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Business & Finance

PSO announces historic financial results – performing while transforming

By editor
August 25, 2021 UTC
in :  Business & Finance, News

News Desk KARACHI: In a fast changing, pandemic, lockdown world, Pakistan State Oil (PSO) beat all odds. A record breaking performance that demonstrates PSOs resilience and strength as it continues to transform and evolve into an agile organization. PSO announced a record breaking gross revenue of PKR 1.4 trillion and highest ever profit after tax of PKR 29.1 billion for …

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MillerKnoll CEO Andi Owen named one of Fast Company’s 2021 Most Creative People in Business

By editor
August 24, 2021 UTC
in :  Business & Finance, News

MillerKnoll (NASDAQ: MLHR) announced today that CEO Andi Owen was selected by Fast Company for inclusion in the publication’s 12th annual list of the Most Creative People in Business. This list honors an influential and diverse group of leaders from a vast range of global industries who, through innovative thinking and bold action, have made an impact in their industries and beyond. These …

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Etihad Airways collaborates with local talent to showcase the ‘Values That Unite’ in celebration of UAE 50

By editor
August 24, 2021 UTC
in :  Business & Finance, News, Travel

Etihad Airways, the national airline of the United Arab Emirates, today launched the latest in a series of initiatives celebrating the UAE’s golden jubilee year. The airline has collaborated with the youngest Emirati chef, an author, ice-skater, artists, and musical performers to curate unique works to commemorate the special anniversary. “We’ve taken the UAE’s 50th Anniversary to our heart and challenged ourselves to …

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Engro Corporation announces its financial results for second quarter

By editor
August 24, 2021 UTC
in :  Business & Finance, News

Pakistan’s premier conglomerate, Engro Corporation (PSX: ENGRO) announced its financial results for the second quarter ended June 30, 2021. Overview of Financial Performance: Engro delivered a strong operational performance in 1H 2021 as its consolidated revenue grew by 30% from PKR 107,163 million in 1H 2020 to PKR 139,319 million in 1H 2021. The Company recorded a consolidated Profit After …

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Emirates resumes flights to Newcastle and boosts services across Europe

By editor
August 24, 2021 UTC
in :  Business & Finance, News, Travel

News Desk DUBAI: Emirates is scaling up services with additional route resumptions and more flights across its European network, responding to the easing of international entry protocols and an upsurge in passenger demand. With clear signals that passenger confidence for international travel is returning, the airline is advancing its plans to increase services and capacity to make it easier for …

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78% of Union Coop sales belong to Tamayaz card holders

By editor
August 23, 2021 UTC
in :  Business & Finance, News

Union Coop, the largest consumer cooperative in the UAE revealed that 672,759 customers so far have enrolled in its ‘Tamayaz’ loyalty program, noting that there are two categories of cards i.e. ‘Golden’ for Shareholder consumers and ‘Silver’ to all non-shareholder consumers. The firm also highlighted that 78% of the total sales belonged to consumers who have enrolled in the popular …

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Al-Futtaim Lexus reveals leading Emirati Film Director Nahla Al Fahad’s story in new video for LX Brand ‘Inspire a Legacy’ campaign

By editor
August 23, 2021 UTC
in :  Business & Finance, Lifestyle, News

To mark the launch of its LX brand campaign ‘Inspire a Legacy’, Al-Futtaim Lexus has revealed a stunning new video starring award-winning Emirati Director and Executive Producer Nahla Al Fahad. With a message rooted in unlocking one’s true potential, the visionary has come together with Al-Futtaim Automotive’s premium car brand to tell her inspirational story through a video featuring the …

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Emirates lives up to its customer experience promise helping over 2 million customers take more control over their travel plans

By editor
August 23, 2021 UTC
in :  Business & Finance, News, Travel

 In the ever-evolving travel landscape, Emirates continues to prioritise choice and flexibility for its customers to help them make the most of the changes that come their way. Since March 2020, the airline has helped over 2 million customers make multiple date or destination changes, or exchange their tickets for vouchers to be utilised for future travel. More than 92,000 customers have …

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airBaltic receives its 29th Airbus A220-300

By editor
August 23, 2021 UTC
in :  Business & Finance, News, Travel, World

RIGA: On August 22, 2021, Latvian airline airBaltic welcomed its 29th Airbus A220-300 jet, registered as YL-ABC, in Riga. This is the fourth out of seven planned Airbus A220-300 aircraft deliveries for airBaltic in 2021. This aircraft is a part of the 50 Airbus A220-300 which airBaltic has ordered. In addition, airBaltic holds 30 options and purchase rights for the same aircraft type. Since May 2020, airBaltic operates all its flights with a single aircraft type – Airbus A220-300, thus …

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Emirates ties up with Cemair in interline agreement, creating more seamless connections throughout South Africa

By editor
August 23, 2021 UTC
in :  Business & Finance, News, Travel

In a move to support the ramp up of operations after boosting its passenger services to South Africa, Emirates has signed an interline agreement with Cemair that opens up connections to six more destinations in South Africa through the airline’s gateways of Johannesburg and Cape Town. The partnership also includes a couple of leisure points exclusively served by Cemair. This …

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Latest Interviews

The world is watching – Dubai World Cup to be televised live by a record 40 broadcasters

editor
March 26, 2026 UTC

By Muhammad Rafiq DUBAI: The landmark 30th running of the US$30.5million Dubai World Cup fixture …

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