RIYADH: Saudi Arabia has announced the creation of the world’s first Dragon Ball Z theme park. Spanning 5.3 million square feet, this park is the latest addition to the ambitious Qiddiya project near Riyadh. The park will immerse visitors in the universe of the beloved Japanese anime, featuring seven themed areas, over 30 rides—including five…
Ericsson to lay off 1,200 employees in Sweden
Ericsson said on Monday that it will lay off about 1,200 employees in Sweden. In the wake of a global downturn in the demand for 5G technology, Ericsson’s announcement of a 1,200-employee layoff in Sweden marks a significant shift in the telecommunications landscape. This move is not isolated but part of a larger trend of…
Systems Limited posts 31% increase in net profit during 2023
KARACHI, PAKISTAN: Systems Limited (SYS), a leading technology and telecommunications service provider, has reported a robust financial performance for the calendar year 2023. The company’s profit after tax (PAT) soared to PKR 8,689 million, marking a significant 31% year-over-year (YoY) increase from the previous year’s PKR 6,629 million. Earnings per share (EPS) also rose from…
Distil plc signs UK off-trade partnership with Global Brands
LONDON, UK: Distil plc (AIM: DIS), owner of premium drinks brands RedLeg Spiced Rum, Blackwoods Gin and Vodka, TRØVE Botanical Vodka and Blavod Black Vodka, announced a new partnership with Global Brands Ltd to supply UK off-trade customers. Global Brands will be servicing Distil’s UK grocery, cash & carry, and convenience customers effective immediately. Utilising…
Henry Boot Plc reports 5.3% increase in revenue in 2023
LONDON, UK: Henry Boot PLC, a prominent player in land promotion, property investment and development, and construction, has released its unaudited results for the fiscal year ending December 31, 2023. Despite a tough economic climate, the company has reported a commendable increase in revenue and continued strategic growth. Financial Performance Highlights: Operational Milestones: Commitment to…
RTC Group Plc reports robust financial growth in 2023
LONDON, UK: RTC Group Plc (AIM: RTC.L), a leading firm in the industry, has released its audited financial results for the year ending December 31, 2023, showcasing significant growth and financial stability. Key Financial Highlights: The Directors have proposed a final dividend of 4.5p per share for 2023, pending shareholder approval at the Annual General…
Impact Healthcare REIT reports 189% increase in profit for 2023
LONDON: Impact Healthcare REIT plc (LON: IHR) has announced its annual results for the year ended 31 December 2023. The real estate investment trust, known for its diversified portfolio of UK healthcare real estate assets, primarily care homes, has reported a significant increase in statutory profit before tax by 189% compared to the previous year….
Satago signs contract with Bank of Ireland Finance
LONDON: TruFin announced that Satago, a leading provider of invoice financing and Lending as a Service software solutions, has partnered with Bank of Ireland Finance to allow small and medium-sized enterprises (SMEs) in Ireland, for the first time, to seek Invoice Finance via Sage Accounting and Sage50 accounting software.Powered by Satago, Sage customers in Ireland…
Taseko Mines Limited secures 100% interest in the Gibraltar Mine
VANCOUVER: Taseko Mines Limited (TSX: TKO) has entered into a definitive agreement, effective March 25, 2024, to acquire the remaining 12.5% interest in the Gibraltar Mine from Dowa Metals & Mining Co. and Furukawa Co..Under the terms of the Agreement, Taseko will acquire Dowa and Furukawa’s shares in Cariboo Copper Corp and will then own…
Orpheus Uranium appoints Clinton Dubieniecki as new CEO
SYDNEY, AUSTRALIA: Orpheus Uranium Limited (ASX: ORP) has announced the appointment of Clinton Dubieniecki as the new Chief Executive Officer. Mr. Dubieniecki is slated to assume his role in late May 2024, bringing over 15 years of experience in the uranium industry to the table. The selection of Mr. Dubieniecki follows an exhaustive search for…
MMA Offshore Limited agrees to A$1.03 billion takeover by Cyan MMA Holdings
SYDNEY, AUSTRALIA: In a significant move within the maritime industry, MMA Offshore Limited (MMA) has announced a binding agreement for a takeover by Cyan MMA Holdings Pty Limited, a subsidiary of Cyan Renewables. The deal, valued at A$2.60 per share, will result in an all-cash acquisition scheme that values MMA’s fully diluted equity at approximately…
Belgravia Group signs option to invest up to $2 million in Excite Technology
SYDNEY, AUSTRALIA: Excite Technology Services Limited (ASX:EXT) announce the execution of an option with Belgravia Group (through Belgravia Strategic Equities to invest up to $2 million in Excite by way of convertible note.Under the terms of the convertible note, Excite would, upon conversion, issue up to 200 million shares at 1 cent per share (being…