If you are a business owner, then one of your main concerns will inevitably be increasing your business’s growth. Antiquated and outdated software can significantly stunt a business’s growth, so if you have any, it’s time to let it go. Another way that software can stunt growth is if you haven’t taken the time to…
NEMA Holding has acquired Liwa College of Technology
DUBAI: NEMA Holding, a portfolio company of Amanat Holdings, has acquired 100% of Liwa College of Technology (LCT). Abu Dhabi University Holding Company recently announced a name change and will now be known as ‘NEMA Holding’, reflecting its progress as it implements its strategy to support the growth of the national economy over the next 50…
Pakistan government to impose Rs80bn additional taxes on banking companies
KARACHI: The rate of tax applicable to the taxable income of banking companies is proposed to be enhanced to 45 per cent from 35 per cent for tax year 2023 and onwards. Also, the Finance Bill 2022 proposes to abolish super tax currently applicable on banking companies at the rate of 4 per cent from…
Euronav sells two eldest Suezmaxes for $12.4mn
ANTWERP, BELGIUM: Euronav NV has sold its two eldest Suezmax vessels: the Cap Pierre (2004 – 159,048 dwt) and the Cap Leon (2003 – 159,048 dwt). The combined capital gain realized on these sales amounts to USD 12.4 million. Both vessels are debt free. Our understanding is that at least one of the vessels will…
Foresight Group accelerates regional expansion with first close of two new funds
LONDON, UK: Foresight Group Holdings Limited, a leading infrastructure and private equity manager, announced further success in its regional private equity strategy following the recent launch of its first non-UK private equity fund, the AIB Foresight Impact fund. Foresight has reached first close totalling £58 million across two new UK regional funds. Foresight Regional Investment…
Ulla Sandborgh is appointed as CEO of Jokkmokk Iron Mines
LONDON, UK: Beowulf Mining (AIM: BEM) announced the appointment of Ulla Sandborgh as CEO of Jokkmokk Iron Mines AB, Beowulf’s wholly owned Swedish subsidiary which is developing the Kallak Iron Ore Project. Ulla Sandborgh has held senior positions in private enterprise and public institutions, in sectors including infrastructure, electricity and water. Her most recent role…
Pelatro Plc announces significant new contract win in non-telco sector
LONDON, UK: Pelatro Plc (AIM: PTRO), the Customer Engagement Hub software specialist, announced its first customer in the fintech space. Pelatro’s mViva has been selected by Orea Money and Banque Nationale d’investissement (BNI) in Africa to provide its Contextual Campaign Management in a SaaS model to analyse user behaviour, generate predictions using AI/ML based models…
Wentworth Resources to acquire 25% Working Interest in Tanzanian Gas Development Project
LONDON, UK: Wentworth Resources (AIM: WEN), the independent, Tanzania-focused natural gas production company, announces that it has reached agreement with Scirocco Energy plc to acquire its 25% non-operated working interest in the Ruvuma Production Sharing Agreement, in Tanzania. The 1.9 Tscf (mean GIIP) Ntorya gas discovery located within Ruvuma, Tanzania is operated by ARA Petroleum Tanzania…
Supreme Plc has acquired Liberty Flights Holdings Limited
LONDON, UK: Supreme Plc (AIM: SUP) announced the acquisition of Liberty Flights Holdings Limited, a leading UK vaping manufacturer best known for their Liberty Flights vaping brand and the market-leading Dot Pro device, for an initial consideration of £7.75 million plus deferred consideration of £2 million, in addition to a performance related earn-out. Supreme Plc…
Planning To Ship A Car Overseas? Here Are Some Helpful Tips
Are you in the process of planning to ship a car overseas? If so, you’re likely wondering what the best way to go about it is. There are a few things you need to take into account when making this decision, and luckily, we’re here to help. In this post, we’ll outline everything you need…
REC Silicon and Ferroglobe announce MOU for solar supply chain expansion
MOSES LAKE, WASHINGTON: Hanwha Group investment and potential passage of SEMA legislation provides spark to expand U.S. production of polysilicon and metallurgical grade silicon. REC Silicon and Ferroglobe today announce a Memorandum of Understanding committing the companies to negotiate a raw material supply agreement and establish a low-carbon and fully traceable U.S.-based solar supply chain….
Make Your Business Successful With These Useful Tips
Are you looking for ways to make your business successful? If so, you’re in luck! This blog post will discuss a few tips that should help you achieve your goals. Keep in mind that there is no one-size-fits-all solution when it comes to business success. However, following these tips should give you a good starting…