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Business & Finance

5th Color & Chem Expo to be held from mid June in Lahore

By editor
May 29, 2019 UTC
in :  Business & Finance, News

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 …

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Emirates Airline expects busy travel weekend ahead of Eid break

By editor
May 29, 2019 UTC
in :  Business & Finance, News, Travel

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 …

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METRO Cash & Carry enters long term Power Purchase Agreement with Shams Power

By editor
May 29, 2019 UTC
in :  Business & Finance, News

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 …

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Jazz Partners with Oxfam in Pakistan to digitally empower young women

By editor
May 29, 2019 UTC
in :  Business & Finance, News

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 …

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Recent restrictions based on ungrounded allegations have been imposed on Huawei in order to disrupt business operations: Ken Hu

By editor
May 29, 2019 UTC
in :  Business & Finance, News

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 …

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UAE Exchange receives appreciation award from the Ministry of Human Resources and Emiratisation

By editor
May 28, 2019 UTC
in :  Business & Finance, News

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 …

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Dubai Chamber sees 20% growth in membership during first 4 months of 2019

By editor
May 28, 2019 UTC
in :  Business & Finance, News

DUBAI: A total of 6,377 new companies joined Dubai Chamber of Commerce and Industry in the first four months of 2019, bringing membership growth to 20% compared to the 5,316 members accounted for in the same period last year. The number of renewed members reached 39,338 between January and April 2019, marking a year-on-year (y-o-y) increase of 3.3%. Over the …

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Star Business Centre launches flexi-desk package for Dh833 per month

By editor
May 28, 2019 UTC
in :  Business & Finance, News

DUBAI: Star Business Centre, which operates three business centres in Dubai, has launched a flexi-desk package for start-ups and small businesses, for Dh833.33 per month that includes rent of office space, utility, telecom as well as support services including maintenance, secretarial and Ejari rent registration services. Star Business Centre has also launched complete office package for small companies that includes …

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Engro Fertilizers and Engro Foundation selected as recipients of the AREA 2019

By editor
May 28, 2019 UTC
in :  Business & Finance, News

TAIPEI: Engro Fertilizers Limited and Engro Foundation received an international award for their Partnerships and Value Expansion in Seeds Value Chain (PAVE) project at the Asia Responsible Enterprise Awards (AREA) 2019 in Taipei, Taiwan on May 24, 2019. Co-funded by Engro Fertilizers Limited and the Department of Foreign Aid and Trade (DFAT), Government of Australia, PAVE aims to build capacities …

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Careem enters micro-mobility space with acquisition of Cyacle

By editor
May 28, 2019 UTC
in :  Business & Finance, News, Travel

By Rafiq Vayani ABU DHABI, United Arab Emirates: Careem has entered the micro-mobility space with the acquisition of UAE-based company Cyacle. Cyacle is the leading bikeshare service in UAE. Launched in December 2014, it’s a fully-automateddocked bikeshare service currently operating in Abu Dhabi. Stations run 24-hours a day via an app, a touch screen kiosk and docking system that releases bikes …

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