Asiatic Public Relations Network (Pvt.) Ltd. Karachi – Lahore – Islamabad

Archive for the ‘Press Releases’ Category


Tuesday, April 1, 2014

Newest Addition to LG’s 21:9 UltraWide Lineup Delivers Exceptional Picture Quality and Superb Multitasking

KARACHI, April 01, 2014 LG Electronics (LG) announced that its newest IPS 21:9 UltraWide QHD monitor (Model 34UM95) will be available in the UAE starting this April. The expansive 34-inch monitor takes advan-tage of the newest trend 21:9 displays as well as stunning UltraWide QHD resolution (3440 x 1440) and su-perior color management features. A host of connectivity options such as Thunderbolt™ 2 allow profession-als and tech-savvy consumers to tailor the monitor to their specific needs. Multimedia editors and profes-sionals in the graphic arts will appreciate the detailed resolution and enhanced overall color management.


“Our 34-inch UltraWide monitor is a remarkably versatile device with exceptional picture quality to help us-ers work smarter and more efficiently,” said Hyoung-sei Park, head of the IT Business Division at LG Electronics. “It’s a perfect solution for people working on multimedia projects and computer-aided graphics. Through products like this, LG will continue to expand its offerings to professionals in the creative arts.”

The 34UM95 sets a new benchmark in connectivity with its support for Thunderbolt™ 2, which allows for transfer speeds of up to 20Gbps, the fastest currently available in a monitor. Thunderbolt™ 2 enables users to watch and edit raw 4K video while simultaneously transferring data to other devices through a single port. Up to six devices can be daisy-chained together to create an incredibly efficient work station. Thunderbolt™ 2 also allows users to connect their LG 34UM95 to Apple’s new Mac Pro to take advantage of the fastest ca-ble-based connectivity speed currently available.

Able to render images in amazing clarity and color, the LG 34UM95 has the ability to express over 99 percent of the sRGB color space and offers superior 10-bit color depth. Hardware calibration is also possible with this advanced monitor thanks to LG’s own True Color Finder software and a built-in scaler. What’s more, LG designed the monitor to exceed the requirements of graphics and entertainment professionals in the accuracy of the colors displayed.

The 34UM95 incorporates LG’s 4-Screen Split and Dual Link-up functions to let users manipulate and confi-gure the available display space to suit their needs. The monitor supports HDMI and DisplayPort allowing content to be mirrored and transmitted from a range of devices. All this is surrounded by a stylish exterior that employs LG’s immersive CINEMA SCREEN Design and Crystal Float concept. In addition to the impossibly narrow bezels and transparent stand, the monitor is equipped with built-in stereo speakers to bring games and movies to life.

Users can also benefit from innovative consumer-friendly features that make for a more comfortable user experience. Reader Mode helps prevent eye-strain and lowers energy consumption by making the displayed images appear as though they were printed on paper. The 34UM95 also employs LG’s Flicker-Safe feature which has been certified by TÜV Rhineland as effective in virtually eliminating screen flicker. And the Joystick on-screen-display control is a user-friendly menu system with the conveniently placed navigation control designed for maximum convenience.

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Emirates is first airline to launch giant A380 double-decker service from Gatwick

Tuesday, April 1, 2014

Video: see what the Gatwick community thinks of Emirates’ A380 service

Karachi/DUBAI –April 01, 2014: Emirates, a global connector of people and places, launches its A380 service to Gatwick today representing a 15 percent capacity boost for the UK’s South East.
Emirates was the first carrier to operate an all-A380 service out of Heathrow and is now the first to lead the service out of Gatwick – the same airport from which Emirates flew its inaugural UK flight 26 years ago.


Speaking about the launch, Hubert Frach, Emirates Divisional Senior Vice President Commercial Operations West said: “Six years after launch the Emirates A380 is still a customer magnet. Airports the world over are eager to have the Emirates A380 on their roster and today’s launch to London Gatwick is representative of that demand.”

In order to become A380 compliant, London Gatwick has invested £6.4m in new facilities, including the widening of three runway rapid exit taxiways and modifications to taxiways between the runway and the stand.

