Arab energy producer Sharjah National Oil Corp (SNOC), during ADIPEC’s energy conference has signed an agreement with natural gas manufacturer RAKGAS to provide gas storage services, on Tuesday. SNOC said the joint venture will allow RAKGAS to utilise SNOC’s gas storage facility to balance gas supply and demand by managing the fluctuation between high and […]
Automotive firm Wallan Trading Co said it partnered with electronic car manufacturer Zeekr Automotive, on Monday. The partnership is aimed to provide cleaner and greener energy in automotive sector in Saudi Arabia, while additionally providing premium design vehicles. Riyadh-based company said the collaboration is aligned with Saudi Arabian government’s vision 2030, which sets targets and […]
Canadian fintech company Nuvei Corp said it has established a new operational office in China with a vision to expand its presence in Asia-Pacific (APAC) region, on Monday. The company said it has a pre-established cross border clients as well as provide services and partnered with Chinese businesses like Geekbuying, an e-commerce platform, and Vakatrip, […]
First Abu Dhabi Bank (FAB) partnered with environmental asset developer Blue Carbon and with green energy firm Masdar to develop and to venture in carbon trading market of Middle East and North Africa (MENA) region on Monday. The bank signed a memorandum of understanding (MoU) with Blue Carbon and Masdar for supply of high-quality carbon […]
Emirate’s economic strategies and policies designed to foster development by Statistics Centre – Abu Dhabi (SCAD) said the gross domestic product (GDP) of Abu Dhabi increased by 3.5% in the second quarter of 2023 compared to a year ago, and the non-oil economy grew by 12.3% in the reported quarter, reported Zawya. The Abu Dhabi’s […]
Indian insurance company, SBI Life Insurance, on Friday, said it has signed a bancassurance agreement with, Sikkim-based bank, State Bank of Sikkim (SBS), this deal demonstrates SBI Life’s commitment to provide insurance solution available to the residence of Sikkim. The aim of this partnership is to expand its services across the state with SBS and […]
Integrated energy and chemicals companies, Aramco on Thursdays, has signed a definitive agreement to acquire minority stake of a liquefied natural gas (LNG) company, MidOcean, a subsidiary company of private energy Investment Company, EIG global energy partner. The deal is worth of $500 million. Dubai-based state owned, Aramco’s partnership with MidOcean Energy marks its first international […]
Cyber Security firm, WISeKey International Holding Ltd, on Thursday said that its semiconductors & public key infrastructure (PKI) subsidiary company SEALSQ Corp, has entered Taiwan market by having a distribution agreement with Taiwanese semiconductor distributor, Holy Stone Enterprise co. The cyber tech form, SEALSQ develops semi-conductor chips secure embedded firmware and hardware. It also works in […]
The Abu Dhabi Securities Exchange (ADX) has confirmed its partnership with UAE-based Sharjah Islamic Bank (SIB) to facilitate efficient access to initial public offering (IPO) subscriptions for investors, on Thursday. This newly formed partnership focuses on working together to simplify the process of obtaining a National Investor Number (NIN), an identification number issued by ADX […]
Marine equipment company Motive Offshore Group joined forces with energy service company, Emirates Specialized Contracting & Oilfield Services (ESCO), on Wednesday. The deal aims to bring innovation in offshore services and solutions to support the growing market in the Middle East and North African (MENA) region. The US-based ESCO will offer access to various sites […]
The Boston-based consultancy company, Bain & Company said it has partner with global software developing company, Microsoft to introduce artificial intelligence (AI) to their business clients to function fast and efficiently, on Wednesday. The collaboration with Microsoft focus to implement AI programs to improve client and customer survives and meet the growing demand of AI […]
Emirates-based real estate firm, CORE, on Tuesday said that it has partnered with a Chicago-based commercial real estate firm Cushman & Wakefield to expand its services in the UAE and GCC region. Effect immediately, CORE will be rebranded as ‘Cushman & Wakefield Core’ aligning their shared vision and commitment to innovation in the global real […]
A photovoltaic power generation solution platform JA Solar Technology Co partnered with Bangladeshi energy group Paramount Group on Sunday, to provide photovoltaic (PV) module, generally known as solar panels, for a 1500 megawatt (MG) PV power plant project. This project is expected to complete by the end of this year. Upon completion, JA Solar Tech […]
Finance firm England and Co said it has extended its corporate advisory business in Asia-Pacific region by establishing an office in Singapore. Patrick O’Shea, managing director of New York office will head the company’s newly established Singapore space. The independent investment bank specializes in offering global financial guidance. The newly designated Patrick O’Shea, previously was a […]
Muscat based-Islamic bank, Bank Nizwa, on Monday, said its participation as a collective bank for the OQ Gas Networks (OQGN) initial public offering (IPO). The aim is to collaborate with prominent entity and to make subscription to the IPO accessible to audience. This collaboration enables the bank, customers to subscribe shares in the OQGN IPO […]
