Strategic agreement establishes a comprehensive framework to test, demonstrate, and practically deploy humanoid robotic systems across industrial, commercial service, elderly care, and cultural tourism scenarios in Ras Al Khaimah.  Partnership explores the launch of a dedicated Humanoid Robotics Climate Research Initiative, leveraging Ras Al Khaimah as a platform to develop high-end technologies for the broader Gulf region. Collaboration reinforces the Emirate’s position as an agile, real-world sandbox for high technology and gateway for Chinese technology pioneers scaling globally.

SHENZHEN, China, Oct. 19, 2026 /PRNewswire/ — His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, witnessed the signing of a strategic Memorandum of Understanding (MoU) between the International Relations Office of the Government of Ras Al Khaimah and UBTECH Robotics Limited. The agreement was officially signed by Ms. Alma Au Yeung, Greater China Affairs Advisor at the Office of the Ruler of Ras Al Khaimah, and Ms. Claudia Chen, Overseas Sales Director of UBTECH Robotics, and marked the start of a week-long official visit across South China aimed at strengthening bilateral ties in technology, investment, innovation, and trade.

Established in Shenzhen in 2012 and listed on the Hong Kong Stock Exchange, UBTECH Robotics is a pioneering global leader in humanoid artificial intelligence and robotics. The agreement establishes a framework for collaborative advanced research, live field testing, and operational deployment of humanoid robotic systems in the Emirate. Under the MoU, the parties will explore the feasibility of establishing the Ras Al Khaimah Humanoid Robotics Climate Research Initiative, leveraging the Emirate’s distinct environmental and operating conditions to validate robotic performance for the UAE and the wider Gulf region.

Under the partnership, UBTECH Robotics will deploy its humanoid robots and specialized engineering teams directly into Ras Al Khaimah to launch live demonstration projects. By testing intelligent automation in day-to-day operations and demanding environments, the initiative will generate vital performance data, further advancing high-tech R&D in the Emirate and expanding the UAE’s robotics ecosystem.

Initial applications will test humanoid systems in complex operational environments, spanning automated industrial assembly, intelligent public-facing services, AI-assisted elder care, and cultural spaces. To support these trials, Ras Al Khaimah will provide a live testing sandbox and progressive regulatory frameworks connecting research institutions with industry, complemented by UBTECH’s robotic platforms, technical infrastructure, and advanced research capabilities.

Ms. Alma Au Yeung, Greater China Affairs Advisor at the Office of the Ruler of Ras Al Khaimah, said of the signing: “It is a great honor to have His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, witness the signing of this strategic agreement during our visit to UBTECH Robotics. This collaboration represents a meaningful step forward in Ras Al Khaimah’s journey toward a knowledge-based economy. By bridging world-class technology with local application, we are co-creating solutions that deliver lasting value for our community, our commercial sectors, and the wider UAE.”

Ms. Claudia Chen, Overseas Sales Director of UBTECH Robotics, stated: “It is a privilege to formalize our partnership with the Emirate of Ras Al Khaimah. By combining cutting-edge humanoid robotics research and development with dedicated industry talent development, UBTECH aims to accelerate the region’s industrial modernization. Together, we look forward to playing an active role in Ras Al Khaimah’s economic transition and supporting long-term technological progress across the UAE.”

The initiative further reinforces Ras Al Khaimah’s commitment to sustainable technological adoption and economic diversification, positioning the Emirate as an agile living laboratory for pioneering global enterprises.

*ENDS*

About His Highness Sheikh Saud

His Highness Sheikh Saud bin Saqr Al Qasimi is a UAE Supreme Council Member and Ruler of Ras Al Khaimah (RAK). Born in Dubai in 1956, he was educated in Ras Al Khaimah before attending the American University of Beirut. He later moved to the University of Michigan, graduating with an Economics Degree.

