Aamir Khan appointed head of Pakistan’s corporate sector watchdog
ISLAMABAD: Pakistan government has appointed eminent financial sector professional Aamir Khan as Chairman of the Securities and Exchange Commission of Pakistan (SECP), corporate and insurance...
FairFX acquires international payment business of Hermex
LONDON: FairFX plc, a subsidiary of Equals Group has acquired the International Payments business of Hermex International Limited, part of the FXPro Group, for a...
Highland commences CBD sales in UK
LONDON: Highlands Natural Resources has announced that its wholly owned, vertically integrated CBD subsidiary, Zoetic has commenced sales in the UK via its website www.zoetic.uk.com....
Circle Property acquires Maidenhead office park for £14.6mn
LONDON: Circle Property Plc has announced the acquisition of Concorde Park, Concorde Road, Maidenhead, a south east office park for £14.6 million. Circle Property invests...
IWG announces strategic partnership in Taiwan
LONDON: IWG has entered into a second strategic partnership with TKP Corporation. IWG will divest its Taiwanese operations to TKP and the parties have agreed...
AM Best affirms credit ratings of Polskie Towarzystwo Reasekuracji
AMSTERDAM: AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” of Polskie Towarzystwo...
Long term issuer credit rating of Arab Orient Insurance upgraded
LONDON: AM Best has upgraded the Long-Term Issuer Credit Rating to “bbb+” from “bbb” and affirmed the Financial Strength Rating of B++ (Good) of Arab...
Credit ratings of Bahrain Kuwait Insurance remain stable
LONDON: AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Bahrain Kuwait Insurance Company....
Financial strength ratings of Russian Reinsurance Company affirmed
LONDON: AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” of Russian Reinsurance Company JSC....
Delta Air Lines appoints general sales agent in Pakistan
KARACHI: Delta Air Lines has appointed Air Transport Activities (Pvt) Ltd., part of the Avari Group, as its General Sales Agent (GSA) to strengthen the airline’s...
EFG Hermes reports 49% growth in net profits
CAIRO, EGYPT: EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), reported solid results for second quarter of 2019. Group recorded a...
Oisix ra daichi establishes Future Food Fund
TOKYO: Oisix ra daichi Inc. has announced the establishment of Future Food Fund Inc., an investment-management subsidiary to promote corporate venture capital aimed at investing...