By Rafiq Vayani DUBAI: Emirates Development Bank (EDB), the UAE’s development-focused financial engine, will announce at Ru’ya Careers UAE 2025 new initiatives that position the Bank not only as a financial institution but also as a launchpad for future Emirati leaders in industries that are reshaping the nation’s economy. The event takes place from 23 to 25 September at the …

The Company announces cash dividend of Rs 0.60 per share i.e. 6% and 5 bonus shares for every 100 shares i.e. 5%. KARACHI: IPAK group has recorded net profit of Rs. 664 million against loss of Rs 571 million last year, driven by enhanced efficiencies and cost control.  Consolidated sales grew by 51% to Rs 34 billion resulted in higher capacity …

Yango Tech onboards its second partner for the ‘Shops’ category in the Super App and provides complete end-to-end tech stack to support and optimize its operations KARACHI: Yango Tech, b2b arm of the global tech company Yango Group, has further expanded its footprint in Pakistan by integrating Naheed Supermarket, one of Karachi’s most recognized and trusted retailers, into the Yango …

News Desk DUBAI: dnata has signed a three-year sponsorship agreement with Dubai Basketball, becoming a Founding Partner of the city’s first professional basketball franchise. The deal represents dnata’s first major sports sponsorship and places the company’s brand at the centre of one of the most ambitious sporting projects in the region. With Dubai Basketball preparing for both the prestigious EuroLeague, …

DUBAI: The Postal Sector Regulatory Committee organised a ‘Customer Council’ session as part of the second phase of the Zero Government Bureaucracy Programme. The Council reviewed the feedback and proposals put forth by the attendees, reviewing key challenges and opportunities, strengthening public–private partnerships, and formulating ideas and recommendations that offer practical solutions to streamline procedures and eliminate unnecessary compliance requirements, …

By Rafiq Vayani DUBAI: flydubai, the Dubai-based carrier, inaugurated its twice-weekly service to Chișinăuyesterday, becoming the only UAE carrier to offer direct flights to Moldova. With the start of flights to Chișinău,this reflects the carrier’s commitment to opening up underserved markets as it continues to expand its network in Europe. Touching down at International Airport “Eugen Doga” Chișinău(RMO), the inaugural …

Web Desk KUALA LUMPUR: Bank Alfalah, one of Pakistan’s leading commercial banks, through its Islamic banking division, has been recognised with two prestigious accolades at the 2025 Global Islamic Finance Awards (GIFA): Best Bank for Islamic Window Business and Excellence in Shari’ah Assurance. These global recognitions reflect the Bank’s consistent growth, innovation, and strong dedication to Shari’ah compliance, placing the …

News Desk JEDDAH: Unilever today inaugurated its new deodorant production lines at its Binzagr Unilever Limited (BUL) factory in Jeddah. The inauguration was attended by H.E. Eng. Abdulaziz bin Majed Al-Ahmadi, Deputy Minister for Industrial Development at the Ministry of Industry and Mineral Resources, and several representatives from government and industry, including the Saudi Authority for Industrial Cities and Technology …

By Rafiq Vayani DUBAI/KARACHI: Bulk Management (Pakistan) Pvt. Ltd. has signed a Memorandum of Understanding (MoU) with Kiran Foundation to support the entrepreneurial aspirations of budding innovators from the “Beyond the School” Khudmukhtar Club. This collaboration reflects a shared commitment to nurturing courage, self-reliance, and innovation among young dreamers, empowering them as they take their first steps into the world of …

By Rafiq Vayani DUBAI: GFS Developments has announced the launch of Coventry Residence, a new residential project located in Dubai Industrial City, adding to the city’s growing pipeline of affordable housing developments. The project, which is scheduled for completion in the third quarter of 2027, is set to deliver a total of 163 units, comprising 145 studios and 18 one-bedroom …