The retail pioneer announced a progressive financial performance for FY 2024, wherein the revenue reached AED 2,491 million, showing a 5% increase, while profit before tax rose by 18%, reinforcing its signature leadership and market dominance. DUBAI: The leading Dubai-based retailer ‘Union Coop’ announced its financial results for the fiscal year ending December 31, 2024, showcasing ‘revenue surge’ and operational flexibility. …

News Desk KARACHI: Barkat Frisian Agro IPO’s book building phase will start (today) on 17th February and continue till 18th February where high net worth individuals and institutional investors will subscribe to 100 percent of the issue size. The successful bidders, however, will be provisionally allotted only 75% of the issue size, i.e., 50,801,250 shares, and the company will offer …

ESPOO, Finland – Ooredoo Qatar, the leading telecommunications company in Qatar with more than 3.4 million customers, has selected Nokia to modernize the operator’s core network to enable the delivery of more advanced services, using network slicing and the integration of AI and machine learning capabilities that strengthen network performance, reliability, and the overall customer experience. The modernization will support …

By Rafiq Vayani DUBAI/KARACHI: The Pakistan Banks Association (PBA) has officially announced the launch of the Pakistan Banking Summit 2025 (PBS’25), a landmark industry-led event set to take place on February 24 & 25, 2025, in Karachi. The announcement was made at a press conference held at the PBA head office, led by Atif Bajwa, Chairman of the PBS Steering Committee & President and CEO -Bank Alfalah, joined by Zafar Masud, Chairman PBA & President …

News Desk ABU DHABI: Abu Dhabi has welcomed warships from around the world at the ADNEC Marina in preparation for the eighth edition of the Naval Defence and Maritime Security Exhibition (NAVDEX) 2025, taking place from 17 to 21 February 2025. Held alongside the International Defence Exhibition (IDEX), NAVDEX 2025 is organised by ADNEC Group in collaboration with the Ministry of …

News Desk DUBAI: The Sustainability and Innovation Centre of Dubai Electricity and Water Authority (DEWA) welcomed a high-level delegation headed by HE Haji Mohamad Azmi bin Haji Mohd Hanifah, Deputy Minister of Energy in Brunei Darussalam. The officials at the centre briefed the visiting delegation on the latest advancements in clean and renewable energy. They also highlighted Dubai’s ongoing efforts to …

By Rafiq Vayani KARACHI: Saudi is emerging as a top global travel destination in 2025, offering exciting new opportunities for Pakistani travelers. With over 2.7 million Pakistani travelers visiting Saudi in 2024 and an anticipated 2.87 million in 2025, the country is strengthening its accessibility and diverse experiences beyond religious tourism. Saudi is enhancing travel for various segments, including solo …

News Desk SHARJAH: Air Arabia (PJSC), the first and largest low-cost carrier (LCC) operator in the Middle East and North Africa, today announced its financial and operational results for the full year ending December 31, 2024. The airline posted a record pre-tax net profit of AED 1.6 billion, reflecting a 4% increase compared to AED 1.5 billion in 2023. Total …

News Desk ABU DHABI: Saab will reveal the new Coast Control Radar at the upcoming International Defence Exhibition and Conference (IDEX) in the United Arab Emirates (UAE). It is a next generation, phased-array, non-rotating, software defined radar developed in the UAE. The safeguarding of territorial waterways and maritime traffic is increasingly important to the safety and security of both the …

News Desk DUBAI: Love is taking off at Emirates this February 14, as customers are treated to Valentine-themed cakes and chocolates onboard, a range of decadent pink desserts in Emirates lounges, romantic rosé champagne, gift-giving inspiration on EmiratesRED, and an array of mood-setting movies and music. On Valentine’s Day, Emirates First Class customers will be welcomed onboard with a glass of …