Pakistan’s leading brand of home-appliances – Dawlance continues to introduce more innovative products to cater to the evolving needs of various consumer segments in Pakistan. The latest additions to its product range include: the new Glass Door Chest Freezers – the DF 200 ES along with the 91998 Signature Inverter. With the introduction of these Glass-Door models, this year, the …

KARACHI: The Board of Directors of Indus Motor Company (IMC) Ltd. met on August 28, 2018 to review the company’s financial and operating performance for the year ended June 30, 2018. The company posted net sales revenue of Rs. 140.2 billion, up by 25% as compared to Rs. 112.27 billion last year, while profit after tax grew by 21% to …

DUBAI: To celebrate Emirati Women’s Day, the Emirates Group unveiled a special video tribute to the late HH Sheikh Zayed bin Sultan Al Nahyan, the founding father of the United Arab Emirates, who was a driving force in supporting the advancement of women in the country. Released on Emirates’ social media platforms, the one-minute video draws a parallel between Sheikh Zayed’s vision …

By Rafiq Vayani KARACHI: Under this MoU Signing, KPMG as a part of its CSR activities, agreed to provide pro bono services to act as the tax & financial advisors of SAF. These services will include tax advisory on routine tax matters, assistance in tax compliances, provide financial advisory services i.e development of financial systems for the organization, development of …

KARACHI: Standard Chartered Bank (Pakistan) Limited has announced its H1 2018 Results. The Bank declared aProfit (after tax) of PKR 5.2 billion in H1 2018, which has increased 3per cent year on year. Client revenue has increased by 10per cent year on year with positive contribution from transaction banking, financial markets and retail deposits.While administrative costs increased year on year, …

KARACHI: The Board of Directors of Bank Alfalah in their meeting held in Abu Dhabi on 26 August 2018, approved the Bank’s un-audited condensed interim financial statements for the quarter and half year ended June 30, 2018. The Bank’s Profit before Taxation for the six months period ended June 30, 2018 was recorded at Rs.10.008 Billion, as against Rs. 8.470 …

FORT WORTH: The American Airlines CR Smith Museum reopens to the public this Labor Day weekend following the successful completion of a redesign of its permanent exhibitions. To celebrate the reopening, the museum will offer free admission to children Saturday and Sunday, Sept. 1–2. The redesign, made possible through a lead donation by the American Airlines Group and gifts by …

DUBAI: Dubai Creek Harbour, the six square kilometre mega-development nearly twice the size of Downtown Dubai, will welcome its first residents early next year. A vibrant new community will take shape in a trend-setting Riviera-style neighbourhood as the first residences in Creek Island Dubai, the premier district in Dubai Creek Harbour, are being readied for hand-over. The result of meticulous planning by …

DUBAI: The International Cricket Council (ICC) Monday released an Invitation To Tender (ITT) for LIVE Cinema Screening Rights to the ICC Cricket World Cup 2019. Established cinema chains, individual cineplexes and theatres are being offered the opportunity to submit proposals for regional or worldwide rights, for which the ITT provides further details. Media rights agencies may also bid to syndicate the …

KARACHI: The Research & Policy Division of Federation of Pakistan Chamber of Commerce & Industry is organizing a Roundtable discussion on “Water Scarcity in Pakistan” on Wednesday (August 29) at FPCCI Head Office to discuss the intensity of the problem and solution and make recommendations to meet the challenges. Prominent personalities and representatives of the concern organizations are invited to discuss …