Arab Bank Group first half 2021 net profits grow by 20%

Arab Bank Group reported net income after tax of $182.4 million as compared to $152.1 million for the same period last year, recording a growth of 20%. During the first quarter of 2021, Arab Bank consolidated the financial statements of…

ALEC signs regional partnership with leading RAS supplier

ALEC E&C signs partnership with MAT Filtration Technologies and MAT-KULING for land-based aquaculture, water treatment projects and water filtration. ALEC Engineering and Contracting L.L.C (ALEC), has signed an exclusive strategic partnership with Norwegian-based MAT Filtration Technologies and MAT-KULING for land-based…

Philip Morris International Inc. Announces Firm Offer to Acquire Vectura Group plc

Acquisition Accelerates PMI’s Beyond Nicotine Strategy and Expands its Product Pipeline Development Capabilities in Inhaled Therapeutics Philip Morris International Inc. (PMI) (NYSE: PM) announced it has agreed with the board of Vectura Group plc (Vectura) (LSE: VEC) on the terms of an all-cash,…

Fertin Pharma

Philip Morris International Announces Agreement to Acquire Fertin Pharma

The acquisition of Fertin Pharma advances PMI’s goal to become a majority smoke-free business by 2025 and creates growth opportunities beyond nicotine. Philip Morris International Inc. (PMI) (NYSE: PM) announced today it has entered into an agreement to acquire Fertin Pharma A/S (Fertin…

Electric Heat Exchanger

Watlow´s New HELIMAX™ Ultra-Efficient Electric Heat Exchanger

Reduce Heat Exchanger Maintenance Intervals with Watlow´s New HELIMAX™ Ultra-Efficient Electric Heat Exchanger Watlow®, an industry leader in the design and manufacture of complete thermal systems, introduces its new HELIMAX™ ultra-efficient electric heat exchanger with Continuous Helical Flow Technology™, which…

UK and Jordan Trade Agreement

UK and Jordan Trade Agreement comes into effect

The Jordan-UK Association Agreement will ensure ambitious trade cooperation with Jordan while also securing continued preferential trade for British and Jordanian businesses and consumers helping to boost vital trade and investment. The new Association Agreement reaffirms the deep interest of…