BusinessLatest Business and Company Updates
AI-driven Deal Platform Claira Secures $7 Million Seed Backing
Claira, a New York–based deal intelligence platform, has closed a $7 million seed funding round co-led by Barclays and Citi, alongside Reimagine Tech Ventures. Additional backing came from Activant Capital, KDX and OPCO Ventures.Claira’s platform integrates domain-native artificial intelligence directly into deal workflows, enabling banks, private-credit funds and financial institutions to
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HyperMax Ushers in New Grocery Era with Six Stores in Bahrain
Majid Al Futtaim has opened six HyperMax outlets in Bahrain, coupled with an online store offering, as it pushes its grocery retail ambitions further into the Gulf market.The launch delivers a brand positioned on local produce, value pricing and convenience,
Khazna Data Centres Wins $2.62 bn Lifeline for Middle East Expansion
A $2.62 billion, 10‑year credit facility has been secured by Khazna Data Centres, underwritten by a consortium led by Abu Dhabi Commercial Bank and First Abu Dhabi Bank, providing a substantial boost to the company’s strategy for regional and global expansion.
Nike’s Strategy to Appeal to Runners with Chunky Sneakers
Nike is shifting its strategy to regain traction among serious runners by introducing high-performance, chunky sneakers that combine advanced technology with a bold design. The new lineup, part of Nike's broader efforts to diversify its offerings, aims to attract both
