News Articles

I Squared Capital Closes Its Largest Global Infrastructure Fund to Date at $15 Billion MIAMI -Thursday 7 April 2022

(BUSINESS WIRE) -- I Squared Capital, a leading global infrastructure investment manager, has closed its ISQ Global Infrastructure Fund III at the $15 billion legal cap, exceeding an initial target of $12 billion. Including commitments from I Squared Capital and a dedicated co-investment...

Labeyrie Fine Foods Partners with Rimini Street to Enable the Company’s Digital Evolution -Thursday 7 April 2022  

(BUSINESS WIRE) -- Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products, and a Salesforce partner, today announced that the France-based Labeyrie Fine Foods moved its...

76% of organizations suffered downtime and data loss in 2021, system crashes, human error and cyberattacks to blame -Thursday 7 April 2022  

Acronis, the global leader in cyber protection, has released its annual Cyber Protection Week Global Report 2022 timed to this year’s World Backup Day. The report which surveyed over 6,200 IT users and IT managers from small businesses to enterprises across 22 countries,  including the...

Tigo Energy Delivers 30% More Energy for Dutch Residential Photovoltaic Solar System -Thursday 7 April 2022  

(BUSINESS WIRE) -- Tigo Energy, Inc., the solar industry’s leading Flex MLPE (Module Level Power Electronics) supplier, today revealed that one of the Company’s solar systems in the Netherlands consistently produces 30% more energy by using Tigo MLPE Optimizers. The drastic increase in...

O-RAN ALLIANCE Announces its Release 002, New Specifications and 2022 Global PlugFests -Thursday 7 April 2022  

Release 002 of O-RAN Minimum Viable Plan focuses on enabling Open RAN Intelligence 40 O-RAN specifications published since November 2021 Two O-RAN Global PlugFests planned in 2022 to extend the testing and integration First O-RAN specification submitted to become...

Tamweel Aloula Achieves Highest Annual Profit in Company History with 1.86 billion SAR in 2021 -Thursday 7 April 2022

Saudi’s Tamweel Aloula, the financial solution provider licensed by the Saudi Arabian Central Bank (SAMA), announced that it has achieved the highest annual profit in its history, with a SAR 50 million (before zakat) for the financial year 2021. The company’s financial performance for the...

INDOOR AIR QUALITY BEYOND THE PANDEMIC -Thursday 7 April 2022  

Since the onset of the pandemic, interest in healthier air and personal hygiene has increased. In particular, as people limiting their outdoor activities and spending more time indoors, much more attention is being given to effectively preventing the spread of infections viruses through indoor...

Fidel API Raises $65 Million Series B to Enable the Future of Programmable Money -Thursday 7 April 2022  

(BUSINESS WIRE) -- Fidel API, a global financial infrastructure platform, today announced it has raised $65 million in Series B funding. The round was led by Bain Capital Ventures, with participation from existing investors NYCA Partners, QED Investors and more. It brings Fidel API’s total...

i2c Partners with Fintech Unicorn PingPong to Power Rapidly Growing B2B Mastercard Credit Offering -Thursday 7 April 2022  

(BUSINESS WIRE) -- i2c Inc., a leading provider of digital payment and banking technology, today announced its partnership with PingPong, Hangzhou, China-based fintech unicorn providing business owners with modern, cross-border e-commerce payment solutions. Leveraging i2c’s agile SaaS...

DXC Technology Named a Leader in Everest Group’s Life Insurance and Pensions Report -Thursday 7 April 2022  

(BUSINESS WIRE) -- DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, has been named a Leader by research firm Everest Group in its PEAK Matrix® for Life and Pensions Insurance Business Process Services/Third Party Administrators Service Provider 2022...

Launch of School Bus Safe Driver Campaign by STS Group. -Thursday 7 April 2022  

Campaign focuses on six key areas of safe driving for school bus drivers Dubai Police, RTA, RoadSafetyUAE support the launch event Launch is followed by weekly and monthly school bus driver engagement STS Group wins 3x RoSPA Gold Awards for fleet...

Marrakech Investor Day: International investors are choosing Marrakech, one of the world’s dream destinations -Thursday 7 April 2022    

In collaboration with the International Finance Corporation (IFC) and the Swiss State Secretariat for Economic Affairs (SECO), the Marrakech-Safi Regional Center for Investment hosted the inaugural edition of the Marrakech Investor Day, a meaningful event designed to allow hundreds of investors...

BlackHouse Media announces first ever Africa PR and Comms Report -Thursday 7 April 2022  

(BUSINESS WIRE)-- BHM Research & Intelligence has announced that starting this year, its annual report on the public relations and communications sector in Nigeria, Africa’s largest economy, will be expanded to cover the whole continent, adding 53 more countries with a combined economy of over...

Kioxia Corporation Commences Construction of New Fabrication Facility at Kitakami Plant -Wednesday 6 April 2022  

(BUSINESS WIRE) -- Kioxia Corporation, the world leader in memory solutions, today held a groundbreaking ceremony for its state-of-the-art semiconductor fabrication facility (Fab2) at its Kitakami Plant in Iwate Prefecture, Japan. Utilizing AI-based cutting-edge manufacturing, the new facility...

BostonGene Announces $150 Million Series B Funding at a Multi-Billion Dollar Valuation, Propelling the Company to... -Wednesday 6 April 2022  

(BUSINESS WIRE) -- BostonGene today announced the completion of the $150 million Series B funding. NEC Corporation (NEC; TSE: 6701) led the financing with participation from Impact Investment Capital and Japan Industrial Partners. The capital will be used to scale BostonGene’s growth,...

rf IDEAS Supports FIDO2 for Seamless, Passwordless Authentication -Wednesday 6 April 2022  

(BUSINESS WIRE) -- rf IDEAS, a leading manufacturer of credential readers for authentication and logical access, is pleased to announce that select models of its WAVE ID® Plus, WAVE ID® Nano and WAVE ID® Nano OEM card reader families now support the FIDO2 NFC protocol. This technology...

Medline to Acquire ASID BONZ -Wednesday 6 April 2022  

(BUSINESS WIRE) -- Medline International B.V., a leading manufacturer and distributor of healthcare supplies in Europe, and Medi-Globe Group, headquartered in Germany, announced today that Medline has entered into a definitive agreement to acquire 100% of shares of ASID BONZ GmbH from Medi-Globe...

Wallet Factory Wins Gold Stevie® Award In 2022 Middle East & North Africa Stevie Awards -Wednesday 6 April 2022  

(BUSINESS WIRE) -- Wallet Factory, a FinTech provider of reliable digital financial services and platforms for banks and NBFI, has announced to become the winner of a GOLD Stevie® Award for the Innovation in Technology Development in the Financial Services category in the third annual Middle...

CloudBlue and CloudSense Strike a Strategic Relationship to Connect Telecommunications Providers With a Broad Ecosystem... -Wednesday 6 April 2022

(BUSINESS WIRE) -- CloudBlue, a leading cloud ecosystem technology company which powers some of the largest commerce platforms for cloud and IT channel products globally, today announced an agreement with CloudSense, provider of one of the market’s most powerful Configure, Price, Quote (CPQ)...

NOV Appoints New Senior Leader in Middle East -Wednesday 6 April 2022  

(BUSINESS WIRE) -- NOV Inc. (NYSE: NOV) today announced that it has promoted Adel Badghaish to the newly created role of President, NOV Saudi Arabia Limited and Managing Director, Middle East. Based in Dammam, Saudi Arabia, Badghaish will work closely with NOV’s customers to expand its...