Financial service provider Northern Arc Capital partnered with banking institution Karnataka Bank (KBL) on Wednesday, to offer customer-centric financial solutions to retail borrowers. The non-banking financial firm said to provide its technology platform nPOS to Karnataka Bank for co-origination, co-lending and pool buy-out. Co-origination involves collaborative lending between a bank or financial institution and a […]
Energy management and automation firm Schneider Electric partnered with Charge&Go, tech investment firm on Tuesday, with an aim to drive the development of electric vehicle (EV) charging infrastructure in the UAE. The electric vehicle industry is greatly blooming in the Middle East region. Global automobile competitors have branched out to introduce EV models in hopes […]
Payment solution provider Alchemy Pay partnered with crypto infrastructure platform Zero Hash, to enhance its payment capabilities on Tuesday. This, the company said, is done through the integration of automated clearing house (ACH) transactions via Zero Hash’s full-stack API on Alchemy Pay’s On-Ramp. The finance company also said the collaboration is aimed towards expanding Alchemy […]
Real estate solutions provider, Curbio added HomeSmart, one of the fastest-growing real estate brokerage companies in the nation to its brokerage partnerships program on Tuesday. Broadly, there is a rise in the economic culture of buy now pay later (BNPL) schemes, which has opened doors for consumers with weaker incomes to shop for pricey products […]
Randall Reilly introduced major leadership changes in the company, where the talent acquisition service provider appointed Scott Miller as its Chief Executive Officer, taking over from Matt Reilly on Tuesday. The company has made this move after its recent announcement of the business split of its talent acquisition section and its industrial data division with […]
Oil and gas firm Gail India, on Monday, signed a 10-year agreement to purchase 0.5 million metric tons per annum (MMTPA) of liquefied natural gas (LNG) from peer company ADNOC Gas to strengthen the cultural and economic bonds between India and the United Arab Emirates (UAE). This newly inked deal will commence from 2026 onwards […]
Oil and gas firm QatarEnergy signed a 15-year liquefied natural gas (LNG) sales and purchase agreement (SPA) with Texas-based peer Excelerate Energy on Monday. Excelerate agreed to purchase about 1 million tonnes per annum (MTPA) of LNG from QatarEnergy and deliver to floating storage and regasification units in Bangladesh, said the company. The firm also […]
Technology advisor firm EPlus acquired certain assets of technology solutions and service provider Peak Resources on Monday, to help drive additional growth with enhanced engineering, sales, and service delivery capabilities in the Mountain West region. The acquisition of certain assets and liabilities of PEAK Resources closed on January 26, the firm said. “Our decades of […]
Air Carbon Exchange (ACX) Group successfully connected AirCarbon’s Singapore-based trading platform, with the environmental instruments exchange operated by ACX Clearing Corporation in the Abu Dhabi Global Market, on Tuesday. The firm said this enhancement represents an important step in ACX Group’s strategy of connecting key global environmental instrument markets, as one consolidated liquidity pool operated […]
Global hybrid cloud company IBM, joined hands with commercial quantum algorithms and software developer Korea Quantum Computing (KQC) on Monday, to introduce IBM watsonx and quantum computing in Korea. The tech firm said the agreement included KQC offering IBM software and new AI infrastructure capabilities as well as IBM’s next-generation quantum computing architecture, which KQC’s […]
Max Life Insurance Company said it launched the Smart Wealth Annuity Guaranteed Pension Plan, shortly SWAG Pension Plan, which is aimed to cater to the customized needs of the customers, also with the option of increasing annuity up to 6% per annum to weather the rising inflation. This the company defines to be a non-linked, […]
Government entity Dubai Electricity and Water Authority (DEWA) equipped its workforce with the most recently introduced Microsoft 365 Copilot and Microsoft Security Copilot on Sunday, becoming one of the first UAE government entities to adopt the innovation of the tech giant. DEWA said this incorporation is to utilize innovation and technology to enhance efficiency, productivity, […]
Venture capital firm SoftBank Ventures Asia said it will officially change its brand name to SBVA, on Sunday, effective on February 1. This initiative was enforced after Singapore-based The Edgeof acquired SoftBank Ventures Asia from its parent firm SoftBank Group Corp (SBG) in April 2023. The firm said the rebranding aims to encompass technological singularities […]
Websnoogie web hosting company offered to slash the price of its services to $149 per year on Sunday, which the company said makes its premium web hosting services to be available at affordable charges. This price adjustment is aimed at providing affordable and accessible web hosting solutions to its customers, said the firm. Websnoogie’s web […]
Infleqtion, quantum information company, acquired two integrated silicon photonics companies SiNoptiq and Morton Photonics on Monday, enabling Infleqtion to expedite plans for chip-scale integration of lasers, which is essential for commercializing quantum products, such as sensors and quantum computers. The company said Infleqtion’s acquisition and ongoing investments in SiNoptiq and Morton Photonics, both producing essential […]
