SYDNEY: Westpac New Zealand Limited Chief Executive Officer, David McLean has today announced he will be retiring after more than 20 years with the Group. Mr McLean joined Westpac New Zealand in 1999 and held a number of senior roles…
WELLINGTON: Chief Executive Officer of Arvida Group Limited, Bill McDonald, would be stepping down from his position at the end of September to pursue personal interests, the company announced. “Bill has done a fantastic job leading Arvida through an NZX…
AUCKLAND: New Zealand’s Exchange (NZX) today launched New Zealand’s first carbon efficient indices in partnership with the world’s leading index provider, S&P Dow Jones Indices (“S&P DJI”), amid rapidly growing investor interest, and action globally to reduce carbon emissions and…
SONORA: Drysdale Properties, among the nation’s 100% woman-owned companies, announced its acquisition of Berkshire Hathaway HomeServices California Realty. The Sonora professionals are joining forces with the larger Bay Area Berkshire Hathaway HomeServices brokerage to enhance services, tools, and reach. The…
ABU DHABI: Abu Dhabi National Energy Company (TAQA) announced today the successful placement of an aggregate US$1.5 billion in 7-year and 30-year dual-tranche senior unsecured notes. The 7-year notes, sized at $750 million and maturing April 2028, were issued at…
DUBAI: Dubai Investments PJSC has reported a surge in Q1 2021 net profit to AED 123.8 million compared to a loss of AED 6.8 million in the same period last year. Total income increased to AED 637.6 million compared to…
DOHA: All of Qatar Stock Exchange listed companies – with the exception of Qatar General Insurance & Reinsurance Company – have disclosed their financial results for the period ended March 31, 2021. The results show a net profit of QR…
Pakistan State Oil (PSO), Pak Arab Refinery Limited (PARCO) and Pak Arab Pipeline Company (PAPCO) will jointly develop a 20-km pipeline link between Karachi port and Port Qasim for fuel transportation
AMSTERDAM: VDL Groep B.V. has forwarded an indicative proposal to Neways Electronics International N.V. to acquire all outstanding shares in the capital of Neways. VDL Groep is a large shareholder in Neways. The indicative offer price is EUR 12.50 (cum…
KARACHI: Supernet Limited, a wholly owned subsidiary of Telecard Limited, is exploring the option of listing its shares on Pakistan Stock Exchange (PSX) through an initial public offering, a bourse filing said. Telecard is actively looking towards enhancing its footprint…
SANDNES: Horisont Energi, the Norwegian carbon tech start-up, is further expanding its commitment to clean energy by joining the European Clean Hydrogen Alliance (ECH2A). The European Clean Hydrogen Alliance was formed as part of the European Union’s New Industrial Strategy…
LONDON: Diversified Gas & Oil plc (DGO) announced the $135 million conditional acquisition of certain Cotton Valley upstream assets and related facilities primarily in the state of Louisiana from Indigo Minerals LLC. Diversified Gas & Oil plc’s strategy of acquiring…