KARACHI: Pakistan’s premier conglomerate, Engro Corporation (PSX: ENGRO) announced its financial results for full year ended December 31st, 2018. The Company posted a consolidated profit-after-tax (PAT) of PKR 23,632 million – up by 45%, while PAT attributable to the shareholders increased to PKR 12,708 million from PKR 9,407 million during comparative period last year. Engro Corporation completed 2018 with revenue of PKR 171,568 …

DUBAI: Former champions Simona Halep and Petra Kvitova moved into the quarter-finals of the Dubai Duty Free Tennis Championships on Wednesday, but both had to overcome second set challenges. Halep emerged with a 6-3 7-5 victory over Lesia Tsurenko and Kvitova fought off qualifier Jennifer Brady to win 7-5 1-6 6-3. Halep, who won the title in 2015, came through the …

DUBAI: Demand within the UAE’s food and beverage sector is expected to gain momentum over the next three years, supported by the country’s fast-growing population, rising number of tourists, and expanding halal food market, according to new analysis from Dubai Chamber of Commerce and Industry. The findings of the analysis were revealed during a briefing hosted earlier this week on …

By Rafiq Vayani DUBAI: Aiming to expand its global reach, English Biscuit Manufacturers (Pvt.) Limited (EBM), the leading biscuit manufacturers of Pakistan representing Pakistan at the Gulfood Exhibition 2019 at Dubai World Trade Center. While speaking to the media at the occasion, the Managing Director and CEO of EBM, Dr. Zeelaf Munir, said, “Quality has always served as the foundation …

By Rafiq Vayani DUBAI: Agthia Group PJSC, one of the region’s leading food and beverages companies, announced today the Group’s sustainability practices and application of environmental, social, and corporate governance (ESG) standards in its business operations in the presence of His Excellency Dr Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, His Excellency Eng. Dhafer Ayed Al …

DUBAI: World Number 1, Naomi Osaka spent an afternoon with Chef Ramola Bijendra from Jumeirah Creekside Hotel – the tournament hotel and spoke about all her favourite foods, her eating regime before and after matches and her go to ‘cheat meal’ which is French fries! Both Chef Ramola and Naomi were challenged to produce a great tasting salad, they spent …

DUBAI: Playing her first match since winning the Australian Open and her first as the world No. 1, Naomi Osaka was beaten 6-3 6-3 by an inspired Kristina Mladenovic at the Dubai Duty Free Tennis Championships on Tuesday. “I thought I played pretty bad,” said Osaka, while also admitting that she is not accustomed to being in the spotlight and …

News Desk RIYADH: Visa (NYSE:V), the world’s leader in digital payments, today brings Apple Pay to its Saudi-based cardholders. Apple Pay allows prepaid, debit and credit cardholders to make easy, quick and secure purchases using their iPhone and Apple Watch in stores that accept contactless payments. Visa cardholders can also make payments with Apple Pay in-app or on the web. Apple Pay will allow …

KARACHI: Telenor Microfinance Bank (TMB) and the Central Depository Company of Pakistan Limited (CDC) have signed a Memorandum of Understanding (MoU) at CDC House Karachi. A salient feature of the MOU will be the Easypaisa platform which will facilitate CDC account holders in biometric verification and collection of funds.  Signatories to the MoU were Shahid Mustafa, President & CEO Telenor …

KIGALI, Rwanda: A total of 20 startups from the UAE and Africa participated in the first-ever Chamberthon in Kigali, Rwanda, where participants collaborated and developed a framework for Dubai Chamber of Commerce and Industry’s Global Business Forum Mentorship programme, new cross-border mentorship programme. Organised by Dubai Chamber, the Chamberthon was held during the Africa Tech Summit 2019. A total of …