Pak Kuwait Investment Company & Enertech Kuwait sign $750mn investment agreement

KARACHI, PAKISTAN: Pakistan Kuwait Investment Company (PKIC) has entered into a strategic alliance agreement with Enertech Holding Company KSC, a subsidiary of Kuwait Investment Authority, worth $ 750 million, with…

NNR May 9, 2022

Wire

Launch of AIB Foresight Impact Fund

LONDON, UK: Foresight Group Holdings Limited, a leading infrastructure and private equity manager, announced that it has been appointed by Allied Irish Banks ("AIB"), Ireland's largest financial services provider, to…

NNR May 9, 2022

Wire

Federated Wireless secures $14mn in Series D Funding for Private 5G

ARLINGTON: Federated Wireless, the leader in shared spectrum and CBRS technology, has closed on an additional $14 million in Series D funding bringing the total raised in the round to…

Ali Mirza May 3, 2022

Wire

Energy technology firm ComboCurve announces $50mn Series B Financing

Growth round to accelerate expansion of ComboCurve’s leading energy technology platform HOUSTON, TEXAS: ComboCurve, the cloud-based energy analytics and operating platform of choice for many of the world’s largest energy…

NNR April 26, 2022

Wire

Schneider Electric introduces Easy Micro Data Centers

KARACHI, PAKISTAN: Schneider Electric has expanded its Micro Data Center solutions portfolio with the introduction of the Easy Micro Data Center Series for standard IT and commercial environments. Available in…

NNR April 22, 2022

Wire

Elon Musk’s The Boring Company raises $675mn Series C funding

NEW YORK: Elon Musk founded The Boring Company announced Series C funding round of $675 million, led by Vy Capital and Sequoia Capital, with participation from Valor Equity Partners, Founders…

NNR April 21, 2022

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Elon Musk offers to buy Twitter for $43 billion

Elon Musk has made an offer of $54.20 per share in cash, representing a 54% premium over the Jan 28. closing price and a value of about $43 billion to…

NNR April 14, 2022

Wire

eDriving signs international collaboration with Bosch Service Solutions

LONDON: eDriving, a Solera company and a leading provider of digital driver risk management solutions, today announced an exciting new international collaboration with Bosch Service Solutions, a leading provider for…

NNR April 12, 2022

Wire

SHEIN, the B2C fast fashion e-commerce platform, will raise $1.0bn

SHEIN describes itself as “an international B2C fast fashion e-commerce platform (that) focuses on women's wear, but also offers men's apparel, children's clothes, accessories, shoes, bags and other fashion items.…

NNR April 6, 2022

Wire

Bernard Pryor appointed Managing Director of Karo Mining Holdings

PAPHOS, CYPRUS: Tharisa Plc, the platinum group metals (PGMs) and chrome co-producer listed on the Johannesburg and London stock exchanges, announced that Bernard Pryor has been appointed as Managing Director…

NNR April 4, 2022

Wire

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 up-skill Pakistani women entrepreneurs in…

NNR April 1, 2022