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News

Overseas Investors Chamber of Commerce hails appointment of Shabbar Zaidi as Chairman FBR

By editor
May 15, 2019 UTC
in :  Business & Finance, News

KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI), has appreciated the appointment of well-known tax expert Shabbar Zaidi as Chairman of the Federal Board of Revenue (FBR). The OICCI President, Shazia Syed commenting on the appointment said “Mr. Shabbar Zaidi, is a well-respected tax professional, who has been closely associated with tax policy and administration in Pakistan for many …

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President of the Republic of Mozambique to address at the EurAfrican Forum 2019 in Portugal

By editor
May 15, 2019 UTC
in :  Business & Finance, News, World

CASCAIS: The EurAfrican Forum (www.EurAfricanForum.org) organization announced today the presence of the President of Mozambique, His Excellency Filipe Nyusi, for an institutional speech on the first day of the event, July 4, 2019, on the same day that António Vitorino, Director General for the International Organization for Migrations – UN Migration Agency (IOM) will address about the migration dialogue between …

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BankIslami and EFU Life join hands for BancaTakaful Business

By editor
May 15, 2019 UTC
in :  Business & Finance, News

KARACHI: BankIslami Pakistan Limited and EFU Life Assurance Limited have entered into strategic alliance for distribution of EFU Life’s Hemayah Family Takaful products. BankIslami is one of the leading Islamic banks operating through a network of 330 branches in 114 cities in Pakistan. EFU Life is one of the leading life insurance companies in Pakistan and is the first Window …

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New Porsche Cayenne S Coupé with 440 hp now available for order

By editor
May 15, 2019 UTC
in :  Business & Finance, News

DUBAI: Porsche is launching another powerful addition to its SUV Coupé range: the Cayenne S Coupé. The model is available for order from today, with first units expected to reach the market in October. The 2.9-litre V6 engine featuring twin-turbocharging and developing 440 hp (324 kW) is at the heart of the new four-door sports car. The maximum torque of …

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Thai Airways flights to Lahore and Islamabad remain cancelled until 31 May 2019

By editor
May 15, 2019 UTC
in :  Business & Finance, News, Travel, World

BANGKOK: Mr. Nond Kalinta, Vice President of Sales, Thai Airways International Public Company Limited (THAI), said that cancellation of THAI roundtrip flights from Bangkok-Lahore and Bangkok-Islamabad has been extended from 15 May 2019 until 31 May 2019, due to partial opening of Pakistani airspace and restrictions on some routes. To facilitate THAI passengers travelling to Lahore and Islamabad, THAI has …

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Schneider Electric and Al Rawabi win ‘Network Optimization of the Year’ at Future Network Award’s

By editor
May 15, 2019 UTC
in :  Business & Finance, News

DUBAI: Schneider Electric, the leader in digital transformation of Energy Management and Automation and Al Rawabi, the largest UAE-based dairy company, by production and livestock size and were felicitated at the Future Network Awards under the category of ‘Network Optimization of the Year”. This recognition comes in view of Al Rawabi’s successful Digital Transformation of its Energy Management Systems with …

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Govt. to introduce panchayat, alternative dispute resolution system: Fatyana

By editor
May 14, 2019 UTC
in :  News

ISLAMABAD: The Chairperson, National Assembly Standing Committee on Law & Justice, Riaz Fatyana has said the government is trying to introduce panchayat system in the country and alternative dispute resolution laws in the parliament which will reduce burden on courts and provide transparent, cost effective and speedy justice to the people, especially to women and vulnerable groups. Speaking at a seminar …

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D-Gents announces its Grand Launch of Men’s Grooming Salon

By editor
May 14, 2019 UTC
in :  Business & Finance, Lifestyle, News

KARACHI: D-Gents, the only full-service Unisex salon and spa in Zamzama, had its grand opening event on Tuesday, May 14 at 5 p.m. The event included a ribbon-cutting ceremony with the following chief guests Mr. Faisal Quraishi, Mr. Aijaz Aslam and Mr. Aadi Adeal, followed by photo session with Harley Davidson bikes and media wall, facility visit, sound bites and …

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Australian High Commissioner hosts 1992 Cricket World Cup Exhibition at Dolmen Clifton

By editor
May 14, 2019 UTC
in :  News, Sport

By Rafiq Vayani KARACHI: The Australian High Commissioner to Pakistan, Margaret Adamson, today opened an exhibition of photographs from the 1992 Cricket World Cup played in Australia. “1992 was a tournament of firsts. The first World Cup played in Australia. The first appearance of coloured kit, white balls and night cricket. And, most importantly, the first World Cup collected by …

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Dubai World Central customer numbers top 326,000 in Q1

By editor
May 14, 2019 UTC
in :  Business & Finance, News, Travel

DUBAI: Dubai World Central (DWC) welcomed a total of 326,680 passengers in the first quarter of 2019, down -2.3% year on year, mainly due to a fluctuation in charter operations. Top destinations Accounting for nearly 50% of the traffic, Russia was the single largest contributor to customer numbers at DWC during Q1 with 167,934 passengers. Other major destination countries included …

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