Pakistan LNG Limited floats tender to procure three cargoes in March 2021

Pakistan's LNG imports are set to multiply with news terminals coming up in near future. KARACHI: Pakistan LNG Limited (PLL) has floated a tender to import three liquefied natural gas…

NNR December 20, 2020

China’s state owned CMPak serves PTA with a Rs600 billion damages claim

KARACHI: CMPak Ltd (a company wholly owned by the Government of China), that operates under the brand name of Zong in Pakistan, has filed a Notice of Claim of Rs.…

NNR December 18, 2020

Canadian Overseas Petroleum to acquire Atomic Oil & Gas for $54 million

LONDON: Canadian Overseas Petroleum Limited (COPL) has agreed to acquire Atomic Oil & Gas LLC for a consideration of US$54 million consisting of assumed debt, cash and shares. This strategic…

NNR December 16, 2020

Fiat Chrysler to setup $150 million global tech centre in India

NEW DELHI: Fiat Chrysler Automobiles NV (FCA) has announced plans to spend $150 million to set up a global technology centre in the southern Indian city of Hyderabad. The centre…

NNR December 16, 2020

Al Ramz Capital executes first SLB transaction on DFM

“We commend Al Ramz Capital for spearheading the industry in diversifying into new activities and successfully concluding the first SLB transaction through Dubai Clear's infrastructure," Maryam Fekri said. DUBAI: Dubai…

NNR December 16, 2020

Bahrain authorizes use of Chinese Sinopharm’s COVID-19 vaccine

DUBAI: National Health Regulatory Authority (NHRA) of Bahrain Sunday approved the use of China-based Sinopharm’s COVID-19 vaccine in the country. The approval follows the success of Sinopharm’s clinical trials across…

NNR December 13, 2020

Marwa AlMaskati appointed on Board of Directors in the Middle East Investor Relations Association

Mrs. Marwa AlMaskati BAHRAIN: Bahrain Bourse has announced appointment of Mrs. Marwa AlMaskati, Director of Marketing & Business Development and Head of MEIRA Bahrain Chapter, as a Director in Board…

NNR December 13, 2020

Gerry’s dnata partners Virgin Atlantic to handle its passenger and cargo operations in Pakistan

KARACHI: Gerry’s dnata, a joint venture of Ground Handling Services between dnata Dubai and Gerry’s Group Pakistan, announced its partnership with Virgin Atlantic Airways by becoming the airline’s preferred Ground…

NNR December 10, 2020

2MX Organic raises €300 million

Moez-Alexandre Zouari, CEO of 2MX Organic, and Stéphane Boujnah, CEO and Chairman of the Managing Board of Euronext, rang the bell virtually this morning to celebrate the listing of 2MX…

NNR December 9, 2020

WINFARM raises €16.8 million from its listing on Euronext Growth Paris

Camille Leca, Euronext’s Chief Operating Officer Listing and Head of Listing in France, rang the bell virtually this morning together with Patrice Etienne, CEO of WINFARM, in order to celebrate…

NNR December 9, 2020

Auction of Irish Treasury Bills on December 10, 2020

DUBLIN: The National Treasury Management Agency (NTMA) announced an auction of Irish Treasury Bills on Thursday 10th December 2020. The National Treasury Management Agency (NTMA) offer €750 million of Irish…

NNR December 8, 2020