DUBAI: The latest business confidence survey conducted by the Department of Economic Development (DED) shows that economic conditions during the first quarter of 2018 (January-March) have improved over the same quarter of last year, and also over Q4 2017. The Composite Business Confidence Index has improved by 5.5 points after registering 116.7 points in Q1 2018 as compared to 111.2 …

KARACHI: Standard Chartered Bank (Pakistan) Limited has announced its Q1 2018 Results. The Bank reported a Profit before tax of PKR 4.2 billion compared to PKR 4.1 billion for the same period last year. Total revenue remained resilient, recording a growth of 1 percent despite reduced margins and re-pricing within the investments portfolio. However, client revenue has increased and is …

LAHORE: Unilever Pakistan has announced plans to enhance manufacturing operations across its four factories in Punjab, with a total investment of USD 120 million over the next three years. Details of this investment strategy were unveiled during a conference at a local hotel. The investment acknowledges Pakistan’s macro-economic stability and high potential for long-term growth. Unilever highlighted its commitment to …

DUBAI: The Emirates Airline Festival of Literature has been named theBest Arts and Cultural Event at the 2018 Middle East Special Event Awards (MESE)which were announced on the 23 April at a glittering ceremony at the Madinat Jumeirah,Dubai. The Festival, which has just celebrated its 10th anniversary (1-10 March), is one of the leading international literary festivals and the Arab …

By Sidra Tahir KARACHI: Provincial Minister for Information and Transport Syed Nasir Shah said that Government of Sindh will announce youth policy on 7th may for the very first time. in which the talented youngsters from every fields will be provided with many opportunities for their progress, its preparation has been completed. Policy’s motive is to bring forward the talent …

ABU DHABI: Abu Dhabi National Exhibitions Company (ADNEC) has won the ‘Best Venue’ award for the Abu Dhabi National Exhibition Centre at the 2018 Middle East Special Events and Exhibitions (MESE) Awards, which was held recently at Madinat Jumeirah Hotel in Dubai. The award was given to exhibition centres which have permanent venue structure dedicated to events, either built for …

LONDON: Engro Foods from Pakistan has been awarded the Commonwealth Company of the Year Award from the Commonwealth Businesswomen’s Network. The award recognises a company that has had a significant impact on women’s economic empowerment in the organisation and the wider community. The Award was made during the Commonwealth Heads of Government Meeting in London in consultation with an Advisory …

By Rafiq Vayani DUBAI: Emirates’ stand was buzzing at this year’s ATM, with over 18,000 visitors making their way to the stand to experience the airline’s signature products and services. Visitors were also able to experience the new Boeing 777-300ER First Class Private Suite for the first time at ATM. In addition, the Emirates stand showcased the airline’s recently launched …

By Rafiq Vayani DUBAI: Al Habtoor Group Founding Chairman Khalaf Ahmad Al Habtoor visited the Arabian Travel Market (ATM) at the Dubai World Trade Centre on Wednesday 25 April, 2018. He was accompanied by Mohammed Al Habtoor, Vice-Chairman & CEO, Al Habtoor Group. The international travel and trade show, now in its 25th year in Dubai, which runs from 22-25 …

KARACHI: Experts from Standard Chartered’s Greater China Region hosted roadshows in Sri Lanka,Bangladesh and Pakistan to outline the benefits of and investment opportunities from China’s B&R initiative, together with Renminbi internationalisation. The purpose of these roadshows is to enable our clients to take advantage of the benefits presented by China-led Belt & Road initiative (B&R), which is also bringing more …