Emirates is making Dubai a cooler summer holiday destination than ever before, offering customers free entry to some of the UAE’s most popular attractions plus many more exciting offers, while the city’s marquee event – The Dubai Summer Surprises – returns with a full calendar of entertainment, culture and family activities.… Continue
Convocations are an honoured tradition to celebrate graduates’ accomplishments in the presence of loved ones, peers, and teachers. On June 30, the LUMS Class of 2022, came together to look back at the precious memories they made on campus, and look forward to new beginnings.… Continue
Hysab Kytab – a leading FinTech that offers a suite of financial management solutions- has signed a strategic partnership with Winikon – an IT services company specialized in the banking business to enhance customers’ banking experience. This collaboration will help provide individual-level personalized financial management products and services to banking customers.… Continue
Tapping into the South Asian talent pool for software engineers and democratizing job opportunities for the region’s developers, Turing, an international platform that connects software developers from around the world with high-quality, full-time remote jobs in the U.S, is launching in Pakistan to support engineers in fast-tracking their careers and landing their dream jobs from the comfort of their homes.… Continue
· PSX witnessed a positive session today as PKR continued to extend gains against USD and cut-off yields on 3M & 6M T-bills fell by two basis points and 15 basis points respectively compared to the previous auction. The benchmark KSE-100 index stayed mostly in the green territory as investors opted for value hunting due to clarity in the finance bill amendment approved by the National Assembly.… Continue
Shell has been a leading global supplier of finished lubricants for 15 consecutive years. Shell Lubricants business in Pakistan has appointed Burque Corporation to manage its distribution in Quetta to improve customer experience.
Shell Pakistan required a resourceful distribution partner in Quetta with proven commercial capabilities and a strong footprint to ensure wide reach and responsive customer care.… Continue
Boskalis and its co-shareholder KS Investments Pte. Ltd. (Keppel) have completed the sale of their equity stakes in their harbor towage activities in Singapore and Malaysia (Keppel Smit Towage Pte Ltd and Maju Maritime Pte Ltd) to Rimorchiatori Mediterranei S.p.A. The intended sale was announced on 15 November 2021.… Continue
As per the amendments made to the Budget announced on June 10th, the recurring tax rate for Banks appears to be 43% instead of the 47% being determined earlier. In our Budget note on June 10th, we had estimated a 10-13% decline in recurring EPS estimates and a commensurate decline in target prices.… Continue
Expressing grave concern over the 2.2 million out-of-school children, with girls being the majority, experts have stressed on the implementation of the Free and Compulsory Education Act and girls’ right to secondary education in Punjab.
These thoughts were expressed in the consultation session on the Implementation of Free & Compulsory Primary Education Act and Girls’ Right to Secondary Education organized by Awaz CDS and National Commission for Human Rights.… Continue
Regarding the new tax on real estate and construction, Patron, in Chief Federation Realtors of Pakistan and Association, Nasir Javed, met with Finance Minister Miftah Ismail and discussed the problems of people involved in the real estate sector.
Informing the Finance Minister, Nasir Javed advised the Finance Minister to reduce the tax rate to one percent, reduce the rate and period of gain tax, and abolish the new rental tax.… Continue
Savyour, Pakistan’s first and largest cashback app, launched its #NotSoSmall initiative on the United Nation’s Micro, Small and Medium Enterprises (MSME) Day to extend additional support to the hundreds of small and medium businesses that are currently partnered with the platform.… Continue
National Bank of Pakistan (NBP), the largest public sector commercial bank, has taken measures to reduce power and energy consumption across its network in the country. The initiative will support Government of Pakistan’s drive towards energy and fuel conservation.
