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Sammut Group Begins Construction of $200 Million COAST Tower After Spending at Surfers Paradise

The $200 million COAST skyscraper, Sammut Groups first Gold Coast project, has broken work. After selling $110 million in the first three weeks, the d

The $200 million COAST skyscraper, Sammut Groups first Gold Coast project, has broken work. After selling $110 million in the first three weeks, the developer believes only a handful of the 53 units are still available for purchase. A 1,130sqm penthouse with its own private rooftop pool and facilities will be included in the multimillion dollar building. Multiplexs recent portfolio in southeast Queensland includes The Stars Destination Gold Coast precincts second tower and the Jewel towers on the Gold Coast. Read More..

B2B Tech News | 2 years ago        

Ireland and Luxembourg lead European growth in alternative investment funds, Ocorion

According to Ocorian research, Luxembourg and Ireland are the preferred locations for alternative investment funds AIFs looking to distribute across E

According to Ocorian research, Luxembourg and Ireland are the preferred locations for alternative investment funds AIFs looking to distribute across Europe. PwC forecasts a 14.2 percent annual compound growth increase in Luxembourg assets under management until 2025. According to the Luxembourg Fund Industry Association, the countrys funds are worth approximately €5.3 trillion. Read More..

B2B Tech News | 2 years ago        

EU grant of 100 million euros to support reforms in Tunisia

Tunisia has received the first immediate disbursement of 40 million euros under this initiative, which was signed by the EU Ambassador to Tunisia, Mar

Tunisia has received the first immediate disbursement of 40 million euros under this initiative, which was signed by the EU Ambassador to Tunisia, Marcus Cornaro, and the Minister of Economy and Planning, Samir Said. This gift, according to the statement, is part of Tunisias agreement with the International Monetary Fund IMF for a future programme. Tunisia has been mired in economic troubles since the 2011 revolution, exacerbated by the Covid19 outbreak, with growth at a halt and extremely high unemployment. Read More..

B2B Tech News | 2 years ago        

BeatO raises $33 million from Lightrock India, HealthQuad, Flipkart and others

Diabetic patients digital solution supplier. BeatO announced a Series B investment round of USD 33 million about Rs 269 crore led by Lightrock India,

Diabetic patients digital solution supplier. BeatO announced a Series B investment round of USD 33 million about Rs 269 crore led by Lightrock India, with participation from HealthQuad, Flipkart, and current investors. The new funds will be used to extend BeatOs diabetes care programmes across India, develop the leadership team, and invest further in the companys product and technology. Read More..

B2B Tech News | 2 years ago        

Vidullanka grows in South America with EPC contract in Guyana

The Republic of Guyana has awarded an engineering, procurement, and construction EPC contract to Vidullanka PLC, a pioneer in the renewable energy sec

The Republic of Guyana has awarded an engineering, procurement, and construction EPC contract to Vidullanka PLC, a pioneer in the renewable energy sector in Sri Lanka, to develop two micro hydropower plants with a combined capacity of 2.2 MW. Being the first listed renewable energy firm in Sri Lanka to enter into an international EPC contract, Vidullanka PLC stands apart. With its own engineering division, the company has so far built 10 micro hydropower plants in Sri Lanka and two in Uganda. Read More..

B2B Tech News | 2 years ago        

Benin is testing the power of a rural minigrid with a 1.7 MW solar project

The two are West Africas ARESS and GDS International, a unit of the French energy company Générale du Solaire. Together, they will embark on a minig

The two are West Africas ARESS and GDS International, a unit of the French energy company Générale du Solaire. Together, they will embark on a minigrid project that will provide 12 rural communities with electricity. This project should be finished in a year and will include 3 MWh of battery capacity that would power more than 5,000 houses and businesses. The concept is that Benin, which is a part of a region that historically has failed to capitalise on its enormous renewable resources due to insufficient investment, should serve as a pilot for regulated offgrid electrification. Read More..

B2B Tech News | 2 years ago        

Two Sigma, Holocene added Tesla stock before the fourth quarter fall

According to records made public on Monday, the three hedge funds Group One Trading LP, Two Sigma Investments LP, and Holocene Advisors LP were among

According to records made public on Monday, the three hedge funds Group One Trading LP, Two Sigma Investments LP, and Holocene Advisors LP were among the biggest buyers of Tesla Inc. TSLA.O stock during the third quarter. As of September 30, Group One Trading had a market value of roughly $276 million after adding a fresh holding of slightly more than 1 million shares. Since the end of the quarter, Teslas stock has significantly declined, falling 16% as opposed to the benchmark S&P 500 indexs 11.4% gain. Read More..

B2B Tech News | 2 years ago        

Logistics tech startup Ofload raises $ 60 million in Series B funding

Sydneybased A $60 million Series B fundraising round led by one of Singapores top independent venture capital firms has been completed for Ofload. The

Sydneybased A $60 million Series B fundraising round led by one of Singapores top independent venture capital firms has been completed for Ofload. The digital freight forwarder earned $20 million in Series A funding less than a year ago. The capital raise, which brought the total amount raised to $80 million, was spearheaded by Jungle Ventures. For the 58,000 transport providers in Australia, Ofload wants to be their one stop shop. The companys clientele include companies including Metcash, Asahi, and Kimberly Clark Australia. Ofload is in the ideal position, according to Maersk Growth partner Jeppe Hier, to be driving the digital transformation of freight and logistics in Australia. Read More..

B2B Tech News | 2 years ago        



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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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