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Vantage Showcases Global Expertise at Forex Traders Summit Dubai 2025

PORT VILA, Vanuatu, May 23, 2025 /PRNewswire/ — Vantage Markets capped off a standout appearance at the Forex Traders Summit Dubai 2025 as an official partner, earning the prestigious “Best Global Broker” award and reinforcing its reputation as a global leader in multi-asset trading. This recognition was awarded by summit organisers in acknowledgement of Vantage’s commitment to transparency, client success, and continuous innovation in the trading space. On top of that, the summit provided a perfect platform for Vantage to showcase its trading innovation and global knowledge through expert-led panels and keynote sessions. Ending off, Vantage hosted an exclusive private event celebrating its recent milestones.

Vantage was awarded “Best Global Broker” at Forex Traders Summit Dubai 2025
Vantage was awarded “Best Global Broker” at Forex Traders Summit Dubai 2025

Over the two-day summit, Vantage took center stage in a series of panel discussions featuring Nibal Abu Assaly and Souhail Fadlallah, Business Development Managers at Vantage, alongside other industry leaders. These dynamic exchanges covered market sentiment, institutional trading behaviors, and insights into how market participants approach challenges in a shifting global economy. Key takeaways included market positioning frameworks, trend confirmation techniques, and insights into how traders typically approach long-term strategies in volatile markets.

In addition to the panels, Vantage participated in two high-impact keynote sessions. On Day One, Souhail Fadlallah presented “Navigating the Storm: Perspectives on Strategic Risk Management in Volatile Markets,” offering attendees actionable strategies to turn uncertainty into opportunity through disciplined planning. On Day Two, Nibal Abu Assaly delivered “Institutional Insights: Understanding How Major Players Navigate the Forex Market,” highlighting the approaches used by top-tier financial institutions to manage liquidity, anticipate risk, and respond to evolving regulations.

Vantage Showcases Global Expertise at Forex Traders Summit Dubai 2025
Vantage Showcases Global Expertise at Forex Traders Summit Dubai 2025

To commemorate the successful wrap-up of the Forex Traders Summit, and the award recognition, Vantage hosted an exclusive afterparty at Billionaire Dubai. The glamorous event brought together invited guests from the international trading community for a night of luxury, networking, and celebration.

The evening opened with a powerful speech from Marc Despallieres, CEO of Vantage Markets, who shared his vision for the partnership with Scuderia Ferrari HP. He emphasized the synergy between both brands and Vantage’s commitment to challenge the status quo and continuous progress in their respective industries.

To commemorate the successful wrap-up of the Forex Traders Summit Dubai 2025
To commemorate the successful wrap-up of the Forex Traders Summit Dubai 2025

The celebration featured vibrant stage performances, a dedicated media wall for premium photo moments, and curated cocktails and canapés that delighted attendees throughout the night. As the evening progressed, upbeat music and a buzzing dance floor transformed the venue into an unforgettable after-party experience.

“Our presence at Forex Traders Summit Dubai 2025 marks an important chapter in our global journey,” said Marc Despallieres, CEO of Vantage Markets. “From thought leadership to industry recognition and the launch of a historic partnership with Ferrari, this event captured the energy, ambition, and momentum driving Vantage forward.”

As Vantage continues to grow its global brand presence through international events and initiatives, the brand remains committed to delivering world-class trading experiences and building meaningful connections with its global community. Visit Vantage Markets, for more updates.

About Vantage

Vantage Markets (or Vantage) is a multi-asset CFD broker offering clients access to a nimble and powerful service for trading Contracts for Difference (CFDs) products, including Forex, Commodities, Indices, Shares, ETFs, and Bonds.

With over 15 years of market experience, Vantage transcends the role of broker, providing a reliable trading platform, an award-winning mobile trading app, and a user-friendly trading platform that provide clients access to trading opportunities.

trade smarter @vantage

RISK WARNING: CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. Ensure you understand the risks before trading.

Disclaimer: This article is provided for informational purposes only and does not constitute financial advice, an offer, or solicitation of any financial products or services. The content is not intended for residents of any jurisdiction where such distribution or use would be contrary to local law or regulation. Readers are advised to seek independent professional advice before making any investment or financial decisions. Any reliance you place on the information presented is strictly at your own risk.

