THE INTERNATIONAL BUSINESS NEWS 2026: 2123/2005, North Mughaltooly by Lane, West Madarbari, P.S. Sadarghat, P.O: Bandar-4100,Chattogram, Bangladesh.
Overview
Our technology transforms infrastructure across buildings, electrification, and grids, at speed and scale, enabling collaborative ecosystems to accelerate our customers’ digital journey to become more competitive, more resilient, and more sustainable.
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Saudi Arabia's World Cup dilemma; Emirates' economy upgrade; Burnham takes over
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Jul 20, 2026, 6:37 PM (20 hours ago)
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FIFA’s big headache: Why Saudi Arabia’s 2034 World Cup faces historic delay
Saudi Arabia and FIFA face a number of scheduling issues if the tournament is to go ahead as planned
Emirates reveals major upgrade to Economy Class seating
Emirates expects the headrest to remove the need for separate neck pillows for many passengers
What next for the UK and the Gulf as Andy Burnham takes over in Downing Street?
Andy Burnham met King Charles III at Buckingham Palace on Monday
Saudi Arabia launches multiple entry Umrah visa
Saudi Arabia is making Umrah visits much more convenient by offering greater flexibility for pilgrims
Kuwait issues new rules to regulate places of worship
New regulations set out licensing, oversight and compliance requirements
South Korea's Lee seeks Arctic lift for country's shipping sector
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ADB Midday Update
July 17, 2026
South Korea's Lee seeks Arctic lift for country's shipping sector
South Korea's Lee seeks Arctic lift for country's shipping sector
President promotes Busan as polar hub to revive economic momentum
What could four days change?
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LEAP:IN
What could four days change?
By LEAP:IN • 17 Jul 2026
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If you haven’t already, subscribe and join our community in receiving weekly tech insights, updates, and interviews with industry experts straight to your inbox.
Grow your business and expand your perspective – with insights and interviews from the global LEAP community, here in your inbox.
This week we’re quoting…
Sohaib Chohan (Managing Director at Telo AI)
What Chohan said:
“For other vendors, my biggest advice would be: don’t leave LEAP with leads, leave with next steps already agreed.”
Four days can change a tech business
More than just your event strategy, that line speaks to the difference between collecting attention and building continuity.
By the final afternoon of LEAP, the atmosphere changes a little bit. The conversations become more reflective, and founders who arrived carrying polished decks and ambitious targets start comparing notes over coffee before they catch their flights home.
People start wondering what happens after this – but the people who were prepared for that question right from the start are excited. Because for them, the event has become a turning point.
On the blog this week, we’ve been writing about two very different stories from LEAP 2025. One centred on AI infrastructure operating at enormous scale, and the other began with a simple interaction between a passer-by and a QR code printed on a t-shirt.
Groq and Telo AI approached LEAP with the same understanding: opportunity moves faster when preparation is already in place.
From an MoU to AI infrastructure at scale
Groq’s story illustrates this at infrastructure scale. The company specialises in AI inference (the stage where trained AI models generate responses in real time). As AI systems move from experimentation into everyday enterprise use, inference has become increasingly important because it determines how quickly, reliably, and affordably those systems can operate.
Groq’s LEAP journey:
First appeared on the LEAP stage in 2024, where the company signed a memorandum of understanding in Saudi Arabia.
One year later at LEAP 2025, Groq announced a $1.5 billion Saudi commitment to expand its AI inference infrastructure footprint.
Also in 2025, demonstrated live AI inference from its Dammam data centre, including ALLaM, the Arabic-first large language model developed by the Saudi Data and AI Authority.
The thing that stands out to us in that sequence is how visible the progression became. A public announcement evolved into operational infrastructure, demonstrated live in front of investors, enterprises, and policymakers gathered in Riyadh.
A QR code, a conversation, a pilot
On a completely different scale, Telo AI followed a similar principle. The company came to LEAP with its enterprise AI call agents. But instead of relying on long explanations about what the technology could eventually become, the team created an immediate experience – with QR codes printed on staff t-shirts, which connected attendees directly to a live AI call interaction.
Chohan said:
“The QR campaign was one of the most valuable experiments we ran. What we learned is that buyers don’t want to be told about AI, they want to experience it instantly.”
That design choice changed how people interacted with the company. Conversations started with a real experience of the product. And Telo AI carried the same approach into its follow-up process after the event – quickly launching pilots and tailored use cases.
“We treated every conversation at LEAP as the start of a sales process, not the end of one.”
So what could four days at LEAP change for you?
