Ericsson and MediaTek top upload speed record with Uplink Carrier Aggregation

 Ericsson and MediaTek top upload speed record with Uplink Carrier Aggregation

Ericsson and MediaTek have set a new 5G upload speed record of 440 Mbps in low-band and mid-band spectrum using Uplink Carrier Aggregation. The zippy uplink speed brings better, smoother experiences for the likes of video conference users, streamers, and their audience with more frames per second and higher image resolution.

 

The record uplink speed was achieved in an interoperability development test at an Ericsson lab. The test was performed with RAN Compute Baseband 6648 and a mobile device using MediaTek Dimensity 9200 flagship 5G smartphone chipset. The Uplink Carrier Aggregation combination involved a frequency division duplex (FDD) and time division duplex (TDD) channel, in a frequency range widely deployed in today’s 5G networks.

More precisely, the combination used was 50MHz FDD n1 and 100MHz TDD n77. By aggregating these two bands, communications service providers can considerably increase their uplink speeds, resulting in better network performance and user experience.

Sibel Tombaz, Head of Product Line 5G RAN, Ericsson, says: ”Super-fast uplink speeds make a big difference in the user experience. From lag-free live streaming, video conferencing and AR/VR apps, to more immersive gaming and extended reality (XR) technologies.”

“The 440 Mbps upload speed achieved by Ericsson and MediaTek will help make that difference,” she adds. “We are also continuously designing innovative solutions for optimizing 5G networks so our customers can make the best use of their spectrum assets.”

Service providers are seeking innovative ways of boosting capacity while using existing spectrum efficiently to meet growing demands for wireless data and applications. This is where carrier aggregation comes in, optimizing the service provider’s spectrum assets to bring to users better coverage, increased capacity, and higher data speeds.

HC Hwang, General Manager of Wireless Communication System and Partnership at MediaTek, says: “The successful result of combining Ericsson’s state-of-the-art 5G Baseband and MediaTek’s flagship smartphone chip has achieved another 5G industry milestone, and paves the way for superior mobile experiences to benefit users every day.”

Uplink speed is becoming more crucial with the expected uptake of gaming, XR, and video-based apps. For example, as AR devices gain popularity with larger augmentation objects, rendering becomes more demanding. This increases the demand on networks to deliver higher throughput and lower latency.

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Pakistani Students took top positions in Huawei ICT Competition 2022-2023 Global Final Held in Shenzhen, China

Pakistani Students took top positions in Huawei ICT Competition 2022-2023 Global Final Held in Shenzhen, China

 

146 Teams from 36 Countries and Regions Win Awards in this competition

 

PAKISTAN: -The Huawei ICT Competition 2022-2023 Global Final concluded in Shenzhen, drawing to a close the seventh instalment of this competition. The first to be held in person since 2019, the event’s culmination was a competition between finalists in 146 teams from 36 countries. Before the Final, more than 120,000 students from more than 2000 universities in 74 countries and regions around the world took part in the ICT Competition.

The students from Pakistan won the second and third prizes in the Network Track and third prizes in the Innovation Track at the Huawei ICT Competition 2022-2023 Global Final concluded recently at Huawei Headquarters in Shenzhen, China. The winner of the second prize in the Network Track comprised of Muhammad Faeez, Asad Anwer and Faheem Yar Khuhawar from Mehran University of Engineering and Technology Jamshoro and Maryam Fareed from Lahore College for Women University while the team made of Fatima Shafique from Mehran University of Engineering and Technology Jamshoro, Eman Yaqoob from Lahore College for Women University, Umar Raza from FAST-nu Islamabad and Muhammad Zubair from University of Engineering and Technology Lahore bagged the third prize in the same category, among other teams globally.

Additionally, both Team Glam from Pakistan comprising Hasan Ali Khattak, Moaaz Tameer and Sidra Farooqui and Team Quran Ustads comprising Minhal Zafar, Hyder Ali, Muhammad Shaheer and Noor-ul-ain from FAST - National University of Computer and Emerging Sciences, Islamabad won the third prize in the Innovation Track, among other teams globally.

 

This year, the proportion of female contestants in the global final exceeded 21%, an increase of 8% compared to three years ago.

Shunli Wang, VP of Huawei Middle East & Central Asia said, "I would like to congratulate all the winning teams from Middle East. Digital talents and skills will be the foundation for the digital economy development- a key part of Middle East countries future plans and visions- and Huawei will continue to be committed to build the ICT ecosystem with a focus on local talents nurturing and bringing ICT education resources to more academies and universities in the region.”

Stefania Giannini, UNESCO Assistant Director-General for Education, sent her wishes for the Huawei ICT Competition through a video. She said that Huawei ICT Competition not only improved students' digital skills, but also explored feasible solutions for the sustainable development. She expressed that UNESCO fully supports Huawei's efforts in the education industry to improve global connectivity and digital skills.

Teams from the Middle East and Central Asia performed with distinction at this year’s event. Apart from the Pakistan teams, the teams from the UAE and Kazakhstan won the first prize in the Network Track while teams from Iraq, Jordan, and Bahrain won the second prize in the Network Track among other teams globally. Additionally, the team from Saudi Arabia won the third prize in the Network Track among other teams globally, and the teams from Jordan and Kazakhstan won the third prize in the Cloud and Innovation tracks.

The Huawei ICT Competition aims to provide a platform for global college students to compete and communicate with each other in the ICT field. As of the end of 2022, Huawei has cooperated with 2200 universities to build Huawei ICT Academies, helping to train more than 200,000 students each year. Since its initial launch in 2015, more than 580,000 students from 85 countries and regions around the world have participated in the competition.

 

Globally Huawei is committed to build 7,000 Huawei ICT Academies in total by 2026, train more than 1 million students every year, greatly improving students' digital literacy and skills for a more dynamic and inclusive digital world. In the Middle East region alone, Huawei has trained over 150,000 ICT talents and are committed to achieving more in collaboration with its partners while over 57,000 people have obtained Huawei certification. Also, the number of Huawei ICT Academies in the region has reached to186.

