Laminar Joins Rockwell Automation PartnerNetwork to Advance Productive and Sustainable Manufacturing

Collaboration brings Laminar’s real-time fluid intelligence together with Rockwell’s industrial automation capabilities to optimize Clean-in-Place processes, recover production capacity and reduce resource use

BOSTON, Nov. 12, 2026 /PRNewswire/ — Laminar, creator of Process-Aware Autonomy and the foundation that makes self-driving factories possible, today announced that it has joined the Rockwell Automation PartnerNetwork™ as a Technology Partner, expanding access to its real-time fluid intelligence for manufacturers using Rockwell Automation technologies. The collaboration will focus on helping manufacturers optimize Clean-in-Place (CIP) and product changeover processes while advancing both operational performance and sustainability objectives.

Laminar combines patented, inline spectral sensors with process-aware machine learning models to identify fluid conditions and transitions in real time. When connected with industrial control systems, this intelligence supports AI-based process decisions instead of relying on recipes and fixed timers. Through the PartnerNetwork, Laminar can extend these capabilities across Rockwell Automation environments and help manufacturers recover productive capacity while reducing unnecessary resource consumption.

The collaboration reflects a shared view that productivity and sustainability must be delivered through the same operational improvements. Shorter, validated CIP cycles can return time to production and support line utilization, while also reducing the resources and waste associated with unnecessary cleaning. The companies will also explore how process-state and cycle information may support broader manufacturing optimization through visualization, analytics and higher-level manufacturing systems.

“Joining the Rockwell Automation PartnerNetwork gives Laminar an opportunity to bring our trusted, secure platform to more manufacturers and scale across the factory floor faster than ever before,” said Sanjay Rajan, Laminar Chief Revenue Officer. “Dynamic timers are the only way to run autonomous processes like clean-in-place and product changeover. Now, more manufacturers will have access to dynamic processes that enable the self-driving factory.”

“Manufacturers should not have to choose between productivity and sustainability,” said Vicky Bruce, Director, Customer Sustainability Rockwell Automation. “By bringing Laminar’s application-specific process intelligence into the Rockwell Automation PartnerNetwork, we give customers another way to address critical operational constraints while reducing the resources for validated cleaning processes.”

About Rockwell Automation

Rockwell Automation, Inc. (NYSE: ROK), is a global leader in industrial automation and digital transformation. We connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 26,000 problem solvers dedicated to our customers in more than 100 countries as of fiscal year end 2025. To learn more about how we are bringing the Connected Enterprise® to life across industrial enterprises, visit www.rockwellautomation.com.

About the Rockwell Automation PartnerNetwork™

Rockwell Automation believes we’re better together—and we do our part by delivering an expansive, global partner ecosystem of market-leading technology, superior support and services, and an integrated and streamlined approach to business. Succeed on an international scale by utilizing our network’s breadth of innovative technologies and services that no single vendor can provide alone. To learn more about how the PartnerNetwork is helping to deliver the value of The Connected Enterprise, visit PartnerNetwork Program.

About Laminar

Laminar’s Process Aware Autonomy is an entirely new category of Physical AI reinventing how leading process manufacturers run more productive, sustainable factories. Our patented, inline sensors measure real-time fluid conditions in every production process, informing our factory-proven, foundational Process-Aware Models that interpret process states to drive optimal decisions that maintain quality standards and reduce waste. The Laminar Insights Platform serves as our trust layer for AI decision making and delivers real-time visibility into the time, water, chemical, and energy saved across every cycle, line, and facility. Learn more at runlaminar.com

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/C O R R E C T I O N – Gcore/

In the news release, Gcore and TengriAI to explore 100 MW AI data center in Kazakhstan, issued 12-Nov-2026 by Gcore over PR Newswire, we are advised by the company that the TengriAI hyperlink in the last sentence requires updating. The complete, corrected release follows:

Gcore and TengriAI to explore 100 MW AI data center in Kazakhstan

Phased project would give Central Asia large-scale GPU capacity run in the region

LUXEMBOURG and ASTANA, Kazakhstan, Nov. 12, 2026 /PRNewswire/ — Gcore and TengriAI have signed a Memorandum of Understanding to explore a GPU data center in Kazakhstan with a target capacity of up to 100 MW, phased between 2027 and 2029.

