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Archive for the ‘Press Releases’ Category

Jubilee Life Insurance secures second position in Major General Saeed uz Zaman Janjua Memorial Polo Cup 2019

Friday, January 3, 2020

January 03, 2020: Jubilee Life Insurance, Pakistan’s largest life insurance provider in the private sector recently bagged the second position in the Major General Saeed uz Zaman Janjua Memorial Polo Cup 2019. The final match of the tournament was held at the Lahore Polo & Country Club.

The tournament was played by eight teams comprising of astute sportsmen representing various corporations. Jubilee Life Insurance qualified for the final game after an unsparing victory in the preceding semi-final, while being handicapped at 7 goals and defeating Master Paints Black, handicapped at 8 goals. The final match, played against Master Paints concluded with the score closing at 7-4.

“Sports, be that of any kind is vital for maintaining a healthy lifestyle and it helps learn the essence of discipline and team effort,” said Syed Usman Qaiser, Head of Marketing, Jubilee Life Insurance, “When it comes down to polo, Jubilee Life Insurance takes pride in taking forward the legacy of the oldest recorded team sport known in history. We congratulate the winning team and look forward to facilitating sports avenues within and outside the country.”

Major General Saeed uz Zaman Janjua Memorial Polo Cup 2019

Polo’s legacy spans over 2,500 years and has been known to be the game of the kings ever since its inception in Central Asia. The Mughals, known for their admiration of art and sports, introduced polo in the Indian Subcontinent in the 13th century. This still being a renowned game in Pakistan receives extensive coverage and draws participation from local and foreign dignitaries.

Jubilee Insurance is a global brand of Aga Khan Fund for Economic Development (AKFED) that offers diverse insurance solutions (life, health and general) and is the market leader among private sector life insurance companies in Pakistan.


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UnionPay International (UPI) & Avanza Premier Payment Services (APPS) Collaborate To Empower Mobile Payments

Tuesday, January 14, 2020

UPI & APPS, join together to digitize Pakistan through the power of M-commerce transactions. By virtue of this, APPS has become a Third Party Service Provider (TPSP) of UPI, a globally leading mobile payment service provider. The signing ceremony held at UPI’s headquarter in Shanghai and was attended by Mr. Syed Adnan Ali, CEO APPS, Mr. Larry Wang, Vice President, UPI, Mr. Nadeem Haroon, Country Manager, UPI Pakistan along with top management of both companies.

E. APPS - Photo


PayFast; APPS’ robust payment gateway, is focused on empowering banks to embrace the same level of diversified payment acceptance. By harnessing the power of new age payment methods, combined with the widespread availability of smartphones, both entities have enhanced the mobile applications of partner banks to enable Quick Response (QR), P2P and Tap & Pay (HCE & NFC) based transactions and also to provide exciting discounts and cashback promotions.

Banks which have been enabled for Payfast powered M-commerce transactions include;

  1. Askari Bank
  2. Faysal Bank
  3. Habib Metro Bank
  4. NRSP Bank
  5. Summit Bank
  6. U Bank

Payfast is a Fintech which is obtaining PSO / PSP license from the State Bank of Pakistan and will enable digital payments through Bank Accounts, Mobile Wallets and UnionPay, and other scheme cards. The primary objective of Payfast is to accelerate the Pakistani digital payments market up to and beyond the standard of international markets.

UnionPay International has enabled UnionPay card acceptance in 177 countries and regions with issuance in 58 countries and regions. UnionPay International provides high quality, cost effective and secure cross-border payment services to the world’s largest cardholder base and ensures convenient local services to a growing number of global UnionPay cardholders and merchants

Mr. Adnan Ali, CEO – APPS, said, “China’s a leading innovator in the mobile payments industry; synergizing with UnionPay International,the subsidiary of China UnionPay, will pave the way to replicate the same level of innovation in Pakistan and tap into the ever growing potential of mCommerce. This also showcases that domestic companies have the potential to attract international markets to partake and invest in them. We as a nation are progressing towards a digital economy where Payfast will be a catalyst in making Pakistan Go Cashless.”

