New Ambassador Club members, Aer Lingus, proudly announced further expansion to their wide-body fleet with two additional Airbus A330 aircraft for 2018. This will allow them to increase their new Philadelphia route from four flights a week beginning in March 2018 to daily by May.

AIB invests €30m in Clune payments firm TransferMate

AIB has invested €30m in TransferMate in exchange for a small minority equity stake in the Kilkenny-based fintech company, the Sunday Independent has learned. The investment values the rapidly-growing international payments company at €250m to €300m, according to a source.

TransferMate – part of businessman Terry Clune’s Taxback Group – enables companies to transfer money internationally more quickly and for substantially lower fees than standard bank transfers. The two have also agreed a strategic partnership focused on providing Irish businesses access to the global payments technology platform. TransferMate has already transferred over €10bn to more than 100 countries since 2010 and secured a worldwide network of valuable regulatory licenses.

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Almac Group Receives Annual Industrial Award from the Institute of Chemistry of Ireland

Professor Tom Moody accepts accolade on behalf of Biocatalysis Team

Craigavon, N.I., 05 December 2017Almac Group, the global contract development and manufacturing organisation is delighted to announce Professor Tom Moody, VP Technology Development & Commercialisation at Almac & Arran Chemical Company, has received the prestigious Institute of Chemistry of Ireland Industrial Chemistry Award 2017.

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IABCN Ambassador Club Member & Former Taoiseach Award Honoree, John Mullen of Apple Vacations, buys Carton House resort
The Irish Times 

The Nama-backed sale of Carton House hotel and golf resort near Maynoothin Co Kildare was completed on Thursday with a closing price believed to be about €57 million.

The resort hotel was sold by the Mallaghan and Kelly families to Irish American businessman John Mullen.

Mr Mullen’s parents are from Co Mayo and this will be a personal investment and his first in Ireland. The 668-acre estate was put on the market in July with the consent of Nama. The 165-bedroom estate also includes two golf courses and extensive sports and spa facilities.

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