ZF completes acquisition of commercial vehicle technology supplier WABCO
FRANKFURT: ZF Friedrichshafen AG has successfully completed the acquisition of commercial vehicle technology supplier WABCO, having gained approval from all required regulatory authorities. WABCO shares,...
Dubai Financial Market Company posts net profit of AED 34.7 million in Q1-2020
DUBAI: Dubai Financial Market Company announced its financial results for the first quarter of the year ending 31 March 2020, reporting a net profit of...
Deyaar Development posts net profit of AED2.6 million in Q1 2020
DUBAI: Deyaar Development PJSC, one of Dubai’s leading property developers and real estate service providers, announced its financial results for the first quarter of 2020,...
Hero Motocorp announces the winners of inaugural ‘Hero Colabs – The Design Challenge’
NEW DELHI: Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has announced the winners of its latest innovative initiative Hero CoLabs – The...
Telemedicine providing virtual consultations to patients across Pakistan during COVID19
KARACHI: “In Pakistan, during COVID19, patients are scared to go to hospitals to avoid exposure, elderly are isolated and confined within their home being most...
Pakistan’s overall petroleum products’ sales decline 36% to 1.1mn tons
KARACHI: Pakistan’s overall petroleum products sales by oil marketing companies (OMCs) during April 2020 declined by 36 percent YoY to 1.1 million tons as economic...
Kazatomprom provides operations and trading update for the first quarter of 2020
ASTANA: JSC National Atomic Company (Kazatomprom) has announced operations and trading update for the first quarter ended 31 March 2020. This update provides a summary...
Polycab India to buyout Ryker from Singapore’s Trafigura for $4.0mn
MUMBAI: Polycab India Limited (PIL) has signed an agreement with Trafigura Pte Ltd, Singapore to acquire 50% stake in Ryker Base Private Limited against a...
COVID-19: IAG plans to reduce capacity by at least 75 percent
LONDON: For April and May, the International Cons Airlines Group (IAG) plans to reduce capacity by at least 75 percent compared to the same period...
Increased sales demand from China in response to COVID-19
BEIJING: LiDCO, a leading supplier of hemodynamic monitoring company, announced that its Chinese distribution partner Beijing Gloryway Medical Company recently sold a small number of...
BATM develops diagnostics kit for COVID-19
LONDON: BATM Advanced Communications, a leading provider of real-time technologies for networking solutions and medical laboratory systems, announced that its Bio-Medical division has successfully developed...
BetMakers to manage fixed odds horse racing in New Jersey for 10 years
SYDNEY, AUSTRALIA: BetMakers Technology Group Limited’s subsidiary, BetMakers DNA Pty Ltd has signed an agreement with New Jersey Thoroughbred Horsemen Association (Horsemen) and Darby Development...