KARACHI, PAKISTAN: Pakistan’s banking regulator has issued an advisory against Illegal offshore forex trading websites, mobile applications and platforms. “Buying products and services being offered by platforms including OctaFX, Easy Forex, etc. by any person resident in Pakistan is prohibited and against the laws of the land. State Bank of Pakistan (SBP) has noticed that…
Aker Horizons to collaborate with UiT Narvik
OSLO, NORWAY: Aker Horizons ASA (OSE: “AKH”), through its wholly owned subsidiary Aker Narvik AS, will collaborate with UiT The Arctic University of Norway’s (UiT) Faculty of Engineering Science and Technology (“IVT faculty”) in Narvik to develop the skills and competencies required for the green industrial jobs of the future. The collaboration is part of…
Sopheon Plc acquires UK based cloud-based business, Solverboard
LONDON, UK: Sopheon Plc, the leading international provider of software and services for Enterprise Innovation Management solutions, announced the acquisition of the business and assets of Solverlink Limited (trading as Solverboard), a UK based cloud-based business specializing in the front-end of innovation management. Solverboard’s multi-tenant, SaaS product is used by both individual innovators and product…
Riverstone Energy leads Infinitum Electric $80mn Series D Round
LONDON, UK: Riverstone Energy Limited (REL) led investment in Infinitum Electric, creator of the breakthrough air-core motor. Infinitum Electric will use the investment to vertically integrate and automate production of its motors for the commercial and industrial market segments, and complete development and commercialisation of a traction motor for the rapidly growing electric vehicle market….
6 Things You Need To Know About Maintaining A Large Pool
If you are the owner of a large pool, you know that it can be a lot of work to keep it clean and running properly. It is important to maintain your pool on a regular basis if you want to ensure that it is safe for swimming and looks great all year long. In…
Airbus consortium achieves milestone for critical cross-border communications
ELANCOURT: An Airbus-led consortium has reached a milestone by demonstrating the operability of its solution in Phase 3 of the BroadWay project to increase the interoperability of critical cross-border communications. The BroadWay project intends to concretely show how it is possible for firefighters, policemen or emergency medical units to move from their country to another…
Thales Group acquires European cybersecurity companies, S21sec and Excellium
PARIS, FRANCE: Thales Group (Euronext Paris: HO) announced the signature of a definitive agreement with Sonae Investment Management to acquire two of European leading cybersecurity companies, S21sec and Excellium, gathered under the holding company Maxive Cybersecurity. This acquisition will complement Thales’ cybersecurity portfolio, strengthening its incident detection and response services (Security Operations Centre – SOC)…
Air Liquide, Toyota and CaetanoBus join forces to accelerate hydrogen mobility in Europe
PARIS, FRANCE: Air Liquide, CaetanoBus and Toyota Motor Europe have signed a Memorandum of Understanding to developing integrated hydrogen solutions, including infrastructure development and vehicle fleets, to accelerate the expansion of hydrogen mobility for both light and heavy-duty vehicles, a news release noted.The partnership reflects the shared ambition of the three partners to contribute to…
Sparkle and Atos sign partnership to answer growing demand for Cloud services and solutions
PARIS, FRANCE: Sparkle, the first international service provider in Italy and among the top global operators, and Atos, a global leader in digital transformation, signed a three-year agreement to address the growing demand from clients in European and other adjacent countries for cloud services and solutions. The partnership aims to develop business opportunities endorsing the global…
Osirium Technologies announces first contract win in the United States
LONDON: Osirium Technologies plc (AIM: OSI), a leading vendor of cloud-based cybersecurity and IT automation software, has signed its first customer in the United States of America (USA) via one of its channel partners. The new customer, a global investment bank headquartered in New York and listed on the New York Stock Exchange, has selected…
Afreximbank and African Petroleum Producers to create a multi-billion-dollar African Energy Bank
JOHANNESBURG: The African Export-Import Bank (Afreximbank), has signed a Memorandum of Understanding (MoU) with the African Petroleum Producers Organization (APPO) for the creation of a multi-billion-dollar energy bank. Aimed at scaling up private sector investment in African oil and gas projects, the bank will provide critical financing for new and existing oil and gas projects,…
Europe’s Wizz Air intends to form a new airline in Malta
GENEVA: Based on the ‘Arrangement on Reallocation of Responsibility’ document signed Tuesday between the European Union Aviation Safety Agency (EASA) and the Malta Civil Aviation Directorate (CAD), Wizz Air intends to file an application for its Maltese subsidiary to be granted an Air Operator’s Certificate (AOC) with EASA and an Operating Licence (OL) with CAD….