UAE announces Google Gemini Is Now the Most Culturally Accurate AI for Arabs

The world’s first assessment to assess AI models’ alignment with Emirati identity and values

The UAE’s Artificial Intelligence, Digital Economy, and Remote Work Applications Office announced that Google Gemini has ranked first in the “AI in the Ring” Index,  the world’s first benchmark designed to evaluate how effectively AI language models reflect Emirati culture, dialects, traditions, and national values through a challenge centered on cultural intelligence within the UAE context.

Gemini earned the top ranking following a review of over 400 questions across 7 cultural dimensions and 5,200 generated responses from 11 major language models. A Committee of Emirati experts evaluated the outputs to identify which models demonstrated the strongest cultural understanding.

Following Gemini 2.5 Pro, the list of the top five high-performing models included: ChatGPT (OpenAI GPT-4o), ChatGPT (OpenAI o1), Cohere, and Grok.

His Excellency Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, emphasized that national identity remains a priority for the UAE, especially as digital transformation accelerates. Al Olama noted that emerging technologies must reflect and reinforce the country’s authentic values, ensuring that AI systems enhance save the UAE’s cultural heritage forward with clarity and respect. His Excellency stressed that innovation is strongest when it is anchored in the roots of a nation’s identity.

Underscoring the urgency of culturally grounded AI, less than 5% of Arabic content worldwide exists in digital form, while 48% of Generation Z now relies on AI as their primary source of information, a reality that makes training models on accurate, UAE-relevant cultural data essential to safeguarding national heritage for future generations.

Full report link available here: : https://ai.gov.ae/wp-content/uploads/2025/11/AI-in-the-Ring-Nov28-2PM.pdf

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Contacts

Sara AlQarout

salqarout@apcoworldwide.com

AHF: Ghana and DRC Presidents Call for Regional Health Leadership and Sustainable Financing in Africa at AIDS Conference (ICASA 2025)

 (BUSINESS WIRE)--The AIDS Healthcare Foundation (AHF) Global Public Health Institute, in collaboration with The Society for AIDS in Africa (SAA), will host a High-Level Summit on Regional Health Leadership and Sustainable Financing in Africa immediately following the opening ceremony of the International Conference on AIDS and STIs in Africa (ICASA 2025) on Dec. 3 in the H.E. John Dramani Mahama room at the Accra International Conference Centre.

Aligned with the Africa CDC’s New Public Health Order and the African Union’s Agenda 2063, the summit will unite heads of state from Ghana and the Democratic Republic of the Congo, ministers of health and finance, development partners, parliamentarians, civil society, and private sector leaders to advance dialogue and commitment toward a more equitable, self-reliant health future for Africa.

Building on decades of experience in tackling the HIV epidemic, African leaders and global health partners will explore lessons learned from the continent’s HIV response to shape sustainable, inclusive pandemic prevention, preparedness, and response and health financing models.

“Sustainable health financing and regional production are not just political priorities—they are imperatives for Africa’s health security and prosperity,” said Dr. Jorge Saavedra, Executive Director of the AHF Global Public Health Institute. “This Summit underscores the need for bold leadership, innovative financing, and cross-sector collaboration to secure the continent’s health future.”

The summit’s Presidential Fireside Chat will feature H.E. John Dramani Mahama, President of the Republic of Ghana, and H.E. Félix Tshisekedi, President of the Democratic Republic of the Congo, moderated by Dr. Michel Sidibé, AU Special Envoy for the African Medicines Agency.

The Presidential Fireside Chat will be followed by a ministerial-level dialogue on Sustainable and Innovative Health Financing, featuring Prof. Muhammad Ali Pate (Nigeria), Dr. Pakishe Aaron Motsoaledi (South Africa), Hon. Dr. Samuel Roger Kamba (DRC), Hon. Dr. Benjamin Houkpatin (Benin), Dr. Jean Kaseya (Africa CDC), and Hon. Dr. Cassiel Ato Baah Forson (Ghana), moderated by Dr. Penninah Iutung, AHF. The session on Leadership, Community, and Science – Regional Production will bring together Dr. Mohamed Janabi (WHO AFRO), Dr. Nicaise Ndembi (IVI), Allan Maleche (KELIN), Dr. Ana Beatriz Amaya (UNU-CRIS), Prof. Morenike Ukpong (SAA), and Dr. Benjamin Djoudalbaye (Africa CDC).

Alongside the summit, AHF will host two engaging fireside chats at its ICASA 2025 exhibition booth.

Advancing Regional Health Leadership and Sustainable Financing (Thursday, Dec. 4 at 11:45 a.m. GMT at Booth 8): This session brings together public health leaders, advocates, and community partners for a practical discussion on strengthening Africa’s health security through sustainable financing, regional manufacturing, and community action, giving delegates clear, collaborative paths toward a more resilient health future.

Prevention First – Condoms, STI Control & Balanced Biomedical Messaging (Saturday, Dec. 6 at 12:35 p.m. GMT at Booth 8): Amid rising STI rates worldwide, panelists will explore how to balance biomedical tools such as pre-exposure prophylaxis and treatment as prevention with behavioral strategies, including condom use and community-led awareness, and highlight AHF’s prevention programs and advocacy efforts across Africa.

AIDS Healthcare Foundation (AHF), the largest global AIDS organization, currently provides medical care and/or services to over 2.7 million clients in 50 countries worldwide in Africa, the Americas, the Asia/Pacific Region and Europe. To learn more about AHF, please visit our website: www.aidshealth.org, find us on Facebook: www.facebook.com/aidshealth and follow us on Twitter: @aidshealthcare and Instagram: @aidshealthcare

The AHF Global Public Health Institute develops and advocates for evidence-based policy change to create a more equitable and effective global health architecture. With a focus on infectious diseases and health systems, our work addresses critical gaps in global health security, equity, governance, law, and finance. The AHF Global Public Health Institute is part of the AIDS Healthcare Foundation. Visit our website for more information: ahfinstitute.org

 

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Contacts

AFRICA MEDIA CONTACTS:

Ngaatendwe Murombedzi

Regional Advocacy & Policy Manager,

Southern Africa, AHF

ngaatendwe.murombedzi@ahf.org

Diana Tibesigwa

Regional Advocacy & Policy Manager,

East & West Africa, AHF

+256.704.723.804

diana.tibesigwa@ahf.org

U.S. MEDIA CONTACTS:

Ged Kenslea

Senior Director, Communications, AHF

+1 323.308.1833 work +1.323.791.5526 mobile

gedk@aidshealth.org

Denys Nazarov

Director of Global Policy &

Communications, AHF

+1.323.308.1829

denys.nazarov@ahf.org

Nigeria Welcomes First Wave of St. Kitts and Nevis Delegation Following Landmark Visa-Free Agreement

 

ABUJA, Nigeria - Thursday, 27. November 2025

 

PRESSER PHOTO - The Honourable Dr. Geoffrey Ian Hanley, Deputy Prime Minister, The Honourable Samal Mojah Duggins, Minister of Agriculture, The Honourable Lanien Blanchette, Speaker of the National Assembly

(GLOBE NEWSWIRE) -- Nigeria yesterday welcomed an official government delegation from St. Kitts and Nevis, just weeks after the two nations achieved a historic milestone: granting visa-free entry to citizens of St. Kitts and Nevis. The visit was facilitated in partnership with Aquarian Consult, underscoring the role of private sector leadership in advancing Afri-Caribbean Cooperation.

This groundbreaking agreement makes the Caribbean nation the first outside Africa and ECOWAS to enjoy unrestricted access to Nigeria, signalling a new era of connectivity and cooperation among the Global African people.

Led by Minister of Agriculture, Samal Mojah Duggins, the 20-member senior delegation also includes the Deputy Prime Minister, Dr. Geoffrey Ian Hanley, and Speaker of the National Assembly, Lanien Blanchette. With high-level government and private sector meetings on the agenda, the visit signals a bold commitment to accelerate diplomatic and economic ties after this landmark policy shift, an example of how Global African communities can unite for shared progress.