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Ericsson retains top ranking in Frost Radar™ Global 5G Network Infrastructure Market 2023 Report

Ericsson retains top ranking in Frost Radar™ Global 5G Network Infrastructure Market 2023 Report

Ericsson has been ranked as the leader in the Frost Radar™ 5G Network Infrastructure Market 2023 report for the third consecutive year, showing that the company’s enhanced efforts to invest in technology leadership for customers’ benefit continue to pay off.

 

Apart from retaining its top ranking, Ericsson has also gained important recognition for developing energy-efficient 5G RAN solutions that cater to customers’ needs.

Maintaining top ranking in the Frost Radar™ report over the past years has shown Ericsson’s consistent ability to scale its innovations and growth in the field, according to the yearly report from business consulting firm Frost & Sullivan. It also reaffirms Ericsson’s leadership in the 5G network infrastructure market, which spans radio access networks (RAN), transport networks, and core networks.

 

 

 

 

 

Frost Radar graph: 5G Network Infrastructure Report 2023

Fredrik Jejdling, Executive Vice President and Head of Networks at Ericsson, says: “It is rewarding to see our sustained efforts to increase the energy efficiency of Ericsson 5G solutions recognized in this Frost Radar report. We will continue to invest in technology leadership centered on innovation, openness, and growing our customers’ business.” 

Commenting on Ericsson’s top result, Troy Morley, Industry Principal, at Frost & Sullivan’s Information & Communication Technology group, says: “Ericsson has proven its ability to scale its innovations globally with 2G, 3G, 4G, and now 5G. The company invests significant amounts in R&D, and this is essential in a market in which technology is always evolving.“

Ericsson currently powers 145 live 5G networks in 63 countries, which is the highest level that Frost & Sullivan has seen publicly reported.

“As a leader in the 4G infrastructure market, Ericsson enters the 5G market with a large customer base,” says Morley. “The company has done an excellent job keeping its current customers and adding new customers.”

Commenting further on the report, Morley says: “Energy efficiency is now the buzzword. While early 5G RAN solutions focused on proving the technology, Ericsson’s current 5G RAN solutions tout being smaller and lighter and saving energy, which is answering its customers’ needs.”

The Frost Radar™ report independently evaluates companies with a significant influence on the market in a particular industry. The Innovation and Growth scores are used to rate a company’s focus on continuous innovation and ability to translate innovations into consistent growth, as highlighted in the Frost Radar™ methodology. The report plots top industry participants, standing out among companies positioned as the overall market leaders, leaders in a market segment, or thought leaders in a specific segment.

In related news announced in March, Ericsson was also named a leader in the 2023 Gartner® Magic Quadrant™ for 5G Network Infrastructure for CSPs report.

Download the full report: Frost Radar™: Global 5G Network Infrastructure Market, 2023

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Fly Jinnah increases flight frequency between Karachi and Islamabad

Fly Jinnah increases flight frequency between Karachi and Islamabad

Pakistan: Fly Jinnah, Pakistan’s new low-cost carrier (LCC), today announced an increase in flight frequency between Karachi & Islamabad effective from June 1, 2023. The airline will now operate three daily flights per week, providing travelers with greater convenience and flexibility.

Now schedule of 3rd flight to Islamabad, effective June 1, 2023 (all times local):

As the summer season approaches, the demand for affordable and reliable air travel options between the two major cities continues to grow. Fly Jinnah aims to enhance connectivity and meet the needs of both business and leisure travelers, ensuring a seamless travel experience.

Fly Jinnah remains committed to providing reliable and comfortable travel at competitive prices while prioritizing passenger experience by offering quality service, efficient operations, and more connectivity. At present, Fly Jinnah connects five major cities of Pakistan including Karachi, Lahore, Islamabad, Peshawar, and Quetta.

The carrier currently operates a fleet of three modern Airbus A320 aircraft. Adding extra comfort to our passengers, providing the most generous seat-pitch of any economy cabin. The aircraft is also equipped with “SkyTime”, a free in-flight streaming service that allows passengers to stream a wide selection of entertainment directly to their devices. On top of that, passengers can enjoy a wide varieties of delicacies between snacks, sandwiches and meals from the on-board “SkyCafe” menu at affordable prices.

Customers can now book their flights by visiting Fly Jinnah’s website (www.flyjinnah.com), by calling the call centre (021-3565096) or through travel agencies.

 

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Zong 4G's offers International Roaming to make lives easier for all pilgrims traveling to Saudi Arabia

 

Zong 4G, Pakistan's leading telecommunications company, has launched its Saudi Arabia Roaming Offer to facilitate pilgrims traveling to Saudi Arabia. This offer enables travelers to stay connected with their loved ones back home while they travel anywhere within Saudi Arabia.

Zong 4G has introduced this offer with the intent that customers stay connected with their friends and family throughout their stay in Saudi Arabia whether for pilgrimage or for business. The offer includes affordable roaming rates for data, voice, and SMS services, making it easier for travelers to stay in touch. For only Rs. 1700 plus tax subscribers can get 30 minutes, 30 SMS, and 1 GB of data for seamless connectivity throughout their stay in Saudi Arabia. Additionally, for Rs. 4200 plus tax Zong 4G gives 60 minutes, 60 SMS and 3 GB and for Rs. 6600 plus tax, 90 minutes, 90 SMS and 5 GB internet.

 

Saudi Arabia Voice + Data Roaming Offer	30 Mins, 30 SMS and 1 GB	1700 +T	15 Days
Saudi Arabia Voice + Data Roaming Offer	60 Mins, 60 SMS and 3 GB	4200 +T	30 Days
Saudi Arabia Voice + Data Roaming Offer	90 Mins, 90 SMS and 5 GB	6600 +T	45 Days

 

 

Zong 4G's roaming services in Saudi Arabia also offer customers the additional benefit of WhatsApp audio and video calls, which are not available on local operators in Saudi Arabia. This means that customers can easily communicate with their loved ones back home without worrying about additional charges.

