Millicom to acquire full control of Tigo Guatemala for $2.2bn

LUXEMBOURG; Millicom has signed an agreement to acquire the remaining 45% equity interest in its joint venture businesses in Guatemala (collectively, “Tigo Guatemala”) from partner for $2.2 billion in cash.…

NNR November 12, 2021

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ITC & Alibaba partner to support digital trade in developing countries

SHANGHAI, CHINA: International Trade Centre (ITC) and Alibaba.com have partnered to launch the "Global Digital Trade Accelerator for MSMEs in Developing Countries" initiative during the ongoing 2021 China International Import…

NNR November 8, 2021

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BHP Group to sell BHP Mitsui Coal for $1.35bn

LONDON, UK: BHP Group signed a deal to sell its stake in BHP Mitsui Coal (BMC), a metallurgical coal joint venture in Queensland, to Stanmore Resources for up to $1.35 billion, a…

NNR November 8, 2021

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Bank Alfalah, Adal Fintech collaborate to provide digital lending

ISLAMABAD, PAKISTAN: Bank Alfalah and Adal Fintech have collaborated to offer digital supply chain financing all over Pakistan, a news release noted. The scope of this alliance is to extend…

NNR November 7, 2021

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Vitol Bahrain, QP Trading offer LNG to Pakistan at up to $30.65/mmbtu

KARACHI: Pakistan LNG Limited (PLL) has received the lowest bids in the range of $29.896/mmbtu to $30.65/mmbtu in response of an emergency tender issued on November 02, 2021 for two…

Bernice Miles November 5, 2021

Wire

IBM separates managed infrastructure services business to Kyndryl

ARMONK, N.Y.: IBM has completed the separation of its managed infrastructure services business to Kyndryl, a news release said. Starting on November 4, 2021, Kyndryl will begin “regular way” trading…

NNR November 4, 2021

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Emirates Recognized for Excellence in Digital Customer Experience

DUBAI: Emirates' marketing team has been recognized by Sitecore, one of the world's leading digital experience platforms, for "Best Use of a Customer Data Platform (CDP)". The award was presented…

NNR November 3, 2021

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Oneweb partners with Redtone Telecommunications Pakistan

KARACHI: OneWeb, the global communications network powered from Space, has signed a Memorandum of Understanding (MoU) for Pakistan with REDtone Telecommunications Pakistan Pvt. Ltd (a PTA licensed telecommunications operator and…

NNR November 3, 2021

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Toyota upgrading Kentucky plant with $461mn investment

GEORGETOWN: Toyota Motor will invest $461 million into its central Kentucky plant to add new technology, increase production flexibility and reduce its carbon footprint. Plans include upgrading the Georgetown plant…

NNR October 30, 2021

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Facebook changes its name to Meta

Facebook has changed its corporate name to Meta as part of a major rebrand. The company said it would better "encompass" what it does, as it broadens its reach beyond…

NNR October 28, 2021

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Zong and REDRETAIL to promote digital payments in Pakistan

ISLAMABAD, PAKISTAN: Zong, Pakistan’s leading telecom and digital services company, has partnered with REDRETAIL (a REDtone Group company) to promote digital payments in Pakistan. This collaboration will allow Zong customers…

NNR October 27, 2021

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HB International announces the biggest satellite play over Pakistan

LAHORE, PAKISTAN: HB International has signed a contract with EAST Satellite Holdings Pty Ltd for a hybrid ultra-high throughput geostationary satellite over Pakistan through ESRA, a new division. HB International…

NNR October 27, 2021