PERTH: Azumah Resources Limited notified that IGIC Pte Ltd (an affiliate of Ibaera Capital Fund GP) has increased its relevant interest to over 50% of Azumah’s shares, thereby gaining control of the Company. The Independent Directors of Azumah unanimously recommend…
DUBAI: Islamic Arab Insurance Company (SALAMA), listed on the Dubai Financial Market, has shown consistent growth in net profit over the last three quarters of 2019 and has reported 13.6% growth in gross contribution, attributing to a total of Dh901…
LONDON: Argo Blockchain Plc, a leading enterprise-scale cryptominer based in the UK, announced that 500 new Bitmain S17 Antminer machines were brought onstream last week, increasing the total number of machines in production to 7,000, a press release issued to…
LONDON: Alpha FMC has completed the acquisition of 100% of the issued share capital of Obsidian Solutions Limited, a financial services cloud SaaS business in the United Kingdom for £5.7 million cash payable in two instalments, the first instalment being…
LONDON: IndigoVision Group has announced the acquisition of 100% of the issued share capital of Agorasys SA for a consideration of up to €3.0 million, of which €2.3 million is payable in cash at completion to clear Agora’s existing financial…
DUBAI: Air Partner plc, the global aviation services group, has announced the opening of its new office in Dubai as it looks to extend its offering to the Middle East and grow market share in the region. The office, which…
LONDON: Ithaca Energy Limited has completed the $2 billion acquisition of Chevron North Sea Limited (CNSL). The transaction provides a material and important step up in the scale and breadth of the Company’s asset base, adding ten additional producing field…
LONDON: Immedia Group has established a satellite presence in the USA. The office, which is primarily focused on the Group’s AVC Immedia business is located in Houston Texas and will be headed up by Kacey White. Kacey has already worked…
KAZAN: X5 Retail Group, a leading Russian food retailer, has expanded its logistics infrastructure in the Volga Federal District with a Pyaterochka distribution centre (DC) in Zelenodolsk, a town not far from Kazan. Boasting a total area of some 39,500…
DHAKA: Pakistani onion would be placed in Bangladesh market after almost 15 years, as onion exports have begun to Bangladesh following a ban imposed by Indian government on onion exports, an official at Trade Development Authority of Pakistan (TDAP) said….
OLDWICK: AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” of the core Blue Cross Blue Shield-branded insurance subsidiaries of Anthem, Inc.. The outlook of these Credit…
ANAHEIM–(BUSINESS WIRE)–Atlas Specialty Products has delivered its 2.5 millionth AS1581T06 aerospace standard fitting to Boeing. This milestone has been achieved with zero defects since August 2010. The AS1581T06 is fabricated from titanium bar adhering to individual specifications for each end…