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Business & Finance

Motivating young minds to be digital leaders; Telenor Microfinance Bank’s APPCON 2019

By editor
December 26, 2019 UTC
in :  Business & Finance, News

KARACHI: Telenor Microfinance Bank’s APPCON 2019 is a digital application development initiative for aspiring individuals in the country. The event invited submissions from leading universities across the country. 3 teams were shortlisted from FAST, IBA and NUST with the winners given cash prizes and an opportunity to qualify for the final round of the Management Trainee/Internship Program 2020. The digital …

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White nicotine pouch brand Velo Pakistan launched

By editor
December 25, 2019 UTC
in :  Business & Finance, News

KARACHI: Marked the official launch of the white nicotine pouch brand Velo Pakistan. Held in the outskirts of Karachi city, the launch party was graced by the presence of the who’s who of Pakistani entertainment industry, all of whom looked ravishing. The act of the night was an aerial hoop dance performance by Filipino performer named Faith. Everyone from Nadia …

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K-Electric and Pak Brunei Investment signs Sukuk documents

By editor
December 25, 2019 UTC
in :  Business & Finance, News

KARACHI: K-Electric plans to issue Pakistan’s largest ever Retail Listed SUKUK in private sector of PKR 25 Billion with seven years’ tenor (including green shoe option of up to PKR 5 Billion), which has been rated AA+ by VIS Credit Rating Agency. Senior members of K-Electric and Pak Brunei Investment Co. Ltd. (Trustee for Sukuk Issue) signing the Sukuk documents …

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King Koil announces unbelievable savings discount during Dubai Shopping Festival

By editor
December 25, 2019 UTC
in :  Business & Finance, Lifestyle, News

DUBAI: King Koil, one of the leading mattress brands in the region, announces unbelievable savings from 30% up to 50% discount across premium sleep products during Dubai Shopping Festival, starting from 26 December 2019 to 24 January 2020. King Koil products are designed to offer a sound of sleep to achieve a revitalized & rejuvenated body and a refreshed mind. …

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Hilton signs partnership with Groupe Alliance in Tunis

By editor
December 24, 2019 UTC
in :  Business & Finance, News, Travel

TUNIS: Hilton will once again be welcoming guests to the Tunisian capital city of Tunis from after a landmark deal was signed with the Groupe Alliance. The new management agreement confirms a flagship Hilton Hotels & Resorts Property in the coastal suburb of Gammarth. An extensive renovation of Le Palace hotel will now see the property re-brand as Hilton Tunis …

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Federal Tax Authority sounds note of warning about fraudulent messages that request financial data

By editor
December 24, 2019 UTC
in :  Business & Finance, News

ABU DHABI: The Federal Tax Authority has warned people against responding to e-mails or text messages that request personal financial or banking information and which claim that VAT will be refunded to those who reply. The authority stressed that these are fraudulent messages and that it never asks people to disclose their personal data via e-mail, text, or over the …

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Etihad Airways to increase its seasonal flights to Alexandria and Salalah

By editor
December 24, 2019 UTC
in :  Business & Finance, News, Travel

News Desk ABU DHABI: Etihad Airways will operate its popular seasonal routes from Abu Dhabi to Alexandria, Egypt, and Salalah, Oman, between 25 June to 15 September 2020. Due to the success of the routes in 2019, the period of operation has been extended by three weeks and a new fifth weekly service introduced on both routes on Fridays, complementing existing departures …

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Emirates Airline to bring its crowd-puller flagship A380 to Kuwait Aviation Show 2020

By editor
December 24, 2019 UTC
in :  Business & Finance, News, Travel

News Desk DUBAI: Emirates, the world’s largest international airline, is set to showcase its latest flagship Airbus A380 to visitors and spectators on 15 January at the Kuwait Aviation Show 2020. Visitors to the show will be able to tour the popular double-decker’s signature interiors and experience its industry trendsetting products across all three classes, including Emirates’ latest generation Onboard Lounge. …

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Gulf Air showcases Bahrain as a boutique destination to the UK market

By editor
December 23, 2019 UTC
in :  Business & Finance, News, Travel

MANAMA: Gulf Air – the national carrier of the Kingdom of Bahrain – in partnership with Bahrain Tourism & Exhibitions Authority, recently arranged a familiarisation trip for members of Southall Travel, one of the largest travel companies in the UK. The trip took place earlier this month and guests had the opportunity to experience the state-of-the-art Gulf Air aircraft and use …

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Emirates Islamic named ‘Best SME Bank’ at Enterprise Agility Awards

By editor
December 23, 2019 UTC
in :  Business & Finance, News

DUBAI: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, was named ‘Best SME Bank’ at the Enterprise Agility Awards, presented by du. The bank was recognised for its innovative and business-friendly proposition for small and medium enterprises (SMEs) and its status as a preferred bank for UAE national entrepreneurs seeking Shari’a-compliant products and services for their businesses. …

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The UAE Banking and Financial Sector is Resilient, Strong, Stable, and Well-Positioned to Navigate Regional Developments

editor
March 5, 2026 UTC

ABU DHABI: H.E. Khaled Mohamed Balama, Governor of the Central Bank of the United …

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