the masterplan to remain dedicated to greenery and water.
An 800-hectare natural seawater lagoon forms the ecological heart of the development, while its 121-kilometre shoreline creates one of the world’s most distinctive coastal urban landscapes. IoT, artificial intelligence and big data are embedded throughout governance, environmental monitoring and city operations to optimise sustainability and improve everyday urban management. The project integrates internationally benchmarked healthcare, education, senior living, culture, sports and entertainment into a comprehensive ecosystem designed to support every stage of life.
Vinhomes Global Gate Ha Long: A Waterfront Megacity in the North
Hundreds of kilometres to the north, Vinhomes is advancing the same philosophy at an even larger scale. Officially breaking ground in April 2026, Vinhomes Global Gate Ha Long spans more than 6,200 hectares, making it one of the largest coastal urban developments in Asia. Positioned directly alongside UNESCO World Heritage-listed Ha Long Bay, the project occupies one of the most extraordinary waterfront locations anywhere in the world.
Rather than maximising built density, the masterplan emphasises ecological regeneration. More than 2,500 hectares are dedicated to forests, wetlands and water landscapes, including 680 hectares of naturally filtered sea, 200 kilometres of white-sand coastline, and over 660 hectares of Globe Ha Long Forest Park, creating a vast regenerative ecosystem that complements the surrounding World Heritage environment.
The development is also envisioned to pursue the newly introduced ISO 37125 standard for sustainable urban development, reflecting an ambition to align with an emerging international benchmark for future ESG cities.
The project features a comprehensive “all-in-one” urban ecosystem: six residential districts, including exclusive island communities surrounded entirely by the sea, are complemented by seven globally benchmarked ecosystem clusters spanning culture, hospitality, retail, healthcare, education, sports and financial services.
Large-scale amenities include a 60,000-seat waterfront performance arena, the Wonder Theatre, an international convention centre, extensive hospitality facilities, international-standard golf courses, a world-class marina, an integrated shopping mall, professional sports facilities, Vinmec healthcare services, international education institutions, and a new central business district designed to attract global talent and investment.
The same integrated philosophy underpins Vinhomes Green Paradise, where ecological preservation, advanced technology and community wellbeing are designed to reinforce one another within a highly resilient coastal environment.
Collectively, these two mega-projects demonstrate how ESG can evolve beyond regulatory compliance to become a comprehensive framework for urban development, one capable of strengthening Vietnam’s international competitiveness not only as one of Asia’s fastest-growing economies but also as a destination for sustainable living and long-term investment. Instead of viewing environmental protection as a constraint on growth, Vinhomes positions nature restoration as the foundation of long-term economic resilience, social prosperity and global appeal.
Hashtag: #Vinhomes
The issuer is solely responsible for the content of this announcement.
About Vinhomes
Vinhomes is Vietnam’s largest residential real estate and integrated township developer. The company pioneers the development of synchronized, modern large-scale townships, delivering premium living standards and unlocking sustainable investment opportunities for domestic and international clients.
Arabian Post Staff -Dubai US President Donald Trump has made Saudi Arabia’s normalisation of relations with Israel a condition for advancing a newly signed civil nuclear cooperation agreement, adding a major diplomatic hurdle to a deal already facing scrutiny over uranium enrichment and safeguards. Trump said on Thursday that the agreement was “totally subject” to Riyadh joining the Abraham Accords, the US-backed framework that established diplomatic relations […]
Arabian Post Staff -Dubai US Secretary of State Marco Rubio said Washington remained willing to negotiate an end to the Iran conflict, but accused Tehran of showing no serious commitment to diplomacy as attacks and threats disrupted shipping through the Strait of Hormuz and Bab el-Mandeb. Speaking during a visit to Manila on Wednesday, Rubio said the United States was prepared to pursue a negotiated settlement if […]
Saudia and Garuda Indonesia have agreed to pursue a joint business partnership aimed at expanding passenger connectivity between Southeast Asia, Saudi Arabia and destinations across Europe, Africa and the Middle East.
The airlines signed a memorandum of understanding that establishes a framework for negotiating a future joint business agreement. The proposed arrangement would deepen their existing codeshare relationship and could allow closer coordination across schedules, sales, network planning and passenger services.
