News Desk DUBAI: A Cypriot national and a Saudi Arabian national have been announced as the new dollar millionaires at the latest Dubai Duty Free Millennium Millionaire and Finest Surprise draw, held today at Concourse C of Dubai International Airport. Mr. Kyriacos Michaelides, a 43-year-old Cypriot national based in Johannesburg, South Africa became a US$1 million winner, in Millennium Millionaire …

Web Desk NEW YORK/DUBAI: The Digital Cooperation Organization (DCO), a global multilateral organization committed to enabling digital prosperity for all by accelerating the inclusive growth of the digital economy, signed a memorandum of understanding (MoU) with the League of Arab States (LAS) to cooperate in developing an inclusive and sustainable digital economy. The MoU signing was signed by H.E. Ahmed …

By Rafiq Vayani DUBAI: MS Homes Developers has commenced construction on its latest luxury project, Iluka Residences, located within the exclusive Dubai Islands. The recent groundbreaking ceremony, attended by senior management and key figures, marks the beginning of a project poised to redefine luxury living in Dubai. Mr. Mohsin Sheikhani, CEO of MS Homes Developers, stated: “The launch of Iluka Residences represents a significant …

JEDDAH: In a dazzling display of creativity and national pride, Lulu has officially secured the Guinness World Record for the World’s Largest Flower Pot Mosaic. This stunning floral masterpiece, spanning an impressive 94 square meters, was unveiled in celebration of Saudi Arabia’s 94th National Day, crafted with an incredible 125,000 fresh flowers. This world record event was under the patronage …

Web Desk A new report from Barclays Private Bank has revealed that private equity continues to lead private markets amid growing interest from private wealth investors. The inaugural report, Forging New Paths: How private investors are capitalising on the evolution of private markets, sheds light on the resilience and growth potential of private equity (PE), and venture capital (VC), identifying the key …

LAHORE: U.S. Ambassador Donald Blome, alongside U.S. Consul General Kristin Hawkins, visited Agrilift during his official trip to Lahore to promote clean energy and climate action under the U.S.-Pakistan “Green Alliance” framework. The Ambassador inaugurated Agrilift’s newly established soil lab, which was funded by a USAID Investment Promotion Activity (IPA) grant, emphasizing the U.S. government’s commitment to addressing the pressing …

DUBAI: Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced the launch of the AI Data Cloud for Travel and Hospitality, uniting Snowflake’s data platform, AI capabilities, and industry-specific solutions to deliver best-in-class data insights for the travel and hospitality industry. Snowflake empowers airlines, hotels, cruise lines, and travel technology providers to harness data and artificial intelligence to improve …

Bank Alfalah, a leading commercial bank in Pakistan, has earned international acclaim by winning two awards at the 2024 Global Islamic Finance Awards (GIFA), highlighting its position as a leader in the Islamic banking sector. The Bank received accolades for its contributions to Islamic banking, including the Islamic Banker of the Year 2024 award and the Best Islamic Banking Window …

News Desk KARACHI: His Excellency Danilo Giurdanella, the Consul General of Italy in Karachi attended the unveiling of advanced Italian technological innovation in diesel engines – the launch of R24 FPT Engines in Karachi; The new series is aimed at providing innovative solutions to industries and businesses across Pakistan to reduce their carbon footprint and increase efficiency. The Consul congratulated …

Web Desk DUBAI: As one of the leading players in the global food industry, IFFCO Group, the multinational group headquartered in the UAE, continues to set the standard for innovation and sustainability. A founding partner and key sponsor of the Future Food Forum 2024, IFFCO Group will showcase its commitment to shaping the future of food through groundbreaking initiatives and …