18MW AI-ready facility developed in partnership with DC Max, a French data center developer with a 1GW pipeline Partnership provides preferential access to DC Max’s development pipeline, accelerating Phoenix’s goal towards an excess of 1GW global AI and HPC platform across Europe and the GCC Phoenix has already acquired the land for the Lyon site, […]
Bharat Forge Ltd. (BFL) (BSE: 500493, NSE: BHARATFORG), a global leader in advanced forging and precision engineering, today announced a long-term contract with Embraer for the manufacturing and supply of critical landing gear forgings. With this milestone, Bharat Forge becomes the first Indian supplier to join Embraer’s global aerospace supply chain for forged components. Under […]
Looking for a family-friendly resort in Phuket? Discover a private beachfront escape with spacious rooms and luxury comfort at Le Méridien Phuket Mai Khao Beach Resort. For families in the Middle East looking for a relaxing and private holiday, Phuket remains a top destination and May is an ideal time to visit. At Le Méridien Phuket […]
MTU’s engine leasing arm becomes a shareholder in TRecs, reinforcing its commitment to digitalising engine lifecycle management MTU Maintenance Lease Services B.V. (“MLS”), the engine leasing and asset management arm of MTU Maintenance, today announced a strategic minority investment in TRecs (trecs.aero). TRecs is a platform digitalising Open Item List (OIL) management across the engine lifecycle, from initial […]
8th Annual Report analyzes data on IT and data center outages including causes, frequency, costs, and consequences Uptime Institute today announced the release of its 8th Annual Outage trends report, an ongoing series from Uptime Institute Intelligence analyzing IT service resiliency. Outage prevention continues to be a central focus for data center operators as demand […]
Powered by TCL’s latest SQD-Mini LED breakthrough, the new lineup brings exceptional brightness, cinematic colour precision, advanced halo control, and Audio by Bang & Olufsen to consumers across the UAE. TCL, a global leader in consumer electronics and the world’s No.1 Mini LED and Ultra Large Screen TV Brand (75”+)¹, has officially unveiled its 2026 […]
In a16z’s first investment in the GCC, the Riyadh-based fintech positions itself as the unified infrastructure layer for financial institutions worldwide Stitch, the operating system built for modern financial institutions, today announced it has raised $25 million in Series A funding led by Andreessen Horowitz (a16z). The investment marks a16z’s first in the GCC and […]
Damco Solutions, a global digital technology services company, celebrated its 30th anniversary, endearingly termed Damco Day, with events spanning the globe, bringing together clients, employees, and leadership under the theme of Velocity: the idea that speed without direction is just movement, but speed with purpose is transformation. Founded on May 1, 1996, from a basement […]
Global partnership unites world-class CTRM implementation expertise with deep commodity markets advisory capabilities Pyxis Group and Principia Consulting today announced the formation of a strategic joint venture to jointly serve the global commodity and energy markets. The partnership brings together two highly specialized firms whose capabilities are designed to complement each other. This joint venture […]
Early investor Yazan Al Homsi cites disciplined execution and responsible AI deployment as factors behind the platform’s accelerating growth trajectory Edumentors (edumentors.co.uk), an AI-enabled online tutoring marketplace connecting students with tutors from elite universities, including Cambridge and Oxford, has surpassed $4 million in cumulative sales and posted 1.8 times year-over-year revenue growth. The company has […]
Montage Ras El Hekma introduces the first branded residences for purchase at the Mediterranean destination, alongside the region’s first Montage resort Abu Dhabi-based Modon Holding and Montage Hotels & Resorts have announced Montage Ras El Hekma, which will introduce the first branded residences for purchase at Ras El Hekma on Egypt’s Mediterranean coast. This is […]
BlueFive Capital is pleased to announce it has signed a binding share subscription agreement with Gulf General Cooperative Insurance Company, a publicly listed company on Saudi Arabia’s Stock Exchange. The agreement sets out a series of actions to restructure the Company’s share capital in order to strengthen the Company’s financial position. It includes: Reducing the […]
