The enablement allows international UnionPay cardholders to seamlessly make in-store purchases using both contact and contactless (tap-to-pay) payment technologies. The rollout immediately expands UnionPay’s acceptance network by more than 3000 merchant locations across Tanzania and Rwanda, significantly strengthening payment acceptance across hospitality, retail, tourism, petroleum, and SME merchants. Through Pesapal’s acquiring network, the partnership represents one of UnionPay’s largest merchant acceptance expansions in East Africa, reinforcing its presence across two of the region’s fastest-growing digital economies.
LG Electronics (LG) is inviting consumers from around the world to visit its exhibition at IFA 2026 in Berlin, Germany, from September 4 to 8. Under the theme “Innovation in Tune with You,” LG will showcase its AI Home vision, powered by “Affectionate Intelligence,” through integrated solutions that orchestrate connected experiences across customers’ living spaces, lifestyles and everyday routines. At IFA 2026, LG will unveil the next evolution of its AI Appliances Orchestra concept, showcasing an expanded, AI-powered connected ecosystem that builds on the debut of the concept last year. The booth will bring products, services and AI-powered experiences together to illustrate how LG’s solutions can work in harmony to make life more convenient, personalized and efficient for European consumers.
Award-winning online trading platform Mitrade Group is rolling out an upgraded MitradeGPT model to traders across the Middle East and North Africa (MENA) after receiving Global Business Magazine’s 2026 AI Broker of the Year award. The launch comes as growing use of AI in financial research raises questions about the accuracy, context and reliability of generated information. That reliance is evident in HSBC’s 2026 research involving UAE investors. It found that 83% of respondents use AI for finance and investment decisions, including 78% who use it for analysis and research.
MIAX achieved strong financial performance in Q2 2026 with record net revenue, adjusted EBITDA, and adjusted earnings. Total net revenue grew 35% year-over-year to $141.1 million, adjusted EBITDA increased 57% to $76.8 million, and adjusted EBITDA margin expanded by more than 700 basis points to 54%. Adjusted diluted earnings per share was $0.48. The company’s options business benefited from elevated market volatility during the quarter, which led to a 25% year-over-year increase in average daily volume to 11.0 million contracts.
MIAX Exchange Group reports 26.3% increase in multi-list options ADV YTD. MIAX Exchange Group reached a record year-to-date (YTD) average daily volume (ADV) of 10.9 million contracts through July 2026, a 26.3% increase from the same period in 2025. Additional MIAX Exchange Group and MIAX Futures trading volume and market share information is included in the table below.
The Global Environment Facility (GEF) Council today announced the selection of Diego Mesa Puyo as the family of funds’ next CEO and Chairperson. Mesa Puyo, an international leader in energy policy, economic development, and sustainability, and former Minister of Energy and Mines from Colombia, will serve an initial term of four years, aligned with the GEF-9 funding period and the last sprint towards critical 2030 environmental goals.
Envision Energy, a global leader in green technology, today announced a collaboration with Sasol, a global energy and chemicals company, to advance the design study of a potential green hydrogen system at Sasol’s Sasolburg operations in South Africa. The collaboration marks an important step in exploring how future energy system can integrate renewable power, energy storage and electrolyser technologies to unlock new pathways to support the development of lower-carbon fuels and chemicals, including potential applications in eMethanol and sustainable aviation fuel (eSAF).
MondeVita acquired a strategic majority position in Underscore District, the Milan based brand accelerator behind Magliano, GR10K and multibrand retailer WOK Store. The deal is the second step in MondeVita’s plan to build a new Italian luxury platform, adding brand development, retail and digital commerce to the manufacturing strength the group already owns.
TONGWEI, a global leader in renewable energy and one of the world’s largest integrated photovoltaic manufacturers, has once again secured a place on the 2026 Fortune Global 500, ranking No. 464 globally. This marks the fourth consecutive year that TONGWEI has been included in the prestigious ranking, recognizing its strong manufacturing capabilities, business resilience, and continued growth in the global clean energy market.
LG Electronics (LG) has underscored its ongoing commitment to consumer trust and product reliability by highlighting the sustained availability of its OLED Care+ program. Designed to protect the investment of home entertainment enthusiasts, OLED Care+ includes a 5-Year Limited Panel Warranty, offering customers in the UAE, Oman, Qatar, and Bahrain reliable and worry-free screen coverage for the OLED evo G6, C6, and the Wireless W6 series.
China Petroleum & Chemical Corporation (HKG: 0386, “Sinopec”) has commissioned a specialty polyvinyl alcohol (PVA) resin facility with an annual production capacity of 50,000 metric tons at its subsidiary, Chongqing SVW Chemical Co., Ltd. The facility achieved stable operation during its initial startup and produced products that met quality specifications, with the first shipment already sent to Europe. The new facility increases the site’s total PVA production capacity to 210,000 metric tons per year, making it the world’s largest single-site production base for high-end PVA. The additional capacity will strengthen the supply of specialty materials used in photovoltaics, electronics, optical films, pharmaceuticals and other high-value applications.
