S&P affirms South Korea ‘AA/A-1+’ ratings with stable outlook

SINGAPORE: S&P Global Ratings affirmed its 'AA/A-1+' long- and short-term foreign and local currency sovereign credit ratings on Korea. The outlook is stable, which reflects expectation that geopolitical risks in…

NNR November 6, 2019

KEFI Congratulates Abiy Ahmed

LONDON: KEFI Minerals, the gold exploration and development company with projects in the Federal Democratic Republic of Ethiopia and the Kingdom of Saudi Arabia, has congratulated the Ethiopian Prime Minster,…

NNR October 14, 2019

Spackman Entertainment’s new film Crazy Romance to debut in 22 countries

SINGAPORE: Spackman Entertainment Group Limited has announced that the Group’s new film, Crazy Romance, a romantic comedy film produced by the Group’s indirect wholly-owned subsidiary, Zip Cinema, is expected to…

NNR October 9, 2019

Azerbaijan Airline in talks with PIA to start direct flights between two countries

KARACHI: The Azerbaijan Airline is in talks with Pakistan International Airlines (PIA) to start direct flights between Karachi to Baku and Lahore to Baku, Florian Sengstschmid CEO of Azerbaijan Tourism…

NNR October 8, 2019

Mos Bros launches eco suit

LONDON: Moss Bros Group PLC, the first choice for men's tailoring, announced the launch of the eco suit, a suit that helps Moss Bros' customers do their bit for the…

NNR September 24, 2019

SolGold reports helicopter accident in Ecuador

LONDON: SolGold Plc reports that a contracted helicopter operated by AVIOANDES S.A. conducting operations for SolGold on one of SolGold's regional exploration concessions was involved in an accident Sunday morning,…

NNR September 16, 2019

Pakistan in deep political and financial crisis; Shabbar Zaidi to go soon

KARACHI: Pakistan has not been able to get out of the Financial Action Task Force (FATF) grey list; it is hardly avoiding the blacklisting, while on the internal front, Chairman…

NNR September 15, 2019

Vodafone group to sponsor Porsche Formula E team

LONDON: Vodafone Group will be the official communication partner of Porsche Motorsport when the automobile manufacturer enters the 2019/2020 ABB FIA Formula E Championship. Formula E is the first fully-electric…

NNR August 29, 2019

6th Islamabad Literature Festival (ILF) set to be held in September 2019

ISLAMABAD: Every year, the capital city of Pakistan gets its much-needed intellectual and cultural treat in the form of the annual Islamabad Literature Festival (ILF). Carrying on this legacy for…

NNR August 28, 2019

Pakistan’s overall automobile sales decline 37% in July 2019

KARACHI: Pakistan Automotive Manufacturers Association (PAMA) published monthly automobile sales data for July 2019, wherein overall auto sales for the month of July 2019 nosedived 37% YoY and 13% MoM…

NNR August 20, 2019

Dubai Financial Market achieves 96% compliance

DUBAI, UAE: Listed companies at Dubai Financial Market (DFM) have recorded a 96% compliance regarding the disclosure of Q2-2019 results within the deadline of 45 days from the end of…

NNR August 20, 2019

Gross refinery margins increased 21% in August 2019

DUBAI: Gross Refinery Margins (GRMs) for August-2019, increased by 21% YoY to US$11.45/bbl, supported by robust performance at the top and bottom of the barrel. However, sequential uptick of 23%…

NNR August 19, 2019