Bestway Cement inaugurates 13.5MW waste heat recovery plants

The inauguration ceremony of the 6MW and 7.5MW waste heat recovery power plants was held at Bestway Cement Limited’s operations at Hattar and Farooqia, District Haripur respectively on Friday, 24 July, 2015. Speaking at the ceremony held to mark the occasion, group Chairman Sir Anwar Pervez, hailed the accomplishment as yet another milestone in the long series of achievements by Bestway since its entry in Pakistan.

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ETIHAD AIRWAYS appoints Abdulmohsen as Air Seychelles CFO

Etihad Airways, the national airline of the United Arab Emirates, has appointed Abdulmohsen Al Sayegh senior members of its finance team as Air Seychelles’ Chief Financial Officer. He holds a Bachelor’s Degree in Business Administration and Financial Services from the UAE’s Higher Colleges of Technology (HCT) and has extensive experience working for Etihad Airways in the UAE and across the world.

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Health Asia 2015- 11th Int’l Exhibition & Conference on 8-10 September at Karachi Expo Centre

11th Health Asia 2015 Int’l Exhibition & Conferences incorporating Pharma Asia Int’l Exhibition will be held from 8th to 10th September 2015 at Karachi Expo Centre. The Event is organized by Ecommerce Gateway Pakistan (Pvt) Ltd. with the support of Pakistan Society of Anesthesiologists, Friends of Cardiac Surgery, Ministry of Health Government of Sindh; Trade Development Authority of Pakistan, Pharma Bureau of Information and Statistics, Pakistan Pharmaceutical Manufacturers Association (PPMA).

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Pakistan’s Liquid Foreign Reserves Position April, 30th 2015

The total liquid foreign reserves held by the country stood at US$17,717.6 million on 24April2015, says a press release issued by central bank of Pakistan.

The break-up of the foreign reserves position is as under:-

  1. Foreign reserves held by the State Bank of Pakistan: US$  12,565.1  million
  2. Net foreign reserves held by banks :    US$    5,152.5  million
  3. Total liquid foreign reserves                 :    US$  17,717.6 million

During the week ending 24April2015, SBP’s Liquid FX Reserves increased by US$201 million to US$12,565 million, compared to US$12,364 million in the previous week.

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