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Real AI B.V. and Progressio Solutions Join Forces to Revolutionize AI in MENA Region

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During the Invest EU Egypt Conference, inaugurated by the European Commission’s H.E. President Ursula von der Leyen and H.H. President Sisi in Cairo, Egypt, on Thursday, 29th June 2024, it was announced that Real AI has entered into a strategic partnership with Progressio Solutions.

ASSEN, Netherlands, July 11, 2024 /PRNewswire-PRWeb/ — During the Invest EU Egypt Conference, inaugurated by the European Commission’s H.E. President Ursula von der Leyen and H.H. President Sisi in Cairo, Egypt, on Thursday, 29th June 2024, it was announced that Real AI has entered into a strategic partnership with Progressio Solutions.

Real AI B.V., a leading AI company based in the Netherlands, and Progressio Solutions, a premier R&D, Consulting and Design powerhouse in Cairo, Egypt, announced today a strategic partnership aimed at transforming the AI landscape across the Middle East and North Africa (MENA) region.

This groundbreaking collaboration will combine Real AI B.V.’s cutting-edge AI technologies with Progressio Solutions’ deep regional expertise and robust Research &Development capabilities. The partnership is set to accelerate AI innovation and adoption in key markets including Egypt, United Arab Emirates (UAE), Kingdom of Saudi Arabia (KSA), Oman, and Qatar.

“Real AI B.V. and Progressio Solutions have joined forces to create an AI powerhouse that will not only advance the Egyptian AI ecosystem, but also serve the broader MENA market with unprecedented capabilities,” said Tarry Singh, CEO of Real AI B.V. “By leveraging our joint strengths, we’re poised to deliver groundbreaking AI solutions in Robotics, AR/VR, and especially in the rapidly evolving field of Generative AI.”

The alliance will focus on bringing secure, private, and localized Generative AI solutions to both institutional and commercial clients across the region. This initiative builds on Real AI B.V.’s recent announcement of developing Europe’s premier open-source, human-centric large language model (LLM), ensuring that cutting-edge AI technologies are tailored to meet the specific needs and regulatory requirements of the MENA region.

Yoeil Ashraf, CEO of Progressio Solutions, added, “This collaboration marks a significant milestone in the MENA region’s AI journey. By combining Progressio’s deep understanding of local markets with Real AI B.V.’s advanced AI platforms, we’re set to unlock unprecedented value for our clients and partners across various sectors. This partnership will also allow us to expand our R&D capabilities in Egypt and the Middle East, driven by Egyptians for Egyptians, thereby enhancing our service offerings throughout the region.”

The partnership aims to:

Establish a center of excellence for AI research and development in Cairo, fostering local talent and innovation.Develop and deploy custom AI solutions for key industries including finance, healthcare, and government services.Launch a series of AI-powered products specifically designed for the MENA market, with a focus on Arabic language processing and cultural adaptation.Provide comprehensive AI consulting and implementation services to businesses and organizations across the region.

With ambitious growth plans, the partnership expects to double its AI-related revenues in the MENA region within the next three years and help create over 500 high-skilled jobs directly from this partnership in AI and related fields as well as impact One Million Egyptians through our capacity building and community programs.

“Our vision is to position the MENA region as a global AI hub,” continued Tarry Singh of Real AI B.V. “By bringing our European-built, secure, and ethical AI technologies to the region and combining them with Progressio’s local insights, we’re not just serving the market – we’re actively shaping the future of AI in this dynamic part of the world.”

This strategic alliance between Real AI B.V. and Progressio Solutions represents a significant step forward in bringing advanced, responsible AI technologies to the MENA region, promising to drive innovation, economic growth, and technological advancement across multiple sectors.

About REAL AI B.V.

REAL AI is dedicated to developing innovative solutions and products across various sectors, including healthcare, energy, environment, education, banking, and services. The company’s focus on simplifying AI enables clients to assess, transform, and grow their data assets. The company incubates projects to revolutionize industry verticals with transformative, explainable, and impactful AI, having conducted EU-funded projects in Healthcare, Ethics and Energy. Among its notable endeavors is “Project Hominis” focuses on developing a human-centric, bias-free multi-verse model to enable equitable participation in society, exemplifying their commitment to ethical and explainable AI

About Progressio Solutions

Progressio Solutions is a tech R&D company committed to transforming the region’s technological landscape one product at a time. The company envisions a future where the Middle East is a hub of self-sufficiency, renowned for its exceptional products and cutting-edge scientific advancements. Powered by its Tech, Creative, and Consulting Houses, Progressio operates horizontally across various technologies, and its innovative solutions span industries such as healthcare, education, and supply chain. Currently, Progressio is intensively focusing on AI with its forthcoming initiative, ‘Project AI/AR,’ which aims to combine AI and AR to deliver transformative solutions not only for the Middle East but for the global market.

