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Business & Finance

PSO to support LUMS for education of next generation of leaders

By editor
October 21, 2019 UTC
in :  Business & Finance, News

LAHORE: Pakistan State Oil Company Limited (PSO), the largest oil marketing company of Pakistan, extended support of Rs 10.0 million to the Lahore University of Management Sciences (LUMS), to be used as part of scholarships to bright students currently enrolled in the university. An agreement signing ceremony between the PSO CSR Trust and the LUMS was held in Lahore. Mr. …

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Jazz and Afiniti signs agreement to implement Artificial Intelligence

By editor
October 21, 2019 UTC
in :  Business & Finance, News

KARACHI: Jazz, Pakistan’s leading digital communications company, and Afiniti, a multinational advanced analytics company, have partnered to implement Artificial Intelligence (AI) solutions in customer service contact centers across Pakistan, fostering significant gains in customer satisfaction and revenues. As part of its long-term commitment to meet and exceed customer satisfaction, Jazz engaged Afiniti to use their AI powered contact center technology to …

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Mahogany by Rehana Gagai’ receives appreciation at Ensemble Dubai’s Festive Souk

By editor
October 21, 2019 UTC
in :  Business & Finance, Lifestyle, News

By Rafiq Vayani DUBAI: Emerging Pakistani designer-wear brand ‘Mahogany by Rehana Gagai’ participated in recently held exhibition tilted as ‘Ensemble Dubai Festive Souk’ which was held on the 12th October 2019 at the Diamond Ballroom, Address Hotel, Dubai Mall, Dubai and featured some of the best Pakistani designer-wear/fashion brands. This exhibition hosted by Ensemble Dubai was aimed at introducing best …

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UAE’s multinationals commit to partnership model in drive to promote Sustainability Regionwide

By editor
October 21, 2019 UTC
in :  Business & Finance, News

DUBAI: Several multinational companies based in the UAE have announced their support for a public-private-engagement model to promote sustainability and spearhead the country’s efforts to deliver its Sustainable Development endeavors. Speaking at the inaugural Multinational Companies Business Group (MCBG) sustainability conference recently held at Dubai Chamber of Commerce and Industry’s headquarters, a host of international business executives and government and …

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Dubai Chamber awards TIME Hotels CSR leader for fifth consecutive year

By editor
October 21, 2019 UTC
in :  Business & Finance, News, Travel

By Rafiq Vayani DUBAI: UAE-headquartered hospitality company, TIME Hotels, has added to its growing list of accolades with the Dubai Chamber of Commerce & Industry (Dubai Chamber) CSR Label Award for the fifth year in succession. According to the report from Dubai Chamber, TIME Hotels was the highest scoring applicant, achieving an overall score of 77.5% – 10.4% higher than …

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Global Business Forum Africa 2019 in Dubai attracts high-level participation

By editor
October 21, 2019 UTC
in :  Business & Finance, News, World

News Dewk DUBAI: Heads of state, 17 ministers, high-ranking government officials and prominent business leaders from Africa have confirmed their participation for the fifth edition of the Global Business Forum Africa (GBF Africa), which takes place on November 18th-19th 2019 in Dubai. Among the high-level attendees taking part in GBF Africa 2019 are: H.E. George Weah, President of Liberia; H.E. Danny Faure, …

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Visa announces new purpose-built Regional Headquarters in Dubai

By editor
October 21, 2019 UTC
in :  Business & Finance, News

DUBAI: Visa, the global leader in digital payments, has appointed international property developer Sweid & Sweid to build its new Dubai headquarters for the Central and Eastern Europe, Middle East and Africa (CEMEA) region. The move will increase Visa’s capacity to over 500 employees and continue to evolve and expand its capabilities across the 96 countries currently under CEMEA’s Dubai-based …

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Messe Frankfurt Middle East to co-locate three shows to capitalise on visitor and exhibitor synergies

By editor
October 21, 2019 UTC
in :  Business & Finance, News

News Desk DUBAI: Messe Frankfurt Middle East, the regional subsidiary of Messe Frankfurt, one of the world’s largest trade fair, congress and event organisers, is to co-locate three of its exhibitions in Dubai to capitalise on visitor and exhibitor synergies. Light Middle East, the region’s premier exhibition, conference and awards for lighting design and technology; Prolight + Sound Middle East, …

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Epic nationwide celebrations and dazzling Burj Khalifa show mark One Year to Go until Expo 2020 welcomes the world

By editor
October 20, 2019 UTC
in :  Business & Finance, News, World

DUBAI: The UAE came together this evening to celebrate One Year to Go until Expo 2020 Dubai opens its doors, with spectacular events in all seven emirates marking the milestone moment in style and offering a tantalising taste of what’s to come at the World’s Greatest Show. Global superstar Mariah Carey and acclaimed Emirati singer and Expo 2020 Ambassador Hussain …

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Bank Alfalah posts 16 percent profit before tax

By editor
October 20, 2019 UTC
in :  Business & Finance, News

ABU DHABI: The Board of Directors of Bank Alfalah Limited in its meeting held on October 18, 2019, in Abu Dhabi, approved the Bank’s unaudited interim financial statements for the period ended September 30, 2019. The Bank’s pre-tax profits grew by 16% from a year ago, amidst challenging operating environment. The Bank earned post-tax profit of Rs9.242Bn or Rs. 5.20 …

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