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Business & Finance

Etihad Airways reports strong start to 2020 with second quarter heavily impacted by Covid-19

By Rafiq Vayani
August 6, 2020 UTC
in :  Business & Finance, News, Travel

ABU DHABI: Etihad Airways (Etihad), has provided details of its half-year (H1: January-June)2020 performance, which saw a strong start to the year, with the airline progressing well ahead of its transformation plan targets. This included its best monthly results to date for February, prior to the impact of Covid-19, the subsequent closure of international borders, and the suspension of flights …

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Lipton Pakistan launches Watermelon Mint Green Tea

By Rafiq Vayani
August 6, 2020 UTC
in :  Business & Finance, News

KARACHI: Lipton Pakistan, part of Unilever’s extensive brand portfolio,has unveiled new offerings for the summer as part of its green tea range. The freshly brewed delight has been launched in watermelon mint flavour for a cold or hot brew, presenting a summer twist to healthy regimes in a fruity flavor. Lipton’s Watermelon Mint Green Tea is a burst of sweet …

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Emirates Airline to resume its A380 service to Toronto

By Rafiq Vayani
August 6, 2020 UTC
in :  Business & Finance, News, Travel

News Desk DUBAI: The iconic Emirates A380 will begin serving travellers on flights to Toronto starting 16 August. The airline has so far resumed A380 operations to Amsterdam, Cairo, Paris, London Heathrow and Guangzhou (8 August) – taking its A380 network to six cities. The Emirates A380 experience remains a favourite amongst travellers for its spacious and comfortable cabins and the airline …

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Meezan Bank unveils electronic subscription to IPOs for corporate customers

By Rafiq Vayani
August 6, 2020 UTC
in :  Business & Finance, News

KARACHI: Meezan Bank, Pakistan’s first and largest Islamic bank has successfully launched electronic subscription to IPOs (Initial Public Offerings) for its corporate customers via CDC’s (Central Depository Company) newly launched Master TREC Module in Centralized eIPO System (CES). Using Master TREC in CES, Meezan Bank will allow registered Master TREC Holders (Brokerage Houses) to make payments electronically on behalf of their …

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Siraj Teli announces names of incoming Office Bearers

By Rafiq Vayani
August 5, 2020 UTC
in :  Business & Finance, News

By Rafiq Vayani KARACHI: Chairman Businessmen Group (BMG) & Former President Karachi Chamber of Commerce & Industry (KCCI) Siraj Kassam Teli has announced names of incoming Office Bearers of Karachi Chamber for the year 2020-21. According to the announcement, BMG leadership has agreed to elect Shariq Vohra as President, Saqib Goodluck as Senior Vice President KCCI and Shamsul Islam as …

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Rehan Shaikh joins Standard Chartered Bank Pakistan as Chief Executive

By Rafiq Vayani
August 5, 2020 UTC
in :  Business & Finance, News

News Desk KARACHI: Standard Chartered Bank (Pakistan) Limited today confirmed that Rehan Shaikh has joined the bank in Pakistan as the new Chief Executive Officer. His appointment is being announced post receiving all regulatory approvals. Rehan has over 35 years of banking experience, whereby most recently he was the CEO Islamic Banking, based in Dubai, UAE. Rehan has a consistent …

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Locally grown BinSina Pharmacy celebrates 55th anniversary in UAE

By Rafiq Vayani
August 5, 2020 UTC
in :  Business & Finance, News

News Desk DUBAI: This month, BinSina Pharmacy – Dubai’s first-ever licensed pharmacy-celebrates 55 years of its foundation and success in the United Arab Emirates. An Al Khayyat Investments (AKI) brand, BinSina Pharmacy is one of the UAE’s leading pharmacy chains with ambitious plans to further expand its operations across the GCC region. Established in 1965, the chain prides itself in …

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FrieslandCampina launches new organic milk formula Organic FRISO PRESTIGE® BIO in Hong Kong

By Rafiq Vayani
August 5, 2020 UTC
in :  Business & Finance, News

Media OutReach Newswire HONG KONG: As one of the world’s leading and largest dairy cooperatives with almost 150 years of Dutch dairy heritage and expertise, FrieslandCampinais committed to providing better nutrition for the world while ensuring a good living for the farmers and creating a sustainable natural environment for now and for generations to come. In response to the rising …

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Emirates Airline resumes flights to Kuwait City and Lisbon, expanding its network to 70 destinations

By Rafiq Vayani
August 4, 2020 UTC
in :  Business & Finance, News, Travel

News Desk DUBAI: Emirates has announced it will resume passenger services to Kuwait City (5 August) and Lisbon (16 August). This will take Emirates’ passenger network to 70 destinations in August, over 50% of its pre-pandemic destination network, as the airline gradually resumes operations with the safety of its customers, crew and communities as its top priority. Flights from Dubai …

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Network International powers Careem’s digital payments initiative

By Rafiq Vayani
August 4, 2020 UTC
in :  Business & Finance, News, Travel

News Desk DUBAI: Network International, the leading enabler of digital commerce across the Middle East & Africa (MEA) today announced that Careem joins its growing list of issuer processing clients. The five-year agreement will see Network International process prepaid cards on behalf of Careem in five countries: United Arab Emirates, Saudi Arabia, Egypt, Jordan, and Pakistan. The project is part of Careem’s digital …

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