The breakthrough was brokered by Nigerian business leader, Aisha Maina, CEO of Aquarian Consult, whose leadership during the Afri-Caribbean Investment Summit (AACIS ’25) was instrumental in driving this agreement forward.

“This is more than a policy change, it’s a signal to the world that Africa and the Caribbean are ready to collaborate on trade, investment, and cultural exchange,” said Aisha Maina. “Global investors should take note: this is the beginning of a powerful alliance built on the strength of Global African people.”

The delegation’s arrival highlights opportunities in sectors such as agribusiness, technology, and creative industries. Both nations are advancing discussions on food security, cultural exchange, and youth empowerment, with expanded outcomes expected at AACIS ’26 in Abuja next March.

St. Kitts and Nevis Minister of Agriculture, Samal Mojah Duggins, said: “This partnership represents a bold step toward a future where Africa and the Caribbean collaborate as equals in trade, culture, and innovation, uniting global African efforts for shared prosperity.”

For global business leaders, this development signals new opportunities in South-South cooperation, leveraging Nigeria’s role as Africa’s economic gateway and St. Kitts and Nevis’ strategic Citizenship by Investment program.

 

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/82ba0ee3-ed7e-4f9b-b6c0-b6c147d49495

Contacts :

Media Contact:
Serumun Ubwa
Serumun.ubwa@aquarianconsult.com

VSO Unveils VCP v1.0, a First-of-Its-Kind Cryptographic Audit Protocol to Restore Trust in AI-Driven Markets

 

TOKYO - 

New open standard replaces opaque server logs with mathematically verifiable evidence, helping market participants meet EU AI Act and MiFID II transparency requirements

 

(BUSINESS WIRE)--The VeritasChain Standards Organization (VSO), an independent international standards body, today announced the global release of VeritasChain Protocol (VCP) v1.0, an open cryptographic audit protocol designed to provide mathematically provable transparency for AI‑driven and algorithmic trading systems.

VCP replaces mutable server logs with a tamper‑evident chain of cryptographic evidence, enabling regulators, brokers, exchanges and trading firms to move from trust‑based oversight to verification‑based supervision.

Why This Matters Now

The launch of VCP v1.0 comes at a pivotal moment for global market infrastructure:

More than 80 proprietary trading firms collapsed between 2024 and 2025 amid regulatory scrutiny, opaque execution models and frozen payout disputes, leaving a trust gap between traders and platforms.

Regulators worldwide are tightening expectations around algorithmic accountability — from U.S. enforcement actions against high‑risk retail FX schemes to the EU AI Act (high‑risk AI obligations effective in 2026) and MiFID II RTS 25/27/28 reforms on timestamp integrity and best execution.

Algorithmic trading is estimated to exceed USD 20 trillion in annual notional volume, yet much of its decision‑making and execution remains difficult to audit in a rigorous, forensics‑grade way.

VCP addresses this structural “crisis of trust” by providing an immutable, end‑to‑end audit trail from AI signal generation and risk checks through to final execution.

About the VeritasChain Protocol (VCP)

VCP v1.0 introduces a regulation‑aligned audit architecture built on four foundational pillars.

1. Cryptographic Chain of Evidence

VCP creates an append‑only audit trail in which any insertion, deletion or modification becomes cryptographically detectable.

This is achieved through modern cryptographic and industry standards, including:

Time‑ordered identifiers (UUIDv7)

Canonical JSON data formats (RFC 8785)

Hash chains and Merkle trees (RFC 6962)

Digital signatures using Ed25519

Together, these mechanisms ensure that tampering cannot occur without immediate detection.

2. Full Lifecycle Logging

Standardized event types (including SIG, ORD, ACK, EXE, REJ, CXL) capture AI signals, governance metadata, risk checks, orders and executions in a unified model. This provides complete traceability from decision to outcome across heterogeneous trading systems.

3. Precision‑Safe Data

All monetary and quantitative values are stored as strings rather than floating‑point numbers, eliminating IEEE‑754 precision errors and ensuring audit‑grade numerical accuracy in legal and regulatory contexts.

4. Tiered Compliance Framework

VCP defines three implementation tiers to match different infrastructure profiles:

Platinum – For exchanges and HFT environments, with PTPv2 time synchronization, nanosecond timestamps and SBE (Simple Binary Encoding).

Gold – For institutional brokers and buy‑side firms, using NTP, microsecond precision and JSON transport.

Silver – For retail and prop‑style environments, using best‑effort clock sync and non‑invasive sidecar logging suitable for MT4/MT5, white‑label platforms and other hosted systems.

Aligned With Global Regulations

VCP is designed as “compliance by design,” aligning with major regulatory regimes rather than treating reporting as an afterthought.

EU AI Act (High‑Risk AI)

The VCP‑GOV module records model identifiers, hashes, decision factors, confidence scores and human approval metadata. This helps firms meet Articles 12 (record‑keeping) and 13 (transparency) for high‑risk AI systems by providing a machine‑readable evidence trail for AI‑driven trading and risk engines.

MiFID II (RTS 25/27/28)

An explicit ClockSyncStatus field, together with immutable execution, slippage and latency attributes in VCP‑TRADE, supports clock‑synchronization requirements under RTS 25 and provides cryptographic evidence for best‑execution monitoring under RTS 27/28.

GDPR (Right to Erasure)

The VCP‑PRIVACY extension supports crypto‑shredding patterns, in which personal data is encrypted with per‑subject keys and erasure requests are satisfied by key destruction. This preserves the integrity of the audit chain while making encrypted personal data irretrievable.

Who VCP Serves (Pain to Solution)

Exchanges & Dark Pools

Pain: Suspicion of internalization or front‑running, opaque matching logic.

Solution: Cryptographic proof of price‑time priority and matching behavior without exposing full order‑book details.

FX/CFD Brokers and Market Makers

Pain: Slippage disputes, questions around best execution and execution venues.

Solution: Immutable evidence of execution prices, timestamps, slippage and latency, plus regulatory‑grade reporting feeds.

Proprietary Trading Firms & Retail Infrastructure Providers

Pain: Payout controversies, shutdowns and an industry‑wide collapse in trader trust.

Solution: Verification dashboards, VCP‑authenticated audit trails and cryptographic evidence that orders are handled according to disclosed rules.

Regulators & Supervisors

Pain: Incomplete, inconsistent or tamperable logs that complicate investigations.

Solution: Real‑time, machine‑readable, cryptographically anchored audit streams that reduce the cost and time required for forensic reconstruction.

Milestones Announced Today

As part of the v1.0 launch, VSO is announcing the following resources and programs:

VCP v1.0 Specification released in English, Japanese and Chinese

VCP Explorer API v1.1, providing Merkle proof verification and digital audit certificates

VC‑Certified program, opening registration for organizations seeking technical compliance certification

Three pilot integrations (including a brokerage and a prop trading firm, under NDA) adopting the Silver Tier implementation model

Open‑source SDKs published on GitHub for multiple languages

Certification Scope Clarification (Important)

VC‑Certified is a technical compliance certification for conformance with the VeritasChain Protocol specification only.

It does not constitute, and must not be interpreted as, an assessment or endorsement of any certified entity’s:

Financial soundness

Regulatory status or licensing

Business practices or risk management

Investment quality or suitability

This clarification is consistent with VSO’s strict non‑endorsement and neutrality policy.

About VeritasChain Standards Organization (VSO)

The VeritasChain Standards Organization (VSO) is an independent, international standards body dedicated to establishing transparency, fairness and security in global algorithmic trading markets. Under the mission “Encoding Trust in the Algorithmic Age,” VSO develops and maintains the VeritasChain Protocol (VCP) and aligns its work with ISO/TC 68 financial‑services standards. Headquartered in Tokyo, VSO brings Japan’s regulatory discipline to global market infrastructure.

