Tetra Pak reiterates its commitment to sustainability at the Euro Village 2022

Islamabad: Tetra Pak asserted its commitment towards sustainability and ensuring a greener environment at the Euro Village 2022 gala recently organized by the European Union in Islamabad. Participating at the Euro Village 2022 event served as an ideal opportunity for Tetra Pak to highlight its approach to sustainability which is shaped by its promise of protecting what’s good and its commitment to making food safe and available, everywhere. As a reflection of practically implementing this approach, a swing set for children which was completely manufactured by recycled Tetra Pak packaging material was also placed at Tetra Pak’s designated booth which reiterated the fact that Tetra Pak is taking practical steps towards realizing its sustainability vision. 

Notable dignitaries, including the Swedish Ambassador to Pakistan, H.E. Henrik Person, also visited the Tetra Pak booth and were greeted by company representatives. They were delighted to learn more about Tetra Pak’s achievements within the sustainability realm and its commitment towards a low-carbon circular economy. 

During his visit, the Swedish Ambassador to Pakistan, H.E. Henrik Person said, "I am very happy to be visiting this installation made by a Swedish company Tetra Pak, which is a leading company in packaging, as well as, sustainability. Tetra Pak is making sure that the used cartons are recycled to make items for other purposes. This is of course a very fun purpose to make a swing set for children made out of Tetra Pak cartons. I will encourage all consumers to support recycling of cartons as much as possible, Tetra Pak will do the rest to ensure that we are working towards a sustainable future."

Tetra Pak Pakistan also made special arrangements to apprise the audience about its local partnership with Green Earth Recycling, which started in 2014 and since then has been successfully achieving increasing recycling targets every year by collecting and recycling packaging waste into sellable products such as garden furniture, school desks, roofing solutions, and much more. Visitors were also pleased to learn that in 2021, Tetra Pak Pakistan achieved a recycling rate of over 42% of its produced cartons, while the goal for 2022 is to increase this volume and recycle around 27,000 tonnes of beverage cartons.

The Euro Village is an annual cultural event organized in different countries with the purpose of highlighting the visibility and impact of the European footprint around the world. The event is conducted as a fun-filled evening with a range of family-centric cultural and entertainment activities that help to enhance mutual interactions between the locals and everyone else that represent team Europe. Highlights of this event include European stalls, a live musical concert, culture and information booths, along with lots of food and fun-based activities.

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Jazz supports the nationwide breast cancer awareness campaign

Aimed at raising awareness on breast cancer, Jazz, Pakistan’s leading digital operator and the largest internet and broadband service provider, conducted month-long campaigns to drive reinforcement for prevention, reminder of periodic checkups, and educate the masses including its own employees.

Pakistan has the highest incidence of breast cancer among Asian countries; one in nine women is at risk of being diagnosed with breast cancer, and 40,000 women die of breast cancer every year, out of which only 19,000 women are diagnosed with breast cancer. 

Jazz offices and experience centers were lit up pink to serve as a reminder and draw attention to this critically important message, encouraging women to have regular check-ups and destigmatize the taboos associated with breast cancer.

Additionally, the company collaborated with Pink Ribbon to organize nationwide awareness sessions for all branches and joined hands with Shaukat Khanum Memorial Cancer Hospital and Research Centre for SMS and billboard awareness campaigns. 

“Jazz is committed to empowering Pakistani women through the power of the internet by providing digital access to effective, quality essential health care services. With over 21,000 women remaining undiagnosed with breast cancer, our campaigns were aimed at creating conversation around this topic. Our thoughts and prayers remain with those who have lost their lives fighting against breast cancer,” said Sabahat Bokhari, Head of D&I, Jazz.

Shaukat Khanum, Pink Ribbon, and ITTEHAD teams also visited Jazz offices to highlight the importance of breast cancer early detection, destigmatizing the examination, timely diagnosis, and efficient treatment methods. Jazz has provided employees with Pink Cards (valid for family members as well), which offer females up to 50% discount on various healthcare tests such as hormone profiles, and mammograms, among other women-related medical tests.

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Meezan Bank Limited donates Rs. 35 million to finance Solar Panels System for Indus Hospital & Health Network

Meezan Bank Limited donates Rs. 35 million to finance Solar Panels System for Indus Hospital & Health Network

Meezan Bank- Pakistan’s leading Islamic bank has donated Rs. 35 million to Indus Hospital & Health Network for installation of a solar panels system. The initiative is part of the Bank’s Corporate Social Responsibility and Sustainability initiatives for 2022 and will provide financing to cover part of the 1.2MW solar power project being installed on the hospital’s rooftop.

 

The system financed by the Bank will generate nearly 300 KW of electricity, reducing approximately 114,000 Kg of Carbon dioxide emissions per annum, which is equivalent to taking over 25 gasoline-powered vehicles off the road for one year. 

 

With the proposed solar panel system installation, The Indus Hospital (TIH) would be able to reduce its rising electricity expenses while channelling those funds towards patients’ welfare. The collaboration between both the parties promises a shared sustainable future for the community at large, benefitting healthcare of individuals – thus fulfilling one of the core objectives defined in the Bank’s CSR policy.

 

Mr. Ariful Islam - Deputy CEO, Meezan Bank handed over the cheque on Meezan Bank’s behalf to Dr. Abdul Bari Khan - founder Indus Hospital & Health Network. Senior management team members from both the organizations were also present at the occasion.

 

Speaking about the initiative, Mr. Ariful Islam said, “Meezan Bank’s accelerated focus on renewable energy initiatives is part of its agenda to play a deeper role in climate action and is aligned with the United Nations Sustainable Development Goals (SDGs). This initiative promises to increase energy security and efficiency for The Indus Hospital and reaffirms our commitment towards decarbonization while also enabling healthcare access to the masses.”

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Meta Q3 Sales Slip 4% and Profits Miss Expectations, Facebook Nears 2 Billion Daily Users

Meta was buffeted by a broad ad-spending slowdown in the third quarter, reporting a year-over-year revenue decline of 4%, while it missed Wall Street expectations on the bottom line as heavy metaverse investments continued to eat into earnings.

The company said its flagship Facebook app had 1.984 billion daily active users on average in Q3, up around 16 million from 1.968 billion the prior quarter — and, as Meta’s core social media business plateaus, it’s facing stronger competition from TikTok. Facebook DAUs had previously declined in Q4 2021, by about 1 million.

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For the third quarter, Meta reported $27.71 billion in total revenue and net income of $4.4 billion, or $1.64 per share — down 52% year over year and below Wall Street expectations. The year-over-year sales drop was only its second ever as a public company, following a 1% dip in Q2. Analyst consensus estimates were for revenue of $27.38 billion and earnings of $1.89 per share, according to data from Refinitiv. Meta’s results come after Q3 earnings misses at Alphabet (parent of Google and YouTube) and Snap, which both cited weakness in ad spending during the quarter.

