New Business Entry

Deals/Contracts/Partnerships

EIIR Provider Solutions/Capabalities

• 1

  Aramco and Cognite will establish a new company that will focus on digitalization in Saudi Arabia and the broader Middle East and North Africa region.

  Q4(Oct-Nov-Dec), 2020

EIIR Buyer GIC/R&D Best Practices/Solutions

• 1

  Tesla officially launches its insurance using ‘real-time driving behavior,’ starting in Texas. So Tesla will disrupt the insurance industry now!

  Q4(Oct-Nov-Dec), 2021

• 2

  Foxconn and Stellantis Establish Joint Venture to Deliver Disruptive, Smart Cockpit Solutions for the Automotive Industry

  Q3(Jul-Aug-Sep), 2021

• 3

  Evonik is pooling its activities for circular plastics in a global program. Additives and technologies from Evonik make mechanical and chemical recycling more efficient thus improving the availability of circular plastics. Overall, the company expects its global circular plastics program to generate additional sales of more than €350 million a year by 2030.

  Q1(Jan-feb-Mar), 2021

• 4

  Daimler and Swiss Re launch new company Movinx to transform automotive and mobility insurance business.

  Q4(Oct-Nov-Dec), 2020

• 5

  Evonik is marshaling its product range of its ready-to-use 3D-printing materials under a new brand name INFINAM.

  Q4(Oct-Nov-Dec), 2020

• 6

  Grab Singtel and Ant Financial have won license for Digital Bank in Singapore. Grab Singtel will hire 200 people for starting the operations.

  Q4(Oct-Nov-Dec), 2020

• 7

  JPMorgan Chase creates new unit for blockchain projects.

  Q4(Oct-Nov-Dec), 2020

• 8

  Russian nuclear giant Rosatom enters storage business. It will manufacture module type lithium-ion traction batteries for electric vehicles, as well as energy storage systems for emergency power supplies, renewable energy resources, and the smoothing of load demand.

  Q4(Oct-Nov-Dec), 2020

Other News

• 1

  SpaceX sets up a subsidiary in India, plans to apply for a satellite broadband license.

  Q4(Oct-Nov-Dec), 2021

• 2

  Reliance Retail to roll out  7 -11 stores in India

  Q4(Oct-Nov-Dec), 2021

• 3

  Porsche is acquiring a majority stake in the e-bike manufacturer Greyp Bikes.

  Q4(Oct-Nov-Dec), 2021

• 4

  Exeed, a SUV brand under Chinese automaker Chery, is set to debut in the Middle East region. Saudi Arabia, UAE, Iraq, Kuwait, Qatar and Bahrain will be the first among many to welcome the new addition.

  Q4(Oct-Nov-Dec), 2021

• 5

  Tata Group is acquiring majority stake in Tejas Networks. Will we see rise of a global telecom product company from India with backings from Tatas?

  Q3(Jul-Aug-Sep), 2021

• 6

  Foxconn invests in EV Startup Byton. Looks Foxconn is increasing its presence in auto sector and may aim to replicate its success of contract mobile manufacturing in auto manufacturing.

  Q1(Jan-feb-Mar), 2021

• 7

  Apple targets car production by 2024.

  Q4(Oct-Nov-Dec), 2020

• 8

  EPC firm Jacobs acquire PA Consulting from The Carlyle Group in a £1.8 billion deal.

  Q4(Oct-Nov-Dec), 2020

Jobs