MANAMA, BAHRAIN: Al Salam Bank-Bahrain officially opened its newest branch at Al Raya Mall in Riffa in the presence of the Executive Director of Banking Supervision at the Central Bank of Bahrain (CBB) Mr. Khalid Hamad Abdulrahman, Group CEO Mr. Rafik Nayed, Deputy CEO Mr. Anwar Murad and other key members of the Executive Management….
Sirius Real Estate acquires two business parks for total of €33.4 million
LONDON, UK: Sirius Real Estate has completed the acquisitions of Neuss II, a business park near Düsseldorf, and Neuruppin Business Park, in the Brandenburg region, for a combined total of €33.4 million. Sirius Real Estate is the leading operator of branded business parks providing conventional space and flexible workspace in Germany. Originally constructed in 1987…
SeABank and Prudential Vietnam jointly establish exclusive bancassurance partnership
LONDON: Prudential Vietnam Assurance Private Limited, a subsidiary of Prudential plc, and Southeast Asia Commercial Joint Stock Bank (SeABank) have entered into an exclusive bancassurance partnership with a 20-year term. Prudential Vietnam will also become the preferred life insurance provider to BRG Group Joint Stock Company (BRG Group), a leading conglomerate in Vietnam with approximately…
BetMakers extends its partnership with Racing Victoria
SYDNEY AUSTRALIA: BetMakers Technology Group’s subsidiary DynamicOdds has extended its Australian Principal Racing Authority Official Price project through its existing partnership with Racing Victoria (RV) with the development of the VBA Price feature for RV and the Victorian Bookmakers Association (VBA). All intellectual property rights in the VBA Price software are owned by RV and…
Perunding Ranhill Worley wins ExxonMobil’s EPCM services contract
SYDNEY, AUSTRALIA: Perunding Ranhill Worley (PRW) has been awarded a 5-year engineering, procurement and construction management (EPCM) contract by ExxonMobil Exploration and Production Malaysia Inc. Ranhill Worley is a joint venture entity between the Worley group and Ranhill Group and is the entity that performs services for PRW. The Worley group is also a joint…
Aiqudo announces partnership with electric vehicle manufacturer BYTON
CAMPBELL–(BUSINESS WIRE)–Aiqudo, a voice technology pioneer, announced ahead of CES 2020 a partnership with premium electric vehicle manufacturer BYTON, bringing the power of Aiqudo’s Voice AI platform to BYTON cars. Aiqudo’s Voice to Action platform will enable interacting with your favorite apps on your mobile phone hands-free while driving, seamlessly integrating with BYTON’s unique Digital…
Altitude Group makes strategic alliance with Advertising Specialty Institute
LONDON, UK: Altitude Group Plc (ALT) has announced a major strategic alliance with the Advertising Specialty Institute (ASI) the largest media, marketing and education organization serving the $24.7 billion US promotional products industry. Altitude Group Plc (ALT) is the operator of the leading marketplace for personalized products. Founded in 1962, ASI serves a network of…
Tremor International to acquire News Corp’s Unruly
LONDON, UK: Tremor International Ltd, a global leader in video advertising technologies, has reached an agreement with News Corp to acquire Unruly, News Corp’s programmatic video marketplace. The transaction will be satisfied through the issue of approximately 6.91 percent of Tremor International’s issued voting share capital to News Corp. Under the terms of the Transaction,…
Global Ports Holding’s JV completes acquisition of Goulette Shipping Cruise
LONDON: Global Ports Holding, the world’s largest independent cruise port operator, announced that Goulette Cruise Holding Ltd, its joint venture with MSC Cruises S.A., has completed the acquisition of Goulette Shipping Cruise, the company that operates the cruise terminal in La Goulette, Tunisia, from Al Karama Holding. The concession to operate the cruise port was…
EMICOOL’s pipeline network crosses 240 Kms in 2019
DUBAI: Emirates District Cooling (Emicool) LLC, a wholly owned subsidiary of Dubai Investments, has announced that it now provides district cooling services to larger diversified sectors like residential, retails, commercial buildings, hotels, schools, universities, hospitals, furnished apartments, industrial and labour accommodation across UAE and with the mega reach network the total linear length of the…
Hudson’s Bay enters into amended agreement to be taken private at $11 per share
TORONTO: –(BUSINESS WIRE)–Hudson’s Bay Company (HBC) has entered into an amended arrangement agreement with a group of existing shareholders under which the HBC common shares held by the Company’s other shareholders will be acquired by HBC for $11.00 in cash per share. The Hudson’s Bay Company is a Canadian retail business group. A fur trading…
BMW North America sales increase 4.0% in December; close 2019 up 4.4%
WOODCLIFF LAKE–(BUSINESS WIRE)–BMW sales totaled 35,746 vehicles in December 2019, an increase of 4.0 percent over the 34,357 vehicles sold in December 2018. For the full year 2019 BMW sales increased 4.4 percent on total sales of 324,826, compared to the 311,014 vehicles sold in 2018. In 2019, BMW brand sales in the U.S. continued…