MANAMA, Bahrain: Gulf Air – the national carrier of the Kingdom of Bahrain – earlier this month conducted a visit to India in order to reaffirm the longstanding relationship between the Kingdom of Bahrain and India, unveiling a series of commercial dynamic plans for the Indian markets. A gala dinner was held in New Delhi and attended by some of …

KARACHI: Standard Chartered Bank (Pakistan) Limited has announced its Q1 2019 Results. The Bank delivered a strong profit in the first quarter of 2019 which led to a growth of 61per cent in profit before tax to PKR 6.7 billion. Overall revenue growth was 38per cent, whereas client revenue increased by 22per cent year on year with positive contribution from …

LAHORE: Every year, Nestlé Pakistan publishes its ‘Nestle in Society: Creating Shared Value (CSV)’ report. Continuing with the annual practice, the report for 2018 was published recently. It highlights Nestlé’s three main focus areas globally: individuals and families, communities and the planet. Waqar Ahmad, Head of Corporate Affairs, Nestlé Pakistan, while sharing his views said, “Nestlé’s CSV initiatives are in …

DUBAI: Shanghai Electric Group Co., Ltd. (“Shanghai Electric” or “the Group”), a leading multinational power generation and electrical equipment manufacturing conglomerate, has signed a Memorandum of Understanding (MoU) to collaborate with Saudi Arabia’s ACWA Power on global clean energy projects, continuing the group’s expansion into Belt and Road initiative countries (initiative countries). The two clean-energy providers signed the strategic partnership …

ABU DHABI: Adamas Motors LLC shows its commitment to the UAE with the opening of their brand-new Lotus Cars showroom in Abu Dhabi. Located in Sheikha Salama Building, Khalidiya, Abu Dhabi, the showroom offers new and existing customers the opportunity to experience the famous brand first-hand, in the heart of the capital. Officially opened under the patronage of HE Sheikh …

BIZ TODAY REPORT DUBAI: World’s renowned fashion designer Samina Shajani to participate in Ramadan Souk 2019 organizing by Ensemble Dubai and sopritti on Saturday, 27th April 2019 at Emirates Towers, Dubai. “Samina Shajani”, a name that women of exquisite taste & class choose to wear across nations worldwide, finally brings her exclusive talented private niche to the forefront for the masses. A …

COLOMBO: Pakistan’s largest biscuit manufacturer and food company, English Biscuit Manufacturers (Pvt) Ltd, (EBM) and GroupM Pakistan’s fastest growing media agency m/SIX, have represented the country on numerous international forums. Their most recent achievement, and yet another feather in EBM’s and m/SIX cap, is the award for the Best Digital Media Campaign of the year at the Sri Lankan Institute …

DUBAI: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced the first five lucky winners of Tesla cars in its Kunooz savings account promotion campaign. The campaign ends on 30th April, 2019. The lucky winners are UAE nationals Reem Al Hosani, Fatima Abdalla, Ala Mohamed Al Ali and Ahmad Rahimshahrawi, and Pakistani national Rizwana Sikander. …

KARACHI: The Board of Directors of BankIslami has approved the Bank’s First Quarter Financial Statements for the period ended March 31, 2019 in their meeting held in Karachi on April 24, 2019. The Bank has witnessed a promising start of the year 2019 and posted impressive results during first quarter of the current year. The Bank recorded operating profit before provisions …

News Desk DUBAI: The Muslim world has the potential to transform philanthropy through strategic targeting of tens of billions of dollars of obligatory alms, the United Nations High Commissioner for Refugees announced at an event attended by officials, ambassadors and specialists, to launch its Refugee Zakat Fund, a new global structure that transforms UNHCR’s existing Zakat program into a global …