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Archive for the ‘Press Releases’ Category

Ufone to launch UWatch; Stay connected to your child with a watch

Wednesday, February 3, 2016

Karachi, February 03, 2016–Ufone, Pakistan’s premier telecom operator, is primed to launch a first of its kind product that will bring parents some much needed peace of mind – the UWatch. UWatch keeps families connected in the way they want to be without the need to buy a young child a smartphone.

E. U Watch Photo

UWatch is a wearable mobile watch designed specifically for kids in order for parents to keep in touch with their loved ones. This watch provides two way voice calling functionality i.e. the parent can dial into the watch and also the child can dial from the watch to the parent’s mobile number. Additionally UWatch also provides real-time location capability via GSM/GPS positioning so that parents can be aware of their child’s location.

UWatch is securely controlled by the parents using the UWatch app through a smartphone supporting both Android and IOS platforms. Through the app, parents can stay connected with their children throughout the day, right from their own mobile device. Whether it’s checking to see that your child has made it home safely from school or calling to let your child know you’re running a few minutes late, the app delivers the connection and peace of mind that every parent desires.

With the UWatch app, the parent is always in control. From live monitoring to setting up safe zones, the app provides several ways to customize the UWatch experience for your family. The app provides accurate real-time locations of your child and can also control who your child can call and receive calls from. In addition to that, parents can set up Safe Zones to receive notifications when your child has left or entered certain locations.

“At Ufone, we maintain an unwavering focus on our customers’ needs and convenience with innovation being at the forefront of everything we do. The UWatch is a prime example of that as it offers a very unique and innovate way of keeping families connected,” said Taimur Faiz Cheema, Ufone’s General Manager Marketing. “We are proud to be the first telecom company in Pakistan to launch a breakthrough product like the UWatch and we are confident this will bring some much needed relief to the parents.”

The UWatch will have a BVS registered SIM in it through which all the communication will take place. The parent SIM will also be BVS registered and will be used in the mobile phone in which the app will be installed. The UWatch is now available for purchase from Ufone Service Centers in Karachi, Lahore and Islamabad.

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Dell ProSupport proactive services debuts in Pakistan

Thursday, February 4, 2016

  • Dell Introduces ProSupport services for business to help improve performance of critical systems, increase productivity and reduce downtime
  • Services portfolio will help customers access basic support facilities at their own convenience ProSupport for PCs and tablets will provide maximum support with minimal customer effort

Feb3, 2016: Dell today announced the availability of Dell ProSupport for commercial customers and consumers in Pakistan, helping them maintain and optimize IT performance so they can spend less time on technical support and more time innovating in the country’s evolving business environment.

The key features of the ProSupport services portfolio are designed to help Dell’s customers work smarter by giving them access to Dell support on their own terms and at their own convenience. Commercial customers and end consumers will benefit from the coupling of a base warranty with the carry-in and onsite services of ProSupport. This will allow them to drop their systems at the designated Dell repair center or have a field support engineer visit their premises to resolve the issue. Additionally, ProSupport for PCs and tablets provides direct access to in-region support from ProSupport engineers and establishes a single source for both software and hardware specific matters.

“As we witness a growing mobile workforce and increasing device proliferation, keeping devices running and maintaining productivity is becoming more challenging. There is also greater reliance on technology every day which brings about a greater need for the right support,” said Mr. Mir Saadat Ali, General Manager, Dell Pakistan and Afghanistan. “Dell has been proactive in understanding our customers’ needs in this market and introducing Dell ProSupport will enable our customer’s to maintain productivity and minimize downtime.”

Dell’s enterprise customers will be able to access the same services, with the added advantage of a third party collaborative assistance, hypervisor and OS support. Dell ProSupport also enables customers to upgrade to mission critical depending on the need and urgency of the situation, minimizing downtime.

