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Daily Archives: December 15, 2015

Etihad Airways wins ‘World’s Leading Airline’ Award for seventh consecutive year

Lahore, December 15, 2015 (PPI-OT): Etihad Airways has crowned a momentous 2015 by collecting the coveted ‘World’s Leading Airline’ award for the seventh consecutive year at the annual World Travel Awards (WTA) Grand Final Gala Ceremony 2015. Red-carpet event was held before an audience of the industry’s leading luminaries and international media at the exclusive ...

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Pakistani shoppers to enjoy Visa’s ‘Impossible Deals’ promotion at Dubai Shopping Festival 2016

Karachi, December 15, 2015 (PPI-OT): Visa Inc. (NYSE:V), a global payments technology company, and official payments partner of the 21st Dubai Shopping Festival (DSF) 2016, has launched the ‘Impossible Deals’ campaign that will offer Visa card holders from Pakistan visiting Dubai during DSF with a number of impossible deals, representing discounts of up to 80% ...

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Meezan Bank and Lahore University of Management Sciences sign deal to promote Islamic Banking and Finance

Karachi, December 15, 2015 (PPI-OT): Meezan Bank, Pakistan’s largest Islamic Bank, and Lahore University of Management Sciences (LUMS), Pakistan’s leading private university with international repute, recently announced the signing of a Memorandum of Understanding (MoU) that will help foster the learning and development of Islamic Banking and Finance across the country. The MoU focuses on ...

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JCR-VIS reaffirms Insurer Financial Strength rating of Alpha Insurance Company Limited

Karachi, December 15, 2015 (PPI-OT): JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the Insurer Financial Strength (IFS) rating of Alpha Insurance Company Limited (AICL) at ‘A’ (Single A). Outlook on the assigned rating is ‘Stable’. The previous rating action was announced on December 10, 2014. The assigned rating incorporates financial profile and demonstrated support ...

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JCR-VIS assigns entity ratings to Dawood Equities Limited

Karachi, December 15, 2015 (PPI-OT): JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has assigned initial entity ratings to Dawood Equities Limited (DEL) of ‘BB+/A-3’ (Double B Plus/A-Three). Outlook on the assigned ratings is ‘Stable’. Ratings assigned to DEL take into account limited scale of operations of the company by way of equity brokerage services to domestic ...

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Sindh has abundance wind, coal, solar and other natural resources which can bolster investment and trade prospects: Dr. Asif A. Brohi

Karachi, December 15, 2015 (PPI-OT): Chairman, Sindh Board of Investment, Dr. Asif A. Brohi has said that the Sindh Government had been trying to provide uninterrupted energy to the National and Foreign investors, adding that Sindh has a natural wind corridor with high wind speed for power generation which would be a main source of ...

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