Award-winning online trading platform Mitrade Group is rolling out an upgraded MitradeGPT model to traders across the Middle East and North Africa (MENA) after receiving Global Business Magazine’s 2026 AI Broker of the Year award. The launch comes as growing use of AI in financial research raises questions about the accuracy, context and reliability of generated information.

MIAX achieved strong financial performance in Q2 2026 with record net revenue, adjusted EBITDA, and adjusted earnings. Total net revenue grew 35% year-over-year to $141.1 million, adjusted EBITDA increased 57% to $76.8 million, and adjusted EBITDA margin expanded by more than 700 basis points to 54%. Adjusted diluted earnings per share was $0.48. The company’s options business benefited from elevated market volatility during the quarter, which led to a 25% year-over-year increase in average daily volume to 11.0 million contracts.

MIAX Exchange Group reports a 26.3% increase in multi-list options average daily volume (ADV) year-to-date, reaching a record of 10.9 million contracts through July 2026. The group also set a market share record of 16.9% during the same period. MIAX Futures saw a 74.3% increase in agricultural ADV, while financial ADV decreased by 26.9% following its launch in May 2026.

Mesa Puyo, an international leader in energy policy, economic development, and sustainability, and former Minister of Energy and Mines from Colombia, will serve an initial term of four years, aligned with the GEF-9 funding period and the last sprint towards critical 2030 environmental goals. Before his selection as the GEF’s next CEO and Chairperson, Mesa Puyo served as Deputy Chief of the Climate Policy Division of the International Monetary Fund. “I am deeply honored to serve as the next CEO and Chairperson of the Global Environment Facility at this pivotal moment for the international community,” Mesa Puyo said.

Envision Energy, a global leader in green technology, today announced a collaboration with Sasol, a global energy and chemicals company, to advance the design study of a potential green hydrogen system at Sasol’s Sasolburg operations in South Africa. The collaboration marks an important step in exploring how future energy system can integrate renewable power, energy storage and electrolyser technologies to unlock new pathways to support the development of lower-carbon fuels and chemicals, including potential applications in eMethanol and sustainable aviation fuel (eSAF).

Skye Africa Intelligence (Pty) Ltd (“Skye”) and the East, Central and Southern Africa Health Community (“ECSA-HC”) today announced a Memorandum of Understanding establishing a regional partnership to deploy AI-enabled health solutions across the ECSA-HC membership, announced on the sidelines of the 16th ECSA-HC Best Practice Forum, taking place from 2 to 7 August 2026 in Manzini, Eswatini.

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. The deal follows MondeVita’s acquisition of Raffaele Caruso S.p.A., the Soragna based menswear manufacturer founded in 1964, which produces both its own label and collections for several of the sector’s largest houses. Caruso reported revenues of 34.2 million euros in 2025 and employs 479 people.

TONGWEI, a global leader in renewable energy and one of the world’s largest integrated photovoltaic manufacturers, has once again secured a place on the 2026 Fortune Global 500, ranking No. 464 globally. This marks the fourth consecutive year that TONGWEI has been included in the prestigious ranking, recognizing its strong manufacturing capabilities, business resilience, and continued growth in the global clean energy market.

CHONGQING, China, Aug. 5, 2026 /PRNewswire/ — China Petroleum & Chemical Corporation (HKG: 0386, “Sinopec”) has commissioned a specialty polyvinyl alcohol (PVA) resin facility with…

The comprehensive high-capacity purifier, engineered for open-plan GCC homes, arrives August 5 with exclusive early-bird pricing. 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. The EverestAir addresses this with coverage up to 126m² and a CADR of 612 m³/h, powered by VortexAir™ Technology 3.0.

On July 30, 2026, the opening ceremony for Wison’s Abu Dhabi subsidiary and its new office was held in Abu Dhabi, the capital of the United Arab Emirates. Since establishing its first overseas office in Saudi Arabia in 2008, Wison has been actively involved in energy engineering projects across the Middle East, steadily building its regional market expertise and international project execution capabilities. The establishment of the Abu Dhabi subsidiary and the opening of its new office mark a significant step in Wison Engineering’s strategy to deepen its presence in the Middle East and advance its internationalization efforts.

NuSummit Cybersecurity today announced it has become a Founding Signatory of the CREST AI Charter, joining a group of leading cybersecurity organizations committed to promoting the responsible use of AI across the industry. Through this commitment, NuSummit Cybersecurity supports CREST’s Nine Principles for AI-Enabled Activities, ensuring its AI-enabled services are built and delivered with strong governance, security, human oversight and accountability. “Clients don’t just want AI, they want AI that is accountable. That is why, as we embed AI deeper into our cybersecurity offerings, we treat governance and human oversight as non-negotiable. Becoming a Founding Signatory of the CREST AI Charter reflects the standard we set for ourselves, so that every AI-enabled solution we deliver is one that our clients can trust and depend on,” said Anantharaman Sreenivasan (Ganesh), Managing Director and Group CEO, NuSummit. NuSummit Cybersecurity remains focused on applying AI responsibly, strengthening human expertise, and upholding the highest standards of customer trust. “AI is changing cybersecurity, but trust will determine how successfully organizations adopt it. We believe responsible AI must combine innovation with transparency, governance and human expertise. Becoming a Founding Signatory of the CREST AI Charter reflects our commitment to helping shape a trusted future for AI-enabled cybersecurity,” said Sameer Shelke, President Americas and Cybersecurity Services Head, NuSummit, and CEO, NuSummit Cybersecurity. The C

Thousands of 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.

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.

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. Proceeds from PCG Global’s first external capital raise will be deployed to accelerate project origination and execution across Southeast Asia, Oceania and the Middle East, where net-zero commitments and rising power demand are driving rapid growth for renewables.

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.

ICC Loyalty, serving 30+ banks and 11 million customers across 10+ countries, joins Mintoak. The combined entity now partners with more than 50 banks across 20+ countries. Combined annual revenue exceeds US$30 million with a profitability margin exceeding 30%.

A gathering of investors, business executives, and African government officials will place approximately $4 billion in investment opportunities before global institutional capital, reflecting a growing interest in the continent as investors look beyond traditional developed markets for higher returns, diversification, and long-term growth. The Summit will open with a royal keynote from the Asante King Otumfuo Osei Tutu II, and feature institutional investors, private equity and private credit firms, multilateral development institutions, blended finance organizations, development finance institutions, sovereign representatives, policymakers, family offices, and business leaders to explore investment opportunities across infrastructure, mining, natural resources, agriculture, manufacturing, technology, energy, and other strategic sectors.