Central Asia has little domestic AI compute, so organizations depend on capacity in Europe, the Gulf or East Asia, often outside regulatory jurisdiction.

“Every market we work in is asking the same question: how do we run AI on our own terms?” says Andre Reitenbach, CEO of Gcore. “The project would put large-scale GPU infrastructure in the country, operated from the country, for customers across the region.”

Under the MoU, TengriAI would handle land, power, permitting and construction. Gcore would provide the AI cloud stack, operations and customer demand. The platform is the one Gcore runs in its own GPU clouds as an NVIDIA Preferred Cloud Partner. Customers could meter, bill and resell capacity, or run isolated workloads that never leave the facility.

“Our goal is to make Kazakhstan a leading AI token hub in Central Asia,” said Nurassyl Medeu, General Director of TengriAI. “Gcore operates GPU clouds at scale and has done this with telecom operators.”

Gcore is one of few Europe-headquartered companies that operates its own GPU clouds, owns the global network and secures every deployment. “Software vendors have never operated a platform. Hyperscalers will not hand over the keys. We do both,” said Reitenbach.

Kazakhstan offers competitively priced energy, available land, lower cooling costs and a government that treats AI infrastructure as a national priority. Its location and the Astana International Financial Centre’s common-law framework make it a natural base for neighboring markets.

Read more about Gcore here. Find out more about TengriAI here.

Press Contact  

Daniel Hoelzer  

Global Lead of PR & Communications  

daniel.hoelzer@gcore.com

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Nine Listings Transfer to the NYSE in 2026 Amounting to $500B in Market Cap

Large-cap transfers and a broad issuer community point to the strength of the NYSE. In addition NYSE’s state of the art technology processed a new peak in message volumes on November 5.

Key takeaways

• The transfers: Nine companies have moved from Nasdaq to the NYSE year to date, including three former Nasdaq-100 constituents and the largest bank transfer in history with Fifth Third Bank.
  
  
  
  
• The capital: Nearly half a trillion dollars in market cap has transferred to the NYSE from our competitors this year, compared with $185 billion that has moved to our competitor from the NYSE this year, according to FactSet.
  
  
  
  
• The community: 70% of the S&P 500 and 74% of the publicly listed Fortune 500 trust the NYSE as their home.
  
  
  
  
• The infrastructure: The NYSE processed 1.166 trillion messages on November 5, about 4% above the prior peak, with system performance in line with previous peak days.

NEW YORK, Nov. 12, 2026 /PRNewswire/ — Nine companies have transferred their listings to the New York Stock Exchange this year, and the issuers making that move are substantially larger by median market cap than those who moved in the opposite direction this year. The NYSE has also welcomed a diverse set of new issuers, and its systems handled a new peak in trading volume without issue.

Experience the full interactive Multichannel News Release here: https://www.multivu.com/nyse/9383352-en-nine-listings-transfer-to-nyse

Large-cap transfers to the NYSE

AstraZeneca, Kraft Heinz, and Skydance: three Nasdaq-100 companies have moved to the NYSE this year. A fourth large-cap name, Fifth Third Bancorp, also made the switch, marking the largest bank transfer in history.

Other issuers that have transferred from Nasdaq to the NYSE year to date include Criteo SA, Trinity Capital, Inc., Nova Minerals Corp., Dime Community Bancshares, Inc. and Pinnacle Financial Partners, Inc.

What the data reveals

Data shows the scale and profile of the issuers on the move:

• Nearly half a trillion dollars: Market cap that has transferred to the NYSE from competitors year to date, compared with $185 billion that has moved from the NYSE this year.
  
  
  
  
• $15.7 billion: The median market cap of issuers transferring to the NYSE, compared with $1.4 billion for issuers transferring to competitors.

The NYSE also looked at the 21 companies that have left to join the Nasdaq-100 over the last 40 years and found that their price-to-earnings multiples contracted relative to peers. On average, valuations were 7.4% lower relative to peers in the year following announcement of the transfer than before it, and 9.6% lower in the year following entry into the Nasdaq-100.

Why execution quality matters to issuers

Exchange transfers at this scale rarely come down to prestige alone: one of the most important distinctions is how shares trade.

