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Business & Finance

Ufone and Canteen Stores Department signs MoU

By Rafiq Vayani
November 14, 2020 UTC
in :  Business & Finance, News

ISLAMABAD: Ufone and Canteen Stores Department (CSD) signed a MoU on Wednesday according to which the Pakistani Telecom Operator will provide services to CSD for digitization and improving customer experience. Brigadier Ahmed Fawad Azim (Retired), Director Commercial, Canteen Stores Department along with Atif Ishaque, GM Enterprise Sales & Services, Shops & Franchise Services, Ufone signed the Memorandum of Understanding along …

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PSDF and Careem partner to create income opportunities for underprivileged youth

By editor
November 12, 2020 UTC
in :  Business & Finance, News

Punjab Skills Development Fund(PSDF) has partnered with Careem under its “Entrepreneurship on Wheels” programme’, with the objective of launching dedicated training for the latter’s rickshaw and delivery captains between September 2020 and July 2021. The training will be conducted by National Highway and Motorway Police (NHMP). Under the programme, 800 rickshaw captains will receive training on road ethics, sign navigation …

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Kashf Foundation and Coca-Cola aim to train hundreds of deserving women

By editor
November 12, 2020 UTC
in :  Business & Finance, News

News Desk LAHORE: Kashf Foundation, with support from The Coca-Cola Foundation, launched 6 state-of-the-art training facilities in Lahore and Faisalabad under a special program titled ‘recycling for women empowerment’ to provide skill based training to hundreds of deserving women belonging to low-income households. This training will equip these women with the skills to make every day use sellable products such …

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Pinsent Masons rolls out Mindful Business Charter in Middle East

By editor
November 12, 2020 UTC
in :  Business & Finance, News

International law firm Pinsent Masons has rolled out its Mindful Business Charter across the Middle East offices in Dubai and Doha. This initiative is to ramp up efforts to eradicate negative working practices that can affect mental health and wellbeing. The roll out on the 9th November, marks an important step in adopting and promoting a culture of openness about mental …

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Mai Dubai wins first ever Dubai Smart Industry Award

By editor
November 12, 2020 UTC
in :  Business & Finance, Lifestyle, News

DUBAI: Mai Dubai, the leading bottled water company in the UAE fully owned by Dubai Electricity and Water Authority (DEWA), announced that it has won the first ever ‘Dubai Smart Industry Award.’ The latest recognition from the Dubai Quality Award is yet another testament to Mai Dubai’s exceptional processes, products and services that harness the potential of technology to generate …

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Emirates Group announces half-year performance for 2020-21

By editor
November 12, 2020 UTC
in :  Business & Finance, News, Travel, World

DUBAI: The Emirates Group today announced its half-year results for its 2020-21 financial year. Group revenue was AED 13.7 billion (US$ 3.7 billion) for the first six months of 2020-21, down 74% from AED 53.3 billion (US$ 14.5 billion) during the same period last year. This dramatic revenue decline was due to the COVID-19 pandemic which brought global air passenger travel to …

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Thai Airways announces its winter flight schedule

By editor
November 12, 2020 UTC
in :  Business & Finance, News, Travel

BANGKOK: Thai Airways International Public Company Limited (THAI) announced winter flight schedule for its operations from 1 January-27 March 2021. Flight details are as follows. Europe• TG910/911 Bangkok-London-Bangkok, one flight per week on Sunday• TG920/921 Bangkok-Frankfurt-Bangkok, one flight per week on Friday• TG950/951 Bangkok-Copenhagen-Bangkok, one flight per week on Sunday Australia• TG475/476 Bangkok-Sydney-Bangkok, one flight per week (depart from Bangkok …

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DAMAC Properties reports revenue of AED3.7 billion and net loss of AED 931 million for 9M 2020

By editor
November 12, 2020 UTC
in :  Business & Finance, News

DAMAC Properties Dubai Co. PJSC (DFM: DAMAC) (“DAMAC” or the “Company”) announced financial results for the first nine months of 2020. Total revenue stood at AED 3.7 billion vs AED 2.8 billion in 9M 2019. Booked sales for the period stood at AED 1.6 billion vs AED 2.4 billion for the similar period last year. Net loss for the period …

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Telemart aims at becoming Pakistan’s best online retail store: Ahmed Rauf Essa

By editor
November 12, 2020 UTC
in :  Blog, Business & Finance, Interviews, Lifestyle

As the big winter season is approaching , retail outlets all around are offering better deals and discounts. Telemart (www.telemart.pk) has also announced some very exciting deals for 2020 winter sales. We tried to get in touch with Telemart for an informal discussion on online retail market and its trends hence We met Ahmed Rauf Essa, who is currently heading …

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Union Coop opens 3rd ‘Coop’ concept store in ‘Al Quoz’

By editor
November 11, 2020 UTC
in :  Business & Finance, News

News Desk DUBAI: Union Coop, the largest Consumer Cooperative in the UAE, opened its third branch of the COOP chain at Al Quoz-1, Dubai. This new branch of the COOP concept comes as part of its expansion strategy to increase its market share by opening new branches of different sizes. The opening ceremony was attended by Mr. Harib Mohammed Bin …

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