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OMAN’S MUSCAT STOCK EXCHANGE TRADING VALUE UP FIVEFOLD TO USD 8.45 BILLION

MUSCAT, Oman, Nov. 6, 2025 /PRNewswire/ — Oman’s Muscat Stock Exchange (MSX) has recorded its strongest performance in nearly a decade, driven by reforms led by the Oman Investment Authority (OIA), the nation’s sovereign wealth fund managing over USD 50 billion in assets. Trading value has risen fivefold since 2021 to about USD 8.45 billion, while market capitalization has grown by 51 percent to more than USD 79 billion. The MSX index recently surpassed the 5,000-point level for the first time in eight years, signaling renewed investor confidence and deeper market activity.

OMAN’S MUSCAT STOCK EXCHANGE TRADING VALUE UP FIVEFOLD TO USD 8.45 BILLION
OMAN’S MUSCAT STOCK EXCHANGE TRADING VALUE UP FIVEFOLD TO USD 8.45 BILLION

 

The surge reflects Oman’s wider effort to strengthen its capital market and attract regional and international investment in line with Oman Vision 2040. The Muscat Stock Exchange, the core of Oman’s capital market, has become one of the fastest-growing stock exchanges in the Gulf. The transformation began with Royal Decree No. 5/2021, which converted the Muscat Securities Market into a closed joint-stock company wholly owned by OIA. This move enabled new programs to boost liquidity, increase listings, and modernize infrastructure.

“MSX’s progress reflects OIA’s vision to build an efficient, investor-friendly exchange that supports economic growth and attracts quality investments,” said Mulham bin Basheer Al Jarf, Deputy President for Investments at OIA. “Our phased plan focused first on building trust and liquidity, then on broadening ownership and embedding global best practices.”

Since 2022, the MSX has grown by 67 percent, outperforming major global benchmarks such as the S&P 500 and MSCI indices for GCC, emerging, and Chinese markets. This growth stems from OIA’s strategy to strengthen liquidity, diversify listings, and expand the investor base, enabling the exchange to outperform regional and global peers.

OIA’s IPO program has been central to this expansion. The 2023 listing of Abraj Energy Services raised about USD 244 million, the largest IPO since 2010, while OQ Gas Networks’ USD 749 million listing attracted more than USD 10 billion in orders. Investors included Fluxys Belgium and entities backed by Saudi Arabia’s Public Investment Fund and the Qatar Investment Authority, highlighting global confidence in Oman’s market.

Momentum continued through 2024 and 2025 with listings by OQ Exploration and Production (USD 2.5 billion), OQ Biodiesel and Industries (USD 490 million), and ASYAD Shipping, the maritime arm of Asyad Group, which raised USD 333 million and marked the entry of Oman’s logistics sector into public trading.

To sustain growth, OIA launched the Tanmia Liquidity Fund in 2024 with USD 130 million in capital, expanding it to USD 390 million by mid-2025. Managed by Tanmia, United Securities, and Ubhar Capital, the fund supports market stability and liquidity.

“OIA’s strategic vision has strengthened MSX through improved governance, transparency, and trading efficiency,” said Haitham Al Salmi, CEO of MSX. Supported by regulators, national programs, and leading banks, Oman’s capital market has grown into a diversified platform with record trading and rising global participation, positioning MSX as a key driver of investment and modernization.

Contact: 

OIA Press Office
+968 92278104
media@oia.gov.om
www.oia.gov.om

Wahed and KraneShares Announce the Launch of KWIN: A Shariah-Compliant Alternative Income ETF for Faith-Aligned Investors

NEW YORK, Nov. 6, 2025 /PRNewswire/ — Wahed, a global leader in Shariah-compliant digital investing, together with KraneShares, a specialist in innovative, research-driven exchange-traded funds (ETFs), is proud to introduce the KraneShares Wahed Alternative Income Index ETF (NYSE: KWIN). This fund is designed to offer investors an innovative and Shariah-compliant approach to generating alternative income.

Shariah Compliant Alternative Income Without Compromise

The Fund (KWIN) seeks to track the performance of the Wahed Shariah Alternative Income Index, an index specifically designed to comply with Islamic principles while providing an alternative income. Unlike conventional income funds that rely heavily on interest-bearing fixed-income securities, KWIN aims to generate returns through Shariah-compliant forward sale agreements. This structure enables the fund to pursue alternative income in a manner permitted under Shariah principles, while mitigating exposure to equity market risk.

