KARACHI: Meezan Bank, Pakistan’s first and largest Islamic bank has successfully launched electronic subscription to IPOs (Initial Public Offerings) for its corporate customers via CDC’s (Central Depository Company) newly launched Master TREC Module in Centralized eIPO System (CES). Using Master TREC in CES, Meezan Bank will allow registered Master TREC Holders (Brokerage Houses) to make payments electronically on behalf of their …

By Rafiq Vayani KARACHI: Chairman Businessmen Group (BMG) & Former President Karachi Chamber of Commerce & Industry (KCCI) Siraj Kassam Teli has announced names of incoming Office Bearers of Karachi Chamber for the year 2020-21. According to the announcement, BMG leadership has agreed to elect Shariq Vohra as President, Saqib Goodluck as Senior Vice President KCCI and Shamsul Islam as …

News Desk KARACHI: Standard Chartered Bank (Pakistan) Limited today confirmed that Rehan Shaikh has joined the bank in Pakistan as the new Chief Executive Officer. His appointment is being announced post receiving all regulatory approvals. Rehan has over 35 years of banking experience, whereby most recently he was the CEO Islamic Banking, based in Dubai, UAE. Rehan has a consistent …

News Desk DUBAI: This month, BinSina Pharmacy – Dubai’s first-ever licensed pharmacy-celebrates 55 years of its foundation and success in the United Arab Emirates. An Al Khayyat Investments (AKI) brand, BinSina Pharmacy is one of the UAE’s leading pharmacy chains with ambitious plans to further expand its operations across the GCC region. Established in 1965, the chain prides itself in …

Media OutReach Newswire HONG KONG: As one of the world’s leading and largest dairy cooperatives with almost 150 years of Dutch dairy heritage and expertise, FrieslandCampinais committed to providing better nutrition for the world while ensuring a good living for the farmers and creating a sustainable natural environment for now and for generations to come. In response to the rising …

News Desk DUBAI: Emirates has announced it will resume passenger services to Kuwait City (5 August) and Lisbon (16 August). This will take Emirates’ passenger network to 70 destinations in August, over 50% of its pre-pandemic destination network, as the airline gradually resumes operations with the safety of its customers, crew and communities as its top priority. Flights from Dubai …

News Desk DUBAI: Network International, the leading enabler of digital commerce across the Middle East & Africa (MEA) today announced that Careem joins its growing list of issuer processing clients. The five-year agreement will see Network International process prepaid cards on behalf of Careem in five countries: United Arab Emirates, Saudi Arabia, Egypt, Jordan, and Pakistan. The project is part of Careem’s digital …

By Rafiq Vayani ABU DHABI: Etihad Airways, the national airline of the UAE, has launched innovative new protective wear for First and Business class guests. As part of its new health and hygiene programme, Etihad Wellness, premium passengers will receive a snood style facemask for use throughout their journey and beyond. The soft reusable snood has been treated with MicrobeBARRIER™ …

DUBAI: With the Kuwaiti Government fast transitioning from narrowband to broadband networks, Airbus has shown strong support for the move through increased deployment in the country of its secure communication and collaboration solutions, specifically TactilonAgnet 900 and TactilonDabat.  Agnet 900 and TactilonDabat are currently being rolled-out across local public safety entities in Kuwait to help strengthen their mission-critical communication systems.Concerned …

DUBAI: Roads and Transport Authority (RTA) launched an array of initiatives in support of 500 orphan children from less fortunate families marking the advent of Eid Al-Adha. The move is part of RTA’s social responsibility towards these community segments in coordination with the Emirates Red Crescent Authority, Serco – the operator of Dubai Metro and Tram, Emaar Properties, and “Talabat …