CoStar Group agrees to acquire Ten-X Commercial for $190 million

WASHINGTON: CoStar Group Inc., the leading provider of commercial real estate information, announced plans to acquire Ten-X for $190 million in cash. Ten-X was launched in 2009 with the goal…

NNR May 14, 2020

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AWS announces major enhancements to Amazon Macie

SEATTLE: Amazon Web Services Inc. (AWS), an Amazon.com company, announced a series of major enhancements to Amazon Macie, delivering important new features, greater availability worldwide, and substantially reduced pricing. The…

NNR May 14, 2020

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X5 becomes first Russian retailer to join UN Global Compact

MOSCOW: X5 Retail Group, a Russian food retailer, announced its accession to the UN Global Compact (UN GC), which is an international business initiative in the field of corporate social…

NNR May 12, 2020

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Masroor Mahmud appointed GE’s CEO for Pakistan

LONDON: GE has announced the appointment of Masroor Mahmud as its CEO for Pakistan. He is mandated with driving the company’s growth in the country and aligning business strategy across…

NNR May 11, 2020

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Covid lockdown dampens business optimism in Pakistan: D&B Reports

KARACHI: The findings of the Dun & Bradstreet's Business Optimism Index (BOI) for the first quarter of 2020 released on Monday shows that enforcement of the Covid-19 lockdown in the…

NNR May 11, 2020

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Bahrain Telecom repays its $650 million bond due on 1st May 2020 and $450 million term loan

MANAMA, BAHRAIN: Bahrain Telecommunication Company (Batelco) has repaid in full US$ 473 million of the outstanding senior unsecured bond issued by a subsidiary company and due on 1st May 2020.…

NNR May 10, 2020

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Nabil Habayeb named Senior VP of GE and President & CEO of Global Growth Organization

DUBAI: Nabil Habayeb, GE’s President and CEO for the Middle East, North Africa and Turkey, has been named Senior Vice President, GE, and President & CEO, Global Growth Organization (GGO)…

NNR May 9, 2020

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Microsoft shares guidelines on cybersecurity and data protection during COVID19 lockdowns

NEW YORK: To keep devices safe from cyber attacks during COVID19 lockdowns, Microsoft has shared some useful guidelines on cybersecurity and data protection. “Our world has changed dramatically over the…

NNR May 9, 2020

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PIA chooses Amadeus as its long-term distribution partner to drive future growth

KARACHI: Pakistan International Airlines (PIA) has reached a landmark agreement in distribution with Amadeus, the leading travel technology company, giving PIA full access to Amadeus’ global travel seller network. Through…

NNR May 6, 2020

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Nazim Efendiev appointed CEO of Metalloinvest

MOSCOW: Metalloinvest Finance, a leading global iron ore and HBI producer and supplier and one of the regional producers of high-quality steel, has announced the appointment of Nazim Efendiev as…

NNR May 6, 2020

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Alfa Financial announces new contract win with an auto finance solutions provider

SYDNEY: Alfa Financial Software Holdings, a leading developer of mission-critical software for the asset finance industry, announced a new contract win with a leading provider of auto finance solutions. Company…

NNR May 5, 2020

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Trichome Financial Platform launches Trichome Special Opportunities and Trichome Advisory Partners

TORONTO: Trichome Financial Corp. has announced the launch of Trichome Special Opportunities (TSO), a private equity unit focused on providing strategic capital to companies operating across the cannabis value chain…

NNR May 4, 2020