LONDON: Mobile Streams plc, the mobile content and data intelligence company, announced the signing of two further contracts by its Streams data intelligence business. On 11 June the Company signed two new contracts for delivery of data insight, intelligence and visualisation services using the Streams platform delivered via the Company’s partnership with KrunchData. The first…
Kemal Malik appointed non-executive director at Syncona Ltd
LONDON: Syncona Ltd, a leading healthcare company, announces the appointment of Dr Kemal Malik as a Non-Executive Director with immediate effect. Kemal has 30 years of experience in global pharmaceutical research and development and has been responsible for bringing many innovative medicines to commercialisation. Kemal has spent much of his recent career at Bayer where,…
Salt Lake Potash awards EPC and EPCM contracts to GRES for Lake Way Project
LONDON, UK: Salt Lake Potash Limited has awarded EPC and EPCM contracts to GR Engineering Services Ltd (GRES) for construction of the Process Plant and Non-Process Infrastructure (NPI) at its Lake Way Project. These contracts combined represent more than 40% of the total project capital requirement. HIGHLIGHTS: The Engineering, Procurement and Construction (EPC) contract involves…
Faron receives €2.1 million loan, from Business Finland for Traumakine manufacturing
TURKU, FINLAND: Faron Pharmaceuticals Oy, the clinical stage biopharmaceutical company, announced plans to initiate a new state of the art process for the manufacturing of interferon (IFN) beta-1a. To support this, Faron has received a €2.1 million low interest rate loan from Business Finland, the governmental innovation financing agency of Finland. The loan funds will…
AstraZeneca to supply Europe with up to 400 million doses of Oxford University’s vaccine
LONDON: AstraZeneca has reached an agreement with Europe’s Inclusive Vaccines Alliance (IVA), spearheaded by Germany, France, Italy and the Netherlands, to supply up to 400 million doses of the University of Oxford’s COVID-19 vaccine, with deliveries starting by the end of 2020. With today’s agreement, the IVA aims to accelerate the supply of the vaccine…
Armour Energy signs agreement to acquire CoEra Limited
LONDON: Oilex Limited has entered into a conditional binding Share Purchase Agreement (SPA) with Armour Energy Limited for the proposed sale of all of its interests in the Cooper-Eromanga Basin. Pursuant to the SPA, Armour will acquire 100% of the issued capital of CoEra Limited (CoEra), a wholly owned Company subsidiary which holds all of…
Mark Adams commences his role as CEO Attraqt Group
LONDON: Attraqt Group plc announced that Mark Adams has today commenced his role as Chief Executive Officer. This is a week earlier than previously announced. Nick Habgood will now return to the position of Non-Executive Chairman. As previously communicated, Luke McKeever is remaining as a non-executive director of the Company. Nick Habgood, Non-Executive Chairman of…
BrainChip successfully launches the Akida Early Access Program
ALISO VIEJO: BrainChip Holdings Ltd, a leading provider of AI technology, announced an Early Access Program (EAP) for the Akida neural processor System-on-Chip (SoC). The EAP has been targeted at specific customers in a diversity of end markets for early adoption of the Akida device. Since announcing the start of wafer fabrication in April 2020,…
Bango launches SoftBank payment option for Amazon.co.jp
CAMBRIDGE: Bango Plc, the mobile commerce company, has enabled carrier billing for mobile operator SoftBank Corp. on Amazon.co.jp. Amazon customers with a SoftBank mobile phone account can now pay for goods, membership fees and subscription services, and charge the cost to their mobile phone bill. To use this payment option, a SoftBank subscriber simply adds…
Al Salam Bank wins best Islamic Bank in Bahrain for second consecutive year
MANAMA, BAHRAIN: Al Salam Bank-Bahrain has been named the best Islamic Bank in Bahrain for the second year in a row by prestigious US-based finance magazine Global Finance. In awarding the title, the publication pointed to the Bank’s wide range of cutting-edge products, strong balance sheet and growing asset base. “Al Salam Bank notched a…
Arabtec Holding posts a loss of AED 774 million in 2019
DUBAI: Arabtec Holding PJSC, a leading contractor for social and economic infrastructure, announces its financial results for 12 months ended 31st December 2019. Arabtec reported a net loss to parent of AED 774 million in 2019, which was attributable to the construction business (Arabtec Construction). Other core businesses including Target (Industrial), Arabtec Engineering Services (Infrastructure)…
Dubai Investments enhances sustainable reporting; volunteers to publish ESG report 2019
DUBAI: Dubai Investments – the leading diversified investment company listed on the Dubai Financial Market [DFM] announced that it has enhanced its sustainable reporting by voluntarily publishing the ESG Report 2019, highlighting the Company’s sustainable practices and demonstrating its commitment to operating as a sustainable organization. The move is in line with DFM’s guideline encouraging…