For further information on either UnionPay International or Avanza Premier Payment Services, you can visit their websites www.unionpayintl.com or www.apps.net.pk

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Wednesday, January 15, 2020

Plan your holidays for the year with Emirates’ global fare promotion saving up to 15% in Economy Class and up to 20% in First & Business Class

Pakistan, 14 January 2020 – It is never too early to plan for the next adventure, travel to surprise or be with a loved one, or take a trip to celebrate an anniversary or a birthday. Travellers in Pakistan will have fun planning another exciting year of travel with Emirates’ 2020 global fare promotion. Emirates is offering its Pakistani customers special discounts of up to 15% in Economy Class and 20% in Business Class to destinations across its global network.


Fulfil your 2020 dreams of an African adventure, have a memorable sunny holiday in Dubai or discover the glam of Europe by securing these special fares when booking between 14 and 27 January for travel between 17 January and 30 November 2020. With return fares starting at only USD270 in Economy Class or USD620 in Business Class, travellers have another compelling reason to embark on new adventures in 2020 and plan them in advance.

Below are some of the featured destinations and starting from fares*:

DESTINATION Economy Class Fares From (In USD) Business Class Fares From

(in USD)

Dubai 270 620
Istanbul 410 1,313
Kuala Lumpur 419 1,072
Bangkok 414 1,043
New York 812 2,143
London 639 1,808
Toronto 905 2,289

Mohammad Sarhan, Emirates’ Vice President Pakistan said: “We know that many people have begun thinking about their travel plans and aspirations for 2020, and we are pleased to add a little more inspiration and incentive to help turn those plans and dreams into reality. Our global destination network across six continents offers something for every traveller, and we are now combining that wide range of travel choices with special rates to offer would-be travellers with an even more appealing value proposition. Aside from choice, connectivity, and value, the Emirates experience also means Pakistani customers can look forward to industry-leading comforts on board our modern aircraft, and award-winning service from our friendly cabin crew.”

Emirates believes in making every flight experience extraordinary and makes continuous investments in refreshing the world’s biggest fleet of Airbus A380s and Boeing 777s to ensure customers are able to Fly Better. Fly aboard the Boeing 777 from your city or the iconic Emirates A380 from Dubai and beyond for unforgettable journeys to destinations on Emirates’ global network, spanning six continents. With door-to-door chauffeur service, luxurious lounges in select airports worldwide, wider and more ergonomic seats on Emirates’ Boeing 777, Pakistani Business Class travellers Fly Better with a seamless travel experience.

Customers across all cabins enjoy 4,500 channels of entertainment on Emirates’ ice system, from the latest movies to TV shows, music and games. Complimentary beverages and regionally inspired meals, as well as the famed hospitality of the airline’s multicultural cabin crew, including crew from Pakistan, make up the airline’s award-winning service. Emirates also offers a generous baggage allowance of up to 35Kg in Economy Class and 40Kg in Business Class. Passengers across all cabins can stay connected throughout the flight with 20MB of free Wi-Fi data.

Emirates operates 67 weekly flights between Dubai and five cities in Pakistan: Karachi, Lahore, Islamabad, Peshawar and Sialkot. From the vibrant and dynamic city of Dubai, Emirates connects its customers to more than 150 destinations in 85 countries and territories including 43 destinations in Europe; 17 in the Americas; 23 in Africa; 13 in the Middle East; and 17 in South Asia.

For more information on Emirates, including how to book flights and a complete list of terms and conditions, contact your travel agent or visit www.emirates.com/pk.

* Terms and conditions apply. ENDS

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Thursday, January 16, 2020

Karachi, January 15, 2020: Outdoor One has expanded the services of its deluxe lounges nationwide. The numerous benefits and privileges offered to guests at The Majestic lounge have made it the top preference of premium flyers. The services are provided to international flyers at Karachi, Lahore, Peshawar and Islamabad airports while the lounge is accessible to domestic travelers from Karachi and Lahore. An additional service of Fast Track immigration and security is offered at the Jinnah International Airport.

