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Business & Finance

Standard Chartered explores sale of Retail business in Bahrain

By editor
June 23, 2026 UTC
in :  Business & Finance, News

By Rafiq Vayani MANAMA: Standard Chartered PLC (“the Group”) today announced its intention to explore the sale of its Wealth & Retail Banking (“WRB”) business in Bahrain, as it further sharpens its focus on businesses and client segments where it has the greatest scale and most differentiated client proposition.  This announcement does not affect the Corporate and Investment Banking (CIB) business, which will continue to …

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PTA Hosts Sindh Government Spokesperson to Discuss Leather Industry Priorities

By editor
June 23, 2026 UTC
in :  Business & Finance, News

News Desk KARACHI: Pakistan Tanners Association (Southern Zone) hosted a luncheon in honor of Mr. Mir Nadir Nabil Gabol, Spokesperson for the Government of Sindh, at the Association Office. Chairman Dr. Danish Aman briefed the honorable guest on matters relating to Sector 7/A and the requirements of the leather industry. Mr. Mir Nadir Nabil Gabol highlighted the Government of Sindh’s …

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DEWA and Turkish Embassy discuss prospects for collaboration

By editor
June 23, 2026 UTC
in :  Business & Finance, News

News Desk DUBAI: HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), received HE Lütfullah Göktaş, Türkiye’s Ambassador to the UAE, at DEWA’s headquarters to discuss ways to strengthen cooperation between DEWA and Turkish companies in the energy, water and infrastructure sectors. The meeting, attended by Waleed bin Salman, Executive Vice President of Business Development …

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Emirates clinches Best Airline Worldwide at the 2026 Business Traveller Middle East Awards

By editor
June 23, 2026 UTC
in :  Business & Finance, News, Travel

By Rafiq Vayani DUBAI: Emirates has once again been honoured at the 2026 Business Traveller Middle East (BTME) Awards, securing the industry’s most coveted accolade—Best Airline Worldwide—alongside Best First Class and Best Airport Lounge in the Middle East for its First Class Lounge at Dubai International Airport. The long-running Business Traveller Middle East Awards are among the region’s most respected …

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Emirates Launches Summer 2026 Dubai Travel Offers with Free Hotel Stays and Exclusive Discounts

By editor
June 23, 2026 UTC
in :  Business & Finance, News, Travel

By Rafiq Vayani DUBAI: Emirates is kickstarting the summer holidays with exclusive offers for passengers travelling to or through Dubai. From complimentary stays at the iconic JW Marriott Marquis*, to hundreds of discounts through the popular My Emirates Pass, travellers can enjoy even more value while exploring the city, whether visiting for a longer getaway or a short stopover.  Built for all …

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Ghassan Aboud Automotive Syria Expands with Launch of Grand Auto & Machinery Co.

By editor
June 23, 2026 UTC
in :  Business & Finance, News

News Desk DAMASCUS, Syria: Ghassan Aboud Automotive, Syria announced a new milestone in its growth strategy with the launch of Grand Auto & Machinery Co. (GAMCO), a newly established company under its portfolio specializing in commercial vehicles, agricultural equipment, construction machinery, heavy equipment, industrial technologies, and integrated mobility solutions. Established to support the rebuilding of Syria and contribute to the …

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Luxury hospitality and lifestyle destinations drive the next phase of luxury retail growth in the Middle East

By editor
June 22, 2026 UTC
in :  Business & Finance

As luxury brands become increasingly selective in their global expansion strategies, the Middle East is strengthening its position as a key destination for premium retail investment, supported by rising wealth levels, significant investment in luxury hospitality and lifestyle-led developments, and the region’s longer-term appeal as a global destination, according to Savills Global Luxury Retail Outlook 2026. While global luxury retail …

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Union Coop Visits Senior Happiness Centre in Dubai to Celebrate Father’s Day

By editor
June 22, 2026 UTC
in :  Business & Finance, News

DUBAI: As part of its commitment to social responsibility and its dedication to promoting the values of compassion, gratitude, and community solidarity, Union Coop organized a visit to the Senior Citizens Happiness Centre in Dubai to check on the well-being of senior citizens and celebrate Father’s Day, observed annually on June 21. The visit witnessed a warm and heartfelt atmosphere …

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GCC Recovery Demands Greater Focus On Structural Reforms

By editor
June 22, 2026 UTC
in :  Business & Finance, News

News Desk DUBAI: UAE-based Archers, a leading DLD-, ADREC- and RICS-registered professional services firm, revealed at the Annual Financial Restructuring Conference that it is currently advising UAE and international lenders, investors, and corporates on how to skillfully navigate the complex economic scenarios and take advantage of the UAE’s well-established infrastructure and business-friendly environment. Archers Unveiled Specialist Briefing PapersAt the conference, …

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Wilo and DP World expand partnership on sustainable water technology and smart logisticsAgreement deepens a partnership anchored in Jafza for nearly two decades

By editor
June 22, 2026 UTC
in :  Business & Finance, News

News Desk DUBAI: The Wilo Group and DP World have expanded their strategic partnership through a new Memorandum of Understanding (MoU), aimed at advancing sustainable infrastructure, smart logistics solutions and AI-based innovations in the global water sector. The agreement was signed at Wilopark in Dortmund by Wilo CEO Oliver Hermes and Abdulla Al Hashmi, Global Chief Operating Officer, Parks and …

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Malaysia Consulate Karachi Hosts Portrait Session with HBS, Families and Staff

editor
July 3, 2026 UTC

By Rafiq Vayani KARACHI: A portrait session was held on Friday, 3 July 2026, …

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