ABU DHABI, UAE: Sharjah Group Company has changed name to Aram Group public joint stock company, in accordance with the resolution of the General Assembly Meeting held on 7/10/2021 which included changes in its Article of Association. Aram Group, also expanded its ambit of activities to investment activities in agricultural projects, investment in industrial projects,…
Al Mal Capital acquires two school of Al Shola Private Schools
Al Mal Capital is the first REIT listed on Dubai Financial Market (DFM), and managed by Al Mal Capital PSC, a subsidiary of Dubai Investments PJSC. Accordingly, the school campuses have been leased back to the operator for a long-term period on a triple net basis for management and operation. The two acquired schools, part…
Investment grade ratings of Finance House reaffirmed, stable outlook
ABU DHABI, UAE: Finance House PJSC (FH)’s Short-Term Foreign Currency Rating (ST FCR) at “A3” and Long-Term Foreign Currency Rating (LT FCR) at “BBB-” were both reaffirmed with a stable outlook by Capital Intelligence (CI), the international credit rating agency. Mohammed Abdulla Alqubaisi, Founder of Finance House, commented: “We are very proud of the reaffirmation…
Yahsat to be added to the FTSE UAE Small Cap Index
ABU DHABI, UAE: Al Yah Satellite Communications Company (Yahsat), UAE’s flagship satellite solutions provider is to be added to the FTSE UAE Small Cap Index, a news release said. Yahsat is listed on the Abu Dhabi Securities Exchange (ADX). By virtue of being a constituent of the FTSE UAE Small Cap Index, Yahsat will also…
6 Tips That Every New Business Owner Needs To Hear
One of the greatest challenges faced by new business owners is knowing where to start when it comes to taking steps toward success. While there is plenty of general advice available in magazines and online, most success stories offer a more practical and personal look at the real day-to-day issues that face an entrepreneur who…
Power Metal to acquire Uranium & Rare-Earth Element Project in Australia
LONDON, UK: Power Metal Resources plc (LON:POW) has signed an agreement for the 100% acquisition of the Selta Project, located in the Northern Territory, Australia. The acquisition will be undertaken by Power Metal subsidiary, First Development Resources Limited (FDR), in an all FDR share transaction to acquire a 100% interest in URE Metals Pty Limited (“URE”), a…
CJ Olive Young announces $1.0 billion IPO
HONG KONG : CJ Olive Young, South Korea’s largest beauty store chain, has announced US$1 billion initial public offering (IPO) in Korea. Olive Young was spun off from CJ Olive Networks Co., an online and digital marketing services company, in 2019. CJ Olive Young has about 1,200 stores across South Korea, and delivers its products…
Telenor and CP Group explore merger between dtac and True Corporation
OSLO, NORWAY: Telenor Group and Charoen Pokphand Group (CP Group) are in discussions to explore a potential merger between the telecom operations of Total Access Communication PCL (dtac) and True Corporation in Thailand. There are open issues outstanding and there is no certainty that the discussions will result in a final agreement, a statement says….
Adthink and Geniee build a partnership for ad revenue growth
PARIS, FRANCE: Adthink, the French digital marketing specialist, and Geniee, the largest digital advertising supply side platform in Japan, announced a strategic partnership to raise publisher’s revenue. Being the No. 1 SSP (Supply Side Platform) in Japan as well as a proud GCPP (Google Certified Publishing Partner), Geniee has been working closely with over 6,000…
Social Chain plans capital increase to fund DS Holding acquisition
BERLIN, GERMANY: For the first time after the successful listing in the Prime Standard of the Frankfurt Stock Exchange, Social Chain AG is preparing a cash capital increase, a bourse filing said. Due to the positive response from investors in recent weeks, the transaction could be implemented in the short term, subject to market conditions….
Fortnite Player Rezon Signed
LONDON, UK: Guild Esports (LON: GILD), a global teams organisation and lifestyle brand, announced the signing of Lennard Sill (Rezon) as the newest member of its Fortnite team. Rezon, from Germany, is a 17-time tournament winner with earnings of over $300,000. He has consistently ranked within the top 10 in Fortnite Champion Series (“FNCS”) tournaments…
Agronomics leads Ohayo Valley pre-seed funding
LONDON, UK: Agronomics, the leading listed company focused on cellular agriculture, has completed a subscription of $1.5 million in the form of a Simple Agreement for Future Equity (SAFE), in Ohayo Valley Inc. The Subscription will be paid using cash from the Company’s own resources. Ohayo Valley is a cultivated meat company, initially focused on…