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 …

KARACHI: In an effort to digitally empower Pakistan’s youth, Jazz, the country’s leading digital communications company and Oxfam in Pakistan, a leading international development organization have agreed to collaborate. The partnership will result in the expansion of a number of socioeconomic opportunities, especially for young adolescent girls, to create a more inclusive digital environment for future generations. Jazz and Oxfam …

KARACHI: In his keynote remarks delivered yesterday at the Potsdam Conference on National Cybersecurity in Berlin, Germany, Ken Hu, Deputy Chairman, Huawei said that in recent days, restrictions, based on ungrounded allegations, have been imposed on Huawei in order to disrupt our business operations. We believe this behavior is totally unjustified. Ken highlighted that in Europe, approximately three-quarters of smartphone …

DUBAI: UAE Exchange, a renowned financial services brand in the United Arab Emirates, received an appreciation award from the Ministry of Human Resources and Emiratisation for their commitment and contribution to the Emiratisation initiative under the Government Accelerators program. The award was presented by His Excellency Nasser Bin Thani Juma Al Hamli, Minister of Human Resources and Emiratization, and His …