Schlumberger Appoints Olivier Le Peuch as CEO

Schlumberger Limited (NYSE: SLB) announced today that its Board of Directors has appointed Olivier Le Peuch as its Chief Executive Officer and member of the Schlumberger Board, effective August 1, 2019. Mr. Le Peuch succeeds Paal Kibsgaard, who will retire as Chief Executive Officer effective that same date. Also effective August 1, Mr. Kibsgaard will step down as Chairman of the Board and retire as a member of the Board of Directors. Mr. Kibsgaard will retire after more than 22 years of service to the Company, including"...

Quanergy and Chery Established Partnership to Propel a New Era of Autonomous Vehicles and Smart Cities

Quanergy Systems, Inc., a leading provider of LiDAR (Light Detection and Ranging) sensors and smart sensing solutions, announced a partnership with Chery Automobile, one of the largest automotive manufacturers in China.

On June 20th, 2019, Chery unveiled the logo of its new brand Chery Lion, and announced its strategic plan of working with selected partners to solve technological challenges across the ecosystem. Quanergy signed on to Chery Lion’s"...

Trane appoints JMG Limited as new distributor in Nigeria for residential and light commercial products

Trane®, a global provider of indoor comfort systems and services and a brand of Ingersoll Rand, has entered into a new distribution agreement with JMG Limited in Nigeria that will significantly expand and strengthen the distribution capacity of Trane in Nigeria.

The launch of Trane in Nigeria was at the MEGA CLIMA exhibition, dedicated to the refrigeration, air conditioning, ventilation and heating sector, which took place in the Landmark Exhibition Center in Lagos from the 11th to the 13th of July 2019."...

Construction of world’s tallest modular building complete

Bouygues Batiment International construction company,has together with their modular construction laboratory Dragages Singapore, completed the construction of the 459 feet Clement Canopy buildings in Singapore. With its completion, the building is now the holder of world’s tallest modular buildings title which was previously held by George Street, a 135-metre tower erected by Tide Construction in Croydon, England.

The 40 stories Clement Canopy"...

Improved infrastructure and financing key for Lesotho to unlock its digital economy, report

E-commerce is a way for small African nations to punch above their weight by boosting economic performance and diversifying income sources. Lesotho exemplifies this potential, a new UNCTAD report shows.

A recent assessment of Lesotho’s readiness to conduct electronic trade finds Lesotho can use e-commerce to improve access to customers, markets and trade data, if it adopts a series of fundamental reforms.

While"...

Real Estate Company Launches Land Acquisition Scheme

A real estate firm, LandWey Investment Limited and PiggyVest, an online savings and investing company, have introduced an affordable land acquisition scheme aimed at enabling low and mid-income earners to realise their dream of premium land ownership.

With the high rate of housing deficit in the country, occasioned by multiple factors, including high cost of land, inadequate access to finance, slow administrative procedures, among others, the scheme"...

Handover of The Residences at Marina Gate II Commences

Select Group, one of the largest investment and development companies in the region, has started handover of the second tower in their flagship development, The Residences at Marina Gate.

Occupying the central location in the development, Marina Gate II features 519 residential units, 16 retail units and is spread over 64 floors. With a built-up area of 1,352,400 square feet, the development includes one, two and three-bedroom apartments, half floor"...

Jumeirah Village Circle offers luxury housing at affordable rates

Jumeirah Village Circler (JVC) boasts of several affordable luxurious gated community houses, with state-of-the-art facilities promising residents and potential home seekers a living experience like no other.

The family-centric housing community includes beautifully outlined residential spaces equipped with luxurious amenities providing residents with the opportunity to indulge in several activities aimed at giving them a healthy lifestyle in a safe and fun surrounding.

Kalpesh Kinariwala, Founder"...

Jumeirah Village Circle offers luxury housing at affordable rates

Jumeirah Village Circler (JVC) boasts of several affordable luxurious gated community houses, with state-of-the-art facilities promising residents and potential home seekers a living experience like no other.

The family-centric housing community includes beautifully outlined residential spaces equipped with luxurious amenities providing residents with the opportunity to indulge in several activities aimed at giving them a healthy lifestyle in a"...