Commenting on Saudi Arabia offering, the company's spokesperson said, "At Zong 4G, we are committed to providing our customers with the best possible services and solutions to meet their needs. We understand that staying connected with loved ones is essential, especially during pilgrimage, which is why we have launched this special offer for our customers."

The Saudi Arabia Roaming Offer is available to all Zong 4G customers and for further tariff details and subscriptions, customers can dial *1234#, subscribe through the Zong website (https://www.zong.com.pk/international-roaming) or My Zong App.

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Alibaba.com Joins Forces with TEXPO 2023 to Foster Growth of Local E-commerce Textile Businesses

Alibaba.com Joins Forces with TEXPO 2023 to Foster Growth of Local E-commerce Textile Businesses

Karachi: Global business-to-business (B2B) e-commerce platform Alibaba.com today announced that it will participate in the 4th International Textile Exhibition (TEXPO 2023) to be hosted by the Trade Development Authority of Pakistan (TDAP) from 26-28 May 2023, with an aim of connecting Pakistani textile exporters with its community of more than 40 million buyers worldwide. 

The three-day TEXPO 2023 is set to provide a platform for industry players to showcase their offerings to a global audience, establish valuable connections and explore collaborations. During the event, Pakistani suppliers and manufacturers in the textile industry are welcome to visit the Alibaba.com showcase on-site to learn about the opportunities presented by B2B e-commerce and the digital tools provided by Alibaba.com that can help exporters go global.

With its commitment to supporting local SMEs in the digital era, Alibaba.com has already witnessed the growth of many textile exporters in Pakistan. Among them are Aziz Ur Rehman and Sadia Aziz, whose baby apparel business has grown tenfold to surpass PKR 10 million in annual export volume in 2021 since joining Alibaba.com in 2020. Their e-commerce journey on Alibaba.com stands as a testament to the transformative power of digitalization and the vast opportunities available from the online export market.

Textile industry players looking to expand to international markets are encouraged to get in touch with Alibaba.com representatives at booth 1-55 during TEXPO 2023.

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Standard Chartered Bank, Mastercard sign exclusive strategic partnership to accelerate payment innovation in Pakistan

Standard Chartered Bank Pakistan Ltd. and Mastercard have signed an exclusive strategic partnership to accelerate payment innovation in Pakistan. This partnership is expected to expand the Bank’s existing offerings and fuel the growth of the digital payment landscape across the country. Building on a long-standing partnership, Mastercard has once again become the preferred and exclusive partner for Standard Chartered for all consumer and commercial debit and credit portfolios.

The collaboration also includes the launch of Mastercard’s World and World Elite cards, targeted at ultra-high-net-worth individuals (UHNWI), offering priceless lifestyle and travel benefits and experiences. These include access to select luxury experiences, shopping opportunities in cities around the world, discounted car rental and chauffeur services, complimentary nights at select hotels and resorts, as well as access to premium airline services. Saadya Riaz, Head CPBB, Standard Chartered Pakistan said, “Our partnership with Mastercard reflects our commitment to offering our customers – best in class products and solutions with value-added benefits and a differentiated, digital-first client experience.”

Andrew Pugh, Vice President, and Head of Global Key Account Management, EEMEA, at Mastercard said, “We are delighted to extend our long-standing partnership with Standard Chartered. It is only through forging strategic collaborations like these that we can achieve sustainable and inclusive growth, building a more connected ecosystem and thriving world beyond cash, where everyone has equal access to a better life.”

Strengthening the collaboration with Standard Chartered further underscores Mastercard’s commitment to helping financial institutions diversify their payments’ solutions portfolio. Such efforts fall in line with Mastercard’s global pledge to bring a total of 1 billion people and 50 million micro and small businesses into the digital economy by 2025. With investments in new and secure products that cater to the needs of a cross-section of consumers, Mastercard continues to make steady strides in fostering a robust cashless economy. Together, Standard Chartered Bank and Mastercard are committed to responding to changing consumer behaviour by offering the Bank’s customers the latest in payments’ innovations and bringing to them a market-leading portfolio of products and propositions that make everyday purchases secure, seamless and rewarding.

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CASE awarded the Asia-Pacific Leadership Award to Dr. Arshad Ahmad, Vice Chancellor of LUMS

A first for LUMS Advancement of Education in the Asia-Pacific Region

Lahore: The Council for Advancement and Support of Education (CASE) has awarded the Asia-Pacific Leadership Award to Dr. Arshad Ahmad, Vice Chancellor of LUMS. Dr. Ahmad is the first recipient of a South Asian university to receive the award in recognition of his efforts to promote education and institutional advancement.

Mr. Shahid Hussain, Rector of LUMS, noted, “Over the years, LUMS has emerged as a model for how a small, young university located in a country without the historic advantages of prosperity, can make a substantial, positive impact on a wide range of complex, interconnected global challenges.”

Dr. Ahmad added, “The gifts of LUMS include its exceptionally talented students across Pakistan and the extraordinary faculty and staff who teach and support them. The CASE Leadership Award will always belong to LUMS, and I’m privileged to be part of the community that is one of the best-kept secrets of the Global South.”

Since joining LUMS in 2018, Dr. Ahmad has strengthened the University’s unique perspective of Learning without Borders to transcend academic, geographic, and socio-economic boundaries to advance quality higher education in the region.

Dr. Ahmad’s drive to bring people together and transcend traditional silos in LUMS’ governance and core academic work has formed the basis for many significant institutional advancements.  He commented, “To truly make a difference to our students, our communities, and the region, we must look at the challenges before us as opportunities that lead to new ways of thinking, learning, and working together.” 

