By Rafiq Vayani KARACHI: After its success in Lahore and Islamabad, multi-label store La Societe opens its doors to Karachi’s finest on 27th April. Located on 26th Street, the store features retail merchandise from international designers including formal wear and accessories from brands that need no introduction such as Canali, suits and smart casual from Emporio Armani and the only fully range of …

DUBAI: The latest business confidence survey conducted by the Department of Economic Development (DED) shows that economic conditions during the first quarter of 2018 (January-March) have improved over the same quarter of last year, and also over Q4 2017. The Composite Business Confidence Index has improved by 5.5 points after registering 116.7 points in Q1 2018 as compared to 111.2 …

KARACHI: Standard Chartered Bank (Pakistan) Limited has announced its Q1 2018 Results. The Bank reported a Profit before tax of PKR 4.2 billion compared to PKR 4.1 billion for the same period last year. Total revenue remained resilient, recording a growth of 1 percent despite reduced margins and re-pricing within the investments portfolio. However, client revenue has increased and is …

LAHORE: Unilever Pakistan has announced plans to enhance manufacturing operations across its four factories in Punjab, with a total investment of USD 120 million over the next three years. Details of this investment strategy were unveiled during a conference at a local hotel. The investment acknowledges Pakistan’s macro-economic stability and high potential for long-term growth. Unilever highlighted its commitment to …

ABU DHABI: Abu Dhabi National Exhibitions Company (ADNEC) has won the ‘Best Venue’ award for the Abu Dhabi National Exhibition Centre at the 2018 Middle East Special Events and Exhibitions (MESE) Awards, which was held recently at Madinat Jumeirah Hotel in Dubai. The award was given to exhibition centres which have permanent venue structure dedicated to events, either built for …

LONDON: Engro Foods from Pakistan has been awarded the Commonwealth Company of the Year Award from the Commonwealth Businesswomen’s Network. The award recognises a company that has had a significant impact on women’s economic empowerment in the organisation and the wider community. The Award was made during the Commonwealth Heads of Government Meeting in London in consultation with an Advisory …

By Rafiq Vayani DUBAI: Emirates’ stand was buzzing at this year’s ATM, with over 18,000 visitors making their way to the stand to experience the airline’s signature products and services. Visitors were also able to experience the new Boeing 777-300ER First Class Private Suite for the first time at ATM. In addition, the Emirates stand showcased the airline’s recently launched …

By Rafiq Vayani DUBAI: Al Habtoor Group Founding Chairman Khalaf Ahmad Al Habtoor visited the Arabian Travel Market (ATM) at the Dubai World Trade Centre on Wednesday 25 April, 2018. He was accompanied by Mohammed Al Habtoor, Vice-Chairman & CEO, Al Habtoor Group. The international travel and trade show, now in its 25th year in Dubai, which runs from 22-25 …

KARACHI: Experts from Standard Chartered’s Greater China Region hosted roadshows in Sri Lanka,Bangladesh and Pakistan to outline the benefits of and investment opportunities from China’s B&R initiative, together with Renminbi internationalisation. The purpose of these roadshows is to enable our clients to take advantage of the benefits presented by China-led Belt & Road initiative (B&R), which is also bringing more …

DUBAI: Held in Dubai, from 21st to 26th April by the Society of Engineers (SOE) and the International Tunnelling and Underground Space Association (ITA), the World Tunnel Congress and 44th ITA General Assembly were a momentous occasion and an undoubted success for the global industry. Focused on “The Role of Underground Space for future cities”, the world tunnel congress shared a light …