IMImobile announces completion of acquisition of 3CInteractive Corp
LONDON: IMImobile, a global cloud communications software and solutions provider, has completed the Tender Offer for the acquisition of 3CInteractive Corp. As of the expiration...
DGO acquires natural gas gathering systems
LONDON: Diversified Gas & Oil (DGO), the U.S. based owner and operator of natural gas, natural gas liquids, and oil wells as well as midstream...
Panicos Nicolaou appointed CEO of Bank of Cyprus
NICOSIA: Bank of Cyprus Holdings Public Limited Company announced that on 26 August 2019 the European Central Bank approved the appointment of Panicos Nicolaou as...
Total strengthens its international partnership with Qatar Petroleum
PARIS–(BUSINESS WIRE)—Total S.A. and Qatar Petroleum have further strengthened their international partnership by signing agreements under which Qatar Petroleum will farm into Total-held exploration acreage...
Cairn sells of 282 PRS apartments at The Quarter at Citywest for €94 million
LONDON: Cairn Homes plc, the leading Irish homebuilding company, announced the forward sale of 282 multifamily private rental sector (PRS) apartments at The Quarter in...
El Corte Inglés announces merger by absorption of Bricor
MADRID: The general shareholders’ meeting has given the green light to the merger by absorption of Bricor (the absorbed company) by El Corte Inglés (the...
Bolivia insurance industry outlook stable as companies sustain growth trend
MEXICO CITY: AM Best has assigned a stable market segment outlook to Bolivia’s insurance industry, based on healthy growth, robust solvency ratios and a sufficient...
South Korea insurers prepare to face new accounting and solvency rules
HONG KONG: AM Best views South Korea’s non-life insurers as being in a better position than their life counterparts to weather the impact of the...
ST Engineering North America sets up US$1.5 billion U.S. commercial paper program
SINGAPORE: Singapore Technologies Engineering Ltd (ST Engineering) announced that its subsidiary, ST Engineering North America, has set up a US$1.5 billion U.S. Commercial Paper Program,...
WOQOD and Shell Lubricants ink deal on supply of premium lubricants
DOHA: Qatar Fuel Company (WOQOD) and Shell Lubricants signed an agreement over the supply of finished premium lubricants. Under the agreement, Shell will provide WOQOD...
Woodside announces first oil from Greater Enfield
PERTH, AUSTRALIA: Woodside Energy has notified that on 25 August 2019 the Greater Enfield Project produced first oil through the Ngujima-Yin floating production storage and...
Al Salam Bank’s H1 profit rises by 30 percent to USD 32.62 million
BAHRAIN: Al Salam Bank-Bahrain, the pioneering Shari’a-compliant bank in the Kingdom of Bahrain, posted a net profit attributable to shareholders of BHD 12.31 million (USD...