Loft Orbital and Marlan Space Partner to Form First Satellite Production Company in the Middle East
Abu Dhabi-based Marlan Space, a new space company affiliated with International Holding Company (IHC), has established a joint venture with Loft Orbital to form Orbitworks, the Middle East’s first private space infrastructure company. Orbitworks marks a significant milestone in the UAE’s rapidly growing space sector, becoming the first to produce commercial low Earth orbit (LEO) […]
ZCG and Fawaz Alhokair announce strategic partnership
Z Capital Group (“ZCG”), a leading privately held merchant bank, and Zahrat Al Amaal Holding Company (“Fawaz Alhokair”), an investment entity founded by Fawaz Alhokair, recently announced a direct lending joint venture focused on providing flexible capital solutions to high-growth small- and medium-sized enterprises (SMEs) in Saudi Arabia. The strategic partnership, set to be operational […]
ServiceNow makes strategic investment in Plat4mation
ServiceNow, a leading digital workflow company making the world work better for everyone, and Keensight Capital, a leading European Growth Buyout investor, yesterday announced a strategic investment in Plat4mation, a global IT consultancy and leading ServiceNow implementation partner. This first European investment for ServiceNow’s Ecosystem Ventures aims to accelerate customer time to value and drive partner […]
Clay secures a strategic seed investment from Pepper Advantage
Clay Technologies, Inc. (“Clay”), a platform that helps tech-enabled businesses launch and fund their own branded lending programmes, today announced it has secured a strategic seed investment from Pepper Advantage, a leading global credit intelligence company. The two firms have also formed a strategic joint venture that will create an end-to-end credit platform that allows companies to […]
Faraday Future welcomes Matthias Aydt CEO
Faraday Future Intelligent Electric Inc., a California-based global shared intelligent electric mobility ecosystem company, yesterday announced the Company’s Board of Directors has appointed long term FF executive Matthias Aydt, Global CEO of Faraday Future, effective September 29, 2023. Also effective September 29, 2023, current Global CEO Xuefeng Chen (XF) will resume his prior position as […]
Jeffrey Davis Joins Eastdil Secured as Managing Director
Eastdil Secured, L.L.C., the global real estate investment bank, yesterday announced that Jeffrey Davis will be joining Eastdil Secured as Managing Director. In this role, Mr. Davis will be part of the leadership of the firm’s global hospitality group, where he will be responsible for supporting clients and growing the firm’s hospitality business with a […]
Lifepoint Health designates Elmer Polite as President of Eastern Division
Lifepoint Health, a diversified healthcare delivery network dedicated to making communities healthier, has appointed Elmer Polite to the role of president, Eastern Division. In this role, Polite will provide operational oversight for Lifepoint’s acute care hospitals in Michigan, North Carolina, Pennsylvania and Virginia. Prior to his interim president role, he served as chief financial officer of […]
TCS Partners Renesas for new Joint Innovation Center in India
Tata Consultancy Services (TCS) one of the largest IT services companies in the world, and Renesas Electronics Corporation (Renesas), a premier supplier of advanced semiconductor solutions, announced the opening of a joint Innovation Center in Bengaluru and Hyderabad and to collaborate on radio frequency, digital and mixed-signal design and software development for innovative next generation […]