Meta said it expects to see decline in revenue for the fourth quarter, too: It projected sales of between $30 billion and $32.5 billion, which would be a drop of 3.5%-11% versus the year prior.

On the earnings miss and Q4 revenue guidance, Meta stock plummeted more than 18% in after-hours trading. Shares are down more than 68% year to date.

“Our community continues to grow and I’m pleased with the strong engagement we’re seeing driven by progress on our discovery engine and products like Reels,” Meta chief Mark Zuckerberg said in prepared remarks. “While we face near-term challenges on revenue, the fundamentals are there for a return to stronger revenue growth. We’re approaching 2023 with a focus on prioritization and efficiency that will help us navigate the current environment and emerge an even stronger company.”

Instagram has more than 2 billion monthly active users and WhatsApp has more than 2 billion daily users, according to Zuckerberg. He said Q3 revenue would have grown slightly excluding the impact of foreign exchange rates (according to Meta, if exchange rates had remained constant with Q3 2021, revenue for the most recent quarter would have been $1.79 billion higher).

Zuckerberg said Reels — the company’s short-form video copycat of TikTok — is seeing 140 billion daily views across Facebook and Instagram, up 50% from six months ago. Reels is now on a $3 billion annual revenue run rate, he said. “We believe we’re gaining share on time spent on competitors like TikTok,” Zuckerberg said.

Meanwhile, Meta has been spending billions on its metaverse projects, recently unveiling the high-end Meta Quest Pro headset ($1,500), a pivot the social media giant signaled with its new name. The company also revealed that a cheaper, consumer-focused next-gen Quest is coming in 2023. But Meta’s Reality Labs, comprising its VR, AR and wearables businesses, is years away from contributing to the bottom line and has cramped overall financial results.

In Q3, Reality Labs posted an operating loss of $3.67 billion versus a loss of $2.63 billion in the year-earlier period. Revenue for the unit came in at $285 million, dropping 49% year-over-year.

“We do anticipate that Reality Labs operating losses in 2023 will grow significantly year-over-year,” outgoing CFO Dave Wehner said in a statement. “Beyond 2023, we expect to pace Reality Labs investments such that we can achieve our goal of growing overall company operating income in the long run.”

On Monday, Meta investor Brad Gerstner of Altimeter Capital posted an open letter to Zuckerberg and the company’s board, recommending Meta cut its headcount by 20% and cap its metaverse investments at $5 billion annually (versus $10 billion-$15 billion currently). “Meta has drifted into the land of excess — too many people, too many ideas, too little urgency,” Gerstner wrote. “This lack of focus and fitness is obscured when growth is easy but deadly when growth slows and technology changes.”

In July, Zuckerberg had said Meta plans to “steadily reduce” headcount growth over the next year, saying that “Many teams are going to shrink.”

In Wehner’s 2023 guidance to investors, he said Meta is “holding some teams flat in terms of headcount, shrinking others and investing headcount growth only in our highest priorities. As a result, we expect headcount at the end of 2023 will be approximately in-line with third quarter 2022 levels.” Wehner is stepping down as Meta’s CFO next week; Susan Li, currently VP of finance, will take over the role on Nov. 1.

Meta reported having 87,314 employees as of Sept. 30, 2022, up 28% year over year, and a net increase of 3,700 during the period.

Read more: https://www.yahoo.com/now/meta-q3-sales-slip-4-201257522.html

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Emirates hires more than 6,000 flight attendants in less than a year

Dubai: Emirates Airline has hired more than 6,000 flight attendants and hosts in less than one year, Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority, Chairman of Dubai Airports and Chairman and Chief Executive of Emirates Airline and Group said on Tuesday.

Hundreds of pilots and airport workers were also recruited in Dubai and across the company’s network, and various operations.

Sheikh Ahmed disclosed that during the fiscal years 2021 and 2022, the group invested Dh7.9 billion in new aircraft, facilities, and the latest technologies to prepare the business for future growth.

Tweeting on the occasion of the 37th anniversary of Emirates Airlines’ founding, Sheikh Ahmed said: “We have restored more than 90 per cent of our network, more than 80 per cent of pre-pandemic seat capacity, and all of our Boeing 777s (151 aircraft) and more than 70 A380s are now in service.”

“The Fiscal Year 2021-22 was the year of recovery for Emirates Airlines, where we managed not only to restore our capabilities, but also increase our future potential. We expect to return to profitability in the current financial year. We are looking forward with optimism to the future,” he said.

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LUMS Energy Institute makes important contribution to Pakistan’s Electricity Analysis

Lahore: The LUMS Energy Institute released its second edition of Pakistan Electricity Outlook 2022 - a report with a detailed analysis of the electric power system of Pakistan. It carries a critical review of the National Transmission & Despatch Company’s (NTDC) Indicative Generation Capacity Expansion Plan (IGCEP) for 2021.

During the ceremony, Dr. Fiaz Chaudhry, Director, of LUMS Energy Institute, shared that following the launch of the first edition of the Pakistan Electricity Outlook released in January 2020, spurred unprecedented decisions in the power sector by the government. 

“LUMS Energy Institute was established as a think-tank and centre of excellence for improved policy outcomes across the energy landscape of Pakistan. We are proud to operate as a knowledge hub of Pakistan in the most objective manner and will continue to do so to exemplify talent, independence, and professionalism,” said Dr. Chaudhry.

The Report involves modelling and analysis of the NTDC system through LUMS in-house Power Dispatch Model (LPDM) from 2022 up to 2029-30. The results cover several points like capacity and energy balance, dispatch analyses by fuel type, capacity payments, energy payments, power purchase price, and projected quantities of fuels. It also analyses nine alternative scenarios to demonstrate the impact on IGCEP outlook, when key variables are changed.

The Pakistan Electricity Outlook 2022 reveals that a period of the expensive capacity surplus will sustain over the modelled period, ranging from over 15% in summers to over 40% in winters over peak demand, despite an optimistic growth in projected demand. This means that the amount of capacity the government has already installed (including that which is under construction/development)—the power system—will remain in surplus capacity, much more than needed. As a result, consumers will be bound to pay for this excess capacity regardless of use, which is currently 900 billion and will rise to 1600 billion by 2030. 

Representatives of public and private Energy companies took part in the event and lauded the efforts of the Institute. The Report was presented to US Ambassador Donald Blome who visited the LUMS Energy Institute to discuss potential collaboration in Green Energy solutions. 

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Huawei has open registrations for students to participate Huawei Middle East Competition 2022

 

 

 

ISLAMABAD: Huawei has opened registrations for the Huawei Middle East ICT Competitions 2022. This is the 7th time the event is happening in Pakistan. Through the Competition, the company aims to provide students with a platform to compete and exchange ideas in order to enhance their ICT knowledge, practical and application skills, and raise their innovation awareness.

