ISLAMABAD: Further expanding itself in the domain of digital payments, JazzCash has entered into an agreement with Frontier Works Organization (FWO),whereby it will be digitizing M-Tagrecharge. Users can now pay their toll fees on the motorway through JazzCash. Currently more than a hundred thousand people travel daily on M2 and those using the M-Tag facility have to wait in long …

KARACHI: ThalNova is pleased to announce that it has entered into a subscription agreement with CMEC ThalNova Power Investments Limited pursuant to which it will subscribe for 10% shareholding in ThalNova, subject to all the regulatory approvals of Pakistan. CMEC ThalNova Power Investments Limited has also executed a Novation Agreement with the existing shareholders of ThalNova. ThalNova, incorporated under the …

KARACHI: Cinepax Cinemas, Pakistan’s favorite cinema chain’s CEO Mariam El Bacha, is featured on number 5th in the list of “Top 50 women of the Global Cinema” which truly showcases her hard work towards the cinema industry. Mariam took the position of the CEO of Cinepax Cinemas in Feb 2018. She was previously working as the Director of Operations at …

DUBAI: The Sicilia Italian restaurant in the Mövenpick Hotel Ibn Battuta Gate Dubai, has just received a double whammy bonus, with the arrival of new Chef de Cuisine Raffaele Andreozzi. The 43-year-old Italian national, who hails from the Genoa region of Italy, joins Mövenpick Hotel Ibn Battuta Gate Dubai, following a two-year assignment at the Anantara Desert Island Resort on …

ISLAMABAD: Chairman Martin Dow Group Jawed Akhai in collaboration with Nutshell Forum & the Ministry of Planning, Development & Reforms inaugurated the 2nd “Leaders in Islamabad” Business Summit on 14th March at the Serena Hotel, Islamabad. In his inaugural address while welcoming all the guests, Jawed Akhai quoted the BMI Research from the World Economic Forum website that claimed that …

BANGKOK: Mr. Narongchai Wongthanavimok (left), Executive Vice President, Finance and Accounting, Thai Airways International Public Company Limited (THAI), recently received Corporate Treasurer Marquee Awards “Asia’s Best CFO” 2017 from Mr. Peter Shadbolt, Editor, The Corporate Treasurer, at the Corporate Treasurer 2017 awards dinner, held at The Fullerton Hotel, Singapore. The Corporate Treasurer publication and website offers daily market intelligence and …

MUSCAT: Oman Air has taken delivery of the second of 30 Boeing 737 Max 8s it has on order on Sunday 11 March. The aircraft will allow the national carrier of the Sultanate of Oman to continue its growth. The 737 MAX family offers the greatest flexibility, reliability and efficiency in the single-aisle market, with eight percent lower operating costs …

KARACHI: Celebrating women everywhere, National Foods Limited (NFL) hosted an event for the International Women’s’ Day 2018, with the theme chosen for this year, #PressForProgress. With the rise of female presence in the corporate world, NFL invited multiple notable figures like Sadaffe Abid, CEO Circle, Samia Naseem Ahmad, Organizational Psychologist and Ms. Amina Mujib Khan, dietitian and nutritionist among others …

SHARJAH: Air Arabia (PJSC)(DFM:AIRARABIA) shareholders approved the distribution of ten percent cash dividend for the financial year ending December 31, 2017 at the company’s Annual General Meeting (AGM) in Sharjah yesterday. The dividend, which is equivalent to ten fils per share, mirrors another year of sound financial performance for the award-winning low-cost carrier. The recommendation of the Board of Directors …

DUBAI: The Federation of UAE Chambers of Commerce and Industry in cooperation with the Dubai Chamber of Commerce and Industry, the UAE Ministry of Economy and the SEV Hellenic Federation of Enterprises hosted the UAE-Greek Business Forum in Dubai, which explored trade and investment opportunities in both countries. The forum, held at Dubai Chamber’s premises, was attended by H.E. Sultan …