“KWIN was created for investors who want to stay true to their faith while accessing alternative income-generating investment strategies,” said Mohsin Siddiqui, Chief Executive Officer of Wahed. “We have combined rigorous Shariah screening with modern portfolio techniques to give Muslims and values-based investors a product that is both halal and competitive in today’s markets.”

Innovation in Islamic Alternative Income

Sukuk have been considered the default fixed-income option for Shariah-compliant investors. While they serve an important role, Sukuk are often illiquid, exhibit elevated price volatility and can be exposed to sovereign or corporate credit risk.

KWIN has been engineered as an alternative to clients seeking Shariah compliant alternative income by providing greater liquidity through an ETF format, offering daily tradability.

The forward sale agreements are effected using a combination of exchange-traded FLEX contracts, on Shariah-compliant stocks. The strategy is designed to provide a delta-neutral outcome*, meaning it is not sensitive to the direction of the underlying stock’s price. KWIN aims to provide investors with a modern, efficient, and potentially more rewarding alternative to Sukuk, without compromising their faith-based principles.

Comprehensive Shariah Screening

The underlying index follows a two-step screening process to ensure all holdings are in compliance with Islamic principles as interpreted by Wahed’s Shariah Team.

1.  Business Activity Screen — Excludes companies whose primary business involves non-permissible sectors such as:

    • Conventional financial services (banks, insurance, interest-based lending)
    • Alcohol, pork products, tobacco
    • Gambling, gaming, and adult entertainment
    • Weapons manufacturing and other industries contrary to Islamic ethics

2.  Financial Ratio Screen — Excludes companies with excessive debt or that derive more than 5% of their revenue from non-permissible activities.

All portfolio holdings are reviewed quarterly and monitored by Wahed’s Shariah Team, ensuring continuous compliance.

A Partnership of Expertise

KWIN represents a strategic collaboration between Wahed, globally recognized for making halal investing accessible through its digital platforms and deep Shariah governance expertise, and KraneShares, known for delivering thematic, alternative, and non-traditional index-based strategies to investors worldwide.

“KWIN reflects our commitment to innovative alternative income solutions that leverage advanced capital markets strategies,” said Jonathan Shelon, CFA, COO at KraneShares. “We are proud to integrate Wahed’s global expertise and particular focus on the needs of Middle Eastern investors into KWIN, and to provide an alternative income stream that we believe will resonate in today’s uncertain market environment.”

*The Fund’s strategy is designed to achieve a delta-neutral outcome, meaning that the overall portfolio is constructed so that small changes in the price of the underlying stocks have minimal impact on the Fund’s value. However, a delta-neutral position does not eliminate all risk. The Fund remains subject to other risks, including larger price movements, changes in volatility, time decay, and other market factors. Investors may still experience losses, and there is no guarantee that the strategy will be successful in maintaining a delta-neutral position or in achieving its investment objectives.

About Wahed

Wahed is a global Islamic fintech company committed to democratizing access to Shariah compliant investments. Licensed in 9 countries, Wahed combines cutting-edge financial technology with Shariah principles to deliver innovative products that align with both faith and values. With over 450,000 clients globally and more than $1 billion in assets under management across its entities, Wahed is pioneering a new era of Islamic finance.

About KraneShares

KraneShares is an investment manager committed to delivering innovative, high-conviction solutions that empower investors worldwide. Through a combination of expertise, disciplined research, and first-to-market products, KraneShares enables investors to navigate pivotal trends and tap into new market opportunities.

Carefully consider the Funds’ investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Funds’ full and summary prospectus, which may be obtained by visiting: http://www.kraneshares.com/kwin. Read the prospectus carefully before investing.

Risk Disclosures:

Investing involves risk, including possible loss of principal. There can be no assurance that a Fund will achieve its stated objectives. Indices are unmanaged and do not include the effect of fees. One cannot invest directly in an index.

This information should not be relied upon as research, investment advice, or a recommendation regarding any products, strategies, or any security in particular. This material is strictly for illustrative, educational, or informational purposes and is subject to change. Certain content represents an assessment of the market environment at a specific time and is not intended to be a forecast of future events or a guarantee of future results; material is as of the dates noted and is subject to change without notice.

By writing call options and buying put options as part of its strategy, the Fund may limit its ability to benefit from increases in the value of its holdings above the options’ strike prices, while still being exposed to declines in value. The premiums received from selling options may not be enough to offset losses from volatility or declines in the underlying stocks. The Fund’s use of options involves unique risks, including the possibility that options may become illiquid or expire worthless, and that the Fund may not be able to close out positions at desired times or prices. FLEX options, which the Fund uses, may be less liquid than standard options and can only be exercised at expiration.