For more information on Real AI B.V., please visit https://www.realai.eu. If you would like to know more about the project, please visit https://hominis.io. And for more information on Progressio solutions, please visit https://progressiosolutions.com/

Editorial note: for more information, please contact CEO / Founder Tarry Singh at +31 850606349 or tarry.singh@deepkapha.com

Media Contact

Tarry Singh, REAL AI, 31 850606349, tarry.singh@deepkapha.com, https://deepkapha.com/

View original content:https://www.prweb.com/releases/real-ai-bv-and-progressio-solutions-join-forces-to-revolutionize-ai-in-mena-region-302193321.html

SOURCE REAL AI

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TiTE x IHT 2026: The Definitive Hub for Taiwan’s Hardware Manufacturing Excellence

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TAICHUNG, May 6, 2026 /PRNewswire/ — When sourcing from Taiwan, location is the ultimate strategic advantage. Don’t be misled by smaller, general trade shows held in city centers like Taipei. To truly connect with the source, you must go where the products are born. TiTE x IHT (Oct 20-22, 2026) in Taichung is the undisputed largest and most vital hardware industrial expo on the island. Hosted directly in the heart of Taiwan’s precision manufacturing cluster, this event features 1,000+ booths and 500+ top-tier manufacturers, offering a scale and industrial depth that no other exhibition can replicate.

Why Global Buyers Choose the Taichung Source Over Urban Trade Shows:

The Revolutionary “Exhibition as Factory” Model: Taichung is the global epicenter for hardware, home to 70% of Taiwan’s industry output. Our unique location enables the “30-Minute Sourcing Circle.” This allows you to verify high-end samples on the show floor in the morning and audit world-class production lines by the afternoon. By eliminating the travel gap between the booth and the factory, we reduce traditional procurement cycles from weeks to hours, providing unmatched transparency for R&D, capacity assessment, and quality control.ESG & CBAM Compliance for Western Markets: As the EU’s Carbon Border Adjustment Mechanism (CBAM) and global ESG mandates reshape trade, our exhibitors are already ahead of the curve. Discover CBAM-ready solutions and green manufacturing processes specifically designed to meet the strict sustainability requirements of the European and American markets. We provide more than just tools; we provide carbon-footprint-managed resilience for your brand.AI-Driven Smart Manufacturing: Address global labor shortages and rising costs with Taiwan’s latest innovations. The 2026 expo focuses on “AI Empowerment,” showcasing collaborative robotics, automated digital inspection, and data-driven supply chain management. These technologies ensure lead-time stability and high-precision consistency for premium global brand owners.Direct Sourcing & Global Matchmaking: Skip the middlemen and trading agencies. Our “Global Buyer Day” offers exclusive, pre-arranged matchmaking with the actual OEMs/ODMs. This is the primary decision-making platform for major distributors seeking resilient, direct-to-factory partnerships that guarantee the best pricing and priority production slots.

Experience the synergy of smart manufacturing and global trade. Stop at the source—where the world’s hardware is actually built. Secure your competitive edge in the true heart of the industry.

【TiTE x IHT】

Date: October 20-22, 2026Venue: TICEC, Taichung, TaiwanRegister Now: https://accu.ps/g8MZ1SHousing Subsidy: https://forms.gle/34VHVxSrEw7g8GxDAOfficial Website: https://www.hardwareexpotw.com

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SOURCE TiTE x IHT

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KIST Accelerates U.S. Expansion of Quantum Deep-Tech Startups Through SelectUSA 2026

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SEOUL, South Korea, May 5, 2026 /PRNewswire/ — The Korea Institute of Science and Technology (KIST) President Oh Sang-rok announced that it will participate in the SelectUSA Investment Summit 2026 as part of a Korean delegation, together with quantum technology startups supported by the Ministry of SMEs and Startups under the Deeptech Project (DIPS).

The initiative, supported by South Korea’s Ministry of SMEs and Startups (MSS), is part of the government’s “Deeptech Incubator Project for Startups” (DIPS) initiative, which aims to nurture globally competitive deep-tech ventures.

KIST, which serves as the lead institution for the quantum technology sector under the program, said it will oversee the global commercialization efforts of participating firms. In particular, the “Global Bridge Program,” jointly developed with the U.S. Embassy in Korea in September 2025, is an official program designed to generate tangible overseas expansion outcomes by linking investment attraction with local market entry through diplomatic channels.

Organized by the U.S. Department of Commerce, the SelectUSA Investment Summit is the largest investment promotion event in the US, connecting international startups with venture capital firms, corporate investors and state-level economic development agencies.

It serves as an execution-oriented platform that extends to investment, corporate establishment, site selection, and tax incentives, and is considered a key entry gateway for deep-tech companies, including those in quantum technology.

KIST said participation in the summit is particularly significant for deep-tech sectors such as quantum technology, where access to the US innovation ecosystem is seen as key to growth.

The program is conducted in two stages. From April 30 to May 1, companies took part in a spin-off program hosted by the State of Maryland, which included visits to research institutions and tours of the regional quantum technology ecosystem.

During this period, the delegation also conducted localized activities with the Maryland state government and its economic development agencies, focusing on investment attraction, corporate collaboration, and joint R&D. In addition, on May 5, the delegation held discussions with U.S. Department of Commerce Deputy Secretary William Kimmitt on potential areas of cooperation.

The delegation will also meet officials from Fairfax County Government to explore collaboration and investment opportunities.

