Mediterranean Region, Turkey

Completes the sale of Port Akdeniz, creating a pure-play cruise operator

Retrieved on: 
Tuesday, January 26, 2021

Completes the sale of Port Akdeniz, creating a pure-play cruise operator

Key Points: 
  • Completes the sale of Port Akdeniz, creating a pure-play cruise operator
    Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
  • Completes the sale of Port Akdeniz, creating a pure-play cruise operator
    Global Ports Holding Plc ("GPH" or "Group"), the world's largest independent cruise port operator, is pleased to announce that further to the announcement of 21 October 2020, all conditions precedent to the sale of Ortadou Antalya Liman Iletmeleri ("Port Akdeniz") to QTerminals W.L.L.
  • The GPH Board and senior management will now focus time and resources on the restart of cruise port operations during 2021 and continued expansion in the global cruise port market.
  • The sale of Port Akdeniz effectively completes a key strategic ambition of the Group, creating a pure play cruise port operator.

Antioch University Lowers Tuition for Its Online Graduate Management Programs

Retrieved on: 
Wednesday, November 18, 2020

YELLOW SPRINGS, Ohio, Nov. 18, 2020 /PRNewswire/ -- Antioch University announced a close to 20% reduction in tuition costs for its online Graduate Management Programs.

Key Points: 
  • YELLOW SPRINGS, Ohio, Nov. 18, 2020 /PRNewswire/ -- Antioch University announced a close to 20% reduction in tuition costs for its online Graduate Management Programs.
  • "Access to affordable higher education is a social and racial justice imperative," said Dr. Terry Ratcliff, Antioch University Provost for Distance and Extended Education.
  • "These are the sort of times in which Antioch has excelled because it knows how to rise to the occasion of such chaotic periods," said Dr. Mary Ann Short, Director of Online Graduate Management Programs.
  • Antioch University Onlineis the nationwide and online division of Antioch University.

Signs sale and purchase agreement to sell Port Akdeniz

Retrieved on: 
Wednesday, October 21, 2020

Global Ports Holding Plc ("GPH" or "Group"), the world's largest independent cruise port operator, is pleased to announce that following a period of exclusive negotiations it has entered into a conditional sale and purchase agreement to sell Ortadou Antalya Liman Iletmeleri ("Port Akdeniz") to QTerminals W.L.L.

Key Points: 
  • Global Ports Holding Plc ("GPH" or "Group"), the world's largest independent cruise port operator, is pleased to announce that following a period of exclusive negotiations it has entered into a conditional sale and purchase agreement to sell Ortadou Antalya Liman Iletmeleri ("Port Akdeniz") to QTerminals W.L.L.
  • Port Akdeniz, the Group's largest commercial port concession, operates Port Akdeniz-Antalya in Turkey, under a concession agreement which runs until August 2028.
  • This conditional agreement follows the Strategic Review announced by the board on the 5 July 2019 and GPH's announcement on the 11 March 2020 that it had entered into exclusive negotiations over the sale of Port Akdeniz.
  • However, as GPH continues to pursue growth in the exciting cruise port market, it is now time for the stewardship of Port Akdeniz to pass to an organisation that is primarily focused on the Commercial port market.

City of Antioch Seeks to Develop Economic Stimulus Package to Support Local Business Community

Retrieved on: 
Wednesday, May 20, 2020

ANTIOCH, Calif., May 20, 2020 /PRNewswire/ -- The City of Antioch will be seeking to establish a COVID-19 Economic Support Package specifically targeting small businesses within the City.

Key Points: 
  • ANTIOCH, Calif., May 20, 2020 /PRNewswire/ -- The City of Antioch will be seeking to establish a COVID-19 Economic Support Package specifically targeting small businesses within the City.
  • As the City begins moving forward towards re-opening, it recognizes the financial hardship that COVID-19 has created for Antioch's business community.
  • "The City must do everything we can to help our small businesses recover as fast as possible," said Sean Wright, Mayor, City of Antioch.
  • As part of the City's financial recovery strategy, City staff is exploring the following options:
    The incentives and funding sources that could be included for the COVID-19 Economic Support Package will be discussed at a future City Council meeting.

Antalya Homes: ‘We Have Sold 12 Properties Through Virtual Tours Despite Pandemic’

Retrieved on: 
Tuesday, May 12, 2020

The real-estate industry has responded to the crisis by conducting sales and rentals through virtual tours.

Key Points: 
  • The real-estate industry has responded to the crisis by conducting sales and rentals through virtual tours.
  • View the full release here: https://www.businesswire.com/news/home/20200512005034/en/
    Antalya Homes has successfully sold 12 properties through remote property selling methodology TeleProperty.
  • Customers can also take online viewing tours to examine properties in detail, Antalya Homes Chairman Bayram Teke explained.
  • Through TeleProperty, we have sold 12 homes (in Istanbul, Antalya, and Alanya) to German, Swedish, and British citizens within the last month alone.