24th Annual Eid Card Competition held at Hamdard Public School

A renowned Social Worker & TV Artist  Mrs. Jehan Ara Hai cutting the ribbon of inauguration of 24th Annual
Eid Card Competition at Bait al Hikmah Auditorium, Madinat al Hikmah organized by Hamdard Public School &
Hamdard Village School. Mrs. Sadia Rashid, President, Hamdard Foundation Paistan, Fatema Munir Ahmed,Vice President Madinat al Hikmah , Prof.

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Siraj Teli urges Business & Industrial community to protest against GIDC Bill 2015, anti-business policies

A dinner reception hosted by the Karachi Chamber of Commerce and Industry (KCCI) and the Businessmen Group (BMG) to mark 18 years of Public Service of Businessmen Group from KCCI’s platform at PAF Convention Center recently.

 

Chairman Businessmen Group (BMG) and Former President of the Karachi Chamber of Commerce and Industry (KCCI), Siraj Kassam Teli, while strongly criticizing the passage of Gas Infrastructure Development Cess (GIDC) Bill 2015 by the Parliaments, urged the business and industrial community of Karachi, particularly the textile sector, to lodge protest against this anti-business move of the government.

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KE: Operation Burq Continues with Positive Results

Operation Burq, KE’s campaign against defaulters and thieves continued with some positive results as some residential and commercial thieves were targeted. KE’s team with the help of FIA, Sind Police and Pakistan Rangers raided almost 80 different spots today which included North Karachi, Nazimabad, Defence, Gulshan, Surjani, Korangi, Clifton, Bahadurabad, Lyari, Baldia, Gadap, ShahFaisal, Malir and Johar, says a statement.

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Sachal Energy gets `financing of US $107 million for Wind Power Project

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Sachal Energy Development (Pvt) Limited, a wholly owned subsidiary of Arif Habib Corporation Limited has announced that they have been sanctioned financing of US $107 million from Industrial and Commercial Bank of China (ICBC) World’s Largest Bank.

It may be mentioned here that Sachal Energy has signed a financing agreement with Industrial and Commercial Bank of China (ICBC) for Sachal Wind Power Plant.

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APCNGA expresses reservations over GIDC Act

The All Pakistan CNG Association (APCNGA) has expressed serious reservations over GIDC Act terming it discriminatory. The Act will not treat different gas consuming sectors on equitable basis while recovery of GIDC of the past years and mark up is illegal, said Ghiyas Abdullah Paracha, Chairman Supreme Council APCNGA.

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HP Invitational Golf Tournament-2015, Pakistan

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The first HP Invitation Golf Tournament 2015 Pakistan held at Karachi Golf Club on May 16. Despite hot weather, 123 amateur golfers participated in this 18-hole premier event comprising of representatives from leading MNCs, Banks & Financial Institutions, Utility & IT companies, and Industrial sector.

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Senator Saleem Mandviwalla elected as the Chairperson for the Standing Committee on Finance, Revenue, Economic Affairs, Statistics and Privatization

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Senator Saleem Mandviwalla has been unanimously elected in as the Chairperson for the Senate’s Standing Committee on Finance, Revenue, Economic Affairs, Statistics and Privatization. This decision was taken at a meeting convened at the Parliament House in order to elect the Chairpersons for the 34 parliamentary committees.

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SHURA HAMDARD DISCUSSES THE COMING NATIONAL BUDGET 2015-16

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Mrs. Sadia Rashir, President Hamdard Foundation Pakistan  addressing on“National Budget 2015-16 and public expectation”, presiding over by Justice (Rtd) Haziqul Khairi at a local hall. Dr.Shahid Hasan Siddiqi is also present  on this occasion.

Speakers at the meeting of Shura Hamdard Karachi chapter urged the government to try its level best to make the coming national budget 2015-16 people friendly as the masses are already under the burden of high prices of daily use commodities.

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Standard Chartered receives Islamic Finance News “Deal of the Year Award” for Pakistan

Islamic Finance News recognised Standard Chartered Saadiq for the Best Deal of the Year Award for successfully closing the US dollar dominated Government of Pakistan (“GOP”) International Sukuk.

The Bank was competing with some of the largest players in the Banking Industry and has won this award on the basis of its competence and commitment to the clients.

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