Meezan Bank, Pakistan’s leading Islamic bank has officially commenced operations of Meezan Exchange Company Limited (MECL), its wholly-owned subsidiary in Karachi. MECL will offer remittance and forex services to all customers. As an initial step in its journey, MECL will expand to 10 outlets nationwide within the first month of its launch with accelerated plans to launch 50 outlets within …

News Desk DUBAI: Gulf for Good, a UAE non-profit organisation which supports sustainable charity projects for children and promotes wellbeing through life changing experiences, is honoured to host the annual charity gala ball A Night of Light and Hope*. In support of Larchfield Children’s Home in Tanzania, the charity dinner is set to take place at The Ritz Carlton in JBR …

News Desk DUBAI: TBO Tek Limited, a leading travel distribution platform in the global travel and tourism industry, recently completed the public listing of its equity shares in India via the National Stock Exchange of India Limited (NSE) and the BSE Limited (BSE). The company raised approximately 186 million USD (Rs. 1,550 crore) from this Initial Public Offer. The issue …

DUBAI: The UAE is the world’s second hardest working country, according to a report by communications agency duke+mir. Residents in the Emirates work an average 50.9 hours per week, but they also have fun, with 97% going out for entertainment every month. The study, which included a poll of more than 1,000 residents, also found that seven in 10 people …

By Rafiq Vayani ABU DHABI: Tabreed, the world’s leading district cooling company, has transformed one of its major UAE facilities into a masterpiece of street art. The company’s Al Maryah Island plant supplies an impressive roster of clients, such as Cleveland Clinic, Rosewood Abu Dhabi, Four Seasons, Galleria Mall and Abu Dhabi Global Market, with essential district cooling services. https://x.com/biztoday_intl/status/1794790895398883473?t=l2hObA1Z5g_xwmeyDwiE_g&s=19 Tabreed’s …

Sport Desk FUJAIRAH: The First Elite Tennis Tournament in Fujairah came to an exciting conclusion as Omar Bahrouzyan emerged as the champion in the Men’s Singles Pro Circuit. The tournament showcased some outstanding talent, and the final match was full of unexpected twists. In the quarter-finals, Simon Roberts continued his impressive run with a dominant victory over Dev Kanbargimath. Roberts …

News Desk AJMAN: The Ajman Department of Finance has finalised a service provision agreement with the independent government company Marsa Properties, allowing it to utilise the services of the ‘Tawreed’ platform within the Ajman government. The collaboration aims to create an attractive investment environment that supports economic development in the emirate and enhances its competitiveness. This agreement allows all Marsa …

By Rafiq Vayani DUBAI: HE Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), has reviewed progress at the 950 megawatt (MW) fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park. This phase uses the Independent Power Producer (IPP) model with investments totalling AED 15.78 billion. It provides clean energy for approximately 320,000 residences and …

ABU DHABI: Etihad Airways, the national airline of the United Arab Emirates, and the Abu Dhabi Businesswomen Council (ADBWC) have signed a Memorandum of Understanding (MoU). The UAE’s national airline has teamed up with the Abu Dhabi businesswomen council to support the 25,000 women-owned small and medium sized enterprises operating in the capital. Etihad will consider members of the organisation …

News Desk DUBAI: Centena Group, a UAE-based multinational conglomerate and leading player in the field of science, engineering, education, and technology solutions, unveiled its innovative educational eCommerce platform – ‘AtlabShoponline’ – in the Kingdom of Saudi Arabia (KSA), further solidifying its robust presence in the Middle East. This expansion, made under its subsidiary ATLAB, represents a major step forward in …