The partnership is expected to explore single-ticket journeys across the two carriers’ combined networks. Garuda Indonesia passengers could gain easier access to Saudia-operated destinations in the Middle East, Europe and Africa, while Saudia customers could connect through Garuda’s domestic network and services to Australia.
The carriers will examine coordinating flight schedules between Saudi Arabia and Indonesia to improve connection times and reduce lengthy transfers. They will also assess joint sales, marketing and distribution initiatives in markets where both airlines see opportunities for traffic growth.
Cooperation could extend to frequent-flyer programmes, airport services, technology systems and customer handling. The memorandum also places particular emphasis on services for Umrah and Hajj passengers travelling from Indonesia, one of the world’s largest markets for pilgrimage-related air travel.
Saudia Chief Commercial Officer Arved von zur Muehlen and Garuda Indonesia Director of Transformation Neil Raymond Mills signed the agreement. The ceremony was attended by Saudia Group Director General Ibrahim Al-Omar and Garuda Indonesia Vice President Director Thomas Sugiarto Oentoro.
Von zur Muehlen said the agreement reflected Saudia’s strategy of building commercial partnerships that strengthen its international network. He said the proposed cooperation would offer passengers greater flexibility between Indonesia, Australia and destinations served by Saudia across three regions.
Mills said the partnership carried strategic value beyond expanding flight networks. Improved access to the Middle East, Europe and Africa would support pilgrimage travel, family and community movement, business links and wider economic cooperation.
A joint business agreement would represent a deeper form of cooperation than a conventional codeshare. Codeshares allow airlines to sell seats on flights operated by a partner, while joint business structures can involve coordinated scheduling, pricing, sales and capacity planning, subject to regulatory approval.
Such arrangements allow airlines to extend their market reach without immediately adding aircraft or launching a large number of new routes. They can also improve aircraft utilisation and feed passenger traffic through major hubs. Regulators, however, generally examine these partnerships to ensure that closer coordination does not weaken competition or limit consumer choice.
The proposed partnership builds on the airlines’ membership of the SkyTeam alliance. Saudia joined SkyTeam in 2012, while Garuda Indonesia became a member in 2014. Alliance membership already supports shared passenger benefits, lounge access, priority services and frequent-flyer recognition across participating carriers.
Saudia operates from hubs including Jeddah, Riyadh, Dammam and Medina, connecting Saudi Arabia with destinations across Asia, Africa, Europe and North America. Its Jeddah hub is particularly important for religious travel because of its proximity to Makkah and its role as a gateway for pilgrims.
Garuda Indonesia’s network is centred on Jakarta and Bali, with domestic services covering major commercial centres and tourism destinations across the archipelago. Its international operations connect Indonesia with markets in Asia, the Middle East and Australia.
The agreement comes as Garuda expands commercial cooperation with overseas airlines during its continuing operational and financial restructuring. The carrier launched a codeshare partnership with Scandinavian Airlines in June, offering connections between Indonesia and Copenhagen, Stockholm and Oslo through hubs including Amsterdam and Tokyo.
Greater cooperation with Saudia could strengthen Garuda’s access to markets that are difficult to serve economically with direct flights. The arrangement could also help generate connecting traffic for domestic destinations beyond Jakarta, including cities that supply significant numbers of Umrah and Hajj travellers.
Indonesia and Saudi Arabia have sought to expand economic and transport ties alongside their strong religious and cultural links. Agreements between companies from the two countries valued at about $27 billion were announced in 2025 across sectors including clean energy, petrochemicals and aviation fuel services.
