13, May 2026
AD Ports Group Delivers 41% YoY Net Profit Growth to AED 653 Million in Q1 2026; Best Quarterly Profits on Record

Abu Dhabi, UAE – May 13: AD Ports Group (ADX: ADPORTS), a leading global enabler of integrated trade, industry, and logistics solutions, today reported strong revenue and net profit performance in the first quarter of 2026, demonstrating the resilience of its diversified and integrated trade ecosystem amidst the challenging and complex geopolitical and macroeconomic backdrop.
From a service offering and geographic perspective, AD Ports Group’s diversified operations, and vertically integrated business model based on long-term partnerships and contracts, focused strategy, and operational flexibility, have proven once again to be effective in turning risks into differentiated opportunities. Throughout the obvious challenges posed by the geopolitical situation in the Arabian Gulf, the Group has been able to maintain uninterrupted services, operating normally with precautionary business continuity protocols activated.
Continuity measures include the rerouting of cargo operations and feeder services to Fujairah Terminals and Khorfakkan Port, and deployment of new land and air bridges, complemented by additional warehousing and storage facilities. AD Ports Group launched new regional feeder shipping services to maintain supply chain integrity, redeploying and scaling up its container and bulk cargo vessels fleet, with plans to further increase fleet capacity. The new services connect with ports in India, Pakistan and Oman, as well as Red Sea ports, and ports along the Upper Arabian Gulf region.
The Group also established a land bridge to transport cargo from Fujairah and Khorfakkan through bonded customs corridors across the UAE to Khalifa Port, Jebel Ali Port, and Sharjah, using 800 trucks and four new daily rail services by Etihad Rail. These efforts were supported by the Group’s expanded warehousing and storage capacity for essential goods, currently exceeding 76,000 m2, with plans to more than double to 188,000 m2.
Leveraging its award-winning digital trade infrastructure, the Group also launched new freight management platforms that delivered visibility and resilience, enabling the efficient management of trade flows. By unifying and processing data across the Group’s global operations, these platforms have enabled the Group to act on real-time trade lane intelligence to strengthen supply chain integrity, whilst repurposing empty import containers for export along alternative high-volume corridors, which enhanced resilience and reduced time and cost for customers.
In Maritime & Shipping, the strong performance was a combination of volume and price effects, notably in container feeders, Ro-Ro, and tankers, as well as increased drydocking activities. Container feeder shipping volumes rose 20% YoY to 871K TEUs in Q1 2026, driven by increased services and capacity, whilst the bulk, multipurpose, and Ro-Ro vessel fleet reached 63, up from 41 in the same period a year earlier.
In the Economic Cities & Free Zones Cluster, growth momentum continued with 843,000 m2 (net) new industrial land leases in KEZAD Abu Dhabi, generating strong demand for warehouses, staff accommodation, and utilities provision. KEZAD also completed the sale of a group of warehouses to MAIR Group for AED 295 million and sold a 1.0 km2 mixed-use land plot to Danube Properties for AED 840 million, as part of the Group’s strategy to actively manage its asset portfolio across all business Clusters, and monetise real estate and non-core assets, when opportune.
In the Ports Cluster, UAE operations remained resilient in the face of challenging regional events, with quarterly container throughput declining 5% YoY and general cargo volumes dropping 23% YoY, which were largely offset by strong growth internationally of 17% YoY and 21% YoY, respectively. In the UAE, container capacity utilisation stood at 54% (57% at Khalifa Port), whilst internationally it reached 65%, up from 58% in Q1 2025.
In Logistics, the global freight environment remains challenging, with rising operational costs, and in the UAE quarterly polymer volumes declined 6% YoY as a result of the regional situation.
In Q1 2026, AD Ports Group continued expanding internationally with a trade corridor and region-focused strategy. The Middle East, Central Asia, Pakistan, Egypt, Sub-Saharan Africa, and Mediterranean regions remained in focus, as the Group continued to build operational scale and long-term partnerships. A 30-year concession was secured for a brownfield multipurpose port in Aqaba, Jordan, and a 30-year concession was signed for a new greenfield dry bulk terminal at Douala Port in Cameroon. In parallel, the Group has continued to interconnect its 38 port terminals with associated maritime and logistics services, increasing synergies and enhancing asset utilisation.
In its Balance Sheet, AD Ports Group’s debt leverage continued to improve, with a Net Leverage of 3.9x, vs. 4.1x in Q1 2025, and 4.0x in Q4 2025.
Despite a low cash conversion ratio of 62%, Cash Flows from Operations reached AED 943 million in Q1 2026, +30% YoY, on steady growth in operating profit from core operations, and AED 74 million from the asset monetisation programme under a two-year payment plan for the sale of warehouses to MAIR Group.
With quarterly organic CapEx of AED 1.35 billion, the Group generated slightly negative Free Cash Flow to the Firm (FCFF) of AED 348 million but maintains annual guidance of positive FCFF going forward, subject to the evolving regional situation.
