Emirates NBD Bank appoints members BOD
DUBAI: Emirates NBD Bank has appointed members of the bank’s Board of Directors for a term of three years till the conclusion of the General Assembly Meeting to be held…
Pakistan Stock Exchange honours tycoon Hussain Dawood
The Chairman of the Board of Dawood Hercules Corporation (DH) & Engro Corporation, Mr. Hussain Dawood and his team, visited the Pakistan Stock Exchange to open the trading session with…
PIA arranges flight simulator sessionfor children
KARACHI: As part of its CSR (Corporate Social Responsibility), PIA in collaboration with Make-A-Wish Pakistan arranged flight simulator session of flying Boeing 777 for children suffering from an acute disease…
Saudi Electricity Co. signs SAR 15.2 billion Murabah syndication loan
JEDDAH: Saudi Electricity Co. has announced to have signed a SAR 15.2 billion Murabah syndication loan for general corporate purpose including capital expenditure. The duration of the credit facility is…
DIRC’s residential tower at Al Barsha 1, on track for December 2019 completion
DUBAI: Dubai Investments PJSC has announced that the new residential tower at Al Barsha 1, developed by its subsidiary Dubai Investments Real Estate Company (DIRC), is 25 percent complete and…
Alkhaleej Training and Education Co. gets contract with Saudi Arabian Monetary Agency
JEDDAH: Alkhaleej Training and Education Co. has announced the awarding of contract with Saudi Arabian Monetary Agency. Under the SAR 34.08 million contract, Alkhaleej Training and Education Co. will operate,…
DSI announces appointments of CFO, CLO and CRO
DUBAI: Drake & Scull International (DSI) a regional leader in engineering and construction services, has announced the appointment of Mr. Khaled Jarrar as Group Chief Financial Officer, Mr. Mohamed Ghanem…
Nakilat forms new joint-venture with McDermott for fabrication projects
DOHA: Nakilat has signed an agreement with McDermott to form a joint-venture (JV) company providing offshore and onshore fabrication services in Qatar. The strategic partnership aims at increasing productivity levels…
CDWP approves four projects worth Rs806 million
KARACHI: Central Development Working Party (CDWP) Tuesday approved 04 projects of worth Rs 806.202 million and referred 02 projects of worth Rs 7404.567 million to ECNEC for further approval. The…
Afridi leading Pakistan delegation to 6th Ministerial Conference of the Budapest Process
KARACHI: Minister of State for Inerior Mr. Shehryar Afridi is leading Pakistan delegation to the 6thMinisterial Conference of the Budapest Process being held from 19-21 February in Istanbul. The aim…
Imran Khan’s goverment is the most pro-women, Law Minister says
ISLAMABAD: Federal Minister for Law and Justice Barrister Dr. Muhammad Farogh Naseem has said that the present government is the most pro-women government as far as proposed legislation is concerned.…
Dubai Financial Market releases real time info of listed companies’ foreign ownership limits
DUBAI: The Dubai Financial Market (DFM) today launched the enhanced Foreign Ownership Limits (FOL) webpage, providing market participants with real time FOL info every two minutes during the trading session…
DFM achieves 96pc compliance in preliminary annual results disclosure of UAE companies
DUBAI: Dubai Financial Market (DFM) has announced that its UAE listed companies have showed a 96 percent compliance to disclose their preliminary results for the financial year 2018 within the…
Dubai Financial Market moves towards implementation of self-regulatory organization plan
DUBAI: In regards to the Securities and Commodities Authority’s (SCA) self-Regulatory Organization plan, the Dubai Financial Market (DFM) has completed the first phase of transferring responsibilities of licensing brokerage firms…
DFM Company posts net profit of AED 125.5 million in 2018
DUBAI: Dubai Financial Market Company announced its results for the financial year ending December 31, 2018, posting a net profit of AED 125.5 million, compared to AED 232.9 million in…
China, Pakistan All-Weather Strategic Cooperative Partners: President
ISLAMABAD: President of Islamic Republic of Pakistan, Dr. Arif Alvi has said that Pakistan and China are All-Weather Strategic Cooperative Partners and friendship with China is cornerstone of Pakistan foreign…
All Karachi College Speech Competition Held at UIT
KARACHI: Usman Institute of Technology (UIT) affiliated with NED University of Engineering & Technology, Karachi, recently organized the ‘All Karachi Speech Competition’ at the UIT campus. The competition was held…
Hubco holds free Eye Camp in Uthal, Lasbella District
Karach: The Hub Power Company Limited has collaborated with Al Baseer Hospital to hold free Eye Camp for the residents of Uthal, Lasbella District. The camp set up at District…
Sindh government to support poultry farming
KARACHI: Sindh Enterprise Development Fund (SEDF) CEO Mehboobul Haq on Wednesday said Sindh has a vast potential of profitable investment in poultry breeder farming and hatchery sector. He said the…
Pak-China to prepare Gwadar for future investment
ISLAMABAD: The Chinese Ambassador to Pakistan Yao Jing called on Minister for Planning, Development & Reform Makhdum Khusro Bakhtyar here on Wednesday. Matters of mutual interest including progress on China…