Among other privileges, Majestic Lounge also offers an exclusive cigar lounge, high quality food service provided by top tier eateries, Luxurious seating, high-speed Wi-Fi, selection of hot and cold beverages, flight information and services, Mobile phone and Laptop charging stations, and several other modern amenities.

Picture 1 Picture 2 Majestic Lounge


Sharing his thoughts about this expansion, Mr. Khurram Zafar, CEO Outdoor One said, “We are delighted to be able to expand our services for flyers across the major cities of the country. Majestic Lounge was conceptualised keeping in mind the elite flyers of Pakistan, and we now look forward to hosting the same from Lahore and Islamabad as well. The best services in every aspect are ensured for the guests that visit our lounge, thereby providing the perfect start to their journey ahead”.

The Fast Track services are an excellent opportunity to make the most of one’s time at the airport, as these comprise of hand baggage trolleys on request, complimentary welcome drink and Porter service, free Golf Cart service on request and dedicated one-to-one service.

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Pakistan Poverty Alleviation Fund launches 1 Minute Video Contest on Women Rights

Thursday, January 23, 2020

Pakistan Poverty Alleviation Fund has brought forward an exciting opportunity for university students of Pakistan whereby they can win cash prize worth PKR 50,000 by making a 1 minute video on the topic of women rights and gender equality. There are prizes for the 1st and 2nd runner up as well. The 1st Runner-up will get PKR 25,000 whereas the 2nd Runner-up will get PKR 10,000. The competition is open to university students from all over Pakistan.

complete poster 1MVC2020

The PPAF One Minute Video Competition 2020 (1MVC-2020) aims at engaging university students in joining the global campaign of achieving gender equality and empowering all women and girls by 2030 as enunciated in Goal 5 of the UN Sustainable Development Goals (SDGs). All entries should be themed around the UN theme of International Women’s Day 2020: “I am Generation Equality: Realizing Women’s Rights”

The entries must be submitted before midnight, February 16, 2020 and after the competition is closed three winners will be chosen by an esteemed jury. Results of the PPAF1MVC-2020 will be announced on Feb 28, 2020. The winners will be informed beforehand through email to receive their awards at the PPAF’s Amtul Raqeeb Award ceremony held in Islamabad every year to mark the International Women’s Day.

Visit 1mvc2020.ppaf.org.pk:84 for more details on eligibility criteria, and guidelines on how to apply. Information is also available on the official Facebook, Twitter and Instagram account of Pakistan Poverty Alleviation Fund.

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PPAF launch project for small farmers in Swabi and Torghar

Saturday, January 25, 2020

Swabi, 25th January, 2020: Pakistan Poverty Alleviation Fund launched a project on “Enhancing Food Security through Strategic Interventions in Agriculture” in 12 union councils of districts Swabi and Torghar of Khyber PakhtunkhwaThe project aims to develop skills and knowledge of farmers on modern agricultural crop practices and facilitate setting up of agriculture value chains for improving livelihoods of small farmers. A ceremony was held in Swabi in this regard which was presided by Speaker National Assembly, Asad Qaiser, also present were representatives from government line departments, MNAs, MPAs and officials from PPAF.On this occasion cheques were also distributed among borrowers of the interest free loan component of the Government of Pakistan’s flagship Ehsaas Program for poverty alleviation.

Lauding the efforts of PPAF and its partner organizations for starting a unique initiative targeting the farmer community, Speaker National Assembly said, “Farmers are the backbone of this country. During my tenure as Speaker KPK assembly, I was closely involved in the agricultural sector. We introduced many projects for smart irrigation system and in future we hope to continue with the same zeal. Innovation in agriculture sector is a crucial and projects such as these will not only provide profitable alternative farming options to local communities but will also enhance their capacities.”

E.Asad Qaiser Swabi


CEO Pakistan Poverty Alleviation Fund, Qazi Azmat Isa was also present at the launch ceremony. Speaking on this occasion, he said, “Pakistan Poverty Alleviation Fund has always been at the forefront of empowering people from the underprivileged communities. We are committed to achieving the sustainable development goals on poverty eradication by introducing innovative practices which could benefit people belonging to different sectors.”

