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NYSE Content Update: HawkEye 360 Soars 31% in Trading Debut

PR Newswire — Fri, 08 May 2026 13:05:36 +0000

NYSE issues a pre-market daily advisory direct from the trading floor.NEW YORK, May 8, 2026 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins.
Ashley Mastronardi delivers the pre-market update on May 8thEquities are higher Friday morning as investors track the latest developments in Iran and digest April’s jobs report.Shares of signal intelligence company HawkEye 360 (NYSE: HAWK) jumped by 31% on Thursday following its IPO.Enhanced CEO Maximilian Martin will join Taking Stock this afternoon to celebrate the performance medicine company’s IPO.Ryan Serhant will join NYSE Live to discuss his real estate firm’s expansion to California.Opening BellSilver Bow Mining (NYSE American: SBMT) celebrates its recent IPOClosing BellEnhanced (NYSE: ENHA) celebrates its IPOFor market insights, IPO activity, and today’s opening bell, download the NYSE TV App: TV.NYSE.com Video – https://mma.prnewswire.com/media/2975780/NYSE_May_8_Market_Update.mp4Photo – https://www.newsoutnow.com/wp-content/uploads/2026/05/Corning_at_NYSE.jpgLogo – https://www.newsoutnow.com/wp-content/uploads/2026/05/New_York_Stock_Exchange_Logo-4.jpg

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Philadelphia Soccer 2026 Opens Media Credentialing and Fan Registration for FIFA Fan Festival™ Philadelphia

PR Newswire — Fri, 08 May 2026 11:36:37 +0000

Media Must Apply in Advance; Fans Required to Register for EntryPHILADELPHIA, May 8, 2026 /PRNewswire/ — Philadelphia Soccer 2026, the 501c3 non-profit that serves as the Local Host Committee charged with planning and executing FIFA World Cup™ in partnership with the City of Philadelphia, is now accepting media credential applications for on-site coverage at FIFA Fan Festival™ Philadelphia (Lemon Hill in Fairmount Park). Free registration is also open for fans to attend FIFA Fan Festival™ Philadelphia.
FIFA Fan Festival™ is the official public fan experience of the FIFA World Cup 2026™, offering supporters the best place outside the stadiums to watch matches live in an energetic atmosphere filled with football, music, food, entertainment, and cultural programming. Located at Lemon Hill in East Fairmount Park, FIFA Fan Festival™ Philadelphia is the only U.S. host city festival open daily throughout the tournament with free general admission.The festival will transform more than one million square feet into a vibrant hub “welcoming the world with a Philly phlavor,” where residents and visitors can gather to celebrate the world’s largest sporting event. It will offer 39 days of programming that brings together soccer, culture, and the unmistakable spirit of Philadelphia.Media AccreditationThe media credential application is open to all members of the press, including:Broadcast, digital, print, radio, podcastPhoto/video professionals and technical crewNews agencies and team mediaFreelancers (assignment verification may be required)Media registration is available at PhillyFWC26.com/Credentials. All media must apply in advance to receive credentials. Philadelphia Soccer 2026 will contact all applicants regarding the status of their accreditation.This accreditation process covers on-site media coverage at FIFA Fan Festival™ Philadelphia (Lemon Hill in Fairmount Park). This accreditation process does not include access to FIFA World Cup 2026™ matches at Philadelphia Stadium. Media seeking stadium credentials must apply directly through FIFA.Fan RegistrationPhiladelphia Soccer 2026 also opened digital registration for fans. While general admission to the FIFA Fan Festival™ is free, all attendees are required to register and present a valid ticket upon entry.Fans can now register HERE.Please note: Access each day is first come, first served and subject to venue capacity.About Philadelphia Soccer 2026 Philadelphia Soccer 2026 is the Local Host Committee charged with planning and executing FIFA World Cup 26™ in coordination with the City of Philadelphia. Established in the Commonwealth of Pennsylvania, it is governed by a 14-person Board of Directors that convenes leaders from across the City of Philadelphia and the entire Commonwealth of Pennsylvania. For more information, follow us on social media @FWC26Philly.FIFA World Cup 26™ will be the biggest sporting event ever, with three Host Countries, 16 Host Cities, 48 teams and 104 matches uniting an entire continent to showcase a momentous new tournament format. With more countries, cities, teams, and games, FIFA World Cup 26™ will be the most inclusive tournament ever, engaging millions of fans across 16 unique stadiums and billions worldwide. The tournament will take place in June and July 2026. For the latest FIFA World Cup 26™ information please visit the FIFA World Cup 26™ website. For media representatives wishing to stay up-to-date on all things 2026, please register via the FIFA Media Hub.Logo – https://www.newsoutnow.com/wp-content/uploads/2026/05/PHILADELPHIA_SOCCER_2026__Logo.jpg