Q1 2026 Financial KPIs
|
AED m |
Q1 2025 |
Q4 2025 |
Q1 2026 |
YoY % |
|
Revenue |
4,597 |
5,954 |
5,750 |
25% |
|
EBITDA 1) |
1,136 |
1,606 |
1,516 |
33% |
|
EBITDA Margin (%) |
24.7% |
27.0% |
26.4% |
1.7% |
|
Profit Before Tax (PBT) |
515 |
646 |
729 |
42% |
|
Total Net Profit |
464 |
567 |
653 |
41% |
|
Net Profit – Owners of the Company |
348 |
454 |
497 |
43% |
|
Non-Controlling Interests |
116 |
113 |
156 |
34% |
|
Reported EPS (AED) 2) |
0.07 |
0.09 |
0.10 |
43% |
1)EBITDA is calculated by taking net profit and adding depreciation and amortization, finance costs, income tax expense, impairment of investment properties and subtracting government grants, fair value gain on pre-existing interest in a joint venture and finance income.
2)Based on the weighted average number of shares for the period.
Key Developments in Q1 2026
Ports Cluster
·Joined Africa Ports Development’s (APD) 30-year concession to design, build and operate a new dry bulk terminal at the Port of Douala in the Republic of Cameroon. The agreement establishes an investment structure, under which AD Ports Group together with two other UAE investors own 60% of the operating company, alongside ADP’s 40% ownership, implying an effective economic interest of 51% for AD Ports Group.
·Signed a 30-year concession agreement with Aqaba Development Corporation (ADC) to operate the brownfield Aqaba Multipurpose Port, Jordan’s only and exclusive general cargo and multipurpose seaport. The concession was secured through a JV with AD Ports Group holding 70% ownership and ADC 30%.
·Secured a USD 115 million project finance facility led by the International Finance Corporation (IFC) and National Bank of Kuwait-Egypt (NBK) to support the development of the Noatum Ports Safaga Terminal in Egypt.
Economic Cities & Free Zones Cluster
·Signed a 50-year land lease with Galadari Brothers’ heavy equipment division to establish a AED 75 million facility in KEZAD A (Al Ma’mourah). The 150,000 m2 facility will be used for storage and distribution of heavy machinery and industrial equipment in the region.
·Sold a group of warehouses in KEZAD Logistics Park – KLP Free Zone 3 (FZ3) in Abu Dhabi to MAIR Group for AED 295 million.
·Launched the 450,000 m2 Metal Park, the world’s first pay-as-you-grow metals ecosystem in Abu Dhabi.
·Signed an AED 840 million land sale agreement with Danube Properties for a 1.0 km2 plot located within the 16 km2 KEZAD Town Centre for the development of a residential and mixed-use project.
·Signed a 50-year land lease with Jotun Abu Dhabi to establish a new 83,177 m2 manufacturing facility in ICAD – KEZAD Musaffah with an investment value of AED 450 million. Jotun Abu Dhabi is relocating from its existing 22,000 m2 facility.
Maritime & Shipping Cluster
- Safeen Drydocks, part of Noatum Maritime, acquired 100% ownership of Balenciaga Astilleros Shipyard, one of Spain’s most established and technologically advanced shipbuilding and repair facilities, for a total consideration of EUR 11.2 million.
Others
- Refinanced a USD 2.5 billion syndicated loan with two UAE banks, extending maturity to March 2029, and reducing future borrowing costs.
Key Developments Post Q1 2026
·Signed new land leases for five new projects in KEZAD Al Ain and KEZAD A (Al Ma’mourah), covering a total footprint of over 84,000 m2 and representing a total investment of AED 147 million. The projects are in the automotive (car cleaning products), metal, and logistics industries.
·Sold three warehouses in KEZAD Logistics Park (KLP) in Abu Dhabi to Aldar for AED 650 million.
·Signed a strategic partnership with Tawazun Council for Defence Enablement to develop Al Selmiyyah Defence Industrial Free Zone in Abu Dhabi. Al Selmiyyah will be developed as a zone dedicated to advancing defence manufacturing in the UAE. AD Ports Group will serve as a strategic partner and advisor for the zone, leading the master planning process, shaping land use and infrastructure planning, and providing industrial zone development expertise to support phased delivery, ecosystem integration, and connectivity to regional and global trade networks, in line with international best practices.
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- By Neel Achary
13, May 2026
Motorola Launches razr Fold with DXOMARK Gold 1 Foldable Camera in India
Mumbai, May 13 : Motorola, a global leader in mobile technology and innovation and India’s leading AI smartphone brand, today launched the motorola razr fold, its first foldable smartphone redefining productivity and play, enabling users to seamlessly work, create, and multitask.
