Baku, Azerbaijan, 2nd December 2025, ZEX PR WIRE, Member States of the International Telecommunication Union (ITU) have agreed on a roadmap aimed at ensuring everyone’s access to the internet worldwide. This decision was adopted today at the World Telecommunication Development Conference (WTDC-25), which concluded in Baku.

The two-week event was organized through a partnership between ITU and the Ministry of Digital Development and Transport of the Republic of Azerbaijan. Held for the first time in the CIS region in Azerbaijan, the conference provided a platform for discussions on regional and international digital development strategies.

“As President of the Republic of Azerbaijan Ilham Aliyev emphasized in his address, Baku became the place where Member States and partners agreed on practical outcomes to guide ITU’s development work for the next four years,” stated Rashad Nabiyev, Minister of Digital Development and Transport. “Working alongside our partners, Azerbaijan has contributed to shaping these outcomes. The adoption of the Baku Declaration, which includes a reference to the COP29 Declaration on Green Digital Action, reflects our shared commitment to an inclusive and sustainable digital future.”

The resolutions adopted during the conference address various areas including spectrum management, cybersecurity, digital inclusion, ICT application and regulation, innovation, and the deployment of digital technologies in remote areas.

The Baku Action Plan, the conference’s principal outcome document, defines the core directions for human-centered digital development through telecommunications and ICT. The plan gives priority especially to the needs of developing countries, communities with limited access to digital services, and vulnerable population groups.

Currently, more than 2 billion people worldwide do not have access to the internet. The four-year plan covering 2026-2029 will support the development of universal, meaningful and affordable connectivity for an inclusive and sustainable digital future.

“WTDC-25 has brought us closer to our goal of making connectivity universal, meaningful and affordable for everyone, everywhere in this decade,” said ITU Secretary-General Doreen Bogdan-Martin. “The Baku Declaration and Action Plan is our roadmap towards human-centered digital development that leaves no one behind.”

The Baku Action Plan encompasses regional initiatives, new and updated resolutions to guide ITU’s digital development activities, as well as recommendations for ITU’s Telecommunication Development Sector (ITU-D). The document also defines technical issues to be examined by the organization’s expert groups.

Regional initiatives in the Action Plan address key priorities for digital development across ITU’s six world regions, such as ensuring infrastructure access, enhancing digital skills, and providing inclusive services. ITU plans to build partnerships and mobilize resources for projects that meet identified regional needs.

“The outcomes of WTDC-25, contained in the Baku Action Plan, reflect the needs, priorities and the aspirations of our membership in a forward-looking and results-oriented agenda for digital development and impact,” said Cosmas Luckyson Zavazava, Director of ITU’s Bureau of Telecommunication Development. “The Plan outlines the roadmap of action to bridge the remaining digital divides, while addressing the unique needs of Least Developed Countries, Landlocked Developing Countries and Small Island Developing States. We look forward to delivering tangible results and accelerating digital transformation by working with governments and regulators to create an enabling policy and regulatory framework that paves the way for industry and private sector to invest and contribute to our efforts to close infrastructural gaps so we may achieve meaningful connectivity and bring everyone online.”

During the conference, ITU presented the Global Connectivity Report 2025. The report provides recommendations for ensuring that people everywhere can access high-quality internet services at affordable prices.

Several agreements were also signed during the event. A two-year project will be implemented to ensure the sustainability of national “Smart Villages” and “Smart Islands” programs in the Asia-Pacific region. This initiative will serve as a model for enhancing digital skills and providing access to digital services in rural and remote communities, benefiting 3,000 people across seven countries.

A project will also be carried out in the CIS region to support the development of professional and digital skills. The project will be implemented in partnership with the international organization Intersputnik and will benefit 300 professionals working in satellite communications and broadcast technologies.

