Latest news with #strategicpartnerships
Khaleej Times
5 days ago
- Business
- Khaleej Times
Photos: UAE President Sheikh Mohamed visits 4 countries, meet leaders in just 2 days
In a remarkable diplomatic sprint, UAE President Sheikh Mohamed bin Zayed Al Nahyan visited four countries in just two days — underscoring his relentless work ethic and the country's growing global engagement. From July 16 to 17, Sheikh Mohamed met leaders in Turkey, Albania, Serbia, and Hungary, sealing key agreements and expanding strategic partnerships across sectors including energy, trade, food security, and diplomacy. President Sheikh Mohamed's diplomatic tour began in Turkey, where he was welcomed at the Presidential Palace in Ankara by Turkish President Recep Tayyip Erdoğan. During this state visit, the two leaders oversaw the exchange of several major agreements aimed at strengthening cooperation between the UAE and Turkey. The deals included agreements on mutual protection of classified information, consular coordination, and investments in food, agriculture, pharmaceuticals, tourism, and hospitality industry, and even polar research. Swipe right to see the rest of the photos: Later the same day, the UAE President arrived in Tirana, Albania, where he held talks with Prime Minister Edi Rama. The two leaders discussed opportunities for collaboration in energy, technology, food security, and economic development. On July 17, the next stop was Belgrade, where Sheikh Mohamed met Serbian President Aleksandar Vučić. The leaders focused on boosting ties under their Comprehensive Economic Partnership Agreement, which came into effect in May 2025. Talks centred around investment, economy, trade, technology, food security, and renewable energy. President Vučić described the visit as a strong signal of shared commitment to long-term cooperation, while Sheikh Mohamed reiterated the UAE's support for development-led diplomacy in the Balkans. On the same day, Sheikh Mohamed landed in Budapest for talks with Hungarian Prime Minister Viktor Orbán. Discussions covered cooperation in infrastructure, renewable energy, and technology — with both leaders stressing mutual goals of stability and prosperity. During the visit, the UAE and Hungary announced a series of agreements covering a wide range of fields, including: The UAE President also toured the Hungarian Parliament Building, a symbol of the country's rich history and political heritage, and was later honoured at a state dinner hosted by Orbán and senior Hungarian officials. The state visits through four countries in just 48 hours reflects not only the UAE's expanding global footprint, but also Sheikh Mohamed's tireless commitment to his role. Known to work up to 18 hours a day, with annual leave reportedly never exceeding a single week, the UAE President exemplifies hands-on leadership — driven by a clear mission to strengthen partnerships, advance the Emirate's development goals.
Malay Mail
11-07-2025
- Business
- Malay Mail
Gorilla Provides Business Updates
Gorilla reported an active global pipeline of approximately $5.6 billion across 87 distinct opportunities. The Company anticipates closing $1.3 billion in contracts by mid-2026, consisting of long-term agreements ranging from three to 15 years. The pipeline size reflects progression—as several high-value opportunities have advanced into the MOU stage or late-stage negotiations and are nearing contract finalization. Gorilla's pipeline underscores the Company's ability to convert business development opportunities into large-scale delivery opportunities. Gorilla reaffirmed the strategic importance of its partnerships with Hewlett Packard Enterprise (NYSE: HPE) and announced it is now an NVIDIA (NASDAQ: NVDA) solutions provider, leveraging NVIDIA's industry-leading AI frameworks. These agreements accelerate product development and also enhance trust and credibility with government stakeholders—particularly in mission-critical projects involving smart cities, law enforcement, and sovereign data. Gorilla is positioned to develop its role in sovereign digital infrastructure deployments across multiple geographies, and these partnerships can accelerate the company's path forward. Gorilla remains focused on its