Recent NYSE research highlights why issuers often look to the exchange’s hybrid model: having a human Designated Market Maker (DMM) paired with algorithmic execution dampens intraday price swings and deepens liquidity during high-stakes closing auctions.

Strength of the NYSE community

Seventy percent of the S&P 500 and 74% of publicly listed Fortune 500 companies trust the NYSE as their home. This year, the NYSE has also welcomed a diverse set of issuers, including Jersey Mike’s, Reformation, HawkEye 360, Madison Air, Forgent Power Solutions, Bob’s Discount Furniture, and Once Upon a Farm.

Veradermics Inc. claimed the top-performing debut by both offer-to-current and offer-to-day-one return, and Madison Air’s listing marked the largest U.S. industrial IPO in nearly three decades.

Infrastructure built for peak volume

Amid a market selloff on November 5, the NYSE processed 1.166 trillion messages, about 4% above the prior peak set during the April 2025 volatility. System performance was in line with previous peak days.

• Equities: Equity exchange message volumes ran roughly 16% above their prior peaks, led by NYSE Texas (up 63%), NYSE American Equities (up 60%) and NYSE National (up 36%).
  
  
  
  
• Options: Options exchange message volumes ran roughly 10% above their prior peaks, with NYSE American Options up 8% and NYSE Arca Options up 12%.

Large-cap transfers, a diverse class of new listings, and a market that performed on its busiest day all point to the same thing: a growing community of issuers that trust the NYSE as its home.

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DISTINKT, A NEW CALIFORNIA-LICENSED TALENT AGENCY, BREAKS DOWN THE BARRIER TO PROFESSIONAL REPRESENTATION WITH A NEW MODEL FOR GLOBAL TALENT

LOS ANGELES, Nov. 12, 2026 /PRNewswire/ — Distinkt, a California-licensed talent agency pairing human agents with proprietary technology and AI workflows for every client, launched today at distinkt.com. The agency is built to vastly expand access to professional representation and connect more of the world’s creative talent with opportunity.

Distinkt represents actors, directors, creators, creative producers, editors and photographers. It combines the personal advocacy and career-building of traditional representation with technology designed to help identify opportunities and negotiate the best deals for clients. Its non-exclusive model commissions only opportunities the agency brings.

Each client is supported by a team combining human agents with three layers of technology: AI teammates assigned to each client, which evaluate opportunities and offers and prepare them for agent review; specialist AI agents with expertise in media and career analysis and in contracts and unions across film, television, digital, and commercials work in the U.S., U.K., EU, EMEA, LATAM and Asia-Pacific markets; and platform processes that assist with briefs, negotiations, bookings, contracts, scheduling and outreach. Technology handles much of the traditional agency workflow; human agents make all decisions.

“We believe professional representation should be accessible to anyone with talent,” said Distinkt Co-Founder and CEO Robert Herman. “We built Distinkt so that technology manages much of the coordination and administration of agency work. That frees our agents to focus on judgment, evaluation and negotiation, and means we can offer effective representation to far more of the world’s working creative talent.”

Distinkt launches with over 1,200 clients in 43 countries. It estimates over two million actors worldwide are unrepresented and more than 50 million creators earn some income. The global creator economy, $310 billion in 2026, is projected to reach $1.3 trillion by 2033, according to Grand View Research.

“The traditional representation model has served the industry incredibly well and continues to serve many artists at the highest levels of their careers,” said Gibbin. “But its economics inevitably leave a huge amount of talent unrepresented or underrepresented. Distinkt is designed to give more of them a genuine advocate and a pathway into the creative economy.”

Founded by Robert Herman, Chris Gibbin and Chris Day, Distinkt draws on the Los Angeles and London-based trio’s combined decades of experience across talent representation, film and commercial production, advertising and entertainment.

Contact:

Chris Day/Chief Communications Officer

chris_day@distinkt.com

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SATIM signs contract with Polish Ministry of National Defence for SAR analytics software

The contract strengthens Poland’s ability to turn satellite radar imagery from MikroSAR program into actionable intelligence.