The value of the Fund’s options positions will fluctuate with changes in the value and volatility of the underlying securities. Unusual market conditions or trading suspensions may reduce the effectiveness of the Fund’s options strategies, and the Fund’s strategies may not work as expected and could result in losses. In addition, the Fund’s ability to sell or buy the underlying securities may be limited while options are outstanding, unless the Fund cancels out the option positions by purchasing offsetting options before expiration.

Transactions in options are centrally cleared through the Options Clearing Corporation (OCC). While the OCC guarantees settlement, there is a risk that the OCC or a clearing member could fail to meet its obligations, which could result in losses for the Fund. If the Fund cannot find a clearing member to transact with, it may be unable to effectively implement its investment strategy.

Premiums received from writing options will generally result in short-term capital gains, which may be taxed at higher rates than long-term capital gains.

The Fund may invest in derivatives, which are often more volatile than other investments and may magnify the Fund’s gains or losses. A derivative (i.e., futures/forward contracts, swaps, and options) is a contract that derives its value from the performance of an underlying asset. The primary risk of derivatives is that changes in the asset’s market value and the derivative may not be proportionate, and some derivatives can have the potential for unlimited losses. Derivatives are also subject to liquidity and counterparty risk. The Fund is subject to liquidity risk, meaning that certain investments may become difficult to purchase or sell at a reasonable time and price. If a transaction for these securities is large, it may not be possible to initiate, which may cause the Fund to suffer losses. Counterparty risk is the risk of loss in the event that the counterparty to an agreement fails to make required payments or otherwise comply with the terms of the derivative.

Because the Index applies Islamic principles, the Fund cannot invest in certain issuers and securities—such as financial companies and interest-paying bonds—which reduces the pool of eligible investments. This may limit investment opportunities and affect performance. The Fund will not earn interest on cash, and securities may become non-compliant after purchase and be held until the Index is rebalanced.

A large number of shares of the Fund is held by a single shareholder or a small group of shareholders. Redemptions from these shareholder can harm Fund performance, especially in declining markets, leading to forced sales at disadvantageous prices, increased costs, and adverse tax effects for remaining shareholders.

Narrowly focused investments typically exhibit higher volatility. The Fund’s assets are expected to be concentrated in a sector, industry, market, or group of concentrations to the extent that the Underlying Index has such concentrations. The securities or futures in that concentration could react similarly to market developments. Thus, the Fund is subject to loss due to adverse occurrences that affect that concentration. In addition to the normal risks associated with investing, investments in smaller companies typically exhibit higher volatility. KWIN is non-diversified.

Neither MerQube, Inc. nor any of its affiliates (collectively, “MerQube”) is the issuer or producer of KraneShares Wahed Short-Term Alternative Income Index ETF and MerQube has no duties, responsibilities, or obligations to investors in KraneShares Wahed Short-Term Alternative Income Index ETF. The index underlying the KraneShares Wahed Short-Term Alternative Income Index ETF is a product of MerQube and has been licensed for use by Krane Funds Advisors, LLC. Such index is calculated using, among other things, market data or other information (“Input Data”) from one or more sources (each such source, a “DataProvider”).

MerQube® is a registered trademark of MerQube, Inc. This trademark has been licensed for certain purposes by Krane Funds Advisors, LLC in its capacity as the issuer of the KraneShares Wahed Short-Term Alternative Income Index ETF. KraneShares Wahed Short-Term Alternative Income Index ETF is not sponsored, endorsed, sold or promoted by MerQube, any Data Provider, or any other third party, and none of such parties make any representation regarding the advisability of investing in securities generally or in KraneShares Wahed Short-Term Alternative Income Index ETF particularly, nor do they have any liability for any errors, omissions, or interruptions of the Input Data, the MerQube US Shariah Reverse Convertible Index, or any associated data. Neither MerQube nor the Data Providers make any representation or warranty, express or implied, to the owners of the shares/units of KraneShares Wahed Short-Term Alternative Income Index ETF or to any member of the public, of any kind, including regarding the ability of the MerQube US Shariah Reverse Convertible Index to track market performance or any asset class. The MerQube US Shariah Reverse Convertible Index is determined, composed and calculated by MerQube without regard to Krane Funds Advisors, LLC or the KraneShares Wahed Short-Term Alternative Income Index ETF. MerQube and Data Providers have no obligation to take the needs of Krane Funds Advisors, LLC, or the owners of KraneShares Wahed Short-Term Alternative Income Index ETF into consideration in determining, composing, or calculating the MerQube US Shariah Reverse Convertible Index. Neither MerQube nor any Data Provider is responsible for and have not participated in the determination of the prices or amount of KraneShares Wahed Short-Term Alternative Income Index ETF or the timing of the issuance or sale of KraneShares Wahed Short-Term Alternative Income Index ETF or in the determination or calculation of the equation by which KraneShares Wahed Short-Term Alternative Income Index ETF is to be converted into cash, surrendered or redeemed, as the case may be. MerQube and Data Providers have no obligation or liability in connection with the administration, marketing or trading of KraneShares Wahed Short-Term Alternative Income Index ETF. There is no assurance that investment products based on the MerQube US Shariah Reverse Convertible Index will accurately track index performance or provide positive investment returns. MerQube is not an investment advisor. Inclusion of a security within an index is not a recommendation by MerQube to buy, sell, or hold such security, nor is it considered to be investment advice.

