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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.…
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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…
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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,…
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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,…
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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.…
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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…
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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…
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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…
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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…
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Bahrain Bourse elected as members of the Arab Federation of Exchanges Board of Directors
BAHRAIN: Bahrain Bourse is elected by the consensus of the members, in addition to the Saudi Stock Exchange (Tadawul) as members of the Federation’s Board of Directors, representing the Arab…
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Pakistan LNG Limited issues tender for import of six LNG cargoes
KARACHI: State owned Pakistan LNG Limited (PLL) has invited bids for import of six liquefied nautral gas (LNG) cargoes of 140,000 cubic meters each to be delivered in January 2021.…