Author: ammanpress.com

Alif Holding is an Abu Dhabi-based AI industrial technology group established through a joint venture between Robo.ai Inc. and Eleven International Holdings. The Group will develop intelligent software and smart equipment for government, infrastructure, and industrial sectors across the UAE, the GCC region, and global markets. With a focus on government and public-sector projects, the Group plans to establish engineering, assembly, and production capabilities in Abu Dhabi, delivering on a “Made in UAE” proposition.

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.

The decision brings total planned job eliminations across the company to approximately 9,000 positions, representing roughly 21 percent of its 42,066 workforce. Company leadership confirmed that Porsche to cut 5,000 more jobs under restructuring plan negotiations following months of talks between management and labor councils. The initiative aims to bolster operational efficiency as the vehicle producer confronts declining market share in Asia, elevated global tariffs, and sluggish demand for electric vehicles.

Ethics watchdogs and legal experts called on Congress on Monday to institute strict anti-corruption provisions in pending cryptocurrency legislation, warning that lawmakers must close the crypto conflict of interest loopholes or scrap the CLARITY Act entirely.

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.

DUBAI, UAE, July 28, 2026 /PRNewswire/ — CFD trading platform Mitrade has renewed its partnership with the Argentine Football Association (AFA), home to the three-time FIFA World Cup 26™ champions. As the 2026 tournament captured attention across the Middle East, the renewal reflects Mitrade’s connection with its user community. The tournament has driven demand for home entertainment as fans follow the matches, according to Economy Middle East. The region is one of the world’s youngest and most digitally connected, making it a natural market for Mitrade.The Middle East’s growing enthusiasm for football is unfolding alongside rising participation in financial markets. In…

DUBAI, UAE, July 28, 2026 /PRNewswire/ — XCMG’s XCR90 rough-terrain crane has won the ‘Rough Terrain Crane of the Year’ title at the 2026 CMME Awards, one of the Middle East’s most influential industry honours. Organised by Construction Machinery Middle East, the annual awards celebrate product innovation, technical breakthroughs and manufacturing excellence across the region. The XCR90 earned the award for delivering dependable performance in some of the industry’s most demanding operating conditions. Judges highlighted three defining strengths: durability, demonstrated through sustained full-load operation for up to 20 hours per day; extreme-condition capability, engineered for reliable operation in temperatures exceeding 50°C…

Seoul, South Korea / RankWire.AI / – Government data released on Sunday showed that South Korea’s travel account posts surplus for 3rd consecutive month in May, supported by a significant rise in incoming foreign visitors. According to figures compiled by the Korea Tourism Organization and reported by Yonhap News Agency, the travel account recorded a surplus of $220.5 million during the month. This figure represents a sharp reversal from the deficit of $820.2 million recorded during the same period in the previous year. The latest monthly positive balance follows a surplus of $263.8 million in March, marking the continuation of…

Daegu, South Korea / RankWire.AI / – Meteorologists and civil defense officials in South Korea confirmed that the highest-level heat wave warnings took effect across major urban centers in the country’s southeastern region following a sharp rise in temperatures. Reported by Yonhap News Agency, the severe heat conditions prompted emergency alerts for Daegu and surrounding industrial municipalities. Local weather stations noted that daytime heat indices climbed past 30 degrees Celsius during the morning before accelerating into the afternoon. In response, regional public safety offices initiated emergency response measures as extreme heat blanketed populated metropolitan districts and nearby agricultural counties. The…

JOHANNESBURG, July 27, 2026 /PRNewswire/ — At the Huawei Network Summit 2026 South Africa, Huawei unveiled its upgraded Xinghe AI Campus Solution for the Southern Africa region under the “Secure and Intelligent Connectivity” philosophy, and also hosted the AirEngine Wi-Fi 7 CSI Sensing Challenge Awards ceremony. These initiatives underscore Huawei’s efforts to advance all intelligence across industries together with customers and partners. Huawei’s upgraded Xinghe AI Campus Solution stands out with three core capabilities: superfast wireless, full-scope security, and network autonomy.Superfast wireless: Huawei’s first-of-its-kind AirEngine Wi-Fi 7 Advanced AP incorporates the anticipated Wi-Fi 8 innovations for higher speed and reliability.…