ABIDJAN: The African Development Bank (AfDB) (www.AfDB.org) has raised an exceptional $3 billion in a three-year bond to help alleviate the economic and social impact the Covid-19 pandemic will have on livelihoods and Africa’s economies.   The Fight Covid-19 Social bond, with a three-year maturity, garnered interest from central banks and official institutions, bank treasuries, and asset managers including Socially …

KARACHI: In light of WHO recommendations for social distancing to mitigate the spread of Coronavirus, JS Bank has designated ‘safe distance’ markers for customers having to visit bank branches during these trying times. JS Bank is a majority owned subsidiary of Jahangir Siddiqui & Co. Ltd. and was formed after the merger and amalgamation of Jahangir Siddiqui Investment Bank Limited …

DAHARKI: Engro Fertilizers is leading a fumigation and disinfection drive with the district authorities in Daharki town and surrounding areas. Under this initiative launched last week, the Company has cleaned and disinfected public places such as Tehsil hospital, railway station, bus stand, residential areas and markets. Further, Engro Fertilizers has also installed 40 handwash points with awareness banners in different …

News Desk ISLAMABAD: In response to coronavirus outbreak, Zong 4G has announced a comprehensive plan to maintain network services, assist government authorities, facilitate customers and ensure that the economy continues functioning digitally. The plan has been designed to ensure that during this crisis, Zong 4G continues providing uninterrupted services, as connectivity is key for both customers and businesses. As a responsible …

By Nasir R. Zaidi, President, Pakistan Academic Consortium The outbreak of Coronavirus (COVID-19) is no more a news as it has affected every segment of life globally. Likewise, Privately Managed Educational Institutions are also not an exception. In a developing economy like Pakistan, private sector institutions have played a pivotal role in increasing overall literacy rate, promoting access to quality education, fostering …

News Desk ISLAMABAD: Pakistani telecom operator, Ufone has always given paramount importance to its customers and their well-being. The recent COVID 19 pandemic has hit the country badly and there are thousands of Pakistanis who are unable to cover their medical expenses and avail adequate treatment. Addressing this major concern, Ufone has partnered with MicroEnsure to bring U financial security …

KARACHI: Most employees at Huawei Technologies Co. are back at work following the coronavirus outbreak, though the pandemic is likely to hit the Chinese telecom giant’s financial results this year, the company’s chief executive said. Ren Zhengfei, who is also Huawei’s founder, also said that the company plans to boost its research and development budget this year by $5.8 billion to …

News Desk DUBAI: Union Coop, the largest Consumer Cooperative in the UAE recently announced that all of its branches will operate 24X7, with exceptions of Al Mamzar, Al Mizhar Mini Coop, Coop the Pointe, Al Satwa and International City. This step is as a response to the decision of The Ministry of Health and Prevention, and National Emergency Crisis and …

News Desk ISLAMABAD: It is a time when every Pakistani is engulfed by fear and worries related to Coronavirus. Amidst the panic, Pakistani brand Ufone is trying to help out its people to live with befikri through introduction of unlimited U-U and PTCL minutes (additional 5,000 mins) on Super Card Plus to ensure that subscribers remain connected with ease. Additionally Ufone Super …

ABU DHABI: The Integrated Transport Centre (ITC) of the Department of Municipalities and Transport (DMT) in Abu Dhabi announced that it has added 36 buses and 122 trips to its public bus network on routes with high demand during peak hours. This comes in line with ITC’s efforts to prevent the spread of coronavirus (COVID-19) and to maintain the public’s …