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 likely purchase consideration of around…

NNR May 2, 2020

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 in 2019. The rapid spread…

NNR March 16, 2020

More Wire

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 monitors in Wuhan, China as…

NNR March 9, 2020

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 a new diagnostics kit to…

NNR February 27, 2020

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 LLC., to deliver and manage…

NNR February 5, 2020

More Singapore Exchange

Gallant Venture and Obayashi Corporation to build eco-tourism focused greenhouse on Bintan island

SINGAPORE: Gallant Venture has partnered Obayashi Corporation –one of Japan’s largest general contractors–to pilot a technologically-advanced eco-tourism focused greenhouse on Bintan island, Indonesia. This was announced at the Joint Development…

NNR January 14, 2020

Bush fire damages SeaLink’s Vivonne Bay Lodge on Kangaroo Island

SYDNEY: SeaLink Travel Group Limited advised that significant damage has been sustained to the SeaLink owned Vivonne Bay Lodge at Vivonne Bay on Kangaroo Island as a result of recent…

NNR January 10, 2020

CINECO signs agreement with Ban Management to multi-screen Cineplex at Amwaj Lifestyle Mall

MANAMA, BAHRAIN: Bahrain Cinema Company (CINECO) has entered into an agreement with Ban Management Co to develop and operate multi-screen Cineplex in Amwaj Lifestyle Mall, Amwaj Islands. Cineco is a…

NNR January 9, 2020

Hipgnosis acquires Music Catalogue from Emile Haynie

LONDON, UK: The Board of Hipgnosis Songs Fund Limited and its Investment Adviser, The Family (Music) Limited, acquired a music catalogue from Emile Haynie, an award-winning American producer who has…

NNR January 9, 2020

EMICOOL’s pipeline network crosses 240 Kms in 2019

DUBAI: Emirates District Cooling (Emicool) LLC, a wholly owned subsidiary of Dubai Investments, has announced that it now provides district cooling services to larger diversified sectors like residential, retails, commercial…

NNR January 6, 2020

Nestlé Pakistan to recycle 220 tons of plastic waste

LAHORE: Nestlé Pakistan, District Council Hunza, Gilgit Baltistan Waste Management Company (GBWMC) and Karakoram Area Development Organization (KADO) have signed an MoU for “Clean Hunza Project”. The project is supported…

NNR December 28, 2019

Vietnam seeks improved trade, investment cooperation with Pakistan

KARACHI: Vietnamese government is keen to improve trade and investment cooperation with Pakistan, Deputy Director General of Vietnam’s Ministry of Industry & Trade Do Quoc Hung said at a business-to-business…

NNR December 18, 2019