Latest news with #ApexEnergy
India.com
05-06-2025
- Business
- India.com
India's neighbor finds JACKPOT worth Rs 80000 crore! The treasure is..., US, China are interested due to...
Representational Image/AI-generated. Pakistan gold deposits: In some rare piece of good news for Pakistan, India's enemy next door has reportedly discovered huge deposits of placer gold in Attock and Mansehra districts in Punjab and Khyber Pakhtunkhwa provinces, respectively, estimated to be worth a staggering Rs 80,000 crore. As per Pakistani media reports, the state-owned National Engineering Services Pakistan (NESPAK) has reportedly discovered a huge placer gold deposit has been found on the banks of the Indus River in Attock district. Pakistani scientists have claimed the the placer gold deposit in Attock is estimated to be worth around $9.6 billion (about Rs 80,000 crore). US and China eyeing Pakistan's treasure? Meanwhile, the giant gold deposit has captured the attention of investors from all over the world, including those from China and the United States. Unconfirmed reports claim a Texas-based investor, Gentry Thomas, who is a friend of US President Donald Trump's son Donald Trump Jr, has already signed a deal in this regard with Apex Energy, a Pakistani private energy company. Under the agreement, the Pakistani and US firms will jointly conduct excavations to find gold deposits along the Indus River, according to reports. Extensive research was conducted in the Attock and Mansehra district which led to the discovery of placer gold deposits, reports said. Geologists used advanced geochemical and geophysical exploration techniques to find traces of gold deposits, while mining operations will be conducted over an area spanning 4579 square kilometers in Mansehra, and 6857 square kilometers in Attock district. Pakistan strikes gold in Gilgit Earlier this year, reports emerged that Pakistan has discovered larges reserves of gold, copper, nickel and cobalt in the Gilgit-Baltistan region. According to Pakistani media reports, at least ten mineral blocks have been discovered in Gilgit-Baltistan, where the presence of gold, copper, nickel and cobalt was confirmed during a state-funded survey. The reports further revealed that Pakistan is exploring potential mineral resources in Chiniot in Punjab province. As per a report by Pakistan-based Express Tribune, OGDCL is in talks with Punjab's Mineral Department to expedite the process. How placer gold deposits are formed? Placer gold deposits are formed when gold particles, along with other heavy minerals, are moved and sorted by natural forces like erosions and water flow, resulting in the gold being concentrated along places like riverbeds, beaches, and desert regions. This phenomenon takes millions of years, as the accumulated gold is slowly transported and deposited by water, wind, and other sources from the original source. Experts believe that the recent discoveries of gold and other rare minerals could provide a significant boost to the crumbling Pakistan economy which currently lies in tatters due to high inflation, food insecurity, and dwindling foreign exchange reserves.
Trade Arabia
21-05-2025
- Automotive
- Trade Arabia
Enercap, ROX Motor to pioneer sustainable EV energy storage
Enercap by Apex Energy, the UAE based supercap energy storage manufacturer and ROX Motor, formalized a strategic partnership during the Make it in the Emirates (MIITE) 2025. Aligned with national strategies such as Operation 300Bn, UAE Industry 4.0, and the Net Zero by 2050 initiative, this agreement establishes a pathway for deeper localization, industrial growth, and regional integration, while reinforcing our long-term commitment to the UAE's industrial development and sustainable mobility ambitions, said the company in a statement. Enercap's energy storage systems are designed, developed and manufactured in the UAE. ROX's collaboration with Enercap will enable an advanced nonchemical supercapacitor-based energy storage to be applied to the ROX vehicle range. This will enable extended range, fast charging and discharging, no thermal runaway as well as an environmentally sustainable energy storage system with a zero degradation, extended long life, it added. Enercap's partnership with ROX will enable the company to deploy into the EV sector which accounts for >70% of the global market share in energy storage, it stated. Enercap delivers an energy storage system that increases vehicle range, supports a 6-minute 100% charge, is an environmentally sustainable product using synthetic graphene as the main material in its energy storage system. Ahmed Amer Omer, the MD Apex Investment PSC and Enercap, said: "This partnership marks a significant milestone in advancing clean, high-performance energy storage within the EV sector. By combining Enercap's breakthrough supercapacitor technology with ROX Motor' EV platform, we are enabling faster charging, greater efficiency, and more sustainable mobility. It also reflects our long-term commitment to industrial innovation, local manufacturing, and building a resilient, future-ready supply chain." Jarvis Yan, Founder and CEO, ROX Motor, said: "At ROX Motor, we are committed to pushing the boundaries of electric mobility - performance, design, and sustainability must move together. Partnering with Enercap allows us to integrate cutting-edge energy storage that aligns with our philosophy of innovation without compromise. This is more than a technical upgrade; it's a strategic leap toward the next generation of clean, efficient transport." The partnership will drive the demand for high-performance battery technologies, integrate lightweight and recyclable aluminum components, and localize vehicle manufacturing and assembly, this supports, stated Jan. Enercap's broader ESG agenda is aimed at helping to build a robust, closed-loop supply chain, said Omer.
