The Board of Directors of K-Electric Limited (KE) in its meeting held on November 27, 2020, at the KE head office, approved the Company’s financial results for the quarter ended September 30, 2020. KE reported a net profit amounting to PKR 1.111 billion for the quarter ended September 30, 2020, translating into an Earning per Share (EPS) of PKR 0.04. …

VILNIUS: Latvian airline airBaltic has today started performing direct flights from Vilnius to Kyiv, Ukraine. The new flights will be performed two times a week on an Airbus A220-300 aircraft. The scheduled flight time to Kyiv will be one hour and 15 minutes. Currently airBaltic performs direct flights from Riga, Tallinn and Vilnius to various European business hubs and a selection of leisure destinations. A complete schedule …

Karachi Port Trust (KPT) adds another leaf to the clean and green initiative of honourable Prime Minister of Pakistan, Mr. Imran Khan, to start mangroves plantation campaign 2020-21 during an august ceremony held at a local hotel in Karachi today which was well attended by all the General Managers, senior and middle management officials of KPT besides media and other …

The Hult Prize is a global competition that crowd-sources ideas from all universities and college students. Recently, this event was held at the Institute of Business Management (IoBM), Karachi. The theme was ‘Food for Good.’ The participating teams of IoBM students shared business ideas to reduce food wastage. Mr. Talib Karim, President IoBM delivered the welcome note. He praised the …

DUBAI: Just as the UAE celebrates its 49th National Day, flags in all shapes and sizes were waved to mark the occasion across six continents by Emirates ground operations employees. Emirates airport operations employees at the hub also joined in the celebrations, holding their flags and making a formation in the number ‘49’ in front of an aircraft at Dubai International Airport. With …

By H.E. Nicolae Goia, Romanian Ambassador to Pakistan On 1st of December 2020, we celebrate the 102 years since the realization of our Great Union. One hundred and two years back, the century long ideal of national unity has been achieved, building the foundation of the modern Romanian state. The anniversary  of the Great Union has given us the opportunity to honour …

DUBAI: Union Coop – the largest Consumer Coop in the UAE honored the anniversary of Commemoration day, an expression of pride in the eternal sacrifices of the UAE’s martyrs in the memory of the nation, as flags were set back in all of its 19 branches and malls.  On the occasion, H.E. Khalid Humaid Bin Diban Al Falasi, CEO of …

ISLAMABAD: The latest addition to their leading chain of hotels across Pakistan, Hashoo Group has announced to launch a new brand of four-star hotels by the name of “PC Legacy”. Hashoo Group is the leading chain of hotels, which already owns and operates the five-star Pearl-Continental Hotels & Resorts, Marriott Hotels, and the select-service Hotel One brand in Pakistan. SNQ …

GENEVA: ​​​While virtually all urban areas in the world are covered by a mobile-broadband network, worrying gaps in connectivity and Internet access persist in rural areas, according to Measuring Digital Development: Facts and figures 2020, a new report launched today by the International Telecommunication Union. This matters even more due to the COVID-19 crisis. Connectivity gaps in rural areas are particularly …

The UAE has been identified as a key market where Angola is looking to attract foreign direct investment in a wide variety of economic sectors, such as agriculture and agro industry, fisheries, and manufacturing, government and business leaders have revealed. Their comments came during the recent “Expand Your Business to Angola” webinar organised by Dubai Chamber of Commerce and Industry’s …