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Business & Finance

Meezan Bank launches electronic-Initial Public Offering

By editor
August 27, 2017 UTC
in :  Business & Finance

KARACHI: Meezan Bank, Pakistan’s first and largest Islamic bank has successfully launched electronic-Initial Public Offering (e-IPO) subscription facility to its customers through a joint venture with the Central Depository Company (CDC), the sole securities depository in the country. Meezan Bank is the first in the banking industry to allow registered investors to make payments through all of its Alternate Distribution …

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Samsung successfully holds ‘2017 Samsung Mobile Solutions Forum’ in New Delhi

By editor
August 26, 2017 UTC
in :  Business & Finance

News Desk NEW DELHI: Samsung Electronics, the world leader in advanced semiconductor technology, today held the 2017 Samsung Mobile Solutions Forum (SMSF) India in New Delhi, showcasing its advanced component technologies and confirming its commitment to India’s mobile market. Under the slogan, “Leading the way, shaping the future,” Samsung offered insight on the latest global trends within the industry as …

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British Airways calls on Border Force to cut immigration delays

By editor
August 26, 2017 UTC
in :  Business & Finance, Travel

News Desk LONDON: British Airways has called on the UK’s Border Force to tackle ‘serious inefficiencies’ that are causing British citizens and visitors to endure long queues and frustrating delays when arriving at UK airports. In a submission to the Home Office, the airline has raised concerns that families returning from holidays face long queues to pass through immigration. It …

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Qatar Airways Cargo signs agreement with DoKaSch Temperature Solutions

By editor
August 25, 2017 UTC
in :  Business & Finance, World

DOHA: Qatar Airways Cargo has signed an agreement with DoKaSch Temperature Solutions to offer its Opticooler® range of temperature-controlled containers, providing Qatar Airways Cargo customers the choice of a range of active containers to transport their pharmaceuticals across the cargo carrier’s extensive global network. Qatar Airways’ Chief Officer Cargo, Mr. Ulrich Ogiermann, said: “We understand the intricacies of a seamless …

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RTA Dubai receives one million calls in first half of 2017

By editor
August 25, 2017 UTC
in :  Business & Finance

News Desk DUBAI: The Roads and Transport Authority (RTA) in Dubai revealed that its Call Center (8009090) had received 1,184,100 calls during the first half of 2017 at a response rate of 11 seconds per call, which compares well with the planned response period of 20 seconds per call. It is noteworthy that the Center handled 1,084,635 calls during the …

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Dubai Chamber hosts workshop on VAT compliance for importers, exporters

By editor
August 25, 2017 UTC
in :  Business & Finance

DUBAI: The Dubai Chamber of Commerce and Industry recently organised and hosted a workshop in cooperation with the UAE’s Federal Tax Authority (FTA), which aimed to familiarise importers and exporters in Dubai with the forthcoming value-added tax (VAT), as well as mandatory registration procedures associated with the new tax. The second and final workshop, hosted at the Chamber’s premises, was …

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dnata commits to a greener future with its new recycling programme

By editor
August 24, 2017 UTC
in :  Business & Finance, World

DUBAI: dnata, one of the world’s largest air services providers, has ramped up its recycling programme for its fleet of 12,000 units of GSE (Ground Services Equipment) in both of its Dubai hubs (DXB and DWC). Since the launch of the recycling programme this year, over 80 units of GSE have been renewed at the GSE maintenance base, reducing waste generated …

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Hawthorn Suites by Wyndham JBR beefs up CSR activities

By editor
August 24, 2017 UTC
in :  Business & Finance

DUBAI: In line with the Year of Giving, Hawthorn Suites by Wyndham JBR reinforces its philanthropic activities over the summer period by joining the StrikeOutALS campaign, and reaching out to UAE Red Crescent. Made popular by the global Ice Bucket Challenge, the hotel helped raise funds for the StrikeOutALS campaign to promote awareness on Amyotrophic Lateral Sclerosis (ALS). Select team …

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First Emirati women graduate as ‘Master of Coastal Waters’& ‘VTS Operator’ from Abu Dhabi Ports Maritime Training Centre

By editor
August 23, 2017 UTC
in :  Business & Finance

ABU DHABI: Abu Dhabi is marking a new milestone today, as the first three Emirati women graduate as masters (Captain) of 24-Meters vessels from the Maritime Training Centre at Abu Dhabi Ports. Abu Dhabi Ports is the master developer, operator and manager of commercial and community ports within the emirate of Abu Dhabi, in addition to the container terminal at …

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Gulf Air and Oman Air in codeshare

By editor
August 23, 2017 UTC
in :  Business & Finance, Travel

MANAMA/MUSCAT: Gulf Air, the Kingdom of Bahrain’s national carrier, recently launched a new codeshare agreement with Oman Air, the national carrier of the sultanate of Oman, that sees the airlines’ combined frequencies between Bahrain and Muscat increase to 6 daily flights. Mr. Ahmed Janahi, Gulf Air Chief Commercial Officer, commented on the agreement: “This codeshare reflects Gulf Air’s consistent drive …

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The UAE Banking and Financial Sector is Resilient, Strong, Stable, and Well-Positioned to Navigate Regional Developments

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