He returned home in 1978 and was appointed Chief of the Ruler’s Court before becoming Chairman of Ras Al Khaimah Municipal Council in 1986. In this period, HH Sheikh Saud founded RAK Ceramics and restructured Julphar Pharmaceuticals and Stevin Rock to ensure both became the industry leaders they are today. 

HH Sheikh Saud was named Crown Prince of Ras Al Khaimah on 14 June 2003. In this role he oversaw the introduction of free zones, efficient business licensing procedures and offshore corporate registration.

On 27 October 2010, after the passing of his father H.H. Sheikh Saqr (May he rest in Peace), HH Sheikh Saud became the Ruler of Ras Al Khaimah. As Ruler, he has continued to expand and diversify Ras Al Khaimah’s economic base and improve the quality of its social services, while working hard to make high-quality education and healthcare services available to all the Emirate’s population.

HH Sheikh Saud received an Honorary Doctorate from the University of Bolton, UK, in 2010; an Honorary Fellowship of the Jawaharlal Nehru Centre for Advanced Scientific Research in India, in 2013; and an Honorary Doctorate Degree in Economics from Incheon National University, South Korea, in 2018, a year in which he was also named Visionary Leader of the Year by Arabian Business.

About Ras Al Khaimah

Ras Al Khaimah (RAK), the fourth largest Emirate in the UAE, is known for its nature, rich history and progressive vision under HH Sheikh Saud bin Saqr Al Qasimi. Committed to sustainable development, economic prosperity, social development and innovation, RAK is an ideal place to live, work and invest. 

Strategically located – with one third of the world’s population within a four-hour flight – RAK is a gateway to the Middle East and beyond. Its economy is diverse, with no sector accounting for more than 27% of GDP. The Emirate offers a business-friendly environment with competitive operating costs, 100% foreign ownership, zero income tax and low corporate tax. It is home to over 73,000 companies, with RAKEZ and Innovation City supporting growth across industrial, manufacturing and digital sectors, backed by a future-focused economy validated by ‘A’ range credit ratings since 2008.

Its 0.4 million population comprises 150+ nationalities, each appreciating RAK’s high quality of life and accessible luxury living. Its bold hospitality projects involve luxury global brands, such as Wynn, Four Seasons, Nobu, Waldorf Astoria and Ritz-Carlton. RAK Central will redefine the commercial and residential landscape, while RAK’s the Emirate’s natural beauty (UAE’s highest mountain, beaches and deserts) and rich heritage further enhance its appeal.

With year-round sunshine, simple business set-up, a competitive cost of living and great lifestyle, Ras Al Khaimah offers limitless opportunities.    

www.rakmediaoffice.ae | Facebook | X | Instagram | LinkedIn | YouTube

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/government-of-ras-al-khaimah-and-ubtech-robotics-sign-strategic-mou-to-advance-humanoid-robotics-research-and-climate-testing-302912145.html

SOURCE Government of Ras Al Khaimah

Strategic agreement establishes a comprehensive framework to test, demonstrate, and practically deploy humanoid robotic systems across industrial, commercial service, elderly care, and cultural tourism scenarios in Ras Al Khaimah.  Partnership explores the launch of a dedicated Humanoid Robotics Climate Research Initiative, leveraging Ras Al Khaimah as a platform to develop high-end technologies for the broader Gulf region. Collaboration reinforces the Emirate’s position as an agile, real-world sandbox for high technology and gateway for Chinese technology pioneers scaling globally.

SHENZHEN, China, Oct. 19, 2026 /PRNewswire/ — His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, witnessed the signing of a strategic Memorandum of Understanding (MoU) between the International Relations Office of the Government of Ras Al Khaimah and UBTECH Robotics Limited. The agreement was officially signed by Ms. Alma Au Yeung, Greater China Affairs Advisor at the Office of the Ruler of Ras Al Khaimah, and Ms. Claudia Chen, Overseas Sales Director of UBTECH Robotics, and marked the start of a week-long official visit across South China aimed at strengthening bilateral ties in technology, investment, innovation, and trade.