NEITHER MERQUBE NOR ANY OTHER DATA PROVIDER GUARANTEES THE ADEQUACY, ACCURACY, TIMELINESS, AND/OR THE COMPLETENESS OF THE MERQUBE US SHARIAH REVERSE CONVERTIBLE INDEX OR ANY DATA RELATED THERETO (INCLUDING DATA INPUTS) OR ANY COMMUNICATION WITH RESPECT THERETO. NEITHER MERQUBE NOR ANY OTHER DATA PROVIDERS SHALL BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. MERQUBE AND ITS DATA PROVIDERS MAKE NO EXPRESS OR IMPLIED WARRANTIES, AND THEY EXPRESSLY DISCLAIM ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY KRANE FUNDS ADVISORS, LLC, OWNERS OF THE KRANE SHARES WAHED SHORT-TERM ALTERNATIVE INCOME INDEX ETF, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THEMERQUBE US SHARIAH REVERSE CONVERTIBLE INDEX OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANYOF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL MERQUBE OR DATA PROVIDERS BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOSTTIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. THE FOREGOING REFERENCES TO “MERQUBE” AND/OR “DATA PROVIDER” SHALL BE CONSTRUED TO INCLUDE ANY AND ALL SERVICE PROVIDERS, CONTRACTORS, EMPLOYEES, AGENTS, AND AUTHORIZED REPRESENTATIVES OF THE REFERENCED PARTY.

ETF shares are bought and sold on an exchange at market price (not NAV) and are not individually redeemed from the Fund. However, shares may be redeemed at NAV directly by certain authorized broker-dealers (Authorized Participants) in very large creation/redemption units. The returns shown do not represent the returns you would receive if you traded shares at other times. Shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns. Beginning 12/23/2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates the current NAV per share. Prior to that date, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time.

The KraneShares ETFs and KFA Funds ETFs are distributed by SEI Investments Distribution Company (SIDCO), 1 Freedom Valley Drive, Oaks, PA 19456, which is not affiliated with Krane Funds Advisors, LLC, the Investment Adviser for the Funds, or any sub-advisers for the Funds.

 

EaseUS Disk Copy 6.9.0 Adds “Migrate to Win11” – Upgrade and Clone in One Step

NEW YORK, Nov. 6, 2025 /PRNewswire/ — EaseUS announced the release of EaseUS Disk Copy 6.9.0, featuring the brand-new “Migrate to Win11” function. This upgrade enables users to move to Windows 11 effortlessly while cloning their disks, combining system migration, data transfer, and OS upgrade into a single, streamlined process.

Why EaseUS Introduces ‘Migrate to Win11’ Feature

With over a decade of innovation in disk cloning and data protection, EaseUS continues to redefine how users manage operating system transitions and hardware upgrades, making every step faster, simpler, and more secure.

When users replace a hard drive, switch to a new PC, or clone HDD to SSD, they often face the same difficulties: long installation times, complex driver configurations, and the risk of losing files or customized settings. Traditional reinstallations require hours of manual work, including backing up data, reinstalling applications, and reconfiguring systems, all of which can disrupt workflow and productivity.

EaseUS Disk Copy 6.9.0 provides a unified solution to these challenges. The new Migrate to Win11 feature allows users to upgrade their operating system and clone hard drive simultaneously, keeping all existing data, applications, and preferences fully intact.

“Our goal has always been to make data and system transitions as simple as possible,” said the Product Manager. “With the Migrate to Windows 11 feature, users can complete an upgrade and disk copy in one step without the reinstallations or data loss.”

What’s New in EaseUS Disk Copy 6.9.0

The “Migrate to Win 11” mode integrates OS upgrade intelligence with advanced cloning technology. The software automatically verifies hardware compatibility, clones the existing system, and performs an in-place upgrade that maintains data integrity.

