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ADGM AUM Jumps 54% as Abu Dhabi Hub Nears 14,000 Active Licences

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ADGM AUM Jumps 54% as Abu Dhabi Hub Nears 14,000 Active Licences

Abu Dhabi – September 11, 2026 -- Assets Under Management within ADGM rose 54% year-on-year in the first half of 2026, while active licences climbed to 13,974, cementing Abu Dhabi's status as the largest international financial centre in the MEASA region by that metric.

Fund managers and AUM expand at double-digit pace

The number of fund and asset managers based in ADGM reached 190, up 23% from 154 a year earlier, with 11 added in the second quarter alone -- the centre's strongest quarterly increase to date. Funds managed from ADGM rose 32% to 276. Managers that established operations in ADGM during H1 2026 collectively oversee more than USD 2.1 trillion in global assets under management.

GAC's August Exports Jump 177% as Africa Sales Surge 881%

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GAC's August Exports Jump 177% as Africa Sales Surge 881%

Guangzhou – September 11, 2026 -- GAC exported 26,978 units in August, a 177% year-over-year increase, extending a run of triple-digit growth across its international markets.

Cumulative exports approach 600,000 units since GAC's overseas push began

Exports from January through August totaled 172,008 units, up 136% from the same period last year. The automaker's total export volume to date is nearing 600,000 units.

Africa emerges as GAC's fastest-growing region with an 881% sales jump

Retail sales in Africa rose 881% year-over-year in August, making the continent GAC's top-performing international market. The company signed a local production agreement with Jameel Motors in Egypt and entered Ghana, launching the S7, GS8 and AION V models there.

TMC Tongxin Micro Unveils Payment, ID Chips at Seamless Africa 2026

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TMC Tongxin Micro Unveils Payment, ID Chips at Seamless Africa 2026

Johannesburg – September 11, 2026 -- Tongxin Microelectronics (TMC TONGXIN MICRO) has shipped over 27 billion chips globally and secured the digital identities of more than 1 billion citizens worldwide, the company disclosed at Seamless Africa 2026, held September 8-9.

China-developed chip achieves CC EAL6+ certification for global payment networks

TMC TONGXIN MICRO presented its THD89 Family, which it says is the first China-developed security chip to receive CC EAL6+ certification. The series secures payment cards for UnionPay, Visa, Mastercard and JCB, covering hundreds of millions of cardholders.

RISC-V based chip enters mass production at Chinese banks

The company also showcased the E450R, described as the world's first open architecture security chip, built on RISC-V hardware and its OpenPlatform software. State-owned and joint-stock banks in China have already deployed tens of millions of units.

Certificate Authority Market to Hit $397 Million by 2031

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Certificate Authority Market to Hit $397 Million by 2031

Hyderabad – – September 11, 2026 -- The global certificate authority market is projected to grow from $232.31 million in 2026 to $397.14 million by 2031, a compound annual growth rate of 11.32%, according to a new report from Mordor Intelligence.

Shorter certificate lifecycles force enterprises toward automated renewal platforms

Reduced certificate validity periods are increasing the frequency of issuance, renewal, replacement and revocation, making manual oversight impractical for large organizations. Enterprises are adopting automated certificate lifecycle platforms integrated with DevSecOps and CI/CD pipelines to monitor inventories and distribute certificates across cloud, application, API and microservice environments.

RedotPay Clears Big Four AML/CFT Review of Hong Kong Units

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RedotPay Clears Big Four AML/CFT Review of Hong Kong Units

Hong Kong – – September 11, 2026 -- RedotPay, a global stablecoin payments company, has received an independent review from a Big Four firm confirming that its AML/CFT controls can identify, assess, and manage financial crime risk.

Big Four review scrutinized two licensed Hong Kong subsidiaries

The review evaluated Red Dot Trust Limited and Red F. Technology Limited against AML/CFT guidelines issued by the Hong Kong Companies Registry. Its scope covered governance, quality assurance, customer due diligence, transaction monitoring, and internal staff training and resourcing.