Guy Stephenson, Chief Commercial Officer of London Gatwick, said: “The A380 is one of the modern marvels of aviation engineering and as such we have dedicated part of Gatwick’s £1billion investment in transforming its infrastructure, creating a stand designed specifically with the world’s largest aircraft in mind. We are pleased to welcome a scheduled A380 service with Emirates, an airline that Gatwick has a long history with.”

“Emirates and Gatwick have once again been working closely together in the shared goal of providing the best possible passenger experience,” added Mr Frach. “It is fitting that Gatwick’s renewed spirit of ambition, as symbolised in their modernisation programme of recent years, will now be joined by Emirates’ own symbol of ambition and connectivity, the world’s largest passenger jet. Now, more people in the South East of England will be able to connect to more destinations and that is great news for holidaymakers and business travellers alike.”

Emirates is a strategic investor in the UK employing over 700 staff, and contributing £260m into the economies of the six hubs that it operates to. The launch of this A380 has not only allowed Gatwick to invest, but also supports suppliers such as Alpha LSG, who are now tasked with producing over 1,000 additional meals each week.

The airline’s commitment to the A380 will also guarantee jobs at companies like AIM Aviation, a British company based in the South East that supplies furniture for the A380 upper deck, including the iconic on-board lounge for First Class and Business Class passengers. Airbus itself employs around 10,000 people in the UK, and Emirates’ announcement last year of a further 50 new A380s guarantees those jobs for many years to come.

The daily A380 service will replace the existing afternoon Boeing 777-300ER flight EK 009, providing customers with an additional 9700 seats per month in both directions.
Emirates passengers flying the A380 will have access to a spacious aircraft, with a cabin that is two-and-a-half feet wider than a Boeing 777; experience a peaceful journey in the world’s quietest long-range jet; use the on-board Wi-Fi; indulge in world-class food and be entertained by the award-winning ice system with over 1,600 channels of entertainment.

First Class and Business Class passengers will have access to the A380’s on-board Lounge, with space to mingle whilst enjoying world-class delicacies. First Class passengers can experience the aircraft’s on-board signature Shower Spa, with a state-of-the-art shower system and Timeless Shower Spa kits, as well as the aircraft’s First Class Private Suites.

Emirates has the world’s largest A380 fleet with 47 of these aircraft serving 27 global destinations.

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Peek Freans RIO brings Rio 2 to Pakistan

Tuesday, April 8, 2014

Karachi, April 08, 2014: Peek Freans RIO, the market leader in the cream biscuit category of Pakistan, fully in line with its tagline Fun Ka Daily Dose, is bringing Hollywood’s mega-hit film Rio 2 to Pakistan. The film is set to premiere on April 11. Rio 2 is the sequel to Rio The Movie released in 2011,which was also brought to Pakistan by Peek Freans RIO.

Rio 2 is a 3D computer-animated musical adventure-comedy that is expected to draw huge crowds. The title of the film refers to the Brazilian city of Rio de Janeiro, where the first film was set and where Rio 2 also begins. Peek Freans popular brand RIO was launched more than 15 years ago, and the name was inspired from the name of the city Rio de Janeiro; a city admired for its beauty which has been reflected in the shape and design of Peek Freans Rio biscuit shell.

Zulfiqar Ali Ansari, Marketing Manager at English Biscuit Manfacturers Pvt. Ltd. (EBM), the makers of Peek Freans RIO expressed excitement at the brand’s association with the hit film Rio 2. “It’s remarkable how our brand and the film are so much in sync, with both promising consumers, especially children a dose of fun which is so essential to happy and healthy living,” he stated and continued, “I think it’s very important that children have fun along with studies. The ‘Fun Ka Daily Dose’ variety of Peak Freans RIO flavours promise just that. When you watch Rio 2, you’ll notice similar themes. The main character Blu encourages his kids to have fun through exploring the world around them. We hope that this will be a fun collaboration and our main target audience – children – will enjoy it to the fullest.”