 

 

The competition is also a platform that facilitates connections between international talent as well as the collaboration between governmental organizations, higher educational institutions, training agencies, and enterprises, thus promoting the education, growth, and employment of ICT talent. National competitiveness will be increased through developing ICT talent in Pakistan. Upgrades of teaching methods and connectivity with the industrial development will be focused upon. This will direct the students to perceive employer’s perspective by developing their ICT knowledge. Last year, Pakistan teams won first and second place in the Global competition.

Throughout the Huawei ICT Competition stages, contestants receive the latest updates on emerging technologies that are reshaping Pakistan’s digital economy. These include Artificial Intelligence (AI), Big Data, the Internet of Things (IoT), and most importantly 5G broadband—seen as a crucial digital-service enabler. The competition is a unique opportunity for students to test their abilities in these cutting-edge fields, and helps colleges and universities to better understand the talent requirements of today’s top businesses and government leaders.

 

Roadshows and awareness sessions are in full swing and have already been conducted at 80+ colleges and universities all around Pakistan, both onsite and online. To name a few, HITEC University Taxila, University of Peshawar, COMSATS University Islamabad, University of Management and Technology Lahore, SkillMate Multan, Bahria University Islamabad, Corvit Systems Lahore, Ibadat University Islamabad, University of Sargodha and many more. The number of registrations have already reached more than 10,000. 

 

Following the launch of the competition, the preliminary exams will be held in the weeks to come, followed by the national finals and subsequently the regional finals. The competition covers an array of courses like Datacom, Security, Wlan, 5G, Cloud, storage and AI, to name a few. The winners of the regional competition will win 20,000 USD, a Huawei certification trophy, internship opportunities and the Huawei Matepads.

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From Lyari to New York: Eva B Earns a Spot at Times Square NYC as Equal Pakistan’s Ambassador of the Month

From Lyari to New York: Eva B Earns a Spot at Times Square NYC as Equal Pakistan’s Ambassador of the Month

The first Pakistani woman rapper known for consistently breaking gender norms, Eva B has joined an esteemed lineup of women artists as EQUAL Pakistan Ambassador for the month of October

Karachi: Eva B, the first veiled woman rapper in Pakistan, becomes the latest face to feature on a digital billboard at Times Square NYC, as EQUAL Pakistan’s Ambassador for the month of October. Her track Mukhtasir Baatein will be featured on Spotify as part of her accreditation on EQUAL’s local and global playlists.  

Hailing from Balochistan, Eva Baloch, who goes by her pseudonym, Eva B, has been taking the industry by storm dropping hit after hit, with her monthly listeners nearing 400,000 on Spotify and her song  ‘Kana Yari’, clocking more than 10 million streams on the audio streaming platform. 

Taking inspiration from the legendary rappers Eminem and Queen Latifah, Eva B started her career in 2014. She started writing lyrics and posting on social media where she eventually garnered attention and built her following. She has come a long way since then, collaborating with leading names like Ali Gul Pir, Muhammad and Anas Baloch. Her song ‘Rozi’ was even featured in the closing of the first episode of Ms. Marvel TV series.

"I feel super excited and I’m happy to be a part of Spotify's EQUAL program. I feel very proud. Initiatives like these aren’t just important but they are really required - they are the need of the hour," said Eva B sharing her excitement on being featured as EQUAL Pakistan’s Ambassador this month.

Known as the ‘veiled woman rapper’ and a first one at that, Eva finds pride in her veil being an integral part of her identity as an artist. Coming from a conservative background and being raised in Lyari, a neighborhood of Karachi that is gaining reputation for the rise of hip hop, producing iron chin boxers, and top footballers lately, Eva has set a great example for the young generation, especially women, that nothing can stop you if you have the resilience, hard work and persistence to achieve what you want.   

Listeners can explore Eva B’s tracks on Spotify here.

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Mondelez International Facilitates Over 22 million PKR for Flood Rehabilitation in Pakistan

 

Karachi With the entire country standing in unison to aid rehabilitation efforts in flood-affected regions of Pakistan, Mondelez Pakistan Limited, being one of the country’s leading socially responsible corporate entities has played its part by contributing over 100,000/- USD in cash along with in-kind donations to support families in building their homes and livelihoods once again. To ensure that our contribution have been given to the right impacted people, Mondelez Pakistan Limited has partnered with Akhuwat and Pakistan Red Crescent Society (PRCS), both leading institutions in the country working round the clock to facilitate affected people in Pakistan.

Recent flooding across Pakistan affected more than 33 million families and there is a lot more that still needs to be done to return these people to their normal lives. In playing its part, Mondelez Pakistan Limited has disbursed cash donations as well as supplies including clothes, medical supplies, food and a variety of other necessary items to continue facilitating people and their journey towards rehabilitation. The donations will be channeled to assist not just in reconstruction of homes but also to provide sustainable avenues for families to rebuild what they’ve lost and to provide for their loved ones.  

Commenting at the occasion, Mr. Sami A. Wahid - Managing Director, Mondelēz Pakistan Limited has stated; Mondelez Changemakers is our global community involvement program that closely ties to Snacking Made Right and allows us to make an impact by giving back to community. These are trying times for a significant chunk of the population of Pakistan and People have lost their homes, livelihood and loved ones. Although flood waters are receding across the country, there is a lot that still needs to be done. As a nation and more importantly as an empathetic social entity, we at Mondelez Pakistan Limited are pleased to play a role with our partners doing the same for rehabilitation initiatives being carried out across the country.”

While expressing his gratitude, Mr. Kanwar Waseem, PRCS Provincial Secretary thanked Mondelez Pakistan for standing with the people of Pakistan in these testing times. He also added, “The unprecedented floods have played havoc across the country. We need joint efforts for alleviating the sufferings of the flood victims and need speedy compensation for those families who had lost their loved ones and whose property had been damaged during the floods.”

Dr. Amjad Saqib, Founder of Akhuwat also appreciated the contributions of Mondelez International and said “I offer my heartfelt gratitude towards Mondelez Pakistan for their cash and in-kind donation. In this hour of difficulty, the responsibility falls on everyone to share the pain and suffering of the flood victims while also helping them with their difficulties. As a nation, we must work together to rebuild and rehabilitate families from flood affected areas across the country.”

Mondelez Pakistan Limited is organizing extensive efforts to support all flood affected families, including its own employees, who have suffered on account of these unprecedented floods.

Mondelēz Pakistan Limited is a wholly owned subsidiary of Mondelēz International, Inc. which is a world leader in chocolates, biscuits, gum, candy, and powdered beverages. Mondelēz Pakistan Limited portfolio includes flagship brands such as Cadbury Dairy Milk and Tang which enjoy a market leadership position in their respective categories.

