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Team SR

Team SR
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EDGE entity ORYXLABS, a leader in digital risk protection and advanced cybersecurity solutions, has entered into a strategic partnership with Pavo Tasarım Üretim Elektronik (Pavotek), a Türkiye-based company within Pavo Group specializing in electronic and embedded systems, communication and network technologies, at the SAHA Expo 2024 being at the Istanbul Expo Center until October 26.

EDGE and Pavo Group Form Strategic Partnership to Strengthen Cybersecurity Market...

Team SR -
GE HealthCare, a leading global medical technology and digital solutions innovator, has announced a multi-modality partnership with Hayat National Hospitals, marking a substantial investment in healthcare infrastructure and equipment across Saudi Arabia.

GE HealthCare and Hayat National Hospitals Partners to Fuel Healthcare Expansion...

Team SR -
EcoWorth Tech startup story: Andre Stolz, Followed Passion, Left Corporate Career, Today Turns Waste Into Worth

EcoWorth Tech startup story: Andre Stolz, Followed Passion, Left Corporate Career,...

Team SR -
EDGE Group entity LAHAB, the UAE’s exclusive munitions manufacturer, has signed a partnership agreement and a Memorandum of Understanding (MoU) with ASSAN Group, one of the leading manufacturers of ammunition and aircraft bombs in Türkiye, to co-develop new solutions and expand LAHAB’s manufacturing capabilities.

EDGE Entity LAHAB and ASSAN Group Partner to Co-Develop New Ammunitions...

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Senoko Energy, one of Singapore’s largest energy companies, and Gentari, a clean energy solutions provider, have signed a Memorandum of Understanding (MoU) to embark on a collaborative effort to explore the importation of hydrogen gas from Malaysia to Singapore.

Senoko Energy and Gentari Collaborate to Enhance Sustainable Energy Solutions in...

Team SR -
The Asian Development Bank (ADB) has officially closed the nomination period for its next president. Voting by the ADB’s Board of Governors will begin on October 28, 2024.

Voting Set to Open for Next ADB President

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Ericsson, a global leader in telecommunications, today announced the launch of the “Ericsson Hackathon 2024” which aims to empower digital transformation in Indonesia with Generative Artificial Intelligence (Gen AI) and 5G technology. This is a collaborative effort between the Ministry of Industry, PIDI 4.0, Ministry of Communication and Digital, Innovation & Learning Centers, Swiss German University, and KORIKA.

Ericsson launches Hackathon to Drive Innovation for Smart Manufacturing in Indonesia

Team SR -
Sarawak Digital Economy Corporation (SDEC), the lead implementing agency for Sarawak Digital Economy initiatives, and Maxis, Malaysia’s leading integrated telco, have inked a Memorandum of Understanding (MoU) to explore opportunities to drive digitalization and talent development initiatives in Sarawak.

Maxis and SDEC Join Hands to Drive Digitalization and Technology Talent...

Team SR -
invygo, the Middle East’s leading car subscription platform, today announced its latest funding round in the form of an $8 million Series A extension. The funding was provided by STV’s newly launched NICE Fund, which provides non-dilutive capital through a novel equity-based structure, as well as existing investors including Al Rajhi Partners, Arab Bank Ventures, SPV, MEVP, and C5. With invygo surpassing $100 million in annualized GMV, the company has strategically focused on achieving industry-leading unit economics and maximising customer lifetime value (LTV). Growth has been driven largely by the success of its innovative and pioneering "Subscribe to Own" (STO) model, particularly in Saudi Arabia. The company is now nearing profitability, which is expected by the end of FY 2024.

UAE-based invygo Raises $8 Mn Series A Extension Funding

Team SR -
Dubai-based proptech firm Prypco has raised $10 million in a seed funding round led by Shorooq Partners, with participation from Apparel Group and other investors.

Prypco Raises $10 Mn Seed Funding Round led by Shorooq Partners

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