Over his tenure, this approach has had a significant impact. By combining LUMS Alumni Relations, Marketing, Development, and Communications under the Office of Advancement, donations and new grants to the University have tripled, and alumni contributions have doubled. Dr. Ahmad also championed the 50% scholarship for women enrolled in graduate programmes at the Suleman Dawood School of Business, which resulted in a 35% increase in women's enrolment within graduate programmes. These efforts have also resulted in more financial support for students coming from disadvantaged areas through LUMS’ signature National Outreach Programme (NOP).

Today, LUMS promotes a transdisciplinary approach to research and teaching that encourages cross-appointments across Schools and Centres at LUMS and strengthens faculty and student collaborations across different fields. New experiential learning programmes such as the Baltistan Experience have expanded immersive learning opportunities at LUMS. Dr. Ahmad spearheaded this new programme in 2022 by engaging hundreds of students for a month-long experiential learning partnership in Skardu. This summer, in the month of July, 50 students from the Computer Science department will lead 25 IT boot camps in high schools across Gilgit. Together, students and faculty from LUMS and communities in Gilgit-Baltistan will engage in several field-based courses that respond to major challenges with local and global impact.

Dr. Ahmad has also initiated the LUMS Learning Institute to support faculty development, pedagogical partnerships with students, and the integration of educational technologies to enhance learning and teaching. Following the pandemic, LUMS became a recognised leader in Pakistan in providing support for effective hybrid and online learning. The recent creation of LUMSx, the University’s new online platform, opens new possibilities for the University to amplify access, relevance, and collaboration.

Dr. Ahmad’s unwavering commitment to LUMS and to the advancement of quality higher education in the region will be long-lasting. He has played a pivotal role in supporting and advancing LUMS across all aspects of its work, its outreach, and its impact in the region and beyond. This award celebrates his dedication to exceptional quality higher education and signals the extraordinary progress that the LUMS community has achieved to make a difference in the Global South. The award ceremony recently took place during the CASE Asia-Pacific Advancement Conference and was followed by Dr. Ahmad’s participation in the President’s Panel held in Melbourne.

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Green Entertainment's OST Ankhein for Serial Kabli Pulao Released

Green Entertainment's OST Ankhein for Serial Kabli Pulao Released

Performed by the Dynamic Rahat Fateh Ali Khan

Islamabad: Green Entertainment, an upcoming channel currently running its test transmission, is thrilled to announce the release of the original soundtrack (OST) ‘Ankhein’ for the highly anticipated serial, 'Kabli Pulao.' The OST features a soulful and mesmerizing song performed by the legendary Rahat Fateh Ali Khan.

Directed by Kashif Nisar, ‘Ankhein’ has been penned by the talented Imran Raza, while the music composition has been masterfully crafted by the acclaimed Sahir Ali Bagga, known for his melodious arrangements. Producer Qaiser Ali and Executive Producer Imran Raza, through their collaboration with Q&K Productions and Multiverse Entertainment, have brought forth this release that promises to enchant audiences with its rich melodies and captivating tunes.

The song ‘Ankhein’ beautifully captures the multitude of emotions associated with love, emphasizing the eyes as the window to one's soul. It portrays how the eyes serve as a gateway to the deepest feelings and emotions within us. Rahat Fateh Ali Khan's flawless vocals effortlessly breathe life into this song, making it an unforgettable experience for listeners.

Speaking about the release, COO Imran Raza said, “Working alongside esteemed artists like Rahat Fateh Ali Khan and Sahir Ali Bagga has been an incredible journey. I am immensely proud of this project as it showcases the talent and dedication of our team. I truly believe that music can touch hearts and transcend boundaries. Through this composition, we hope to resonate with listeners on a more personal level.”

The OST release for 'Kabli Pulao' marks a significant milestone for Green Entertainment as they continue to make their mark in the industry. The song is now available on all major music platforms. 

Link: https://www.youtube.com/watch?v=uK_-iHj0PzE

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Annus Abrar Opens His New Flagship Atelier in Karachi

 Annus Abrar Opens His New Flagship Atelier in Karachi

 

KARACHI:-  Pakistan’s much-loved fashion designer Annus Abrar opened the doors to his all-new artistic atelier in Karachi in a star-studded launch event on the evening was just in time for this festive season.

 

The brand new Annus Abrar atelier Showcases the label’s most sought after collections, along with semi-formals and prêt-à-porter, and the designer’s signature bridals. With this the new Annus Abrar flagship atelier is sure to be the perfect one-stop shop for fashionistas this year.

 

On the occasion of his flagship atelier launch, the ultra-talented designer Annus Abrar commented, “The concept of an atelier has been in the works for quite some time. I was just looking for the right location and had a particular architectural style in my mind. The Annus Abrar patrons wanted a venue for viewing our ready-to-wear collections and our aim is to listen to our customers. We are excited to have a space for enhanced interaction with the brides and their families for a more personalized experience for their special occasions. This confidence is backed by steady patronage and we are hopeful and ready to enjoy the luxury of our new address with everyone.”

 

The Annus Abrar flagship atelier’s grand launch was an exciting, glitzy event that had fashion, entertainment, and media fraternity in attendance. The cynosure of the Annus Abrar atelier launch was an exclusive preview of his signature bridal creations in a fabulous fashion presentation kicked-off by Alyana Shamsi, followed by Ersa Batool, Erica Robin, Urshia Hussain, Sadaf Khan, Palvasha Khalid and Rabita Ali, with Javeriya Hanif as showstopper. The show was choreographed by Rana Asif with hair and makeup by Rhyan Thomas.

 

The launch was attended by powerhouse actors Ayeza Khan, Sonya Hussyn, Minal Khan, Sidra Niazi, Yashma Gill, Rizwan Ali Jaffri, Zhalay Sarhadi, Osama Tahir and Hassaan Khan, stylist Ehtesham Ansari, and fellow designers Mariyam D. Rizwan and Mona Imran, along with Aneesa Faruqi and several other luminaries from the industry graced the grand launch with their presence.

