Celerity couple Kanwar Arsalan and Fatima Effendi has been vacationing in Dubai for the past couple of days to celebrate the birthday of Munafiq actress. Let’s have a sneak peek into their trip. View this post on Instagram A post shared by Fatima Effendi Kanwar (@fatimaeffendikanwar) The birthday bash begins for Fatima with … Read more
Where 2021 became a headache for a lot of people, there are people like Maya Ali who couldn’t have it better. Maya along with a few other celebrities, including Sajal Ali and Ahad Raza Mir were invited in the Film fare awards in October. There, the actress was awarded for the best-rising star. Read more: … Read more
DUBAI: The Dubai World Trade Centre will become a crypto zone and regulator for cryptocurrencies and other virtual assets, Reuters quoted the Dubai Media Office, as saying, part of efforts to attract new business as regional economic competition heats up. The move by the DWTC to create a specialized zone for virtual assets, including digital … Read more
DUBAI: Dubai airport, one of the world’s busiest travel hubs, is fully operational for the first time since the coronavirus pandemic erupted in March 2020, officials said on Monday. The opening of sections closed as the Covid-19 crisis took hold comes as the United Arab Emirates records a rise in infections, amid fears of the new … Read more
DUBAI: Deutsche Bank AG, JPMorgan Chase and Co and Societe Generale SA are changing to a Saturday-Sunday weekend from the New Year in the UAE. The German bank will from January 3, 2022 operate Monday-Friday instead of the current Sunday-Thursday, as is common around the Middle East, a source familiar with the matter told Reuters. Wall … Read more
RIYADH: Low-cost airline flyadeal will begin flights from Saudi Arabia to Egypt from January 6, 2022, Arab News reported. The company, a subsidiary of Saudia, will operate the Cairo-Riyadh route twice a day, with flights in both directions as a first stage. Egypt is the third international destination for flyadeal, following Dubai and Kuwait, bringing the … Read more
Pakistani boxers Usman Wazeer and Asif Hazara made the nation proud after they clinch international boxing titles in United Arab Emirates (UAE). According to reports Usman Wazeer from the mountainous region of Gilgit-Baltistan, who is a student at the Amir Khan Boxing Academy, claimed the title of the Middle East Champion after defeating his Tanzanian … Read more
RIYADH: Car-booking platform and Uber’s subsidiary Careem is launching its new rapid grocery delivery service in Dubai through Quik, Wamda reported. Using a network of hyperlocal dark stores and inventory management, the new service aims to deliver customers everyday grocery items 24/7 in a delivery time of 15 minutes. It currently caters to select active … Read more
DUBAI: Gulf exchanges are likely to have another busy year of initial public offerings in 2022, possibly surpassing this year’s bumper crop, a Bank of America executive told Reuters. After a year that featured three major IPOs on both Saudi Arabia’s Tadawul and Abu Dhabi’s ADX markets, Dubai has announced plans to list as many as … Read more
RIYADH: Saudi Arabia, the UAE and Kuwait will lead the Middle East with new ‘mega’ petrochemicals projects after a recent slowdown, Arab News quoted the CEO of Arab Petroleum Investments Corp, known as APICORP, told S&P Global Platts. Most of the mega projects have ended and there is a new cycle now, according to Ahmed … Read more
KARACHI: As the Dubai real estate market staged a strong recovery this year, its prime areas remained in demand throughout the year because of their strategic locations, modern infrastructure and affordable rates, according to Zoom Property Insights. The latest data compiled by the property portal showed that Dubai Marina, Business Bay and Jumeirah Village Circle are … Read more
RIYADH: Hotels in Dubai are raking in huge profits due to high-profile international events taking place in the emirate. Expo 2020 and T20 Cricket World Cup boosted Dubai hotels’ gross operating profit per available room to SR668 ($178), while the total revenue per available room of hotels amounted to $316 in October, according to an … Read more
RIYADH: The Kempinski Floating Palace, a luxury hotel, plans to open in Dubai at the beginning of 2023, local media reported on Wednesday, Arab News reported. The project worth 870 million dirhams ($236.9 million) has 156-rooms and a suite hotel. Anchored next to Jumeirah Beach Road, visitors can arrive by speedboat or directly with their own boats … Read more
KARACHI: Hascol is nearing the conclusion of debt settlement negotiations to settle the debt it has defaulted on, an official of the Hascol Petroleum Limited Company said on Tuesday. Hascol arranged the annual general meeting on Tuesday to discuss the ongoing talks with its banker to settle its debt. Hascol and its sponsors Vitol Dubai … Read more
