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News

IPAK Group reports 12 times increase in EPS to Rs1.72 for FY 2025!

By editor
September 18, 2025 UTC
in :  Business & Finance, News

The Company announces cash dividend of Rs 0.60 per share i.e. 6% and 5 bonus shares for every 100 shares i.e. 5%. KARACHI: IPAK group has recorded net profit of Rs. 664 million against loss of Rs 571 million last year, driven by enhanced efficiencies and cost control.  Consolidated sales grew by 51% to Rs 34 billion resulted in higher capacity …

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Yango Tech partners with Naheed Supermarket to power grocery delivery through SuperApp in Karachi

By editor
September 18, 2025 UTC
in :  Business & Finance, News, Travel

Yango Tech onboards its second partner for the ‘Shops’ category in the Super App and provides complete end-to-end tech stack to support and optimize its operations KARACHI: Yango Tech, b2b arm of the global tech company Yango Group, has further expanded its footprint in Pakistan by integrating Naheed Supermarket, one of Karachi’s most recognized and trusted retailers, into the Yango …

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dnata nets three-year deal with Dubai Basketball as Founding Partner

By editor
September 18, 2025 UTC
in :  Business & Finance, News, Sport, Travel

News Desk DUBAI: dnata has signed a three-year sponsorship agreement with Dubai Basketball, becoming a Founding Partner of the city’s first professional basketball franchise. The deal represents dnata’s first major sports sponsorship and places the company’s brand at the centre of one of the most ambitious sporting projects in the region. With Dubai Basketball preparing for both the prestigious EuroLeague, …

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Postal Sector Regulatory Committee holds ‘Customer Council’ on sidelines of 28th Universal Postal Congress – Dubai 2025

By editor
September 18, 2025 UTC
in :  Business & Finance, News

DUBAI: The Postal Sector Regulatory Committee organised a ‘Customer Council’ session as part of the second phase of the Zero Government Bureaucracy Programme. The Council reviewed the feedback and proposals put forth by the attendees, reviewing key challenges and opportunities, strengthening public–private partnerships, and formulating ideas and recommendations that offer practical solutions to streamline procedures and eliminate unnecessary compliance requirements, …

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flydubai touches down in Chișinău

By editor
September 18, 2025 UTC
in :  Business & Finance, News, Travel

By Rafiq Vayani DUBAI: flydubai, the Dubai-based carrier, inaugurated its twice-weekly service to Chișinăuyesterday, becoming the only UAE carrier to offer direct flights to Moldova. With the start of flights to Chișinău,this reflects the carrier’s commitment to opening up underserved markets as it continues to expand its network in Europe. Touching down at International Airport “Eugen Doga” Chișinău(RMO), the inaugural …

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Bank Alfalah Islamic Wins Two Global Awards at Global Islamic Finance Awards

By editor
September 18, 2025 UTC
in :  Business & Finance, News

Web Desk KUALA LUMPUR: Bank Alfalah, one of Pakistan’s leading commercial banks, through its Islamic banking division, has been recognised with two prestigious accolades at the 2025 Global Islamic Finance Awards (GIFA): Best Bank for Islamic Window Business and Excellence in Shari’ah Assurance. These global recognitions reflect the Bank’s consistent growth, innovation, and strong dedication to Shari’ah compliance, placing the …

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Unilever Launches Its First Deodorant Stick Production in Saudi Arabia, Strengthening Kingdom’s Role as a Global Manufacturing Hub

By editor
September 18, 2025 UTC
in :  Business & Finance, News

News Desk JEDDAH: Unilever today inaugurated its new deodorant production lines at its Binzagr Unilever Limited (BUL) factory in Jeddah. The inauguration was attended by H.E. Eng. Abdulaziz bin Majed Al-Ahmadi, Deputy Minister for Industrial Development at the Ministry of Industry and Mineral Resources, and several representatives from government and industry, including the Saudi Authority for Industrial Cities and Technology …

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Bulk Management Signs MoU with Kiran Foundation to Empower Young Entrepreneurs

By editor
September 17, 2025 UTC
in :  News

By Rafiq Vayani DUBAI/KARACHI: Bulk Management (Pakistan) Pvt. Ltd. has signed a Memorandum of Understanding (MoU) with Kiran Foundation to support the entrepreneurial aspirations of budding innovators from the “Beyond the School” Khudmukhtar Club. This collaboration reflects a shared commitment to nurturing courage, self-reliance, and innovation among young dreamers, empowering them as they take their first steps into the world of …

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GFS Developments Announced The Launch of Coventry Residence in Dubai Industrial City

By editor
September 17, 2025 UTC
in :  Business & Finance, News

By Rafiq Vayani DUBAI: GFS Developments has announced the launch of Coventry Residence, a new residential project located in Dubai Industrial City, adding to the city’s growing pipeline of affordable housing developments. The project, which is scheduled for completion in the third quarter of 2027, is set to deliver a total of 163 units, comprising 145 studios and 18 one-bedroom …

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Fiji Airways: Top 10 Airlines in the World – APEX WORLD CLASS 2026

By editor
September 17, 2025 UTC
in :  Business & Finance, News, Travel

Fiji Airways are incredibly proud to be recognised amongst the world’s very best – APEX World Class airline by APEX (Airline Passenger Experience Association), one of the highest global honours in aviation with only 10 airlines worldwide receiving this accolade. CEO & Managing Director, André Viljoen, was in attendance to accept the award, which celebrates our commitment to excellence across …

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Emirates expands reach in China through interline partnership with Loong Air

editor
February 13, 2026 UTC

By Rafiq Vayani DUBAI: Emirates and Loong Air have signed an interline agreement, increasing …

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