Website: https://veritaschain.org

GitHub: https://github.com/veritaschain

Press Kit: https://veritaschain.org/press

 

 

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Contacts

 

Media Contact

VeritasChain Standards Organization (VSO)

Email: media@veritaschain.org

LambdaTest and SVAM International Inc. Announce Partnership to Transform Quality Engineering for Businesses

 The alliance empowers enterprises with accelerated SDLC cycles, reduced testing effort, and modern AI-driven digital transformation capabilities

 

(BUSINESS WIRE)--LambdaTest, a Gen-AI native quality engineering platform, announced a partnership with SVAM International, Inc., a global leader in digital transformation services. This strategic alliance marks a significant step forward in their mission to transform quality engineering for businesses worldwide.

The partnership allows LambdaTest to extend its AI-native quality engineering capabilities into SVAM’s extensive digital transformation ecosystem. By integrating with SVAM’s experience in large-scale application development, testing, and delivery across major New York State and City agencies, as well as their platform expertise across Salesforce, ServiceNow, and Dynamics365, LambdaTest will empower more enterprises to modernize their software delivery pipelines. With LambdaTest’s intelligent test orchestration and execution engine at the core, teams can test smarter, accelerate release cycles, and achieve faster time-to-market at scale.

Founded in 2017, LambdaTest is headquartered in San Francisco, CA. With a global presence across the USA, UK, India, the Philippines, and the UAE, the platform supports over 2 million users across 132+ countries, including 10,000+ enterprises and 3,000+ browsers.

Founded in 1994, SVAM operates through four global centres in the USA, Mexico, Canada, India and Bangladesh, with 800+ consultants. SVAM has partnered with Anthropic, Microsoft, Oracle, IBM, Tanium, Elastic, etc. SVAM is a CMMI ML3 DEV 2.0, ISO 9001:2015, and ISO 27001:2022 organization. AI is a major focus area for the company, for development and testing.

"This strategic partnership with SVAM marks a significant milestone in expanding LambdaTest’s AI-powered testing capabilities to a global scale," said Sudhir Joshi, VP - Alliances & Channels, LambdaTest. "By integrating our cutting-edge AI-native quality engineering platform with SVAM’s deep expertise in digital transformation, we are enabling businesses to drive faster, smarter, and more cost-effective software delivery across industries.”

“At SVAM, we recognize that delivering high-quality software is essential for our clients’ critical programs. This partnership with LambdaTest allows us to integrate advanced AI-powered testing capabilities into our digital solutions, ensuring faster, smarter, and more reliable software delivery. By combining SVAM’s deep expertise in digital transformation with LambdaTest’s innovative and cutting-edge quality engineering platform, we are empowering businesses to accelerate their digital journeys with confidence and efficiency,” said Anil Kapoor, Founder and CEO of SVAM International Inc.

Through this partnership, LambdaTest’s AI-native quality engineering technology will be integrated into SVAM’s digital solutions framework, enabling enterprises to significantly reduce SDLC timelines while improving software quality and lowering effort and cost. By combining SVAM’s digital transformation expertise with LambdaTest’s intelligent, AI-powered testing capabilities, businesses can modernise their development processes and fully leverage the benefits of next-generation AI tooling.

About LambdaTest:

LambdaTest is a GenAI-powered Quality Engineering Platform that empowers teams to test intelligently, smarter, and ship faster. Built for scale, it offers a full-stack testing cloud with 10K+ real devices and 3,000+ browsers.

With AI-native test management, MCP servers, and agent-based automation, LambdaTest supports Selenium, Appium, Playwright, and all major frameworks. AI Agents like HyperExecute and KaneAI bring the power of AI and cloud into your software testing workflow, enabling seamless automation testing with 120+ integrations.

LambdaTest Agents accelerate your testing throughout the entire SDLC, from test planning and authoring to automation, infrastructure, execution, RCA, and reporting.

For more information, please visit https://lambdatest.com

About SVAM:

SVAM International Inc. is a global Information Technology (IT) services provider that delivers digital Transformation solutions to businesses across various industries. With three decades of experience, SVAM offers a wide range of services, including IT consulting, Application Development, Cybersecurity, Agentic AI/RPA, Managed IT Services, and more.

For more information, please visit https://svam.com/

 

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Contacts

press@lambdatest.com

SkySparc Strengthens Middle East Presence With New Dubai-based Entity

 Expansion supports long-term engagement with clients and prospects across the region

 

(BUSINESS WIRE)--SkySparc, a trusted global provider of digital transformation solutions for treasury and finance organizations, today announced the establishment of a new presence in Dubai. SkySparc will deepen its engagement across the Middle East, leveraging the firm's recent acquisition of Inovotek Solutions and its current relationships with financial institutions throughout the region.

The Dubai entity represents a strategic step aligned with SkySparc's planned expansion into a number of new jurisdictions, including the Middle East. This local foundation enables closer collaboration with clients and enhances visibility as a gateway to broader regional markets. For organizations seeking tailored support and direct access, this regional hub provides a dedicated point of contact for both current relationships and new opportunities.

For many years, SkySparc has maintained a footprint regionally, working with several financial institutions. Having local representation allows direct engagement with established clients while supporting opportunities across capital markets, treasury, and broader financial institutions. The commitment reflects SkySparc's focus on cultivating long-term partnerships and delivering consultancy services tailored to each client's operational requirements.

SkySparc's approach is characterized by independence and vendor-agnostic positioning. The firm brings senior, end-to-end expertise across delivery, testing, data integration, and transformation programs. As a privately owned organization, SkySparc maintains the flexibility to design cost-efficient, tailored programs that address specific client needs. SkySparc's proprietary platform OmniFi enhances delivery through automation, testing capabilities, and data accelerators that support trading operations and treasury functions. By connecting and unifying data across systems, OmniFi creates the foundation for smarter, AI-driven insights and decision-making.

"Establishing our presence in Dubai is a natural progression in SkySparc's growth strategy," said Joakim Wiener, CEO of SkySparc. "This is a strategically important market where we have built strong relationships over many years, particularly with central banks. This expansion enables us to deliver the deep domain expertise and advanced technology capabilities our clients need to drive digital transformation across capital markets and treasury operations."

"I am excited to be on the ground in Dubai and to work directly with financial institutions," said Karim Yahia, Managing Director UK & AME, Head of Capital Markets at SkySparc. "With 30 years of experience in capital markets transformation, I look forward to meeting clients and prospects face-to-face, understanding their specific challenges, and demonstrating how SkySparc's end-to-end expertise can support their strategic objectives. Having this foundation makes all the difference in establishing trusted, long-term partnerships."

This expansion reinforces SkySparc's momentum following the acquisition of Inovotek Solutions. It expands the firm's geographic footprint and creates new pathways for collaboration with clients across these sectors. SkySparc continues to invest in its global capabilities while maintaining the personalized, client-focused approach that has defined the firm since its founding in 2002.

About SkySparc

SkySparc is a leading provider of digital transformation solutions for finance and treasury organizations worldwide. Combining deep domain expertise with its proprietary platform OmniFi, SkySparc helps treasurers, CFOs, and capital markets professionals globally automate processes, improve cash visibility, and gain actionable insights through AI and advanced analytics. Founded in 2002, SkySparc is trusted by leading corporates and financial institutions across Europe, North America, and Asia. For more information, visit www.skysparc.com or follow us on LinkedIn.

 

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Contacts

For SkySparc

Cathrina Henriksen Cabrera

Head of Marketing and Communications

Tel: +33 6 289 874 24

Email: cathrina.henriksen@skysparc.com

Karim Yahia

Managing Director UK & AME, Head of Capital Markets at SkySparc

Tel: +44 7960 196055

Email: karim.yahia@skysparc.com

 

Stronghold’s SHx Token Lists on Uphold

 SAN FRANCISCO 

Multi-Chain Expansion Accelerates With New Listing on a Trusted Platform Supporting Both Stellar and Ethereum

 

(BUSINESS WIRE)--Stronghold announced that its SHx token is now available for retail users to trade on Uphold, the global multi-asset digital money platform known for its transparency, regulatory alignment, and seamless support for assets across both the Stellar and Ethereum networks. The listing marks a major milestone for SHx, expanding access for users and businesses who rely on Stronghold’s token for payments, settlements, and governance participation.

