News Desk PARIS: Paris has been named Official Host Destination for the World Sustainable Travel & Hospitality Awards 2026, with the Gala Ceremony to take place in the French capital on 9 December 2026 as the culmination of the two-day World Sustainable Hospitality Alliance Summit. The announcement marks a significant strengthening of the strategic partnership between the Awards and the Alliance, bringing together …

By Rafiq Vayani DUBAI: Emirates Environmental Group (EEG) successfully hosted its 2nd Panel Discussion of 2026, titled “Decarbonising Packaging: Life Cycle Assessment (LCA), Carbon Footprint, Innovation and Climate-Neutral Strategies.” The session convened policymakers, industry leaders, sustainability experts, academicians and youth to examine pathways for reducing packaging-related emissions and advancing climate-aligned, circular packaging systems. As global climate commitments intensify, the discussion …

By Rafiq Vayani KARACHI: Standard Chartered Bank Pakistan Limited (SCBPL) delivered a resilient financial performance with a Profit before tax of PKR 11.7 bn in Q1 2026 compared to PKR 17.0 bn last period. Revenue was lower year on year primarily due to sharp reduction in interest rates. The impact of margin compression on revenue was partially offset by a …

Becoming the First Airline in Saudi Arabia to Adopt the Evidence-Based Training (EBT) Program for Pilots RIYADH, SAUDI ARABIA: flynas, the leading low-cost airline in the world and the best LCC in the Middle East, has officially signed an agreement with Airbus to implement both the Evidence-Based Training (EBT) framework and the Airbus MATe Suite, a cutting-edge digital training platform, …

By Rafiq Vayani DUBAI: Mashreq, a leading financial institution in the MENA region, and Cashew, a UAE-based fintech platform, are strengthening their collaboration to co-create an embedded lending framework that brings together regulated banking expertise and digital platform innovation. Leveraging Cashew’s technology infrastructure alongside Mashreq’s regulated lending, credit decisioning, and risk governance capabilities, the framework embeds financing directly at the …

Web Desk KARACHI: Service Long March Tyres Limited, one of Pakistan’s leading manufacturers of truck and bus radial tyres, has announced its Initial Public Offering (IPO) at the Pakistan Stock Exchange, marking a significant milestone as the company moves into its next phase of growth with entry into the passenger car radial (PCR) tyre segment. The company has received approval …

Middle East retail market projected to exceed $162 billion by 2026 DUBAI: Amid rising operational costs and ongoing economic pressures across the retail sector, LaLaZar has announced the launch of the world’s first interactive virtual mall introducing a next-generation shopping model that goes beyond digital innovation to redefine how businesses sustain and scale in challenging market conditions. LaLaZar delivers a …

News Desk KARACHI: A high-profile delegation from National University of Technology (NUTECH) and Pakistan Institute of Space Technology (IST) met with the Executive Board of America Pakistan Business Development Forum (AMPAK) to explore avenues for enhanced cooperation between academia and industry. The meeting focused on fostering strategic partnerships, promoting innovation, and identifying opportunities for joint initiatives that can contribute to …

News Desk DUBAI: Heriot-Watt University and Aurora50 have today released the ‘GCC Board Gender Index Report 2026’, marking the third edition of this comprehensive study of women’s representation on the boards of publicly listed companies in the GCC. For the third consecutive year, the report remains the only index of its kind to provide a unified view of board composition …

By Rafiq Vayani ABU DHABI: Etihad Airways and Air Cambodia have launched a codeshare partnership today, giving Etihad customers easier access to Cambodia’s iconic Angkor Wat temple complex and one of Southeast Asia’s most captivating destinations. Through the partnership, Etihad customers can book flights from across its network to Siem Reap via Phnom Penh on a single ticket, with baggage checked through to …