Spectrics agrees to sell BTG Group for €319 million
LONDON: Spectris plc, the productivity-enhancing instrumentation and controls company, has agreed with Voith GmbH & Co. KGaA for Voith to acquire BTG Group from Spectris...
Standard & Poor’s BBB rating for SATO Corporation
HELSINKI: SATO Corporation has obtained a BBB rating with a stable outlook from rater Standard & Poor’s. At the same, SATO has decided to end...
Inzone Garland Qishi Culture Hotel officially commences operations
SINGAPORE: Imperium Crown Limited announced that the hotel at the Wonder Stone Park has successfully held its opening ceremony on 17 September 2019 to officially ...
Pakistan to privatise state owned insurance company
ISLAMABAD: Pakistan government has announced inclusion of State Life Insurance Corporation (SLIC) as well as Islamabad Electric Supply Company (IESCO) and part of Lahore Electric...
Samer Edmond Chedid appointed CEO of Nestlé Pakistan
KARACHI: Nestlé Pakistan announced a change in its top management with the appointment of Samer Edmond Chedid as the new Managing Director in the country....
Qatar Stock Exchange organizes investor relations training course for listed companies
DOHA, QATAR: Qatar Stock Exchange (QSE), in association with Maroon Capital, today started a three-day Investor Relations (IR) training program in Doha with the expert...
ExxonMobil signs deal with UGDC for Pakistan’s first ever commercial import of LNG
HOUSTON: ExxonMobil has inked a gas supply deal with Pakistan’s energy company Universal Gas Distribution Company (UGDC), according to which commercial import of LNG by...
Surplus lines insurers achieve impressive growth, improve operating profitability
NEW YORK: The surplus lines market nearly doubled its pace of premium growth in 2018, driven by new investments in operating platforms and a healthy...
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...
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...
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...
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...