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Archive for the ‘Press Releases’ Category

Ufone launches the most economical data package in UAE

Tuesday, March 3, 2020

Staying connected with your loved while being away from home is very important for any person living abroad. Ufone being a customer centric organization understands this reality more than anyone else and therefore brings exciting and economical packages to facilitate its users worldwide.

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This time Ufone has launched the cheapest data roaming bucket for customers in UAE through which they can easily avail 1 MB for just 1 rupee.

The 5GB roaming bucket is available for PKR 5000 and will be valid for 7 days. It is one of the most lucrative data roaming bucket in UAE for post-paid subscribers and allows one to have multiple audio and video calls over whatsapp. The offer shall help customers to reduce distances and stay connected with their family & friends without hassle.

The best part is that there will be no additional charges once the bucket is activated thus one cannot expect to have a data bill shock after a long call. Customers can call via whatsapp for as long as they like.

To avail this offer, users can dial *4499# or visit Ufone service centre/PTCL joint shop for activation of data roaming bucket.

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Pakistani Fintech Entrepreneur wins International award at FiNext Conference Dubai 2020

Wednesday, March 4, 2020

Adnan Ali, the CEO of Avanza Premier Payment Services (APPS) won the “Excellence in Finance Leaders”, award for his significant contribution towards the financial sector, at the FiNext Conference, held in Dubai on February 26 & 27, 2020. The award is not just an individual win, but a milestone for Pakistan, as it signifies recognition of domestic entities and talent on international forums.

Pakistani Fintech Entrepreneur wins International award

FiNext Awards are one of the most prestigious awards in the world of finance where leading companies such as CareemPay, PayPal, Paytm and Dwolla have either participated in the conference or won the same award previously in Las Vegas in 2018 and in Singapore and Orlando in 2019. Shortlisting of the award nominees was conducted by FiNext’s team in USA, the nominees included 25 Pakistanis and numerous global entrepreneurs.

Adnan Ali has 18 years of diversified experience and is considered to be a visionary in leveraging innovation and technology. He has many accolades to his name, such as launching Pakistan’s first Co-Branded loyalty card with Dolmen mall, envisaging the first real-time mutual funds redemption Visa debit card in Pakistan, working closely with Government of Pakistan, regulators and the World Bank to conceive G2P program for Benazir Income Support Program.

He is the visionary and architect for the creation of an indigenous payment gateway; Payfast, which is PCI-DSS certified and offers acceptance of multiple instruments i.e. Bank Account Numbers & Mobile Wallets, Visa, MasterCard and UnionPay Cards, synergized with UPI to procreate Mobile Payment’s revolution witnessed in China, implementing robust APIs for quick integrations, digital merchant on boarding and is steering APPS towards acquiring Central Bank License to become Payment System Operator/Provider.

Committed towards being a catalyst for change in the financial sector, Adnan Ali hopes to continue this journey of impact by providing a variety of disruptive digital payment services in the years ahead. This could also prove to be pivotal for the realization of Prime Minister Imran Khan’s ambitions for Digital Pakistan and could expand the scope for technological innovation in the country.

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Fatima Fertilizer partners with Multan Sultans to support them during PSL 2020

Thursday, March 5, 2020

Fatima Fertilizer signed a partnership agreement with Multan Sultans to officially support them during the much-anticipated Pakistan Super League (PSL) 2020, which commenced with all its glam and fervour on February 20, 2020. The agreement was signed between the owner of Multan Sultans team, Ali Tareen and Director Marketing and Sales at Fatima Group, Khurram Javed Maqbool during a special ceremony held at Pearl Continental Hotel Lahore. With the likes of cricket legends like Shahid Afridi on the squad, Multan Sultans is sure to make a comeback in PSL 2020 with its high performance.

FFL & Multan Sultans Signing ceremony-1

Fatima Fertilizer Limited (FFL), the leading fertilizer brand in Pakistan, has continuously played a major role in the promotion of traditional and popular sports in Pakistan at the national and international fronts over the years. The collaboration with Multan Sultans is yet another evidence of FFL’s undeterred resolve to go beyond any intersectional boundaries for the elevation of cricket in the country.

