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The Gaziantep Carpet Fair, which will unite the leading companies in the carpet industry, is set to be hosted by the Tüyap Exhibitions Group

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The Gaziantep Carpet Fair

It will feature a wide range of products including machine-made carpets, rugs, mats, prayer rugs, textile floor coverings (wall-to-wall), fibres, yarns, textiles, as well as textile machinery and accessories

ISTANBUL, Turkey, April 3, 2024/APO Group/ — 

Gaziantep, known as the capital of the carpet sector in Türkiye, is gearing up to host the Gaziantep Carpet Fair for the first time this year, organized by the Tüyap Exhibitions Group (www.Tuyap.com). The event, in collaboration with the Gaziantep Chamber of Commerce, will take place at the Gaziantep Middle East Fair Center (OFM) from May 28 to 31, 2024. It is supported by the Gaziantep Governorship, the Gaziantep Metropolitan Municipality, the Southeastern Anatolia Carpet Exporters Association (GAHİB), and the Gaziantep Chamber of Carpenters and Weavers.

The fair aims to attract numerous visitors from North Africa and Europe – primarily from the Middle East region. It will showcase all the sector’s production items, including handmade carpets and prayer rugs

The fair is designed to significantly contribute to the commercial objectives of the carpet sector. It will feature a wide range of products including machine-made carpets, rugs, mats, prayer rugs, textile floor coverings (wall-to-wall), fibres, yarns, textiles, as well as textile machinery and accessories.

It is anticipated that numerous international visitors from the United Arab Emirates, Germany, Iraq, Egypt, Libya, UK, Bulgaria, France, Australia, the Netherlands, Switzerland, Italy, Spain, South Korea, Russia, Malaysia, Kuwait, Saudi Arabia, Nigeria, and Kenya will attend the fair.

Participants will include 40 different companies from 10 countries and nearly 200 companies in total, showcasing thousands of square meters of carpets

Gaziantep will showcase its potential to the world

İlhan Ersözlü, General Manager of Tüyap Fairs Productions Inc., noted that Gaziantep is a global leader in the production and export of machine-made carpets, stating, “Such potential needs to be better recognized worldwide and in our own country. We believe that our Gaziantep Carpet Fair, which the Tüyap Exhibitions Group is organizing for the first time, will create a significant impact this year. So far, the sales of the fair have reached halfway. Participants will include 40 different companies from 10 countries and nearly 200 companies in total, showcasing thousands of square meters of carpets. The fair will occupy two halls over an area of 30,000 square meters, featuring all the sector’s production items, including handmade carpets, woven floor coverings, and prayer rugs.”

Tuncay Yıldırım, Chairman of the Board of Directors of the Gaziantep Chamber of Commerce, highlighted that the carpet sector is a cornerstone of Gaziantep’s economy. He expressed both excitement and optimism for the upcoming Gaziantep Carpet Fair, set to commence on May 28. Yıldırım mentioned, “Gaziantep, with its powerful production infrastructure and market share, is well positioned to set trends in world carpet fashion and is preparing to welcome the global carpet industry from May 28 to 31. The prospect of sector representatives from around the world gathering in our city for the Gaziantep Carpet Fair is thrilling. I am confident that this fair will significantly benefit our local companies in the sector by strengthening existing business relationships and fostering new ones. Moreover, the fair should have a positive impact on the recovery and restoration of trade and production in our region, which suffered substantial damage from the earthquakes on February 6. We look forward to welcoming all sector representatives to Gaziantep on May 28.”

3 billion dollars in carpet exports

The global trade volume of the carpet sector has reached 17.2 billion dollars. Türkiye exports approximately 3 billion dollars’ worth of carpets to 117 countries, ranking second globally in all types of carpets and first in machine-made carpet production. Among the top ten export destinations are the USA (accounting for 45 percent), Iraq, England, Germany, the United Arab Emirates, Saudi Arabia, Libya, Russia, and Kazakhstan.

The Gaziantep Carpet Fair can be visited from 10:00 to 18:00 on May 28-30, 2024, and from 10:00 to 17:00 on May 31, 2024.

Distributed by APO Group on behalf of TÜYAP.

Energy

Venezuela Energy Week Confirms 19 August Date for Houston Industry Showcase

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Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the Houston Industry Showcase will take place on 19 August, convening U.S. energy leaders ahead of Venezuela Energy Week 2027 in Caracas

HOUSTON, United States of America, August 10, 2026/APO Group/ –The organizers of Venezuela Energy Week (VEW) have confirmed that the Houston Industry Showcase will take place on 19 August 2026 at The Post Oak Hotel. Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the event will bring together U.S. energy companies, investors and policymakers to explore commercial opportunities ahead of Venezuela Energy Week 2027 in Caracas in February.