 

The Annus Abrar label is ever bursting with oomph, promising to broaden and deepen your involvement with the contemporary luxury fashion. The magnitude of his tireless endeavours, creativity and determination to excel, resonates in the designers’ craft and his eponymous brand, Annus Abrar which he launched in the year 2012. Today Annus Abrar is a highly admired name that brings new designs that serve a narrative of high fashion and celebration of beauty, amassing a loyal clientele.

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United Against Financial Crime: Dun & Bradstreet Empowers the Fight Against Financial Crime in Pakistan

Pakistan Assemble - United Against Financial Crime: Dun & Bradstreet Empowers the Fight Against Financial Crime in Pakistan

 

Karachi, May 25: Dun & Bradstreet (D&B) Pakistan Private Limited concluded its first event series titled "Pakistan Assemble- United Against Financial Crime" at the Pearl Continental Karachi. The event served as a platform to emphasize the significance and sensitivity of compliance and risk management in the ongoing battle against financial crime.

 

D&B, the world's oldest database and risk management company, organized the event as a knowledge-sharing initiative to raise awareness and foster collaboration among key stakeholders in the fight against financial crime. With a legacy spanning over 180 years, D&B has been delivering business, credit, and compliance Information globally, including in Pakistan.

 

The discussions centered around the critical role of compliance and risk management in detecting and preventing financial crime, including money laundering, fraud, corruption, and terrorist financing. Participants also explored the importance of data-driven decision-making, the use of advanced analytics and artificial intelligence, and the implementation of robust compliance frameworks.

 

D&B's "Pakistan Assemble- United Against Financial Crime" event successfully highlighted the urgency of combating financial crime and emphasized the collective responsibility of all stakeholders to strengthen the integrity of Pakistan's financial systems.

The event witnessed an overwhelming response from distinguished executives, industry experts, government officials, and representatives from various organizations. Attendees gathered to share insights, exchange best practices, and address the challenges posed by financial crime, aiming to strengthen the collective defense against illicit activities.

 

Niran Rehman, Chief Business Officer at Dun & Bradstreet Pakistan Private Limited, expressed his gratitude for the remarkable turnout and participation. He said, "We are delighted to have successfully organized the 'Pakistan Assemble- United Against Financial Crime' event and to have gathered such an esteemed group of individuals who share our commitment to combatting financial crime. It was a privilege to facilitate meaningful discussions and explore innovative strategies to protect our financial systems."

 

The event featured keynote speeches by prominent industry leaders who provided valuable insights into the latest trends, regulatory developments, and emerging compliance and risk management technologies. Panel discussions, interactive sessions, and networking opportunities fostered engagement and collaboration among attendees.

 

D&B Pakistan is part of the Dun & Bradstreet Worldwide Network. Dun & Bradstreet, a leading global provider of business decisioning data and analytics, enables companies worldwide to improve their business performance. Dun & Bradstreet's solutions and business intelligence generate insights that empower customers to accelerate revenue, lower costs, mitigate risk, and transform their businesses. Since 1841, companies of every size have relied on Dun & Bradstreet to help them manage risk and reveal opportunity.

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Nehaal Naseem is Spotify’s latest success of Fresh Finds Pakistan

 – The 17-year-old budding vocalist, Nehaal Naseem is the latest discovery of Spotify’s signature Fresh Finds Pakistan. With her debut track ‘Beqadra’ continuously appearing on Spotify Charts for the past 12 weeks, topping at no. 4, Nehaal, who was also the top artist of Fresh Finds PK in February, has joined an ever-growing list of up-and-coming musicians from the local scene.

After Abdul Hannan and Aleemrk, two of Pakistan’s freshest music sensations, Nehaal is the latest musician who has grabbed attention emerging from Fresh Finds PK, a fact highlighted by a staggering 2852% growth in her monthly listeners.

“Having joined Fresh Finds on February 13th with her melancholic song ‘Beqadra’, Nehaal has already accumulated over 2 million streams and counting. With Fresh Finds, we aim to discover voices that have potential and just need that extra push. Like other Fresh Finds discoveries, we supported Nehaal on various playlists. The track has also been curated in major playlists like Pakka Hit Hai, Pakistani Pop, Hot Hits Pakistan, Desi Indie, to name a few”- said Rutaba Yaqub, Spotify Senior Editor in Pakistan, Sri Lanka, Bangladesh.

In addition, Khan FM, Spotify's Artist & Label Partnerships Manager for Pakistan, Sri Lanka & Bangladesh, said, “The Fresh Finds playlist is becoming the best playlist to discover brand new artists from across Pakistan. We’ve seen artists like Abdul Hannan, Aleemrk and Zouqan do really well once their music gets discovered in Fresh Finds, and it’s no less for Nehaal Naseem. Well known music IP’s in Pakistan, as well as music labels, regularly eyeball the Fresh Finds playlist to discover new talent”.

Nehaal Naseem is not new to music as she has been churning out covers of famous tracks since she was a child. It may come as a surprise to many of her fans that she is the same 11 years old girl who went viral in 2016 after her video of singing the OST of the hit drama Mann Mayal grabbed the nation’s attention on social media.

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ICCI urges all stakeholders to work for steering economy out of troubled waters

Islamabad: Ahsan Zafar Bakhtawari, President, of the Islamabad Chamber of Commerce and Industry (ICCI) said that Pakistan needs a strong economy to get its due place in the international community, and emphasized that all the stakeholders should work for steering the economy out of troubled waters and put it on the path of sustainable growth. He said that Pakistan is endowed with a lot of natural resources, which have not been utilized yet due to a lack of good governance.

Resultantly, Pakistan is still far behind in the race for development and the whole nation is suffering due to this situation. He said that there is a great need to create a conducive environment for business and investment in the country so that investors from all over the world are encouraged to do business and invest in Pakistan, which will improve the economy and bring prosperity to the nation. Expressing his serious concern over the recent vandalism of government and military installations in recent days, he said that Pakistan is currently going through a difficult economic situation and it is the need of the hour to end the politics of division and promote national unity. Let’s work together to make Pakistan strong because an economically strong Pakistan can provide a bright future for our generations.

