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Business & Finance

Emirates Airline sets industry-leading safety standard for customers travelling as it resumes operations

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

By Rafiq Vayani DUBAI: Emirates has unveiled multi-faceted measures for employee and customer care at every step of the travel journey, redefining safety and hygiene standards on board and on the ground. The new measures took effect today, with the resumption of regularly scheduled passenger flights to nine destinations. “Emirates is implementing a comprehensive set of measures at every step …

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UAE Food Security Office signs MoU with United Nations’s Food and Agriculture Organization

By Rafiq Vayani
May 20, 2020 UTC
in :  Business & Finance, News

DUBAI: The UAE Food Security Office and the Food and Agriculture Organization of the United Nations (FAO) have taken a significant step forward in joining efforts to strengthen food security in the UAE. The collaboration with FAO targets transforming the Agriculture sector to achieve the SDGs as well as to enhance food safety in the UAE. The partnership has as …

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Nestlé supports global CEPI alliance with CHF 1 million for COVID-19 vaccine search

By Rafiq Vayani
May 20, 2020 UTC
in :  Business & Finance, News

News Desk ABU DHABI: A vaccine against COVID-19 is crucial to end the pandemic and to save lives and livelihoods. The Coalition for Epidemic Preparedness Innovations (CEPI) is playing an important role in funding and speeding up the development of COVID-19 vaccine candidates on a global basis. That is why Nestlé has today announced that it will support CEPI’s efforts with a donation of CHF 1 …

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Peek Freans Sooper launches Public Service Message during Covid-19

By Rafiq Vayani
May 20, 2020 UTC
in :  Business & Finance, Lifestyle, News

KARACHI: At a time when the lockdown has been eased and the country is adjusting itself to a new normal, Pakistan’s leading biscuit manufacturer, EBM, through its mega-brand, Sooper, has launched a Public Service Message urging people to continue exercising caution in order to keep themselves and their loved ones safe from the virus. The message arrives at a crucial …

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Huawei hosts 17th annual Global Analyst Summit

By Rafiq Vayani
May 20, 2020 UTC
in :  Business & Finance, News

News Desk SHENZHEN: Huawei held its 17th annual Global Analyst Summit in Shenzhen, both onsite and online. At the event, Huawei was joined by over 2,000 analysts, key opinion leaders, and media representatives from a range of industries, including telecoms, the Internet, and finance. Together, they discussed how the industry can work together to weather the difficult times, achieve win-win outcomes, …

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Standard Chartered Pakistan contributes USD1 million for COVID-19 emergency relief

By Rafiq Vayani
May 20, 2020 UTC
in :  Business & Finance, News

KARACHI: Standard Chartered Pakistan has contributed USD1 million to Red Cross and UNICEF programmes that are providing emergency relief to communities impacted by the COVID-19 pandemic. In total, USD300,000 will be contributed to the Red Cross for the provision of urgent medical support and USD700,000 to UNICEF for the immediate protection and education of vulnerable children. These donations are part …

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Foodpanda signs long-term partnership agreement with Brandverse

By Rafiq Vayani
May 20, 2020 UTC
in :  Business & Finance, News, Travel

News Desk KARACHI: Brandverse, Pakistan’s largest, fastest and most automated production studio for e-commerce product content has signed a long-term partnership agreement with foodpanda to provide data and content for their recently launched and rapidly expanding grocery delivery service, foodpanda shops. Brandverse will provide foodpanda access to the largest and fastest-growing catalog of FMCG products, delivered in real time to its …

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GE Renewable Energy to Supply Technology for Dasu Hydropower Plant

By Rafiq Vayani
May 20, 2020 UTC
in :  Business & Finance, News

ISLAMABAD: GE Renewable Energy, in consortium with Powerchina Zhongnan Engineering Corporation Limited, announced that it has been selected by Pakistan Water and Power Development Authority (WAPDA) to supply six Francis turbines and generators for Stage 1 of the new Dasu hydropower plant in Pakistan. The 2.2 GW Dasu hydropower project is one of the most important power generation projects in the …

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Investment Corporation of Dubai announces its consolidated financial results

By Rafiq Vayani
May 20, 2020 UTC
in :  Business & Finance, News

DUBAI: Investment Corporation of Dubai (ICD) today announced its consolidated financial results for the year ended 31 December 2019 having achieved Revenues of AED 228.0 Billion and a Net Profit of AED 25.0Billion. Revenues were AED 228.0 Billion, down by 1.9 per cent, with a drop in Oil and Gas revenues and a marginally lower Transportation income offset by higher …

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Dubai Chamber holds second roundtable of year with Business Groups & Business Councils

By Rafiq Vayani
May 20, 2020 UTC
in :  Business & Finance, News

News Desk DUBAI: With the aim of ensuring business continuity and discussing the way forward to mitigate the impact of Covid-19, His Excellency Hamad Buamim, President & CEO, Dubai Chamber of Commerce and Industry affirmed that the Chamber continues to follow and study indicators related to commercial activity in the emirate, and to communicate with the local business community in …

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