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Saudi Accelerates Tourism Growth as WTTC Confirms Global Standing and Domestic Travel Surges

PR Newswire — Fri, 08 May 2026 03:49:47 +0000

Saudi Tourism Authority welcomes the WTTC findings that positions Saudi as the largest and fastest-growing travel and tourism market in the regionRIYADH, Saudi Arabia, May 8, 2026 /PRNewswire/ — The World Travel & Tourism Council (WTTC) released the latest edition of its 2025 Economic Impact Report (EIR), reinforcing Saudi’s position as the largest and fastest-growing travel and tourism market in the region.

According to WTTC, travel and tourism contributed USD 178 billion to Saudi’s GDP in 2025, representing 46% of the region’s total tourism economy. The figures reflect the sector’s full economic impact, including direct, indirect, and induced contribution.The report also highlights the sector’s growing importance within the national economy, with travel and tourism accounting for 7.4% of Saudi’s GDP in 2025. The Kingdom’s tourism sector is expanding at nearly twice the global average growth rate of 4.1%, significantly outperforming regional peers and reinforcing Saudi’s position as the fastest-growing tourism market in the region, ahead of the regional average growth rate of 5.3%.This global recognition is complemented by strong domestic performance. In Q1 2026, Saudi recorded 28.9 million domestic visitors, a 16% increase year-on-year, alongside SAR 34.7 billion in tourism spending according to the Ministry of Tourism.Across the country, a connected portfolio of destinations continues to expand. AlUla is emerging as a cultural hub where heritage and contemporary creativity meet, while developments along the Red Sea are advancing regenerative tourism, combining luxury experiences with environmental stewardship. At the same time, Qiddiya is redefining entertainment tourism through large-scale attractions designed for families and global audiences alike.Ongoing investment in infrastructure, improved connectivity, and visa facilitation continues to support this trajectory, making travel to Saudi more accessible and seamless. The rise in leisure travel, further highlights the success of these efforts in broadening the Kingdom’s global appeal.As Saudi builds on this momentum, the tourism sector remains central to the country’s economic diversification, positioning Saudi as one of the world’s most dynamic and compelling year-round destinations.Photo – https://www.newsoutnow.com/wp-content/uploads/2026/05/The_Saudi_Tourism_Authority_WTTC.jpg

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Seminole Hard Rock Casino Named Official Miami World Cup 2026™ Host City Supporter