Ahsan Zafar Bakhtawari expressed regret over the desecration of martyrs’ memorials and the destruction of various properties including Jinnah House. He said that the whole nation including the business community strongly condemns such incidents. He said that Pakistan is currently facing challenges on its borders including terrorism and Pakistan’s armed forces are sacrificing their lives on the front line for national defense. In these circumstances, we need to strengthen our forces. He said that any kind of campaign against the defense forces means weakening Pakistan, so every member of the nation should avoid any activity that damages our defense forces. He vowed that the business community will always stand with Pakistan’s armed forces in their efforts to defend Pakistan and will condemn any attempt to undermine them.

Faad Waheed, Senior Vice President ICCI, said that the current situation in Pakistan demands promotion of national unity and abandoning sit-ins and protests. He said that Pakistan’s neighbouring countries are moving towards rapid development, but our country is still suffering from instability. He said that if these conditions continue, the future of our generations will be bleaker. Everyone should play a role to make Pakistan a strong economy.

Engr. Azhar ul Islam Zafar, Vice President ICCI said that the present era is the era of economic wars and those countries are advancing in the world which are economically strong. He said that Pakistan has full potential to emerge as a strong country, so it is necessary that the leadership of the country should rise above their personal differences and keep national interests supreme. That would help Pakistan to emerge a strong economy in the region.

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Mobilink Bank and Hashoo Foundation to drive financial inclusion initiatives for MSMEs

Mobilink Bank and Hashoo Foundation to drive financial inclusion initiatives for MSMEs

Islamabad: Mobilink Bank and Hashoo Foundation (HF) have signed a Memorandum of Understanding (MoU) to jointly enhance financial inclusion for Micro, Small and Medium Enterprises (MSMEs). This collaboration strives to empower MSMEs supported and trained by Hashoo Foundation, fostering their entrepreneurial journey. Mobilink Bank, through this partnership, is committed to enabling the growth and success of small businesses amidst a rapidly evolving economic landscape.

Mobilink Bank is part of the VEON group, a global digital operator that provides converged connectivity and online services across seven countries. Mobilink Bank’s flagship program, the Women Inspirational Network (WIN), is dedicated to minimizing the gender gap in financial inclusion. Jointly leveraging their respective capacity-building programs, Mobilink Bank and HF will host collaborative events to identify and transform potential prospects into business project plans. With a shared vision of empowering women and MSMEs, both institutions are committed to creating synergies that will ensure their growth and prosperity.

Ghazanfar Azzam, President and CEO Mobilink Bank, and Ms. Ayesha Khan, CEO HF and Chief Sustainability Officer (CSO) at Hashoo Group signed the agreement in the presence of senior officials from both organizations. With a specific focus on fostering an inclusive banking ecosystem, this partnership harnesses the potential of digital onboarding processes and grants entrepreneurs access to a diverse range of essential financial products and solutions. As part of the agreement, female beneficiaries of HF will also gain access to the Bank's Bint-e-Hawwa product.

Sharing his thoughts at the signing ceremony, Ghazanfar Azzam, President and CEO Mobilink Bank said, “Mobilink Bank's partnership with HF is a powerful catalyst for change, as it fuels the growth of women-led SMEs and micro enterprises, creating a ripple effect of empowerment, prosperity and a more equitable financial landscape. Through the provision of customized capacity-building initiatives and avenues for networking, we actively support the advancement of these enterprises, narrowing the gender gap and constructing an inclusive economy that yields benefits for all individuals.”

Ms. Ayesha Khan shared how Hashoo Foundation has positively impacted the lives of three million people through its signature programs like Entrepreneurship Training Hub and Incubation Center (ETHIC) which received multiple awards including the International Forum (iF) Social Impact Prize, BBC Global Challenge Award, and the Clinton Global Initiatives Award, for empowering women through various value chain approaches. An innovative action research initiative was training women entrepreneurs for waste-to-money conversion in the Sustainable Methods and Resilient Technologies (SMaRT) village project. In the past year, HF empowered over 12,000 women and men through such collaborations and various partnerships.

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Zong 4G Joins Hands with Resource Linked to Empower Pakistan's Corporate Sector with Digital Connectivity Solutions

Zong 4G Joins Hands with Resource Linked to Empower Pakistan's Corporate Sector with Digital Connectivity Solutions

Islamabad: Zong 4G, Pakistan's leading telecommunication company, has announced its partnership with Resource Linked, a well-renowned name in Resource Management. Under this agreement, Zong 4G will provide Corporate Voice, Data & customized Enterprise solutions products to Resource Linked, as well as its new startup, Snapp I/O, enabling them to perform daily operations with more digital exposure.

Zong 4G's business solutions provide sophisticated services to help companies digitalize and upgrade their performance and monitoring. The partnership with Resource Linked is a testament to Zong 4G's commitment to supporting digitalization and automation in Pakistan's corporate sector. 

Mr. Farooq Raza Khan, Director GCSS, ZONG 4G, said, “We have a vision of 'Lead The Digital Innovation' and have always been focused on supporting digitalization and automation. Going digital  is crucial in the current industry situation, and Zong 4G is making significant investments to expand its infrastructure to provide a wide range of coverage and give digital exposure to corporate entities in Pakistan.”

Mr. Adeel Rasheed, CEO of Resource Linked, acknowledged the importance of digitalization and shared his plan for future business expansion. He also highlighted the impact that basic technological changes could bring to the process and how Zong 4G's support would facilitate seamless business continuity for Resource Linked and its partner platform, Snapp I/O Pvt Ltd.

The partnership between Zong 4G and Resource Linked aims to provide seamless communication and connectivity to the corporate sector in Pakistan, promoting digitalization and automation to increase efficiency and productivity.