KRAKÓW, Poland, Nov. 12, 2026 /PRNewswire/ — SATIM has announced it has entered a contract with Poland’s Ministry of National Defence to provide software for the automated analysis of satellite synthetic aperture radar (SAR) imagery. The procurement was conducted by the 2nd Regional Logistics Base for ARGUS (The Polish Geospatial Reconaissance and Satellite Services Agency).

The system will support Poland’s MikroSAR Earth-observation program, helping analysts extract relevant information from radar imagery. SAR satellites can collect imagery in darkness and through cloud cover, but interpreting it can be challenging and time-consuming. Automated analysis helps analysts process large volumes of data and build the situational awareness needed to act.

The software in scope provides automatic detection and classification of hundreds of objects across vessels, aircraft, and vehicles in SAR imagery. With machine-readable outputs, automated alerts, and reports, it supports sovereign programs that leverage both national and commercial satellite constellations capable of generating hundreds of images per day.

“Access to SAR imagery is only the first step. The value comes from extracting useful intelligence quickly, consistently and at scale,” said Jacek Strzelczyk, CEO of SATIM. “This contract allows us to support Poland’s sovereign reconnaissance capabilities and demonstrate how automated analysis helps analysts make more effective use of radar data.”

As defense organizations gain access to more SAR imagery, the ability to analyze it at scale becomes increasingly important. SATIM develops its technology to work with imagery from different SAR sensors, helping Poland and allied nations turn growing volumes of radar data into timely intelligence.

About SATIM

SATIM is a Polish company specializing in automated analysis of synthetic aperture radar imagery. Its software supports the detection and classification of objects in SAR data for intelligence, surveillance and reconnaissance applications.

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NOBU ANNOUNCES PARTNERSHIP WITH INFRACORP TO BRING A NOBU HOTEL, RESTAURANT AND RESIDENCES TO BAHRAIN

NEW YORK, Nov. 12, 2026 /PRNewswire/ — Nobu has announced a partnership with Infracorp to develop a new Nobu destination at Marina Bay, Reef Island, marking the brand’s entry into the Kingdom of Bahrain.

The partnership was formalized during a signing ceremony held at Infracorp’s headquarters in Manama, in the presence of Her Excellency Ms. Fatima bint Jaffar Al Sairaifi, Minister of Tourism and Chairperson of the Bahrain Tourism and Exhibitions Authority (BTEA). The agreement was signed by Mr. Talal Al Mahroos, Chief Executive Officer of Infracorp, and Mr. Trevor Horwell, Chief Executive Officer of Nobu Hospitality.

Set along the waterfront at Marina Bay, the development will feature a Nobu hotel, signature Nobu restaurant, and Nobu-branded residences, bringing together hospitality, dining, and residential living in one destination. Spanning approximately 51,000 square meters of gross floor area (GFA), the project is expected to be developed over a three-year period.

The development will introduce Nobu’s distinctive approach to hospitality to Bahrain, combining Japanese-inspired design, signature cuisine, and personalized service with the character of its waterfront setting. The project will further contribute to the Bahrain’s growing luxury tourism and hospitality offering.

Her Excellency Ms. Fatima bint Jaffar Al Sairaifi, Minister of Tourism and Chairperson of BTEA, stated, “We welcome Nobu Hospitality’s decision to enter the Bahraini market through its partnership with Infracorp. Cooperation between the Government and the private sector is central to Bahrain’s Tourism Strategy. We work closely with Bahrain EDB and local developers to identify opportunities for leading international brands to establish a presence in the Kingdom. The planned Nobu destination at Marina Bay is an example of what that cooperation can achieve. It will broaden Bahrain’s luxury hospitality and dining offering and strengthen the Kingdom’s position as a regional tourism hub.”

Mr. Talal Al Mahroos, Chief Executive Officer of Infracorp, said, “We are proud to partner with Nobu Hospitality on this important addition to Marina Bay. The partnership reflects our ambition to create distinctive destinations that bring together exceptional hospitality, design and waterfront living. Nobu’s global reputation and unique approach to luxury make it a natural fit for Marina Bay, and we look forward to bringing this vision to life in Bahrain.”

Mr. Trevor Horwell, Chief Executive Officer of Nobu Hospitality, commented, “Bahrain represents an exciting new chapter for Nobu as we continue to expand our presence in the Middle East. Our focus has always been on creating experiences that bring together exceptional cuisine, thoughtful design, and personalized service. With Infracorp, we have an opportunity to introduce this approach to a new market while embracing the local character and culture. We believe Bahrain has tremendous potential, and we’re pleased to be a part of this evolving hospitality landscape.”