WTDC-25 also featured a high-level dialogue for Least Developed Countries (LDCs), Landlocked Developing Countries (LLDCs), and Small Island Developing States (SIDS). Countries representing these groups shared their plans to expand broadband coverage, advance people-centered sustainable development, and ensure a secure digital future for all.

The Global Manufacturing Innovation Forum 2025 took place on Tuesday, November 25, 2025, at The Ritz-Carlton Hotel in Riyadh. The forum was designed to introduce a comprehensive industrial ecosystem connecting Dongguan, China, widely known as the “World Factory,” with Saudi Arabia’s long-term economic development objectives.

The forum formally launched several strategic initiatives, including:

• Dongguan Youpin (Saudi Arabia) Exhibition & Sales Showroom, a permanent showroom that presented Dongguan’s manufacturing products and services.

• Administrative Office Spaces in Central Riyadh, which served as a strategic base for Dongguan companies entering the Saudi market.

• Saudi–Dongguan Industrial Development Zone, a dedicated zone created to promote joint manufacturing, technology exchange, and industrial localization in line with Saudi Vision 2030.

The forum also announced the next phase of this collaboration through the Global Manufacturing Innovation Expo and Conference 2026, scheduled for August 8, 2026, in Riyadh, Saudi Arabia.

Strengthening Industrial Cooperation

This initiative was structured to move beyond traditional trade by creating a full support framework for Saudi and Chinese businesses. The Exhibition Showroom was designed to provide direct access to the Saudi market, the Administrative Offices supported operational activities, and the Industrial Development Zone was established to enable long-term manufacturing cooperation, reinforcing Saudi Arabia’s goals for industrial diversification and improved production efficiency.

Future Manufacturing Focus

The forum gathered industry leaders and experts who discussed advanced manufacturing solutions, integrated supply chains, and joint investment opportunities. The event supported Saudi companies seeking innovation and international partnerships to drive business growth and industrial localization.

Leadership Statements

Dr. Rashed Osman, Executive Director of SACNCO and Chairman of SAMYCNCO Group of Companies, said, “Today, we are not simply opening a showroom or office; we are creating the foundation of a thriving industrial corridor. The launch of the Saudi–Dongguan Industrial Development Zone demonstrates our commitment to knowledge transfer, co-production facilities, and the development of a sustainable manufacturing ecosystem aligned with Vision 2030 and Belt and Road initiatives.”

Mr. Abdul Malik Asaker, Executive Consultant and Senior Public Relations Director, stated:

“By establishing administrative offices and a permanent showroom in Riyadh, Dongguan companies are being given a central operational base in Saudi Arabia. Combined with the Industrial Development Zone, this structure allowed Saudi companies to develop deeper partnerships that extended beyond procurement into research, development, and joint industrialization.”

Madam Hu Yanhong, President of Dongguan Yuhong Foreign Trade Comprehensive Service Co., Ltd. (SACNCO YUHONG), stated, “Our partnership with SAMYCNCO Group of Companies and World Peace Development, under the shared vision of strengthening Saudi–Chinese economic ties, represented a milestone in international industrial cooperation. The Dongguan Youpin Exhibition & Sales Showroom served as a permanent window to showcase the quality and innovation of ‘Made in Dongguan’ products. Together with our administrative offices and the Industrial Development Zone, we built a complete ecosystem that created lasting value for both nations.”

She further emphasized, “This partnership embodied our commitment to not only facilitate trade but to establish deep-rooted industrial collaboration. It directly supported Saudi Arabia’s Vision 2030 and China’s Belt and Road Initiative, while providing Dongguan manufacturers with a strategic gateway to Middle Eastern markets. This integrated approach set new standards for international economic cooperation.”

Strengthening Saudi–China Industrial Relations

This forum represented an important step in strengthening Saudi–China cooperation by creating a practical framework for long-term economic partnership and industrial expansion.

Event Invitation

Companies were invited to participate in the Global Manufacturing Innovation Expo and Conference on 08 August 2026 to explore cooperation opportunities between Saudi and Dongguan Chinese manufacturers.

