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Business & Finance

Abu Dhabi Airports and JD Property Announce Strategic Joint Venture to Establish E-Commerce Logistics Hub

By editor
July 4, 2025 UTC
in :  Business & Finance, News, Travel

By Rafiq Vayani ABU DHABI: Abu Dhabi Airports announced a strategic joint venture with JINGDONG Property (JDP), the infrastructure arm of global e-commerce leader JD.com, to develop and operate advanced logistics facilities within Abu Dhabi Airports Free Zone (ADAFZ). The strategic partnership will see the construction of two state-of-the-art warehouses, bonded and non-bonded, spanning a total gross floor area of over 70,000 …

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Etihad Guest Raises The Extraordinary Challenge Prize Pot to over 20 Million Miles Due to Overwhelming Demand

By editor
July 4, 2025 UTC
in :  Business & Finance, News, Travel

News Desk ABU DHABI: Etihad Guest has announced 12.5 million additional miles up for grabs in the second phase of The Extraordinary Challenge, bringing the grand total prize pot to over 20 million Etihad Guest Miles for over 200 potential winners. Last month, Etihad’s loyalty programme, Etihad Guest, launched the competition with five million Etihad Guest Miles to the first …

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Italian Consul in Karachi Hosts Media Networking Event to Strengthen Bilateral Ties

By editor
July 4, 2025 UTC
in :  Business & Finance, News, Travel

Web Desk KARACHI: The Consul of Italy in Karachi, Fabrizio Bielli, hosted a networking event to connect with selected reporters, editors, journalists, and media representatives, acknowledging the media fraternity’s dedication and hard work. During the event, Consul Fabrizio Bielli expressed appreciation for their essential role in society, highlighting their continuous efforts to report events objectively and responsibly. Guests engaged in …

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Emirates SkyCargo doubles down on providing exceptional customer experience

By editor
July 3, 2025 UTC
in :  Business & Finance, News, Travel

News Desk DUBAI: As the industry navigates evolving trade patterns, commitment to an exceptional customer experience has never been more important. Emirates SkyCargo, the cargo arm of the world’s largest international airline, is doubling down on providing a world-class experience to its customers, by tracking metrics that demonstrate the airline’s role as a trusted and reliable partner for global trade. …

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Chairman of Engro, Hussain Dawood, Appreciates Enduring China-Pakistan Partnership at WEF summit with Chinese Premier, Li Qiang

By editor
July 3, 2025 UTC
in :  Business & Finance, News

By Rafiq Vayani KARACHI: Chairman of Engro, Mr. Hussain Dawood, was invited to speak at a Special Dialogue with Li Qiang, Premier of the People’s Republic of China, during the World Economic Forum’s 16th Annual Meeting of the New Champions. During the session Mr. Dawood reaffirmed the enduring all-weather friendship between China and Pakistan. He shared that, in 2013, he …

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Strategic Engagement to Bolster Malaysia–Pakistan Economic Cooperation

By editor
July 3, 2025 UTC
in :  Business & Finance, News

News Desk KARACHI: On 30 June 2025, an engagement was held between His Excellency Ambassador Dato’ Azhar Mazlan, High Commissioner of Malaysia to Pakistan, and Mr. Usman Ahmed, Group Chief Executive Officer of Gamalux Oleochemicals. The meeting was convened to explore avenues for strengthening economic cooperation between Malaysia and Pakistan, in anticipation of the forthcoming official visit of the Prime …

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VIS Upgrades Entity Ratings of Faysal Bank Limited

By editor
July 3, 2025 UTC
in :  Business & Finance, News

VIS Credit Rating Company Limited (VIS) has upgraded entity ratings of Faysal Bank Limited (‘FABL’ or the ‘Bank’) to ‘AA+/A1+’ (Double A Plus/A One Plus) from ‘AA/A1+’ (Double A/A One Plus). Medium to long-term rating of ‘AA+’ indicates high credit quality; protection factors are strong. Risk is modest but may vary slightly from time to time because of economic conditions. …

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The Emirates A350 begins regular operations to Muscat

By editor
July 3, 2025 UTC
in :  Business & Finance, News, Travel

News Desk DUBAI/MUSCAT: Emirates’ highly anticipated Airbus A350 is now a regular sight at Muscat International Airport, with the start of regular daily services between Dubai and Muscat. The deployment of the next-generation aircraft, originally slated for 1 July, was brought forward by a week. The aircraft operates flight EK 866, which departs Dubai at 2:15 am and arrives in …

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SalamAir Releases 2nd Quarter (Q2) On-Time Performance Data

By editor
July 3, 2025 UTC
in :  Business & Finance, News, Travel

By Rafiq Vayani MUSCAT: SalamAir, Oman’s low-cost carrier, has announced its On-Time Performance (OTP) results for the second quarter of 2025, reaffirming its commitment to operational reliability and transparency. OTP is a measure of how often an airline is on time and is an indicator of the airline’s ability to meet its commitment to punctuality for its customers. Between April …

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Samana Developers Achieves Record AED 1.1 billion Sales in June, Securing 5th Rank in H1 Off-Plan Sales

By editor
July 3, 2025 UTC
in :  Business & Finance, Interviews, News

News Desk DUBAI: Celebrating a series of remarkable milestones, Samana Developers, an award-winning real estate developer based in Dubai, today announced a truly monumental achievement: recording its best sales month since its foundation with AED 1.1 billion in June 2025. This record-breaking performance reflects the company’s rapid growth and strong market position, culminating in its ranking as the 5th among …

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Latest Interviews

SAMANA Developers Reinforces Commitment to Uninterrupted Project Deliveries and Construction Milestones in 2026

editor
April 6, 2026 UTC

SAMANA Developers on Track for 6 Project Deliveries in 2026 and 11 in 2027 …

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