LUCKNOW, INDIA: CedCommerce, a prominent multichannel enabler, has announced a strategic partnership with AliExpress, marking a significant step in e-commerce by offering sellers an innovative tool to expand their reach. The CedCommerce AliExpress Integration is designed to connect sellers on platforms like WooCommerce, Prestashop, and Adobe Commerce directly with AliExpress, streamlining the process of listing…
Helsinki’s Kiilto Ventures backs Yuon Control AG’s funding round
Helsinki’s Kiilto Ventures has announced a strategic investment in the Burgdorf-based Cleantech startup Yuon Control AG. This investment is set to catalyze the market adoption of Yuon’s pioneering heating control system, which boasts predictive and self-learning capabilities aimed at enhancing the efficiency of heating networks. Yuon’s innovative technology stands out by potentially reducing energy consumption…
RAIR Technologies unveils RAIRprotocol for scalable dApp development
LOS ANGELES: At the Tokenize LA Conference, RAIR Technologies announced the launch of RAIRprotocol, a groundbreaking open-source dApp protocol layer. This innovative platform is designed to facilitate the creation of scalable decentralized applications (dApps) by leveraging an open token licensing model. RAIRprotocol consolidates Smart Account, Marketplace, Digital Rights Management (DRM), and Non-Fungible Token (NFT) infrastructure…
ADNOC Logistics and Services posts 34% increase in net profit in Q12024
ABU DHABI, UAE: ADNOC Logistics and Services plc (ADNOC L&S), a global energy maritime logistics announced its Q1 2024 financial results. For the first quarter of 2024, ADNOC L&S delivered a net profit of $194 million (AED712 million), or $0.03 (AED 0.10) per share, representing a 34% increase over a net profit of $145 million…
Dana Gas reports decline in earnings in Q12024
SHARJAH, UAE: Dana Gas PJSC, the Middle East’s largest regional private sector natural gas company, announced today its financial results for the quarter ended 31 March 2024. For the first quarter of 2024, the Company generated revenue of AED 356 million ($97m) and net profit of AED 139 million ($38m), marking a reduction versus Q1…
Dubai Taxi Company reports 16% revenue growth in Q1 2024
Dubai, UAE – Dubai Taxi Company PJSC (DTC), the premier mobility solutions provider in Dubai, has released its financial results for the first quarter of 2024, showcasing a continuation of its strong growth trajectory. The company’s revenue saw a significant increase of 16% year-on-year, reaching AED 558.4 million, attributed to enhancements across all operational segments….
A Beginner’s Guide to the Dow Jones Industrial Average
DJI 38,884.26 +31.99 +0.08% : DOW – MSN Money In the bustling trading floors of Wall Street, where fortunes are made and lost in the blink of an eye, there lies a pulse that beats to the rhythm of the global economy—the stock market. It’s a world where a single percentage point can translate into…
Great Places Housing Group appoints Alison Dean as new CEO
LONDON: Great Places Housing Group has appointed current Deputy Chief Executive Alison Dean as its new Chief Executive Officer following a robust recruitment process. The decision was ratified by the Board at a meeting on 2 May 2024. Current CEO Matt Harrison who has led the group for over 10 years, and been with the…
DGI partners with EVAge Motors to manufacture world-class electric motor in India
LONDON: DG Innovate (LSE: DGI), the advanced R&D company developing pioneering solutions in sustainable mobility and energy storage, has entered into an MoU to establish a transformative joint venture (JV) with EVage Motors (EVage), the fastest-growing electric truck company in India. The planned JV will allow DGI to pursue a faster, lower-cost route to high-precision…
PetroTal announces acquisition of Block 131 in Peru
HOUSTON: In a significant expansion of its operations, PetroTal Corp. has announced the successful execution of an agreement to acquire CEPSA Peruana, S.A.C., thereby securing a 100% working interest in the Los Angeles field within Peru’s Block 131. The $5.0 million cash deal marks PetroTal’s first acquisition since its Peruvian debut in 2017 and represents…
Tesla & Ford Supply Chain & Battery executive Annie Liu joins TeraWatt Technology
TeraWatt Technology Inc., a next-generation battery producer announced the appointment of former Tesla & Ford supply chain & battery executive Annie Liu as an External director. Ms. Liu boasts a proven track record of securing transformative multi-billion-dollar partnerships across the battery supply chain, encompassing cell manufacturers and facilitating Gigafactory development. She is the Founder of…
Oneflow launches a new AI-powered platform
STOCKHOLM: Oneflow (Stockholm: ONEF) has unveiled its latest innovation, Oneflow AI, an AI-augmented platform designed to revolutionize the way businesses handle contracts. Promising to accelerate the contract writing, reviewing, and analyzing processes by tenfold, Oneflow AI stands poised to transform contract management at an unprecedented scale. Anders Hamnes, the visionary CEO and Founder of Oneflow,…