acquisition

Raysut Maldives Cement JV Formed;  Acquisition of LafargeHolcim Stake Completed

Muscat, Oman & Malé, Maldives,  (AETOSWire): Oman’s largest cement manufacturer, Raysut Cement Company (RCC), said it has closed the deal of acquiring 75 per cent of LafargeHolcim’s cement terminal at Thilafushi Island in Maldives, and a  new joint venture – Raysut Maldives Cement Pvt. Ltd. – has been formed. The newContinue Reading

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Mohammed Bin Rashid Global Centre for Endowment Consultancy

The sign is in recognition of Union Coop’s contribution through CSR initiatives for the year 2020 The Mohammed Bin Rashid Global Centre for Endowment Consultancy (MBRGCEC), operating under the umbrella of Awqaf and Minors Affairs Foundation (AMAF), has awarded Union Coop the ‘Dubai Endowment Sign’ in recognition of its contributionContinue Reading

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Join AdColony and MMA on the 12th of October

The IDFA Is Not Gone Yet, But Here’s What Advertisers (Still) Need to Do MMA MENA and AdColony are organizing a webinar on Monday, 12th of October at 19.00 Dubai time for one hour covering everything brand advertisers need to know about Apple’s privacy changes, and how to approach mediaContinue Reading

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Veeam Acquires Kasten to Accelerate Protection of Kubernetes

Veeam and Kasten’s Modern Data Management Platform Will Speed the Production Deployment of Container-based Applications  Veeam® Software, the leader in Backup solutions that deliver Cloud Data Management™, today announced it has acquired Kasten, the market leader for Kubernetes Backup and Disaster Recovery, in a cash and stock transaction valued at $150M.Continue Reading

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ABB Enhances Portfolio of High-Speed Industrial Robots With Codian Acquisition

ZURICH-[ AETOS Wire ](BUSINESS WIRE)— ABB has acquired Codian Robotics B.V., a leading provider of delta robots, which are used primarily for high-precision pick and place applications. Codian Robotics’ offering includes a hygienic design line, ideal for hygiene-sensitive industries including food and beverage and pharmaceuticals. With the transaction, ABB isContinue Reading

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Dr. Sabah al-Binali Joins OurCrowd as UAE-Based Venture Partner & Head of Gulf Region

JERUSALEM & ABU DHABI–(BUSINESS WIRE/AETOSWire)— OurCrowd, the world’s largest global venture investing platform and Israel’s most active venture investor, today announced the appointment of Dr. Sabah al-Binali as UAE-based venture partner and head of the Gulf region. Dr. al-Binali will oversee the development of OurCrowd’s business in the region. OurCrowdContinue Reading

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HUAWEI now offers safe and contactless digital payment options

\The new partnership with Mondia Pay will increase reach in countries across Africa and the Middle East including Egypt, South Africa and Nigeria  Huawei, in cooperation with digital payment entity, Mondia Pay, now offers Direct Carrier Billing service (DCB), for seamless, contactless payments for users in the MEA region throughContinue Reading

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Kyriba Appoints CFO Hamza Benamar and CMO Thomas Butta

SAN DIEGO–(BUSINESS WIRE/AETOSWire)– Kyriba®, the global leader of cloud finance and IT solutions, today announced it has appointed Hamza Benamar as Chief Financial Officer (CFO) and Thomas Butta as Chief Marketing Officer (CMO). The executive appointments accelerate Kyriba’s efforts to embed Active Liquidity Management within the office of the CFO andContinue Reading

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Trading Enterprises – Volvo aims to transform retail business

Trading Enterprises, the exclusive distributor of Volvo in the UAE, and part of the Al-Futtaim Automotive Group, has announced today that Volvo Cars is fundamentally modernising and upgrading the way its customers buy, lease, subscribe to and service their cars globally as it works towards its ambition to sell 50Continue Reading

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