Established in Shenzhen in 2012 and listed on the Hong Kong Stock Exchange, UBTECH Robotics is a pioneering global leader in humanoid artificial intelligence and robotics. The agreement establishes a framework for collaborative advanced research, live field testing, and operational deployment of humanoid robotic systems in the Emirate. Under the MoU, the parties will explore the feasibility of establishing the Ras Al Khaimah Humanoid Robotics Climate Research Initiative, leveraging the Emirate’s distinct environmental and operating conditions to validate robotic performance for the UAE and the wider Gulf region.

Under the partnership, UBTECH Robotics will deploy its humanoid robots and specialized engineering teams directly into Ras Al Khaimah to launch live demonstration projects. By testing intelligent automation in day-to-day operations and demanding environments, the initiative will generate vital performance data, further advancing high-tech R&D in the Emirate and expanding the UAE’s robotics ecosystem.

Initial applications will test humanoid systems in complex operational environments, spanning automated industrial assembly, intelligent public-facing services, AI-assisted elder care, and cultural spaces. To support these trials, Ras Al Khaimah will provide a live testing sandbox and progressive regulatory frameworks connecting research institutions with industry, complemented by UBTECH’s robotic platforms, technical infrastructure, and advanced research capabilities.

Ms. Alma Au Yeung, Greater China Affairs Advisor at the Office of the Ruler of Ras Al Khaimah, said of the signing: “It is a great honor to have His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, witness the signing of this strategic agreement during our visit to UBTECH Robotics. This collaboration represents a meaningful step forward in Ras Al Khaimah’s journey toward a knowledge-based economy. By bridging world-class technology with local application, we are co-creating solutions that deliver lasting value for our community, our commercial sectors, and the wider UAE.”

Ms. Claudia Chen, Overseas Sales Director of UBTECH Robotics, stated: “It is a privilege to formalize our partnership with the Emirate of Ras Al Khaimah. By combining cutting-edge humanoid robotics research and development with dedicated industry talent development, UBTECH aims to accelerate the region’s industrial modernization. Together, we look forward to playing an active role in Ras Al Khaimah’s economic transition and supporting long-term technological progress across the UAE.”

The initiative further reinforces Ras Al Khaimah’s commitment to sustainable technological adoption and economic diversification, positioning the Emirate as an agile living laboratory for pioneering global enterprises.

*ENDS*

About His Highness Sheikh Saud

His Highness Sheikh Saud bin Saqr Al Qasimi is a UAE Supreme Council Member and Ruler of Ras Al Khaimah (RAK). Born in Dubai in 1956, he was educated in Ras Al Khaimah before attending the American University of Beirut. He later moved to the University of Michigan, graduating with an Economics Degree.

He returned home in 1978 and was appointed Chief of the Ruler’s Court before becoming Chairman of Ras Al Khaimah Municipal Council in 1986. In this period, HH Sheikh Saud founded RAK Ceramics and restructured Julphar Pharmaceuticals and Stevin Rock to ensure both became the industry leaders they are today. 

HH Sheikh Saud was named Crown Prince of Ras Al Khaimah on 14 June 2003. In this role he oversaw the introduction of free zones, efficient business licensing procedures and offshore corporate registration.

On 27 October 2010, after the passing of his father H.H. Sheikh Saqr (May he rest in Peace), HH Sheikh Saud became the Ruler of Ras Al Khaimah. As Ruler, he has continued to expand and diversify Ras Al Khaimah’s economic base and improve the quality of its social services, while working hard to make high-quality education and healthcare services available to all the Emirate’s population.

HH Sheikh Saud received an Honorary Doctorate from the University of Bolton, UK, in 2010; an Honorary Fellowship of the Jawaharlal Nehru Centre for Advanced Scientific Research in India, in 2013; and an Honorary Doctorate Degree in Economics from Incheon National University, South Korea, in 2018, a year in which he was also named Visionary Leader of the Year by Arabian Business.