PR Newswire — Thu, 07 May 2026 16:47:13 +0000

Full press releaseMIAMI, May 7, 2026 /PRNewswire/ — The FIFA World Cup 2026™ Miami Host Committee today announced a landmark collaboration naming Seminole Hard Rock Casino as an Official Miami World Cup 2026™ Host City Supporter, strengthening Miami’s platform as a global destination for sport, culture, and world-class entertainment.
“The FIFA World Cup 2026 unites the world together through sport, and the team at Seminole Hard Rock Casino could not be prouder to welcome fans to Florida as an Official Miami World Cup 2026 Host City Supporter,” said Jim Allen, Chairman of Hard Rock International and CEO of Seminole Gaming, and member of the Miami Host Committee Board of Directors. “With our destination minutes from the local excitement at Miami Stadium, we are uniquely positioned to extend the fandom beyond the pitch and make the experience extraordinary for those traveling to South Florida for the tournament.”As an Official Miami World Cup 2026 Host City Supporter, Seminole Hard Rock Casino will host a pop-up experience at the FIFA Fan Festival™ Miami at Bayfront Park from June 13 to July 5, 2026, where fans can engage with the brand, sign up for the Unity Rewards program, and enjoy surprise promotions and live entertainment.Seminole Hard Rock Casino Hollywood will host themed events and fan programming, extending tournament excitement beyond the stadium, and will support the Miami Host Committee’s Mobility Plan through an expanded shuttle network to Miami Stadium.”Seminole Hard Rock Casino has always been about bringing people together through the power of music, entertainment, and unforgettable experiences,” said Keith Sheldon, President of Entertainment & Brand Management for Hard Rock International and Seminole Gaming. “As soccer fans gather in Florida for the FIFA World Cup 2026, we are thrilled to be part of the celebration and to create memorable fan experiences in Miami that capture the energy and global spirit of this historic event.””Hosting the FIFA World Cup 2026 is about more than matches, it is about creating a complete destination experience for fans,” said Rodney Barreto, Chairman of the FIFA World Cup 2026™ Miami Host Committee. “Seminole Hard Rock Casino’s leadership in hospitality, live entertainment, and gaming will play an important role in energizing the region and extending the celebration throughout South Florida, helping us deliver an unforgettable experience for fans from around the world.” Logo – https://www.newsoutnow.com/wp-content/uploads/2026/05/MHC_x_SHR_Logo.jpgPhoto – https://www.newsoutnow.com/wp-content/uploads/2026/05/MHC_Picture.jpgPhoto – https://www.newsoutnow.com/wp-content/uploads/2026/05/MHC_Picture-1.jpg

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Lianyungang Launches “Golden Cudgel” Plan to Drive Sports Economy

PR Newswire — Thu, 07 May 2026 15:45:43 +0000

LIANYUNGANG, China, May 7, 2026 /PRNewswire/ — After its mascot “Monkey Baby” (Hou Bao) gained unexpected online attention following a playful wardrobe mishap, the coastal Chinese city of Lianyungang is moving quickly to convert viral attention into economic opportunity. On May 6, the city unveiled the “Golden Cudgel” Plan — a commercial partnership initiative tied to its role as host of The 21st Jiangsu Provincial Games.
Drawing on the symbolism of the Monkey King’s legendary weapon, the Golden Cudgel — associated with bold ambition and scale — the plan positions Lianyungang as a platform for shared commercial growth. Its tagline — “Every ounce counts. Let’s win as one.” — invites global partners to participate in what the city describes as a symbolic “13,500-jin opportunity”, referencing the cudgel’s mythical weight.The “Golden Cudgel” Plan introduces four tiers of partnership with a structured benefits framework, designed to engage both corporate and individual participants:Dinghai Shenzhen – Strategic PartnerBailian Jingu – Co-Creation PartnerZhenchang Shenqi – Growth PartnerRuyi Xiuzhen – Dream Chaser (entry level, from RMB 3,000)The benefits package spans city branding, honorary recognition, service access, consumer incentives, and business engagement opportunities.In 2026, Lianyungang will host The 21st Jiangsu Provincial Games, coinciding with the Jiangsu Football League (“Su Chao”), creating a dual-event cycle expected to accelerate the city’s event-led economic activity.Hu Zhu, a senior official of Lianyungang, outlined the city’s positioning through three illustrative narratives — each highlighting a different dimension of its economic and cultural profile. The story of “Monkey Baby” reflects the city’s openness and resilience; a story centered on a cup of milk tea captures its fast-growing consumer economy; and a story about handmade press-on nails illustrates how Lianyungang connects with global markets through creativity and light manufacturing. “We sincerely invite you to become our City Partner and join us in capturing the opportunities of the sports economy for shared, long-term growth,” Hu said.At the launch event, Zhu Yaohui, Chairman of Jiangsu Tanggou Liangxianghe Liquor Co., Ltd., and Fang Hao, founder of the fresh fruit tea brand Zuoxinfang, shared their entrepreneurial journeys and business ambitions. Together, they contributed symbolic energy to the Golden Cudgel, reinforcing the city’s role as a collaborative commercial platform.Photo – https://www.newsoutnow.com/wp-content/uploads/2026/05/1-2.jpg

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FMC Corporation Announces Agreement to Divest India Commercial Business to Crystal Crop Protection Limited

