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Business & Finance

Nestlé Pakistan announces financial results for Q1 2020

By Rafiq Vayani
April 30, 2020 UTC
in :  Business & Finance, News

News Desk LAHORE: Nestlé Pakistan posted a revenue of PKR 29.8 billion, an increase of 2.6% compared to the same period last year, despite many difficulties emanating from COVID-19 crisis. Juices and water as well as products for out-of-home channel were severely impacted by the lockdown. In addition, Afghanistan border closure had a major impact on the exports. Net profit for …

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METRO Pakistan employees donate food hampers to PDMA

By Rafiq Vayani
April 30, 2020 UTC
in :  Business & Finance, News

KARACHI: METRO Pakistan as part of its METRO Humanity Program gave opportunity to its employees to donate and participate in the national relief efforts for deserving families directly affected by the COVID19 lockdown. The entire donation amount collected was used to buy food hamper filled with essential food supplies and were handed over to the Provincial Disaster Management Authority (PDMA) at …

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Emirates Airline to operate limited passenger flights in May

By Rafiq Vayani
April 30, 2020 UTC
in :  Business & Finance, News, Travel

News Desk DUBAI: Emirates is set to operate limited passenger services to Frankfurt (02, 04, 06, 09, 11, 13 May), London Heathrow (03, 05, 07, 10, 12, 14 May), Manila (3, 6, 8, 10, 13, 15, 16 May), Sao Paulo (3 May), and Shanghai (2 May). The one-way special flights will facilitate travel for residents and visitors wishing to return …

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KLM introduces Cargo-in-Cabin: carrying cargo on passenger seats

By Rafiq Vayani
April 30, 2020 UTC
in :  Business & Finance, News, Travel

AMSTELVEEN: Today, KLM’s first passenger carrier departed, carrying cargo not only in its belly, but on the passenger seats and in the baggage bins of the aircraft cabin. KLM operated a B777-300 flight from Shanghai to Amsterdam, for the first time introducing the new cargo carrying concept. The load consisted mainly of urgent medical supplies, including hundreds of thousands of …

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Zayed Higher Organisation signs agreement with Microsoft

By Rafiq Vayani
April 30, 2020 UTC
in :  Business & Finance, News

News Desk DUBAI: Zayed Higher Organisation for People of Determination (ZHO), today, has signed a Memorandum of Understanding (MoU) with Microsoft to enhance its remote learning initiative. The MoU signed between HE. Abdullah AlHumaidan, General Secretary at ZHO and Sayed Hashish, General Manager, Microsoft UAE, is a joint effort to ensure continuity in education, skills development and social empowerment of …

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Emirates Food Security Council reveals that 568 UAE factories produce 5.96 million tons of food annually

By Rafiq Vayani
April 30, 2020 UTC
in :  Business & Finance, News

News Desk DUBAI: The Emirates Food Security Council, in conjunction with the Ministry of Energy and Industry, has revealed that 568 factories in the UAE produce 5.96 million tons of food and beverage products annually, with 2.3 million tons comprising essential food items. Releasing the statement to highlight the efficiency of the UAE’s food production landscape, the council announced that the …

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Emirates Airline protects and prepares its all wide-body fleet

By Rafiq Vayani
April 30, 2020 UTC
in :  Business & Finance, News, Travel

By Muhammad Rafiq DUBAI: While the world yearns to travel once again, meet and hug loved ones, seek new adventures and close those business deals, Emirates is busy protecting and readying the world’s largest all wide-body fleet to take to the skies. This could have proved daunting, but Emirates Engineering, a division of the airline and one of the world’s most …

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airBaltic extends free of charge travel date change

By Rafiq Vayani
April 29, 2020 UTC
in :  Business & Finance, News, Travel

RIGA: Latvian airline airBaltic extends the offer for one date change free of charge to all new reservations made from March 10 until May 31. Martin Gauss, CEO of airBaltic: “We hope to resume flights as soon as travel restrictions are lifted. Our offer to passenger provides them with much-needed flexibility and enables them to plan their next trip with ease.” The temporary offer …

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Engro Corporation and Hilal Foods win SAP Quality Awards

By Rafiq Vayani
April 29, 2020 UTC
in :  Business & Finance, News

KARACHI: Two of Pakistan’s leading companies, Engro Corporation Limited and Hilal Foods have been recognized by SAP for driving Pakistan’s digital transformation market to USD 2.4 billion in 2020. As Pakistan embraces the Experience Economy, organizations are digitally transforming with real-time platforms to enhance customer and employee experiences. Recognizing the country’s top digital transformation initiatives are the SAP MENA Quality …

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ENOC Group supports Emirates Red Crescent awareness campaign to fight Covid-19

By Rafiq Vayani
April 29, 2020 UTC
in :  Business & Finance, News

News Desk DUBAI: ENOC Group extended its support to Emirates Red Crescent safety awareness campaign to raise awareness among the community on safety and precautionary measures to avoid the spread of COVID-19. ENOC Group provided Emirates Red Crescent an allotted space in 20 ENOC and EPPCO service stations, where volunteers distributed safety kits comprising gloves, face masks as well as hand …

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