Agreement

NEWS DESK

Ajman Tourism Development Department signs sponsorship agreement

News Desk 1 25/09/2024

The Ajman Tourism Development Department signed a sponsorship agreement with Etihad Water and Electricity, reaffirming its commitment to fostering collaboration within the nation’s key sectors. The agreement will establish a strategic alliance between both entities, with an aim to sponsor

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The Environment Agency – Abu Dhabi and International Center for Biosaline Agriculture Sign Agreement

News Desk 1 24/09/2024

In line with the UAE’s Year of Sustainability and to ensure the best use of Abu Dhabi’s natural resources, the Environment Agency – Abu Dhabi (EAD) and the International Center for Biosaline Agriculture (ICBA) have joined forces under a new agreement. The memorandum of understanding (MoU) will foster effective cooperation on ground water, soil, and […]

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Moro Hub and Salzer Technologies Sign Collaboration Agreement to Enhance Market Offerings

News Desk 1 07/09/2024

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), and Salzer Technologies, pioneers in IT Services, Consulting, System Integration, Branding, Business Solutions & Mobility Services have officially entered into a strategic Technology Collaboration Agreement (TCA). This partnership signifies a pivotal step in the

NEWS DESK

Blackstone Announces Agreement to Acquire AirTrunk in a A$24B Transaction

News Desk 1 04/09/2024

Funds managed by Blackstone Real Estate Partners, Blackstone Infrastructure Partners, Blackstone Tactical Opportunities, and Blackstone’s private equity strategy for individual investors, along with the Canada Pension Plan Investment Board (“CPP Investments”), have entered into a definitive agreement to acquire AirTrunk, the leading Asia Pacific data center platform, from

Oil & Gas

QatarEnergy and KPC sign 15-year LNG supply agreement

Arnold Pinto 30/08/2024 0

Involving 3 MTPA to Kuwait QatarEnergy and Kuwait Petroleum Corporation (KPC) have formalised a 15-year LNG Sale and Purchase Agreement (SPA) for the delivery of up to 3 million tons per annum (MTPA) of liquefied natural gas (LNG) to Kuwait. The agreement, which underscores the growing energy collaboration between the two Arabian Gulf states, was […]

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Organon & Lilly Expand Migraine Commercialization Agreement

News Desk 1 20/08/2024

Organon (NYSE: OGN), a global healthcare company with a focus on women’s health, announced it has expanded its agreement with Eli Lilly and Company (Lilly) to become the sole distributor and promoter for the migraine medicine Emgality® (galcanezumab) in the following additional markets: Canada, Colombia, Israel, South Korea, Kuwait, Mexico, Qatar, Saudi Arabia,

NEWS DESK

Agreement Between Ajman Department of Finance and Ajman Specialty General Hospital

News Desk 1 02/08/2024

The Ajman Department of Finance continues its efforts to achieve a qualitative shift in providing services related to government procurement in the emirate, having concluded a new service provision agreement with Ajman Specialty General Hospital. Through this agreement, the hospital will benefit from the services of the “Tawreed” platform in the Ajman government, as part

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Al Ansari Financial Services PJSC Signs Agreement to Acquire BFC Group Holdings W.L.L. for USD 200 million

News Desk 2 30/07/2024

Al Ansari Financial Services PJSC (“AAFS” or the “Company”) (DFM: ALANSARI), a leading integrated financial services group in the UAE, is pleased to announce that it has signed a Sales and Purchase Agreement (“SPA”) to purchase 100% of BFC Group Holdings W.L.L., (“BFCGH”), a prominent foreign exchange and remittance group incorporated in Bahrain for a […]

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Cepton Signs Definitive Agreement to be Acquired by Koito

News Desk 2 29/07/2024

Cepton, Inc. (“Cepton” or the “Company”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, announced today that it has signed a definitive agreement (the “Agreement”) providing for the acquisition by KOITO MANUFACTURING CO., LTD. (“Koito”) (TSE: 7276), a leading automotive tier one supplier, of all of the outstanding capital stock

NEWS DESK

Art of Living Mall Announces New Agreement with Artisan Bakers for New Store Opening

