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...
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...
ADB approves $500mn loan for Pakistan
KARACHI: Asian Development Bank (ADB) has approved a $500 million loan for Pakistan to support and improve trade competitiveness and exports and help finance the...
KIA introduces first-ever all wheel vehicle in Pakistan
KARACHI: KIA Lucky Motors (KLM) has launched the much-awaited, Pakistan’s first all-wheel 2000 CC SUV. KIA Sportage is Pakistan’s first All-Wheel Drive car with 100,000...
Iconic Labs to acquire Social Alchemist Limited
LONDON: Iconic Labs has agreed Heads of Terms to acquire social media agency Social Alchemist Limited, which will bolster Iconic Labs’ offering, build critical mass...
Capella Space signs agreement with Addvalue for use of its IDRS
SAN FRANCISCO: Capella Space has entered into an agreement with Addvalue for use of its Inter-Satellite Data Relay System (IDRS) via Inmarsat’s global L-Band satellite...
Rostelecom agrees to acquire Alliance Telecom Group
MOSCOW, RUSSIA: Rostelecom, the largest digital service provider in Russia, announced that its subsidiary Bashinformsvyaz (Bashtel) has signed an agreement to acquire a 100% stake...
Georgia Capital acquires 80% stake in Green School LLC
LONDON: Georgia Capital PLC has signed a share purchase agreement to acquire an 80% equity interest in Green School LLC. The transaction values Green School...
LSEG acquires Refinitiv for $27bn to become largest global FMI provider
LONDON: London Stock Exchange Group plc (LSEG) has agreed definitive terms with a consortium including certain investment funds affiliated with Blackstone as well as Thomson...
Pasha Brands announces acquisition of Earth Dragon Organics
VANCOUVER – CNW: Pasha Brands Ltd., Canada’s largest craft cannabis brands organization, has announced the acquisition of a national brand known as Earth Dragon Organics...
Finablr renews concession agreement with London Heathrow Airport
LONDON: Finablr PLC announced that one if its subsidiaries, Travelex (UK) Limited has renewed its foreign exchange, ATM and VAT concession agreements with London Heathrow...