KARACHI: HBL Microfinance Bank (HBL MfB) has signed a US$ 80 million Risk Sharing Agreement (RSA or the facility) with the International Finance Corporation (IFC), a member of the World Bank Group. This facility, which is supported by the Private Sector Window of the Global Agriculture and Food Security Program (GAFSP), will allow HBL MfB to share 50% of the …

By Muhammad Rafiq ABU DHABI: Abu Dhabi Fund for Development (ADFD) participated in the 12th session of the World Government Summit 2025, held in Dubai under the theme “Shaping Future Governments.” The summit brought together government leaders, ministers, senior officials, global experts, decision-makers, and specialists in financial, economic, and social affairs from around the world. As a global platform, the summit …

News Desk MUSCAT: Omantel has entered a strategic partnership with Singapore-based Shaffra Technology Labs to develop groundbreaking solutions leveraging artificial intelligence (AI) and metaverse technologies. These solutions will be hosted within Omantel cloud services and provided to government institutions and private sector companies in the Sultanate of Oman to enhance operational efficiency. The agreement was signed during the LEAP 2025 …

KARACHI: Blue Skincare is making its highly anticipated debut in Pakistan, marking its first entry into the local market with a soft launch on February 10th. This introduction brings a premium lineup of gentle, effective, and dermatologically tested products suitable for all skin types, from ages 2 to 80. With formulations enriched with organic ingredients and marine elements such as …

News Desk DUBAI: The FTA has announced and thanked H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, for the FTA’s recognition at the first edition of the ‘Zero Government Bureaucracy Award’, where it won first place in the ‘Economic Impact’ category. The ‘Economic Impact’ category focuses on the zero-bureaucracy …

KARACHI: International Workplace Group, the world’s largest provider of hybrid working solutions with brands including Spaces and Regus, is opening a state-of-the-art flexible workspace in Karachi. As the adoption of hybrid working rapidly accelerates across Pakistan, the number of enquiries for space in International Workplace Group locations has risen sharply and the new openings will help meet rising demand. The …

News Desk DUBAI: Danube Properties, one of the largest private developers in Dubai, has unveiled its latest luxury project, setting a new standard of modern sophistication. Nestled in the rapidly growing Dubai Silicon Oasis, TIMEZ by Danube is an exceptional fusion of timeless design and contemporary luxury, offering a level of refinement unparalleled in the area. What sets TIMEZ by …

MANCHESTER, UK: Eternity Technologies is pleased to announce the acquisition of the production facility of EnerSys India Batteries Private Limited, located in Vijayawada, India. This strategic investment reinforces Eternity Technologies’ commitment to India’s rapidly expanding economy and the increasing demand for sustainable energy solutions in logistics, power, and energy storage sectors. India’s logistics industry is experiencing unprecedented growth, driven by the expansion …

By Rafiq Vayani ABU DHABI/AMMAN: AD Ports Group (ADPORTS:ADX), an enabler of integrated trade, transport and logistics solutions, today secured a landmark contract to manage and operate the cutting-edge Al Madouneh Customs Centre in Amman, Jordan. The 1.3 million m2 state-of-the-art facility was inaugurated last June to elevate Jordan’s trade competitiveness through AI-driven customs solutions, blockchain-enabled transparency, and Internet of Things …

DUBAI: Emirates Airlines and UAE Team Emirates XRG have announced the extension of their partnership which will see the airline retaining its rights as one of the main naming partners of the team, in addition to the Emirates logo emblazoned on the team’s jerseys and shorts until the end of the 2028 season. The relationship between Emirates and UAE Team …