The Expo supported:

• Supply chain development

• Industrial knowledge exchange

• Joint manufacturing projects

• Cross-border investment

• One-on-one business meetings

7 Billion SAR Saudi–Dongguan Collaboration

A consortium comprising nine Saudi and nine Dongguan-based enterprises established a strategic collaboration framework valued at an estimated 17 billion SAR. The agreement was finalized during high-level meetings in Dongguan and targeted synergistic growth across multiple sectors. Key areas of cooperation included intelligent robotics, AI, digitization, industrial manufacturing, supply chain logistics, health tech, and blockchain.

This partnership represented one of the most substantial direct investment initiatives between Saudi private sector entities and the manufacturing heartland of the Greater Bay Area, signaling expanded cross-border industrial and technological exchange.

Participating Companies

Saudi Arabian Delegation

• Al-Asaker Company – Mr. Ali Mohammed Al-Shamrani
• Localization of Innovation – Eng. Tareq Al-Haidari
• First Expertise – Dr. Abdulmalik
• DepTech Company – Dr. Hosna Imam
• Rawad Al-Azm for Economic Consulting – Dr. Hani Al-Harbi
• Roya Agricultural Solutions – Mr. Turki Al-Wadaani
• Alosmania Industrial Company – Mr. Abdulrahman Kharrat
• Diwan Construction Corporation for General Contracting – Mr. Abdullah Al-Marhabi
• Bawazeer for Foodstuff Co., LTD – Mr. Bawazeer

Dongguan Chinese Delegation

• Dongguan Osman Supply Chain Co., Ltd. – Mrs. Wenmin Chen
• Guangdong Xiangcheng Group Co., Ltd. – Mr. Yin Fengtian
• Dongguan Yuhong Foreign Trade Comprehensive Service Co., Ltd. – Mrs. Hu Yanhong
• Leader (Guangdong) Life Health Technology Co., Ltd. – Ms. Fan Hui
• Guangdong Weimei Engineering Design Co., Ltd. – Mr. Deng Jianjun
• Dongguan Chengfeng Wool Textile Co., Ltd. – Mr. Huang Yongpeng
• Dongguan Yuanzong Furniture Co., Ltd. – Mr. Ren Peijing
• Guangdong Doni Intelligent Robot Engineering Technology Research Center Co., Ltd.
• (Guangdong Leiyang Intelligent Technology Co., Ltd.) – Ms. Dan Du
• Dongguan Silang Food Co., Ltd. – Mr. Winson Yuan

Delegation Cooperation

Saudi companies contributed strategic investment, market expertise, and focus on sectors aligned with Saudi Vision 2030, including food security, construction, industrialization, and economic diversification. Dongguan companies contributed manufacturing capabilities, health and robotics innovation, engineering expertise, and supply chain solutions.

A spokesperson for the joint initiative stated:

“This expected 17 Billion Saudi Riyal collaboration reflected the strong alignment between Saudi Arabia’s economic vision and Dongguan’s manufacturing and innovation strengths. The cooperation supported the flow of goods, technology, and expertise while setting a new benchmark for Saudi–China commercial partnerships.”

Initial Collaboration Focus

The collaboration initially focused on:

• Joint ventures

• Technology transfer

• Co-development of products for Middle Eastern and global markets

Several flagship projects were expected to follow.

About the Delegations

The Saudi delegation consisted of companies and consultancies active in sectors critical to the Kingdom’s future.

The Dongguan delegation represented one of China’s most active manufacturing and export regions, widely known as the “World’s Factory.”

Signing Ceremony Attendance

The signing ceremony was attended by senior officials from the Kingdom of Saudi Arabia and the City of Dongguan.

