The State Bank of Pakistan (SBP), in collaboration with Pakistan Telecommunication Authority (PTA) and UK’s Foreign, Commonwealth and Development Office (FCDO), unveiled the mass media campaign for Asaan Mobile Account (AMA) a flagship initiative under the National Financial Inclusion Strategy, today to mark its formal launch. AMA aims to address financial exclusion challenges faced by the unbanked segments by providing …

SUNWAY CITY KUALA LUMPUR, MALAYSIA; In a bold drive to seal its position as Asia’s leading fully-integrated premier hospitality and entertainment destination, Sunway Resort located in the amazing Sunway City Kuala Lumpur unveils phase one of its once-in-a-generation transformation. Sunway City Kuala Lumpur’s transformation of its flagship property, Sunway Resort, began early 2020 – the most extensive renovation in its …

Pakistan Stock Exchange (PSX) has formally launched a new sector, “Property”, for non-REIT real estate related listed companies. This addition takes PSX closer to a better and improved reflection of the economy in the composition of listed companies. This is an attempt to distinctly represent the important element of real estate and construction in Pakistan Stock Exchange.  The addition of …

Air Arabia (PJSC), the Middle East & North Africa’s first and largest low-cost carrier operator, today reported a strong first half (January to June) 2022 as recovery in demand for air travel continued. Air Arabia reported a net profit of AED 451 million for the first six months ending June 30, 2022, compared to AED 44 million registered in the corresponding first …

Etihad Airways is set to strengthen air connectivity between the UAE and the Philippines this winter with an additional daily service to Manila. A second daily flight will be established on 30 October, providing guests with a total 14 flights per week between Abu Dhabi and the Filipino capital. Both daily frequencies will be operated on a Boeing 787 Dreamliner, one …

Al Ramz Corporation Investment and Development PJSC, a Dubai Financial Market listed company offering a variety of financial solutions including asset management, corporate finance, market making, prime brokerage, public offering management and research, reported a 11% rise period-on-period in net profit for the first half of 2022. Key financial highlights for the first half of 2022 The first half of …

Priding itself on a brand promise of ‘Fly Better’, Emirates is investing over US$ 2 billion to enhance its inflight customer experience, including a massive programme to retrofit over 120 aircraft with the latest interiors, plus an array of other service improvements across all cabins starting in 2022. Sir Tim Clark, President Emirates Airline said: “While others respond to industry pressures …

Saudi Payments signed a strategic sponsorship agreement to sponsor Seamless, the world’s leading payments and commerce technology conference and exhibition, which is organized for the first time in Riyadh, Saudi Arabia, during the period from 2 to 3 November, 2022. Mr. Abdulaziz AlAfaleg, Managing Director at Saudi Payments and Mr. Joseph Ridley, General Manager at Terrapinn Middle East, signed the …

Close on the heels of re-introducing double-daily flights, Emirates has announced plans to up frequencies to Mauritius starting 1 October 2022. The additional evening frequency which will operate up till 31 January 2023 is in response to increased travel demand to and from Mauritius, and will boost connectivity to the island nation. Emirates’ third-daily flight to Mauritius will operate with …

Pakistan Stock Exchange (PSX) hosted a meeting with the Federal Minister for Finance & Revenue, Dr. Miftah Ismail, where Chairperson PSX, Dr. Shamshad Akhtar; Chairman SECP, Mr. Aamir Khan; MD & CEO PSX, Mr. Farrukh H. Khan; Chairman FBR, Mr. Asim Ahmad; Deputy Governor SBP, Dr. Inayat Hussain; Special Secretary Finance, Mr. Awais Manzoor, and key stakeholders including Chairman Arif …