The project reflects Bahrain’s continued efforts to attract leading international hospitality brands and expand the Kingdom’s tourism offering. The Bahrain Economic Development Board (Bahrain EDB) has supported engagement between Nobu Hospitality and Infracorp, connecting investors with opportunities and providing ongoing support as the project developed.

Bahrain’s tourism sector continues to diversify, supported by investment in hospitality and mixed-use destinations, strong regional and international connectivity, and an expanding offering across leisure, culture, dining, and entertainment.

With its distinctive waterfront setting and growing hospitality landscape, Bahrain represents a natural addition to Nobu’s expanding portfolio of hotels, restaurants, and residences. The Marina Bay development will bring the Nobu lifestyle to a new destination, offering guests and residents an experience shaped by thoughtful design, signature cuisine, and the Japanese spirit of hospitality.

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Cision Introduces AI-Powered Cision Intelligence to Help Brands See More and Act with Confidence

First capabilities available through Cision MCP with rapid expansion across the Cision portfolio planned

CHICAGO, Nov. 12, 2026 /PRNewswire/ — Cision, a global leader in consumer and media intelligence and communications technology, today introduced Cision Intelligence, bringing together specialist AI with the breadth and depth of data, expertise and capabilities from across the Cision portfolio. It is designed to help brands spot change earlier and act with confidence, with the ambition of connecting these strengths through one agentic, conversational experience. The first capabilities arrive through Cision MCP, starting with Brandwatch Consumer Research.

Cision Intelligence is built on a shared AI foundation, developed once and extended across Cision’s full suite of solutions and supported external tools and agents. Because it is built once and used everywhere, improvements can reach every product and supported tool it powers, so customers get the same intelligence wherever they work. As capabilities expand, teams will be able to investigate questions, understand what matters and turn insight into action in the tools they already use.

“Customers want to understand how markets are changing, what that means for their business and what to do next,” said Guy Abramo, Chief Executive Officer at Cision. “Cision Intelligence brings our expertise into a conversational experience that helps them answer those questions. Our ambition is to put the breadth of Cision’s intelligence within reach wherever customers make decisions, giving them greater clarity and confidence to act.”

Initial access is through Cision MCP, Cision’s connection built on Model Context Protocol, an open standard that lets AI tools and agents work with trusted data and services. Its first release connects customers to Brandwatch Consumer Research agents, bringing consumer intelligence into supported tools and workflows. Cision plans to expand access rapidly across its other solutions, adding product agents and developing broader connected workflows over time.

Connect the signals. See what others miss.

Audiences move between search, social media, news coverage and AI-generated answers as they form opinions and make decisions. Understanding how those signals relate can reveal opportunities and concerns that are harder to see in isolation.

A product launch might generate positive coverage and strong social engagement while searches about reliability and competitor alternatives increase. Understanding those signals together could help a brand identify the questions standing between interest and purchase.

Cision Intelligence’s planned expansion will draw on the breadth of the portfolio: Trajaan’s search intelligence, Brandwatch’s consumer research and social media management, CisionOne’s media intelligence and PR workflows, and PR Newswire’s distribution and Multichannel Amplification™. This connected approach will help customers move from understanding a change to deciding how to respond.

“Every team has access to AI now. The difference is what it draws on. General-purpose assistants work from much the same public information,” said Jim Daxner, Chief Product Officer at Cision. “Cision Intelligence brings our specialist data and expertise to the questions that shape where a business invests. We’re starting with consumer intelligence in the AI tools teams already use and expanding across Cision from there.”

Consumer intelligence, closer to everyday decisions

The first release provides four capabilities through Cision MCP:

• Query Management: Build and refine queries around the questions that matter to your business.
• Quick Search: Explore consumer conversations and investigate emerging needs.
• Insights & Summaries: Turn findings into clear summaries that inform the next decision.
• Alerts: Stay informed about changes that may call for a response.

Together, these capabilities help teams explore what consumers are saying, investigate the questions behind emerging conversations and identify changes that deserve attention. Customers can use this additional access route alongside Brandwatch Consumer Research.

