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Business & Finance

British Airways 747 to become film set in new home at Dunsfold Aerodrome

By Rafiq Vayani
October 22, 2020 UTC
in :  Business & Finance, News, Travel, World

LONDON: A British Airways 747 will today depart for Dunsfold Aerodrome where it will begin its new life as a TV and film set. The aircraft, registration G-CIVW, will depart from Cardiff Airport at 1.30pm as flight number BA1978E, landing in to Dunsfold Aerodrome in Surrey at 2.15pm. On landing it will be handed over to the airport which will …

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COVID-19 response: Emirates SkyCargo to set up the world’s largest GDP compliant air cargo hub in Dubai for global distribution of Covid-19 vaccine

By Rafiq Vayani
October 22, 2020 UTC
in :  Business & Finance, News, Travel, World

By Rafiq Vayani DUBAI: Emirates SkyCargo is stepping up its readiness to handle the logistical complexities of distributing a potential COVID-19 vaccine globally by creating the world’s first dedicated airside cargo hub for the vaccine in Dubai. The air cargo carrier is taking a global leadership position by announcing that it will be re-opening its Emirates SkyCentral DWC cargo terminal …

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Emirates Airline to operate A380 to Amman as part of expanded schedule

By Rafiq Vayani
October 22, 2020 UTC
in :  Business & Finance, News, Travel

News Desk DUBAI: Emirates will be providing more options and choice for its customers in Jordan with the introduction of scheduled Airbus A380 services to Amman as part of its expanded schedule of 10 weekly services. The expanded flight schedule between Dubai and Amman demonstrates the airline’s commitment to safely connect customers to and through Dubai to the Americas, Europe, Africa, …

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COTHM Karachi celebrates International Chefs Day at Marriott Hotel

By Rafiq Vayani
October 22, 2020 UTC
in :  Business & Finance, News, Travel

By Sumaiya Shahadat / Rafiq Vayani International Chefs’ Day is an annual event. This international observance is considered to be a symbolic day for every chef around the world. The objective of International Chefs’ Day is to create awareness about healthy food, promote Culinary Industry of Pakistan and acknowledge the noble profession. In collaboration with Shangrila Foods, College of Tourism …

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Etisalat Group reports a 6% increase in consolidated Net Profit for Q3 2020 to AED 2.4 billion

By Rafiq Vayani
October 22, 2020 UTC
in :  Business & Finance, News

News Desk Etisalat Group today announced its consolidated financial statement for the Q3 2020 ending 30th September 2020. Q3 Financial Highlights and Key Developments Aggregate subscriber base reached 149 million; representing Year over Year increase of 1%. In Q3 2020, consolidated revenues reached AED 13.0 billion, while consolidated net profit after Federal Royalty amounted to AED 2.4 billion, an increase of …

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Aisha Steel takes lead in the flat steel sector

By Rafiq Vayani
October 21, 2020 UTC
in :  Business & Finance, News

News Desk The Board of Directors of Aisha Steel Mills Limited (ASL) announced the financial result for 1QFY21 today, where the company posted its highest ever quarterly profit since inception of PKR 660 million translating into EPS PKR 0.82. Pertinently, sales of the company grew by a stunning 82% YoY as the company undertook expansion in its CRC capacity to 700,000 …

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UK fintech major Paymentology enters Middle East’s$200 billion digital payments market

By Rafiq Vayani
October 21, 2020 UTC
in :  Business & Finance, News

News Desk Paymentology, an innovative payment technology solutions provider, has entered the Middle East’s US$200 billion digital payments market by setting up its regional office in Dubai recently. The company has been granted a license to operate by the Dubai Financial Services Authority (DFSA). This will help the United Kingdom-based financial technology (Fintech) solutions provider to offer more advanced digital …

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Emirates honoured with Best Airline Worldwide award, tops four other categories at Business Traveller Middle East Awards 2020

By Rafiq Vayani
October 21, 2020 UTC
in :  Business & Finance, News, Travel

By Rafiq Vayani DUBAI: Emirates has earned top spot at the Business Traveller Middle East Awards 2020, sweeping four awards including the coveted ‘Best Airline Worldwide’ award for the seventh consecutive year. The airline also took home ‘Airline with the Best First Class’, ‘Airline with Best Cabin Crew’ and ‘Best Airport Lounge in the Middle East’. The wins underscore Emirates’ …

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BankIslami won Pakistan IP Excellence Award 2020 for Most Innovative Banking Solutions

By Rafiq Vayani
October 21, 2020 UTC
in :  Business & Finance, News

News Desk BankIslami, one of the most technologically advanced Islamic bank with 340+ branches in more than 116 cities, wins Pakistan IP Excellence Award 2020 in the category of “Best IP Management” and “Most Innovative Banking Solutions.” The prestigious IP Excellence Award provides rewards & recognition to motivate businesses and individuals to go above and beyond within the fields of …

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BASF signs agreement with GO Pakistan for research-based collaboration for automotive industry

By Rafiq Vayani
October 21, 2020 UTC
in :  Business & Finance, News

News Desk BASF has entered a partnership with Gas and Oil (GO) Pakistan to help vehicles improve fuel efficiency and reduce their environmental impact. A memorandum of understanding (MoU) was signed in the presence of Faisal Akhtar, Managing Director, BASF Pakistan and Zeeshan Tayyeb, Chief Operating Officer, GO Pakistan.  Under the MoU, GO will use BASF’s wide range of additives …

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