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The much-awaited movie “Tich Button” featuring the stellar cast Iman Ali, Feroze Khan, and Sonya Hussyn

The much-awaited movie “Tich Button” featuring the stellar cast Iman Ali, Feroze Khan, and Sonya Hussyn, with Farhan Saeed making his silver screen debut, saw the release of its trailer in a star-studded affair at Arts Council, Karachi under the banner of ARY Films on the evening of Tuesday, 18th of October 2022. The action packed rom-com thriller flick is set to release on 11th November 2022 in theatres worldwide.

The action packed rom com “Tich Button” explores the themes of family drama and, at the same time digs into lots of passion, intrigue, ambition, and friendship struggles that come with life’s journey. With the perfect choice of actors and a strong supporting cast comprising of veteran actors like Marina Khan, Muhammad Qavi Khan, Raheela Agha, Gul-e-Rana, Samia Mumtaz, and Humera, this movie is expected to go big at the box office.

Speaking on the occasion, the executive producer of movie Salman Iqbal commented, “It was such a great experience shooting with an amazing team, and I’m sure this movie will leave the audiences enthralled”.

“The film is a combination of emotion and dreams that plays out like a classic rom-com, with a talented star-studded cast we look forward to see it become a box-office smash”, stated the producer of the film Jerjees Seja on the trailer launch event.

Gracing the silver screen for the first time, Farhan Saeed said, “This is truly an exciting point in my career, working on a major film project with such a talented team is a blessing and I enjoyed every moment of it.”

While the Director Qasim Ali Mureed observed, “For me, ‘Tich Button’ is a labor of love that audiences can relate to. I hope to make more films that give out a positive message along with entertaining people.”

“Thoroughly enjoyed working on my first debut ‘Tich Button’, mostly due to the topic this film is based on. It was a pleasure working with actors who made every day memorable and fun’, said Urwa Hocane, the producer of the highly anticipated movie.

The upcoming movie is produced by ARY Films and Shooting Star Studios, with Salman Iqbal Films at the helm as executive producer and set to release nationwide on 11th November 2022

Watch the official trailer at the link below:

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Builtbyher Hackathon Winners Receive Seed Funding From UBL in support of LMKT and NICK

Builtbyher  Hackathon Winners Receive Seed Funding From UBL in support of LMKT and National Incubation Center Karachi (NICK) to promote Women's Entrepreneurship in Pakistan

 

 

Karachi:-United Bank Limited (UBL) recently collaborated with LMKT and the National Incubation Center, Karachi (NICK) to host the BuiltByHer 3.0 Hackathon. The Hackathon focused on empowering aspiring female entrepreneurs in creating technologies to improve Pakistani women’s economic inclusion, while promoting Science, Technology, Engineering and Mathematics (‘STEM’) education amongst young women.

 

At the event, 13 participating teams pitched innovative solutions driven with the aim of making formal banking accessible and inclusive. The female led teams took the stage and pitched their solutions to a panel of banking and startup industry leaders. The panel included Aliya Ahmed (Head of Digital Channels, UBL), Zohair Saif (Head of Innovation, UBL), Omar Abedin (Project Director, NICK), Sana Shah (Program Manager, NICK) and Faizan Laghari (Managing Director, Bykea). The event was also attended by Sharjeel Shahid, Group Executive-Digital Banking Group, UBL.

 

After an intense round of pitches, the panel of industry experts selected the two submissions that stood out from the rest. 

 

• Team Oval 2.0 won the competition. It took home a seed money prize of PKR 750,000/- for their cutting-edge and innovative solution. Using VR technology, the team gave an immersive look into a complete end-to-end banking experience in the metaverse.  

 

• Team FromHer from Gilgit Baltistan took home the second prize and winning PKR 350,000/-. Their solution focused on training women from far-flung areas in the use of digital banking channels and financial rights and literacy as a whole. 

 

The introduction of such solutions into Pakistan's economic value chain will open up new opportunities for economic growth as more of the under-banked population begins to adapt formal banking solutions.

 

In his address to the audience, chief guest of the event, Mr. Shazad G. Dada, President & CEO, UBL said, “Gender diversity and financial inclusion have always been the top priorities of UBL. We are proud to have sponsored the BuiltByHer Hackathon to support the young women of Pakistan showcase their ideas and talent. As Pakistan’s most progressive and innovative financial institution, we always look forward to participating in initiatives that promote diversity, digital literacy and contribute positively towards the country’s economy.”

 

 

Mr. Atif Rais Khan, CEO of LMKT, lauded the untiring efforts of all the participants, mentors, and judges for coming together as a collective to create a platform for young women to utilize and showcase their talent. He also shared his excitement about partnering with UBL and said, 

 

“Having a banking leader like UBL onboard spearheading the cause for gender inclusion in the economy is an extremely encouraging sign for the country’s future.  The role that women play within our society cannot be understated. We must do our absolute best to provide them the opportunities that they deserve.”

 

BuiltByHer Hackathon 3.0 highlighted the potential of both Pakistan’s creative and driven young women and the economic possibilities that can be achieved through technology and collaboration between industry leaders. UBL and LMKT are committed to supporting the development and implementation of the most promising solutions that ensure the impact of women's inclusion in the entrepreneurial landscape of Pakistan.

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Shell Pakistan announces financial results for Q3 2022

Pakistan: The Board of Directors of Shell Pakistan Limited (SPL) announced the Company’s 3rd quarter results on October 19th, 2022.  The Company posted a loss after tax of PKR 4,644 million for the quarter which translated into the cumulative profit after tax of PKR 2,863 million for the nine months as compared to last year’s profit after tax of PKR 297 million and PKR 2,447 million for the quarter and nine months respectively.

The oil sector felt the impact of macro-economic challenges such as unprecedented devaluation of the Rupee, continued volatility in the international oil prices as well as the impact of devastating floods, which resulted in a reduction in industry volumes.  The Company was able to maintain its market share and remained focused on its strategic priorities, operational excellence, and fiscal prudence.

During the period, the Mobility business, with a strong supply and distribution network, delivered product in a safe and compliant manner at a time when most of the supply routes were severely challenged. The Company is also on track with its network expansion.  

The Lubricants business was successful in increasing market share in the consumer channel, through consumer and influencer interventions; and the B2B channel has demonstrated agility to win new businesses.  

Furthermore, a solar-powered milk refrigeration plant has been built in Basti Katimar, South Punjab, in collaboration with the National Rural Support Program (NRSP), giving 240 dairy farmers access to a milk refrigeration unit. This programme assists dairy farmers in increasing milk shelf life and increasing their own profitability.