Rio 2 is produced by Blue Sky Studios and directed by Carlos Saldanha. While the film starts off in Rio de Janeiro, most of the plot then shifts to the Amazon rainforest. The film with Peek Freans RIO sponsorship will be released across 6 cities nationwide on April 11, the same day it is set to be released in the USA.

English Biscuit Manufacturers (Private) Limited, the maker of Peek Freans biscuits, was established in 1967 as the first manufacturer of wholesome, hygienic packaged biscuits in Pakistan. For over 45 years, EBM has been a symbol of trust and confidence for consumers, making it the leading biscuit manufacturer of Pakistan. EBM is the first biscuit company in Pakistan to have achieved ISO 14001, ISO 9001 and HACCP certifications. The Peek Freans brand also enjoys the internationally acclaimed Superbrands status.

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Emirates Brings the World’s Largest Passenger Aircraft to Dallas/Fort Worth

Thursday, April 10, 2014

Living the spirit of ‘Everything is Bigger in Texas’, the Emirates A380 debut from October will also offer travellers best-in-class onboard experience

Karachi / Dubai, April 10 2014 – Emirates, a global connector of people and places, today announced it will bring its iconic Airbus A380 to Dallas/Fort Worth International Airport (DFW), launching the first scheduled A380 service at the airport.

On October 1st 2014, the world’s largest passenger aircraft will touch down at DFW with a daily service between Dallas/Fort Worth, the world’s fourth busiest airport, and the city of Dubai in the United Arab Emirates. Dallas/Fort Worth will become the 28th international destination to which Emirates operates the aircraft, joining New York and Los Angeles which are already served by the A380.

“Emirates is committed to the people and places we serve, and we are bringing our flagship A380 to Dallas/Fort Worth by popular demand,” said Hubert Frach, Emirates’ Divisional Senior Vice President, Commercial Operations West. “The DFW area is at the heart of business, being home to 18 Fortune 500 companies. It is also home to a diverse population and the largest urban arts district in the U.S, and is the established number one leisure destination in Texas. With the A380, we are not only bringing our flagship product to serve our leisure and business customers, but also demonstrating our commitment and confidence in the economic and tourism potential of the region.”

Emirates started flying to Dallas/Fort Worth in 2012 with a Boeing 777-200LR, the first passenger carrier to fly nonstop to the Middle East from DFW. The introduction of the 489-seat A380, powered by U.S.-made GE GP7200 engines, is a direct response to demand with over 370,000 Emirates’ passengers travelling between Dallas and Dubai to date.

“The arrival of the A380 is a testament to the strength of the travel market here at Dallas/Fort Worth and the growing stature of DFW International Airport as a pre-eminent global hub,” said Sean Donohue, CEO of DFW Airport. “As the first scheduled A380 at DFW, it will provide over 83% more capacity on the DFW to Dubai route, which is especially important for travellers heading to the Middle East, India and Africa. As a mid-continent hub, DFW has outstanding connectivity and is just four hours from every major city in the continental U.S., Canada and Mexico.

“In 2012, not only did Emirates launch service to DFW, but Dallas started living by the mantra Big things happen here,” said Dallas Mayor Mike Rawlings. “The arrival of the Emirates’ Airbus A380 is truly a ‘big thing’ for the Dallas-Fort Worth area and reinforces the growth in our region as well as the value that a carrier like Emirates brings to trade and tourism.”

“The A380 is big, and so is DFW Airport. It’s fitting for Emirates to bring its Airbus A380 to North Texas as we celebrate the 40th anniversary of DFW Airport and recognize its $31.6 billion economic impact in our region,” said Fort Worth Mayor Betsy Price. “The new A380 service will allow us to create even more business connections from DFW to Dubai and beyond.”

DFW Airport is making its final preparations for the arrival of the Emirates A380 with the construction of a second level jet bridge in Terminal D and modifications to the airfield, ramps and taxiways. Terminal D opened in 2005 with A380 capabilities already built into its design, so the final additions to make DFW ready for the A380 are relatively minor.

