SYDNEY: Total passenger traffic at Sydney Airport in June 2020 was 172,000 passengers, down 94.9% on the prior corresponding period. 32,000 international passengers passed through Sydney Airport in June, down 97.6%. Domestic passengers totalled 140,000 for the month, down 93.3%….
DOHA: Qatar Electricity and Water (QEWC) posted a net profit of QR 661 Million (net of non-controlling interests) for the half-year ended June 30, 2020 against QR 620 million for the same period of the year 2019. The Earning per…
SINGAPORE: The global insurance sector rating agency has revised the outlook for New India Assurance Company Limited to Negative from stable earlier, as the company’s deficiencies in financial reporting continue to result in audit qualifications. Whilst the company’s audited accounts…
TORONTO: Halo Labs Inc. has closed its previously announced acquisition of Bophelo Bioscience & Wellness (Pty) Ltd., a news release said. Halo now controls 100% of the issued and outstanding shares of Bophelo. Concurrently with closing, Ms. Louisa Mojela was…
TORONTO: NexTech AR Solutions (NexTech) has launched the new immersive video conferencing software called ScreenAR, a news release said. The new capabilities are seamlessly integrated into its InfernoAR platform using its ARitize app. The new AR features will allow for…
PLANO: Humach LLC, a leading agent and technology outsourcer, has completed the acquisition of InfinitAI, a Colorado-based provider of purpose-built artificial intelligence (AI) technology and conversational design interface for contact center agent assistance. InfinitAI will accelerate Humach’s vision for intelligent…
OSLO: Scatec Solar’s second quarter 2020 proportionate revenues reached NOK 925 million with an EBITDA of NOK 417 million and associated EBITDA margin of 45%. Power production reached 406 GWh on proportionate basis, a doubling of electricity production from the…
OSLO: Fjordkraft Holding ASA has entered into an agreement for the acquisition of 100% of the shares in Innlandskraft AS, a news release said. The key terms of the Transaction are as follows: The Transaction will be structured as an…
LONDON: AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of ARABIA Insurance Company s.a.l. (AIC) (Lebanon). The outlook of these ratings is negative. The ratings reflect AIC’s balance sheet…
OLDWICK: AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” of State Automobile Mutual Insurance Company (State Auto) and its operating subsidiaries. Concurrently, AM Best has affirmed…
PERTH: Azure Minerals Limited has entered into two Tenement Sale and Exploration Joint Venture Agreements with entities controlled by prominent mining prospector Mr Mark Creasy (Creasy Group); one to acquire 60% interest in the Andover nickel-copper project and another to…
MELBOURNE: Alcidion Group Limited has renewed its ongoing support services contract with ACT Health for two further years, a news release said. The contract extension is valued at $1.3 million and effective from 1 January 2021. The contract extension will…