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SINGAPORE-Monday 23 August 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- I Squared Capital, through its ISQ Global Infrastructure Fund III and ISQ Growth Markets Infrastructure Fund, has invested approximately US$200 million as a first tranche of a US$300 million equity raise in AG&P City Gas. AG&P City Gas is a Singapore-based company that is developing twelve city gas distribution networks, or concessions, in India under the brand name AG&P Pratham, across 280,000 square kilometers, an area approximately the size of Italy. AG&P City Gas was previously owned wholly by the Atlantic, Gulf & Pacific Group (AG&P), a Singapore-based downstream LNG business.

In its twelve concessions, AG&P City Gas is responsible for developing and operating Compressed Natural Gas (CNG) stations for vehicles, piped natural gas to homes, and the distribution of Liquid Natural Gas (LNG) to industrial and commercial customers. City gas projects benefit from marketing exc ... Read more »

Views: 13 | Added by: africa-live | Date: 08.24.2021 | Comments (0)

WILMINGTON, Mass. & SAN JOSE, Calif.-Monday 23 August 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- Analog Devices, Inc. (NASDAQ: ADI) and Maxim Integrated Products, Inc. (NASDAQ: MXIM) today announced that China’s State Administration for Market Regulation has given antitrust clearance for Analog Devices’ previously announced acquisition of Maxim.

The transaction has now received all required regulatory clearances. Analog Devices and Maxim anticipate that the transaction will close on or about August 26, 2021, subject to the satisfaction of the remaining customary closing conditions.

About Analog Devices

Analog Devices (Nasdaq: ADI) is a leading global semiconductor company dedicated to solving the toughest engineering challenges. We enable our customers to interpret the world around us by intelligently bridging the physical and digital with unmatched technologies that sense, measure, power, connect and interpret. Visit http://www.analog.com ... Read more »

Views: 19 | Added by: africa-live | Date: 08.24.2021 | Comments (0)

 NEUCHATEL, Switzerland-Monday 23 August 2021 [ AETOS Wire ]

 

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Views: 39 | Added by: africa-live | Date: 08.24.2021 | Comments (0)

Technology expected to support continuing growth of construction sector in the country


Dubai, United Arab Emirates-Monday 23 August 2021 [ AETOS Wire ]

There is a growing demand for building 3D housing units across the globe, encouraged by the benefits afforded by the technology.

Last year, the global 3D printing in construction market was valued at $7 billion, with a projected compound annual growth rate (CAGR) of 91.5 per cent through to 2028, according to latest research.

The growing adoption of 3D technology in designing and building a wide range of construction projects is attributed mainly to the accuracy and quality it delivers, along with the cost efficiencies it provides. In addition, 3D printing could help contribute to solving housing shortages, provide relief to those affected by calamities and disasters and even address the construction labour deficiency in some developing countries.

Kalpesh Kinariwala, Chairman, Pantheon D ... Read more »

Views: 50 | Added by: africa-live | Date: 08.24.2021

DUBAI, UNITED ARAB EMIRATES.-Monday 23 August 2021 [ AETOS Wire ]

Noor Takaful, an award-winning Takaful company, has joined hands with The health bank (THB) for the launch of an exciting new insurance product.

Debuting Noor Premier, a new premium insurance solution, the partnership brings the latest healthcare insurance plan to Noor Takaful’s customers.

The new offer will provide, digital prescriptions, 24/7 access to a Tele-Doctor, wellness and lifestyle coaching, medical travel and scheduling assistance, phone or face-to-face counseling support, second medical opinions from world-renowned facilities, consolidated digital health records for easy worldwide access, life Management Services including financial and legal advice, dedicated Health Managers to guide Noor Premier’s members, Access to a global network of 50,000 leading healthcare providers.

Rajesh Sethi, CEO of Noor Takaful comments, "This new policy reflects our commitment ... Read more »

Views: 33 | Added by: africa-live | Date: 08.24.2021 | Comments (0)