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News

Ali Akhai selected as a Young Global Leader from Pakistan

By Rafiq Vayani
March 15, 2023 UTC
in :  Business & Finance, News

By Rafiq Vayani DUBAI/KARACHI: The World Economic Forum has announced the induction of the newest members of its Young Global Leaders class of 2023. This year’s cohort of members are from various sectors including political leaders, innovative entrepreneurs and passionate activists. The chairman of Martin Dow Group Mr. Ali Akhai is also selected as one of the Young Global Leaders …

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Meezan Bank signs MoU with Fieldfisher Capital

By Rafiq Vayani
March 15, 2023 UTC
in :  Business & Finance, News

Pakistan: Meezan Bank, Pakistan’s leading Islamic Bank, has recently signed a Memorandum of Understanding (MoU) with Fieldfisher Capital LLP (FFC) – a multi-disciplinary advisory service, under which both parties will collaborate to provide Shariah advisory services to international clients including, but not limited, to Europe and the Middle East. The signing ceremony took place at Meezan House, Karachi and the MoU was …

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Superior Essex Communications to Showcase Smart Building Technologies at CABLEXX 2023 Show in Cairo

By Rafiq Vayani
March 15, 2023 UTC
in :  Business & Finance, News

Superior Essex Communications, a leading manufacturer of communications cables in North America, will showcase solutions for smart building technologies at  CABLEXX 2023, 15-16 March, at Dusit Thani LakeView, in Cairo. This is the second year the cable manufacturer has attended the show. This year, it will be at Booth E4. As a manufacturer at the forefront of innovation, Superior Essex …

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38% Emiratization reported by Union Coop in 2022

By Rafiq Vayani
March 15, 2023 UTC
in :  Business & Finance, News

Dubai-based retailer ‘Union Coop’ stressed the importance of ‘Emiratization’ in the private sector as the Human Resources & Emiratization Department Director, Mr. Ahmad Salem Bin Kenaid Al Falasi revealed that the percentage of Emiratis working in the cooperative until the end of 2022 reached 38%. This highlights the cooperative’s plans and strategies to increase the Emiratization percentage annually in response …

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Careem removes ‘peak charge’ on bikes and rickshaws amid high inflation

By Rafiq Vayani
March 15, 2023 UTC
in :  Business & Finance, News

Careem, the leading ride-hailing service in Pakistan, announces to remove ‘peak charge’ on its bikes and rickshaws categories across Karachi, Islamabad and Lahore. The initiative is taken in light of the recent economic situation in Pakistan where inflation and global fuel prices are at an all-time high. Peak charge is an AI automated element in the pricing system, which is usually applied …

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Andrew Buckingham to lead Coca-Cola’s Middle East operations

By Rafiq Vayani
March 15, 2023 UTC
in :  Business & Finance, News
Coca-Cola supports small shopkeepers as Government opens up economy

DUBAI, United Arab Emirates: Andrew Buckingham has been appointed as Vice President and General Manager for Coca-Cola Middle East region. Bringing more than 23 years of international experience working within Coca-Cola to his new role, Buckingham will continue the company’s goal of strengthening and growing its Middle East business which comprises 13 markets. By driving the next chapter in its growth …

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Ajman Tourism organizes “Echoes of Armenia”

By Rafiq Vayani
March 15, 2023 UTC
in :  Business & Finance, News, Travel

The Ajman Department of Tourism Development is organizing a folkloric dance show titled “Echoes of Armenia” on the 16th of March in collaboration with the Sultan bin Ali Al Owais Cultural Foundation, which constitutes a prominent event of Ajman’s cultural scene. The “Echoes of Armenia” dance show is a free entry event taking place at the Ajman Culture Center, and …

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Zippy Writers organizes interactive training session on “Empowering Women Through Freelancing”

By Rafiq Vayani
March 15, 2023 UTC
in :  Business & Finance, News

Zippy Writers, an organization working for training and women empowerment, organized an interactive training session for aspiring women freelancers on “Empowering Women Through Freelancing”. The event took place on Sunday 12th March 2023 in Karachi. A training session was organized in the celebration of International Women’s Day to educate aspiring women freelancers who want to kick start their career as …

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Air Arabia shareholders approve 15% dividend distribution at AGM

By editor
March 14, 2023 UTC
in :  Business & Finance, News, Travel

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 …

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InfraZamin and Nutshell Group hosts first ever Infrastructure Summit

By editor
March 14, 2023 UTC
in :  Business & Finance, News

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 …

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Latest Interviews

The world is watching – Dubai World Cup to be televised live by a record 40 broadcasters

editor
March 26, 2026 UTC

By Muhammad Rafiq DUBAI: The landmark 30th running of the US$30.5million Dubai World Cup fixture …

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