"Uphold is one of the only platforms that provides seamless support for both Stellar and Ethereum-based tokens, making it a perfect fit for SHx as we grow our multi-chain ecosystem. This listing was championed by our community, and we’re thrilled to deliver on a request that so many SHx holders have been asking for."

— Tammy Camp, CEO & Co-Founder, Stronghold

SHx is Stronghold’s native utility token, powering interoperable payments, DeFi-based financing, and community governance. With over 215,000 global community members and thousands of merchants on StrongholdNET, listing on Uphold significantly increases retail accessibility, providing a trusted, user-friendly on-ramp for both Stellar and Ethereum-based SHx.

This listing comes as Stronghold accelerates the multi-chain evolution of SHx through the SHx Bridge, which uses Axelar’s secure interchain token service interoperability to enable 1:1 movement of SHx between Stellar and Ethereum. Uphold’s support for both chains gives users a straightforward way to acquire, hold, and move SHx across the ecosystems they prefer, expanding flexibility for developers, builders, and retail users alike.

This milestone builds on Stronghold’s recent momentum, including recognition on the Forbes Fintech 50, placement on the 2025 Inc. 5000, SHx’s first U.S. exchange listing on Kraken, and the launch of a 60 billion SHx smart contract escrow designed to support long-term ecosystem stability.

For more information about SHx and Stronghold, visit our blog: https://sghd.co/uphold25.

About Stronghold

Stronghold is a fintech infrastructure company enabling fast, secure pay-by-bank and embedded payments through developer-first APIs. Its native utility token, SHx, powers payments, settlements, and community governance within the Stronghold ecosystem. We're an AI-forward organization—using generative AI across every department from product to finance—to scale faster, make smarter decisions, and build better tools for the future of money.

 

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Contacts

Ali Lovell

press@stronghold.co

GCG Enterprise Solutions Shares Unique Insights On Low-Code No-Code National Adoption in the UAE

 

GCG Enterprise Solutions Serves as Key Sponsor at Low-Code No-Code Summit

 

GCG Enterprise Solutions, a leading provider of Enterprise Information Management, Digital Transformation and Interactive Smart Solutions, served as key sponsor of the 6th edition of the Middle East Low Code No Code Summit held on November 26th in Dubai.

The Company leveraged the one-day Summit, which brought together leading technology innovators in the low-code no-code space to showcase its innovative approach to enterprise digital transformation, sharing its unique perspective on how low-code no-code technology is supporting large-scale enterprise modernization for UAE clients across government, manufacturing, financial services, healthcare, and insurance.

“The trend we’re seeing — and it’s only accelerating — is that low-code no-code technology has moved from ‘buzzword’ to ‘backbone,’ with businesses ignoring this powerful enabling technology at their peril,” said Waleed Alawadi, Head of Digital Transformation at GCG Enterprise Solutions.

Alawadi featured prominently at the event, participating in an insightful panel discussion, which explored the convergence of generative AI, cloud platforms, and low-code no-code development. The vibrant session also looked at how these platforms are evolving into full-fledged innovation ecosystems shaping the future of software development and enterprise cloud adoption.

“Low-code no-code has become absolutely foundational. Today, the conversation is no longer about the technology alone, but about how it converges with generative AI to reshape the way organizations build, innovate, and scale. Our clients are asking for digital transformation solutions that are not only comprehensive, but also fast, secure, and seamless, so they can keep pace with the breakneck evolution of their technological ecosystems. Simply put, the intersection of low-code no-code and AI is the way forward for us to turn strategy into real, scalable solutions for our clients,” said Alawadi.

The Summit served as a springboard for technology thought leaders to share best practices and set the direction for how UAE businesses can meet the ambitious national agenda to stay at the cutting edge of digital infrastructure.

Elaborating on the outcome of the event, as well as GCG Enterprise Solutions’ role and participation, Alawadi stated, “This Summit has enabled our industry to not only showcase our capabilities, but also to come together and shape our future. It’s about sharing knowledge to support a national movement that keeps the UAE at the cutting edge of technology-led modernization.”

About GCG Enterprise Solutions

GCG Enterprise Solutions (A Ghobash Group Enterprise) was established in 1982 to lead across the digital imaging and office services solutions sector in the UAE market. Today, the company caters to the exacting needs of an enviable list of regional clients, extending the most comprehensive portfolio of Enterprise Information Management, Digital Transformation and Interactive Smart Solutions in the GCC. Delivering unrivalled expertise and service standards, backed-up by partnerships with leading global technology brands, a 200+ strong team of specialists, as well as regional offices across the UAE, Oman, and the Kingdom of Saudi Arabia, GCG Enterprise Solutions stands at the forefront of integrating digital enterprise solutions, which benefit its clients’ businesses. The Company’s unique value-proposition of “Business made easy” impacts all aspects of its operations and serves as a perpetual promise to all of its stakeholders.

 

For more information, visit gcg.ae, write to info@gcg.ae, or follow us on LinkedIn.

 

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Contacts

Tony Hamad

Group Marketing Director

+971 4 5961800

GLORY Acquires Remaining Equity Shares in Acrelec Group

 BASINGSTOKE, England - Wednesday, 26. November 2025

Acrelec becomes a wholly owned subsidiary of Glory


(BUSINESS WIRE)--Glory Global Solutions (International) Ltd, a wholly-owned subsidiary of GLORY Ltd. [TYO:6457], has announced the acquisition of the remaining equity shares in Acrelec Group SAS.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251126039437/en/

Acrelec is a global technology company focused on reinventing the customer experience for restaurant and retail brands. Leveraging decades of software, hardware and service expertise, the company develops and integrates new platforms that increase customer engagement, optimize efficiency and improve operations. With over 120,000 installations across more than 70 countries, Acrelec counts many of the world’s best-known restaurant mega-brands among its customers.

We announce that Jalel Souissi has left the Acrelec Group following the completion of the recent share acquisition. Jalel Souissi has played a pivotal role in the development and success of Acrelec, serving as Co-Founder and Co-CEO over the years. Jalel's vision, passion, and dedication have been instrumental in building Acrelec into a global leader in technology solutions for restaurant and retail brands.

On behalf of the entire Glory and Acrelec teams, we extend our sincere thanks to Jalel Souissi for his outstanding commitment and tireless efforts in shaping the company’s journey. We wish Jalel every success in future endeavors.

Speaking about the investment, Toshimitsu Yoshinari, President of Glory’s International Business said, “Since our initial investment in Acrelec in 2020, the two organisations have been working closely to bring the combined value of our solutions to restaurants around the world. Glory recognises the continuing opportunities for growth capture in the food and beverage industry so the time is right to take the next step and bring Acrelec fully into the Glory Group of Companies.”

About GLORY

As a global leader in cash technology solutions, we provide the financial, retail, cash center and gaming industries with confidence that their cash is protected and always working to help build a stronger business.

Our cash automation technologies and process engineering services help businesses in more than 100 countries optimize the handling, movement and management of cash. While we span the globe, we personally engage with each customer to address their unique challenges and goals — enhancing staff efficiency, reducing operating costs and enabling a more rewarding customer experience.

Employing over 11,000 professionals worldwide with dedicated R&D and manufacturing facilities worldwide, GLORY is built on a rich customer-focused, technology-driven heritage spanning almost a hundred years.

For further information please visit www.glory-global.com.

 

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Contacts

Media Contacts:
GLORY
Paul Race
Vice President Strategic Marketing
+44 (0) 7887 052366
paul.race@glory-global.com

AtkinsRéalis Appointed Cost Consultant for Landmark Phase II of the Avenues – Riyadh

Riyadh, Saudi Arabia - Thursday, 20. November 2025

AtkinsRéalis Group Inc. (TSX: ATRL), a world-class engineering services and nuclear company, has been appointed as the Cost Consultant for Phase II of The Avenues – Riyadh, one of the Kingdom’s most ambitious mixed-use developments. The appointment, made by Shomoul Holding Company, marks a significant milestone in the evolution of Riyadh’s urban landscape and reinforces AtkinsRéalis’ commitment to delivering transformative infrastructure aligned with Saudi Arabia’s Vision 2030.

