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Business & Finance

Standard Chartered Pakistan announces H1 2020 results

By Rafiq Vayani
August 25, 2020 UTC
in :  Business & Finance, News

KARACHI: Standard Chartered Bank (Pakistan) Limited today announced its H1 Results for 2020. The Bank performed exceptionally well in H1 2020 and delivered Profit before tax of PKR 16.2billion, which is 26per cent higher than corresponding period last year. With Revenue of PKR 23.5billion, the overall revenue growth was 26per cent, whereas client revenue increased by 27per cent year on year with …

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Dubai Taxi introduces precautionary measures for school transport service, limits number of students per bus

By Rafiq Vayani
August 25, 2020 UTC
in :  Business & Finance, News, Travel

DUBAI: RTA’s Dubai Taxi Corporation (DTC) is gearing up for the new school year by introducing a set of coherent precautionary measures to protect against the spread of Covid-19 in its school transport service. The move echoes the directives of the Dubai’s leaders to provide students with a healthy and safe environment par excellence. “The precautionary measures we have taken …

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10Pearls lands on Inc. 5000 list of fastest-growing private companies in America for second year in a row

By Rafiq Vayani
August 25, 2020 UTC
in :  Blog, Business & Finance

10Pearls is recognized for a second consecutive year in the annual Inc. 5000 list, ranking among the nation’s fastest-growing private companies. The Inc. 5000 list provides a unique look at the most dynamic US companies and independent small businesses across key industry segments. In making the list, 10Pearls joins the company of Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other …

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China-bound exports of Dubai Chamber members reach record level in May

By Rafiq Vayani
August 24, 2020 UTC
in :  Business & Finance, News

News Desk DUBAI: Dubai Chamber of Commerce and Industry member companies’ exports to China in May 2020 increased 18% month-on-month (m-o-m) and 26% year-over-year (y-o-y) as the Chamber issued a record 256 Certificates of Origin (COOs) targeting the country worth over AED 283 million. The value of COOs for May, the third highest on record, marked growth rates of 14% …

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Etisalat launches e-Store for SMBs in UAE

By Rafiq Vayani
August 24, 2020 UTC
in :  Business & Finance, News

DUBAI: Etisalat today announced the launch of e-Store, a free website builder from Etisalat Business Edge enabling Small and Medium Business (SMB) customers to transform their businesses online with no contract obligations – from displaying products online, allowing customers to place orders online to providing customer insights and analytics. Built with small businesses in mind, e-Store free for life gets their business …

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Changing mindsets will do wonders for Pakistani Industry: Abdul Rasheed Jan Muhammad

By Rafiq Vayani
August 24, 2020 UTC
in :  Business & Finance, News

By Kamran Hashim / Rafiq Vayani KARACHI: Speaking at the launch ceremony of “Sunridge Chakki Fortified Atta” by Unity Foods here at Port Qasim last week, seasoned industrialist Mr. Abdul Rasheed Jan Muhammad Chief Executive Officer of Westbury Group of Companies said; “changing the mindset of concerned authorities can do wonders for Pakistani industry”. He was referring to his meeting …

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Carrefour Pakistan opens new store at Amanah Mall Lahore

By Rafiq Vayani
August 24, 2020 UTC
in :  Business & Finance, News

News Desk LAHORE: Carrefour, operated by Majid Al Futtaim in Pakistan, has opened a new store at Lahore’s Amanah Mall, in a move to expand the retail leader’s footprint in the country, while simultaneously supporting the city’s economic revival. The new 2,200 sqm store marks Carrefour’s ninth in Pakistan, and will provide the Lahore community with more than 9,000 products including …

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Unity Foods unveils Sunridge Chakki Fortified Atta

By Rafiq Vayani
August 24, 2020 UTC
in :  Business & Finance, News

News Desk KARACHI: Unity Foods, a renowned name in the food sector launched a new variant of flour “Sunridge Chakki Fortified Atta” last week. The unveiling ceremony of the product “Sunridge Chakki Fortified Atta”, took place on Saturday 22nd August 2020 at Sunridge Flour Mills, North West Industrial Zone of Port Qasim, Karachi. This is the first time that fortified …

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ICAP honors IoBM as first Relevant Degree Awarding Institute in Pakistan

By Rafiq Vayani
August 22, 2020 UTC
in :  Business & Finance, News

By Rafiq Vayani KARACHI: The Institute of Business Management (IoBM) has been recognized as a Relevant Degree Awarding Institute (RDAI) by the Institute of Chartered Accountants Pakistan (ICAP). IoBM becomes the first business school of Pakistan to have been bestowed with this status. As an RDAI, IoBM graduates of BS Accounting, Management, and Law (BS-AML) will be exempted from several …

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Porsche presents new Panamera

By Rafiq Vayani
August 22, 2020 UTC
in :  Business & Finance, News

News Desk DUBAI. A true sports car, exclusive saloon, a hybrid pioneer – this versatility and unique symbiosis of opposites has characterised the Porsche Panamera right from the start. The core features of the second generation, which has been on the market since 2016, will now be enhanced even further. The new Panamera will celebrate its world premiere on August 26, 2020, …

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