PhosAgro boosts fertilizer production to a record 9.5 million tonnes in 2019
MOSCOW: PhosAgro, world’s leading vertically integrated phosphate-based fertilizer producer, announced that its 4Q 2019 fertilizer sales volumes increased by 16%…
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Saudi Telecom to acquire Vodafone Egypt’s majority stake for $2.392bn
RIYADH: Vodafone Group has signed a Memorandum of Understanding (MOU) with Saudi Telecom Company (stc) in relation to a potential…
MGC Pharma signs agreement for entry of cannabinoid medicines into new markets
PERTH: MGC Pharmaceuticals Ltd has signed a distribution agreement with Anden Bio Naturals S.A, a leading Peruvian medical products distributor,…
Nestlé expands medical nutrition business with the acquisition of Zenpep
VEVEY, SWITZERLAND: Nestlé S.A has entered into an asset purchase agreement with Allergan to acquire the gastrointestinal medication Zenpep, to…
Emirates Islamic’s net profit surpasses AED 1.0bn mark for the first time
DUBAI: Emirates Islamic (EIB), one of the leading Islamic financial institutions in the UAE, has reported a strong set of…
Bisalloy signs Q&T steel products supply agreement with Leong Jin
SYDNEY: Bisalloy Steel Pty Ltd has announced the signing of a supply agreement with Leong Jin (Changzhou) Special Steel Co….
Vodafone and Sunrise Communications form strategic partnership in Switzerland
LONDON: Vodafone Group and Sunrise Communications Group have announced a new partnership agreement in Switzerland, which began on 1 January…
Questerre Energy completes acquisition of assets in Quebec
CALGARY: Questerre Energy Corporation has received all approvals and closed the acquisition of assets in Quebec pursuant to the purchase…
SHUAA led issuance of GFH Financial Group’s $300mn Sukuk oversubscribed more than two times
DUBAI, UAE: SHUAA Capital, the asset management and investment banking platform created by the merger of SHUAA Capital and Abu…
Coal now contributes 27pc to Pakistan’s overall power generation
KARACHI: Coal-based electricity generation witnessed 94.5 percent growth in November 2019 to reach 2,030 GWh taking coal’s share in country’s…
