TRONDHEIM: NORBIT ASA is currently in advanced and exclusive negotiations regarding an add-on acquisition of an undisclosed European company to create a broader platform for growth within the ITS business segment. “This acquisition fits well into our selective M&A strategy….
ABU DHABI: Finance House announced the launch of “Al Rabeh Business” to support local businesses, by offering a suite of products to simplify financial services and provide enhanced earnings, ease of use, and lightning speed turnaround times. Commenting on this,…
BAHRAIN: Bahrain Bourse (BHB) in collaboration with INJAZ Bahrain officially announced the kick-off of the 3rd edition of the Smart Investor Program, in its electronic version, targeting elementary students for the academic year 2020-2021. Commenting on this occasion, Shaikh Khalifa…
DOHA: Qatar Islamic Bank (QIB) has has signed a long-term financing agreement with Barwa Real Estate company, in the amount of QAR 600 million. The purpose of the agreement is to finance part of Barwa capital Expenditure for the group’s…
DUBAI, UAE: Orascom Construction PLC has signed, together with Siemens Mobility and Arab Contractors, a Memorandum of Understanding with the National Authority for Tunnels c(NAT) to design, install and commission Egypt’s first high-speed rail system. The agreement encompasses a rail…
DUBAI: GFH Financial Group would like to announce thatit has acquired 80% alongside the stake of a strategic partner of Hidd Mall. The 46,000 m2 mall, located in the fast-growing area of Hidd in Muharraq, is fully leased to Lulu…
TORONTO: Cypherpunk Holdings Inc. has closed an oversubscribed, non-brokered private placement offering through the issuance of 19.867 million units at a price of C$0.15 per Unit for gross proceeds of C$2.98 million. Each Unit is comprised of one common share…
OSLO: Kenneth Hamnes has resigned from his position as Group CEO of Arcus ASA. His last day of work will be January 31, 2021 in line with the agreement made with the Arcus’ Board of Directors. Sigmund Toth, Arcus’ CFO…
OSLO: The board of directors of Endúr Industrier AS, a subsidiary of marine infrastructure group Endúr ASA, has today notified Stavanger district court about its decision to initiate bankruptcy petition for the company. Endúr Industrier AS delivers’ fabrication services to…
STOCKHOLM: The Board of Bayport Management Ltd (BML) notified that Christopher Blandford-Newson has been appointed as the new Chief Executive Officer of the Company, effective January 2021. Christopher has served as an independent non-executive director on the Board since June…
OSLO: Aega ASA has appointed Ingebrikt Bjørkhaug as the company’s chief financial officer (CFO). “Given the extensive growth last year and future plans for Aega, it is the right time to strengthen the company’s administration. Bringing Mr. Bjørkhaug onboard will…
COPENHAGEN: 5th Planet Games A/S has appointed Caspar Rose as new CEO, a news release said. In order to strengthen 5th Planet Games external communication and to provide new managerial momentum, it has been decided to appoint Chairman of the…