Southeast Asia Navigates U.S. Tariffs: An Octa Broker Analysis


KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 23 May 2025 – Asian countries are navigating uncertainty amidst the U.S. tariff pause. The region runs a large trade surplus with the U.S., and many countries’ economies rely heavily on exports. Now, the Asian states have about seven weeks left to negotiate new trade deals with the U.S. Octa Broker looks at the progress made so far and weighs the chances for a final agreement.

Octa Broker

Ever since Donald Trump became the 47th President of the United States (U.S.), the markets have grown increasingly concerned about the health of the world economy. Specifically, the outlook for the international trade order became uncertain as Trump’s 2024 election platform included expansive claims about new tariffs. Indeed, on 2 April, 2025, Trump unveiled his long-promised ‘reciprocal’ tariffs strategy, essentially imposing hefty import duties on more than a hundred of countries. However, less than a week after revealing his reciprocal tariffs, Trump adjusted his policy, declaring that countries that had not retaliated would receive a reprieve until July and would only face a blanket US tariff of 10%. At the same time, the tariffs on China were increased even further.

The principal idea behind Trump’s aggressive trade policy is that higher import costs would encourage global manufacturers to re-locate production into the U.S., while also pressuring other nations to buy more U.S. goods, thereby correcting the U.S.’s massive trade deficit. Thus, counties that run large trade surpluses with the U.S. have most to fear and most to lose from these tariffs. Many of these countries are located in South and Southeast Asia (see the table below). For these countries, Trump’s decision to pause the reciprocal tariffs for 90 days has offered a critical window for negotiation.

Selected data for international trade in goods for some Asian countries (2024)
Trade balance with the U.S. (million USD) Share of U.S. imports After reciprocal tariffs imposed Total until July
Cambodia 9,652 <1% 49% 10%
China 359,850 13.4% 34% negotiations still ongoing
India 42,931 2.7% 26% 10%
Indonesia 12,638 <1% 32% 10%
Laos -109 <1% 48% 10%
Malaysia 15,744 1.6% 24% 10%
Myanmar 361 <1% 44% 10%
Philippines 3,276 <1% 17% 10%
Singapore -11,850 1.3% 10% 10%
Thailand 35,045 1.9% 36% 10%
Vietnam 103,392 4.2% 46% 10%

Source: International Monetary Fund, White House

The negotiations between the U.S. with China commenced and have already yielded some positive results. There is hope among other Asian states that similar productive discussions and agreements to mitigate the impact of the proposed tariffs can follow. The coming weeks are crucial as countries navigate the negotiation period before the 90-day pause expires, seeking to secure more favorable trade conditions with the U.S.

China

China is a central focus of the U.S. trade policy. In 2024, the total value of goods traded between two countries was approximately $582.4 billion. The U.S. relies heavily on Chinese imports of electronic equipment and machinery, while China primarily imports U.S. mineral fuels, oil seeds, electrical machinery and mechanical appliances. However, the trade balance significantly favors China, which recorded a $360 billion surplus with the U.S. in 2024, according to IMF data.

Last Monday, Donald Trump announced a broad trade deal with Beijing that lowered import taxes on all Chinese goods from 145% to 30%. China, in turn, lowered its tariffs on U.S. imports from 125% to 10%. The reductions will hold for the next 90 days, while the two countries negotiate a longer-term deal. A few days later, the U.S. cut the so-called ‘de minimis’ tariff for low-value shipments from China to as low as 30%. Meanwhile, the Chinese Commerce Ministry said it had paused some non-tariff measures taken against 17 U.S. entities put on its unreliable entity list in April and 28 U.S. entities on its export control list.

‘A full-blown trade war between the world’s two largest economies would have been disastrous for the global market. Thankfully, the officials agreed to de-escalate it quickly. However, we are still not out of the woods yet’, says Kar Yong Ang, a financial market analyst at Octa Broker, adding that a long-term trade agreement between China and the U.S. is yet to be finalized and that markets are being a bit too optimistic right now. ‘Let’s not forget that Trump tried to renegotiate a trade deal with China during his 1st term, but the talks failed in 2019 despite the fact that there was agreement in principle. And I personally believe that the markets are a bit too optimistic about the prospects for a grand deal this time’.