“Customers should be able to put our specialist intelligence to work in the environments they choose,” said Jeff Mullins, Chief Technology Officer at Cision. “Our shared AI foundation allows us to reuse advances across products and experiences. Cision MCP opens another way to access that expertise today, starting with Brandwatch Consumer Research, while we build towards more connected workflows.”

Put connected intelligence to work

Discover Cision Intelligence and what it could mean for your business at cision.com/cision-intelligence/

Existing products remain available, giving customers the choice to continue working in the solutions they use today.

About Cision 

Cision is the global leader in consumer and media intelligence, engagement, and communication solutions. We equip PR and corporate communications, marketing, and social media professionals with the tools they need to excel in today’s data driven world. Our deep expertise, exclusive data partnerships, and award-winning products, including CisionOne, Brandwatch, Trajaan, and PR Newswire, enable over 75,000 companies and organizations, including 84% of the Fortune 500, to see and be seen, understand and be understood by the audiences that matter most to them. 

Media Contact:  

Cision Public Relations  

CisionPR@cision.com  

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Bybit Fiat-to-Crypto Frenzy Returns With 80,000 USDT in Weekly Prizes, Simplifying On-Ramp to Crypto

DUBAI, UAE, Nov. 12, 2026 /PRNewswire/ — Bybit, the New Financial Platform trusted by more than 80 million users worldwide, has relaunched its Fiat-to-Crypto Frenzy rewards fiesta, offering new users a streamlined way to build digital asset holdings with an 80,000 USDT weekly prize pool and a participation threshold as low as 20 USDT.

From November 5, 2026 to March 30, 2027, Bybit’s Fiat-to-Crypto Frenzy event distills the crypto onboarding journey into three steps and rewards every milestone along the way.

Fiat to Crypto in Minutes

For many first-time participants, a wide gap between interest in digital assets and actual ownership remains. Complex interfaces, fragmented payment options, and multi-step conversion flows that could take up days continue to slow adoption across the industry.

Bybit’s fiat-to-crypto experience has the answer. The platform supports over 65 fiat currencies through three complementary channels: One-Click Buy for instant card and bank purchases, Fiat Deposit for direct bank transfers, and Bybit P2P for flexible peer-to-peer transactions in local currencies for eligible users. Together, these channels give new entrants access to more than 300 digital assets, including BTC, ETH, USDT and popular altcoins, without requiring prior crypto holdings or multi-step wallet setups.

In addition to the simplified user experience, Bybit’s Fiat-to-Crypto Frenzy turns essential onboarding actions into opportunities to earn. Eligible new participants may enter to complete three tasks through the Bybit Rewards Hub:

1. Register and verify: Creating a Bybit account and complete Identity Verification.
2. First-time deposits: Adding a minimum of 20 USDT via Bybit P2P, Fiat Deposit or One-Click Buy.
3. Trading: Accumulating at least 100 USDT in combined trading volume across Spot and Derivatives markets.

Each completed task generates Lucky Draw tickets, with every ticket representing one entry into the weekly prize draw for a share of the 80,000 USDT pool. The weekly reset means consistent participation throughout the nearly five-month campaign period can compound into multiple chances at rewards.

Bybit is committed to removing friction from the crypto experience. Behind every deposit and trade sits the platform’s institutional-grade infrastructure: deep global liquidity, real-time order matching, and a payment rail engineered for speed and reliability across dozens of currencies and geographies. For new entrants, that means less time navigating technical complexity and more time engaging with the market.

Fiat-to-Crypto Frenzy is available exclusively to newly registered Bybit users who meet eligibility requirements during the event period. Terms and conditions apply. For full details on participation rules and potential restrictions, eligible users may visit: Bybit Fiat-to-Crypto Frenzy: Complete Simple Tasks for a Chance to Win a Share of 80,000 USDT

About Bybit

Bybit is The New Financial Platform.

We believe every person should have access to every financial opportunity on earth. That’s why we’re building the first intelligent platform that connects anyone, anywhere to the world’s finance.

Trusted by more than 80 million users worldwide, Bybit brings together investing, trading, payments, and wealth-building in a single secure and intelligent ecosystem. Through the combination of AI-powered technology, deep global liquidity, robust security, and transparent operations, Bybit makes global finance more accessible, efficient, and empowering for everyone.

