Fluor JV Celebrates Successful Completion of Tengizchevroil’s Future Growth Project
Fluor Corporation has announced that it successfully led a joint venture that supported the completion and startup of Tengizchevroil’s (TCO) Future Growth Project (FGP) at the Tengiz oil field in Kazakhstan. The Fluor-led joint venture, including partners Worley, Kazakh Institute of Oil and Gas, and KazGiproNefteTrans Engineering Company, has provided a suite of engineering, procurement, […]
Joint venture Acquires Eight-Building Small Bay Industrial Portfolio in South Florida
A joint venture between Tramview Capital Management and East Capital Partners recently completed the off-market acquisition of an eight-building small bay industrial portfolio located in the thriving Port St. Lucie, FL market. The 133,172-square-foot infill portfolio is strategically situated proximate to Interstate 95, an abundance of retail amenities, consumers, and the rapidly expanding residential base […]
Indosat, Lintasarta, and BDx Collaborate to Launch Indonesia’s AI-Powered Data Center Park
![[From left to Right] Mayank Srivastava, CEO, BDx Data Centers; Jensen Huang, Founder & CEO of NVIDIA; Vikram Sinha, President Director and CEO of Indosat Ooredoo Hutchison; and Ronnie Vasishta, Senior Vice President of Telecom at NVIDIA, at Indonesia AI Day 2024 (Photo: Business Wire)](https://worldbusinessoutlook.com/wp-content/uploads/2024/12/BDX-Indosat-Ooredoo-Hutchison-And-Lintasarta-Executives-1024x505.png)
BDx Indonesia, a joint venture between Indosat Ooredoo Hutchison (Indosat or IOH), Lintasarta, and BDx Data Centers (BDx), has recently launched an AI data center park in Indonesia. The phase 1 deployment of the renewable energy-powered CGK4 AI campus is equipped with NVIDIA’s AI and accelerated computing platform. Guided by the spirit of Gotong Royong, […]
P3 Group And FPT Software Launches P3 Vietnam Ltd-A Joint Venture
FPT Software, a leading global technology company, and P3, an international management consultancy founded in 1996, recently announced the establishment of the joint venture P3 Vietnam Ltd. This partnership combines their complementary strengths and sets new standards in software development. Customers benefit from the ideal combination of P3’s deep industry understanding and FPT’s impressive scalability, […]
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 […]