Indeed, U.S. equity indices have recovered swiftly following the decision to de-escalate, but the rally may not last. ‘It would not take much for the bearish sentiment to reemerge. Although tariffs have been lowered, the existing tariffs are still doing damage to the global economy. U.S. inflation is likely to pick up in the months ahead and that would prevent the Federal Reserve (Fed) from delivering on anticipated rate cuts, which may trigger a major selloff in equities’, comments Kar Yong Ang. Either way, other Asian countries are monitoring the progress carefully and are also engaged in active discussions with the U.S. officials.

Vietnam

Vietnam faces duties of 46% on its exports to the U.S. if a reduction cannot be negotiated before a global moratorium expires in July. As a major export-reliant industrial hub, to where numerous companies have relocated (not least in order to lower their exposure to China), Vietnam runs the second-largest trade surplus with the U.S. among Asian countries. It is, therefore, unsurprising, that the two countries began informal talks to avoid tariffs well before Trump announced global reciprocal duties on 2 April. Among the issues discussed are the reduction of Vietnam’s big trade surplus, the fight against trade fraud such as illegal transshipments, the lowering of tariff and non-tariff barriers for U.S. businesses and enhanced protection of intellectual property, including the fight against counterfeits and digital piracy.

‘Vietnam stands to lose a lot should trade talks fail. Companies like Apple, Nike, and Samsung Electronics have large manufacturing operations in the country and may consider leaving altogether if a 46% duty is introduced. I think Vietnamese authorities will do their best to achieve a trade deal with the U.S.’, commented Kar Yong Ang.

Indeed, just a few days ago, Vietnam News Agency reported that Vietnamese Prime Minister Pham Minh Chinh ordered a one-month intensive campaign to crack down on smuggling, trade fraud and counterfeit goods. Previously, the news surfaced that the Trump Organization was partnering with Vietnam on potential investments in hotel, real estate and golf course projects possibly worth billions of dollars.

According to the WorldBank, the U.S. is Vietnam’s largest export market with a share of at least 30% and more than $110 billion worth of shipments.

Thailand

Thailand faces duties of 36% on its exports to the U.S. According to the Bangkok Post, Thai government had said that it would increase imports of U.S. goods, such as corn, soybean meal, crude, ethane, liquified natural gas, autos and electronics to reduce its bilateral trade surplus. In addition, the government submitted a separate trade proposal to the U.S., which included 5 to 6 key points. Last Monday, the head of Thailand Trade Representatives met with U.S. senators, congressional leaders, and major American companies, in a bid to reaffirm Thailand’s role as a key investor in the country and explore joint Thai-U.S. manufacturing.

‘Thailand has clearly taken the trade matters quite seriously despite its relatively small trade surplus. There are good chances that a final agreement could be reached before global pause expires in July’, commented Kar Yong Ang.

According to the WorldBank, the U.S. is Thailand’s largest export market with a share of at least 16% and more than $50 billion worth of shipments.

Malaysia

Malaysia faces duties of 24% on its exports to the U.S. However, Tengku Zafrul Aziz, Malaysia’s Minister of Investment, Trade, and Industry, recently said that he was ‘optimistic‘ for a trade agreement with the U.S. within a 90-day period. He visited the U.S. at the end of April and was fully committed to resolving the differences. ‘All communication lines remain open and we will continue to work towards an amicable solution to this reciprocal tariff matter’, Tengku Zafrul Aziz said.

‘It seems like the Forex market shares the trade minister’s optimism. The Malaysian ringgit has been strengthening lately. USDMYR may potentially drop below 4.240 if a trade deal is struck’, commented Kar Yong Ang.

According to the WorldBank, United States is Malaysia’s third largest export market with a share of at least 11% and more than $40 billion worth of shipments.

Indonesia

Indonesia plans to “narrow” or even eliminate its trade surplus with the U.S. by importing more agricultural products such as wheat, soybeans and corn from the U.S. Overall, Indonesia’s reaction to Trump tariffs has been rather muted probably because exports to the U.S. account for just around 2% of Indonesia’s Gross Domestic Product (GDP). Moreover, Indonesia’s exports are relatively well diversified and although the U. S. is an important export destination, its share is relatively minor.

According to the WorldBank, the U.S. is Indonesia’s second largest export market with a share of at least 10% and more than $30 billion worth of shipments.

On balance, Asian nations find themselves in a crucial period, actively negotiating with the U.S. to mitigate the impact of potential tariffs. While the progress achieved during the U.S.-China talks offers some hope, the diverse situations and negotiating stances of countries like Vietnam, India, Thailand, Malaysia, and Indonesia highlight the complexity of reaching widespread agreements. As Octa Broker analysts suggest, the optimism surrounding these trade discussions should be tempered with the understanding that lasting resolutions remain uncertain, and market reactions may be premature.