Head of Programs, PPAF, Ms Simi Kamal highlighted the need for adoption of modern techniques in the agricultural sector in order to boost economic growth. “Pakistan’s GDP heavily relies on the agricultural sector and small farmers are one of the biggest assets of the country. It is pivotal for us to equip farmers about sustainable practices such as effective water utilization so they can maximize output and use resources wisely. This project shall lay a solid foundation for all of us”

The project which is being implemented by PPAF partner organizations namely CERD and IDEA has been designed to address the critical issue of poor crop productivity and low economic return. As part of the project, activities are planned to ensure efficient water input and improved agricultural value chains. Community institutions will be formed along with establishment of field schools for farmers where they can be educated on sustainable practices. Additionally, modern agricultural enterprises will also be formulated for community institutions.

PPAF is also implementing the interest free loan component of  the Ehsaas program through its partner organizations. Loans worth Rs. 16.65 billion have been disbursed so far to 490,122 borrowers. 45% of the borrowers being women. In Khyber Pakhtunkhwa alone, interest free loans of around Rs. 1,249.98 million have been rolled out to more than 39,956 borrowers. The initiative draws funds from the Government of Pakistan, International Fund for Agricultural Development (IFAD) and the Asian Development Bank (ADB).

In total Rs 42.65 billion have been set aside for 110 districts across the country under the Ehsaas Program. The amount will impact 16.28 million people with 50% women including youth, persons with disabilities, transgender, minorities and marginalized communities. During the next 4 years, as many as 3.8 million interest free loans will be provided to 2.28 million households. In total, 14.7 million people will benefit from this component. The program is being executed through Pakistan Poverty Alleviation Fund (PPAF) and Akhuwat.

As one of the largest sources of pro-poor spending in the country, the Pakistan Poverty Alleviation Fund is the lead agency for poverty reduction in Pakistan. It embodies the spirit of public-private partnership to address the multi-dimensional issues of poverty with a view to achieving social and economic change. PPAF outreach extends throughout Pakistan as it has partnered with 130 organizations working in over 100,000 villages/settlements with more than 133,000 community organizations and 440,000 credit/common interest groups at the grassroots level in 137 districts.

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Majid Al Futtaim collaborates with Miracle School Ministries to support underprivileged families in Lahore

Monday, January 27, 2020

Carrefour operated by Majid Al Futtaim in Pakistan, donates food and warm clothes to fifty families in need

Lahore, Pakistan, 27th January, 2020: Majid Al Futtaim, the leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa, and Asia, has joined hands with Lahore-based non-governmental organisation (NGO) Miracle School Ministries to support fifty underprivileged families through the harsh winter season. The families, which are associated with the NGO, were provided with essential food items and warm clothing from Majid Al Futtaim’s supermarket franchise, Carrefour. Without such assistance, children are often forced to engage in child labour by working at brick kilns to provide an income for their family.

The donations by Carrefour were distributed by the Miracle School Ministries to members of the benefiting families.

The Miracle School Ministries works to protect underprivileged children — particularly those forced to work at Pakistan’s brick kilns — from child labour and other rights violations. The organisation also provides education to more than 600 children through its two schools, where it teaches the core values of dignity and self-respect to help transform students’ lives for the better.

Carrefour Pakistan donates to Miracle School Ministries- English caption

Jean Marc Dumont, Country Manager of Carrefour Pakistan at Majid Al Futtaim Retail, commented: “Majid Al Futtaim actively seeks to make a positive contribution to the communities we operate in, and we’re pleased to partner with the Miracle School Ministries to do so in Lahore. Pakistan’s unprecedented harsh winters this year, compounded by a worrying lack of resources, threatens the safety and health of these vulnerable families. That is why Carrefour Pakistan is supporting the Miracle School Ministries by providing vital food and clothing to underprivileged families. Not only are they now able to cope with the frigid weather, their children are also spared from the gruelling labour that many are forced into.”

Carrefour Pakistan has made a wider commitment to support underserved communities in the country through its various social support programmes. Majid Al Futtaim Retail places corporate social responsibility at the heart of everything it does, driven by its belief in operating in an environmentally and socially responsible manner.


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