Company projects $50 billion in stablecoin card spend by 2028

RedotPay expects stablecoin-powered cards to reach $50 billion in annualized spend by 2028 as stablecoin payments integrate further with card and financial-services infrastructure. The company frames the independent audit as a step to reinforce controls ahead of that projected scale.

Ankura Names Joanne Taylor Chief Operating Officer

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Ankura Names Joanne Taylor Chief Operating Officer

New York – September 11, 2026 -- Ankura Consulting Group, LLC has appointed Joanne Taylor as Chief Operating Officer, tasking her with running the firm's global day-to-day operations and building the infrastructure needed to scale efficiently.

Taylor brings 25 years of transformation experience to the role

Taylor has more than 25 years advising boards, private equity sponsors, and executive teams, with expertise in business transformation, operating-model design, and operational excellence. Before joining Ankura, she held senior leadership and general management roles across global consulting, technology, and services organizations, leading enterprise-wide transformations and large-scale operational turnarounds.

Monteverde & Associates Probes WaFd-EverBank Merger Terms

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Monteverde & Associates Probes WaFd-EverBank Merger Terms

New York – September 11, 2026 -- Monteverde & Associates PC has opened an investigation into WaFd, Inc. (NASDAQ: WAFD) over the fairness of its proposed merger with EverBank Financial Corp., under which WaFd shareholders would retain approximately 40.825% ownership of the combined company.

Law firm questions shareholder ownership split in combined entity

Attorney Juan Monteverde of Monteverde & Associates PC, headquartered at the Empire State Building in New York City, is examining whether the deal terms adequately compensate WaFd shareholders relative to the value being contributed to the merged institution.

Global Medical Supplies Market to Hit $248 Billion by 2031

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Global Medical Supplies Market to Hit $248 Billion by 2031

Delray Beach, Fla. – September 11, 2026 -- The global medical supplies market is projected to grow from $194.76 billion in 2026 to $248.03 billion by 2031, a compound annual growth rate of 7.39%, according to new research from MarketsandMarkets.

Asia Pacific outpaces global growth rate as diagnostic demand accelerates

Asia Pacific is set to register the fastest regional CAGR at 10.2% through 2031, outstripping the global average as healthcare infrastructure expands across the region. By product type, infusion and injectable supplies will grow fastest at a 9.0% CAGR, while diagnostic supplies held the largest share in 2025 and are expected to post the quickest growth of any category over the forecast period, driven by rising chronic and infectious disease burdens and expanding preventive screening programs.

Retired SDNY Bankruptcy Judge Gerber Joins ZLRP as Of Counsel

New York – September 11, 2026 -- Zaiger Linden Roberti & Pepe LLC (ZLRP) has hired Hon. Robert E. Gerber, a retired United States Bankruptcy Judge for the Southern District of New York, as Of Counsel, the commercial litigation boutique announced.

Gerber presided over bankruptcy cases with a combined price tag exceeding $1 trillion

Appointed to the bankruptcy bench in 2000 and reappointed in 2014, Judge Gerber handled ten cases involving more than $1 billion in debt each, alongside numerous others exceeding $100 million. His docket included Global Crossing, Adelphia, Ames Department Stores, PSINet, BearingPoint, Lyondell Chemical, and General Motors. He issued roughly 200 published opinions on complex bankruptcy and corporate governance issues before serving on recall status starting in 2015.

Coherix AI System Cuts Auto Assembly Downtime, Saves $22,500 Weekly

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Coherix AI System Cuts Auto Assembly Downtime, Saves $22,500 Weekly

Ann Arbor, Michigan – September 11, 2026 -- Coherix has launched GlassMaster Tracker, a 3D AI-based inspection system that has eliminated up to five hours of weekly assembly line downtime for several automotive customers, generating estimated savings of $22,500 per week.

System tracks parts in real time during adhesive dispensing, not after

Unlike conventional inspection tools that only flag defects post-dispensing, GlassMaster Tracker continuously monitors windshield and battery-cover parts as adhesive is applied, automatically adjusting the robot's dispensing path in real time to compensate for part-to-part variation in glass shape and battery-cover geometry.