The device features the World’s Best Foldable camera system recognised with the DXOMARK Gold Label for imaging excellence, featuring the world’s only Triple 50MP Pro-Grade Foldable Camera System led by the advanced Sony LYTIA™ 828 and Sony LYTIA™ 600 camera with moto ai, delivering flagship-grade clarity, cinematic dynamic range, ultra-realistic colours, sharper shadows, reduced grain, blur-free shots, Pantone™ Validated True Colours and SkinTone™ accuracy, along with 8K Dolby Vision Recording with moto ai Video Enhancement Engine featuring the industry-first dual tone mapping engine and 4K Dolby Vision® Recording up to 60fps from all lenses. Backed by a massive 6,000mAh silicon-carbon battery with 80W TurboPower™ charging and 50W wireless charging, the motorola razr fold also features a stunning 165Hz LTPO external display and immersive 2K main display. Powered by the Snapdragon® 8 Gen 5, it further enhances imaging with advanced on-device AI processing. With a sophisticated diamond piqué-inspired finish and satin-luxe inspired finish in Pantone™ curated colours, along with IP48 + IP49 durability, the motorola razr fold delivers a truly premium and seamless smartphone experience.
The motorola razr fold sets a new benchmark in imaging with a DXOMARK Gold Label for imaging excellence, anchored by its advanced 50MP Sony LYTIA™ 828 camera powered by moto ai and 8K Dolby Vision® recording. The sensor delivers stunning photography with exceptional clarity, superior signal-to-noise performance, advanced AI noise reduction for deeper blacks and cinematic contrast, and outstanding shots with brighter highlights and deeper shadows. The advanced 3.5° OIS stabilization enables ultra-steady photography and videography, while moto ai enhances textures, dynamic range, and motion detection in real time, ensuring crisp, blur-free captures even in fast-moving scenes. With Pantone™ Validated Colours and Pantone™ SkinTone™ Validation, the camera reproduces authentic, true-to-life colours exactly as creators intended.
Complementing the main sensor is a 50MP Sony LYTIA™ 600 Periscope Camera with 3x Optical Zoom & 100x Super Zoom Pro and a 50MP Ultra-Wide + Macro Vision camera with up to 122° field of view for expansive landscapes and intricate close-ups. For selfies, the device sports a 20MP outside selfie camera and 32MP inside selfie camera with Quad Pixel Technology.
The device supports Ultra-Sharp 8K Dolby Vision® Recording with moto ai Video Enhancement Engine and 4K Dolby Vision Recording up to 60fps from all lenses enabling seamless lens switching for cinematic storytelling from every angle. FHD slow motion captures the moment at up to 240fps. moto ai smart features include a Photo Enhancement Engine, Video Enhancement Engine with the industry’s first dual tone mapping, Adaptive Stabilization, Super Zoom Pro (up to 100x), and Dynamic Bokeh. Additional camera features include Frame Match, Instagram HDR, Active Photos, Video Horizon Lock, Audio Zoom, Adaptive Stabilization, Hyperlapse, Long Exposure Mode, Air Gesture control, FIFA World Cup™ Watermark, and full integration with Google Photos AI tools including Magic Eraser, Photo Unblur, Magic Editor, and more.
The motorola razr fold houses a massive 6,000mAh silicon-carbon battery, engineered to deliver over 43 hours of battery life on a single charge without compromising performance. Designed for uninterrupted streaming, gaming, 8K recording, video calls, and social media usage, the advanced silicon-carbon technology ensures long-lasting endurance in a sleek profile. Complementing this is 80W TurboPower™ charging. It also supports 50W TurboPower™ wireless charging and 5W reverse charging for earbuds, smartwatches, and other compatible accessories.
Further, the smartphone features a massive 8.1” 2K Extreme AMOLED Main Display delivering tablet-like multitasking, cinematic viewing, creator-grade editing, and flagship gaming immersion, along with a 6.6” Extreme AMOLED External Display that delivers a complete smartphone experience even when folded for messaging, navigation, productivity, entertainment, and camera usage without unfolding. The 165Hz LTPO refresh rate on the external display enables ultra-fluid scrolling, smoother animations, responsive gaming, and immersive interactions. With Pantone™ Validated Display and Pantone™ SkinTone™ Validation, the screen reproduces true-to-life colours and accurate skin tones exactly as creators intended. The display achieves exceptional outdoor visibility with 6,200 nits peak brightness on the main display for ultra-vibrant HDR playback even under direct sunlight. HDR10+, 100% DCI-P3 wide colour gamut, and 10-bit colour depth combine to deliver over a billion shades with ultra-accurate colour reproduction and deeper visual realism. Designed with Corning® Gorilla® Glass Ceramic 3 outside and Ultra Thin Glass inside, users can feel confident about the strength of the display.
Powering the motorola razr fold is the Snapdragon 8 Gen 5 processor, delivering superfast performance without unnecessary battery drain. With up to 16GB LPDDR5X RAM and up to 512GB UFS 4.1 storage, the razr fold ensures seamless multitasking, responsive gaming, and smooth everyday performance. RAM Boost turns storage into virtual RAM, automatically adapting to keep multiple apps running without a hitch.
