RIYADH: Advanced Petrochemical Company announced that its Propylene & Polypropylene plants will undergo a periodic scheduled maintenance from 04/02/2024 to 27/02/2024 by utilizing available Propylene stock, as well as outsourced Propylene. Propylene plant will be restarted from 03/03/2024 after the…
RIYADH, KSA: Lana Medical Company announced the acquisition of 100% of Saham Environmental Services Company, at a value of 5 million riyals. The acquisition is in line with the company’s strategy aimed at expansion and searching for investment opportunities in…
The tech industry is facing a paradoxical situation in 2024: while some segments are cutting jobs to cope with rising costs and shifting priorities, others are hiring aggressively to gain an edge in artificial intelligence (AI). According to the website…
Cencosud S.A., one of the largest retail conglomerates in Latin America, announced today that Rodrigo Larraín Kaplan will be its new CEO, starting from March 1, 2024. Larraín, who has more than 25 years of experience in the industry, is…
Teleperformance, a global leader in digital business services, announced the launch of TP Infinity, a global digital consulting arm that aims to help clients build stronger brands through enhanced customer experience (CX). TP Infinity combines Teleperformance’s digital CX and transformation…
OctaiPipe, a UK-based startup that offers an end-to-end Edge AI platform for Critical Infrastructure, has secured £3 million in pre-Series A funding and a £500,000 non-equity grant from various investors and partners. The company will use the funds to further…
OSLO, NORWAY: Techstep today announced the appointment of Morten Meier, a seasoned senior executive from the software and technology industry, as CEO. Mr. Meier brings more than 25 years of experience from international organisations in the areas of leadership, strategy,…
Singapore-based Jadestone Energy has signed a preliminary agreement with PV Gas, Vietnam’s state-owned gas company, to sell gas from its Nam Du and U Minh fields in the southwest of the country. The deal covers a daily contract quantity of…
AMSTERDAM: Corbion, a global leader in ingredient solutions, has agreed to sell its emulsifiers business to Kingswood Capital Management, a private equity firm based in Los Angeles. The deal, which is subject to regulatory approvals and other conditions, is expected…
LONDON, UK: Global Petroleum Limited, an oil and gas upstream exploration company presently focused on Africa and the Mediterranean, has entered into a Partnership Agreement (PA) with Cynergy East Med LLC. Under the terms of the agreement, Cynergy and Global…
LONDON, UK: FirstGroup plc has signed an agreement to acquire York Pullman Bus Company Ltd, a high-performing business comprising five well-established coach services brands. York Pullman has a strong presence in regional and adjacent services operations in York and surrounding…
Arlington Capital Partners, a private investment firm based in Washington, D.C., has launched Keel Holdings, LLC, a new company that combines three leading manufacturers of complex structures for the U.S. military and other customers. Keel Holdings, LLC was formed by…