KARACHI: The Board of Management of Pakistan State Oil Company Limited (PSOCL) has reviewed the performance of the Company for first half of the financial year 2019 (1HFY19) in its meeting held on February 16, 2019. The challenging economic trend in the country fueled by rupee devaluation and adverse balance of payment position resulted in negative growth of 27% in …

News Desk ABU DHABI: Speaking at a press conference on two of the International Defence Exhibition and Conference (IDEX 2019) and the Naval Defence and Maritime Security Exhibition (NAVDEX 2019), General Mohammed Al Hassani, Official Spokesperson of IDEX 2019, and Naval Staff Colonel Fahad Nasser Saif Al Thehli, Official Spokesperson of NAVDEX 2019, announced 24 deals worth AED7,019,428,577. The total …

By Muhammad Rafiq DUBAI: The Emirates Official Store has launched a new limited edition collection of Expo 2020 themed aircraft models for aviation enthusiasts and passionate scale-modellers. The highly detailed models are part of a 15 aircraft model collection ranging from Airbus A380s to Boeing 777s featuring the signature Expo 2020 logo in three colours – blue, orange and green representing …

DUBAI: Reigning Wimbledon champion Angelique Kerber was welcomed by the team at Porsche Centre Dubai, Al Nabooda Automobiles LLC, on Sunday. Her visit took place ahead of the 2019 Dubai Duty Free Tennis Championships which Porsche Centre Dubai is an official sponsor of, in line with the brand’s strong heritage in the sport. The news follows Porsche’s latest announcement, which …

DUBAI: HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance, today opened Gulfood 2019, the 24th edition of the world’s largest annual food and beverage trade show at Dubai World Trade Centre (DWTC). The five-day mega exhibition, which runs until Thursday 21 February, has once again attracted high-calibre interest including ministers, top trade …

News Desk DUBAI: Costa Rica’s Foreign Trade Promotion Agency (PROCOMER) has opened a new representative office at Dubai Chamber of Commerce and Industry’s headquarters which aims to promote bilateral ties and identify opportunities in the UAE that Costa Rican companies can benefit from. The inauguration ceremony was held in the presence of H.E. Maria del Pilar Garrido Gonzalo, Minister of …

ABU DHABI: IMKAN, the globally reputed property developer renowned for creating soulful places that enrich people’s lives, is inviting investors and businesses to explore the leasing and investment opportunities that will be available in Sheikha Fatima Park. Hand-in-hand with its strategic partner, Abu Dhabi Municipality, IMKAN is developing the inner-city community green space in Khalidiya district. The redesign is set …

By Rafiq Vayani DUBAI: Being the largest dates’ producer in the world, Al Foah a subsidiary of SENAAT owned by the Abu Dhabi Government, is participating with an innovative products’ range of international premium dates, represented in several brands, at the Gulfood Expo 2019, held from 17 to 21 of this month at the Dubai World Trade Center. This expo is …

DUBAI: Dubai’s agenda-setting position at the crossroads of global food and beverage trade will be further amplified when scores of government delegations, trade ministers and tens of thousands of food industry professionals descend on the 24th edition of Gulfood, which opens at Dubai World Trade Centre (DWTC) on Sunday 17 February. Running until 21st February, Gulfood 2019 comes as global …

ABU DHABI, United Arab Emirates: The Federal Tax Authority (FTA) has reported great interaction from retailers and consumers alike with its campaign to raise awareness about Tax Invoice requirements and urge all registered businesses to issue invoices for all transactions. Titled “Tax Invoices: Your Right and Assurance”, the campaign was launched on January 28 to shed light on Tax Invoices …