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NEWS DESK

Gradiant Launches alkaLi, Powered by EC2

Gradiant, a global solutions provider for advanced water and wastewater treatment, announces the spin-out of alkaLi™, a standalone company dedicated to accelerating the scaling of battery-grade lithium production. alkaLi is powered by EC2, the world’s only all-in-one solution
NEWS DESK

H.I.G. Capital Raises $1.3 Billion for Infrastructure Fund

H.I.G. Capital (“H.I.G.” or “the Firm”), a leading global alternative asset management firm with $64 billion of capital under management, is pleased to announce the closing of H.I.G. Infrastructure Partners (the “Fund”). The Fund closed with aggregate capital commitments of approximately $1.3 billion.1 H.I.G. Infrastructure Partners seeks to make control-oriented,
EEG
NEWS DESK

The Emirates Environmental Group celebrates the winners of the Art From Waste Competition 2024

The Emirates Environmental Group (EEG) proudly celebrated for the 1st time the “Art From Waste” Competition winners, a resounding success that saw the enthusiastic participation of over 300 students from 50 schools in 102 projects across the UAE, including institutions catering to students with special needs. To honour the exceptional achievers, EEG hosted a dedicated […]
NEWS DESK

Megaport and Lufthansa Systems Announce Landmark Partnership

Megaport Limited (ASX: MP1) (“Megaport”), the global leading Network as a Service (NaaS) provider, and Lufthansa Systems, a leading aviation IT provider, today announced a new partnership that will accelerate digital transformation in the aviation industry. The strategic partnership will see Lufthansa Systems leverage Megaport’s global Software Defined Network (SDN) to
NEWS DESK

Takeda Announces Approval of LIVTENCITY® (maribavir) in Japan

Takeda (TSE:4502/NYSE:TAK) today announced that LIVTENCITY® (maribavir) has been approved by the Japanese Ministry of Health, Labour and Welfare (MHLW)for post-transplant cytomegalovirus (CMV) infection/disease that is refractory to existing anti-CMV therapies.4 LIVTENCITY is the first and only post-transplant anti-CMV treatment approved in Japan that targets and
Noor Capital
NEWS DESK

Markets will focus on inflation data next week

Throughout the week ending June 21, the market’s attention was fixated on the Federal Reserve’s future interest rate decisions. Investor focus centred on everything influencing interest rate expectations, including economic data releases, developments within the US economy, and statements from the Federal Reserve itself. Last week saw the release of several key sets of US
Dar Al Global
NEWS DESK

DAR GLOBAL AWARDS OMR 9.3 MILLION INFRASTRUCTURE CONTRACT TO OMAN SHAPOORJI COMPANY LLC FOR AIDA PHASE 1

Dar Global, the London-listed luxury international real estate developer, is pleased to announce the awarding of the infrastructure contract for the first phase of AIDA, a landmark urban development in Oman. This milestone underscores Dar Global’s vision to create a world-class real estate marvel in Oman, working with best-in-class partners to deliver unmatched
GE Vernova
NEWS DESK

GE Vernova secures milestone gas turbine and services order for Taiba 1 and Qassim 1 power plants in Saudi Arabia

GE Vernova, Inc. (“GE Vernova”) (NYSE: GEV) today announced it has secured an order for six 7HA.03 gas turbines and two 7E.03 gas turbines from the engineering, procurement, and construction (EPC) company SEPCOIII Electric Power Construction Co., Ltd. (SEPCOIII), for two new power plants: Taiba 1 located in the western region of Saudi Arabia, around […]
Zebra
NEWS DESK

Zebra Study: Only 15% of European Manufacturers Have Real-Time Visibility into Manufacturing Production

Zebra Technologies Corporation (NASDAQ: ZBRA), a leading digital solution provider enabling businesses to intelligently connect data, assets, and people, today announced the findings of its 2024 Manufacturing Vision Study. The study showed that 54% of manufacturers in Europe (61% globally) expect AI to drive growth by 2029, up from 37% (41% globally) in 2024. This
MBRF
NEWS DESK

MBRF distributes ‘Smart Reading Library’ bags to encourage Arabic language learning among students

The Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) distributed ‘Smart Reading Library’ bags to schools across the UAE in line with the ‘Bil Arabi’ initiative. The initiative comes in alignment with the MBRF’s continuous efforts to support the educational sector and institutions by ensuring the availability of Arabic language books and children’s stories to […]
NEWS DESK

Almarai Signs Agreement with Social Development Bank

Almarai Company has signed a cooperation agreement with the Social Development Bank to launch the “Almarai Chefs Program” aimed at strengthening and empowering owners of very small cooking projects in the Riyadh region, as part of its support and encouragement for entrepreneurs. The agreement was signed by the CEO of Almarai Company, Mr. Abdullah bin […]