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AD Ports group’s digital arm buys TTEK for $26.7 million

ABU DHABI / WAM Maqta Gateway, AD Ports Group’s digital arm, on Monday announced the acquisition of TTEK Inc, a developer of border control solutions and customs systems, to reinforce its market position as a leading digital trade and holistic Single Window solution provider. The total purchase consideration for the acquisition (enterprise value) of 100% ownership amounts to $26.7 million ...

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Citigroup’s clients in Japan bet on US dollar, Aussie as Ueda cools BOJ bets

BLOOMBERG  Japanese investors are snapping up foreign currencies, local stocks and US Treasuries after the country’s new central bank chief damped speculation he will start normalising policy. Among their investments, Citigroup clients are buying US and Australian dollars to profit from their interest-rate premiums over the yen, said Keita Matsumoto, head of financial institutions sales and solutions at Citigroup Global ...

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