According to a company spokesperson on Friday, Nissan Motor is delaying the plan from the end of January in order to announce the direction of its potential merger with Honda Motor by mid-February. In a historic turn for Japan's auto...

Simplex, a rising startup in CNC machine manufacturing, has received $13 million as part of Saudi efforts to support and localize advanced industries in the Kingdom. With the funding, Simplex intends to build a sizable factory on a...

Toyota Motor said on Thursday that it will sell 10.8 million vehicles in 2024, maintaining its position as the world's best-selling automaker for the fifth consecutive year. The Japanese automaker, which includes truck unit Hino Motors and...

In an effort to revolutionize Qatar's transportation industry, Domasco and Volvo Trucks, a world leader in heavy vehicle electrification, introduced the Volvo FH Electric, the nation's first heavy-duty electric truck. The Volvo FH...

Chevron has teamed up with Engine No. 1 and GE Vernova to develop natural gas power plants in the U.S., designed to meet the rising electricity demand from data centers, especially to support artificial intelligence growth. The partnership aims...

Leading MENA financial services enabler PPaymob has partnered with open-source eCommerce platform Woo in a historic strategic alliance, becoming Woo's first preferred partner to launch in the region. Paymob's checkout process is now...

Tata Steel claims to be the first Indian company to develop pipes designed to transport hydrogen, a significant step forward in India's clean energy efforts.   The company's hydrogen-compliant API X65 pipes were manufactured...

Network International, a leading payment solutions provider in the Middle East and Africa, has signed a memorandum of understanding (MOU) with GIM-UEMOA, a regional payment scheme that promotes digital payments in West Africa. In the eight...

Today, Euroclear, the world's top provider of financial markets infrastructure, Julius Baer, the global Swiss wealth management firm, and DIFC Innovation Hub, the region's largest innovation ecosystem, released a whitepaper outlining how...

Do you wish to invest money in the telecom sector via lump sum? If you are wondering, “what is a lump sum?”, it is a mode of investment which involves investing a sum of money in one go in a fund. Here is how you can make a lump sum...