The United States and Saudi Arabia have signed a landmark civil nuclear co-operation agreement that could eventually allow the kingdom to enrich uranium, opening a new chapter in their strategic partnership while intensifying concerns over nuclear proliferation in the Middle East. US Energy Secretary Chris Wright and Saudi Energy Minister Prince Abdulaziz bin Salman signed the accord in Washington on Wednesday. The agreement, known as a Section […]
Arabian Post Staff -Dubai Airlines should adopt a globally consistent method for calculating and displaying flight emissions as travellers and corporate customers demand clearer carbon information, the International Air Transport Association has said. The industry body is pressing carriers, booking platforms, travel agencies and regulators to use comparable operational data rather than competing calculation models that can produce sharply different estimates for the same journey. The absence […]
A US federal judge has ordered Paramount Skydance to suspend its proposed takeover of Warner Bros. Discovery for at least 14 days, giving a coalition of states time to pursue claims that the transaction would unlawfully weaken competition across film, television and streaming markets. US District Judge Araceli Martínez-Olguín issued the temporary restraining order in Oakland, California, preventing the companies from completing or implementing the merger until […]
Arabian Post Staff -Dubai ExxonMobil has signed on as a Gold Sponsor of Angola Oil & Gas 2026, strengthening its position in the country as Luanda seeks billions of dollars in investment to sustain crude production and revive exploration. The conference will be held in Luanda on 9 and 10 September, bringing together energy companies, investors, financiers, service providers and policymakers. Angola is promoting an upstream investment […]
HONG KONG SAR – Media OutReach Newswire – 20 July 2026 – The four-day World Artificial Intelligence Conference 2026 (WAIC 2026) concluded successfully in Shanghai. During the event, Phancy showcased its full-stack AI cloud service platform and real-world industry applications, highlighting its AI infrastructure, model platforms, and commercialization cases across multiple sectors.
At the heart of the showcase was Phancy’s “Token Factory”, which demonstrated a complete closed-loop from technological innovation and engineering implementation to industrial empowerment. The exhibit received widespread acclaim from industry leaders, government and enterprise representatives, international guests, and major media outlets. A number of high-profile guests visited the booth, sparking in-depth discussions on innovation opportunities and development trends in the AI 2.0 era.
Building the “Token Factory”: Full-Stack Capabilities Driving Scalable Industrial Adoption
At WAIC 2026, Phancy centered its presentation on its full-stack AI cloud service platform, demonstrating the “Token Factory” and turning the vision of scalable, reusable and deployable AI productivity into tangible industrial capabilities.
At the infrastructure and foundational layer, Phancy’s HAMi (virtual heterogeneous GPU management and orchestration platform) and ModelHub XC (opensource model adaption and optimization platform) effectively addresses key industry pain points — including localized deployment of large models, efficient computing resource scheduling and large‑scale implementation. These solutions provide a solid foundation for industrialized AI production and strengthen the Token Factory’s core advantages in efficiency, stability, and scalability. Both technologies attracted significant attention at the event, drawing government officials, industry experts, and enterprise clients for demonstrations, consultations, and partnership discussions.
Core Production and Intelligent Applications
At the core production and application layer, Phancy highlighted its AGI platform Phanthy Pantheon and the self-evolving AI modeling tool PhanthyModel, both of which significantly lower the barriers to building advanced models. On the delivery side, the company introduced its cross-platform embodied agent framework PhanthyMotus, the AI coding agent PhanthyCode, and the AI-powered film production platform PhanthyMovie. These solutions enable seamless integration of AI capabilities into real-world operations across a wide range of industries.
From computing orchestration and model development to intelligent agent deployment, Phancy continues to connect computing resources, AI models, developers, and industry ecosystems, driving the stable and efficient transformation of AI technologies into practical, scalable industrial productivity.
Internationally Recognized as a Trusted Global Industrial AI Solution
In addition to its technology showcase, Phancy received significant international recognition at WAIC 2026. At the Global Industrial AI Cooperation Forum, in the presence of high-level guests including the UN Deputy Secretary-General, Brazil’s Minister of Public Service Management and Innovation, and academicians from the Chinese Academy of Sciences, Phancy was selected as a “Global Flagship Case in Industrial AI” and named among the first batch of “Trusted Global Industrial AI Solutions.”
This prestigious honor validates Phancy’s technological reliability, compliance and real‑world implementation capabilities in industrial AI, and marks strong international endorsement of the company’s AI engineering and commercialization strengths.
Building an Open Industry Ecosystem and Entering a New Era of AI 2.0
The successful conclusion of WAIC 2026 was not only a celebration of technological achievements but also a powerful platform for deep industry collaboration. As AI moves into the era of large-scale application, Phancy will continue to pursue technological innovation and open collaboration, further strengthening its full-stack AI cloud service system.
