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Mubadala Asset Base Increases to $326B with AI, Healthcare Investments

US Renewable Energy Hits New High, But Faces Roadblocks by Trump

Pony AI and Uber Partner to Expand Robotaxi Services in Global Markets

CIBC marks Multi-year Sponsorship agreement with Canada Soccer and Canadian Premier League

The Business PinnacleNovember 11, 20220610 views

CIBC announced on Thursday a new multi-year sponsorship agreement with Canada Soccer and the Canadian Premier League (CPL) that reflects the organizations’ shared purpose of further solidifying the relationship with…

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Amazon unveils the new design for Prime Air’s delivery drone

The Business PinnacleNovember 11, 20220386 views

Amazon announced the launch of MK30, its next-generation delivery drone. Due to coming into service in 2024, this drone will be lighter and tinier than MK27-2, the drone that will…

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Cvent and Zoom partner to deliver best-in-class hybrid events

The Business PinnacleNovember 10, 20220359 views

Cvent, leading meetings, events, and hospitality technology provider, and Zoom Video Communications, Inc. on Wednesday announced that the two organizations would partner to power hybrid events. Businesses that are already…

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Deutsche Bank expanding support for Egypt’s sustainability aspirations

The Business PinnacleNovember 10, 20220365 views

Deutsche Bank is expanding its assistance for the Government of Egypt’s aspirations and proposes for energy transition by becoming a founding member of a committed private sector finance working group.…

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Bosch taps IBM Quantum Computers in Pursuit of new EV materials

The Business PinnacleNovember 9, 20220309 views

Bosch, Europe’s biggest car parts maker, is affiliating with IBM to replace the rare and expensive metals essential to build electric vehicles. Robert Bosch GmbH plans to utilize more than…

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ACWA Power set to take over Oman Investment Authority as co-investor for 1.1GW Suez Wind Energy project in Egypt

The Business PinnacleNovember 9, 20220427 views

The signing was attended by His Royal Highness Prince Abdulaziz bin Salman Al Saud, Saudi Arabia’s Minister of Energy ACWA Power Company signed a memorandum of understanding (MoU) with the…

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Emirates Global Aluminium Ramp-up programme to foster entrepreneurship in support of UAE 2071 Centennial Plan

The Business PinnacleNovember 8, 20220390 views

Emirates Global Aluminium, the largest ‘premium aluminium’ producer and the biggest industrial company in the UAE outside oil and gas, on Monday, launched EGA ‘Ramp-up,’ a programme that intends to…

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Chimera Capital and Alpha Wave Global launch inaugural credit fund with initial commitments of USD 2 billion

The Business PinnacleNovember 8, 20220338 views

Chimera Capital, a wholly subsidiary of Chimera Investments LLC, an Abu Dhabi-based investment firm facilitating investors with unique and innovative investment offerings, and Alpha Wave Global, an investment company that…

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Altech Chemicals launches CERENERGY ABS60 battery pack design

The Business PinnacleNovember 7, 20220467 views

Altech Chemicals (ATC) and joint venture partner Fraunhofer launched the CERENERGY Sodium Alumina Solid State 60-kilowatt-per-hour battery pack (ABS60). The CERENERGY battery offers an alternative to the stationary energy storage…

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Marriott International and Rakuten announce strategic partnership to enrich the travel experience of Japanese visitors

The Business PinnacleNovember 7, 20220580 views

Marriott International, Inc. and Rakuten Group, Inc. today announced an industry-first strategic partnership set to elevate the travel experience of multitudes of Japanese visitors who travel around natively and worldwide.…

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