The Emirates A380 is immensely popular with travellers all around the world. In the month of February, more than 800,000 people experienced a new way of flying when they boarded an Emirates A380.

Emirates passengers in all cabin classes can enjoy WiFi access on board, tune in to the industry-leading ice Digital Widescreen offering up to 1,600 channels of on-demand in-flight entertainment, and dine on gourmet-chef prepared meals, served by an international and multi-lingual cabin crew.

The Emirates First and Business Class experience takes pampering to another level, featuring two onboard Shower Spas available to First Class cabin passengers to freshen up at 40,000 feet; and the popular A380 Onboard Lounge which provides a relaxed social environment for First and Business Class travellers to exchange travel tales and talk business while sipping fine wines and cocktails and nibbling on hors d’oeuvres and delicacies prepared by five-star chefs. Bar staff begin serving drinks as soon as the aircraft reaches cruising altitude and are on hand all the way until descent.

In addition to award-winning products and services onboard the A380, Emirates’ hospitality begins before boarding the aircraft. First and Business Class travellers can also enjoy a complimentary chauffeur-drive service to and from the airport and access to 35 dedicated Emirates’ lounges at airports across its network.

Emirates’ A380 is a wide-bodied double decker aircraft with a capacity of 489 passengers including 14 First Class Private Suites, 76 lie-flat beds in Business Class and 399 spacious seats in Economy Class.
Powered by GP7200 engines which burn up to twenty percent less fuel per seat than its nearest competitor, Emirates’ A380s have lower carbon dioxide emissions and thirty percent better fuel efficiency than the ICAO global fleet average. This is the most significant advancement in reducing fuel consumption and emissions in four decades. Emirates also stands apart from the rest as the average age of the fleet is less than half that of many European airlines. Emirates is the largest operator of the A380 and continues to work closely with Airbus to further reduce weight of future A380s by using a range of lightweight materials that account for twenty five percent of its structure.

The Emirates A380 service will operate daily as EK222, departing Dallas/Fort Worth at 12:35hrs and arriving in Dubai at 12:20hrs the following day. EK 221 departs Dubai at 02:45hrs and arrives at Dallas/Fort Worth International Airport at 09:45hrs the same day.

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ABF holds its 4th Annual Dinner

Monday, April 14, 2014

Karachi, April 14, 2014: American Business Forum (ABF) held its 4th annual dinner at Pearl Continental, Lahore on April 12, 2014. The event was graced by H.E. Mamnoon Hussain, President, Islamic Republic of Pakistan as the Chief Guest of the evening. The event was attended by more than 400 people that included; key government officials, politicians, prominent businessmen, media personnel, local dignitaries and ABF Members.

E.ABF Dinner (1)

ABF is a high level platform for facilitating American Businesses in Pakistan to understand the business challenges in the country. The Forum consists of more than 40 US based companies, franchisees, consultants, vendors, auditors and associates. The ABF is a significant contributor to the socio-economic growth of Pakistan.

H.E. Mamnoon Hussain, President, Islamic Republic of Pakistan stated “Pakistan indeed is a land of opportunities, especially as it is the 6th largest market in the world, in terms of population. How you now venture forth to overcome the challenges and further grow your businesses, is what ABF needs to focus on. And as your businesses grow, do always keep in mind the great American tradition of business being for the benefit of the larger society. The equation is quite simple. The more business strengthens society, the more it can grow itself.”

Speaking at the event, Mr. Rizwan Ullah Khan, President, ABF, stated “Our vision is to be a leading advocacy forumin Pakistan focusing on socio-economic opportunities and developing bilateral linkages between people, businesses and governments. We as an organization appreciate the Government’s effort for taking some strict measures for improving the state of the economy, and for taking concrete actions to tackle the energy crisis to improve the business environment in Pakistan”.

ABF focuses in 5 key areas: Environment, Intellectual Property Rights (IPR), Poverty Elevation, Tax generation and more investment opportunities and Energy solutions. ABF liaises with different governments, businesses and different diplomatic corps.

