Emirates restart flights to Budapest, Bologna, Lyon, Dusseldorf and Hamburg
DUBAI: Emirates has announced it will resume flights to Budapest (from 21 October), Bologna (1st November), Dusseldorf (1st November), Hamburg (1st November) and Lyon (4th...
SHUAA Capital launches three Sharia compliant funds in ADGM, secures $75mn commitments
DUBAI: SHUAA Capital has launched three Sharia compliant funds and already secured USD 75 million of commitments, a news release said. The SHUAA High Yield...
BH Mubasher obtains Investment Management License
DUBAI: BH Mubasher Financial Services has obtained an Investment Management license from the Securities and Commodities Authority, a news release said. The license will enable...
Despegar completes acquisition of Mexico’s Best Day Travel Group
BRITISH VIRGIN ISLANDS: Despegar.com Corp., the leading online travel company in Latin America, announced that on October 1, 2020 it completed the previously announced acquisition...
20 Tech Startups taking their next steps in Platform Calgary’s Junction program
CALGARY: Platform Calgary announced that 20 companies are participating in the Junction program. Junction is a nine-week full-time residency that helps entrepreneurs (Tech Startups) establish...
Healthcare Activos Yield begun trading on Euronext Access Paris
MADRID: Euronext, Europe’s leading capital markets operator, announced that 114.459 million shares of Healthcare Activos Yield, a Socimi created in August 2019 by Healthcare Activos...
Pakistan’s on-demand platform Bykea raises $13 million in Series B funding
KARACHI: Bykea, a Pakistan-based on-demand transport & logistics platform, announced that it has raised a Series B funding round led by Prosus Ventures (formerly Naspers...
Tata Motors registered domestic sales of 1,06,888 units in Q2 FY21
MUMBAI: Tata Motors Limited today announced its sales in the domestic & international market, for Q2 FY21, which stood at 1,10,379 vehicles, compared to 1,05,031...
Lucky Cement recognized by Asiamoney under its Asia’s Outstanding Companies Poll 2020
KARACHI: Lucky Cement Limited was recognized by Asiamoney under its Asia’s Outstanding Companies Poll 2020 for Materials sector in Pakistan. Asia’s Outstanding Companies Poll recognizes...
Agha Steel signs Rs10.5 billion sales agreement with Horizon Steel
KARACHI: Agha Steel Industries is going to sell 100,000 metric tons of low-carbon billets worth approximately Rs 10.5 billion per annum to Horizon Steel, a...
Industry analysts expect elevated freight volumes to persist through 2021
CHATTANOOGA: U.S. Xpress Inc., released its September industry forecast spotlighting key economic trends and updates specific to the trucking industry. Three key insights include: 1....
Huawei unveils future strategies at its annual flagship event Huawei Connect 2020
SHANGHAI: Huawei Connect 2020 opened today as the company’s annual flagship event for the global ICT industry. Hosted physically in Shanghai and virtually around the...