ABU DHABI: Gulf investors will now be able to tap the US$88.23 billion (INR6 trillion) affordable housing market following a tie-up between Mi Capital, a Dubai-based financial institution dealing in corporate finance, capital restructuring, mergers and acquisitions, and Life Insurance Corporation Housing Finance Ltd. Asset Management Company (LICHFLAMC). LICHFLAMC is a subsidiary of LIC – India’s largest insurer and financial …

ADDIS ABABA: DHL Global Forwarding, the leading international provider of air, sea and road freight services, and Ethiopian Airlines, the largest aviation group in Africa, today signed a new agreement to form a joint venture company – DHL-Ethiopian Airlines Logistics Services Ltd., to build the Leading Cargo Logistics provider JV company in Africa; the company will be based in Ethiopia …

DUBAI: Henkel has officially inaugurated its first Beauty Care laboratory in the Middle East. As a further milestone of Henkel’s continuous investment in the region, the new facility provides state-of-the-art technology to innovate and test Beauty Care products tailored specifically for the consumers in the Middle East. The new Beauty Care laboratory is the second Henkel lab in Dubai, with …

KARACHI: National Bank of Pakistan (NBP) has been honored with the prestigious “FPCCI Achievement Award” for its contributions in the banking & financial services sector. Mr. Saeed Ahmad, the President and Chief Executive Officer of NBP conferred with a gold medal by the President of Pakistan, Mr. Mamnoon Hussain. FPCCI Achievement Awards recognize the services of organizations in different sectors …

By Muhammad Rafiq DUBAI: On March 30, 2019, the Dubai World Cup meeting is set to enhance its status as the world’s richest day of horseracing. Total purses for the card, which will feature six Group 1 and three Group 2 fixtures, will increase from US $30 million to $35 million. Its namesake race, the Group 1 Dubai World Cup …

By Dr. Syeda Sadaf Akber Ensuring reliability of electronic designs has become increasingly important and driven by competitive market forces. The Design for Reliability (DfR) seminar held at the Dadabhoy Institute of Higher Education by Mr. Ken Powell who is a Risk and Reliability Engineering specialist and currently working as a Director of Reliability Engineering, Philips Medical Systems, The Netherlands. He …

SEOUL: The subsidiary of Korean Air will now use the leading flight animation software CEFA FAS to guarantee flight safety and enhance pilot training. Based in Seoul, the low-cost carrier (LCC) decided to use the software CEFA FAS (Flight Animation System) for its safety department. It will allow to animate the data of its 30 aircraft. Jin Air operates a …

ATLANTA: Forbes Travel Guide, the global authority on luxury travel, announced today a plan to significantly scale the company from evaluating and verifying luxury hospitality in 60 countries to 100 countries by the end of 2019. As part of this growth strategy, the company has made several key appointments and executive promotions. Gerard “Jerry” Inzerillo, who has served as CEO …

KARACHI: Pakistan is a country with nearly half the population using mobile phones. There are approximately 150 million mobile users, of which 56 million are 3G/4G subscribers. To ensure that the users are provided a better visual of the Elections, Dawn.com and TPL maps have designed a map which ensure updates in real time. Keeping in mind the surge in …

DUBAI: Copthorne Hotel Dubai, located within four kilometers of Dubai International Airport, has rolled out its transit package, aimed at encouraging passengers to exit the airport, spend a day or two in the city and enjoy its key attractions. The transit package starts from AED249 for a stay in a Superior room inclusive of breakfast, Wi-Fi access, airport return drop …