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Saudi Properties Portal to Accept Applications for Foreign Real Estate Ownership

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RIYADH, Saudi Arabia, June 23, 2026 /PRNewswire/ — The Real Estate General Authority (REGA), the regulator responsible for Saudi Arabia’s real estate sector, has announced today the commencement of applications for foreign real estate ownership through the “Saudi Properties” portal. This is the official portal for the Foreign Real Estate Ownership Law, following its entry into force in January 2026. As part of this, the Geographic Scope and Regulatory Framework were also approved.

 

The portal enables prospective property owners, both within and outside the Kingdom, to begin their ownership journey through an official digital channel that allows users to complete all regulatory procedures electronically. Saudi Properties services include access to available ownership pathways, approved real estate opportunities, verification of eligibility requirements, application submission, and tracking services.

Non-Saudi individuals residing in the Kingdom can apply directly through the “Saudi Properties” portal using their residency number, with automated verification of eligibility requirements and completion of procedures through a fully digital process.

Non-Saudi residents begin their application process by obtaining a digital identity card from Saudi missions abroad, which must be obtained prior to completing the online application process. Non-Saudi companies and entities without an existing presence in the Kingdom are required to register with the Ministry of Investment through the “Invest Saudi” platform and obtain national unified number before completing the ownership process electronically.

The system allows non-Saudi individuals, companies, and entities to own property across various regions of the Kingdom of Saudi Arabia, while regulating ownership in Makkah and Madinah. Property ownership within the two Holy Cities is limited to Saudi companies and Muslim individuals from both within and outside the Kingdom.

This is implemented through a clear regulatory framework that makes ownership decisions more transparent by linking real estate opportunities to structured pathways, and official data sources, thereby enhancing market credibility, supporting high-quality urban growth, and elevating the overall beneficiary experience.

REGA emphasized that the “Saudi Properties” portal is the official channel for foreign real estate ownership applications, as well as accessing key information related to owning property in the Kingdom. The Authority encourages prospective property owners to visit the “Saudi Properties” portal at: saudiproperties.rega.gov.sa.

The update and implementation of the Foreign Real Estate Ownership Law comes into effect at a time when Saudi Arabia is witnessing a significant transformation across its real estate market, driven by urban growth, the expansion of major projects, and the advancement of business, tourism, hospitality, entertainment, and quality-of-life sectors, further strengthening the Kingdom’s attractiveness as a destination for living, working, and investment.

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Globe sustains CDP Supplier Engagement ‘A’ rating, continuing its collaborative journey across the value chain

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TAGUIG CITY, Philippines, June 25, 2026 /PRNewswire/ — Globe has maintained its ‘A’ rating in the CDP Supplier Engagement Assessment (SEA) in 2025, reinforcing its commitment to transparency, climate action, and responsible business practices across its value chain. The recognition for the second consecutive year reflects Globe’s sustained efforts to integrate sustainability into the way it works with suppliers and partners.

The CDP SEA evaluates how companies work with suppliers on climate issues, recognizing organizations that demonstrate strong performance across governance, targets, Scope 3 emissions management, and value chain engagement. Companies that receive top marks across these areas are recognized as CDP Supplier Engagement Leaders, placing Globe among organizations advancing climate action beyond their direct operations.

“Maintaining our ‘A’ rating on the SEA from CDP for two consecutive years is a testament to our unwavering commitment to environmental transparency and collective climate action,” said Yoly Crisanto, Chief Sustainability and Corporate Communications Officer at Globe. “By actively empowering our entire value chain, we are turning our climate ambitions into measurable impact.”

Through the Globe Supplier Code of Ethics, the company encourages partners to align with the company’s sustainability goals, including its climate action roadmap. It has also embedded environment, social, and governance (ESG) criteria into procurement processes covering retail electricity providers, network equipment suppliers, and product packaging, among others.

