BASEL, SWITZERLAND: Arxada, a global specialty chemicals business, and Troy Corporation, a global leader in microbial control solutions and performance additives, have entered into an agreement to combine the two companies. This agreement represents the first strategic deal by Arxada, formerly known as Lonza Specialty Ingredients or LSI and owned by private equity funds Bain…
Yahsat and G42 to collaborate on remote sensing and geospatial analytics
ABU DHABI, UAE: Al Yah Satellite Communications Company, the UAE’s flagship satellite solutions provider, announced that its dedicated government arm, Yahsat Government Solutions (YGS) and G42, the leading UAE-based artificial intelligence and cloud computing company, have signed a Memorandum of Understanding (MoU) to form a new collaboration focused on advancing remote sensing and geospatial capabilities…
Orient Insurance intention of acquiring
DUBAI, UAE: Orient Insurance’s Board of Directors (PJSC) announced that the company will submit an offer to acquire non-owned shares of Orient UNB Takaful (PJSC), sum of 16.09% of the company’s shares, after obtaining the necessary approvals to begin the acquisition process from the regulators. Omar Elamin, CEO of Orient Insurance Group, declared that the…
Pakistan seeks two LNG cargoes in November 2021
KARACHI: Pakistan LNG Limited (PLL) has issued tender for the import of two LNG cargoes to be delivered on November 19-20 and November 26-27, 2021. This emergency tender came after ENI and Gunvor refused the make the deliveries in November under long-term contracts. Pakistan has a five-year import deal with Gunvor and a 15-year agreement…
MotorCycle Holdings to acquire Forbes and Davies
AUCKLAND, NEW ZEALAND: MotorCycle Holdings Limited, Australia’s leading motorcycle dealership and accessories group, will expand its operations into New Zealand through the proposed acquisition of Forbes and Davies. Forbes and Davies is one of New Zealand’s leading importers and wholesalers of motorcycle tyres, ATV tyres, ride apparel, helmets and accessories. It wholesales motorcycle and powersport…
Fiducian acquires PCCU’s Financial Planning Business
Sydney, Australia: Fiducian Financial Services (FFS), financial planning subsidiary of Fiducian Group Limited (Fiducian) was selected by the People’s Choice Credit Union (PCCU) as the successful bidder to acquire PCCU’s financial planning business. The acquisition by Fiducian Financial is a continuation of its strategy to expand its quality financial planning network throughout South Australia and…
Samarkand Group acquires Napiers for £1.87 million
LONDON, UK: Samarkand Group plc, the cross-border eCommerce technology and consumer brand group, announced the acquisition of Napiers the Herbalists. Founded in 1860, by the renowned herbalist Duncan Napier in Edinburgh, Napiers is an iconic Scottish brand which still operates from its original apothecary store in Bristo Place and its website Napiers.net. For more than…
Angel Seafood achieves all-time sales as oyster demand grows
SYDNEY, AUSTRALIA: Angel Seafood Holdings achieved a record month of sales in October 2021, selling 1.4 million oysters and setting a new monthly revenue record of $1.2 million. Oyster sales were up 20% on September and 100% on August, and up 120% on October last year, with prices remaining strong. This result reflects the added…
Emirates Recognized for Excellence in Digital Customer Experience
DUBAI: Emirates’ marketing team has been recognized by Sitecore, one of the world’s leading digital experience platforms, for “Best Use of a Customer Data Platform (CDP)”. The award was presented to Emirates at the recent edition of GITEX, Dubai’s technology trade exhibition, for demonstrating excellence in the delivery of its digital customer experience (CX) utilising…
Oneweb partners with Redtone Telecommunications Pakistan
KARACHI: OneWeb, the global communications network powered from Space, has signed a Memorandum of Understanding (MoU) for Pakistan with REDtone Telecommunications Pakistan Pvt. Ltd (a PTA licensed telecommunications operator and digital services provider) as their in country focus partner. With this partnership, OneWeb and REDtone can work across emerging markets like Pakistan to offer first…
Elements of Running a Business That You Can Outsource
Running a business is no easy challenge. There’s a lot of responsibility that can fall on your hands. Running a Business Running a business involves a variety of steps and considerations to ensure success. Here’s a high-level overview of what you need to know: 1. Get in the Right Mindset: Success doesn’t happen overnight. It’s…
Ekinops acquires edge computing start-up, SixSq
PARIS, FRANCE: Ekinops, leading provider of telecommunications solutions dedicated to telecommunications operators and businesses, announced the acquisition of the start-up SixSq, a software publisher in SaaS mode (Software-as-a- Service) dedicated to Edge Computing. Based in Geneva, Switzerland, SixSq provides an ultra innovative solution that allows companies to take advantage of the added value of Edge…