Additionally, the device features an ultra-thin 4.6mm unfolded profile with a lightweight 240g foldable design. It showcases PANTONE curated premium finishes with Satin-Luxe and Diamond Piqué textures, including a Satin-Luxe inspired finish in PANTONE™ Lily White delivering a soft-touch silky texture with elegant premium aesthetics, and a diamond piqué textured finish in PANTONE™ Blackened Blue inspired by luxury fabric craftsmanship for a uniquely tactile and sophisticated in-hand experience. Advanced hinge engineering with an aircraft-grade steel hinge and titanium reinforcement improves structural stability, smoother folding action, and long-term durability, while the precision-engineered teardrop-shaped hinge reduces stress on the screen and creates a fluid, effortless folding experience with minimized gaps for a clean, seamless look. As the world’s first smartphone featuring Corning® Gorilla® Glass Ceramic 3, it delivers enhanced durability, scratch resistance, and premium protection against everyday wear.
Speaking on the launch, Mr. T.M. Narasimhan, Managing Director, Motorola India, said,
“With the motorola razr fold, we are ushering in a new era for foldables, designed to unlock greater productivity and creativity. It is a device that combines stunning design, pro-grade intelligence, and exceptional craftsmanship to make every interaction truly remarkable. Paired with the moto buds 2 plus, where the brilliance of Sound By Bose meets the acoustic expertise, we are delivering an ecosystem that is as stylish as it is powerful and making it the segment best audio experience.
At Motorola, we have always believed that great technology should feel personal, and this launch is the fullest expression of that belief. We are proud to bring this experience to India, reaffirming our commitment to our consumers and our position as the country’s leading AI smartphone brand.”
Running on Hello UI based on Android™ 16, the motorola razr fold comes with a promise of 7 years of Android OS and 7 years of security updates. The OS provides deep customisation, from custom colours, fonts, and icon shapes to unique wallpapers for home and lock screens. Features include Auto Blur screenshots, Gestures, Quick Capture, Fast Flashlight, Three Finger Screenshot, and Quick Launch, while AI-powered system optimization intelligently improves responsiveness, app launch speeds, and background efficiency over time.
The motorola razr fold also comes with moto ai 2.0, delivering next-level intelligence with contextual suggestions, AI-powered productivity, and creative experiences. AI Image Studio enables Text to Image, Sketch to Image, AI Avatars, Text to Sticker, and AI Playlist Studio creation tools, while features like Catch Me Up 2.0, Pay Attention, Next Move Suggestions, Global Search, Show This On That, and Auto Screenshot Blur enhance everyday productivity. Remember This, Recall, and Save to Memory act as an intelligent memory vault, while Google Gemini integration enables writing, learning, planning, AI image generation, and seamless actions across Google apps.
The motorola razr fold meets advanced durability standards with IP48 and IP49 rated water and dust protection for improved reliability in daily usage conditions. Smart Water Touch technology enables uninterrupted screen responsiveness even around water or moisture. The immersive Gold Standard Cinematic Sound experience is delivered through Sound by Bose, Dual Stereo Speakers, Dolby Atmos® Spatial Audio, and Hi-Res Audio, creating multidimensional sound with enhanced depth, positioning, and immersion.
Celebrating the world’s biggest sporting event, the FIFA World Cup 26™ Collection features a FIFA special edition of motorola razr fold which comes with exclusive FIFA experiences, FIFA World Cup 26™ Watermark, curated wallpapers, official ringtones, and FIFA Heroes gaming access.
Bundled with the motorola razr fold, the moto buds 2 plus add a perfect blend of style and premium audio to the complete experience. The moto buds 2 plus, titled as the Segment’s Best Audio experience powered by Sound by Bose technology, are crafted like fine jewellery and designed to make a bold style statement. Powerful 11mm dynamic drivers deliver deep bass, while balanced armatures by Knowles add exceptional clarity and detail. Support for LHDC and LDAC codecs ensures rich, high-quality, low-latency wireless audio.
With Dynamic ANC making it the Segment’s Best Adaptive ANC tuned in collaboration with Bose engineers, the moto buds 2 plus intelligently block distractions, while Transparency Mode lets ambient sound in when needed. A six-microphone system with Environmental Noise Cancellation and CrystalTalk AI keeps calls crystal clear, even in noisy surroundings. Offering up to 9 hours of playback on a single charge and 40 hours with the case, they also support fast charging, It is a segment’s only earbuds with Bluetooth® 6.0 and features Dual Connection, Gaming Mode, Wear Detection, Fit Test, IP54 water resistance, and instant access to moto ai features on compatible Motorola devices.
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13, May 2026
Mahindra Insurance Brokers Limited partners with WebEngage to strengthen data led customer experience
Mumbai, May 13 : Mahindra Insurance Brokers Limited (MIBL), one of India’s leading insurance broking companies, has entered into a strategic partnership with WebEngage, a leading SaaS provider of Customer Data Platform and engagement solutions, to strengthen customer experience through a unified, data-led approach. This initiative is expected to improve engagement outcomes and campaign effectiveness by enabling data-led orchestration across customer touch points.
The partnership is aimed at helping MIBL build a 360-degree customer view by consolidating interactions across D2C platforms, assisted sales journeys, and offline dealer-led touchpoints. This will enable the company to map complete customer journeys from offline renewals to digital self-serve purchases within a single system, supporting more consistent and relevant communication across the insurance lifecycle, including policy purchase, renewals and servicing.