Zawya
21-05-2025
- Automotive
- Zawya
Enercap by Apex Energy and ROX Motor forge UAE-based partnership to pioneer sustainable EV energy storage
Enercap's locally developed supercapacitor energy storage system to power ROX's next-generation electric vehicle lineup, delivering high performance with UAE-engineered innovation. Partnership accelerates local EV manufacturing, circular supply chains, and next-generation energy tech. Strategic alignment with national priorities including Operation 300Bn, UAE Industry 4.0, and the Net Zero by 2050 initiative, advancing industrial resilience and clean technology leadership. Abu Dhabi: Enercap by Apex Energy, the UAE based supercap energy storage manufacturer and ROX Motor, formalized a strategic partnership during the Make it in the Emirates (MIITE) 2025. Aligned with national strategies such as Operation 300Bn, UAE Industry 4.0, and the Net Zero by 2050 initiative, this agreement establishes a pathway for deeper localization, industrial growth, and regional integration, while reinforcing our long-term commitment to the UAE's industrial development and sustainable mobility ambitions. Enercap's energy storage systems are designed, developed and manufactured in the UAE. ROX's collaboration with Enercap will enable an advanced nonchemical supercapacitor-based energy storage to be applied to the ROX vehicle range. This will enable extended range, fast charging and discharging, no thermal runaway as well as an environmentally sustainable energy storage system with a zero degradation, extended long life. Enercap's partnership with ROX will enable the company to deploy into the EV sector which accounts for >70% of the global market share in energy storage. Enercap delivers an energy storage system that increases vehicle range, supports a 6-minute 100% charge, is an environmentally sustainable product using synthetic graphene as the main material in its energy storage system. Ahmed Amer Omer, MD Apex Investment PSC and Enercap said: " This partnership marks a significant milestone in advancing clean, high-performance energy storage within the EV sector. By combining Enercap's breakthrough supercapacitor technology with ROX Motor' EV platform, we are enabling faster charging, greater efficiency, and more sustainable mobility. It also reflects our long-term commitment to industrial innovation, local manufacturing, and building a resilient, future-ready supply chain.'' Jarvis Yan, Founder and CEO, ROX Motor added: '' At ROX Motor, we are committed to pushing the boundaries of electric mobility—performance, design, and sustainability must move together. Partnering with Enercap allows us to integrate cutting-edge energy storage that aligns with our philosophy of innovation without compromise. This is more than a technical upgrade; it's a strategic leap toward the next generation of clean, efficient transport.'' The partnership will drive the demand for high-performance battery technologies, integrate lightweight and recyclable aluminum components, and localize vehicle manufacturing and assembly, this supports Enercap's broader ESG agenda helping to build a robust, closed-loop supply chain. These initiatives reinforce the partnerships long-term commitment to regional industrial development, while enhancing the driving experience for users. About Enercap: At Enercap, we are revolutionizing energy storage with cutting-edge technology, advanced manufacturing, and a steadfast commitment to sustainability. Our expertise spans across manufacturing, research & development, and industry collaborations, ensuring that we deliver high-performance energy solutions tailored for a sustainable future. About ROX Motor: Founded in 2021, ROX Motor is committed to becoming the leading new energy vehicle brand for outdoor lifestyle enthusiasts worldwide by 2030. In August 2023, the company launched its first model, ROX 01 – a luxury all-terrain SUV that seamlessly integrates everyday comfort, off-road performance, and versatile outdoor lifestyle experiences. By December, customer deliveries began, offering users a vehicle equally suited to urban commuting, long-distance travel, wilderness expeditions, and immersive camping adventures. In April 2024, ROX Motor made its international debut at the Abu Dhabi Auto Show with ROX 01, marking the start of its global journey - rooted in China, envisioned for the world. To date, ROX Motor has entered nearly 30 global markets across the Middle East, Central Asia, and Africa, earning widespread recognition and acclaim from local consumers.