Phase II of The Avenues – Riyadh builds on the success of Phase I and introduces five iconic towers that will house premium hospitality, commercial, and residential offerings. The development is strategically located along King Salman Road and is designed to become a landmark destination for residents and visitors alike. AtkinsRéalis will provide comprehensive cost consultancy services across both phases of the project.

AtkinsRéalis plans to work in close coordination with all partners and stakeholders to ensure seamless delivery of this large-scale development. The project includes a three-storey mall with nearly 370,000 m2 of leasable space and parking for over 14,000 vehicles, making it one of the largest retail destinations in the region. 

AtkinsRéalis’ scope of work includes cost planning, procurement advisory, and value engineering to support the client’s vision of delivering a world-class, commercially viable development. The company’s deep regional expertise and global delivery model position it uniquely to manage the complexities of a project of this scale and ambition.

“The Avenues – Riyadh represents a bold step forward in redefining urban experiences in the Kingdom. Our involvement reflects a shared commitment to excellence, innovation, and collaboration. We look forward to working closely with all stakeholders to deliver a destination that inspires and endures,” said Paul Doherty, Regional Country Director, AtkinsRéalis.

About AtkinsRéalis

Created by the integration of long-standing organizations dating back to 1911, AtkinsRéalis is a world-class engineering services and nuclear company dedicated to engineering a better future for our planet and its people. We create sustainable solutions that connect people, data and technology to transform the world’s infrastructure and energy systems. We deploy global capabilities locally to our clients and deliver unique end-to-end services across the whole life cycle of an asset, including consulting, advisory & environmental services, intelligent networks & cybersecurity, design & engineering, procurement, project & construction management, operations & maintenance, decommissioning and capital. Learn more at www.atkinsrealis.com or follow us on LinkedIn.

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Contacts

Praveena Rajasekar

Senior Advisor - External Communications, AMEA

Praveena.Rajasekar@atkinsrealis.com 

DXB LIVE annonce la 5ème édition du World of Coffee Dubai 2026, qui ouvrira ses portes le 18 janvier au Dubai World Trade Centre (DWTC)

 

DUBAI, United Arab Emirates - vendredi, 31. octobre 2025

(GLOBE NEWSWIRE) -- Le groupe émirati DXB LIVE, branche intégrée de gestion d’événements du Dubai World Trade Centre (DWTC), a annoncé le retour de son événement très attendu dans l'industrie du café, World of Coffee Dubai. Ce principal salon du café au Moyen-Orient, revient pour sa cinquième édition du 18 au 20 janvier 2026 aux Za’abeel Halls 1, 4, 5 et 6 du Dubai World Trade Centre (DWTC).

Organisé par DXB Live en collaboration avec l'Association des cafés de spécialité (Specialty Coffee Association - SCA), le World of Coffee Dubai est devenu l’événement le plus important de la région. Plateforme dynamique, connectant les agriculteurs, commerçants, torréfacteurs et experts de la communauté mondiale des professionnels du café, World of Coffee Dubai renforce le rôle de Dubaï en tant que plaque tournante pour le commerce et la culture du café. Depuis son lancement, le salon a connu une croissance rapide ; le fort pourcentage de participants internationaux (représentant 77 % des exposants) dans la nouvelle édition, affirme le calibre et la réputation mondiale de l’événement et la confiance qu’il inspire dans l’industrie.

L’exposition coïncide avec l’essor de l’industrie du café aux Émirats arabes unis, dont la valeur actuelle dépasse désormais 3,2 milliards de dollars américains et qui devrait croître de 8,4 % par an pour atteindre 4,5 milliards de dollars d’ici 2029. À l’échelle régionale, le marché du café dans la région MENA (Moyen-Orient et Afrique du Nord) devrait dépasser les 11 milliards de dollars. Cette croissance est stimulée par la demande croissante pour des cafés de spécialité, l’évolution des goûts des consommateurs vers des saveurs plus complexes et des préparations artisanales, ainsi que par une augmentation des investissements en faveur de l'innovation, de la durabilité et de la qualité du café — des thèmes clés de l’édition de cette année.

World of Coffee Dubai 2026 offrira le programme le plus diversifié et le plus inclusif de l’histoire de l’événement, comprenant des produits de pointe, de nombreuses présentations et démonstrations de technologies de torréfaction et de brassage, ainsi que des innovations mondiales dans le domaine du café. 

Parmi les événements clé de cette cinquième édition, figurent trois championnats nationaux organisés par le chapitre Émirats de la Specialty Coffee Association (SCA) :

• Le Championnat national des baristas des Émirats Arabes Unis
• Le Championnat National des Dégustateurs de café (Cup Tasters) des Émirats Arabes Unis
• Le Championnat National de Torréfaction des Émirats Arabes Unis

Une série d’ateliers et de séminaires éducatifs enrichira le programme, en explorant les divers aspects de l’industrie du café et favorisant une culture d’innovation au sein de la communauté mondiale du café.

Khalid Al Hammadi, vice-président exécutif de DXB Live, a commenté : « L’exposition représente le succès continu de la vision qui a fait des Émirats arabes unis un centre névralgique mondial de l’industrie naissante du café de spécialité et un véritable carrefour entre les régions productrices et les marchés en forte croissance. Affichant une participation en croissance continue d’année en année, l’événement s’est imposé comme une plateforme internationale de référence, réunissant experts, marques et innovateurs de premier plan, reflétant l’esprit d’innovation et de renouveau de Dubaï et réaffirmant son rôle de plaque tournante régionale et mondiale façonnant l’avenir de l’industrie du café. Nous sommes fiers de contribuer aux efforts destinés à renforcer la position de Dubaï en tant que destination incontournable pour les amateurs et les experts du café, ainsi qu’en tant que plateforme inspirante favorisant le développement, l’innovation et la créativité dans ce secteur clé. »

Pour sa part, Khalid Al Mulla, PDG du chapitre Émirats de l'Association du Café de Spécialité (SCA), a déclaré : « Ce qui singularise le World of Coffee Dubai, c’est son engagement envers l’apprentissage et le partage de connaissances. Bien plus qu’une simple plateforme d’échanges commerciaux, ce salon offre aussi un espace de débats et d’échange d’idées, où les compétences s’affinent et où de nouveaux partenariats prennent forme. Il a prouvé que lorsque passion et expertise s’unissent, elles ont le pouvoir de créer un écosystème florissant et durable pour l’industrie du café. »

Le PDG de la SCA, Yannis Apostolopoulos, a souligné : « Le World of Coffee Dubai s’est imposé comme l'un des événements phares, un endroit où la communauté internationale du café se réunit, pour partager culture, innovation et commerce sous un même toit. À chaque édition, le salon réaffirme son rôle de plateforme mondiale d’exception, portée par l’excellence et l’expertise de ses participants et des leaders du secteur qui contribuent à façonner l’avenir du café de spécialité. »

Il a ajouté : « Notre collaboration avec DXB Live et le Dubai World Trade Centre représente un élément clé du succès continu de cet événement, devenu une destination de référence pour les professionnels et passionnés de café, tant au niveau régional que mondial. »

L’édition 2026, qui se déroulera du 18 au 20 janvier au Dubai World Trade Centre (DWTC), constitue une étape majeure pour le World of Coffee Dubai, réunissant marques internationales, experts et passionnés pour célébrer l’impact culturel et économique du café, ce breuvage millénaire qui captive le monde, tout en stimulant l’innovation et la croissance.

Les exposants peuvent dès aujourd’hui réserver leur espace pour le World of Coffee Dubai 2026, tandis que des billets à tarif préférentiel sont également disponibles pour les visiteurs directement via le site officiel : https://dubai.worldofcoffee.org/home.

