ISLAMABAD: Addressing a ceremony on ­­­“Promoting the use of RMB in Cross-Border Settlement” today, organized by ICBC Bank in the Jinnah Conventional Center Islamabad, Governor SBP Mr. Jameel Ahmad highlighted the strong and long-lasting economic and financial ties between Pakistan and China, and said using Renminbi (RMB) for settling cross-border trade and investment transactions with China can further strengthen these …

By Rafiq Vayani SHARJAH: Having served over 150 million passengers and operating flights to a vast network of more than 190 routes from seven strategic hubs, Air Arabia Group, the Middle East & North Africa’s first and largest low-cost carrier operator, enters its milestone 20th year of operations as it continues to solidify its position as a pioneer and market leader …

DUBAI: The inaugural UAE – France Rail & Mobility Days, a three-day event hosted in Dubai and Abu Dhabi, successfully concluded, making a significant impact on the transportation and mobility landscape in the UAE. This exceptional platform brought together a diverse array of public and private entities, UAE and French industry leaders, and mobility experts who delved into a myriad …

News Desk DUBAI: The digital finance app will become the first product in the Middle East for its parent company UnaFinancial, which has been developing fintech services in APAC and Europe since 2015. UnaFinancial has already provided initial funding for the startup. Now, it is looking to raise funds for the second round, which will cover internal IT development and …

ABU DHABI, United Arab Emirates: With Terminal A primed to open to the public from November 1st, and Etihad’s Ceremonial flight due to take place on 31st October, Abu Dhabi Airports announced that all major services and facilities are now ready to receive the new terminal’s first passengers. The Airport operator has launched a print, digital and broadcast awareness campaign …

Standard Chartered Bank Pakistan delivered a record profit before tax of PKR 63.0 billion for the nine months period ended 30 September 2023, registering an increase of 73 per cent year on year. Profit after tax grew by 121% year on year to PKR 31.4 billion during nine months of the year. The performance was driven by strong income growth, …

JAKARTA: Indonesia, one of the rising economies in the Asia Pacific region, continues to attract global attention with its digital transformation journey. In recent years, the country has witnessed seismic growth with the seamless integration of emerging technologies like artificial intelligence, blockchain-based solutions, cloud computing, cybersecurity solutions and more. The 22nd edition of the World Cloud Show, organised by Trescon, …

By Rafiq Vayani ALULA/DUBAI: The volume and size of private jets travelling to and from AlUla International Airport will be greatly increased thanks to a strategic agreement between the Royal Commission for AlUla (RCU) and the Saudia Private. As part of this new agreement, Saudia Private will take over operations and management of the airport’s state-of-the-art private aviation hangar, enabling it …

DUBAI: Samana Developers today announced the launch of two new residential projects, namely Manhattan-1 and Manhattan-2. These projects, valued at Dh250 million each, are situated in Jumeirah Village Circle. With a combined value of Dh500 million, both projects will have 386 apartments with retail units on the ground floors. The two successive launches in October 2023 are a result of …

News Desk DUBAI/KARACHI: ACE Luxury Immigration Solutions inaugurated its Karachi Office as a part of its steadfast commitment to expand global presence. ACE Group has a vision of mitigating the current account deficit issue through business and skilled class immigration to Canada, USA, UK, Australia and other European countries. The office was inaugurated by its Founder & Managing Partner, Mr. …