DUBAI: It is history in the making for Gulf Craft as work on its first mega yacht progresses swiftly. The shipyard revealed the on-going work of art to the journalists during a tour of its state-of-the-art facility. Impressed by the masterpiece and choice of materials used onboard, the journalists got a chance to meet the design team involved in this …

DUBAI: Millennium Hotels and Resorts, Middle East and Africa (MEA), one of the fastest growing hotel management companies in the region and Deyaar Development PJSC, one of the UAE’s leading property development and real estate services companies, yesterday opened the Millennium Atria Business Bay that will serve a growing hospitality and tourism sector, especially the Expo 2020 visitor traffic. Saeed …

KARACHI: The Board of Directors of BankIslami has approved the Bank’s Annual Audited Financial Statements, for the year ended December 31, 2018, in their meeting held in Karachi on February 28, 2019. BankIslami posted profit before tax (PBT) of Rs. 403 million for the year 2018, depicting a growth by 156% compared to PBT of last year. During the year …

KARACHI: Engro Corporation announced the appointment of Ahsan Zafar Syed as the Chief Executive Officer of Engro Energy Limited (EEL) – a wholly owned subsidiary of Engro Corporation Limited (ECORP). Engro Energy is the flagship entity of the group that operates in the energy vertical with 03 distinct pillars namely the investments; services and business development domains. In the investments stream, EEL operates as a …

DUBAI: Indigo Living, an upscale home furnishing and interior company recently launched its new spring and summer 2019 collection and celebrates its 40th anniversary. Continuing to ride a wave of metallic trends, the four latest style stories bring together plush opulence, clean lines and gilded details in distinct, sensual palettes. From the European elegance of Parisian Blush and royal blue …

DUBAI: dnata Travel has been named “Favourite Travel Agent” at the annual Condé Nast Traveller Middle East Readers’ Choice Awards. The awards were presented at a gala dinner in Dubai, in front of the region’s leading travel and hospitality operators. “We are proud to be voted the most preferred travel agent by the readers of Condé Nast Traveller Middle East,” said Antonio Fellino, Vice President …

DUBAI: Dubai Chamber of Commerce and Industry honoured 33 companies for their corporate social responsibility and sustainability efforts in the second half of 2018 during a recognition ceremony recently held at its premises. The Dubai Chamber CSR Label was presented to Landmark Group and United Engineering Construction Company for the first time. QBG was awarded for the eighth time, while …

DUBAI: AVIVO Group, one of the fastest growing healthcare service providers in the GCC, is planning to expand its presence in the Gulf countries and North Africa amid growing opportunities and strong demand for healthcare services in these countries, its Chief Executive Officer Dr. Dilshaad Ali has said. The Group includes 2 highly reputed hospitals, 29 clinics including 10 high-end …

DUBAI: Visa (NYSE: V) and PayMate, a leader in India’s Business-to-Business (B2B) payments landscape, announced an expanded collaboration to provide Visa’s issuing financial institution clients in the Central and Eastern Europe, Middle East and Africa (CEMEA) region with access to PayMate’s proprietary payment platform for their corporate customers’ payments needs. This move follows Visa and PayMate’s initial launch in India …

DUBAI: Dubai Chamber of Commerce and Industry recently organised a workshop in collaboration with BSA Ahmad Bin Hezeem & Associates LLP which provided valuable information about the UAE Bankruptcy Law and its impact on both debtors and creditors in the country. The workshop, held at Dubai Chamber’s premises, was attended by Dubai Chamber members, lawyers and legal professionals, general managers, …