Biotechnology Company Biogen, on Wednesday, announced an agreement to acquire Human Immunology Biosciences (HI-Bio) for $1.15 billion upfront and up to $650 million in potential milestone payments, boosting Biogen’s pipeline with targeted therapies for severe immune-mediated diseases. HI-Bio’s lead asset, Felzartamab, is a fully human anti-CD38 monoclonal antibody. Felzartamab depletes CD38+ cells, including plasma and […]
On Tuesday, IT services and Consultancy Company IBM, and Software development, Salesforce announced an expansion of their strategic partnership to drive the development of open and trusted AI and data ecosystems. The collaboration aims to empower businesses with AI technologies and comprehensive data management solutions, fostering innovation and growth. The enhanced relationship includes bidirectional data […]
Saudi Arabia is set to undergo a significant economic transformation, with its GDP projected to reach $1.8 trillion by 2027, driven by Vision 2030’s ambitious diversification plans, rising oil prices, and a growing population. Based on Ken Research reports, Vision 2030 aims to reduce the Kingdom’s reliance on oil exports by developing non-oil sectors such […]
The Saudi Arabian Oil Company (Aramco) announced the signing of three Memoranda of Understanding (MoUs) with American companies to advance lower-carbon energy solutions. The MoUs were signed in the presence of Saudi Arabia’s Minister of Energy, HRH Prince Abdulaziz bin Salman Al Saud, and the US Secretary of Energy, Jennifer Granholm. The agreements involve collaborations […]
16 May 2024, Mumbai: The 11th global edition of the World CX Summit & Awards, organised by Trescon, returns to India on 22nd May 2024 at the Leela, in Mumbai. With more than 350 CX leaders, top technology mavens, and innovators confirmed, the event serves as a crucial terminal in India’s digitization roadmap. This summit […]
1. How has SunMoney adapted to the evolving needs and expectations of its consumers? Z: I think technological advancement which is to be widely adopted for client satisfaction. And I think we are on the forefront of that to start on blockchain and doing tokenized projects. And I think if we forget about the crypto […]
1. Can you share some insights into the technological advancements that SunMoney has made in the field of renewable energy, particularly in solar power? Z: Well, its an ever moving market and with ever-developing technologies. We always try to integrate the best available tech into our solar power plants. These power plants are built with […]
Arctech, a solar tracking and racking solutions provider, signed a land lease agreement with the Saudi Authority for Industrial Cities and Technology Zones, otherwise known as MODON, concerning the establishment of Arctech’s factory in Jeddah, Saudi Arabia with a factory covering about 97,000 square meters. The agreement signifies a significant step for Arctech’s expansion strategy, […]
Qatar Airways, a global airline company, on Sunday, said it will participate in the Arabian Travel Market (ATM) Dubai 2024, and allow visitors to meet and engage with Sama 2.0, the second generation of the world’s first artificial intelligence (AI) powered digital cabin crew. In early March, the airline operator launched its holographic virtual cabin […]
Japanese electronics company Sharp said it is planning an investment of $3 billion to $5 billion to establish a display fabrication unit in India, reported the Times of India on Saturday. The proposed 1,000-acre plant will fill the need for exports and domestic production, serving as a global manufacturing hub, added the news report. The […]
Food and grocery delivery company Swiggy, on Tuesday, received approval for the initial public offering (IPO) of ₹10,414 crore ($ 1.25 billion) from its shareholders, based on the report of the Economic Times. The online food delivery aims to raise ₹3,750 Crore in fresh capital and the IPO will include an offer-for-sale (OFS) component of up […]
Digital payment giant Visa, on Wednesday, collaborated with AWS Partner Network (APN), a community that leverages AWS technologies, with an aim to build innovative solutions and services to make transactions easier, faster, and secure in the payment eco-system for customers. Global payments technology provider said the presence in APN will enable its partners and clients, including cloud-native fintech, to […]
Financial service provider, Lendingkart on Wednesday appointed Mukund Barrsagade, former Financial Chief of fintech company Paytm Payments Bank, as its new Chief Financial Officer. The newly appointed Financial Chief brings more than three decades of experience in the Banking, financial services and insurance (BFSI) and IT sectors as well as extensive expertise in financial management […]
Following a resounding success, VAP Group is thrilled to announce the triumphant conclusion of the inaugural editions of the Global AI Show and the Global Blockchain Show, held on April 16 and 17, at Grand Hyatt, Dubai. The heavy rainfall that hit Dubai on Tuesday, earlier this week, most of the other events around the […]
The United Arab Emirates (UAE) government said on Wednesday, it allocated a 2 billion AED ($545 million) fund to aid homeowners in repairing properties damaged due to recent heavy rainfall and flooding, based on the report of Khaleej Times. Earlier this week, the Kingdom witnessed a year’s worth of rain in a single day, with […]
