Arab Bank Group achieved strong financial performance for the year ending December 31, 2025, with a net profit after tax USD 1130 million compared to USD 1007 million in 2024, reflecting a growth of 12%. The Group’s equity position also reflects financial stability and resilience, standing at USD 13.2 billion at year-end. The impressive results were driven by growth across …

KARACHI: The Karachi Literature Festival (KLF) is back for its 17th edition from 6–8 February 2026 at the Beach Luxury Hotel, reaffirming its position as Pakistan’s largest and most influential literary gathering. Free and open to the public, KLF 2026 brings together ideas, imagination, and dialogue at a time when literature’s role in shaping empathy and resilience has never been …

Web Desk KARACHI: Pak Qatar General Takaful Limited’s IPO witnessed extraordinary investor demand, with applications received for 71.7 million shares through 13,013 applications, amounting to PKR 1.003 billion. This resulted in an oversubscription of approximately 9.6x. The public offering was held on 28–29 January 2026. Unprecedented retail demand led to a historic development: the public portion was increased from 25% …

News Desk ABU DHABI: Led by H.H. Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, the Board of Directors of Etihad Rail held a meeting at the Abu Dhabi Passenger Station in Mohammed Bin Zayed City to review progress across the UAE’s national rail network and the company’s readiness for the launch of passenger rail services in 2026. During the …

Karachi is set to host the FEMPACT Conference and Awards 2026, a landmark policy dialogue platform initiated by Xenab Ansari, bringing together some of Pakistan’s most influential female leaders, policymakers, corporate voices, and change-makers. The conference aims to move the national conversation on inclusion beyond dialogue into measurable action through impactful keynotes, panel discussions, and recognition of leadership driving systemic …

News Desk DUBAI: AGMC, the official importer of BMW Group vehicles in Dubai, Sharjah, and the Northern Emirates, announced the renewal of its motorsport partnership with Team WRT for the Asian Le Mans Series, taking place at Dubai Autodrome from 30 January to 1 February 2026. The renewed partnership follows a strong start to the 2026 endurance racing calendar, with …

KARACHI: The grand finale of the annual popular declamation contest for Karachi schools, organised by the Board of Management, Jinnah Society, and KCFR was held here earlier today at the historic Quaid-e-Azam House Museum. As many as 34 schools participated in the competition, and after an exhaustive two-day elimination process, ten schools were finally selected for the grand finale by …

By Rafiq Vayani DUBAI: English Biscuit Manufacturers (EBM), Pakistan’s largest biscuit and cake manufacturer, revealed its ambition to become a regional FMCG player and explored opportunities for growth in GCC markets during Gulfood 2026. Joining industry leaders at the exhibition, Dr. Zeelaf Munir, Managing Director and CEO of EBM and Chairperson of the Pakistan Business Council, shared insights on Pakistan …

News Desk DUBAI: Dubai Chambers welcomed the Honourable Trevor Jones, Ontario Minister of Agriculture, and his accompanying delegation for high-level discussions aimed at strengthening trade and promoting investment opportunities between Dubai and the Canadian province of Ontario. The visiting delegation was welcomed by H.E. Eng. Sultan bin Saeed Al Mansoori, Chairman of Dubai Chambers; and H.E. Mohammad Ali Rashed Lootah. …

By Rafiq Vayani DUBAI: Al Zorah Real Estate Development Company, the joint venture between the Government of Ajman and Solidere International, has signed a land acquisition agreement with Samana Real Estate Development Company, one of the leading companies in the real estate sector with diverse investments, to develop an upscale and mixed-use waterfront destination in Al Zorah City valued at …