Wednesday, February, 20, 2019 11:57:47

Category: Business

Mubadala & SAMI sign a new aerospace and defense partnership agreement

The collaboration would be the first advanced-manufacturing partnership between Saudi Arabia & UAE.  The deal comes as the two nations push to set up a home-grown defense industry to diversify their respective economies. Mubadala Investment Company (Mubadala), a renowned UAE-based global investment company, has reportedly …

OYO raises close to USD 1B from Chinese conglomerate Didi Chuxing

India’s leading hospitality company OYO has reportedly raised funding worth USD 100 million from China’s ride-hailing giant Didi Chuxing to close its ongoing USD 1 billion investment round. As per trusted sources, many companies including Japan’s SoftBank and Grab, a Singapore-based ride-hailing company have already …

Invictus signs agreement to supply premium cannabis products

Acreage Pharms Ltd., a wholly-owned subsidiary of Invictus MD Strategies Corp, has reportedly signed an agreement to supply the Ontario Cannabis Retail Corporation via the Ontario Cannabis Store, with a range of superior cannabis products for the adult recreational market. For the record, Acreage Pharms, …

GM Financial & Spring Lab to prevent fraud & improve data standards

The collaboration has been announced under the Spring Founding Industry Partners Program.   The partnership would be driving improved standards of data management to help resolve auto finance industry problems. The General Motors Financial Company, Inc. (GM Financial), a Texas-based financial services company, has reportedly …