Customers are also able to control the whereabouts of sensitive data as they are able to maintain possession of their hard drive after replacement to ensure data control. In addition, they are spared the hassle of spending time waiting on a replacement battery with extended battery services.

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LG Electronics Announces Executive Promotion and New Leadership Roles across MEA

Wednesday, February 10, 2016

Move in line with robust plans to further strengthen the brand across the region

Karachi / Dubai, February 10, 2016: Dedicated to improving the lives of the consumers and in a bid to strengthen the market leading position, LG Electronics, a global leader and technology innovator, has announced an executive promotion and new leadership roles for its Middle East & Africa operations.

Key announcement for the region was the promotion of the President, Kevin Cha to Executive Vice President of LG Electronics, MEA operations. Cha has been the President of the LG Electronics since 2014 and his promotion reflects his impressive leadership and extensive corporate strategy experience, as well as his in-depth product and commercial expertise.

Commenting on his new role, Cha, said, “Over the last couple of years, LG Electronics has already made big strides in the global marketplace with the introduction of flagship products that have been instrumental in providing a better life for our consumers. I am extremely delighted to be leading the way for such an innovative brand and I am optimistic our new and exciting product line-up will entice our consumers even further.”

Cha’s association with LG Electronics dates back to 1988. In 1993, Mr. Cha was appointed as the General Manager of LG Electronics, Saudi Arabia. Earlier in his career, he held several senior level roles within LG Electronics and in 2005 rose to the position of the President of LG Electronics, Shanghai, China. And recently, prior to heading the MEA region, Cha was bestowed upon the title of Managing Director for the LG Electronics Levant.

Among the other key executive leadership announcements Mr. Yong Geun Choi has been appointed as the Managing Director for LG Electronics in the Gulf region and the others leading positions across the region include appointments of new Managing Directors across markets like Levant, Egypt, Saudi, Algeria & Iran.

With industry experience dating for over two decades, Mr. Choi has been with LG Electronics since 1992. In line with several leadership roles, Mr. Choi has been instrumental in terms of driving growth and milestone product introductions in various markets including Tunisia, Morocco, Jordan, Lebanon and most recently in Ethiopia.

In his new role, Mr. Choi will be primarily responsible for driving growth in key Gulf markets, expanding the B2B business and further cementing a robust organization culture.

“As electronics become more and more important in the daily lives of trend-setting consumers of the region, there is a tremendous opportunity to engage people in new and better ways, fueling the next phase of growth and innovation in the industry. Given our existing brand and market strength in the region, I very much look forward to collaborating with our customers, partners and the community at large. As such it’s an exciting time to be appointed managing director and to be part of driving the LG brand on to even bigger and better achievements across the Gulf region,” said Mr. Yong Geun Choi.

LG Electronics MEA which has been in the region since 1988 — presently employs more than 2,000 people in 35 countries across the MEA region and has robust plans for the region.

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National Volunteer Programme (NVP) set to be launched

Friday, February 5, 2016

February 05, 2016: TBL – Triple Bottom-Line, a sustainability advocacy platform working to promote CSR in Pakistan since 2007, is now launching a unique initiative, the National Volunteer Programme (NVP), initially in Karachi, and later expanding it nationwide. NVP’s Vision is “to strive for a just and prosperous society in which the marginalized will emerge from distress through the caring support of other, more privileged and compassionate people serving as volunteers.”

While volunteerism does take place in society, the NVP is unique in terms of a structured platform and service that optimizes the benefits of volunteerism for both the volunteers and the beneficiary institutions. The NVP achieves this by matching the specific skills and interests of volunteers with the matching needs of beneficiary institutions, through a customized software and dedicated portal, www.nvp.com.pk. Focusing particularly on corporate executives as volunteers in the first phase, the NVP will act as a facilitator and a medium, providing corporate volunteers meaningful opportunities to serve in Beneficiary Institutions working in a range of focus areas.

