Tribesigns, a globally acclaimed furniture manufacturer and retailer, expanded its engagement with leading U.S. home retailers at Las Vegas Market 2026 as senior representatives from key retail partners visited the company’s booth to view the latest furniture collections. At the show, Tribesigns showcased furniture collections spanning living, dining and storage spaces, highlighting its approach to creating functional, versatile furniture designed for modern living. Las Vegas Market is a premier home furnishings trade event in Las Vegas, Nevada, bringing together retailers, buyers, designers, distributors and brands to discover new products, exchange industry insights and explore business opportunities.

    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.

    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.

    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. The transaction is supported by Underscore District’s existing shareholder base. Financial terms were not disclosed.

    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. LG’s 2026 OLED TV lineup represents a monumental leap forward in home display technology. Led by the powerful Alpha 11 AI Processor Gen3, these TVs offer unprecedented brightness, color volume, and smart room-integration features that adapt perfectly to any environment.

    The EverestAir enters a market where air quality management is an urgent household necessity. Designed for the GCC Home: Where Space Meets Sand. With 20–30% of UAE residents suffering from allergic rhinitis and up to 36% of school-aged children affected by airborne allergies, the home often becomes a trigger zone. Open-plan GCC homes compound this challenge, as standard purifiers struggle to circulate clean air beyond their immediate vicinity. The EverestAir addresses this with coverage up to 126m² and a CADR of 612 m³/h, powered by VortexAir™ Technology 3.0.

    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 (AGTHIA: UH), one of the region’s leading food and beverage companies, today 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.

    Guggenheim Abu Dhabi is a cornerstone of Saadiyat Cultural District, one of the world’s greatest concentrations of cultural institutions. Alongside Louvre Abu Dhabi, Zayed National Museum, Natural History Museum Abu Dhabi and teamLab Phenomena Abu Dhabi, it affirms Abu Dhabi’s cultural vision.As Director, Dr. Hillings will bring this vision to life leading the museum’s strategic direction, overseeing its inaugural exhibitions and programmes, and establishing an institution that is rooted in Abu Dhabi and connected to the world, one that connects cultures, inspires people and celebrates art from the 1960s to the present.

    The 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.

    At the Boao Forum for Asia Perth Conference on July 27, Li Donglin, Chairman of CRRC Zhuzhou Institute, joined global political and business leaders to share the company’s strategy for scaling green industries through proprietary technologies and application-driven innovation. 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.

    HUMAIN has made a strategic investment in Saudi AI company MOZN, combining HUMAIN’s full AI stack with MOZN’s enterprise AI products and Forward Deployed Engineering expertise to accelerate secure, production-scale AI deployments for financial institutions as well as public sector organizations. This investment marks one of the first made through HUMAIN Ventures and represents HUMAIN’s first investment in a Saudi company. The partnership also represents one of the first strategic engagements under HUMAIN’s newly launched Banking, Financial Services and Insurance (BFSI) sector, establishing a flagship collaboration to accelerate sovereign AI adoption across financial institutions. Co-developed enterprise AI solutions will be made available through the HUMAIN ONE AI Agent Marketplace, enabling organizations to securely deploy and scale trusted AI applications. The first jointly developed solutions and customer deployments will be unveiled at LEAP Riyadh, with broader commercial availability planned for H2 2026.

    Roborock Saros 20 changes that entirely with its breakthrough AdaptiLift Chassis 3.0, an intelligent mobility system that combines advanced vision technology with adaptive algorithms to easily conquer double-layer thresholds up to 4.5 + 4.3 cm. This ensures uninterrupted room-to-room cleaning – from the kitchen to the majlis, from hallways to bedrooms. This capability is especially valuable for the large homes and complex layouts commonly found across the UAE and Saudi Arabia, making seamless, whole-home cleaning a reality.

    Across the Middle East, the most treasured moments arrive with samboosa, pakora, and kunafa. Now enjoy that crunch with 90% less oil, zero fry smells, and a kitchen cool enough for guests and energy bills low. COSORI’s Dynamic DC Motor with five fan speeds and nine presets cooks 33% faster—no preheat, no oven-like heat, essential for Gulf summers. The wide temperature range (30°C–230°C) proofs dough, dehydrates, roasts, and air fries. An angled one-touch panel, dishwasher-safe basket, and generous capacity feed a family of five without a bulky dual-basket. Engineered to honour the art of cooking, every air fryer delivers falafel, kibbeh, and samosa with the same shattering crunch, minus heavy fat. Independent tests confirm 90% less oil while preserving the texture Gulf palates demand—heritage, reimagined healthier, cooler, faster. COSORI supports wellness without sacrificing fried favourites. One machine moves from Indian paneer tikka to Lebanese sfiha to British roast potatoes—zero flavour crossover, every time. Designed for the UAE’s 200-plus nationalities and Saudi Arabia’s crossroads of tradition and taste, uniting every table.

    STARTRADER today announced the launch of 31 new US Share CFDs and ETF CFDs, available on the trading platform from August 3 and on the STARTRADER app from August 5, spanning semiconductors, AI infrastructure, optical networking, and nuclear. The new instruments will reference companies and funds across hardware, power, and connectivity infrastructure in the technology sector.

    News Bulletin

    Gold prices continued their downward trend across global commodity exchanges as investors digested the decision by the U.S. Federal Reserve to raise benchmark interest rates by a quarter of a percentage point. Spot bullion fell 1 percent during international trading sessions to reach $4,249 per ounce, reflecting heightened market pressure driven by tighter monetary policy conditions. Gold prices decline on Federal Reserve rate decision actions as elevated borrowing costs increase the opportunity cost of holding non-yielding precious metals across major financial trading desks.