Wednesday, September 16

    PR Newswire

    The National Bank of Yemen (NBY), Yemen’s oldest and largest state-owned commercial bank, is releasing the Institute for Financial Integrity’s (IFI) Financial Integrity & Cross-Border Payment Training Program enterprise-wide, reaching an estimated 950 employees across 25 branches. This initiative comes at a pivotal moment for Yemen’s financial sector, as institutions across the region place growing emphasis on compliance standards to support cross-border payment channels and global trade. NBY has long served as a primary contributor to the country’s economic and social development, maintaining correspondent banking relationships that connect Yemen to the global financial system. By strengthening compliance knowledge across its branch network, NBY is continuing its commitment as a leader in this effort.

    HUMAIN, a PIF company delivering full-stack artificial intelligence capabilities globally, and Reflection AI, a frontier AI lab building open models, today announced plans to deploy Reflection’s models on HUMAIN’s AI infrastructure in Saudi Arabia following the release of the first model later this year. Unveiled at the LEAP conference in Riyadh, the announcement brings together HUMAIN’s growing AI infrastructure capabilities with Reflection’s advanced models. The planned initial deployment will make Reflection’s first generally available model available on Kingdom-based infrastructure, providing regional customers access to frontier intelligence on sovereign infrastructure. This also provides a foundation for the companies to explore a broader collaboration around sovereign AI deployment and compute.

    50 Best has unveiled its extended list of hotels ranked from No.51 to No.100, underscoring 50 Best’s commitment to recognising a broader spectrum of outstanding hospitality experiences. The list spans 23 different territories, 40 cities and includes 10 independent hotels. These hotels set the stage for the unveiling of The World’s 50 Best Hotels 2026 ranking in Paris on Tuesday 15 September.

    LG Electronics (LG) has officially announced Ms. Pooja Solomon Vishnu Kumar Ramchandani as the grand prize winner of its UAE-wide ‘Perfect Fit Kitchen Renovation’ campaign. The campaign invited customers who purchased LG built-in appliances worth AED 8,000 or more between June 15 and August 13 to enter a raffle. As the grand winner, Ms. Ramchandani will receive a kitchen transformation valued at AED 65,000, fully supplied and executed by Sultaco, the campaign’s official kitchen partner, in accordance with the campaign’s specified terms and conditions.

    Mech-Mind Robotics, a global-leading robobrain company, successfully listed on the Hong Kong Stock Exchange on September 1, 2026. Founded in 2016, Mech-Mind Robotics provides “Eye-Brain-Hand” standardized intelligent components and has deployed over 29,000 units globally. The firm’s market share in the global “AI+3D vision guided general intelligent robot components” market is about 22.1 percent, ranking first. Qiming Venture Partners held a 7.38 percent stake in the firm and is one of the leading investors.

    This marks the second consecutive year that HiTHIUM has maintained its TOP 2 status, underscoring the market’s recognition of its long-term commitment to energy storage, strategic focus on long-duration energy storage (LDES), and full-scenario integrated solution capabilities. According to InfoLink’s global energy storage supply chain database, global energy storage battery shipments reached 467.84 GWh in the first half of 2026, a year-on-year increase of 94.76%, reflecting the sector’s rapid and sustained expansion. Amid intensifying competition and shifting market demand toward large capacity, longer duration, high safety, superior performance, and high reliability, HiTHIUM has leveraged its integrated capabilities to achieve simultaneous improvements in scale and quality, solidifying its position among the world’s leading energy storage companies. Focusing on LDES to Build Integrated Competitive Moats.

    Green Food Pack Co., Ltd. (GFP), a professional packaging manufacturer specializing in customized food and beverage packaging, is expanding its innovative product portfolio with its rotating paper cups, also referred to as “rotating cups”, “spinning cups” or “spinner cups”, a distinctive packaging solution designed to combine beverage functionality with interactive brand communication. GFP’s rotating cups offer brands a creative way to make packaging more visually engaging while providing additional space for graphics, promotional messages, or storytelling. Unlike conventional simple double wall paper hot cups with fixed designs, the rotating paper cup incorporates an interactive outer structure that can be rotated to reveal different visual elements. Elements can include emojis, local landmarks, shop logos, and patterns, etc. This transforms the disposable coffee cups with lids from a simple beverage container into a dynamic communication platform, allowing brands to present multiple graphics, messages, or promotional concepts within a single unit.

    Trina Storage, a global leader in energy storage solutions and a business unit of Trinasolar, announced its participation in Middle East Energy 2026, taking place from 1–3 September at Dubai World Trade Centre, where it will officially launch and showcase its latest Elementa + Electra energy storage solution for the first time in the Middle East at the Storage Pavilion, Booth Z3. The Elementa + Electra is an integrated DC + AC utility-scale energy storage solution that combines the latest DC battery system, Elementa 3, with a 6.25 MWh capacity, and the 13.8 MVA AC platform Electra. By integrating the DC battery system and AC platform, the solution helps simplify system integration and streamline deployment for large-scale energy storage projects.

    From “leading in scale” to “quality-led transformative growth”, the shift currently affecting China’s auto industry was brought under the spotlight during the recent 2026 Automotive New Quality Productive Force Development Forum. Organized by China Economic Information Service and China Certification & Inspection Group, the event, held in Jiulongpo District of Chongqing, attracted a cohort of business representatives from the auto manufacturing and intelligent driving sectors.