Built for everyone. Powered by intelligence. Open to the world.

Learn more at Bybit.com.

For more details about Bybit, please visit Bybit Press

For media inquiries, please contact: media@bybit.com

For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | YouTube

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OMAN INVESTMENT AUTHORITY SIGNS LARGEST-EVER INVESTMENT PACKAGE WITH CHINESE PARTNERS DURING HISTORIC STATE VISIT

Multi-billion-dollar agreements span investment, energy, mining, logistics, technology and space, with most projects planned for Oman

MUSCAT, Oman, Nov. 12, 2026 /PRNewswire/ — Oman Investment Authority (OIA), the Sultanate of Oman’s sovereign wealth fund, signed its largest-ever package of investment agreements in a single day with Chinese institutions and companies, worth billions of dollars, during the state visit of His Majesty Sultan Haitham bin Tarik to China, the first visit by an Omani Sultan to the country.

The agreements span various sectors, including renewable energy, mining, logistics, digital technology, space and financial services, marking a shift in Oman–China economic relations from traditional trade towards joint investment, industrial localization, technology transfer and long-term capital partnerships.

OIA signed an agreement with China’s Silk Road Fund for a USD 800 million joint fund, with the majority of capital to be invested in Oman, alongside a further USD 300 million fund with China Merchants Bank. Partnerships with IDG Capital, Templewater and EW Partners represent another USD 735 million, targeting clean energy, digital technology, smart manufacturing and utilities.

The package also includes major infrastructure and industrial projects. Nama Holding and State Grid International Development will cooperate on approximately USD 1 billion of battery energy storage with a combined capacity of 1 gigawatt.

Abdulsalam Al Murshidi, President of OIA, emphasized the agreements reflect the evolution of Oman–China relations from trade towards investment partnerships supporting economic diversification, future industries, job creation and knowledge transfer. Most projects are planned for Oman, bringing capital, technology, manufacturing and specialized capabilities into the country while connecting Omani businesses with Chinese and international production, distribution and investment networks.

O-Green and Shanghai Electric Wind Power Group signed a strategic partnership to develop wind-energy engineering and industrial capabilities in Oman, including an R&D centre and turbine testing site in Duqm. The partnership also covers green ammonia.

In mining, Minerals Development Oman awarded Hongda International a USD 418.7 million, 10-year contract for the Mazoon Copper and Gold Project, while a USD 100 million solar partnership will combine renewable-energy development with solar inverter manufacturing in Oman.

Oman’s state logistics group Asyad Group and JD.com will develop logistics facilities at Muscat Airport Free Zone, Khazaen Economic City and Sohar Free Zone, connecting Oman with GCC and East African markets.

Technology and skills development form another key pillar. Agreements included a Memorandum of Understanding on Oman’s government digital-transformation programme, while Oman’s leading integrated telecommunications services provider, Omantel signed an MoU covering the deployment of Ascend neural processing units and high-performance computing infrastructure to support advanced digital applications.

A space programme will also train 1,000 Omani specialists, sponsor 30 Omanis for postgraduate studies in China and establish a joint space AI laboratory. A separate Space Silk Road agreement covers the development, launch and operation of seven satellites in its first phase, alongside plans for satellite assembly, integration and testing capabilities in Oman.

Oman Investment Authority (OIA) continues to strengthen the role of the private sector in the Sultanate of Oman’s economic development. Through initiatives such as Future Fund Oman (FFO), the Authority is supporting commercially viable projects across priority sectors and creating opportunities for partnerships with local and international investors.

ABOUT OMAN INVESTMENT AUTHORITY (OIA)

Oman Investment Authority (OIA) is the investment arm of the Sultanate of Oman, entrusted with managing, investing, and developing the nation’s national and international assets. OIA invests in over 52 countries, targeting various sectors, including, energy, logistics, ICT, services, finance and investment, food security, tourism, mining, industry, and aviation. For inquiries regarding potential investment opportunities and partnerships, please contact the Investor Relations team at i.r@oia.gov.om.

For Further information Contact:

OIA Press Office

Mobile: +968 92278104

Email: Media@oia.gov.om

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