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Hashtag: #Octa

The issuer is solely responsible for the content of this announcement.

Octa

is an international CFD broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including improving educational infrastructure and funding short-notice relief projects to support local communities.

In Southeast Asia, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.

Carta receives Financial Services Permission from ADGM’s Financial Services Regulatory Authority, unlocking new phase of growth in MENA’s Venture Capital and Private Equity Ecosystem


RIYADH, SAUDI ARABIA – Media OutReach Newswire – 23 May 2025 – Carta, the software platform purpose-built for private capital, today announced its Financial Services Permission (FSP) from ADGM’s Financial Services Authority (FSRA), unlocking a new phase of growth in Middle East and North Africa (MENA). This milestone significantly advances Carta’s global mission to make private markets more accessible, transparent, and equitable. As the world’s largest fund administrator for venture capital, Carta will support the private market ecosystem in the MENA region with its end-to-end software platform for fund operations, in addition to its cap table and equity management solutions for startups.

Carta and ADGM representatives at Abu Dhabi Finance Week 2024
Carta and ADGM representatives at Abu Dhabi Finance Week 2024

Abu Dhabi, renowned as the “capital of capital,” has shown exceptional growth in the financial services sector. Carta’s expansion comes as the UAE establishes itself as a key player in the Middle East, constituting 40% of all funding rounds in the region—a 9% year-on-year increase—according to industry reports. In 2024, assets under management (AUM) within ADGM grew by 245%, with 134 fund and asset managers operating 166 funds by the end of 2024.

Carta has strategically chosen ADGM as the location for its new Middle Eastern office, strengthening the company’s commitment to aligning with regions that demonstrate significant market potential and robust economic policies. Located at Hub71 WeWork, in the heart of the financial district, Carta’s new office serves as a strategic base for expanding sales and marketing efforts in the MENA region, a region the company sees as highly promising.

“The Middle East is the perfect place for Carta expansion,” said Bhavik Vashi, Managing Director of Carta APAC & MENA. “The regulatory framework in ADGM is one of the most progressive we’ve seen globally–exactly the type of environment needed to fuel the private markets, which is why we have made a big bet here.”

Over the past two years, Carta has been laying the groundwork for its expansion by engaging in conversations with key government-linked institutions, such as ADGM, the Financial Services Regulatory Authority (FSRA), the Abu Dhabi Investment Office (ADIO), and the Abu Dhabi Department of Economic Development (ADDED). These discussions have surfaced ongoing private equity needs that Carta is equipped to solve, offering MENA funds a comprehensive suite of software and services, including quarterly reporting, compliance services, and end-of-year tax and audit readiness.

Arvind Ramamurthy, Chief of Market Development Officer at ADGM said; “We congratulate Carta on receiving their FSP from ADGM. We are thrilled to welcome them to ADGM’s dynamic ecosystem, where innovation, growth, and opportunity thrive. Your presence enriches Abu Dhabi’s financial landscape, and we look forward to supporting your success in this vibrant and forward-thinking community.”

Carta currently supports a number of prominent regional customers, including Global Ventures, BECO Capital, Cotu Ventures, Outliers VC, Dubai Future District Fund, and Middle East-based unicorns Foodics and Kitopi. With ADGM license approval, Carta will continue to collaborate with the local VC & PE ecosystem to further enhance the company’s service offerings and deliver greater value for the Middle East’s growing private markets.

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The issuer is solely responsible for the content of this announcement.

About Carta

Carta connects founders, investors, and limited partners through world-class software purpose-built for everyone in venture capital and private equity. Carta’s world-class fund administration platform supports nearly 9,000 funds and SPVs representing over $188B in assets under administration on fund administration, SPV formation, and more. Trusted by more than 50,000 companies, Carta helps private businesses in over 160 countries manage their cap tables, valuations, taxes, equity programs, compensation, and more. Carta has been included on the Fortune Best Large Workplaces in Financial Services and Insurance list, Forbes’ list of the World’s Best Cloud Companies, Fast Company’s Most Innovative list, and Inc.’s Fastest-Growing Private Companies list. For more information, visit carta.com.