Shell Tameer Awards 2022, a nationwide competition was launched to reward and recognize young Pakistani innovators who are working towards fuelling their entrepreneurial passion in the areas of Clean Energy Solutions, Technology Innovations, Empowering Women, Circular Economy, Transportation and Mobility and Bright Ideas. Winning entrepreneurs will get a chance to win seed capital, business mentoring, high value networking and local as well as global recognition through Shell. Campus drives and partner engagements were conducted to create awareness around the program and 253 innovative start-ups and prototype stage ideas were received from across Pakistan.  

SPL remains focused and committed in ensuring that its financial position remains robust and a Goal-Zero approach to safety performance is maintained.  

SPL is also thankful to the Government for timely settlement of the recent price differential claims and looks forward to a positive settlement of the remaining legacy receivables. 

Going forward, SPL will actively work to minimize impact of current challenges and endeavour to capture opportunities to ensure that it plays a key role in developing Pakistan’s energy future.

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Hassan Raheem Becomes the First Featured Artist as #Spotify Launches RADAR Pakistan

 With an exclusive RADAR Pakistan mini-documentary, Hassan Raheem sheds light on various aspects of his life including his rise to global stardom

Karachi, October 19, 2022 – Following up on the success of EQUAL Pakistan, Spotify is bringing yet another program dedicated to nurturing local talents with RADAR. This global artist program exclusively focuses on helping emerging artists reach the next stage in their careers by paving their way to find global fandom. The audio streaming platform is launching Hassan Raheem as the first artist to be part of Spotify's RADAR program in Pakistan, shedding light on his talent as one of the rising vocal stars in the country.

 

Through RADAR, Spotify follows Hassan Raheem in a bespoke mini-documentary that gets up close and personal with him, showing his fans a side of Hassan, they have never seen before.

 

"This is a closer look into my life. About how I started my musical journey, about my friends, about the people I work with and especially my main support, that's my family," says Hassan Raheem in the opening scene of the teaser of Spotify RADAR's mini-documentary as he introduces his fellow musicians, who have assisted him in bringing his music to life, talks about his debut album, and can also be seen giving a virtual tour of his native home that concludes with a heartwarming interaction between him and his mother.

 

Hassan expressed his excitement about joining RADAR, saying: "It all started with me posting a song almost three years ago on Spotify and here we are! I'm truly blessed and honored to be the first RADAR artist of Pakistan. I'm excited to see how Pakistani music will evolve with programs like RADAR and how it will elevate more artists from our country. Thank you to everyone who's been a part of this journey, you know that I truly love you all!"

 

Celebrating one year in Pakistan earlier this year, Spotify shared music trends and data according to which Hassan Raheem had conquered Spotify’s top lists locally. The indie musician, who started his musical career in 2018, was among the top most-streamed artists and had three of his songs, Joona, Aisay Kaisay and Aarzu, topping Spotify's most-streamed local songs list.

 

"We are thrilled to have Hassan Raheem as our first RADAR artist for Pakistan. He continues to be an inspiration for up-and-coming talents, and Spotify RADAR gives the opportunity to artists like Hassan to find and connect with a newer and wider audience, globally," said Khan FM, Spotify's Artist & Label Partnerships Manager for Pakistan, Sri Lanka & Bangladesh.

 

As part of Spotify's RADAR program, Hassan will receive on and off-platform marketing and promotional support, including billboard placements across Pakistan and the inclusion of his track, "Joona", on the RADAR Pakistan playlist. In addition, Spotify will also be supporting his debut album launch later this year.

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#Netflix, Amazon to release a documentary on Pakistan's Sharif Family corruptions

News is trending in social and local media about Sharif family’s corruption that Netflix, Amazon are going to release a documentary on Pakistan's Sharif Family’s corruptions which will be named "Behind Close Doors".

Recently there was also news that one of the top University of Canada also taught its student on corruption giving Nawaz Sharif as one of the example of mega corruption scandals while showing his photo.

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Mobilink Microfinance Bank Limited (MMBL) partners with TPS to boost its Business Agility and Digital Readiness

Mobilink Microfinance Bank Limited (MMBL) partners with TPS to boost its Business Agility and Digital Readiness

 

Islamabad : Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has signed a strategic partnership with renowned global banking solution provider, TPS for the induction of its ground-breaking and all-encompassing digital banking suite to boost business agility and digital readiness. Through this partnership, MMBL is dedicated to transforming its digital payments infrastructure while increasing its efforts toward bringing the unbanked and underbanked into the fold of financial inclusion.

 

Mobilink Microfinance Bank is part of the VEON group, a global digital operator that provides converged connectivity and online services across seven countries. As part of its digital operator strategy, VEON is transforming people’s lives, creating opportunities for greater digital inclusion, and driving economic growth across countries that are home to more than 8% of the world’s population.

 

President and CEO MMBL, Ghazanfar Azzam, and Group CEO TPS, Shahzad Shahid signed the partnership agreement at MMBL Headquarters in Islamabad in the presence of senior management from both organizations. The partnership will further MMBL’s ambition to enhance its digital infrastructure to meet the evolving banking and financial needs of its individual as well as enterprise customers by offering them an array of digital banking solutions including real-time fund transfers, fast and secure login, contactless payments, bulk disbursements, service requests, ATM/branch locator and many more.

 

Under the agreement, TPS, a leading banking solutions provider across 30+ countries in Asia and Africa, will provide MMBL with a state-of-the-art digital banking suite to enable the integration of multiple channels on a single platform. The suite will work as an open Application Programming Interface (API) gateway that will host various banking and payment platforms and serve as a high-speed channel and transaction processing engine to provide an integrated and seamless customer experience.

 

Speaking on the occasion, President and CEO, MMBL, Ghazanfar Azzam said: “Digital technology is transforming to foster greater ease and convenience for its users. Given the centrality of technology to growth and progress, MMBL is keen to stay abreast with this fast-paced transformation to be able to deliver a top-notch user experience to our customers. Our partnership with TPS is an extension of the same commitment where we are looking to integrate the industry's best solutions into our system to further improve our customers’ banking experience with us, besides accelerating our drive to promote financial inclusion in the country.”

 

Also sharing his thoughts, Group CEO, TPS, Shahzad Shahid said: MMBL is amongst a few microfinance banks who are using both traditional and digital approaches for faster and sustainable growth. We feel privileged to be the technology partners of the Bank in many of its successful digital payment initiatives and this project of IRIS Digital Banking Platform will surely accelerate the bank’s progress towards more agility and digital responsiveness." 

 

MMBL is one of the country's leading proponents of digital banking and financial inclusion. Banking the unbanked people, especially women, is one of the foremost strategic priorities for the bank that has come to fruition in the form of several women-owned and led businesses nationwide. The Bank is dedicated to revolutionizing the digital banking ecosystem by creating an inclusive environment that offers fast, safe, and secure services for all its customers.

