2018 March 08 : AsiaNet-Pakistan

Archive for March 8th, 2018

iPic® Entertainment Announces Agreement to Partner With BAS Global Investments Company to Develop World-Class Luxurious iPic Theaters and Restaurant Locations in Saudi Arabia

March 8, 2018 | General

BOCA RATON, Fla., March 08, 2018 (GLOBE NEWSWIRE) — iPic® Entertainment (“iPic” or the “Company”) (NASDAQ:IPIC), America’s premier luxury restaurant-and-theater brand, today announced the signing of a Memorandum of Understanding to develop its one-of-a-kind, world-class luxurious iPic® theater-and-restaurant locations throughout the Kingdom of Saudi Arabia. iPic® has formed a partnership with BAS Global Investments Company, […]

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‫سی آر آئی سرٹیفکیشن نے ڈی اے سی کی جانب سے اولین آئی ایس او 37001:2016 اینٹی-برائبری مینجمنٹ ایکریڈیشن دے دی

March 8, 2018 | General, Urdu

دبئی ایکریڈیشن ڈپارٹمنٹ (ڈی اے سی) باضابطہ طور پر عالمی ادارے کی صلاحیت کو تسلیم کرتا ہوا تاکہ اداروں کو انتظامی سسٹمز کے احکامات کی تعمیل اور رشوت ستانی سے تحفظ میں یقینی مدد ملے دبئی، متحدہ عرب امارات، 6 مارچ 2018ء/پی آرنیوزوائر/– کارپوریٹ ریسرچ اینڈ انوسٹی گیشنز ایل ایل سی “سی آر آئی گروپ” […]

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Cisco Disrupts Optical Transport with Innovative Modular Platforms

March 8, 2018 | General

SAN JOSE, Calif., March 08, 2018 (GLOBE NEWSWIRE) — The constant need for more bandwidth is driving innovation in networking platforms, providing more value through increased flexibility, scale and automation. Network operators are rapidly adopting automation features using the Cisco® Network Convergence System (NCS) 1000 series, with more than 4 petabits per second (Pbps) of capacity already deployed globally […]

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Board of directors meeting of Atlas Insurance Limited

March 8, 2018 | Board Meetings

Karachi, Atlas Insurance Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on March 16, 2018 at Karachi to discuss business matters. Further, the company has declared the closed period from March 09, 2018 to March 16, 2018. Atlas Insurance Limited was founded in 1934 by Dr. Sir Muhammad Iqbal as a public limited company and was taken over by the Atlas Group in 1980. It has reinsurance arrangements with reinsurers of the world including Swiss Re from Switzerland, Hannover Re from Germany, Tokiio Fire & Nichido Marine and Sompo from Japan among others. The company is listed on Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located in Lahore. The company is involved in the business of general insurance. The classification of its products includes fire and property, health, marine, motor, travel, engineering, money insurance, personal accident, liability insurance and miscellaneous kinds of insurance. The symbol “ATIL” is being used by the stock exchanges for the shares of Atlas Insurance Limited.

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Board of directors meeting of Habib Bank Limited

March 8, 2018 | Board Meetings

Karachi, Habib Bank Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on March 19, 2018 at Islamabad. The agenda of the meeting will to consider the Annual Accounts for the period ended December 31, 2017. Further, the company has declared the closed period from March 09, 2018 to March 19, 2018. Habib Bank Limited is incorporated in Pakistan as a commercial bank in 1947 and the foundations of the company are laid under the Banking Ordinance of Pakistan and Companies Ordinance, 1984. The company is engaged in the business of commercial banking, modaraba management and asset management related services in Pakistan and overseas. The shares of the bank are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located in Karachi. The bank has a branch network of over 1,500 branches inside Pakistan including 33 Islamic banking branches and 43 branches outside the country including Karachi Export Processing Zone. The bank also has 1,300 ATMs across the country and a customer base exceeding five million relationships. The bank has presence in 25 countries, subsidiaries in Hong Kong and the UK, affiliates in Nepal, Kenya and Kyrgyzstan and rep offices in Iran and China. The bank is also expanding its presence in principal international markets including the UK, UAE, South and Central Asia, Africa and the Far East. The Government of Pakistan privatized HBL in 2004 through which the Aga Khan Fund for Economic Development acquired 51% of the Bank’s shareholding and management control, 42.5% of the shareholding is retained by the Government of Pakistan, whilst 7.5% is owned by the general public i.e. over 170,000 shareholders following the public listing that took place in July 2007. The symbol “HBL” is being used by the stock exchanges for the shares of Habib Bank Limited.

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Board of directors meeting of Security Investment Bank Limited

March 8, 2018 | Board Meetings

Karachi, Security Investment Bank Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on March 15, 2018 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended December 31, 2017. Further, the company has declared the closed period from March 09, 2018 to March 15, 2018. Security Investment Bank Limited is a public limited company incorporated in Pakistan under the Companies Ordinance, 1984. The bank was incorporated in Pakistan on May 23rd, 1991. It started its commercial operation on 31 December 1991. It is licensed to carry out business of investment finance services as a Non-Banking Finance Company under section 282C of the Companies Ordinance, 1984 and the Non-Banking Finance Companies Rules, 2003 issued by the Securities and Exchange Commission of Pakistan as amended through SRO 1131 (I) /2007 dated 21 November 2007 and Non-Banking Finance Companies and Notified Entities Regulations 2008. The registered office of the company is located in Islamabad. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The bank is active in the money market activities. These activities include making short-term investments in government securities, shares, lending, borrowing, placements, promissory notes, banker’s acceptance and other money market instruments. The symbol “SIBL” is being used by the stock exchange for the shares of Security Investment Bank Limited.

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METRO Cash and Carry Pakistan collaborates Punjab Skills Development Fund, PBTE and Star Farm Pakistan for Industrial Training Program 2017

March 8, 2018 | General Business News

Lahore, March 08, 2018 (PPI-OT): METRO Cash and Carry in collaboration with Star Farm Pakistan organized the Graduation Ceremony of…

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UN Women, World Bank and Women on Board Pakistan join to Ring Market Opening Bell for Gender Diversity

March 8, 2018 | General Business News

Karachi, March 08, 2018 (PPI-OT): Pakistan Stock Exchange, for the second year in a row, commemorated the International Women’s Day…

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Overseas Investors Chamber of Commerce and Industry launches ‘Heroes Leadership Lounge’

March 8, 2018 | General Business News

Karachi, March 08, 2018 (PPI-OT): The Overseas Investors Chamber of Commerce and Industry (OICCI) has launched the ‘Heroes Leadership Lounge’…

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Corruption raises cost of doing business by at least 20 percent in Pakistan: Altaf Bawany

March 8, 2018 | General Business News

Karachi, March 08, 2018 (PPI-OT): Director General of National Accountability Bureau (NAB) Sindh Mohammad Altaf Bawany, while referring to a…

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Careem Pledges to Have 20,000 Female Captains by 2020

March 8, 2018 | General Business News

Karachi, March 08, 2018 (PPI-OT): Careem, the region’s leading ride-hailing app today announced its commitment to recruiting more females to…

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Pakistan’s Liquid Foreign Reserves Position

March 8, 2018 | General Business News

Karachi, March 08, 2018 (PPI-OT): The total liquid foreign reserves held by the country stood at US$18,329.2 million on 02…

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