DUBAI, UAE: Aramex PJSC has reached a definitive and binding agreement for a subsidiary of Iron Mountain Incorporated, the US based global leader of information management services, to acquire Information Fort (LLC), a leading records and information management provider in the Middle East, North Africa and Turkey regions. Upon completion of the transaction, Aramex will…
Danske Bank issues S&P 500 linked structured notes
COPENHAGEN: On 4 February 2021, Danske Bank will issue USD 1.96 million in index-linked notes linked to the performance of the index value of the S&P 500 Index. The notes are designated “DANSKE 0BTZ US Buffer 2022”. The notes are issued at a price of 100. The notes do not pay interest. The notes are…
Zap-Map signs up ESB Energy to new electric vehicle payment platform
LONDON: Zap-Map, the UK’s leading EV mapping service, has signed ESB Energy as the latest charge point operator to join its Zap-Pay service. Zap-Pay allows electric vehicle drivers to pay for charging in a simple and easy way, avoiding the hassle of multiple apps across different networks. With the addition of the payment service, Zap-Map…
The Very Good Food Company receives conditional approval to list on TSX Venture Exchange
VANCOUVER: The Very Good Food Company Inc. has received conditional approval to list its common shares on the TSX Venture Exchange (TSXV). The Company will make a further announcement once the TSXV has issued a bulletin confirming the date on which trading on the TSXV will commence at which time the Company’s shares will also…
KABN North America partners Indicio to build the liquid avatar verifiable credential ecosystem
TORONTO: KABN Systems NA Holdings Corp. has entered into an agreement with Indicio, a professional services firm, to build and launch the Liquid Avatar Verifiable Credentials Ecosystem (LAVCE). The Liquid Avatar Verifiable Credentials Ecosystem (LAVCE) aims to support and enable online identity assurance which includes a digital credentials wallet and platform for issuers, verifiers, and…
Vow ASA awarded 5.7 million euro cruise ship contract with European shipbuilder
OSLO, NORWAY: Vow ASA has through its subsidiary Scanship been awarded a 5.7-million-euro contract with a major European shipyard for the delivery of two advanced wastewater purification systems. The Scanship systems will be installed on two cruise ships to enter service in 2024 and 2026. The vessels will be operated under European brand and in…
VOPY selects Zwipe Pay ONE platform for its biometric payment cards
STOCKHOLM: Zwipe AS announced that its biometric payment platform, Zwipe Pay ONE, has been selected by Swedish fintech Vopy. Vopy, a provider of embedded financial services for telecom and financial institutions, is headquartered in Stockholm and has its R&D in Oslo. As a commercial issuer, Vopy will issue biometric payment cards powered by Zwipe Pay…
Huddlestock Fintech signs first asset manager to the Apex Platform
OSLO: Pecunia GmbH is the first asset manager to join the Apex Platform for asset management and distribution, after it went live in partnership with BNP Paribas in Germany late last month. Pecunia, established in 2012, won the Citywire Deutschland Award in 2020 for best fund manager and has more than 200 mill EUR (+2…
Agha Steel to install 2.25 megawatt Solar captive power plant
KARACHI: Agha Steel Industries, a leading Steel rebar manufacturing company has signed a contract with Renewable Power Pvt. Ltd. for installing a 2.25 Megawatt solar power project at its production facility located at Port Qasim Karachi. Meezan Bank has been nominated as the lead Islamic banking arranger for the project. This would be among one of…
Tony Calamita appointed CEO of World High Life
LONDON: World High Life Plc announced that Tony Calamita has been appointed as Chief Executive Officer and Director of the Company with immediate effect. Tony is one of the founders of the Company’s wholly owned subsidiary, Love Hemp Limited and has played a crucial role in the rapid development of Love Hemp’s business, creating one…
Euronav acquires two eco-Suezmax vessels under construction
ANTWERP: Euronav NV has entered into an agreement for the acquisition through resale of two eco-Suezmax newbuilding contracts. Currently completing construction at the Daehan Shipyard in South Korea, these modern vessels are being acquired for an en-bloc price of USD 113 million. Both vessels are due for delivery in January 2022. The vessels are the…
OTAQ signs £2 million Coronavirus Business Interruption Loan facility
LONDON: OTAQ Plc, the marine technology products and solutions group for the global aquaculture and offshore oil and gas industries, has a signed a five-year £2 million Coronavirus Business Interruption Loan Scheme (CBILS) Term Loan Facility with BOOST&Co. The Company has a strong cash balance of approximately £1.4 million as at 31 December 2020 and…