DISCLOSURE: This communication is on behalf of eShares, Inc. dba Carta, Inc. (“Carta”). This communication is for informational purposes only, and contains general information only. Carta is not, by means of this communication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. This publication is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests. Before making any decision or taking any action that may affect your business or interests, you should consult a qualified professional advisor. This communication is not intended as a recommendation, offer or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein. ©2025 Carta. All rights reserved. Reproduction prohibited. Regulated by the Financial Services Regulatory Authority.

ChangAn Automobile’s Rayong Factory in Thailand Officially Launches Production, Boosting the Kingdom’s Drive to Become a Southeast Asian Electric Vehicle Manufacturing Hub

RAYONG, Thailand, May 23, 2025 /PRNewswire/ — ChangAn Automobile (“ChangAn” or “the Company”), an intelligent low-carbon mobility technology company, officially commenced production at its first international new energy vehicle factory in Rayong, Thailand on May 16, 2025. Coinciding with the 50th anniversary of the establishment of diplomatic relations between China and Thailand, ChangAn’s 28.59-millionth vehicle successfully rolled off the production line on the day. The factory boosts Thailand’s push to build a Southeast Asian EV hub and strengthens China-Thailand automotive cooperation. It accelerates ChangAn’s Vast Ocean Plan by exporting whole industries, showcasing the Company’s global expansion potential and positioning Thailand as a launchpad for sustainable growth and Chinese innovation worldwide.

According to ASEAN Briefing, Thailand is the largest automobile manufacturer and exporter in Southeast Asia, with the automotive sector contributing 10-11% of its GDP. The Thai government actively promotes the development of the electric vehicle industry and plans to achieve 30% electric vehicle production of total automobile production by 2030. ChangAn’s investment of 10 billion baht into the Rayong Plant is a direct response to the growing demand for electric vehicles in Thailand and across ASEAN.

Spanning 245 rai (approximately 392,000 square metres), the Rayong Factory features five main workshops. Based on a “green and intelligent” design concept, the facility uses daylight optimisation, solar power, and water recycling to achieve lower energy consumption per vehicle. Advanced automation and digital simulations boost production efficiency and flexibility. Marking a key step in ChangAn’s globalisation, future plans include improving processes, enhancing local partnerships, and deepening Sino-Thai cooperation in sustainable mobility and innovation.

In August 2023, ChangAn established three subsidiaries and named Thailand as its regional headquarters. In October, the Thai Investment Committee approved investment for new energy vehicle production, including pure electric and extended-range models. In November 2023, ChangAn broke ground on the Rayong Factory, officially starting construction. Committed to long-term localisation, ChangAn aims to build the Rayong Plant into a benchmark for its global manufacturing network. The factory will produce models from its three major brands, CHANG-AN, DEEPAL, and AVATR. Production capacity is set to grow from 100,000 vehicles annually to 200,000 by 2027.

On launch day, ChangAn’s 28.59-millionth vehicle — a right-hand-drive DEEPAL S05 — rolled off its assembly line, bringing new technological intelligence to Thai and global drivers alike. Models such as the DEEPAL S07, E07, and AVATR 11 have already launched in Thailand, with cumulative sales exceeding 14,000 units and placing ChangAn among the top four in the country’s NEV market.

ChangAn adheres to the principle of “In Thailand, For Thailand” as it expands across Southeast Asia. A Thai spare parts warehouse will be established in Rayong as the global right-hand-drive parts centre, aiming for 98% satisfaction and 24-hour delivery. Local digital platforms will be upgraded with AI-powered smart control, predictive maintenance, battery monitoring, and remote diagnostics. The Company also expects to create over 30,000 upstream and downstream jobs in Thailand through industrial development and social responsibility initiatives.

ChangAn’s Vast Ocean Plan continues to accelerate its global expansion, with operations now spanning five major international markets that have been elevated to the same strategic level as China, aiming to grow global market capacity from 30 to  50 million. The Company has filed over 14,000 patents in the past three years—70% of which are for inventions—reflecting its strong R&D capabilities. With nine KD plants and one full vehicle plant already operational, ChangAn is building a robust global production network in countries such as Kazakhstan and Egypt. It has also launched its brand in 22 countries across Europe, the Middle East, and Africa, supported by over 9,000 sales outlets worldwide. ESG investments exceed 30 million yuan annually, supporting public welfare worldwide.