The main summit, currently ongoing from May 3 to May 6, features exhibitions, pitching sessions and meetings with US state representatives, with participating firms expected to engage in discussions on investment and market entry.

The delegation is structured to encompass the entire quantum industry rather than a single technology domain.

The Korean delegation comprises five startups, alongside Kyung Hee University Department of Future Science & Technology Commercialization Policy and Entrepreneurship, with approximately 20 participants forming an integrated ecosystem that combines research institutes, academia, and startups, enabling a full-cycle support system from technology validation to commercialization and global expansion.

One of the firms, OptiQ-Labs, was selected for an official pitching session on May 4, where it presented its laser-based optical modules designed for ion-trap quantum computing systems.

This highly competitive program selects only around 100 companies from more than 20,000 applicants worldwide. If selected as the winner of the pitching session, the company will receive follow-up meetings with U.S. state governments and economic development agencies, access to global investor networks, support for local entity establishment, and connections to site selection and tax incentive programs.

Other participating companies include QUAD, which develops single-photon detection technology; SLEEX, focused on underwater sensing; Elixir (StatUp AI), which works on quantum-classical hybrid algorithms for healthcare; and SQK (QMEDIC), specializing in physics-based imaging solutions.

KIST Project Director, Kang Sunjoon, said, “This program represents a critical milestone for Korean quantum startups to directly connect with global investors and industry ecosystems. Via the DIPS program, we are actively promoting the global commercialization of quantum technologies.”

Through its participation in SelectUSA, KIST has established a package-type global expansion model that integrates technology validation, investment attraction, and U.S. market entry.

The summit serves as a turning point for South Korea’s quantum sector, enabling startups to move into the next phase of validation, investment, and overseas expansion.

For more information, visit https://eng.kist.re.kr/.

About KIST 

KIST was established in 1966 as the first government-funded research institute in South Korea. KIST now strives to solve national and social challenges and secure growth engines through leading and innovative research.

About Participating Quantum Startups

QUAD, led by Chief Executive Officer, Oh Byung-doo, develops quantum sensing technologies based on superconducting nanowire single-photon detectors (SNSPDs), offering high sensitivity and precision with applications spanning quantum communication, quantum computing, semiconductor inspection, and defense.

SLEEX is developing an advanced perception technology that combines quantum LiDAR and electric field sensing to overcome limitations of existing underwater sensors, particularly by eliminating blind zones within the 0–2 meter range, with strong potential in autonomous navigation, maritime security, and defense, with Lee Jeho at the helm as Chief Executive Officer.  (https://www.thesleex.com)

Elixir, headed by Chief Executive Officer Jang Jung-kwon, develops a drug discovery and biomarker analysis platform based on quantum-classical hybrid algorithms, targeting the precision medicine market through the integration of bioinformatics and quantum machine learning. (statupai.com)

SQK develops medical imaging AI based on quantum-physics constraints, addressing the hallucination issues of conventional AI by ensuring physical consistency in CT and MRI reconstruction. Under the leadership of Chief Executive Officer Kim Yoon-hak, SQK is improving reliability and reducing the need for re-scans in clinical settings. (www.sqkcloud.com)

View original content to download multimedia:https://www.prnewswire.com/news-releases/kist-accelerates-us-expansion-of-quantum-deep-tech-startups-through-selectusa-2026-302763636.html

SOURCE The Korea Institute of Science and Technology (KIST)

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Former Visa Asia Pacific Executive David Tay Joins YeahPay as Global Vice President

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SINGAPORE, May 6, 2026 /PRNewswire/ — YeahPay, the international payment brand under YEAHKA (9923.HK), has appointed David Tay, a former senior executive at Visa Asia Pacific, as Global Vice President, tasking him with overseeing the strategic direction and product ecosystem development of YEAHKA’s overseas payment business. The appointment comes as global digital trade enters a new phase defined by ecosystem integration, with payment infrastructure undergoing a generational shift in acceleration.

David Tay, a Singaporean national, is a rising leader in the payments industry. During his career at Visa, David played a key role in driving business growth across multiple Southeast Asian markets, demonstrating early promise in commercial insight and innovation. He subsequently moved into Visa’s Innovation division, where he rose to serve as Head of Innovation, leading Visa Pacific’s product innovation and new business.

In that capacity, David led the commercialization of cutting-edge payment paradigms including Visa Flex Credential and Pay by Palm. He was also involved in the evaluation and governance of strategic partners across the region, accumulating deep expertise in collaborating with banks, fintechs, and large-scale enterprise merchants.

David’s track record spans the full go-to-market lifecycle, from concept to pilot to scale, as well as deep capabilities in cross-institutional partnerships and ecosystem development. His appointment comes at an inflection point for YEAHKA’s international expansion. According to YEAHKA’s 2025 annual report, its overseas business delivered full-year Gross Payment Volume (GPV) surpassing RMB 5 billion, representing a 323.3% year-on-year surge from RMB 1.1 billion in 2024.

View original content:https://www.prnewswire.com/apac/news-releases/former-visa-asia-pacific-executive-david-tay-joins-yeahpay-as-global-vice-president-302763652.html

SOURCE Yeahka

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