KARACHI: Bykea, a technology platform for on-demand transport and related services, announced yesterday that it has completed a $5.7 million Series A round of financing from Pakistan’s first VC fund Sarmaycar and institutional investors from South East Asia and for Middle East. The announcement was made at the National Incubation Center Karachi, as Bykea is one of the Karachi chapter’s …

ABU DHABI: Agthia Group PJSC, one of the UAE’s leading food and beverage groups, this morning reported Q1 2019 net profit of AED 40 million and a revenue of AED 508 million, representing revenue growth of 3.4 percent compared to the same period in 2018. Net profit was behind last year on account of lower subsidy-related income in Flour, and …

LONDON: British Airways is partnering with The Diana Award as part of its commitment to making a positive impact in local communities, with a particular focus on supporting children and young people living challenging lives in the UK and overseas. Established in memory of Diana, Princess of Wales, and her belief that young people have the power to change the …

DUBAI: Emirates Airline has signed an agreement with Smart Dubai to offer special flight discounts to the latter’s employees for travel. Emirates will also support Smart Dubai with its travel requirements to participate in international events and conferences, as well as with the events that it organizes on a yearly basis in Dubai, including the Future Blockchain Summit and Smart …

DUBAI: The Sri Lanka tourism industry stands united with the rest of the world against terrorism; as we mourn this horrific tragedy, we must move forward with our enduring Sri Lankan resilience to restore the worlds faith in our beautiful island home and our hospitality which is the heart of the Sri Lankan way of life. One week on from …

DUBAI: Emirates has renewed its support to Mauritius and the Seychelles by extending a Memorandum of Understanding (MoU) which outlines joint activities to promote the two countries.His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group met a VIP delegation from Mauritius and Seychelles at Arabian Travel Market, 2019. A Memorandum of Understanding was signed …

PARIS: Gulf Air, the national carrier of the Kingdom of Bahrain, has ceremonially signed a number of agreements with French based companies during His Majesty King Hamad bin Isa Al Khalifa, the King of Bahrain’s visit to France. The ceremonies took place during a business lunch organized by the Bahrain Economic Development Board (EDB) and the MEDEF, France’s main organization …

By Rafiq Vayani DUBAI: The number of tourist arrivals into North Caucasus Federal district in Russia has been steadily increasing year on year. This is in direct correlation to the strategic, economic, geographical and transit potential that it is endowed with. Coupled with its rich tourist resources, it is the determining factor for the ongoing development of tourism in the …

DUBAI: Leva Hotels made their debut presence at the Arabian Travel Market 2019 in Dubai, showcasing their newly unveiled 4-star property on Sheikh Zayed Road. Leva has emerged as one of the leading players in the hospitality segment bringing a fresh thought and approach to engage with today’s millennial traveller. Each year ATM sees about 40,000 attendees and has been …

DUBAI, UAE: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, won ‘Most Improved Website’ at the 2018 Service Olympian Awards organised by Ethos Integrated Solutions. The award reflects Emirates Islamic’s efforts to enhance its digital and social channels, to offer customers a superior and seamless banking journey. In 2018, the bank’s website saw a 25% year-on-year increase in visitors …