By Rafiq Vayani KARACHI: The Consul, Fabrizio Bielli along with Italian Development Committee, MAQ International, and Fauji Fertilizer Company (FFC) held a meeting to explore opportunities for strengthening cooperation in the fertilizer sector. FFC’s Goth Machi plant is undergoing a balancing, modernization, replacement (BMR) project, involving equipment supplied by the Italian company Nuovo Pignone, with some machinery that have to …

DUBAI: Across the GCC, governments and enterprises are moving on AI faster than almost anywhere in the world. The unspoken truth is that most of these projects stall before they start. The reason for the stalling is not because the models fall short, but because the data underneath them isn’t ready. Only 7% of enterprises say their data is fully …

By Rafiq Vayani DUBAI: Botim, the UAE’s leading fintech platform, has collaborated with Mastercard to launch the Mastercard One Credential, giving eligible Botim cardholders greater flexibility and control over how they access and manage payments through a single card solution.This launch also marks the first rollout of the solution in the UAE and across Eastern Europe, the Middle East, and …

Multi-year engagement creates a governed data foundation across Zahid Group JEDDAH: Zahid Group, one of Saudi Arabia’s leading diversified business groups spanning heavy equipment, energy, transport and manufacturing, and others, has selected Snowflake, the AI Data Cloud company, as the strategic foundation for its enterprise data and AI transformation, giving the Group a scalable way to strengthen governance, advance AI …

News Desk ABU DHABI: National Central Cooling Company PJSC (DFM: TABREED / ISIN: AEA002201018), the world’s leading and most diversified district cooling company, has today announced its financial and operational results for the six-month period ending 30 June 2026, reporting revenue of AED 1.13 billion and net profit of AED 192 million. Tabreed delivered revenue growth of 2% year-on-year during …

News Desk DUBAI;Dubai’s growing construction sector reflects its strength, ambition, and vision. We’re proud to announce Mr. Imran Farooq’s 18th rank in CBNME’s Top 100 Power Hour ’26, recognising the leaders shaping the Middle East’s construction landscape. Proud to see him play a key role in this remarkable journey. [email protected]

Move highlights strong leadership bench with proven results By Rafiq Vayani DUBAI: Mastercard today announced that Yasemin Bedir has been appointed President of the company’s Eastern Europe, Middle East and Africa (EEMEA) region, effective 1 September. The company’s EEMEA region was expanded in recent years, bringing additional markets to what is now a vibrant, agile and high growth potential 81 country business. Bedir, …

By Rafiq Vayani KARACHI: Leading foreign investors continue to demonstrate strong confidence in Pakistan’s economic potential, with OICCI member companies alone investing over USD 23 billion in the country over the past decade, surpassing Pakistan’s cumulative net foreign direct investment (FDI) inflows of USD 21 billion during the same period. The findings, released in OICCI’s Members’ Contribution to the Economy …

Taking place from 8-10 September at the Riyadh Front Exhibition & Conference Center (RFECC), WTM Spotlight Riyadh will connect the world to Saudi Arabia and Saudi Arabia to the world RIYADH: WTM Spotlight Riyadh has announced two major strategic partnerships ahead of its inaugural edition. Fairmont Ramla and Fairmont Riyadh have been appointed as the event’s Official Hotel Partners, while …

By Rafiq Vayani KARACHI: Lucky Investments Limited (“Lucky Investments”) has been awarded AM1, the highest Asset Manager Rating by the Pakistan Credit Rating Agency Limited (PACRA), marking a historic milestone for the Company less than one and a half years after commencing operations in April 2025. The AM1 rating reflects PACRA’s highest opinion of an asset manager’s quality, recognizing exceptional …