Key Highlights of the Migrate to Win11 Feature

  • Upgrade and migrate in one step: Complete system migration and Windows 11 upgrade simultaneously, no reinstallation required.
  • Bypass hardware limitations: Seamlessly upgrade to Windows 11 even on PCs that don’t meet official TPM or Secure Boot requirements.
  • Clean and efficient migration: Automatically skips temporary files, cache, and other unnecessary data for a cleaner system transfer.
  • Zero-risk process: Original disk data remains untouched during migration, ensuring full data safety and reliability.

By combining cloning and upgrading in one streamlined process, EaseUS Disk Copy eliminates redundant steps and technical barriers, giving both individual users and IT professionals a reliable way to migrate systems safely.

Ideal Use Scenarios

The new feature is designed for diverse scenarios where system transitions are needed, including:

  • Upgrading to a new computer without reinstalling Windows
  • Moving OS from HDD to SSD with Windows 11 preloaded
  • Testing Windows 11 compatibility before committing to a full upgrade
  • IT administrators performing batch migrations across multiple devices

EaseUS Disk Copy 6.9.0 offers an intuitive interface and a guided process suitable for all skill levels. Advanced users can customize migration paths, clone only the system partition, or adjust partition sizes during transfer.

Performance and Reliability Enhancements

Under the hood, version 6.9.0 features a robust cloning engine optimized for speed and accuracy. Multithreaded read-write operations, 4K sector alignment, and smarter error recovery ensure stable cloning even on complex hardware configurations. The result is a migration experience that combines ease of use with technical precision.

Availability

EaseUS Disk Copy 6.9.0 is now available for download worldwide.
Release Date: October 14, 2025
Supported Systems: Windows 7/8/10/11
Download Link: https://down.easeus.com/product/dc_demo

About EaseUS

Founded in 2004, EaseUS is a leading international software company specializing in data backup, recovery, and disk management solutions. With products trusted by over 100 million users worldwide, EaseUS is committed to making data protection and system management simpler, faster, and safer for individuals and businesses alike.

For more information, please visit:
Website: https://www.easeus.com

WIRobotics’ Walking-Assist Wearable Robot “WIM KIDS” Wins CES 2026 Innovation Award in Digital Health

  • A Step Toward Growth: WIM KIDS, the Wearable Robot That Accompanies a Child’s Journey

SEOUL, South Korea, Nov. 6, 2025 /PRNewswire/ — Global wearable robotics company WIRobotics (Co-CEOs Yeonbaek Lee and Yongjae Kim, Professor at Korea University of Technology and Education) announced that it has won the CES 2026 Innovation Award in the Digital Health category.

Photo courtesy of WIRobotics – Walking-Assist Wearable Robot WIM KIDS
Photo courtesy of WIRobotics – Walking-Assist Wearable Robot WIM KIDS

Having received the CES Innovation Award for three consecutive years since 2024, WIRobotics once again demonstrated its global leadership in the wearable robotics field through its human-centered design philosophy and proprietary technology.

The award-winning product, WIM KIDS, is a walking-assist wearable robot designed for growing children.

Its core technological feature, the “Growth-Adaptive Frame,” is an adjustable modular leg frame system that can be replaced in three stages to accommodate children’s growth from ages 4 to 15.

This structure is not merely a matter of size adjustment, but an engineering design that ensures both long-term usability and ergonomic comfort, earning high praise from the CES judging panel.

The robot weighs less than 1 kilogram, making it more than 37% lighter than the adult model (WIM S, 1.6 kg).

Using an ultra-lightweight mechanism and AI-based personalized algorithm, WIM KIDS provides natural walking assistance without restricting movement, while also improving gait stability and comfort.

Beyond its technical function, WIM KIDS is recognized as a robot that revives a child’s motivation to walk independently, receiving highly positive feedback from parents during user testing.

Yeonbaek Lee, Co-CEO of WIRobotics, explained the purpose behind the development of WIM KIDS, saying:

“We developed WIM KIDS under the belief that true innovation begins when technology supports human will.
WIM KIDS represents the culmination of WIRobotics’ core technologies, combining growth-based frame design with an AI gait-control algorithm to provide optimized assistance tailored to each user’s movement.
Going forward, the WIM series will continue to evolve to meet the needs of diverse users, professions, and living environments.
We believe this technological progress will go beyond walking assistance to bring positive change to people’s daily lives.”

Since 2025, WIRobotics has begun full-scale sales in Europe and China, where its lightweight wearable robots have received strong recognition in the healthcare and senior exercise markets.

