DUBAI: Aafaq Islamic Finance PSC has entered into a strategic partnership with the Dubai Land Department (DLD) through the signing of a Memorandum of Understanding (MoU). This agreement designates Aafaq as an authorized financial institution to provide escrow services, joining a select group of accredited account trustees managing off-plan project funds for real estate developers in Dubai. This collaboration aims …

Qatar Airways Holidays, the leisure division of the award-winning Qatar Airways, is thrilled to unveil its latest offering – a curated collection of Qatar Stopover packages for travellers across the GCC region. Travellers booking their flights on Qatar Airways’ global network of over 170 destinations now have the option to transform one holiday into two by stopping over in Qatar for up to …

DUBAI: Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has announced a strategic referral partnership with Policybazaar.ae, UAE’s leading financial services aggregator. The partnership aims to offer affordable insurance policies to Network International’s merchant base. With this partnership, Network’s merchant customers can purchase insurance policies through the Network Expense Hub portal, Network’s real-time payment and …

By Rafiq Vayani DUBAI: Blue, Al-Futtaim Group’s lifestyle and rewards app that offers benefits from the widest range of brands, signed a partnership agreement with Emarat General Petroleum Corporation’s loyalty program, EmCan, facilitating higher rewards and double earnings for members of both programs. Dany Karam, Chief Marketing and Partnerships Officer at Al-Futtaim Group – Blue, signed the agreement with Ali …

ABU DHABI: Stride Ventures, a premier global venture debt firm from India, has marked a significant milestone in its international strategy by announcing Maalexi as its first venture debt investment of USD 1 Million as part of a larger commitment in the GCC region. This move highlights Stride Ventures’ commitment to drive innovation in emerging economies. The investment will accelerate …

ADDIS ABABA: Ethiopian Airlines Group, the largest network operating carrier in Africa, proudly announces an outstanding month of growth and expansion. In June, the airline unveiled four new international and domestic routes, enhanced flight frequencies on six routes, and celebrated prestigious awards from Skytrax and APEX. On the international front, Ethiopian Airlines has expanded its network with new routes, including …

DUBAI: As part of the Research in Spotlight series, Dubai Electricity and Water Authority (DEWA)’s Research and Development (R&D) Centre organised a session, attended by 75 DEWA employees, to highlight the features and capabilities of the OmniHub IoT terminal. OmniHub is one of the leading in-house research projects that were developed as part of DEWA’s Space programme (Space-D) to connect …

By Rafiq Vayani MUSCAT: Amadeus, a global leader in travel technology and Vistara Airlines successfully collaborated on a joint promotion to support the travel industry during the typically slow period last Ramadan which boosted travel bookings, saw an overwhelming positive response from travel partners and resulted in healthy flight loads and increased incremental segments. As part of the highest seller …

ABU DHABI: As the Summer Super Sale at Line Investment Property (LIP) malls concludes on June 30th 2024, it marks the end of a month of impressive deals and increased customer engagement. Shoppers enjoyed discounts of up to 90% and participated in a giveaway contest, featuring prizes such as 21 travel packages, 3 cars, cruise packages, and gold coins. The draws, …

By Rafiq Vayani DUBAI/KARACHI: Mr. Farrukh H Khan tendered his resignation from the position of Chief Executive Officer of Pakistan Stock Exchange Limited (PSX) on July 4, 2024. Mr Khan expressed that it was a great honour to serve PSX as CEO and acknowledged the support of all market participants, including domestic shareholders, PSBA, and the media. He thanked PSX’s …