If you come with a clear sense of what you want LEAP to do for you, you can compress months of relationship-building into a few focused days.
A single conversation can become a pilot project.
A product demonstration can lead to investor interest.
An introduction in Riyadh can open the door to an entirely new market.
Because LEAP brings together the people startups spend most of the year trying to reach separately: enterprise buyers, government stakeholders, investors, infrastructure partners, media, and founders building at the edge of fast-moving industries.
And when those groups are all together in the same place, it’s a real opportunity to fast-track your goals.
The companies that gain the most from LEAP tend to understand this before they arrive. They come with meetings already booked, target accounts already identified, and demonstrations ready to run in real time. They think carefully about what happens after the first interaction, because they know the event itself is only the beginning of the process.
Groq used LEAP to make infrastructure progress visible to the market at exactly the right moment in the AI cycle. Telo AI used it to turn curiosity into active enterprise discussions within days. Both companies treated LEAP as part of a much larger trajectory for growth.
So if you’re planning for LEAP 2026, arrive with ambition – but also with structure.
Because the future direction of a business can change surprisingly fast when the right people meet at the right time.
Register now to join us at LEAP. 31 August – 3 September 2026. Start the conversations that will drive your next phase of growth.
Have an idea for a topic you'd like us to cover? We're eager to hear it. Drop us a message and share your thoughts.
Catch you next week,
The LEAP Team
CommentComment
Keep reading
Investors, watch closely: the inference shift
As AI shifts from training to inference, investors are watching latency, deployment speed, and compute efficiency influ…
What do you actually want AI agents to be?
The important question beyond the hype.
No one goes online anymore
The internet stopped being a place we visit – and became the environment we live inside.
LEAP:IN © 2026 – Unsubscribe
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Trump accuses China of massive US election data breach
President's allegations cast shadow on midterms and may jolt Washington-Beijing ties
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Rare-earth costs surge over 20% for Japanese firms, survey shows
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Japan plans to raise threshold for special shareholder meetings
Government and ruling party proposal would cut influence of activist investors
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Asian exchanges call for regional connectivity to capture capital inflows
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Toyota Tsusho ships auto parts to Mexico and Canada, cutting out US tariff
Pakistan’s new UAE passport service delayed ‘until further notice’
Pakistan planned to shift new applications and renewals in the UAE into the e-passport category from July 20
Emirates, Etihad and Air Arabia cancel routes to Kuwait amid US-Iran escalation
Emirates cancelled eight flights between Dubai and Kuwait on July 19, after Kuwait International Airport temporarily suspended arrivals and departures
European Central Bank on war footing amid borrowing cost fears
The conflict between the US and Iran is having an economic impact in Europe, with the ECB set to hike interest rates again
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Going places together.
Andy Burnham is expected to formally take office as UK Prime Minister next week in a Westminster reshuffle that will trigger ripple effects across the Gulf.
The former Mayor of Greater Manchester has waltzed unopposed in the race to replace Keir Starmer, with King Charles III set to invite him to form a government at Buckingham Palace on Monday.
Gulf leaders are expected to prioritise continuity over personality, with the UK seen as a key trade partner and strategic ally, but questions remain.
Burnham’s approach to tax, energy, foreign policy and investment will be under particular scrutiny, given all carry significant implications for the region.
The UK-Gulf brain drain could accelerate
The Gulf may be among the biggest beneficiaries if Burnham, 56, pursues a more interventionist economic agenda.
Nigel Green, CEO of global financial advisory giant deVere Group, warned that proposals including a possible annual land value tax, higher public spending and greater state involvement in domestic infrastructure risk accelerating the departure of wealthy individuals and entrepreneurs.
The warning comes after the UK recorded a net loss of around 16,500 millionaires in 2025, taking an estimated $91.8bn in wealth overseas, according to Henley & Partners.
“We’re already watching British nationals, not just foreign non-doms, actively plan their exit in numbers we haven’t seen before,” Green said.
For Gulf financial centres including Dubai, Abu Dhabi, Riyadh and Doha, any renewed wave of wealth migration could reinforce their appeal as global hubs offering lower taxes, political stability and expanding investment opportunities.
Green argued that combining property tax reforms with wider state intervention could become “the biggest wealth flight in a generation”.
Keir Starmer resigned as UK Prime Minister after succumbing to political pressure
Defence and regional security remain central
Burnham inherits a UK-Gulf relationship increasingly defined by defence cooperation.
Under Starmer, the UK strengthened military ties across the region while playing an active role during the recent Iran conflict and continuing security cooperation around the Strait of Hormuz.
