KARACHI: K-Electric (KE) successfully concluded the Initial Public Offering (IPO) of Pakistan’s first retail listed short-term Sukuk, attracting 2.2x times more bids than its target of PKR 2 billion. The funds have been raised to meet KE’s operational and working capital requirements. The process concluded on September 3, 2025, with participation from over 600 retail applicants and institutional investors, injecting …

By Rafiq Vayani DUBAI/BEIJING: Mr. Abdul Rauf Jetelserwala, Chairman Dany Group of Companies, and Mr. Muhammad Salman, CEO Dany Technologies, met today with Mr. Ahsan Iqbal, Federal Minister for Planning, Development & Special Initiatives, at the China World Hotel, Beijing, during the B2B Conference. The meeting focused on exploring new avenues of collaboration and strengthening bilateral trade opportunities with China. …

News Desk DOHA: Cityscape Qatar 2025 will take place from 14–16 October at the Doha Exhibition & Convention Center, organisers Informa Tharawat confirmed today. Under the strategic theme ‘Shaping the Future of Real Estate’, this year’s edition positions Cityscape Qatar as the definitive platform for innovation, investment, and transformation, reflecting the ambitions of Qatar National Vision 2030. The three-day exhibition …

Dubai reinforced its global reputation as a hub for international dialogue and fraternity on Thursday with the launch of the ‘I Am Peacekeeper Movement’ bringing together Nobel laureates, policymakers, social entrepreneurs, philanthropists, and changemakers from across the world. Led by Dr Huzaifa Khorakiwala, Founder of the ‘I Am Peacekeeper Movement’ and Executive Director of the Wockhardt healthcare conglomerate, the event …

 The $350 million deal strengthens Emirates SkyCargo’s fleet and reinforces the UAE’s position as a global logistics hub By Rafiq Vayani DUBAI: Emirates NBD (“the Bank”), a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has signed a USD 350 million aircraft financing deal with Emirates Airline. The facility supports the airline in the delivery …

KARACHI: Faysal Bank Limited (FBL), one of the leading Islamic banks in Pakistan, and its China-based Fintech partner OPay, recently celebrated a major milestone, where the duo have processed digital retail payments of over PKR 100 billion in a short period of time. This achievement reflects the success of the Bank’s forward looking and progressive approach of becoming a formidable …

News Desk Turkish Airlines has resumed its Misrata flights, as its third destination in Libya, following Tripoli and Benghazi. The national flag carrier, which suspended flights to Misrata in January 2015, has now resumed operations and currently serves 62 destinations across the African continent. Misrata flights will be operated with B737-78D aircraft three times a week, on Tuesdays, Thursdays, and …

News Desk DUBAI: Marking the 20th anniversary of providing high-quality British education in the UAE, Heriot-Watt University Dubai opened doors to its new, state-of-the-art wing in Dubai Knowledge Park on Tuesday, 2nd September, 2025. Spanning approximately 50,000 square feet and designed to serve a little over 1500 students, the James Watt building is named after the father of the Industrial …

Web Desk KARACHI: Yango Pakistan, part of the global technology company Yango Group, is setting a new standard for how businesses connect with their communities and improve services in the country. For the first time in Pakistan, Yango introduced its global “Go to the Fields” initiative, placing executives on the frontlines of urban mobility to better understand the experiences of …

By Rahil Rao DUBAI: Dreame Technology, an international tech firm constantly seeking innovation and delivering new levels of daily life convenience for its global consumers, has officially opened its new flagship store at Mall of the Emirates (Unit No. G25, 1st Floor), marking another key milestone in the company’s Middle East and Africa (MEA) expansion. Located in one of the region’s most …