OSLO, NORWAY: AqualisBraemar LOC Group (ABL Group) has entered into an agreement to acquire the UK operations of ship design and marine consultancy company OSD-IMT from Damen Shipyards Group. The acquisition is projected to be completed by the end of November 2021. OSD-IMT is a specialist consultancy in ship design for newbuild, refit and conversion…
Air Arabia posts solid third quarter net profit of AED 209mn
SHARJAH, UAE: Air Arabia announced strong financial results for the third quarter of this year ending September 30, 2021, despite the lasting impact of COVID-19 pandemic on the performance of the aviation industry. Air Arabia registered a strong net profit of AED 209 million for the three months ending September 30, 2021; an increase of…
Al Ain University and BHM Capital inaugurate virtual trading floor
ABU DHABI, UAE: Al Ain University (AAU) and BHM Capital, leading UAE financial services company, inaugurated a virtual trading room at the university, with the aim of refining students’ skills and developing their cognitive abilities in the fields of investment, trading, and financial markets. The creation of the virtual trading room forms part of a…
5 Ways to Germinate Cannabis Seeds
Have you ever thought of germinating your cannabis seeds? It’s a stage that begins the life of the plant. Germinating cannabis seeds is a vital step in the growing process, and it’s the foundation of all marijuana plants. There are several ways to germinate cannabis seeds, and we will talk about five of them in…
Xero Limited to acquire LOCATE Inventory for $19 million
WELLINGTON, NEW ZEALAND: Xero Limited is acquiring LOCATE Inventory or LOCATE (the trading name of New Tack Inc), a US cloud-based inventory management provider, to better support the inventory needs of small business and enhance its ecommerce capability. The acquisition will embed LOCATE’s inventory and ecommerce talent and capability within Xero to enhance Xero’s inventory…
Morgan Stanley to acquire non-performing loans of Permanent TSB
LONDON, UK: Permanent TSB (PTSB) has agreed the sale of a loan portfolio to Morgan Stanley Principal Funding Inc. Permanent TSB is a wholly owned subsidiary of Permanent TSB Group Holdings. Morgan Stanley intends to securitise the loan portfolio following completion of the acquisition next year (2022). Neither the sale nor the securitisation of the…
Everfuel distributes green hydrogen from groundbreaking pilot project
HERNING, DENMARK: Everfuel A/S has begun distribution green hydrogen from Siemens Gamesa’s pilot project in Brande, Denmark. The project is the first to produce green hydrogen from wind in “island mode”, with the option of connecting it to the grid. The project now produces green hydrogen which is distributed by Everfuel as part of the…
Menzies Aviation wins ground services contract across Mexico
LONDON, UK: John Menzies plc, the global aviation logistics specialist, announced that Menzies Aviation has secured a significant contract win with Mexico’s flagship carrier and largest international airline, Aeromexico, which includes ground services at 15 airports across the country. As part of the three year agreement Menzies will deliver a full suite of ground services…
Dan Rennie appointed CEO of LEILAC Group
SYDNEY, AUSTRALIA: Calix Limited announced the appointment of seasoned Calix executive Dan Rennie as CEO of the “LEILAC Group” – Calix’s CO2 mitigation business. Calix CEO Phil Hodgson said “After an extensive global search program via an executive search firm, and following-on from the investment by Carbon Direct of €15m into our CO2 business to…
ReNu Energy to acquire Countrywide Renewable Hydrogen for $8mn
SYDNEY, AUSTRALIA: ReNu Energy Limited has entered into a Share Purchase Agreement to acquire 100% of the issued capital of Australian green hydrogen business, Countrywide Renewable Hydrogen Limited (CRH). ReNu Energy will acquire CRH through the issue of 134,659,520 fully paid ordinary shares at $0.0688 per share. Pricing represents ReNu Energy’s 10-day volume weighted average…
What Every Student Should Know About Dissertation Writing
Dissertations are different from usual projects and are much longer. Typically, a dissertation is an original research paper on a designated topic between 5,000 to 15,000 words. They are usually assigned at the end of the term and are a final piece that colleges ask final year students to prepare. As they hold weightage, students…
TotalEnergies and Daimler Truck partner forhydrogen ecosystem in Europe
PARIS, FRANCE: TotalEnergies and Daimler Truck AG have signed an agreement on their joint commitment to the decarbonization of the road freight in the European Union. The partners will collaborate in the development of ecosystems for heavy-duty trucks running on hydrogen, with the intent to demonstrate the attractiveness and effectiveness of trucking powered by clean…