About Ras Al Khaimah

Ras Al Khaimah (RAK), the fourth largest Emirate in the UAE, is known for its nature, rich history and progressive vision under HH Sheikh Saud bin Saqr Al Qasimi. Committed to sustainable development, economic prosperity, social development and innovation, RAK is an ideal place to live, work and invest. 

Strategically located – with one third of the world’s population within a four-hour flight – RAK is a gateway to the Middle East and beyond. Its economy is diverse, with no sector accounting for more than 27% of GDP. The Emirate offers a business-friendly environment with competitive operating costs, 100% foreign ownership, zero income tax and low corporate tax. It is home to over 73,000 companies, with RAKEZ and Innovation City supporting growth across industrial, manufacturing and digital sectors, backed by a future-focused economy validated by ‘A’ range credit ratings since 2008.

Its 0.4 million population comprises 150+ nationalities, each appreciating RAK’s high quality of life and accessible luxury living. Its bold hospitality projects involve luxury global brands, such as Wynn, Four Seasons, Nobu, Waldorf Astoria and Ritz-Carlton. RAK Central will redefine the commercial and residential landscape, while RAK’s the Emirate’s natural beauty (UAE’s highest mountain, beaches and deserts) and rich heritage further enhance its appeal.

With year-round sunshine, simple business set-up, a competitive cost of living and great lifestyle, Ras Al Khaimah offers limitless opportunities.    

www.rakmediaoffice.ae | Facebook | X | Instagram | LinkedIn | YouTube

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/government-of-ras-al-khaimah-and-ubtech-robotics-sign-strategic-mou-to-advance-humanoid-robotics-research-and-climate-testing-302912145.html

SOURCE Government of Ras Al Khaimah

Edvance and CWG open RealRelay’s third vertical, bringing tested and rated AI agents to finance as MAS sets out how AI in the sector should be governed.

SINGAPORE, Oct. 19, 2026 /PRNewswire/ — On Oct. 17, Edvance International Holdings Limited (HKEX: 1410) (“Edvance”), through its wholly-owned Singapore subsidiary Paradise Matrix Pte. Ltd., and CWG Innovations Pte. Ltd. (“CWG”) today launched RealRelay Fintech, the third vertical on RealRelay.ai, the platform on which organisations build, test and run AI agents without writing code. The launch took place at a one-day youth AI event at Suntec Convention Centre, co-organised by the Digital Defence Alliance Singapore (DDAS) and CWG with the support of the National Youth Council (NYC).

The event was conceptualised, planned and developed by Mr Aaron Ang (linkedin.com/in/aaronangsg), Chief Commercial Officer of CWG, who leads the RealRelay project. Mr Ang built the day around one challenge. Participants were handed a simulated fraud case and asked to use agentic AI to find out what had happened. Within hours they had worked through tens of thousands of transaction records, traced the money, flagged the entries that did not add up and shown how they got there. The same job, done by hand, would take an audit team weeks. The event was graced by Mr Ong Kah Kuang, Assistant Chief Executive of the National Youth Council.

That is what RealRelay Fintech sets out to do. Work that is slow, manual and easy to get wrong, such as reconciling accounts, checking documents and finding the one record in a million that should not be there, becomes something an agent on the platform does accurately, in hours, with every step on record. Fraud detection is the clearest example, and it is where the fintech vertical begins. In finance, though, a fast answer counts for nothing unless the institution can trust it.

Trust comes first

Finance is the sector where trust in AI matters most, and Singapore has moved first. On 7 October the Monetary Authority of Singapore (MAS) issued its Guidelines on AI Risk Management. They cover every financial institution and every form of AI, agents included. Boards are expected to oversee AI risk, keep an inventory of each AI use, manage third-party AI and control the whole life cycle, from testing to monitoring. The guidelines take effect in October 2027. In August, MAS also committed S$220 million under FSTI 4.0 to get AI into the sector faster, including an AI Pathfinder track for solutions listed on PathFin.ai.