The company likewise screens suppliers against ESG indicators to improve oversight across its ecosystem. Through AI-driven data capture, Globe monitors supplier ESG credentials, performance, and attributes to support improvement across the supply chain.

Beyond compliance and monitoring, Globe conducts capability-building initiatives that equip partners with foundational sustainability knowledge. These efforts are aimed at helping create a more resilient and future-ready supply chain ecosystem.

Alongside its SEA recognition, Globe also received its CDP Climate score of A- and Water score of B for the 2025 cycle. The company was likewise recognized by several organizations in 2025, including International Finance’s Best ESG Practices – Telecom Philippines 2025 recognition and 2026 Standard Insights’ Most Active Mobile Network for the Environment and Most Sustainable Mobile Network awards.

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ABOUT GLOBE

Globe Telecom, Inc. is a leading digital platform in the Philippines with interests in telecommunications, fintech, venture building, shared services, and digital marketing. It is listed on the Philippine Stock Exchange under the symbol GLO. The company delivers a full suite of mobile, broadband, data, and managed services to meet the needs of consumers and businesses. A UN Global Compact Participant, Globe is the first publicly listed Philippine firm with approved near- and long-term science-based targets under the SBTi. It was named one of TIME and Statista’s Most Sustainable Companies in 2025. Its back-to-back inclusion in the Fortune Southeast Asia 500 in 2024 and 2025 affirms its growth and leadership. Its principals are Ayala Corporation and Singtel, prominent industry leaders in the region.

 

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SOURCE Globe Telecom, Inc.

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Joyson Electronics Opens Hong Kong Office to Accelerate Global Expansion and Drive “Auto + Robotics” Dual-Engine Strategy

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HONG KONG, June 25, 2026 /PRNewswire/ — Joyson Electronics (0699.HK / 600699.SH), a leading global provider of smart technology solutions, announced the official opening of its Hong Kong office today. Invited to establish a presence in the city as a strategic enterprise by InvestHK and the Office for Attracting Strategic Enterprises (OASES), Joyson Electronics will leverage this milestone to deepen its global footprint and propel its “Auto + Robotics Tier 1” dual-engine development.

Joyson Electronics is a premier global supplier of smart automotive technologies and a core component manufacturer for robotics, ranking as the second-largest in China and fourth globally in smart cockpit domain controllers. The opening ceremony was officiated by Ms. Lillian Cheong, JP, Under Secretary for Innovation, Technology and Industry; Dr. Ming Ge, Commissioner for Industry (Innovation and Technology); Prof. K.C. Chan, Chairman of the Chamber of Hong Kong Listed Companies, former Secretary for Financial Services and the Treasury, and Adjunct Professor and Senior Advisor to the Dean at HKUST Business School; and Mr. Zhiang Chen, Chairman of Ning Shing (Holdings) Co., Ltd.

The officiating guests were joined by Joyson Electronics’ senior management, including Mr. Jeff Wang (Founder, Chairman, and Executive Director), Mr. Xuesong Zhu (Vice Chairman and Non-Executive Director), Ms. Junyu Li (Executive Director, Vice President, and CFO), and Mr. Yike Wang (Managing Director of Joyson Electronics Hong Kong). Other notable attendees witnessing this significant moment included representatives from InvestHK and OASES.

Synergizing “AI+” and “Finance+” to Accelerate Global Expansion

The establishment of the Hong Kong office reflects the fruitful collaboration between the Mainland and Hong Kong, highlighting the HKSAR Government’s policy of synergizing “AI+” and “Finance+”. Following a visit to Joyson’s Ningbo headquarters last year, the Innovation, Technology and Industry Bureau (ITIB) proactively invited the company to expand into Hong Kong. Recognizing the city’s premier business environment and dual advantages in I&T and capital markets, Joyson successfully listed in Hong Kong late last year. Setting up this office capitalizes on Hong Kong’s role as a “super value-adder” under the national “15th Five-Year Plan.” The company aims to leverage this platform to enhance global capital operations, optimize financing structures, attract top-tier tech talent, elevate its international brand, and accelerate its globalization strategy.

