Canadian-listed company SNC-Lavalin Group Inc, on Wednesday, said that the company rebranded its name to AtkinsRéalis, by which it aims to bring together an umbrella of brands to represent its accomplishment. The company will now have brands including SNC-Lavalin, Atkins, Faithful+Gould, DTS, and Atkins Acuity and its shares will start trading on Toronto Stock Exchange […]
Tech-based carbon streaming firm Devvstream Holdings Inc said it will list on Nasdaq Stock Exchange after entering into a definitive business combination with a private investment company Focus Impact Acquisition Corp on Wednesday. This merger will take DevvStream into a fully owned subsidiary of Focus Impact and moved its domicile as an alberta company, which […]
Dubai’s secondary property market is said to display signs of a slowdown, recording a drop of 10.2% in August 2023, compared to a year ago after experiencing explosive growth on the back of high investor demand, based on a report of Zawya news agency. Despite the persistently high levels of inflation in the global economy […]
Global real estate investment management firm, Neo Capital appointed Babak Sultani as its chief executive officer on Tuesday, effective immediately. Sultani previously worked with Investcorp for 15 years and served as managing director of the Real Estate Group at the private equity company. During his tenure, he played a crucial role in growing Investcorp’s real […]
Global tech firm Apple, on Tuesday, launched iPhone 15 along with its relative series of iPhone 15, all of which was manufactured for the first time in India. The company also introduced new Apple Watch series and AirPods Pro with USB-C functionality, at the event at Apple’s Cupertino, California. The company said in over 40 […]
Modular battery solutions manufacturer American Battery Solutions (ABS) said it will spin out its Energy Storage Solutions (ESS) division on Monday, with a purpose to create a new, independent company called American Energy Storage Innovations Inc (AESI). This initiative reflects the evolution of ABS business and underscores the commitment of ABS to driving innovation within […]
Emirati state-owned Mubadala Investment Co said it has partnered with an alternative asset managing firm Blue Owl Capital on Monday. This partnership is under the terms of a $1 billion commitment made to Blue Owl’s credit platforms. This will initially focus on Blue Owl’s technology lending strategy, which provides financing solutions for a broad range […]
Dubai-based Sukoon Insurance said it acquired UAE life insurance portfolio of Chubb Tempest Reinsurance on Tuesday, based on Zawya News report. The report mentioned the acquisition includes unit-linked life insurance and production policies as part of Sukoon’s strategy to boost its position in the market. Chubb Tempest Reinsurance focuses on specialized solutions for multifaceted risks. […]
Her Excellency, Laila Rahhal El Atfani, is an inspiration to women and youth around the world. In a candid conversation with us, she takes us through her busy week schedules, shares her growth phases, talks about the inspiring leaders, who motivated her during tough times to scale new heights of excellence and success in her […]
New Pacific Metals Corp said on Monday, Dr Rui Feng, founder and chief executive officer of the company has stepped down from his role. The company appointed Andrew Williams to succeed as CEO, effective immediately. Williams previously served as president of New Pacific Metals. Prior to which, Williams spent over a decade with an SEC-registered […]
HKT’s digital commerce platform The Club said it will partner with Richard Li backed Asian financial firm MoneyHero in order to provide financial knowledge and information to The Club members. The Club said this initiative will enable its members in selection of appropriate financial products alongside earning Clubpoints. Through The Club’s platform, the company said […]
London based software developing firm Testhouse said it will form a partnership with AI-driven visual test automation provider Leapwork with an objective to revolutionize D365 testing services. This collaboration of the two companies will establish a new standard in enhancing the quality of software for Microsoft Dynamics 365 (D365) implementations and upgrades. A week ago, […]
Real estate investment trust Mid-America Apartment Communities Inc (MAA) said on Wednesday that Albert Campbell, chief financial of the company will retire effective March 31, 2024. The company said Campbell initially joined in 1998 and he was named CFO of MAA at the beginning of 2010. He previously served in various finance and accounting roles […]
Century Casinos Inc said it completed the sale of its four real estate assets to subsidiaries of Caesars Palace Las Vegas owner, VICI Properties Inc for CAD 221.7 million (USD $162.4 million) in cash, on late Wednesday. The company said with closing of the deal, Century Canadian Portfolio was added to the existing triple-net master […]
Real estate bridge lender Calmwater Capital said it will buy Florida-based Banyan Cay Resort & Golf Club on Wednesday. With completion of the deal, U.S. Real Estate Credit III, affiliate of Calmwater Capital has introduced financial and professional resources to reopen the golf course and club and complete the hotel, spa and fitness complex said […]
