Industry News

Energy Vault Secures $300 Million Preferred Equity Investment to Launch ‘Asset Vault’ Subsidiary and Accelerate Global Energy Storage Expansion

Energy Vault Holdings, Inc., a global leader in grid-scale energy storage solutions, announced a significant strategic move aimed at accelerating its growth trajectory in the renewable energy infrastructure sector.

Bharti Airtel Launches Cloud and AI Services Through Xtelify, Partners with Singtel, Globe, and Airtel Africa

Bharti Airtel, one of India’s leading telecom and digital services providers, has taken a major step toward strengthening its position in the enterprise technology space with the launch of Xtelify, its new digital services arm focused on cloud and artificial intelligence (AI) solutions.

Afghanistan Signs Landmark $10 Billion Energy Deal to Generate 10,000 MW of Electricity

In a significant step toward national development and energy self-sufficiency, Afghanistan’s Ministry of Energy and Water has entered into a landmark agreement valued at $10 billion with a domestic private company.

Amazon Web Services Commits USD12.7 billion to Bolster India’s Role in Global AI Advancement

Amazon Web Services (AWS), the cloud computing division of Amazon, has announced a strategic investment of USD12.7 billion in India by 2030.

UAE and Saudi Arabia Forge Strategic AI Partnership with the United States to Establish Global Leadership

The United Arab Emirates and the Kingdom of Saudi Arabia are intensifying their efforts to become global leaders in artificial intelligence by investing significantly in AI-focused initiatives and strengthening strategic partnerships with the United States.

China's AI Industry Forms Strategic Alliances to Foster Domestic Ecosystem Amid U.S. Sanctions

leading Chinese artificial intelligence (AI) firms announced the formation of two new industry alliances aimed at fostering a domestic AI ecosystem and reducing reliance on foreign technologies.

UltraTech Sets USD 1,151.1 Million Capex for FY26 to Strengthen Capacity and Efficiency

UltraTech Cement, the Aditya Birla Group’s flagship cement arm, has earmarked a capital expenditure of INR 10,000 crore (USD 1,151.1 million) for FY26 to drive capacity expansion and energy efficiency improvements.

Blackstone Expands Presence in South Korea with Strategic Acquisition of Modern Logistics Portfolio in Greater Seoul

In a significant move reinforcing its commitment to Asia’s growing logistics sector, Blackstone has announced the acquisition of a state-of-the-art logistics portfolio in the Greater Seoul area.

CITIC Telecom Unveils Future-Ready Solutions at WAIC 2025, Emphasizing Intelligent Connectivity for a Digitally Unified World

CITIC Telecom International, a leading global provider of integrated telecommunications and information technology services, took center stage at the World Artificial Intelligence Conference (WAIC) 2025 in Shanghai, unveiling a comprehensive suite of future-ready digital solutions under the theme “Intelligent Tech Unlocks the Future – Connecting the World.

Flend Raises USD 3 Million in Seed Round to Expand Digital SME Financing in Egypt

Flend, Egypt’s first fully digital and Financial Regulatory Authority (FRA)-licensed SME financing platform, has successfully closed a seed funding round worth USD 3 million.

Austral Masonry Introduces TriForm Max for Next-Gen Urban and Landscape Design

Austral Masonry, a leading name in the building materials industry, has announced the launch of its latest innovation — TriForm Max, a small format interlocking concrete paver designed to elevate outdoor spaces with contemporary aesthetics and enhanced functionality.

NVIDIA Restricts H20 Chip Supply to China Amid Uncertainty Over U.S. Licensing

NVIDIA Corporation has informed Chinese customers that it has limited inventory of its H20 artificial intelligence chip, citing uncertainty over U.S. export licensing.

Saudi Arabia Strengthens Europe Ties in Renewable Energy and Green Hydrogen Through Strategic Global Partnerships

In a strategic move that reaffirms its leadership in global energy transition, Saudi Arabia has signed several major agreements and Memoranda of Understanding (MoUs) to export renewable energy and green hydrogen to Europe.

Google Offers Free One-Year Gemini AI Pro Subscription to Indian Students: A Strategic Move to Empower the Youth

In a significant move aimed at fostering digital empowerment among the youth, Google has announced a special initiative offering a free one-year subscription to its Gemini AI Pro service for students in India.

Tata Technologies Expands Software-Defined Vehicle Offerings Amid Shifting Global Market Dynamics

Tata Technologies announced a strategic expansion of its Software-Defined Vehicle (SDV) portfolio, reinforcing its position in a rapidly evolving automotive sector that is increasingly prioritizing software and electronic advancements over traditional mechanical innovations.

KSH INFRA Launches Second Industrial Park in Tamil Nadu, Boosting Regional Growth

KSH INFRA, a one of the leading industrial and logistics infrastructure developer in India, has announced the launch of its second industrial park in Tamil Nadu.

Oil edges up, investors eye Trump statement on Russia

Oil prices posted modest gains on Monday, building on Friday’s upward momentum as investors weighed the impact of geopolitical developments and evolving supply-side dynamics.

Vietnam's CMC Corporation Secures Approval for USD250 Million Hyperscale Data Center, Bolstering Southeast Asia's Digital Infrastructure

Vietnam's CMC Corporation has received approval to construct a USD250 million hyperscale data center, marking a pivotal advancement in the nation's digital infrastructure strategy.

South Korea’s ICT Exports Surge 5.8% in First Half, Driven by Semiconductor Boom

South Korea’s information and communication technology (ICT) sector recorded a robust performance in the first half of 2025, with total exports climbing 5.8% year-on-year to USD 115.16 billion, according to data released by the Ministry of Science and ICT on Monday.

Clouds Media and Calculus Networks Partner to Digitally Transform East Africa

Tanzania’s Clouds Media Group has taken a groundbreaking step toward East Africa’s digital future by signing a strategic Memorandum of Understanding (MoU) with global technology leader Calculus Networks.