As a global leader in automotive intelligence and core robotics components, Joyson Electronics boasts strong integrated hardware and software capabilities. Its diverse product portfolio covers autonomous driving, smart cockpits/connectivity, new energy management, and core robotics components. Furthermore, the company is actively extending its automotive technologies into AI server power supplies and optical communications, recently making strategic investments in North American optical module production to capture new global opportunities. Overall, Joyson’s core technological focus aligns perfectly with the Transport Department’s policies on connected vehicles and autonomous driving, as well as the HKSAR Government’s broader “AI+” initiatives.

Looking ahead, Mr. Jeff Wang, Founder, Chairman, and Executive Director of Joyson Electronics, stated at the ceremony: “Today marks a highly strategic milestone in Joyson Electronics’ development. As a leader in automotive and robotics components, we provide products and technical services to major automakers and robotics clients worldwide.  Establishing our presence here is a core step in upgrading our global tech strategy. Moving forward, we will use our Hong Kong office as a global strategic hub. By fully leveraging Hong Kong’s advantages, its deep pool of international talent, and its highly developed financial system, we will accelerate the Group’s global R&D and application of smart connected vehicle technologies. We look forward to forging comprehensive, deep-rooted industry-academic-research partnerships with local universities, research institutes, and government bodies such as the ITIB, OASES, and InvestHK. Together, we aim to contribute Joyson’s forward-looking technological expertise to help drive the transformation and growth of Hong Kong’s industries.”

Prof. K.C. Chan, Chairman of the Chamber of Hong Kong Listed Companies, former Secretary for Financial Services and the Treasury, and Adjunct Professor and Senior Advisor to the Dean at HKUST Business School, stated: “It is a great pleasure to gather here today to witness the grand opening of Joyson Electronics’ Hong Kong office. This is not only a major milestone but also a testament to the vitality of Hong Kong’s capital market. In recent years, the Hong Kong stock market has welcomed numerous high-quality Mainland enterprises, with Joyson Electronics being a prime example. By establishing a foothold here, Joyson Electronics has enriched Hong Kong’s industrial ecosystem and injected new momentum into the local market. This represents not only a strong vote of confidence in Hong Kong but also a visionary step toward the future.”

Ms. Lillian Cheong, JP, Under Secretary for Innovation, Technology and Industry, remarked at the ceremony: “I am delighted to attend the opening ceremony of Joyson Electronics’ Hong Kong office. On behalf of the Innovation, Technology and Industry Bureau of the HKSAR Government, I extend my warmest congratulations to the company! During my team’s visit to Ningbo last year, touring Joyson Electronics’ headquarters was a key highlight. Joyson’s successful listing in Hong Kong last year brought fresh momentum to our stock market, and today, the official opening of this office brings the company’s cutting-edge smart automotive and robotics technologies to our city. I believe this is not only a crucial step in Joyson’s globalization strategy but also a strong endorsement of Hong Kong’s I&T prospects and a resounding vote of confidence in our future. Hong Kong is currently at a pivotal stage in its I&T development. The HKSAR Government is fully committed to leveraging technology to build a new real economy, driving high-quality growth, and making greater contributions to the country’s development as a technological powerhouse. We firmly believe that through the joint efforts of the HKSAR Government and outstanding I&T enterprises like Joyson Electronics, Hong Kong’s new industrialization will reach new heights. We look forward to even closer collaboration with Joyson Electronics as we advance our new industrialization and I&T initiatives.”

About Joyson Electronics

Joyson Electronics (600699.SH / 699.HK) is a leading global provider of smart technology solutions, specializing in the R&D and manufacturing of automotive electronics, automotive safety systems, and key components for next-generation agents. Joyson operates more than 25 R&D centers and 60 production facilities, and serves over 100 global automotive brands. Revenue reached RMB 61.2 billion in 2025.

