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14 Sep 2016

SES Launches Global Maritime+ Solution to Deliver High-Speed Connectivity to Vessels Traversing Oceans

SES S.A. (Euronext Paris:SESG) (LuxX:SESG) today announced the launch of its global SES Maritime+ service that will deliver high-speed connectivity to vessels traversing oceans.

SES Maritime+ will enable maritime"...

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14 Sep 2016

Acelity Announces Pricing of $1,750 Million of 9.625% Second Lien Senior Secured Notes

Acelity L.P. Inc. (“Acelity”), a global advanced wound care and regenerative medicine company, announced today the pricing of the private offering by its wholly-owned subsidiaries, Kinetic Concepts, Inc. (“KCI”) and KCI USA, Inc. (together with KCI, the “Issuers”),"...

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14 Sep 2016

OT Posts Strong Revenue Growth in First Half 2016

OT (Oberthur Technologies), a leading global provider of embedded security software products and services, today announces it has posted strong business and financial performance across the board for the first half 2016:


14 Sep 2016

CTS Engines Announces Major Facility Expansion

CTS Engines, the global independent leader for mature jet engine maintenance, announced today that it had signed an LOI to acquire property contiguous to its existing engine service center, allowing CTS to increase its engine overhaul throughput by over 40%. The new building, located just"...

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14 Sep 2016

British-Egyptian economist named as new head of LSE

A British-Egyptian economist has been appointed the first woman to head London School of Economics – one of the world’s leading universities.

Dame Minouche Shafik, also known as Nemat Shafik, will leave her current job as deputy governor of the"......

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14 Sep 2016

Why BEIS should put the circular economy at the heart of its new industrial strategy

More than £9bn could be added to the UK economy if the Government's newly-formed Department for Business, Energy and Industrial Strategy (BEIS) effectively integrates circular economy principles into the country's emerging industrial strategy, waste management firm Suez has claimed.

...

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14 Sep 2016

Egyptian firm looks for buyers for 85pc stake in Rift Valley Railways

Barely two years after Kenyan equity firm TransCentury exited the Kenya-Uganda railway concessionaire Rift Valley Railways, the firm is again on the verge of a major change in shareholding, with reports indicating that Egyptian majority shareholder Qalaa Holdings is looking for buyers.

"...

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14 Sep 2016

Missed third deadline: Electrogas says power plant components ‘completed or on schedule’

The LNG tanker that will be permanently berthed at Marsaxlokk finally left Singapore yesterday but replies sent in by the power station developers confirm that the project will miss its third deadline.

...

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14 Sep 2016

Eni sets production record at Nooros offshore Egypt

Eni’s Nooros field in the Nile Delta offshore Egypt has hit what it calls a record-setting production rate of 128,000 boe/d (67,000 net to Eni) just 13 months after discovery.

The"......

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14 Sep 2016

Egypt Ratifies VAT Law

With President Abdel Fattah el-Sisi's approval, Egypt has completed its ratification procedures to bring about the introduction of value-added tax from the 2016/17 fiscal year.

VAT will be introduced at a headline rate of 13 percent. The rate will rise to 14 percent from 2017/18.

In May, Egypt's Finance Minister disclosed that 52 goods and services...

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