DUBAI: DXB Entertainments PJSC announced that the Board of Directors has accepted the resignation of Mr. Mohamed Almulla and has appointed Mr. Remi Ishak as Acting CEO effective 1st January 2021. Mr. Ishak will continue to serve in his role…
KARACHI: Central Depository Company of Pakistan Limited, through its subsidiary ITMinds Limited, has launched the pilot version of a digital platform for the support of the Mutual Fund industry. This platform, named as “Emlaak Financials”, will function as a digital…
TOKYO: Sony Corp announced that its PlayStation 5 (PS5) console would be launched in India in coming weeks. “We are happy to announce that PS5 shall be launched in India on 2nd of February 2021,” a tweet noted. Preorders for…
BEIJING: Tesla Inc has started selling China-made Model Y sport-utility vehicles (SUV) and will deliver them to customers this month, a news release said. China, which offers hefty subsidies for electric vehicles as it seeks to cut down on pollution…
NEW YORK: Concentric AB has acquired Allied Enterprises LLC, a US manufacturer of transmission products for the construction, agricultural, material handling and stationary power markets, a news release said. Allied Enterprises has a production facility in Muncie, Indiana, USA and…
SINGAPORE: The Board of Directors of Intraco Limited has entered into a limited partnership agreement in relation to the investment of RMB 5 million (approximately S$1 million) into the Chongqing Liangjiang Sino-Singapore Fintech RMB Equity Investment Fund to be made…
HARRISBURG: An affiliate of Black Bear Sports Group Inc. has acquired Twin Ponds East Arena in Harrisburg PA. The Arena features two NHL ice sheets and one smaller training sheet, a café, pro shop and athletic turf designed for baseball…
HALIFAX: Sona Nanotech Inc. has been granted CE Mark status for its rapid, COVID-19 antigen test, a news release said. The CE Mark declares the conformity of the Sona test with EU regulations and allows Sona to commercialize its test…
KARACHI: Pakistan State Oil (PSO) continues to lead the fuel revolution in Pakistan by becoming the first Oil Marketing Company (OMC) to upgrade Pakistan’s diesel fuel standard from Euro 2 to Euro 5. The Company has recently launched its Euro…
OSLO: Pandion Energy AS has entered into an agreement with Wintershall DEA Norge AS (Wintershall DEA) to acquire a 2.5 percent interest in PL 820 S and a 15 percent interest in PL 617. Through this transaction, Pandion Energy increases…
HELSINKI: Sanoma Corp has completed the acquisition of Santillana Spain, a leading Spanish provider of K12 learning materials, from Promotora de Informaciones S.A. (Grupo Prisa). The acquisition was announced on 19 October 2020. Cash and debt free purchase price of…
KUALA LUMPUR: Pertama Digital Berhad, an investment holding company listed on Bursa Malaysia’s Main Market, has announced a collaboration between its portfolio company DAPAT Vista (M) Sdn Bhd and Hektar Asset Management Sdn Bhd to launch DAPAT’s MyPay Coin Deposit…