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Business & Finance

Data Vault Launches Pakistan’s First AI-Focused Green Data Center

By editor
June 27, 2025 UTC
in :  Business & Finance, News

By Rafiq Vayani DUBAI/KARACHI: Data Vault Pakistan has officially launched the country’s first AI-focused data center in Karachi, a groundbreaking initiative set to transform how the nation builds, deploys, and scales artificial intelligence. This next-generation facility is designed to fuel the ambitions of Pakistan’s AI ecosystem, offering unmatched infrastructure for startups, researchers, enterprises, and government agencies. From high-performance GPU computing …

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Exceeding SAR 2.2 Billion – Mawani Signs Privatization Contracts for Multipurpose Cargo Terminals at Eight Saudi Ports

By editor
June 27, 2025 UTC
in :  Business & Finance, News

News Desk RIYADH: In the presence of H.E. Eng. Saleh bin Nasser Al-Jasser, Minister of Transport and Logistic Services and Chairman of the Saudi Ports Authority, Mawani — in collaboration with the National Center for Privatization — signed contracts to privatize multipurpose cargo terminals at eight Saudi ports under a Build-Operate-Transfer (BOT) model spanning 20 years. The agreements were signed …

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DXB set for summer surge with over 3.4 million guests expected in the season kick-off

By editor
June 27, 2025 UTC
in :  Business & Finance, News, Travel

By Rafiq Vayani DUBAI: Dubai International (DXB) is entering a period of sustained peak operations, with more than 3.4 million guests expected to travel through the airport between 27 June and 9 July 2025. Daily volumes are forecast to average over 265,000 with the busiest day on 5 July for both departures and transfer traffic. Dubai Airports, alongside its stakeholders, …

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DRSWA Delegation Meets CBC CEO to Present Resident Demands

By editor
June 26, 2025 UTC
in :  Business & Finance, News

KARACHI: A delegation from the Defence Residents Social Welfare Association (DRSWA), led by Aamir Churra and Moiz Shah, held a constructive meeting with the CEO of Clifton Cantonment Board (CBC), Asif Sheikh Javaid, to discuss key community concerns. During the meeting, the DRSWA team formally presented the “Demands of Residents” document, highlighting urgent civic and infrastructure issues faced by Defence …

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Faysal Bank Honoured for Championing Disability-Inclusive Banking in Pakistan

By editor
June 26, 2025 UTC
in :  Business & Finance, News

KARACHI: Faysal Bank Limited (FBL), one of Pakistan’s leading Islamic banks, has been recognised for its commitment to inclusion and accessibility at the Pakistan PWDs Finclusion Awards 2025. The Bank received the award for “Most Disability-Friendly Branch Network” and was also named Runner-Up for “Excellence in Employment of Persons with Disabilities (PWDs).” The awards ceremony, held in Karachi, was organised …

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Sadar Town Karachi Council Approves Surplus Budget of Rs. 4.38 Billion for FY 2025-26

By editor
June 26, 2025 UTC
in :  Business & Finance, News

KARACHI: The Sadar Town Karachi Council has unanimously approved a surplus budget of Rs. 4 billion 38 crore 4 lac 57 thousand 544 for the financial year 2025-26. The total expenditure for the new financial year is estimated at Rs. 4 billion 37 crore 94 lac 7 thousand 350. The budget shows a saving of Rs. 10 lac 50 thousand …

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Pakistan Dairy Association hosts a National Seminar to celebrate World Milk Day

By editor
June 26, 2025 UTC
in :  Business & Finance, News

News Desk KARACHI: The Pakistan Dairy Association (PDA) recently organized a high-level National Seminar to mark World Milk Day following the theme of “Safe Milk, Safe Nation: Affordable Dairy for a Healthier Nation.” The seminar brought together senior government officials, industry leaders, and dairy experts to promote a national transition towards safer, packaged milk and explore the strategic role of …

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SalamAir Partners with Osprey Flight Solutions to Enhance Aviation Security with Next-Generation Risk Intelligence

By editor
June 26, 2025 UTC
in :  Business & Finance, News, Travel

News Desk MUSCAT: SalamAir, Oman’s low-cost airline, has signed a landmark four-year agreement with Osprey Flight Solutions, appointing them as the airline’s Aviation Security Risk Intelligence Provider. This strategic partnership underscores SalamAir’s commitment to leveraging cutting-edge technology to ensure operational safety and security across its expanding network. As a forward-thinking airline, SalamAir continues to lead the way in adopting innovative …

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Coralytics AI, SNPI and RealtyFeed Unite at VivaTech to Launch Groundbreaking Cross-Border Real Estate Tech Collaboration

By editor
June 26, 2025 UTC
in :  Business & Finance, News

By Rafiq Vayani DUBAI: At the heart of Viva Technology 2025 in Paris-France, three industry-leading entities, Coralytics AI (UAE-based AI Startup), SNPI (France’s National Union of Real Estate Professionals), and RealtyFeed Inc (US-based Data Enabler for MLSs), formally signed an agreement to launch for the French Market a transformative, AI-powered real estate solution rooted in RESO (World Real Estate Standards …

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Bank Alfalah partners with IBA-CEJ for capacity building of content creators on Digital and Financial Literacy

By editor
June 26, 2025 UTC
in :  Business & Finance, News

Web Desk KARACHI: Bank Alfalah, one of Pakistan’s leading commercial banks of Pakistan, partnered with the Center for Excellence in Journalism (CEJ) at IBA Karachi, to conduct EmpowerED, a five-day training program designed to equip digital content creators with essential knowledge in financial literacy, online safety, and responsible digital practices. According to the latest Digital 2025 Global Overview Report, Pakistan …

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Samana Developers Unveils Zero-Down Payment Plan to Transform Dubai Property Ownership

editor
November 18, 2025 UTC

Samana Developers Offers a 100% Interest-Free Path to Ownership for UAE Residents By Rafiq …

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