Web Desk KARACHI: Faysal Bank Limited (FBL), one of Pakistan’s leading Islamic banks, has won four prestigious accolades at the Global Islamic Finance Awards (GIFA) 2025, hosted by The Digital Banker. The Bank was recognised for Best Islamic Savings Account of the Year (Amal Women Account), Best Islamic Financial Inclusion Initiative (Khushal Kisaan Account), Islamic Debit Card of the Year …

News Desk DUBAI: ME FITOUT, a fast-growing interior fit-out company in the UAE, has unveiled a new high-tech, sustainability-driven manufacturing facility in Dubai Investment Park (DIP) to boost the UAE’s booming interior fit-out market projected to reach USD 4.13 billion by 2030. The 100,000-square-foot facility is designed to deliver multiple complex large-scale interior contracting projects, elevating quality, efficiency, and sustainability …

By Rafiq Vayani MECCA: Saudi local authorities inaugurated an expanded, climate-controlled pedestrian walkway to prepare for the Hajj, which starts Wednesday, June 4th. This initiative aims to improve the comfort and accessibility of millions of pilgrims, including those with disabilities. Additionally, environmentalists commend the project for its innovative employment of recycled materials and dedication to sustainable infrastructure in a significant …

By Rafiq Vayani DUBAI: Tourmaline Partners, a leading global provider of outsourced trading solutions, is pleased to announce the opening of its newest office in Dubai International Financial Centre (DIFC), marking a significant milestone in the firm’s international growth strategy. To lead this expansion, Kish Desai has relocated from the firm’s London office to Dubai and will spearhead Tourmaline’s efforts …

News Desk DUBAI: Norwegian assurance giant DNV has opened new premises at Expo City Dubai, unveiling a state-of-the-art, people-first office focused on employee wellbeing, reinforcing the city’s rise as a hub for innovative, sustainability-minded enterprises. Designed for 200-plus employees with wellness and community at its core, DNV’s new space in Expo City Dubai spans approximately 24,000 sqft and features recharge …

News Desk KARACHI: The Government of Pakistan, with strategic support from Meezan Bank and the Pakistan Stock Exchange, has launched its first sovereign Green Sukuk—marking a significant advancement in sustainable and Shariah-compliant public financing. Meezan Bank played a central role in this landmark issuance, serving as Joint Financial and Shariah Advisor. In addition to its advisory responsibilities, the Bank was …

By Rafiq Vayani DUBAI: In a significant step toward fostering greater collaboration within the Memon community, Mr. Kamran Ghani, Regional President of the World Memon Organisation (WMO) Middle East Chapter, and Mr. Waseem Tai, President of the Memon Association of Saudi Arabia (MASA), convened in Dubai for their second round of high-level discussions. Mr. Ahmed Shaikhani former Regional President WMO …

News Desk DUBAI: The successful re-launch of direct Pakistan International Airlines (PIA) flights from Dubai (DXB) to Skardu (KDU) are commencing May 29, 2025. To mark the occasion, a cake-cutting ceremony was held at the PIA office in Dubai, attended by H.E. Hussain Muhammad, Consul General. The event also welcomed members of a foreign tourist group traveling on the inaugural …

News Desk DUBAI: Emirates Flight Catering (EKFC), one of the world’s largest catering operations, has inked an agreement with Mallaghan, Al-Futtaim Auto and Machinery Company (FAMCO) and Volvo to purchase 53 aircraft catering trucks, an investment of AED 60 million (USD $16 million), as part of its extensive ground fleet renewal programme, under which EKFC plans to introduce 120 next-generation …

Web Desk ABU DHABI: Reaffirming its longstanding commitment to international cooperation and sustainable development, Abu Dhabi Fund for Development (ADFD) joined the official UAE delegation on a high-level visit to the Republic of Lebanon, aimed at strengthening economic ties and advancing strategic partnerships. The UAE President, His Highness Sheikh Mohamed bin Zayed Al Nahyan, met with President Joseph Aoun in …