Washington, meanwhile, is expected to press Burnham to increase UK defence spending even further, with US President Donald Trump reportedly seeking stronger commitments from European allies.
North Sea energy policy
One of the first policy areas attracting attention internationally is the UK’s energy strategy, with Ed Miliband widely tipped to take over as Chancellor of the Exchequer.
This may seem like a domestic issue, given North Sea production represents such a small part of global supply, but continued constraints would reinforce the UK’s reliance on imported energy from the Gulf.
Burnham’s position on this issue, therefore, could have serious ramifications on the region whether he chooses to capitalise on North Sea stocks or not.ASEAN ministers meeting, Indonesia rates decision, South Korea GDP
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Your Week in Asia: Nikkei Asia Unsubscribe
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Andy Burnham is expected to formally take office as UK Prime Minister next week in a Westminster reshuffle that will trigger ripple effects across the Gulf.
The former Mayor of Greater Manchester has waltzed unopposed in the race to replace Keir Starmer, with King Charles III set to invite him to form a government at Buckingham Palace on Monday.
Gulf leaders are expected to prioritise continuity over personality, with the UK seen as a key trade partner and strategic ally, but questions remain.
Burnham’s approach to tax, energy, foreign policy and investment will be under particular scrutiny, given all carry significant implications for the region.
The UK-Gulf brain drain could accelerate
The Gulf may be among the biggest beneficiaries if Burnham, 56, pursues a more interventionist economic agenda.
Nigel Green, CEO of global financial advisory giant deVere Group, warned that proposals including a possible annual land value tax, higher public spending and greater state involvement in domestic infrastructure risk accelerating the departure of wealthy individuals and entrepreneurs.
The warning comes after the UK recorded a net loss of around 16,500 millionaires in 2025, taking an estimated $91.8bn in wealth overseas, according to Henley & Partners.
“We’re already watching British nationals, not just foreign non-doms, actively plan their exit in numbers we haven’t seen before,” Green said.
For Gulf financial centres including Dubai, Abu Dhabi, Riyadh and Doha, any renewed wave of wealth migration could reinforce their appeal as global hubs offering lower taxes, political stability and expanding investment opportunities.
Green argued that combining property tax reforms with wider state intervention could become “the biggest wealth flight in a generation”.
Keir Starmer resigned as UK Prime Minister after succumbing to political pressure
Defence and regional security remain central
Burnham inherits a UK-Gulf relationship increasingly defined by defence cooperation.
Under Starmer, the UK strengthened military ties across the region while playing an active role during the recent Iran conflict and continuing security cooperation around the Strait of Hormuz.
Washington, meanwhile, is expected to press Burnham to increase UK defence spending even further, with US President Donald Trump reportedly seeking stronger commitments from European allies.
North Sea energy policy
One of the first policy areas attracting attention internationally is the UK’s energy strategy, with Ed Miliband widely tipped to take over as Chancellor of the Exchequer.
This may seem like a domestic issue, given North Sea production represents such a small part of global supply, but continued constraints would reinforce the UK’s reliance on imported energy from the Gulf.
Burnham’s position on this issue, therefore, could have serious ramifications on the region whether he chooses to capitalise on North Sea stocks or not.
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Your Week in Asia
July 20, 2026
ASEAN ministers meeting, Indonesia rates decision, South Korea GDP
ASEAN ministers meeting, Indonesia rates decision, South Korea GDP
Welcome to Your Week in Asia.
ASEAN foreign ministers gathering in Manila from Tuesday are expected to be joined by their counterparts from the U.S., China, Russia, Japan, Australia, Canada and the U.K. The ongoing civil war in Myanmar is expected to be one of the main items on the agenda, following an informal meeting between Myanmar Foreign Minister Tin Maung Swe and the ASEAN foreign ministers in Bangkok on July 12.
The weakness of the rupiah and the vulnerability of the Indonesian economy are in focus due to Bank Indonesia's upcoming rates decision, with the central bank indicating it might continue with rate hikes. Foreign capital outflows from the country's stock market and volatile energy prices are partly behind the weakening currency.
Get the best of our coverage of Asia and much more by following us on X, where our handle is @NikkeiAsia. We are also on Bluesky with the handle @asia.nikkei.com.
MONDAY
AirBorneo's inaugural flight
Malaysia's new regional airline, AirBorneo, will make its inaugural flight to Kuala Lumpur from Kuching on Borneo. The carrier, formerly known as MASwings, will start operations with two leased Boeing 737-800s and expand its fleet to 17 jets by 2030.
