Technology
ENERtec Asia and ETCon26 Unite to Power Malaysia’s Energy & AI Transition
Published
3 months agoon
By
Co-located platform connects policy, utility strategy, and AI-enabled technologies to accelerate real-world deployment from 3–5 June 2026 at KLCC.
KUALA LUMPUR, Malaysia, May 12, 2026 /PRNewswire/ — ENERtec Asia 2026, ASEAN’s premium energy technology exhibition organised by Informa Markets and co-hosted by The Electrical and Electronics Association of Malaysia (TEEAM), announced a strategic collaboration with The Energy Transition Conference 2026 (ETCon26), powered by Tenaga Nasional Berhad (TNB). The partnership establishes an integrated energy transition execution platform, connecting national policy, utility strategy, technology innovation, capital, and real-world deployment.
Malaysia has entered a decisive implementation phase since National Energy Transition Roadmap kick-started in year 2023, alongside the rollout of utility-scale Battery Energy Storage Systems (BESS), nationwide EV charging infrastructure, smart grid and ASEAN Power Grid Interconnection, and the rapid growth of AI-driven data centres. As a result, the nation’s energy transition has moved from planning to active delivery. The ENERtec Asia–ETCon26 alliance responds to this shift by providing a single, integrated platform that transforms policy ambition into investment-ready opportunities and deployable solutions.
Taking place from 3–5 June 2026 at the Kuala Lumpur Convention Centre (KLCC), the co-located events will convene more than 12,000 policymakers, utilities, technology providers, industrial energy users, investors, and innovators from over 60 countries, offering a seamless pipeline from regulation and utility roadmap to solution showcase, financing, and project execution.
ENERtec Asia 2026 will serve as the market-facing engine of the collaboration, showcasing next-generation technologies across grid modernisation, renewable energy integration with BESS, industrial energy efficiency, decarbonisation solutions, and the convergence of energy and artificial intelligence (AI). With over 1,000 exhibitors and 40+ conferences and technical seminars, the exhibition provides solution providers and developers direct access to buyers, utilities, and government stakeholders actively procuring for Malaysia’s net-zero pathway.
Complementing the exhibition, ETCon26 will deliver a high-level strategic conference under the theme “Energy & AI: The Synergy for Energy Transition”, anchored on three critical pillars:
Energy for AI – Building reliable, resilient power infrastructure to support Malaysia’s digital economy and data-centre growth.AI for Energy – Leveraging artificial intelligence to optimise grid operations, asset management, and decarbonisation.Energy Transition for People – Ensuring the transformation delivers inclusive, affordable, and equitable access nationwide.
Together, the partnership aims to bridge policy discussions with actionable solutions, connecting national priorities, utility-led planning, private-sector innovation, and investor engagement to support Malaysia’s energy transition goals.
“ENERtec Asia 2026 represents a pivotal moment for Southeast Asia’s energy transition. Together with TEEAM and TNB, we are creating an ecosystem where innovation is translated into implementation – enabling the market to move from ambition to action in support of ASEAN’s net-zero goals,” said Mr. Gerard Leeuwenburgh, Country General Manager, Informa Markets.
“As co-host of ENERtec Asia 2026, TEEAM regards this platform as a strategic extension of our mandate to strengthen Malaysia’s electrical and electronics ecosystem. By convening stakeholders across power generation, grid infrastructure, digital systems, and energy management, the event helps build the partnerships and technical competencies essential to delivering a secure, resilient, and sustainable national energy future,” said Mr. Albert Tan Tin Yau, President of TEEAM.
The ENERtec Asia 2026 and ETCon26 alliance offers participants privileged access to global thought leadership, AI-powered business matching, next-generation technologies, and exclusive engagement with government agencies, GLCs, and industry leaders – creating a one-stop platform to accelerate innovation, partnerships, and real-world energy deployment across Southeast Asia.
As Malaysia moves decisively from ambition to action, ENERtec Asia 2026 and ETCon26 provide the platform where policy, innovation, and commercialisation converge. Energy professionals, technology innovators, policymakers, and investors are invited to join this transformative gathering to advance a cleaner, smarter, and more resilient energy future.
For registration and full event details, visit www.enertecasia.com and www.the-etconference.com.
Follow our social media accounts for updates on ENERtec Asia 2026.
