The book building process of Pak Qatar Family Takaful Limited’s IPO will start on 11th December and continue till 12th December where high net worth individuals and institutional investors will subscribe to 100 percent of the issue size. The successful bidders, however, will be provisionally allotted only 75 percent of the issue size; i.e., 37,500,000 shares, and the company will …

ABU DHAB: MERED, the award-winning international real estate developer, has appointed NSCC International as the enabling works contractor for Riviera Residences, its landmark waterfront development designed by Pritzker Prize-winning architects Herzog & de Meuron on Al Reem Island, Abu Dhabi. The appointment marks another significant milestone in the construction of one of the capital’s most anticipated residential projects. With this …

LAHORE: The Sri Lanka Convention Bureau (SLCB), functioning under the Ministry of Foreign Affairs, Foreign Employment and Tourism, in collaboration with the Sri Lanka High Commission in Islamabad, Sri Lanka Consulate General in Karachi and SriLankan Airlines, is pleased to announce the launch of a two-city B2B roadshow in Karachi and Lahore. This initiative forms part of SLCB’s ongoing efforts …

By Rafiq Vayani DUBAI: Emirates is ending 2025 on a sky-high note with another 5 global accolades won, this time at the 32nd annual World Travel Awards, held in Bahrain. Adding to its impressive portfolio of more than 20 accolades received in 2025, the latest titles celebrate Emirates as a leading airline brand, as well as recognising its multi award-winning inflight …

News Desk KARACHI: In a continued effort to deepen ties and expand its footprint in the Pakistan market, Sri Lanka Tourism has successfully concluded a B2B Roadshow and networking evening in Karachi held on the 10th December 2025. Organized by Sri Lanka Convention Bureau (SLCB), functioning under the Ministry of Foreign Affairs, Foreign Employment and Tourism in collaboration with the …

News Desk DUBAI: Dubai Duty Free reached an historic milestone on December 9th when the airport retailer passed AED8 billion in sales for the first time in its 42-year history. The sale of a twin pack of Marlboro Lights purchased for AED371 by an Indian passenger travelling to Delhi was the item that pushed sales over the AED8 billion mark. …

By Rafiq Vayani RIYADH: beOnd, the world’s first premium leisure airline, today announced that it has begun the process to launch an airline and receive an Air Operator Certificate (AOC) in the Kingdom of Saudi Arabia, pursuant to the General Authority of Civil Aviation (GACA). The announcement positions beOnd at the heart of the Kingdom’s ambitious tourism and aviation vision. …

Kot Addu Power Company Limited (KAPCO) has resumed operations and rejoined the national grid after more than ten weeks of suspension that began on October 1, 2025. With the tariff issue resolved, KAPCO’s return strengthens supply reliability in southern Punjab and restores a key Black Start–capable facility to the national system. The interruption occurred due to tariff limitations linked with …

By Rafiq Vayani DUBAI: Expo City Dubai Authority and Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, have teamed up to enhance the banking facilities available to Expo City’s diverse business community, boosting operational efficiency and enabling businesses to launch, scale and thrive. The partnership, formalised with the signing of a Memorandum …

News Desk KARACHI: A US-based data center operator Datarocx and Data Vault, Pakistan’s first dedicated AI data center, have signed a strategic partnership aimed at transforming Pakistan into a regional hub for artificial intelligence and high-performance computing. Under the partnership, Datarocx will extend its US operations into Pakistan, while Data Vault will serve as the sovereign, in country AI infrastructure …