Industry
UK Engineering Giant Wood Group Gains $450 Million Boost from Sidara
According to the terms presented to investors, Sidara is offering Wood 30 pence per share. Depending on the...
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Maersk set to restart Suez Canal journeys this December after fresh agreement with Egypt’s SCA
Maersk-affiliated ships will start making limited trips through the canal in early December, according to the...
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China’s UBTech Robotics seeks Big Capital Push with $400 Million Hong Kong Share Deal
UBTech seems to be concentrated on making sure it can meet growing demand with both speed and...
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Aldar Expands Industrial Portfolio Through Acquisition of KEZAD Assets for $155 Million
Aldar announced that they are investing $1 billion in residential, commercial, and logistics properties surrounding Abu...
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Paramount Skydance to Invest $1.5 Billion Into Programming to Expand Streaming Business
The company also plans to implement a unified technology stack across Paramount+, Pluto TV, and BET+....
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Qatar Airways Exits Cathay Pacific After 8 Years
Initially, Qatar Airways acquired a stake in Cathay Pacific in November 2017. With the acquisition, it...
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Saudi Arabia’s SME Industry Gets a Global Limelight at Biban Forum 2025 in Riyadh
Employment within SMEs also surged, with more than 8.4 million Saudis and residents now working in...
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Kimberly-Clark Pledges $40 Billion To Acquire Tylenol-Maker Kenvue
Kenvue’s shareholders will receive $3.50 and 0.15 Kimberly-Clark shares apiece. The deal will be finalised in the...
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Saudi Arabia’s Startup Sector is Booming With Investments in AI, Fintech, and Logistics
Logexa, a logistics platform, raised $2 million with backing from Nour Nouf Ventures and angel investors....
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Egypt’s SCZONE Secures $3.5 Billion Investment For Three Mega Projects
This partnership is a much-needed bolster to investments in the SCZONE, as it not only strengthens...
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