Al Baraka to change the operational structure of its parent company in Bahrain

DUBAI: Board of Directors of Al Baraka Banking Group resolved to initiate the process of converting the current license of its parent company in Bahrain from a wholesale bank to…

NNR September 20, 2020

Sun Telecom Won “Asia Famous Brand Award 2020”

SHANGHAI: Sun Telecom is awarded “Asia Famous Brand Award 2020” at the 15th Asia Brand Ceremony held at the Hainan Free Trade Port. For Sun Telecom, it is another recognition and…

NNR September 19, 2020

Estée Lauder works with NASA to send iconic advanced night repair into space

As a beauty industry leader in science and innovation, Estée Lauder is the first-ever beauty brand to participate in NASA’s efforts to enable business opportunities on the International Space Station.…

NNR September 19, 2020

Charles Taylor acquires SBSA Inc. (Solutions Before, Solutions After)

“The addition of SBSA significantly expands and strengthens Charles Taylor’s engineering capabilities in the U.S.,” said Rob Brown, Group CEO, Charles Taylor. LONDON: Charles Taylor, a provider of services and…

NNR September 19, 2020

China’s global data security initiative and its international implications

BEIJING: Earlier this month, Chinese State Councilor and Foreign Minister Wang Yi announced a new initiative to establish global standards on data security. The Chinese government's Global Data Security Initiative…

NNR September 17, 2020

Al Baraka Banking Group Collaborates with Bahrain Bourse and Central Bank to offer Sukuk based Murabaha facility

ABG’s Murabaha service clients will benefit from significant reductions in processing time as well as bolstering Bahrain’s position as the global capital of the Islamic economy. MANAMA: Al Baraka Banking…

NNR September 16, 2020

Nestlé Pakistan launches cuisine book ‘Dining Along The Indus’

KARACHI: Nestlé Pakistan recently launched a cuisine book – Dining Along The Indus. The book was earlier unveiled in 2019 in collaboration with Pakistan Mission to the United Nations at…

NNR September 15, 2020

Pakistani consumers go cashless as trust in digital payments surges amid COVID-19

Survey release marks launch of Visa’s second annual Visa “Stay Secure” social media campaign in Pakistan KARACHI: Visa, the world leader in digital payments, released results of a survey on…

NNR September 15, 2020

BNET announces launch of Operations Support System (OSS) and Business Support System (BSS)

As a result of Batelco’s legal separation into two entities, BNET became the responsible provider for broadband and connectivity infrastructure with the aim of providing high-speed internet services at competitive…

NNR September 15, 2020

Bank of Bahrain and Kuwait to acquire Ithmaar Bank’s Bahrain operations

BBK signed MoU on the potential acquisition of Ithmaar Bank’s Bahrain operations as well as specific assets of IB Capital, a wholly-owned subsidiary of Ithmaar Holding. MANAMA, BAHRAIN: The Bank…

NNR September 15, 2020

Al Ramz Capital announces appointment of Karim Schoeib as Chief Executive Officer

DUBAI: Al Ramz Corporation Investment and Development PJSC (Al Ramz) announced today the appointment of Karim Schoeib as Chief Executive Officer of Al Ramz Capital effective 1st of October 2020.…

NNR September 13, 2020

Pakistan aims to have 20 percent of electricity generation capacity as renewable energy

ISLAMABAD: Government has issued Alternate and Renewable Energy (ARE) Policy 2020 setting requisite processes in place so that ARE is fully mainstreamed and integrated within the energy planning as the…

NNR September 10, 2020