Methanex Corporation is a Canadian company that supplies, distributes and markets methanol worldwide. Methanex is the world’s largest producer and supplier of methanol to major international markets in North and South America, Europe, and Asia Pacific. Methanex is headquartered in Vancouver, British Columbia, Canada, and operates production sites in Canada, Chile, Egypt, New Zealand, the…
MEG Energy Corp
MEG Energy Corp is a pure play Canadian oil sands producer engaged in exploration in Northern Alberta. All of its oil reserves are more than 1,000 feet (300 m) below the surface and so they depend on steam-assisted gravity drainage and associated technology to produce (heavy bitumen must first be brought to the surface). The…
Maxim Power Corp.
Maxim Power Corp. is headquartered in Calgary, Alberta, Canada and owns and operates the H. R. Milner Generating Station, a 150 MW power plant near Grande Cache, Alberta. This plant is in being replaced with gas fired power plant with anticipated nameplate capacity of 204 MW in simple cycle mode. The company has power generation…
Maxar Technologies
Maxar Technologies is a space technology company headquartered in Westminster, Colorado, United States, specializing in manufacturing communication, Earth observation, radar, and on-orbit servicing satellites, satellite products, and related services. DigitalGlobe and MDA Holdings Company merged to become Maxar Technologies on October 5, 2017. Maxar Technologies is the parent holding company of Space Systems Loral, headquartered…
Canadian Apartment Properties REIT
Canadian Apartment Properties REIT is an apartment real estate investment trust, the largest of its kind in Canada. CAPREIT’s business model has been to acquire real-estate with the intention of profiting off the rent. It has been doing this since 1997. As of 2020 CAPREIT owns just under 60 thousand residential units in Canada and…
Fahim Al Shehhi becomes CEO of Islamic Arab Insurance Company
DUBAI: Fahim Al Shehhi has been appointed as the new Chief Executive Officer of Islamic Arab Insurance Company (SALAMA) effective from January 13, 2021. Parvaiz Siddiq has, for personal reasons, resigned from his position of Chief Executive Officer of Islamic Arab Insurance Company –SALAMA PSC after serving full five years as Chief Executive Officer. The…
SHUAA-led consortium buys out AED 1.13 billion debt of Dubai-based Stanford Marine Group
UNITED ARAB EMIRATES: SHUAA Capital has successfully completed a debt buyout of Stanford Marine Group’s (SMG) AED 1.13 billion (USD 308 million) facility, resulting in a successful outcome for all parties involved, including the participating banks, a news release said. SMG is one of the most prominent and diversified offshore services companies in the Middle…
Shell and K-Electric to explore possibility of electric vehicle charging stations
KARACHI: Playing an active part in the government’s aim to promote the use of Electric Vehicles, Shell Pakistan Limited (SPL) and K-Electric Limited (KE) have signed a Memorandum of Understanding (MoU), to jointly develop the first three Electric-Vehicle (EV) Charging Stations across Karachi and its connecting highways. The locations selected for installing 50 KWH Rapid…
Sembcorp Energy India wins 400MW capacity solar power project
SINGAPORE: Sembcorp Energy India Limited (SEIL), a wholly owned subsidiary of Sembcorp Industries (Sembcorp), has recently won a new 400MW solar power project, a news release said. Through its renewables subsidiary, Sembcorp Green Infra, SEIL won this bid in a closely contested auction conducted by the Solar Energy Corporation of India (SECI). SEIL has received…
Solon Eiendom selling 49 % stake in Solon Realkapital to Vatne Property
OSLO: Solon Eiendom ASA has entered into an agreement for the sale of Solon’s 49 % stake in Solon Realkapital AS to Vatne Property AS. Vatne Property AS is a 100 % owned subsidiary of Vatne Capital AS, which is fully owned by Runar Vatne who holds approximately 25 % of the shares in Solon…
HydrogenPro, Ariema and Reposl plan to develop joint hydrogen projects
OSLO: HydrogenPro AS, Ariema S.A and Reposl S.A have announced plan to develop joint hydrogen projects. Within the framework of a Memorandum of Understanding, HydrogenPro will assist the Spanish multi-energy provider Repsol to mature and accelerate projects which will help Repsol achieve its’ target of becoming a zero emissions company by 2050. HydrogenPro will contribute…
Nanobiotix announces key development milestones for 2021 after successful Nasdaq IPO
PARIS: Nanobiotix announced its global development plan for 2021 and beyond. Nanobiotix is a clinical-stage biotechnology company focused on developing first-in-class product candidates that use proprietary nanotechnology to transform cancer treatment by increasing the efficacy of radiotherapy and increasing the proportion of patients that respond to immune checkpoint inhibitors. “Following the successful closing of our…