The tidal lagoon project to be built on the waterfront of Swansea for £1.7bn in U.K. will incorporate technologies including underwater turbines, floating solar power and battery storage has been announced. The Project also know as Blue Eden project will be led by a tech firm called DST innovations and other business partners, there will […]
The Australian telecommunications company Telstra to buy South Pacific telco operator Digicel for $1.9 billion from Denis O’Brien, Irish billionaire. The company Telstra will own around 100 per cent of the new entity as part of the $US1.6 billion ($2.1 billion) deal, which will be completed within six months. The sale follows almost a year […]
The global IT services provider of Vietnam, FPT software and IGPI Singapore partners together to Support Digital Transformation in Southeast Asia . Industrial Growth Platform Pte. Ltd. (IGPI Singapore), a subsidiary of IGPI, which is one of the largest management consultancy firms in Japan. This collaboration is set to accelerate digital transformation (DX) for governments, […]
The Chinese Petroleum & Chemical Corporation Sinopec signs LNG deal with U.S. venture Global for 20 years to supply liquefied natural gas (LNG) from the Plaquemines plant. Sinopec had agreed lto purchase 2.8 million metric tons/year (mmty) on a free-on-board (FOB) basis previous month in one deal and 1.2 mmty on a delivered-at-place-unloaded (DPU) basis […]
The UAE based telecommunications company Du signs MoU with Edge for integrated telecommunications support. The MoU (Memorandum of Understanding) was finalised between two parties at a virtual ceremony ensuring that Du will provide cutting-edge and value-added telecommunications services to EDGE Group and its employees. Under the agreement, Du will have to ensure EDGE Group is […]
The industrial vehicle leasing and distribution company Goldbell acquires BlueSG to drive its Electric Vehicle growth. Glodbell group mentioned its plan to invest S$70 million for the next five years and S$40 million will be made by 2023 as part of its growth acceleration strategy. The vehicle company also noted that it is on track […]
The renewable energy group Octopus Energy and RES (Renewable Energy Systems) announced a partnership to build new green hydrogen plants across the country by investing £3bn by 2030. This partnership will deliver a home-grown, reliable and cost-competitive source of clean hydrogen that is insulated from present and future gas price volatility and aims to push […]
The cloud security innovator Orca Security, has announced its extended Series C fundraising of $550mn led by Temasek, a Singaporean investment company. The funding round brings the 2-year-old company’s total raised to $632 million and boosts its valuation to $1.8 billion. It joins the ranks of L.A. tech companies like Whatnot Inc. and Liminex Inc., […]
The Dubai Department of Finance (DoF) announced a new public-private partnership ( PPP ) project portfolio worth over Dhs25bn across several vital sectors. The portfolio includes more than 30 projects in the public transportation, infrastructure, and urban development sectors. The latest projects were announced at the Dubai International PPP Conference being held at Expo 2020, […]
The oil and gas company BP has announced to invest $270 million at Cherry Point Refinery to improve efficiency, reduce emissions and grow renewable diesel production. Over the next three years 300 local jobs are expected to be created This investment is set with bp’s aims to be net zero across its operations by 2050 […]
The United Arab Emirates ( UAE ) has become the first country in Gulf region to invest more than $160 billion to achieve net zero carbon emissions by 2050. The vice president and prime minister of the UAE and ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, said: “We are committed to seize the […]
The German conglomerate JAB Holding company plans to invest $5 billion to expand transactions in petcare sector. The holding company runs Panera Bread, Pret A Manger and Krispy Kreme. The establishment that oversees the assets of German billionaire Rayman family Over the past seven years, two people who are directly aware of the issue have […]