Saudi Officials Present from various ministries and authorities

• Ministry of Investment
• Ministry of Industry
• Ministry of Municipalities and Housing
• Minister of Agriculture and Environment
• Ministry of Ports
• Transport Authority
• MODON
• Saudi Industrial Development Fund
• Riyadh Chamber of Commerce

Saudi Business Leaders Present

• Mr. Hamza Al-Faraidi
• Engineer Tariq Al-Haidari
• Mr. Abdullah Al-Mubarak
• Mr. Fawaz Al-Adwani
• Mr. Mohammed Al-Arjani

Dongguan Officials Present

• H.E. Mr. Wei Hao – CPC Dongguan Municipal Committee
• H.E. Mr. Huang Tianliang – Dongguan Municipal Committee of the Communist Party of China
• Mr. An Qi – Dongguan Municipal Foreign Affairs Bureau
• Mr. Zhang Jianliang – Dongguan Municipal Commerce Bureau
• Mr. Ma Weilin – Dongguan Investment Promotion Bureau

Media Contact

Organization: Dongguan World Factory

Contact Person: Sacnco Yuhong

Website: https://dongguanworldfactory.com/

Email: Send Email

Contact Number: +966537816888

Country:Saudi Arabia

Release id:38316

The post Global Manufacturing Innovation Forum 2025 and Saudi–Dongguan Businesses Announced 17 Billion SAR Collaboration appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

Initiating Localized Service Upgrade and Deepening Commitment to OSC/CSA Regulatory Framework

Lumixus Canada Securities Ltd today announced its official establishment and the commencement of operations in Toronto, the country’s leading financial hub. The newly formed entity, registered with a capital base of $10 million CAD, will serve as a central strategic unit for the Lumixus Group in North America, undertaking responsibilities related to investment management, research, and regional operational development.

The launch of Lumixus Canada Securities Ltd represents a structural step in the Group’s efforts to expand its presence in the North American market. The company’s role will focus on two primary areas of responsibility:

North American Investment Management and Research Headquarters — The subsidiary will oversee macroeconomic analysis, quantitative strategy research, and multi-asset management activities across the region, supporting Lumixus Group’s global decision-making capabilities.

Localized Operations Center — The Toronto office will manage client services, investor engagement programs, and communication with Canadian regulatory authorities to ensure smooth and compliant regional operations.

Lumixus Canada Securities Ltd emphasized its commitment to operating within Canada’s regulatory framework. The company will adhere to the standards of the Canadian Securities Administrators (CSA) and the Ontario Securities Commission (OSC). It has submitted registration filings to the Investment Industry Regulatory Organization of Canada (IIROC) as part of its preparation to meet national requirements for securities operations. Client assets will be administered under CDS Clearing and Depository Services, with applicable protections in accordance with industry standards.

To support market education initiatives, the company is preparing to introduce the “Lumixus Academy” Investor Education System, an educational platform offering market insights, risk-management training, and introductory sessions on trading in Canadian and global markets. The program will be led by experienced analysts and delivered through online and in-person learning formats.

A company spokesperson stated:

“Establishing Lumixus Canada Securities Ltd reflects our long-term plans for North America. By focusing on research, regulatory alignment, and localized service development, we aim to contribute positively to the Canadian financial ecosystem.”

About Lumixus Canada Securities Ltd

Lumixus Canada Securities Ltd is a Canadian-based securities institution focused on the domestic stock, ETF, futures, and options markets. With a registered capital of $10 million CAD, the company serves as the Lumixus Group’s North American Investment Management and Research Headquarters. Its operations follow the regulatory frameworks of the CSA and OSC, with ongoing registration processes under IIROC.

Media Contact

Organization: Lumixus Canada Securities Ltd

Contact Person: Henry Jo

Website: https://lumixus.com/

Email: Send Email

Contact Number: +16479307520

Country:Canada

Release id:38258

The post Lumixus Canada Securities Ltd Officially Launched: Becomes Group’s North American Investment Management and Research Headquarters with $10 Million CAD Registered Capital appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section