Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.
Attovia Therapeutics, a portfolio company of Qiming Venture Partners and clinical-stage biopharmaceutical leader, successfully listed on the Nasdaq on August 5, 2026 Beijing time. Attovia Therapeutics (Nasdaq: ATTO) issued shares at a price of $17.00 per share and opened at $21.00 per share, with an approximate market capitalization of $904 million. Commencing operations in 2023, Attovia develops next‑generation biotherapeutics for immune‑mediated diseases with high unmet medical needs. All of Attovia’s product candidates are discovered on its ATTOBODY biologics platform, which is licensed under an exclusive worldwide license from Alamar Biosciences, also a portfolio company of Qiming Venture Partners. Leveraging an evolution‑based high‑throughput workflow, the platform enables rapid discovery of highly diverse candidates that can be assembled into monospecific, bispecific and trispecific biologics.
UnionPay International and Pesapal Partner to Boost Cross-Border Payments and Tourism in East Africa
“Through our partnership with Pesapal, merchants in Tanzania and Rwanda can now provide international visitors with a trusted and secure payment experience while benefiting from increased access to global consumer spending.”
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. For brokers embedding AI, the challenge is not simply speed but presenting information accurately and in context.
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).
Skye Africa Intelligence (Pty) Ltd (“Skye”) and the East, Central and Southern Africa Health Community (“ECSA-HC”) today announced a Memorandum of Understanding establishing a regional partnership to deploy AI-enabled health solutions across the ECSA-HC membership, announced on the sidelines of the 16th ECSA-HC Best Practice Forum, taking place from 2 to 7 August 2026 in Manzini, Eswatini.
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.
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.
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. 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. Mr. Zhou Hongliang, CEO of Wison Engineering, stated that the Abu Dhabi subsidiary serves as a key base for the company to establish a strong presence in the Middle East and reach out to the global market.
Discussing how to move innovation from the laboratory to commercial deployment, Li argued that real-world industrial settings should determine technology priorities. He cited partnerships with XCMG Group and Australian mining giant Fortescue as examples. Together they are creating integrated green value chains linking mines, railways and shipping—for example, using renewable energy to power electric locomotives and producing ammonia and methanol from renewable hydrogen for marine fuel. These system-level applications, Li said, create the real-world demand that drives innovation.
The Africa Business Investment Summit (ABIS) 2026 takes place on August 27-28, 2026, at MGM National Harbor, Washington DC Metro Area under the Patronage of His Majesty Otumfuo Osei Tutu II, King of the Asante Kingdom, in partnership with the Millennium Excellence. A gathering of investors, business executives, and African government officials will place approximately $4 billion in investment opportunities before global institutional capital, reflecting a growing interest in the continent as investors look beyond traditional developed markets for higher returns, diversification, and long-term growth. The Summit will open with a royal keynote from the Asante King Otumfuo Osei Tutu II, and feature institutional investors, private equity and private credit firms, multilateral development institutions, blended finance organizations, development finance institutions, sovereign representatives, policymakers, family offices, and business leaders to explore investment opportunities across infrastructure, mining, natural resources, agriculture, manufacturing, technology, energy, and other strategic sectors.
At the forefront is the Nexode Air 65W Charger, a compact yet powerful solution for MacBook Air users. Despite its pocket-size, it delivers up to 65W of stable fast charging. Beyond MacBook Air, it also provides ample power for iPhone, iPad, AirPods, and other Apple devices, making it a versatile companion for both work and travel. UGREEN also offers the Nexode Air 65W Charger Slim as an ultra-portable alternative, featuring a three-device charging capability for added convenience on the go. Both products are equipped with UGREEN’s Thermal Guard™ temperature control and offer broad compatibility across Apple devices, ensuring safe and reliable charging in a compact form.
Optimizing Streaming Performance Through Advanced Tencent Cloud Solutions
Broadcasting a global football tournament of this magnitude requires a resilient technology backbone capable of handling surging traffic, supporting millions of concurrent requests, and maintaining uninterrupted performance from the opening match to the final whistle. To meet these demands, tapmad partnered with Tencent Cloud to strengthen its streaming capabilities and ensure audiences across Pakistan could stay connected to every moment of the action.
