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News

Arab Bank Group achieves record net profit of USD 1 Billion for 2024, 40% cash dividends

By editor
February 2, 2025 UTC
in :  Business & Finance, News

News Desk DUBAI: Arab Bank Group achieved strong results for the financial year ending December 31, 2024, with a record net profit of USD 1 billion, reflecting a robust 21% growth in net income after tax, amounting to USD 1,007.1 million compared to USD 829.6 million in 2023. Based on this record performance, the Board of Directors has recommended to …

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Malaysia celebrates tourist arrivals for Chinese New Year festivities

By editor
February 2, 2025 UTC
in :  Business & Finance, News, Travel

DUBAI/PUTRAJAYA: As part of promoting the exciting Visit Malaysia 2026 (VM2026) campaign, this year’s vibrant Chinese New Year celebrations were further enlivened by welcoming events for domestic and international tourists at four major airports across the country. At Kuala Lumpur International Airport (KLIA) Terminal 1 and Terminal 2 today, Mr Lee Thai Hung, Deputy Director General (Promotion II) of Tourism …

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Dubai Leads Solartrip’s 2025 Travel Trends, with 52.2% of Bookings at Five-Star Hotels

By editor
February 1, 2025 UTC
in :  Business & Finance, News, Travel

Dubai has solidified its position as the top destination for Solartrip travelers, with the city emerging as a favorite following the New Year holiday period. Solartrip’s data reveals that luxury accommodations are in high demand, with five-star hotels accounting for 52.2% of all bookings, followed by four-star hotels at 22.7%. Meanwhile, 12.8% of users opt for three-star hotels, 10.6% choose …

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Emirates inaugurates experiential Emirates World in Cairo

By editor
February 1, 2025 UTC
in :  Business & Finance, News, Travel

News Desk CAIRO/DUBAI: Emirates, the world’s largest international airline, unveils its Emirates World store in Egypt, expanding the reach of its refreshed travel retail store concept that elevates the customer experience through product showcases, smart technologies and expert travel consultants. The Emirates World store, located at the luxurious 5A WaterWay in Cairo, was inaugurated by Adnan Kazim, Emirates’ Deputy President and …

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Valima Reception of Abdul Wasay Tabani Hosted by Humza Yaqub Tabani

By editor
February 1, 2025 UTC
in :  News

By Rafiq Vayani DUBAI/KARACHI: A grand Valima reception was hosted by Humza Yaqub Tabani, Chairman , Tabani Group of Companies in honor of his beloved brother Abdul Wasay Tabani on Friday, 31st January 2025 at Arkedians, DHA, Karachi. The prestigious event brought together distinguished guests from the fields of business, industry, diplomacy, and politics, making it a remarkable gathering of prominent personalities. The reception was …

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IATA Releases SAF Accounting and Reporting Methodology

By editor
February 1, 2025 UTC
in :  Business & Finance, News, Travel, World

Web Desk GENEVA: The International Air Transport Association (IATA) released its methodology for accounting and reporting the emissions reduction associated with the use of Sustainable Aviation Fuel (SAF) by airlines. SAF is an essential component of airline plans to achieve net zero carbon emissions by 2050. The IATA methodology fulfils the critical need to ensure that SAF’s contribution to aviation’s …

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Saudia Arabia Remains One of the Top Choices for Pakistani Travelers: Wego

By editor
February 1, 2025 UTC
in :  Business & Finance, News, Travel

By Rafiq Vayani KARACHI Pakistan Wego, the number 1 travel app and the largest online travel marketplace in the Middle East and North Africa (MENA) and a trusted platform for millions of travellers worldwide, is excited to announce the expansion of its OTA platform now enabling Pakistani’s to ‘Book on Wego’. The company also revealed that Saudia Arabia remains top …

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Boyden Middle East celebrates 25 years of leadership excellence in the Middle East region

By editor
January 31, 2025 UTC
in :  Business & Finance, News

News Desk DUBAI: Boyden Middle East, a premier global leadership and talent advisory firm, marks its 25th anniversary of regional excellence with a milestone celebration held in Saudi Arabia, underscoring its continuous commitment to the region. The event, coinciding with the visit of global President & CEO Chad Hesters, brought together clients and senior executives from diverse industries to honour …

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EGA certified to Aluminium Stewardship Initiative Chain of Custody Standard, enabling first production of ASI-certified metal

By editor
January 31, 2025 UTC
in :  Business & Finance, News

News Desk DUBAI: Emirates Global Aluminium, the biggest ‘premium aluminium’ producer in the world, has been certified to the Aluminium Stewardship Initiative’s Chain of Custody Standard for its facilities in the UAE. The Aluminium Stewardship Initiative Chain of Custody Standard sets requirements for the tracking and accounting of responsibly-produced raw materials and metal throughout the value chain, from mine to …

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Chennai Super Kings welcomes Etihad Airways to the front of jersey

By editor
January 31, 2025 UTC
in :  Business & Finance, News, Sport, Travel

Etihad Airways, the national airline of the UAE, is celebrating the success of its partnership with Chennai Super Kings (CSK) by upgrading its logo to the coveted ‘front-of-shirt’ position. Following their successful partnership as Associate Sponsor during the 2024 season, where Etihad Airways had its logo on the back of the team jersey, Etihad has taken its sponsorship to the …

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SAMANA Developers Reinforces Commitment to Uninterrupted Project Deliveries and Construction Milestones in 2026

editor
April 6, 2026 UTC

SAMANA Developers on Track for 6 Project Deliveries in 2026 and 11 in 2027 …

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