OSLO: As of today, October 26th 2020, Niclas Ward (49) has been appointed CEO of Insr Insurance Group ASA. Mr. Ward has about twenty years of insurance experience from high-level positions at If P&C, and more recently as CEO for…
SYDNEY: Credit Intelligence Limited (CI1) has signed a funding agreement with Clee Capital Pty Limited, a news release said. Clee Capital Pty Limited has raised $1.35 million via the issue of 1.35 million convertible notes to professional and sophisticated investors…
SINGAPORE: CapitaLand Group and Shopee have joined together to pioneering new operating models to help Singapore retailers digitalise, diversify their revenue streams and export their brands overseas, to address ever-evolving consumer preferences in the current COVID-19 landscape. COVID-19 has significantly…
DUBAI: Union Properties PJSC, the iconic real estate developer with a portfolio of diversified subsidiaries, has announced the successful completion of AED 70 million payment towards its largest lender. This payment comes in application of a comprehensive debt restructuring plan, …
DUBAI: Al Mal Capital announced today that it has received the Securities and Commodities Authority of the UAE (SCA) approval to float its newly founded entity, Al Mal Capital REIT, a closed-ended real estate investment trust. Al Mal Capital REIT…
BEIJING: Huawei announced its business results for the first three quarters of 2020. During this period, Huawei generated USD98.57 billion in revenue, an increase of 9.9% over the same period last year. The company’s net profit margin in this period…
KARACHI: The first Emirates flight took off on 25 October 1985 from Dubai to Karachi, marking the birth of a global airline and the establishment of an air transport link between the UAE and Pakistan that has grown from strength…
RIYADH, SAUDI ARABIA: Saudi Arabia, represented by the Saudi Data and AI Authority (SDAIA), and the International Telecommunication Union (ITU) announced a memorandum of understanding (MoU) to collaborate on initiatives aimed at supporting and strengthening efforts to optimize the benefits…
KAMLOOPS: Leading technology solutions provider FuseForward and private funding firm Old Kent Road Financial (OKR), announced the creation of CanShield Solutions, a joint venture designed to meet the growing demand in data centre and cloud services in Western Canada. CanShield…
BOSTON: According to the latest research from Strategy Analytics, three Western European nations including Switzerland, Germany and UK are leaders in terms of 5G as a proportion of total smartphone sales in 2020. Ville-Petteri Ukonaho, Associate Director at Strategy Analytics,…
SINGAPORE: QBE Insurance Group announced that Richard Pryce will assume the role of Interim Group Chief Executive Officer while the search process for a permanent replacement is underway. With Mr Pryce assuming the role of Interim Group Chief Executive Officer,…
SYDNEY: Austal Limited has entered into an agreement to acquire Australian-based BSE Maritime Solutions Group, a news release said. The acquisition of the business is at an enterprise value of A$27.5 million. BSE Maritime Solutions is a leading ship repair…