The Islamic Development Bank (IsDB) and the Republic of Cameroon have signed a €212.35 million financing agreement on the sidelines of the IMF-World Bank Annual Meetings in Bangkok. The project will rehabilitate 326 kilometers of roads connecting Cameroon's Littoral and West regions, alongside critical social infrastructure upgrades.
Salience Labs has closed a $125 million Series B funding round led by Bullhound Capital to accelerate the manufacturing and deployment of its optical circuit switching technology. The investment will support geographic expansion into the United States and address escalating bandwidth demands within artificial intelligence datacenter networks.
Peab has secured a NOK 319 million construction contract for the Bytorget urban development in Askim, Norway. The scheme includes 116 apartments, approximately 2,000 square metres of commercial space, parking and shared amenities. Construction is scheduled to begin in autumn 2026, with completion targeted for the second quarter of 2029.
Zydus Sunshine Lifesciences has signed an agreement with the Board of Investment of Sri Lanka to set up a pharmaceutical manufacturing facility in Horana. Backed by a phased investment exceeding USD 20 million, the plant aims to strengthen local medicine supply chain resilience and commence commercial production by 2028.
Siemens Mobility has secured a contract worth more than EUR 2 billion to supply 113 battery-electric regional trains to two public transport authorities in Lower Saxony, Germany. The agreement includes 30 years of maintenance, two new service facilities and options for up to 132 additional trains, with passenger operations scheduled to begin in late 2031.
The Islamic Development Bank (IsDB) and the Republic of Cameroon have signed a €212.35 million financing agreement on the sidelines of the IMF-World Bank Annual Meetings in Bangkok. The project will rehabilitate 326 kilometers of roads connecting Cameroon's Littoral and West regions, alongside critical social infrastructure upgrades.
Peab has secured a NOK 319 million construction contract for the Bytorget urban development in Askim, Norway. The scheme includes 116 apartments, approximately 2,000 square metres of commercial space, parking and shared amenities. Construction is scheduled to begin in autumn 2026, with completion targeted for the second quarter of 2029.
Defence
Saab has secured a SEK 1.3 billion order from Sweden’s Defence Materiel Administration to develop a next-generation flight control computer for the Gripen fighter aircraft. Deliveries are scheduled for 2030. The programme aims to replace existing hardware and strengthen long-term aircraft availability, operational performance and security of supply.
Army
RENK Group and KNDS Deutschland have expanded their supply arrangement for Leopard 2 transmission systems through an order valued at approximately €130 million. The package includes HSWL 354 transmissions, TCS-354A control units and G4MA11 gear selectors, with deliveries planned between 2029 and 2032.
Navy
HII’s Newport News Shipbuilding division has secured a US Navy contract worth up to $91 million to deliver engineering, design, and technical services supporting the trilateral AUKUS defense pact.
Instalco has secured a multi-year framework agreement with Skanska to deliver electrical, heating, and plumbing installations for educational and sports facilities across Sweden. The collaboration spans from 2026 to 2032, leveraging standardized building concepts to streamline public procurement for municipalities.
EIB Global and First City Monument Bank have launched an €85 million credit facility targeted at Nigeria's agricultural sector, with a primary focus on expanding local processing capacities across the cocoa and dairy value chains while meeting international environmental standards.
Salience Labs has closed a $125 million Series B funding round led by Bullhound Capital to accelerate the manufacturing and deployment of its optical circuit switching technology. The investment will support geographic expansion into the United States and address escalating bandwidth demands within artificial intelligence datacenter networks.
Saab has secured a SEK 1.3 billion order from Sweden’s Defence Materiel Administration to develop a next-generation flight control computer for the Gripen fighter aircraft. Deliveries are scheduled for 2030. The programme aims to replace existing hardware and strengthen long-term aircraft availability, operational performance and security of supply.
Dubai Civil Defence has issued a tender for an AI-Powered Vehicle Tracking and Driver Behavior Monitoring System Project in the United Arab Emirates. The initiative aims to enhance emergency response operations, fleet management, and operational safety standards.
VINCI Energies has finalized its voluntary public tender offer for All for One Group SE, acquiring an 87.33% majority stake. The move significantly bolsters its Axians brand across Central European IT and digital transformation markets.
