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Saudi Arabia is advancing four battery energy storage projects totaling 2,000 MW and 8,000 MWh, backed by more than SAR4.35 billion in commitments as the kingdom builds large-scale storage capacity to support renewable power across Makkah, Hail and Qassim. Representative image.

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General business news

i3 Verticals to divest merchant payments business to Payroc in $440m deal

In a significant realignment of business strategy, i3 Verticals, Inc. (NASDAQ: IIIV) has agreed to sell its merchant…

byPallavi Madhiraju

June 27, 2024

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