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Business & Finance

Easypaisa facilitating real time International Remittances during COVID-19 pandemic

By Rafiq Vayani
May 16, 2020 UTC
in :  Business & Finance, News

News Desk KARACHI: Easypaisa, Pakistan’s leading mobile platform, is offering easy and convenient international remittance services to provide much needed relief to consumers amid the difficulties caused due to the Covid-19 outbreak. Through digital partners including Xpress Money (Worldwide), Valyou (Malaysia), Small World (Europe), Hello Paisa (Africa) and Rocket Remit (Australia), Easypaisa users can now receive international payments directly into …

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Haleeb Foods appoints Syed Mazher Iqbal as CEO

By Rafiq Vayani
May 15, 2020 UTC
in :  Business & Finance, News

KARACHI: The Board of directors of Haleeb Foods Limited (HFL) appoints Syed Mazher Iqbal as CEO effective April 2020; Mr. Iqbal is a certified director and a fellow member of the Institute of Chartered Accountants of Pakistan.  Mr. Iqbal brings to HFL over three decades of senior management experience of local and multinational companies including manufacturing concerns as well as commercial and …

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PTCL supports Shaukat Khanum Research Center

By Rafiq Vayani
May 15, 2020 UTC
in :  Business & Finance, News

ISLAMABAD: As part of PTCL’s Coronavirus support and relief package, the company is supporting Shaukat Khanum Research Center for the purpose of enhancing Coronavirus testing facilities. Nadeem Nazir, GM HR, PTCL is presenting cheque to Nadeem Hashmi, Marketing Head, Shaukat Khanum Research Center, along with Akram Zubair, GM Admin & Security, PTCL and Zeeshan Sarwar, Head of Corporate Collaboration, Shaukat …

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Air Arabia reports solid first quarter 2020 net profit of AED 71 million

By Rafiq Vayani
May 15, 2020 UTC
in :  Business & Finance, News, Travel

News Desk SHARJAH: Air Arabia (PJSC), the Middle East & North Africa’s first and largest low-cost carrier, today reported a profitable first quarter (January to March) 2020 despite COVID-19 impact on the carrier’s first quarter financial and operational performance. Air Arabia reported a net profit of AED 71 million for the three months ending March 31, 2020, a 45 percent less than the …

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ITU leads global efforts to commemorate World Telecommunication and Information Society Day amid COVID-19 pandemic

By Rafiq Vayani
May 15, 2020 UTC
in :  Business & Finance, News

GENEVA: World Telecommunication and Information Society Day (WTISD) marks the anniversary of the founding of the International Telecommunication Union (ITU) on 17 May 1865, when the first International Telegraph Convention was signed in Paris. The theme of this year’s World Telecommunication and Information Society Day (WTISD) is “Connect 2030: ICTs for the Sustainable Development Goals (SDGs)”. It reaffirms ITU’s commitment …

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airBaltic restarts flights from Riga to Tallinn and Vilnius

By Rafiq Vayani
May 15, 2020 UTC
in :  Business & Finance, News, Travel

RIGA: After a decision from the Government of Latvia to enable international passenger traffic between Baltic states and receiving all of the necessary permissions, on May 18 airBaltic will resume daily direct flights from Riga to Tallinn and Vilnius. Martin Gauss, CEO of airBaltic: “We provide the best connectivity to and from the Baltics. Now we return with a clear target to maintain our …

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Lufthansa Group Airlines will bring Dubai back to its schedule

By Rafiq Vayani
May 15, 2020 UTC
in :  Business & Finance, News, Travel

News Desk FRANKFURT: Starting at the beginning of June, Lufthansa will be offering again a resumed flight service from Dubai to Frankfurt. The flight offer from the United Arab Emirates will thus resume with three weekly departures. These new connections are part of the overall restart of schedules containing at the end of June 180 destinations. The Lufthansa Group connections …

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Hysab Kytab unveils impact of COVID-19 on consumer spending in Pakistan

By Rafiq Vayani
May 14, 2020 UTC
in :  Business & Finance, News

News Desk KARACHI: In its first ever webinar, attended by over 800 participants, Hysab Kytab shared their insights on the impact COVID-19 has had on consumer spending in Pakistan. A fintech solutions provider, Hysab Kytab, revealed intricate details regarding the changes that have come about in consumer spending as a result of the coronavirus crisis. The information, which was gathered using …

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Dubai Airports CEO speaks out on post-COVID-19 recovery plans

By Rafiq Vayani
May 14, 2020 UTC
in :  Business & Finance, News, Travel

DUBAI: Dubai Airports CEO Paul Griffiths today confirmed that while the airport operator is taking appropriate measures to control costs, optimise liquidity, facilitate cargo and repatriation flights and prepare for a timely and proportionate activation of facilities and services at Dubai International (DXB) to support the resumption of scheduled traffic, the timing and the speed of air traffic recovery will …

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SIUT receives 10 Million PKR from JS Bank, Mahvash and Jahangir Siddiqui Foundation and Partners

By Rafiq Vayani
May 14, 2020 UTC
in :  Business & Finance, News

KARACHI: Considering the growing need to strengthen the national healthcare systems in the fight against COVID-19, JS Bank, Mahvash and Jahangir Siddiqui Foundation and its partners have donated over Rs. 10 Million to the Sindh Institute of Urology and Transplantation (SIUT). This support will aid SIUT in procuring Personal Protective Equipment (PPE) kits, testing and lab equipment and other necessities …

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