DUBAI, UAE: Standard Chartered plans to sell its Jordanian business to Arab Jordan Investment Bank (AJIB), as the bank presses ahead with plans to exit seven markets in Africa and the Middle East, Reuters reported. The bank entered into an…
MANAMA, BAHRAIN: The Bahrain based Al Baraka Group B.S.C (“ABG” / the “Group”) has announced two of its Units won the prestigious Islamic Finance News Awards for “Best Digital Offering”. The winners were selected based on an annual comprehensive referendum…
PARIS, FRANCE: CMG CleanTech S.A., leader in the green energy technology sector, has been announced as the winner of United States based project bid, allowing Joint Venture partner Panacea Global Energy expansion of its operations to North America with the…
Shares of Block Inc., which operates through two segments: Square and Cash App., plunged 19% after short seller Hindenburg Research announced the payment company was its latest short position, alleging that Block allowed criminal activity to operate with lax controls…
LONDON, UK: The Bank of England on Thursday hiked interest rates by 25 basis points as it grapples with persistent high inflation. The Monetary Policy Committee voted 7-2 in favor of raising the Bank rate to 4.25%, in a widely…
Japan Airlines (JAL) has announced to buy 21 Boeing 737 MAX to replenish its narrowbody fleet. Japan Airlines Co., Ltd., also known as JAL or Nikkō, is an international airline and Japan’s flag carrier and largest airline as of 2022,…
PARIS, FRANCE: Atari, one of the world’s most iconic consumer brands and interactive entertainment producers, has entered into an agreement to acquire 100% of Night Dive Studios Inc., a full service game development and publishing company based in Vancouver, Washington,…
LONDON, UK: finnCap Group plc and Cenkos Securities plc have reached agreement on the terms and conditions of a recommended all-share merger to create a market-leading full-service advisory firm for growth and investment companies. The Combined Group will be led…
LONDON, UK: EKF Diagnostics Holdings (AIM: EKF), the AIM-listed global diagnostics business, has disposed of its subsidiary, Advanced Diagnostic Laboratory LLC (ADL). As announced in the Company’s trading update on 6 February 2023, the transition of the Laboratory Testing business towards…
SYDNEY, AUSTRALIA: SRJ Technologies Group (ASX: SRJ) has signed a Strategic Alliance Agreement (SAA) with Cokebusters Limited with the intention to combine the specific technical capabilities of both entities to develop and utilise asset integrity solutions for pipeline and pipework…
LONDON, UK: Zinnwald Lithium plc, the German focused lithium development company, will sell new shares at a price of 10.41 pence per share to raise a minimum of £14 million. The net proceeds from the shares sale will be used…
LONDON, UK: Superdry has signed an IP Transfer Agreement with Cowell Fashion Company, a listed company based in South Korea, for the sale of Superdry’s intellectual property (IP) assets in certain countries within the Asia Pacific (APAC) region, for an…