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Home Business & Finance (page 40)

Business & Finance

Mobilink Bank Partners LAS to Support Women’s Inheritance Rights

By editor
May 21, 2026 UTC
in :  Business & Finance, News

News Desk KARACHI: Pakistan’s leading digital microfinance bank, Mobilink Bank, has partnered with Legal Aid Society under its Corporate Social Responsibility (CSR) initiatives to help women secure their inheritance rights through legal assistance, community outreach, and awareness-building efforts. The initiative builds on Mobilink Bank’s flagship inheritance rights campaign, The Invisible Heirs, which aims to raise awareness around the systemic challenges …

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Abhi Collaborates with Alruqee Group to Offer Instant Salary Access

By editor
May 20, 2026 UTC
in :  Business & Finance, News

RIYADH, KSA: Abhi Saudi, powered by Alraedah Digital Solutions, has partnered with Alruqee Group, a diversified business group in Saudi Arabia, to introduce Earned Wage Access (EWA) for its employees. Through this collaboration, employees can access a portion of their earned wages anytime, enhancing financial flexibility and improving overall well-being.“The expectations of today’s workforce are evolving, and access to earned …

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United Foods Company reports strong Q1 2026 results as net profit more than doubles to AED 16.3 million

By editor
May 20, 2026 UTC
in :  Business & Finance, News

By Rafiq Vayani DUBAI: United Foods Company (PJSC) (DFM: UFC), a leading UAE-based food manufacturing and distribution company, announced its financial results for the three-month period ended 31 March 2026, reporting strong revenue growth, improved margins and a significant increase in profitability. Gross revenue reached AED 218.8 million, reflecting continued demand across the company’s core markets and product categories. The …

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Yango Pakistan partners with Jazz Business to Enhance Driver and Courier Experience

By editor
May 20, 2026 UTC
in :  Business & Finance, News, Travel

KARACHI: Yango Pakistan, part of the global company Yango Group, has announced a strategic partnership with Jazz Business to introduce discounted voice and internet bundles for partner drivers and couriers in Karachi, Lahore, and Islamabad. The initiative will enable partner drivers and couriers with access to telecom packages at nearly 50% lower cost than standard market rates, helping reduce operational …

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K-Electric Urges Public to Observe Electrical Safety During Eid-ul-Azha

By editor
May 20, 2026 UTC
in :  Business & Finance, News

KARACHI: As Eid-ul-Azha approaches, K-Electric (KE) urges citizens to adopt essential safety measures and strictly refrain from using electrical infrastructure to tie sacrificial animals. The power utility emphasises that animals should not be tied near electricity poles, transformers, wires, or any other electrical installations, as proximity to such infrastructure poses serious risks of electrocution and injury. KE further advises residents …

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Qatar Airways Group delivers robust financial performance despite global economic instability

By editor
May 20, 2026 UTC
in :  Business & Finance, News, Travel

Qatar Airways Group posts QAR 7.08bn net profit (US$1.94bn) for financial year 2025/26, demonstrating prudent growth and operational resilience By Rafiq Vayani DOHA: Qatar Airways Group today announced a post-tax profit of QAR 7.08bn (US$ 1.94bn) for financial year 2025/26. The results demonstrate a robust performance against a final month impacted by significant geopolitical events, reaffirming its position as one …

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Porsche unveils limited edition 911 Turbo S Sadu Edition to commemorate 70 years in Kuwait

By editor
May 20, 2026 UTC
in :  Business & Finance, News

To celebrate the first Porsche sports car imported to the Middle East, a limited production of just 20 vehicles will be available exclusively for the Kuwait market STUTTGART/KUWAIT: Porsche is marking 70 years of the brand in the Middle East with a limited-edition model. The Turbo S Sadu Edition is based on the latest 911 Turbo S (992.II generation) and …

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Abu Dhabi buyers benchmarking against Monaco and Miami, new MERED insights reveal

By editor
May 20, 2026 UTC
in :  Business & Finance, News

Demand for design-led, investment-smart waterfront living shapes Abu Dhabi’s premium residential market ABU DHABI: MERED, the award-winning real estate developer, has released new buyer insights from Riviera Residences, its landmark waterfront project designed by Herzog & de Meuron, revealing what is driving high-net-worth buyer decisions in Abu Dhabi’s premium property segment. Compiled from direct buyer engagements in Q1 2026, the …

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SLM Tyres Book Building oversubscribed 16.7X, Attracts Rs69.4 Billion of Investors’ Interest!

By editor
May 19, 2026 UTC
in :  Business & Finance, News

KARACHI: Service Long March Tyres Limited’s initial public offering (IPO) book building has witnessed historic investor participation which was oversubscribed 16.7X generating total interest of approximately PKR 69.4 billion (250 million dollars) during the two-day process, marking a remarkable milestone for Pakistan’s capital market. The IPO received the the highest ever bids by any IPO at PSX. The level of …

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Islamic Banking Assets Projected to Reach Rs18–19 Trillion by December 2026!

By editor
May 19, 2026 UTC
in :  Business & Finance, News

News Desk KARACHI: Pakistan’s Islamic banking industry is expected to maintain its strong growth momentum, with total assets projected to reach Rs18–19 trillion by December 2026, compared with Rs14.47 trillion by December 2025, according to industry estimates shared during a media briefing held by Meezan Bank in Karachi. The briefing was addressed by Ahmed Ali Siddiqui, Group Head Consumer Finance, …

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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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