Real estate firm Aldar Properties (Aldar) acquired London Square, a Europe-based developer, on Friday, valued at 1.07 billion United Arab Emirates dirhams ($291 million) marking its first international acquisition beyond the MENA region. The Abu Dhabi-based firm said it aims to accelerate growth, diversifying revenue streams, unlocking synergies, and driving cross-selling opportunities, along establishing a […]
Nuclear power generating firm Ontario Power Generation (OPG) and its peer Westinghouse Electric Co signed a Memorandum of Understanding (MOU) on Thursday, in Paris at the World Nuclear Exhibition. This partnership aims to establish a framework for deployment of nuclear technologies said OPG, also to investigate potential business prospects for Westinghouse’s AP1000, AP300 and eVinci […]
Polymers and chemicals maker NatureWorks appointed Erik Ripple as its new chief executive on Tuesday, amid the construction of new 75kta Ingeo, biopolymer manufacturing facility underway in Thailand. Ripple, the newly appointed chief executive served in various leadership roles previously. Most recently, he was a chief strategy officer at Nexeon, battery manufacturer. Prior to which, […]
South Korean A.I startup Wayne Hills Bryant A.I. launched its new mobile friendly tool Shortform A.I. on Tuesday, for the Gen Z population with an aim to simply the process shooting short videos, ranging from 15 seconds to 10 minutes. The newly launched tool Shortform AI is mainly focused for the users and creators […]
Subsidiary of Cetera Financial Group, Cetera Holdings acquired financial serviced provider Avantax Inc, on Monday. The firm said the deal comprises of 3,111 financial professionals, representing $82.3 billion in assets under administration and $42 billion in assets under management, as of September 30. The acquisition of Dallas-based Avantax was approved by its 81% of the […]
Financial service provider PayTabs Group launched its card issuing solution PayTabs Issuance for its PayTabs Orchestration service on Monday, with an aim to empower companies, across the market to become self-reliant in money transaction technology. The fintech firm said this solution is framed for businesses to seamlessly acquire, issue, manage, and control payments. This solution […]
Health-tech Median Technologies rebranded its medical device iBiopsy to eyonis on Sunday, at the opening of the Radiological Society of North America 2023 in Chicago. The Software as Medical Devices (SaMD) firm said the rebranding comprises new name, logo, tagline and the changes will be on immediate bases. SaMD is software that is intended to […]
Stock-market informer Arab Finance launched its investment application GuROW in Egypt region, partnering with a wealth management platform Optofolio, metal producer Dahab Masr, and a media company, AF Securities. The newly built application GuROW, is launched with an aim to attract young investors and entrepreneurs. The app features daily news updates focusing periodical reports and […]
India’s newest & already being celebrated as the most impactful Digital Acceleration and Transformation Expo (DATE) was inaugurated by Finance Minister Nirmala Sitharaman, and joined by MP Shri Tejasvi Surya, Shri Yaduveer Krishnadatta Chamaraja Wadiyar, Maharaja of Mysore & Chairman of Cyberverse Foundation, a strategic partner of DATE. The Expo was also inaugurated by Maharaj […]
Telecom service provider Mobily partnered with CyberArrow, a Compliance Automation Platform and Cyber Security Awareness Platform provider, at the conference Black Hat 2023, on Thursday. The partnership aims to transform the approach to compliance in the Kingdom of Saudi Arabia. The telecommunication provider said this partnership will use utilizing CyberArrow’s AI-Powered Governance, Risk, and Compliance […]
Automotive firm Hyundai Motor Co. signed a Memorandum of Understanding (MOU) with a logistics firm Poh Tiong Choon Logistics Limited (PTC) with an aim to establish a hydrogen-based mobility in Singapore. The newly build collaborated aligns with Singapore’s national strategy to develop hydrogen as a decarbonization pathway in logistics sector said Korean firm. The company […]
The technology consulting firm LTIMindtree on Wednesday launched Quantum-Safe Virtual Private Network (VPN) with the collaboration of Quantum Xchange and Fortinet, cybersecurity providers, in London. Information Technology consultant LTIMindtree said the aim of the new launch is to work towards the era of quantum-secure communications and protect information of its clients. The firm said, the […]
India’s ascent to a global innovation epicenter is a testament of government initiatives such as AatmaNirbhar Bharat and ‘Make in India’, encouraging and driving the nation’s digital transformation. India’s digital landscape and swift adoption of groundbreaking, next-generation solutions are fundamentally reshaping its economic landscape. Celebrating this burgeoning ecosystem, the inaugural DATE (Digital Acceleration and Transformation […]
Real estate firm Q Holding said its board approved to acquire the list of companies and assets including stakes in Modon Properties and Abu Dhabi National Exhibitions Co (ADNEC) through issue of convertible bonds in an AED 25.6 billion ($6.9 billion) deal. Q’s board, on Tuesday, agreed to acquire the entire shareholding of ADQ Real […]
Electric vehicle solution provider Autel Energy partnered with utilities company Vattenfall on Wednesday, to launch its first MaxiCharger AC Compact in Europe, with an objective to provide EV users’ easy access to Autel’s EV charging products. As part of this collaboration, Autel Energy said its charging products MaxiCharger AC Wallbox and MaxiCharger AC Compact will […]