 

Les photos accompagnant ce communiqué sont disponibles sur le web via les liens suivants :

https://www.globenewswire.com/NewsRoom/AttachmentNg/776d6fda-6971-46a7-a631-2ef8a5768213

https://www.globenewswire.com/NewsRoom/AttachmentNg/33352639-344c-48e7-9320-d323eac3bf41

https://www.globenewswire.com/NewsRoom/AttachmentNg/69d6f65b-8ca2-4591-8cd4-66d9564666cc

Contacts :

Contact Presse :

Adnan Munawar
Mobile : +971 56 438 7531
Courriel : adnan@empyrecommunications.com

U.S. FDA Grants Priority Review to Sonrotoclax for the Treatment of Relapsed or Refractory Mantle Cell Lymphoma

 If approved, sonrotoclax will become the first BCL2 inhibitor for R/R MCL in the U.S., addressing a high unmet need in an aggressive cancer

Sonrotoclax previously received Breakthrough Therapy Designation based on clinically meaningful, rapid responses in R/R MCL

BeOne Medicines will present the data supporting the NDA and Priority Review for the first time at ASH 2025

 

(BUSINESS WIRE)--BeOne Medicines Ltd. (Nasdaq: ONC; HKEX: 06160; SSE: 688235), a global oncology company, today announced that the U.S. Food and Drug Administration (FDA) has accepted and granted Priority Review to a New Drug Application (NDA) for sonrotoclax, a next-generation BCL2 inhibitor, for the treatment of adult patients with relapsed or refractory (R/R) mantle cell lymphoma (MCL), following treatment with a Bruton’s tyrosine kinase (BTK) inhibitor.

“Sonrotoclax is advancing with remarkable speed, from Breakthrough Therapy Designation to Priority Review, all within a short window,” said Lai Wang, Ph.D., Global Head of R&D at BeOne. “That pace reflects both the strength of the data and the urgency of the need for patients with R/R MCL. With rapid, deep, and durable responses and a manageable safety profile, sonrotoclax is emerging as a potential best-in-class BCL2 inhibitor, alongside our two other transformative hematology assets – BTK inhibitor BRUKINSA, and investigational BTK degrader BGB-16673.”

The NDA is supported by data from the global, multicenter, single-arm, open-label, Phase 1/2 study, BGB-11417-201 (NCT05471843), which enrolled 125 adult patients with R/R MCL who received prior treatment with a BTK inhibitor. Sonrotoclax achieved its primary endpoint of overall response rate (ORR) as assessed by an independent review committee (IRC), demonstrating clinically meaningful responses in this heavily pretreated population. The study also showed promising results across several secondary efficacy endpoints, including complete response (CR) rate, duration of response (DOR), and progression-free survival (PFS). The treatment was well-tolerated, and the risks were manageable.

BeOne will present the full results for the first time at the 67th American Society of Hematology (ASH) Annual Meeting and Exposition, December 6-9, in Orlando, Florida. (Oral Presentation: 663; December 7 from 5:00-5:15 PM EST).

Supporting efforts to rapidly advance global review and potential access, BeOne will participate in the FDA’s Project Orbis for sonrotoclax, an initiative that provides a framework for concurrent submission and review of oncology products among international partners. BeOne also intends to submit the Phase 1/2 data to other global regulatory bodies for the potential approval of sonrotoclax in R/R MCL, including the European Medicines Agency.

New drug applications for sonrotoclax for the treatment of R/R MCL and R/R chronic lymphocytic leukemia / small lymphocytic lymphoma (CLL/SLL) have also been accepted and are under review by the Center for Drug Evaluation (CDE) of the China National Medical Products Administration (NMPA) for potential accelerated approval.

About Mantle Cell Lymphoma

Mantle cell lymphoma (MCL) is a rare subtype of aggressive non-Hodgkin lymphoma (NHL)1 that originates in B-cells located in the mantle zone of the lymph nodes. MCL accounts for approximately 5% of all NHL cases globally2, affecting an estimated 28,000 people3. MCL is often diagnosed at advanced stages4 and nearly all MCL patients will eventually develop refractory or relapsed (R/R) disease.5 The five-year survival rate for MCL is approximately 50%, reflecting the urgent need for new therapeutic options.6

About Sonrotoclax (BGB-11417)

Sonrotoclax is a next-generation and potentially best-in-class investigational B-cell lymphoma 2 (BCL2) inhibitor with a unique pharmacokinetic and pharmacodynamic profile. Laboratory studies during early drug development have shown that sonrotoclax is a highly potent and specific BCL2 inhibitor with a short half-life and no drug accumulation. Sonrotoclax has shown promising clinical activity across a range of B-cell malignancies and is in development as a monotherapy and in combination with other therapeutics, including BRUKINSA. Notably, in early clinical trials, sonrotoclax plus BRUKINSA has demonstrated rapid and unprecedented rates of undetectable minimal residual disease (uMRD) in treatment-naïve patients with CLL. To date, more than 2,200 patients have been enrolled across the broad sonrotoclax global development program.

The U.S. Food and Drug Administration (FDA) granted Breakthrough Therapy Designation (BTD) for sonrotoclax for the treatment of adult patients with relapsed or refractory (R/R) mantle cell lymphoma (MCL). In addition, the FDA has granted sonrotoclax Fast Track Designation for MCL and Waldenström macroglobulinemia, as well as Orphan Drug Designation for the treatment of adult patients with MCL, WM, multiple myeloma, acute myeloid leukemia, and myelodysplastic syndrome.

About BeOne

BeOne Medicines is a global oncology company domiciled in Switzerland that is discovering and developing innovative treatments that are more accessible to cancer patients worldwide. With a portfolio spanning hematology and solid tumors, BeOne is expediting development of its diverse pipeline of novel therapeutics through its internal capabilities and collaborations. With a growing global team of nearly 12,000 colleagues spanning six continents, the Company is committed to radically improving access to medicines for far more patients who need them.

To learn more about BeOne, please visit www.beonemedicines.com and follow us on LinkedIn, X, Facebook and Instagram.

Forward-Looking Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws, including statements regarding the potential benefits of sonrotoclax; BeOne’s expectations regarding sonrotoclax’s clinical development, regulatory milestones, submissions and approvals; BeOne’s plans to present the full data at an upcoming medical meeting; and BeOne’s plans, commitments, aspirations and goals under the caption “About BeOne.” Actual results may differ materially from those indicated in the forward-looking statements as a result of various important factors, including BeOne’s ability to demonstrate the efficacy and safety of its drug candidates; the clinical results for its drug candidates, which may not support further development or marketing approval; actions of regulatory agencies, which may affect the initiation, timing and progress of clinical trials and marketing approval; BeOne’s ability to achieve commercial success for its marketed medicines and drug candidates, if approved; BeOne's ability to obtain and maintain protection of intellectual property for its medicines and technology; BeOne’s reliance on third parties to conduct drug development, manufacturing, commercialization, and other services; BeOne’s limited experience in obtaining regulatory approvals and commercializing pharmaceutical products; BeOne’s ability to obtain additional funding for operations and to complete the development of its drug candidates and achieve and maintain profitability; and those risks more fully discussed in the section entitled “Risk Factors” in BeOne’s most recent quarterly report on Form 10-Q, as well as discussions of potential risks, uncertainties, and other important factors in BeOne’s subsequent filings with the U.S. Securities and Exchange Commission. All information in this press release is as of the date of this press release, and BeOne undertakes no duty to update such information unless required by law.

To access BeOne media resources, please visit our Newsroom.