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LG-Harman/Kardon Collaboration Introduces Extraordinary Sound To OLED And Ultra HD TVs

Monday, April 28, 2014

LG & Harman/Kardon Join Forces to Deliver a More Immersive Auditory Experience
Karachi, April 28, 2014 — LG Electronics (LG) announced a partnership with Harman/Kardon® to develop an advanced audio technology which will be employed in two of its OLED TV models and five of its ULTRA HD TVs. A perfect complement to the LG’s acclaimed picture quality, the ULTRA Surround system is expected to deliver a level of viewer immersion previously only found in cinemas.


Harman/Kardon®, one of the most respected names in the audio industry, worked together with LG engineers to develop a speaker system that could deliver even, distortion-free sound with deep bass and a wide band width. ULTRA Surround reproduces audio with amazing fidelity, placing viewers at the center of a wide and evenly dispersed soundstage.

Designed to deliver truly cinematic experiences, the ULTRA Surround system has superb dynamic range and balances sound with exceptional accuracy. It also boasts an extra wide play able band width and powerful output. The system is engineered to deliver high quality, detailed sound that literally surrounds the listener, creating a significantly more immersive experience than the average flat screen TV.

ULTRA Surround technology adds a three-dimensional quality to audio that is nothing short of spell binding. The advanced technology utilizes a state-of-the-art algorithm to produce convincingly real soundscapes. The speakers cleverly distribute sound in multiple directions, balancing foreground and background noises to match the on screen action while keeping dialog perfectly clear. In a scene featuring heavy rain, for example, viewers will feel as though drops are falling all around them, yet still be able to hearon-screen dialog clearly.

ULTRA Surround is a compelling addition to LG’s cutting-edge, large screen flagship TVs. The speakers offer multi directional sound distribution and top-notch features that go well beyond merely supporting the theater-like viewing experience — they enhance and sharpen it. The results are captivating, smile-inducing and incredibly exhilarating. The LG’s new ULTRA HD TV and OLED TV models with ULTRA Surround area new standard for consumers who want the ultimate TV experience.

“Nearly every epic entertainment experience combines a powerful auditory element with spectacular visuals,” said In-kyu Lee, senior vice president and head of the TV Division at LG Electronics’ Home Entertainment Company. “To help excite and move viewers, Harman/Kardon and LG developed an exceptionally powerful audio system together that is able to match our superior picture quality and fit within the sleek, slender frames of our premium TVs.

“We are delighted to have participated in this ground breaking project and to help revolutionize the sound quality of LG’s phenomenal next generation TVs,” said Michael Mauser, president of HARMAN’s Lifestyle Division. “Whether watching epic movies, fast-paced sports programming or any other video entertainment, today’s consumers deserve an immersive audio experience that matches the stunning visuals. Together, LG and Harman/Kardon will deliver that experience.”

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Samsung & Ufone Co-Launch Galaxy S5 and Gear Fit in Pakistan

Friday, April 11, 2014

The company’s 5th generation Galaxy S redefines how technology & innovation enhances our lives.


Lahore 11th April 2014 – Samsung Electronics Pakistan and Ufone announced the co-launch of Galaxy S5 & Gear Fit. Both companies are confident that this partnership will bear fruit and deliver exquisite end product and services to the customers – something they are both well known for in the industry.

Samsung Electronics Pakistan also announced an industry-first Accidental Coverage+ program on its Smartphones in Pakistan. This will cover screen breakage, liquid damage and numerous other types of damages to the device.

Mr. Taimur Faiz Cheema, General Manager Marketing, Ufone opined, “Ufone has the distinction of becoming the exclusive partner of Samsung for the co-launch of Galaxy S5 in Pakistan. At Ufone, we value technology and innovation and this initiative is a proof that Ufone always takes a lead in the introduction of innovative technology and next generation products for the benefit of its customers. We will be providing technology support through our extensive cellular network to ensure that consumers can enjoy top class technology with connectivity to match it.”

