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15 Tech Companies Showcase AI, Telecommunications, and Green and Construction Tech at HKSTP Pavilion HONG KONG SAR – Media OutReach Newswire – 16 April 2025 – The Hong Kong Science and Technology Parks Corporation (HKSTP) will lead a delegation of 15 innovative tech companies to GITEX Asia 2025, taking place from 23-25 April, 2025, at Marina Bay Sands in Singapore. The HKSTP Pavilion will highlight the breadth […]

10+ conceptual inventions from student teams of primary and secondary schools in Hong Kong were exhibited for the first time at the top international exhibition HONG KONG SAR – Media OutReach Newswire – 13 April 2025 – The Hong Kong Innovation and Invention(HKII), a project organised by the Hong Kong Exporters’ Association (HKEA), presented over 60 innovations by around 30 local innovation and technology companies and student […]

New industry survey reveals that 80% of respondents confirm venture capital firms in Dubai are actively seeking AI-driven startups, reinforcing the city’s position as a global hub for AI investment and technological innovation. The findings are part of the newly released Practical Guide to Dubai’s AI Ecosystem 2025, developed by Duamentes Global Alliance in collaboration with Dubai Silicon Oasis (DSO). The guide provides key insights into investment trends, AI adoption, […]

Artificial intelligence is increasingly becoming a cornerstone in pharmaceutical research, with numerous companies leveraging advanced algorithms to expedite drug discovery and development. This transformative approach aims to reduce the time and cost traditionally associated with bringing new medications to market. Exscientia, headquartered in Oxford, UK, has been a pioneer in integrating AI into small-molecule drug design. The company’s platform, Centaur Chemist, combines human expertise with AI to […]

Amazon.com Inc. is contemplating a substantial $15 billion investment to establish approximately 80 new logistics facilities across urban and rural areas in the United States. This initiative marks a significant shift from the company’s post-pandemic construction slowdown and aims to enhance its delivery infrastructure nationwide. The proposed expansion includes a mix of delivery hubs and large fulfillment centers equipped with advanced robotics technology. Amazon has invited potential […]

BEIJING, CHINA – Media OutReach Newswire – 9 April 2025 – A scene even science fiction has yet to depict—humans and humanoid robots running side by side in a half-marathon — will become reality on ​April 13 in Beijing E-Town. Every spring, marathons sprout across China like bamboo shoots after rain. In Beijing, the world’s only “Dual Olympic City” and a global hub for science and innovation, […]

New global thought leadership series spotlighting the HKSTP I&T powerhouse, uniting its soft power of visionaries to rally the world to keep up with Hong Kong’s innovation HONG KONG SAR – Media OutReach Newswire – 7 April 2025 – HKSTP’s Keep Up global brand campaign has taken the world by storm, reaching over 19 million people across 240+ destinations worldwide since its launch in July 2024—a testament […]

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World’s Pioneering Drone Solution Achieving Millimetre-level Precision Setting a New Benchmark for Smart Sites in Hong Kong HONG KONG SAR – Media OutReach Newswire – 7 April 2025 – ​The Hong Kong Productivity Council (HKPC), the Civil Engineering and Development Department, and the Hyder-Meinhardt Joint Venture have co-developed the “Autonomous Air-ground Cooperative Tunnel Inspector” in the Trunk Road T2 and Cha Kwo Ling Tunnel project. This system […]

The United Arab Emirates has reaffirmed its position as the global leader in Fibre to the Home connectivity, achieving a penetration rate of 99.3%. This marks the eighth consecutive year the nation has topped international rankings, surpassing technological hubs such as Singapore, Hong Kong, China, and South Korea. The FTTH Council’s latest annual report highlights this milestone, underscoring the UAE’s commitment to advancing its digital infrastructure.

The FTTH Council’s analysis encompassed data from 20 countries with FTTH availability exceeding 50%. Singapore secured the second position with a penetration rate of 97.1%, followed by Hong Kong at 95.3%, China at 92.9%, and South Korea at 91.5%. The UAE’s leading status reflects the nation’s strategic emphasis on developing next-generation digital infrastructure to support its economic and technological ambitions.

Central to this achievement is e& UAE, formerly known as Etisalat, which has played a pivotal role in enhancing the country’s connectivity landscape. The company has consistently invested in and developed world-class infrastructure for both 5G and fibre networks. Masood M. Sharif Mahmood, CEO of e& UAE, stated that the UAE’s proactive strategies and investments in fibre connectivity are a testament to the nation’s visionary leadership and its confidence to empower people to thrive in the digital age.

The UAE’s focus on fibre connectivity is integral to its broader digital transformation agenda. The nation has continuously invested in innovation and next-generation technologies to expand and enhance its infrastructure. This robust network forms the backbone of a digital ecosystem that supports various advanced technologies, including augmented reality, robotics, and artificial intelligence.

The high FTTH penetration rate offers tangible benefits to both consumers and enterprises. For consumers, it translates to high-speed internet access, facilitating seamless experiences in gaming, streaming, and other bandwidth-intensive applications. Enterprises, on the other hand, can leverage this infrastructure to support advanced use cases, applications, and technologies, thereby driving digital transformation across various sectors.

