Chinese electric vehicle makers NIO and Geely Holding Group have finalized a strategic transaction to merge key charging and battery swapping assets, establishing a unified power network valued at RMB 16 billion.
Tanmiah Food Company has entered into a 12-month memorandum of understanding with Malaysia's Tradewinds Berhad to explore joint initiatives in halal protein production, processing, and distribution. The partnership aims to establish a global halal brand, export Saudi poultry products, and evaluate joint investments in regional manufacturing facilities across the Asia-Pacific.
Lawazem Industrial Advanced Company, a subsidiary of Saudi Arabian Refineries Company (SARCO), has secured a SAR 3.40 million subcontract from Thabat Contracting Company Ltd. for manufacturing, supplying, painting, and installing wooden doors at the Banan 1 Project over a 136-day period.
SMC Healthcare has awarded a SAR 148.45 million contract to Maharat Al Injaz Company Limited for the foundation, construction, and full structural works of the SMC3 Hospital in Riyadh. Scheduled for completion within 360 calendar days, the project supports the company's major healthcare expansion strategy.
Non-banking financial company Moneyboxx Finance has raised INR 600 million through non-convertible debentures subscribed by Choice Finserv, Vakrangee, and Vivriti Capital. The two-year debt facility will fund disbursement expansion across rural MSME, livestock, solar, and digital lending channels.
Lawazem Industrial Advanced Company, a subsidiary of Saudi Arabian Refineries Company (SARCO), has secured a SAR 3.40 million subcontract from Thabat Contracting Company Ltd. for manufacturing, supplying, painting, and installing wooden doors at the Banan 1 Project over a 136-day period.
SMC Healthcare has awarded a SAR 148.45 million contract to Maharat Al Injaz Company Limited for the foundation, construction, and full structural works of the SMC3 Hospital in Riyadh. Scheduled for completion within 360 calendar days, the project supports the company's major healthcare expansion strategy.
Defence
Swedish satellite communications provider Ovzon has secured a 12-month contract valued at USD 9.10 million from a new U.S. government customer. The agreement delivers integrated SATCOM services via the Ovzon 3 satellite, alongside mobile terminals, to support defense and critical mission requirements.
Army
Swarmer has agreed to supply mobile air defense systems to Vectus Air Defense Systems following planned manufacturing expansion in Poland, targeting affordable kinetic interception of advanced uncrewed aerial threats in high-risk operational theaters.
Navy
The European Union (EU) has doubled its financial support for the Djibouti Armed Forces to 20 million euros through an amendment to the European Peace Facility. The expanded funding aims to enhance long-term naval operational capabilities, bolster maritime domain awareness, and protect critical regional navigation routes.
Dilip Buildcon has emerged as the lowest (L-1) bidder for a major intra-state power transmission project in Yavatmal, Maharashtra. Valued at INR 11.51 billion, the 35-year concession will expand the infrastructure developer's portfolio into power utilities.
Gigasun has secured a SEK 6.4 million commercial solar project in Sichuan, China, providing decentralized renewable energy to a local manufacturing plant over a 20-year operational agreement.
Swedish satellite communications provider Ovzon has secured a 12-month contract valued at USD 9.10 million from a new U.S. government customer. The agreement delivers integrated SATCOM services via the Ovzon 3 satellite, alongside mobile terminals, to support defense and critical mission requirements.
B2B iGaming vendor GiG Software has agreed to acquire an 80 percent controlling stake in 888AFRICA for 16.4 million euros. The deal accelerates GiG's geographic diversification into fast-growing, regulated African markets including Mozambique, Angola and Tanzania.
Subsea robotics developer Nauticus Robotics has entered into a non-binding agreement for a strategic private placement investment worth up to $50 million, aiming to strengthen its balance sheet and advance commercial ocean autonomy technologies.
Nscale has secured $3.36 billion through pre-IPO convertible loan notes to fund the expansion of its vertically integrated AI cloud infrastructure. Led by Third Point and backed by major financial institutions and NVIDIA, the capital injection will accelerate data center construction to support unprecedented demand for compute capacity.
