DOHA: Qatar International Islamic Bank has begun a business tour involving a series of meetings with investors in several countries, as the bank plans to issue a USD denominated Sukuk. Qatar International Islamic Bank (QIIB), appointed Standard Chartered Bank as…
OLDWICK: AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating of B (Fair) and the Long-Term ICR of “bb+” of The Order of United Commercial…
NEW YORK: S&P Global Ratings has lowered the issuer credit rating to ‘CC’ from ‘CCC’ on APC Automotive Technologies Intermediate Holdings LLC (APC), and the issue-level rating on the first-lien term loan due 2024 to ‘CC’ from ‘CCC’ to reflect…
LONDON: Mothercare UK Limited (Mothercare UK) and Mothercare Business Services Limited (MBS) have announced further steps in the restructuring of the Group to return to being a sustainable and profitable business. Mothercare plc earlier on 5 November 2019 had announced…
ISLAMABAD: Japan, which is already undertaking various training programs in the energy sector of Pakistan for emerging energy and LNG markets, will soon a training program specifically designed for Pakistan. Kuninori Matsuda, the Ambassador of Japan to Pakistan along with…
ISLAMABAD: Pakistan’s corporate sector regulator has launched an exclusive startup portal to encourage technology innovation in the country during the ‘Startup Grind Pakistan’ conference in Islamabad. The portal features list of startups, simplified user experience for registration, access to mentors…
SINGAPORE: BW LPG Limited has entered into a Memorandum of Agreement (MOA) to sell the remaining two Large Gas Carriers (LGCs) in the fleet BW Nantes and BW Nice, both built in 2003 and with a carrying capacity of 59,400…
BARCELONA, SPAIN:Visa has launched a suite of innovative security capabilities to help prevent and disrupt payment fraud, breaking new ground in cyber security and fraud prevention across Central & Eastern Europe, Middle East and Africa (CEMEA) at the Visa CEMEA…
SURREY, UK: AFC Energy has unveiled the branding of its inaugural range of product lines. AFC Energy is a UK based leading provider of hydrogen power generation technologies. In recent years, AFC Energy’s alkaline fuel cell technology has become synonymous…
VANCOUVER / ACCESSWIRE: AMPD Ventures Inc. has announced that it is now listed on the Frankfurt Stock Exchange and is trading under the symbol 2Q0. The Frankfurt Stock Exchange is one of the world’s largest trading centers for securities, and…
LONDON: Radian Group and Yarlington have formally entered into a new partnership, creating an organisation that manages 38,000 homes and assets with 79,000 customers living in their homes across the south and south west of England. From 4 November 2019,…
DUBAI: Amanat Holdings PSJC announced its consolidated financial results for the nine-month period ended 30 September 2019 recording an increase of 38% in net profit to reach AED 33.4 million in 9M-2019. Amanat Holdings is the GCC’s largest healthcare and…