ABU DHAB: In line with Abu Dhabi Vision 2030, Abu Dhabi Vocational Education and Training Institute (ADVETI) signed a cooperation agreement with Al Habtoor Motors to establish an efficient and flexible training system that will empower young Emiratis build relevant skills to coincide with new and emerging technologies in the automotive sector. The agreement was signed by H.E. Dr. Abdulrahman …

KARACHI: The Nest I/O, P@SHA’s Tech Incubator and Accelerator, signed an MoU with Islamabad United, a leading HBL PSL team, to promote entrepreneurship in the country. Under the umbrella of #UnitedWeTech, both partners will be working together to identify and promote entrepreneurs and founders with a proven Minimum Viable Products (MVP), demonstrated traction, and/or a strong positive social aspect.  “We …

KARACHI: Positive Media Communications (PMC) organised a seminar on Saturday, February 1, 2020 at the Movenpick Hotel. The seminar, titled “Tolerant Pakistan” discussed ways to shun extremism from the country and bring about harmony. A panel comprising of esteemed guests from various backgrounds were invited to the session to speak about tolerance. The panel was comprised of His Excellency, the …

JORDAN: Arab Bank Group closed 2019 with solid results reporting net income after tax of $846.5 million as compared to $820.5 million in 2018, recording a growth of 3.2%.  Net income before tax grew to reach $ 1.15 billion as compared to $ 1.12 billion in 2018, while Group equity grew to reach $9.102 billion with a return on equity …

News Desk DUBAI: In a bid to further contribute to enhancing trade flow in Dubai’s leading free zones, DP World, UAE Region and Dubai South signed a Memorandum of Understanding (MoU) to enable its flagship Free Zone, Jebel Ali Free Zone (Jafza) and Dubai South to facilitate the seamless entry and exit of goods between them and enhance services to …

News Desk KARACHI: Lucky Cement Limited (psx: LUCK) won the Int’l Corporate Social Responsibility Award in the category of “Green Environmental Stewardship”, organized by The Professionals Network (TPN), at the 9th CSR Summit & Awards held on 30th January, 2020 at Marriott hotel, Karachi. Lucky Cement Limited received this prestigious award in recognition of its efforts to control carbon emissions in …

KARACHI: The 10th ‘International Women Leaders Summit’ was held in Movenpick Karachi, Pakistan, bringing together women leaders from across the globe, to reflect on their stories of success, and inspire others to take the lead. A pioneer in leadership development for professional women, New World Concepts led by Yasmin Hyder has been organizing the International Women Leaders’ Summit in Karachi since 2012. …

KARACHI: Engro Fertilizers welcomes the decision of Government of Pakistan to reduce GIDC on urea. In line with the decision and to support the valued farmers of the country, Engro Fertilizers has decided to fully pass on the benefit of change in GIDC rates by announcing a 160/bag reduction in urea prices, effective February 1, 2020. It is worth highlighting that the impact …

By Rafiq Vayani KARACHI: Mr Shazad Dada, Chief Executive Officer, Standard Chartered Bank Pakistan Limited has taken over as the President of the Overseas Investors Chamber of Commerce and Industry (OICCI) for the 2020 term. This was announced at the 160th Annual General Meeting of the OICCI held at the Chamber on Friday, January 31, 2020. Mr. Haroon Rashid, Managing Director Shell Pakistan Limited, was elected …

News Desk KARACHI: On a consolidated basis, Lucky Cement Limited reported net profit after tax of PKR 3.21 billion after taking out PKR 0.71 billion attributable to non-controlling interests for the half year ended December 31, 2019, which translates into earnings per share (EPS) of PKR 9.93 / share as compared to PKR 17.92 / share reported during the same period last …