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Business & Finance

Careem removes ‘peak charge’ on bikes and rickshaws amid high inflation

By Rafiq Vayani
March 15, 2023 UTC
in :  Business & Finance, News

Careem, the leading ride-hailing service in Pakistan, announces to remove ‘peak charge’ on its bikes and rickshaws categories across Karachi, Islamabad and Lahore. The initiative is taken in light of the recent economic situation in Pakistan where inflation and global fuel prices are at an all-time high. Peak charge is an AI automated element in the pricing system, which is usually applied …

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Andrew Buckingham to lead Coca-Cola’s Middle East operations

By Rafiq Vayani
March 15, 2023 UTC
in :  Business & Finance, News
Coca-Cola supports small shopkeepers as Government opens up economy

DUBAI, United Arab Emirates: Andrew Buckingham has been appointed as Vice President and General Manager for Coca-Cola Middle East region. Bringing more than 23 years of international experience working within Coca-Cola to his new role, Buckingham will continue the company’s goal of strengthening and growing its Middle East business which comprises 13 markets. By driving the next chapter in its growth …

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Ajman Tourism organizes “Echoes of Armenia”

By Rafiq Vayani
March 15, 2023 UTC
in :  Business & Finance, News, Travel

The Ajman Department of Tourism Development is organizing a folkloric dance show titled “Echoes of Armenia” on the 16th of March in collaboration with the Sultan bin Ali Al Owais Cultural Foundation, which constitutes a prominent event of Ajman’s cultural scene. The “Echoes of Armenia” dance show is a free entry event taking place at the Ajman Culture Center, and …

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Zippy Writers organizes interactive training session on “Empowering Women Through Freelancing”

By Rafiq Vayani
March 15, 2023 UTC
in :  Business & Finance, News

Zippy Writers, an organization working for training and women empowerment, organized an interactive training session for aspiring women freelancers on “Empowering Women Through Freelancing”. The event took place on Sunday 12th March 2023 in Karachi. A training session was organized in the celebration of International Women’s Day to educate aspiring women freelancers who want to kick start their career as …

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Air Arabia shareholders approve 15% dividend distribution at AGM

By editor
March 14, 2023 UTC
in :  Business & Finance, News, Travel

Air Arabia (PJSC) (DFM:AIRARABIA) shareholders approved the distribution of 15 percent cash dividend for the financial year ending December 31, 2022 at the company’s Annual General Meeting (AGM). The dividend, which is equivalent to 15 fils per share, reflects another year of record financial performance for the award-winning low-cost carrier. The Board of Directors’ recommendation follows the airline’s robust financial …

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InfraZamin and Nutshell Group hosts first ever Infrastructure Summit

By editor
March 14, 2023 UTC
in :  Business & Finance, News

InfraZamin collaborated with Nutshell Group to jointly host Pakistan’s first ever Infrastructure Summit at a local hotel in Karachi. Infrastructure development helps reduce unemployment and stimulates economic growth. In his welcome address, Muhammad Azfar Ahsan, Founder & CEO, Nutshell Group, and former Minister of State & Chairman, Board of Investment, said, “For infrastructure, we need political stability for an empowered …

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223 Students visits at Union Coop

By editor
March 14, 2023 UTC
in :  Business & Finance, News

Dubai-based retailer Union Coop, in its Al Barsha Mall branch received 223 students from Al Mawakeb School in Al Barsha area for a brief tour of the showroom. The visit was educational in nature wherein the students accompanied by their teachers and nannies were offered a tour of Al Barsha Mall. The students got to learn about the latest technologies, …

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Abu Dhabi Businesswomen Council hosts Ramadan and Eid Exhibition

By editor
March 14, 2023 UTC
in :  Business & Finance, News

The Abu Dhabi Businesswomen Council, a subsidiary of the Abu Dhabi Chamber of Commerce and Industry (ADCCCI), hosted the Ramadan and Eid Exhibition, which provided female entrepreneurs across a range of sectors with a platform to showcase their products and services. Organised by the Council, the initiative aimed at supporting the businesswomen’s community in Abu Dhabi and enabling startups and small …

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Emirates ramps up operations across continents

By editor
March 14, 2023 UTC
in :  Business & Finance, News, Travel, World

Emirates has boosted operations by 31% (total ASKMs) since the start of its financial year and has further plans to ramp up seat capacity in its latest published northern summer schedule starting 26 March 2023. In the past months, the airline has planned and executed the rapid growth of its network operations – reintroducing services to 5 cities; launching flights …

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Union Coop: ‘Mock Evacuation’ Drill conducted at Etihad Mall in cooperation with Dubai Civil Defense

By editor
March 14, 2023 UTC
in :  Business & Finance, News

Union Coop, in cooperation with the General Directorate of Civil Defense in Dubai, carried out a mock fire evacuation drill at Etihad Mall, to determine the extent of readiness to deal with emergency cases and fire accidents. Union Coop stressed that mock evacuation training, which was organized in cooperation with the Dubai Civil Defense focused on the application of precautionary …

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