AMSTERDAM: Envipco Holding N.V., a leading provider of reverse vending solutions, has announced the appointment of Mikael Clement as its new Chief Strategy and IR Officer (CSO). The CSO role is a newly created position that will strengthen the Company’s corporate management and executive leadership. Mikael Clement will be in charge of defining and executing…
McNally Capital appoints Lou Rassey as Co-CEO and Managing Partner
McNally Capital, a private equity firm, announced today that Lou Rassey, a former CEO, entrepreneur, and McKinsey Partner, has joined the firm as Co-Chief Executive Officer (Co-CEO) and Managing Partner. Rassey will work alongside Founder, Co-CEO, and Managing Partner Ward McNally to lead the firm’s growth, innovation, and operational excellence. Rassey brings 30 years of…
Aldar Properties announces new projects worth AED 5 billion to boost recurring income
Abu Dhabi, UAE: Aldar Properties, the leading real estate developer, manager, and investor in Abu Dhabi, has announced a development pipeline of new projects worth AED 5 billion, aimed at increasing its recurring income by 2025. The new projects include residential, retail, hospitality, and education assets across Abu Dhabi’s prime locations, such as Yas Island,…
Palms Sports acquires Learn Education and its outstanding Al Rabeeh Schools
Abu Dhabi, UAE: Palms Sports, the leading sports management company and a subsidiary of International Holding Company (IHC), has completed its acquisition of Learn Education, which owns the outstanding Al Rabeeh Schools in Abu Dhabi. This strategic move marks a significant milestone in Palms Sports’ expansion journey, as it secures its ownership of Al Rabeeh…
AD Ports Group buys 60% stake in Dubai Technologies for AED 28 million
Abu Dhabi, UAE: AD Ports Group, a leading provider of trade digitalisation solutions, has acquired a majority stake in Dubai Technologies, a developer of intelligent ports and transportation platforms. The deal will enhance AD Ports Group’s digital trade portfolio and capabilities, as well as create cost synergies and new opportunities for international expansion. Dubai Technologies’…
Indra Energy brings eco-friendly natural gas to Michigan
Indra Energy, an independent and eco-friendly energy provider, has launched its 100-percent carbon-offset natural gas services in Michigan. The company aims to cater to residents who want to reduce their environmental impact and enjoy rewarding benefits. Indra Energy is already serving customers in several states across the Northeast and Midwest U.S. with its alternative energy…
Shiseido acquires Dr. Dennis Gross Skincare to boost its presence in the Americas
Shiseido, a Japanese cosmetics giant, has announced the completion of its acquisition of Dr. Dennis Gross Skincare, a US-based skincare brand known for its clean, innovative and science-based products. The deal, which was first revealed in December 2023, is part of Shiseido’s strategy to become a leading personal beauty wellness company by 2030 and to…
Tokyo Gas America acquires stake in ARM Energy Trading
Tokyo Gas America, a subsidiary of Tokyo Gas, has bought a minority share in ARM Energy Trading, a new entity that includes ARM Energy Services and ARM Energy Mexico, two of the biggest natural gas marketers in North America. The deal will allow ARM Energy Trading to expand its asset optimization and trading strategy, as…
Dream Unlimited sells Colorado ski resort to Alterra
Dream Unlimited Corp., a Canadian real estate company, announced on Monday that it has agreed to sell its Colorado ski resort, Arapahoe Basin, to Alterra Mountain Company, a leading operator of ski destinations in North America. The deal, which is expected to close in 2024, will generate an after-tax profit of $110 million for Dream,…
Huawei MatePad Pro 13.2: A stunning tablet with a big problem
Huawei has recently launched the MatePad Pro 13.2, a large and powerful tablet with an OLED screen, a new Kirin 9000S chip, and Harmony OS 4. But is it worth buying, especially when it lacks Google support? Let’s find out. Lenovo ThinkBook Plus Gen 5 Hybrid hands-on: A laptop and a tablet in one ##…
Yandex sells Russian business for $5 billion amid war and sanctions
Yandex NV, the Dutch parent of Russia’s leading tech company, has agreed to sell its core business in Russia to its local managers, oil giant Lukoil and other investors for $5 billion, half of its market value before the war. The deal is one of the largest exits of Western companies from Russia since President…
HungerRush appoints Mike Jerich as new CEO
HungerRush, a leading cloud software provider for the restaurant industry, has announced Mike Jerich as its new Chief Executive Officer, effective February 5th. Jerich will succeed Bill Mitchell, who will become Executive Chair of the Board of Directors. Jerich brings over 20 years of experience in technology, having led ServiceMax as its Chief Revenue Officer…