As part of the collaboration, MIBL will use WebEngage’s platform to enable automated, policy-level communication, allowing timely and contextual updates and reminder journeys for every policy a customer holds. The unified view is also expected to support cross-sell and upsell opportunities across product categories, including extending motor insurance customers into health policies, while encouraging greater adoption of digital-first journeys.
Commenting on the partnership, Avlesh Singh – Co-founder & CEO, WebEngage, said,
“Insurance engagement today must move beyond transactional reminders to intelligent, lifecycle-driven conversations. Our partnership with Mahindra Insurance Brokers Limited brings together unified data, automation, and policy-level intelligence to create highly contextual customer journeys. By connecting assisted, offline, and digital touchpoints, we are enabling the organization to drive stronger engagement, provide cross-sell opportunities, and deliver meaningful value across the policyholder lifecycle. Having successfully driven impactful engagement transformations with brands such as Groww, Acko, Tata Motors, Eureka Forbes, CIPLA, Metro Brands, we are excited to collaborate with MIBL to build innovative, customer-centric insurance experiences at scale.”
Through this collaboration, MIBL is moving towards a single-view, omnichannel customer strategy. By combining unified data, automated orchestration, and policy-level intelligence, the organization is building a scalable foundation for lifecycle engagement, enabling stronger relationships, improved campaign effectiveness, and sustained growth in an increasingly digital-first insurance landscape.
13, May 2026
Scality launches Autonomous Data Infrastructure: A new operating model for enterprise AI, cyber resilience, and sovereign control
Building on the proven foundations of RING and ARTESCA, Scality ADI introduces autonomous operations, cross-media flexibility, and extreme AI-scale performance for organizations operating at multi-petabyte to exabyte scale
SAN FRANCISCO, May 13 — Scality, a global leader in data infrastructure software for the AI era, today announced Scality ADI (Autonomous Data Infrastructure), a sustainable data infrastructure platform designed for organizations that must simultaneously power diverse AI workloads, defend against escalating cyber threats, and maintain sovereign control over their data.
Scality ADI combines Scality’s proven distributed object storage foundation with Guardian, an AI-powered autonomous operations engine that dramatically reduces administrative burden while keeping humans in the loop for every decision. The platform spans multiple storage media classes within a single namespace, with policy-driven lifecycle management that lets organizations align the right performance and economics to each workload.
RING and ARTESCA, Scality’s trusted solutions for large-scale distributed storage and immutable backup storage, continue as core products in the portfolio.
AI has broken the old storage model
The demands on enterprise data infrastructure have fundamentally changed. AI is no longer a single workload. It spans training, inference, multimodal agentic workflows, retrieval-augmented generation (RAG), video search and summarization (VSS), and KV cache for distributed inference. Each has radically different requirements for throughput, latency, and data governance. At the same time, cyber threats have grown more sophisticated, regulators demand provable resilience, and power constraints have become hard design limits in modern data centers.
Traditional storage architectures, designed for predictable growth and isolated tiers, force painful tradeoffs between performance, resilience, cost, and control. Organizations do not need another storage product with yet increased complexity. They need sustainable data infrastructure built for the decades ahead.
Building on the success of Scality ARTESCA and Scality RING
Scality ADI builds on more than 15 years of innovation. Scality RING, deployed by the world’s most demanding organizations for large-scale distributed storage, has proven its resilience and scalability at multi-petabyte to exabyte scale for over a decade. ARTESCA, Scality’s backup-first object storage solution with CORE5 end-to-end cyber resilience and a $100,000 cyber guarantee, has become a trusted foundation for immutable data protection. Both products continue and remain central to Scality’s portfolio.
Scality ADI represents the next chapter: a product purpose-built for the new realities that AI, sovereign data requirements, and sustainability constraints impose on enterprise infrastructure.
A platform built for what comes next
Scality ADI introduces capabilities that go beyond what any single storage product can deliver. Scality Guardian, its autonomous operations engine, uses AI-powered agents to handle expansion, healing, rebalancing, upgrades, and lifecycle workflows, dramatically reducing the administrative burden on infrastructure teams.
Every operation follows a human-in-the-loop principle: Scality Guardian surfaces insights and recommends actions, but humans approve and control every decision. Beyond built-in Guardian intelligence, MCP-enabled extensibility allows organizations to integrate their own AI tools and automation workflows directly into ADI operations, so the platform can be driven by a customer’s own AI stack, not just Scality’s.
Its software-defined, disaggregated architecture spans NVMe SSD (TLC/QLC), HDD, tape and cloud storage within a single namespace, while policy-driven lifecycle management, defined and approved by operators, aligns the right media, performance, and economics to each workload:
- It can deliver the extreme performance requirements of GPUs at multi-TB/s and ultra-low latency thanks to our new RDMA-accelerated KV cache connector.
- QLC, HDD and future NL-flash deliver balanced performance at an attractive cost of ownership.
