LONDON, UK: JLEN Environmental Assets Group Limited announced the acquisition of a 100% equity stake in Cramlington Renewable Energy Developments Ltd (CRED), which owns a Biomass Combined Heat and Power plant and its underlying contracts. The acquisition of CRED, for…
AUCKLAND, NEW ZEALAND: Kiwi carpet manufacturer, Bremworth, has signed up to the New Zealand Farm Assurance Programme (NZFAP), signalling its support for and adoption of a national wool standard. NZFAP provides assurance to consumers about the integrity, traceability, biosecurity, environmental…
AUCKLAND, NEW ZEALAND: Livestock Improvement Corporation (NZX: LIC) Chief Executive Wayne McNee has advised the Board of his intention to step down on 30 November after eight years in the role. Livestock Improvement Corporation (LIC) Chair Murray King said that…
DUBAI, UAE: SHUAA Capital psc announced its intention to launch a new Digital Wealth Platform to serve existing clients as well as the next generation of investors. To steer the company’s innovative and ambitious digital proposition, which will operate as…
OLDWICK: AM Best has recorded negative implications for the Financial Strength Rating of Blue Cross Life Insurance Company of Canada (BCLIC) after it selected an investment manager facing fraud investigations. AM Best has recorded negative implications for the Financial Strength…
CAIRO, EGYPT: PayTabs Egypt, which set up operations in Cairo nearly a year and a half ago, has received the prestigious “Best E-Payment Solution” award at the ‘Leaders in Fintech Awards 2021’ presented by Entrepreneur Middle East. The event turned…
OSLO, NORWAY: Norwegian Air Shuttle ASA announced the New Capital Perpetual Bonds with ISIN NO 0010996440 in the aggregate amount of NOK 1.738 billion can be converted into shares from the date falling on the second anniversary of the issue date and…
OSLO, NORWAY: Kongsberg Maritime (KM) has won NOK 250 million contracts to design and equip two construction service operation vessels (CSOV/SOV) for the Norway-based shipowner Awind AS, a fully-owned subsidiary of Integrated Wind Solutions AS. Destined for the renewable offshore…
LEUVEN, BELGIUM: Crescent NV’s Option, Verhaert, and DroneMatrix have formed a consortium to collaborate on a sub-6 GHz 5G Gateway platform coupled with an Edge AI module, a news release said. This technology platform will enable new innovations with a large number of…
KARACHI, PAKISTAN: Governor State Bank of Pakistan (SBP), Dr. Reza Baqir is appointed as the Chairman of the General Assembly of Islamic Financial Services Board (IFSB) for the year 2022, a news release said. Reza Baqir’s appointment was approved by…
PARIS, FRANCE: French government has agreed to authorize the return of duty-free sales on its French terminal. A quality process, led by the authorities, has restored a balanced and fair competition between the cross-Channel carriers. With the anticipated progressive return…
LIMASSOL, CYPRUS: S.D. Standard Drilling Plc has entered into a Memorandum of Agreement (MOA) to sell Standard Olympus for USD 7.5 million. Through its wholly owned subsidiary Standard Olympus AS, S.D. Standard Drilling Plc, has agreed to sell Standard Olympus…