(AETOS Wire)-- Power management company Eaton (NYSE:ETN) and Abunayyan Holding today announced the formation of a joint venture to produce and service low- and medium-voltage switchgear in the Middle East. The joint venture will do business as Eaton Arabia and will have locations in Dammam, Saudi Arabia, and Dubai, United Arab Emirates.

“We are pleased to form this new joint venture with Abunayyan,”"...

(AETOS Wire)-- Northern Data AG (XETRA: NB2, ISIN: DE000A0SMU87), one of the largest blockchain solutions and datacenter providers in the world and Canaan Inc, (Nasdaq: CAN, US ISIN: US1347481020) one of the leading blockchain technology companies in the world are happy to announce the beginning of close cooperation in the areas of Artificial Intelligence (AI) development, Blockchain Technology and Datacenter operations.

Combining"...

(AETOS Wire)-- Rockwell Automation, Inc. (NYSE: ROK) today announced it has signed an agreement to acquire Italy-based ASEM, S.p.A., a leading provider of digital automation technologies. ASEM provides a complete range of Industrial PCs (IPCs), Human-Machine Interface (HMI) hardware and software, remote access capabilities, and secure Industrial IoT gateway solutions.

ASEM’s high-performance automation"...

Third annual Working Capital Summit, hosted by The Money Show’s Bruce Whitfield to showcase the latest insights in Working Capital and Supplier Finance technology. (AETOS Wire)-- After two successful stints in San Francisco and Chicago, Taulia’s Working Capital Summit is set to launch in Johannesburg, South Africa for the very first time on March 11, 2020. The Working Capital Summit, hosted by The Money Show’s Bruce Whitfield will bring together some of the best and brightest minds in the financial technology business to discuss the latest in working capital finance solutions. The Working Capital Summit will provide a forum for key business minds to showcase their expert-leading industry knowledge, network with event-goers and discover unique ways to apply this knowledge to their own businesses. A recent Working Capital Index study conducted by JP Morgan found a staggering $460bn of working capital is confined across the supply chains of the S&P 1500 companies, which highlights an incredible opportunity for businesses to unlock trapped cash and......

(AETOS Wire)-- Statement by Dr. Moira Gilchrist BSc (Hons) Pharmacy, PhD Pharmaceutical Sciences, Vice President Strategic & Scientific Communication, Philip Morris International:

“‘You should develop a safer product.’ For decades, that is what governments and the public health community have told the tobacco industry. PMI has invested billions of dollars in science and technology to"...

TEHRAN - The 11th gathering of the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA)’s board of representatives was held on Tuesday to discuss various trade issues including problems that traders are facing in customs.

Chaired by the TCCIMA Head Masoud Khansari, the meeting was attended by numerous officials including the Head of Islamic Republic of Iran Customs Administration (IRICA) Mehdi Mirashrafi, as well as Mohammad"...

Chief Executive of Kish Free Zone Organization (KFZO) Gholamhossein Mozaffari added, “if we believe in ourselves, we can realize most objectives in petrochemical industry of the country in the best form possible.”

He pointed to the proposal of setting up permanent secretariat of Exhibitions of Petrochemical Industries in Kish Island and its operation and added, “Kish Free Zone enjoys high potentials and capabilities in materializing"...

TEHRAN- Iran’s deputy oil minister for engineering, research, and technology affairs said Oil Ministry is taking serious measures for improving standards in the oil industry, Shana reported on Tuesday.

“The issue of updating standards and increasing the quality of the certification body in the oil industry is being seriously pursued,” Saeed Mohammadzadeh said.

Speaking"...

TEHRAN, Feb. 17 (MNA) – The CEO of the Petropars Group said his company had won a tender to develop a production, maintenance and enhancement project in Forouzan Oilfield.

According to the company as quoted by SHANA, Hamid Reza Masoudi said winning the project meant a lot to the company, adding the project was put to tender by the Iranian Offshore Oil Company (IOOC) as employer in an EPC-EPD contract and is awarded to a consortium of Petropars"...

TEHRAN – Head of Iran’s Persian Gulf Petrochemical Industry Company (PGPIC) says domestic companies are capable of manufacturing up to 80 percent of the equipment needed in the country’s petrochemical industry, Tasnim reported on Monday.

Speaking on the sidelines of an exhibition and conference on promoting domestic production in petrochemical industry in the southern Kish Island, Jafar Rabiei said: “If we can indigenize"...