The NVP will be constantly monitoring and filling the ongoing demand for skilled workforce requirements at Beneficiary Institutions, and will be working together with volunteers, the corporate sector and others to build a more just and benevolent society.

Millions of marginalized in Pakistan – the poor and the uneducated, the physically and mentally challenged, widows and orphans and others – are deprived of even basic necessities. A number of NGOs and other institutions are working tirelessly for their uplift, but their efforts are hampered owing to lack of regular funding and insufficient workforce. The NVP seeks to address the lack of qualified human resource, by bringing together compassionate volunteers giving their time and skills to beneficiary institutions which need these the most.

Through the work of the volunteers, the impact of the welfare institutions can be substantially enlarged. Globally, the corporate sector too has come forward, allowing and encouraging their executives as a part of their CSR outreach, to do volunteer work for a certain number of hours every week during their work hours. There is ample research to show that corporate volunteerism is highly beneficial for all 3 stakeholders – the company, the volunteer and the beneficiary institution.

The NVP Project has received start-up support and funding from Coca-Cola Pakistan, and its soft launch will take place at the Karachi Literature Festival 2016, being held from February 5 to 7. Coca-Cola has been a supporter of KLF as well for the past 4 consecutive years, sponsoring the Award for the Best Non-fiction Book in English language by a Pakistani author, as well as offering complimentary bottled water and soft drinks to thousands of visitors to the KLF over its 3 days run.

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Habib Bank Limited launches its new Abu Dhabi Main Branch

Wednesday, February 10, 2016

HBL’s Abu Dhabi Main Branchis now open at the prestigious Landmark Tower on Corniche Road in Abu Dhabi.

Karachi /Dubai, –February 10, 2016: Habib Bank Limited (HBL) UAE has opened its new Abu Dhabi Main Branch at the Landmark Tower on Corniche Road in Abu Dhabi. The branch was inaugurated by H.E. Sheikh Nahyan Bin Mubarak Al Nahyan, Minister(Ministry of Culture, Youth and Social Development), Mr. Sultan Ali Allana, Chairman HBL, Mr. MubasharMaqbool, Country Manager – UAE and Mr. Naveed Asghar, Chief Marketing Officer, HBL, along with other dignitaries from the Emirates.

E. HBL Branch

On occasion of inauguration, H.E. Sheikh Nahyan Bin Mubarak Al Nahyan, Minister(Ministry of Culture, Youth and Social Development)said, “It is encouraging to see HBL opening branches at vibrant and dynamic locations in the capital of UAE. With innovation and digital channels, diverse range of products and banking solutions, the future role of the branch and service centers is likely to expand in UAE. We wish HBL success in their future plans in UAE, especially for for the Retail and Small Business segments, which are of great importance from Cultural and Social Development of the country.”

Opening of the new Main Branch in Abu Dhabi comes soon after HBL launched Car Loan & Small Business Loan by the name of Irtiqa. HBL Irtiqa caters to financing needs of small and medium enterprises in the UAE. HBL has also launched innovative features such as Fast Transfer(Home Remittance) via ATM, and transactional Call Center with a host of services.

HBL was one of the first international banks to launch operations in the United Arab Emirates, in 1967. “Since HBL opened in the UAE we have been actively contributing to the country’s economic progress through a number of initiatives, and we feel we now provide a wealth of services to our clients across the country, which we will continue to develop going forward. There are several new products and services in the pipeline for 2016 and beyond.” explained Mr. Sultan Ali Allana, Chairman HBL.

HBL’s new Abu Dhabi Main Branch will be open from Saturday to Thursday from 8am to 2pm. The Branch is located on the CornicheRoad in Abu Dhabi, with is conveniently accessible from nearby residential and commercial areas.

“Our operations in the UAE have performed consistently over the last four decades,we will continue to expandour offering in response to customer requirements, both commercial and individual. As the branch is located at a close proximity to most corporate offices and businesses, it will pave the way for an enriched client relationship,” said Mr. Mubashar Maqbool, Country Manager – UAE.

