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…
Tivan Limited to acquire Speewah Vanadium-Titanium-Iron Project in Western Australia
SYDNEY, AUSTRALIA: The Board of Tivan Limited (ASX: TVN) has signed a binding term sheet with King River Resources Limited (ASX: KRR) to acquire 100% of the issued capital of Speewah Mining Pty Ltd (SMPL), the owner of the Speewah Vanadium-Titanium-Iron Project located 100km south of the port town of Wyndham in the Kimberley region…
The Best Video Games to Play in ‘Goblin Mode’
Goblin Mode is a relatively newer term for many readers. It depicts “a type of behaviour which is unapologetically self-indulgent, lazy, slovenly, or greedy, typically in a way that rejects social norms or expectations.” If you need goblin mode entertainment, games are the perfect source. You don’t even need to get out of your bed,…
Gore Street to acquire Big Rock, energy storage project in Imperial County, California
LONDON, UK: Gore Street Energy Storage Fund has agreed to acquire Big Rock, a 200 MW / 400 MWh energy storage project located in Imperial County, California, United States from Avantus (formerly 8minute). Following this acquisition, GSF’s internationally diverse portfolio will consist of 27 projects with a total capacity of 1,173.2 MW of operational and…
RentGuarantor signs sales and promotion partnership with X1 Lettings
LONDON, UK: RentGuarantor (AQSE: RGG), a provider of rent guarantee services to prospective tenants across the socio-economic spectrum, has entered into a three year agreement with X1 Property management Limited (X1 Lettings), a residential and student letting company. X1 Lettings will be promoting RentGuarantor with bespoke marketing materials to all residential tenants including students with…