Looking ahead, Phancy will work closely with global developers, industry partners, and clients to bring the “Token Factory” into more real-world scenarios, making AI a true driver of industrial upgrading and high‑quality productivity.
Hashtag: #PhancyGroup
The issuer is solely responsible for the content of this announcement.
Microsoft energy executive Darryl Willis will speak at African Energy Week 2026 as governments and investors examine how artificial intelligence and data centres could reshape electricity development across the continent. Willis, Microsoft’s corporate vice-president for the energy and resources industry, is expected to address the links between AI, cloud computing, power generation and grid expansion at the conference in Cape Town from October 12 to 16. His […]
Citadel Securities has invested $400 million in cryptocurrency exchange Crypto. com, valuing the Singapore-based trading platform at $20 billion as established financial groups deepen their involvement in digital assets. The strategic investment will support Crypto. com’s expansion beyond cryptocurrency trading into tokenised securities, derivatives and other blockchain-based financial products. The transaction also gives the exchange a powerful institutional partner with extensive expertise in liquidity provision, pricing and […]
HKSTP Advances AI Industry with Tech Delegation at WAIC 2026
HONG KONG SAR – Media OutReach Newswire – 16 July 2026 – To celebrate the 105th anniversary of the founding of the Communist Party of China, Hong Kong Science and Technology Parks Corporation (HKSTP) today held the “Achievements of National Aerospace Endeavours” Thematic Exhibition Kick-off Ceremony cum Aerospace Experts Sharing Forum at Hong Kong Science Park, marking the opening of a seven-day roving exhibition.
Professor Sun Dong, Secretary for Innovation, Technology and Industry (middle); Mr Clement Woo, Under Secretary for Constitutional and Mainland Affairs (1st from right); Ms Cordelia Chung, Chairman of HKSTP (2nd from left); Ms Connie Wong Wai-ching, Standing Committee Member of the National Committee of the Chinese People’s Political Consultative Conference (CPPCC), Vice President of the Friends of Hong Kong Association (2nd from right), and Mr Terry Wong, Chief Executive Officer of HKSTP (1st from left), together with other distinguished guests, officiate at the kick-off ceremony for the “Achievements of National Aerospace Endeavours” Thematic Exhibition.
At the first stop of the roving exhibition, Hong Kong Science Park will host the exhibition at the Atrium Link from today until 22 July 2026, showcasing the nation’s major achievements in aerospace development, as well as the participation and contributions of Hong Kong’s research community in aerospace technology, space robotics and deep space exploration. It aims to enhance public understanding of the nation’s development and foster a stronger sense of pride, while inspiring young people to develop an interest in innovation and technology (I&T) and aerospace.
The ceremony was officiated by Professor Sun Dong, Secretary for Innovation, Technology and Industry, together with Ms Cordelia Chung, Chairman of HKSTP, and Ms Connie Wong Wai-ching, Standing Committee Member of the National Committee of the Chinese People’s Political Consultative Conference (CPPCC), and Vice President of the Friends of Hong Kong Association, alongside other distinguished guests, witnessing a new milestone in the nation’s aerospace achievements.
Professor Sun Dong, Secretary for Innovation, Technology and Industry, said in his remarks: “The inspiring story of Dr Lai Ka-ying becoming Hong Kong’s first astronaut is a vivid example of Hong Kong’s participation in the nation’s major scientific and technological missions, and a fruitful achievement of the great practice of ‘one country, two systems.’ Hong Kong’s R&D teams have long participated in and made active contributions to the nation’s deep-space exploration missions. For example, a team from the Hong Kong University of Science and Technology independently developed the Multi-Spectral Imaging Carbon Observatory (MUSICO), Hong Kong’s first scientific payload on the national space station to monitor greenhouse gas. Recently, Dr Lai and two other astronauts completed the in-cabin assembly and testing and extravehicular installation of MUSICO, which can accurately monitor greenhouse gases across the mid- and low-latitude regions on the Earth, providing critical data for the nation’s carbon peaking and carbon neutrality strategies. As we embark on a new journey, we must leverage I&T to empower Hong Kong’s social development, enhance governance efficiency, and better integrate into and serve the nation’s development. We will also uphold the spirit of space exploration of perseverance in the face of challenges to accelerate the development of Hong Kong into an international I&T centre.”
