The Republic of Tuniisa, represented by the Tunisian Electricity Gas Company, and the International Islamic Trade Finance Corporation (ITFC) (ITFC-idb.org), a member of the Islamic Development Bank (IDB) Group headquartered in Jeddah, Saudi Arabia, have signed two Murabaha agreements for a total of $310 million to finance resourcing of natural gas, crude oil and petroleum products.
Tender and Business News
A hearing regarding Enbridge's application to replace a section of its Line 21 pipeline in the Northwest Territories has been scheduled with the National Energy Board (NEB).
In perhaps the strongest proof that hydrogen fuel cell vehicles (FCVs) are now a mass-market reality, eleven different companies, including Toyota, Nissan, Honda, and Air Liquide Japan, just signed off on an agreement to collaborate towards the large-scale construction of hydrogen stations.
Meizhong Jiahe Hospital Management Corp. Ltd. (MHM), a subsidiary of Concord Medical Services Holdings Limited, and Guofu Huimei Investment Management Limited Partnership just announced their plan to acquire Shanghai ProMed Cancer Center.
Mitsubishi Hitachi Power Systems (MHPS) sees strong market opportunities in Poland, and has just opened a new office in Warsaw to reinforce that. It will use that base to strengthen its relationships with local customers and bolster orders for advanced coal-fired power generation systems and Air Quality Control Systems (AQCS)
U.S. private equity firm Blackstone, headquartered in New York, and Saudi Arabia's main sovereign wealth fund just announced they planned to create a $40 billion vehicle to invest in infrastructure projects, mainly in the United States.
JinkoSolar Holding Co., Ltd, an international provider in the photovoltaic (PV) industry, has, in partnership with Israel-based Inbar Solar Energy, just installed 686KW high efficiency solar panels for powering the first athletic arena PV installation in Israel.
NEC Corporation of Japan just announced it has reached a major speed milestone for data transmission on a single optical fiber. Using specific new fiber-doping technology, it just demonstrated a transmission capacity of 50.9 terabits (Tb) per second over a distance greater than 11,000 kilometers.
Singapore-based Atlantis Resources Limited, just signed a strategic partnership agreement (SPA) with Hyundai Engineering & Construction (Hyundai) for the development of tidal ocean power renewable projects globally.
Tokyo Electric Power Company Holdings, Inc., has jointed the Energy Web Foundation (EWF), a non-profit organization with the goal of accelerating the commercial deployment of blockchain financial technology in the energy sector.
New Zealand just introduced Te Mana Lamb, an entirely new class of lamb meat product, as a premium offering similar to Japan's Wagyu beef. This particular meat, with rich levels of Omega-3 polyunsaturated fats, is being called 'the world's healthiest red meat'.
The Internet of Things (IoT) technology is the subject of a five month-field trial to improve the sailing skills of windsurfers.
Shandong Ruyi Technology Group, a China-based operator in the textile and garment industry, is investing $410 million in the former Sanyo manufacturing facility in Forest City, Arkansas.
The world's largest floating PV power plant -- at 40 MW output power -- was just successfully connected to the power grid in Huainan, China. Sungrow, a major PV inverter supplier based in Hefei, China, was the developer for the installation.
Remote construction trials will soon begin in Japan with NEC Corporation taking the lead, and in cooperation with KDDI Corporation and Obayashi Corporation. The aim of the effort is to achieve smart civil engineering utilizing 5G, the next-generation wireless communication standard.
The Mergers and Acquisition Fund of CITIC, the largest conglomerate in China, just announced a new education initiative called "US-China Global Alliance in Education Industry Investment".
The iHuman Institute of ShanghaiTech University, in partnership with Fudan University, has reached a major milestone that may impact how cancer is treated in the future. Together they have determined the high-resolution crystal structure of the multi-domain human smoothened receptor.
North Carolina based Trilliant Networks, an international provider of solutions for IoT and smart energy, and Ho Chi Minh Power Corporation (EVNHCMC) just completed a successful pilot test of the first smart city communications platform in Vietnam.
Boston University and Honda Research Institute (HRI), a Research and Development subsidiary of Honda of Japan, have begun working together on joint research in the area of data security and privacy for artificial intelligence (AI) research.
Germany-based thyssenkrupp Elevator has been selected to provide 25 escalators in Baku, Azerbaijan’s capital city, within the next three years.
Cachet Hospitality Group, with headquarters in Shanghai, China, and Santa Monica California, has taken over management of Cachet Resort Dewa Phuket, a conversion property owned by R&B Partners Co., Ltd and located on Thailand's largest island.
As technological transformation sweeps over the member economies of the APEC organization, its member nations have drafted a new set of collaborative measures to help protect workers against the disruptive effects of that change.
Call Centers, a major source of employment especially in developing countries, are the target of the new Digital Agent for Call Centers, created by Fujitsu Business Application Operational Data Management & Analytics.
Israel-based security company CyberArk Software has acquired Conjur, a Massachusetts company that delivers a DevOps security software platform, for $42 million in cash.
Canada has joined the funding group behind the Jordan based Synchrotron-light for Experimental Science and Applications in the Middle East (SESAME) as an observer state.