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Business & Finance

K-Electric appreciates Pakistan Army’s support in averting crisis at KDA Grid

By editor
July 31, 2019 UTC
in :  Business & Finance, News

KARACHI: Ikram Sehgal, Chairman and Moonis Alvi, CEO of K-Electric expressed their appreciation for the timely assistance of the Pakistan Army and Pakistan Rangers, which proved critical in averting a crisis situation when floodwaters entered KE’s KDA grid station. As a result of the untiring efforts of KE teams and the Pakistan Army over several hours, the threat has been …

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Dubai World Central customer numbers top 1.2 million in H1

By editor
July 31, 2019 UTC
in :  Business & Finance, News, Travel

DUBAI: Passenger traffic at Dubai World Central (DWC) surged to 1.2 million during the first half of 2019, compared to 517,813 during the same period in 2018. The increase follows the transfer of some flights by a number of airlines during the closure of Dubai International’s (DXB) southern runway for rehabilitation from April 16 to May 30. More than 900,000 …

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Easypaisa facilitates digital insurance payments

By editor
July 31, 2019 UTC
in :  Business & Finance, News

KARACHI: Telenor Microfinance Bank, Pakistan’s leading microfinance bank has collaborated with Takaful Pakistan Limited, one of the leading Shariah compliant insurance companies to enable safe, secure and convenient access to payments through Easypaisa, Pakistan’s first digital financial service for Takaful customers. This value added service is another step towards making the Easypaisa mobile payment and lifestyle platform a fully integrated …

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Gulf Air appoints Bahraini Senior Manager Cargo

By editor
July 31, 2019 UTC
in :  Business & Finance, News, Travel

MANAMA: Gulf Air, the national carrier of the Kingdom of Bahrain, in line with its Bahrainisation programme and its efforts to promote local Bahraini talents and human assets has appointed Mr. Wael Mattar as Senior Manager Cargo based in the airline’s hub in Bahrain. With a long experience in airline sales and having managed Gulf Air’s stations in the GCC …

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marhaba celebrates 28th anniversary with 28% discount on meet & greet, lounge and home check-in services

By editor
July 31, 2019 UTC
in :  Business & Finance, News, Travel

DUBAI: marhaba, dnata’s airport hospitality brand, today celebrates its 28th anniversary. Founded in 1991, marhaba has over the years evolved into one of the world’s leading passenger services providers renowned globally for its customer-oriented team and uncompromising focus on service excellence.  Celebrating this remarkable milestone, marhaba is offering 28% discount on meet & greet, lounge and home check-in services for bookings made on 31 July*. marhaba, which means ‘welcome’ in Arabic, was launched in the UAE to help passengers arriving in or departing from Dubai International Airport. The popularity of meet & greet services has grown exponentially in line …

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Liang Hua announces that Huawei’s revenue grew 23.2% in the first half of the year

By editor
July 31, 2019 UTC
in :  Business & Finance, News

KARACHI: Huawei announced its business results for the first half of 2019:  USD 58.34 billion in revenue, a 23.2% increase over the same period last year. The company’s net profit margin for H1 2019 was 8.7%.[1] According to Huawei’s Chairman, Liang Hua, operations are smooth and the organization is as sound as ever. With effective management and an excellent performance across …

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Over 500 companies operate in Dubai’s spices trading sector, says DED

By editor
July 30, 2019 UTC
in :  Business & Finance, News

DUBAI: The Business Registration and Licensing (BRL) sector in the Department of Economic Development (DED), Dubai, in its new report, states that 514 companies operate in the spice trade sector in Dubai. The report, which includes statistics on the number of companies operating in Dubai and their activities, aims to familiarise entrepreneurs with the spices sector, and highlight its role …

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Mimecast announces new Cyber Alliance Program

By editor
July 30, 2019 UTC
in :  Business & Finance, News

DUBAI: Mimecast Limited (NASDAQ: MIME), a leading email and data security company, today launched the Cyber Alliance Program, a new program designed to align security vendors into an extensive cyber resilience ecosystem. Interoperability and data sharing are key to any advanced security plan while building a more cyber resilient organization. Mimecast’s Cyber Alliance Program is focused on bringing complimentary cyber …

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Air Arabia receives the second A321neo LR

By editor
July 30, 2019 UTC
in :  Business & Finance, News, Travel

SHARJAH: Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier (LCC), received its second Airbus (A321neo Long Range). The aircraft flew nonstop from Hamburg, Germany to Sharjah International Airport. The addition of the second A321neo LR will enable Air Arabia to expand to new medium-haul markets in addition to strengthening its existing routes. The A321 neo …

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Securing the aviation world at AVSEC Global 2019

By editor
July 30, 2019 UTC
in :  Business & Finance, News, Travel

News Desk DUBAI: Thirty presentations on topics ranging from chemical and cyber warfare, drones and detection, to terrorism and trafficking, stowaways and smuggling. Eight workshops tackling subjects from brain hacks and security at mass gatherings to behavioural analysis and preparing for a crisis. An exercise that spotlights hijacking. Delegates at the fourth edition of the aviation security symposium, AVSEC Global …

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