Gas logistics solution provider AG&P Group appointed Karthik Sathyamoorthy as executive chief of the company, effective on October 15, along with multiple leadership role changes. The company said he will continue as CEO of its subsidiary firm, AG&P LNG Terminals & Logistics (AG&P LNG), Singapore. The Singapore-based firm said Sathyamoorthy has nearly two decades of expertise […]
Aviation-sustainable fuel provider World Energy and logistics company Dalsey Hillblom Lynn (DHL) signed a partnership agreement of seven years on Thursday, with an aim to accelerate decarbonization of aviation logistics by purchasing about 668 million liters of sustainable aviation fuel through sustainable aviation fuel certificates (SAFc). SAF is a kind of biofuel made of plant, […]
Tech-based interior furnishing Northann Corp said it set pricing for initial public offering (IPO) of 1.2 million shares for $5 per share on Wednesday, with total gross proceeds of $6 million before deducting underwriting discounts and offering expenses. Northann said shares will be listed on New York Stock Exchange (NYSE) from October 19 and is […]
Measurement and assurance tech firm Viavi Solutions appointed Ilan Daskal as chief financial on Wednesday, taking over from Pam Avent, interim CFO, effective November 7. The company said Daskal will closely work with Oleg Khaykin, chief executive of Viavi Solutions. The light manufacturing company said this transition aims to oversee global finance organization, including finance, […]
Temperature-controlled packaging provider Pelican Products appointed Kari Taylor as chief executive officer of the company’s subsidiary, Peli BioThermal, on Wednesday, replacing former CEO Douglas Ross. This company said the change is executed with an aim to reflect the commitment to commercial development and growth in an ever-changing industry environment. Peli BioThermal, owned by Pelican Products is […]
Cybersecurity solution provider Sophos collaborated with peer StarLink as distribution partner in the Middle East and Levant regions, on Wednesday, where StarLink takes responsibility of distributing and promoting Sophos’ portfolio of solutions. The company said this newly signed partnership will be enforced from November 20, and its portfolio will includes Managed Detection and Response (MDR) […]
Global tech company Yango Tech launched an Arabic-speaking, human-like AI assistant called ‘Yasmina’ on Wednesday. The smart assistant has the ability to be an empathetic companion as well as carry basic tasks like streaming music or turning on smart home appliances. The AI-based voice assistant is capable of engaging and maintaining conversations like a real […]
The MENA EV Show 2023 successfully completed two days of discussions, innovations, and networking scheduled late September, at Dubai Silicon Oasis. The event was organized by INOEX Global and co-hosted by Dubai Silicon Oasis. The event brought in brands across the globe which gave participants an opportunity to delve into cutting-edge exhibits, featuring latest EV […]
Information and communication solutions provider ZainTECH said it agreed to acquire Specialized Technical Service Co (STS), digital transformation provider, on Monday with an objective to expand its cybersecurity, robotics and drone services to Middle East and North Africa (MENA) region. The subsidiary of Zain group said the complete acquisition of STS looks to expand its […]
Wealth management firm Maxim Investment Group signed an agreement to acquire real estate company MarQ Communities on Monday, where MarQ Communities will be appointed as project developer for North Coast village Oceanside California, with a total investment of 120 billion Egyptian pound ($3.9 billion). The newly built partnership signifies Maxim Investment Group’s dedication in completing […]
Property specialist Goodman Groups partnered with electric truck developers Windrose Technology, on Monday. The aim of the partnership is to develop essential EV (electric vehicle) fast-charging infrastructure for heavy duty trucks at Goodman properties. The firm said it will share technical and sustainability expertise to test and install fast-charging stations, initiate at selected Goodman properties […]
Telecommunication firm Stc Bahrain launched 3CC (three-component-carrier), a telecom solution on Sunday. The company said it is the first operator to test and launch 5G 3CC technology. The telecom company said newly launched technology will play an important role in advancement of Bahrain’s digital and telecom infrastructure. The company added that 5G 3CC services will […]
Allied Market Research, on Friday, published a report with regard to metaverse in automotive industry, where it mentioned global metaverse in automotive market generated $2.18 billion in 2022, and is expected to generate $27.18 billion by 2032. The report titled, Metaverse in Automotive Market by Product, Technology and Application: Global Opportunity Analysis and Industry Forecast, […]
MoneyHero Ltd, formerly known as Hyphen Group completed its merger with special purpose acquisition firm Bridgetown Holdings Ltd on Thursday in a deal valued at $283 million. Bridgetown Holding is the result of a collaboration of between Pacific Century Group and Thiel Capital LLC. Bridgetown shareholders approved the merger with MoneyHero, on Tuesday. MoneyHero said […]
Data security provider ZorroSign joined forces with decentralized blockchain platform Provenance Blockchain on Thursday with an objective of integrating ZorroSign users to store digital documents, including signature, signers and transaction metadata on Provenance Blockchain. The decentralized blockchain firm said users can verify immutability of data related to signature, signers and transaction metadata on blockchain via […]