News Desk 2 18/07/2024

Art of Living Mall announced today the signing of a new agreement with Artisan Bakers, a leading company in the bakery and pastry industry, to open a new branch in the mall. This new outlet is expected to become a distinguished destination for bakery lovers in Dubai. The agreement was signed by Mr. Samer Al […]

NEWS DESK

Merz Therapeutics Closes $185M Asset Purchase Agreement with Acorda Therapeutics

News Desk 2 11/07/2024

Merz Therapeutics announces today the successful acquisition of INBRIJA® (levodopa inhalation powder) and (F)AMPYRA® (fampridine), and related assets from Acorda Therapeutics, Inc. AMPYRA® (dalfampridine) is Food and Drug Administration (FDA) approved in the U.S. and commercialized as FAMPYRA in the European Union and other territories throughout the world.

NEWS DESK

Almarai Signs Agreement with Social Development Bank

News Desk 2 24/06/2024

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 […]

NEWS DESK

Arrow Electronics and SiMa.ai Enter Distribution Agreement in EMEA

News Desk 2 29/05/2024

Global technology provider Arrow Electronics and SiMa.ai, the software centric, embedded edge machine learning system-on-chip company, have entered into a strategic collaboration, enabling Arrow to distribute SiMa.ai products in the EMEA region. SiMa.ai delivers one platform for all edge AI that scales with customers as their AI/ML projects evolve, from computer

NEWS DESK

Ajman Department of Finance, Marsa Properties Sign Agreement to Enhance Emirate’s Investment Environment

News Desk 2 26/05/2024

The Ajman Department of Finance has finalised a service provision agreement with the independent government company Marsa Properties, allowing it to utilise the services of the ‘Tawreed’ platform within the Ajman government. The collaboration aims to create an attractive investment environment that supports economic development in the emirate and enhances its

NEWS DESK

AC Immune and Takeda Sign Exclusive Option and License Agreement for Active Immunotherapy

News Desk 2 14/05/2024

Takeda (TSE:4502/NYSE:TAK) and AC Immune SA (NASDAQ: ACIU) today announced an exclusive, worldwide option and license agreement for AC Immune’s active immunotherapies targeting toxic forms of amyloid beta (Abeta), including ACI-24.060 for the treatment of Alzheimer’s disease. ACI-24.060 is an anti-Abeta active immunotherapy candidate designed to induce a robust antibody

NEWS DESK

Energy Vault, ACEN Australia Announce Agreement for 400 MWh of Battery Energy Storage Deployments

News Desk 2 09/05/2024

Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault”), a leader in sustainable, grid-scale energy storage solutions, and ACEN Australia, today announced the main contractual agreements for two battery energy storage system (BESS) deployments totaling 400 MWh in Australia. Construction on both deployments is expected to begin in the second half of 2024, with

NEWS DESK

M42 signs groundbreaking agreement with AstraZeneca

News Desk 2 06/05/2024

M42, a first-of-its-kind tech-enabled global health powerhouse, has signed a groundbreaking agreement with AstraZeneca, a global leader in science-led biopharmaceuticals, to advance preventive healthcare and next-generation precision medicine. As AstraZeneca’s clinical genomics partner of choice in the Middle East region, M42 will conduct sequencing of hereditary breast

NEWS DESK

DUBAI SOUTH SIGNS AGREEMENT WITH AGMC

News Desk 2 26/04/2024

Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate, announced the signing of an agreement with AGMC, one of the leading importers of luxury vehicles in the United Arab Emirates, to launch a new AED 500 million showroom and service centre at Dubai South to serve customers of its automotive […]

NEWS DESK

Dubai Government Human Resources Department signs partnership agreement

News Desk 2 22/04/2024

The Dubai Government Human Resources Department (DGHR) has signed a partnership agreement with the Organisation for Economic Co-operation and Development (OECD) to host a series of webinars focusing on different strategies and opportunities for advancing economic growth and enhancing global trade. As part of the agreement, the DGHR hosted a series of webinars to address

NEWS DESK

TradeSun Announces an Agreement With Wells Fargo

News Desk 1 16/04/2024

TradeSun and Wells Fargo have entered into an agreement that will enable Wells Fargo to leverage the industry leading trade finance and compliance digitization solution from TradeSun, using Artificial Intelligence (AI) and other advanced technologies to streamline the complex and manual processes employed globally within the banking industry. TradeSun’s major new release