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 […]
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. […]
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 […]
SAVOYE signs agreement with INCUBE for expansion
SAVOYE, a warehouse automation integrator, and supply chain software publisher expands its international reach by signing an agreement with the recognized software solution provider, INCUBE company. INCUBE, one of the Middle East and North Africa’s premier supply chain mobility solutions provider now is stated to become the first distributor and integrator for Savoye software solutions […]
BPCL joins BARC to broaden AE tech for Green Hydrogen production
Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company has collaborated with Bhabha Atomic Research Centre (BARC) to scale-up Alkaline Electrolyser technology for Green Hydrogen production. Presently, Electrolyser Plants are imported. This is a first-of-its-kind initiative to support the country’s commitment to achieve renewable energy targets and reduce greenhouse gas emissions. […]
AAON announces completion of the acquisition of BasX Solutions
AAON, Inc. a company that provides HVAC products for non-residential buildings, today announced it completed the acquisition of BasX, LLC, dba BasX Solutions on December 10, 2021. The Company previously announced on November 18, 2021, that it had entered into a membership interest purchase agreement to acquire 100% of the equity interests of BasX, LLC. […]
Columbus launches Infor M3 Cloud for Accounts Payable solution
Columbus announces the launch of a new integration connector between the ERP system Infor M3 Cloud Edition and the Medius Spend Management and Accounts Payable solution. The integration connector enables a smooth transition for customers moving from on-prem to the cloud. Two years ago, Columbus and Medius started developing an integration connector to enable a […]
