News Desk ABU DHABI: A vaccine against COVID-19 is crucial to end the pandemic and to save lives and livelihoods. The Coalition for Epidemic Preparedness Innovations (CEPI) is playing an important role in funding and speeding up the development of COVID-19 vaccine candidates on a global basis. That is why Nestlé has today announced that it will support CEPI’s efforts with a donation of CHF 1 …

KARACHI: At a time when the lockdown has been eased and the country is adjusting itself to a new normal, Pakistan’s leading biscuit manufacturer, EBM, through its mega-brand, Sooper, has launched a Public Service Message urging people to continue exercising caution in order to keep themselves and their loved ones safe from the virus. The message arrives at a crucial …

News Desk SHENZHEN: Huawei held its 17th annual Global Analyst Summit in Shenzhen, both onsite and online. At the event, Huawei was joined by over 2,000 analysts, key opinion leaders, and media representatives from a range of industries, including telecoms, the Internet, and finance. Together, they discussed how the industry can work together to weather the difficult times, achieve win-win outcomes, …

KARACHI: Standard Chartered Pakistan has contributed USD1 million to Red Cross and UNICEF programmes that are providing emergency relief to communities impacted by the COVID-19 pandemic. In total, USD300,000 will be contributed to the Red Cross for the provision of urgent medical support and USD700,000 to UNICEF for the immediate protection and education of vulnerable children. These donations are part …

News Desk KARACHI: Brandverse, Pakistan’s largest, fastest and most automated production studio for e-commerce product content has signed a long-term partnership agreement with foodpanda to provide data and content for their recently launched and rapidly expanding grocery delivery service, foodpanda shops. Brandverse will provide foodpanda access to the largest and fastest-growing catalog of FMCG products, delivered in real time to its …

ISLAMABAD: GE Renewable Energy, in consortium with Powerchina Zhongnan Engineering Corporation Limited, announced that it has been selected by Pakistan Water and Power Development Authority (WAPDA) to supply six Francis turbines and generators for Stage 1 of the new Dasu hydropower plant in Pakistan. The 2.2 GW Dasu hydropower project is one of the most important power generation projects in the …

DUBAI: Investment Corporation of Dubai (ICD) today announced its consolidated financial results for the year ended 31 December 2019 having achieved Revenues of AED 228.0 Billion and a Net Profit of AED 25.0Billion. Revenues were AED 228.0 Billion, down by 1.9 per cent, with a drop in Oil and Gas revenues and a marginally lower Transportation income offset by higher …

News Desk DUBAI: With the aim of ensuring business continuity and discussing the way forward to mitigate the impact of Covid-19, His Excellency Hamad Buamim, President & CEO, Dubai Chamber of Commerce and Industry affirmed that the Chamber continues to follow and study indicators related to commercial activity in the emirate, and to communicate with the local business community in …

ABU DHABI: Etisalat Group announced today in a statement that Eng. Saleh Al Abdooli, has submitted his resignation as the Chief Executive Officer of Etisalat Group, for personal reasons. The Board of Directors accepted his resignation and appointed Eng. Hatem Dowidar as Acting Chief Executive Officer for the Group. Dowidar is currently the CEO International of Etisalat. His Excellency Obaid …

BONN, GERMANY – Media OutReach: DHL Global Forwarding, Deutsche Post DHL Group’s air and ocean freight specialist, has launched myDHLi, the only fully integrated online platform for freight forwarding customers. myDHLi’s highly intuitive user interface makes it easy to use and ensures that customers have all relevant information at hand. Reflecting already well established social media functions like follow and share, relevant information …