U.S. expansion, including active engagement in East Coast law enforcement and infrastructure opportunities. Its pending acquisition of a leading AI firm, expected to close this quarter, will bring 70 professionals and expand its R&D and regional execution footprint. The Company's breakthrough ONE AMAZON initiative will formally launch at New York Climate Week in September, with initial revenues expected in Q4 2025. In Thailand, Gorilla is in final-stage negotiations for a landmark smart education deployment impacting over 6.5 million students. This program marks the first phase of a multi-decade digital education and safety platform. Capital raise proceeds bolster Gorilla's ability to meet capital commitments required for performance and bid bonds on large-scale government contracts. The transaction included a combination of treasury shares and structured warrants, limiting near-term dilution. The Company now holds $108 million in cash and $16.5 million in low-interest debt. Additional non-dilutive funding mechanisms—including $200 million in secured term sheets—remain in place. In addition, Gorilla's infrastructure platform, TerraStrata, currently holds $3.5 billion in assets along with substantial cash, which is already being deployed into large-scale projects. [email protected] [email protected] London, United Kingdom - Newsfile Corp. - July 11, 2025 - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology, yesterday provided a comprehensive business update in an investor webinar as part of its ongoing efforts to provide consistent updates on strategic milestones."Gorilla is a capitalized operator and strategic enabler of transformation in both developed and emerging markets," said Jay Chandan, Chairman & CEO of Gorilla Technology. "The next 18 months will redefine what's possible in AI-driven infrastructure, and we are proud to be at the forefront."In the webinar, Chandan outlined Gorilla's evolution as a fully-integrated AI infrastructure and technology partner across the public and private sectors. The Company is now providing solutions across smart cities, national security, critical infrastructure, environmental intelligence, and healthcare initiatives across Southeast Asia, Latin America, the Middle East, and the United can access the full webinar recording at: This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Gorilla's actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "might" and "continues," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, statements regarding the Company's intended use of proceeds from the offering, Gorilla's ability to win additional projects and execute definitive contracts related thereto, along with those other risks described under the heading "Risk Factors" in the Form 20-F Gorilla filed with the SEC on April 30, 2025 and those that are included in any of Gorilla's future filings with the SEC. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Most of these factors are outside of the control of Gorilla and are difficult to predict. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Gorilla undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable DowdProsek PartnersDave GentryRedChip Companies, Inc.1-407-644-4256 The issuer is solely responsible for the content of this announcement. About Gorilla Technology Group Inc. Headquartered in London U.K., Gorilla is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology. We provide a wide range of solutions, including Smart City, Network, Video, Security Convergence and IoT, across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education, by using AI and Deep Learning Technologies. Our expertise lies in revolutionizing urban operations, bolstering security and enhancing resilience. We deliver pioneering products that harness the power of AI in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics and advanced cybersecurity technologies. By integrating these AI-driven technologies, we empower Smart Cities to enhance efficiency, safety and cybersecurity measures, ultimately improving the quality of life for residents. For more information, please visit our website:
Globe and Mail
10-07-2025
- Business
- Globe and Mail
How Is CEG Using Acquisitions to Accelerate Clean Energy Growth?