Prior to the launch ceremony, Thai Prime Minister Paetongtarn Shinawatra met with Mr. Zhu Huarong, Chairman of ChangAn Automobile, who expressed his sincere gratitude to the Thai government for its long-term support. He commented that in the future, ChangAn will uphold the spirit of mutually beneficial cooperation to make greater contributions to Thailand’s economic and social development and drive the global auto industry forward.

Chinese Infrastructure Projects Appear on Global Currency in New Book Celebrating Belt and Road Imprint

BEIJING, May 23, 2025 /PRNewswire/ — A news report from Xinhuanet:

A new publication highlighting the appearance of Chinese-built infrastructure on foreign currency was unveiled at a book launch and symposium in Beijing on May 19, underscoring China’s global reach through its Belt and Road Initiative.

The book, Chinese Imprints on World Currency, chronicles how infrastructure projects linked to China have been featured on coins and banknotes issued by countries around the world, casting these structures as enduring symbols of the country’s international partnerships under the Belt and Road framework.

Chinese-Built Projects Featured on Global Currencies
Chinese-Built Projects Featured on Global Currencies

The event drew a cross-section of government officials and corporate leaders, including  Hong Lei, Assistant Minister of Foreign Affairs; Wang Haihuai, General Manager of China Communications Construction Company (CCCC); Du Xiaojian, author of the book; and senior executives from state-owned companies. Ambassadors from over 10 countries, including Cape Verde, Algeria, Fiji, Sri Lanka, and Egypt, were also in attendance.

The book documents 121 coins and banknotes issued by 58 countries, each telling a unique story of China’s global partnerships through infrastructure. These numismatic records vividly illustrate the BRI’s role in strengthening international ties. 

Among the featured works are 18 projects constructed by CCCC — the highest number credited to any single company in the collection — including Sri Lanka’s Hambantota Port, Croatia’s Pelješac Bridge, and Guinea’s Kaleta Hydropower Station. 

In prepared remarks, Mr. Hong Lei called the publication a timely contribution, noting that it reflects what he described as “the inevitable trend toward a shared future for humanity”. He reiterated China’s commitment to global cooperation in realizing this vision. 

Mr. Wang Haihuai shared insights from CCCC’s participation in the Belt and Road Initiative. He reaffirmed the company’s dedication to upholding the spirit of the Silk Road while contributing to global sustainable development and the shared future of mankind.

Diplomats in attendance praised the Belt and Road Initiative’s accomplishments, voicing interest in strengthening cultural and economic ties with Beijing. 

CCTV+: A Pearl of Wisdom: Deqing’s Aquaculture Legacy Gains Global Recognition

BEIJING, May 23, 2025 /PRNewswire/ — On the crown of global agricultural heritage, a new jewel has been added. On May 19, news broke from the Food and Agriculture Organization of the United Nations (FAO) that the Zhejiang Deqing Freshwater Pearl Mussel Composite Fishery System, known as the “Deqing Pearl System”, has been added to the Globally Important Agricultural Heritage Systems (GIAHS) list for 2025. It becomes China’s first world-class agricultural cultural heritage project in aquaculture.

Heritage under the Ministry of Agriculture and Rural Affairs, is the earliest-recorded area for freshwater pearl farming. As early as the Southern Song Dynasty, it achieved artificial freshwater pearl cultivation.

At Xiaoshanyang in Fuxi Street, fish glide and mussels nestle with clear water. The leftover fish feed and excrement cultivate plankton algae, which feed the pearl-bearing Mussels and purify the water in return, forming an ecological cycle. FAO expert Aicha Bammoun said the system is a model of combining agricultural wisdom with modern conservation, reflecting the enduring vitality of Chinese agricultural civilization.

In recent years, Deqing has been promoting the “pearl+” full-industry-chain integration. Currently, Deqing’s pearl deep-processing industry generates an annual output value of over 7 billion yuan, accounting for about one-tenth of the national total and providing employment for nearly 20,000 people.

Back in the late 1970s, Deqing began the systematic research on the origin of freshwater pearl farming. After more than 30 years of literature research and field surveys, it produced a series of results like “Proof of the Origin of Large-scale Cultivation of Artificial Pearls in Ancient China”. In June 2017, the system was officially recognized as China’s Important Agricultural Cultural Heritage by the Ministry of Agriculture and Rural Affairs. In September of the same year, Deqing launched the application for GIAHS. In 2019, it entered the GIAHS Preparatory List. In April this year, FAO experts conducted an on-site assessment in Deqing and finally confirmed its inclusion.