- Long-term archives achieve near-zero power consumption on tape or cloud ice cold storage.
CORE5 cyber resilience ensures data remains immutable, recoverable, and auditable at every level. Real-time power telemetry gives infrastructure teams visibility into consumption at system, node, and workload levels, connecting performance decisions to actual data center constraints.
Open-code and outcome-based customer experience
Scality ADI is delivered as open-code software with the source code available for inspection and governed contributions to support both longevity and transparency in mission-critical environments. It is also backed by outcome-based SLAs spanning availability, performance, protection posture, power consumption, and operational efficiency. It is designed for large enterprises, government organizations, and sovereign environments where trust, longevity, and inspectability are as important as technical performance.
“The AI era hasn’t just changed how enterprises use data, it has exposed how badly the old storage model was broken. Scality ADI isn’t just a faster object store. It’s a new operating model that autonomously aligns the right performance, protection, and economics to every workload, at every stage of the data lifecycle. That’s what it takes to keep GPUs productive, satisfy regulators and insurers, and maintain sovereign control, all at the same time, and at exabyte scale. We are not replacing what works. We are building what comes next.”
— Jérôme Lecat, CEO, Scality
“We have relied on Scality RING as a core storage platform of our private cloud since 2021, and it has consistently delivered the scale, resilience, and performance our operations require. Scality ADI and its Guardian autonomous operations represent exactly the evolution we need — AI-enabled infrastructure management that will allow our teams to operate more efficiently while maintaining the security and control standards our business demands.”
— Manuel Paviotti, Manager Backup & Storage, Groupama G2S
“Our research underscores that building the right data infrastructure is critical in evolving enterprise AI from PoC to operational scale that meets the realities and responsibilities of complex, modern organisations. Yet, the conversation around autonomous infrastructure has too often defaulted to marketing language without addressing the governance question enterprises care about. Scality ADI takes a more credible approach, with operational intelligence through policy-governed execution, where agents surface recommendations and actions occur within auditable bounds, on an architecture ideally suited to the regulated, sovereign, and mission-critical environments where trust in the platform is as important as its technical performance.”
— Simon Robinson, Principal Analyst, Omdia
Availability
Scality ADI is available now through Scality’s global network of channel partners and strategic alliance partners.
13, May 2026
MP Sahney Urges Corporate-Cooperative Collaboration to Boost Social Enterprises at CII Summit
New Delhi, May 13 : The corporate and cooperative sectors must team up to build social enterprises and unlock demand in rural India, Rajya Sabha MP Dr. Vikramjit Singh Sahney said at the CII Annual Summit.

Known for his push on grassroots development, Dr. Sahney argued that corporates and cooperatives working together could reach the last mile in villages, spurring rural economies and creating sustainable livelihoods. “If we truly want to spur rural demand and bring inclusive growth, corporates and cooperatives cannot work in silos, they must collaborate to promote social enterprises,” he said. This kind of synergy, he added, would help bridge the stubborn urban-rural divide.
Dr. Sahney put a sharp focus on women-led groups. Women-led cooperatives, self-help groups (SHGs), and women-run enterprises have huge potential but often lack the backing they need, he said. They should get greater institutional support to evolve into technology-enabled, professionally managed outfits, using digital payments, online procurement, and e-market platforms to boost their effectiveness and scale.
Cooperatives need to get more transparent with professional leadership, regular audits, autonomy, and independent boards. The newly enacted Multi-State Cooperative Societies Act gives them the legal tools to do just that, allowing real independence while keeping accountability in check.
The session, chaired by Sh. Suresh Prabhu, former Union Commerce Minister and India’s ex-G20 Sherpa, drew nods from industry leaders and policy makers.
They agreed cooperatives are an underused lever for inclusive growth. Dr. Sahney’s ideas line up with the Prime Minister Narendra Modi’s vision of ‘sahakar se samriddhi’ (prosperity through cooperation) push, which fits with the bigger discussions happening about improving rural areas and starting social projects, especially as more money is now being spent in the countryside.”
13, May 2026
Apollo Hospitals Brings Advanced Super Speciality Care to the Heart of Mumbai with New Centre in Dadar
Mumbai, May 13: Apollo Hospitals has launched its Super Speciality Center in Dadar, bringing advanced medical care to the heart of Mumbai. The Centre offers super–speciality services across Cardiology, Neurology, Oncology, Gastroenterology, Orthopaedics, Transplantation, and Pulmonology, supported by comprehensive diagnostics, robotics-enabled care, and 24×7 clinical access. All services are delivered by experienced Apollo clinicians, each with over a decade of expertise, operating within Apollo‘s established clinical ecosystem. The launch was graced by Mr Arunesh Punetha, Regional CEO – Western Region, along with Apollo’s experts: Dr Anil D’Cruz (Director Oncology and Sr Head and Neck Oncology Surgeon), Dr Deepak Gautam (Sr Consultant Orthopaedic & Robotic Joint Replacement Surgeon), Dr Dipalee Borade (Consultant Radiation Oncology), Dr Jyoti Bajpai (Lead Consultant, Medical and Precision Oncology), Dr Sumeet Pawar (Consultant Spine & Neurosurgeon) along with other doctors and members of the community.
