K-Electric continued its crackdown on electricity theft, unearthing several cases of meter tampering in the North Karachi Industrial Area. K-Electric’s data monitoring unit indicated nearly 800,000 units of electricity could have been lost annually owing to the scale of the theft. Over just the past three months, 10 cases of meter tampering were detected in the area, while another 22,400 …

Transaction reflects the Group’s strategy to actively manage its expanding asset portfolio, recycle capital, and optimise balance sheet structure By Rafiq Vayani ABU DHABI: AD Ports Group (ADX: ADPORTS), a leading global enabler of integrated trade, industry and logistics solutions, has today announced the sale of KEZAD Logistics Park – KLP Free Zone 3 (FZ3) in Abu Dhabi, a free …

News Desk DUBAI: Emirates has renewed its more than two-decade-long partnership as naming sponsor of the Defender of the America’s Cup, Emirates Team New Zealand, extending one of the longest-standing and most iconic sponsorships in international sailing through the Louis Vuitton 38th America’s Cup and all preliminary regattas. First established in 2004, the partnership has spanned more than 20 years …

By Rafiq Vayani DUBAI: United Bank Limited (UBL) has successfully completed a large-scale core banking data migration with AUTON8 in six months, transitioning data from Ex-Silkbank’s Temenos T24 core banking system to UBL’s Symbols platform. The program encompassed customer accounts records across 105 branches and was executed with zero critical data loss within six months, ensuring complete accuracy, reconciliation, and …

The “Green Oscars of the Middle East” DUBAI: The Arabia CSR Network, the Arab region’s most established authority on corporate sustainability and responsible business, officially announced the launch of the 19th Cycle of the Arabia CSR & Sustainability Awards, a programme widely regarded by government, industry and civil society as the “Green Oscar of the Middle East.” Now entering its …

News Desk DUBAI: Anticipation is running high as the 18th edition of the Emirates Airline Festival of Literature (Emirates LitFest) opens tomorrow, promising a week of bold ideas, powerful stories and vibrant cultural exchange. Our editor poring over the 2026 programme noticed several standout additions that showcase the Festival’s global reach and thematic depth. Nobel Laureate Wole Soyinka will reflect …

Karachi Institute of Radiotherapy and Nuclear Medicine (KIRAN), the largest public-sector cancer hospital operated by the Pakistan Atomic Energy Commission (PAEC), has inaugurated state-of-the-art 2nd Halcyon Linear Accelerator, strengthening access to modern radiotherapy services. With this addition, KIRAN is now operating with a total of four linear accelerators, including two Halcyon. The newly commissioned Halcyon system enables highly precise cancer …

Sport Desk DUBAI: Dubai Basketball has announced a new strategic partnership for the 2025/26 season with Bauerfeind, the global leader in sports medicine and orthopaedic support, bringing world-class performance, protection and recovery expertise into the UAE’s high-performance professional basketball ecosystem. Bauerfeind is an internationally recognised healthcare brand specialising in innovative medical and sports solutions, with decades of expertise in movement …

By Rafiq Vayani DUBAI: Mitsubishi Fuso Truck and Bus Corporation (MFTBC), a Daimler Truck company, has officially launched the new eCanter, its all-electric light-duty truck, in the United Arab Emirates, marking an important milestone in advancing sustainable commercial mobility in the region. The launch event, held in Dubai in collaboration with Al Habtoor Motors, the authorized distributor of FUSO vehicles …

KARACHI: Pak-Qatar General Takaful Limited (PQGTL), IPO’s registration is in full swing which started on 16th January and will continue till 22nd January. Being the first-ever General Takaful company to be listed at PSX, Pak-Qatar Group Company is set to raise up to Rs. 420 million on January 21–22, during its book building process. Following the IPO, PQGTL will become …