Home Blog Page 1205

Insilico Medicine Appoints Halle Zhang, PhD (Med), as Vice President, Clinical Development – Oncology

CAMBRIDGE, Mass., Feb. 6, 2026 /PRNewswire/ — Insilico Medicine (“Insilico”)  (3696.HK),  a clinical-stage biotechnology company powered by generative artificial intelligence (AI), today announced the appointment of Halle Zhang, PhD (Med), as Vice President, Clinical Development – Oncology. Dr. Zhang will report to Feng Ren, Co-Chief Executive Officer and Chief Scientific Officer of Insilico Medicine, and will be based in the company’s Cambridge, Massachusetts office.

In this role, Dr. Zhang will lead the global clinical development strategy and execution for Insilico’s oncology portfolio, guiding both early- and late-stage programs across multiple tumor types. She will also contribute to broader portfolio planning and the company’s growth strategy, partnering closely with discovery, translational, biomarker, regulatory, and clinical operations teams to accelerate development timelines and deliver differentiated, patient-centered therapies.

Dr. Zhang is a strategic leader in oncology clinical development with more than 20 years of experience spanning academia, biotechnology, and the pharmaceutical industry. Most recently, she served as Global Clinical Development Program Leader for late-stage oncology and Global Program Leader for early oncology at Bristol Myers Squibb, where she was accountable for global development strategy and execution across multiple solid tumor indications, including lung, breast, melanoma, gastric, colorectal, bladder, and head and neck cancers. Her experience spans diverse therapeutic modalities, including immuno-oncology–based approaches, targeted small-molecule therapies, and antibody–drug conjugates (ADCs), leading programs from first-in-human studies through registrational trials.

She worked closely with global regulatory authorities to shape development strategies, optimize study design, and support regulatory submissions, while integrating translational science and biomarker strategies into clinical plans. Over the course of her career, she has built and scaled high-performing clinical development organizations and is recognized for fostering a culture of scientific rigor, accountability, and collaboration.

Earlier, Dr. Zhang held senior clinical development leadership roles at Infinity Pharmaceuticals and BioMed Valley Discoveries and began her career in academic research and clinical operations at Harvard Medical School, where she led NIH-sponsored clinical trials. She holds a PhD in Medicine and an MSc in Immunology and Microbiology from University of Birmingham, and a BSc in Nursing from University of Portsmouth.

“Halle brings exceptional scientific depth, strategic judgment, and operational excellence to Insilico’s oncology programs,” said Alex Zhavoronkov, PhD, Founder and CEO of Insilico Medicine. “Her proven leadership across global oncology development will be instrumental as we continue to expand our AI-driven pipeline and translate innovative science into meaningful clinical outcomes for patients.”

“I am excited to join Insilico Medicine at such an important stage of growth,” said Dr. Zhang. “Insilico’s unique AI-driven platform, combined with a bold, science-first culture, creates a powerful opportunity to rethink how oncology medicines are discovered and developed. I look forward to partnering with this talented team to advance therapies that address significant unmet needs for patients.”

Over the past year, Insilico Medicine’s oncology pipelines have been moving forward with high efficiency. Several innovative pipelines designed and optimized with the help of Chemistry42 have progressed to Phase I clinical trials. In January 2025, ISM6331, a pan-TEAD inhibitor with an innovative structure, was announced to have completed first patient dosing in a global, multicenter Phase I clinical trial for the treatment of mesothelioma and other solid tumors. In June 2025, ISM3412, a potential “best-in-class” inhibitor targeting MAT2A, was announced to have completed first patient dosing in patients with locally advanced and metastatic solid tumors, aiming to evaluate safety, tolerability, PK/PD characteristics, and preliminary efficacy.

In addition to advancing its internal pipeline, Insilico Medicine and its global partners have achieved multiple milestones across collaborative oncology programs. The company entered a multi-program discovery and development collaboration with Servier valued at up to USD $888 million to leverage Insilico’s AI platform to generate first-in-class small-molecule cancer therapies. Under its collaboration totaling up to USD $550 million with Menarini Group, Insilico received a USD $3 million development and regulatory milestone payment in July 2025, followed by a USD $5 million milestone upon dosing the first patient in the Phase I clinical trial of MEN2501 (ISM9682), a highly differentiated KIF18A small-molecule inhibitor.

