LONDON, UK: WANdisco, the live data company for machine learning and AI, announced progress on the Company’s strategic joint product initiative with Microsoft which is expected to enter public availability in Q1 2020. Fusion Resource Provider (FRP) is a jointly…
MOSCOW: RusHydro has announced signing of loan agreement with VTB Bank regarding revolving loan facility for 15 years with limit of up to RUB 30 billion. The maximum interest rate on the loan is equal to key rate set by…
DUBAI, UAE: Mashreq Bank, one of the leading financial institutions in the UAE, has reported AED 2.1 billion net profit for the year ending December 31, 2019. Mashreq’s CEO, Ahmed Abdelaal, said: “Mashreq Bank continued to register strong performance and…
DUBAI: Oman Insurance Company has reported a turnaround net profit of AED 190.5 million for the year ended December 31, 2019, making it one the best in last 5 years. This was achieved due to the forward-looking strategies defined in…
DUBAI, UAE: Drake & Scull International (DSI), a regional market leader of integrated design, engineering and construction projects, has announced that its Kuwaiti subsidiary, Drake & Scull for Electrical Contracting (DSI Kuwait), has successfully completed major engineering and construction projects…
LEVERKUSEN, GERMANY: Bayer is donating medicines and additional financial aid worth a total of approximately EUR 1.5 million to support the population affected by the outbreak of the novel coronavirus in China. The donations will be made to the Chinese…
OSLO: IDEX Biometrics ASA has received its first production orders worth $6.0 million under an agreement entered into in 2019 to provide fingerprint sensors to a leading global provider of financial services and news. Following initial sample orders in the…
SYDNEY: Australia and New Zealand Banking Group (ANZ) announced it had successfully completed the sale of its OnePath Pensions & Investments (OnePath P&I) business to IOOF Holdings Limited (IOOF). The final sale price of $850 million included $25 million that…
PERTH: Ardiden Limited has appointed experienced geologist and current Chief Executive Officer Rob Longley as Managing Director. This appointment is consistent with the company’s strategic focus on maximising value from the Company’s gold assets in the Tier 1 Mining jurisdiction…
LONDON: The Board of Tritax EuroBox, which invests in Continental European logistics real estate assets, has acquired two recently developed prime logistics properties and development land, positioned in the core logistics location of Strykow, near Lodz in Central Poland for…
LONDON: Knights Group Holdings plc has acquired the entire issued share capital of Simon Leighton Limited, Arthur Chapman Limited and Bob Agnew Limited being the corporate shareholders of Croftons Solicitors LLP for £2.8 million. This acquisition builds on the Company’s…
LONDON, UK: Velocys plc, the sustainable fuels technology company, announced the appointment of Worley to manage the delivery of its fully integrated technology package. Worley, a world-class engineering contractor, is the partner in the development of pre-feasibility, feasibility and FEED…