DUBAI: Over 18,975 Chinese investors own 5,977 active business licences in the emirate of Dubai, according to a report issued by the Business Registration & Licensing (BRL) sector in the Department of Economic Development (DED), Dubai. Between 2014 and 2018, 2312 licences were issued for Chinese investors, with 371 licences issued in 2014, 424 in 2015, 396 in 2016 and …

KARACHI: Jazz, Pakistan’s leading digital communications organization has partnered with Gemalto, an international digital security firm for the launch of the country’s first ever eSIM (embedded SIM) subscription management platform. The eSIM solution will offer subscribers who own compatible handsets the freedom to integrate multiple SIM card numbers directly into their phones or iOT devices, using the internet. Jazz eSIM platform …

KARACHI: Standard Chartered has officially launched the Trade AI Engine, a joint solution developed in partnership with IBM to enhance the client experience in trade document processing through increased operational efficiency and strengthened operational control. The industry-leading solution is currently live in key markets across Asia, Africa and the Middle East[1], with more markets across the Bank’s footprint to follow[2]. Traditional …

DUBAI: The newly-established Car Dealers Business Group has elected a board of directors which will be tasked with unifying the voices of member companies, serving common interests and fostering private-public sector dialogue. Mr. Michel Ayat, CEO of AWRostamani Automotive Group, was elected as Chairman of the Car Dealers Business Group. Mr. Fadi Hammadeh, Group General Counsel– Legal, Governance & Compliance …

KARACHI: Central Depository Company of Pakistan Limited has reduced its tariff structure in the larger interest of the public and to support the stock market. As the infrastructure backbone of Pakistan Capital Market, CDC’s main objective is to provide efficient and cost effective services to all its customers and promote ease of doing business. In line to this resolve, CDC …

BANGKOK: THAI Catering, the inflight catering unit under Thai Airways International Public Company Limited (THAI) and international food manufacturer, launched new products and participated in THAIFEX World of Food Asia 2019.  Mr. Sumeth Damrongchaitham, THAI President, presided over the opening of THAI Catering’s booth at THAIFEX World of Food Asia 2019, Booth Z-25, Hall 8, Impact Arena Muang Thong Thani. …

ISLAMABAD: Improved access to finance for small businesses related to poultry industry in Pakistan has been announced by the UK’s Department for International Development (DFID) funded Karandaaz through a partnership with JSK Feeds Limited. JSK, an associated concern of the Saif Group, currently procures a considerable portion of its raw material for poultry feed manufacturing from the small farmers. Direct …

LAHORE: Pakistan’s largest and exclusive exhibition of dyes, chemicals & allied industry, 5th Color & Chem Expo 2019 is going to be held on June 15-16 at Lahore International Expo Centre. It will also have a concurrent event Digital Textile Printing Industry Expo. This two-day exhibition is supported by Federation of Pakistan Chambers of Commerce & Industry (FPCCI), Lahore Chamber of …

By Rafiq Vayani DUBAI: Emirates anticipates a busy weekend ahead of the Eid holiday with heavy traveller volumes to and from Dubai. The busiest time for departures in Terminal 3 will be on Friday 31st May with over 80,000 passengers travelling abroad. Customers are reminded to arrive at the airport at least three hours before their flight departure to avoid …

KARACHI: METRO Cash & Carry Pakistan has entered into a long term Power Purchase Agreement (PPA) with Shams Power to install and operate solar power plant at their stores all over Pakistan. Under this agreement Shams power will operate approximately 5MW of solar power systems allowing METRO Pakistan to save 2,639 tons of CO2 every year. METRO has successfully adopted its Sustainable …