In the UAE Year of Sustainability, and at the 3rd ICAO Conference on Aviation and Alternative Fuels (CAAF/3) held in Dubai, eight founding entities announced the launch of the “Air-CRAFT” initiative – a UAE based research consortium focused on developing, producing, and scaling sustainable aviation fuel (SAF) technologies.… Continue
Cricket is one of the strongest binding forces in our nation’s fabric. The increasing number of young women eager to showcase their cricketing talent has not gone unnoticed. Cadbury Dairy Milk Pakistan has embarked on a groundbreaking partnership with the Pakistan Cricket Board (PCB) and Khelo Kricket to support female cricketers in the country.… Continue
LOTCHEM conducted its analyst briefing today to discuss its 9MCY23 financial performance and future outlook. Here are the key highlights:
· To recall, the company reported earnings of PkR3.2/sh in 9MCY23 compared to PkR5.35/sh in the same period last year, marking a 40%YoY decline.… Continue
The Current Account Deficit for Oct’23 amounted to USD 74mn, marking a 91% YoY decrease. To recall, in Oct’22, the CAD had reached USD 849mn.
The primary factor contributing to this MoM decline was a 10% jump in overall exports and a 12% rise in remittances.… Continue
DP World has cut carbon emissions from UAE operations by nearly 50% this year by accessing renewably produced power from the Dubai Electricity and Water Authority (DEWA). DEWA has issued over 200,000 International Renewable Energy Certificates (I-RECs) to DP World this year.… Continue
QNET, a global lifestyle and wellness-focused direct-selling company, in collaboration with its esteemed Pakistani agency, Parwaz, proudly reaffirms its commitment to supporting crucial healthcare initiatives and community welfare in Pakistan through its contributions to the Indus Hospital and Health Network.
As a Platinum Sponsor, QNET’s support for the Indus Hospital underscores its belief in the transformative power of healthcare to uplift lives.… Continue
Eastnets, a global provider of compliance and payment solutions for the financial services sector, will host a conference on “Financial Crime in the Digital Age” on November 25 at the Pearl-Continental Hotel in Karachi. The conference will bring together experts, regulators, and industry practitioners to discuss the challenges and trends in combating financial crime in the rapidly evolving digital payments landscape, including the growing threat of fraud and money laundering.… Continue
In a pioneering move, Chikoo, a leading digital business platform, and Bank Alfalah, one of the top commercial banks in Pakistan, announced their strategic partnership at the largest technology conference, +92Disrupt, organised by Katalyst Labs. The industry-first partnership aims to empower Pakistan’s more than 5 million Micro, Small, and Medium Enterprises (MSMEs) with a comprehensive suite of digital solutions seamlessly integrated with cutting-edge payment technology from Bank Al Falah.… Continue
Despite a remarkable 27 percent year-on-year (YoY) growth in overall revenues in the local currency, Jazz’s revenue declined by 3.5 percent in USD terms during the third quarter of 2023. This downturn was primarily attributed to a 31 percent YoY devaluation of the Pakistani Rupee (PKR).… Continue
Aga Khan University proudly celebrates the remarkable recognition of Dr Zulfiqar A. Bhutta, Founding Director of the Institute for Global Health and Development (IGHD), and Dr Jai K. Das, Assistant Director of IGHD and Assistant Professor of Paediatrics and Child Health, in the prestigious Highly Cited Researchers 2023 list by Clarivate.… Continue
Amir Paracha, Chairman and CEO of Unilever Pakistan Limited, was invited as the guest speaker at SSGC’s Synergy-Talks Speakers’ Session held at SSGC’s Head Office auditorium. The session entitled ‘Hitting the Bulls’ Eye’ was organized by SSGC’s Corporate Communication Department (CCD) and was participated by many SSGC’s employees and executives, including its senior management. … Continue
Today in Quetta, U.S. Ambassador to Pakistan Donald A. Blome unveiled four important initiatives to bolster the capabilities of Pakistani law enforcement in their efforts to safeguard local communities. Anti-Terrorist Force Training Facility Expansion: A $4 million assistance package will facilitate the expansion of Balochistan Police’s Anti-Terrorist Force training facility, doubling its current capacity, and allowing simultaneous instruction for an additional 800 trainees.… Continue
With more young people coming online daily across Pakistan, empowering them to navigate the digital world safely is not just a choice. It is a collective responsibility. To mark National Children’s Day in Pakistan today, Zindagi Trust and Meta announced their collaboration with Pakistan Telecommunication Authority (PTA), FIA, and the NCRC to launch a digital campaign promoting youth safety in digital spaces, “Cultivating Digital Competence of Youth and Parents”.… Continue
