As demand for summer travel kicks into high gear, Emirates customers have more to look forward to with popular destinations in Europe opening up for quarantine-free travel. Germany, Austria and Switzerland have opened their doors for tourism, and Emirates is gearing up to help more UAE travellers get the most out of their summer holidays with special fares and more …

VIS Credit Rating Company Limited has upgraded the entity ratings of Meezan Bank Limited (‘MEBL’ or ‘the Bank’) to ‘AAA/A-1+’ (Triple A/ A-One Plus) from ‘AA+/A-1+’ (Double A Plus/ A-One Plus). The medium to long-term rating of ‘AAA’ denotes highest credit quality, with negligible risk factors, being only slightly more than for risk-free debt of Government of Pakistan (GoP). The short-term rating …

Ericsson (NASDAQ: ERIC) has launched its annual Ericsson Innovation Awards (EIA) 2021, a global competition with a grand prize of €25,000 that offers university students around the world the chance to develop new, innovative ideas with support from Ericsson experts. Pakistani University level students can also participate in this competition to win 25,000 Euros and gain international exposure.  The theme …

DUBAI:  Worldwide leader in travel retail, Travelport, and one of the world’s largest international airlines, Emirates, today announced they have reached a commercial agreement that will allow Travelport-connected travel agencies to avoid the airline’s surcharge on bookings via Global Distribution Systems (GDS) that will be introduced from 01 July 2021. Furthermore, the companies announced a new long-term agreement to enable the distribution …

ABU DHABI/TEL AVIV: Etihad Airways, the national airline of the United Arab Emirates, and EL AL Israel Airlines, the national carrier of Israel, today launched their joint codeshare network and reciprocal loyalty agreement for frequent flyers. This builds on the Memorandum of Understanding (MOU) the airlines signed in 2020 following the Abraham Accords signed by the UAE and Israel. Available for sale …

As a strategic partner of Dubai Summer Surprises (DSS), Etisalat is offering discounts of up to 65 percent on a wide range of devices and accessories for customers to treat themselves or gift their loved ones this summer season. DSS is a great time to enjoy Etisalat’s deals and pick up gifts for loved ones. Customers can enjoy amazing discounts …

Jumeirah Park – one of Nakheel’s most prestigious communities – has launched the first phase of the Jumeirah Park East Pavilion with the opening of Carrefour. The new community pavilion will feature a variety of popular retailers and F&B outlets including Starbucks, Aster Pharmacy, Il Passagio, Al Rifai and Warehouse Gym, which are scheduled to open in Q3 and Q4 …

Hubco, Pakistan’s largest IPP has announced the appointment of Kamran Kamal as its new CEO. Kamran has succeeded Khalid Mansoor who led the company for eight years. Kamran has already been a part of Hubco for the past 6 years as the CEO of Laraib Energy Limited, a hydel subsidiary of the Company. Previously, he held the position of Vice President China Power Hub …

A Kazakhstan national became a US dollar millionaire while three other winners will drive away in a luxury vehicle as their winning tickets were drawn today in the Dubai Duty Free Millennium Millionaire and Finest Surprise draw held in Concourse D at Dubai International Airport. Mr. Rishat Tyulegenov, a Kazakhstan national based in Kazakhstan became the latest US$1 million winner …

Starting on 01 October 2021, Lufthansa will be introducing a new connection between Dubai International Airport (DXB) and Munich, doubling its capacity on routes to the UAE compared to pre-crisis levels, as a response to an increase in travel demand. The new route will operate three times a week, with LH638 departing Munich on Mondays, Wednesdays and Fridays and LH639 …