DUBAI: The global requirement for the shipping industry to reduce sulphur oxide emissions under new international regulation set by the International Maritime Organization (IMO) brings environmental safety to the forefront of this industry. With just three months until January 1, 2020, the date when the new rule comes into force, shipowners are in the spotlight to beat the deadline and …

KARACHI: Khareed – an enterprise e-procurement software that facilitates B2B procurement in Pakistan – was accepted into Silicon Valley-based accelerator Founder’s Embassy summer 2019 program, making it the first and only Pakistani startup to be selected in the program’s history. Founder’s Embassy is a highly selective San Francisco-based accelerator seeking international startups that have already gained strong traction in their …

DUBAI: Visa (NYSE: V), the world’s leader in digital payments, today launched ‘Stay Secure’, a consumer education campaign that aims to promote safe digital payment (card and mobile) practices among Pakistani consumers. Running for the first time in Pakistan, Visa’s security campaign addresses consumer concerns and provides advice to help consumers protect themselves against payment-related frauds. Having successfully promoted the security …

KARACHI: The Managing Committee members of the Overseas Investors Chamber of Commerce and Industry (OICCI) recently held their annual interaction with senior diplomats of countries represented at the OICCI. The meeting provided an opportunity to exchange views on the current Business Environment and to share the OICCI perspective on opportunities for FDI in Pakistan. Shazia Syed, President OICCI, presented key highlights of research …

DUBAI: The newly formed board of trustees of the Dubai International Arbitration Centre (DIAC) held its first meeting earlier today at Dubai Chamber of Commerce Industry’s head office where it discussed new plans and efforts to boost Dubai’s position as a global centre for commercial arbitration. The meeting comes after H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and …

DUBAI: The Expo 2020 Dubai Higher Committee, led by His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Expo 2020 Dubai Higher Committee, Chairman of Dubai Civil Aviation Authority, Chairman Dubai Airports and Chairman and Chief Executive of Emirates Airline and Group, has convened to hear the latest updates in preparing to host an exceptional World Expo. The meeting, held at Expo …

KARACHI: Earlier this year, Golootlo & NBP partnered in a campaign to make the dream of watching the ICC World Cup live a reality for a few lucky individuals. Several people won and flew to England but there were some who couldn’t manage to go despite winning. Golootlo ensured that these individuals wouldn’t be left unrewarded. The company awarded a …

MONTENEGRO: Marriott International, Inc., recently announced the signing of a milestone agreement with Northstar D.O.O. to bring The Ritz-Carlton brand to Montenegro. Under the plan funded by Al Yasra, The Ritz-Carlton, Montenegro and The Ritz-Carlton Residences, Montenegro are scheduled to bring the brand’s unrivalled elegance and legendary service to the country in 2023. “With its striking views of the Adriatic …

DUBAI: Roads and Transport Authority (RTA) has won innovation award for bridge maintenance management system presented by the leading British firm MEED; a specialist in the assessment of innovative projects.   Eng. Maitha bin Adai, CEO of RTA’s Traffic and Roads Agency was delighted with the award from a renowned entity with high credibility in the assessment of innovative projects …

News Desk NEW YORK: Traditional ap​proaches to driving internet network roll-out and uptake are failing to reach the remaining half of the global population still lacking online access, according to a new report issued in New York recently by the Broadband Commission for Sustainable Development. To counter slowing global growth, the report advocates for new collaborative strategies to drive the concept …