DUBAI: More than 3,500 Special Economic Zones or Free Trade Zones – also known as Free Zones – spread across 130 countries handle US$3.5 trillion worth of exports annually, according to a latest report by the Organisation for Economic Cooperation and Development (OECD). With global exports reaching US$15.46 trillion, the share of free zones has crossed 22.63 percent. Of this, …

By Rafiq Vayani KARACHI: Mr. Suwat Kaewook, Consul General Royal of Thai Consulate in Karachi along with M. Azeem Qureshi, General Manager Beach Luxury Hotel, Karachi, Mr. Arif Suleman, President PTFA&BF and Honorary Trade Advisor, Government of Thailand and others recently inaugurated the Thai Food Festival at Beach Luxury Hotel, Karachi. The Festival is being organized by Avari International Hotels …

DUBAI: Procter & Gamble (P&G) won three coveted product innovation honors at the recently held Product of the Year Gulf 2018 finale. The awards, selected by an independent consumer survey of consumers in the Gulf, honor and promote product innovation and quality in the region. P&G picked up wins for the most innovative products in the fabric softener, laundry detergent …

DOHA: Qatar Airways is pleased to announce that it has entered into an MoU with Moscow’s Vnukovo International Airport, Russia’s third-largest airport, to potentially acquire up to 25 per cent of the airport’s total shares. The signing ceremony took place on Wednesday 4 April at the Oryx Rotana Hotel in Doha. Qatar Airways Group Chief Executive, His Excellency Mr. Akbar …

By Rafiq Vayani ABU DHABI: Kingsgate Hotel Abu Dhabi, part of Millennium Hotels and Resorts, marked its 10th year in the hospitality industry with a continued commitment to providing comfort, service and efficiency to corporate and leisure travelers looking for convenient and affordable accommodation in the capital. A VIP dinner celebrating the milestone was held last March 28, honoring loyal …

KARACHI: The Southern Regional Committee of the Institute of Chartered Accountants of Pakistan (ICAP) organized an awareness session on new ethics requirement of responding to Non-Compliance with Laws and Regulations (NOCLAR) for its members. Seminar was held at ICAP house and largely attended by practicing and non-practicing members. Key Note speaker was Haroon Tabraze, FCA, member of the Auditing Standards …

ABU DHABI:  As part of the strategic roadmap set by the Abu Dhabi Securities Exchange (ADX), the leading financial market in the region, towards expanding niche services to issuers and in line with its goals of attracting and activating a wider range of investors as well as increasing market capitalization and product range, the Exchange hosted today representatives from both …

KARACHI: Engro Foods Limited (EFL) is built from the fabric of Pakistan, they launched a campaign “Colors of Pakistan”revealing their 2nd Coffee table book called “Colors of Deosai”, this book launch was very well received by the media and the public. It is a sustainability effort of Engro Foods to give back to the nation and contribute towards building a …

By Rafiq Vayani DUBAI: Business leaders and CEOs from top Ghanaian banks and insurance companies will join a trade mission to Dubai later this month which is being organised by the Dubai Chamber of Commerce and Industry’s representative office in Accra. The trade mission will be held April 7th-13th 2018 and coincide with the Annual Investment Meeting 2018 in Dubai.The …

KARACHI:  Lulusar, an online women clothing brand celebrated their one year into the fashion industry with the exhibition of their latest collection recently in Karachi. Lulusar, is a Lahore based clothing brand which is aimed at women who like to be trendy and stylish all the way and look out for a variety of casual, simple yet elegant, evening and …