MPL wins £5.5 million contract with Tata Projects and Daewoo Engineering
MUMBAI: Mercantile Ports & Logistics (MPL) announced that its wholly owned subsidiary Karanja Terminal and Logistics Private Limited (KTLPL) has signed a binding contract with...
Daiwa Securities and Global X to establish a JV to expand domestic ETF business
TOKYO, JAPAN: Daiwa Securities Group Inc., Daiwa Asset Management Co. Ltd. and Global X Management Company Inc. will collaborate in the asset management business, and...
China Jinjiang Environment outlook uplifted to ‘Positive’ by S&P Global Ratings
SINGAPORE: China Jinjiang Environment Holding Company Limited, a leading Waste-to-Energy operator in China, announced that S&P Global Ratings has upgraded the Company’s outlook from negative...
Aldar launches first residential land community on Saadiyat Island
ABU DHABI, UAE: Aldar Properties has launched today its first residential community in the heart of Saadiyat Island – Saadiyat Reserve. The AED 722 million...
SHUAA Capital exiting non-core businesses
DUBAI, UAE: SHUAA Capital, the UAE-based financial services group which recently completed a transformational merger with Abu Dhabi Financial Group L.L.C. announced that it has...
Pakistan to complete 21 years of regular participation at Intertextile Shanghai
KARACHI: At the 25th Anniversary of Intertextile Shanghai Apparel Fabrics, Pakistan will complete its 21 years of regular participation, as 32 Pakistani companies under the...
HKEX signs MOU with Ping An Insurance Group
HONG KONG: Hong Kong Exchanges and Clearing Limited (HKEX) has entered into a memorandum of understanding (MOU) with Ping An Insurance Company of China Limited...
Ratings of insurance companies under review in aftermath of Hurricane Dorian
LONDON: Rating agencies have placed the credit ratings under review with developing implications for the major property, casualty and life/health insurance companies operating in the...
Dahua Technology USA announces product lineup for GSX 2019
IRVINE–(BUSINESS WIRE)–Dahua Technology, a world-leading, video-centric, video surveillance equipment manufacturer, has announced their product lineup for the Global Security Exchange (GSX), 2019. Dahua has been...
AM Best revises outlooks to positive for Heartland Fidelity Insurance
OLDWICK: AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit...
AM Best affirms credit ratings of ERGO Insurance
SINGAPORE: AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “bbb+” of ERGO Insurance...
Sembcorp announces divestment of subsidiary in Australia
SINGAPORE: Sembcorp Industries announced that the Group has divested its entire stake in Sembcorp Energy Australia Pty Ltd (SEA), formerly known as Vellocet Clean Energy...