DIFC announces the set-up of Specialised court for the Digital Economy

The Dubai International Financial Centre (DIFC) Courts today announced the launch of a ‘Specialised Court for the Digital Economy’ aimed at simplifying the settlement process of complex civil and commercial disputes related to the digital economy. The new specialised Court will deal with national and international disputes related to current and emerging technologies. It will […]

Petra Capital launches Arrow Asset Management Fund in 2022

According to Mr. Marias, Arrow Asset Management Fund will target ASX-listed investments with a market capitalization below US$500M upon entry. These emerging opportunities are stated to include stocks with strong niche attributes in technology, innovation, renewables, primary industries, and other investments exclusive to Australia or where Australia provides a competitive advantage. The fund will be […]

Jio-bp and Mahindra group signs MOU for EV products and Low-Carbon solutions

Reliance BP Mobility Limited (RBML), operating under the brand name Jio-bp and The Mahindra Group, today announced a non-binding MoU for exploring the creation of EV products and services, alongside identifying synergies in low-carbon and conventional fuels. The MoU also covers evaluating charging solutions by Jio-bp for Mahindra vehicles including electric 3 and 4 wheelers, […]

Aramco collaborates with L&T for Manufacturing Sector Development

The Saudi Arabian Oil Company (“Aramco” or “the Company”) in collaboration with Indian conglomerate Larsen & Toubro (L&T) is developing manufacturing capabilities in the Kingdom of Saudi Arabia. The companies have signed a Memorandum of Understanding outlining collaboration on L&T’s efforts to establish the region’s first Heavy Wall Pressure Vessels facility at Saudi Arabia’s strategically […]

Cloud4C and hiblocks give a lesson in decentralized, secured social media experience

World Business Outlook had recently reported that hiblocks, the popular blockchain-based social media application had entered into an agreement with Cloud4C, a leading cloud managed services provider. As per the agreement, Cloud4C Korea’s Google Cloud Platform (GCP) Managed services will support hiblocks with the migration and will continue to deliver GCP Managed Services such as […]

Mambu raises €235million in series E funding round of EQT growth-led series

Mambu market-leading, modern SaaS banking platform, has announced raising €235 million in an EQT Growth-led Series E funding round, stated to be the largest financing round to date for a banking software platform. The funding brings the company’s valuation to €4.9 billion post-money, making it one of the highest-valued B2B SaaS companies founded in Europe. […]

Boomi announces its CEO as David Meredith

Boomi, the intelligent connectivity and automation, has announced that its Board of Directors has appointed David Meredith as Chief Executive Officer, effective January 31, 2022. Meredith comes to Boomi from NASDAQ-listed Everbridge, where during his tenure as CEO, the company experienced rapid revenue growth. He claims to bring to Boomi over 25 years of executive […]

APD and TKA signs contract for green hydrogen projects at NEOM

Air Products has awarded ThyssenKrupp Uhde Chlorine Engineers a contract to supply a more than two-gigawatt (2 GW) electrolysis plant for green hydrogen projects at NEOM in Saudi Arabia. Under this contract, ThyssenKrupp will engineer, procure and fabricate the plant based on their large-scale 20 megawatts (MW) alkaline water electrolysis module. Upon commissioning, the project […]

Barco launches F40-HR Projector for quality and speed

Barco, a simulation projector, announces the introduction of the F400-HR. This claims to be the industry’s first single-chip native 4K resolution projector, creating a new chapter in high-resolution simulation systems. Barco aims to design projectors that create the highest level of realism possible. The new F400-HR is stated to be specifically designed for the training […]