Speaking at the event Mr. FaridUllah Jan, Head of Mobile Phone Business at Samsung Electronics Pakistan said, “Galaxy S5 is the latest addition to our Galaxy series smartphones. With every new smartphone, Samsung is changing the way people interact with technology. Our products are always feature-rich and then there is a whole lot of effort that goes into humanizing that experience of interaction with technology. We are innovating to make this interaction more meaningful and this is what makes us one of the the most loved brands in the world.”

Capture the moments that matter: Capturing and saving precious memories is one of the most important smartphone features today. The new Galaxy S5 offers superior camera functionality, featuring a 16 megapixel camera with an enhanced menu and user interface that allow consumers to effortlessly take, edit and share photos.

The Galaxy S5 offers the world’s fastest autofocus speed up to 0.3 seconds and the advanced High Dynamic Range (HDR), reproduce natural light and color with striking intensity at any circumstances. Also new Selective Focus feature allows users to focus on a specific area of an object while simultaneously blurring out the background. With this capability, consumers no longer need a special lens kit to create a shallow depth of field (DOF) effect.

Tap into the fastest connections: The Galaxy S5 offers the most advanced Wi-Fi performance available today, ensuring blazing fast data speeds for unrivaled media consumption and productivity.

Be more fit and active: With the enhanced S Health 3.0, the new Galaxy S5 offers more tools to help people stay fit and well. It provides a comprehensive personal fitness tracker to help users monitor and manage their behavior, along with additional tools including a pedometer, diet and exercise records, and a new, built-in heart rate monitor. Galaxy S5 users can further customize their experience with an enriched third party app ecosystem and the ability to pair with next generation Gear products for real-time fitness coaching.

Express modern, glam look: The Galaxy S5 blends iconic Samsung design with modern trends to appeal to a range of consumer tastes and interests. The Galaxy S5 features a perforated pattern on the back cover creating a modern glam look. Its new sleek, contoured shape comes in an array of vivid colors, including charcoal Black, shimmery White, electric Blue and copper Gold, to complement the style of the individual consumer.

Essential device protection: The Galaxy S5 is IP67 dust and water resistant. It also offers a Finger Scanner, providing a secure, biometric screen locking feature and a seamless and safe mobile payment experience to consumers. The Ultra Power Saving Mode turns the display to black and white, and shuts down all unnecessary features to minimize the battery consumption.

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Ufone launches its Summer Internship Program (SIP) for 2014

Thursday, April 17, 2014

Islamabad, April 17, 2014: Ufone, the premier telecom operator in Pakistan, has initiated a campus drive, to select and train youth from different top notch institutions, for yet another edition of its ‘Summer Internship Program- 2014’, after successfully conducting it in the previous years.

The Campus drive will recruit students from institutions throughout the country such as GIK, NUST, NUCES, FAST, Bahria University, UET, NED University and LUMS starting from the 12th of April and concluding on the 24th of the same month. The selection process will be rigorous besides being highly competitive and project based internships will be offered to students after initial assessments and interviews.

Expressing her views about the initiative, Syeda Kiran Altaf, Head of Recruitment at Ufone said, “SIP 2014 will be more competitive than last year; we try to give these kids as real an experience as can be, but ultimately, it’s the interns that make it a great initiative.”

Students performing well during the internships will be given certificates, shields and giveaways besides other prizes, whereas, exceptional internees will be offered a job at the organization.

Giving back to the country is Ufone’s vision and mission, this drive reflects Ufone’s commitment to its vision. Through this drive, young and talented individuals will be nurtured to face the challenges of the corporate world; moreover, it is recognition of the immense pool of talented youth the country has to offer.

About Ufone: : Ufone the leader in innovation is an Etisalat Group Company with its presence in all the major cities of Pakistan along with a comprehensive coverage across all major towns, villages and tehsil headquarters of the country. The company employs more than 3,850 people and operates with a network of more than 380 franchises and 23 company-owned customer service centers along with a distribution network of 150,000 outlets nationwide

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Neonatal care set to receive a boost with EBM’s support

Monday, April 21, 2014

Karachi, 21st April, 2014: A major project to expand the Neonatal Intensive Care Unit at the Aga Khan University Hospital (AKUH) was launched today. The project, fully sponsored by English Biscuit Manufacturers Private Limited (EBM) – makers of Peek Freans biscuits and the largest biscuit manufacturers in the country – will be completed by the end of this year.