With the CES 2026 award, WIRobotics is further establishing itself as a wearable robotics brand that serves all generations — from children to seniors.

In addition to wearable robots, WIRobotics unveiled its humanoid robot ALLEX in August 2025, presenting a new direction in robotics technology.

While the WIM series focuses on the expansion of mobility, ALLEX is dedicated to the expansion of human experience, as WIRobotics continues to develop technologies that enable humans and robots to coexist.

About WIRobotics
WIRobotics (We Innovate Robotics) enhances life through wearable robotics. Its 2024 CES-awarded WIM blends human-centered design and technology, leading the “one person, one robot” era through continuous innovation.

For more information,
Linkedin: https://www.linkedin.com/company/103004622
TikTok: https://www.tiktok.com/@wirobotics

Kinetics Successfully Completes $400 Million Bond Issuance, Strengthening Its Position as a Transparent and Recognized Capital Markets Participant

LONDON, Nov. 6, 2025 /PRNewswire/ — Kinetics, a Karpowership initiative, has announced the successful completion of a $400 million 4-year senior secured bond issuance, marking an important milestone in its financial strategy and long-term growth.

Kinetics successfully completes bond issuance.
Kinetics successfully completes bond issuance.

 

The transaction attracted strong demand from domestic and international investors, including the Americas, Asia and Europe, underscoring market confidence in Kinetics’ resilient business model and expanding global portfolio across energy infrastructure, LNG-to-Power, and floating technologies.

The proceeds will be used for the conversion of Kinetics’ three Liquefied Natural Gas Terminal Ships (LNGTS), LNGT Oceania, LNGT Türkiye and LNGT Karadeniz, enabling the company to further invest in reliable and sustainable power solutions worldwide.

 “This successful issuance reinforces investor trust in Kinetics’ long-term strategy and financial discipline,” said Mehmet Katmer, the CEO of Kinetics. “It provides us with the flexibility to continue growing responsibly and supporting the global energy transition.”

With this issuance, Kinetics establishes itself as a transparent and known quantity in international capital markets. The company will actively engage with investors through regular investor calls, ongoing financial disclosures, and consistent reporting practices, ensuring open communication and long-term trust with the investment community.

Bond Issuance Details:

  • Issuer: Kinetics LNG Holding Limited
  • Amount: USD 400 million
  • Tenor: 4 years (Nov 2029)
  • Listing: Euronext Nordic ABM
  • Joint Bookrunners: Pareto Securities as Sole Global Coordinator & Fearnley Securities as Joint Bookrunner 

About Kinetics

Kinetics, a Karpowership initiative, is an energy company dedicated to cleaner, flexible energy systems. It specializes in the building, development, delivery, and leasing of floating LNG assets and renewable energy platforms, including battery energy storage systems (BESS), tailored to meet the evolving needs of utilities, governments, and independent power producers. With a commitment to innovation, sustainability, and impact, Kinetics is redefining how energy infrastructure is deployed and accessed in a decarbonizing world.

Discover more at https://www.kineticsenergies.com/.

 

Kinetics Successfully Completes $400 Million Bond Issuance, Strengthening Its Position as a Transparent and Recognized Capital Markets Participant

LONDON, Nov. 6, 2025 /PRNewswire/ — Kinetics, a Karpowership initiative, has announced the successful completion of a $400 million 4-year senior secured bond issuance, marking an important milestone in its financial strategy and long-term growth.

Kinetics successfully completes bond issuance.
Kinetics successfully completes bond issuance.

 

The transaction attracted strong demand from domestic and international investors, including the Americas, Asia and Europe, underscoring market confidence in Kinetics’ resilient business model and expanding global portfolio across energy infrastructure, LNG-to-Power, and floating technologies.

The proceeds will be used for the conversion of Kinetics’ three Liquefied Natural Gas Terminal Ships (LNGTS), LNGT Oceania, LNGT Türkiye and LNGT Karadeniz, enabling the company to further invest in reliable and sustainable power solutions worldwide.

 “This successful issuance reinforces investor trust in Kinetics’ long-term strategy and financial discipline,” said Mehmet Katmer, the CEO of Kinetics. “It provides us with the flexibility to continue growing responsibly and supporting the global energy transition.”

With this issuance, Kinetics establishes itself as a transparent and known quantity in international capital markets. The company will actively engage with investors through regular investor calls, ongoing financial disclosures, and consistent reporting practices, ensuring open communication and long-term trust with the investment community.

