DXN Sells its Business to Flow2Edge Australia for $26 million

In a surprising development, modular data center specialist DXN said that it has planned to sell all business assets and subsidiaries to Flow2Edge Australia for about $26 million. The funds from the transaction will be used to pay off its debts and make a distribution to shareholders, the company said, which was reported by Market […]

Dubai Roads Authority Unveils Digital Transformation Initiatives

His Excellency Mattar Al Tayer, Director General and Chairman of the Board of Executive Directors of Dubai’s Roads and Transport Authority has launched the “Let’s Go” initiative, which is to re-engineer the journey of customers to obtain a driver’s license. Additionally, he also announced a package of initiatives to promote digital transformation in the provision […]