Apollo Hospitals Brings Advanced Super Speciality Care to the Heart of Mumbai with New Centre in Dadar
Nearly 8,000 patients from Mumbai travel to Apollo Hospitals Navi Mumbai every year for advanced care, many of them making that journey repeatedly through the course of treatment. As Apollo Navi Mumbai approaches its 10th anniversary this November, the new Dadar centre represents the next chapter in our journey, bringing the same trusted clinical expertise and continuity of care closer to patients and their families in the heart of the city.
Dr Anil D’Cruz said: “At Apollo, we believe advanced healthcare should not only be world-class, but also easier to access consistently. Over the years, thousands of patients from Mumbai have travelled to Navi Mumbai for specialised treatment, often multiple times during the course of care. The launch of our Dadar Centre reflects our commitment to reducing that burden and ensuring patients can access Apollo’s trusted specialists, advanced diagnostics, and integrated care pathways closer to home. This is not just an expansion of infrastructure, but an expansion of patient-centric care.”
For patients managing ongoing treatment, the Centre significantly reduces the burden of approximately 30 kilometres of travel per visit, enabling faster consultations, more consistent follow-up, and uninterrupted continuity of care. This is particularly meaningful for oncology patients, those on post-transplant recovery, and individuals managing long-term chronic conditions, for whom the frequency of care visits is highest.
13, May 2026
Vapi raises $50M Series B as it reaches 1 billion calls, powering the next generation of enterprise voice AI
San Francisco, CA – May 13: voice AI startup Vapi announced a $50 million funding round to make all calls extraordinary. When a customer calls a business, they aren’t looking for another channel. They’re looking for an outcome. But most phone experiences still run on rigid phone trees, scripts, and deterministic systems that can’t listen, adapt, or resolve issues the way a human can. Voice is where intent is highest and expectations are clearest. Vapi, the leading platform for deploying configurable voice agents at scale, was built to make that channel extraordinary.
Following a 10x in enterprise ARR growth, the Series B round was led by Peak XV with participation by M12, Microsoft’s Venture Fund, Kleiner Perkins, Bessemer Venture Partners, and earlier investors, bringing total funding to $72 million.
Nearly $3 trillion in global sales are projected to be at risk in 2026 due to bad customer experiences. And despite years of investment in chatbots, automation, and self-service portals, customer satisfaction scores haven’t increased. Since 2022, they’ve actually dropped by 2%, and haven’t meaningfully moved since 2017. The problem isn’t that businesses aren’t trying. It’s that the systems behind most customer interactions were never designed to listen, adapt, or meet people where they are. Vapi believes the fastest way to earn trust and resolve issues has always been a real conversation. Voice AI can finally make those conversations happen at scale.
Enterprise customers include Amazon Ring, Kavak, ServiceTitan, New York Life, and Intuit. Amazon Ring uses Vapi to handle inbound customer inquiries about smart home security devices.
“When [Amazon] Ring customers call in, they expect fast, high-quality support,” said Jason Mitura, Vice President of Software Development at Amazon Ring. “After evaluating dozens of vendors, Vapi stood out. We went from zero to production in two weeks, and 100% of our inbound volume now runs through the Vapi. Most importantly, we’ve maintained our high bar of support for our customers and CSAT scores have improved. Vapi gives our teams the ability to tune the agent experience without depending on engineering. A lot of AI tools promise great outcomes – Vapi has delivered on them.”
Vapi is an enterprise voice AI platform for building, deploying, and managing voice agents that deliver the outcomes businesses want at the scale their customers need. The platform is designed to take teams from working prototype to production-scale deployment in days instead of months. Vapi’s platform is optimized for low latency, with the flexibility to swap models and providers, and an API that removes the need to understand telephony internals. Vapi’s mission is to make it easy for any business to build the kind of human interface that lets customers get the help they need.
The platform powers voice AI for businesses that need to handle calls at scale – supporting everything from inbound customer service and outbound collections to candidate screening, sales coaching through simulated dialogue, and autonomous IVR navigation. Customers use Vapi to replace or augment contact centers, automate high-volume qualification workflows, and navigate complex third-party payer systems without human involvement. The company has found its strongest traction in financial services, healthcare, insurance, automotive, and workforce management.
“Vapi has built a differentiated self-serve product for developers and enterprises in the massive voiceAI revolution,” said Arnav Sahu, Partner at Peak XV. “In 10 years, it’s likely most calls will not have a human behind the phone. With its bottom-up, PLG approach, we believe Vapi is the next Zapier and n8n for voiceAI workflows. At Peak XV, we are investors in several developer and bottom-up companies like Supabase, PostHog, Better Auth and ClickHouse and believe Vapi has the potential to be the defining platform for voice AI. We are excited to partner with them.”
