Author: Sam Allcock

mimik Technology has announced a strategic collaboration with AMD to enable real-time, ubiquitous deployment of agentic artificial intelligence (AI) through the integration of mimik’s Agentix-Native Operating and Execution Environment (mim OE) across AMD platforms. The partnership allows developers and enterprises to deploy agentic AI workflows out-of-the-box, transforming AMD-powered devices into execution-ready AI environments. From edge devices like cameras and robots to enterprise-scale servers, the collaboration provides a unified, context-aware, resilient, and adaptive compute fabric—a key step toward scalable and sovereign AI systems. “This collaboration marks a turning point,” said Fay Arjomandi, Founder and CEO of mimik. “We’re not retrofitting legacy…

FLY-R, the French aerospace company known for its rhomboid-wing drone technology, has been awarded a development contract by the French Defence Procurement Agency (DGA) for its R2-600 UAV, the most advanced model in the company’s portfolio. The award marks a major milestone in the operational deployment of rhomboid-wing UAVs, a highly efficient yet complex aerial design never before fielded at this scale. The R2-600 will be a hybrid-powered Medium Altitude Long Endurance (MALE) drone, capable of flying at 45,000 feet for over 20 hours, with a maximum takeoff weight of 1,700 kg. Its unique rhomboid wing configuration—a diamond-shaped wing with…

LG Electronics (LG) is set to launch a series of exclusive seasonal promotions across its expansive product lineup, offering limited-time discounts designed to enhance comfort, entertainment, and convenience during the summer months. The campaign includes major deals on everything from air conditioners and air purifiers to smart TVs, sound systems, and a wide range of energy-efficient home appliances. Whether consumers are preparing for a staycation or returning home from their travels, LG’s promotions aim to help households upgrade their living experience with cutting-edge technology. Cooling, Clean Air, and Smart Living As temperatures rise across the region, LG’s advanced air conditioning…

O Gold, the UAE’s first Emirati app for fractional gold and silver ownership, has announced a strategic partnership with Emirates Gold, one of the region’s most respected and long-standing refineries. The collaboration is set to provide O Gold’s growing user base—now over 75,000 active investors—with seamless access to certified gold and silver products directly from the refinery at competitive rates. The partnership combines Emirates Gold’s 33-year legacy of refining excellence with O Gold’s innovative fintech platform, aiming to make precious metals investment more accessible, transparent, and trusted for everyday users in the UAE. Bridging Digital Access and Physical Value Through…

Bureau Veritas, a global leader in Testing, Inspection, and Certification (TIC) services, has announced a major reorganization of its executive committee and operational structure to accelerate the execution of its LEAP | 28 strategy. The initiative, launched in March 2024, aims to position Bureau Veritas as the preferred partner for excellence and sustainability across industries worldwide. As the company enters a pivotal phase of the strategy’s rollout, it is evolving its operating model to drive greater alignment between geographies, product lines, and customer workflows. The restructured organization is expected to improve agility, decision-making speed, performance impact, and innovation delivery. Key…

The State of Kuwait celebrated its National Day at Expo 2025 Osaka, Kansai, with a powerful cultural showcase that blended heritage, innovation, and a vision for the future. The day-long festivities positioned the Kuwait Pavilion as a standout attraction at the global exposition, drawing dignitaries, international media, and thousands of Expo visitors. The celebration opened with a traditional parade of over 100 participants dressed in Kuwaiti attire, moving rhythmically to traditional music across the Expo site. The procession’s vivid colours and cultural energy drew large crowds, offering a festive and authentic glimpse into Kuwait’s history and customs. The official ceremony,…

Students from four UAE schools showcased their visions for sustainable school campuses as part of the School of the Future initiative, organised by AtkinsRéalis, a global engineering and design company. The 2025 finals took place on 14 May at Dubai English Speaking College (DESS) and marked the second year of the initiative’s expansion in the UAE. The programme, originally launched in the UK, aimed to engage students aged 14 to 16 in designing future-ready, environmentally conscious school campuses. This year’s event brought together participants from Repton School, Jumeirah College, JESS Dubai, and DESS, who worked in teams to address sustainability…

The US Food and Drug Administration (FDA) has granted Fast Track designation to FNP-223, a promising investigational drug developed by Ferrer, a B Corp-certified pharmaceutical company, for the treatment of progressive supranuclear palsy (PSP). This rare and aggressive neurodegenerative disorder affects balance, speech, and cognitive functions, and currently has no approved disease-modifying therapies. FNP-223, which Ferrer in-licensed from Swiss biotech company Asceneuron, is a novel molecular entity designed to slow the progression of PSP. The drug is currently undergoing Phase 2 clinical trials to assess its safety, efficacy, and pharmacokinetics in adult patients diagnosed with PSP-Richardson syndrome (PSP-RS), the most…

DDC Enterprise Limited, a New York Stock Exchange-listed company, has announced a landmark capital raise totalling up to $528 million. The funds are earmarked almost entirely for expanding the company’s Bitcoin holdings, marking one of the largest dedicated Bitcoin financing efforts by a publicly traded firm to date. The fundraising comprises three components: a $26 million equity private investment in public equity (PIPE), a $300 million convertible secured note and associated equity placement, and a $200 million equity line of credit (ELOC). Collectively, the structure reflects growing institutional confidence in Bitcoin’s role on corporate balance sheets. Institutional Backing from Crypto…

MAG Group Holding, the multinational real estate developer based in the UAE, has officially launched Riviera Heights—a landmark luxury residential project set within Marsa Zayed, Jordan’s largest mixed-use waterfront development. This move signals the beginning of major construction activity in the ambitious Red Sea coastal destination. The Riviera Heights project will feature four 35-storey residential towers, spanning 51,000 square metres, and offering over 1,250 seafront apartments. Located on the southern edge of the Marsa Zayed development zone in the city of Aqaba, the complex is designed to attract both international tourists and long-term residents with its promise of high-end coastal…