The Official Spokesperson of Zong 4G said, "We are delighted to partner with Resource Linked and support their communication and connectivity needs. Zong 4G is committed to providing the best-in-class services to its customers, and this partnership is a testament to our commitment. We look forward to working with Resource Linked and delivering exceptional customer experiences."

Zong 4G remains committed to being at the forefront of digital innovation in Pakistan. This partnership with Resource Linked is a testament to Zong 4G's dedication to supporting and enabling digital transformation in the corporate sector. As a leading telecommunications company, Zong 4G aims to provide its customers with the latest and most advanced solutions, ensuring seamless connectivity and efficient operations. The partnership with Resource Linked marks another milestone in Zong 4G's journey to lead the digital innovation revolution in Pakistan.

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Pesticide Imports to be Facilitated through Pakistan Single Window

Pesticide Imports to be Facilitated through Pakistan Single Window

ISLAMABAD: Pakistan Single Window has launched a new service to facilitate the import and clearance of pesticides in Pakistan. As part of the service PSW has also deployed the unified registration system enabling electronic registration of pesticide products and premises with the Department for Plant Protection. The URS enables real-time validation of pesticide products and premises at the time of customs clearance.

Under Pakistan’s trade regulations, all imports of pesticides are subject to mandatory Pre-Shipment Inspection (PSI) by independent third parties, to ensure that imported pesticides conform to international and national requirements. With a view to facilitate regulatory compliance, the module also allows PSI companies to electronically communicate inspection certificates with the PSW system, which are then made available to traders and relevant regulatory departments for verification. 

PSW’s new module is based upon electronic validations driven by PSW’s integration with the DPP and the indigenously developed Integrated Tariff for Trade (ITT) which allows pesticide traders to provide 4-digit product codes while filing a declaration on the PSW system. The ITT allows PSW to derive relevant regulatory requirements for each consignment and automatically route it to the relevant DPP office for processing. 

In a statement released from his office, Syed Aftab Haider CEO Pakistan Single Window stated, “The new services simplifies the inspection process and ensures consistent application of laws while at the same time reducing the time and cost involved in submission of paper based documents to multiple authorities. Electronic receipt of the PSI certificates further enhances the transparency and integrity of the process.”

The new service is an important milestone in PSW’s mission to transform and digitize the cross-border trade landscape of Pakistan by enabling electronic validation and processing of trade consignments, thereby significantly reducing trade compliance costs and time.  

Pakistan Single Window (PSW)

The Pakistan Single Window initiative led by Pakistan Customs aims at reducing the time and cost of doing business by digitalizing Pakistan’s cross border trade and eliminating paper based manual processes. The DPP is the first government department to have integrated with the PSW system and is currently offering services for electronic issuance of Import Permit (IP), Release Order (RO), and Export Certificate (EC) through the PSW platform. As of April 2023, DPP has processed more than 100,000 documents through PSW with 36% of import permits and 55% of export certificates processed and issue the same day resulting in substantial savings for the traders.

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Fly Emirates to Dubai and enjoy a complimentary night’s stay in a luxury 4* or 5* hotel

Fly Emirates to Dubai and enjoy a complimentary night’s stay in a luxury 4* or 5* hotel

Travellers planning their summer getaway to Dubai can enjoy a complimentary stay at the iconic 25hours Hotel One Central or Novotel World Trade Centre

Emirates has today announced an exciting new offer for travellers planning to visit Dubai this summer. Starting from 22^nd May 2023 to 11^th June 2023, people who purchase an Emirates return ticket in First Class or Business Class to or stopping over in Dubai, will be able to enjoy a complimentary two night stay at 25hours Hotel Dubai One Central. While for those travelling in Premium Economy Class or Economy Class, can enjoy a complimentary one night stay at Novotel World Trade Centre, Dubai.*

 

This special offer is valid for all return tickets to or stopping over in Dubai for more than 24 hours, for travel dates between 26^th May 2023 and 31^st August 2023. The offer is available on bookings made on emirates.com or Emirates call centre or ticket offices and via participating travel agents, made at least 96 hours in advance of passengers’ arrival.  

 

Based right next to Dubai’s iconic Museum of the Future, the 5* 25hours Hotel Dubai One Central draws inspiration from traditional Bedouin culture and design, but with a modernised twist. Lose yourself in a culinary experience from North Indian Cuisines to Bavarian beer across the five amazing in-house restaurant and bars all over the hotel. If you’re looking to relax, travellers can unwind in the Extra Hour Spa, a unique, rooftop sauna that overlooks the stunning city of Dubai.

 

Located within the Dubai International Convention and Exhibition Centre (DWTC), Novotel World Trade Centre, Dubai, gives off a luxurious yet homely vibe right in the heart of Dubai. Relax by the pool and enjoy signature cocktails and light meals from Chills Pool Bar, and cap your adventure off with listening to a live music performance at the soul soothing Blue Bar. Whether travelling alone or as a family, make Novotel World Trade Centre, Dubai your place to stay.

 

Explore more of Dubai with Emirates

 

Whether it’s cooling down in private pools or enjoying family fun at indoor theme parks and water parks, there is something for every traveller when visiting Dubai this summer. From sun-soaked beaches and cultural activities to world class hospitality and leisure facilities, Dubai offers a variety of world-class experiences for every visitor:

 

·        My Emirates Pass: Customers flying to or through Dubai can simply show their boarding pass and a valid form of identification to hundreds of retail, leisure, and dining outlets, as well as famous attractions and luxury spas, to enjoy fantastic discounts throughout Dubai and the UAE. To see all My Emirates Pass offers, please visit www.emirates.com/myemiratespass.

·        Dubai Experience: Customers can browse, create and book their own customised itineraries including flights, hotel stay, visits to key attractions, and other dining and leisure experiences in Dubai and the UAE, through Emirates’ Dubai Experience platform, and enjoy even more unique benefits.

