Telenor Microfinance Bank (TMB) announced that it was relocating its head office to a new purpose built location on main Khayaban e Nishat, Defence Housing Authority, Karachi. The Bank’s head office was previously located at K.C.H.S Union. The move comes in wake of the Bank’s expanding customer base and services and the new location will serve the purpose effectively.
Unifeeder, a 100% owned subsidiary of DP World PLC, has announced the acquisition of a 77% stake in the Feedertech Group. The deal, which is expected to close in Q1/2020, is the latest step in DP World’s vision to build end-to-end logistics capability to serve the needs of shipping lines and cargo owners.
Abu Dhabi Airports has awarded two retail unit spaces in the upcoming new Midfield Terminal at Abu Dhabi International Airport to the Lulu Group (Lulu), a diverse conglomerate headquartered in Abu Dhabi with a strongretail presence in the UAE, the GCC and globally.
CarFirst, Pakistan’s most trusted used car trading platform commenced its operations in Faisalabad with the bid to rapidly expand its network in the major metro cities in Punjab. CarFirst will be opening purchase centres, sales centres and offering franchising services in Faisalabad within the next two months.
The 12th international Urdu conference will be held at Arts Council of Pakistan Karachi from Thursday, said President Arts Council of Pakistan Muhammad Ahmed Shah in a press conference at Arts Council Karachi. It would be inaugurated by Chief Minister Sindh Syed Murad Ali Shah.
The research, commissioned by the Association of Chartered Certified Accountants (ACCA), has highlighted that of 932 cross-sector accountants surveyed, fewer than one in three believe there is enough support for small businesses to tackle bribery and corruption.
In the professional accountancy body’s report Combating bribery in the SME sector, respondents outlined fears that procedures and policies and risk assessments are not always in place to help management and the employees.
The total cargo handled at Karachi Port during the last 24 hours closed at 123,208 Metric Tons. The breakup shows that the port has handled 37,322 Metric Tons of export cargo and 85,886 Metric Tons of import cargo during the said period.
Aimed at enhancing employability of workforce through skill development, mentoring and on-job training, K-Electric initiated a two-year Apprenticeship Programme in 2017 with a first batch of over 30 apprentices and the vision to train hundreds more across areas of generation, distribution and transmission.
Jaffer Business Systems (JBS) and EFU Life Assurance recently signed a Memorandum of Understanding (MoU). According to the MoU, JBS has partnered with EFU Life for providing Hewlett Packard Enterprise (HPE) Storage Solutions that include HPE 3PAR, Storage Switches and HPE Backup Appliance.
The Asian Federation of Advertising Associations (AFAA) has bestowed its prestigious ‘Leadership Award’ to the founder and Chairman of English Biscuit Manufacturers (EBM) – Mr. Khawar Masood Butt, during its conference in Lahore. This accolade was presented in recognition of his tremendous contributions to the marketing and advertising industry of Pakistan as well as his vision and good governance resulting in EBM’s successful growth over the years.