COPENHAGEN, DENMARK: Hypefactors AS, that delivers a unified solution for media monitoring, intelligence and reputation tracking, will launch its next generation Reputation AI (artificial intelligence) on September 20, 2021. Through algorithmic advances in machine learning, as well as drastically increased data curated by a team of in-house recruited linguists with diverse language and cultural backgrounds, Hypefactors…
Gulf Coast Growth Ventures commissions start-up of petrochemical JV
RIYADH, KSA: Saudi Basic Industries Corporation (SABIC) has commenced commissioning activities and preparations for initial start-up of the joint venture project with Exxon Mobil in the U.S. Gulf Coast. nMobil and SABIC, called Gulf Coast Growth Ventures. The project includes the establishment of an ethylene production unit with annual capacity of about 1.8 million tons, which…
Eng. Saleh Al-Sharafi appointed CEO of Waseef Company
DOHA, QATAR: Barwa Real Estate Group announced the appointment of Eng. Saleh Abdullah Al-Sharafi as CEO of Al-Wasef Asset Management Company “Wasif”, which is wholly owned by Barwa Real Estate Group. The Group’s Board of Directors welcomes Al-Sharafi to his new position, and expresses the great confidence that Barwa Real Estate attaches to him, and…
5 Reasons You Should Get a Coat for Your Dog?
As much as dogs have natural fur coats to keep them warm during winter and regular cold nights, sometimes they are inadequate. Some dogs have naturally thin and short; hence the dog becomes susceptible to illnesses caused by icy weather conditions. In such cases, dog owners are compelled to act quickly to ensure their furry…
Ooredoo & CK Hutchison agree $6bn merger of Indonesian businesses
DOHA, QATAR: Ooredoo Group and CK Hutchison Holdings have signed definitive transaction agreements for the proposed merger of their respective telecommunications businesses in Indonesia, PT Indosat Tbk (Indosat Ooredoo) and PT Hutchison 3 Indonesia (H3I). Ooredoo is an international communications company operating across the Middle East, North Africa and Southeast Asia. The merged company will be named PT Indosat Ooredoo Hutchison…
Iceland Seafood agrees to buy 85% shares in Ahumados Dominguez
REYKJAVÍK: Iceland Seafood announced that an agreement has been finalised with the Mestanza family to acquire an 85% stake in the company Ahumados Dominguez in Spain. Pedro Mestanza; the company’s Managing Director, who will continue to lead the company after the acquisition, will hold a 15% minority stake and has an option to buy additional…
Dometic Group to acquire Igloo for up to $900 million
STOCKHOLM, SWEDEN: Dometic Group has entered into an agreement to acquire Igloo – one of the world’s leading companies in passive cooling boxes and drinkware, a news release said. The acquisition of Igloo is a major step in Dometic’s strategy to continue grow in the attractive outdoor industry and creates a strong base for further…
Yara curtails ammonia production due to increased gas prices
OSLO, NORWAY: Record high natural gas prices in Europe are impacting ammonia production margins, and as a result Yara International is curtailing production at a number of its plants. Including optimization of on-going maintenance, Yara will by next week have curtailed around 40% of its European ammonia production capacity. Yara will continue to monitor the…
Hawkwing Plc funds acquisitions by Internet Fusion Group
LONDON, UK: Hawkwing plc has provided Internet Fusion Group Limited with a secured loan of £13.7 million to fund two acquisitions and the associated transaction costs of these acquisitions. The Acquisitions Northcore Limited Northcore is an outdoor surf accessories and lifestyle clothing brand which generated revenue of £2.2 million (unaudited) and EBITDA of £0.4 million…
Cizzle signs research agreement with University of York
LONDON, UK: Cizzle Biotechnology, the UK based diagnostics developer, has entered into a new research agreement with the University of York for the development and validation of molecular tools with potential applications in cancer diagnosis and therapy. The Company’s wholly owned subsidiary Cizzle Biotechnology Limited was a spin out from the University of York based…
Primary Health Properties launches Community Impact Fund
LONDON, UK: Primary Health Properties (PHP) announced the launch of its Community Impact Fund as part of PHP’s wider ESG initiatives. The fund is designed to support health and well-being initiatives in the communities served by its medical centres. This is the latest initiative led by the Group’s newly formed Environmental, Social and Governance Committee….
Love Hemp becomes Amazon Vendor
LONDON, UK: Love Hemp Group, one of the UK’s leading CBD and hemp product suppliers, announced that it has received its initial order from Amazon and the company is now an Amazon Vendor. Love Hemp was invited by Amazon to join its limited range of CBD products listed on amazon.co.uk. Following a rigorous compliance process,…