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Coca-Cola & UNDP to fund Water Management Project in Gilgit-Baltistan

Monday, February 15, 2016

Karachi, February 15 , 2016: The Coca-Cola Company has partnered with United Nations Development Programme (UNDP) Pakistan for the “New World” program, focused towards community water stewardship and adaptation to climate change. Under this Rs. 16 million program, Coca-Cola will partner with reputed NGO, Mountain & Glacier Protection Organization (MGPO), for integrated water resource management, safe drinking water and sanitation services in Gilgit-Baltistan.

Targeted outputs of this project include irrigation of 355 hectares of land, installation of 17 water points for sustainable access to safe drinking water and sanitation services for 4,000 people. This project will also help empower 1,400 women and 500 youth with opportunity to earn livelihood through completion of this project.

This project is in line with the Company’s CSR strategy, allowing for expansion of the global and local outreach in regard to water stewardship, targeting 100% water replenishment goal by 2020. The target area of this project is Siksa Village, whose livelihood is solely dependent on agriculture and tourism. The local community is at a high risk because of the remote location and due to harsh weather conditions. The on-site work will start in April 2016, which will include construction of pipe irrigation system and water beds.

Acknowledging this partnership, Rizwan U. Khan, General Manager, Coca-Cola, Pakistan and Afghanistan said “I am pleased to welcome MGPO in partnering with Coca-Cola Pakistan to not just provide water management services in Siksa Village, but to develop a community participation based infrastructure that will continue to provide life-changing socio-economic uplift to the beneficiaries and local communities. The idea is to create shared value through sustainable development.”

Further endorsing the partnership, Usman Manzoor who is Programme Analyst at UNDP Country Office, Pakistan said, “The ’New World’ initiative, provides a great opportunity to the civil society organizations across Pakistan to address their community issues under the given thematic areas. We aim to promote innovative solutions to the existing issues and are quite hopeful that our intervention through MGPO will bring about a positive change in the lives of the communities”.

Under ‘New World’ Partnership, Coca-Cola & UNDP have also rehabilitated over 100 schools in Islamabad & Rawalpindi, by providing separate washrooms for females and significantly improving the conditions of playgrounds in these schools. An estimated 20,000 females students and 5000 existing students will continue to benefit from this program.

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HBL AMC acquires 100% shares of PICIC AMC

Thursday, February 18, 2016

Karachi, February 18, 2016: At a ceremony held on Wednesday February 17th, HBL Asset Management (HBL AMC) signed an agreement to acquire 100% shares of PICIC Asset Management Company (PICIC AMC), a wholly owned subsidiary of NIB Bank. The ceremony was also attended by Mr. Nauman K. Dar, President Habib Bank Limited and Mr. Atif R. Bokhari, President NIB Bank.

After conducting due diligence last year, HBL Asset Management made a successful bid to acquire PICIC Asset Management for Rs. 4.1 billion. PICIC Asset Management has assets under management of Rs. 23 billion in 8 mutual funds. The agreement was signed after acquiring necessary regulatory approvals.


At the event HBL Asset Management’s CEO, Mr. Rehan N. Shaikh said, “HBL Asset Management takes pride in this acquisition and it is in line with HBL Asset Management’s commitment to create value for all its stakeholders.”

He further stated, “HBL Asset Management will work closely with PICIC Asset Management to ensure smooth and seamless transition and to provide continuous and uninterrupted services to investors.”

HBL Asset Management is a 100% owned subsidiary of HBL.

With a global presence in over 25 countries spanning across four continents, HBL is the largest private sector and also the largest multinational bank in Pakistan with over 1,600 branches and 1,700 ATMs globally and a customer base exceeding 8 million relationships.