Harnessing state-of-the-art AI and automation technologies, Insilico has significantly improved the efficiency of preclinical drug development. While traditional early-stage drug discovery typically requires 3 to 6 years, from 2021 to 2024 Insilico nominated 20 preclinical candidates, achieving an average turnaround – from project initiation to preclinical candidate (PCC) nomination – of just 12 to 18 months per program, with only 60 to 200 molecules synthesized and tested in each program.

About Insilico Medicine

Insilico Medicine, a leading and global AI-driven biotech company, utilizes its proprietary Pharma.AI platform and cutting-stage automated laboratory to accelerate drug discovery and advance innovations in life sciences research. By integrating AI and automation technologies and deep in-house drug discovery capabilities, Insilico is delivering innovative drug solutions for unmet needs including fibrosis, oncology, immunology, pain, and obesity and metabolic disorders. Additionally, Insilico extends the reach of Pharma.AI across diverse industries, such as advanced materials, agriculture, nutritional products and veterinary medicine. For more information, please visit www.insilico.com.

Samsung Biologics leads climate transparency with independent validation of Product Carbon Footprint system

  • Samsung Biologics’ PCF system validated in line with globally established ISO and PAS standards
  • Validation reflects continued efforts to establish credible carbon accounting in support of net-zero goals
  • Validated system provides reliable, consistent carbon footprint data for clients

INCHEON, South Korea, Feb. 6, 2026 /PRNewswire/ — Samsung Biologics (KRX: 207940.KS), a leading contract development and manufacturing organization (CDMO), announced that its product carbon footprint (PCF) system has been validated by Det Norske Veritas (DNV), an independent third-party assurance provider, confirming alignment with globally recognized standards.

The validation confirms that Samsung Biologics’ PCF calculation methodology complies with global standards, including ISO 14067 and PAS 2050. This reflects the company’s advanced and systematically developed approach to carbon accounting across biopharmaceutical manufacturing processes, supporting transparency and consistency in sustainability reporting.

The validation was conducted by DNV, an independent assurance and risk management provider headquartered in Norway. DNV assessed the validity of the company’s PCF system across data input, conversion, and output, confirming that the assumptions, methods, and overall approach follow globally accepted practices.

Through this validated PCF framework, Samsung Biologics aims to support clearer communication and greater comparability of product-level carbon footprint data across the biopharmaceutical value chain, in line with evolving client expectations and sustainability requirements.

“Achieving independent validation of our PCF system reflects the rigor and transparency of the carbon data we provide to clients,” said John Rim, President and CEO of Samsung Biologics. “This represents the company’s continued focus on building sustainable operations based on established standards, while maintaining reliable and consistent manufacturing. As sustainability considerations continue to shape decision-making across the biopharmaceutical industry, we believe this system enables constructive collaboration with our partners.”

Samsung Biologics’ sustainability efforts have also been recognized through its recent EcoVadis assessment, where the company received a Platinum rating, placing it among the top one percent of companies evaluated globally for sustainability management.

For more information on Samsung Biologics’ sustainability efforts, please visit the company’s website.

About Samsung Biologics Co., Ltd.

Samsung Biologics (KRX: 207940.KS) is a leading contract development and manufacturing organization (CDMO), offering end-to-end integrated services that range from late discovery to commercial manufacturing.

With a combined biomanufacturing capacity of 785,000 liters across Bio Campus I and II, and 60,000 from the planned acquisition of a manufacturing facility in Rockville, Maryland, U.S. upon deal closure at the end of Q1 2026, Samsung Biologics leverages cutting-edge technologies and expertise to advance diverse modalities, including multispecific antibodies, fusion proteins, antibody-drug conjugates, and mRNA therapeutics.

By implementing the ExellenS™ framework across its manufacturing network with standardized designs, unified processes, and advanced digitalization, Samsung Biologics ensures plant equivalency and speed for manufacturing continuity.