_____________________________

1 Jain, P., and Wang, M. L. (2022). Mantle cell lymphoma: 2022 update on diagnosis, risk stratification, and clinical management. American Journal of Hematology, 97(5), 638–656. https://doi.org/10.1002/ajh.26523

2 Ferlay, J., et al. (2024). Global Cancer Observatory: Non-Hodgkin Lymphoma. International Agency for Research on Cancer. https://gco.iarc.who.int/media/globocan/factsheets/cancers/34-non-hodgkin-lymphoma-fact-sheet.pdf

3 Association of Community Cancer Centers. Relapsed/Refractory Mantle Cell Lymphoma. https://www.accc-cancer.org/home/learn/cancer-types/hematologic-malignancies/mcl

4 Cencini, E., et al. (2024). Survival outcomes of patients with mantle cell lymphoma: A retrospective, 15-year, real-life study. Hematology Reports, 16(1), 50–62. https://doi.org/10.3390/hematolrep16010006

5 Burkart, M., and Karmali R. (2022). Relapsed/refractory mantle cell lymphoma: Beyond BTK inhibitors. Journal of Personalized Medicine, 12(3), 376. https://doi.org/10.3390/jpm12030376

6 Cleveland Clinic. (2023). Mantle cell lymphoma. https://my.clevelandclinic.org/health/diseases/24030-mantle-cell-lymphoma

 

 

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Contacts

Investor Contact

Liza Heapes

+1 857-302-5663

ir@beonemed.com

Media Contact

Kyle Blankenship

+ 667-351-5176

media@beonemed.com

 

Venture Global and Tokyo Gas Announce 20-Year LNG Sales and Purchase Agreement

 Venture Global’s fourth long-term contract with a Japanese company

7.75 MTPA of long-term contracts signed by Venture Global to date in 2025

 

(BUSINESS WIRE)--Today, Venture Global, Inc. (NYSE: VG) and Tokyo Gas Co., Ltd announced the execution of a new, long-term liquefied natural gas (LNG) Sales and Purchase Agreement (SPA). Under the SPA, Tokyo Gas will procure 1 million tonnes per annum (MTPA) of LNG from Venture Global for 20 years, starting in 2030. This deal marks 7.75MTPA of SPAs signed by Venture Global in the last six months.

“With nearly 8 MTPA of new long-term commitments signed this year, Venture Global is pleased to build on our commercial momentum through this new partnership with Tokyo Gas,” said Venture Global CEO Mike Sabel. “Tokyo Gas is a pioneer in the LNG industry and leading provider of natural gas to Japan, and we look forward to working with them as we grow our position as a top LNG supplier to Japan. This agreement will contribute significantly to the US-Japan balance of trade over the duration of the SPA, providing Japan with affordable, reliable American LNG.”

About Venture Global

Venture Global is an American producer and exporter of low-cost U.S. liquefied natural gas (LNG) with over 100 MTPA of capacity in production, construction, or development. Venture Global began producing LNG from its first facility in 2022 and is now one of the largest LNG exporters in the United States. The company’s vertically integrated business includes assets across the LNG supply chain including LNG production, natural gas transport, shipping and regasification. The company’s first three projects, Calcasieu Pass, Plaquemines LNG, and CP2 LNG, are located in Louisiana along the Gulf of America. Venture Global is developing Carbon Capture and Sequestration projects at each of its LNG facilities.

About Tokyo Gas

Tokyo Gas Co., Ltd. is Japan’s largest city gas supplier and a leading global LNG player. Serving around 13 million customers, Tokyo Gas has a diverse energy portfolio spanning LNG procurement, power generation, and renewable energy investments.

Forward-looking Statements

This press release contains forward-looking statements. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). All statements, other than statements of historical facts, included herein are “forward-looking statements.” In some cases, forward-looking statements can be identified by terminology such as “may,” “might,” “will,” “could,” “should,” “expect,” “plan,” “project,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “pursue,” “target,” “continue,” the negative of such terms or other comparable terminology.

These forward-looking statements, which are subject to risks, uncertainties and assumptions about us, may include statements about our future performance, our contracts, our anticipated growth strategies and anticipated trends impacting our business. These statements are only predictions based on our current expectations and projections about future events. There are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statements. Those factors include our need for significant additional capital to construct and complete future projects and related assets, and our potential inability to secure such financing on acceptable terms, or at all; our potential inability to accurately estimate costs for our projects, and the risk that the construction and operations of natural gas pipelines and pipeline connections for our projects suffer cost overruns and delays related to obtaining regulatory approvals, development risks, labor costs, unavailability of skilled workers, operational hazards and other risks; the uncertainty regarding the future of global trade dynamics, international trade agreements and the United States’ position on international trade, including the effects of tariffs; our dependence on our EPC and other contractors for the successful completion of our projects, including the potential inability of our contractors to perform their obligations under their contracts; various economic and political factors, including opposition by environmental or other public interest groups, or the lack of local government and community support required for our projects, which could negatively affect the permitting status, timing or overall development, construction and operation of our projects; and risks related to other factors discussed under “Item 1A.—Risk Factors” of our annual report on Form 10-K for the year ended December 31, 2024 as filed with the Securities and Exchange Commission (“SEC”) and any subsequent reports filed with the SEC. Any forward-looking statements contained herein speak only as of the date of this press release and are based on assumptions that we believe to be reasonable as of this date. We undertake no obligation to update these statements to reflect subsequent events or circumstances, except as may be required by law.

 

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Contacts

Investor contact:

Ben Nolan

IR@ventureglobalLNG.com

Media contact:

Shaylyn Hynes

press@ventureglobalLNG.com

 

Modon Holding announces a strategic investment in Wellington Lifestyle Partners, expanding its global portfolio in luxury lifestyle destination development

 Abu Dhabi, United Arab Emirates - Wednesday, 26. November 2025

Modon joins a consortium of investors to elevate Wellington International equestrian showgrounds and develop an ultra-luxury destination integrating residential, hospitality and sports assets in Wellington, Palm Beach County, Florida

Strengthens Modon’s global presence and enables knowledge exchange across large-scale mixed-use, hospitality and lifestyle developments

 

Abu Dhabi-based Modon Holding P.S.C (“Modon”) today announced a strategic investment in Wellington Lifestyle Partners (“WLP”), joining a consortium of existing investors in the company.

Modon’s investment will support the long-term development of Wellington International equestrian showgrounds and deliver a landmark ultra-luxury real estate development featuring high-end residences, a boutique hotel, a commercial marketplace and a championship golf course located in Wellington, Florida – a global icon of equestrian sport. This investment marks Modon’s first direct investment in an equestrian led development in the United States, complementing its existing global portfolio, and reinforcing its strategy to partner with leading international organisations in expanding its presence across ultra-luxury destination developments. The partnership further strengthens Modon’s position as a globally recognised investor in large-scale, high-value real estate and lifestyle projects.

Through the investment, Modon joins WLP’s group of existing investors and operators to advance a multi-asset portfolio of lifestyle and sports destinations. The portfolio includes the world-renowned Wellington International showgrounds; The Wanderers Club, a private family-oriented country club offering golf, tennis, swimming and dining; The Wellington, a new private residential club community comprising 253 best-in-class residences set to open in 2028 and featuring a championship-level golf course designed by David McLay Kidd; and a planned lifestyle Marketplace featuring a luxury boutique hotel, residences, shops, offices and restaurants. Together, these assets form a long-term masterplan to strengthen Wellington’s position as the global home of equestrian sport and luxury living.

The investment also includes a strategic licence agreement enabling Modon to use Wellington International’s brand and intellectual property across several key strategic markets to support the development of future lifestyle and community destinations. As part of the agreement, Modon will also become a premier sponsor of the Winter Equestrian Festival and Adequan® Global Dressage Festival (AGDF) – the world’s largest and longest-running hunter/jumper and dressage competitions, attracting over 250,000 spectators and exhibitors each year.

His Excellency Jassem Mohamed Bu Ataba Al Zaabi, Chairman of Modon Holding, said: “This strategic investment reflects Modon’s ambition to invest alongside world-class partners that share our vision for excellence in destination development. Wellington Lifestyle Partners represents a unique collaboration that brings together expertise in real estate, equestrian, hospitality and sports-led communities. By extending our reach to the United States, we are furthering Modon’s role in delivering sustainable destinations that embody quality, innovation and cultural connection.”

Bill O’Regan, Group Chief Executive Officer of Modon Holding, added: “Our partnership with Wellington Lifestyle Partners aligns with Modon’s strategy to develop integrated lifestyle destinations that combine community, sport and hospitality. Wellington International is recognised globally for its equestrian excellence, and this collaboration provides a valuable opportunity to exchange expertise in operations, master planning and design. It complements our portfolio across Hudayriyat Island, Ras El Hekma and La Zagaleta, reinforcing Modon’s commitment to delivering transformative, world-class destinations.”

