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Business & Finance

Yas Island Theme Parks win big at World Travel Awards

By editor
April 27, 2019 UTC
in :  Business & Finance, News, Travel, World

ABU DHABI: Yas Island’s three world-class theme parks were all named winners at this year’s World Travel Awards (WTA) Middle East gala ceremony, which took place on the 25th of April. Ferrari World Abu Dhabi, home to the world’s fastest rollercoaster, was named the ‘Middle East’s Leading Theme Park’ for the third year running, while fan-favorite Yas Waterworld Abu Dhabi was …

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Emirates Holidays unveils new travel collection for 2019 – 2021

By editor
April 27, 2019 UTC
in :  Business & Finance, Lifestyle, News, Travel

By Rafiq Vayani DUBAI: Emirates Holidays is revealing the highlights of its new travel programme for 2019 – 2021. Now available online and in print, ‘Be There: The Worldwide Holiday Collection’ has been curated to include trending destinations for travellers from Dubai as identified by Emirates Holidays’ team of travel experts. Mark White, Head of Product at Emirates Holidays commented: “In …

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Engro Corporation announces launch in telecom infrastructure sector following Q1 results

By editor
April 26, 2019 UTC
in :  Business & Finance, News

KARACHI: Pakistan’s premier conglomerate, Engro Corporation (PSX: ENGRO) announced its financial results for the first quarter ended March 31st, 2019, at a meeting held yesterday at the Engro Leadership Academy. Consolidated revenue grew by 21% in comparison to the prior period, driven by higher Urea sales in the Fertilizer business. The Company posted a consolidated profit-after-tax (PAT) of PKR 6,565 …

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PR, Events, Digital and Activation Council launches with a bang

By editor
April 26, 2019 UTC
in :  Business & Finance, News

KARACHI: The second meeting of PREDA Council (PR, Events, Digital and Activation) took place here yesterday to finalise the constitution of a much-needed Council in Pakistan. The Council is being represented by all the big-wigs of the industry, on a national level. The Council has issued the following statements, “PR, event management, digital communication and activations have all become growing …

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Thai Consul General visits Karachi Council on Foreign Relations

By editor
April 26, 2019 UTC
in :  Business & Finance, News

KARACHI: Thailand has finalized list of more than 100 items and handed over the same to Pakistan for FTA (Free Trade Agreement). We are now hopeful that it will be finalized very soon to enhance bilateral trade between the two friendly countries. Pakistan imports from Thailand are more than 1.5 billion US dollars while export volume of Pakistan to us …

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Gulf Air reinforces long-term relationship with India

By editor
April 26, 2019 UTC
in :  Business & Finance, News, Travel

MANAMA, Bahrain: Gulf Air – the national carrier of the Kingdom of Bahrain – earlier this month conducted a visit to India in order to reaffirm the longstanding relationship between the Kingdom of Bahrain and India, unveiling a series of commercial dynamic plans for the Indian markets. A gala dinner was held in New Delhi and attended by some of …

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Standard Chartered Bank announces Q1 2019 Results

By editor
April 26, 2019 UTC
in :  Business & Finance, News

KARACHI: Standard Chartered Bank (Pakistan) Limited has announced its Q1 2019 Results. The Bank delivered a strong profit in the first quarter of 2019 which led to a growth of 61per cent in profit before tax to PKR 6.7 billion. Overall revenue growth was 38per cent, whereas client revenue increased by 22per cent year on year with positive contribution from …

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Nestlé Pakistan launches report on ‘Creating Shared Value’

By editor
April 26, 2019 UTC
in :  Business & Finance, News

LAHORE: Every year, Nestlé Pakistan publishes its ‘Nestle in Society: Creating Shared Value (CSV)’ report. Continuing with the annual practice, the report for 2018 was published recently. It highlights Nestlé’s three main focus areas globally: individuals and families, communities and the planet. Waqar Ahmad, Head of Corporate Affairs, Nestlé Pakistan, while sharing his views said, “Nestlé’s CSV initiatives are in …

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Shanghai Electric signs MoU with Saudi’s ACWA Power to Co-develop global solar projects

By editor
April 26, 2019 UTC
in :  Business & Finance, News

DUBAI: Shanghai Electric Group Co., Ltd. (“Shanghai Electric” or “the Group”), a leading multinational power generation and electrical equipment manufacturing conglomerate, has signed a Memorandum of Understanding (MoU) to collaborate with Saudi Arabia’s ACWA Power on global clean energy projects, continuing the group’s expansion into Belt and Road initiative countries (initiative countries). The two clean-energy providers signed the strategic partnership …

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Adamas Motors opens Lotus Cars showroom in Abu Dhabi

By editor
April 26, 2019 UTC
in :  Business & Finance, News

ABU DHABI: Adamas Motors LLC shows its commitment to the UAE with the opening of their brand-new Lotus Cars showroom in Abu Dhabi. Located in Sheikha Salama Building, Khalidiya, Abu Dhabi, the showroom offers new and existing customers the opportunity to experience the famous brand first-hand, in the heart of the capital. Officially opened under the patronage of HE Sheikh …

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