Samsung Biologics’ global manufacturing and commercial network spans Korea, the U.S., and Japan. Samsung Biologics America supports clients based in the U.S. and Europe, while its Tokyo sales office serves the APAC region. Samsung Biologics continues to invest in new capabilities to maximize operational and quality excellence, ensuring flexibility and agility for clients. The company is committed to the on-time, in-full delivery of safe, high-quality biomedicines, as well as to making sustainable business decisions for the betterment of society and global health.

For more information, visit https://samsungbiologics.com/.

Media Contact

Claire Kim, Senior Director cair.kim@samsung.com

Becky Lee, Director brite.lee@samsung.com

MicroCloud Hologram Inc. Develops GHZ State and W State Transmission Scheme Based on Brownian State Quantum Channel

SHENZHEN, China, Feb. 6, 2026 /PRNewswire/ — MicroCloud Hologram Inc. (NASDAQ: HOLO), (“HOLO” or the “Company”), a technology service provider, developed a transmission scheme for GHZ states and W states based on Brownian state quantum channels. This scheme establishes an efficient transmission mechanism for multi-particle entangled states by constructing special quantum channels and measurement systems. At the technical implementation level, HOLO uses quantum Fourier transform for quantum state projection measurement and precisely designs the sequence of quantum gate operations required for reconstructing quantum states at the receiving end. This technical scheme not only perfects the theoretical system of quantum teleportation but also provides new technical paths for information transmission in large-scale quantum systems, promoting the development of quantum communication technology toward practicalization.

In terms of technical architecture design, the implementation of the Brownian state quantum channel demonstrates significant innovation. The Brownian state is a special four-particle entangled state, whose characteristics are very suitable for constructing quantum transmission channels. HOLO utilizes this entanglement characteristic to establish stable quantum links. When transmitting the three-particle GHZ state, the sender performs joint measurement on the quantum state to be transmitted and specific particles in the Brownian state, which establishes quantum correlation between the transmission state and the channel state. The key to technical implementation lies in using specially designed measurement devices to make the measurement results form a definite correspondence with the channel state. This design enables the receiver to select the corresponding quantum gate operations to reconstruct the original quantum state based on the measurement results transmitted through the classical channel.

The quantum Fourier transform plays a key role in this protocol, and its technical implementation has unique advantages. The research team adopts the quantum Fourier transform to construct the basic measurement framework required for projection measurement; this method has better system adaptability compared to traditional measurement methods. Through this mathematical transformation method, researchers can map quantum states to a set of standard measurement bases, thereby achieving accurate measurement of quantum states. In actual operation, this transformation is realized through an ordered combination of a series of quantum logic gates, and its system complexity maintains a reasonable relationship with the number of qubits, ensuring the scalability of the scheme.

In the design and implementation stage of quantum gate operations, HOLO has established complete technical specifications. Based on quantum mechanics principles, the research team accurately calculates all quantum gate operations that the receiving end needs to execute to reconstruct the quantum state. For the transmission of GHZ states, these operations include the combined application of specific types of phase gates and controlled-NOT gates; whereas for the transmission of W states, it is necessary to implement more complex multi-particle control operations. Technical documents show that all quantum gate operations can be represented using a standard quantum gate set; this representation method simplifies the operation process and facilitates implementation on different quantum hardware platforms. The research team has also verified the feasibility of these quantum gate operations on superconducting quantum processors; through precise regulation of the electromagnetic control signals of qubits, the required quantum logic operations can be reliably realized.

From the perspective of technical application prospects, this protocol has broad application potential in the field of quantum communication. The use of quantum Fourier transform makes the construction of measurement bases more systematic and standardized, and this characteristic is advantageous for unified implementation on different quantum hardware platforms. In quantum network architectures, this protocol can be used to build core transmission modules for distributed quantum computing, realizing the transmission of quantum information between different computing nodes. In addition, HOLO has also explored application schemes for this technology in specific scenarios such as quantum secure communication and distributed quantum measurement. With the continuous advancement of quantum hardware technology, particularly the continuous improvement in qubit performance and quantity, this transmission protocol is expected to play an important role in future quantum information systems, providing key technical support for building large-scale quantum networks.

About MicroCloud Hologram Inc.