Joyson Electronics positions itself as a “Tier 1 supplier for automotive and next-generation agents,” providing customers with innovative products in the fields of autonomous driving, intelligent cockpits, car connectivity, E-Mobility, automotive safety, and key components of next-generation agents. It is a leading global supplier of autonomous driving, with its full-stack solutions supporting multi-scenario autonomous driving capabilities from Level 2 to Level 4. Joyson is also the second-largest supplier of intelligent cockpit domain control systems in China and the fourth largest globally.

Additionally, Joyson Electronics has supplied samples or products to companies of next-generation agents worldwide, establishing itself as a leader in the components industry of next-generation agents.

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SOURCE Joyson Electronics

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SK keyfoundry Develops ‘Bi-SCR-Based On-Chip EMC Protection Technology’ to Enhance Automotive Semiconductor Reliability

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SEOUL, South Korea, June 25, 2026 /PRNewswire/ — SK keyfoundry, an 8-inch pure-play foundry in Korea, announced that it has recently developed a ‘Bi-SCR (Bi-directional Silicon Controlled Rectifier)-based On-Chip EMC protection technology’ capable of dramatically enhancing the EMC (ElectroMagnetic Compatibility) of automotive semiconductors. The company stated it has successfully applied this technology to its 0.13-micron BCD (Bipolar-CMOS-DMOS) process products and has entered mass production.

As the integration of electronic components in vehicles rapidly increases, ensuring the reliability of semiconductors to operate without malfunction even under extreme electrical stress conditions has emerged as a core challenge. While conventional ESD (ElectroStatic Discharge) protection devices  were primarily limited to controlling momentary discharges during the chip manufacturing or assembly processes, this newly developed technology is a design solution that enables complete on-chip control of harsh system-level EMC environments, including those required by automotive standards such as ISO 10605, where electrical stress can occur continuously during vehicle operation.

The ‘Bi-SCR’ structure implemented by SK keyfoundry offers flexible trigger-voltage adjustment and excellent high-current handling capability. In particular, it possesses high area efficiency, delivering outstanding performance in optimizing the protection capabilities of automotive power ICs, which face severe space constraints and require high integration. Most notably, it is highly significant as an ‘On-Chip’ solution that can effectively control EMC stress internally without the need for external protection components like TVS (Transient Voltage Suppressor) diodes, which were previously essential in system designs. Through this, customers can maximize circuit design and space efficiency while elevating system protection performance to the highest level.

This achievement is regarded as the fruit of combining SK keyfoundry’s unique automotive BCD process technology accumulated over the years with its advanced EMC and ESD protection design capabilities. Leveraging this successful mass production as a stepping-stone, the company plans to continuously expand its portfolio of protection devices based on high-voltage LDMOS, BJT, SCR, and diodes. Furthermore, it aims to strengthen its market competitiveness across various automotive applications that require high reliability, such as automotive PMICs (Power Management ICs), motor drivers, and power control ICs.

“In the recent automotive semiconductor market, beyond simple component-level ESD performance, ‘EMC robustness’ under actual harsh automotive electronic system environments is emerging as a core competitive edge,” said Derek D. Lee, CEO of SK keyfoundry. “The successful mass production and application of this Bi-SCR-based On-Chip EMC protection technology is a significant technological milestone that has elevated the reliability and system stability of automotive semiconductor products to the next level.” He added, “We will continue to strengthen the high-reliability, high-voltage, and high-efficiency process platforms demanded by our automotive customers and solidify our differentiated foundry competitiveness.”

About SK keyfoundry

Headquartered in Korea, SK keyfoundry provides specialty Analog and Mixed-Signal foundry services for semiconductor companies to serve a wide range of applications in the consumer, communications, computing, automotive and industrial industries. With a broad range of technology portfolios and process nodes, SK keyfoundry has the flexibility and capability to meet the ever-evolving needs of semiconductor companies across the globe. Please visit https://www.skkeyfoundry.com for more information.

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SOURCE SK keyfoundry.

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