KARACHI: DIB is pleased to announce the successful completion of USD 101 Million in financing for D.G. Khan Cement Company Limited (DGKC) to facilitate the acquisition of Rafhan Maize Products Company Limited (RMPL). The financing, structured as a USD 101m Commodity Murabaha Facility, enabled the Nishat Group to acquire a majority stake in RMPL from the USA-based Ingredion Inc.DIB acted …

News Desk SHARJAH: The Sharjah Chamber of Commerce and Industry (SCCI) has launched its new website, introducing an integrated digital platform that provides members, businesses, and users with seamless access to SCCI’s electronic services, initiatives, and economic data.The launch reinforces the Sharjah Chamber’s digital transformation strategy, strengthens its online presence, and further improves the efficiency and quality of its service …

By Rafiq Vayani KARACHI: Arts Council of Pakistan Karachi, in collaboration with the Consulate General of Sri Lanka in Karachi, organized a vibrant cultural evening featuring the Sri Lankan dance performance “Kanya.” The event was attended by Consul General of Sri Lanka His Excellency, Sanjeewa Pattiwila, President Arts Council of Pakistan Karachi Muhammad Ahmed Shah, diplomats from various countries, consuls …

By Rafiq Vayani KARACHI: Aga Khan University (AKU), in collaboration with Exemplars in Global Health, the Gates Foundation, and Results for Development (R4D), will host a two-day international conference titled “Harnessing Cross-Country Lessons to Strengthen Evidence-Informed Policymaking in Pakistan” on July 8–9, 2026, at the AKU Auditorium in Karachi. The conference will bring together leading policymakers, researchers, academics, and development …

ISLAMABAD: The Pakistan Credit Rating Agency Limited (PACRA) has upgraded easypaisa digital bank’s long-term credit rating from A+ to AA-, reflecting the bank’s strong position as Pakistan’s leading digital bank and its successful transition into a fully licensed Digital Retail Bank (DRB). This represents easypaisa’s second consecutive credit rating upgrade from PACRA in as many years is a strong external …

Introducing a new perspective on premium performance, the latest SUV range features the MHERO I and the all New MHERO II, with its Dubai showroom now open DUBAI: Al Ghurair Mobility, part of one of the most trusted and diversified conglomerates in the region, has officially launched MHERO in the UAE, from Dongfeng Motor Corporation. This introduction underscores Al Ghurair Mobility’s long-term commitment to …

By Rafiq Vayani RIYADH: Saudi has announced the launch of Package Visa, a new digital initiative designed to simplify travel to Saudi by integrating tourist visa application directly into curated travel bookings. The launchis currently underway through qualified travel and tourism service providers across selected international markets ahead of a broader rollout. The initiative builds on Saudi’s wider efforts to …

SHARJAH: In a move that reflects the growing confidence of leading global industrial groups in Hamriyah Free Zone Authority, Shyam Middle East FZC, part of India’s Shyam Steel Group, has inaugurated its new manufacturing facility in Hamriyah Free Zone, Sharjah, with an initial investment of AED 60 million. The project marks Shyam Steel Group’s first international investment outside India, establishing …

By Rafiq Vayani DUBAI: This World Chocolate Day, Emirates is celebrating one of the sweetest parts of the onboard experience by revealing how the airline sources, selects, crafts and serves millions of chocolates and chocolate desserts to customers around the world each year. Whether travelling in Economy, Premium Economy, Business Class or First Class, customers can look forward to carefully curated …

LAHORE: TECNO, the AI-driven technology brand, today announced that customers in Pakistan can now enjoy three months of Google AI Plus at no additional cost with the purchase of eligible TECNO smartphones. The offer provides access to Google’s advanced AI capabilities and 2TB of cloud storage, empowering users to work smarter, create effortlessly and manage their digital lives with greater …