DUBAI: Arab Bank Group achieved solid results for the year ending December 31, 2023, reporting a growth of 52% in net income after tax of $829.6 million as compared to $544.3 million in 2022. The Group’s performance was driven by sustainable growth in the underlying business across different markets, as net profit before provisions and tax improved by 34% to …

By Muhammad Rafiq MAKKAH, KSA: Halal Products Development Company (HPDC), a wholly-owned company by the Public Investment Fund (PIF), has concluded its participation as a main sponsor in the Makkah Halal Forum 2024, which took place from 23 to 25 January. The event witnessed HPDC successfully sign partnership agreements to drive growth across local and global Halal ecosystems. Held in …

DUBAI: Hundreds of Emirates Group employees descended on the Dubai desert this week to successfully set a new Guinness World Records title for the Most nationalities in a yoga lesson. The event, designed to kick-start the new year with a unique wellness initiative, saw participants from 144 different nationalities take on the challenge at sunset. The initiative showcased the rich diversity …

Bridgestone Middle East, a global leader in sustainable mobility and advanced solutions, secured the renowned Tyre Technology Provider of the Year Award at the Truck and Fleet ME awards. This achievement marks the third consecutive win for the company in the same category. The key objective of the award ceremony, which was held in The Ritz Carlton, JBR, Dubai, was …

Menzies Aviation (“Menzies”), the leading service partner to the world’s airports and airlines, and an Agility company, today announced the acquisition of a 50% stake in Jardine Aviation Services Group (“JASG”) from Jardine Matheson – a diversified Asia-focused conglomerate. This partnership is a joint venture with China National Aviation Corporation (“CNAC”). JASG, a leading ground handling services company, has been …

CULVER CITY, Calif: Students in West Los Angeles College’s aviation maintenance technician program have new tools in their toolboxes — more than 450 to be exact. Thanks to a new partnership with American Airlines, students now have direct access to the airline’s Los Angeles-based aviation maintenance technicians (AMTs) through ongoing engagement opportunities and guaranteed interviews for top-performing students. “American is …

Dubai Duty Free Executive Vice Chairman & CEO, Colm McLoughlin was presented with the coveted Lifetime Achievement Award at the 2024 Arabian Business Achievement Awards held on 25th January at Atlantis The Royal, Dubai. Organised by ITP Media Group, the Arabian Business’ flagship event, recognises individuals and organisations across a diverse range of categories including retail, e-commerce, healthcare, technology, hospitality, …

KARACHI: The Memon Leadership Forum (MLF) orchestrated a compelling seminar on Pakistan Economy and Memon Community Unity on Tuesday , 23rd January, 2024 at the Pearl Continental Hotel, Karachi. The event featured distinguished representatives from MLF, Abdul Rahim Janoo as President Global, and Akhtar Younus Arfa as Chairman of the Pakistan Chapter. The Chief Guest for the occasion was Mr. …

Under the patronage of Sheikh Abdulaziz bin Humaid Al Nuaimi, Chairman of the Ajman Department of Tourism Development (ADTD), the second edition of the Ajman Motor Festival 2023-2024 is set to captivate enthusiasts at Ajman City Centre from January 27 to 28, 2024. The festival promises a spectacular showcase of modified and classic cars, along with captivating motorcycle shows. This …

News Desk SHARJAH: City Centre Al Zahia invites families to enjoy a unique Smurf-themed experience from January 25 to February 4, 2024. Prepare to be transported into the magical world of Smurfs with a number of stage shows and meet & greets featuring your beloved blue characters. Get ready for a blue Invasion! Smurfs will now take the stage for …