PR Newswire — Thu, 07 May 2026 11:49:49 +0000

PHILADELPHIA, May 7, 2026 /PRNewswire/ — FMC Corporation (NYSE:FMC), a leading global agricultural sciences company, announced today it has signed a definitive agreement to sell FMC India Private Limited (FMC India) to Crystal Crop Protection Limited, a crop solutions company in India, for consideration of $252 million USD, subject to customary adjustments for cash, debt and working capital. FMC will continue to receive all cash generated from the ongoing operation of the India business until closing, primarily through monetization of working capital.
In July 2025, FMC announced its decision to divest the company’s crop protection commercial business in India, enabling FMC to participate in the Indian market through a new go-to-market approach while deploying resources to its highest-growth opportunities globally. The transaction is expected to close by year-end 2026, subject to regulatory approval and other customary closing conditions. FMC intends to allocate all proceeds from the sale to debt reduction.”Crystal Crop Protection Limited is well-positioned to serve Indian farmers with FMC’s portfolio of innovative technologies, and we look forward to supporting their growth through our supply agreement,” said Pierre Brondeau, FMC chairman, chief executive officer and president. “FMC remains committed to India and will continue to conduct global R&D activities and maintain global manufacturing operations in the country.”Through this transaction, Crystal Crop Protection Limited will acquire FMC India’s commercial operations in the crop protection field, including a license to FMC’s brands sold in India. Crystal Crop Protection Limited will also receive a preferred supply agreement for certain FMC active ingredients and formulated products, as well as preferred access to FMC’s pipeline of active ingredients in India for the crop protection field.”We are excited on signing this definitive agreement to acquire this business of FMC in India,” said Ankur Aggarwal, chairman and managing director, Crystal Crop Protection Limited. “We look forward to welcoming a talented workforce into the Crystal group and aim at accelerating innovation across both chemical and biological domains of crop protection. FMC’s innovative portfolio, blockbuster brands and future pipeline give us an opportunity to provide Indian farmers access to innovative products. We look forward to further enhancing and building on our relationship with FMC.”BofA Securities acted as exclusive financial adviser while Davis Polk & Wardwell LLP served as U.S. legal adviser and Khaitan & Co assisted as legal adviser for FMC on this transaction. EY acted as exclusive buy side M&A adviser to Crystal Crop Protection Limited and Shardul Amarchand Mangaldas & Co served as legal adviser. Further terms and conditions of the agreement were not disclosed.About FMCFMC Corporation is a global agricultural sciences company dedicated to helping growers produce food, feed, fiber and fuel for an expanding world population while adapting to a changing environment. FMC’s innovative crop protection solutions – including biologicals, crop nutrition, digital and precision agriculture – enable growers and crop advisers to address their toughest challenges economically while protecting the environment. FMC is committed to discovering new herbicide, insecticide and fungicide active ingredients, product formulations and pioneering technologies that are consistently better for the planet. Visit fmc.com to learn more and follow us on LinkedIn®.About Crystal Crop Protection LimitedEstablished in 1994, Crystal Crop Protection Limited is a crop solutions company with agrochemicals and seeds at the core of its offerings. It operates on a fully integrated model, that integrates robust synthesis research and development in crop protection products and natural crop solutions as well as robust seeds breeding program, with backward-integrated technology enabled manufacturing and pan-India distribution, with a farmer-centric approach. To learn more, visit www.crystalcropprotection.comStatement under the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: FMC and its representatives may from time to time make written or oral statements that are “forward-looking” and provide other than historical information, including statements contained in this press release, in FMC’s other filings with the SEC, and in presentations, reports or letters to FMC stockholders.In some cases, FMC has identified these forward-looking statements by such words or phrases as “outlook”, “will likely result,” “is confident that,” “expect,” “expects,” “should,” “could,” “may,” “will continue to,” “believe,” “believes,” “anticipates,” “predicts,” “forecasts,” “estimates,” “projects,” “potential,” “intends” or similar expressions identifying “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including the negative of those words or phrases. Such forward-looking statements are based on our current views and assumptions regarding future events, future business conditions and the outlook for the company based on currently available information. The forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any results, levels of activity, performance or achievements expressed or implied by any forward-looking statement. These statements are qualified by reference to the risk factors included in Part I, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2025 (the “2025 Form 10-K”), the section captioned “Forward-Looking Information” in Part II of the 2025 Form 10-K and to similar risk factors and cautionary statements in all other reports and forms filed with the Securities and Exchange Commission (“SEC”). We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Forward-looking statements are qualified in their entirety by the above cautionary statement.We specifically decline to undertake any obligation, and specifically disclaim any duty, to publicly update or revise any forward-looking statements that have been made to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events, except as may be required by law.Logo – https://www.newsoutnow.com/wp-content/uploads/2026/05/FMC_Corporation_X_Crystal_Crop_Protection_Limited_Logo.jpg