MicroCloud Hologram Inc. (NASDAQ: HOLO) is committed to the research and development and application of holographic technology. Its holographic technology services include holographic light detection and ranging (LiDAR) solutions based on holographic technology, holographic LiDAR point cloud algorithm architecture design, technical holographic imaging solutions, holographic LiDAR sensor chip design, and holographic vehicle intelligent vision technology, providing services to customers offering holographic advanced driving assistance systems (ADAS). MicroCloud Hologram Inc. provides holographic technology services to global customers. MicroCloud Hologram Inc. also provides holographic digital twin technology services and owns proprietary holographic digital twin technology resource libraries. Its holographic digital twin technology resource library utilizes a combination of holographic digital twin software, digital content, space data-driven data science, holographic digital cloud algorithms, and holographic 3D capture technology to capture shapes and objects in 3D holographic form. MicroCloud Hologram Inc. focuses on developments such as quantum computing and quantum holography, with cash reserves exceeding 3 billion RMB, and plans to invest more than 400 million in USD from the cash reserves to engage in blockchain development, quantum computing technology development, quantum holography technology development, and derivatives and technology development in frontier technology fields such as artificial intelligence AR. MicroCloud Hologram Inc.’s goal is to become a global leading quantum holography and quantum computing technology company.

Safe Harbor Statement

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic; financial condition and results of operations; the expected growth of the holographic industry and business conditions in China and the international markets the Company plans to serve and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the Securities and Exchange Commission (“SEC”), including the Company’s most recently filed Annual Report on Form 10-K and current report on Form 6-K and its subsequent filings. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

World’s Best Tactical Police Units Converge at UAE SWAT Challenge 2026

DUBAI, UAE, Feb. 6, 2026 /PRNewswire/ — The UAE SWAT Challenge continues to strengthen its position as a leading global platform bringing together elite tactical police and special forces units from around the world, according to commanders participating in the 7th edition, which runs from 7-11 February 2026 in Dubai.

UAE SWAT Challenge 2026 Kicks off in Dubai
UAE SWAT Challenge 2026 Kicks off in Dubai

Team leaders said the challenge plays a vital role in enhancing operational readiness by improving physical and mental preparedness, reinforcing teamwork under pressure, and simulating realistic policing scenarios that closely reflect daily field operations.

Lieutenant Colonel George Rumanzi, Commissioner of Operations and Public Order at the Rwanda National Police and leader of the Rwanda team, highlighted the steady growth in both participation and performance levels. He noted that standards continue to rise with each edition, adding that Rwanda is aiming for a strong performance this year, particularly in the obstacle challenge.

Lieutenant Colonel Abdullah Ayman Al Mugharbil, General Supervisor of the two Syrian teams, said preparations were based on detailed analysis of previous editions. He explained that specialised training facilities were developed to replicate competition conditions, supported by an intensive three-month programme focusing on fitness, tactical readiness, and complex field scenarios.

Officer Cristian Fernandez, leader of the Paraguay team and a first time participant, described the UAE SWAT Challenge as one of the world’s most closely followed tactical competitions, praising the professionalism of the teams and the high level of organisation.

Officer Joffre Ortega, leader of Ecuador Team 2, said the challenge closely mirrors real policing environments, requiring precision, resilience, and teamwork, while allowing teams to exchange expertise and maintain operational readiness.

From the host nation, First Lieutenant Yasser Al Zarouni, Manager of Dubai Police SWAT Team, described the event as a global platform for knowledge exchange and cooperation, stressing that its objectives extend beyond competition to strengthening international partnerships.

Sergeant James Coddington, leader of Dallas SWAT team from the United States, said their participation was inspired by the experience of American teams in previous editions. He noted that intensive preparation aims to improve performance under pressure and sharpen tactical decision making.

Organised by the Ministry of Interior and hosted by Dubai Police, the UAE SWAT Challenge features 5 realistic challenges across five days, with teams competing for a total prize pool of USD 260,000. Competitions will be broadcast live on the official UAE SWAT Challenge YouTube channel.

