LONDON, UK: Informa Plc, a UK-based information services company, has announced a deal to merge its digital businesses with TechTarget, a US-based provider of data-driven B2B products for the technology sector. The deal will create a new entity called New TechTarget, which will be listed on the Nasdaq stock exchange and have a majority ownership…
Al Moammar Information Systems to invest 40 million riyals in AI sector
RIYADH: Al Moammar Information Systems Company, a leading provider of IT solutions and services in Saudi Arabia, has decided to allocate 40 million Saudi riyals ($10.7 million) to create an investment portfolio that will target international companies in the field of artificial intelligence (AI). The company said in a statement that the Board of Directors…
Lenovo unveils self-powered mouse and keyboard at CES 2024
At the Consumer Electronics Show (CES) 2024 in Las Vegas, Lenovo has revealed a new concept for a mouse and keyboard combo that does not require any external power source. The Mechanical Energy Harvesting Combo, as it is called, uses the motion of typing and solar energy to generate electricity for both devices. The mouse…
Lenovo ThinkBook Plus Gen 5 Hybrid hands-on: A laptop and a tablet in one
Lenovo has unveiled a new product that aims to combine the best of both worlds: a Windows 2-in-1 laptop that turns into a fully-fledged Android tablet when you detach the screen. The Lenovo ThinkBook Plus Gen 5 Hybrid is a mouthful of a name, but it’s also a fascinating device that offers a lot of…
Zenbook Duo (2024): A dual-screen laptop with a detachable keyboard
Asus has been experimenting with dual-screen laptops for a while, and its latest offering is the Zenbook Duo (2024), a 14-inch laptop with two OLED touchscreens and a detachable keyboard. The Zenbook Duo is a unique device that aims to offer more productivity and creativity options for users who want to multitask and work on…
PayPal appoints Simon Bladon as new UK CEO
PayPal, the leading payments company, has announced the appointment of Simon Bladon as its new UK CEO. He is the former managing director of customer and digital at Barclays, where he worked for more than two decades. According to a repot, Bladon joined Barclays in 2004 as the head of legal for EMEA and later…
Pakistani banks shine in Asia-Pacific as stock market rallies to record highs
Pakistani banks dominated the list of the best-performing bank stocks in the Asia-Pacific region in the last quarter of 2023, as the Pakistan Stock Exchange (PSX) soared to new heights amid improved economic outlook and investor confidence. According to data from S&P Global Market Intelligence, 11 Pakistani banks were among the top 15 bank stocks…
How Sony’s new system will revolutionize spatial content creation
Sony Corporation has unveiled development plan of a new system for creating immersive spatial content, which consists of an extended reality (XR) headset with high-quality 4K OLED microdisplays and video see-through capability, and a pair of controllers that enable easy interaction with 3D objects and accurate pointing. To be released later in 2024, the system…
Africa Oil Corp. announces farmout deal with TotalEnergies for offshore Namibia oil interests
VANCOUVER: Africa Oil Corp. (AOC) has announced a farmout deal with TotalEnergies for its offshore Namibia oil interests. The deal will see AOC’s investee company, Impact Oil and Gas, receive a 9.5% stake in two blocks that are part of the Venus oil development project. Impact will also get a cash reimbursement of about USD…
Compre Group acquires portfolios of European casualty and motor liabilities
LONDON, UK: Compre Group Holdings Limited, the Bermuda-domiciled international legacy group, today announced the acquisition of two portfolios of European casualty and motor liabilities from separate undisclosed international insurance groups. All necessary approvals have been granted by Bermudian and European regulators, allowing Compre’s class 3B Bermudian reinsurer Pallas Reinsurance Company Ltd. to reinsure approximately €200m…
EPC Group acquires Spanish measuring instrument companies Vibraquipo and Vibratesting
PARIS, FRANCE: EPC Group, a French leader in the field of explosives, demolition and drilling-mining, announced on January 9, 2024 that it has acquired 100% of the shares of Vibraquipo and Vibratesting, two Spanish companies specialized in the design, sale and calibration of measuring instruments for mines and quarries. The acquisition will allow EPC Group…
Elis signs deal to acquire Moderna Holding BV in the Netherlands
SAINT-CLOUD: Elis, the global leader in circular services at work, today announced the signing of an agreement to acquire 100% of Moderna Holding BV in the Netherlands. The closing of the transaction is expected to occur before the end of Q1 2024, subject to the standard regulatory reviews. Moderna operates a very modern plant that…