Bahri, a global leader in logistics and transportation, today announced the signing of a Memorandum of Understanding (MoU) with The Saudi Company for Electronic Information Exchange (Tabadul), the leading innovator and provider of smart digital and financial solutions and services to the business and logistics sectors. Under the new agreement, the company’s Bahri Logistics and Vessels Management divisions and Tabadul will work to develop a range of mutually beneficial solutions, while also exploring innovative internal data-sharing methods between the two aforementioned Bahri divisions.

Abu Dhabi Distribution Company (ADDC), a subsidiary of Abu Dhabi National Energy Company (TAQA), has successfully completed its first Junior Power Program, designed to give UAE students an intimate look into the local utilities sector and a better understanding of ADDC’s core business. A graduation ceremony took place on August 26 for 60 students who successfully completed the program. The students, aged 15-18, were chosen after a careful selection process that took into account their grades and interest.

L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a leading global pure-play engineering services company, announced today that it has won a 5-year, multi-million-dollar deal from European luxury vehicle maker BMW Group to provide high-end engineering services for the company’s suite of infotainment consoles targeted for its family of hybrid vehicles.

Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, and Mizuho Bank, a leading global bank with one of the largest customer bases in Japan, have signed a Memorandum of Understanding to collaborate on project & infrastructure finance, trade finance and treasury to drive sustainable economic growth in Africa and Asia. This agreement was signed at the just concluded 8th Tokyo International Conference on African Development in Tunisia.

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