TPL Maps, a prominent leader in mapping and location-based services, is excited to introduce its Reseller Program, a strategic initiative designed to create compelling business opportunities for partners seeking to resell TPL Maps’ innovative mapping solutions. Renowned for delivering state-of-the-art geospatial products and services, TPL Maps believes that collaboration with resellers will not only expand its market reach but also foster mutual growth
“TPL Maps is committed to delivering cutting-edge geospatial products and services, and the Reseller Program is a strategic initiative to collaborate with partners, expanding our reach and driving mutual growth.… Continue
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) ruling Businessmen panel is reportedly experiencing a significant internal divide even before the elections. The split into factions has dealt a major blow to the BMP. The Businessmen Panel has witnessed significant internal discord in recent months, particularly among Sindh leaders.… Continue
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Monday that the economy is the main target of the terrorists because enemies don’t want Pakistan to come out of problems.… Continue
Infinix today has introduced #CaptureYourOwnStory TikTok Challenge enabling fans to capture and showcase their stories to the world via 2k 50MP front vlog camera of Infinix ZERO 30 4G. Participants stand a chance to win an unforgettable 3-day round trip to Dubai and Infinix ZERO 30 4G, as they vlog their stories, share it on TikTok and challenge their friends to do so.… Continue
Gulftainer, a leading regional ports and terminals operator and a provider of supply chain and logistics solutions, announced that it has extended its concession agreements with the Sharjah Ports, Customs and Free Zones Authority for a further 35 years, which reinforces the shared mission to transforming UAE’s supply chain and logistics industry throughout the Northern Emirates’ key trade gateways at Sharjah Container Terminal and Khorfakkan Container Terminal.… Continue
Pakistan Petroleum Limited (Company) has made a gas & condensate discovery from exploration well Jhim East X-1, in Block 2467-16 (Shah Bandar), located in District Sujawal, Sindh Province. This is the second discovery in the Shah Bandar Block.
Block 2467-16 (Shah Bandar) Exploration Licence is operated by the Company with 63% working interest (WI) along with Joint Venture Partners Mari Petroleum Company Limited (MPCL) with 32% WI, Sindh Energy Holding Company Limited (SEHCL) and Government Holdings Private Limited (GHPL) with 2.5% WI each.… Continue
Roman Ermsohin, APAC Director at inDrive, alongside industry giants at +92 Disrupt, unlocking Pakistan’s future in AI-powered marketing evolution for innovative growth and embracing rapid tech evolution for tailored strategies and unmatched customer connections.
Roman N.Ermsohin shared his expertise on Pakistan’s transformative journey into modern marketing practices during a riveting panel discussion at the prestigious +92 Disrupt event organized by the Katalyst Lab founded by the industry guru Jehan Ara.… Continue
The 3rd Annual Biological Sciences Conference, themed ‘#TrailblazingOnwards,’ celebrated the Aga Khan University’s (AKU) 40th year of excellence in research and education. This conference provided biological science researchers within the country a platform to showcase basic science and mechanistic studies in various fields of human and animal biological sciences, as well as gathered experts from the scientific community to share ideas and build collaborations in the field.… Continue
Renowned Pakistani fashion designer Asim Jofa’s exemplary business resilience and crisis management recently earned him a unique distinction. His adaptive strategies, honed through years of experience, have become a vital case study at LUISS Guido Carli University, an esteemed university based in Rome, Italy.… Continue
FPCCI’s presidential candidate, Atif Ikram Sheikh, lauded the government for setting up the Industrial Advisory Council and assured the full cooperation of the business community. Headed by the Federal Minister of Industry and Production, Gohar Ejaz, the council comprises reputable personalities who will advise the government to boost industrial production in the country and tackle issues confronting industrialisation proactively, he said.… Continue
Former President of Islamabad Chamber of Commerce and Industry (ICCI), Dr Shahid Rasheed Butt, said on Sunday that the sugar mills mafia has prepared for a new sugar crisis in the country to reap illegitimate profits. Like last year, the mafia aims to rob people with low incomes of at least one hundred billion rupees amid skyrocketing inflation, he said.… Continue
Pakistan’s private Serene Airlines operated its inaugural flight today to Beijing, China. The flight originated from Karachi while stopping in Islamabad and then left for Daxing airport in Beijing. The maiden flight was received amidst a warm welcome ceremony.
Speaking at the inaugural ceremony, Caretaker Adviser to the Prime Minister on Aviation, Air Marshal (Retd) Farhat Hussain Khan HI (M), described the commencement of this flight operation as another milestone in advancing China-Pakistan relations through connectivity, travel and tourism.… Continue