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Business & Finance

Citi Collaborates with Arab Bank to Offer 24/7 USD Payments Across its Global Network

By editor
October 12, 2026 UTC
in :  Business & Finance

By Rafiq Vayani DUBAI: Citi (NYSE:C) and Arab Bank, a leading financial institution in the Middle East and North Africa region, announced a collaboration to bring Citi’s 24/7 U.S. Dollar (USD) Clearing solution to Arab Bank’s corporate clients to support both incoming and outgoing USD payment flows. Through this collaboration, Arab Bank will leverage Citi’s 24/7 USD Clearing capabilities to …

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The Middle East Could Be Where AI Learns to Work in the Real World

By editor
October 12, 2026 UTC
in :  Business & Finance

By Lara Tseng Most of the conversation about artificial intelligence still happens on screens. We argue about whose model is biggest, who has the most chips and what the latest chatbot can write. Those questions matter, but they miss the part of AI I think will shape the next decade: what happens when it has to operate in the physical …

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RIBA adapts global Plan of Work framework for Saudi Arabia for the first time

By editor
October 12, 2026 UTC
in :  Business & Finance

The new RIBA Plan of Work: Kingdom of Saudi Arabia Overlay gives the Kingdom’s international project teams one shared framework, as the country’s construction pipeline reaches unprecedented scale RIYADH/LONDON: The Royal Institute of British Architects (RIBA) has launched the RIBA Plan of Work: Kingdom of Saudi Arabia Overlay, taking its internationally recognised project delivery framework and adapting for a single …

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SHRM MENA Annual Conference & Expo 2026Under FAHR Patronage to Advance Workforce Transformation

By editor
October 12, 2026 UTC
in :  Business & Finance, News

DUBAI: SHRM MENA has announced that the SHRM MENA Annual Conference & Expo 2026, taking place in December 2026 at Madinat Jumeirah, Dubai, will be held under the patronage of the Federal Authority for Government Human Resources (FAHR). The partnership underscores a shared commitment to advancing human capital development, strengthening workforce capabilities and preparing organizations and their people to navigate …

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Lucky Investments announces the launch of Lucky Islamic Capital Protected Fund Plan I

By editor
October 12, 2026 UTC
in :  Business & Finance, News

News Desk KARACHI: Lucky Investments Limited (“Lucky Investments”) announces the launch of Lucky Islamic Capital Protected Fund Plan I (LICPFP I), a Shariah-compliant capital protected investment plan designed to provide investors with competitive returns while ensuring principal protection through a dynamic asset allocation strategy. The Fund seeks to balance growth potential and capital protection by dynamically allocating investments between Shariah-compliant …

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Hermanos Real Estate Launches with Sights on Growth

By editor
October 11, 2026 UTC
in :  Business & Finance

Dubai brokerage plans to expand its team and develop the next generation of agents DUBAI: Hermanos Real Estate has announced its launch in Dubai, founded by Khaldoun Shindi, Amjad Rabaiah and Hasan Issa. The company will operate across off-plan investments, villas, penthouses, branded residences and commercial property in the UAE and international markets. Taking its name from the Spanish word …

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FPCCI Pakistan–USA Business Council Reaffirms Commitment to Stronger Trade Ties

By editor
October 10, 2026 UTC
in :  Business & Finance

By Rafiq Vayani KARACHI: The Pakistan–USA Business Council of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) held its second meeting, reaffirming its commitment to strengthening bilateral trade, expanding corporate partnerships and promoting economic cooperation between Pakistan and the United States. The council congratulated its Board of Directors and members on resuming their roles, with Shaikh Imtiaz Hussain …

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Meezan Bank approves Rs49bn in financing under affordable housing scheme

By editor
October 9, 2026 UTC
in :  Business & Finance, News

News Desk KARACHI: Meezan Bank has approved 6,880 housing finance cases worth approximately Rs49 billion under the Wazir-e-Azam Apna Ghar Program – Ghar Ho Tu Apna (GHTA) Scheme, with 1,000 families receiving financing totalling Rs7.34 billion as of September 30, 2026. The bank has received more than 27,800 applications worth approximately Rs179 billion through its own network and the PHA …

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Thales selected by Royal Air Maroc to digitalise flight operations with AvioBook Flight

By editor
October 9, 2026 UTC
in :  Business & Finance

Through this new contract, Thales will provide Royal Air Maroc with the most innovative Electronic Flight Bag technology platform in the industry. AvioBook Flight is the only fully-integrated Electronic Flight Bag solution on the market that streamlines and enhances efficiency across every phase of flight operations – before, during, and after each flight. AvioBook Flight’s comprehensive software is designed to …

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foodpanda and HBL expand strategic partnership for greater digital payment adoption

By editor
October 8, 2026 UTC
in :  Business & Finance, News

By Rafiq Vayani ISLAMABAD: foodpanda, Pakistan’s leading online delivery platform, has deepened its multi-year strategic partnership with HBL, the country’s largest private bank. The expanded collaboration is part of the next phase of a long-standing alliance, combining foodpanda’s digital platform reach with HBL’s banking ecosystem to deliver tailored financial products and digital payment solutions for Pakistan’s youth. As Pakistan’s consumer …

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Samana Developers Achieves Record AED 1.1 billion Sales in June, Securing 5th Rank in H1 Off-Plan Sales

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July 3, 2025 UTC

News Desk DUBAI: Celebrating a series of remarkable milestones, Samana Developers, an award-winning real …

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