IHIG and PIA partner to promote tourism in Pakistan

KARACHI: International Hospitality Investment Group (IHIG), with a $118 million investment plan in country’s hospitality industry, signed a Memorandum Pakistan International Airlines (PIA) to promote tourism. PIA CEO Air Marshal…

NNR September 17, 2019

Canadian Exchange

Engro Elengy achieves world’s fastest 250 ship-to-ship LNG cargo transfers

KARACHI: Engro Elengy Terminal has achieved yet another milestone of the world’s fastest 250 ship-to-ship transfers of LNG. The Engro Elengy Terminal was a fast-track LNG import solution built to…

NNR September 17, 2019

Ratings

Straits Trading appoints Eric Teng as CEO of Straits Developments

SINGAPORE: The Straits Trading Company Limited announced the appointment of Eric Tengas CEO of Straits Developments Private Limited, a wholly-owned subsidiary of the Group. His appointment will be effective from…

NNR September 16, 2019

Singapore Exchange

Rosenblatt Group acquires Convex Capital Limited for £22 million

LONDON: Rosenblatt Group plc, the professional services group, has announced the acquisition of Convex Capital Limited, a specialist sell-side M&A corporate finance boutique, based in Manchester, UK. The total consideration…

NNR September 16, 2019

Canadian Exchange

Eco Atlantic makes a second oil discovery offshore Guyana

TORONTO: Eco (Atlantic) Oil & Gas Ltd. has announced second oil discovery on the Orinduik Block, offshore Guyana. The Joe-1 exploration well was drilled by the Stena Forth drillship to…

NNR September 16, 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

Canadian Exchange

Vaalco Energy intends to list on the main market of the London Stock Exchange

HOUSTON: VAALCO Energy, an independent energy company focused on development and production assets in West Africa, announced its formal intention to seek a Standard Listing on the Main Market of…

NNR September 16, 2019

Singapore Exchange

Winchester MD plants 230,000 hemp plants in Spain

LONDON: Winchester MD Limited with its JV partner has planted 230,000 hemp plants in June at its 20 Hectare cultivation facility using high quality EU certified seeds. Since this time…

NNR September 16, 2019

Singapore Exchange

BTG Advisory appoints four new partners to its London office

LONDON: BTG Advisory, the boutique advisory arm of Begbies Traynor Group that provides commercial, strategic and partner-led advice to companies, investors, lenders and other stakeholders, announced the appointment of four…

NNR September 16, 2019

Oslo Bourse Singapore Exchange

Ocean Outdoor Limited acquires Visual to strengthen European digital platform

LONDON: Ocean Outdoor Limited has acquired Visual Art, a Sweden based independent, pure-play digital, out-of-home media and tech group operating in three Nordic countries and Germany. The deal is structured…

NNR September 16, 2019

Canadian Exchange

Senvion enters agreement with Siemens Gamesa for sale of services and onshore assets in Europe

HAMBURG: Senvion Holding has entered into an exclusivity agreement with Siemens Gamesa to pursue negotiations for the sale of selected services and onshore assets in Europe. The agreement was approved…

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

NewsnReleases

Hermès reports solid first-half performance with €8.2 billion in revenue

UBS posts strong Q2 profit; Integration paying off as assets hit record $7.3 trillion

Rio Tinto reports record first half performance with 28% EBITDA surge

Tracsis to acquire Mistral Data in £48 million rail software deal

KEO Capital buys stake in Venezuelan oil producer PetroUrdaneta for $37.5 million

IHIG and PIA partner to promote tourism in Pakistan

Engro Elengy achieves world’s fastest 250 ship-to-ship LNG cargo transfers

Straits Trading appoints Eric Teng as CEO of Straits Developments

Rosenblatt Group acquires Convex Capital Limited for £22 million

Eco Atlantic makes a second oil discovery offshore Guyana

SolGold reports helicopter accident in Ecuador

Vaalco Energy intends to list on the main market of the London Stock Exchange

Winchester MD plants 230,000 hemp plants in Spain

BTG Advisory appoints four new partners to its London office

Ocean Outdoor Limited acquires Visual to strengthen European digital platform

Senvion enters agreement with Siemens Gamesa for sale of services and onshore assets in Europe

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

Hermès reports solid first-half performance with €8.2 billion in revenue

UBS posts strong Q2 profit; Integration paying off as assets hit record $7.3 trillion

Rio Tinto reports record first half performance with 28% EBITDA surge

Tracsis to acquire Mistral Data in £48 million rail software deal