The EverestAir addresses this with coverage up to 126m² and a CADR of 612 m³/h, powered by VortexAir™ Technology 3.0. Levoit’s Regional Business Director, Oscar Mei, stated: “GCC residents face persistent dust, seasonal pollen surges, and off-gassing from new furniture. The EverestAir was engineered for this environment—this is the comprehensive guardian families have been waiting for.”
On July 30, 2026, the opening ceremony for Wison’s Abu Dhabi subsidiary and its new office was held in Abu Dhabi, the capital of the United Arab Emirates. The new office was opened on the same day. Since establishing its first overseas office in Saudi Arabia in 2008, Wison has been actively involved in energy engineering projects across the Middle East, steadily building its regional market expertise and international project execution capabilities. The establishment of the Abu Dhabi subsidiary and the opening of its new office mark a significant step in Wison Engineering’s strategy to deepen its presence in the Middle East and advance its internationalization efforts.
NuSummit Cybersecurity today announced it has become a Founding Signatory of the CREST AI Charter, joining a group of leading cybersecurity organizations committed to promoting the responsible use of AI across the industry. Through this commitment, NuSummit Cybersecurity supports CREST’s Nine Principles for AI-Enabled Activities, ensuring its AI-enabled services are built and delivered with strong governance, security, human oversight and accountability. Clients don’t just want AI, they want AI that is accountable. That is why, as we embed AI deeper into our cybersecurity offerings, we treat governance and human oversight as non-negotiable. Becoming a Founding Signatory of the CREST AI Charter reflects the standard we set for ourselves, so that every AI-enabled solution we deliver is one that our clients can trust and depend on.
Fans gathered on the Champs-Élysées as the Esports World Cup 2026 celebrated creators, Clubs, players and communities through France’s largest free public celebration of gaming and esports.The festival featured the first public unveiling of an official Esports Nations Cup national kit, revealing Team France’s jersey, designed in collaboration with adidas, ahead of the inaugural tournament in Saudi Arabia this November. More national jerseys, including Saudi Arabia’s, will be unveiled in the lead-up to the competition.
Agthia Group PJSC reported its first-half and second-quarter of 2026 results, reflecting the growing impact of its multi-year transformation, with stronger cash generation, a materially healthier balance sheet, and a 14.4% increase in the interim dividend. Group Revenue increased 7.4% year-on-year to AED 2.6 billion, EBITDA climbed 35.8% to AED 310.5 million, and Net Profit reached AED 121.4 million. Group revenue for the second quarter increased 11.9% year-on-year to AED 1.3 billion, with EBITDA increasing 172.5% to AED 117.2 million. Free cash flow turned strongly positive at AED 521.4 million, and the Group cut its net debt-to-EBITDA to 1.8x.
Dr. Valerie Hillings said: “I am honoured to return to Abu Dhabi to complete the once-in-a-lifetime journey of founding and opening Guggenheim Abu Dhabi, a museum developed in the United Arab Emirates by colleagues from both the region and around the world. I look forward to welcoming local and global audiences to the magnificent Frank Gehry-designed building and inviting them to explore points of interconnection and unique stories through the lens of art from the 1960s to our time.”
Yazan Al Homsi, a venture capital investor and principal of Catalyst Wire and Founders Round Capital, holds an equity position in Aduro Clean Technologies and has pointed to the results as reinforcing his long-held view that contamination tolerance, not processing volume, is the central bottleneck in global plastic recycling.
Ajman Department of Tourism, Culture, and Media has achieved a new international milestone after receiving the ‘Star of Outstanding’ Recognition at the 2026 Global Challenge for World Heritage Education Innovative Cases (AWHEIC), organised by the World Heritage Institute of Training and Research for the Asia and the Pacific Region (WHITR-AP) in cooperation with UNESCO National Commissions. The Department was recognised for its ‘Promotional Stories’ initiative, which leverages storytelling to showcase cultural heritage and raise awareness of its significance, reflecting Ajman’s growing role in advancing innovative approaches in heritage preservation and education.
PCG Global, a clean energy platform focused on renewable energy infrastructure, has announced the closing of its Pre-Series A financing round, led by GenZero, a wholly owned Temasek platform focused on accelerating decarbonisation globally. The company was founded in Singapore by the team behind PCG Power, one of China’s leading distributed energy operators, with more than 2GW of operational assets. PCG Global draws on this track record to replicate a full-cycle “development–construction–operation–asset securitisation–reinvestment” model across international markets.