Media contacts:
UAE SWAT Challenge Media Centre
swatmedia@dubaipolice.gov.ae
+97146996224

IIT Madras strengthens Southeast Asia presence through strategic partnership in Singapore

CHENNAI, India, Feb. 6, 2026 /PRNewswire/ — India’s leading institution for higher education, the Indian Institute of Technology Madras (IIT Madras), is expanding its global footprint through a new established entity IIT Madras Global Research Foundation (IITM Global).

Indian External Affairs Minister Dr S Jaishankar (3rd L) releases a book on ‘India’s Innovation Ecosystem Going Global’ on 2 Jan at IITM, India
Indian External Affairs Minister Dr S Jaishankar (3rd L) releases a book on ‘India’s Innovation Ecosystem Going Global’ on 2 Jan at IITM, India

ITM Global’s charter pivots on four key pillars of Growth stage deep-tech startups, Research & Consultancy, IPs & Transfer of Technology and High Academic & Skilling programs.

IITM Global is a plug-and-play platform that has been newly launched by Dr. S. Jaishankar, Hon’ble Minister of External Affairs, Government of India. The initiative supports IIT Madras’s vision to become the world’s first multinational university by positioning it as a globally networked hub for education, research, innovation and entrepreneurship.

Addressing the IITM Global launch event at IIT Madras Campus on 2nd Jan 2026 Dr. S. Jaishankar said, “An IIT Madras Campus in Tanzania is a way by which Indian Foreign Policy has leveraged the capabilities of an Institution here to make a huge impact. In ten years from now, think how many Students of Africa would have passed through its portals. Look at the impact that we would have on the minds of people who, in their own countries, would be economic and technology leaders. We are a human resource power and we should play to our strengths. We now have the capability to start doing so. When institutions of excellence in the country start going abroad, the business of foreign policy gains a huge addition to our arsenal. This is something very transformational.“

As part of its South Asia expansion, IITM Global has partnered with GATES to build a long-term, market / customer connected innovation ecosystem focused on growth stage startups (Scaleups). The collaboration will serve as a strategic gateway for IITM Global deepen engagement with the tech ecosystem that serves ASEAN countries hence enabling startups to gain access to the growth markets of the region.

This strategic partnership will support scaling of startups incubated by IIT Madras into ASEAN. An additional focus of the collaboration will be the commercialisation of intellectual property developed at IIT Madras.

The partnership will facilitate structured licensing frameworks and industry engagement to translate cutting-edge research into deployable technologies with global relevance. By connecting academic research, startups and industry partners, IITM Global and GATES aim to create clear pathways from laboratory innovation to market impact.

Through its partnership with GATES IITM Global, aims to strengthen cross-border collaboration, enable startup internationalisation and create new avenues for globally impactful research, technology commercialisation across Southeast Asia and beyond.

Widely recognised as India’s top-ranked institution for higher education, IIT Madras is ranked #1 Overall and #1 Engineering Institute in India’s National Institutional Ranking Framework (NIRF), #180 in the QS World University Rankings and #56 in the QS Asian University Rankings. The institute hosts a comprehensive research ecosystem.

 

Phemex Introduces 24/7 TradFi Futures Trading with 0-Fee Carnival, Creating an All-in-One Trading Hub

APIA, Samoa, Feb. 6, 2026 /PRNewswire/ — Phemex, a user-first crypto exchange, announced the launch of Phemex TradFi, a new futures trading offering that allows users to access traditional financial assets, including stocks and precious metals, on a 24/7 basis. Futures linked to commodities, foreign exchange, and global indices will be introduced in subsequent phases.

Phemex Introduces 24/7 TradFi Futures Trading with 0-Fee Carnival, Creating an All-in-One Trading Hub
Phemex Introduces 24/7 TradFi Futures Trading with 0-Fee Carnival, Creating an All-in-One Trading Hub

The launch marks Phemex’s entry into multi-market derivatives, enabling traders to manage exposure to both crypto and traditional assets within a single, USDT-settled futures framework. To support early adoption, Phemex is introducing a 0-Fee TradFi Futures Carnival, offering three months of zero trading fees, starting from February 6, on stock futures alongside a $100,000 incentive pool aimed at structured and risk-aware participation, and a first-trade protection mechanism that reimburses eligible users with trading bonus if their initial TradFi futures trade results in a loss.