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Meezan Bank introduces Wisaaq - Pakistan's First Digital Supply Chain Financing Platform

Meezan Bank introduces Wisaaq - Pakistan's First Digital Supply Chain Financing Platform, in Collaboration with Coca-Cola Beverages Pakistan Limited (CCI Pakistan), Powered by Haball

 

KARACHI, Pakistan, Oct. 18, 2022: Meezan Bank, Pakistan’s Leading Islamic Bank and Coca-Cola Beverages Pakistan Limited (CCI Pakistan) have joined hands to launch a digital supply chain financing platform in partnership with Haball, an Islamic B2B Fintech that digitizes business payments to enable a cashless and digital supply chain. Coca-Cola Beverages Pakistan Limited is a subsidiary of Coca-Cola Içecek (CCI) which is currently operating in 11 countries across the globe. The event was attended by Dr. Inayat Hussain - Deputy Governor, State Bank of Pakistan, Mr. Irfan Siddiqui – Founding President & CEO, Meezan Bank, Mr. Erdi Kursunoglu - Director Finance, CCI Pakistan and Mr. Omer Bin Ahsan - CEO, Haball along with their respective teams.

 

As a first in the industry, CCI Pakistan will unveil Wisaaq’s Digital Financing Platform for their distributors across Pakistan who shall be able to avail Shariah-compliant financing through Meezan Bank. The facility will enable CCI Pakistan distributors to improve their working capital while expanding their operations. By entering into this venture, Meezan Bank aims to support SMEs in Pakistan, ensuring financial efficiency and stability of the supply chain, eventually fueling growth of the economy. The Bank’s collaboration with CCI Pakistan will also allow exchange of expertise and networks from two different industries, that will create sustainable business opportunities for retailers.

 

On the occasion, Mr. Irfan Siddiqui - Founding President & CEO, Meezan Bank commented, “Meezan Bank is fully committed to Shariah-compliant financing and is pleased to collaborate with Haball for developing a digital financing platform to reach CCI Pakistan’s small & medium sized distributors, and their linked retailers. This partnership will act as a precursor to grow the country’s most important SME segment.”

 

Mr. Erdi Kursunoglu - Director Finance, CCI Pakistan added, “This cashless supply chain solution under Wisaaq is not just a digital transformation but also a business transformation. This partnership would create a win-win solution mainly for the SMEs in Pakistan. However, we believe, the biggest winner of this initiative will be the national exchequer”.

 

Mr. Omer Bin Ahsan - CEO, Haball mentioned, “The launch of Wisaaq is a huge achievement not just for us, but for the entire financial services industry, corporates, as well as SMEs. It wouldn’t have been possible without our partners Meezan Bank, CCI Pakistan, and State Bank of Pakistan.”

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Zeb Bangash performed to raise funds for flood effectees in Pakistan at TUFTS university

Pakistan:- Azaadi', a concert to raise funds to facilitate flood relief efforts in Pakistan. Zeb Bangash took to the stage the Alderman Arts Center at Tufts University held recently.

 

On special invitation from Prof. Ayesha Jalal and as part of the Harvard - Tufts Conference to mark the 75th anniversary of independence and partition titled ‘Empire, Nation, Federation: South Asia’s Freedom in Global Perspective’,  

The performance received not only a standing ovation but also an encore from an august gathering. A wonderful conference with superb intellectual contributions and a fabulous musical performance by Zeb Bangash.”, remarked Dr. Sen

"As India and Pakistan turn 75, so does their unique equation. ‘Azaadi’ is my personal bid to celebrate the shared cultural richness of the subcontinent. Music has always helped me transcend boundaries  and ‘belong’– it’s been a freeing experience, and a privilege, to access  audiences across South Asia even in times of estrangement; which is why I am deeply honoured and humbled to be given the opportunity to take the stage at Tufts at this very special gathering.” says Zeb.

Zeb who through her music has become one of the region’s most loved voices, curated for the performance a multilingual set-list that began with ‘Maula Maula’ and concluded with ‘Paimona’ with an interlude of ‘Roshe’ and ‘Chan Kithan’ among a host of other classics, showcased her versatility of style, genre and language. Zeb's performance included her well known signature tunes such as ‘Aaja Re Moray Saiyyan’, as well as rare inclusions such as her rendition of Majaz Lakhnawi’s famous poem ‘Awaara’ and ‘Wahan Kahn Hai Tera’ an ode to the iconic Sachin Dev Burman. The repertoire for the evening seemed to be a reflection on the concept of the theme and Zeb’s trained vocals easily flowed through the varied genres languages and styles.

"Zeb Bangash's enchanting voice mesmerized the audience of scholars and students in a packed Distler Performance Hall at the Harvard-Tufts Conference on the 75th anniversary of South Asia's freedom. Her soulful and uplifting music enables us to cross so many lines of difference in today's troubled times." says, Prof. Sugata Bose of Harvard University.

Prof. Jalal summed up Zeb’s showcase very aptly: "A wonderful and scintillating performance that was joyous, soulful and entertaining. Zeb is at the peak of her singing career. We are very fortunate to have had a chance to hear her sing live."

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PTCL Group, Evision Ink Deal To Launch Video Streaming Platform In Pakistan

Pakistan Telecommunication Company Ltd. (PTCL) and Ufone 4G, subsidiaries of Etisalat e&, have signed an agreement with evision to launch a video streaming platform in Pakistan.

The new digital video over-the-top (OTT) platform will host a vast collection of Hollywood and Pakistani entertainment content besides a variety of national and international news and sports channels, thereby catering to the diverse news and entertainment needs of everyone in the family.

Evision, too, is the media and entertainment wing of the UAE's largest telecom services provider.

Adnan Anjum, group chief commercial officer of PTCL and Ufone, and Olivier Bramly, CEO of evision, inked the agreement during Gitex Global 2022 in Dubai.

President and Group CEO, PTCL & Ufone, Hatem Bamatraf and Chief Executive Officer, e& life, Khalifa AlShamsi were also present. evision is the media and entertainment wing of global telecom giant, e& and the leading provider of media and entertainment content in the MENA region.

Hatem Bamatraf, president and group CEO of PTCL and Ufone, and Khalifa Al Shamsi, chief executive officer of e& life, were also present at the signing ceremony.

The evision-led consortium has majority shares in the leading video streaming platform in Mena, StarzPlay that will technically help the PTCL Group with deploying the new Digital Video OTT Platform to host movies and seasons from leading Hollywood studios in addition to Pakistani films and dramas to cater to a wide range of viewership in the country.

Bamatraf said:“I am grateful to evision for their support in this initiative that furthers our efforts to diversify our services and positively impact more aspects of our customer's lives. Technology is the most effective enabler of our age, and we continuously strive to harness its potential for our customers' benefit. We find news and entertainment a huge part of our people's lives and it offers us a good opportunity to reinvent television and online streaming experience to bring them more control and choice in their viewing.”