Co-founders Jordan Dearsley and Nikhil Gupta met at the University of Waterloo and spent years building products together, including a Y Combinator-backed calendar app that reached profitability. Vapi started almost by accident. In mid-2023, Dearsley built a voice-based AI therapist for his daily walks, chaining models together and optimizing for latency until he had a working phone-based system. The therapy product didn’t take off, but the infrastructure did. Vapi launched publicly on Product Hunt in March 2024.
Most businesses have spent decades of time and effort, only to make their customer experience worse,” said Jordan Dearsley, CEO and co-founder of Vapi. “The real unlock is building agents for your customers that feel human. Vapi gives teams the platform to deploy voice agents that actually solve problems for customers — millions of them, every day.
Today, the company reports more than 1 million developers, over 2.7 million unique agents created, and over 1 billion calls made.
Vapi sees the next phase of voice AI being defined by governance and predictability. As agents take on higher-stakes workflows, enterprise operators need tighter uptime guarantees, predictable latency under load, and call-level monitoring that treats every conversation as a production workload. That is where the company is focused: deeper reliability, stronger guardrails that keep agents within defined boundaries, and clear escalation paths when a situation calls for a human. The goal is to make it easy for any business to deploy voice agents that deliver measurable outcomes at scale, so that getting help feels as natural as having a real conversation.
13, May 2026
hubergroup Chemicals showcases advanced solutions for coatings and inks at Paintistanbul 2026
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13, May 2026
Apex Group of Hospitals Celebrates International Nurses Day Across All Its Hospitals
Mumbai, May 13: Apex Group of Hospitals celebrated International Nurses Day with gratitude and pride across all its Mumbai hospitals, recognising the tireless dedication, compassion, and commitment of its nursing staff who continue to play a vital role in patient care and recovery. Celebrations across all Apex hospitals included special appreciation ceremonies, cultural activities, motivational sessions, and awards honouring exceptional nurses for their service and contribution to healthcare excellence.
Speaking on the occasion, the management of Apex Group of Hospitals said, “Nursing is the backbone of every hospital. Nurses are not only caregivers but also emotional support systems for patients and families during their most difficult moments. Their strength, empathy, and commitment form the foundation of quality healthcare.”
The event highlighted the critical role nurses play in ensuring patient safety, comfort, and recovery. From emergency care and operating theatres to intensive care units and general wards, nurses remain at the forefront of healthcare delivery every single day. Doctors, management teams, and hospital staff joined together to express their appreciation for the nursing fraternity. Several nurses who demonstrated outstanding dedication, leadership, and patient care were felicitated during the celebrations. Nurses play a vital role in India’s healthcare system by providing compassionate care, emotional support, and round-the-clock medical attention to patients. They are the backbone of hospitals, ensuring patient safety, recovery, and comfort at every stage of treatment. From emergency care to rural healthcare services, nurses work tirelessly with dedication and humanity. Their contribution strengthens the nation’s healthcare system and improves countless lives every day.
Apex Group of Hospitals consistently focuses on creating a supportive and growth-oriented environment for its nursing professionals through continuous training, skill development programs, and modern healthcare practices. International Nurses Day, celebrated globally on May 12, marks the birth anniversary of Florence Nightingale, the founder of modern nursing. The occasion serves as an opportunity to recognise the invaluable contribution of nurses to society and healthcare systems worldwide. Through this celebration, Apex Group of Hospitals reaffirmed its commitment to supporting and empowering nurses who continue to serve humanity with compassion, courage, and care.
12, May 2026
Recast Names Intune and Configuration Manager Expert Shanmugam Senthil as Senior Director of Engineering
MINNEAPOLIS—May 12, 2026—Recast, a leader in modern application and endpoint management, today announced that Shanmugam Senthil has joined the company as Senior Director of Engineering and India Site Leader. Based in Bangalore, Senthil will help establish Recast’s India presence and strengthen the company’s engineering organization to support continued growth. His combination of Microsoft platform expertise and technology leadership experience gives Recast added depth as it evolves its capabilities to help customers manage and secure complex IT environments.
A 30-year technology industry veteran, Senthil has built and led engineering teams at Microsoft, Yahoo!, Samsung, and Sun Microsystems. During his decade at Microsoft, he led engineering teams responsible for evolving core endpoint management capabilities within Intune and ConfigMgr. That experience aligns closely with Recast’s mission and product direction as organizations look for more effective ways to manage, secure, and optimize endpoints across hybrid and cloud environments.
In his new role, Senthil will help shape the structure, culture, and daily operations in India. He will also collaborate closely with Recast’s global engineering and product teams to expand the company’s capabilities in support of its long-term product strategy.
“Senthil brings a strong leadership philosophy and tremendous experience with Microsoft Intune and ConfigMgr,” said Will Teevan, CEO, Recast. “This is exactly the kind of expertise Recast needs to accelerate innovation and deliver greater value to our customers.”
“I’m excited to join Recast at such an important stage in the company’s growth,” said Senthil. “Recast has a clear mission, notable product alignment with the needs of modern IT teams, and a meaningful opportunity to expand its engineering presence in India. I look forward to working with teams across the company to help build a solid foundation for growth, execution, and new advances.”