Zawya
20-05-2025
- Business
- Zawya
EPointZero signs Landmark 1 Gigawatt-Hour Deal with Enercap by Apex Energy, making this one of the largest transactions in energy storage globally
The agreement marks a pivotal step in scaling transformative energy storage infrastructure across the UAE and globally. Abu Dhabi: EPointZero, the decarbonization arm of 2PointZero—a global investment platform—today announced the strategic purchase of a 1 GWh battery system from UAE based Enercap by Apex Energy, the supercap energy storage manufacturer. The transaction represents a bold move to fortify global energy transition frameworks and scale resilient infrastructure to accelerate a net-zero future. The agreement was signed at the Make it in the Emirates Forum 2025 taking place in Abu Dhabi from 19th – 22nd May 2025, by H.E. Mariam Almheiri, Group CEO of 2PointZero and Mr. Ahmed Amer Omar, Managing Director of Apex Investment PSC and Enercap. The agreement signing was witnessed by Mr. Mohamed Hesham, Group CIO of 2PointZero, Mr. Waseem Ashraf Qureshi, CEO-CTO & Inventor Enercap by Apex Energy and Mr. Khalifah Khoury Chairman, Enercap by Apex Energy, reflecting a strong institutional alignment and a shared commitment to advancing clean energy innovation in the UAE and globally. This industry leading energy storage system is set for deployment across electrical grids in the UAE, accelerating the energy transition and the pathway to Net Zero. Enercap's proprietary storage solution, based on supercapacitor innovation, offers the world's first non-chemical, electrostatic energy storage system that functions with traits of capacitor-based capabilities that can now behave like batteries. This technology is the first of its kind to be launched globally on an industrial scale. Commenting on the transaction, H.E. Mariam Almheiri, Group CEO of 2PointZero, said: 'This investment marks an important step in advancing our mission to catalyze the global transition to low-carbon energy. At EPointZero, we are committed to enabling next-generation infrastructure that is not only cleaner, but smarter and more resilient. Partnering with Enercap allows us to embed cutting-edge storage capabilities into energy systems that must be scalable. This is how we drive tangible progress—by aligning breakthrough innovation with long-term sustainability goals.' Mohamed Hesham, Group CIO of 2PointZero, added: ''This partnership represents a pivotal opportunity in aligning our portfolio with emerging technologies and energy solutions. By leveraging Enercap's offering, we position ourselves to deliver long-term decarbonizing solutions to the energy sector while staying ahead in the evolving landscape. This is not just a financial commitment, but a strategic milestone that aligns perfectly with the UAE's vision for innovation and sustainable growth.'' Mr. Ahmed Amer Omer, MD Apex Investment PSC and Enercap: '' We are pleased to collaborate with EPointZero on this milestone initiative that brings advanced energy storage solutions to the forefront of global sustainability efforts with technology designed, developed and manufactured in the UAE. Our technology is designed to meet the growing need for efficient, scalable, and environmentally responsible storage infrastructure.' The transaction underscores the UAE's continuous leadership in responsible investments, reaffirming the commitment to fostering future economies through strategic innovation. About 2PointZero: 2PointZero, a subsidiary of IHC (International Holding Company), was founded in 2023 as a transformational investment platform focused on making strategic investments in emerging technologies and future-sustaining businesses to create a globally diversified and resilient portfolio. 2PointZero brings together a suite of innovative and established UAE subsidiaries, including Chimera Investments, Lunate Capital, Beltone, Sagasse, EPointZero and International Resources Holding (IRH) under one transformational umbrella, placing 2PointZero at the forefront of key sectors including financial services, consumer goods, mining resources, technology and energy. Our Dynamic Value Network is sector agnostic, allowing it to connect capabilities across our portfolio to unlock new pathways for growth and create measurable value for investors while empowering communities, fostering sustainable ecosystems, and driving groundbreaking technological advancements. About Enercap: At Enercap, we are revolutionizing energy storage with cutting-edge technology, advanced manufacturing, and a steadfast commitment to sustainability. Our expertise spans across manufacturing, research & development, and industry collaborations, ensuring that we deliver high-performance energy solutions tailored for a sustainable future.