    CyberLogitec, a subsidiary of Eusu Holdings and a provider of terminal operating systems (TOS) and logistics IT solutions, has signed an agreement to deploy its cloud-based OPUS Terminal M solution at Shuwaikh Port in Kuwait. The project forms part of a broader port digitalisation initiative being undertaken by Alghanim Specialities, a Kuwait-based infrastructure company. Under the agreement, CyberLogitec will provide OPUS Terminal M to support the digital transformation of terminal operations and improve operational efficiency at Shuwaikh Port.

    Hero Esports has always been about building moments that people want to experience together. CyberHero takes that philosophy beyond traditional esports and into a new category,” said Danny Tang, Co-founder and CEO of Hero Esports. “We’re starting in Riyadh because this iconic city is a meeting point between East and West,” Tang said. “That makes it a natural home for the first CyberHero event — a place where technology, talent and ideas from different parts of the world can converge.”

    RIYADH, Saudi Arabia and SUNNYVALE, Calif., Aug. 31, 2026 /PRNewswire/ — Applied Intuition Inc., the leading physical AI company, and HUMAIN, a PIF company delivering full-stack artificial intelligence capabilities globally, today announced a strategic collaboration to establish a foundational framework for autonomy at national scale, beginning with driverless trucks and expanding into robotaxis, ports, mining, and other industries. The collaboration brings together HUMAIN’s sovereign AI infrastructure in Saudi Arabia with Applied Intuition’s end-to-end physical AI stack for all industries, provided through a long-term commercial partnership.

    HUMAIN is now delivering production AI compute in Saudi Arabia powered by AMD Instinct™ MI355X GPUs, AMD EPYC™ CPUs and Cisco Silicon One-based AI networking to deliver the performance, scale and resilience necessary for next-generation workloads. AMD, Cisco and HUMAIN plan to deploy up to 250 MW of AI infrastructure as part of the next phase of the buildout beginning in 2027. Driven by strong customer demand, the AMD, Cisco and HUMAIN joint venture remains on track to deploy up to 1 GW of AI infrastructure by 2030.

    HUMAIN and KORA are developing the platform around a simple shift: Intent → Intelligence → Action. AI cannot simply be another application sitting on top of the desktop. Intelligence has to become part of the operating system itself. KORA brings deep operating-system & edge AI expertise, while HUMAIN brings the full AI stack, from models and agents to enterprise platforms and infrastructure. Together, we are building from the operating-system layer upward and rethinking what the personal computer can become when intelligence is part of the architecture from the beginning: from applications to intent, from intent to intelligence, and from intelligence to action.

    Together, HUMAIN and MinIO intend to build the world’s most advanced AI-native platform, enabling enterprises to unlock the full value of their data in the age of autonomous AI agents. The companies are partnering to build that ecosystem together, from the data and memory foundation up through the agents and intelligent applications that act on it.

    Think unveils Think Fabric™, a new approach to bare-metal, heterogeneous AI compute built for the age of efficiency. New platform brings together Think’s three core technologies: Node, ILM, and Constellation into a single, integrated ultra high-efficiency AI infrastructure solution. Think Fabric is the first bare-metal AI compute platform to enable heterogeneous high-performance AI compute with mixed silicon, providing greater efficiency, flexibility, and control. Think Fabric is on show at LEAP 2026 as part of Saudi Arabia’s next generation of AI infrastructure innovation.

    Think, the AI infrastructure company building for the Age of Efficiency, today announced Think Grid, a new global heterogeneous AI compute service giving enterprises, governments and AI-native organisations access to dedicated, high-performance AI compute without the capital expenditure or operational complexity traditionally associated with deploying and managing dedicated AI infrastructure. Think Grid makes the performance and efficiency of Think Fabric available as dedicated capacity through a simple monthly subscription. At launch, each Think Grid SuperNode combines four NVIDIA PRO 6000 Blackwell accelerators with 384GB of total VRAM, alongside Think’s proprietary ILM orchestration software, high-speed networking, storage, cooling, support and maintenance.

    RIYADH, Saudi Arabia, Aug. 31, 2026 /PRNewswire/ — Data Dynamics, a global leader in data management, announced Enterprise 2.0.5’s general availability at LEAP 2026. The release closes a gap entities hit while scaling AI: models pointed at unmapped data, agents granted standing access to content, and compliance teams proving control ‘after the fact’. As of 2026, 114 countries have enacted national data protection and privacy laws, touching 3 in every 4 citizens globally. An example of this is Saudi Arabia’s PDPL, enforced by the Saudi Data and Artificial Intelligence Authority (SDAIA), carries 48 enforcement decisions. SDAIA also sets the Kingdom’s AI strategy, so data and AI governance sit under one regulator, and the cost of inaction is rising on both fronts.

    Positioned as an All-Scene Smart and Rugged SUV, the XT80 is GAC’s “new off-road” creation, built on 29 years of automotive expertise and deep insights from 30 million family users. GAC chose ADIHEX as the launch platform for the XT80 in the Middle East to deeply integrate the brand spirit with Middle Eastern culture. In Middle Eastern culture, the falcon symbolizes courage, nobility, and wisdom, representing the spirit of conquering the wilderness and exploring distant horizons – a perfect match for the XT80’s off-road DNA.