Unlike spot markets that are constrained by exchange hours, TradFi futures continue price discovery outside standard trading sessions. By bringing this derivative structure into a crypto-native environment, Phemex allows users to respond to global macro events as they unfold, whether during nights, weekends, or market closures—without switching platforms or settlement systems.

Phemex TradFi is designed for traders seeking simplicity and continuity across markets. Users can trade crypto and traditional futures side by side, benefit from transparent maker-taker pricing rather than spread-based execution, and apply strategy-driven tools to manage risk more systematically. Copy trading support for TradFi futures is also planned, extending Phemex’s strategy trading ecosystem into traditional markets.

“As markets become more connected and operate beyond fixed sessions, platforms need to evolve with them” commented Federico Variola, CEO of Phemex. “Our goal with Phemex TradFi is not to replicate traditional markets, but to rethink how they are accessed — bringing continuous availability, unified settlement, and risk-aware tools into a single trading environment that reflects how traders actually operate today.”

The introduction of TradFi futures signals Phemex’s evolution from a crypto-native exchange into a broader derivatives platform built for always-on global markets. As additional asset classes roll out, Phemex aims to offer traders a more integrated, resilient, and forward-looking way to navigate both digital and traditional finance.

About Phemex
Founded in 2019, Phemex is a user-first crypto exchange trusted by over 10 million traders worldwide. The platform offers spot and derivatives trading, copy trading, and wealth management products designed to prioritize user experience, transparency, and innovation. With a forward-thinking approach and a commitment to user empowerment, Phemex delivers reliable tools, inclusive access, and evolving opportunities for traders at every level to grow and succeed.

For more information, please visit: https://phemex.com/ 

AITO and ADM Enter into Strategic Partnership, Marking a New Chapter in the Global Expansion of Intelligent Luxury

CHONGQING, China, Feb. 6, 2026 /PRNewswire/ — AITO, China’s luxury intelligent vehicle brand, has officially signed a strategic cooperation agreement with Performance Plus Motors (subsidiary of Abu Dhabi Motors), a leading luxury automotive dealer group in the United Arab Emirates. The agreement was signed in Chongqing, China by Jason Wang, President of SERES AUTO Overseas BU, and Syed Faiz Karim, CEO of Abu Dhabi Motors. Leon He, President of SERES AUTO, and Kelvin Zhao, Chief Representative of ADM China, attended the signing ceremony as witnesses. This partnership marks a major milestone in AITO’s expansion into overseas luxury new energy vehicle markets and signals the official launch of the brand’s next phase of global growth.

Signing Ceremony
Signing Ceremony

With 40 years of industry experience, ADM has become one of the Middle East’s most influential luxury automotive dealer groups, supported by an extensive sales network, strong high-net-worth customer base, and professional operations and services. Its customer-centric philosophy and business innovations have set benchmarks for the industry. AITO has become the fastest emerging NEV brand to surpass one million units in production, achieved in just 46 months. The flagship AITO 9 has led China’s RMB 500,000+ segment for 21 consecutive months, reinforcing AITO’s leadership in luxury intelligent mobility with its strong product strength.

This strategic partnership will create a strong mutual empowerment, continuously strengthening core competitiveness across the luxury automotive space. Through deep collaboration, the two parties will embark on a new chapter in the Middle East’s intelligent luxury vehicle market, achieving shared value growth for both the brand and the market.

Performance Plus Motors, subsidiary of ADM, will be responsible for the sales, delivery, and after-sales service of AITO’s luxury intelligent models in the UAE, with plans to establish brand experience and service centers that deliver in-depth user experiences aligned with AITO’s positioning. At the same time, ADM will leverage market insights to drive localized marketing and brand communications, supporting AITO’s accelerated entry into the region’s high-end consumer segments. The two parties will also collaborate across customer service, market intelligence and resource sharing, aiming to build a long-term, win-win partnership.

