Industry
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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Italy’s Bending Spoons Secures $2.8 Billion In Debt Financing To Buy AOL From Yahoo
Bending Spoons is known for acquiring struggling tech companies and revamping them. In 2024, the Italian...
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OpenAI Transitions to For-Profit, Pushing Microsoft’s Valuation to $4 Trillion
Microsoft has a deal to access OpenAI technology until 2031. Microsoft has a 27% stake in...
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ACCIONA Sets New Standards for Sustainable and Efficient Logistics Solutions in the Middle East
ACCIONA’s Facility Management business is empowering companies in Qatar to reduce operational costs, thereby enabling sustainable,...
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Woodside’s Louisiana LNG Project to receive $1.9 billion investment from Gas Operator Williams
Woodside estimates that this deal could generate a total revenue of $378 million, reducing its net...
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Saim AI Launches AI Chatbot to Guide Companies Entering Middle East Markets
Abdullah Al Watban, founder of Saim AI, states that their platform is built to bridge the...
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Salesforce Expects $60 Billion Revenue By 2030 Owing To AI Expansion
According to LSEG, Salesforce is expected to report an annual revenue of $58.37 billion in 2030....
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Mandarin Oriental To Sell Top Floors Of Its One Causeway Bay With Alibaba As Speculated Buyer
Mandarin Oriental is looking to sell the top 13 floors of One Causeway Bay, totalling 270,000...
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