Orascom Construction, Mitsubishi consortium signs a $800mn contract for Cairo Metro Line 4 Phase 1

The project is going to be financed by a Japanese Yen Credit Loan provided by the Japanese International Corporation Agency (JICA) DUBAI: The consortium comprising Orascom Construction PLC and Mitsubishi…

NNR November 24, 2020

Catapult Group acquires Science for Sport

The platform empowers athletes and teams with easily-consumable answers to their performance-related questions SYDNEY: Catapult Group International Limited has acquired the profitable subscription online sport learning platform, Science for Sport,…

NNR November 24, 2020

Emirates crowned Best Airline and Best Long-Haul Airline

DUBAI: Emirates has been recognised as the Best Airline for 2020 at The Sun Travel Awards, and the Best Long-Haul Airline at The Times and The Sunday Times Travel Awards.…

NNR November 23, 2020

Verona Pharma signs $30 million debt financing with Silicon Valley Bank

Non-dilutive capital to provide further financial flexibility LONDON: Verona Pharma plc has entered into a debt financing facility for up to $30 million with Silicon Valley Bank (SVB), a news…

NNR November 23, 2020

Atento

Atento is a global provider of customer relationship management (CRM) and business-process outsourcing (BPO) services, including customer care, sales, collections, back office and technical support. Atento is the largest provider…

NNR November 20, 2020

Dutch Star Companies TWO celebrates listing on Euronext Amsterdam

AMSTERDAM: Euronext congratulates Dutch Star Companies TWO, a special purpose acquisition vehicle, with its listing on Euronext Amsterdam today. At opening, based on a reference price of €10 per share,…

NNR November 19, 2020

AbCellera Biologics acquires Trianni Inc. for $90 million

Acquisition enhances AbCellera’s ability to generate large databases of human antibodies for drug discovery programs VANCOUVER: AbCellera Biologics has acquired Trianni Inc. in an all-cash transaction valued at US$90 million,…

NNR November 19, 2020

SHUAA and Arton partner to encourage foreign direct investment in high growth markets

Armand Arton of Arton Capital said, “This innovative initiative is unprecedented in our industry, and we are thrilled to partner with SHUAA, a leader in asset management and investment banking.…

NNR November 18, 2020

BH Mubasher participate in the Young Economists Program

DUBAI: BH Mubasher Financial Services PSC, one of the leading companies in the UAE financial market, has participated in the Young Economists Program, a news release said. The program, which…

NNR November 16, 2020

Dubai Islamic Bank closes $1.0 billion AT1 Sukuk

DUBAI: Dubai Islamic Bank PJSC (DIB) successfully priced a USD 1 billion Perpetual Non-Call 5.5yrs Additional Tier 1 Sukuk with a profit rate of 4.625% per annum, a news release…

NNR November 15, 2020

Nakilat Included in MSCI Emerging Markets Large Cap Index – Qatar

DOHA, QATAR: Nakilat (Qatar Gas Transport Company) has been added to the Morgan Stanley Capital International (MSCI) Emerging Markets Large Cap Index as a constituent of the MSCI Qatar Large…

NNR November 12, 2020

Damac Properties posts 32 percent growth in revenues to AED 3.7 billion

DUBAI: DAMAC Properties Dubai Co. PJSC announced financial results for the first nine months of 2020 (9M2020), wherein total revenue stood at AED 3.7 billion, up 32.14 percent from AED…

NNR November 12, 2020