Oxford BioDynamics receives Queen’s Award for Enterprise
LONDON: Oxford BioDynamics Plc is delighted to announce that it has today been recognised as a winner of the 2019 Queen’s Award for Enterprise, the most prestigious enterprise award given…
Resource estimation work commissioned at the Moonta Copper Project
LONDON: The Board of Thor Mining Plc has announced it has been advised by Enviro Copper Limited of commencement of resource estimation work for several of the deposits at the…
Bank Muscat receives regulatory approvals to issue Meethaq Sukuk Series 2
MUSCAT: Bank Muscat has received approval from the Central Bank of Oman and the Capital Market Authority, Oman to issue Series 2 under the Meethaq Sukuk Program.The subscription for Series…
Click & Collect starts up in Karusels of two capitals
MOSCOW: X5 Retail Group, a leading Russian food retailer, has announced the launch by its Karusel retail chain of the Click & Collect service, which enables customers to order products…
Rustranscom Plc announces postponement of initial public offering
LONDON: Rustranscom plc (RTC), a leader in specialised rail freight transportation in Russia and Kazakhstan, has announced the postponement of the Initial Public Offering (IPO) of Global Depository Receipts in…
Comfortdelgro further deepens footprint in Australia with A$28.3 million acquisition
SYDNEY: ComfortDelGro Corporation Limited is acquiring B&E Blanch Pty Ltd, a bus service operator in New South Wales for A$28.3 million, further deepening its footprint Down Under.This is the Group’s…
ACEP holds session with structural engineers
KARACHI: Association of Consulting Engineers of Pakistan (ACEP) held an inaugural ceremony of its new office bringing together Structural Engineers and Consultants to talk on the collective role they have…
Industries Qatar posts QR 0.7 billion net profit for the first quarter of 2019
DOHA, QATAR: Industries Qatar (IQ), one of the region’s industrial giants with interests in the production of a wide range of petrochemical, fertilizer and steel products, announced its financial results…
Emirates Telecom (Etisalat) posts 3.14% growth in profits to AED 2.623 billion in Q1 2019
ABU DHABI: Emirates Telecom Group Company (Etisalat) has announced a net profit of AED 2.623 billion for the quarter ended March 31, 2019, up 3.14 percent compared with the profit…
Etisalat Onecloud enables digital transformation at DBA Group
ABU DHABI: Etisalat has announced its strategic partnership with UAE-based conglomerate DBA (Darwish bin Ahmed & Sons) Group to provide Etisalat OneCloud services in support of its digital transformation process.As…
CMA approves merger of Alawwal Bank into Saudi British Bank through a securities exchange offer
RIYADH: The Capital Market Authority (CMA) of Saudi Arabia has announced the issuance of its resolution approving The Saudi British Bank request to increase its capital from SAR 15 billion…
Saudi Arabian Fertilizer Company posts 41.23% growth in profits
RIYADH: Saudi Arabian Fertilizer Company (SAFCO) has announced a net profit of SAR 335.47 million for the quarter ended March 31, 2019, up 41.423% compared with the profit of SAR…
Mashreq Bank posts AED 628 million net profit for 1Q 2019
DUBAI, UAE: Mashreq, one of the leading financial institutions in the UAE, has reported its financial results for the first quarter ending 31st March 2019.Key highlights : Healthy Net Profit:…
Dubai Islamic Bank posts 12 percent growth in profits in Q1 2019
DUBAI, UAE: Dubai Islamic Bank (DIB) has announced a net profit of AED 1.35 billion for the quarter ended March 31, 2019, up 12 percent compared with the profit of…
Five largest, best-performing IT stocks at SGX averaged 45% YTD total return
SINGAPORE: In the first quarter of 2019 ended March 31, 2019, Information Technology (IT) was the best-performing sector on Singapore Exchange (SGX) with a total return of 28.6%, reversing the…