AlShamsi, said:“Evision is the leading media and entertainment content aggregator in the MENA region. We are glad to work with the PTCL Group to extend our services to the people of Pakistan to help them enjoy high-quality content with greater ease and access. Pakistan is a huge market that needs a homegrown video streaming platform that can better understand the people's choices and preferences and caters to them accordingly.”

The new video streaming platform will be accessible to all data subscribers in addition to PTCL and Ufone users at affordable prices.

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PTCL Group’s Strong Financial Performance: 8% YoY Revenue Growth in 2022

PTCL Group, the country’s leading telecom and ICT services provider, has announced its financial results for the nine months ended September 30, 2022, at its Board of Directors’ meeting held in UAE on October 13, 2022.  

PTCL Group remained on the growth trajectory during the third quarter as its fixed and wireless streams continued to perform positively.  

PTCL Group Financial Performance 

• Revenue has increased by 8% to PKR 110.5 billion YoY, mainly driven by strong performance in the consumer segment led by fixed broadband, mobile data, and wholesale & business solutions, along with microfinance services. 

• The Group’s profitability remained under pressure due to significant hike in power and fuel tariffs, devaluation of the Pak Rupee against USD, higher interest rates, and other costs associated with the acquisition of 4G spectrum and related network rollout. The Group has posted a net loss of Rs 5.6 billion.

• PTCL continued its growth momentum by posting 6.7% YoY revenue growth.

• PTML’s (Ufone) revenue grew by 5.4% as compared to the same period of last year. 

• U Bank has achieved a 29.8% growth in its revenue over the same period of last year.  

PTCL Financial Performance  

• PTCL’s revenue of Rs 61.1 billion for the period is 6.7% higher than 2021, mainly driven by growth in broadband and wholesale & business solutions segments.

• The company has posted an operating profit of Rs 3.2 billion, which remained under pressure compared to last year mainly due to increase in operating costs on account of significant hike in power and fuel tariffs. 

• Net Profit of Rs 8.2 billion for the period is 45.2% higher as compared to the same period of last year. Increase in non-operating income, due to translation gain on the Company’s forex denominated assets, dividend income from a subsidiary and gain on disposal of obsolete assets due to upgrade and fiberization of network, has helped turn the 12.4% decrease at operating profit level to a 45.2% increase at the net profit level. 

PTCL Consumer Business 

During the first 3 quarters, the company’s fixed broadband business grew by 11.7% YoY. Within the broadband business, revenues from Flash Fiber, the company's premium FTTH service, showed significant growth of 98.7%. IPTV also showed 8.6% growth YoY. Voice revenue stream has seen a decline due to lower voice traffic and continued conversion of customers to OTT services.

PTCL continues to perform consistently with enhanced customer experience through the company’s seamless fixed broadband, including the fastest internet service in Pakistan through the Flash Fiber brand. PTCL has expanded its FTTH services in 35 cities, and the subscriber base has doubled on a YoY basis as the company continues to tap into the demand for growing internet and data services. 

PTCL Business Solutions

While continuing momentum with overall YoY revenue growth of 8.8%, the business solutions segment sustained its market leadership in IP bandwidth, Cloud, Data Center, and other ICT services. PTCL’s corporate business grew by 13.0% as compared to last year. Within the wholesale business segment, carrier revenue grew by 16.2% but the overall wholesale segment revenue has declined as a result of closure of certain international IP leased circuits. International revenue, helped by the favorable impact of currency devaluation, has increased by 13.9% over last year. 

PTML (Ufone) Financial Performance 

• PTML’s (Ufone) revenue grew by 5.4% as compared to the same period of last year. 

• Data remains the main driver of growth for Ufone through continued investment to expand 4G coverage and conversion of customer base to 4G. As a result, Ufone achieved 3.5 million 4G net adds this year.

• Ufone has posted topline growth despite the challenges of increase in Advance Income Tax (AIT) and reduction in Mobile Termination Rates (MTR) and recent floods in the country. 

• External factors like the devaluation of Pak Rupee, rising interest rates and hike in power / fuel tariffs have adversely impacted Ufone’s bottom-line.

• During the second quarter, VIS Credit Rating Company has assigned initial entity ratings of ‘AA-/A-1’ (Double A Minus/A-One) to Ufone with outlook on the assigned ratings as ‘Stable’. This acknowledges the financial strength of Ufone through an independent rating exercise which also denotes high credit quality and good fundamental protection factors and is a testimony of stakeholders’ confidence in Ufone.

U Bank Highlights 

UBank, the microfinance and branchless banking subsidiary of PTCL, continued its growth trajectory and achieved 29.8% growth in its revenue over last year by deepening its advances and investment portfolio, despite the challenging macro-economic situation, further exacerbated by the recent flood. The balance sheet footing of the bank reached Rs 122 billion as the bank continued to diversify its asset classes and funding streams while ensuring positive bottom-line impact. As the six business canvases of the bank, namely: Rural Retail Banking, Corporate Finance & Investment Banking, Islamic Banking, Urban Retail Banking, Corporate Banking and Digital Banking take their distinct forms and structures, this year will witness Ubank emerging as a Retail Challenger Bank aiming to extend banking services in accordance with the unique needs of its diverse and heterogenous clientele. With the core mission of microfinance at its heart, the business model of the bank is evolving to capture new segments and customer classes to include more of Pakistan into the banking net and further its ambition of financial and social inclusion.

Corporate Social Responsibility

Being a national carrier and a Pakistani company, PTCL Group during the recent floods has contributed significantly towards the relief and rehabilitation of flood-affected communities across Pakistan. PTCL Group has taken multiple initiatives including donation to PM’s Flood Relief Fund, collaboration with NGOs, PTCL opening the doors of its medical centers nationwide to provide emergency health and care to the affected communities and Ufone 4G offering free calls to help people stay in touch with their friends and family. Ends 

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Fiji Muslim League donates USD 50,000 for flood relief in Pakistan

 

The Fiji Muslim League (FML) has made a collection of Fijian Dollars 100,000.00 (USD50,000) to assist the Pakistani communities, who have been severely affected by the recent floods.

 

FML launched the Pakistan Flood Appeal in September to raise funds for the affected families.

 

Speaking on behalf of FML, Mr. Saud Minam said the Fijian community understands the impacts of such disasters and the need for assistance in the aftermath of the devastating weather conditions.

 

“Climate change related impacts such as tropical cyclones and devastating floods are common for Fiji. Hence, we realize the immediate need for humanitarian assistance for impacted families,” said Mr. Minam.

 

“We stand together with our Pakistani families during this difficult time and with these funds, we hope to make a difference in the life of those affected by the floods.”

 

“Our prayers are with all who have been impacted by the severe weather conditions”, Mr. Minam added.

