JS Bank has announced the successful acquisition of an additional 67.33% stake in BankIslami Pakistan Limited, a move that solidified its position as one of Pakistan’s fastest-growing financial institutions. The acquisition was executed through a series of agreements with existing shareholders and a public offer, taking JS Bank’s total shareholding to 75.12% in BankIslami Pakistan Limited, effectively making BankIslami a …

DUBAI/NEW YORK: Emirates is serving world-class tennis action to sports fans as it returns as Official Airline of the US Open Tennis Championships. With the tournament running from 28 August to 10 September, Emirates is bringing another exciting tennis season to its global audiences as partner of the world’s biggest tennis event, for the 12th consecutive year. This year, Emirates …

News Desk ABU DHABI: e& capital today announced its participation in the Series A financing round for Ikigai Labs, a pioneering firm harnessing the power of generative AI for tabular data. Ikigai Labs has secured $25 million in this round, with contributions from e& capital, Premji Invest, and Foundation Capital. The funding will advance Ikigai Lab’s vision of transforming enterprises’ utilisation of …

News Desk DUBAI: The Emirates Group today celebrated the contributions of Emirati women in aviation and travel, and their vital role in supporting the UAE’s aspirations and ambitions. A special event was held at the company’s headquarters, combining creativity, music, a networking session, in addition to an inspiring panel of women hailing from diverse backgrounds and professions. Throughout the event, …

By Rafiq Vayani DUBAI: Marking a moment of pride, Al Habtoor Motors LLC, the exclusive distributor of JAC vehicles in the UAE, introduced its state-of-the-art showroom along the renowned Sheikh Zayed Road. The showroom’s concept, design, and decoration were meticulously curated to pay homage to the history of JAC and its remarkable journey. The grand opening event was a momentous …

News Desk DUBAI: Visa, the world’s leader in digital payments has launched the Visa Ready To Launch (VRTL) program, giving fintech and non-banking entities a seamless experience in issuing payment products. NymCard is the first BaaS player in the Middle East and Pakistan region to join Visa Ready to Launch program and transform payment credentials issuance capabilities for fintech through a first …

DUBAI: The UAE Rugby Federation (UAERF) has Sunday announced that Dubai Duty Free, the world’s leading single airport retailer, has been named as Principal Partner of the UAERF, and Partner of the UAE National Teams (men’s, women’s, U20 boys, U20 girls), all-Emirati Shaheen and Al Maha teams. The partnership is for a renewable two-year term. Colm Mcloughlin, Executive Vice Chairman …

KUALA LUMPUR: Batik Air continues its expansion to the Australasia region with the launch of its latest route between Kuala Lumpur (KUL) and Auckland (AKL), New Zealand. The new service, which will operate six-times weekly via Perth (PER), Australia, will be commencing on 24 August 2023. The introduction of this latestrouteto Auckland, the gateway to New Zealand, marks another significant …

DUBAI, United Arab Emirates: Hamdan bin Rashid Al Maktoum Foundation for Medical and Educational Sciences held an introductory meeting with the fifth batch of the Master of Innovative Education program, which is offered by the Foundation in cooperation with the United Arab Emirates University. The meeting was held in Hamdan bin Rashid Al Maktoum Center for Giftedness and Innovation. In …

By Rafiq Vayani SAINT LUCIA: The finest travel brands from across the Caribbean and the Americas have been unveiled at a glittering Gala Ceremony in Saint Lucia. The industry elite travelled from across the region to the paradise island for the World Travel Awards (WTA) Caribbean & The America’s Gala Ceremony 2023 to find out who amongst them had been crowned best of …