Speaking at the occasion Khurram Javed Maqbool, Director Marketing and Sales at Fatima Group said,” Fatima Fertilizer places great confidence in the Multan Sultans team as one of the best cricketing teams of the league and we feel immense pride in sharing this alliance with the world today. Both the entities complement each other’s objectives of promoting the nation’s favourite sport, as the passion for cricket is amongst the strongest threads that binds this nation together. We hope that this partnership goes a long way in entertaining the cricket fanatics”.

FFL & Multan Sultans signing ceremony 2

Ali Tareen, owner of the Multan Sultans team, also shared his views about the alliance by saying, “I am pleased to have Fatima Fertilizers as our main sponsor and thank them for putting their faith in us. Fatima Fertilizer and Multan Sultans recognize and value the passion and sentiments behind this game and aspire to create lasting moments of sheer happiness and joy for all the Pakistanis through this collaboration.”

Pakistan Super League, a Twenty20 franchise by Pakistan Cricket Board is in its fifth season which is held entirely in Pakistan for the first time. The 34 scheduled matches are being played at Lahore, Karachi, Rawalpindi and Multan. The high-spirited Multan Sultans have so far won four out of five matches played until now, each after an intense game.

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Emirates acclaims the women flying high in aviation

Friday, March 6, 2020

All-women flight deck crew operate a freighter trip covering 6 cities across 4 continents ahead of International Women’s Day

Women are making an increasing contribution to the aviation industry worldwide and are also directly supporting global exchanges in diverse areas facilitated by aviation such as international trade. On the occasion of International Women’s Day, Emirates is highlighting one aspect of how women in aviation are supporting economies and touching lives across the world.

The airline has released a video that follows an all-women flight deck crew operates multi-stop cargo flights across four continents on Emirates SkyCargo’s Boeing 777 freighter aircraft. Captain Ellen Roz from the United States and First Officer Heidi McDiarmid from Australia cover close to 30,000kms in 10 days on five freighter flights from Frankfurt to Mexico City onwards to Quito, Aguadilla, Amsterdam and finally to Dubai transporting over 300 tonnes of cargo ranging from fresh flowers and fruits to pharmaceuticals. The two pilots were also joined by Captain Heather Wolf from Canada for operating the flight from Frankfurt to Mexico City.

Captain Ellen Roz and First Officer Heidi McDiarmid operate multi-stop cargo flights Emirates all female flight deck crew operate multi stop freighter flights over 10 days across six cities in four continents

 

Women in Emirates

Women constitute more than 40% of the total workforce at Emirates with the majority working as cabin crew. Emirates’ female pilots come from over 30 nationalities, covering an age range from 23 to 62 years. Women from over 160 nationalities, including more than 1,100 Emiratis, are employed across the Emirates Group in operational roles in functions including flight operations, engineering, aircraft maintenance & appearance, catering, cargo and ramp operations; in customer facing roles in airport services, sales and customer affairs and corporate roles across business support functions.

“From the very start, Emirates’ success story has been powered to a large extent thanks to the hard work and talent of our female employees across all our business functions. On the occasion of International Women’s Day we celebrate their immense achievement not just at Emirates but within the global aviation industry. We are happy and proud that our multinational women employees act as trail blazers in connecting the world and also as role models encouraging women and girls everywhere to pursue careers in aviation,” said Abdulaziz Al Ali, Executive Vice President of Human Resources at Emirates Group.

Emirates is also celebrating with its customers on board. In recognition of International Women’s Day, Emirates’ award-winning inflight entertainment, ice, is featuring over 120 female directed films. Movies include Hollywood blockbusters such as Charlie’s Angels directed by Elizabeth Banks; Mamma Mia! by Phyllida Lloyd; and Oscar winning films such as The Hurt Locker by Kathryn Bigelow and Lost in Translation by Sofia Coppola. The catalogue also features foreign language films like Shonali Bose’s The Sky is Pink and Haifaa Al-Mansour’s Wadjda.

