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News

Etihad Airways to increase its seasonal flights to Alexandria and Salalah

By editor
December 24, 2019 UTC
in :  Business & Finance, News, Travel

News Desk ABU DHABI: Etihad Airways will operate its popular seasonal routes from Abu Dhabi to Alexandria, Egypt, and Salalah, Oman, between 25 June to 15 September 2020. Due to the success of the routes in 2019, the period of operation has been extended by three weeks and a new fifth weekly service introduced on both routes on Fridays, complementing existing departures …

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Join Oslo for New Year’s Money Heist at The iLounge Dubai

By editor
December 24, 2019 UTC
in :  Lifestyle, News, Travel

DUBAI: Don your vibrant red jumpsuit, put on your mask and get ready for the seasons’ biggest heist, The Money Heist party at The iLounge Dubai. Meet the series’ star Oslo with the official DJ Annita Yes hijacking the decks on the night. Nestled beside Fogo de Chao, Central Park – DIFC, The iLounge Dubai is known for its distinctive …

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Emirates Airline to bring its crowd-puller flagship A380 to Kuwait Aviation Show 2020

By editor
December 24, 2019 UTC
in :  Business & Finance, News, Travel

News Desk DUBAI: Emirates, the world’s largest international airline, is set to showcase its latest flagship Airbus A380 to visitors and spectators on 15 January at the Kuwait Aviation Show 2020. Visitors to the show will be able to tour the popular double-decker’s signature interiors and experience its industry trendsetting products across all three classes, including Emirates’ latest generation Onboard Lounge. …

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Gulf Air showcases Bahrain as a boutique destination to the UK market

By editor
December 23, 2019 UTC
in :  Business & Finance, News, Travel

MANAMA: Gulf Air – the national carrier of the Kingdom of Bahrain – in partnership with Bahrain Tourism & Exhibitions Authority, recently arranged a familiarisation trip for members of Southall Travel, one of the largest travel companies in the UK. The trip took place earlier this month and guests had the opportunity to experience the state-of-the-art Gulf Air aircraft and use …

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Emirates Islamic named ‘Best SME Bank’ at Enterprise Agility Awards

By editor
December 23, 2019 UTC
in :  Business & Finance, News

DUBAI: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, was named ‘Best SME Bank’ at the Enterprise Agility Awards, presented by du. The bank was recognised for its innovative and business-friendly proposition for small and medium enterprises (SMEs) and its status as a preferred bank for UAE national entrepreneurs seeking Shari’a-compliant products and services for their businesses. …

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BASF Construction Chemical business sold at €3.17 billion

By editor
December 23, 2019 UTC
in :  Business & Finance, News, World

LUDWIGSHAFEN: BASF and an affiliate of Lone Star, a global private equity firm, signed a purchase agreement for the acquisition of BASF’s Construction Chemicals business. The purchase price on a cash and debt-free basis is €3.17 billion. The transaction is expected to close in the third quarter of 2020, subject to the approval of the relevant competition authorities. “Our aim …

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Bank Alfalah organizes first-ever Supply Chain Finance roundtable conference

By editor
December 23, 2019 UTC
in :  Business & Finance, News

News Desk KARACHI: Bank Alfalah, one of Pakistan’s leading banks, organized first of its kind Supply Chain Finance round table conference, a platform for interactive discussion with corporate clients from across the industries. The round table conference brought together officials from IFC (World Bank Group), who are engaged with Bank Alfalah for establishment of Supply Chain Finance solutions and key decision …

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Faysal Bank signs agreement with Central Depository Company

By editor
December 23, 2019 UTC
in :  Business & Finance, News

KARACHI: Faysal Bank Limited and Central Depository Company of Pakistan Limited (CDC) have entered into an agreement for implementation of CDC’s Efficient Payment Mechanism (EPM) through Cash Management payment services of Faysal Bank. This agreement signing ceremony was recently held at the CDC House in the presence of senior management of both organizations.  Mr. Yousaf Hussain, President & CEO – …

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Etisalat rolls out successful blood donation campaign across United Arab Emirates

By editor
December 23, 2019 UTC
in :  News

ABU DHABI: Etisalat conducted a successful blood donation campaign across its offices across the UAE in collaboration with Sharjah Blood Transfusion and Research Centre and Abu Dhabi Blood Bank. Etisalat employees turned up in large numbers at Etisalat’s headquarters, offices and business centres in the UAE to donate blood and demonstrate their support for the cause with their selfless volunteering, in …

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INJAZ Pakistan to host FLI Graduation Ceremony on 24th December

By editor
December 23, 2019 UTC
in :  News

KARACHI: INJAZ Pakistan is organizing FLI Graduation Ceremony on Tuesday, 24th December 2019 at local hotel in Karachi. The stated vision for Financial Inclusion in Pakistan maintains that “Individuals and firms can access and use a range of quality payments, savings, credit and insurance services which meet their needs with dignity and fairness” However the level of financial inclusion in Pakistan is 10.3%, being …

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