Data: Malaysia trade
TUESDAY
ASEAN foreign ministers meeting
Top diplomats head to Manila for a series of meetings to discuss ASEAN's approach to the energy crisis, Myanmar, the Thailand-Cambodia border conflict and the South China Sea code of conduct.
WEDNESDAY
Indonesia rates decision
Bank Indonesia has continued to raise its benchmark interest rates, including through an emergency hike last month, following the weakening of the rupiah, which has hit record lows several times in recent months. Bank Indonesia Gov. Perry Warjiyo earlier this month said the central bank will continue its efforts to stabilize its currency after S&P kept sovereign credit ratings for Indonesia unchanged.
Monetary policy: Sri Lanka
Data: Japan trade
THURSDAY
Hong Kong crypto and fintech event
The Wiki Finance Expo, billed as one of the biggest fintech events in Asia, kicks off in Hong Kong. The two-day conference is expected to attract over 12,000 attendees to hear hundreds of speakers and exhibitors talk about cryptocurrencies and other financial innovations.
South Korea GDP
South Korea releases gross domestic product data for the second quarter, after revising up its forecast for annual growth amid an artificial intelligence-led chip boom. In the previous quarter, the country returned to growth in part thanks to exports of semiconductors.
Data: Singapore inflation
FRIDAY
Anniversary of Thai-Cambodia conflict
Thailand and Cambodia commemorate the confrontation that led to fighting between the countries on July 24, 2025. The conflict continued until the two governments subsequently agreed to an unconditional ceasefire on July 28, 2025.
Data: Japan inflation, India purchasing managers index, Thailand trade
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Summer adventures on Asia's waterways
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Special Edition
July 20, 2026
Summer adventures on Asia's waterways
For many around the world, summer brings thoughts of water -- beach days, river adventures and island escapes.
With that in mind, we have curated a list of Life & Arts stories that explore Asia's waterways, from remote Indonesian islands and South Korea's lesser-known coastlines to Japan's rushing rivers and the rich ecosystems of the Mekong Delta.
Dive into these six stories to inspire your next journey:
Kayaking through Indonesia's remote archipelago
RAJA AMPAT, Indonesia -- The first law of the pilgrim is that the greater the effort spent getting to the destination, the greater the reward. Raja Ampat (Four Kings) is an archipelago of four large islands and 606 smaller ones in Indonesia's eastern province of Southwest Papua. Its waters harbor 1,320 fish species, 537 kinds of coral and one of the richest marine ecosystems on Earth. Blue whales can also be seen.
Read more
Exploring Sabah, Borneo's 'land below the wind'
KOTA KINABALU, Malaysia -- Agnes Keith, an American author who lived nearly a century ago in Sandakan, in the British protectorate of North Borneo -- now the Malaysian state of Sabah -- had a way with words. She described a 1937 party to celebrate the coronation of Britain's King George VI thus: "There are the pagan tribes of Borneo and the ladies of [the colonial town], drinking tea and eating cakes together ... And there in that scene too fantastic for fiction breathes the real heart of a non-racial empire that mankind could, if he would, build today."
Read more
Delving deep into Vietnam's Mekong Delta
HO CHI MINH CITY -- From its first gurgles in the mountains of Tibet, the Mekong River winds its way for more than 4,000 kilometers through China, Myanmar, Thailand, Laos and Cambodia. It then splits into nine channels in a region known as Cuu Long (Nine Dragons) to the Vietnamese, and "the rice bowl of Vietnam" to outsiders.
Read more
Rocks, paper and white-water rafts: 10 short trips from Tokyo
TOKYO -- I lived in London for many years, but to my shame I never visited Canterbury, home to a cathedral that was already old when Geoffrey Chaucer wrote the short-story collection "The Canterbury Tales" in the 14th century. Fast trains take less than an hour from the capital, so this is a bit like a Tokyo resident having never been to nearby Yokohama or Kamakura.
Read more
Sailing South Korea's less-traveled maritime paradise
TONGYEONG, South Korea -- Spread across the jagged tip of the Goseong Peninsula and neighboring Mireuk Island, the port city of Tongyeong in South Korea's South Gyeongsang province is best known as a balmy seaside escape nicknamed the "Naples of Korea."
