DUBAI: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, announced its full-year financial results for 2020 with the Bank reporting a total income of AED 2.1 billion. Emirates Islamic’s balance sheet remains healthy with strong impairment…
DUBAI: Emirates NBD delivered a net profit of AED 7.0 billion in 2020 despite a challenging operating environment, a news release said. Total income increased 4% y-o-y as the positive contribution from DenizBank helped offset a decline in net interest…
AUCKLAND, NZ: Blis Technologies along with their e-commerce and digital agency RooLife have officially launched the BLIS PROBIOTICS product range in China on Alibaba’s Tmall Global marketplace Partnering with RooLife Group who specialise in China targeted E-Commerce and digital marketing…
AUCKLAND: Vital Limited announced that Jason Bull, currently in the role of Chief Financial Officer, will transition to Chief Operating Officer effective 1 February 2021. Vital over the last 4 years has been focused on transforming the company for future…
TORONTO: Heritage Cannabis Holdings Corp. has completed the acquisition of all of the issued and outstanding securities of Premium 5 Ltd., a news release said. Premium 5 is a Canada-based recreational and medical cannabis company and market leader in high-quality…
VANCOUVER: Havn Life Sciences Inc. has entered into a definitive agreement to acquire all of the outstanding share capital of GCO Packaging and Manufacturing Ltd., which operates a large scale manufacturing, packaging and distribution facility, in British Columbia, in exchange…
PARIS: Air Liquide has completed the construction of the world’s largest PEM (Proton Exchange Membrane) electrolyzer, a news release said. Supplied with renewable energy, this unit is now producing up to 8.2 tonnes per day of low-carbon hydrogen in Bécancour,…
HELSINKI: On January 22, 2021 S&P Global Ratings (S&P) changed the trend of economic risk for Finland’s Banking Industry Country Risk (BICRA) to stable from negative. The Finnish economy and banking sector are performing better than many other European countries…
LONDON: Exact Therapeutics AS announced the appointment of Dr Hilary McElwaine-Johnn as Chief Medical Officer. Dr McElwaine-Johnn will be based at the newly opened London office of EXACT-Tx at the Translation & Innovation Hub (i-Hub) at White City. “We are…
OSLO: DFDS today entered into an agreement to acquire 100% of HSF Logistics Group, a news release said. DFDS acquires the HSF Logistics Group for a debt-free price of DKK 2.2bn (EUR 296m). The acquisition will be made by a…
ZURICH: The Board of Directors of Kongsberg Automotive ASA announced Mr. Joerg Buchheim as new CEO and President of Kongsberg Automotive ASA, effective May 1st, 2021. He currently serves as President & CEO of Inalfa Roof Systems, Netherlands. “Joerg Buchheim…
TORONTO: AEX Gold Inc. announced that Jaco Crouse has been appointed as the new Chief Financial Officer (CFO) of AEX effective immediately, replacing George Fowlie who has stepped down as the CFO but remains on the Board as a Director….