Every agent on RealRelay passes through the Trust and Control Layer. The platform’s own security agent tests it before it goes live and tests it again each time it changes. Permissions, logging, retention and access are controlled centrally, and every agent carries a risk rating that covers the data it can touch, the actions it can take and how it behaved under test. That rating, the agent inventory and the full log are the same things MAS now asks financial institutions to keep. The Trust and Control Layer draws on Edvance’s more than 20 years in cybersecurity.

Asked what the launch represents, Mr Ang said:

“Singapore has been clear about how it wants AI to enter finance. Innovate, but with trust and control in place from the start. We believe that is the next phase of fintech, and we built RealRelay Fintech on exactly that principle. The Trust and Control Layer is the foundation of the platform. Every agent is tested before it goes live, and the institution keeps full control over what it can see and do. When people can see that, they stop hesitating. That is how banks, funds and founders will actually put AI to work, and that is what we are here to make possible.”

What RealRelay Fintech does

At launch the vertical covers four areas of work.

Research and analysis. Agents that read filings, news and market data, run scenarios and produce forecasts with the reasoning shown.

Decision documents. Credit memos, investment committee packs, portfolio risk briefs and client review notes, drafted from a firm’s own data and templates.

Fraud, compliance and document checks. Agents that reconcile transactions, flag anomalies, check onboarding documents against policy and keep a record of every check.

Learning. A guided track for students and new joiners, using the same tools professionals use, at a price a student can afford.

Institutional deployments, including Singapore-hosted and on-premises options, are available on request.

Three verticals, one platform

RealRelay has two layers sitting on a Trust and Control Layer. The Token Exchange launched on 30 September 2026 and puts more than 300 mainstream AI models behind one subscription, routing each task to a suitable model at a lower cost than buying them separately. The Agentic Layer sits on top. Users describe what they need in plain language, assemble an agent from ready-made modules, test it and deploy it in one click, with no code. Three verticals run on these layers: education, cybersecurity and now fintech.

Education came first, and it is where the platform found its first users. At the APEX Bootcamp in September, students and young working adults with no technical background built working agents in two days. Interest from educational institutions has followed, and CWG is finalising details with these institutions to provide RealRelay and the full AI ecosystem around it to their students. Fintech now follows the same path, on the same layers and under the same controls.

What comes next

RealRelay Fintech will run a series of masterclasses in parallel with the Singapore FinTech Festival from 18 to 20 November 2026, and CWG is preparing its listing on PathFin.ai. Over 2027, the Trust and Control Layer will be mapped to the MAS guidelines so that an institution can take an agent’s test record straight into its own risk assessment. Agents built to individual institutions’ own policies and templates will follow.

For Edvance, fintech opens a subscription market where the buyers are large, regulated, and now required to show trust and control over the AI they use. Edvance is responsible for commercialising the platform and holds the intellectual property in its cybersecurity agents. The platform is owned and operated from Singapore, and the two companies are preparing to take it global, with partner talks under way and expansion plans already in place.

About Edvance International Holdings Limited

Edvance International Holdings Limited (HKEX: 1410) is a Hong Kong-headquartered value-added distributor of cybersecurity products and provider of cybersecurity services, with more than 20 years of experience in the market. Paradise Matrix Pte. Ltd. is Edvance’s wholly-owned subsidiary in Singapore. For more information, visit https://www.paradisematrix.sg.

About CWG Innovations Pte. Ltd.

CWG Innovations Pte. Ltd. is a Singapore company focused on AI solutions development and enterprise AI deployment. CWG is the operator of RealRelay.ai. For more information, visit https://www.cwgsg.ai.

View original content:https://www.prnewswire.com/apac/news-releases/edvance-and-cwg-launch-realrelay-fintech-ai-agents-for-finance-with-trust-built-first-302911986.html

SOURCE CWG Innovations; Edvance International Holdings Limited; RealRelay