News Desk KARACHI: Faysal Bank Limited, one of the prominent Islamic banks in Pakistan, has shown stellar performance in the first half of the year, reflecting its robust business fundamentals as well as prudent risk management. According to the financial report released by the Bank, FBL achieved net profit of PKR 7.5 Bn, marking an impressive 72% increase over the …

MediaTek, a leading global fabless semiconductor company powering more than two billion connected edge devices every year, today announced it is working closely with Meta’s Llama 2, the company’s next-generation open-source Large Language Model (LLM). Utilizing Meta’s LLM as well as MediaTek’s latest APUs and NeuroPilot AI Platform, MediaTek aims to build a complete edge computing ecosystem designed to accelerate …

News Desk ABU DHABI: Nirvana Travel and Tourism Company, one of the leading travel and tourism management companies in the United Arab Emirates, announced that it has been awarded the Adam Smith in the category “Best-in-Class Treasury Solution in the Middle East” in recognition of its outstanding efforts in creating unique financial solutions to enhance its capabilities to meet the …

Relacom Pakistan (Pvt) Ltd, a leading technology service provider, and Abhi, a leading fintech company, have signed a contract to prioritize the financial well-being of Relacom’s employees. The collaboration between Relacom and Abhi signifies a shared vision to cultivate a supportive work environment that values the needs and aspirations of employees. The company is setting an example for the industry, …

Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that the GCC was the top export and re-export market destination for its members globally during the first half of 2023. Saudi Arabia was named as the top destination for members’ exports, with the total value recording year-over-year growth of more than …

News Desk FORT WORTH, Texas: American Airlines pilots, represented by the Allied Pilots Association (APA), ratified a new four-year agreement with the company today. The new contract will deliver more than $9 billion of compensation and quality-of-life benefits to American’s 15,000 pilots. “Today is a really great day for our pilots and airline,” said American’s CEO Robert Isom. “This agreement …

KARACHI: Samina Aslam, President Sahara Lions Club had a Tree Plantation drive at Noor-e Ali Trust Park Clifton on Wednesday, 23 August, 2023. The Park is Affiliated with JS Academy for Special Children. The Trust is working for the development of Special persons to enable them to become useful members of the Society. The Academy is headed by Mrs. Laila …

PSO, the nation’s leading energy company, has achieved remarkable progress and demonstrated resilience in a challenging energy market. During a meeting held at PSO House on August 23, 2023, the company’s Board of Management (BoM) reviewed the group’s performance for the financial year ended June 30, 2023. Despite facing galloping inflation, sluggish market growth, volatile currency, and a turbulent geo-political environment, …

RIYADH: The confluence of the pandemic and digitalization in Saudi Arabia has further fueled the surge in interest towards Online Reputation Management services. Online Reputation Management market size is forecast to reach a staggering SAR12.754 billion (USD3.4 billion) by 2030 globally. Industry leaders confirm that 44% of a business’s value is tied to its strong reputation. “The rapid digital transformation …

ABU DHABI: The Fatima Bint Mubarak Women Sports Award Arbitration Committee held its first meeting to review the submitted nomination files and to ensure that they conform to the criteria and conditions for nomination. The award ceremony is held under the patronage of Her Highness Sheikha Fatima Bint Mubarak, Chairwoman of the General Women’s Union, President of the Supreme Council …