By Rafiq Vayani AJMAN: The Ajman Department of Tourism Development – ADTD signed a memorandum of understanding with City University Ajman which aims to establish a partnership between the two parties to enhance cooperation, knowledge and expertise exchange in community services and institutional experiences. The memorandum of understanding was signed by His Excellency Mahmood Khaleel Alhashmi, Director General of the Ajman Department …

DUBAI: Dubai-based retailer ‘Union Coop’ launched its ‘third’ back-to-school campaign, parallel to the new academic season, which started on August 24 and will continue until September 3. The campaign includes discounts on several essential products and is a part of Union Coop’s consumer welfare initiative umbrella. Union Coop confirmed that the launch of the third Back to School campaign is …

Standard Chartered Bank (Pakistan) Limited delivered a record profit before tax of PKR 38.1 billion for H1’23, registering an increase of 73 per cent year on year. Profit after tax grew by 132% year on year to PKR 18.8 billion during the first half of the year. Performance was driven by strong income growth, as well as continued cost and …

GOA/DUBAI: Tourism Malaysia continues with its second roadshow to India this year across six 2nd tier cities from 14th to 26th August 2023. The roadshow kicks off in the city of Amritsar followed by Lucknow, Nagpur, Pune, Goa, and Coachin. Headed by the Deputy Minister of Tourism, Arts and Culture, YB Khairul Firdaus Akbar Khan, the roadshow consists of 45 local organisations comprising …

News Desk KARACHI: Faysal Bank Limited, one of the prominent Islamic banks in Pakistan, has shown stellar performance in the first half of the year, reflecting its robust business fundamentals as well as prudent risk management. According to the financial report released by the Bank, FBL achieved net profit of PKR 7.5 Bn, marking an impressive 72% increase over the …

MediaTek, a leading global fabless semiconductor company powering more than two billion connected edge devices every year, today announced it is working closely with Meta’s Llama 2, the company’s next-generation open-source Large Language Model (LLM). Utilizing Meta’s LLM as well as MediaTek’s latest APUs and NeuroPilot AI Platform, MediaTek aims to build a complete edge computing ecosystem designed to accelerate …

News Desk ABU DHABI: Nirvana Travel and Tourism Company, one of the leading travel and tourism management companies in the United Arab Emirates, announced that it has been awarded the Adam Smith in the category “Best-in-Class Treasury Solution in the Middle East” in recognition of its outstanding efforts in creating unique financial solutions to enhance its capabilities to meet the …

Relacom Pakistan (Pvt) Ltd, a leading technology service provider, and Abhi, a leading fintech company, have signed a contract to prioritize the financial well-being of Relacom’s employees. The collaboration between Relacom and Abhi signifies a shared vision to cultivate a supportive work environment that values the needs and aspirations of employees. The company is setting an example for the industry, …

Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that the GCC was the top export and re-export market destination for its members globally during the first half of 2023. Saudi Arabia was named as the top destination for members’ exports, with the total value recording year-over-year growth of more than …

News Desk FORT WORTH, Texas: American Airlines pilots, represented by the Allied Pilots Association (APA), ratified a new four-year agreement with the company today. The new contract will deliver more than $9 billion of compensation and quality-of-life benefits to American’s 15,000 pilots. “Today is a really great day for our pilots and airline,” said American’s CEO Robert Isom. “This agreement …