Global trade enabler DP World has signed a Memorandum of Understanding (MoU), with Namibia’s Nara Namib Free Economic Industrial Zone today to develop a free economic zone for industry and logistics in Walvis Bay to support the growth of Namibia as a regional hub for Southern Africa.

As per the latest data released by Pakistan Automotive Manufacturers Association (PAMA), total passenger car and LCV sales for Oct’19 clocked-in at 10,932 units recording a decline of 8% MoM and 56% YoY. The decline in auto sales remain much higher than anticipated.

Employers Federation of Pakistan organized 7 Employer of the Year Award 2018 ceremony.

During the occasion, EFP announced the winners of the 7th Employers of the Year Award 2018 to companies demonstrating good practices in the area of corporate and general management, employment practices, labor laws and ILC compliance, CSR, health and safety, social protection floors, strategic alliance with SDGs, training and skill development, and women empowerment.

President of Pakistan Dr. Arif Alvi will be the Chief Guest on 43rd FPCCI Export Award ceremony scheduled to be held on Friday 15th November, 2019 at Governor House, Karachi.

The FPCCI’s function is the most prestigious event of the private sector annually held to recognize the outstanding export performance of Pakistani exporters.

Meezan Bank, Pakistan’s first and largest Islamic Bank has recently been recognized as the ‘Best Compliant Employer’ by Employees’ Old-Age Benefits Institution (EOBI) – a social insurance institution of the Government of Pakistan operating under the control of Ministry of Overseas Pakistanis and Human Resource Development.

JazzCash, country’s fastest growing digital financial service, has entered into a strategic alliance with TCS, Pakistan’s largest courier, logistics and e-commerce solutions provider. Under the first phase of this alliance, 184 TCS centers across the province of Punjab will provide cash-in, cash-out, domestic remittance and interbank funds transfer services through JazzCash.

President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain has said that growth rate of all regional countries was improving except for Pakistan.

United Businessmen Group (UBG) election office has been inaugurated in Karachi recently. Patron-in-Chief of UBG SM Muneer and Chairman Iftikhar Ali Malik in their messages expressed hope of winning election easily. The nominated for the post of President Dr. Nauman Butt and for Vice Presidents Idrees have asked the business community to support UBG group for the progress of economy.

Parliamentary Secretary of the Ministry of Foreign Affairs of Pakistan Ms. Andleeb Abbas, who was leading Pakistan delegation to the 24th Council of Ministers Meeting of ECO in Antalya, held bilateral meetings on the sidelines with the Foreign Minister of Turkey and Secretary General of ECO.

The Council of Ministers (COM) of the Economic Cooperation Organization (ECO) held its 24th meeting in Antalya on 09 November 2019. Ms. Andleeb Abbas, Parliamentary Secretary for Foreign Affairs led the Pakistan delegation, which was attended by the Foreign Ministers/ Deputy Foreign Ministers and Representatives of the ECO Member States and Observers.