Global Ports Holding appoints Jan Fomferra as Chief Financial Officer

LONDON: Global Ports Holding, the world's largest independent cruise port operator, announced the appointment of Jan Fomferra as Chief Financial Officer. Jan has a significant level of financial experience gained…

NNR July 2, 2020

CEO Shell Pakistan Haroon Rashid elected as President of OICCI

Haroon was appreciative of the “proactive role of the Government of Pakistan in managing the enormous challenge posed by the COVID-19 pandemic”. KARACHI: Haroon Rashid, CEO Shell Pakistan Limited, has…

NNR July 1, 2020

Europe’s air security agency suspends PIA’s TCO authorization for six months

KARACHI: European Union Air Safety Agency (EASA) has suspended PIA’s authorization to operate in Europe for six months starting July 01, 2020, following revelations that 40 percent pilots have fake…

NNR June 30, 2020

Palm Hills and Taaleem to establish university in Badya in West Cairo

CAIRO: Palm Hills Developments (PHD) and Taaleem Management Services Company, one of CI Capital Holding for Financial Investments' minority-owned investments, announce signing a Memorandum of Understanding (MOU) to set up…

NNR June 29, 2020

Careem and Visa sign partnership to accelerate digital financial inclusion across MENA

DUBAI: Careem, the internet platform for the greater Middle East, and Visa, the world’s leader in digital payments, have partnered to expand digital financial inclusion across the Middle East and…

NNR June 28, 2020

New IHME COVID-19 forecasts predict more than 40,000 deaths in Pakistan by October 1

SEATTLE: In its first projections for Pakistan, the Institute for Health Metrics and Evaluation (IHME) at the University of Washington is forecasting 42,188 people (with a range of 18,380 to…

NNR June 28, 2020

Dot Republic to launch Pakistan’s first digital fitness network ‘C1 Fitness’

ISLAMABAD: Dot Republic Media, one of the biggest YouTube MCN (Multi-Channel Network) in the region, in collaboration with their talent partner Alchemists, has announced the launch of 'CreatorsOne Fitness', a…

NNR June 27, 2020

AHF to pull $2M in Facebook ads if CEO Zuckerberg fails to act on hate postings

LOS ANGELES: AIDS Healthcare Foundation (AHF), the largest global nonprofit AIDS organization, issued an ultimatum to Facebook founder and CEO Mark Zuckerberg with a July 4th deadline to act swiftly…

NNR June 27, 2020

Global smart PPE market to grow by $1.85 billion during 2020-2024

LONDON: The smart personal protective equipment (PPE) market is expected to grow by USD 1.85 billion during 2020-2024. The North America region led the smart personal protective equipment (PPE) market…

NNR June 27, 2020

Bien-Etre Labs announces appointment of new company president

HIGH POINT: Bien-Etre Labs LLC, a nutraceutical development company, announced the appointment of Steve P. Prescott to the position of President of the company. Steve’s impeccable stewardship assisted DuPont through…

NNR June 25, 2020

Link Global to provide 6MW electricity to Block One for their digital currency mining operations

VANCOUVER: Link Global Technologies Inc., an innovative power and infrastructure solutions provider for digital mining and data hosting operations, announced that its phase one development of power in Alberta is…

NNR June 24, 2020

Al Salam Bank-Bahrain tops key performance indicator rankings for GCC banking sector

MANAMA: Al Salam Bank-Bahrain (Al Salam Bank) has achieved the highest reduction in non-performing financing (NPF) amongst 55 GCC listed banks in 2019, according to a report by KPMG. The…

NNR June 24, 2020