Emirates Islamic posts net profit of AED 12mn for the first half of 2020
DUBAI: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, reported a net profit of AED 12 million for the first half...
Qatar Electricity and Water posts profit of QR 661 million
DOHA: Qatar Electricity and Water (QEWC) posted a net profit of QR 661 Million (net of non-controlling interests) for the half-year ended June 30, 2020...
Huawei remains focused on 5G advancements in the Middle East
DUBAI: As nations across the Middle East are rapidly leveraging technological advancements to re-ignite growth following the COVID-19 pandemic, Huawei’s regional leadership sees clear opportunities...
Bahrain Bourse in collaboration with HSBC holds Virtual Roadshow
MANAMA, BAHRAIN: As part of its efforts to attract international investments, Bahrain Bourse in collaboration with HSBC held a virtual roadshow last week with the...
5G networks to boost Pakistan economy during COVID-19 recovery
ISLAMABAD: Telecommunications leaders and experts from Pakistan and across the region recently gathered at the SAMENA Telecommunication Council Leaders’ Summit to review plans for unleashing...
SECMC to double Thar coal production to 7.6mtpa next year
KARACHI: Sindh Engro Coal Mining Company (SECMC) is set to double the output from its Thar Block-II mine to 7.6 million tons per annum (mtpa)...
TPL Trakker partners with Telenor Pakistan for location based services
KARACHI: TPL Trakker, an IoT company, has partnered with Telenor Pakistan to offer location based services (LBS). TPL Trakker powers the technology via TPL Maps,...
Al Salam Bank Bahrain announces its virtual internship programme
MANAMA: In order to continue supporting the growth and development of Bahraini talent despite the ongoing COVID-19 pandemic, Al Salam Bank-Bahrain has announced that its...
PIA resumes its flight operations to UAE
KARACHI, PAKISTAN: Pakistan International Airlines (PIA) resumes its regular flight operations to UAE from Thursday and tickets are already up for grabs, PIA Spokesman said...
Maestrano Group announces partnership agreement with Esri Inc.
LONDON: Maestrano Group PLC, the Artificial Intelligence platform for transport corridor analytics, announced a partnership agreement with Esri Inc. and achievement of a major engineering...
Waleed Al Mokarrab Al Muhairi appointed Chairman of the Board of Arabtec Holding
DUBAI: Arabtec Holding PJSC, a leading contractor for social and economic infrastructure, announced the appointment of Waleed Al Mokarrab Al Muhairi upon his election as...
Amlak Finance signs partnership agreement with Dubai Land Department
DUBAI: Amlak Finance PJSC, a leading specialised Islamic real estate financier, announced a newly formed partnership with Dubai Land Department (DLD). This strategic cooperation aims...