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…
NOVATEK joins the Arctic Economic Council
MOSCOW: PAO NOVATEK has formally joined the Arctic Economic Council, a news release said. The Arctic Economic Council (AEC) is an international business forum established in 2014 at the initiative of the Arctic Council in order to facilitate business-to-business activities and promote responsible economic development of the Arctic region. The AEC’s active organizations include a…
PAO NOVATEK
PAO NOVATEK is the largest independent natural gas producer in Russia, and in 2017, entered the global LNG market by successfully launching the Yamal LNG project. Founded in 1994, the Company is engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons. Upstream activities of the Company’s subsidiaries and joint ventures…
Great Point Entertainment Income Trust announces IPO on London Stock Exchange
LONDON: Great Point Entertainment Income Trust (GPEIT) announced its intention to launch an initial public offering (IPO) on the Specialist Fund Segment of the Main Market of the London Stock Exchange, by way of an initial placing and offer for subscription for a target issue of 200 million ordinary shares of £0.01 each at an…
Volution Group acquires Nordiska Klimatfabriken in Sweden
LONDON: Volution Group, a leading international designer and manufacturer of energy efficient indoor air quality solutions, has signed an agreement for the acquisition of Nordiska Klimatfabriken AB in Sweden. Klimatfabriken specialises in the provision of premium low carbon ventilation equipment for the residential refurbishment market in Sweden, which the business designs and manufactures at its…
Mattioli Woods acquires Montagu Limited for up to £2.34 million
LONDON: Mattioli Woods plc, the specialist wealth management and employee benefits business, announced the acquisition of 100% of the issued share capital of Montagu Limited for a total consideration of up to £2.34 million on a cash-free, debt-free basis. Montagu was established in 1996 and provides wealth management advice and administration for over 150 private…
argenx raises $1.0 billion in gross proceeds in a global offering
BREDA, NETHERLANDS: argenx SE, a global immunology company, announced the pricing of a global offering of ordinary shares represented by American Depository Shares (ADSs) in the United States and certain other countries outside of European Economic Area and a simultaneous private placement of ordinary shares in the European Economic Area and the United Kingdom. The…