Bond Issuance Details:

  • Issuer: Kinetics LNG Holding Limited
  • Amount: USD 400 million
  • Tenor: 4 years (Nov 2029)
  • Listing: Euronext Nordic ABM
  • Joint Bookrunners: Pareto Securities as Sole Global Coordinator & Fearnley Securities as Joint Bookrunner 

About Kinetics

Kinetics, a Karpowership initiative, is an energy company dedicated to cleaner, flexible energy systems. It specializes in the building, development, delivery, and leasing of floating LNG assets and renewable energy platforms, including battery energy storage systems (BESS), tailored to meet the evolving needs of utilities, governments, and independent power producers. With a commitment to innovation, sustainability, and impact, Kinetics is redefining how energy infrastructure is deployed and accessed in a decarbonizing world.

Discover more at https://www.kineticsenergies.com/.

Photo: https://laotiantimes.com/wp-content/uploads/2025/11/kinetics_energies-1.jpg
Logo:  https://laotiantimes.com/wp-content/uploads/2025/11/kinetics_energies_logo-1.jpg

 

Samsung Electro-Mechanics Signs MOU with Sumitomo Chemical Group to Establish a Joint Venture for ‘Glass Core’ Used in Package Substrates

  • Strengthening strategic cooperation for next-generation semiconductor package core material ‘Glass Core’
  • Aiming to lead the glass substrate market by combining strengths in preparation for the AI era

TOKYO and SEOUL, South Korea, Nov. 6, 2025 /PRNewswire/ — Samsung Electro-Mechanics announced on the 5th that it has signed a memorandum of understanding (MOU) with Sumitomo Chemical Group to establish a joint venture (JV) for manufacturing ‘Glass Core,’ a key material for next-generation package substrates.

Sumitomo Chemical Chairman Keiichi Iwata (left) and Samsung Electro-Mechanics President Duckhyun Chang sign an MOU.
Sumitomo Chemical Chairman Keiichi Iwata (left) and Samsung Electro-Mechanics President Duckhyun Chang sign an MOU.

The MOU signing ceremony was held at Tokyo, Japan and attended by Chang Duckhyun, President of Samsung Electro-Mechanics, Keiichi Iwata, Chairman of Sumitomo Chemical, Nobuaki Mito, President of Sumitomo Chemical, and Lee Jongchan, President of Dongwoo Fine-Chem (a subsidiary of Sumitomo Chemical), along with other key executives.
 
The joint venture MOU is part of a strategy to overcome the limitations of package substrate technology amid the rapid advancement of artificial intelligence (AI) and high-performance computing (HPC). ‘Glass Core’ is a core material for next-generation semiconductor package substrates and is regarded as an essential technology for realizing high-density, large-area advanced semiconductor package substrates, thanks to its lower coefficient of thermal expansion and superior flatness compared to conventional organic substrates.

Sumitomo Chemical Chairman Keiichi Iwata (left) and Samsung Electro-Mechanics President Duckhyun Chang pose for a commemorative photo.
Sumitomo Chemical Chairman Keiichi Iwata (left) and Samsung Electro-Mechanics President Duckhyun Chang pose for a commemorative photo.

Through this MOU, Samsung Electro-Mechanics, Sumitomo Chemical, and Dongwoo Fine-Chem will leverage their respective technological strengths and global networks to establish manufacturing and supply capabilities for ‘Glass Core’ and accelerate market expansion.
 
In the joint venture, Samsung Electro-Mechanics will serve as the primary investor with a majority stake, while Sumitomo Chemical Group will participate as a minority shareholder. The companies plan to finalize details such as the shareholding structure, business schedule, and corporate name, aiming to sign the main agreement next year. The headquarters will be located at Dongwoo Fine-Chem’s Pyeongtaek site, which will also serve as the initial production base for ‘Glass Core’.
 
Chang Duckhyun, President of Samsung Electro-Mechanics, said, “As the AI era accelerates, demand for ultra-high-performance semiconductor package substrates continues to grow, and the glass core will be a key material that reshapes the landscape of the future substrate market. This agreement will provide an opportunity to combine the advanced capabilities of the three companies and establish a new growth engine in the next-generation semiconductor package market. We will continue to strengthen our technological leadership and take the lead in building an advanced package substrate ecosystem.”
 
Keiichi Iwata, the Chairman of Sumitomo Chemical said, “Through cooperation with Samsung Electro-Mechanics, we expect to generate significant synergy in the advanced semiconductor back-end process sector. We will further solidify our long-term partnership through this project.”
 
