Rising electricity tariffs are increasingly moving beyond the affordability of the masses and adversely impacting their consumption patterns. This alarming trend is also causing a sharp decline in the recoveries of distribution companies (DISCOs) which can lead to difficulties in paying for power purchases from the generation companies, maintaining distribution networks, and servicing debts. These factors further hinder the ability …

By Rafiq Vayani DUBAI/KARACHI: Global business-to-business (B2B) e-commerce platform Alibaba.com today announced that it will participate in the 4th International Textile Exhibition (TEXPO 2023) to be hosted by the Trade Development Authority of Pakistan (TDAP) from 26-28 May 2023, with an aim of connecting Pakistani textile exporters with its community of more than 40 million buyers worldwide. The three-day TEXPO 2023 is set …

Dubai Maritime City (DMC) has received the ISO 9001:2015 certificate of approval for its Reservation Department from Lloyd’s Register Quality Assurance (LRQA). The certification acknowledges DMC’s commitment to quality management systems of wet and dry berth reservation and booking services for vessels of DMC. This achievement reinforces DMC’s focus on maintaining high quality that meets global standards and underscores its …

News Desk DUBAI: Dubai International Arbitration Centre (DIAC) is pleased to announce two high-impact, in-person arbitration training sessions, reinforcing our commitment to developing regional arbitration talent. These sessions aim to equip legal and arbitration professionals with the essential knowledge and practical skills required to handle arbitration cases under the DIAC Rules. The first session, conducted in English, will take place …

Emirates is back in action as the Official Airline and Premium Partner of Roland-Garros 2023 for the eleventh consecutive year.  A long-standing partner of Roland-Garros since 2013, the airline recently renewed its commitment as Premium Partner of the Grand Slam until 2027. The premier clay court event is set to take place from 28 May until 11 June 2023 at Stade Roland-Garros. Boutros Boutros, Divisional …

RIYADH: The Public Investment Fund (“PIF”) announced today, in the run-up to the World Health Organization (WHO) World No Tobacco Day on May 31st, the establishment of Badael Company (“Badael” or the “Company”), which aims to develop, manufacture and distribute innovative products targeted to reduce smoking prevalence and promote healthier lifestyles by offering tobacco-free and less harmful alternatives. The initiative …

With an average annual growth rate of 2.41 percent in Sindh, the total current population is 56.3 million (2022), estimated to grow to 95.7 million by 2050. 3,000 maternal deaths occur annually due to insufficient health coverage, which can be reduced by 33 percent if contraceptive use rises from 31 percent to 49 percent. Total fertility rate in Sindh is …

By Rafiq Vayani DUBAI/KUALA LUMPUR: Leveraging the potential of the water sports segment, especially scuba diving, in attracting tourist arrivals to the country, Tourism Malaysia today launched a new 4-minute promotional video entitled “Dive Into The Unimaginable” featuring the wonders of the underwater kaleidoscope and stunning array of aquatic flora and fauna available in Malaysia. The rich biodiversity of marine …

DOHA: Discover Qatar is thrilled to unveil its highly anticipated Formula 1® Ultimate Fan Experience Package, offering motorsport enthusiasts a unique opportunity to be in the midst of the most prestigious racing event, the Formula 1® Qatar Airways Qatar Grand Prix 2023, taking place in Doha between 6 – 8 October 2023. Adding allure to this premium package, car enthusiasts …

The latest launch of the Dh350 million Ivy Gardens residential project is heat resistant, green, energy efficient, has private pools, recycles grey water for irrigation, supports decarbonization and hence an environmentally sustainable project. The project complies with the Dubai Municipality’s Green Building Regulations for creating a built environment that is resource efficient in terms of energy, water, and materials whilst …