UAE-based global port operator Gulftainer announced its subsidiary GT USA has signed an agreement with the State of Delaware to take charge of the Port of Wilmington for 50 years. As part of the agreement, Gulftainer will receive access to one of the significant marine ports in the US, reported...
US based soft drink manufacturer, Coca-Cola has announced it is about to close its Milton Keynes and Northampton sites in the UK. The decision has jeopardised almost 300 jobs. 220 jobs from Milton Keynes and 54 jobs from a distribution centre in Northampton will be slashed. The closures will be...
Orange Polska and Orange Belgium announced their agreement with Salesforce, the global leader in CRM, and Vlocity, a leading industry cloud company. Salesforce and Vlocity will help Orange achieve business agility faster and reduce time to market by leveraging cloud-based solutions across Orange’s digital and assisted channels. Given today’s digital...
SSM Holding AB (publ), Sweden’s leading housing developer when it comes to smart and affordable housing, has signed a letter of intent (LOU) with Keyser Fastigheter AB for exclusive rights to acquire five industrial properties in Segeltorp, Rotebro, Spånga and parts of central Täby, corresponding to a total floor...
Appian (NASDAQ:APPN) and VASS announced an extension of the two companies’ strategic alliance. VASS consultants are now available to implement low-code business process management (BPM) solutions on the Appian platform across the UK and Latin America. VASS has accumulated extensive Appian implementation expertise as an Appian partner in Spain for...
LCM Partners (‘LCM’), a  European alternative credit investment manager, announces that it has entered into a strategic partnership with Brookfield Asset Management Inc. (TSX:BAM.A) (NYSE:BAM) (Euronext:BAMA) (‘Brookfield’), a leading  global alternative asset manager, aimed at jointly growing LCM’s leading asset management and credit servicing business globally. Under the terms of...
Kushner Cos., an American real estate firm in New York that was previously headed by the Senior Advisor to the US President, Jared Kushner is under investigation for forging at least 80 building permits involving 34 buildings in New York until early 2017. According to a New York politician and...
One of Malaysia’s leading asset management firms, Permodalan Nasional Berhad (PNB) has reached an estimation of RM279bn funds. According to PNB Group Chairman, Tan Sri Abdul Wahid Omar, of the estimated figure, 98% had been invested to create better employment opportunities for Malaysian residents. Wahid, said in a statement, “This includes...
Sri Lanka’s premium tea brand, Dilmah is planning to expand its operations into the GCC region, according to a company official. Dilmah recently launched t-Lounge in Dubai Ibn Battuta Mall, and plans to open the second t-Lounge in Abu Dhabi this year. The company hopes to set-up t-Lounges in other...
Jaguar, the luxury car manufacturer of Jaguar Land Rover is ready to launch its first electric vehicle, the I-Pace SUV. It is the first all-electric SUV since Tesla revealed its Model X in 2015 and will be showcased at the Geneva motor show later this month. The UK based company which...