AuthuSign, a pioneering e-signature platform, announced its soft launch, offering a groundbreaking solution that prioritizes both security and privacy. Built on the innovative Commitment to a Document Hash (CDH) approach powered by the Ethereum blockchain, AuthuSign empowers businesses and individuals to sign agreements electronically with unparalleled security and confidentiality. “Traditional e-signature solutions often have limitations,”…
Emaar announces AED 1.5 billion expansion of Dubai Mall
DUBAI: Emaar Properties has announced a monumental expansion of Dubai Mall, which will include 240 new luxury stores and food and beverage outlets. This project represents an investment of 1.5 billion dirhams, and the contractor is already mobilising on-site. Announcing the impressive enhancement, Mohamed Alabbar stated, “The new Dubai Mall expansion is a great addition…
International Islamic Trade Finance Corporation signs mutual business cooperation with Qatar Development Bank
DOHA: The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) and Qatar Development Bank (QDB) have announced the signing of a Memorandum of Understanding (MoU) to bolster mutual business cooperation. The MoU aims to support QDB’s SME Export Development Program and enhance the capabilities of Qatari entrepreneurs and innovators, as well as small and medium enterprises…
Euronext has acquired 75% of Global Rate Set Systems (GRSS)
Euronext, the leading pan-European market infrastructure, today announced that it has completed the acquisition of 75% of the share capital of Global Rate Set Systems (GRSS), a leading provider of services to benchmark administrators. In 2023 (YE March), GRSS generated NZ$14.9m (€8.6m) in revenue. Euronext’s acquisition of GRSS expands and enhances its index franchise, positioning…
Axway signs binding agreements to acquire Sopra Banking Software
PARIS: Axway announced that on May 31, 2024 it has signed an agreement to acquire most of Sopra Banking Software’s activities, representing, on a stand-alone basis, revenue of €359m. Axway’s Board of Directors approved the signing of the purchase agreement on the basis of a review by an independent expert (Cabinet Finexsi, whose report is…
Norske Skog evaluates constructing NOK 2.0bn pulp production facility in Halden
OSLO, NORWAY: Norske Skog will initiate a main study aiming to enter the bleached chemi-thermomechanical pulp (BCTMP) market by starting production at Norske Skog Saugbrugs in Halden. The rockslide at Saugbrugs in April 2023 causing heavy damages on the PM6 machine, released available termo-mechinalcal pulp capacity that can be utilised to produce BCTMP (bleached chemi-thermomechanical…
Mutares has acquired FSL Ladenbau GmbH
MUNICH: Mutares SE & Co. has successfully completed the acquisition of FSL Ladenbau GmbH from shareholders Christian Füßer, Marion Füßer and Guido Krümpel. The transaction will strengthen the Ganter Group, a general contractor and expert in high-quality interior finishing, as a new add-on acquisition. Founded in 1973 and based in Westerstede, Germany, FSL Ladenbau is…
Gaming Innovation Group acquires Casinomeister for EUR 3 million
OSLO, NORWAY: Gaming Innovation Group Inc. (GiG) announced the strategic acquisition of Casinomeister, a pioneering online casino advocacy and review platform. The transaction is structured as an asset purchase for Euro 3 million. GiG expects to close the transaction in June. The acquisition will have an immediate positive financial impact, expected to increase going forward…
Lithium Energy announces sale of Solaroz Lithium Brine Project in Argentine
SYDNEY, AUSTRALIA: Lithium Energy Limited (ASX: LEL), a prominent player in the industry, has officially announced the sale of its 90% stake in the Solaroz Lithium Brine Project located in Argentina. The deal, valued at a substantial US$63 million (approximately A$97 million), was made with CNGR Netherlands New Energy Technology B.V. (CNNET), a subsidiary of…
APM Human Services to be acquired by Madison Dearborn Partners
SYDNEY, AUSTRALIA: APM Human Services International Limited (ASX: APM), a leading provider of employment services, has announced the signing of a Scheme Implementation Deed with Ancora BidCo Pty Ltd, an entity under the control of private equity firm Madison Dearborn Partners, LLC. This agreement sets the stage for the acquisition of all issued share capital…
Keras Resources plc hits milestone with Delta Plant commissioning
LONDON: Keras Resources plc has announced the successful commencement of dry commissioning at its Delta processing facility. The initial phase, known as C1, marks a significant milestone for the company’s wholly-owned subsidiary, Falcon Isle Resources Corp. This phase includes the energisation of motors and confirmation that all installed items meet design requirements. The transition from…
Springfield Properties enters Strategic Collaboration with Barratt for Durieshill
LONDON: Springfield Properties plc (AIM: SPR), a leading housebuilder in Scotland focused on delivering private and affordable housing, has entered into a strategic collaboration agreement with BDW Trading Limited (Barratt), the principal operating subsidiary of Barratt Developments PLC, for the development of the Group’s Durieshill site, creating a new village near Stirling. With planning in…