The country’s leading energy company and national flag bearer, Pakistan State Oil (PSO), celebrated 75 years of Pakistan’s Independence at PSO House, Karachi. On this momentous occasion, Managing Director & CEO, Syed Muhammad Taha hoisted the national flag, which was followed by the national anthem and prayers for the country’s prosperity and progress.  Mr Taha also planted tree saplings for …

Emaar Properties PJSC (DFM: EMAAR), announced good growth in first half profitability, underpinned by robust property sales and growth in the performance of recurring revenue businesses. This performance is testament to the continued confidence in Emaar’s brand and overall post-pandemic recovery of Dubai’s economy, led by the real estate market. Key performance highlights Led by robust performance of its core …

Executive Director Development Finance Group (DFG) Mr. Samar Hasnain has reiterated that the Mera Pakistan Mera Ghar (MPMG) Scheme is not shut down permanently and the government has decided to revise the features of the Scheme in light of changed macroeconomic situation. He was replying to the questions of anchor person in 7th Episode of SBP Podcast series. Mr. Hasnain …

The Board of Directors of Meezan Bank approved the financial statements of the Bank for the half year ended June 30, 2022. The meeting was chaired by Mr. Riyadh S.A. A. Edrees – Chairman of the Board, Mr. Faisal A. A. A. Al – Nassar – Vice Chairman of the Board was also present. The Board has approved an interim …

DUBAI/PUTRAJAYA: The Minister of Tourism, Arts and Culture YB Dato’ Sri Hajah Nancy Shukri has appointed Tan Sri Dr. Ong Hong Peng as the Chairman of Malaysia Tourism Promotion Board effective 4th August 2022, replacing Dato’ Seri Ramlan Bin Ibrahim. Tan Sri Dr. Ong Hong Peng began his service in the government sector as an Assistant Director at the Public Service …

EROS, a leading consumer electronics retailer, announced its annual Back to School (BTS) festival is back with exciting exchange program along with promotions /discounts across all their stores in the UAE and online. UAE residents/ students and educators can save at least AED 600 under the laptop exchange program, along with exchange programs on other lifestyle products, such as mobiles, …

Central Directorate of National Savings (CDNS) and Central Depository Company of Pakistan Limited (CDC) signed a Memorandum of Understanding for mutually collaborating to convert and issue National Savings Certificates (NSCs) in digital form to reduce physical process flows of different transactions and develop a systematic framework through which NSCs can be inducted into the Central Depository System (CDS). While addressing …

The newly elected KE Board met for its first board meeting on Thursday. The Board, which was reconstituted following an Extraordinary General Meeting (OEGM) held on 29th July 2022 as per statutory requirements, appointed Mark Gerard Skelton as the Chairman of the utility’s Board of Directors. The newly appointed board was welcomed by CEO KE Moonis Alvi along with KE’s …

Huawei announced its business results for the first half of 2022 today. Overall performance was in line with forecast. In 2022 H1, Huawei generated $45 billion in revenue, with a net profit margin of 5.0%[1]. The Carrier BG contributed $21.3 billion, the Enterprise BG $8.1 billion, and the Device BG $15.1 billion. “While our device business was heavily impacted, our ICT …

Standard Chartered Bank Pakistan Limited (SCBPL) in partnership with the British Deputy High Commission (BDHC), Karachi organised an event to celebrate 75 years of Pakistan’s independence. The event was widely attended by girls between the ages of 11-15 years, from schools of underserved communities which the Bank supports through their Goal programme. Volunteers from the Bank conducted a mentoring sessions …