DUBAI, UAE: Aramex and Germany-based DB Schenker signed a strategic Memorandum of Understanding (MoU) with the aim to drive forward synergistic opportunities in supply chain solutions across multiple critical industries to and from Abu Dhabi and the wider MEA region, a news region said. By leveraging DB Schenker’s extensive global experience in specialized freight forwarding solutions across multiple industries,…
Dubai Investments buys additional shares in National General Insurance
DUBAI, UAE: Dubai Investments PJSC (DIC) has bought an additional 15.19% shares of National General Insurance Company PJSC (NGI) from Emirates NBD Bank PJSC. The aggregate ownership of Dubai Investments PJSC (DIC) has now reached 45.18%, following the acquisition of 21.53% acquired through DFM’s direct deal mechanism during the beginning of Q2 2021, and the existing shares held by…
Cédric Simonet appointed Chief Operating Officer of Altona Rare Earths
LONDON, UK: Altona Rare Earths announced the appointment of Cédric Simonet as its Chief Operating Officer (COO) with immediate effect. Cédric has been a non-Executive Director of Altona since his appointment on 24 December 2020 and, prior to this, worked with the Company in his capacity as Consultant Geologist since July 2020. His full biography…
CameraMatics partners with Maritime Transport Ltd
LONDON, UK: CameraMatics has partnered with UK transport and logistics operator Maritime Transport Ltd to fit connected smart camera systems across its entire fleet. Maritime operates a fleet of more than 1,500 trucks, employing over 2,000 drivers and covering some 120 million miles each year. CameraMatics provides a modular software platform based on Camera Technology,…
Kanabo ships first CBD order to UK
LONDON, UK: Kanabo Group Plc, the London-based medical cannabis R&D company, announced that its medicinal cannabis cartridges will be available shortly for UK patients, as its first order has been shipped and is expected to arrive to the UK next week. This product will be distributed under the brand name NOIDECS pursuant to Kanabo’s agreement…
Central Copper Resources Limited plans IPO on London Stock Exchange
LONDON, UK: Central Copper Resources Limited (CCR), a company focused on delivering a high grade copper project into production and exploration of assets in the Democratic Republic of the Congo (DRC) and in the Republic of Zambia (Zambia), expressed its intention to float its ordinary shares on the AIM market of the London Stock Exchange….
TEKNA signs 10-year AM metal powder agreement
ARENDAL, NORWAY: Tekna Holding, the world-leading provider of advanced materials to industry, announces today that it has signed a master supply agreement for a duration of 10 years with an international leading company in the aviation, defense and space industry. This agreement will make Tekna the primary supplier of additive manufacturing powder for the tier-1…
ArcelorMittal to invest €1 billion in decarbonisation technologies at its Asturias’ plant in Gijón
AMSTERDAM, NETHERLANDS: ArcelorMittal has signed a memorandum of understanding (MoU) with the Spanish Government that will see a €1 billion investment in decarbonisation technologies at ArcelorMittal Asturias’ plant in Gijón, a news release said. The investments will reduce CO2 emissions at ArcelorMittal’s Spanish operations by up to 4.8 million tonnes, which represents approximately 50% of…
GENinCode plc announces intention to float on AIM of London Stock Exchange
LONDON, UK: GENinCode plc, cardiovascular disease (CVD) risk assessment company, has expressed intention to seek admission of its issued and to be issued Ordinary Shares to trading on AIM, a market of the London Stock Exchange. On admission, the Company is expected to have a market capitalisation of approximately £42 million, a news release said….
TotalEnergies signs infrastructure agreement with GIP Australia on Gladstone LNG project
PARIS, FRANCE: TotalEnergies has completed a transaction with GIP Australia (GIP) in relation to the downstream facilities of the Gladstone LNG Project owned by its subsidiary Total GLNG Australia (TGA), for a consideration of more than $750 million, with effective date January 1, 2021. As part of this transaction, GIP will receive a throughput-based tolling…
YouGov acquires Australian data insights consultancy Faster Horses
LONDON, UK: YouGov Plc, the international market research and data analytics group, has wholly acquired Faster Horses, the Australian online-focussed data insights consultancy, a news release said. This acquisition will cement YouGov’s position in Australia and enable it to capitalise on panel investments in the region. Faster Horses currently has 20 employees across its offices…
Ariana Resources launches its wholly-owned Asgard Metals Fund
LONDON, UK: Ariana Resources plc announced the launch of its wholly-owned Asgard Metals Fund, which is being developed as part of Ariana’s proprietary Project Catalyst Strategy. The Fund will be focused on investments in discovery-stage mineral exploration companies following defined exploration and development work programmes on specific projects. Highlights: · Asgard Metals Pty. Ltd., the…