Freighter Operations

Unlike operations for flying passengers, Emirates’ freighter flights are dedicated to transporting cargo and do not always originate and end in Dubai. Instead, the flights cover multiple origins and destinations over rotations that last several days. This allows for additional flexibility in cargo operations along with the ability to rapidly and efficiently cargo from where it is produced to markets where it is required by customers.

Additionally Emirates’ freighter aircraft also operate to destinations that are not covered by passenger flights. Ecuador, for example, is one of the largest flower producing markets in the world and is a cargo-only destination on Emirates’ global network. Emirates’ freighter aircraft transport fresh cut flowers from Quito to Amsterdam via Aguadilla, Puerto Rico. This ensures that the flowers are transported more rapidly from Ecuador to the Netherlands than if the flight had to travel to Dubai and then proceed onwards from Dubai to Amsterdam.

Over 75 tonnes of fresh flowers were transported on the freighter flights operated by Captain Roz and First Officer McDiarmid from Quito to Aguadilla and from Aguadilla to Amsterdam. Emirates’ freighter flights from Quito create a direct channel for exports for the Ecuadorian floriculture industry to Amsterdam, the world’s largest flower distribution hub. This supports the local economy in Ecuador and the livelihoods of over 100,000 people in the country who work to cultivate and harvest flowers.

Freighter flights also allow for rapid transportation of goods such as lifesaving medication from the location where they are manufactured to patients who may urgently need them for treatment. Close to 10 tonnes of valuable pharmaceuticals were transported on the freighter flight from Frankfurt to Mexico City operated by the all-women flight deck crew.

Emirates SkyCargo operates scheduled freighter flights to over 40 global destinations every week. In addition, Emirates’ Boeing 777 freighter aircraft also execute a number of on-demand charter operations for clients to deliver a range of commodities from outsized machinery to relief materials. In 2019, Emirates SkyCargo operated over 300 charter operations globally.

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Jubilee Life and HabibMetro Bank collaborate for Bancatakaful products

Tuesday, March 10, 2020

Habib Metropolitan Bank Limited and Jubilee Life Insurance Company Limited have recently entered into a distribution alliance for Jubilee Life’s Window Takaful products to bring ease of access to innovative products as part of delivering an unparalleled level of customer service. Mr. Javed Ahmed, MD & CEO, Jubilee Life Insurance, Mr. Mohsin Ali Nathani, President and CEO, HabibMetro Bank along with other senior representatives of the company attended the signing ceremony.

JLI-HMB

This strategic alliance among the leaders of the financial arena is expected to play a vital role in developing a very strong mutually beneficial business relationship between HabibMetro Bank and Jubilee Life Insurance. As a result, the end benefit will trickle down to the consumers who have placed their trust and faith in these organisations.

Speaking at the occasion, Mr. Javed Ahmed, MD & CEO, Jubilee Life Insurance said, ‘Bancatakaful is the commencement of a new chapter in the Shariah compliant market and a means of strategically penetrating through the industry which has witnessed prodigious growth in Pakistan; penetration is the foremost benefit that the insurance carriers gain out of a Bancassurance alliance. We appreciate the success of our current Bancassurance relationship with HabibMetro Bank and this Bancatakaful partnership will reinforce the alliance and provide us with an additional opportunity to expand our product portfolio. Through this partnership, we intend to offer banking clients our custom designed Bancatakaful solutions without compromising on their religious values.”

Taking the opportunity, President and CEO of HabibMetro Bank Mr. Mohsin Nathani emphasised the importance of Takaful (shariah compliant alternate to insurance) in the growth of the Islamic finance industry. He said, “Joining hands with one of the leading life insurance companies in Pakistan is another step towards the expansion of our product portfolio, which also aims to cater the broader financial needs of the HMB customers. With the continued support of our business partners, we hope to add maximum value to our customers’ wealth management solutions and extend our Shariah-compliant product base for our Islamic segment.”

