KARACHI: Ismail Suttar was unanimously elected as the new President of Employers’ Federation of Pakistan following the resignation of Mr. Majyd Aziz. Meanwhile, Zaki Ahmed Khan, will remain Vice President while Majyd Aziz would continue to be Member of EFP Board of Directors. Ismail Suttar is also the chairman of EFP Economic Council and CEO of Hub Pak Salt Refinery.  He …

News Desk (NYSE: V) today announced that it welcomes the UAE Central Bank’s move to increase the Card Verification Method (CVM) limit for contactless transactions in UAE to AED 500 (from AED 300). The 67% increase in the PIN-free transaction limit will allow consumers to simply tap-to-pay using their card, mobile phone or a wearable device for larger purchases. Visa is working …

News Desk ABU DHABI: Etihad Airways continues to increase the number of special flights it is operating from Abu Dhabi to several key destinations around the world, as it prepares for an eventual return to scheduled flights, subject to the lifting of current travel restrictions.  Throughout May, the airline will increase frequencies on recently announced special flights from Abu Dhabi to …

DUBAI: Around 30 per cent of businesses in Saudi Arabia are worried about the need to transform into a digital operation in the age of Coronavirus. GoDaddy, a website hosting company and domain registrar, is now reaching out to them, and other companies across the MENA region, to offer support and assistance as they attempt to successfully navigate the current …

LAHORE: As part of the PKR 1 billion Hussain Dawood Pledge, Engro Foundation – the social investment arm of Engro Corporation – has committed to provide PKR 20 million in financial assistance to Shaukat Khanum Memorial Cancer Hospital & Research Centre to expand COVID-19 testing capacity across Southern Punjab and strengthen the health sector to cope with the ongoing pandemic. Under …

News Desk KARACHI: The Board of Directors of Bank Alfalah Limited in its meeting held on April 26, 2020, approved the Bank’s unaudited condensed interim financial statements for the quarter ended Mar 31, 2020. The Bank’s pre-tax profit and post-tax profit stood at Rs. 4.757 billion and Rs. 2.821 billion respectively, translating into an EPS of Rs. 1.59 per share(Mar …

KARACHI: Patron in Chief Site Association of Industry(SAI) Siraj Teli, Zubair Motiwala, President Suleman Chawla, SVP Saleem Nagaria, VP Farhan Ashrafi, Younus Bashir, Tariq Yousuf, Jawed Bilwani, Saleem Parekh have expressed deep grief and sorrow on sad demise of Mehtabuddin Chawla, Chairman and CEO of Al-Karam Towel Industries Pvt. Limited. In a statement, SAI leaders, prayed for the blessings and forgiveness …

News Desk RAS AL KHAIMAH: Ras Al Khaimah Government Media Office (RAKGMO) has showcased an integrated package of smart services provided by government and semi-government entities in the Emirate, in sectors including health, business and economy, to encourage the use of smart and electronic channels for customers to complete their government transactions. These efforts are organized in collaboration with government and semi-government …

KARACHI: A couple of new tools have been introduced on Instagram to support small businesses during the present challenges especially being faced by small and medium businessmen in Pakistan. These tools will empower users of Instagram to support their favorite businesses and help entrepreneurs to make their sales. Starting 25 April 2020, businesses in Pakistan, Bangladesh, Sri Lanka can now …

KARACHI: In its effort to respond to the COVID-19 pandemic and build capacity in the national healthcare system, JS Bank and its partners donated Rs. 10 Million to the Aga Khan Health Service, Pakistan. In addition, the Bank donated another Rs. 7.35 Million to Indus Hospital for Personal Protective Equipment (PPE). The donation was made under the Rs 110 Million …