NBP staff (other than the branches & critical staff) have been advised to observe ‘Work From Home (WFH)’ and operate remotely on Wednesday and Friday (for Head Office staff) and Tuesday and Thursday (for Regional Office staff).… Continue
There are many things you can consider when purchasing a new smartphone: camera performance, display size, design, and many other aspects. However, the most weight in the decision should be given to the quality of the tech that you are purchasing.… Continue
Nestlé Pakistan, in collaboration with the Tourism Department of the Government of Khyber Pakhtunkhwa, conducted an extensive two-day training on waste management and sustainable tourism in Swat.
The training is part of TREK’s community engagement initiatives. The training focused on building capacity of the local hospitality industry to promote the sustainability goal of shaping a waste-free future.… Continue
TPL Trakker Limited has recently partnered with Sui Northern Gas Pipelines Limited (SNGPL) for fleet management solutions. SNGPL is the largest integrated gas company that serves over 7.22 million consumers in Pakistan through and extensive network in Punjab, Khyber-Pakhtunkhwa and Azad Jammu & Kashmir.… Continue
· Market remained under pressure today due to major sell-off in the banking stocks. Cement sector stayed in the red zone due to increase in Afghan coal price and export tax. Value buying was witnessed in the E&P sector. In the last trading hour, profit taking was witnessed across the board.… Continue
Infinix, Infinix, Pakistan’s highest selling smartphone brand has set up the 5 minutes charge challenge at Hafeez center so that everyone can witness the power of 120 W Hyper Charge. Participants will be able to witness the power of 120W hyper charge that comes with new Infinix NOTE 12 VIP.… Continue
State Bank of Pakistan (SBP) has launched a series of videos in national and regional languages about agriculture financing products and procedures to create awareness among the farming communities across the country, especially in the underserved areas. These videos will be disseminated through social media and digital platforms of SBP and all agriculture lending banks.… Continue
English Biscuit Manufacturers, a leading FMCG company, has recently won the international and prestigious RoSPA Silver Award for maintaining the highest standards of health and safety at its premises.
The RoSPA Silver Health and Safety Award was given to EBM in recognition of its efforts to keep its employees safe.… Continue
The Huawei ICT Competition 2021-2022 Global Final in Shenzhen drew to a close on June 25. This year marks the sixth Huawei ICT Competition, which included three competitions – Practice, Innovation and Industry – that attracted 150,000 students from more than 2000 universities in 85 countries and regions around the world.… Continue
The Paymob, the leading omni-channel financial services platform in the MENAP region, signed an agreement with National Institutional Facilitation Technologies (NIFT) to facilitate digital payments in Pakistan and to secure payment transfers. Under the agreement, Paymob will enable digital payments for their merchants using the NIFT ePay payment platform which supports account, wallet, and card-based payments.… Continue
A consultative session on Trust in News and Information was organized by AGAHI, here in Islamabad today. The session was attended by leading journalists, academics and experts related to information and communications technologies, to share their opinions on how the baseline study can be improved in its scope and approach.… Continue
A certificate award ceremony for Master Trainers in Entrepreneurial Skills trained at the Professional Development Center of National University of Science & Technology (NUST) Islamabad under the Clean Power Purchasing Development project. The project is being implemented by Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) as part of the DeveloPPP.de… Continue
The devastating June 22 earthquake in eastern Afghanistan intensified the ongoing humanitarian crisis the Afghan people have endured for too long. U.S.-funded partners on the ground responded rapidly with medical care, and President Biden directed an assessment of additional needs in the wake of the natural disaster.… Continue
During their visit to Karachi Press Club, a delegation led by Religious leader Asif Raza Qadri congratulated newly elected officials of the Association of Press Photographers (PAP), won in the annual Election 2022-23.
The newly elected PAP officials would play a key role in eradicating social evils through their best capabilities, urged Asif Raza Qadri and added the struggle of the photojournalist and journalist community for the development and prosperity of Pakistan was commendable:
Congratulating the governing bodies Rashid Ahmed, Masroor Abidi, Ashraf Memon, Rizwan Tabassum and Mohammad Matin Khan, he said that maintaining the annual tradition of elections under democratic continuity is a commendable process.… Continue