Beyond performance enhancements, fibre connectivity contributes to energy efficiency and sustainability goals. It is also critical in advancing hyperscalers, 5G Advanced, data centre connectivity, smart cities, and AI-driven initiatives. The UAE’s commitment to fibre connectivity aligns with its vision to become a global hub for innovation and technology.

Impressive technological applications win international praise, assisting enterprises in going global to explore more opportunities HONG KONG SAR – Media OutReach Newswire – 3 April 2025 – The Hong Kong Productivity Council (HKPC) debuted with a dedicated pavilion at Hannover Messe 2025 (Hannover Messe), showcasing a range of Hong Kong’s technological applications, which were highly regarded by international companies and investors. HKPC successfully showcased the impressive achievements […]

Dubai’s Roads and Transport Authority has entered into a strategic partnership with Uber Technologies Inc. and autonomous driving technology firm WeRide to introduce self-driving taxis to the city’s transportation network. This collaboration aligns with Dubai’s ambition to transform 25% of all journeys into autonomous trips by 2030, as part of its Self-Driving Transport Strategy.

His Excellency Mattar Al Tayer, Director General and Chairman of the Board of Executive Directors of RTA, emphasized the significance of this initiative, stating that the partnership represents a crucial step in advancing Dubai’s autonomous transportation goals. Noah Zych, Uber’s Global Head of Autonomous Mobility and Delivery Operations, expressed enthusiasm about the collaboration, highlighting the company’s commitment to integrating autonomous vehicles onto the Uber platform in Dubai, with WeRide as the initial technology partner.

WeRide, a Guangzhou-based autonomous driving company, has been expanding its global footprint. The firm previously launched a commercial robotaxi service in Abu Dhabi in December 2024, marking Uber’s first deployment of autonomous vehicles outside the United States. The expansion into Dubai signifies the second Middle Eastern city to feature WeRide and Uber’s autonomous ride-hailing service, further solidifying their presence in the region.

The collaboration will commence with pilot programs utilizing Uber’s technology to connect riders with WeRide’s autonomous vehicles, ensuring a seamless user experience. Details regarding the pilot program and subsequent phases are expected to be disclosed in the coming months. The initiative aims to enhance urban mobility by providing reliable and forward-thinking transportation solutions that align with Dubai’s vision for smart cities and future transport.

In addition to this partnership, RTA has been actively expanding its global collaborations with leading autonomous driving technology providers. The authority recently announced a partnership with Baidu’s Apollo Go to deploy autonomous taxis in Dubai, further advancing the city’s autonomous transportation objectives.

The introduction of self-driving taxis is anticipated to transform Dubai’s transport landscape by improving connectivity and reducing accidents. Trials for the autonomous vehicles are scheduled to commence this year, with a safety driver present during the initial phase. Commercial operations are projected to launch in 2026, contributing to the city’s goal of achieving 25% autonomous trips by 2030.

WeRide’s involvement in Dubai builds upon its global expertise in autonomous driving and complements Uber’s leadership in ride-hailing and mobility solutions. The partnership positions Dubai as a pioneering hub for smart transportation, leveraging advanced technology to enhance the city’s public transit system.

Dubai’s Roads and Transport Authority has entered into strategic agreements with Uber Technologies, WeRide, and Baidu’s Apollo Go to introduce autonomous taxi services in the emirate. These collaborations aim to integrate self-driving vehicles into Dubai’s transportation network, aligning with the city’s goal of making 25% of all journeys autonomous by 2030. Under the partnership, WeRide will deploy its autonomous vehicles through Uber’s platform in Dubai. WeRide, which […]

Highlights of the Annual Results for the Year Ended December 31, 2024: With rising demand for chips from AI technology-related industries, AI chip orders from Comtech continued to grow, driving the Group’s revenue up by 14.3% year-on-year to RMB10,129.1 million. The Group recorded a gross profit of approximately RMB889.4 million and a net profit of approximately RMB273.5 million. Profit attributable to equity shareholders of the Company was […]

HKSTP park company Laservall aims to advance high-precision laser technology with AI-driven automation, empowering advanced manufacturing through microelectronics innovation HONG KONG SAR – Media OutReach Newswire – 31 March 2025 – Laservall today announced a landmark HKD 300 million (USD 38 million) investment plan for the next five years. This strategic commitment focuses on R&D, manufacturing and technology enhancement, and tech talent development in Hong Kong. A […]

Global Footprint and B2C-B2B Synergies Drive Long-term Development Results Highlights Revenue surged by 71.7% to historical high of US$345.78 million. Net profit hit historical high and grew by 151.5% to US$19.04 million, net profit margin improved by 1.7 percentage points to 5.5%. The Board of Directors has recommended a final dividend of HK7.5 cents per share. The Business-to-Customer (B2C) YesStyle Platforms recorded revenue of US$265.64 million, up […]

The advent of robotic lawn mowers that operate without boundary wires is transforming garden maintenance, offering homeowners a blend of convenience and technological sophistication. Traditionally, these autonomous devices required the installation of perimeter wires to delineate mowing areas—a process often deemed cumbersome and time-consuming. The latest models, however, leverage advanced technologies such as GPS navigation, LiDAR, and artificial intelligence to map and maintain lawns with precision, eliminating […]