Read more
Palau opens up -- carefully
PELELIU, Palau -- On the beach at Peleliu, the damp sand is a dull shade of khaki and the sea is the color of pewter. The sun sears my skin; my energy drains. It is seriously hot here, even for a visitor who hails from tropical Singapore. I am on Orange Beach, one of the main landing sites in the 1944 Battle of Peleliu, which was expected to last only a few days but dragged on for several months as U.S. forces sought to dislodge the Imperial Japanese Army from Palau.
China's role as 'swing importer' cushions oil market spike -- Our best from the weekend
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Best from the weekend
July 20, 2026
China's role as 'swing importer' cushions oil market spike
China's role as 'swing importer' cushions oil market spike
Ability to cut imports mitigates loss of supply due to Hormuz closure
Read the full story here
US-Iran war highlights vulnerability of Mideast undersea cables
Iran hints at damaging or monetizing data conduits in region with 30% of global traffic
Read more
Japan seeks stronger deterrence after China submarine missile launch
Security challenges could prompt calls to revisit non-nuclear stance
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China shutters 30,000 preschools and primary schools in a single year
Prolonged demographic slump is reshaping the country's vast educat
What is shaping Japan’s business?
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Most popular articles on Japan
Honda, Toyota embrace Chinese EV tech as Japan automakers play catch-up
Companies look to learn from Chinese rivals' fast, low-cost development
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KFC faces possible closures after cyberattack on Japan's Nichirei
Shares of food distribution company fall 5% as disruption widens
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From TVs to AI: Japan's old electronics giants tune into digital world
Panasonic, which once dominated products for the home, now turns to data centers
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Nippon Steel leads industry worldwide by profit per ton amid tough market
Downsizing, pricing power help buffer Chinese overproduction and weak demand
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Nvidia, Mitsubishi Heavy eye cooperation on AI data center cooling and power
Collaboration could help improve energy efficiency
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What you need to know about Southeast Asia now
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Southeast Asia's most-read stories
Taiwan's No. 2 chipmaker UMC starts photonic chip production in Singapore
Taiwan's No. 2 chipmaker UMC starts photonic chip production in Singapore
Optical tech combined with chip packaging seen as next-generation growth driver
Read the full story
Amazon's global strategy comes unstuck in Southeast Asia's localized market
Amazon's global strategy comes unstuck in Southeast Asia's localized market
American e-commerce giant phases out fulfillment services, trails far behind regional players
Read the full story
Thailand's oldest bank turns to virtual banking for growth
Thailand's oldest bank turns to virtual banking for growth
SCB X CEO Arthid Nanthawithaya eyes 3m customers for AI-powered platform
Read the full story
Vietnam seeks global capital for $1.5tn infrastructure push
Vietnam seeks global capital for $1.5tn infrastructure push
Finance center looks to attract investors from 2027 as domestic funding falls short
Read the full story
Malaysia to start initial production of homegrown EV battery in July
Malaysia to start initial production of homegrown EV battery in July
Country aims for exports to Indonesia, South Korea, India and Pakistan
Read the full story
Indonesia container terminal opens with Japan's support
Indonesia container terminal opens with Japan's support
Toyota-affiliate-backed operator will expand to handle growing cargo volumes
Read the full story
Honda to build electric scooter in Vietnam as soon as September
Honda to build electric scooter in Vietnam as soon as September
Japan motorcycle maker banks on continued electric shift in cities
Read the full story
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Fruit protections 07-18-2026 Japan Update
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Japan Update
July 18, 2026
Prized Japanese fruit, vegetable varieties get stronger legal protections
Prized Japanese fruit, vegetable varieties get stronger legal protections
TOKYO -- Japan passed revised legislation Friday to prevent unauthorized exports of seeds and seedlings of locally developed crop varieties like Shine Muscat grapes, as well as expand the rights of their creators, in a bid to protect Japanese brands.
Read the full story here
Top stories
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Japan's Rapidus partners with Cadence on AI agent chip design tools
Contract chipmaker looks to boost customer convenience amid mass production drive
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After KFC shortage warning, Japan frozen food supplier reboots from cyberattack
Nichirei works to restore warehouse, delivery systems as soon as next week
Read more
Global release of oil reserves averted Asian economic slowdown, Japan finds
IEA's 32 countries agreed to pump 400m barrels into market to ease supply shocks
Read more
Japan chemical maker to double capacity for material in AI server supply chain
Ishihara Sangyo holds high share in titanium dioxide for ceramic capacitors
Read more
Kyocera chief sees demand for chipmaking parts growing until 2030
Company will assess outlook carefully as it decides on capacity, CEO says
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Japan's Kawasaki Heavy proposes making naphtha from hydrogen
Energy sector looks to older technology for synthetic alternative
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