Hubco, Pakistan’s largest IPP has announced the appointment of Kamran Kamal as its new CEO. Kamran has succeeded Khalid Mansoor who led the company for eight years. Kamran has already been a part of Hubco for the past 6 years as the CEO of Laraib Energy Limited, a hydel subsidiary of the Company. Previously, he held the position of Vice President China Power Hub …

A Kazakhstan national became a US dollar millionaire while three other winners will drive away in a luxury vehicle as their winning tickets were drawn today in the Dubai Duty Free Millennium Millionaire and Finest Surprise draw held in Concourse D at Dubai International Airport. Mr. Rishat Tyulegenov, a Kazakhstan national based in Kazakhstan became the latest US$1 million winner …

Starting on 01 October 2021, Lufthansa will be introducing a new connection between Dubai International Airport (DXB) and Munich, doubling its capacity on routes to the UAE compared to pre-crisis levels, as a response to an increase in travel demand. The new route will operate three times a week, with LH638 departing Munich on Mondays, Wednesdays and Fridays and LH639 …

News Desk DUBAI: Village Capital, with the support of International Finance Corporation (IFC) today announced the 21 early-stage startups that were selected to take part in Sustainability MENA 2021, an investment-readiness program for Middle East and North Africa (MENA) and Turkey-based startups that are tackling the region’s most pressing sustainability challenges. A total of 21 companies were selected to participate in …

Etihad Airways has extended its ‘Verified To Fly’ travel document initiative, enabling travellers to validate their Covid-19 travel documents before arriving at the airport, to routes across its global network. Available for the vast majority of Etihad flights, to use the Verified to Fly service passengers sign-up by visiting Manage my Booking and following the simple instructions to upload and submit their …

Indus Motor Company (IMC) announced the launch of its facelifted Toyota Hilux Revo 2021. With more robust features, off-road driving capabilities and modern design, the new Revo V, Revo G AT and Revo G MT variants will be hitting the market with a price tag ranging between Rs 6.54 million and Rs 7.49 million. The Company’s Chief Executive, Ali Asghar …

The groundbreaking ceremony of CCI Pakistan (Coca-Cola Beverages Pakistan Ltd) greenfield production plant in Haripur was held on Wednesday, June 30, 2021, with Chief Minister KP province, Mahmood Khan being the guest of honour. This will be CCI Pakistan’s 7th production plant in Pakistan and the first in the province of KP. The new facility will be set up with …

​​​​​The International Telecommunication Union (ITU) today signed an agreement with the Government of Romania for the hosting of the ITU Plenipotentiary Conference 2022 (PP-22) in Bucharest. ITU’s supreme governing body is set to convene from 26 September to 14 October 2022 at the Palace of the Parliament in the Romanian capital, marking the return of the conference to Europe after more than three decades.    “I am very pleased that the ITU Plenipotentiary Conference …

Creditfix, the Pakistani Fintech startup, has announced that they have secured an undisclosed amount of seed funding in a round led by venture capital fund, Insitor Partners Pte. Ltd. The Singapore-based impact investment firm confirmed this as their inaugural investment into Pakistan. The landmark deal is the first-of-its-kind in Pakistan’s startup ecosystem, marking the first-ever convertible loan financing from an …

The newly formed Board of Dubai Chambers today held its first meeting at Dubai Chambers’ headquarters, which discussed objectives and as the organisation prepares to adopt a long-term strategy.   The meeting was headed by H.E. Abdulaziz Al Ghurair, Chairman of Dubai Chambers, and attended by H.E. Omar bin Sultan Al Olama, Chairman of the Dubai Chamber of Digital Economy, His …