Datalec Precision Installations (DPI) has established a new entity in Saudi Arabia to expand its data centre design, build, and fit-out services in the rapidly growing digital infrastructure market. This move supports Saudi Arabia's goal of reaching 1.5 gigawatts of data centre capacity by 2030, driven by local data hosting laws and investments from major cloud providers like Microsoft and AWS. DPI aims to leverage its regional experience and local presence to meet increasing demand for AI, cloud, and data localization infrastructure, enhancing deployment speed, resilience, and cost efficiency. The expansion complements DPI's existing Middle East hub in Dubai and aligns with the Kingdom's digital transformation strategy.
The FDA has granted traditional approval to Fabhalta (iptacopan), a first-in-class complement inhibitor, for slowing kidney function decline in adults with primary immunoglobulin A nephropathy (IgAN). Fabhalta showed a 48% slower decline in kidney fu...
Corbin Advisors' Q2 2026 survey shows industrial investor sentiment at its highest in five years, with 84% of participants bullish or neutral-to-bullish due to strong order momentum and demand from data centers and AI sectors. Expectations for Q2 rev...
IPG Photonics announced a binding offer to acquire Lumibird Medical for €300 million, with an additional earnout of up to €50 million based on performance. This acquisition will expand IPG's Advanced Solutions portfolio in medical lasers, particularl...
Constellation Software Inc. announced it will hold a conference call and live webcast on August 12, 2026, at 8:00 a.m. ET to discuss its second quarter results. The company will release its quarterly earnings after the Toronto Stock Exchange closes o...
XRP is trading in a tight range around $1.10, showing little price movement despite signals of large whale accumulation and increased derivatives activity. Regulatory developments in the US, including a congressional hearing on XRP's classification, ...
