In what would be the first London listing from the region in 2012, the group hopes to raise capital to buy a medical centre in Dubai and develop a maternity hospital in Abu Dhabi.
MHP Communications, the Engine Group-owned PR agency, has announced a 6.2 per cent rise in revenue in 2011. The agency saw revenues of £17.7m in the 2011 calendar year, compared with £16.7m in 2010. It was created in September 2010 by the merger of Mandate and financial agencies Hogarth and Penrose. Chief executive Sacha Deshmukh commented: 'Our strong growth in 2011 shows the impact that the MHP brand and business is having in the PR market.'
Equity Insurance Group, one of the UK's largest motor insurers, has appointed FWD PR as its retained agency. The agency will provide media relations and PR support to Equity Insurance Group's UK operation, including work on both its specialist divisions - Equity Red Star and Equity Insurance Partnerships. Equity Red Star has provided insurance to customers for the past 60 years, while Equity Insurance Partnerships is a provider of insurance broking services. The FWD PR team will be led by agency director Adrian Beeby.
Impax Asset Management, an AIM-listed investment management firm specialising in environmental assets, has appointed Sam Nercessian as head of comms. She previously headed comms at investment manager WHEB Group and has worked at green comms specialist Carbon International.