DUBAI: GFH Partners Ltd., the DIFC based global asset management arm of GFH Financial Group, today announced that it has successfully secured A-Class purpose built student housing assets worth US$ 300 million in the United States. The assets have been added to GFH Partners’ US student housing platform, which now has more than 5,500 beds…
Sealand Capital Galaxy Limited Enters AI Industry with Conditional Investment
The company, known for investing in innovative IT and social media firms with a focus on the APAC region, is set to expand its portfolio by exploring opportunities in AI. This move comes as the global technology sector witnesses rapid changes driven by new AI models and applications. The company has appointed Ms. Elena Suet…
Japan approves first RSV vaccine for adults 50-59
LONDON: GSK plc (LSE/NYSE: GSK) today announced that Japan’s Ministry of Health, Labour and Welfare (MHLW) has approved a regulatory application to extend the indication of Arexvy (respiratory syncytial virus vaccine, recombinant adjuvanted) for the prevention of RSV disease to include adults aged 50-59 at increased risk. Since September 2023, GSK’s RSV vaccine has been…
Tavistock Investments to acquire Alpha Beta Partners
Completion of acquisition of Alpha Beta Partners LONDON: Tavistock Investments Plc (AIM:TAVI) has exchanged contracts for the acquisition of Alpha Beta Partners (ABP), a well-regarded asset management business based in London and Bath with approaching £3 billion of assets under management and a strategic focus on retail investors served by regulated advice businesses which is…
Ofgem announces 1.2% increase in energy price cap for first quarter of 2025
LONDON: The energy regulator Ofgem announced on Friday, November 22, that the energy price cap will increase by 1.2% for the period from January to March 2025. This change means that the maximum rate per unit and standing charge that can be billed to customers will rise by £21 per year for an average household,…
Silfab Solar secures $100 million for new plant in South Carolina
Silfab Solar Inc., North America’s leading solar module manufacturer, has announced the successful closure of $100 million in new financing. This funding includes a $50 million equity investment led by ARC Financial Corp. and its co-investors, and a $50 million senior secured financing (Green Loan) led by Breakwall Capital, with investment from SR Alternative Credit…
Ferro-Alloy Resources announces update on carbon black substitute
LONDON: Ferro-Alloy Resources Limited (LSE: FAR), a vanadium producer and developer of the Balasausqandiq vanadium deposit in Southern Kazakhstan, has provided an update on its carbon black substitute (CBS) product following a new marketing study. The study, conducted by Smithers, estimates the price of Ferro-Alloy’s CBS product at $500 per tonne for the tyre market…
Global Connectivity announces £20 million investment in Voneus
LONDON: Global Connectivity plc (AQSE: GCON), focused on enhancing communication services and technologies, has announced a further combined capital investment of £20 million in UK broadband provider Voneus Limited by its shareholders on November 14. Global Connectivity holds its stake in Voneus through its investment in Rural Broadband Solutions Holdings Limited (RBSHL). As previously reported…
Inter-American Development Bank (IDB) proposal for US$200 million funding for ATOME
LONDON: ATOME (AIM: ATOM), a leading developer of international green fertilizer projects, has announced that IDB Invest, the private investment arm of the Inter-American Development Bank (IDB), is proposing to provide US$200 million in debt funding for ATOME’s Villeta Project in Paraguay. This funding proposal is subject to contract and follows the satisfactory completion of…
FDA clears XENOVIEW 3T Chest Coil in GE HealthCare MRI Systems
LONDON: Polarean Imaging plc (AIM: POLX), a commercial-stage medical imaging technology leader in advanced Magnetic Resonance Imaging (“MRI”) of lung function, announces that it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for the Company’s specialised MRI Chest Coil to now include GE HealthCare 3 Tesla (3T) MRI scanners for the…
ECR Minerals accepts conditional offer for surplus land in Victoria
LONDON: ECR Minerals plc (LON: ECR), a company focused on gold exploration and development in Australia, has announced it has accepted, in principle, a conditional offer of A$225,000 for the sale of its surplus land at Brewing Lane in Victoria. The purchaser, who plans to settle the offer in cash upon completion, must secure suitable…
Cohort plc acquires Australia based EM Solutions for £75.0 million
LONDON: Cohort plc (AIM: CHRT), an independent technology group, has announced a conditional agreement to acquire the entire issued share capital of EM Solutions Pty Ltd, which includes EM Solutions (Europe) B.V., from Electro Optic Systems Holdings Limited (EOS). The acquisition, valued at AUD$144.0 million (approximately £75.0 million), is subject to customary post-completion adjustments. EM…