 

Founded in 1926, the Fiji Muslim League is a religious and social organization based in Suva, Fiji. It has contributed extensively to the education system in Fiji, in particular helping deserving Muslim students for tertiary studies through loans.

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TECNO Initiates #ColorChangingMobile campaign on Tiktok with Top Influencers in Pakistan

TECNO, an innovative smartphone brand, has initiated a fun campaign on Tiktok with the hashtag #ColorChangingMobile. The latest TECNO Camon 19 Pro Mondrian edition features polychromatic isomer technology which changes its colors while exposed to sunlight creating a vivid light-chasing experience. 

Many of the famous Tiktok Influencers like Areeka Haq, Haris Ali, Aiman Zaman, and Minahil Malik have taken the challenge and posted interesting videos on their platform. The Influencers are grooving in the chic costumes designed by the famous brand BTW in collaboration with TECNO to show off their transformation in a trendy style.

The widely accepted Camon 19 Pro Mondrian edition became the center of attention upon entering the market as the first color-changing phone in Pakistan. The hashtag #ColorChangingMobile was also rolling over social media since the launch of the phone and made the top trend over Tiktok. 

Kelvin Zeng, the CEO of TECNO Mobile Pakistan was overjoyed on this occasion and said: 

“TikTok is widely used amongst millennials. However, TECNO with its customized product ideas has always tried to develop a connection with them. This alliance of technology fusion with BTW is yet another effort to engage the youth and provide them with the best quality products.”

TECNO has a history of creating trends and collaborating on TikTok to engage its fans. #ColorChangingMobile has proved, yet again to be a successor of #ShowYourSpark and previous campaigns like #SparkTheSpeed, #TECNOSpark4more, #CamonShow, and more. So, wait no longer, upload your video to be a part of this fancy campaign!

The trendy platform Tiktok has always been a source of great entertainment for youngsters.  If you want to have the stylish fusion costume made by the collaboration of TECNO Mobile and  BTW, then follow the transformation video and upload it on your Tiktok with #ColorChangingMobile. As the campaign unfolds, incredible surprises await participants and fans.

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Jazz Partners with OPay to Become the first Mobile Operator to Launch e-Pins on POS Machines

Islamabad: Jazz, Pakistan’s largest digital operator and the largest internet and broadband service provider, has partnered with OPay, a fast growing mobile payment Fintech company, to offer e-pin facility on point-of-sale (POS) machines through e-pins. Jazz is the first local digital operator to provide an e-pin service, in addition to scratch cards, offering customers a contemprorary approach to top-up their mobile credit. 

Deploying Jazz e-pins on OPay’s current active footprint of 10,000 POSM enables consumers with a secure and user-friendly method to process top-up payments at frequently visited outlets such as petrol stations, pharmacies, and shopping stores. E-pins can be purchased from OPay’s POS-merchants and will be printed on the bill invoice to verify transaction. The goal of this strategic partnership is to increase e-pins to digitize channels across Pakistan, enhancing the customers experience. OPay has plans to widely expand its POS network and that would help a long way for the partnership to grow.

“This partnership further augments accessibility and convenience for our customers to purchase Jazz services through OPay's secure and reliable platform. We will continue to forge partnerships to maintain optimum customer experience,” said Asif Aziz, Chief Commercial Officer, Jazz. 

“After remarkable success in Africa, OPay, in conjunction with Jazz, is eager to make an impact in Pakistan by bringing a superior and innovative digital experience to accelerate the financial well-being of all Pakistani customers. Through this collaboration, Jazz will enable merchants to increase customer engagement and attract incremenetal customer traffic and revenue for their businesses”, said Zeb Khan, OPay Pakistan's Vice President.

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Ordercall signs MoU with ICMAP to optimize talent acquisition

Ordercall signs MoU with ICMAP to optimize talent acquisition

Karachi: One of Pakistan's fastest-growing B2B marketplaces, Ordercall, has signed an MoU with ICMAP, the Institute of Cost and Management Accountants of Pakistan. The agreement was signed by Mr. Amir Aijaz Khan, Executive Director, ICMAP and Farhan Hidayat, Head of People and Culture, Ordercall. 

The partnership will strengthen Ordercall’s talent acquisition and management capabilities, create strategic networking opportunities and facilitate employee engagement through ICMA’s extensive experience in the field of management accountancy. The companies will work closely to empower Pakistan’s 2 million+ retailers and digitize B2B conventional retail trade.

https://wave-tv.blogspot.com/2022/10/ericsson-pakistan-launches-graduate.html

Commenting on the alliance, Farhan Hidayat said, "Ordercall’s people lie at the heart of its business. We are pleased to partner with one of Pakistan’s most prestigious institutions to fuel our mission with the right talent and create a long-term positive impact.”

Mr. Amir Aijaz Khan said, "ICMAP’s vision is to be the preference in value optimization for business. We look forward to strengthening Ordercall’s competencies and creating leaders for B2B e-commerce industry.”

https://wave-tv.blogspot.com/2022/10/huawei-welcomes-visitors-to-explore.html

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Ericsson Pakistan launches Graduate Program to nurture the technology leaders!

• The Graduate Program offers young, talented, and innovative minds learning and career development opportunities.
• The Graduate Program provides on-the-job, project based, classroom training, and online learning to facilitate digital progress within the realm of advanced connectivity era.

 

Ericsson (NASDAQ: ERIC) has announced the launch of its graduate program in Pakistan to offer young talents world-class learning and career development opportunities. The Ericsson Pakistan Graduate Program is focused on nurturing Pakistan’s technology leaders of tomorrow.

 

With experts from Ericsson training and supporting young Pakistani talent, the Ericsson Pakistan Graduate Program provides on-the-job, project-based, classroom training, and online learning in Information and Communications Technology (ICT) and advanced technologies within the advanced connectivity era and as a contribution to the Digital Pakistan Policy.

 

The graduates are gaining valuable work experience, skills and knowledge that enable graduates to gain professional project-based knowledge, in a fast-changing ICT sector.

 

Aamir Ahsan Khan, President and Country Manager of Ericsson Pakistan says: “Ericsson has been in Pakistan for 60 years and giving back to society is one of our strong pillars. The Ericsson Pakistan Graduate Program enhances the skills and knowledge of the young and bright graduates while empowering them as technology experts. The youth are the catalysts to the realization of the Digital Pakistan Policy and will lead Pakistan’s digital future in different areas like FinTech, Internet of Things, Cloud Computing, Artificial Intelligence, and more. The graduates have great potential, and we are looking forward to their success.”

 

The young, curious, and innovative graduates are working alongside world-class industry expertise at Ericsson and are supporting the development of projects that are changing the world of communication in Pakistan and the region.

 

Graduates interested in the program can visit https://www.ericsson.com/en/careers/student-young-professionals  to know more about future opportunities that Ericsson offers young professionals.

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