Connecting Hong Kong’s Research Strength with National Aerospace Development
In recent years, the nation’s aerospace endeavours have continued to make breakthroughs in areas ranging from deep-space exploration and satellite technology to space science research, opening up new possibilities across multiple scientific disciplines.
Leveraging its world-class universities, outstanding research talent, internationalised innovation ecosystem, and the unique advantage of close ties with the Mainland, Hong Kong is actively contributing to the development of the nation’s aerospace technology.
The exhibition presents the development and landmark achievements of the nation’s aerospace endeavours. It also demonstrates how Hong Kong research teams apply artificial intelligence (AI), robotics, space science and engineering research to support space exploration and related technology applications. Through this exhibition, industry stakeholders and members of the public can gain a deeper understanding of the city’s research capabilities and I&T talent.
Ms Cordelia Chung, Chairman of HKSTP, said, “This year marks the beginning of the nation’s 15th Five-Year Plan, with aerospace technology identified as a key area in building the nation into a leading science and technology power. Dr Lai Ka-ying, Hong Kong’s first payload specialist, travelled into space aboard the Shenzhou-23 spacecraft, realising Hong Kong’s aerospace dream and demonstrating strong recognition of the city’s research capabilities and I&T talent. HKSTP is honoured to serve as the first stop of the ‘Achievements of National Aerospace Endeavours’ roving exhibition. Looking ahead, we will continue to bring together talent and foster interdisciplinary, cross-regional and cross-sector collaboration. By supporting frontier R&D in areas such as aerospace technology, we aim to provide a broader platform for Hong Kong’s research talent and contribute Hong Kong’s strengths to the nation’s aerospace endeavours and pursuit of greater technological self-reliance.”
Ms Connie Wong, Standing Committee Member of the National Committee for the Chinese People‘s Political Consultative Conference (CPPCC), and Vice-President of Friends of Hong Kong Association, shared in her speech: “We believe that the cultivation of young talent is indispensable to technological innovation. Based on this philosophy, Friends of Hong Kong Association co-organised the Achievements of National Aerospace Endeavours Thematic Exhibition, encouraging the next generation to pursue careers in science and innovation and to be contributors to the nation’s I&T endeavours.”
Three Experts Share Insights on Frontier Trends in Space Technology
An Aerospace Experts Sharing Forum was held alongside the kick-off ceremony. Moderated by The Honourable Mr Duncan Chiu, Legislative Council Member for the Technology & Innovation Functional Constituency, the forum brought together three aerospace and space technology experts from local universities and the InnoHK research and development platform:
Professor SU Hui: Chair Professor of the Department of Civil and Environmental Engineering, Global STEM Professor, and Co-Director of the Institute for Space Science and Technology at The Hong Kong University of Science and Technology, and Founder of Stellerus Technology
Professor GAO Yang: Director of the Center for Artificial Intelligence and Robotics for Space Sustainability, Co-Director of the Institute for Space Science and Technology at The Hong Kong University of Science and Technology, and Director of the Hong Kong Space Robotics and Energy Centre under InnoHK
Professor WU Bo: Chang Xin Yu Professor of Space Science, Associate Director of the Research Centre for Deep Space Explorations at The Hong Kong Polytechnic University, and Associate Director of the InnoHK Hong Kong Centre for Space Robotics and Energy
Drawing on their respective areas of expertise, the three experts shared insights into the application of AI and robotics in space missions, key technologies involved in deep-space exploration, and the experience of Hong Kong research teams participating in national aerospace projects. They also explored space sustainability, the commercialisation of research outcomes and cross-regional collaboration, while encouraging young talent to pursue opportunities in aerospace technology.
HKSTP Leads Hong Kong Tech Firms to the World’s Largest AI Exhibition – WAIC 2026, Strengthening the AI Commercialisation Ecosystem
HKSTP has long supported the accelerated adoption of AI across industries to foster cross-sector collaboration and enhance productivity.
