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  • Engro Energy, UN Women sign deal

    September 7, 2018 12:00 AM

    KARACHI: In a bid to advance women’s empowerment activities and initiatives in Thar, Engro Energy Limited (EEL) along with its subsidiaries Sindh Engro Coal Mining Company (SECMC); Engro Powergen Thar (Pvt) Limited (EPTL) and Thar Foundation (TF) – the CSR wing of the Companies – signed the Women’s Empowerment Principles (WEPs), with support of UN Women

  • PTCL launches 6Mbps internet package

    September 7, 2018 12:00 AM

    KARACHI: Pakistan Telecommunication Company Limited (PTCL) has launched 6Mbps unlimited internet package, which will provide seamless streaming and unlimited downloads, a stated said on Thursday. Syed Shahzad Shah, EVP Marketing and Communication, PTCL, said: “Keeping the customers’ increasing bandwidth requirements in mind, 6Mbps internet package has been launched

  • US to help nations replace Iran oil, may consider waivers

    September 7, 2018 12:00 AM

    NEW DELHI: Washington will consider waivers for Iranian oil buyers such as India but they must eventually halt imports as sanctions are imposed on Tehran, U.S. Secretary of State Mike Pompeo said on Thursday. Pompeo, who is in Delhi with U.S. Defense Secretary Jim Mattis for talks with their Indian counterparts, told reporters some buyers of Iranian

  • Al Baraka signs strategic alliance with Honda Atlas Cars

    September 6, 2018 12:00 AM

    KARACHI: Al Baraka Bank Pakistan Ltd. (ABPL) has recently signed a Strategic Alliance Agreement with Honda Atlas Cars Ltd. Through this venture, Al Baraka aims to enhance customer experience and provide priority delivery of Honda vehicles to Al Baraka Carsaaz (Auto Finance) customers. This alliance will not only provide affordable Islamic financing solutions

  • Emirates announces competitive fares

    September 6, 2018 12:00 AM

    KARACHI: Emirates has announced competitive fares across its global route network to inspire and encourage travellers explore new destinations and revisit their favourite cities, a statement said on Wednesday. Customers have to book by September 14, 2018, for travel between September 16, 2018 and March 15, 2019, it added. Passengers can enjoy competitive

  • Japanese experts help improve 50 auto part factories

    September 6, 2018 12:00 AM

    LAHORE: The Small and Medium Enterprises Development Authority (SMEDA) has improved production systems of 50 auto factories with the support of Japan International Cooperation Agency (JICA). SMEDA Chief Executive Officer Sher Ayub on Wednesday commented the second term of SMEDA-JICA joint project being run for technical support of the auto parts manufacturing

  • China emerges biggest lender with $289mln financing in July

    September 6, 2018 12:00 AM

    ISLAMABAD: China emerged as the biggest lender for Pakistan in July, extending financial assistance at $289 million out of the total $468 million in loans and grants received from various bilateral and multilateral creditors during the month, official data revealed on Wednesday. In July, financing from foreign commercial banks stood at $70 million, followed

  • Returns filing application launched

    September 5, 2018 12:00 AM

    ISLAMABAD: The Federal Board of Revenue (FBR) launched a web-based application to enable taxpayers to prepare income tax returns and wealth statements in offline mode and submit them online. The information technology wing of the FBR launched the Iris-ADX (asynchronous data exchange) to facilitate the taxpayers. The application will help taxpayers using

  • Emirates adds daily flight to Riyadh

    September 5, 2018 12:00 AM

    KARACHI: Emirates has started a fourth daily flight to Riyadh from September 1, 2018, a statement said on Tuesday. The addition of the fourth daily service will take the total number of weekly Emirates flights serving Riyadh to 28, it added. Adil Al Ghaith, senior vice president of Commercial Operations, Gulf, Middle East and Iran, said: “Emirates expanded

  • PFC team to attend Doha fair

    September 5, 2018 12:00 AM 2

    LAHORE: A six-member delegation of Pakistan Furniture Council (PFC) will participate in the international product exhibition and conference in Doha, Qatar from October 8 to tap the potential export of furniture products, besides seeking foreign investment in furniture sector to boost the local economy, a statement said on Tuesday. Presiding over a meeting