ABU DHABI: Pakistan Telecommunication Company Limited (“PTCL”), e&’s listed operating company in Pakistan, today announced that it has signed a binding agreement with Telenor ASA (Telenor) to acquire a 100 per cent stake in Telenor Pakistan (Pvt) Ltd (Telenor Pakistan) for Enterprise Value of PKR 108bn on a cash free, debt free basis. The acquisition brings together the strengths and expertise of …

DUBAI: Arcilla Property Partners, a leading development and design company, has announced it has won contracts to develop and design more than 100,000 sq. feet of luxury residential real estate following a phenomenal two years of operation in the UAE. Founded by property magnets Alexis Stellakis and Harry Helsby, Arcilla’s impressive portfolio of projects has risen to eight sites across the …

ABU DHABI: Solutions+, a Mubadala company, and Mubadala Investment Company have signed a Memorandum of Understanding (MOU) at COP28, solidifying a strategic partnership on a decarbonization journey for corporate operations, leveraging Solutions+’s expertise in shared services and sustainable practices. This multifaceted partnership is set to encompass crucial aspects such as annual carbon emissions calculation, implementation of energy efficiency measures and …

As a busy year of international travel draws to a close, the world’s largest international airline is revealing how passengers spent their time inflight, delving into data to dissect what exactly Emirates customers watched and listened to on journeys to and from 140 destinations around the world. Most watched movies on ice in 2023 Customers craving top notch entertainment are spoilt for …

News Desk DUBAI: flydubai, the Dubai-based carrier, was named “Airline of the Year” at the Aviator Middle East Awards, formerly known as The Aviation Business Middle East Awards. Daniel Kerrison, Senior Vice President of Inflight Operations at flydubai, accepted the award on behalf of the carrier at a ceremony held yesterday in Dubai. The event was attended by key members …

KARACHI: On 7 December 2023, Royal Thai Consulate General of Thailand in Karachi organized a sports day activity for Thai students at the Legends Arena in Karachi. Consul General of Thailand presided over the event and about 100 people participated include officials and staffs from RTCG, Thai students from Binoria University International and Madarsa Ibn e Abbas in Karachi. Consul …

Meezan Bank, a pioneer in Islamic banking, acted as lead Joint Financial Advisor in the groundbreaking listed Ijarah Sukuk Issuance for the Government of Pakistan (GoP). This is the first listed GoP Ijarah Sukuk issued through Pakistan Stock Exchange (PSX), allowing retail investors access to Shariah-compliant government securities in denomination of PKR 5000/-. Other Joint Financial Advisors included Dubai Islamic …

News Desk DUBAI: Amazon UNIVERSITY Esports, the foremost esports and education initiative, and Deliveroo, the award-winning delivery service, have unveiled a pioneering collaboration agreement. This strategic alliance is designed to elevate both the gaming and educational spheres in the UAE. Since its launch in the UAE, Amazon UNIVERSITY Esports has had a huge growth in the number of players and …

By Muhammad Rafiq DUBAI: KROHNE, one of the leading global manufacturers of process instrumentation, looks back upon its COP28 activity and looks forward to driving the just transition in light of learnings and resolutions formed the past two weeks, during the United Nation’s global climate change summit held under the presidency of H.E. Dr. Sultan Ahmed Al Jaber, also Group CEO …

Sport Desk LAHORE: Pakistan’s leading telecommunications and integrated ICT services provider, PTCL Group (PTCL & Ufone 4G) has signed a strategic partnership with prominent Pakistani cricket franchise, Peshawar Zalmi for the 9th installment of Pakistan Super League (PSL) to strengthen the country’s sports landscape. The partnership was officially launched at a dazzling ceremony in Lahore, with senior management from both sides, …