HKSTP, together with the Hong Kong Trade Development Council (HKTDC), Cyberport, and Hong Kong-Shenzhen Innovation and Technology Park Limited (HSITP), will lead a delegation of 18 Hong Kong tech companies to the 2026 World Artificial Intelligence Conference & High-Level Meeting on Global AI Governance (WAIC 2026). Taking place from 17 to 20 July at the Shanghai World Expo Exhibition and Convention Center, the delegation will showcase Hong Kong’s growing role as a global AI innovation hub and support the nation’s AI strategy. Six HKSTP park companies among the delegation will present solutions spanning humanoid robots, smart mobility, climate technology, AI agents, and generative AI.
Stellerus Technology Limited, founded by Professor SU Hui, leading the “MUSICO” (Multi-Spectral Imaging Carbon Observatory) project — Hong Kong’s first payload project deployed on the Tiangong Space Station — will present its latest AI-powered climate and meteorological solutions at WAIC 2026.
SUTPC Digital Technology (Hong Kong) Limited, a leading enterprise in the nation’s smart city and intelligent transport sectors, and NineRay Technology Limited, which specialises in the research, development and production of high-performance, productivity-oriented humanoid robotics, will also showcase their advanced solutions in the exhibition. By demonstrating how AI can empower business operations, urban governance and sustainable development, the Hong Kong delegation aims to promote human-AI collaboration and innovation.
“Achievements of National Aerospace Endeavours” Thematic Exhibition Date: 16–22 July 2026 Venue: Atrium Link, Hong Kong Science Park
2026 World Artificial Intelligence Conference & High-Level Meeting on Global AI Governance (WAIC) Date: 17–20 July 2026 Venue: Shanghai World Expo Exhibition and Convention Center, Shanghai, China Hong Kong Pavilion: Booth E101, Hall 2
Appendix: WAIC 2026 – List of 6 HKSTP tech entities (in alphabetical order)
JiHu GitLab Technology Limited
KNQ Technology Limited
NineRay Technology Limited
Robocore Technology Limited
Stellerus Technology Limited
SUTPC Digital Technology (Hong Kong) Limited
Hashtag: #HKSTP
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About Hong Kong Science and Technology Parks Corporation
Hong Kong Science and Technology Parks Corporation (HKSTP), established in 2001, has built a thriving innovation and technology (I&T) ecosystem in Hong Kong, supporting 13 unicorns, nurturing over 17,000 research talents, and hosting more than 2,400 technology companies from 26 countries and regions specializing in biomedicine, AI and robotics, fintech, and smart city development. HKSTP is dedicated to positioning Hong Kong as an international I&T hub.
To align with Hong Kong’s future development, HKSTP is committed to attracting and cultivating I&T talent, accelerating the commercialization of innovative outcomes, and providing comprehensive support for technology companies and professionals on their innovation journey. Its vibrant I&T ecosystem continues to grow, encompassing Hong Kong Science Park in Pak Shek Kok, InnoCentre in Kowloon Tong, and three InnoParks in Tai Po, Yuen Long, and Tseung Kwan O. These facilities drive advancements in applied technology, focusing on industries such as advanced manufacturing, micro- electronics, and biotechnology, steering Hong Kong toward new industrialization.
Hong Kong Science Park Shenzhen Branch, located in Futian, Shenzhen, leverages the strategic advantage of “support of the Motherland, connecting to the world.” It serves as a bridge for “bringing in and going global,” actively fostering cross-border I&T collaboration. The Shenzhen Branch supports global technology companies and professionals by providing research and collaboration spaces, with a focus on enterprises in seven key sectors: Medtech, big data and AI, robotics, new materials, microelectronics, fintech, and sustainable development.
HKSTP is dedicated to advancing Hong Kong’s I&T development by providing research infrastructure, startup and enterprise support services, professional investment and business expertise, fostering partnership networks, and attracting top talent. These efforts drive innovation as a new engine for economic growth for Hong Kong.
More information about HKSTP is available at www.hkstp.org.
Building Forever
