DWF to acquire Spanish law firm RCD for €50.5 million December 11, 2019 LONDON: DWF Group has reached a definitive agreement to acquire Rousaud Costas Duran (RCD), an independent Spanish law firm, for up to €50.5 million…
Amazon’s investment in Deliveroo raises competition concerns December 11, 2019 LONDON, UK: The Competition and Markets Authority (CMA) has flagged competition concerns over Amazon’s investment in Deliveroo. “Amazon’s investment in Deliveroo raises serious competition…
EFG Hermes successfully concludes advisory on landmark Aramco IPO December 11, 2019 RIYADH, KSA: EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), announced that its investment banking team has successfully completed advisory…
Pakistan’s automobile sales decline 44% in November 2019 December 11, 2019 KARACHI: Pakistan Automotive Manufacturers Association (PAMA) published monthly automobile sales data for November 2019 wherein passenger car (PC) sales plummeted 44% to 8,524 units,…
Comments on credit ratings of ARABIA Insurance Company December 10, 2019 BEIRUT: AM Best has commented that the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb” of…
AM Best maintains U.S. commercial lines insurance market outlook at stable December 10, 2019 NEW YORK: AM Best has maintained a market segment outlook of stable on the U.S. commercial lines industry for 2020, citing factors such as…
Kongberg to provide PROTECTOR Remote Weapon Station to Danish Army December 10, 2019 OSLO, NORWAY: Kongsberg Defence & Aerospace AS has signed a contract with the Danish Ministry of Defence Acquisition and Logistics Organisation (DALO) for delivery…
Overseas Investors Chamber holds 2nd Women Empowerment Awards December 10, 2019 KARACHI, PAKISTAN: ‘The Overseas Investors Chamber of Commerce and Industry (OICCI) and its member companies are role models for empowering women at the workplace…
Hargreaves Raw Material Services acquires DK Recycling December 10, 2019 LONDON: Hargreaves Services plc announced an acquisition by its German associate company, Hargreaves Raw Material Services GmbH (HRMS), which furthers its strategy of creating…
Danakali receives $50mn strategic investment from AFC December 10, 2019 LONDON: Danakali Limited, a potash company focused on the development of the Colluli Sulphate of Potash Project, has received the proceeds of the first…