Facebook: https://www.facebook.com/enertecasia
LinkedIn: https://www.linkedin.com/company/enertecasia
Instagram: https://www.instagram.com/enertecasia
Notes to Editors
About ENERtec Asia
ENERtec Asia is ASEAN’s premium energy technology exhibition, organised by Informa Markets and co-hosted by The Electrical and Electronics Association of Malaysia (TEEAM). The event brings together solution providers, technology innovators, investors, and industry leaders to showcase next-generation energy solutions across renewable energy, grid modernisation, industrial energy efficiency, decarbonisation, and AI-enabled technologies. ENERtec Asia provides a platform for knowledge exchange, business development, and real-world deployment, accelerating sustainable and resilient energy transition across Southeast Asia. For more information, visit www.enertecasia.com.
About Informa Markets
Informa Markets creates platforms for industries and specialist markets to trade, innovate, and grow. Our portfolio comprises more than 450 international B2B events and brands in markets including Healthcare & Pharmaceuticals, Infrastructure, Construction & Real Estate, Fashion & Apparel, Hospitality, Food & Beverage, and Health & Nutrition, among others. We provide customers and partners around the globe with opportunities to engage, experience, and do business through face-to-face exhibitions, specialist digital content, and actionable data solutions. For more information, visit www.informamarkets.com.
About The Electrical and Electronics Association of Malaysia (TEEAM)
Established in 1952, TEEAM is the national trade body representing Malaysia’s electrical and electronics (E&E) industry. With over 1,800 member companies, TEEAM supports the sector’s growth by working closely with government ministries, statutory bodies, and industry stakeholders. The association is an appointed Standards Writing Organisation (SWO) and plays an active role in shaping national policies, technical regulations, and safety standards. For more information, visit www.teeam.org.my.
About Tenaga Nasional Berhad (TNB)
Tenaga Nasional Berhad (TNB) is Malaysia’s leading electricity utility and the largest publicly listed power company in Southeast Asia. Guided by its Energy Transition Plan and a commitment to achieve Net Zero emissions by 2050, TNB is advancing a “Grid of the Future” to support Malaysia’s digital and low-carbon economy. Through the integration of large-scale renewable energy, smart grid technologies, and EV infrastructure, TNB continues to power national and regional growth while driving the synergy between energy and artificial intelligence. For more information, visit www.tnb.com.my.
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SOURCE Informa Markets
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Technology
The Infrastructure Under America’s Busiest Spaceport Was Built for Another Era. New Legislation Would Let Private Companies Help Modernize It.
Published
32 minutes agoon
August 4, 2026By
Issued on behalf of Starfighters Space, Inc. (NYSE American: FJET)
CAPE CANAVERAL, Fla., Aug. 4, 2026 /PRNewswire/ — USA News Group News Commentary – As commercial space activity accelerates, the physical backbone of America’s spaceports, the roads, utilities, pipelines, and facilities that every mission depends on, is straining under demand it was never designed to carry. A new bipartisan-sponsored bill in Congress would create a framework to fix that by letting private companies voluntarily help modernize shared infrastructure at NASA centers, and one commercial operator at Kennedy Space Center has stepped forward to back it. Starfighters Space, Inc. (NYSE American: FJET), which operates the world’s only commercial fleet of flight-ready Mach 2+ supersonic aircraft, has announced its support for the Space Ready 2.0 Act, positioning the company within a policy conversation that also surrounds names like Rocket Lab (Nasdaq: RKLB), L3Harris (NYSE: LHX), Leidos (NYSE: LDOS), and Karman Holdings (NYSE: KRMN).
Key Takeaways
A commercial operator backs new spaceport legislation. Starfighters Space announced its support for the Space Ready 2.0 Act, introduced in the U.S. House as H.R. 9651 and in the U.S. Senate as S. 4905, which would let NASA work with public and private entities to improve shared infrastructure at NASA centers, including Kennedy Space Center.Private investment, no new federal spending. The proposed pilot program would enable voluntary private contributions toward eligible infrastructure projects without establishing a new federal spending program.The problem is real and growing. Kennedy Space Center has become a multi-user spaceport serving NASA, commercial launch providers, research organizations, and other government users, straining infrastructure built for an earlier era of spaceflight.Starfighters has a direct stake. The company has expanded its operations at Kennedy Space Center and relies on shared infrastructure to support its high-speed flight operations, space research, payload testing, and future air-launch development.A distinctive platform. Starfighters operates a fleet of F-104 aircraft capable of sustained Mach 2+ speeds, configurable for air-launched payloads, pilot training, and RDT&E across hypersonics, missile defense, microgravity science, and defense systems.
