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News

AEG Retreat marks the completion of an entire year offering retail travel services

By Rafiq Vayani
January 19, 2023 UTC
in :  Business & Finance, News, Travel

News Desk KARACHI/DUBAI: AEG Retreat marked the completion of an entire year offering retail travel services. We have helped individuals streamline their travel planning, saving time and money while enhancing the overall travel experience. Our company offers a range of services including flight and hotel booking, car rental, visas, and insurance. Our platform makes it easy for clients to plan, …

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e& named MEA’s most valuable portfolio of telecom brands, by Brand Finance

By Rafiq Vayani
January 19, 2023 UTC
in :  Business & Finance, News

e& (formerly known as Etisalat Group) has consolidated its position as the most valuable portfolio of telecom brands in the Middle East and Africa (MEA), according to the 2023 Brand Finance Global 500 Report released at the World Economic Forum (WEF) in Davos. Highlighting its transformation efforts into a global technology and investment conglomerate, e& has achieved remarkable business growth …

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KE requests highest ever FCA reduction of PKR 10/unit for December 2022

By editor
January 18, 2023 UTC
in :  Business & Finance, News

K-Electric has requested NEPRA to pass a reduction of PKR 10.26 per unit in customer bills under Fuel Charges Adjustment (FCA) for the month of December 2022. This request has been made under the FCA mechanism governed by NEPRA. The FCA is reviewed every month as per the tariff regime applicable across the country and is usually applicable to the …

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Agri-Fintech Digitt+ joins hands with Asia Insurance

By editor
January 18, 2023 UTC
in :  Business & Finance, News

Following its prior trend of being a creative disruptor in the industry, Akhtar Fuiou Technologies (AFT) has collaborated with Asia Insurance to create financially inclusive digital insurance products, powered to revolutionize the local market. This collaboration is a testament to AFT’s commitment toward the enablement of the unbanked population of Pakistan in all capacities through its country’s first Agri-Fintech platform …

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Qatar Airways and Air Serbia sign comprehensive codeshare agreement

By editor
January 18, 2023 UTC
in :  Business & Finance, News, Travel, World

Qatar Airways is pleased to announce it has signed a comprehensive codeshare agreement with Air Serbia, the flag carrier of Serbia, allowing passengers seamless travel to over 40 destinations when travelling on each other’s networks effective 01 February 2023.   Qatar Airways currently operates five weekly flights between its hub in Doha, Qatar and Belgrade, the Serbian capital. The codeshare agreement …

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Interview with Mr. Raymund Scheffler, Chief Development Officer, Novel Foods

By editor
January 18, 2023 UTC
in :  Business & Finance, News

Q1- “Sugar is the new tobacco” is a slogan that was featured on sugar sachets. Do you think it’s fair to compare sugar with tobacco in terms of its negative impact on one’s well-being? The excessive added sugar intake can be compared to the consumption of tobacco to be more precise. Consuming added sugar with great amounts can impose several …

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Etihad Airways and SATAVIA sign multi-year commercial agreement

By editor
January 18, 2023 UTC
in :  Business & Finance, News, Travel

Etihad Airways, the national carrier of the United Arab Emirates (UAE), has signed a ground-breaking contrail management contract with SATAVIA, a leading UK-based green aerospace firm. The partnership will build on a previous proof-of-concept engagement to expand the scope for contrail management within day-to-day flight operations. The partnership also incorporates an agreement to collaborate on the generation of future carbon …

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Emirates’ flagship A380 returns to Morocco

By editor
January 18, 2023 UTC
in :  Business & Finance, News, Travel

Emirates has announced that it will reintroduce its flagship A380 to Casablanca as part of the airline’s ramp up of operations to Morocco.  Starting from 15 April, the airline will replace the Boeing 777-300ER aircraft currently used between Dubai and Casablanca with its flagship A380 to meet growing demand on the route. The A380 service, operating as EK751 departs from …

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PSX signs Agreement with Karandaaz at a Gong Ceremony

By editor
January 18, 2023 UTC
in :  Business & Finance, News

In a landmark development for the capital market, Pakistan Stock Exchange (PSX) signed an Agreement with Karandaaz whereby Technical Assistance (TA) grants would be given to prospective companies to be listed on the GEM Board. The Agreement was signed by Mr. Farrukh H Khan, MD & CEO PSX, and Mr. Waqas ul Hasan, CEO Karandaaz Pakistan (KRN), at a gong …

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PETRONAS Lubricants International designs sustainable fluids with IVECO for commercial EVs

By editor
January 18, 2023 UTC
in :  Business & Finance, News, World

PETRONAS Lubricants International (PLI) strengthens its historic partnership with IVECO by co-developing fluids for IVECO’s new zero-emission eDAILY vehicles, designed to maximise performance and enhance sustainable solutions for the commercial automotive industry. The long-standing collaboration between the two industry leaders, grounded in automotive innovation and resilience since 1975, has resulted in thousands of hours of co-engineering, producing the highest-quality standard …

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The UAE Banking and Financial Sector is Resilient, Strong, Stable, and Well-Positioned to Navigate Regional Developments

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