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Now Is Your Spark: Huawei Empowers Everyone to Be the Star of Their Own Life with All-Scenario Technologies

PR Newswire — Thu, 07 May 2026 11:49:48 +0000

Huawei’s Bangkok Launch Ignites All-Scenario Intelligence, Opening a New Chapter of Smart LifeBANGKOK, May 7, 2026 /PRNewswire/ — On May 7, 2026, Huawei held the “Now Is Your Spark” global product launch in Bangkok, Thailand, where they officially unveiled the HUAWEI MatePad Pro Max, HUAWEI WATCH FIT 5 Series, HUAWEI WATCH GT Runner 2 Racing Legend Edition, and other innovative products. With all-scenario technology, these devices serve as a genuine extension for global users to explore the world and express themselves.
An ultra-slim flagship tablet setting new benchmarks in mobile productivityHuawei globally debuted the HUAWEI MatePad Pro Max at this launch. Combining refined design, a premium display, PC-level productivity, and a full suite of creative tools, the HUAWEI MatePad Pro Max provides flagship tablet performance in a remarkably thin and light form factor. At 499g and measuring a mere 4.7 mm thick, even the exclusive PaperMatte Edition weighs just 509g, HUAWEI MatePad Pro Max is the thinnest and lightest tablet among the 13-inch+ tablet.Smart wearables refreshed for the next generationHuawei has introduced a fresh lineup of smart wearables tailored for the young generation. The HUAWEI WATCH FIT 5 Series retains its iconic square design, now enhanced with a sleek, vibrant aesthetic. It guides users through engaging and accessible mini-workouts, encouraging a more active lifestyle. The series also supports a wide range of competitive sports, including cycling, golf, trail running, and tennis. With advanced tracking, analysis, and guidance features, it caters to diverse needs, from daily fitness routines to competitive sport.Debuting at this event, the HUAWEI WATCH GT Runner 2 Racing Legend Edition is a professional running watch that embodies the look and feel of marathon racing. It features a new single running ability index (RAI) and a professional Training Camp Dashboard, giving runners deeper data insights to train smarter and race harder.Huawei partnered with renowned jewelry designer Francesca Amfitheatrof to launch the HUAWEI WATCH ULTIMATE DESIGN Spring Edition. Inspired by the blooming beauty of spring, this design features 99 natural diamonds and diamond-cut sapphire glass, a wearable celebration of feminine strength and vitality.Huawei has also unveiled new premium flagship kids watches: the HUAWEI WATCH KIDS X1 Series. Equipped with a front and rear high-definition camera setup, it features a 110° ultra-wide-angle front camera and a 1.82-inch AMOLED screen, offering a larger display and broader field of view. The device also includes a detachable and rotatable device body and AR fun feature, enabling kids to capture every precious moment of their explorations.A new phone experience for the diverse needs of young usersHuawei officially launched the HUAWEI nova 15 Max, redefining the experience for a generation that plays hard and shoots sharp. Equipped with a 50 MP RYYB Ultra Vision Camera, it delivers true-to-life colors even in low light or backlit conditions. The 8,500 mAh Super Battery powers all-day use, eliminating battery anxiety. The Extra-Durable Body is drop-resistant, so everyday bumps are no longer a worry. Combined with a Vivid OLED Screen and Symmetrical Stereo Dual Speakers, an immersive audio-visual experience is always within reach. From photography to battery life, and from durability to audio-visuals, the HUAWEI nova 15 Max continuously empowers every passion.From flagship tablets to smartwatches designed for children, Huawei’s connected device ecosystem continues to expand its presence in the daily lives of users around the world. Huawei remains committed to technology that is not only useful, but genuinely enriching, technology that ignites inspiration. Huawei looks forward to continued collaboration with users around the world, helping people live and work better, wherever they are.Photo – https://www.newsoutnow.com/wp-content/uploads/2026/05/HUAWEI_MatePad_Pro_Max.jpgPhoto – https://www.newsoutnow.com/wp-content/uploads/2026/05/HUAWEI_WATCH_FIT_5_Pro.jpgPhoto – https://www.newsoutnow.com/wp-content/uploads/2026/05/HUAWEI_nova_15_Max.jpg

