Abu Dhabi Airports took part in sponsoring the UAE Sport Talent Fund, which was launched in December 2018 by the Chairman of the Board of Directors of the General Authority of Sports (GAS), Major General Mohammed Khalfan Al Rumaithi.
Abu Dhabi Airports’ sponsorship of the UAE Sport Talent Fund demonstrated the company’s commitment to social responsibility, and its ongoing support of community engagement programs.… Read the rest
Global trade enabler DP World today announces that it has entered into an agreement to acquire 71.3% stake in Puertos y Logistica S.A. (“Pulogsa”) from Minera Valparaiso and other shareholders associated with the Matte Group.
Pulogsa is listed on the Santiago stock exchange, and the acquisition will be effected via a tender offer to acquire all outstanding shares of the business.… Read the rest
Pakistan’s Auto industry recorded sales of 19,423 units in Dec’18, down 1%yoy, this takes 1HFY19 volumes to 120,422 units, down 3% yoy. During 1HFY19, Economy segment declined by 24% yoy due to a tougher economic environment but 1300cc and above provided a robust 11% increase, mitigating the overall decline, says a report of Intermarket Securities.… Read the rest
Overseas Pakistani workers remitted US$ 10718.78 million in the first half (July to December) of FY19, showing a growth of 10% compared with US$ 9744.75 million received during the same period in the preceding year.
During December 2018, the inflow of workers’ remittances amounted to US$ 1690.18 million, which is 5.07% higher than November 2018 and 1.93% lower than December 2017.… Read the rest
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Engr. Daroo Khan Achakzai, President FPCCI and Mr. S.M. Muneer, Former President FPCCI & CE TDAP presenting crest to Mr. Asad Umar, Federal Minister for Finance, Revenue and Economic Affairs on his visit to Federation House Karachi. Dr.… Read the rest
Lt. Gen. (R) Zameer Uddin Shah, a retired general of the Indian army, who was sent to control the Gujarat riots that occurred in February 2002, has said that the then Gujarat chief minister Narendra Modi (now the Prime Minister of India), was allegedly responsible for the Gujarat riots.… Read the rest
The board of directors of SNGPL has assigned the charge of managing director of the company to Amer Tufail for a period of 90 days or till the appointment of regular managing director, whichever is earlier. In a meeting held recently, the board earlier, considered and approved the resignation of Amjad Latif, revealed an official notification issued to Pakistan Stock Exchange.… Read the rest
Federal Minister for Communications Murad Saeed has said, we are determined to overcome travelling difficulties being faced by the people and provide them safe and sound journey on our roads. In a few days, Lahore Ravi Toll Plaza at Lahore-Islamabad Motorway (M-2) is being shifted while new lanes are being added to Islamabad-Peshawar Motorway (M-1) Toll Plaza.… Read the rest
The 4th death anniversary of renowned Urdu poet Pirzada Ashiq Kairanvi is being observed on Sunday (today). Hailed as the most prolific poet, Pirzada Ashique Kairanvi stays behind the world’s lengthiest Ghazel comprising some 30 thousand unique verses, the most extended poetic creation produced in any world language spoken today.… Read the rest
SSGC’s Board of Directors have appointed Imran Farookhi, DMD (Corporate Services) as the Acting Managing Director till such a time a new incumbent is appointed. Mr. Farookhi has been assigned the charge of Acting MD, in addition to his own existing portfolio of DMD (Corporate Services).… Read the rest