ABU DHABI, UAE: Aldar Properties announced an AED 500 million investment plan to redevelop two of its key retail portfolio assets in the UAE: Al Jimi Mall in Al Ain, and Al Hamra Mall in Ras Al Khaimah. The investment takes Aldar’s committed spend on redeveloping key retail assets to AED 1 billion. The company…
Actual Experience secures second enterprise order for its Digital Workplace Management Platform
LONDON, UK: Actual Experience plc (AIM: ACT), the analytics-as-a-service company, is pleased to announce that it has received a second order for its Digital Workplace Management Platform (DWMP) within 9 months of commercial launch. This new customer is a major global healthcare enterprise who have contracted with the Company via a large US channel partner…
Sir Nigel Rudd returns as Chairman of Destiny Pharma
LONDON, UK: Destiny Pharma plc (AIM: DEST), a clinical stage innovative biotechnology company focused on the development of novel medicines that can prevent life-threatening infections, today announces that Sir Nigel Rudd will be returning as Company Chairman, effective immediately. Sir Nigel has an impressive track record in creating value for shareholders in a variety of…
888 Holdings appoints Per Widerström as new CEO
LONDON, UK: 888 Holdings, one of the world’s leading betting and gaming companies with internationally renowned brands including William Hill, 888 and Mr Green, today announces the appointment of Per Widerström as Chief Executive Officer (“CEO”), with effect from 16 October 2023. Per has more than 17 years of experience in the online gaming industry,…
Helios acquires Park Farm Underwriting Limited for £3.2m
LONDON, UK: Helios, the investment vehicle which builds shareholder value through exposure to Lloyd’s, announced the completion of a further LLV acquisition on Tuesday. The company said it has acquired Park Farm Underwriting Limited, that provides access to syndicate capacity of £2.3m on the Freehold Syndicate, one of the best performing syndicates at Lloyd’s. The…
Alumasc Group agreed to acquire ARP Group for £10 million
LONDON, UK: Alumasc Group has agreed to acquire the entire issued share capital of ARP Group (ARP), a manufacturer and distributor of specialist metal rainwater and architectural aluminium goods, for a maximum cash consideration of £10.0m on a cash and debt free basis, and subject to adjustments for normalised working capital. The consideration comprises an…
Exchange rates for GBP against major currencies on July 25, 2023
LONDON: The latest exchange rates for GBP against major currencies such as USD, EUR, JPY, AUD and more. Stay up-to-date on the latest fluctuations and trends in the GBP-exchange market. According to www.exchangerates.org.uk: GBP-EUR 1.1593 Pounds to Euros GBP-USD 1.2837 Pounds to Dollars GBP-NZD 2.0661 Pounds to New Zealand Dollars GBP-AUD 1.8979 Pounds to Australian…
ASX closes slightly lower ahead of big week of economic events
The Australian share market has closed slightly lower on Monday, as investors await a series of key economic events this week, both locally and globally. The S&P/ASX 200 Index (ASX: XJO) edged down 0.1% to 7,306.4 points, while the All Ordinaries Index (ASX: XAO) slipped 0.13% to 7,517.3 points. The market was dragged down by…
Alstom partners with RAILPOOL to supply 50 Traxx Universal locomotives in Europe
PARIS, FRANCE: Alstom, a global leader in smart and sustainable mobility, has signed a contract with RAILPOOL, one of Europe’s leading rail vehicle leasing companies, to supply 50 Traxx Universal multi-purpose locomotives. The contract is valued at up to 260 million euro. The Traxx Universal locomotives are designed to operate for freight and passenger corridor…
TotalEnergies buys 50% stake in Rönesans Enerji to develop renewable projects in Turkey
PARIS, FRANCE: TotalEnergies, a global energy company, has announced that it has acquired a 50% stake in Rönesans Enerji, a Turkish renewable energy company, to jointly develop wind, solar and battery storage projects in Turkey. Rönesans Enerji operates a portfolio of 166 MW hydro assets and has a pipeline of more than 700 MW of…
SAUDIA expands international flights by 15%, achieving significant growth
JEDDAH, SAUDI ARABIA: Saudi Arabian Airlines (SAUDIA) continues to implement its operational plan for Summer 2023 by providing over 7.4 million seats for domestic and international routes during July and August, a 10% increase compared to the same period in 2022. The airline will operate more than 32,400 flights, reflecting a 4% increase. These measures…
Sodexo acquires A.H. Management to expand its convenience solutions in North America
PARIS, FRANCE: Sodexo, a global leader in food and facilities management services, has announced that it has acquired A.H. Management, a premier convenience solutions operator in the Chicago region and Southeast Wisconsin. The acquisition will extend Sodexo’s InReach offerings in the fast-growing North American convenience market. A.H. Management is one of the largest independent operators…