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Business & Finance

Destination malls seen to boost upscale tourism in Muscat

By editor
August 4, 2018 UTC
in :  Business & Finance, Travel

MUSCAT: Chiefs of the Muscat Municipality and Muscat Municipality-Seeb expressed their support in the ongoing development of the Al Araimi Boulevard (ABLVD), an innovative retail development concept soon to rise in Muscat and expected to expand leisure and entertainment offerings, in line with the Sultanate of Oman’s efforts to boost upscale tourism and contribute to economic growth. Al Raid Group, …

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Indus Motor Company wins Environment Excellence Award

By editor
August 4, 2018 UTC
in :  Business & Finance

KARACHI: Indus Motor Company (IMC) has been awarded the 15th Annual Environment Excellence Award (AEEA) at the Annual Conference on Environment 2018 held in Karachi recently. The conference was organized by the National Forum for Environment and Health (NFEH), a non-profit organization focused on creating public awareness on environmental, healthcare and educational issues in Pakistan. Recognized among the top 10 …

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Huawei Consumer Business Group announces H1 2018 business results

By editor
August 4, 2018 UTC
in :  Business & Finance

KARACHI: Huawei Consumer Business Group (CBG) yesterday announced its business results for the first half of 2018. The company reported solid growth, with global smartphone shipments at 95+ million units*. According to IDC, Huawei rises to become the world’s second largest smartphone manufacturer in Q2 with the global market share of 15.8%. Richard Yu, CEO, Huawei Consumer Business Group said, “The past …

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dnata Travel launches special Eid Al Adha offers

By editor
August 3, 2018 UTC
in :  Business & Finance, Travel, World

DUBAI: dnata Travel is offering a range of excellent value packages to help travelers make the most of the long weekend during Eid Al Adha. Take advantage of the outstanding discounts and recharge your batteries on the endless beaches of Sri Lanka, relax and enjoy the stunning scenery of the Turkish Riviera, or explore one of Europe’s oldest cities, Tbilisi …

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Starbucks and Alibaba Group form strategic partnership to transform the customer experience in coffee industry in China

By editor
August 2, 2018 UTC
in :  Business & Finance, World

SHANGHAI / HANGZHOU: Starbucks  Coffee  Company  (“Starbucks”)  (NASDAQ: SBUX) and Alibaba Group Holding Ltd. (“Alibaba”) (NYSE: BABA) today announced a deep, strategic “New Retail” partnership that will enable a seamless Starbucks Experience and transform the coffee industry in China. Collaborating across  key  businesses  within  the  Alibaba  ecosystem,  including  Ele.me,  Hema,  Tmall,  Taobao  and  Alipay,  Starbucks announced plans to pilot delivery …

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Shaheen Air to bring back Pakistani passengers from China

By editor
August 2, 2018 UTC
in :  Business & Finance, Travel, World

KARACHI: Shaheen Air International will bring back Pakistani Passengers from Guangzhou, China via flight NL 892 and NL 891 on August 3, 2018. This was stated by Zohaib Hassan, Director Marketing, Shaheen Air International. He further added “Reports about arresting of Passengers due to visa expiry are baseless. All the Passengers are safe and sound. We have provided them with accommodation …

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Lucky Cement records consolidated earnings of PKR 14.82 billion for the fiscal year ended June 2018

By editor
August 2, 2018 UTC
in :  Business & Finance

KARACHI: On a consolidated basis, Lucky Cement Limited reported net profit after tax of PKR 14.82 billion after taking out PKR 1.35 billion attributable to non-controlling interests for the financial year ended June 30, 2018, which translates into earnings per share (EPS) of PKR 45.83 / share as compared to PKR 50.18 / share reported last year. The Board of Directors …

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Emirates Airline adds frequencies to the Netherlands

By editor
August 2, 2018 UTC
in :  Business & Finance, Travel, World

DUBAI: Emirates today announced that due to strong market demand, it will introduce five additional flights per week from Dubai to Amsterdam. These additional flights will complement its existing double daily services, offer an earlier departure option from Amsterdam that is convenient for visitors to Dubai, and provide enhanced connectivity to destinations on Emirates’ global network. Four additional weekly services …

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Air Arabia rolls out new flight safety video

By editor
August 2, 2018 UTC
in :  Business & Finance, Travel

SHARJAH: Air Arabia has rolled out a new vibrant and creative flight safety video across its 53-strong fleet featuring people from multiple cultures and ethnicities performing safety instructions. The video was conceived and developed by the airline’s communications team. The theme of the safety video reflects the strong diversity of travellers onboard Air Arabia flights across the world. Bringing passengers …

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NBP President for strong industry-academia linkages

By editor
August 2, 2018 UTC
in :  Business & Finance

KARACHI: “Strong linkage between the financial services sector and academia is an important tool for boosting intellectual capital in the financial services industry and in finding better solutions for the current economic challenges of Pakistan”. These thoughts were expressed by President National Bank of Pakistan (NBP) Mr. Saeed Ahmad during his visit to University of Karachi (UoK). Professor Dr. M. Ajmal …

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Malaysia Joins ASEAN Village 2026 Closing Ceremony at Punjab University Lahore

editor
May 28, 2026 UTC

By Rafiq Vayani ISLAMABAD: On 23 May 2026, H.E. Amb. Dato’ Mohammad Azhar Mazlan, …

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