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Emirates introduces generous waiver policy enabling customers to book with peace of mind

Monday, March 9, 2020

Airline brings more choice and flexibility to change and reissue bookings with no penalties

Emirates is providing customers more flexibility, choice and value through its newly introduced waiver policy for all booked tickets issued on or from today, 7 March until 31 March 2020, allowing customers across its network the choice of changing their travel dates without change and reissuance fees.

The move provides Emirates’ customers with peace of mind should they decide to change their travel plans due to the evolving COVID-19 situation. Customers can change their booking to any date for travel within an 11 month date range in the same booking class without change penalties. Difference in fare, if applicable applies. The policy covers all existing destinations across the Emirates network.

Emirates introduces generous waiver policy

Adnan Kazim, Chief Commercial Officer, Emirates Airline, said: “We want our customers to feel fully supported, comfortable and confident when making travel plans, while offering them the best fares, without incurring change fees should they decide to delay or adjust dates. The situation remains dynamic and we will continue to look at ways to provide flexibility, convenience and peace of mind for our customers.”

Emirates Skywards will also be providing more flexibility to its members who have been impacted by the outbreak of the coronavirus through imposed travel restrictions and flight reductions. Skywards Platinum, Gold and Silver members can maintain their current status by fulfilling 80% of their tier travel requirements between 31 March and 30 June 2020. In addition, Skywards members booked to travel between 1 March and 30 June 2020 will be able to benefit from an additional 20% bonus Tier Miles.

For additional peace of mind, Emirates is also taking its aircraft cleaning process to the next level through additional precautionary measures of implementing enhanced disinfecting procedures after flights from destinations most affected by COVID-19. If the airline is alerted to any suspect or confirmed cases of infectious diseases, teams will be immediately deployed for a deeper cleaning to thoroughly disinfect all cabins of that aircraft with stronger, approved chemicals. Across all its aircraft, Emirates utilises HEPA filters, which are proven to remove more than 99% of viruses in the cabin environment. If there is a suspected case onboard, Emirates will go a step further to replace all the HEPA filters on the aircraft.

Customers are advised that fare differences or applicable taxes may apply if they wish to change their bookings to a different fare class. Current refund and rebooking conditions for tickets issued before 5 March still apply. Customers impacted due to cancellations of flights impacted by the COVID-19 virus are advised to check emirates.com for rebooking or rerouting options.

Customers who wish to change their travel arrangements after making bookings between 7 March and 31 March can visit their travel agent or contact the Emirates call centre at +971 600 555555.

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Bank Alfalah hosts event for Governor SBP and international investors in Dubai

Wednesday, March 11, 2020

Dr Reza Baqir, Governor State Bank of Pakistan (SBP), emphasized that real economic activity is expected to revive soon on the back of recent economic reforms initiated by SBP and the Government. These comments were made at a session hosted in the UAE by Bank Alfalah, with attendees representing leading financial institutions based in the region.

Bank Alfalah hosts event for Governor SBP and-Photo

Dr Baqir further stated that adopting a market based exchange rate and monetary policy aimed at bringing down inflation were the key steps towards stabilization in the economy and ensuring economic progress in its next stage. This was corroborated by the recent growth in portfolio investments which reflected the investors’ confidence.

The interactive session focused on understanding the economic outlook for Pakistan and the financial sector as a whole.

Speaking at the occasion, Mr. Ali Sultan, Group Head of Treasury and Capital Markets at Bank Alfalah, said that leading institutional investors in UAE found the interaction with Governor SBP very productive, as the Governor provided a fresh perspective on reforms and economic policies of the government.  Adding further, he said that we are pleased with the direction and vision established by the State Bank and look forward to closer collaboration between Bank Alfalah and all stakeholders to promote economic development across our operational territory.

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Emirates SkyCargo helps uplift Pakistan’s trade and commerce

Wednesday, March 11, 2020

Cargo division of Emirates assists exporters reach new markets for local produce and supports business growth

Emirates SkyCargo, the freight division of Emirates, crossed an important milestone and set a new record by transporting more than 81,000 tonnes of exports and imports to Pakistan in 2019. Operating in Pakistan since 1985, Emirates SkyCargo has been a facilitator of the country’s trade, connecting businesses and markets to 155+ destinations across 80+ countries in six continents.

