Dammam – October 12, 2026 -- Harbin Electric International (HEI) is delivering the 1,890-megawatt Nairyah 2 combined-cycle power plant in Saudi Arabia, a project tied to the Saudi Vision 2030 initiative, and has released a documentary on the build.

HEI staffs Nairyah 2 with engineers and workers from more than 13 countries

The workforce draws on Asia, Europe and the Middle East. Colleagues from Spain, South Korea, Pakistan and Saudi Arabia work on site together. HEI says language gaps and cultural differences were initially major barriers, and that its project team addressed them through open communication and shared goals.

On-site meetings bring together specialists from different backgrounds to develop technical solutions.

Beijing – October 12, 2026 -- The first two generator units of China's Dashixia Water Control Project in the Tianshan Mountains, Xinjiang, connected to the power grid on September 29 and began generating electricity, marking the project's official operation.

247-meter dam sets height record for its type

The project's concrete-faced sand-gravel dam stands 247 meters high. It is the tallest of its kind among both completed and under-construction dams worldwide. China Energy Engineering Group invested in and built the project.

Completed project to serve 600,000 households and 453,333 hectares of farmland

Once complete, Dashixia will meet the electricity demand of about 600,000 households. It will deliver 3.42 billion cubic meters of ecological water annually to the Tarim River in Xinjiang.

Shenzhen – October 12, 2026 -- The 5th Global Memory Innovation Forum (GMIF2026) has named 18 companies across memory, compute, packaging and testing equipment, test systems and end applications in its first GMIF2026 Annual Awards, led by Samsung Semiconductor, Sandisk, CXMT and Lenovo.

The summit was held at the Renaissance Shenzhen Bay Hotel and co-hosted by the Shenzhen Memory Industry Association and the School of Integrated Circuits at Peking University. Its theme was "The Future Built on AI Memory and Storage," with the token economy as a key lens. Winners were judged on technology innovation, industry contribution, market service and application results.

Norwich – October 12, 2026 -- Pikl, the insurance-backed revenue growth partner for the travel market, grew 7x between 2024 and 2025 and now covers about 20% of the UK short-term rental market, as its founder and CEO Louise Birritteri was named One to Watch in The LDC Top 50 Most Ambitious Business Leaders for 2026.

Pikl reports 2,024% premium growth from property managers in two years

Pikl reports gross written premium growth from property management companies (PMCs) of 2,024% from 2023 to 2025. The company says it has partnered with some of the largest enterprise PMCs globally. It also says partners have achieved revenue growth of up to 2.1x.

Taipei – October 12, 2026 -- China's National Medical Products Administration (NMPA) has approved CAMCEVI® 42 mg, a ready-to-use 6-month subcutaneous depot formulation of leuprolide mesylate, for adult patients with advanced prostate cancer, Foresee Pharmaceuticals (TPEx: 6576) said. Licensing partner Changchun GeneScience Pharmaceutical (GenSci) notified Foresee of the approval of the Marketing Authorization Application and will commercialize the product in China.

GenSci holds exclusive China rights across all CAMCEVI indications

The license covers all current and pipeline indications: advanced prostate cancer, central precocious puberty (CPP) and premenopausal breast cancer. Foresee Chairman and CEO Ben Chien said GenSci's China launch will "significantly contribute" to the growth of the company's global CAMCEVI franchise.

Seoul – October 12, 2026 -- CLASSYS Inc. (KOSDAQ: 214150) has created the post of Chief Commercial Officer and appointed former Bain & Company partner Jung-hee Bae to it, tasking her with a push toward a $1 billion revenue target ahead of 2030. Bae, who also becomes Vice President, will head the company's newly formed Go-to-Market (GTM) Center.

CLASSYS merges three sales and marketing divisions into one GTM Center

The appointment follows a restructuring that began after Jun-oh Yoon became CEO in July. The Marketing, Domestic Sales and Overseas Sales Divisions now sit under the GTM Center, which Bae will lead. The company said the aim is a stronger focus on markets and customers.

CLASSYS has spent 20 years entering international markets and launching products region by region. Since Yoon took office, it has been overhauling operations to standardize branding, products, positioning and global launches.

Stuttgart – October 12, 2026 -- Raytron OEM used VISION 2026 at Messe Stuttgart (October 6-8) to show a short-wave infrared (SWIR) camera that runs full-frame at up to 825 fps, alongside thermal imaging modules aimed at European machine vision integrators and OEM developers.

NS-615AS-10GE pairs 640 × 512 resolution with a 10GigE interface

The camera targets high-speed acquisition tasks such as semiconductor inspection and material sorting. Raytron showed it next to the NS-615A-GE area-scan SWIR camera and the NS-101L2 line-scan SWIR camera, which offer other acquisition formats and interface options.

Live SWIR demonstrations told sugar from salt and compared dry and wet biscuit samples. The demos covered material differentiation, food sorting and moisture detection.

Espoo – October 12, 2026 -- Valmet will supply a complete high-speed board making line, PM 9, to Anhui Linping Circular Development's mill in China, with start-up scheduled for 2028. The order is booked in Valmet's third-quarter 2026 orders received, and its value will not be disclosed.

Valmet extends Xiao County partnership after PM 8 delivery

PM 9 follows the complete board making line PM 8, which Valmet previously delivered to the same customer site in Xiao County. The new line is designed for lightweight fluting and liner grades. Anhui Linping aims to broaden its product portfolio while improving resource efficiency and lowering environmental impact.

Anhui Linping Chairman Li Jianshe said the investment will "strengthen our position in the market" and cited the earlier project with Valmet as the basis for confidence in the full-scope delivery.

Shanghai – October 12, 2026 -- Forty-two multinational executives from 14 countries told Shanghai to use artificial intelligence to link services with manufacturing and consumption, at the 38th meeting of the International Business Leaders' Advisory Council for the Mayor of Shanghai (IBLAC) on Oct. 11.

The session was held under the theme of innovation-driven development of the service sector. IBLAC was initiated in 1989 and now serves as a think tank for Shanghai mayors.

PwC chairman points to Shanghai's industrial base and Yangtze River Delta ties

Mohamed Kande, global chairman of PwC, cited Shanghai's strong industrial base, close links with the Yangtze River Delta region and mature service industry as advantages. He urged the city to connect technologies, research and capital with international service providers to address real-economy challenges.

Linköping – October 12, 2026 -- UK digital pathology provider Diagnexia has signed an annual, renewable agreement with Sectra (STO: SECT B) covering up to 100,000 cases in the first year, enabling it to receive, send and report pathology cases digitally for NHS organisations.

The contract was signed in the second quarter of Sectra's 2026/2027 fiscal year. It uses Sectra's service for advanced share and collaborate workflows to connect Diagnexia with NHS bodies that need external specialist support.

Diagnexia reporting capacity becomes available through existing Sectra connections

Hospitals already connected to the Sectra Image Exchange Portal (Sectra IEP) can reach Diagnexia's reporting capacity through the same connection and workflows. Jane Rendall, Managing Director for Sectra UK and Ireland, said this requires no new integration, no separate supplier onboarding and no additional infrastructure.