Commemorating the government’s yearly innovation festival, UAE Innovates 2023, Dubai Chambers has launched Innovation Week, a series of its own innovation sessions took place this week from 13-17 February. With a focus on its employees, Dubai Chambers’ Innovation Week aimed to instill a culture of innovation within its organisation and enhance the work environment. The Chambers aimed to engage employees …

Bagallery Pvt. Ltd, an online marketplace for Fashion and Beauty, has agreed to a roll-over Inventory financing facility to support and improve working capital management along with partial warehousing and distribution facility nationwide; thus; creating an ecosystem for the entire supply chain. KTrade is pleased to act as the ‘Financial Advisor & Arranger’ for this Transaction. The entire ecosystem is …

AL AIN, United Arab Emirates: Following on from the successful opening of The Saturday Market Al Ain Oasis, The Department of Culture & Tourism (DCT) is excited to share the range of vendors that are involved through-out the nine-week market. The market is a place to discover, shop & support local markers, offering every-thing from fashion, homeware and jewellery to organic …

Pakistan’s leading Islamic financial institution, BankIslami, has signed an MoU to join forces with Karachi Kings, as they become platinum sponsors to the franchise, marking their presence in the most anticipated cricketing event of the year, Pakistan Super League season 8. The MoU was signed by Bilal Fiaz, Group Head of Consumer Banking, and Mr. Wasim Akram, President, Karachi Kings.  …

The Indonesian Consul General in Karachi, Dr June Kuncoro Hadiningrat, welcomed the arrival of two young Indonesian cyclists who were travelling to Mecca by bicycle from Blitar, East Java since January 2023. They are Ivan and Haikal. After travelling through Batam, Singapore, Malaysia and Thailand, the two cyclists arrived in Karachi on 15 February 2023. The Indonesian Consul General in …

The Board of Directors of Meezan Bank,  approved the financial statements of the Bank and its consolidated financial statements for the year ended December 31, 2022. The meeting was chaired by Mr. Riyadh S.A.A. Edrees – Chairman of the Board, Mr. Faisal A. A. A. Al – Nassar – Vice Chairman of the Board was also present. The Bank’s profit …

CEQUENs Chief Research & Innovation Officer, Ahmed Shabrawy was announced as a winner at the CIO Leadership Award 2023 at this year’s prestigious Tahawultech.com CIO Leadership Awards ceremony. As a leader in one of the region’s fastest growing, bootstrapped unicorn companies in the making, Shabrawy has been tasked with the responsibility of helping businesses drive forward through innovation. Commenting on the award, …

Emirates today announced that it will boost its operations to and from Cairo to 28 weekly flights, effective 29 October, 2023. The additional flights provide more options for customers to connect to Dubai and beyond with enhanced schedules and the opportunity to enjoy more of the Emirates A380’s signature experience. The operational boost will see Emirates operating four daily flights, …

News Desk RIYADH: Following the successful inaugural event in 2022, World Defense Show (WDS) is delighted to announce that Saudi Arabian Military Industries (SAMI), a wholly owned subsidiary of the Public Investment Fund (PIF), is once again renewing its status as National Strategic Partner in a deal spanning the show’s next three editions. The partnership follows recent news from the …

Pakistan’s premier conglomerate, Engro Corporation Limited (PSX: ENGRO) announced its financial results for the year ended December 31, 2022. Overview of Financial Performance during  2022 Engro Corporation’s standalone revenue increased from PKR 21 billion in 2021 to PKR 24 billion in 2022, exhibiting healthy growth of 14%. Higher revenue was primarily due to higher dividends received from Engro Polymer & Chemicals …