“Emirates is a facilitator of trade and tourism in the countries and cities we serve across our route network,” said Mohammad Sarhan, Emirates’ Vice President Pakistan. “Emirates SkyCargo helps Pakistan’s local growers, traders, businesses and industries reach customers who are eager for the country’s products and services across six continents. Our wide-body fleet, network, tailored products and services, and focus on safety ensure that traders and businesses enjoy efficiencies and speed to market. Pakistan is a very important market to our cargo business.”

Despite challenges with slowdown in the global air cargo industry, Emirates SkyCargo enjoyed a record-breaking year in Pakistan.

  • Using its extensive network and modern fleet to support local farmers, traders and industry, the cargo division exported over 65,700 tonnes of cargo from Pakistan worldwide, and helped import more than 15,500 tonnes.
  • Emirates SkyCargo surpassed all previous records of mango exports from Pakistan, having facilitated export of over 8,710 tonnes in 2019.
  • Over 1 million mangoes of different varieties were transported by Emirates SkyCargo with the three biggest markets being the United Kingdom, Europe and the Middle East.
  • The cargo division transported over 18,000 tonnes of meat, more than 3,000 tonnes of seafood, and over 3,000 tonnes of fruits and vegetables to markets worldwide, including key cities in the GCC like Dubai, Oman and Kuwait.
  • When it comes to non-perishable exports, Emirates SkyCargo transported more than 19,000 tonnes of garments/textile, over 6,000 tonnes of courier packages, and more than 1,000 tonnes each of leather goods, surgical instruments and sports goods during the year.

Emirates SkyCargo offers close to 1,500 tonnes of cargo capacity every week from five cities in Pakistan, including Karachi, Lahore, Islamabad, Peshawar and Sialkot. With its combination of a modern, all wide-body fleet of over 270 aircraft, including 11 freighters, global network and multiple flight frequencies to major destinations across the world, Emirates SkyCargo ensures some of the fastest travel times for cargo transported to and from Pakistan.

Emirates SkyCargo’s specialised products for industry verticals, including pharmaceuticals and perishables, ensure the highest levels of safety, reliability and expertise. A specialised solution called Emirates Fresh ensures fresh fruits, vegetables and other produce retain their freshness during the journey from origin to destination. The product is supported with innovative equipment such as Cool Dollies to make sure that cargo is not exposed to temperature changes during loading or unloading from the aircraft, or while being transported to and from the terminal. Emirates SkyCargo White Covers on perishable shipments provide a robust first-level protection against thermal fluctuations.

The cargo division has received several accolades during the past few years – including the prestigious ‘Best Airline – Flown as Booked’ award from the Air Cargo Agents Association of Pakistan (ACAAP) in recognition of their services to Pakistani exporters. It has also won several other major global awards in 2019, consolidating its leadership in the global air cargo industry.

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Kashf Entrepreneurship Awards 2020 honours exceptional female entrepreneurs and artisans

Thursday, March 12, 2020

Kashf Foundation, with support from United Nations Development Programme (UNDP), hosted the Kashf Entrepreneurship Awards 2020, on Thursday March 12, 2020 during a special ceremony held in Lahore. The event was graced by the presence of Chief Guest Justice Nasira Javid Iqbal, a well-known Pakistani jurist and a law professor who also served at the position of Justice at the Lahore High Court from 1994 to 2002. Surely, her achievements inspire many young Pakistani women to aim higher and conquer their goals. Likewise, Kashf Entrepreneurship awards is also an attempt to recognize and honour the efforts and perseverance of exceptional Kashf female entrepreneurs and field staff from all across Pakistan, who serve as an inspiration for others and have contributed to a positive social and economic change while blazing a trail for the new generation of aspiring women entrepreneurs.

