CRI completes USD 30Mln financing round with new investors
Carbon Recycling International (CRI) announced the closing of a 30-million-dollar equity investment round that was announced at the company’s annual general meeting last year. Equinor Ventures is leading a group of new investors joining CRI’s shareholder group. Along with Equinor Ventures Gildi, Sjóvá and Lífeyrissjóður Vestmannaeyja have also participated in the investment round. Equinor Ventures is Equinor’s corporate […]
Risen Energy signs 1GW solar module deal with Athein
Risen Energy Co., Ltd., a leading vertically integrated solar company, has signed a supply agreement with Athein Holding Pte Ltd, an independent power producer (IPP) platform company incorporated in Singapore. The agreement will see Risen Energy provide up to 1 GWp of cutting-edge Heterojunction with Intrinsic Thin layer (HJT) photovoltaic modules to Athein Holding Pte Ltd, a […]
TONOMUS introduces a new “next billion” competition
TONOMUS — the cognitive multinational conglomerate and the first company to be established as a full-fledged subsidiary of NEOM — recently announces the launch of the second venture competition by its TONOMUS Venture Studio at LEAP23. Titled ‘The Next Billion’, the new initiative invites participants to consider the new technologies and innovation that an additional […]
Air Arabia and DAL Group establish a joint venture to start a new airline in Sudan
Sudan’s most innovative and customer-focused conglomerate, DAL Group, and Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier operator, today announced the planned launch of “Air Arabia Sudan”, a joint-venture company to be based in Khartoum International Airport. Air Arabia Sudan will follow the value-added product offering operated by Air Arabia […]