Mark Bellissimo, Founder of Wellington Lifestyle Partners, said: “The addition of Modon Holding to Wellington Lifestyle Partners brings together an exceptional blend of expertise. With Modon’s world-class destination development experience, Doug McMahon and NEXUS’ leadership in luxury community development, and equestrian Murray Kessler as CEO of Wellington International, we are uniquely positioned to accelerate our vision to set a new standard of quality for an equestrian lifestyle destination here in Wellington.”

About Modon:

Modon is an international holding company, headquartered in Abu Dhabi, United Arab Emirates, and listed on the Abu Dhabi Securities Exchange (ADX). We are at the forefront of urban innovation, creating iconic designs and experiences that continually surpass expectations. Our primary business sectors include real estate, hospitality, asset management, investments, events, and tourism. Our goal is to deliver long-term, sustainable value, laying the foundations for intelligent, connected living.

About Wellington Lifestyle Partners

Based in Wellington, Wellington Lifestyle Partners (WLP) is backed by private investors, Mark Bellissimo, Lisa Lourie, Roger Smith, Jeff Skoll, Mike Smith and NEXUS Luxury Collection, and is a real estate, hospitality and sports management company dedicated to excellence. Led by Chief Executive Officer Douglas McMahon and President Paige Nuñez, WLP operates a portfolio that includes the new private residential club community of The Wellington, the Wellington International showgrounds, The Wanderers Club and a charming commercial Marketplace to include a luxury boutique hotel, residences, shops, offices and restaurants. WLP is committed to investing in Wellington for generations to come and supporting its position as the premier horse sport destination in the world. www.wlpfl.com

About Wellington International:

Established in 1974, Wellington International spans more than 200 acres in the heart of Wellington, Florida, and is renowned worldwide as a premier equestrian destination. Each year, it attracts riders and visitors from across all 50 U.S. states and more than 55 countries, hosting world-class competitions and events throughout the year. The venue combines state-of-the-art arenas and equestrian facilities with VIP hospitality, dining, and retail experiences, contributing more than $500 million annually in economic impact to the Palm Beach County economy through tourism, employment, and global investment.

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Contacts

press@modon.com

ir@modon.com

www.modon.com

Salma El Baghdadi

modonholding@webershandwick.com

+971555082994

IQM to Invest Over €40 Million to Expand Finland Production Facility, Accelerate Innovation and Fuel Growth

 ESPOO, Finland - Wednesday, 26. November 2025 AETOSWire 

The new facility will produce advanced quantum chips for error corrected quantum computers, almost double the cleanroom space and system assembly line capacity to produce up to 30 quantum computers per year.

The integrated quantum computer production line will be one of the world’s most advanced of its kind combining fabrication of quantum chips and system assembly. The expansion is expected to be completed by the first quarter of 2026.

The expansion is part of IQM’s long-term commitment to scale its infrastructure and execute the ambitious technology roadmap aiming at 1M quantum computers by 2033.

 

(BUSINESS WIRE)--IQM Quantum Computers, a global leader in superconducting quantum computers, today announced over €40 million investment to expand its state-of-the-art production facility in Finland.

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This strategic expansion will accelerate the development, fabrication and testing of advanced quantum processing units and the assembly of quantum computers, paving the way for scalable, error-corrected quantum systems that will power the next era of computing.

The expansion aligns with the company’s recent Series B fundraise of over $300 million. The facility, which will spread over 8,000 square meters, will expand the company’s cleanroom area quantum data centre. It will also double its assembly line capacity, enabling to produce over 30 full-stack quantum computers per year, helping to meet the growing demand for its systems and support research innovation and development activities.

The investment in additional cleanroom equipment will enable IQM’s development roadmap to achieve fault-tolerant quantum computing by 2030 and long-term commitment to scale its critical data centre infrastructure and capacity globally.

As part of its mission, IQM is taking concrete steps towards a carbon-neutral facility by installing an abatement system to tackle direct emissions from its production and moving to 100% renewable district heating.

“This will be one of the world’s most advanced production facility for quantum computers combining assembly lines and chip production. This approach will enable us to scale up in critical areas which are essential to deliver quality, quantity, and stable, advanced solutions to the market,” said Pasi Kivinen, Vice President of Operations at IQM Quantum Computers. "The expansion is an important step to deliver next-generation quantum computers to serve our customers and also make a remarkable impact.”

Beyond commercial scaling, this investment strengthens Finland and Europe’s quantum supply chain, ensuring that chip manufacturing and quality control, and aligns with key EU initiatives like the quantum strategy, reinforcing technological sovereignty and global competitiveness in quantum innovation.

"By enhancing our fabrication capabilities to produce large-scale quantum chips for error-correction technology, we will not only better serve our customers but also reinforce our leadership in superconducting quantum computing,” said Jan Goetz, Co-CEO and Co-founder of IQM.

IQM Quantum Computers:

IQM is a global leader in superconducting quantum computers. IQM provides both on-premises full-stack quantum computers and a cloud platform to access its computers. IQM customers include the leading high-performance computing centers, research labs, universities, and enterprises that have full access to IQM's software and hardware. IQM has over 300 employees with headquarters in Finland and a global presence in France, Germany, Italy, Japan, Poland, Spain, Singapore, South Korea, and the United States. For more information, visit www.meetiqm.com.

 

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Contacts

 

Media contact:

Email: press@meetiqm.com

Mobile: +358504790845

www.meetiqm.com

Algorithm and Batterjee Pharma Sign Strategic Partnership Agreement to Localize Key Pharmaceuticals in KSA

 

Riyadh, Saudi Arabia – 25 November, 2025: Algorithm, a pioneering regional pharmaceutical manufacturer has announced the signing of a strategic partnership agreement with Batterjee Pharma, a leading Saudi pharmaceutical company, becoming the first Lebanese company to localize its portfolio in the Kingdom.

 

The agreement covers the manufacturing and supply of several EU & Japanese licensed Algorithm products.

 

The collaboration will kick off with products targeting the treatment of critical therapeutic areas as hyperlipidemia, dyslipidemia & hypertension with full technology transfer by mid-2026.

 

Aligned with KSA’s Health Sector Transformation Program under Vision 2030, this partnership will strengthen the Kingdom’s healthcare infrastructure, reduce reliance on imports, and enhance treatment standards.

 

 

Statements:

 

Dr. Mohamed Mazen Batterjee, CEO of Batterjee Pharma

“This collaboration is about impact: ensuring the uninterrupted supply of essential medicines for patients, creating valuable job opportunities, and driving higher local content in line with national priorities. Together with Algorithm, we are not only enhancing healthcare access today but also laying the foundation for a resilient and sustainable pharmaceutical sector in the region.

At Batterjee Pharma, we take pride in being a dynamic, trusted, and responsive organization — one that builds meaningful partnerships and delivers value through innovation and reliability. This agreement with Algorithm marks only the beginning of a series of collaborative projects between our two companies, underscoring our long-term commitment to shaping the future of healthcare in Saudi Arabia and beyond.”

 

Nabil Ghorayeb, Human Health and Manufacturing Director, Algorithm

“KSA Localization Project is a bold milestone in Algorithm’s journey – a testimony to our pioneering leadership. In partnership with Batterjee Pharma, we are localizing the manufacturing of highly differentiated therapies that address significant unmet medical needs – expediting access to innovation where it’s needed most.

This project not only supports Saudi Arabia’s Vision 2030 but also fuels sustainable economic growth through knowledge transfer, and healthcare resilience. It is more than a localization strategy - a regional blueprint for how purpose-driven innovation can deliver impact at scale and redefine the future of healthcare across the MENA”.

 

 

About Algorithm

Algorithm is a Lebanese regional pharmaceutical company committed to improving human health and well-being across the MENA. For more information

 

About Batterjee Pharma

Batterjee Pharma is a Saudi pharmaceutical company offering a range of medicines and CDMO services. For more information

*Source: AETOSWire

Contacts:

Algorithm Media Inquiries

Marwa Tabsh

mstabsh@algorithm-lb.com