The Dubai Duty Free Shergar Cup, the world’s premier international jockeys’ competition, has again attracted top talent from around the globe. Multiple Classic winner Seamie Heffernan, teenage sensation Billy Loughnane, and French Group 1 winner Marie Vélon are among the 12 jockeys confirmed to ride in the Dubai Duty Free Shergar Cup at Ascot Racecourse, UK on Saturday, 10th August. …

DUBAI: Despite ongoing global geopolitical tensions, bottlenecks in aircraft production, and engine problems, Turkish Airlines continued its growth uninterruptedly thanks to its agility and extensive flight network, carrying a total of 22.1 million passenger in the second quarter of the year. According to data published by the International Air Transport Association (IATA), while global passenger capacity in the second quarter of …

DUBAI: Ajmal Perfumes, the renowned fragrance house with a legacy spanning seven decades is all set to welcome students back-to-school, with its new collection Whiffs of Wonder, a line of six enchanting fragrances featuring scents such as Lady Farasha, Little Prince, Hannah Banana, Adventure Bay, Pink Princess, and Sea Cruiser, which is tailored for children and now available at all Ajmal stores …

In a groundbreaking move, the Overseas Investors Chamber of Commerce & Industry (OICCI) has partnered with the United Nations Development Programme (UNDP) Pakistan to advance the vision of a more sustainable and inclusive Pakistan. This alliance is set to spearhead a series of initiatives focusing on gender equality, diversity, inclusion, and social impact investments, reflecting both organizations’ commitment to the …

By Muhammad Rafiq DUBAI: Dubai Investments, the leading diversified investment company listed on the Dubai Financial Market (DFM), announced net profit after tax attributable to shareholders of AED 289.24 million for the three-month period ended 30 June 2024, compared to AED 266.03 million during the corresponding period in previous year. Further, the Group reported a net profit after tax attributable …

KARACHI: Prime Minister Muhammad Shehbaz Sharif inaugurates the 2nd International Food & Agriculture Exhibition, today in Karachi. During the visit, the Prime Minister engaged with the Imtiaz Enterprises stand’s representatives, discussing the unique qualities of the produce on display, which included organic apples, exotic mangos. The PM praised the dedication of local farmers in maintaining high standards and their contribution …

ABU DHABI: Etihad Airways announced its H1 2024 results, recording a 48 per cent increase in profit after tax achieving AED 851 million (U.S.$232 million), a significant increase from AED 575 million (U.S.$ 157 million) in H1 2023, highlighting the airline’s continued focus on growth coupled with optimising operational efficiencies. Total revenue increased 21 per cent to AED 11.7 billion …

Pakistan Stock Exchange (PSX) held a gong ceremony to mark the listing of Big Bird Foods Limited (BBFL). Big Bird Foods was established in September 2011 as a poultry processing unit to provide quality chicken products in national and international markets. Present at the gong ceremony were Dr. Mohammad Mustafa Kamal, CEO, Big Bird Foods Limited; Mr. Mahmood Ali Shah …

News Desk DUBAI: Union Coop has announced its financial results for the first half of 2024, demonstrating a 5% increase in semi-annual revenues compared to the previous year. The cooperative achieved a 32.3% growth in net profits and expanded profit margins across its various sectors. The cooperative’s Board of Directors has released the semi-annual results following strong performance in both …

DUBAI: Andromeda Sales & Distribution, India’s premier loan distribution network, is pleased to announce its strategic expansion into the Middle East, a move fuelled by its exceptional domestic performance. The company recorded over 23% growth in loan disbursals, reaching $9,048 million (Rs. 75,397 crore) during the Financial Year 2023-24. This notable growth was primarily driven by the home loan segment, …