ABU DHABI, UAE: On the 14th of February 2023, Emirates Telecommunications Group Company (e&), has completed the acquisition of Service Souk DMCC “ServiceMarket”, buying 100% of shareholding of the online marketplace. This acquisition is in line with the Group’s strategy to empower consumers, strengthen Smiles online marketplace presence and drive diversification of our business. ServiceMarket…
Halo Technologies signs agreement to acquire Resilient Fund Managers Limited
SYDNEY, AUSTRALIA: Halo Technologies has entered into an agreement to acquire 100% of Resilient Fund Managers Limited, a regulated financial services company based in the UK. Established in 2006, Resilient Fund Managers is licensed to deal in a range of financial products and services including managed investments and securities. The acquisition marks HALO’s entry into…
Stelar Metals signs agreement to acquire Lithium Project in NSW
SYDNEY, AUSTRALIA: Stelar Metals Limited (ASX:SLB) has entered into a binding agreement with Everest Metals Corporation Limited (ASX:EMC) to acquire 90% equity of their New South Wales exploration licences which includes the Trident, Midas and Perseus Projects (NSW Projects or Projects) located in the Broken Hill Block. These Projects are considered prospective for lithium, cobalt…
Redis as Cache: How it Works and Why to Use it?
Redis works by storing data in memory, rather than on disk, which allows for faster access to data. Redis supports many data structures such as strings, hashes, lists, sets, and more. It also provides features like persistence, replication, and Lua scripting. Redis is commonly used as a cache because it can significantly improve the performance…
Selva Malvezzi signs gas sales agreement with BP Gas Marketing
LONDON, UK: Prospex Energy (AIM: PXEN), the AIM quoted investment company focused on European gas and power projects, announced that the operator of the Selva Malvezzi production concession in which Prospex has a 37% working interest, has signed a gas sales agreement (“GSA”) with BP Gas Marketing Limited (“BPGM”), an indirect, wholly owned subsidiary of…
The MISSION Group has acquired Mezzo Labs, a data science and digital consultancy
LONDON, UK: The MISSION Group plc announced the acquisition of Mezzo Labs, a global data science and digital analytics consultancy. The MISSION Group is the creator of Work That Counts, comprising a group of digital marketing and communications Agencies delivering real, sustainable growth for its Clients, is pleased to Mezzo Labs is a leading provider…
Liberty Global acquires 4.92% shares in Vodafone Group for £225 million
DENVER, COLORADO: Liberty Global plc has acquired 1.335 million shares in Vodafone Group representing 4.92% of the outstanding share capital. The transaction was principally funded through an attractive non-recourse financing, requiring equity funding from Liberty Global of approximately £225 million. Mike Fries, CEO of Liberty Global, commented, “We believe, like many others, that Vodafone’s current…
Accenture has acquired Morphus, a Brazil-based cybersecurity company
NEW YORK: Accenture (NYSE: ACN) has acquired Morphus, a privately held Brazil-based cyber defense, risk management and cyber threat intelligence services provider, expanding its practice capabilities in Brazil and Latin America. Financial terms were not disclosed. Founded in 2003, Morphus is headquartered in Fortaleza, which is in the Ceará region in northeastern Brazil, with offices…
DEWA and ENOC sign MoU to develop and operate a joint integrated pilot project for the use of hydrogen in mobility
DUBAI, UAE: In the presence of HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, HE Suhail Al Mazrouei, Minister of Energy and Infrastructure, and HE Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications, HE Saeed Mohammed Al Tayer, MD…
Rex Airlines signs LoI for two more Boeing 737-800NG jets
SYDNEY, AUSTRALIA: Rex Airlines has signed a Letter of Intent (LOI) to lease two Boeing 737-800NG jets. The two aircraft are expected to arrive in Australia in June and July 2023. The arrival of these jets will bring Rex’s fleet of Boeing 737-800NGs to nine. Rex Deputy Chairman, the Hon John Sharp AM, said, “Rex’s…
Ben Pieyre appointed interim CEO of Boom Logistics
SYDNEY, AUSTRALIA: Boom Logistics Limited (ASX: BOL) announces that after over four and a half years as Chief Executive Officer & Managing Director, Mr Tony Spassopoulos will step down. Boom’s Chief Operating Officer Ben Pieyre will assume the role of Interim CEO, effective 15 February 2023. To ensure a smooth transition, Mr Spassopoulos will remain…
Natwest to acquire workplace savings and Net Zero pension provider, Cushon
LONDON, UK: NatWest Group, the FTSE 100 banking and financial services group, has agreed to acquire a majority shareholding in Cushon (www.cushon.co.uk), a portfolio investment of Augmentum Fintech (LSE: AUGM), Europe’s leading publicly listed fintech fund. This transaction will represent Augmentum’s fifth successful portfolio investment exit, all of which have been at or above the…