The showcase will feature Minister of Hydrocarbons Paula Henao as a keynote speaker, providing an update on Venezuela’s energy priorities, investment agenda and opportunities for international partnership. Her participation underscores the country’s commitment to strengthening engagement with global industry as it seeks to expand production and unlock new upstream investment.

Bringing together exploration and production companies, independent operators, oilfield service providers, engineering firms, technology companies and financial institutions, the Houston Industry Showcase will examine opportunities across exploration, production optimization, infrastructure rehabilitation and field development.

As Venezuela works to increase oil and gas production, demand is expected to grow for the technical expertise of U.S. service providers in drilling, well intervention, completion services, production optimization, artificial lift, digital oilfield technologies and infrastructure rehabilitation. Houston-based industry leaders – including SLB, Halliburton, Baker Hughes, Weatherford and a broad network of EPC contractors, equipment manufacturers and specialized service companies – are well positioned to support the modernization of mature fields, improve operational efficiency and deliver the technologies and services needed for future upstream projects.

The Houston event follows a successful Industry Showcase in London, which brought together international investors, operators and energy service companies to explore Venezuela’s evolving investment landscape. Building on that momentum, the Houston edition will deepen engagement with the U.S. energy industry and strengthen commercial dialogue ahead of Venezuela Energy Week 2027.

Venezuela Energy Week – the country’s largest energy investment platform to date – has been confirmed for 22–25 February 2027 in Caracas. Organized by Energy Capital & Power, the event will bring together government leaders, investors and industry stakeholders from across the global energy value chain.

To register for the Houston Industry Showcase on August 19, visit https://apo-opa.co/4g0TncR. To learn more about delegate, sponsorship and partnership opportunities for the showcase or to secure your place at Venezuela Energy Week 2027 in Caracas, contact info@venezuelaenergyweek.com.

Supporting Venezuela’s Earthquake Recovery
Our thoughts are with the people and communities affected by the recent earthquakes in Venezuela. As the country begins the long process of recovery, we encourage members of the global energy community to support relief and reconstruction efforts through the CAF Recovery and Reconstruction Fund for Venezuela, which channels contributions from individuals, companies and organizations to emergency assistance, essential services and long-term rebuilding efforts.

To learn more or make a contribution, please visit the CAF Recovery and Reconstruction Fund for Venezuela (https://apo-opa.co/4hkvteE).

Distributed by APO Group on behalf of Energy Capital & Power.

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Islamic Development Bank Institute (IsDBI) Secures New Patent for Smart Stabilization System from Intellectual Property Office of Singapore

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IsDBI

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility

JEDDAH, Saudi Arabia, August 10, 2026/APO Group/ –The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) is pleased to announce that the Intellectual Property Office of Singapore (IPOS) has granted a new patent for its innovative Smart Stabilization System.

 

The patent was granted on 10 July 2026 under Singapore Patent No. 10202250873B for the invention titled “A Computer Network Stabilization System and Method.” The patent application was filed on 1 September 2022 and was formally granted following a comprehensive review process.

This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility. Leveraging sophisticated algorithms and advanced simulation models, the system is designed to anticipate supply and demand imbalances and implement programmable stabilization measures before they escalate into market disruptions.

Unlike traditional stabilization mechanisms that rely on capital reserves, buffer funds, or external interventions, the Smart Stabilization System introduces a next-generation framework for achieving autonomous market stabilization through proactive and programmed stabilization mechanisms. By incorporating distributed ledger technology and cryptographic trust mechanisms, the platform enhances transparency, trust, and operational resilience for digital asset and commodity markets.

The successful patent grant reflects IsDBI’s growing contribution to technological innovation and its commitment to developing knowledge-based solutions that address contemporary economic and development challenges.

Since filing the patent application back in 2022, the Institute has continued to advance the Smart Stabilization System through ongoing development and testing, aimed to expand its practical applications and support future capitalization opportunities. These advancements have positioned the system as a potentially transformative solution for enhancing stability and resilience in increasingly digital and interconnected economies.

Commenting on this occasion, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said, “The grant of this patent by the Intellectual Property Office of Singapore further strengthens the Institute’s position as a leader in developing innovative knowledge-based solutions that leverage modern technologies to address complex development challenges. This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development.”

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

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Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

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The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins

HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.

Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.

Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.

At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.

The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.

As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.

Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.

Distributed by APO Group on behalf of Energy Capital & Power.

 

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