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Karandaaz Pakistan Organizes a Digital Credit Workshop for Key Industry Players

Friday, February 19, 2016

Karachi, February18, 2016: Karandaaz Pakistan in conjunction with the Consultative Group to Assist the Poor (CGAP), a member of the World Bank group, held a one-day workshop titled Digital Analytics and Credit: Resources to Plan a Deployment at the Marriott Hotel in Karachi.

Facilitated by Mr. Jamal Rahal, an internationally renowned expert in digital finance analytics and credit scoring, and Mr. Gregory Chen, Senior Financial Sector Specialist, CGAP, the aim of the day-long workshop was to provide participants with a detailed introduction to digital credit essentials, opportunities and requirements. The workshop was attended by a number of key industry players from the digital financial services sector, including telecom companies, banks, microfinance banks and FinTechs.

Moderated discussions throughout the day enabled participants to develop a deep understanding of the design and delivery of digital credit services, and learn about useful tools that aid the development of digital credit products. The workshop also included a session shedding light on a range of digital credit deployments around the world. Key components of the workshop included credit scoring, IT infrastructure requirements, financial projections and partnership models. Participants were also led through the steps in designing a digital credit pilot.

In her opening remarks, Ms. Joanna Reid, Head of Office, Department for International Development (DFID) Pakistan stated, “Digital credit is a highly specialized subject and it is a moment of pride to see Karandaaz team working at the forefront of digital financial innovation in Pakistan. We at DFID see financial inclusion as a cornerstone for development – not just for generating growth, but for creating better lives for the poorest and marginalized in society – opening the door for cash transfers, savings and insurance and thus funds to spend on education, health, and a better living environment.”
In his keynote address, Dr. Ishrat Hussain, Chairman of the Board of Directors at Karandaaz Pakistan, said“ Pakistan needs innovation in digital financial space to further the goal of 50% financial inclusion by 2020 as set by the State Bank of Pakistan. The workshop provides a useful platform for key branchless banking industry players to come together and understand the importance of digital credit, its successful deployment as well as future scale-up. I would like to thank CGAP in particular for bringing international best practices to Pakistan and for sharing their experience in implementing digital credit in other markets.”

Mr. Imdad Aslam, Director Digital Financial Services and Interim CEO, Karandaaz Pakistan spoke of the importance of viable digital lending models in his closing remarks and said, “Products such as M-Shwari present great opportunity for people to save money securely and access short-term loans that were previously unavailable to them. If used properly, digital credit services can help financial institutions and providers in Pakistan make credit decisions quickly, thereby enabling underserved communities in Pakistan to obtain loans without lengthy procedures and requirements. At the same time, there is no need for in-person visits to bank branches, and loans can be disbursed or returned easily through remote access.”

Ms. Samar Hasan, Senior Manager, Communications at Karandaaz Pakistan added, “Karandaaz Pakistan has a strong commitment towards financial inclusion of the unserved and underserved populations of the country. By organizing this workshop with our technical partner, CGAP, we hope to provide impetus to the industry in responsibly designing and delivering products to benefit these segments of society.”

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Lenovo Announced winner of ‘Smartphone Khareedo aur Jeeto’ campaign

Friday, February 26, 2016

Karachi, February 25, 2016: Lenovo, the largest PC maker in the world, announced the winners of its recently launched consumer promotion campaign ‘Smartphone Khareedo aur Jeeto’. The promotion offers the buyer of any Lenovo smart phone to enter into a lucky draw and get a chance to win exciting prizes like smartphones, laptops, motorcycles and a grand prize of ‘1800 cc car’.
Commenting on the response to the campaign, Sharay Shams, Head of Smartphone Business at Lenovo Middle East and Africa exclaimed, “This has been a fantastic promotion which has certainly seen very strong interest and participation from thousands of our customers. We are committed to turn every customer experience into one that is delightful and more importantly, rewarding.”
Shahneela Ahmad Marketing Manager for Lenovo Pakistan presented motorcycle key to the one of the winners at the recently held prize distribution ceremony.


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