ISLAMABAD: The Pakistan Credit Enhancement Facility (PCEF) was introduced to public and private sector stakeholders yesterday in a conference co-hosted by Karandaaz Pakistan and UK’s Department for International Development (DFID) in Islamabad. The local currency credit enhancement facility is being set up to address and overcome existing constraints in the supply of local financing to infrastructure projects and to help …

KARACHI: Agha Steel Industries Limited and Italy’s Danieli Group signed an agreement announcing the construction of Asia’s first Endless Steel Technology Mi.Da. Plant with DRB (Direct Rolling & Bundling) in Karachi. Danieli Group will be looking after end-to-end technical consultancy for the Engineering, Procurement and Construction (EPC) of the Project.  His Excellency Stefano Pontecorvo, Ambassador of Italy to Pakistan, was …

DUBAI: Sir Tim Clark has been named “Aviation and Transport Business Leader of the Year” at the Gulf Business Awards 2018, held last night in Dubai. The regional accolade recognised Sir Tim for his contribution to the aviation sector over the past 12 months, as well as his dedication and sustained commitment to building an outstanding track record of financial …

News Desk DUBAI: Thousands of volunteers will have access to exclusive events and opportunities at Expo 2020 Dubai, with the opening of a permanent hub designed to inspire and engage them throughout their journey to 2020. Located on the Expo 2020 site, the House of Volunteers was yesterday inaugurated by Her Excellency Reem Al Hashimy, UAE Minister of State for …

KARACHI: Engro Foods Limited participated in a resourceful seminar on Food Safety and Nutritional Policies, to enrich the discussions with its valuable experience as a leading provider of dairy products in Pakistan. The event held at the Institute of Agricultural Sciences (IAGS) attracted internationally reputed experts of nutrition. Engro Food’s participation in this insightful forum reflects the commitment of this …

DUBAI: In response to increased demand for travel during the autumn school holidays, Emirates today announced it will operate its A380 between Dubai and St. Petersburg, temporarily replacing the Boeing 777 aircraft currently operating on the route. During the period of 25 to 29 October 2018, in advance of the school holidays in Russia, flights EK 175/176 between Dubai and …

KARACH: The 18th anniversary of the LADIESFUND Power Lunches at Okra, a series now well in its 5th year where women entrepreneurs and professionals network for business development. Over 500 different dynamic women professionals and SME business owners have attended a LADIESFUND Power Lunch to date. Spotted at the full house gathering were Senator Khushbakht Shujaat, Nasreen Jalil, Chair of …

KARACHI: Pakistan South East Asia Business Forum (PSEABF) and Karachi Business Forum (KBU) hosted a welcome dinner in honour of delegates, distinguished dignitaries, speakers and sponsors supporting PSEABF at the residence of Rashid Ahmed Siddiqui, Chairman Afeef Group on Friday. The PSEABF international Conference was held on September 8, 2018 at Marriott Hotel Karachi. Sardar Masood Khan President Azad Jamu Kashmir …

DUBAI: The Dubai Chamber of Commerce and Industry recently hosted a workshop which provided the business community with more clarity on existing real estate laws in the UAE and recent regulatory developments impacting the sector. The workshop, led by Dubai-based law firm Galadari Advocates & Legal Consultants, was held at Dubai Chamber’s premises and attended by Dubai Chamber members, lawyers …

By Rafiq Vayani KARACHI: Chairman Businessmen Group & Former President Karachi Chamber Commerce and Industry (KCCI) Siraj Kassam Teli has said that all 15 candidates of Businessmen Group (BMG) will win KCCI Annual Election 2018-19 with huge margins and the opposition will face forfeiture of their security deposits as majority of the business and industrial community has extended overwhelming support …