Major live sports events require streaming platforms to manage significant spikes in viewership while maintaining a consistently high-quality and low-latency viewing experience. To support these demands, Tencent Cloud provided tapmad with Cloud Streaming Services (CSS), Content Delivery Network (CDN), and Media Processing Service (MPS). At the core of the solution, Tencent Cloud’s CSS delivered end-to-end live audio and video capabilities, including high-quality, low-latency broadcasting, transcoding, and global content distribution. Backed by Tencent Cloud’s global CDN, which spans more than 3,200 nodes worldwide and offers over 250 Tbps of bandwidth capacity, tapmad was able to seamlessly manage surges in viewership while maintaining stable performance and consistent streaming quality throughout the tournament.
Complementing these capabilities, Tencent Cloud Media Processing Service (MPS) optimized video delivery through advanced cloud-based media processing and transcoding, enabling smoother playback across a wide range of devices and network conditions. Together, these integrated solutions enabled tapmad to deliver a reliable and uninterrupted viewing experience, keeping millions of football fans across Pakistan
The first phase of South Africa’s largest wind farm cluster has entered commercial operation, marking a tangible step in the country’s Just Energy Transition. The Ummbila Emoyeni Wind Farm Phase one, developed by Seriti Green and powered by 25 Goldwind GWH182-6.2 MW smart turbines, has a total capacity of 155 MW. With a rotor diameter of 183.5 metres, it features the largest rotor diameter among all operational wind projects in South Africa to date. The commissioning ceremony was attended by South African President Cyril Ramaphosa, Chinese Ambassador to South Africa Wu Peng, Seriti Resources Group CEO Mike Teke and Seriti Green CEO Peter Venn, Goldwind Deputy Chairman and President Cao Zhigang and Business Vice President Wang Hai, alongside national, provincial and local government officials and community leaders.
Oxford ELLT Express enables eligible test takers to receive their English language test results within 12 working hours of completing all components of the Oxford ELLT. The service also provides same-day Speaking test appointments, letting students take a live speaking test with a human examiner with as little as two hours’ notice.
Together with the Group’s previously announced Chairman appointment, this appointment completes the Group’s core leadership and marks the formal establishment of Alif Holding’s governance structure and management team. Under the banner of “Building Intelligent Industries,” Alif Holding is intended to operate two integrated platforms — intelligent software and intelligent equipment — and, upon establishment, to develop, integrate and manufacture AI systems in the UAE across sectors including energy, oil and gas, ports, public safety, utilities, mining, transportation, smart cities and critical infrastructure. As Chief Executive Officer, Dr. Al-Mansory will direct the Group’s day-to-day operations and management.
Sungrow, the globally leading PV inverter and energy storage system (ESS) provider, has successfully commissioned the RESPITE Solar-plus-Storage Project in Sierra Leone, marking the country’s first major national-scale power generation project completed and connected to the grid in nearly a decade. The project features a total energy storage capacity of 35MWh and integrates 8 units of Sungrow’s PowerTitan Series ESS. Sierra Leone, one of the countries with the lowest electricity access rates globally, has long faced challenges from limited power infrastructure and unreliable electricity supply.
“WPS Office lets me draft something faster, then finish polishing it in a few clicks. It’s far more efficient than general AI tools,” said Nasser Almandhari, a UTAS student, citing the app’s translation feature in particular. “It gives me exactly what I want, and I don’t have to constantly switch between apps to get there.”
ABU DHABI, UAE, July 30, 2026 /PRNewswire/ — Robo.ai Inc. (NASDAQ: AIIO) (the “Company”) today announced the appointment of H.E. Dr. Ahmed Naser Al-Raisi, former President of INTERPOL, as Chairman of its proposed subsidiary, Alif Holding, an Abu Dhabi-headquartered intelligent industrial technology group (the “Group”), effective immediately. The appointment further strengthens the Group’s corporate governance and its security and compliance oversight. Under the banner of “Building Intelligent Industries”, Alif Holding is structured around two integrated platforms — intelligent software and intelligent equipment — and develops, integrates and manufactures AI systems in the UAE. Its business is centred on government and public-sector projects and mission-critical domains, spanning energy, oil and gas, ports, public safety, utilities, mining, transportation, smart cities and critical infrastructure, with systems engineered to meet the security, reliability and continuity standards required for government-grade deployments. Committed to technology neutrality and open architecture, and anchored in “Made in UAE” manufacturing, the Group is strongly aligned with the UAE National Strategy for Artificial Intelligence 2031; it will be based in the UAE, serve the GCC region and reach global markets.