• Skywards Partners: Members of Emirates’ award-winning loyalty program, Skywards, can earn Miles with our worldwide partners like hotels, airlines, car rentals, retail and banking. Members can spend these Miles on reward tickets, upgrades, or even tickets for concerts and sports events. Learn more about Emirates Skywards here: https://www.emirates.com/english/skywards/

 

Emirates has safely restarted operations to more than 130 destinations, across six continents and currently operates 53 flights per week from Pakistan to Dubai.  

 

For more information, visit emirates.com. Tickets can be purchased on emirates.com, Emirates Sales Office, via travel agents or through online travel agents.

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Wells Fargo to pay $1 bn to settle shareholder class action

New York (AFP) - US bank Wells Fargo has agreed to pay $1 billion to settle a class action lawsuit by shareholders who accused it of not having changed its management and practices quickly enough after a series of scandals.

The agreement has been submitted to a federal judge in Manhattan for approval, according to a document filed Monday.

In June 2020, a group of shareholders, including Sweden’s Handelsbanken Fonder AB and the Louisiana Sheriffs’ Pension & Relief Fund, launched a class action against the San Francisco-headquartered bank.

Their lawsuit accused Wells Fargo of shortcomings in strengthening its risk control and compliance following commitments made to regulators in 2018.

At the time, the Federal Reserve had forced the bank to submit a plan to take control of the management, accompanied by a temporary asset cap following a series of compliance problems.

The Fed’s punitive restrictions followed a series of scandals over abuses at the bank, including opening millions of fake accounts and charging unnecessary insurance premiums to more than half a million customers on their car loans.

In March 2020, a report by the House Financial Services Committee accused the bank of not having started real reform of its governance and of not complying with the Fed’s directives in terms of risk management and compliance.

In September 2021, the bank was hit with a new fine of $250 million for failing to meet requirements in an agreement to pay previously harmed customers in the fake accounts scandal.

Since 2016, Wells Fargo has paid billions in settlements and financial penalties related to its business practices.

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PIA’s first Hajj flight leaves from Karachi

KARACHI: PIA Spokesman said that PIA’s first pre Hajj flights departed from Karachi early Sunday morning followed by Faisalabad and Islamabad Airports respectively, simple ceremonies held at airports to greet the Intending pilgrims, by PIA, Hajj officials, and government officials.

The first Pre Hajj flight from Islamabad to Madinah left on Sunday night.

The intending pilgrims were seen off by Minister for religious affairs, Talha Mehmood, Ambasador of saudia Arabia in Pakistan his Excellency Nawaf saeed bin Malki specially came to see-off the intending hajj pilgrims; among others who were present at on the occasion were Minister Antinarcotics Shazain Bugti, CEO PIA, AVM Amir Hayat, Chief Commercial Officer, Nausherwan Adil and other senior officials of PIA and CAA.

PIA’s first pre Hajj flight from Karachi PK 773 departed from. Jinnah International Airport in the early hours of Sunday Morning carrying 328 intending pilgrims to Madinah.

The Intending pilgrims of the first flight from Karachi were seen off by Chief Operating Officer PIA, Amanullah Qureshi, DG Benazir Income Support Program, Imtiaz Shah, Director Hajj karachi Sajjad Haider and senior officials of PIA and Civil Aviation Pakistan.

The Intending pilgrims were requested to pray for the progress and prosperity of Pakistan and the National Flag carrier.

The intending pilgrims of first pre Hajj flight from Faisalabad was seen off by Interior Minister, Rana Sanaullah, PIA Marketing Manager Muhammad Shafique, PIA District Manager Shahid Hussain and officials of PIA and CAA.

The Pre Hajj operation of carrying intending pilgrims to Saudi Arabia will continue till 22 June 2023.

The airline will transport more than 65,000 intending pilgrims to Saudi Arabia through more than 320 Hajj and regular scheduled flights.

PIA will operate flights from Karachi, Islamabad, Lahore, Multan, Sialkot, Peshawar Quetta, Sukkur, Rahim Yar Khan and Faisalabad.

The entire Hajj operation will be conducted with airline’s Boeing 777 and A320 aircraft.

CEO PIA has directed PIA departments, and the airline’s Hajj teams deputed at Saudia Arabia and Pakistan to provide best services to the intending pilgrims.

PIA Post Hajj operation of bringing back Hujjaj from Saudi Arabia will commence from 2 July and conclude on 2 August 2023; Spokesperson concluded.

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Bilawal arrives in AJK to protest India’s violation of international laws

MUZAFFARABAD: Chairman Pakistan Peoples Party and Foreign Minister Bilawal Bhutto Zardari has arrived in Muzaffarabad, the capital of Azad Jammu and Kashmir, to express solidarity with the Kashmiri brethren against India’s violation of international laws in holding the G20 meeting in occupied Jammu and Kashmir.

Bilawal Bhutto Zardari was received at the helipad by President PPP AJK Chaudhry Muhammad Yasin, Leader of Opposition Legislative Assembly Chaudhry Latif Akbar, Secretary General PPP AJK Faisal Mumtaz Rathore, Members of Assembly Mian Abdul Waheed, Syed Bazal Ali Naqvi, Sardar Javed Ayub, Nabila Ayub and Chief Secretary of the Independent Government of AJK, Dr Muhammad Usman.

Speaking to the media, Bilawal said that India’s G20 meeting in Occupied Kashmir is a violation of international law. India cannot suppress the voice of Kashmiris through a conference. By violating the UN resolution, it is not possible for India to play an effective role in the world. Bilawal Bhutto Zardari said that at a time when India is holding the G20 meeting in Occupied Kashmir, he has been invited to address the assembly of AJK.

Those who think that they can suppress the voice of Occupied Kashmir by holding a conference will be proved wrong. He said that we are showing the true face of India to the world. “I have come here to express solidarity with Kashmiri brothers and sisters.” He said that solidarity will be expressed with Kashmiris on May 22.

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