“Women entrepreneurship is a simple concept to explain, but challenging to embody and enrich. Pakistani women are equally skilled and talented as men. This Women’s Day we want to acknowledge the efforts of all our brave women from across Pakistan who have been breaking stereotypes and growing phenomenally as outstanding women entrepreneurs. This event serves to recognize all our heroic female entrepreneurs and artisans and the legacy of success and inspiration they are carving out for others to follow”, commented Roshaneh Zafar, Managing Director at Kashf Foundation.

Ten inspiring women entrepreneurs and business development officers were recognised for their self-belief, resilience and passion. The awards ranged from honouring women based on their innovative achievements, inspiration, and community service to balancing domestic duties alongside their businesses. These women were selected without any discrimination on the basis of caste or religion and solely applauded for their path breaking initiatives, mostly in male dominant communities.

Kashf Foundation (Eng)

Distinguished guests from all walks of life attended the event. These included partners such as The Coca-Cola Export Corporation (TCCEC), Sindh Education Fund, Population Welfare Department, United Nations Women as well as dignitaries, government officials and high-profile celebrities – to celebrate and laud the success of Kashf entrepreneurs and artisans. The awards were distributed by Roshaneh Zafar, Managing Director at Kashf Foundation in the presence of Chief Guest Justice Nasira Javid Iqbal and top officials from UNDP.

“In 2018 UNDP pledged to empower 8000 youth by improving their capacity to start their own businesses. By 2019, more than 8000 were trained of which more than 4000 started/expanded their business. Our partnership with Kashf is the best practical example of gender equity by creating women entrepreneurs who support their families through improved livelihoods. Today, we salute these women around us who have been strong and resilient in every way of life” said Laura Sheridan, UNDP’s Programme Specialist (Youth Empowerment Program).

Kashf Foundation, with support from all its partners, aims to galvanise a community of influential women entrepreneurs, from the grassroots, to harness their potential with Kashf’s financial and non-financial assistance, so they can be the change for themselves and for many others around them.

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Jubilee Life and HabibMetro Bank collaborate for Bancatakaful products

Friday, March 13, 2020

Habib Metropolitan Bank Limited and Jubilee Life Insurance Company Limited have recently entered into a distribution alliance for Jubilee Life’s Window Takaful products to bring ease of access to innovative products as part of delivering an unparalleled level of customer service. Mr. Javed Ahmed, MD & CEO, Jubilee Life Insurance, Mr. Mohsin Ali Nathani, President and CEO, HabibMetro Bank along with other senior representatives of the company attended the signing ceremony.

E. Jubilee Life and HabibMetro Bank collaborate for Bancatakaful products

This strategic alliance among the leaders of the financial arena is expected to play a vital role in developing a very strong mutually beneficial business relationship between HabibMetro Bank and Jubilee Life Insurance. As a result, the end benefit will trickle down to the consumers who have placed their trust and faith in these organisations.

Speaking at the occasion, Mr. Javed Ahmed, MD & CEO, Jubilee Life Insurance said, ‘Bancatakaful is the commencement of a new chapter in the Shariah compliant market and a means of strategically penetrating through the industry which has witnessed prodigious growth in Pakistan; penetration is the foremost benefit that the insurance carriers gain out of a Bancassurance alliance. We appreciate the success of our current Bancassurance relationship with HabibMetro Bank and this Bancatakaful partnership will reinforce the alliance and provide us with an additional opportunity to expand our product portfolio. Through this partnership, we intend to offer banking clients our custom designed Bancatakaful solutions without compromising on their religious values.”

Taking the opportunity, President and CEO of HabibMetro Bank Mr. Mohsin Nathani emphasised the importance of Takaful (shariah compliant alternate to insurance) in the growth of the Islamic finance industry. He said, “Joining hands with one of the leading life insurance companies in Pakistan is another step towards the expansion of our product portfolio, which also aims to cater the broader financial needs of the HMB customers. With the continued support of our business partners, we hope to add maximum value to our customers’ wealth management solutions and extend our Shariah-compliant product base for our Islamic segment.”

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