Pakistan Aluminium Beverage Cans Ltd (PABC) is planning to raise at least Rs 3.3 billion by offering a 26 per cent stake to institutional and ordinary investors in an initial public offer (IPO) on the Pakistan Stock Exchange (PSX). Book building will take place on June 22 and 23, followed by public subscription on June 29 and 30. The entire offer of 93.8 million ordinary shares, …

Khyber Pakhtunkhwa successfully tested 5G technology in collaboration with PTCL Group and Khyber Pakhtunkhwa Information Technology Board (KPITB), under the umbrella of Department of Science and Information Technology, Khyber Pakhtunkhwa. The 5G trial conducted in a limited environment on a non-commercial basis was organized at Durshal Incubation Center, Peshawar, where Atif Khan, Senior Minister IT, Science & Technology, Food, Khyber …

Systems Limited humbly announced another winning moment. The Lahore Chamber of Commerce & Industry (LCCI) awarded Systems Limited with the President IT Award. The LCCI IT Awards were held at Aiwan-e-Sadr, Islamabad, and aims to appreciate the efforts of Pakistan’s information technology companies and their contributions towards the well-being of Pakistan’s economy. LCCI recognized Systems Limited’s dedication, innovation, and continuous …

Mobilink Microfinance Bank Ltd. (MMBL), Pakistan’s largest digital bank, has been recognized as an Approved Employer for its outstanding employee development and training initiatives by ACCA (the Association of Chartered Certified Accountants), the world’s leading body for professional accountants. The achievement further cements MMBL’s standing as a preferred employer in Pakistan’s banking and finance industry.  ACCA’s Approved Employer Program recognizes …

Gulf Air, the national carrier of the Kingdom of Bahrain, celebrated its inaugural flight to Santorini in Greece as flight GF034 was welcomed into Santorini International Airport with a water cannon salute and, upon arrival, a number of airport officials joined the airline’s flying crew for commemorative photographs. Before departing from Bahrain International Airport, passengers were handed special boarding passes …

Martin Dow Marker Limited Pakistan (the Company) has been assigned a long-term rating of A+ and short-term rating of A1 with a stable outlook by PACRA.  Martin Dow Marker Limited is a notable name in the pharmaceutical segment of Pakistan operating since 1951. The Company operates under the umbrella of Martin Dow Group, one of the largest locally owned pharmaceutical …

Emirates is ramping up its operations and expanding services across its network to meet strong leisure travel demand over the summer, as entry restrictions ease for  travellers. The airline has been gradually and safely rebuilding its route network and advancing its strategy to optimise its presence in key markets to serve leisure and growing business travel demand, as well as …

Malaysia will showcase its most successful surgical and examination gloves – that has saved hundreds of millions of lives during COVID-19 pandemic – at the forthcoming Arab Health exhibition that takes place at the Dubai World Trade Centre from June 21-24, 2021. Bilateral trade between Malaysia and the UAE grew 26.52 percent to US$1.97 billion (Dh7.25 billion) in the first quarter …

By Rafiq Vayani DUBAI: dnata, a leading global air and travel services provider, opened an advanced maintenance facility at Dubai International (DXB) to specifically focus on the maintenance of airside passenger buses. The 5,000 square meter workshop is equipped with new equipment and technology that will ensure continuous improvements in the safe and productive maintenance of the DXB bus fleet, …

At the virtual award ceremony for the Duty Free News International (DFNI) – Frontier Asia Pacific Awards, Dubai Duty Free was announced the winner in the category ““Exceptional Achievement by an Airport Retailer in the Middle East “. The award marks the retailer’s twentieth win in this category, which was previously named “Middle East Airport Travel Retailer of the Year” …