Meezan Bank, Pakistan’s leading Islamic bank, has recently signed an agreement with Export-Import (EXIM) Bank of Pakistan to act as its consultant for developing Islamic Trade Finance, Takaful Insurance / Guarantee Products and Services for Corporate and SME (Small Medium Enterprises) Exporters under a Technical Assistance Grant provided by Islamic Development Bank (IsDB). The grant will support the Government in …

News Desk SINGAPORE: dnata, a leading global air services provider, has signed a Memorandum of Understanding (MoU) with Blue Aqua Food Tech (Blue Aqua) to boost food security in Singapore. The partnership will see Blue Aqua upcycle organic waste from dnata’s catering and ground handling operations into alternative insect protein for aquafeeds. Blue Aqua’s innovative bioconversion solution processes underutilized nutrients from …

By Rafiq Vayani DUBAI: InSinkErator, a business unit of Emerson (NYSE: EMR), the inventor and the world’s largest manufacturer of food waste disposers for home and commercial use, recently collaborated with The Sustainable City, Dubai, to help people and communities with efficient management of food waste, which is one of the core reasons that feeds into climate change[1] in celebration of …

On May 2, 2021 Latvian airline airBaltic welcomed its 26th Airbus A220-300 jet, registered as YL-AAZ, in Riga. This is the first 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 for the same aircraft type. Martin Gauss, Chief Executive Officer of airBaltic: “This year airBaltic offers 96 routes from the Baltics thus strengthening our positions as …

The Department of Municipalities and Transport announced the 2021 first-quarter report for the real estate transactions results in Abu Dhabi to reach AED 11.5 billion. The Q1 recorded value included approximately 3,847 lands, buildings, and unit’s real estate deals. According to the first report this year, the value of real estate transactions amounted to around AED 5 billion, comprising 1,755 transactions, …

LAHORE: Carrefour, owned and operated by Majid Al Futtaim in Pakistan, announced today that its ‘Carrefour Now’ online shopping service will deliver the widest range of products free of charge until May 15, 2021 as the retail leader backs up its promise of providing exceptional value for all customers through every experience. Available through the website www.carrefour.pk and the MAF …

The UAE leads a global mobile index as the country with the fastest mobile network speed in the first quarter of 2021, according to the latest data from Ookla, a global leader in fixed broadband and mobile network testing applications, data and analysis. This significant achievement adds one more feather to the UAE’s cap, and comes at an opportune time …

Dubai Chamber of Commerce and Industry has announced that it has signed a memorandum of understanding (MoU) with TikTok to create and launch the Dubai Chamber – TikTok Academy, a four-week educational programme that will help 1,000 startups and SMEs validate and grow their businesses using the content creation platform. Under the terms of the two-year agreement, participants will get …

MSBM, a retail group with multiple channels and brands catering to a variety of market segments, has launched its 26th brick-and-mortar store in the region with the opening of Basicxx, a value store, in Ras Al Khaimah. The new outlet in Ras Al Khaimah is the third Basicxx store in UAE, two having opened in 2021 itself in Fujeirah and Umm …

Dubai’s Roads and Transport Authority (RTA) has celebrated Zayed Humanitarian Day, which corresponds to the 19th of Ramadan each year, a date that marks the death of the late Sheikh Zayed bin Sultan Al Nahyan. The event is in line with RTA’s keenness to participate in humanitarian and charitable events organised in Ramadan given their immense social and humanitarian values. …