LONDON, UK: Air Partner’s Private Jets business has seen a 56.8% increase in JetCard bookings globally from 1 February to 30 June compared to the same period last year, indicating that leisure travellers are increasingly looking to secure flexible and safe travel now that travel restrictions have been eased. The number of new members is…
DGL Group acquires a multi-purpose chemical facility for $2.45 million
AUCKLAND, NEW ZEALAND: DGL Group Limited has acquired a multi-purpose chemical facility in Townsville, Queensland, for $2.45 million, a news release said. The facility, which DGL previously leased as a storage hub, will be turned into a chemicals formulation and storage facility, ensuring DGL can produce agriculture, mining and waste and water treatment chemicals at…
EROAD Limited to acquire Coretex Limited in a NZ$188.3 million deal
AUCKLAND, NEW ZEALAND: EROAD Limited has entered into a conditional agreement to acquire 100% of Coretex Limited in a NZ$188.3 million deal, a news release said. Under the agreement, EROAD pays NZ$157.7m in upfront consideration and NZ$30.6m consideration contingent on certain performance milestones. The acquisition will be partly funded by a NZ$64.4m fully underwritten conditional…
Civitas Social Housing win the AIC’s Best ESG Communication Award
LONDON, UK: Civitas Social Housing PLC has jointly won the Best ESG Communication award at this year’s Shareholder Communication Awards, hosted by the Association of Investment Companies (AIC). The ESG Communication award recognises exceptional shareholder communication by AIC member investment companies and their managers, reflecting how an investment company can effectively communicate its approach to…
Atea awarded highest rating for sustainability by EcoVadis
OSLO, NORWAY: For the second year in a row, Atea ASA has been awarded the highest rating in environmental and social performance by EcoVadis, ranking among the top 1% of more than 75,000 companies evaluated, a news release said. Atea has received numerous awards for its sustainability work over several years. In May 2021, Atea…
Jordanian company Abwaab acquires a Pakistan-based Edmatrix
KARACHI, PAKISTAN: An award-winning Jordanian EdTech company Abwaab has acquired Pakistan based e-learning platform Edmatrix. “In 2020 when the pandemic hit, we set out to transform the education sector in Pakistan. We care a whole lot about providing affordable quality education to any learner, anywhere and we did our best to provide the most fulfilling…
Aramex and DB Schenker sign MoU to accelerate expansion ambitions in Abu Dhabi and MEA
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….