CAMBRIDGE, UK: Bango Plc, the mobile commerce company, has signed an agreement with NHN ACE, the South Korean big data digital advertisement company. Through the partnership, global app developers can easily target their offers and promotions to high value mobile and internet users in Korea. Under the agreement, NHN ACE and Bango are making audiences…
Sativa’s George Botanicals enters into a brand partnership with SHS Sales & Marketing
LONDON: Sativa Group Plc, the UK’s leading quoted CBD wellness and medicinal cannabis Group, announced that its wholly owned subsidiary, George Botanicals, has entered into a brand partnership agreement with SHS Sales & Marketing (GB) Limited. SHS will distribute a range of “Goodbody Botanical” branded products to UK high street grocery, pharmacy and specialist customers…
Shearwater’s Brookcourt secures contract with a multinational telecommunications company
LONDON: Shearwater Group, the organisational resilience group, announced that its group company Brookcourt Solutions has secured a €0.5 million contract with a leading multinational telecommunications company for the extension of its recent Pan-European Data Protection Project. This new contract extends Brookcourt Solutions original €4 million contract win 18 months ago where the business was commissioned…
Commerzbank publishes voluntary public acquisition offer for comdirect
FRANKFURT: Commerzbank AG published the offer document relating to the voluntary public acquisition offer for all the outstanding shares of comdirect bank Aktiengesellschaft. Commerzbank already holds around 82 percent of the shares in comdirect. The other 18 per cent are in free float. The aim is to merge comdirect into Commerzbank so as to draw…
AM Best affirms credit ratings of Caribbean Alliance Insurance Company
OLDWICK: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Caribbean Alliance Insurance Company Limited (CAIC). The outlook of these Credit Ratings is stable. The ratings reflect CAIC’s balance sheet strength, which AM Best categorizes as strongest, as well as its strong operating performance,…
Panoro Energy reports 68% increase in 2P oil reserves at Dussafu
OSLO: Panoro Energy ASA has reported a 68% increase in 2P oil reserves in the Dussafu Marin Permit, offshore Gabon. Following the successful discovery and appraisal of the Hibiscus Updip well announced by Panoro on 4 October 2019, the discovered resources at Hibiscus has now been quantified and classified by independent reserves auditor Netherland, Sewell…
Doha Insurance posts profits
DOHA: Doha Insurance disclosed its financial statements for the period ending on the 30th of September, 2019. The statements show that the Net profit reached QR 40 million compared to net profit of QR 35.4 million for the same period of the previous year. Earnings per share amounted to QR 0.08 for the period ending…
TGS announces 3D project offshore Argentina
HOUSTON: TGS-NOPEC Geophysical Company has announced a new 3D multi-client project offshore Argentina. The Malvinas 3D survey will cover approximately 7,300 square kilometers of highly prospective Malvinas Basin, which saw spirited interest during Argentina Round 1 earlier this year. The survey will employ one Shearwater vessel, with operations set to commence in Q4 2019 and…
Zalaris posts 8.2% growth in revenues for September quarter
OSLO: Zalaris ASA, the provider of payroll and HR solutions, posted third quarter ended September 30, 2019 revenues of NOK 190.7 million making 2019 the 19th year of uninterrupted growth within reach. Zalaris’ Q3-19 revenues reached NOK 190.7 million an 8.2% increase compared to NOK 176.2 million in the same quarter previous year. In terms…
Solstad enters into contract with INPEX
OSLO: Solstad Offshore ASA has entered into a contract with Inpex Operations Australia Pty for the provision of two anchor handlers to support additional drilling for the Ichthys LNG development. Normand Scorpion and Normand Sirius will be contracted to INPEX for a period of 3 years. The anchor handlers are expected to mobilise out of…
BH Mubasher Financial Services posts profits in Q3
DUBAI: BH Mubasher Financial Services (BHM), a leading brokerage firm in the UAE’s financial market, reported a quarterly profit in the third quarter following an overall company restructuring in May/June 2019 subsequent to the annual general meeting (AGM) held in the second quarter. Dubai-based financial services firm, earlier known as “Al Safwa Mubasher Financial Services”,…
Emirates Integrated Telecommunications announces 3.7% growth in 9-month adjusted net profit
DUBAI, UAE: Emirates Integrated Telecommunications Company (EITC) published its financial results for the nine-month period ended 30 September 2019, reporting revenues of AED 9.4 billion, an EBITDA of AED 4.22 billion and a Net Profit after royalty of AED 1.29 billion. For Q3 2019, EITC reported revenues of AED 3.07 billion, an EBITDA of AED…