Pakistan’s cement sales surge 11% in November
KARACHI: Pakistan’s overall cement dispatches for the month of Nov-2019 increased by 11% YoY to 4.35mn tons as compared to 3.90mn tons in the same month last year. Double-digit growth…
Altus signs £6.5 million strategic investment agreement with La Mancha
LONDON: Altus Strategies Plc entered into a £6.5 million Strategic Investment Agreement with La Mancha Holdings, a Luxembourg-incorporated private gold investment company Altus is a London and Toronto listed project…
AFC Energy becomes British Motor Show 2020’s official EV charging partner
LONDON: AFC Energy, a leading provider of hydrogen power generation technologies, has announced its blue-ribbon partnership with the British Motor Show 2020 as the event’s Official EV Charging Partner, following…
SECP, ADB organize stakeholder consultations on Financial Market Development 2020-25
KARACHI: The Securities and Exchange Commission of Pakistan (SECP) and Asian Development Bank (ADB) jointly organized a workshop for stakeholder consultations on Financial Market Development 2020-25. The long term roadmap…
Roc Oil to withdraw its stakes in Canning Basin exploration permits in favor of Buru Energy
PERTH: Buru Energy Limited has reached agreement with Roc Oil (Canning) Pty Limited to assume 100% equity stake in three Canning Basin exploration permits EP 428, EP 436 and EP…
Cooper Energy announces completion of Minerva Gas Plant acquisition
ADELAIDE: Cooper Energy announced completion of the transaction for acquisition of the Minerva Gas Plant by the participants in the Casino Henry joint venture (Cooper Energy 50% and Operator, Mitsui…
BidCo to acquire Pioneer Credit for an enterprise value of $288mn
SYDNEY: Pioneer Credit Limited has entered into a Scheme Implementation Agreement with Robin BidCo Pty Ltd and Robin HoldCo Holdings Limited (The Carlyle Group), wherein BidCo will acquire 100% of…
Dentsu launches Isobar in Colombia
TOKYO: Dentsu Inc. announced that its global business headquarters Dentsu Aegis Network Ltd has reached an agreement to acquire a 100% stake in Chef Smart Marketing Mix, a full-service digital…
AM Best assigns credit ratings to Insurance House P.S.C
LONDON: AM Best has assigned a Financial Strength Rating of B+ (Good) and a Long-Term Issuer Credit Rating of “bbb-” to Insurance House P.S.C.. The outlook assigned to these ratings…
Nel to provide two additional hydrogen fueling stations in Korea
OSLO: Nel Korea Co., Ltd., a subsidiary of Nel ASA, has received a purchase order from Hydrogen Energy Network Co., Ltd. for two additional H2Station hydrogen fueling stations in Korea.…
VR Education partners Deutsche Telekom, Qualcomm and XRSPACE for launch of new 5G VR device
LONDON: VR Education announced that the Group’s ENGAGE platform has been selected as one of a handful of titles to be a launch application for a new 5G VR head…
CloudCall partners with TargetRecruit to improve candidate engagement
LONDON: CloudCall Group has partnered with enterprise recruitment software, TargetRecruit to improve candidate engagement. CloudCall is software and unified communications business that has developed and provides a suite of cloud-based…
MaxCyte and KSQ Therapeutics announce development and commercialization agreement
GAITHERSBURG: MaxCyte Inc. and KSQ Therapeutics announced that the companies have entered into a new development and commercialization agreement. Under the agreement, KSQ gains rights to use MaxCyte’s Flow Electroporation…
Bahrain Bourse kicks-off 2019-2020 TradeQuest Challenge
MANAMA, BAHRAIN: Bahrain Bourse (BHB) officially announced the kick-off of the TradeQuest Challenge for high school and university students for the academic year 2019-2020 for the 22nd consecutive year. The…
Peter Duerden appointed Managing Director of Magmatic Resources
PERTH: Magmatic Resources Limited has announced the appointment of New South Wales Porphyry Gold-Copper specialist Peter Duerden as Managing Director effective from 3rd February 2020. Following Duerden’s commencement as Managing…
Auswide Bank partners with National Seniors Australia
BRISBANE: Auswide Bank Ltd has partnered with National Seniors Australia to provide their members with access to a range of fixed interest term deposits. The establishment of mutually beneficial partnerships…
Deyaar and DIB to provide attractive home financing solutions
DUBAI, UAE: Deyaar Development PJSC has partnered with Dubai Islamic Bank (DIB) to benefit from the bank’s attractive and customised home financing solutions to help ease home ownership of Deyaar’s…
SPARX Group invests in Sigma-i
TOKYO: SPARX Group Co., Ltd. announced that it has invested in Sigma-i Co., Ltd., provider of a total B2B solution that uses quantum annealing machines. Sigma-i intends to use this…
Wongraven and Vingruppen to expand internationally
OSLO: Since 2009, Sigurd Wongraven has developed and sold quality wines in Norway. From 2014 this has been in collaboration with Vingruppen. This is now being maintained in a new…
Zenith to acquire Coro’s entire natural gas portfolio in Italy
LONDON: Zenith Energy Ltd. has signed a share purchase agreement with Coro Energy Plc for the acquisition of Coro’s entire natural gas production and exploration portfolio in Italy. Zenith and…