ITHCA Group and Yango Group Complete Acquisition of Otaxi to Boost Digital Transformation in Oman

ITHCA Group and Yango Group have acquired Otaxi, a leading Omani ride-hailing platform, to accelerate digital transformation in Oman. The partnership aims to enhance Otaxi’s services, expand operations, and introduce new features like home delivery and vehicle rentals, supporting Oman’s Vision 2040 for technological innovation and economic diversification.

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Engro Holdings Explores Investment Opportunities in Bangladesh’s Telecommunications and Energy Sectors

Engro Holdings, led by CEO Abdul Samad Dawood, expressed interest in expanding investments in Bangladesh’s telecommunications and energy sectors during a meeting with Chief Advisor Muhammad Yunus. Engro aims to partner in the distribution of gas from Bhola and contribute to transformative, long-term industrial projects in the country.

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Jordan and Arab Fund for Economic and Social Development Launch Strategic Partnership for Development Projects

Jordan has launched a strategic partnership with the Arab Fund for Economic and Social Development to finance development projects from 2025 to 2029. The initiative will target key sectors like water, energy, and digital transformation, and is expected to boost private sector growth and enhance Jordan’s economic infrastructure.

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Saudi Arabia to Host Industrial Transformation Event in Riyadh in December

Saudi Arabia will host the Industrial Transformation Saudi Arabia event in December, in partnership with Riyadh Exhibitions Company and Deutsche Messe. This event will showcase advancements in industrial automation and smart manufacturing, aligned with Saudi Vision 2030, and aims to attract global manufacturers, foster innovation, and promote investment opportunities.

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