Bentley Systems, a software company that provides solutions for infrastructure engineering, has announced that it has acquired Blyncsy, an AI company that offers services for transportation departments to monitor and maintain road conditions. The acquisition is part of Bentley’s iTwin…
Chesapeake Energy, a major energy company based in Oklahoma, has announced that it will complete its exit from the Eagle Ford shale region in Texas by selling its remaining assets there to SilverBow Resources, a Houston-based exploration and production company….
ZTX, a web3 virtual world and creator platform, has announced that it has raised $13 million in seed funding from a group of investors led by Jump Crypto, a crypto-focused investment firm. The funding round also included Collab+Currency, Parataxis, MZ…
Dubai Aerospace Enterprise (DAE), a leading global provider of aviation services and leasing solutions, has announced that it has agreed to buy 64 Boeing 737 MAX aircraft from a subsidiary of China Aircraft Leasing Group Holdings Limited (CALC), a major…
LONDON, UK: ITV, the UK’s largest commercial broadcaster, has announced its third deal of 2023 as part of its Media for Equity portfolio, investing in Flarin, a pain relief brand that offers a unique and patent protected anti-inflammatory painkiller. This…
BENGALURU, INDIA: India’s Infosys and Liberty Global have signed an initial five-year agreement worth 1.5 billion euros ($1.64 billion) to evolve and scale the communications firm’s digital entertainment and connectivity platforms, the companies said in a joint statement on Tuesday….
SYDNEY, AUSTRALIA: UNITH, a company that develops digital human technology, has announced the launch of three digital humans that have been integrated into its website for public engagement and demonstration. The digital humans are AIKO, a UNITH spokesperson, LAIA, a…
BP, the British energy giant, has invested in a start-up company that is developing a novel technology to produce zero-carbon hydrogen from water vapour emitted by heavy industry. The technology, called Symbion, uses heat from existing industrial operations to reduce…
OSLO, NORWAY: Argeo Robotics AS, a fully owned subsidiary of Argeo AS, has been granted a new patent from the Norwegian Industrial Patent office (Patentstyret) safeguarding the innovative design of the groundbreaking “Argeo Discover” high-energy electromagnetic system. “Argeo Discover”, the…
DUBAI, UAE: Drake & Scull International PJSC (DSI), a regional market leader in integrated design, engineering, and development in the MEP, Water and Power and Oil and Gas sectors, has announced its reviewed financial results for the second quarter of…
DUBAI, UAE: SALAMA, UAE’s largest Takaful solutions provider, has announced a net profit of AED 12.26 million for the first half of 2023, driven by the development of digital capabilities, improved underwriting discipline, expansion of the client portfolio, engaging in…
DUBAI, UAE: AMAN Insurance Company, a Dubai-based Islamic insurance and reinsurance provider, has announced a net profit of AED 4 million for the second quarter of 2023, a 179% increase from the same period last year, when it recorded a…