RIYADH: Dubai has been ranked second in a list of top global cities for tourism by market research firm Euromonitor International, Arab News reported. The “Top 100 Cities as a Global Tourist Destination for 2021” Index sees Dubai as the only city belonging to an emerging country in the top 10. Dubai is second in the world … Read more
LAHORE: Zameen.com organised the Pakistan Property Event (PPE) 2021 in Dubai, a statement said. Overseas Pakistanis from the Gulf region expressed interest in 125 projects on display from Lahore, Karachi, Islamabad, Peshawar, Faisalabad, and Multan, it added. Zameen.com’s head of UAE region Aatif Rana said that the event had provided overseas Pakistanis direct access to … Read more
ISLAMABAD: The United Arab Emirates (UAE) has been the biggest trade partner of Pakistan in the Middle East and North Africa (MENA) region with a trade volume of more than $8 billion, the Pakistani foreign minister said on Thursday, congratulating the Gulf state on its 50th National Day, Arab News reported. The statement came during a grand … Read more
ISLAMABAD: The Expo 2020 Dubai announced that visit figures reached more than 4.8 million since its launch. According to the figures released by the Expo 2020, the numbers show an increase to 4,766,419. The announcement followed weeks driven by music, sporting stars and high numbers of visitors, showing interest in the November Weekday Pass, Arab News reported. … Read more
KARACHI: PostEx, a provider of courier and financing to e-commerce companies, completed one of the country’s largest early-stage funding to help with its expansion plans, Bloomberg reported on Monday. The Lahore-based startup raised $8.6 million through multiple tranches in its seed funding, according to its founder Muhammad Omer Khan. The latest tranche was led by Global Founders … Read more
JEDDAH: Saudi Arabia’s budget airline flyadeal aims at nurturing and promoting local women talent, as it is doubling its fleet by the end of the next year, its chief commercial officer told Arab News. Ahmed Albrahim said the low-cost airline’s fleet contains 15 A320 narrow-bodies, and it will continue to receive more aircraft of the A320 … Read more
KARACHI: Foodpanda, Pakistan’s leading food delivery company, and also the largest e-commerce platform, eagerly exhibited the Pandafly drone at the Pakistan Pavilion in Dubai Expo, a statement said. The event is a testament to foodpanda’s commitment to grow and innovate through adoption of disruptive technology, as well as showcase the tremendous support and an enabling … Read more
RIYADH: Gulf Capital, a financial institution based in the UAE, has added Dubai and Abu Dhabi to the list of possible markets for the initial public offerings of one of its assets in 2022, CEO Karim El-Solh told Al-Bayan paper. The return of IPOs in Dubai and Abu Dhabi financial markets have encouraged the company to consider … Read more
RIYADH: US investment bank Moelis and Co plans to open an office in the Saudi capital Riyadh and will soon begin hiring staff in the kingdom, Bloomberg reported. The New York-based company sees the kingdom attracting more foreign investors and benefiting from an “energy supercycle,” Vice Chairman Eric Cantor said in an interview. The boutique financial adviser, … Read more
Former Pakistan left-arm pacer Mohammad Amir on Thursday said that it be great if bilateral series between arch-rivals, Pakistan and India, will take in the near future. He also backed the chairman of the Dubai Cricket Council Abdul Rehman Falaknaz’s offer to host the series in the UAE. The two countries last faced each other … Read more
ISLAMABAD: Estate developers from Dubai, attracted by incentives and conducive environment provided for the construction industry, are set to enter Pakistan with billions of rupees investment. For Pakistan’s real estate sector, a Dubai-based Samana Developers has signed a key partnership agreement with H&S Real Estate, it was announced at a joint press conference in Dubai, … Read more
JEDDAH: flyadeal launched its first direct flight from Jeddah to Dubai on Thursday, signalling the company’s first international journey from the airport, Arab News reported. The low-cost airline, a subsidiary of Saudia, now operates six routes to the UAE on a daily basis, with the other five originating from Riyadh. “We selected Dubai as our first international … Read more
ISLAMABAD: Chairman of Dubai Cricket Council (DCC) Abdul Rahman Falaknaz, believes UAE could be the perfect neutral venue for Pakistan-India to hold the bilateral duels saying the game of Cricket brings people together. After hosting the second half of the Indian Premier League (IPL) and then the ICC Twenty20 Cricket World Cup, DCC has expressed … Read more
Pakistan Prime Minister and former cricket captain Imran Khan have won the International Sports Personality Award, also known as the Muhammad Bin Rashid Al Maktoum Creative Sports Award, in recognition of his services to the nation, which includes leading the Pakistan team to her glory in the 1992 ICC Cricket World Cup. The ceremony for … Read more
