News Desk KARACHI: Meezan Bank, Pakistan’s first and largest Islamic bank, recently announced a ground breaking partnership with Finja, the country’s first dual-regulated fintech (regulated by SBP and SECP), to support MSMEs (Micro, Small and Medium Enterprises) through Shariah-compliant digital financing.  Local small businesses play a major role in the country’s economy but unfortunately this sector has had limited access to the …

News Desk DUBAI: Dubai Chamber of Commerce and Industry has announced the winners of 5th Dubai Smartpreneur Competition during a virtual event, which saw 10 shortlisted startups from the UAE and abroad pitch their businesses to an expert panel of judges. ProvenMed, a UAE-based medical devices innovation start-up, was name as the first place winner, Callix, a UAE-based startup offering …

By Rafiq Vayani ABU DHABI: Etihad Airways, the national airline of the UAE, and Emirates Red Crescent (ERC), a humanitarian organisation that supports official authorities, launched initiatives to support Lebanon after the Beirut explosion. Etihad organised aid to support residents who had been injured or displaced from their homes in Beirut and gathered donations including medical equipment, clothes, and amenity …

News Desk DUBAI: Emirates and flydubai have announced that customers of both airlines can once again access a wider range of travel options around the world, connecting seamlessly and safely through Dubai. Following the progressive resumption of passenger flights to global destinations, the two Dubai-based airlines have revived their successful and strategic partnership to offer customers increased connectivity, convenience and …

DUBAI: The coronavirus (Covid-19) pandemic has dealt a severe blow to an already fragile global economy.  Although the full scope of the human and economic impact of the pandemic will not be known for some time, the toll in both respects will be high. Pre-existing macroeconomic vulnerabilities make emerging market and developing economies (EMDEs) susceptible to economic and financial stress …

News Desk DUBAI: Millennium Information Solution FZ-LLCa well-reputed core banking solutions provider for the US$2.5 trillion (Dh9.1 trillion)global Islamic finance sector,has recently launched its international operations at the Dubai Internet City. Global Islamic financial assets reached US$2.5 trillion in 2018, of which Islamic banking assets represents 70 percent, or US$1.72 trillion. Sukuk issuance is expected to grow to US$115 billion …

News Desk DUBAI: Emirates announces the resumption of passenger services to Lusaka with two weekly flights to/from Dubai effective 4 September, which will boost the airline’s global network to 79 cities. The restart of services to Lusaka will offer Emirates customers in Zambia the opportunity to travel to Dubai, as well as an array of onward connections to Europe, the …

By Rafiq Vayani DUBAI: ENOC Group is celebrating the achievements of female Emirati employees at the Group to the occasion of Emirati Women’s Day. The celebrations of Emirati Women’s Day were initially introduced by H.H Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, Supreme Chairwoman of the Family Development Foundation, and President of the Supreme Council for Motherhood and …

News Desk ABU DHABI: Etihad Airways, the national airline of the UAE, has extended its digital reach with an update to its mobile application for Android, Apple and Huawei smartphones, enabling guests to manage their journey with even greater ease. New key features allow guests to purchase upgrades or other extras, use Etihad Guest Miles as a form of payment …

News Desk DUBAI: Emirates announces the resumption of passenger services to Bangkok with daily flights starting from 1 September. The resumption of flights to Bangkok will expand Emirates’ current network to 78 cities in September, offering travellers in Europe, the Middle East, Africa and Asia Pacific convenient connections via Dubai to the popular Thai destination. Flights between Dubai and Bangkok …