Lee Jongchan, the President of Dongwoo Fine-Chem added, “It is very meaningful to have the opportunity to lead the advanced semiconductor package materials sector by integrating the technological capabilities of Samsung Electro-Mechanics and Dongwoo Fine-Chem. Based on the technology accumulated by Sumitomo Chemical, we will actively utilize our strong execution capabilities and infrastructure to ensure the success of this collaboration and grow into a leading company in advanced semiconductor packaging materials.”
 
Samsung Electro-Mechanics is currently producing glass package substrate prototypes at its Sejong plant pilot line. Mass production is planned to begin with the joint venture after 2027.

Atomicwork and Lansweeper Announce Integration to Bring Universal Context and Asset Intelligence to Enterprise IT

SAN FRANCISCO, Nov. 6, 2025 /PRNewswire/ — Atomicwork, the leading AI-native ITSM solution for modern enterprises, today announced a strategic partnership with Lansweeper, the global leader in IT asset discovery and configuration intelligence.

Atomicwork integrates with Lansweeper
Atomicwork integrates with Lansweeper

The partnership brings Lansweeper’s real-time asset discovery into Atomicwork’s agentic service management platform, giving enterprises complete visibility across their IT environment — from managed devices to network infrastructure.

Atomicwork’s Universal AI Agent, Atom, built on the Universal Context Management Data Lake (CMDL), combines IT asset insights from Lansweeper with enterprise data from ERP, HRIS, and identity systems to proactively detect issues and deliver contextual intelligence for faster IT resolutions.

According to IDC research, unplanned IT downtime — often caused by hardware failures and poor asset visibility — can reduce employee productivity by roughly 20%, equating to over 100 work hours lost per employee annually. Organizations with proactive asset management and visibility can save up to $2000 per employee per year in associated IT costs. [1]

“Every CIO wants their IT teams to be smarter and proactive with AI to help unlock velocity for business. But without full visibility across their complex IT environment, there is limited contextual intelligence for AI to deliver value,” said Vijay Rayapati, CEO of Atomicwork. “By combining Lansweeper’s unparalleled IT and OT discovery capabilities with Atomicwork’s Universal Context Management Data Lake architecture, we’re giving modern IT teams a complete, real-time understanding of their technology environment, so they can move from reacting to predicting and auto resolving.”

Together, Atomicwork and Lansweeper deliver a unified, AI-ready data foundation for IT teams that:

  • Creates a smart, unified source of truth that offers visibility across the enterprise by unifying asset intelligence with IT processes and enterprise workflows. 
  • Enables contextual and smarter support by predicting the impact of technology issues and incidents on related enterprise IT assets for faster resolution with contextual intelligence.
  • Improves security posture across devices and networks by detecting hidden or vulnerable assets before they become new risks.

Atomicwork transforms IT operations with its Context Management Data Lake (CMDL), replacing static CMDBs with a unified, always-updating view of enterprise assets. Powered by Lansweeper’s Asset Intelligence, CMDL connects data across people, software, networks, and infrastructure to give IT teams complete visibility and actionable context for faster, smarter decisions.

“Lansweeper’s mission has always been to make every asset visible and understood,” said Dave Goossens, CEO at Lansweeper. “By integrating with Atomicwork, we’re turning visibility into intelligence and intelligence into action. Together, we’re giving IT and Agentic AI the insight they need to truly transform IT operations.” 

For modern IT teams, the result is an intelligent foundation for automation, governance, and service delivery. Whether resolving incidents faster, reducing mean time to repair, or preventing outages before they occur, Atomicwork and Lansweeper deliver clarity, control, and confidence across the enterprise.

“For too long, IT teams have been slowed down by limited context and manual work”, added Rayapati. “This partnership changes that equation. Lansweeper gives us universal IT visibility. Atomicwork delivers universal AI automation. The result is what every CIO wants: smarter IT, faster business.”

About Atomicwork

Atomicwork is an AI-native ITSM & ESM platform built for modern enterprises to transform their IT service delivery and employee support. Powered by agentic AI, it automates routine IT tasks, unifies workflows, and delivers instant, contextual support across Slack, Teams, and the browser – helping IT teams focus on strategic work that drives business growth.

Trusted by CIOs and global enterprises, Atomicwork redefines IT service management with automation, intelligence, and seamless employee experiences. The company is headquartered in San Francisco with offices in India and Singapore. Learn more at atomicwork.com.

About Lansweeper

Lansweeper is a global leader in IT Asset Discovery and Intelligence, helping organizations of all sizes uncover, understand, and manage their entire technology estate. With comprehensive visibility across hybrid environment, Lansweeper provides the foundation for stronger security, compliance, and efficiency. Learn more at lansweeper.com.