KARACHI: Pakistan’s Economic Coordination Committee (ECC) has approved the new shipping policy, which would strengthen the shipping sector and benefit exporters, Federal Minister for Maritime Affairs Ali Zaidi said on Saturday. “I will hold a press conference next week to…
SINGAPORE: CIMIC Group Company CPB Contractors has been selected by the NSW Government to deliver the Campbelltown Hospital Redevelopment Stage 2 project. The NSW Government funded project will generate revenue of $424 million to CPB Contractors. Construction has commenced and…
LONDON: Cello Health plc, the healthcare-led advisory group, has acquired the trade and assets of Innovative Science Solutions for $10.5 million, a release issued to London Stock Exchange noted. ISS is a scientific consulting firm specialising in strategic counsel and…
LONDON: Telstra Corporation has announced establishment and part sale of an unlisted property trust to own 37 of Telstra’s existing exchange properties, a release issued to London Stock Exchange noted. As part of the transaction a Charter Hall-led consortium will…
LONDON: Etalon Group Company AO, a subsidiary of Etalon Group Plc, has completed the purchase of the remaining 49% of the share capital of Leader-Invest JSC from Sistema PJSFC for RUB 14.6 billion. Etalon Group is one of Russia’s largest…
AMSTERDAM: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Delvag Versicherungs-AG. The outlook of these credit ratings (ratings) remains stable. The ratings reflect Delvag’s balance sheet strength, which…
SINGAPORE: Chu Heng Hwee would resign as the Group Chief Executive Officer of BreadTalk Group Limited with effect from 31 December 2019. The The Board of Directors of BreadTalk Group Limited would like to express its appreciation to Chu for…
SINGAPORE: CIMIC Group’s company CPB Contractors has reached contractual close to deliver Auckland Airport’s Taxiway Mike and Remote Stands Stage 2 project, a critical component in the facility’s major capital works program, a release issued to Singapore Exchange (SGX) noted….
LONDON: Quadrise Fuels International has signed a Memorandum of Understanding (MOU) with Merlin Energy Resources Limited to promote upstream heavy oil projects, a release issued to London Stock Exchange noted. Merlin Energy is an upstream oil and gas consultancy specialising…
LONDON: Gfinity plc has announced that its Australian joint venture, Gfinity Esports Australia, will close at the end of November 2019, a release issued to London Stock Exchange noted. The decision was taken in conjunction with local partner HT&E and…
FRANKFURT: Messe Frankfurt, the largest player in the German trade fair industry is setting a new record of around €718 million sales in 2019. Messe Frankfurt has 30 subsidiaries and 56 sales partners in 190 countries. Pakistan is one of…
ISLAMABAD: Pakistan government has appointed eminent financial sector professional Aamir Khan as Chairman of the Securities and Exchange Commission of Pakistan (SECP), corporate and insurance sector watchdog. Aamir has been working as Commissioner, Specialized Companies Division at SECP. According to…