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Multi Investment accelerates its diversification strategy following a CHF 480 million capital raise

PR Newswire — Thu, 07 May 2026 10:50:40 +0000

GENEVA, May 7, 2026 /PRNewswire/ — Following a significant capital raise of CHF 480 million, Multi Investment confirms its position as a dynamic player in international investment. The company, which has already supported several businesses worldwide, is now entering a new strategic phase focused on portfolio diversification. It currently manages over CHF 3 billion in Assets Under Management (AUM).
As a deliberately discreet investor, Multi Investment adopts a selective and confidential approach, built on long-term trusted relationships with its partners. This discretion reflects a clear commitment to focusing on value creation rather than media exposure.Building on this growth and the trust of its partners, Multi Investment aims to expand its scope into high-potential, innovation-driven sectors. Target areas include fintech, deep tech, healthcare, blockchain and Web3, as well as biotechnology.This strategic direction reflects a clear objective: to anticipate major global economic and technological shifts while supporting high value-added projects. The firm intends to strengthen its impact by backing innovative companies capable of shaping the industries of tomorrow.As part of this initiative, Multi Investment plans to intensify its investments in these strategic sectors before the third quarter of 2026, with the objective of investing more than CHF 250 million by the end of Q3 2026. Several transactions are currently under review, with the ambition of rapidly strengthening its presence across these fast-growing ecosystems.With this new phase, Multi Investment reaffirms its ambition to become a leading global investment firm, combining financial performance with a long-term vision.Logo: https://www.newsoutnow.com/wp-content/uploads/2026/05/Multi_Investment_Logo.jpg

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Agthia Group Launches First-of-Its-Kind F&B Capability Building Platform to Develop Emirati Talent

PR Newswire — Thu, 07 May 2026 10:30:28 +0000

ABU DHABI, UAE, May 7, 2026 /PRNewswire/ — Agthia Group PJSC (AGTHIA:UH; or the “Group”) launched the Agthia Academy powered by Bühler – a first-of-its-kind capability-building platform created to equip Emirati entrepreneurs, operators, and future specialists with world-class food manufacturing expertise in milling, baking, and production excellence. The program enables participants to translate global standards into day-to-day practice, improving quality, efficiency, and operational discipline, while supporting the UAE’s broader food security agenda.
The launch of the Agthia Academy coincides with Agthia’s participation in Make it in the Emirates 2026, adopting an industry-led approach to skills development. It strengthens capabilities across the food value chain, elevates operational standards, and contributes to sustainable sector growth.Commenting on the launch, Salmeen Alameri, Managing Director and Chief Executive Officer of Agthia Group, said: “The Academy reflects our firm belief that the future of the UAE’s food sector will be built on the strength of its people. We are creating a practical pathway that empowers Emirati talent to access global best practices and apply them with confidence, improving consistency, productivity, and operational excellence. By linking learning with real-world application and measurable outcomes, the Academy supports the UAE’s long-term food security ambitions and contributes to building a more resilient, competitive, and innovation-driven food economy.”Heiko Feuring, President at Bühler for Middle East, Africa & India added: “At Bühler, we believe the future of food manufacturing depends on equipping talent with both global knowledge and hands-on experience. Through our partnership with Agthia, the Academy provides Emirati entrepreneurs, operators, and specialists with access to advanced technologies, modern production practices, and deep industry expertise. By combining world-class training with practical application, we are helping to develop a skilled workforce capable of driving innovation, efficiency, and sustainability across the UAE’s food sector.”The Agthia Academy also strengthens academic collaboration with leading UAE institutions, including United Arab Emirates University, Zayed University, and the Abu Dhabi Hospitality Academy – Les Roches. These partnerships provide access to advanced technologies, industry expertise, and applied training methodologies, enabling universities to enhance their programmes, better prepare students for evolving industry needs, and create career pathways aligned with global food sector standards.The Academy will deliver a structured programme that combines classroom-based learning, hands-on technical training, and international exposure, delivered across Agthia Group’s facilities in Abu Dhabi and Bühler Group’s global training centres in Switzerland.The launch underscores Agthia’s long-term commitment to strengthening food security and developing national human capital, while reinforcing Abu Dhabi’s position as a leading hub for advanced food manufacturing, innovation, and industry-led learning.Photo – https://www.newsoutnow.com/wp-content/uploads/2026/05/Strategic_Collaboration.jpgLogo – https://www.newsoutnow.com/wp-content/uploads/2026/05/Agthia_Group_logo.jpg