Constellation Energy Corporation CEG is leveraging strategic partnerships to expand its market reach, enhance its clean energy portfolio and develop innovative technologies. These partnerships allow the company to offer more comprehensive solutions to customers and drive growth in the clean energy sector. The objective of the company is to make opportunistic energy acquisitions with a focus on reliability. In January 2025, Constellation Energy announced to acquire Calpine in a cash and stock transaction valued at an equity purchase price of nearly $16.4 billion. The agreement will combine the nation's leading clean energy producer with Calpine's reliable, dispatchable natural gas assets, opening up opportunities to supply more customers coast-to-coast. In June 2025, CEG received regulatory approval from the New York State Public Service Commission and the deal is expected to be closed in the fourth quarter of 2025. This acquisition is expected to significantly boost CEG's earnings per share (EPS) by more than 20% in 2026, and further add at least $2 to EPS through 2029. Additionally, the combined company is projected to generate more than $2 billion in free cash flow before growth annually. In 2023, CEG also acquired a 44% ownership stake in the South Texas Project Electric Generating Station for $1.75 billion. This transaction included nearly 1,100 megawatts (MW) of the plant's output, expanding CEG's carbon-free nuclear fleet. CEG is benefiting from its strategic acquisitions. This enhances its position as a leading clean energy provider, expanding its customer base and increasing financial strength. The company's strategic acquisitions are projected to deliver immediate earnings accretion, significant free cash flow and opportunities to reinvest in clean energy technologies. Utilities Expanding Through Acquisitions Some other utility companies that are also focused on expanding operations through acquisitions have been discussed below: NRG Energy NRG will acquire a portfolio of natural gas generation facilities and a commercial and industrial virtual power plant platform from LS Power. The acquisition will double NRG's generation capacity to 25 GW, adding modern, flexible natural gas assets. Vistra Corp. VST has executed a definitive agreement to acquire seven modern natural gas generation facilities, totaling nearly 2,600 MW of capacity, from Lotus Infrastructure Partners. The deal is expected to be closed in late 2025 or early 2026. CEG Stock's Earnings Estimates The Zacks Consensus Estimate for Constellation Energy's 2025 and 2026 EPS indicates an increase of 9% and 22%, respectively. Image Source: Zacks Investment Research CEG Stock Trading at a Premium CEG is trading at a premium relative to the industry, with a forward 12-month price-to-earnings of 30.08X compared with the industry average of 20.72X. Image Source: Zacks Investment Research CEG Stock's Price Performance In the past six months, CEG's shares have risen 29.8% compared with the industry 's 13.2% growth. Image Source: Zacks Investment Research CEG's Zacks Rank CEG currently has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Higher. Faster. Sooner. Buy These Stocks Now A small number of stocks are primed for a breakout, and you have a chance to get in before they take off. At any given time, there are only 220 Zacks Rank #1 Strong Buys. On average, this list more than doubles the S&P 500. We've combed through the latest Strong Buys and selected 7 compelling companies likely to jump sooner and climb higher than any other stock you could buy this month. You'll learn everything you need to know about these exciting trades in our brand-new Special Report, 7 Best Stocks for the Next 30 Days. Download the report free now >>
Yahoo
01-07-2025
- Business
- Yahoo
Hyland appoints Nanette Lazina as Senior Vice President, Global Channels and OEMs
With over 20 years of enterprise software industry leadership experience, Lazina joins Hyland to lead the strategic execution and optimization of the partner community CLEVELAND, July 1, 2025 /PRNewswire/ -- Hyland, the pioneer of the Content Innovation Cloud™, is pleased to announce the appointment of Nanette Lazina as Senior Vice President, Global Channels and OEMs. A seasoned enterprise technology executive, Lazina spent nearly 20 years leading strategic partnerships at SAP in North America, driving revenue growth through lasting value for customers. As SVP, Global Channels and OEMs, Lazina will redefine Hyland's comprehensive global partner program strategy that aligns with the company's global growth objectives. "Nanette's exceptional track record in forging strategic partnerships that deliver transformative customer value positions Hyland to unlock unprecedented global opportunities," said Steve Baird, Chief Revenue Officer at Hyland. "Her visionary approach to building partner communities that accelerate innovation and expand our reach will empower us to deliver even greater solutions to customers worldwide while driving explosive growth in new markets." "I'm excited to join Hyland at a pivotal time of global momentum," said Lazina. "This is an opportunity to harness the strength of an already thriving partner community and take it to the next level. Together, we'll