By Rafiq Vayani RIYADH: ALUMINIUM Arabia has announced the participation of the Ministry of Industry and Mineral Resources as a Strategic Partner for its upcoming edition, reinforcing the Kingdom’s commitment to advancing its aluminium and mining sectors in line with Vision 2030. The partnership underscores the Ministry’s role in driving industrial diversification, strengthening value chains, and positioning Saudi Arabia as …

News Desk DUBAI: Evolving operating conditions across the Middle East are adding complexity to global supply chains, increasing the need for agility and preparedness across the logistics sector. As global and regional dynamics shift, key trade lanes are experiencing tighter capacity. Recent data shows that air cargo capacity from the Middle East and South Asia remains around 20% below year-ago …

News Desk KARACHI: The Government of Pakistan on Wednesday raised Rs114.347 billion through the third auction of its Hybrid Sukuk, marking the second such issuance in the current month, amid strong investor demand for Shariah-compliant instruments. Meezan Bank Limited acted as the Lead Joint Financial Advisor (JFA) for the transaction, playing a key role in structuring and executing the issuance. …

Interest in raw, uncut diamonds is growing as global crises drive more people to seek something authentic and unique, according to the jewelry brand Roughdiamonds.dk, which has tripled its revenue from customers in the United Kingdom and the United States over the past four years. In a jewelry market defined by perfection and synthetic diamonds, the Danish brand Roughdiamonds.dk is …

Spending patterns shifted during Ramadan and peaked around Eid Al-Fitr, with total spending up 10% during the Eid period By Rafiq Vayani KARACHI: Visa, a global leader in digital payments, today released its latest consumer spending insights for the Ramadan and Eid Al-Fitr period in Pakistan, based on the Visa Consulting & Analytics Retail Spend Monitor. During this period, spending …

By Javed Iqbal KARACHI: The Consulate of Sri Lanka organized a colorful and lively celebration of the Sinhala and Tamil New Year (Surya Udanaya) at the lush lawns of Iqra University Defence Campus. The event witnessed enthusiastic participation from the Sri Lankan community residing in Karachi, as well as Sri Lankan students studying at various educational institutions. The ceremony featured …

News Desk RIYADH: The Saudi Ministry of Hajj and Umrah has reaffirmed that the strict enforcement of the “No Hajj Without a Permit” policy is rooted in its commitment to protecting the rights of authorized pilgrims. This mandate ensures that all guests of the Holy Sites receive the high-quality services they deserve. The Ministry explained that unauthorized individuals create overcrowding …

News Desk DUBAI: RAKBANK today reaffirmed its long-standing commitment to the UAE’s SME sector, announcing a series of measures aimed at strengthening business resilience, maintaining credit flow and enabling growth during a period of heightened global uncertainty. For over five decades, supporting small and medium enterprises has been at the core of RAKBANK’s strategy. Having served more than 250,000 SMEs …

By Rafiq Vayani KARACHI: Mr. Zahid Hameed, Senior Vice President, Korangi Association of Trade and Industry (KATI) and Mr. Muhammad Ikram Rajput, President, KATI held an important meeting with Syed Nehal Hashmi, Governor Sindh to discuss matters related to the business community and industrial development. During the meeting, various issues concerning the Korangi Industrial Area were discussed in detail, with …

By Rafiq Vayani DUBAI/KARACHI: A new chapter begins as Saving Home Empire 4 proudly announces its upcoming project in the heart of the city, developed in collaboration with Saving Home Builders & Ali Empire Builders. Mr. Iqbal Advani, CEO of Saving Home, highlighted the vision behind the project, emphasizing a commitment to trust, innovation, and excellence in every development. With …