TSFE and B Investments co-invest in Egypt’s healthcare sector
The Sovereign Fund of Egypt (“TSFE”) through its healthcare and pharmaceutical industries Subfund (“TSFE Healthcare & Pharma Subfund”) and B Investments Holding S.A.E. (“B Investments”), BPE Partners’ flagship investment vehicle, announce the signing of two agreements to invest over EGP 2 billion in specialized healthcare, and pharmaceuticals distribution and trade services in Egypt. The first […]
Hilton signs one more property in Marsa Alam
Hilton announced the signing of its second property in the city of Marsa Alam, Hilton Marsa Wazar Red Sea Resort & Spa. In partnership with Boulevard for Tourism Development, the property will be operated under the Hilton Hotels & Resorts brand. Located along the beautiful shores of the Red Sea, Hilton Marsa Wazar Red Sea […]
Takeda to procure License of HUTCHMED’s Fruquintinib
Takeda announces that it has entered into an exclusive licensing agreement with HUTCHMED (China) Limited and its subsidiary HUTCHMED Limited, for the further development and commercialization of fruquintinib outside of mainland China, Hong Kong and Macau. Approved in China in 2018, fruquintinib is a highly selective and potent inhibitor of vascular endothelial growth factor receptors […]
YOTEL declares that NEOM’s Oxagon will house its first hotel in the SA
YOTEL – a global hospitality brand known for challenging the status quo – announces its first hotel signing in Saudi Arabia (SA). Scheduled to open in 2025, the YOTEL property will also be the first hotel to open in Oxagon, which will be the home of advanced and clean industries in NEOM. “Oxagon’s ambition to […]
Mohammed bin Saud Al Qasimi sets the cornerstone for Tasjeel’s site in Sharjah
ENOC’s Tasjeel, the UAE’s first and largest testing and registration centre, in collaboration with Sharjah Asset Management, marked the ground-breaking of its first site offering testing services for both light vehicles and heavy vehicles. Located in Al Sajaa in Sharjah, the new site brings the total number of testing centres in the Emirate to 13. […]
EL&N London expanding branch in Jeddah at Atelier La Vie
UK based café and restaurant sensation EL&N London, the world’s most Instagrammable café opened their first flagship in Jeddah, at Atelier La Vie with a stylish destination that blends creative spirit with the glitz and glamour of the French Rivera, labelling the new destination café as “The Riviera paradise in Jeddah”. “EL&N London” is expanding […]
Andrew G. Polanco takes reigns from Gordon M. Hyde as RPMs VP of Manufacturing
RPM International Inc. recently announced that Andrew G. Polanco has been appointed Vice President (VP) – of manufacturing for RPM. In line with this appointment, RPM also recently announced the retirement of Gordon M. Hyde, who previously served in this role. Industry sources added that Polanco joined RPM as senior director of purchasing for its DAP […]
Cepton accomplishes USD100mln Investment from Koito Manufacturing
Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, recently announced the accomplishment of the USD$100 million investment (the “Investment”) of its long-time Tier 1 partner and current shareholder Koito Manufacturing Co., Ltd. (“Koito”) (TSE: 7276) on January 19, 2023. Industry sources added that the investment in convertible preferred stock was […]
eQ Technologic links with AWS Partner Network
eQ Technologic, provider of eQube -DaaS, the powerful low/no-code data integration and analytics platform, is proud to announce that it has joined the Partner Network (APN ) from Amazon Web Services (AWS). APN is a global community of AWS Partners who use AWS to build innovative software solutions and services. AWS offers technical support and expertise to […]
IAB elects Alysia Borsa as Dotdash Meredith’s New Board Chair
The Interactive Advertising Bureau (IAB), the digital media and marketing trade association, recently announced that it has named Alysia Borsa, Chief Business Officer and President of Lifestyle at Dotdash Meredith, as Chair of the trade organization’s Board of Directors. Borsa has served on the board since February 2020, most recently as IAB Board Vice Chair. Alysia takes […]