“As China’s first GIAHS project in aquaculture, the Deqing Pearl System builds a new bridge for Chinese traditional agricultural wisdom to reach the global stage and has exemplary significance,” said Min Qingwen, head of the Expert Committee on GIAHS under the Ministry of Agriculture and Rural Affairs. He added that the successful heritage application is just the beginning, and continued exploration and promotion of the system’s value are needed.

MindHYVE.ai™ and Islamabad Diagnostic Centre Forge Strategic Alliance to Launch AGI-Powered Diagnostic Intelligence Across Pakistan

ISLAMABAD, May 23, 2025 /PRNewswire/ — In a groundbreaking move to elevate clinical diagnostics nationwide, MindHYVE.ai™, a U.S.-based pioneer in orchestrated agentic AI and swarm-intelligent systems, has signed a formal Memorandum of Understanding (MoU) with Islamabad Diagnostic Centre (IDC). The collaboration will see the deployment of Chiron and Ava-AutoNarrator™—two proprietary, AGI-powered agents—across IDC’s core diagnostic workflows.

Belal Faruki, CEO of MindHYVE.ai™, and Dr. Rizwan Uppal, Founder & CEO of IDC, sign a strategic MoU to deploy AGI-powered diagnostic agents across Pakistan—marking a major leap in AI-driven, ethical, and intelligent healthcare.
Belal Faruki, CEO of MindHYVE.ai™, and Dr. Rizwan Uppal, Founder & CEO of IDC, sign a strategic MoU to deploy AGI-powered diagnostic agents across Pakistan—marking a major leap in AI-driven, ethical, and intelligent healthcare.

Initially launching at flagship centers in Islamabad (F-8 Markaz) and Lahore (DHA Phase 4), the pilot will introduce a multi-agent diagnostic intelligence layer, enhancing decision precision, speed, and reproducibility in radiology and laboratory services.

“This isn’t just AI—it’s agentic intelligence in action,” said Belal Faruki, Founder & CEO of MindHYVE.ai™. “By fusing swarm intelligence with domain-specific reasoning models, we’re equipping clinicians with AI collaborators that learn, adapt, and elevate patient outcomes—ethically and transparently.”

Key Innovations:

  • Chiron – A medical diagnostic reasoner, part of MindHYVE.ai™’s Ava-Agent architecture, performs pre-diagnostic inference and real-time anomaly detection across radiological and laboratory datasets.
  • Ava-AutoNarrator™ – A semi-autonomous narrative generation agent, trained on clinical ontologies, that synthesizes structured reports aligned with ICD and HL7 standards.
  • Agentic Coordination Layer – MindHYVE.ai™’s Swarm AI Framework orchestrates agents in real-time—enabling self-organization, priority optimization, and contextual reasoning across patient records.
  • Secure PACS/LIS Integration – Seamless, encrypted integration with IDC’s Picture Archiving and Communication Systems (PACS) and Laboratory Information Systems (LIS).

Three-Phase Rollout Strategy:

  • Phase 1 – Ground Launch: Initial deployment, radiologist/lab team onboarding, and system calibration.
  • Phase 2 – Reasoner Tuning: AGI model refinement, cross-clinic feedback loops, and clinical data harmonization across 5–7 IDC locations.
  • Phase 3 – Nationwide Readiness: DRAP-compliant licensing, agent swarm scaling, and full-stack intelligence across IDC’s 130+ branches.

Ethical Intelligence Commitment

All systems will be governed under MindHYVE.ai™’s Ethical AGI Protocol, including:

  • Human-in-the-loop validation
  • Encrypted patient data pathways
  • Collaborative oversight with DRAP and PNAC
  • Explainable diagnostic decisions using Ava-Fusion™ reasoning models

“MindHYVE.ai™’s orchestrated AGI reflects our vision of scalable, accessible diagnostics,” said Dr. Rizwan Uppal, Founder & CEO of IDC. “This alliance ushers in a new era of intelligent healthcare, anchored in ethics and excellence.”

About MindHYVE.ai™

Headquartered in Newport Beach, California, MindHYVE.ai™ builds domain-specific AGI agents, multi-agent orchestration systems, and the Ava-Fusion™ family of reasoning models—driving intelligent transformation in diagnostics, infrastructure, and national systems.