What the Legislation Would Do
Starfighters Space announced its support for the Space Ready 2.0 Act, introduced in the U.S. House of Representatives as H.R. 9651 by Congressman Mike Haridopolos and in the U.S. Senate as S. 4905 by Senator Ashley Moody. The proposed legislation would authorize NASA to establish a pilot program allowing the agency to work with public and private entities to improve shared infrastructure at NASA centers, including Kennedy Space Center. Crucially, the program would enable voluntary contributions toward eligible infrastructure projects without establishing a new federal spending program. Details are available through the company’s newsroom.
The mechanism is what makes the bill notable. Rather than appropriating new federal money, it would create a structure through which private companies that use and depend on spaceport infrastructure could voluntarily help fund its modernization. For an operator whose business relies on that infrastructure every day, that is not an abstract policy question; it is a practical framework for solving a problem the company encounters directly.
Why It Matters for the Spaceport, and for Starfighters
Kennedy Space Center has evolved from a NASA facility into a multi-user spaceport supporting NASA missions, commercial launch providers, space companies, research organizations, and other government users. As activity on the spaceport continues to increase, modern and resilient roads, utilities, pipelines, facilities, and other shared infrastructure are becoming increasingly important to mission readiness and operational reliability. The demands placed on that infrastructure today bear little resemblance to those of the Apollo or early Shuttle eras for which much of it was built.
Starfighters framed its support in exactly those operational terms. “As a commercial operator at Kennedy Space Center, we see firsthand how infrastructure built for an earlier era of spaceflight is now supporting a growing mix of government and commercial space operations,” said Tim Franta, CEO of Starfighters Space. “The Space Ready 2.0 Act would provide a practical framework for NASA and its commercial partners to work together to modernize the shared infrastructure on which their missions depend, without creating a new federal spending program. Maintaining modern and reliable spaceport infrastructure is essential to supporting continued growth on the Space Coast and preserving American leadership in space.”
The company’s stake is concrete. Starfighters Space has expanded its operations at Kennedy Space Center and relies on shared infrastructure to support its high-speed flight operations, space research, payload testing, and future air-launch development activities. In backing the legislation, Starfighters joins other commercial space companies and Space Coast stakeholders supporting the bill and its goal of enabling voluntary private-sector participation in infrastructure improvements that directly support NASA and commercial missions.
The Company Behind the Position
What gives Starfighters a distinctive voice in this conversation is its unusual platform. The company operates a fleet of F-104 aircraft based at NASA Kennedy Space Center in Florida and the Midland Air and Space Port in Texas, and describes itself as the only company in the world with the commercial capability to fly at sustained Mach 2+ speeds for a variety of aerospace applications. Those iconic F-104 jets are configurable as a platform for air-launched payloads, for training pilots, and to support research, development, test, and evaluation (RDT&E) for hypersonic technologies, missile defense systems, microgravity science, spaceflight hardware, advanced materials, and defense electronic systems.
That breadth is why infrastructure matters so directly to Starfighters. A company running high-speed flight operations, payload testing, and air-launch development is dependent on reliable runways, utilities, and facilities in a way a pure launch provider or a satellite operator may not be. Its support for the Space Ready 2.0 Act flows straight from that operational reality, and it aligns the company with a broader Space Coast effort to keep the physical foundation of American spaceflight current with the pace of activity now running through it.
The Broader Space and Defense Landscape
Starfighters operates at the intersection of commercial space, hypersonics, and defense testing, a set of themes drawing significant investor and government attention even through a volatile stretch for the sector. The broader space complex sold off sharply following the June 2026 initial public offering of a major private launch company, and many space and defense-technology names traded well below their early-2026 highs into mid-year, even as underlying contract activity remained strong. The four companies below are referenced solely as market and sector context. They are far larger and more established than Starfighters, are not peers, competitors, or financial comparables of Starfighters Space, Inc., and their results are not indicative of Starfighters’s prospects. All figures are approximate and subject to change.
Rocket Lab (Nasdaq: RKLB)
Rocket Lab is an end-to-end space company providing launch services and space systems, and it has become one of the most closely watched names in the sector. In July 2026 it was awarded a US$266 million contract with the U.S. Space Force tied to suborbital and hypersonics testing, joined the National Security Space Launch Phase 3 Lane 1 roster, and drew an analyst upgrade, even as its shares remained volatile and well off their early-year highs amid the broad space-sector selloff. Rocket Lab is included as context for the launch-and-hypersonics-testing end of the market that overlaps with Starfighters’s own RDT&E focus, on a far larger scale.
