Aramex’s revenue increased 19% to AED 1.5 billion in Q3 2020

The costs have been pushed higher since the beginning of the Covid-19 pandemic. DUBAI: Aramex, a leading global provider of comprehensive logistics and transportation solutions, announced third quarter (Q3) ended…

NNR November 5, 2020

SHUAA Capital pays its $100 million bond in full

DUBAI: SHUAA Capital psc, the leading asset management and investment banking platform in the region, today announced that it has paid in full the USD 100 million bond issued in…

NNR November 3, 2020

Pakistan LNG Limited receives lowest bids for December LNG deliveries

Pakistan has long term LNG agreements in place, including one with Qatar, but has also been active on the spot market since August. KARACHI: Pakistan LNG Limited (PLL) has received…

NNR November 3, 2020

Mutares completes acquisition of German Metallurgie Business from Nexans

MUNICH: Mutares SE & Co. KGaA has successfully completed the acquisition of the German Metallurgie Business of Nexans, a news release noted. The company with manufacturing locations in Bramsche and…

NNR November 2, 2020

Profits of Qatari listed companies reached QAR 24.3 billion in the 3rd quarter of 2020

DOHA: All of Qatar Stock Exchange (QSE) listed companies have disclosed their financial results for the period ended September 30, 2020. The results show a net profit of QR 24.3…

NNR November 2, 2020

Dubai Islamic Bank completes integration of Noor Bank

The acquisition further enhances DIB’s position as one of the largest Islamic banks in the world with total assets exceeding AED 300 billion. DUBAI: Dubai Islamic Bank (DIB) has completed…

NNR November 2, 2020

2020 presents a grim picture for press freedom in Pakistan: PPF

2020 presents a grim picture for press freedom in Pakistan with multiple attempts to silence the voices of the media in the print, broadcast and online spheres KARACHI: The media in…

NNR November 2, 2020

Zhejiang Export Online Fair 2020 announces Thailand auto parts exhibition

BANGKOK: Zhejiang Export Online Fair 2020 has announced a unique opportunity for stakeholders in the auto parts industry to meet and generate business via video conferencing. The Online Fair on…

NNR November 1, 2020

Al Salam Bank partners with talabat

MANAMA: Al Salam Bank-Bahrain is collaborating with talabat, the region’s leading food and grocery delivery app, to offer holders of its debit, credit and prepaid cards the chance to win…

NNR November 1, 2020

Amanat Investments terminates the sale of Middlesex Associates

DUBAI: Amanat Holdings PJSC announced that its subsidiary, Amanat Investments LLC has terminated the sale and purchase agreement with SW Holding Limited, for the sale of its 100% stake in…

NNR October 28, 2020

Emirates SkyCentral DWC to be operated as a dedicated anchor hub for COVID-19 vaccine distribution

DUBAI, UAE: Emirates SkyCargo is creating the world’s first dedicated airside cargo hub to handle the logistical complexities of distributing a potential COVID-19 vaccine globally. The air cargo carrier is…

NNR October 27, 2020

Tufton Oceanic Assets Limited acquires Handysize Bulk Carrier for $10.6 million

This acquisition takes the Company's fleet to nineteen vessels. LONDON: The Board of Tufton Oceanic Assets Limited announced that the Company has acquired a Handysize Bulk Carrier for $10.6 million.…

NNR October 27, 2020