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News

Ethiopian Airline celebrates its 75th anniversary

By Rafiq Vayani
April 9, 2021 UTC
in :  Business & Finance, News, Travel, World

ADDIS ABABA: Ethiopian Airline Group, the largest Pan-African aviation group, celebrates its 75th anniversary, April 8, 2021. Ethiopian made its maiden international flight on April 8, 1946 to Cairo. Since then, the Airline overcame the ups and downs of the aviation industry and the challenges unique to Africa to become Africa’s largest, most profitable and award-winning Aviation Group. Ethiopian kicks …

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Service Global Footwear Limited raises Rs. 2,175 million

By Rafiq Vayani
April 8, 2021 UTC
in :  Business & Finance, News

Service Global Footwear Limited (SGFL) successfully raised Rs. 2,175 million through a two-day book building which saw a broad-based participation from institutional and high net-worth investors. The book building was over-subscribed by 5.8 times with price closing at the Rs. 53.2 per share. The book building saw a total demand of Rs. 8,946 million received against the issue size of …

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Pakistan Academic Consortium signs MoU with Faysal Bank

By Rafiq Vayani
April 8, 2021 UTC
in :  Business & Finance, News

News Desk KARACHI: Pakistan Academic Consortium (PAC), widely recognized as the fastest growing academic body spanning operations across country, signed Memorandum of Understanding (MoU) with Faysal Bank at their headquarter in Karachi for provision of loans at special rates to teachers. This collaboration will enable educators associated with Schools, Colleges & Universities to get bank loans for housing at special …

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Air Arabia’s shareholders approve financial year 2020 at AGM

By Rafiq Vayani
April 8, 2021 UTC
in :  Business & Finance, News, Travel

The Annual General Meeting (AGM) of Air Arabia PJSC, (DFM:AIRARABIA), the first and largest low-cost carrier (LCC) in the Middle East and North Africa, today endorsed the success of the strategic planning undertaken during 2020 by the company. The early measures taken by the management team helped in controlling cost and preserving liquidity as the global and regional aviation industry continues to …

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Jaffer Business Systems invests PKR 300 million in ENA, a Green Tech, Power & IoT Startup

By Rafiq Vayani
April 8, 2021 UTC
in :  Business & Finance, News

Jaffer Business Systems (JBS) has acquired significant share of ENA (Energy N Automation), a Green Tech, Power and IoT startup by investing 300 million rupees.  The investment agreement was signed between JBS and ENA in an online ceremony, while adhering to Government’s COVID-19 SOPs. JBS is amongst the leaders in the Information Technology industry in Pakistan. Over the years, JBS …

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The France Pavilion construction is completed at Expo 2020 Dubai

By Rafiq Vayani
April 8, 2021 UTC
in :  Business & Finance, News, Travel, World

News Desk DUBAI: Today, Reem Al Hashimi, Minister of State and Managing Director for the Dubai World Expo, Franck Riester, French Minister for Foreign trade and Economic attractiveness, were welcomed by Erik Linquier, Commissioner General for France at Expo 2020 Dubai and Chairman of Cofrex, to officialize the France Pavilion completion. The France Pavilion’s groundbreaking was in May 2019 in …

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Dubai College of Tourism announces strategic partnership with Chalhoub Group

By Rafiq Vayani
April 8, 2021 UTC
in :  Business & Finance, News, Travel

DUBAI: In line with Dubai’s tourism growth strategy, Dubai College of Tourism (DCT), part of Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) has announced a strategic partnership with the leading partner for luxury across the Middle East, Chalhoub Group. This partnership comes as part of DCT’s Medyaf programme, the industry nationalisation initiative aimed at preparing talented young UAE nationals for …

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Akhbar Al Aan reveals a fresh new visual identity

By Rafiq Vayani
April 8, 2021 UTC
in :  Business & Finance, News

Akhbar Al Aan has launched its new positioning ‘The Story Belongs to Everyone’ inspired by some of the most important and influential stories known in the Arab media. The launch is a step closer to Akhbar Al Aan’s efforts to provide an innovative platform where the young generation can express their opinions, aspirations, concerns, and ideas, and directly contribute to …

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Emirates Airline reaffirms care for its customers with latest policy updates

By Rafiq Vayani
April 8, 2021 UTC
in :  Business & Finance, News, Travel, World

By Rafiq VAyani DUBAI: Emirates has announced the latest updates to its already generous booking policies, offering customers even more confidence and flexibility to make their travel plans. Customers holding tickets issued before 30 September 2020 for travel before 31 December 2021, can now rebook to travel anytime within 36 months, an extension of 12 months from the previous policy. Those …

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Fujairah Charity Association signs MoU with 07 for ‘Dirham Khayr’ initiative

By Rafiq Vayani
April 8, 2021 UTC
in :  News

Fujairah Charity Association announced yesterday the launch of the ‘Dirham Khayr’ initiative, which aims at encouraging the local community to donate to less fortunate families with one Dirham or more through purchases from stores and restaurants participating in the initiative in Fujairah. This initiative was announced through the official cooperation with O7, the Media and Marketing partner and one of …

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