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News

Emerson expands In-Region manufacturing with new facility in Saudi Arabia

By editor
June 24, 2022 UTC
in :  Business & Finance, News, World

Emerson has inaugurated an expanded facility in Dammam, Saudi Arabia to manufacture its Rosemount™ pressure and temperature transmitters and manifolds. The inauguration was attended by Emerson executives, as well as Saudi Aramco and SABIC stakeholders from critical teams such as procurement and local content. Emerson has a longstanding collaborative relationship with Saudi Aramco and SABIC to support localization initiatives such …

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Gerry’s dnata recognised for high safety standards in Pakistan

By editor
June 23, 2022 UTC
in :  Business & Finance, News, Travel

Gerry’s dnata, Pakistan’s leading ground services provider, continues to be recognised for achieving the highest safety standards. The company obtained IATA Safety Audit for Ground Operations (ISAGO) Station Accreditation at Islamabad International Airport (ISB), following the successful completion of a comprehensive audit of its ground handling operations at the airport. Syed Haris Raza, Vice President of Gerry’s dnata, said: “Safety …

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Emirates Airline takes off to Tel Aviv

By editor
June 23, 2022 UTC
in :  Business & Finance, News, Travel, World

Emirates has taken off to Tel Aviv, marking the airline’s first passenger flight to Israel. Emirates flight EK931 departed with 335 passengers, including a VIP delegation and Israeli media onboard at 1220hrs local time. Emirates executives onboard included: Adel Al Redha, Chief Operating Officer; Dr Abdulla Al Hashimi, Divisional Senior Vice President, Group Security; Adil Al Ghaith, Senior Vice President, Commercial …

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Azerbaijan Airlines upgrades its fleet on Dubai-Baku flights

By editor
June 23, 2022 UTC
in :  Business & Finance, News, Travel, World

Azerbaijan Airlines (AZAL) flights between Baku and Dubai are receiving a full revamp. Due to an increase in passenger travel demand between Dubai and Baku, and to satisfy high level service needs, Azerbaijan Airlines has opted to operate their advanced fleet for the booming route. The Baku based airline operates daily flights to Dubai, which will now be serviced by their …

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GROHE rolls out its GIVE Program for training young students as plumbers in Karachi

By editor
June 23, 2022 UTC
in :  Business & Finance, News

GROHE is a leading brand for complete bathroom solutions and kitchen fittings, which has now initiated its “GROHE Installer Vocational-Training & Education” (GIVE) Program in Karachi, as the first “GIVE school” in Pakistan has been established in The Hunar Foundation Premises, Delhi Mercantile Society Technical Institute, at Tariq Road. Since there is a shortage of skilled installers in Pakistan’s sanitary …

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Moody’s affirms Saudi Re’s rating at A3 with Stable Outlook

By editor
June 23, 2022 UTC
in :  Business & Finance, News

Saudi Reinsurance Company (Saudi Re) announced that Moody’s Investors Service, a global credit rating agency, has affirmed its A3 Insurance Financial Strength Rating (IFSR) and A1.sa national scale IFSR with a Stable Outlook. In a statement to the Saudi Exchange (Tadawul), Saudi Re said that the ratings confirm its strong brand and market position in Saudi Arabia as the sole …

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Autonomous universities offer distinctive advantages for Saudi Arabia: KPMG Report

By editor
June 23, 2022 UTC
in :  Business & Finance, News, World

RIYADH/DUBAI: Given the new Universities Bylaw, Saudi Arabia’s Ministry of Education (MoE) has envisioned a substantial change in the higher education system by granting disciplined autonomy to universities in framing their academic, financial, and administrative regulations. Universities will need to be ready for this significant level of change as they have been granted the opportunity to set their own strategic …

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Ajman Free Zone witnesses 33 per cent increase in corporate tax companies

By editor
June 23, 2022 UTC
in :  Business & Finance, News

Ajman Free Zone continues to witness an influx in corporate tax companies, as the UAE gears up for the implementation of corporate tax in 2023. The free zone has recorded a significant increase of 33 per cent in the number of corporate tax institutions, offering a wide range of financial and tax consultancy services. H.E. Eng. Ali AlSuwaidi, Director General …

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DXB is gearing up to welcome 2.4m passengers over 11 days starting June 24

By editor
June 23, 2022 UTC
in :  Business & Finance, News, Travel

Dubai Airports has issued a passenger advisory alerting travellers about Dubai International (DXB) getting exceptionally busy over the next two weeks as a result of schools breaking for summer and the Eid Al Adha holidays. According to the operator, some 2.4 million passengers are expected to pass through DXB between June 24 and July 4, with average daily traffic reaching …

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Successful ILA start: Emirates welcomes Federal Chancellor Olaf Scholz at its latest A380

By editor
June 22, 2022 UTC
in :  Business & Finance, News, Travel

Olaf Scholz, Chancellor of the Federal Republic of Germany, visited today the latest Emirates A380 as part of the official opening tour of ILA Berlin 2022. He was welcomed by Sir Tim Clark, President Emirates Airline and Adnan Kazim, Chief Operating Officer Emirates Airline as well as Volker Greiner, Emirates Vice President North & Central Europe. Scholz was accompanied by …

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Malaysia Joins ASEAN Village 2026 Closing Ceremony at Punjab University Lahore

editor
May 28, 2026 UTC

By Rafiq Vayani ISLAMABAD: On 23 May 2026, H.E. Amb. Dato’ Mohammad Azhar Mazlan, …

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