EnerMech secures over (USD) $128mln in new contract wins in Africa, Middle East and Caspian

Global integrated solutions specialist EnerMech has secured a number of OPEX and CAPEX contracts in core and new markets totalling (USD)$128 million across its Africa, Middle East and Caspian locations. This success follows a programme of strategic growth activities including a new equipment investment of approx. (USD) $10 million, signing a number of in-country joint […]

MEPRA hosts its first-ever Arabic Communications awards

The Middle East Public Relations Association (MEPRA) hosted its first-ever edition of the Arabic Communications Awards signaling a new dawn for the regional Arab-speaking brand and corporate communications practitioners. Attended by over 150 guests, the inaugural Arabic Communications MEPRA Awards was a welcome addition to MEPRA’s awards scheme having attracted over 20 public relations agencies and […]

Startup Growth Agency, Tailored Brands, Evolves to become ‘Ventuure’ to Scale Series A & B Startups

Startup Growth Agency, Tailored Brands, announced it is rebranding to become Ventuure to evolve its mission to support Series A and B startups. Ventuure will combine strategic consultancy and investment readiness with agency execution to help UK, EU and US startups looking to scale. Born out of Microsoft for Startups, the team behind Ventuure have worked with over 300 […]

Stellar Ventures Closes $23M Fund for Next Generation of Space Entrepreneurs

Stellar Ventures launched its first fund, SV Andromeda Fund LP, which recently held its final closing with over $23M in capital commitments and the mission to invest in the future of space technology. Drawing on the extensive network and technical expertise of aerospace engineering partner Stellar Solutions, Inc., Stellar Ventures is uniquely positioned to identify leading terrestrial […]

Klarna closes major financing round during worst stock downturn in 50 years

Klarna, the global leader in the generational shift away from credit cards, announced the closing of a new $800m financing at a $6.7bn post valuation. The financing attracted strong support from both existing and new investors and will primarily be used to expand Klarna’s leading market position in the United States. Sebastian Siemiatkowski, CEO of Klarna stated, “It’s a testament to the […]

Officials from across Asia Pacific region to adopt multilateral declaration to accelerate global trade

The World Logistics Passport (WLP), announced at its second Annual WLP Global Summit it has almost doubled in size in its second year of operation – with its footprint now covering over 40 countries and nearly half (47%) of global trade – while WLP members including India, Vietnam and Kazakhstan, among others, are to adopt a new declaration to accelerate global trade. […]

The Arab Academy for Science, Technology & Maritime Transport in Egypt, to Launch the First Artificial Intelligence Lab in the MENA, Together with RobotLAB from the USA. The First of its Kind Partnership in the Region.

Today, the #1 ranked university in Egypt in quality of learning – The Arab Academy for Science, Technology & Maritime Transport (AASTMT) and RobotLAB, the leading educational robotics company, jointly announced signing a first-of-its-kind partnership between the parties to build an artificial intelligence and robotics lab on the campus. The AI LAB is the first and largest of […]

Dubai Investment Fund (DIF) Announces the Creation of ESG Investment Department

Dubai Investment Fund (DIF), one of world’s largest global independent investment funds and asset manager, that effectively manages financial resources through diversification into new asset classes, today announced the creation of ESG Investment Department. “Investing in areas, that will bring not only profits, but also long-term benefits for the whole community is one of our […]