Fly Emirates to Dubai and enjoy a complimentary night’s stay in a luxury 4* or 5* hotel
Travellers planning their summer getaway to Dubai can enjoy a complimentary stay at the iconic 25hours Hotel One Central or Novotel World Trade Centre Emirates has today announced an exciting new offer for travellers planning to visit Dubai this summer. Starting from 22nd May 2023 to 11th June 2023, people who purchase an Emirates return…
Adil Aziz
Asad Ali Memon, has accomplished an extraordinary feat by successfully reaching the summit of Mount Everest, the highest peak in the world
IoBM is thrilled to announce that our high-spirited student, Asad Ali Memon, has accomplished an extraordinary feat by successfully reaching the summit of Mount Everest, the highest peak in the world. Conquering the majestic mountain means that he is now part of an exclusive cohort of individuals to summit Mount Everest and is now the…
A first for LUMS Advancement of Education in the Asia-Pacific Region
The Council for Advancement and Support of Education (CASE) has awarded the Asia-Pacific Leadership Award to Dr. Arshad Ahmad, Vice Chancellor of LUMS. Dr. Ahmad is the first recipient of a South Asian university to receive the award in recognition of his efforts to promote education and institutional advancement. Mr. Shahid Hussain, Rector of LUMS,…
Nadeem Khan nominated as member of ICAP ASB
Group Chief Financial Officer (GCFO), PTCL & Ufone 4G, Nadeem Khan has been nominated as a member of the Institute of Chartered Accountants of Pakistan (ICAP) on its prestigious Accounting Standards Board (ASB). The ASB is responsible for overseeing the adoption, development, and implementation of accounting standards in the country, as well as providing guidance…
Pakistan committed to ensuring generation of environment-friendly energy: Khurram Dastgir
Minister for Power Division Khurram Dastgir said Pakistan was committed to ensuring generation of environment-friendly energy and an ambitious target had been set up to enhance share of renewable energy (RE) to 60 per cent in the total country’s energy mix by 2030. Addressing at the Future Energy Conference 2023, he said Pakistan was moving…
Pakistan says creation of Central Asia-like peace zones could lead to world stability
Pakistan has commended last year’s UN General Assembly’s resolution of Central Asia as a zone of peace, trust and cooperation, saying the creation of such zones could pave the way to stability in this conflict-ridden world. “In a world where conflicts and tensions have proliferated in several regions, the creation of zones of peace in…
UN forecasts world economic growth of 2.3% in 2023, 2.5% in 2024
GLOBAL economic growth is projected to be 2.3 per cent in 2023, up 0.4 percentage points from a January forecast, and the prediction for 2024 has dropped 0.2 percentage points to 2.5 per cent, according to a United Nations (UN) report. “Despite this uptick, the growth rate is still well below the average growth rate…
Telenor Microfinance Bank lending revenue increases by 45% in Q1-2023
Telenor Microfinance Bank (TMB) achieved an impressive year-on-year increase of 45 percent in lending revenue backed by Rs 7 billion disbursements through a completely digital, cashless, and paperless process. TMB operator of Pakistan’s leading digital financial services platform, easypaisa, has reported its financial results for first quarter of 2023, showcasing a strong performance despite challenging…
President directs banks to refund over Rs 0.5 Million to bank fraud victims
President Dr Arif Alvi directed two private banks to refund an amount of Rs 564,469 to three victims of bank fraud in cases of online funds transfers and fraudulent ATM transactions. The President gave these directions while deciding on three separate representations filed by Allied Bank Ltd (ABL), United Bank Ltd (UBL), and a citizen against…
WHO advises against artificial sweeteners for weight control, disease
The World Health Organization (WHO), a Geneva-based UN agency, has released new guidance advising against the use of non-sugar sweeteners (NSS) to control weight or manage noncommunicable diseases, citing a lack of evidence that these products have any long-term benefits. The WHO also noted NSS use may be linked to Type 2 diabetes, cardiovascular diseases…