KARACHI: K-Electric has signed US$ 50 million loan agreements with Standard Chartered which is supported by GuarantCo to undertake upgradation of power infrastructure including the installation of theft-resistant Aerial Bundled Cable (ABC) as well as smart grid solutions. The financing documents were signed at KE head office by Moonis Alvi, CEO and Rizwan Pesnani, Head of Treasury from KE; Shazad …

News Desk DUBAI: The inaugural edition of Future Food Conference was held from 25-26 September 2019 at the Address Hotel Dubai. The Conference’s main theme was centered on “Transforming Our World of Food and Beverage Manufacturing” Nourished by the top regional leaders from the Food and Beverage Manufacturing business, the forum featured Her Excellency, Mariam Al Mheiri – Minister of …

DUBAI: Emirates is celebrating a milestone in its operations to South Africa, marking 10 years of service to the port city of Durban. The first Emirates flight between Durban and Dubai operated on 1, October 2009, and the airline has since carried over two million passengers on the route. “The past 10 years have been both rewarding and fulfilling – …

DUBAI: Emirates carried approximately 16 million passengers over summer, from June to August, and 75% of these customers highly rated their inflight entertainment experience -according to Emirates’ inflight survey. With an entertainment catalogue that boasts up to 4,500 channels, customers are spoilt for choice and for the first time Emirates reveals its most popular channels on board. ice, Emirates’ inflight …

DUBAI: MI CAPITAL Group, a UAE-based financial advisory, has restructured its management to become an independent business group that will allow it to focus on core businesses. MI CAPITAL Group specialises in investment banking, corporate finance, debt and equity, mergers and acquisition, alternative finance, tax consultancy and investment advisory services. “The restructuring of the company will help us to now focus …

DUBAI: Dubai has risen up the ranks of the Global Financial Centres Index (GFCI) to number eight position, representing its highest ever ranking. The city is the only financial centre within MEASA to appear within the top 10 rankings, placing it alongside other pivotal financial hubs such as London, New York, Hong Kong and Singapore.  Dubai was most recently placed …

KARACHI: The two organisations recently signed a memorandum of understanding, formalising this commitment. Specific areas of cooperation include achieving and promoting the highest professional, ethical and governance standards, upholding public interest, building tax culture and citizenship, and to support the taxation practice and profession by creating both capacity and capability. The MOU was signed by KTBA President Mohammad Rehan Siddiqui, …

KARACHI: The Pakistan Advertising Association (PAA) held its Annual General Meeting (AGM) on 28th September, 2019, to announce its election results for the year 2019-2020 and honor the newly-elected Central Executive Committee (CEC) and Office bearers of PAA for the year 2019-2020. Mr. Waqar H. Haidri – Group Chairman of the Oktopus Group has been elected as the new Chairman of …

DUBAI: Expo 2020 Dubai has named Al Ain Farms, the UAE’s largest integrated dairy company – formed under the vision of the nation’s Founding Father, His Late Highness Sheikh Zayed bin Sultan Al Nahyan – as the Official Dairy Provider of the World’s Greatest Show. Founded in 1981, Al Ain Farms is a celebrated dairy brand, known for its milk, …

KARACHI: Discussing geo political pivot in the region in detail, Mr. Cameron Munter, former Ambassador of United States of America (USA) in Pakistan said on Monday, during function hosted by KCFR in s local hotel at Karachi. He emphasized that Pakistan will have to implement smart diplomacy as neighbors cannot be changed. Although it is very hard for Pakistanis to …