Electrica and Esyasoft to deploy, finance smart-grid technologies in Romania
BUCHAREST: Electrica Group has announced the signing of a Memorandum of Understanding (MOU) with Esyasoft Holding Ltd. The agreement, signed on May 16, 2024, in...
69% of UK secondary students want to learn about AI in school
The world of education is on the cusp of a transformative shift, with Pearson, the foremost authority in learning, uncovering a striking trend: a majority...
OpenAI launches new AI model, , GPT-4o and desktop version of ChatGPT
OpenAI unveiled its advanced AI model, GPT-4o, and a new desktop ChatGPT version on Monday, marking a significant leap in accessibility and performance. The launch,...
Bregal Milestone acquires Novare Pay, appoints new Chair to Allshares board
In a significant move within the European tech sector, Bregal Milestone, a prominent private equity firm specializing in technology and software, has announced its acquisition...
Xponential Fitness appoints Brenda Morris as interim CEO
Xponential Fitness, Inc. (NYSE: XPOF), a leading health and wellness franchise, has announced a major reshuffle in its top management. Brenda Morris, a seasoned executive...
PIA’s business restructuring receives green light from Securities and Exchange Commission
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has given its nod to the Scheme of Arrangement proposed by Pakistan International Airlines Corporation Limited...
Diploma Plc has acquired PAR Group for £38 million
LONDON: Diploma PLC, the international value-add distribution group, has acquired PAR Group (PAR) for ca. £38 million. PAR Group is a UK-based, family-owned supplier of...
Dubai unveils ambitious AI blueprint to transform into a global tech hub
Dubai has announced the launch of its comprehensive AI blueprint, a strategic annual plan aimed at leveraging AI to enhance global quality of life. The...
Faysal Bank Limited posts 1QCY24 earnings of PKR 4.35/share
Faysal Bank Limited (FABL) unveiled its earnings (Profit After Tax) for the first quarter of CY24 today, standing at PKR 6.6bn (EPS: PKR 4.35). This...
OpenGate Capital sells SMAC to Compagnie Financière Jousset
OpenGate Capital, a prominent global private equity firm, has successfully completed the sale of SMAC, a leading French provider of waterproofing and building envelope systems....
Apax Funds to acquire Zellis Group
LONDON, UK: Apax Global Alpha (AGA), the closed-ended investment company providing access to the Apax Private Equity Funds, today announced that it expects to invest...
Everest Global buys 33% of Ace Jumbo Ventures
LONDON: Everest Global plc announced that on 08 April 2024 it entered into a share purchase agreement (SPA) with Giga Treasure Limited to acquire 33...