SYDNEY, AUSTRALIA: Riedel Resources Limited (ASX:RIE) announced the appointment of David Groombridge as its Chief Executive Officer (CEO) as it continues to advance its Kingman Gold Project in Arizona, USA. David Groombridge is a seasoned mineral resources professional, with 20 years’ experience in mining and exploration projects, particularly in gold dominant polymetallic orebodies. He has…
Noventiq acquires majority stake in Saga Group
LONDON, UK: Noventiq (LSE: SFTL), the global digital transformation and cybersecurity solutions and services provider, announced the acquisition of the majority stake of Saga Group has been closed. In September 2022, Noventiq signed an agreement to acquire Saga Group. The transaction strengthens Noventiq’s presence in Eastern Europe as well as opening other markets such as…
ZOO Digital’s Globalisation Management Platform adopted by major Hollywood Studio
LONDON, UK: ZOO Digital Group, world-leading provider of cloud-based localisation and media services, is now operating as a key vendor for a major content producer to support their content localisation needs. This client is also using ZOOstudio to manage the localisation of content across its vendors. ZOOstudio is an all-encompassing and vendor-agnostic platform purpose built…
Aurrigo partners Changi Airport to develop and test autonomous vehicles
LONDON, UK: Aurrigo International plc, a leading international provider of transport technology solutions, has signed a formal partnership agreement with Changi Airport Group (Singapore) for the continued joint development and testing of the company’s autonomous vehicles, Auto-Dolly and Auto-DollyTug and its airport simulation software platform Auto-Sim. The multi-year partnership with Changi Airport Group (CAG) provides…
First Abu Dhabi Bank appoints Michel Longhini as Group Head of Global Private Banking
ABU DHABI, UAE: First Abu Dhabi Bank (FAB) announced the appointment of Michel Longhini as Group Head of Global Private Banking and member of the company’s Executive Committee. In this role, Michel Longhini will focus on strengthening FAB’s private banking proposition, while driving growth in key areas of the Private Banking business and across its…
Abu Dhabi Ship Building signs Euro 1 billion defence export contract to Angolan Navy
ABU DHABI, UAE: Abu Dhabi Ship Building (ADSB) has signed its largest defence export contract to date, to deliver three BR71 MKII 71-meter corvettes, along with a number of its UAE designed tactical interceptor and patrol boats, UAVs, and integrated logistical support and training, to the Angolan Navy. The BR71 MKII corvette, a version of…
Al Mal Capital sells 42% interest in Poinsettia Plaza in Ventura, California
DUBAI, UAE: Al Mal Capital has sold its 42% interest in Poinsettia Plaza in Ventura California, US in a US$ 66.0 million deal. Acquired in 2016 in partnership with IRA Capital of Irvine California, Poinsettia Plaza is a multi-tenant shopping center with 153,000 square foot gross leasable area located on an 11-acre land area. On…
Jayride completes the acquisition of AirportShuttles.com
SYDNEY, AUSTRALIA: Jayride Group has completed the acquisition of AirportShuttles.com assets, a leading top level domain name and website for online airport shuttle bookings in the US. Group co-founder and Managing Director, Rod Bishop, said “We are very pleased to have completed the acquisition of the AirportShuttles.com assets, and also to have efficiently completed our…
Hydrogen partners with Ethical Fashion Group to provide fashion pollution solution
LONDON, UK: Hydrogen Utopia International is entering into a strategic partnership with Ethical Fashion Group (EFG), co-founded by British fashion industry veteran Harold Tillman CBE, to provide a ground-breaking Fashion Pollution Solution to clothing manufacturers and suppliers. The partnership will allow clothing manufacturers, suppliers and retailers to address the devastating environmental impact of products made…
Eleco Plc announced the sale of German Arcon architectural CAD business
LONDON, UK: The Board of Eleco Plc (AIM: ELCO), the AIM-listed construction and building software specialist, announced the sale of its wholly owned subsidiary Eleco Software GmbH, the German Arcon architectural CAD business (Arcon), to FirstInVision GesmbH, an Austrian architectural software business, for a total consideration of €600,000. The transaction supports the Group’s strategy to…
VK to acquire online platform for school students, Uchi.ru
LONDON, UK: VK has fully consolidated Uchi.ru, the largest online platform for school students, after buying out the remaining 75% of the company. Deal value stood at RUB 8.7 billion. Through this acquisition, VK will strengthen its foothold in the segment of extracurricular education for schoolchildren. Uchi.ru is Russia’s largest online platform used by school…
Hill & Smith acquires Enduro Composites for $35 million
LONDON, UK: Hill & Smith Plc, the international group creating sustainable infrastructure and safe transport through innovation, has completed the acquisition of Enduro Composites Inc. The sellers are a group of private shareholders, including the management team, who had a small minority shareholding in Enduro, and will be staying with the business. The cash consideration…