PR Newswire

    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.

    Investec, a leading international bank, has selected the Finacle Digital Banking Solution Suite on Microsoft Azure to modernize its banking operations across multiple countries. This transformation program will help the bank enhance business agility, drive higher operational efficiency, and continually meet regulatory compliance while supporting its evolving business and client needs. Key benefits include real-time data and AI foundations, accelerated lending growth, compelling cash management propositions for corporate clients, sharper liquidity optimization, seamless connectivity across the fintech ecosystem, and a cloud-native SaaS implementation for scalability and resilience.

    Hoymiles, a global leader in smart solar and storage solutions, extends its partnership with Qssun, a leading renewable energy distributor in Saudi Arabia, to accelerate PV and energy storage deployment in Kuwait and the wider Gulf region. Centering around residential, commercial, and industrial applications, this strategic collaboration builds on the success in Saudi Arabia and reinforces Hoymiles’ commitment to delivering high-performance solar energy and storage solutions in the broader Gulf region.

    “The strong market response to Millad ClearX™ 9000 validates the value this technology delivers for polypropylene manufacturers,” said Wim Van De Velde, EVP and managing director for Milliken’s plastic additives business. “Dedicated capacity strengthens our ability to support customers with reliable supply while providing the flexibility needed to support continued adoption of the technology.”

    Geopolitical events this year have exposed the speed at which the financial picture shifts. Disruption to shipping through the Strait of Hormuz has shown how a single shock can set off repricing across energy markets, rate expectations, currencies, commodities and equities. For traders, keeping pace requires more than following headlines; it means understanding how volatility travels from one market to the next. This understanding must be grounded in credible reporting, rigorous analysis, expert insight and dependable data.

    Binance today announced that bStocks, its tokenized securities offering, has surpassed $500 million in assets under management (AUM), seven weeks after launch. Since going live on June 11, 2026, the product has expanded from five tickers to more than 46 listings, providing eligible users with 24/7 access to tokenized securities and free, instant conversion between a bStock and its underlying stock. The milestone reflects growing demand for tokenized market access as more users explore traditional financial markets through Binance. Early platform data indicates that bStocks is attracting a predominantly crypto-native audience, with many users using tokenized securities as their first exposure to traditional finance.

    Under the banner of “Building Intelligent Industries”, the venture is structured around two integrated platforms:The intelligent equipment platform covers robotics and automation, advanced composite materials, and intelligent equipment and manufacturing. On the other hand, the intelligent software platform covers industrial AI, computer vision, AI agents and large language models, digital twin, and data and analytics.The Group’s business focus will be centered on government and public-sector projects, as well as mission-critical domains. Target industries include energy, oil and gas, ports, public safety, utilities, mining, transportation, smart cities and critical infrastructure. All related systems will be engineered to meet the security, reliability and continuity standards required for government-grade deployments.

    Real Madrid and ELITE Solar today announced a new global strategic partnership, bringing together one of the world’s most iconic sports institutions and a leading global photovoltaic manufacturer committed to advancing the clean energy transition. Through this partnership, ELITE Solar becomes an Official Partner and Official Solar Panel Provider of Real Madrid, joining forces with a club recognized worldwide for its pursuit of excellence, innovation, and leadership. The collaboration reflects the shared values of both organizations and their commitment to creating a lasting positive impact on future generations.

    LAU ranked third globally in SDG 1: No Poverty—up from the fifth position last year—thanks to its extensive scholarship and financial aid offering. In SDG 8: Decent Work and Economic Growth, it placed 19th—a testament to the many initiatives, programs, and curricula that significantly enhance graduates’ employability and access to economic opportunity. Another significant feat is its 24th placement in SDG 17: Partnership for the Goals, which illustrates the university’s reach through its broad network of local, national, and international collaborations.

    Latest News

    China announced new countermeasures against the United States on Wednesday, including tighter controls on drone-related exports. It also restricted dealings with seven American entities. The measures took effect on August 5 after recent U.S. technology and import restrictions. China’s Ministry of Commerce said controlled drones, key components and related technologies will face stricter U.S.-bound export reviews. The rules apply to items already covered by China’s dual-use export control system. They do not create a blanket ban on all Chinese drone shipments to the American market.