Rotala to acquire First Manchester’s business
MANCHESTER: Rotala Plc has agreed to acquire from First Manchester Limited, its Bolton depot and the majority of the First business located at that depot. The total consideration for the…
Voyager AIR Limited confirms intention to float on the London Stock Exchange
LONDON: Voyager AIR Limited, a closed-ended investment company, announced its intention to proceed with an initial public offering (IPO) of its ordinary shares on the Specialist Fund Segment of the…
Thierry Garnier appointed CEO of Kingfisher Plc
LONDON: Kingfisher Plc has announced the appointment of Thierry Garnier as Chief Executive Officer (CEO). Thierry will be appointed to the Board as an Executive Director and will take over…
UAE and IRENA sign agreement to explore integrating renewables into education system
ABU DHABI, UAE: The UAE Ministry of Education and the International Renewable Energy Agency (IRENA) signed an agreement to cooperate on the integration of renewable energy and sustainable development into…
Opening of the Gasunie 1MW green hydrogen electrolyser plant in Netherlands
AMSTERDAM: ITM Power, the energy storage and clean fuel company, announced the opening of Gasunie’s Hystock green hydrogen plant in Veendam near Groningen in the Netherlands. Gasunie manages and maintains…
NEKTAN launches Bingo across B2C white label casino network
LONDON: Nektan plc, the fast-growing international gaming technology platform and services provider, has further expanded its product offering with the launch of a new mobile-first bingo product, which is now…
SGX realigns business and client organisation to grow and scale asset classes
SINGAPORE: Singapore Exchange (SGX) announced a new organization structure that capitalises on its strength as an international multi-asset exchange, to pursue growth opportunities and build scale in multiple asset classes.…
Mannai Trading and fme announce strategic partnership for content migrations in Qatar and Middle East
DOHA, QATAR: Mannai Trading Co, and FME, the market leader for content migrations with its product, migration-center, have announced a partnership agreement to drive complex migration projects in Qatar and…
Next-Gen video broadcasting system live tested over 5G
SINGAPORE: Global Invacom, the global provider of satellite communications equipment, announces that Rai Radiotelevisione italiana (Rai), the Italian national public broadcasting company, has successfully live-tested mobile TV broadcast over 5G.…
AC Energy completes acquisition of PHINMA Energy
SINGAPORE: AC Energy, the energy platform of Ayala – largest business group in Philippines, has completed the acquisition of PHINMA Inc.’s and PHINMA Corporation’s combined 51.48% stake in PHINMA Energy…
STV Productions acquires majority stake in award winning unscripted producer Primal Media
LONDON: STV Productions has acquired a majority stake in innovative unscripted producer Primal Media. The deal will enable STV Productions to realise full value from Primal Media’s current and future…
Oxford Biomedica and Santen enter R&D collaboration
LONDON: Oxford, UK and Osaka Japan-Oxford Biomedica, a leading gene and cell therapy group, and Santen Pharmaceutical Co., Ltd. (Santen), the market leader for prescription ophthalmic pharmaceuticals in Japan with…
Applegreen to acquire US forecourt operation
DUBLIN: Applegreen Plc has reached agreement to acquire a leasehold interest in certain forecourt retail assets of Lehigh Gas Wholesale LLC, CrossAmerica Partners LP (CAP) and their affiliates located in…
SDX Energy announces oil discovery at Rabul-7 Well, West Gharib Concession in Egypt
LONDON: SDX Energy plc, the North Africa focused oil and gas company, is pleased to announce that an oil discovery has been made at its Rabul-7 development well in the…
Yamal LNG shipped first LNG cargo to Japan
MOSCOW: PAO NOVATEK announced today that Yamal LNG shipped the first cargo of liquefied natural gas (LNG) to Japan in accordance with the long-term offtake agreement with TOTAL. The cargo…
AGIC and SK Gas sign MOU for the development of $1.8bn petrochemical project
RIYADH: Advanced Petrochemical Company announced the signing of a Memorandum of Understanding (MOU) between Advanced Global Investment Company (AGIC), a subsidiary of Advanced, and SK Gas Co. Ltd, an affiliate…
ADFG and SHUAA agree transformational transaction, creating a regional financial services powerhouse
ABU DHABI, UAE: Abu Dhabi Financial Group (ADFG), a leading investment group in the region, and SHUAA Capital (SHUAA), a market leader in regional investment banking and capital markets, have…
Mirdif Hills by Dubai Investments to begin handover in July
DUBAI, UAE: Dubai Investments PJSC, the leading, diversified investments company listed on the Dubai Financial Market, has announced that the construction of the steadily progressing Mirdif Hills project, in Mirdif,…
AM Best assigns credit ratings to Beazley America Insurance Company
OLDWICK: AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” to Beazley America Insurance Company, Inc. (Beazley America), a newly…
Mitsubishi to acquire regional jet program from Bombardier for $550 million
MONTREAL: Mitsubishi Heavy Industries, Ltd (MHI) and Bombardier Inc announced today they have entered into a definitive agreement, whereby MHI will acquire Bombardier’s regional jet program for a cash consideration…