BYD released its 2024 financial report, with key indicators reaching record highs! The company achieved a revenue of RMB 777.1 billion, representing a 29% year-on-year increase, and a net profit attributable to shareholders of RMB 40.25 billion, marking a 34% year-on-year growth. R&D investment reached RMB 54.2 billion, up 36% year-on-year, setting a new record and bringing the company’s total …

KARACHI: New data from inDrive. City to City reveals a significant shift in travel priorities across Pakistan during the holy month of Ramadan, with a clear trend emerging: more Pakistanis are choosing ride-hailing services to connect with loved ones for the upcoming Eid-ul-Fitr celebrations. A recent inDrive survey underscores this growing preference, highlighting the increasing reliance on convenient and flexible …

COLOMBO, Sri Lanka: In a landmark move to strengthen regional capital market cooperation, the Pakistan Stock Exchange (PSX) has entered into a tripartite Memorandum of Understanding (MoU) with the Colombo Stock Exchange (CSE) and the Dhaka Stock Exchange (DSE). The agreement, signed today in Colombo, aims to establish an exchange forum to facilitate technology development and sharing, human resource sharing, …

By Rafiq Vayani DUBAI: Dubai Electricity and Water Authority (DEWA) has concluded its Meer Al Khair initiative, launched in collaboration with Al Ihsan Charitable Society in Ajman. The campaign, aimed at supporting families in need during the Holy Month of Ramadan, successfully gathered 409 boxes of basic food supplies, thanks to the generous contributions of DEWA and Mai Dubai employees. …

News Desk DUBAI: Consumers have become more reliant on personal data for everything from health records, financial documents, home video and photos, social media videos and more, and many are realizing the importance of backing up data. Western Digital today announced the results of a global research study by Researchscape, where 87% of respondents cite that they backup their data …

DUBAI: The TAAI WOW Awards, launched on the occasion of International Women’s Day, honored the leading ladies of the tourism fraternity. As part of this initiative, TAAI (Travel Agents Association of India) office bearers presented the TAAI WOW Scroll of Honour to Smt. Salma Fahim, IAS, Secretary, Department of Tourism, Government of Karnataka. The Chairman of TAAI, Karnataka Chapter, Mr. …

By Rafiq Vayani DUBAI: Paramount, a trusted cybersecurity solutions provider in the Middle East, will participate in the Gartner Security and Risk Management Summit as a premier partner to highlight the evolving landscape of artificial intelligence (AI) security and share actionable strategies to navigate the complexities of AI adoption. During the event, the company will present the ‘Paramount AI Framework’ …

News Desk ABU DHABI: Abu Dhabi Aviation Group (ADA) has signed a strategic Memorandum of Understanding (MoU) with Archer Aviation (NYSE: ACHR) to deploy the first fleet of its Midnight electric vertical take-off and landing (eVTOL) aircraft globally, starting this year. This initiative is part of Archer’s global, “Launch Edition”, which was launched from Abu Dhabi in partnership with ADA …

KARACHI: In another step towards achieving greater innovation and customer-centric experience, K-Electric (KE) has become Pakistan’s first power utility to introduce a generative AI-powered chatbot called Kineto. The development is a continuation of KE’s remarkable ongoing transformation journey that has seen it increase customer satisfaction through all its digital channels. Kineto is designed to provide fast, seamless, and 24/7 support …

Web Desk As spring basketball marches on, American Airlines has already scored a perfect March Map-ness bracket, with fans choosing Punta Cana, Dominican Republic, as their favorite destination from among 16 vacation spots. To celebrate, American is offering flights to Punta Cana International Airport (PUJ) from just 5,000 AAdvantage® miles one-way*, available to book now. Punta Cana, one of the top-visited destinations …