Brazil’s exports to the Arab countries continue to surge, driving the trade surplus to USD 6.11 billion in 2020, according to the latest figures released by the Arab-Brazilian Chamber of Commerce (ABCC).  The South American country’s exports to the bloc of Arab countries generated USD 11.47 billion in revenue during the same year. Up 16.2 per cent from 2019, the …

The Covid-19 outbreak put many sectors at a standstill, with building and construction recording a moderate growth since the pandemic struck. However, the Middle East and Africa, in general, have done well in controlling the pandemic. Though it has led to an economic slowdown, there is a chance of recovery projected within the first quarter of 2021.  BusinessWire intimated that …

RIGA: According to Riga Airport, in 2020 Latvian airline airBaltic has maintained its market leader position, by carrying 57% of all passengers to the Latvian capital. In 2020, the airline carried 1.14 million passengers to and from Riga. Martin Gauss, Chief Executive Officer of airBaltic: “Despite the disruption caused by the pandemic and a total stop of flying for 62 days, we maintained …

METRO Pakistan has been certified as the ‘Top Employer – Pakistan 2021’, for the 4th time in a row. Pakistan is the only METRO market from Asia to receive it for four consecutive years, and is the pioneer of the global certification trend in the country. Celebrating the win, the Managing Director METRO Pakistan Mr. Marek Minkiewicz expressed his joy …

LONDON: British Airways announces that it will begin trialling a new travel health app, VeriFLY, with customers who are eligible to travel between London and the US from February 4. The new digital health travel passport, which can be downloaded to a mobile device, is designed to offer peace of mind before travel by checking customers meet the entry requirements …

Continuing to serve its customers better in the under served areas, Pakistan’s digital front runner, Zong 4G, has introduced a special offer for Nowshera. The offer speaks volumes of Zong’s proactive customer-centric approach that has made it the leading network of Pakistan. Through the Nowshera special offer, the residents of the city can enjoy 75 All Net Minutes, 5,000 MB …

By Noman Nizami DUBAI: Nazia Malek, the renowned fashion model of Pakistan received Dubai Sensation Award 2021 from Avighna Production Dubai for her fabulous work in the field of fashion industry. The celebrated model is happy to receive this award and termed it a big achievement in her fashion journey. “I am happy for this achievement as the best fashion …

Gulf Air, the national carrier of the Kingdom of Bahrain, operated the very first commercial flight from the new Bahrain International Airport terminal which was GF2130 to Delhi on one of the newest Airbus A320neo aircraft at 1435 Bahrain time. The first incoming flight to the new terminal was also a Gulf Air flight that arrived from Lahore on flight GF765 at 1450 local …

In a very encouraging development for the debt market of Pakistan, an innovative, new debt instrument has been issued and listed on Pakistan Stock Exchange (PSX) by Bank Alfalah (BAFL). Bank Alfalah has issued Medium Term Note in the form of Term Finance Certificates (Tranche Series-A) of PKR 11,000 million through Shelf Registration Program, which have been listed on the …

Russian food manufacturers can benefit from leveraging the UAE as a strategic hub to boost and diversify exports globally, industry experts said during a recent webinar hosted by Dubai Chamber of Commerce and Industry’s representative office in Azerbaijan in the run up to Gulfood 2021. The webinar, titled Russia-UAE Food Trade Webinar: Opportunities and Success Stories, attracted 190 participants from …