India.com
18-05-2025
- Business
- India.com
From Pakistan to Bangladesh via Turkey... who is this close friend of Donald Trump's family busy in striking deals after..., he is now...
New Delhi: India launched a fearless attack on nine terror bases in Pakistan and PoK on May 9 to avenge the killing of innocent tourists in Jammu and Kashmir's Pahalgam. Under 'Operation Sindoor', the brave Indian Armed Forces destroyed the main terror camps operating in Pakistan and killed over 100 dreaded terrorists. On May 12, both India and Pakistan announced ceasefire, with Prime Minister Narendra Modi asserting that India has only 'paused' military action and will retaliate on its own terms if another terror attack occurs. 'We will be monitoring every step of Pakistan,' PM Modi said, ruling out any dialogue unless it pertains to terrorism or the return of Pakistan-occupied Kashmir. 'Terror and talks can't go together. Nor can terror and trade,'| he added. Gentry Thomas Beach's name started gaining traction after Operation Sindoor and the shocking yet balanced statement by US President Donald Trump regarding Pakistan. It has now raised questions about the Trump family's potential ties to Pakistan's 'deep state.' Who is Gentry Thomas Beach: Beach is an investor from Texas and a college friend of Donald Trump Jr. Reports suggest that after Trump became president, Beach maintained close links with countries like Pakistan, Turkey, and Bangladesh from the very beginning. The first surprising fact is that Beach visited Pakistan just 10 days after Trump's inauguration. On January 30, he was in Islamabad. Claiming to be a 'close associate of Trump,' he arrived there with a team of potential investors. This team came under the banner of a company called White Bridge Global. Shocking Claim by Pakistani Media Beech met with Pakistan's Prime Minister Shehbaz Sharif and said that the United States cares about Pakistan, according to the reports. 'You are our front face in this entire region, very important,' he stated. Beech committed to invest billions of dollars to transform the face of Karachi and Islamabad. His next move was even more intriguing — signing a deal with a Pakistani company called Apex Energy. The purpose of this deal was to explore and develop the placer gold reserves found along the banks of the Indus River. According to local reports, the estimated value of this gold is said to be 50 trillion dollars. Coincidentally, a few months ago, Pakistan's National Engineering Services claimed they had discovered a massive placer gold block worth Rs 80,000 crore near the Indus River in Attock. After Islamabad, they reached Dhaka, and then… Gentry Thomas Beach reached Dhaka after Islamabad. There, they met with Bangladesh's Chief Advisor Mohammad Yunus, leaders of Jamaat-e-Islami, and officials from the Bangladesh Investment Development Authority. During the visit, they expressed interest in investing in the energy and mineral sectors through their second company, Highground Holdings. On Tuesday, their company White Bridge Global signed another major deal in Dubai, this time a fifty-fifty partnership with Turkish company Terra Holdings. This has formed a new triangular axis that is concerning for India — Türkiye, Pakistan, and the new Bangladeshi regime.
