SYDNEY, AUSTRALIA: Scorpion Minerals Limited (ASX: SCN), a mineral exploration company focused on lithium and gold projects in Western Australia, has announced the appointment of Michael Fotios as its new Chief Executive Officer, effective from 1 July 2023. Mr Fotios is an experienced mining and lithium industry executive, who has a strong track record of…
Michael Dunbar Resigns as CEO of Mamba Exploration Limited
SYDNEY, AUSTRALIA: Mamba Exploration Limited has announced the resignation of Michael Dunbar as Chief Executive Officer (CEO) of the company. Micheal Dunbar has decided to pursue other opportunities within the mineral exploration and development industry. To ensure compliance with the company’s constitution, Dunbar has agreed to continue serving as a director until a suitable replacement…
Al Salam Bank Organizes First Shari’a Departments Forum
MANAMA, BAHRAIN: Al Salam Bank has recently organized the First Shari’a Departments Forum, which took place at the Bank’s headquarters under the supervision of its Shari’a Audit Department and the support of the Executive Management team. The Forum witnessed active participation from all the Islamic banks in the Kingdom, as well as the attendance of…
Masdar submits lowest bid for 1,800MW Phase of Mohammed bin Rashid Al Maktoum Solar Park
DUBAI, UAE: Dubai Electricity and Water Authority (DEWA) has received bids from ACWA Power and Masdar for the 1,800MW 6th phase of the Mohammed bin Rashid Al Maktoum Solar Park. Masdar has submitted the lowest bid of USD 1.62154 cents per kilowatt hour (kWh) for the project, which will utilize photovoltaic (PV) solar panels under…
The Rise of Regenerative Agriculture: Cultivating a Sustainable Food System
In an era marked by environmental challenges and the need for sustainable solutions, regenerative agriculture has emerged as a transformative approach to food production. Going beyond traditional sustainable farming practices, regenerative agriculture aims to heal and restore the health of our ecosystems while providing nutritious food. Before you get into the details, try your luck…
Quadrise forms joint development agreement with BTG Bioliquids for renewable fuel solutions
LONDON, UK: Quadrise (AIM: QED), a leading provider of innovative energy solutions for a cleaner planet, has announced a Joint Development Agreement (JDA) with BTG Bioliquids BV (BTL), specialists in renewable biofuels. The partnership aims to explore the use of BTL’s fast pyrolysis bio-oil (FPBO) as a cost-effective and renewable source of fuel in Quadrise’s…
David Hobbs elected as Chairman of the Pantheon Resources Board
LONDON, UK: Pantheon Resources plc announced that Phillip Gobe has informed the Company of his intention to retire and the Board has elected David Hobbs as Chairman, with the intention for him to become Executive Chairman upon execution of an employment agreement. Phillip joined the Board in 2016 and became Chairman in October 2017. Since…
Smoove Plc partners with Mortgage Advice Bureau to enhance home-buying experience
LONDON, UK: Smoove plc (AIM: SMV), a technology and services company focused on transforming the home moving and ownership process, has announced a strategic agreement with Mortgage Advice Bureau (Holdings) plc (“MAB”). The partnership aims to provide conveyancing comparison and related home-buying support services, revolutionizing the home-buying experience for customers. Under the agreement, Smoove will…
Capita Plc agrees to sell software businesses to AdvancedAdvT
LONDON, UK: Capita plc confirms that it has agreed to sell software businesses CIBS, CHKS, Retain, WFM and Synaptic to AdvancedAdvT Limited for an enterprise value of £33 million on a cash-free, debt-free basis. Including cash and debt-like items and typical working capital adjustments, Capita expects to receive cash proceeds of c£44m on completion, including…
CAB Payments Holdings weighs IPO on London Stock Exchange
LONDON, UK: CAB Payments Holdings Limited, a market leader in business to business (“B2B”) cross-border payments and foreign exchange, specialising in emerging markets, announced its intention to publish a registration document and its potential intention to undertake an initial public offering. Should CAB Payments proceed with the offer, the company will apply for admission of…
Exchange rates for GBP against major currencies on June 8, 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 1.1625 Pounds to Euros GBP-USD 1.2454 Pounds to Dollars GBP-NZD 2.0576 Pounds to New Zealand Dollars GBP-AUD 1.8687 Pounds to Australian…
Bank of Canada Raises Key Overnight Rate to 4.75%, Highest Level in 22 Years
In response to growing concerns about persistent inflation and strong economic growth, the Bank of Canada (BoC) has raised its key overnight benchmark rate to 4.75%, reaching its highest level in 22 years. The central bank had maintained the rate since January to assess the impact of previous hikes. Prior to this increase, borrowing costs…