The expanded state-of-the-art NICU will increase the number of beds from 12 to 24 and its proximity to the labour and delivery rooms will allow premature newborns to be transported quickly to intensive care and the specialist neonatal team. It will also be home to two physical and two airborne isolation rooms, counseling rooms, a feeding room and a family area, all designed to better serve women and their babies. Faculty offices and a teaching room will also be housed in the new space.

Premature birth is the world’s leading cause of newborn death and disability. The neonatal mortality rate, (the number of babies dying in the first 28 days after birth) is an alarming 42 per 1,000 live births in Pakistan. According to the UN report Committing to Child Survival: A Promise Renewed, Pakistan is one of five countries that account for 50 percent of global deaths of children under five years of age.

Speaking at a ceremony to launch the project, Ms Saadia Naveed, Deputy Managing Director EBM, said “EBM is acutely conscious of its corporate social responsibility and our partnership with AKU for the expansion of their NICU reflects our commitment to the welfare of society, and especially to the healthcare of our people.”

The Neonatal Intensive Care Unit at the Aga Khan University Hospital was established in 1989 and treats an average of 600 infants every year. Many of these cases receive financial assistance as well. However, the 12-bed facility was usually filled to capacity, and the expansion was critically needed.

Mr Firoz Rasul, President AKU, also expressed his gratitude for EBM’s support: “EBM is well-known in the corporate sector in Pakistan for its very supportive CSR programmes. Funding the NICU at AKU is one such example; the lives of many premature babies will be saved as a result of this initiative.” Chartered in 1983, the Aga Khan University is a private, autonomous university that promotes human welfare through research, teaching and community service initiatives. It is one of nine agencies in the Aga Khan Development Network, a group of private development agencies with diverse mandates including health and education.

English Biscuit Manufacturers (Private) Limited was established in 1967 as the first manufacturer of wholesome, hygienic packaged biscuits in Pakistan. For over 45 years, EBM has been a symbol of trust and confidence for consumers, making it the leading biscuit manufacturer of Pakistan. EBM has an extremely diverse corporate social responsibility (CSR) portfolio, driven by a commitment to improving lives. With one of the largest CSR budgets amongst national and multi-national companies, EBM has made significant contributions in areas as diverse as health, education, community welfare, and sports-related causes.

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Jubilee Life Insurance announces financial results for the first quarter

Wednesday, April 23, 2014

KARACHI, APRIL 23, 2014: Jubilee Life Insurance Company, the largest insurance company from the private sector, announced an impressive batch of results for the financial quarter ending on 31 March 2014. The results were declared by the Board of Directors who met under the chairmanship of Mr. Kamal A. Chinoy to review the performance of the company.

The company reported a pre-tax profit of Rs295 million for the first quarter of 2014, up 45% from Rs 204 million for the same quarter in the preceding year. With after-tax profit of Rs 202 million, the earnings per share (EPS) stood atRs2.80.

Jubilee Life has further strengthened its position by registering 34% increase in net premium income over the same period of last year.

Mr. Javed Ahmed, Managing Director & CEO Jubilee Life, commented, “Our results reflect our strategy of robust business growth, together with sustainable profitability.” He also added that Jubilee Life has a strong focus on customer servicewhich is the lifeblood of our business.

Jubilee Insurance is a global brand of Aga Khan Fund for Economic Development (AKFED) that offers diverse insurance solutions (life, health and general) in the Asian and East African markets. Jubilee Life in Pakistan offers uniquely designed range of life and health insurance plans, catering to various customer segments and needs. These include retirement, child education, marriage, saving & protection, wealth accumulation, life insurance plans for women, rural insurance plans and life and health insurance solutions for the less privileged of our country.

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