Pakistan’s overall electricity generation increase 3.0 percent in July 2019

KARACHI: Pakistan’s overall electricity generation increased 3.0 percent to 14,231 Gwh in July 2019 as against 13,751 Gwh in the corresponding period last year, official data released on Thursday suggests.…

NNR August 29, 2019

Australian Exchange

AM Best downgrades credit ratings of Oriental Insurance Company Limited

SINGAPORE: AM Best has downgraded the Financial Strength Rating (FSR) to B+ (Good) from B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb-” from “bbb+” of Oriental…

NNR August 28, 2019

Oslo Bourse

Mporium signs commercial agreement with major media agency network

LONDON: Mporium Group, the technology firm delivering event-driven marketing, announced a commercial agreement with the second largest media agency network in the world. Under the agreement, Mporium will run in-game…

NNR August 28, 2019

Australian Exchange Oslo Bourse

Argo Blockchain announces new mining hardware delivers faster-than-expected returns

LONDON: Argo, a UK-based provider of enterprise scale cryptocurrency mining services announced that its strategy to make a major investment in new mining hardware has delivered better than expected returns…

NNR August 28, 2019

Canadian Exchange

NJ Ayuk in explains how energy underpins the African dream

JOHANNESBURG: African economies are undergoing a transformative period. The energy sector, in particular, holds great potential to revitalize African economies and empower the growth and development. This, is a subject…

NNR August 28, 2019

Singapore Exchange

Sativa completes initial phase of Goodbody CBD Wellness store chain

LONDON: Sativa Group Plc, the UK's leading quoted CBD Wellness and medicinal cannabis Group, has completed the initial phase of its Goodbody CBD Wellness store chain, choosing Clifton, Bristol as…

NNR August 28, 2019

London Exchange

Toyota and Suzuki enter into capital alliance agreement, buy each other’s shares

LONDON: Toyota Motor Corporation (Toyota) and Suzuki Motor Corporation (Suzuki) have entered into an agreement regarding a capital alliance on Wednesday, in order to establish and promote a long-term partnership…

NNR August 28, 2019

6th Islamabad Literature Festival (ILF) set to be held in September 2019

ISLAMABAD: Every year, the capital city of Pakistan gets its much-needed intellectual and cultural treat in the form of the annual Islamabad Literature Festival (ILF). Carrying on this legacy for…

NNR August 28, 2019

Canadian Exchange

Total inaugurates its thousandth solar-powered service station

MOROCCO: Total S.A. has inaugurated its thousandth solarized service station, powered by solar panels. The rooftop solar systems at the TOTAL Palmeraie retail outlet in Marrakesh, Morocco, are a milestone…

NNR August 27, 2019

Oslo Bourse

IMImobile announces completion of acquisition of 3CInteractive Corp

LONDON: IMImobile, a global cloud communications software and solutions provider, has completed the Tender Offer for the acquisition of 3CInteractive Corp. As of the expiration of the Tender Offer on…

NNR August 27, 2019

Canadian Exchange

DGO acquires natural gas gathering systems

LONDON: Diversified Gas & Oil (DGO), the U.S. based owner and operator of natural gas, natural gas liquids, and oil wells as well as midstream assets, has entered into binding…

NNR August 27, 2019

Australian Exchange

Panicos Nicolaou appointed CEO of Bank of Cyprus

NICOSIA: Bank of Cyprus Holdings Public Limited Company announced that on 26 August 2019 the European Central Bank approved the appointment of Panicos Nicolaou as the Group Chief Executive Officer…

NNR August 27, 2019