Aramex is a multinational logistics, courier and package delivery company based in Dubai, United Arab Emirates (UAE). The company was founded by Fadi Ghandour and Bill Kingson in 1982. It is the first Arab-based company to be listed on the NASDAQ stock exchange. Aramex is listed on the Dubai Financial Market. Bashar Obeid serves as…
Air Arabia
Air Arabia is an Emirati low-cost airline with its head office in the A1 Building Sharjah Freight Center, Sharjah International Airport. The airline operates scheduled services to 170 destinations in the Middle East, North Africa, the Indian subcontinent, Central Asia and Europe to 22 countries from Sharjah, 28 destinations in 9 countries from Casablanca, Fez,…
Agility Public Warehousing Company
Agility Public Warehousing Company K.S.C.P. is a publicly traded global logistics company headquartered in Kuwait, providing freight forwarding, transportation, warehousing and supply chain management services to businesses, governments, international institutions and relief agencies worldwide. Agility has more than 22,000 employees and 500 offices in 100 countries. Agility shares have traded on the Kuwait Stock Exchange…
Dubai Financial Market (DFM)
The Dubai Financial Market (DFM) is a stock exchange located in Dubai, United Arab Emirates. It was founded on March 26, 2000. DFM is one of three stock exchanges in the UAE. Abu Dhabi Securities Exchange (ADX) also lists mostly UAE companies and NASDAQ Dubai was set up to trade international stocks. DFM and ADX…
Shopify announces record global Black Friday sales of $2.4 Billion
OTTAWA: Shopify Inc. announced record-setting Black Friday sales of $2.4 billion from the independent and direct-to-consumer brands on the platform worldwide. On November 27, from the start of Black Friday in New Zealand through the end of Black Friday in California, Shopify-powered businesses saw a 75% increase in sales from Black Friday in 2019. In…
Dr. Reddy’s to acquire brands from Glenmark in Russia, Ukraine, Kazakhstan and Uzbekistan
HYDERABAD: Dr. Reddy’s Laboratories Ltd. has entered into a definitive agreement with Glenmark Pharmaceuticals Ltd. to acquire brands Momat Rino (for Russia, Kazakhstan and Uzbekistan), Momat Rino Advance (for Russia), Momat A (for Kazakhstan and Uzbekistan), Glenspray and Glenspray Active (for Ukraine), along-with rights to the trademarks, dossiers and patents for the territories mentioned. The…
S&P reaffirms Qatar Islamic Bank’s rating at ‘A-/A-2’ with stable outlook
DOHA, QATAR: S&P Global Ratings (S&P) has reaffirmed Qatar Islamic Bank’s (QIB) Issuer Credit Rating at ‘A-/A-2’ with Stable Outlook. S&P said that its ratings on QIB reflect the global rating agency’s view of QIB’s robust corporate banking franchise, the bank’s favorable position as Qatar’s largest Islamic bank, and QIB’s relatively conservative management. S&P added:…
Protector Forsikring ASA
Protector Forsikring ASA is a Norwegian multinational insurance company, headquartered in Oslo, Norway. The company offers property and casualty insurance. Protector Forsikring was founded by Jostein Sørvoll. In 2013, the insurance company had over 50 percent of the market share for ownership insurance in Norway. Traded as: OSE: PROTCT Industry: Financial services Founded: 2004…
Prosafe SE
Prosafe SE is the world’s leading owner/operator of semi-submersible accommodation vessels. The company is listed on the Oslo Stock Exchange. Traded as: OSE: PRS Industry: Petroleum Founded: 1997 as Procon Offshore ASA Headquarters: Norway (Global HQ) Products: Semi-submersible accommodation, service rigs Website: www.prosafe.com
Polaris Media ASA
Polaris Media ASA is a media group which owns thirty newspapers in Norway. Based in Trondheim, the group was established in 2008. Major newspapers owned by the group include Adresseavisen, Harstad Tidende, Troms Folkeblad, Sunnmørsposten and Romsdals Budstikke. The company is listed on the Oslo Stock Exchange. Traded as: OSE: POL Industry: Media Founded:…
Polarcus Limited
Polarcus Limited (OSE: PLCS) is an offshore geophysical company operating a fleet of seismic research vessels worldwide. The company describes itself as having a strong environmental focus that aims to decrease emissions to both sea and air. Polarcus vessels have received high energy efficiency and environmental performance ratings. Polarcus provides worldwide seismic data acquisition services…
Photocure ASA
Photocure ASA is a Norwegian specialty pharma company that develops and sells pharmaceuticals and medical devices based on proprietary photodynamic technology. Photocure’s strategy in cancer is to continue the commercialization of Hexvix for bladder cancer diagnostics, and continue the development of the cancer portfolio and out-license prior to phase III studies. This strategy is based…