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BankIslami launches IPO of Additional Tier 1 Sukuk

By Rafiq Vayani
April 13, 2020 UTC
in :  Business & Finance, News

By Rafiq Vayani KARACHI: BankIslami Pakistan Limited, while fulfilling its vision of providing innovative Shariah complaint products and services to the customers, proudly announces Pakistan’s ‘First’ Initial Public Offering (IPO) of Additional Tier 1 Modarba Sukuk under the brand name of “BankIslami Ehad Sukuk”, which will be listed and traded on Pakistan Stock Exchange (PSX). The word “Ehad” means an era of new …

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airBaltic schedules new special flights in April and May

By Rafiq Vayani
April 13, 2020 UTC
in :  Business & Finance, News, Travel

DUBAI: After a request from Ministry of Foreign Affairs of the Republic of Latvia and with permit from the Ministry of Transport, Latvian airline airBaltic has scheduled additional special flights from Amsterdam and Frankfurt to Riga and vice versa. These flights one way will be able to transport up to 140 passengers. Flights to and from Amsterdam and Frankfurt will be performed …

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Careem captains facilitated to avail deferred loan payments through JS Bank

By Rafiq Vayani
April 13, 2020 UTC
in :  Business & Finance, News, Travel

News Desk KARACHI: Careem, the internet platform of the greater middle east and Pakistan, and JS Bank recently announced that thousands of Careem captains who have leased a car through JS Bank will now have the facility of getting the principal amount on their loan deferred for up to twelve (12) months in light of the ongoing COVID-19 situation in …

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Mastercard sings MoU with Askari Bank to bring innovative payment solutions

By Rafiq Vayani
April 13, 2020 UTC
in :  Business & Finance, News

KARACHI: Mastercard has signed an agreement with Askari Bank Pakistan for a multifaceted partnership to enhance customer experience and launch new products for a growing number of the Bank’s customers. The agreement is part of Mastercard and the Bank’s commitment to bring innovative payment solutions to more people across the Middle East and Africa region and forge strategic partnerships that empower …

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Emirates Airline announces limited passenger flights to more cities

By Rafiq Vayani
April 13, 2020 UTC
in :  Business & Finance, News, Travel

Rafiq Vayani DUBAI: Emirates is planning to operate passenger services to Jakarta, Manila Taipei, Chicago, Tunis, Algiers and Kabul in addition to the already commenced operation to London and Frankfurt. These services will facilitate residents and visitors wishing to return home. Passengers will be able to book directly on emirates.com or via their travel agent. Only citizens of the destination country and those …

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Pre-Order Samsung’s New 2020 QLED 8K TV in UAE

By Rafiq Vayani
April 13, 2020 UTC
in :  Business & Finance, News

News Desk DUBAI: Be among the first in the UAE to owna TVthat can meet your every need –Samsung’s spectacular Q950TS QLED 8K TV is now available for pre-orders until 25April on Samsung e-store (www.samsung.com) as well as on major retailer’s online platforms.Available in sizes from 65, 75 and 85 inches, the Q950TS QLED 8K TV, is the first TV …

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Dubai Taxi starts remote training of taxi drivers

By Rafiq Vayani
April 13, 2020 UTC
in :  Business & Finance, News, Travel

DUBAI: RTA’s Dubai Taxi Corporation (DTC) embarked on remote training of taxi drivers using sophisticated technologies. The step ensures the continuity of training and the delivery of services par excellence, given the prevailing health conditions. “DTC has enhanced the remote training system by introducing the Tamkeen (empowerment) system to deliver a variety of training programmes to drivers. Training materials provided …

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LADIESFUND to hold “Survival Tips For Businesses During Lockdown” Seminar

By Rafiq Vayani
April 12, 2020 UTC
in :  Business & Finance, News

News Desk KARACHI: “This is a very difficult time for all of us. So many people are losing their jobs, others don’t know where their next meal will come from, and still others are struggling for their life or helping a loved one survive.  As we have so many women entrepreneurs in the LADIESFUND network, several have been reaching out …

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Etihad Airways announces additional special passenger flights

By Rafiq Vayani
April 12, 2020 UTC
in :  Business & Finance, News, Travel

News Desk ABU DHABI: Etihad Airways has announced a series of special passenger flights from Abu Dhabi to Brussels, Dublin, London Heathrow, Tokyo Narita and Zurich, in addition to those previously published. Etihad Airways has been operating special flights which have allowed passengers stranded in the UAE due to COVID-19 restrictions, the opportunity to return home. The flights also support …

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KLM and Philips establish special cargo air bridge between Amsterdam and China

By Rafiq Vayani
April 12, 2020 UTC
in :  Business & Finance, News, Travel

AMSTELVEEN: The loss of around 90% of flights between Europe and Asia has resulted in a major shortage of cargo capacity. Meanwhile, the corona crisis has prompted an enormous need for the rapid transportation of medical equipment and other supplies between the United States, Europe and China. KLM Royal Dutch Airlines has now joined hands with Royal Philips and the …

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