L3Harris (NYSE: LHX)
L3Harris is a large defense-technology prime with a broad portfolio spanning missiles, space, communications, and electronic systems, including a growing hypersonics and missile business. In 2026 the company posted a second-quarter earnings beat, raised its guidance, and traded near the stronger end of the defense complex as military-modernization demand held up. L3Harris is referenced as an established defense prime operating in the same hypersonics, missile-defense, and space-systems themes that Starfighters’s testing platform supports, at a vastly larger and diversified scale.
Leidos (NYSE: LDOS)
Leidos is a defense, intelligence, and technology-services company with a significant presence in national-security programs spanning air, land, sea, space, and cyberspace. In 2026 it secured new national-security and missile-defense-related work, including a partnership tied to missile-defense satellite payloads, and announced capital returns to shareholders, even as its shares declined earlier in the year alongside the broader defense group. Leidos is included as context for the defense-and-national-security services layer that surrounds the testing and evaluation work Starfighters’s platform is built to support.
Karman Holdings (NYSE: KRMN)
Karman Holdings is a space-and-defense systems supplier focused on hypersonics and strategic missile defense, space and launch, and tactical missile systems, providing propulsion, payload-protection, and interstage hardware. The company reported record 2025 revenue, raised its 2026 guidance, and was added to the S&P SmallCap 600 in July 2026, though its shares, like much of the group, traded down on the year amid the sector pullback. Karman is the closest thematic reference to the hypersonics-and-missile-defense end of Starfighters’s addressable RDT&E markets, as a components-and-subsystems supplier rather than a testing-platform operator.
What to Watch
For Starfighters, the near-term markers around this announcement are as much legislative as operational. The most direct is the progress of the Space Ready 2.0 Act itself through the House and Senate, where H.R. 9651 and S. 4905 would need to advance through committee and floor consideration, an uncertain path for any bill. Beyond the legislation, watch for continued expansion of the company’s operations at Kennedy Space Center, for progress on its air-launch development and hypersonic and defense testing activities, and for any additional Space Coast or federal engagement that builds on this positioning.
The strategic logic of the announcement is sound: a company whose operations depend on spaceport infrastructure has a genuine interest in seeing that infrastructure modernized, and lending its voice to a bipartisan-sponsored framework that would enable it is a low-cost, on-message way to participate in the policy conversation. The cautions are the ordinary ones. Support for a bill is not the same as its passage, the legislation may or may not advance, and Starfighters remains a small-cap company in a volatile sector executing an ambitious operational plan. But the announcement reinforces the company’s identity as an established, expanding operator at the heart of the nation’s busiest spaceport, at a moment when the infrastructure of American spaceflight, and who pays to modernize it, is becoming a live question.
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Article Source:
[1] Starfighters Space, Inc., “Starfighters Space Supports Space Ready 2.0 Act to Modernize Shared Infrastructure at NASA Centers,” August 4, 2026.
USA News Group | info@usanewsgroup.com
DISCLAIMER
Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. This article is being distributed by USA News Group on behalf of Market Equities Limited (“MEL”), a company incorporated under the laws of Ireland. MEL has been paid a fee for Starfighters Space, Inc. advertising and digital media distribution from Creative Direct Marketing Group (“CDMG”). MEL also expects to receive further compensation as part of an ongoing digital media effort to increase visibility for the company. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. No further notice will be given, but let this disclaimer serve as notice that all material, including this article, has been reviewed and approved on behalf of Starfighters Space, Inc. by CDMG.
MEL, and/or its owners, operators, directors, and associates, own shares of Starfighters Space, Inc., acquired in the open market, and reserve the right to buy and sell shares of Starfighters Space, Inc. at any time without any further notice commencing immediately and ongoing, in the open market, through private placements, and/or through other investment vehicles. There may also be third parties who hold shares of Starfighters Space, Inc. and may liquidate their shares, which could have a negative effect on the price of the stock.
While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in this publication is not trustworthy unless verified by their own independent research. Because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may lose some or all of your investment.