Website: www.mindhyve.ai | Email:hello@mindhyve.ai | Contact: +1 (949) 200-8668

Media Contact
Marc Ortiz
Email: marc.ortiz@mindhyve.ai

Built with intelligence, Guided by humanity
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MediSun Energy and EMSTEEL Launch UAE’s First Pilot to Transform Desalination Brine into Blue Energy and Magnesium Carbonate

SINGAPORE, May 23, 2025 /PRNewswire/ — MediSun Energy, a Singapore-based integrated brine management company, has partnered with EMSTEEL (ADX: EMSTEEL) (“the Group”), one of the largest publicly traded steel and building materials manufacturers in the region, to launch Project Elixir — the UAE’s first pilot system that transforms desalination brine into renewable blue energy and magnesium carbonate. This groundbreaking initiative introduces a circular model that converts industrial waste into clean energy and sustainable materials, aligning with the UAE’s goals for innovation, decarbonization, and resource efficiency.

Joseph Chua - President & Co-Founder of MediSun Energy (left) & Engineer Saeed Ghumran Al Remeithi - Group CEO of EMSTEEL (right)
Joseph Chua – President & Co-Founder of MediSun Energy (left) & Engineer Saeed Ghumran Al Remeithi – Group CEO of EMSTEEL (right)

The project is supported by an AED 100 million R&D fund launched by ADQ, an active sovereign investor with a focus on critical infrastructure and global supply chains, in 2022. The fund forms part of ADQ Growth Lab, a community of innovators across ADQ’s portfolio that realises the company’s commitment to accelerating innovation and R&D with a focus on unlocking growth opportunities and driving value creation and sustainability across priority sectors of the UAE’s economy.

The pilot will be installed at EMSTEEL’s steel business unit in Abu Dhabi, where MediSun Energy will deploy two integrated systems. The WEGen RED system treats 500 cubic meters of desalination brine per day, generating “blue energy” while consuming less power than conventional processes. The WEGen Green Pilot processes 30 cubic meters of brine daily, captures carbon dioxide, and produces up to 300 kg of magnesium carbonate (MgCO₃) per day — a low-carbon alternative to traditional additives used in steelmaking.

By combining carbon capture and energy recovery, Project Elixir transforms desalination brine — typically treated as waste — into a valuable resource. The recovered magnesium carbonate will be trialed as a sustainable substitute for dololime in EMSTEEL’s electric arc furnace (EAF), supporting the company’s efforts to reduce emissions and advance green steel production.

Eng. Saeed Ghumran Al Remeithi, Group CEO of EMSTEEL , said: “This collaboration with MediSun Energy marks a significant step in redefining industrial sustainability. The ability to convert desalination brine into clean energy and valuable materials directly supports our decarbonization strategy and aligns with national objectives for circularity and innovation. Project Elixir reflects EMSTEEL’s commitment to advancing green steel production while reinforcing the UAE’s leadership in industrial transformation.”

Dusun Kim, CEO of MediSun Energy , said: “This pilot represents a breakthrough for industrial sustainability in the UAE. By turning brine waste into clean power and green materials, we’re demonstrating a circular model for the future of steelmaking. We’re proud to partner with EMSTEEL on this historic initiative.”

Scheduled for installation in mid-2025, the pilot will be implemented without disrupting existing operations. MediSun will lead engineering, installation, and operations, supported on-site by EMSTEEL and Emirates Electrical & Instrumentation Company (EEIC), which will assist with local assembly and integration.

About EMSTEEL

EMSTEEL is a public joint stock company (ADX: EMSTEEL) and the UAE’s largest steel and building materials manufacturer. The Group leverages cutting-edge technologies to supply both the local market and over 70 international markets with high-quality finished products, creating a one-stop shop for the manufacturing and construction sectors.

About MediSun Energy

MediSun Energy is an integrated brine management company headquartered in Singapore. The company specializes in turning desalination brine and industrial waste streams into valuable resources through energy-efficient and circular solutions. MediSun’s proprietary technologies — including Reverse Electrodialysis (RED) and CO₂ mineralization — are designed to decarbonize energy-intensive sectors such as desalination and heavy industry, supporting a more sustainable and resource-resilient future.

For more information, visit www.medisun.energy or write to info@medisun.energy. You can also follow MediSun on LinkedIn.