LONDON, UK: AdEPT Technology Group, one of the UK’s leading independent providers of managed services for IT, unified communications, connectivity, and voice solutions, is pleased to report that Datrix, a substantial and strategically important acquisition announced in April 2021 is integrating well with early key goals achieved. GOAL 1 – Migration to core systems Immediately…
Petershill Partners confirm IPO on the London Stock Exchange
LONDON, UK: Following the announcement by Petershill Partners on 6 September 2021 of its expected intention to float, the Company today confirms its intention to undertake an initial public offering (the “IPO” or the “Offer”) and certain details of the Offer. The Company intends to apply for admission of the Ordinary Shares to the premium…
Payments & mobility platform Eurowag plans €200 million IPO on LSE
LONDON, UK: Eurowag, a leading pan-European integrated payments & mobility platform focused on the commercial road transportation industry, announced its potential intention to undertake an initial public offering (IPO). Should Eurowag proceed with the IPO, the company will apply for admission of its Ordinary Shares to the premium listing segment of the Official List of…
Exscientia Limited registers for IPO in United States
LONDON, UK: Frontier IP, a specialist in commercialising intellectual property, notes a registration statement has been filed for portfolio company Exscientia Limited with the U.S. Securities and Exchange Commission relating to a proposed initial public offering (IPO) of Exscientia in the United States of its shares. Frontier IP unites science and commerce by identifying strong…
BrandShield removes 92% counterfeit products from the internet
LONDON, UK: BrandShield Systems, a cybersecurity company specialising in monitoring, detecting, and removing online threats provides a holistic brand protection solution to high-end medical and home-based aesthetics solutions provider Pollogen, resulting in removal of 92% of IP-infringing listings and counterfeit products from the internet, within the first month. BrandShield was enlisted by Pollogen to combat…
PTCL to equip The City School with premium ICT services
KARACHI, PAKISTAN: Pakistan Telecommunications Company Limited (PTCL), signed a Memorandum of Understanding (MoU) with The City School to offer premium ICT services including telephone and high-speed internet to the students, alumni and staff members of the institution. PTCL will offer exclusive discounted packages with unlimited data to facilitate effective teaching and learning at one of…
Arabian Centres Company announces opening of Jeddah Park Centre
JEDDAH, KSA: Arabian Centres Company announced the opening of Jeddah Park centre located on Prince Muhammad Bin Abdulaziz Road in Jeddah on Thursday 09th September 2021, to be the 22nd centre in the company’s portfolio. The centre has a GLA of 126.5k square meters, and it contains over 350 commercial units that include the finest…
AUB becomes Gold Sponsor of Bahrain Bourse’s Smart Investor Program
BAHRAIN: Bahrain Bourse, a self-regulated multi-asset marketplace, has announced Ahli United Bank (AUB) as a Gold Sponsor for the 4th Edition of the “Smart Investor” Program. The Smart Investor Program is a national awareness program organized in collaboration with INJAZ Bahrain, aimed at promoting financial and investment literacy among elementary school students in Bahrain. Mrs….
Amanat Holdings announces its Social Infrastructure Platform
DUBAI, UAE: Amanat Holdings, GCC’s largest healthcare and education investment company, has announced the launch of its Social Infrastructure Platform with the acquisition of the real estate property of Cambridge Medical and Rehabilitation Centre’s (CMRC) facility in Abu Dhabi for AED 46 million, a news release said. The transaction marks Amanat’s first investment in healthcare…
Al Salam Bank unveils its newly formed brand DNA
MANAMA, BAHRAIN: Al Salam Bank recently held an exclusive key-note event at the glittering Bahrain National Theatre, one of the largest theatres in the Arab world, which has emerged as an architectural landmark that embodies the artistic and cultural dynamism of the Kingdom. The event was held in celebration of the Bank’s newly launched Brand…
Futures: Coal prices exhibit 30% drop within a year
The Hurricane Ida, which hit the US gulf coasts last month led to soaring energy and petrochemical prices where oil, PVC and coal prices witnessed an upswing, while oil price rally witnessed a cool-off, coal prices made new highs, touching $150/ton. Despite the moniker of the ‘least-liked commodity’ and active government-level action to restrict its usage,…
BankIslami Pakistan wins restitution claim in USA Court
KARACHI: BankIslami, Pakistan’s leading Islamic finance institution, has emerged victorious and won a restitution case in the US as one of the victims of a cybercrime that occurred in 2018. This is a significant achievement not just for the Bank but for Pakistan at an international level. The proceedings were initiated by the US Department…