Cautionary Note Regarding Forward-Looking Statements and Pending Legislation. This publication may contain forward-looking statements, including statements regarding the Space Ready 2.0 Act (H.R. 9651 and S. 4905) and its potential effects, spaceport infrastructure modernization, Starfighters Space’s operations, air-launch development, hypersonic and defense testing capabilities, and business prospects. The Space Ready 2.0 Act is proposed legislation that has been introduced but not enacted; there is no assurance it will be passed in any form, on any timeline, or that any resulting pilot program would benefit Starfighters Space, Inc. References to members of Congress and the bill are factual descriptions of the legislation and the company’s stated position and do not represent a political endorsement by the publisher. Forward-looking statements are not guarantees of future performance and involve known and unknown risks and uncertainties, including legislative, regulatory, permitting, operational, development-timeline, competitive, capital, and market risks. Actual results may differ materially from those projected. Readers should refer to Starfighters Space, Inc.’s filings with the U.S. Securities and Exchange Commission for a full discussion of risk factors.
Cautionary Note Regarding Referenced Companies. References to Rocket Lab, L3Harris, Leidos, and Karman Holdings are provided solely as market and sector context. Those companies are not peers, competitors, or financial comparables of Starfighters Space, Inc., and differ substantially in size, stage, capitalization, operations, and business model. Their contracts, programs, results, and share performance describe those companies only, are not indicative of Starfighters Space, Inc.’s prospects or results, and must not be relied upon in evaluating the profiled company. No partnership, affiliation, or endorsement is implied. The space and defense sector has been volatile, and industry data cited describes the sector generally and is subject to change.
Eagle Eye Disclosure. Eagle Eye is an investor signal-intelligence platform affiliated with the publisher of this article, and this reference constitutes promotion of an affiliated product. Eagle Eye is not a broker-dealer, and nothing in the platform or in this article is financial, investment, tax, or legal advice. Data provided in the platform is for informational purposes only and may be delayed. Always do your own research before making any investment decision.
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SOURCE USA News Group
Technology
EZ Texting Launches AI Assistants for SMS Marketing: Send texts, run campaigns using ChatGPT, Claude or any famous AI Tool
Published
32 minutes agoon
August 4, 2026By
EZ Texting now allows Businesses to grow revenue by using AI Assistants, on your favorite AI Tool (ChatGPT, Claude), that support MCP (Model Context Protocol).
SAN FRANCISCO, Aug. 4, 2026 /PRNewswire/ — EZ Texting, the SMS marketing platform trusted by more than 230,000 customers, announced the launch of its Model Context Protocol (MCP) servers. The new servers give businesses a way to run SMS marketing entirely through natural conversation with the AI tools they already use.
Instead of logging into a dashboard, a business owner can now simply tell Claude or ChatGPT to send a broadcast, check how a campaign performed, or look up a contact, and it happens instantly. EZ Texting is now listed on the official MCP Registry, along with PulseMCP, Smithery, and mcp.so, making it the first discoverable SMB and mid-market SMS platform in the AI ecosystem. Enterprise players like Klaviyo and Twilio have shipped MCP servers built for developers.. EZ Texting built it for the majority of businesses that don’t have one.
Why it matters: AI assistants are becoming the way people get things done: searching, writing, scheduling, and now marketing. For the small and mid-sized businesses that make up the bulk of EZ Texting’s customer base, that shift has mostly locked them out. MCP support so far has gone to platforms built for engineering teams, not the shop owner running their own promotions. EZ Texting’s launch closes that gap.
What businesses can do with it, in plain terms:
Send a text without opening the app. Tell your AI assistant to message a customer, a list, or a group, and it handles the rest.Get answers instead of digging through reports. Ask how last week’s campaign performed and get delivery and engagement numbers back in seconds.Manage contacts by talking, not clicking. Add, update, or organize contacts and groups through a single request.Automate without a developer. Build and publish SMS workflows from existing templates, all from inside the AI tool.Stay on top of your account. Check credits, plan details, and usage without leaving the conversation.
Every action runs through EZ Texting’s existing platform, so permissions, credits, and compliance rules apply exactly as they do today. Nothing about the underlying account changes. Only how customers reach it does.
Built for how people already work: EZ Texting’s MCP servers connect to any MCP-compatible AI tool, including Claude, ChatGPT, and Cursor. That means businesses can chain SMS actions together with the other AI-connected tools already in their stack, from Shopify to HubSpot to Google Sheets, without writing a line of code.
“AI is quickly becoming how people get things done, and we didn’t want that to bypass small businesses. With EZ Texting’s MCP servers, a business owner doesn’t need a developer or a new tool to learn — they just ask, and it happens. That’s the whole idea: SMS marketing that works exactly as fast as you think,” said Vijesh Mehta, CEO of EZ Texting.
The EZ Texting MCP servers are available now to all customers at no additional cost beyond their existing plan. Customers can get started at answers.eztexting.com/s/article/mcp-getting-started. Developers can learn more at https://mcp.eztexting.com/.
