Air Arabia (PJSC) (DFM:AIRARABIA) shareholders approved the distribution of 15 percent cash dividend for the financial year ending December 31, 2022 at the company’s Annual General Meeting (AGM). The dividend, which is equivalent to 15 fils per share, reflects another year of record financial performance for the award-winning low-cost carrier. The Board of Directors’ recommendation follows the airline’s robust financial …

InfraZamin collaborated with Nutshell Group to jointly host Pakistan’s first ever Infrastructure Summit at a local hotel in Karachi. Infrastructure development helps reduce unemployment and stimulates economic growth. In his welcome address, Muhammad Azfar Ahsan, Founder & CEO, Nutshell Group, and former Minister of State & Chairman, Board of Investment, said, “For infrastructure, we need political stability for an empowered …

Dubai-based retailer Union Coop, in its Al Barsha Mall branch received 223 students from Al Mawakeb School in Al Barsha area for a brief tour of the showroom. The visit was educational in nature wherein the students accompanied by their teachers and nannies were offered a tour of Al Barsha Mall. The students got to learn about the latest technologies, …

The Abu Dhabi Businesswomen Council, a subsidiary of the Abu Dhabi Chamber of Commerce and Industry (ADCCCI), hosted the Ramadan and Eid Exhibition, which provided female entrepreneurs across a range of sectors with a platform to showcase their products and services. Organised by the Council, the initiative aimed at supporting the businesswomen’s community in Abu Dhabi and enabling startups and small …

Emirates has boosted operations by 31% (total ASKMs) since the start of its financial year and has further plans to ramp up seat capacity in its latest published northern summer schedule starting 26 March 2023. In the past months, the airline has planned and executed the rapid growth of its network operations – reintroducing services to 5 cities; launching flights …

Union Coop, in cooperation with the General Directorate of Civil Defense in Dubai, carried out a mock fire evacuation drill at Etihad Mall, to determine the extent of readiness to deal with emergency cases and fire accidents. Union Coop stressed that mock evacuation training, which was organized in cooperation with the Dubai Civil Defense focused on the application of precautionary …

Dubai International Chamber, one of the three chambers operating under Dubai Chambers, has successfully attracted the leading international IoT development platform provider Tuya Smart. The company is listed in the New York Stock Exchange and the Hong Kong Exchanges & Clearing Ltd (NYSE: TUYA, HKEX: 2391), which reflects Tuya’s position as a leading global IoT platform development provider with a …

foodpanda, Pakistan’s leading food delivery platform, has announced a new partnership with Find My Doctor (FMD) to provide health services to its riders. Under this partnership, FMD will offer free online doctor consultations, discounts on lab testing rates, and medicine delivery services to foodpanda riders. “We are delighted to partner with Find My Doctor to provide essential health services to …

Mastercard and Bahrain-based fintech Infinios Financial Services have announced a strategic partnership to advance the digitization of business-to-business travel payments between travel buyers and suppliers through the first Mastercard Wholesale Program launch in region. The collaboration will enhance liquidity for travel suppliers, such as travel agencies, through greater transaction flexibility, transparency, and security. Infinios will deploy the Mastercard Wholesale Program, a virtual …

KARACHI: K-Electric Limited, in collaboration with Nutshell Group, jointly hosted a National Policy Dialogue on Localisation for growth at a local hotel in Karachi. The dialogue addressed the urgent need to explore options for indigenisation and sourcing materials from local avenues for Pakistan to build a resilient economy. As the world’s 4th most populous country, Pakistan’s reliance on imported fuels …