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Agthia Reports Stronger H1 2026 Financial Position and Raises Interim Dividend 14.4%

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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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Guidepoint Relocates Shanghai Office to Strengthen Regional Presence

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SHANGHAI, Sept. 21, 2026 /PRNewswire/ — Guidepoint, a global pioneer in access to expert insight, today announced the relocation of its Shanghai office to the Bund Center on East Yan’an Road.

Building on more than a decade of sustained growth in China, the relocation positions Guidepoint in the heart of Shanghai’s business district, bringing the firm closer to the clients and partners it serves while providing a modern, collaborative workspace for its growing team.

“Research today has evolved beyond standalone expert calls to more connected, AI-enabled workflows,” said Michael Wang, Guidepoint’s Director and Head of China. “The new Shanghai office brings together capabilities across research, product innovation, compliance, and operations, reinforcing Guidepoint’s commitment to delivering source-backed insight through rigorous standards, transparency, and integrity.”

“Shanghai remains one of the world’s most influential centers for business and finance, connecting decision-makers across industries and markets,” said Chris Bonsi, Head of APAC. “This relocation reinforces our long-term commitment to the region and strengthens our ability to serve clients and attract top talent.”

As demand for expert-led, source-backed insight continues to grow, Guidepoint is focused on expanding its research capabilities by combining expert knowledge, proprietary content, and technology-enabled workflows to help clients move from uncertainty to conviction with greater speed and confidence.

About Guidepoint
Guidepoint provides real-time access to expert insights, combining human expertise with AI-powered research tools to deliver knowledge at scale. Backed by a global network of more than 2M+ subject-matter experts, Guidepoint equips institutional investors, consulting firms, and corporations with the context they need across companies, markets, and trends. Through live, asynchronous, and agentic workflows, Guidepoint embeds expert knowledge directly into decision-making, turning answers into action when timing matters most.

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Reap Launches First Ever Managed Fraud and Risk Service for Card Programs

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Reap Sentry configures and manages fraud controls for clients’ card programs, eliminating the need for additional monitoring tools or in-house fraud specialists.

HONG KONG, Sept. 21, 2026 /PRNewswire/ — Reap, a global financial technology company that enables financial connectivity and access for businesses worldwide through stablecoin-enabled infrastructure, today announced the launch of Reap Sentry, a managed card fraud and risk service. Through Sentry, Reap manages a client’s end-to-end transaction risk management – from configuring fraud rules and screening authorisations in real time to investigating alerts, processing chargebacks, and reporting confirmed fraud to Visa. Clients do not need to build or license additional fraud-monitoring tools, or hire a dedicated fraud team.

Payment card fraud losses worldwide totalled USD 33.41 billion in 2024 (The Nilson Report, January 2026), tied to global card volume of USD 51.920 trillion (The Nilson Report, January 2026). Every card in circulation is a live payment instrument, with authorisation decisions made in milliseconds. Fraud must be stopped at the point of authorisation, not afterwards, as the knock-on costs of fraud can often exceed the value of the fraud itself. Meanwhile, evolving attack patterns make fraud management an ongoing operational function.

Built on the technology within Reap’s issuing portfolio, Sentry combines the fraud policy, tooling, and day-to-day operations required to manage transaction risk effectively. Having issued millions of cards over eight years of card issuance, Reap brings to Sentry controls informed by fraud patterns observed across its entire issuing portfolio. These controls are tailored to each client’s business profile, including its cardholder segments, geographic footprint, and stated risk appetite.

Sentry conducts ongoing screening and declines suspected fraud in real time at authorisation; triages and investigates alerts; and continuously updates controls as new threats emerge, including BIN attacks and merchant breaches. The service also processes and represents chargebacks submitted by clients, reports confirmed fraud, and provides program performance reporting on an agreed cadence. Controls are reviewed and refined as each program evolves, without requiring client intervention. Clients can integrate with Sentry through a single Reap API.

Reap protects the authorisation layer it operates and observes, while clients retain responsibility for the cardholder relationship and key first-party fraud entry points, including onboarding, identity verification and account access.

“Most companies launching a card programme have to build a fraud function from day one. Doing so requires specialist tooling, dedicated expertise and several months of preparation before they can safely issue a single card, by which point the threat landscape may already have shifted. That is rarely how a team wants its first months to go.” said Harris Leow, Head of Product, Reap. “Sentry takes on that entire card fraud function: our controls, data and specialists, tailored to each card programme.”

Sentry is available to new Reap card issuing clients and to existing clients at contract renewal, on Reap’s own API.

To find out more about Sentry, visit our website: https://reap.global/products/sentry-fraud-risk-management

About Reap
Reap is a global financial technology company that enables financial connectivity and access for businesses worldwide through stablecoin-enabled infrastructure. We transform the financial landscape through more efficient money movement by merging traditional finance with digital assets, bridging disparate economies and connecting key financial markets.

Reap was an early leader in Asia to incorporate stablecoins into our solutions. In 2025, Reap processed billions in stablecoin-funded transaction flows. From stablecoin-enabled corporate cards to cross-border payments, we streamline financial operations and empower companies to scale with our integrated business accounts and embedded finance solutions.

Founded and headquartered in Hong Kong, Reap employs 300 people worldwide. More information about Reap can be found at reap.global.

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Envision Energy Powers Morocco’s First Large-Scale Battery Storage System at OCP’s Benguerir Mining Site

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BENGUERIR, Morocco, Sept. 21, 2026 /PRNewswire/ — Envision Energy, a global leader in green technology, today announced the successful energisation of Morocco’s first large-scale lithium iron phosphate (LFP) battery energy storage system at OCP Green Energy’s Benguerir mining site. The 25 MW / 125 MWh system was supplied and commissioned by Envision Energy under a contract signed in late 2025, and is now undergoing testing before entering commercial operation.

Envision Energy provided the full storage system and led the commissioning work, integrating the BESS with the site’s solar generation, grid conditions and industrial load profile. The system is designed to shift surplus solar power from daytime generation to peak consumption hours, reducing the site’s peak-hour electricity bill by approximately 25%.

With five hours of storage capacity, the BESS functions as an industrial energy management tool rather than a short-duration grid asset. It is supported by USD 20 million from the Clean Technology Fund, managed through the African Development Bank Group, and is designed for a 25-year lifetime with daily charge-discharge cycles. For OCP, the value lies not in battery capacity, but in the system’s ability to reduce peak-hour costs over a 25-year operating life.

“The successful energisation of Morocco’s first large-scale battery storage project demonstrates the reliability, flexibility and cost-effectiveness of integrated renewable-plus-storage solutions in industrial applications,” said John Lee, General Manager of Envision Energy for the Middle East and Africa. “Envision is proud to be part of this landmark project and to contribute green technology to Morocco’s energy transition.”

As highlighted in OCP Group’s official press release announcing the milestone, Omar Kadir, CEO of OCP Green Energy, said: Storage is the natural extension of our energy strategy. It allows us to reconcile the variable output of renewable energy with the continuous needs of our industrial platforms, while strengthening the reliability of our energy supply. Beyond OCP Group’s own needs, this technology paves the way for a more harmonious integration of renewable energy into the national power system. By bringing greater flexibility and resilience to the grid, it will help accelerate the deployment of renewable capacity.”

The project marks a significant milestone for battery storage and industrial decarbonisation in Morocco. It supports the country’s target of achieving 52% of installed electricity capacity from renewable sources by 2030 and serves as a benchmark for industrial decarbonisation across Africa.

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