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CATL Subsidiary CAIT Partners up with Togg on Bedrock Chassis

PR Newswire — Thu, 07 May 2026 10:30:27 +0000

NINGDE, China, May 7, 2026 /PRNewswire/ — On April 29th, Contemporary Amperex Intelligent Technology (Shanghai) Limited (CAIT), CATL’s skateboard chassis arm, has entered into a strategic partnership with Turkish automotive brand Togg to jointly develop chassis platform for its new B-segment vehicle family, marking the first overseas passenger vehicle project for the platform.
Under the agreement, CAIT will contribute its Bedrock Chassis technology and engineering expertise, while working closely with Togg to co-develop the platform for three models in Togg’s new B-segment vehicle family. Developed in line with Togg’s product strategy, user expectations and mobility ecosystem, the platform will support next-generation electric vehicles for the Turkish and European markets, with Togg playing a defining role in shaping the user experience, product requirements and digital architecture. The first model developed under the partnership is expected to enter mass production in 2027.Battery-centric chassis architectureThe Bedrock Chassis is an integrated intelligent chassis built around a “battery-centric” architecture. It combines core chassis components including the battery, electric drive system, thermal management system and chassis domain controller into a single platform. This integration allows the chassis to manage both vehicle energy and motion control, effectively acting as a mobile energy carrier for the vehicle.Robin Zeng, Chairman and CEO of CATL, said, “This collaboration represents another important milestone in the global expansion of the CATL Bedrock Chassis following its mass production rollout in the Chinese market. It will also serve as a benchmark project in the field of integrated intelligent chassis, strengthening our global partnerships, accelerating electrification and supporting the transition to low-carbon mobility in emerging new energy markets.”Commenting on the partnership, Togg Chairman Fuat Tosyalı said: “We see mobility not merely as a product category, but as a holistic matter of technology and ecosystem. In this direction, we are taking the partnerships we establish beyond conventional supplier relationships and turning them into strategic partnerships that create shared value and build the future together. Rather than adopting a ready-made solution, we are becoming part of the entire development process, responding more effectively to user needs while also contributing to the development of this ecosystem in our country. In the period ahead, through such value-creating partnerships, we will further enrich the Togg ecosystem and the experience we offer our users by developing new solutions across different segments.”Localised model for global marketsThe Bedrock Chassis has been developed for global deployment through a “1+1+1” localisation model. This model combines one chassis technology platform with one industrial supply chain pathway and the localised operation of one domestic automotive brand. The aim is to allow electric vehicles to be designed and produced in ways that reflect the needs of local markets while using a common technological foundation.The partnership with Togg is expected to apply this approach in Türkiye, supporting the development of vehicles tailored to regional consumer preferences while strengthening the local electric vehicle ecosystem.Expanding international partnershipsIn 2024, the Bedrock Chassis achieved mass production in the Chinese market, marking the world’s first deployment of an integrated intelligent chassis offered as a standalone product to passenger vehicle brands.CAIT is continuing to expand cooperation around the Bedrock Chassis in several regions, including Europe and Southeast Asia. The platform is designed to help emerging automotive markets build competitive electric vehicle industries more efficiently, while supporting the global shift towards low-emission mobility.Photo – https://www.newsoutnow.com/wp-content/uploads/2026/05/image1-5.jpg

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