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Business & Finance

Dubai Duty Free Records Outstanding Start to 2026 with Best-ever January Sales of AED858.21 million (US$235 million)

By editor
February 1, 2026 UTC
in :  Business & Finance, News, Travel

By Muhammad Rafiq DUBAI: Dubai Duty Free has begun 2026 on a high note, recording its strongest January performance on record, achieving AED858.21 million (US$235 million), representing a 18.53% increase over January last year and marking an outstanding start to the year. January 2026 is now ranked as Dubai Duty Free’s third-highest sales month on record, surpassed only by December …

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SalamAir Celebrates 9 Years of Growth, Resilience, and Progress

By editor
February 1, 2026 UTC
in :  Business & Finance, News, Travel

News Desk MUSCAT: SalamAir, Oman’s Low Cost Carrier, is celebrating its 9th anniversary, marking nearly a decade of delivering affordable, reliable, and accessible air travel, while strengthening its role in connecting the Sultanate of Oman with the region and beyond. In 2025, SalamAir operated 22,164 flights, carried over 3.4 million passengers, and expanded its network to over 44 destinations across domestic, regional, and international markets. The airline now operates a modern fleet of 15 aircraft, …

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Karachi Marriott, PTM & South Air Forge Strategic Tourism Alliance

By editor
February 1, 2026 UTC
in :  Business & Finance, News, Travel

By Rafiq Vayani DUBAI/KARACHI: Pakistan Travel Mart (PTM) 2026 marks a milestone with strategic Platinum Partnerships. MoU signed between Karachi Marriott, PTM, and South Air. Raza Abbas (GM, Karachi Marriott) and Syed Muhammad Ali Hamdani (CEO, PTM) led the ceremony. AVM (R) Ijaz Malik (Deputy CEO, South Air) and industry leaders joined to celebrate collaboration. Together, driving growth and innovation …

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W Capital Top UAE Selling Agent for Deyaar Projects in 2025

By editor
February 1, 2026 UTC
in :  Business & Finance, News

W Capital Real Estate Brokerage ranked the top UAE selling Agent for Deyaar Development projects in 2025 “This achievement reflects the company’s successful marketing efforts and its strategy of aligning with market demands by promoting the best residential and commercial projects in the UAE market,” said CEO, Walid Al Zarooni. Al Zarooni noted that this recognition from Deyaar Development, a …

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Arab Bank Group Reports Record Net Profit of USD 1.13 Billion for 2025, 40% Cash Dividends

By editor
January 31, 2026 UTC
in :  Business & Finance, News

Arab Bank Group achieved strong financial performance for the year ending December 31, 2025, with a net profit after tax USD 1130 million compared to USD 1007 million in 2024, reflecting a growth of 12%. The Group’s equity position also reflects financial stability and resilience, standing at USD 13.2 billion at year-end. The impressive results were driven by growth across …

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Pak Qatar General Takaful IPO Public Portion Oversubscribed by 9.6x

By editor
January 31, 2026 UTC
in :  Business & Finance, News

Web Desk KARACHI: Pak Qatar General Takaful Limited’s IPO witnessed extraordinary investor demand, with applications received for 71.7 million shares through 13,013 applications, amounting to PKR 1.003 billion. This resulted in an oversubscription of approximately 9.6x. The public offering was held on 28–29 January 2026. Unprecedented retail demand led to a historic development: the public portion was increased from 25% …

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Etihad Rail Board Reviews 2026 Passenger Service Readiness Under H.H. Sheikh Theyab

By editor
January 31, 2026 UTC
in :  Business & Finance, News, Travel

News Desk ABU DHABI: Led by H.H. Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, the Board of Directors of Etihad Rail held a meeting at the Abu Dhabi Passenger Station in Mohammed Bin Zayed City to review progress across the UAE’s national rail network and the company’s readiness for the launch of passenger rail services in 2026. During the …

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FEMPACT Conference & Awards 2026 to Champion Action-Driven Inclusion

By editor
January 31, 2026 UTC
in :  Business & Finance, News

Karachi is set to host the FEMPACT Conference and Awards 2026, a landmark policy dialogue platform initiated by Xenab Ansari, bringing together some of Pakistan’s most influential female leaders, policymakers, corporate voices, and change-makers. The conference aims to move the national conversation on inclusion beyond dialogue into measurable action through impactful keynotes, panel discussions, and recognition of leadership driving systemic …

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AGMC BMW Returns with Team WRT for the Asian Le Mans Series in Dubai

By editor
January 30, 2026 UTC
in :  Business & Finance, News

News Desk DUBAI: AGMC, the official importer of BMW Group vehicles in Dubai, Sharjah, and the Northern Emirates, announced the renewal of its motorsport partnership with Team WRT for the Asian Le Mans Series, taking place at Dubai Autodrome from 30 January to 1 February 2026. The renewed partnership follows a strong start to the 2026 endurance racing calendar, with …

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Gulfood 2026: Pakistan’s EBM Explores Regional Expansion Opportunities in the GCC

By editor
January 30, 2026 UTC
in :  Business & Finance, News

By Rafiq Vayani DUBAI: English Biscuit Manufacturers (EBM), Pakistan’s largest biscuit and cake manufacturer, revealed its ambition to become a regional FMCG player and explored opportunities for growth in GCC markets during Gulfood 2026. Joining industry leaders at the exhibition, Dr. Zeelaf Munir, Managing Director and CEO of EBM and Chairperson of the Pakistan Business Council, shared insights on Pakistan …

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Latest Interviews

The world is watching – Dubai World Cup to be televised live by a record 40 broadcasters

editor
March 26, 2026 UTC

By Muhammad Rafiq DUBAI: The landmark 30th running of the US$30.5million Dubai World Cup fixture …

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