Software provider Aveva acquires OSIsoft for $5 bn
The deal will pave the way for Aveva to expand its presence in new markets
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Total signs security pact with Mozambique to establish natural gas project
The new project will generate $50 billion revenue for Mozambique in the next 25 years
ADQ invests in series A funding for Verloop.io
The funding is led by Alpha Wave Incubation
Singapore’s Lightnet signs deal with SEBA bank for remittance services
SEBA bank will serve as the banking counterparty for the Singaporean company
Brazil’s Q2 GDP stumbles 9.4 percent
The country’s GDP slumped 9.4% in April-June in quarter-on-quarter terms
Africa’s ESPartners to provide Covid-19 assistance for SMEs
The development is a part of the African Resilience Initiative for Entrepreneurs
Saudi’s SWCC signs MoU with Fluid Technology Solutions
The American company install an advanced gadget in desalination plants owned by SWCC
Sunpower ink 76.8 million yuan deal with Chongqing Iron & Steel Company
Sunpower has won its second tender to work for the Chinese steel manufacturer
Aramco to open corporate development organisation in Saudi Arabia
The company’s second quarter profit slumped by 73 percent
SoftBank-backed OneConnect seeks to boost business outside Southeast Asia
The firm’s share prices surged 115 percent