deepen our collaborations, amplify our collective success and deliver even greater impact to customers around the world." Lazina is a highly accomplished sales and technology leader, with a passion for curating partner success and driving lasting value for customers. She spent almost 20 years leading the partner community at SAP in North America, most recently as Chief Partner Officer, where she led teams through cloud migration and AI-powered go-to-market transformation. Before this, she built and led high-performing enterprise software sales teams, driving revenue growth through strategic partnerships. For more information, please visit About Hyland Hyland empowers organizations with unified content, process and application intelligence solutions, unlocking profound insights that fuel innovations. Trusted by thousands of organizations worldwide, including many of the Fortune 100, Hyland's solutions fundamentally redefine how teams operate and engage with those they serve. For more information on Hyland, our products and solutions, please visit Media contact: Jason View original content to download multimedia: SOURCE Hyland Sign in to access your portfolio
Zawya
01-07-2025
- Business
- Zawya
Oman: OIA's expanding strategic alliances boost FDI and knowledge inflows
MUSCAT - The Oman Investment Authority (OIA) – the Sultanate of Oman's integrated sovereign wealth fund – has broadened its network of strategic partnerships in a move that is helping channel foreign direct investment (FDI), global expertise, and financial reserves into the country. Building on its portfolio of seven bilateral alliances – with India, Qatar, Vietnam, Brunei Darussalam, Pakistan, Spain, and Uzbekistan – OIA added two new partnerships in 2024, with Jordan and Turkiye. In May 2024, OIA signed a term sheet with Jordan's Social Security Investment Fund to establish a joint investment company, capitalised at USD 100 million on a 50:50 basis. The entity will target key sectors such as telecommunications, agriculture, tourism, pharmaceuticals, and logistics across Oman and Jordan. Later in November, a partnership agreement was inked with Turkiye's OYAK Fund to launch a USD 500 million joint investment fund focused on sectors including food, healthcare, energy, mining, logistics, and manufacturing. These developments, along with robust performance from earlier partnerships, were highlighted in OIA's recently published 2024 Annual Report. Among the Authority's most prominent collaborations is the Oman-India Joint Investment Fund (OIJIF), initially launched in 2011 with the State Bank of India (SBI). OIJIF has since grown into three separate funds: Fund I ($100 million) completed full divestment by September 2024, posting a net internal rate of return (IRR) of 8.1%. Investments had spanned consumer goods, banking and financial services, IT, defence, and chemicals. Fund II ($230 million) reported a 14.7% net IRR as of September 2024, with investments in pharmaceuticals, healthcare, automotive, and other growth sectors. Fund III, agreed in late 2023, targets a size of $300 million, with OIA and SBI each committing $50 million. Also delivering strong results is Al Hosn Investment Company, a 2007 joint venture between OIA and Qatar Holding. With a capital of RO 250 million, the company manages 13 investments, including real estate, valued at RO 233 million. Notably, it facilitated over RO 290 million in FDI through its management of the Falcon Portfolio under Qatar Holding. In 2024, Al Hosn participated in key IPOs such as OQ Exploration & Production (OQEP) and OQ Base Industries (OQBI), and recorded a 24% rise in net profit over the previous year. Established in 2008 with Vietnam's State Capital Investment Corporation, Vietnam Oman Investment Company has a capital base of $200 million. Its portfolio includes 11 private equity investments, while $87.3 million was deployed into 12 new public equity investments by December 2024 under a revised investment strategy. The Oman Brunei Investment Company, a $200 million partnership with the Brunei Investment Agency, oversees 11 investments across education, healthcare, hospitality, services, and aquaculture. The asset value of its portfolio reached approximately RO 95 million, with net profit growing by 10% to RO 94.75 million in 2024. Set up in 2001 through a bilateral agreement between the governments of Oman and Pakistan, the Pak Oman Investment Company focuses on bonds, treasury bills, and loans. Revenues reached $209.6 million by September 2024, doubling from $101.8 million a year earlier. Likewise, the Uzbek-Oman Investment Company (UOIC), founded in 2010 in partnership with the Uzbek Reconstruction and Development Fund, manages 12 investments. The company's active portfolio exceeds USD 100 million, with two new deals completed in Tashkent in 2024. Meanwhile, the Oman-Spanish Private Equity Fund, established with COFIDES in 2017, has expanded into two separate funds. The first, with a value of EUR 294.4 million, included EUR 100 million in commitments from each side. A second fund, launched in December 2023 with EUR 102 million in capital, also included equal contributions from both partners. 2022 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (
