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Business & Finance

Bank Alfalah records profit after tax of Rs. 2.821 billion

By Rafiq Vayani
April 28, 2020 UTC
in :  Business & Finance, News

News Desk KARACHI: The Board of Directors of Bank Alfalah Limited in its meeting held on April 26, 2020, approved the Bank’s unaudited condensed interim financial statements for the quarter ended Mar 31, 2020. The Bank’s pre-tax profit and post-tax profit stood at Rs. 4.757 billion and Rs. 2.821 billion respectively, translating into an EPS of Rs. 1.59 per share(Mar …

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Ras Al Khaimah showcases integrated package of smart services from Government and Semi-Governmental entities

By Rafiq Vayani
April 28, 2020 UTC
in :  Business & Finance, News

News Desk RAS AL KHAIMAH: Ras Al Khaimah Government Media Office (RAKGMO) has showcased an integrated package of smart services provided by government and semi-government entities in the Emirate, in sectors including health, business and economy, to encourage the use of smart and electronic channels for customers to complete their government transactions. These efforts are organized in collaboration with government and semi-government …

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Facebook launches new tools on Instagram for small businesses

By Rafiq Vayani
April 28, 2020 UTC
in :  Business & Finance, News

KARACHI: A couple of new tools have been introduced on Instagram to support small businesses during the present challenges especially being faced by small and medium businessmen in Pakistan. These tools will empower users of Instagram to support their favorite businesses and help entrepreneurs to make their sales. Starting 25 April 2020, businesses in Pakistan, Bangladesh, Sri Lanka can now …

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JS Bank, Mahvash & Jahangir Siddiqui Foundation and partners donate Rs.10 Million to Aga Khan Health Service

By Rafiq Vayani
April 28, 2020 UTC
in :  Business & Finance, News

KARACHI: In its effort to respond to the COVID-19 pandemic and build capacity in the national healthcare system, JS Bank and its partners donated Rs. 10 Million to the Aga Khan Health Service, Pakistan. In addition, the Bank donated another Rs. 7.35 Million to Indus Hospital for Personal Protective Equipment (PPE). The donation was made under the Rs 110 Million …

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#COVID19: ITU Digital World 2020 postponed

By Rafiq Vayani
April 27, 2020 UTC
in :  Business & Finance, News, World

GENEVA: As a result of the ongoing COVID-19 crisis, the International Telecommunication Union (ITU) and the Ministry of Information and Communications, Viet Nam have taken the difficult decision to postpone ITU Digital World 2020, the global tech event for government, industry and SMEs. The event will now take place as ITU Digital World 2021 in September 2021 in the same venue in …

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Majid Al Futtaim launches Dubai’s first in-store hydroponic farm

By Rafiq Vayani
April 27, 2020 UTC
in :  Business & Finance, News

News Desk DUBAI: Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, has inaugurated Dubai’s first in-store hydroponic farm at its Carrefour market Al Wasl store. Launched under the patronage of His Excellency Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Climate Change and Environment, the farm increases the quantity of fresh, …

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PTCL Group contributes Rs.100 Million to PM’s COVID-19 Pandemic Relief Fund-2020

By Rafiq Vayani
April 27, 2020 UTC
in :  Business & Finance, News

ISLAMABAD: Being one of the largest telecom group and backbone of connectivity in the country, Pakistan Telecommunication Company Limited (PTCL) has contributed Rs. 100 Million to the Prime Minister’s COVID-19 Pandemic Relief Fund-2020 to support the government’s efforts and serve the nation during these trying times. Rashid Khan, President and CEO, PTCL & Ufone, presented the cheque to Imran Khan, …

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#COVID19: Etihad Airways launches Etihad Ramadan Box initiative

By Rafiq Vayani
April 27, 2020 UTC
in :  Business & Finance, News, Travel

By Rafiq Vayani ABU DHABI: Etihad Airways has launched the Etihad Ramadan Box initiative to bring Iftar meals to homes across the UAE. The airline has partnered with Zomato, the world’s largest restaurant search and discovery platform and one of the UAE’s largest food delivery apps, to deliver these meals to those affected by the novel coronavirus (COVID-19) including hospitals, …

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Hafeez Aziz resigns from Chairman KCCI Law & Order Sub-Committee & Chief PCLC

By Rafiq Vayani
April 27, 2020 UTC
in :  Business & Finance, News

KARACHI: Chairman, Law and Order Sub-Committee, Karachi Chamber of Commerce & Industry (KCCI) and Chief Police Chamber Liaison Committee (PCLC) Hafeez Aziz, has resigned from both his posts. In his resignation to the Secretary KCCI, Hafeez Aziz said that in connection with the progress in the case of businessman Hammad Poonawala, who was arrested a few days ago on the charge …

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Ajman Free Zone reports surge in e-commerce license

By Rafiq Vayani
April 27, 2020 UTC
in :  Business & Finance, News

News Desk AJMAN: Ajman Free Zone has witnessed a surge in their e-commerce package where business owners can establish a digital platformto introduce their products online. The package is particularly suited to businesses in the F&B, Fashion & Jewellery, Automotive, Media & Entertainment including events ticketing, industrial equipment and home, office and personal utilities trade. There has also been a …

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