Jason Wang, President of SERES AUTO Overseas BU and Syed Faiz Karim, CEO of ADM
Jason Wang, President of SERES AUTO Overseas BU and Syed Faiz Karim, CEO of ADM

Jason Wang, President of SERES AUTO Overseas BU, stated: “Our collaboration with ADM is an important milestone in AITO’s globalization strategy and marks a new starting point for joint exploration of the luxury NEV market in the Middle East. ADM’s extensive experience and resources in the local luxury automotive market will provide strong support for AITO’s local operations. This mutual effort will not only bring intelligent innovation to the Middle Eastern luxury car market but also drive AITO’s technological capabilities to achieve greater breakthroughs in the global market.”

Syed Faiz Karim, CEO of ADM, said: “AITO’s technological capabilities, product quality, and luxury brand positioning align closely with the demands of the Middle East’s high-end market and match our philosophy of cultivating the luxury segment and pursuing exceptional experiences. We will leverage our channels, resources, and operational advantages to fully support AITO’s long-term development in the UAE market, explore new opportunities in the luxury NEV segment, and continuously deliver more innovative and luxurious mobility experiences.”

Middle East  AITO Models Road Test
Middle East AITO Models Road Test

AITO models have completed localized hardware and software adaptation and required certifications. The flagship AITO 9 has begun local user test drives in the UAE, marking a pioneering move by a Chinese brand to engage overseas users. At the same time, AITO vehicles have arrived at Dubai port, ready for immediate delivery upon official launch. ADM’s well-established local infrastructure will also provide a solid foundation for AITO’s product launch, delivery, and long-term operations in the UAE. AITO will continue to develop its presence in the Middle East, laying the foundations for expansion into surrounding regions, while steadily enhancing the brand’s international presence and advancement in the global luxury intelligent NEV market.

  

Abu Dhabi Launches Art Customs Duty Waiver Programme to Attract and Support Global Collectors

The programme ensures due diligence, documented provenance, ownership transparency, and alignment with legal and compliance standards.

ABU DHABI, UAE, Feb. 6, 2026 /PRNewswire/ — The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has announced the launch of a pioneering art customs duty waiver programme that will position the emirate as one of the world’s most trusted and forward-looking destinations for the long-term placement, conservation, and exhibition of high-value artworks. The initiative is established as a framework that prioritises governance, legal clarity, and institutional oversight as the foundation for participation.

© Department of Culture and Tourism – Abu Dhabi
© Department of Culture and Tourism – Abu Dhabi

Developed as part of Abu Dhabi’s broader cultural strategy, the programme offers a unique framework for high-net-worth collectors, family offices seeking a secure and expertly governed environment for the preservation of significant artworks valued from AED 10 million (US$2.72 million). It also ensures due diligence, documented provenance, ownership transparency, and alignment with applicable legal and compliance standards.

The art customs duty waiver programme is eligible for art brought into Abu Dhabi for a minimum term of three years, providing collectors with enhanced flexibility through a six-month export window. At launch, the programme focuses on regulatory certainty and structured oversight, with additional operational services evolving in a phased manner in the coming few months. Participants will also benefit from opportunities for art to be considered for scholarly study, research, and curated public engagement.

A specialised committee, comprising global experts will evaluate incoming submissions to ensure alignment with the programme’s standards and DCT Abu Dhabi’s commitment to safeguarding cultural assets of exceptional significance. This review process forms part of a broader governance approach designed to reinforce transparency, traceability, and responsible participation. A dedicated digital portal will allow collectors and family offices to submit expressions of interest, access programme details, and engage directly with advisory experts.

Through the programme, DCT Abu Dhabi reinforces the emirate’s position as a global cultural capital that provides not only world-class museums and institutions, but also the governance frameworks required to protect and elevate significant private collections. The Department’s approach differentiates itself by leading with regulation ensuring that long-term cultural development is supported by robust policy foundations.

The initiative is aligned with a long-term strategy to grow its cultural and creative industries, deepen international partnerships, and promote responsible, future-oriented cultural investment. Success will be measured by regulatory integrity, effective oversight, and adherence to international best practice. By offering a stable and transparent regulatory environment, Abu Dhabi aims to support collectors in preserving their legacies while contributing to global cultural understanding.

Applications for the programme will open through the official digital portal, enabling collectors and family offices worldwide to connect with the programme team and begin the eligibility assessment process. Further details will be made available to interested parties upon request.