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Rixos Hotels to operate all-inclusive resort on Egypt’s Red Sea Riviera

Rixos Hotels to operate all-inclusive resort on Egypt’s Red Sea Riviera

Accor’s Turkish luxury hotel chain Rixos Hotels has signed an agreement to manage an all-inclusive luxury resort on Egypt’s Red Sea Riviera as part of its Middle East expansion strategy. Partnering with the Eastern Company for Investment and Touristic Development, Rixos Hotels will takeover, renovate and relaunch an existing beachfront property as the Rixos Hurghada […]

Indorama to acquire Huntsman’s chemical intermediates and surfactants units

Indorama to acquire Huntsman’s chemical intermediates and surfactants units

US chemical manufacturing company Huntsman has agreed to divest its chemical intermediates businesses, which includes PO/MTBE, and its surfactants businesses to Thai petrochemicals producer Indorama Ventures for $2.076 billion. The deal is expected to help Huntsman to focus on its growing polyurethanes operations while enabling Indorama Ventures to increase its US footprint. As part of […]

Plumas District Hospital deploys Cerner electronic health record solution

Plumas District Hospital deploys Cerner electronic health record solution

Plumas District Hospital (PDH) in Quincy, California, will move to Cerner Millennium, an electronic health record solution (EHR solution), to provide better services to denizens of Plumas County and surrounding areas of northeastern California. Slated to go live by the end of 2019, the electronic health record system offers clinicians, doctors, and patients digital access […]

Madsen Red Lake Gold Mine : Pure Gold Mining set to begin construction

Madsen Red Lake Gold Mine : Pure Gold Mining set to begin construction

Pure Gold Mining is set to begin construction of the Madsen Red Lake Gold Mine located in the Red Lake Mining District in northwestern Ontario, Canada, as per the latest mining industry news. The construction decision on the Madsen Red Lake Gold Mine was taken after the Canadian mining company secured a US$90 million project […]

US midstream crude company Oryx Midstream raises $550m from QIA

US midstream crude company Oryx Midstream raises $550m from QIA

Oryx Midstream Services, a US midstream crude company in the Permian Basin, has secured an equity investment of around $550 million from an affiliate of Qatar Investment Authority (QIA), a Qatari state-owned investment firm. Qatar Investment Authority has acquired a significant stake in Oryx Midstream Services from an affiliate of Stonepeak Infrastructure Partners. The Qatari […]