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 activities declined significantly across country on the back of COVID-19 concerns, latest numbers issued by…
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 of recent developments in the uranium industry, as well as provisional information related to the…
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 US $4 million. PIL had entered into a 50:50 JV…
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 of COVID-19, and associated government travel restrictions and advisories are…
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 a direct response to the COVID-19 virus outbreak. A number…
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 detect COVID-19. Additionally, this kit has undergone testing by several…
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 Fixed Odds horse racing into New Jersey along with exclusive…
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 Agreement Signing Ceremony. PT Persada Hijau Cemerlang (PHC), a company…
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 bush fire activity. The full extent of the damage is…
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 dominant player in the entertainment business and currently operating a…
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 collaborated on some of the most iconic hip hop and…
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 buildings, hotels, schools, universities, hospitals, furnished apartments, industrial and labour…