Autogo, a UAE-based autonomous mobility solutions provider under Kintsugi Holding, has commenced trials for its RoboTaxi service in Abu Dhabi, aiming for full-scale operations by 2026. The initial phase involves deploying several autonomous vehicles in select areas of the city, with plans to expand the fleet and coverage area in the coming years. These trials are conducted in close coordination with Abu Dhabi’s Integrated Transport Centre to […]

Norwegian robotics firm 1X Technologies is set to initiate in-home trials of its humanoid robot, Neo Gamma, deploying the units in several hundred residences by the end of 2025. Bernt Børnich, CEO of 1X, emphasized the significance of these trials in advancing household robotics, stating, “This is a pivotal step towards integrating humanoid robots into daily life, allowing us to understand and enhance their interactions within real-world […]

BLOCK71 Tokyo, its second office in Japan, opens at TAKANAWA GATEWAY CITY, the country’s latest global innovation hub. NUS collaborates with Japanese partners, who will invest about ¥1 billion to spur global venture creation. SINGAPORE – Media OutReach Newswire – 28 March 2025 – NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS), is expanding its presence in Japan with the launch of its […]

Tesla has announced plans to commence sales in Saudi Arabia next month, marking a significant expansion into the Gulf region’s largest market. The electric vehicle manufacturer will host a launch event in Riyadh on April 10 to showcase its lineup of electric vehicles and solar-powered products.

This development indicates a mending of relations between Tesla’s CEO, Elon Musk, and Saudi Arabia, following tensions that arose in 2018. At that time, Musk’s statement about securing funding to take Tesla private, allegedly involving Saudi Arabia’s Public Investment Fund , led to a dispute when the deal did not materialize. Subsequent legal proceedings revealed strained communications between Musk and PIF Governor Yasir al-Rumayyan. The recent rapprochement is highlighted by Musk’s virtual participation in Riyadh’s Future Investment Initiative summit and his appearance alongside al-Rumayyan and U.S. President Donald Trump at a high-profile event in New York.

The upcoming event in Riyadh will not only feature Tesla’s electric vehicles but also introduce innovations such as the autonomous driving technology “Cybercab” and the humanoid robot “Optimus.” While these products will be on display, the company has yet to announce their availability in the Saudi market.

Saudi Arabia’s electric vehicle sector is still in its early stages, with electric cars accounting for just over 1% of total car sales in 2024. Despite this, the kingdom has demonstrated a commitment to diversifying its automotive market. The PIF has invested over $1 billion in Lucid Motors, a competitor in the EV space, and is supporting the development of Ceer, a domestic electric vehicle brand.

Tesla’s entry into Saudi Arabia comes at a time when the company is facing challenges in other markets. In Europe, Tesla has experienced a 42.6% decline in sales this year, even as overall demand for electric vehicles grows. In the United States, the brand has been the target of protests related to Musk’s political engagements and his role in federal budget cuts.

The Saudi market presents both opportunities and challenges for Tesla. The nation’s expansive road networks and limited charging infrastructure, coupled with a consumer preference for large, gasoline-powered vehicles due to low fuel prices, may pose hurdles to widespread EV adoption. However, the government’s initiatives to promote electric vehicles and renewable energy align with Tesla’s mission, potentially facilitating the company’s growth in the region.

HONG KONG SAR – Media OutReach Newswire – 20 March 2025 – China Mobile International (“CMI”) hosted the AI+ Era Global Development Forum in Hong Kong on March 19. Distinguished guests included Li Huidi, Executive Vice President of China Mobile; Mu Chenhong, Deputy Director of the Information Center, Liaison Office of the Central People’s Government in the Hong Kong SAR; Wong Chi Kwong, Tony, JP, the Commissioner […]

BEIJING, CHINA – Media OutReach Newswire – 19 March 2025 – As AI transforms global industries, the transportation sector is undergoing notable change. Autonomous driving technology is rapidly scaling, with top companies like Google’s Waymo and Baidu’s Apollo Go leading the way. Waymo, a pioneer in autonomous driving, has launched commercial operations in four major U.S. cities, providing approximately 150,000 rides per week, which demonstrates its scalability. […]

Siemens, Europe’s largest industrial technology company, has partnered with Minima, a pioneer in decentralized blockchain technology, to integrate blockchain capabilities into its devices across the automotive, robotics, energy, and healthcare sectors. This collaboration aims to bolster data integrity and security in the rapidly evolving landscape of connected industrial systems. The partnership is facilitated through Siemens Cre8Ventures, an initiative dedicated to accelerating industrial transformation by collaborating with startups […]

Tesla, once the unchallenged leader in the electric vehicle market, is experiencing significant headwinds as sales decline and competitors gain ground. In January 2025, Tesla’s European sales plummeted by 45% compared to the same month in 2024, with only 9,913 units sold, down from 18,121. Germany, a pivotal market for Tesla, witnessed a staggering 76% decrease in sales, with only 1,429 vehicles sold in February 2025. This […]

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