DUBAI: The world is facing myriad of crises due to covid-19, novel to the world. The situation is rapidly heading to ‘Global Corona Recession’, much deeper than the previous recessions that hit the global economy hard. Moody’s in recent report expects borrowers in the tourism, transportation, trade and real estate sectors to be the most affected, and small and medium enterprises …

DUBAI: Del Monte, a leading provider of fresh, healthy and great-tasting food to consumers around the globe, is continuing its sustainability drive by exerting more efforts in several fields such as waste management. The company carefully recycles cartons, plastic, nylon bags, metaletc.and has partnerships withvarious waste management companies for kinds of repurposed wasteto achieve its sustainability objectives. “Our commercial operations …

ABU DHABI: Due to the spread of the COVID-19 novel coronavirus and its continuing impact on air travel services globally, Etihad Airways continues to follow UAE and international government and regulatory authority directives and has implemented a series of consolidated network changes. This is also being carried out for the safety and convenience of its customers and staff, and to …

LAHORE: The Jack Ma Foundation and Alibaba Foundation today announced plans to donate much-needed medical supplies to 10 more countries in Asia to help the global fight against COVID-19. The governments of Afghanistan, Bangladesh, Cambodia, Laos, Maldives, Mongolia, Myanmar, Nepal, Pakistan and Sri Lanka will receive from the two foundations a donation totaling 1.8 million masks, 210,000 COVID-19 test kits, …

KARACHI: The working capacity of The Indus Hospital (TIH) to make diagnosis of coronavirus (Covid-19) infection has been tripled as the National Institute of Virology, Dr. Panjwani Center for Molecular Medicine and Drug Research (PCMD), University of Karachi joined hands with the hospital. The National Institute of Virology has provided four Real-Time PCR machines and qualified virology experts to the …

News Desk DUBAI: In the 2019 financial year, Porsche AG increased deliveries, sales revenue and the operating result before special items to new record levels. The company handed over 280,800 vehicles to customers in 2019, corresponding to an increase of ten percent compared with the previous year. Sales revenue rose by eleven percent to €28.5 billion, while the operating result before …

ISLAMABAD: Infinix the leading smartphone brand, in a short period of time, has become a household name in Pakistan. With one of the most sought after and affordable smartphones portfolio, the brand has been providing premium quality mobile phones across the globe. The latest addition to this list is the Infinix S5 pro pop-up selfie camera smartphone priced at PKR 26,999 …

ISLAMABAD: As the coronavirus (COVID-19) outbreak continues to impact lives across Pakistan, Jazz is mobilizing its resources to fight against the virus’ spread and safeguard service continuity for over 60 million subscribers. Following meetings with the Ministry of National Health Services, National Disaster Management Authority and the National Institute of Health, Jazz has pledged to support all national measures to …

LAHORE: Carrefour, operated in Pakistan by Majid Al Futtaim has implemented strict hygiene and safety protocols across all its stores in the country for the health and wellbeing of its customers amid concerns of the COVID-19 outbreak. These measures include ongoing cleaning of floors in areas with fresh foods, twice daily cleaning of all walls and work surfaces and daily …

KARACHI: ​Careem, the technology platform for the greater Middle East, has partnered with MicroEnsure to facilitate Careem captains’ health insurance in Pakistan, as announced today. The insurance policy will cover hospitalization and ICU admission in case captains or their family members are tested positive for COVID-19 or are diagnosed with any other disease. It also provides disability benefits to captains …