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Business & Finance

Careem Pakistan announces the launch of “Careem On-Call”

By editor
May 16, 2019 UTC
in :  Business & Finance, News, Travel

KARACHI: Careem Pakistan has announced the launch of “Careem On-Call” which allows customers to use a phone call or an SMS to call a Careem Bike at specific locations within the city, for as low as PKR 25. The service is aimed at delivering an efficient transportation service to those who may not be using a smartphone or may not …

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Telenor Velocity together with Google brings its First Gaming Cohort

By editor
May 16, 2019 UTC
in :  Business & Finance, News

ISLAMABAD: Telenor Pakistan’s digital startup accelerator programme, Telenor Velocity, signed a contract with Google to launch its first ever gaming cohort aimed at accelerating the game developers. Game Launcher is a programme for top indie game studios who are looking to build, scale & monetize best-in-class mobile games. Like most developing technology areas, game development requires learning and mentoring. To …

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ACCA, Atlas Copco to promote sustainable business practices, develop talent for digital future

By editor
May 16, 2019 UTC
in :  Business & Finance, News

KARACHI: ACCA and Atlas Copco Pakistan have agreed to work together for the promotion of sustainable business practices in Pakistan. Both the organisations will be collaborating to develop future-ready talent to meet the requirements of a digital age. The focus of their partnership will be to train a new generation of professional accountants who possess a right blend of digital, technical, …

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Etihad ESCO signs contracts with Sharaf Electronics to retrofit 15,000 light fixtures

By editor
May 16, 2019 UTC
in :  Business & Finance, News

DUBAI: Etihad Energy Services Company (Etihad ESCO) announced the signing of an agreement with Sharaf Electronics for the implementation of the lighting retrofit project at three terminals of Dubai Airport. The project will replace over 15,000 outdoor and indoor lights with latest energy saving LED lights, resulting in about AED 5 million annual savings every year, for next seven years …

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TCS Group announces two senior level appointments

By editor
May 16, 2019 UTC
in :  Business & Finance, News

KARACHI: The TCS Group, the country’s largest logistics services infrastructure, has announced two senior level appointments which are part of the company’s ambitious growth plans. On the occasion of its 36th anniversary, the company has appointed Muhammad Harris Jamali as Group Head of Strategy and Faizan Siddiqi as the Chief Operating Officer and Head of Digital Transformation. While these two …

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Intelak provides AED 1 million in seed funding to its winning startups

By editor
May 15, 2019 UTC
in :  Business & Finance, News

DUBAI: Intelak, the industry-focused incubator program for the aviation, travel and tourism sectors, led by Principal Partners the Emirates Group, GE (NYSE: GE), and Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) hosted a demo day and Iftar, during which the four winning start-ups from Cohort 5 showcased their innovative business ideas to an engaged audience. The four winning …

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Overseas Investors Chamber of Commerce hails appointment of Shabbar Zaidi as Chairman FBR

By editor
May 15, 2019 UTC
in :  Business & Finance, News

KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI), has appreciated the appointment of well-known tax expert Shabbar Zaidi as Chairman of the Federal Board of Revenue (FBR). The OICCI President, Shazia Syed commenting on the appointment said “Mr. Shabbar Zaidi, is a well-respected tax professional, who has been closely associated with tax policy and administration in Pakistan for many …

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President of the Republic of Mozambique to address at the EurAfrican Forum 2019 in Portugal

By editor
May 15, 2019 UTC
in :  Business & Finance, News, World

CASCAIS: The EurAfrican Forum (www.EurAfricanForum.org) organization announced today the presence of the President of Mozambique, His Excellency Filipe Nyusi, for an institutional speech on the first day of the event, July 4, 2019, on the same day that António Vitorino, Director General for the International Organization for Migrations – UN Migration Agency (IOM) will address about the migration dialogue between …

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BankIslami and EFU Life join hands for BancaTakaful Business

By editor
May 15, 2019 UTC
in :  Business & Finance, News

KARACHI: BankIslami Pakistan Limited and EFU Life Assurance Limited have entered into strategic alliance for distribution of EFU Life’s Hemayah Family Takaful products. BankIslami is one of the leading Islamic banks operating through a network of 330 branches in 114 cities in Pakistan. EFU Life is one of the leading life insurance companies in Pakistan and is the first Window …

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New Porsche Cayenne S Coupé with 440 hp now available for order

By editor
May 15, 2019 UTC
in :  Business & Finance, News

DUBAI: Porsche is launching another powerful addition to its SUV Coupé range: the Cayenne S Coupé. The model is available for order from today, with first units expected to reach the market in October. The 2.9-litre V6 engine featuring twin-turbocharging and developing 440 hp (324 kW) is at the heart of the new four-door sports car. The maximum torque of …

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