Airbus A220-300 delivered to airBaltic
SINGAPORE: Avation PLC, the commercial passenger aircraft leasing company, has acquired and leased a third new Airbus A220-300 aircraft to airBaltic, the Latvian hybrid carrier. The 12-year lease commenced on…
Base Resources appoints Berenberg as joint broker
LONDON: Base Resources Limited has announced appointment of Berenberg as joint broker, with immediate effect. Berenberg will work alongside the company’s existing joint broker, Numis Securities Limited, as well as…
Singapore Exchange welcomes Fortress Minerals Limited to Catalist
SINGAPORE: Singapore Exchange (SGX) has welcomed Fortress Minerals Limited to its Catalist under the stock code “OAJ”. Fortress Minerals Limited is a Malaysia-based high grade iron ore concentrate producer. The…
FTSE Value-Stocks ASEAN Index has generated a total return of 35% in USD terms
SINGAPORE: Over the last three years, the FTSE Value-Stocks ASEAN Index has generated a total return of 35.0% in USD terms, outperforming total returns of 32.3% and 14.4% for the…
Emirates Integrated Telecommunications approve cash dividend of AED 0.22/share
DUBAI, UAE: Emirates Integrated Telecommunications Company PJSC (EITC) held its Annual General Meeting, and shareholders approved the recommendation of the Board of Directors to distribute a cash dividend of AED…
Dubai Financial Market announces new organizational structure of post-trade services
DUBAI: In conjunction with its 19th anniversary, the Dubai Financial Market Company (DFM) announced its new organizational structure for post-trade services in line with international best practices of capital markets…
FBR notifies large scale reshuffling of principal appraisers, appraising officers
KARACHI: Federal Board of Revenue (FBR) has notified transfers and postings of Principal Appraisers (PA) and Appraising Officers (AO) of Customs Department.PA Muhammad Ibrahim Khan is moved from Directorate of…
Notice of recovery for Rupees 83 million suspended
KARACHI: A notice for recovery of rupees 83 million issued against Arif Brothers was suspended on Tuesday by a customs appellate bench of High Court of Sindh (SHC) comprising Justice…
Release of soap consignment ordered
KARACHI: The release of soap consignment imported by M/S Global Traders was ordered on Tuesday by a custom appellate bench of High Court of Sindh (SHC) on payment of custom…
IMF Mission Chief meets Finance Minister
ISLAMABAD:Finance Minister of Pakistan Asad Umar, met the IMF Mission Chief Ernesto Ramirez Rigo on Tuesday and gave him a briefing on all issues including fiscal, monetary, structural and energy…
Delay in issuance of Valuation Ruling SHC seeks documents, citation by April 30 in VR about Magnet
KARACHI: A customs appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Abdul Malik Gaddi fixed April 30 to hear arguments in detail from…
Clickatell helps MTN South Africa launch chat commerce on WhatsApp
REDWOOD CITY, CALIFORNIA: MTN South Africa has partnered with global customer engagement company, Clickatell, to launch MTN Chat, enabling its customers to engage with the telco over WhatsApp.MTN Chat will…
FIR lodged against importer for mis-declaration
KARACHI: MCC Appraisement East has lodged an FIR against M/s Zulfiqar Traders to misdeclaring the description, quantity and imports of banned items in the garb of new and used miscellaneous…
PTCL & Ministry of Climate Change collaborate for a Green Pakistan
Islamabad: Pakistan Telecommunication Company Limited (PTCL) and Ministry of Climate Change (MoCC), Government of Pakistan, have signed an agreement to support the Clean Green Pakistan Movement. This collaboration will enable…
Reon announces 10 MW solar project at Bhit
KARACHI: Reon Energy Limited today announced its latest 10 MW captive Solar Power Project for Eni New Energy Pakistan at Bhit, Sindh. The 10 MW photovoltaic project is expected to…
Engro Vopak supports Hunar Foundation by Empowering the Women of Pakistan
Karachi: Nearly 39 percent of Pakistanis live in multi-dimensional poverty, according to UNDP’s 2016 report. To combat this issue, The Hunar Foundation (THF) is conducting vocational training for young men…
Karandaaz Pakistan Launches a Portal on Financial Services Indicators for Pakistan
Islamabad: Karandaaz Pakistan has launched an online data portal with aggregated data on financial services and selected socioeconomic indicators for the country. The data is classified by segment—SME, Agriculture, Branchless…
Network International and Mastercard to form strategic partnership to accelerate digital payments growth
LONDON: Network International Holdings Limited and Mastercard Inc. have reached an agreement for Mastercard to make a USD 300 million cornerstone investment in Network International’s planned IPO on the London…
Grafenia Plc acquires Artichoke Design Limited
BIRMINGHAM: Grafenia plc has completed the acquisition of the entire issued share capital of Artichoke Design Limited, trading as Nettl of The Jewellery Quarter in Birmingham. Artichoke is a small…
DeClout Limited acquires Dhost for S$286,000
SINGAPORE: DeClout Limited has acquired 100% of the shareholding interest in PT.Dhost Telekomunikasi Nusantara, an entity incorporated in Indonesia which engages in the neutral hosting business, of which 99% and…