News Desk KARACHI: Standard Chartered Bank (Pakistan) Limited delivered a resilient financial performance with a profit before tax of PKR 32.9bn compared to PKR 49.3bn in H1’24. The Bank posted a revenue of PKR 44.4 bn lower by 24% compared to H1’24, primarily due to a sharp reduction in interest rates. This was partially offset by an increase in non-funded …

ABU DHABI: Coinciding with the visit of His Highness Sheikh Mohamed bin Zayed Al Nahyan’s, President of the United Arab Emirates, to the Republic of Angola, Abu Dhabi Exports Office (ADEX), the financing export arm of Abu Dhabi Fund for Development (ADFD), reaffirmed its commitment to advancing national exports through strategic investments in digital and green infrastructure. These initiatives not …

News Desk DUBAI: OMODA is preparing to make a bold entrance into the UAE automotive market with its most visually stunning, technologically advanced beautiful crossover to-date — the OMODA C7. Set to arrive soon, the OMODA C7 blends futuristic design with smart engineering, promising to captivate style-driven urban drivers and thrill seekers alike. From every angle, the OMODA C7 exudes …

Web Desk DUBAI: Object 1 has continued its rapid ascent in the UAE’s real estate sector, closing the first half of 2025 with a development pipeline exceeding 4.5 million square feet across more than 294 floors and 16 active projects on sale. The company’s strong positioning in Dubai has been further solidified by its strategic expansion into Abu Dhabi, along …

News Desk DUBAI: Swisslog, a leading provider of best-in class warehouse automation and software, has expanded its portfolio with the introduction of its IntraMove series of autonomous mobile robots (AMRs) that provide a versatile, horizontal transportation for payloads up to 3,000 kg (6,613 lb). The new AMRs, which leverage AI to enhance performance, are designed to offer flexibility in volatile …

Dubai’s real estate market continues to set benchmarks, recording AED 431 billion in sales and over 125,000 transactions this year. The sector posted 25% growth in transaction value compared to the same period last year, underscoring investor confidence and sustained demand across diverse segments. Against this backdrop, Whitewill highlights five landmark freehold projects that stand out as opportunities blending location, …

KARACHI: The World CIO Summit & Awards 2025 – Pakistan Edition to recognize the services of the country’s top-performing CIOs and cybersecurity professionals at a local hotel here recently. Speaking as a keynote speaker, former State Minister and Chairman Board of Investment Azfar Ahsan said that Pakistan’s positive image emerging across the world but it has a lot of untapped …

By Rafiq Vayani DUBAI/KUALA LUMPUR: The MIHAS 2025 Exhibitor Briefing on 22 August at MITEC, Kuala Lumpur, brought together exhibitors and partners for an exclusive preview of the world’s largest Halal trade showcase. The session was graced by Mr. Abu Bakar Yusof, Deputy CEO (Export Acceleration), MATRADE, who delivered the welcome remarks, followed by a comprehensive exhibitor briefing by Mr. …

Web Desk SIALKOT: Alibaba.com, a leading global business-to-business (B2B) e-commerce platform, today celebrated the nation’s top e-commerce businesses at the KEL Awards 2025 ceremony while launching its enhanced Trade Assurance 2.0 service in Pakistan. The event brought together key industry leaders, including Omer Khalid, Vice President of SCCI and Sayyed Ahmad Masud, Project Director of the National Incubation Center Islamabad, …

By Rafiq Vayani KARACHI: The Management Association of Pakistan (MAP) delegation, led by President Senator Sarmad Ali along with Executive Committee members Mr. Abid Akber Vazir, Mr. Muhammad Intesar Uddin, Mr. Khalid Zaman Khan, and Syed Ali Hasan Naqvi, recently met with His Excellency Yang Yundong, Chinese Consul General in Karachi. The two sides spoke highly of the profound friendship …