DUBAI: Emirates is pleased to announce a successful execution of a US$600 million sukuk (Islamic finance issuance). The issuance received a good response from both local and international investors. The issuance of the Trust Certificates, in the principal amount of US$600 million will be repaid in an amortizing format over 10 years with legal maturity in March 2028. The proceeds …

LAHORE: The global leader in technology and electronics – Samsung has launched its most advanced mobile series, the Samsung Galaxy S9 & S9+ that feature a fascinating camera that has taken a step further and introduced super slow-mo, as one of the most striking features to accentuate its focus on a better camera and unparalleled video performance. A huge ceremony …

DUBAI: The Department of Economic Development (DED) issued 1.646 new business licences during February 2018 and completed 23,407 transactions business registration and licensing as Dubai maintained its ability to attract businesses looking to grow competitively and sustainably. Of the total, 11,300 transactions were related to renewals while 2,060 Initial Approvals were given and 3,029 trade names reserved during the same …

DUBAI: The Dubai Mall is recognising International Women’s Day with a three-week celebration shaped to inspire and empower women by celebrating their successes and contributions. The festivities under the ‘International Women’s Month at The Dubai Mall’, launched today with a motivational Women’s Talk with Sass Brown, Dean of the Dubai Institute of Design and Innovation (DIDI) and global advocate of …

DUBAI: The Dubai Chamber of Commerce and Industry honoured 37 companies for their corporate social responsibility and sustainability efforts during a recognition ceremony held at its premises today. The Dubai Chamber CSR Label was presented to Al Futtaim Carillion, Al Rostamani Pegel, Amlak Finance, Apparel Group, Blue LLC, Chalhoub Group, CHEP Middle East, Clyde & Co, Corporate Business Services, Daikin …

By Kamran Hashim / Rafiq Vayani Sufyan Anis Ozri, executive director Treasury at the WallStreet Exchange Company (Pvt.) Limited was talking with the BizToday team and excerpts of his interview with BizToday are as follows; Team BizToday: Tell us your company WallStreet Exchange company? Sufyan Anis Ozri:   WallStreet was founded by my father Muhammad Anis Ozri (late) during 1994 …

DUBAI: The Middle East Facility Management Association (MEFMA) has announced that it has formed a new category for its members,the Strategic Corporate Members,and established the Strategic Corporate Members Committee, which would include MEFMA’s pioneering members. MEFMA said it reflects the Association’s focus on developing new opportunities for strategic engagements by the corporate sector and enhance their role in developing the …

ISLAMABAD: Pakistan’s largest fertilizer producer, Fauji Fertilizer Company Limited (FFC) and Pakistan’s largest IPP the Hub Power Company Limited (HUBCO) have entered into a strategic alliance to set up a 330 MW Coal based Power Plant in Thar.  The Shareholders Agreement (SHA) was signed amongst HUBCO, FFC and China Machinery Engineering Corporation (CMEC), a state owned enterprise from China in an event …

KARACHI: Bvlgari’s Octo Finissimo Automatic in titanium is awarded the highest accolade at the iF DESIGN AWARD in the “Product” Category Chosen by a jury of 63 independent experts from the international design community, this prestigious award is bestowed on only 75 of the over 6,000 products taking part in the competition is a confirmation of Bvlgari’s unique ability to …

SHARJAH: Senior officials of the Sharjah Water & Electricity Authority (SEWA) hosted a high-level delegation from GE (NYSE: GE) to discuss potential projects to strengthen Sharjah’s power sector. The initiatives are in line with SEWA’s Vision 2020, aimed at driving a culture of innovation and sustainability in line with the UAE Energy Plan 2050 to cut carbon dioxide emissions, increase clean …