Meta, NIBAF collaborate to up-skill women entrepreneurs
KARACHI, PAKISTAN: Meta is collaborating with the National Institute of Banking and Finance (NIBAF), a subsidiary of the State Bank of Pakistan (SBP) to train and...
Etalon to acquire YIT Corporation’s Russian business for RUB 4.59 billion
MOSCOW, RUSSIA: Etalon Group Plc, one of Russia’s largest and longest-established development and construction companies, announced that its Board of Directors has reviewed and approved...
Coworking space startup, Colabs, secures $3 million in seed funding
LAHORE, PAKISTAN: Coworking space startup, Colabs, has secured $3 million in seed funding in a round led by Indus Valley Capital, Zayn Capital and Fatima Gobi Ventures....
Samsung Electronics appoints new chief executive officer
LONDON: Samsung Electronics Co., Ltd., on March 16, 2022, announced the appointment of Kye Hyun Kyung as one of its Chief Executive Officers....
Etalon Group announces changes to Board of Directors
MOSCOW: Etalon Group Plc, one of Russia’s largest and longest-established development and construction companies, announced changes to the membership of its Board of Directors. Etalon Group’s...
Google is buying cybersecurity firm Mandiant for $5.4 billion
LONDON, UK: Alphabet Inc’s Google is buying cybersecurity firm Mandiant Inc for $5.4 billion. A shift to remote working during the pandemic, as well as...
PetroTal reduces production due to protests at its loading dock
HOUSTON, TEXAS: PetroTal Corp. (AIM: PTAL) has reduced production to ensure field safety and manage storage levels due to social protests at PetroTal’s loading dock....
ALYI to accelerate EV rollout expansion by accepting Cryptocurrency
DALLAS: Alternet Systems Inc. (ALYI) will expand its electric vehicle rollout to new cities beyond Addis Ababa and Nairobi in conjunction with accepting cryptocurrency for...
Ellington Financial buys additional 49.6% interest in Longbridge for $75mn
OLD GREENWICH: Ellington Financial Inc. (NYSE: EFC) has entered into a definitive agreement to purchase an additional 49.6% ownership interest in Longbridge Financial LLC from...
Pakistan-based NayaPay raises $13mn in largest seed rounds in South Asia
KARACHI, PAKISTAN: NayaPay, a Pakistan-based fintech platform, has raised $13 million in one of the largest seed rounds in South Asia. Bringing together a diverse...
MoneyLion acquires Even Financial
NEW YORK: MoneyLion Inc. (NYSE: ML) has completed its acquisition of Even Financial Inc., the category-leading embedded finance marketplace. “With this transaction, we have combined...
Enterprise completes $3.25bn acquisition of Navitas Midstream
HOUSTON: Enterprise Products Partners L.P. (NYSE: EPD) announced that one of its affiliates completed the previously announced $3.25 billion acquisition of Navitas Midstream Partners, LLC....