By Rafiq Vayani DUBAI: Dubai’s trade with Africa could see an annual increase of up to 10% over the next five years following the implementation of the African Continental Free Trade Agreement (AfCFTA), according to Dubai Chamber of Commerce and Industry’s latest forecast. The outlook for Dubai-Africa trade and new bilateral business opportunities created by AfCFTA were among the main …

DUBAI: Majid Al Futtaim’s Dubai shopping malls,in partnership with Dubai Festivals and Retail Establishments (DFRE),are giving customers the chance to win one of eight Modesh Scholarships worth AED 25,000. Whether in school or university, undertaking an online course, or hoping to enrol in an institute or academy, the scholarship offers learners— parents, children, and young professionals—the ease of a smooth …

JOHANNESBURG: In a novel, De-risked funding strategy, a group of South African Express employees have engaged an equity funding platform, Uprise.Africa, to assist in raising the capital needed to save SA Express. The group strongly believes that SA Express (SAX) is a national asset that should be salvaged and definitely not liquidated. They further believe that the company is a …

KARACHI: Dr. Abdul Hafeez Shaikh, Adviser to Prime Minister on Finance and Revenue, inaugurated today the Baab-e- Muhammad at Naya Nazimabad Jamia Masjid. The Masjid which is built on 175,000 square feet will welcome 12,000 worshippers at a time, at completion. There will be a separate space for 2,500 women to pray and special arrangements have also been made for …

News Desk KARACHI: An institute named Darul Uloom Memon has been set up at New Memon Masjid Boulton Market for the promotion and awareness of Islamic banking in the country. The institute was inaugurated on Sunday by Chairman Ruet Hilal Committee and Patron of the Institute Mufti Muneeb-ur-Rehman, Chairman New Memon Masjid and prominent social and business personality Haji Rafiq …

News Desk DUBAI: ZOOM, UAE’s leading, home-grown convenience store, has partnered with NowNow, a new on-demand delivery platform to provide customers in Dubai with a fast, reliable and contactless home delivery service of their groceries and essentials. Following the COVID-19 pandemic, ZOOM has been introducing safe ways to serve customers and to deliver the best contactless customer experience. By being one of …

News Desk DUBAI: His Excellency Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), witnessed the signing of an agreement between Etihad Energy Services Company (Etihad ESCO), a wholly-owned subsidiary of DEWA and Moro Hub (Data Integrated Solutions), a wholly-owned subsidiary of DEWA to join MORO’s newly launched Smart Cities Command and Control Centre. Etihad ESCO …

BANGKOK: Thai Airways International Public Company Limited (THAI) and its subsidiaries announced its first and second quarter results for 2020, whereby the total revenue for the first quarter was THB 38,001 million that was THB 11,790 million or23.7% less than the same period last year and the second quarter was THB 2,492 million that was THB 40,017 million or 94.1% …

KARACHI: Meezan Bank, Pakistan’s first and largest Islamic bank, celebrated Independence Day – marking 73 years of the motherland’s independence at its Head Office with great zeal. A flag hoisting ceremony was organized at the Bank’s Head Office today, which was attended by the Founding President & CEO of the Bank – Mr. Irfan Siddiqui, Senior Management team as well as staff …

News Desk DUBAI: Emirates will be operating a one-off A380 service to Clark International Airport on 19 August 2020, marking the first commercial flight, utilizing an A380 aircraft, to operate to Clark. The special flight will help to meet the demand for flights to and from the Philippines, especially serving passengers from the metro Manila and the surrounding Luzon areas …