About EZ Texting Since 2004, EZ Texting has helped over 230,000 businesses connect with and grow their audiences through intuitive SMS marketing. With powerful messaging tools, AI, automation, and integrations, EZ Texting enables organizations to deliver timely, relevant communication that drives engagement and results.
Media Contact:
Yogesh Khadilkar
SVP of Marketing
pr@eztexting.com
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SOURCE EZ Texting
Technology
Agthia Reports Stronger H1 2026 Financial Position and Raises Interim Dividend 14.4%
Published
32 minutes agoon
August 4, 2026By
ABU DHABI, UAE, Aug. 4, 2026 /PRNewswire/ — Agthia Group PJSC (AGTHIA: UH), one of the region’s leading food and beverage companies, today reported its first-half and second-quarter of 2026 results, reflecting the growing impact of its multi-year transformation, with stronger cash generation, a materially healthier balance sheet, and a 14.4% increase in the interim dividend.
The Group’s transformation gathered pace in H1 2026, as Agthia advanced its portfolio reset while navigating external challenges and cost pressures. For the first half, Group Revenue increased 7.4% year-on-year to AED 2.6 billion, underpinned by one-off sales under the UAE food security program. EBITDA climbed 35.8% to AED 310.5 million, with EBITDA Margin expanding 250 basis points to 11.9%, while Net Profit reached AED 121.4 million, up 147.4% year-over-year. For the second quarter, Group revenue increased 11.9% year-on-year to AED 1.3 billion. EBITDA increased 172.5% to AED 117.2 million, with margin expanding 542 basis points to 9.2%, while Net Profit reached AED 24.5 million.
Free cash flow turned strongly positive at AED 521.4 million, from an outflow a year earlier, and the Group cut its net debt-to-EBITDA to 1.8x from 2.9x in December 2025. Agthia closed the first half of 2026 with AED 869.6 million in cash. Group Total Assets continue to grow, reaching AED 6.5 billion as of 30 June 2026.
Across the Group, strong growth in core businesses was complemented by continued progress in selected transformation initiatives. Water and Food led the way, with revenue up 38.9% in the second quarter, as Al Ain, Agthia’s first billion-dirham brand, extended its lead in bottled water and gained 2.0 percentage points of value market share versus the same period last year. Protein and Frozen advanced 22.0% in the second quarter, led by Nabil at 32.5% and supported by gradual improvement in Atyab, up 8.1% year-on-year, and the ramp-up of the Group’s Saudi protein facility. Agri-Business rose 11.0% on strong feed demand, with Agrivita feed sales up 23.3%. During the quarter, Snacking remained focused on transforming the Al Foah and BMB businesses, laying the foundation for long-term value, while Abu Auf maintained its strong growth trajectory, with revenue rising 23.7% year-over-year in Q2 2026.
Agthia’s Board of Directors has recommended an interim cash dividend of 11.792 fils per share for the six months ended 30 June 2026, a 14.4% increase year-on-year and a second consecutive period of higher returns following the 10.0% rise recommended for the second half of 2025.
Khalifa Sultan Al Suwaidi, Chairman of Agthia’s Board, commented: “Raising the interim dividend for a second consecutive period speaks to the discipline with which Agthia is being run and to the Board’s belief in its long-term value. Even in a demanding environment, the Group is generating the cash to reward shareholders and fund its own growth.”
Salmeen Alameri, Managing Director and CEO of Agthia Group, added: “The transformation we set in motion a year ago is delivering tangible results, with stronger earnings, expanding margins, and improved cash generation strengthening our balance sheet. We maintained uninterrupted supply, supported our customers, and advanced the UAE’s food security agenda when it mattered most. We also accelerated our sustainability agenda, reducing our emissions ratio by 26.7% year-on-year.”
Jeroen Nijs, Chief Financial Officer of Agthia Group, commented: “Agthia’s financial profile strengthened considerably during the first half of 2026. Alongside higher earnings, we generated AED 521 million of free cash flow, while reducing Net Debt-to-EBITDA from 2.9x to 1.8x. With AED 870 million of cash & cash equivalents, Agthia is well positioned to navigate the current regional disruption, execute our strategic transformation programs and enhance shareholder returns.”
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The Infrastructure Under America’s Busiest Spaceport Was Built for Another Era. New Legislation Would Let Private Companies Help Modernize It.
EZ Texting Launches AI Assistants for SMS Marketing: Send texts, run campaigns using ChatGPT, Claude or any famous AI Tool
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